News and articles
Advanced training will start in Gödöllő from eco plantation
Date: 2011-10-12 12:20:06
The Gödöllő-based Szent István University prepares to launch an eco vegetable and fruit production training – told Matthew Hayes, university professor to MTI. He told that the two-year training is...
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Pepsi reported two billion USD quarterly profits
Date: 2011-10-12 12:19:14
The shares of PepsiCo. Inc. began to rise before the opening of the U.S. market after the company's third-quarter profit increased to 2 billion USD (1.25 USD per share). These...
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Pig farming declines in Austria as well
Date: 2011-10-12 12:18:42
The decline of peasant farms is unstoppable in Austria. Only the larger companies are able to survive. 15 years ago, 239 thousand farms were in Austria with a size of...
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Magazine: CIB FaktorFactoring
Date: 2011-10-12 11:56:49
CIB FaktorFactoring: the crisis is overAfter the contraction in 2010, the domestic factoring market started expanding again in 2011. Since there have not been major changes on the credit market,...
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Frost damage compensation – five thousand farmers get help
Date: 2011-10-12 10:34:27
About five thousand farmers affected by the frost damage in Szabolcs-Szatmár-Bereg County receive assistance from the agricultural production system in the form of a compensation – regional leader of the...
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Corruption in public procurement and in general in Hungary
Date: 2011-10-12 09:18:21
GKI conducted a survey about corruption penetration and perception of corruption in the Hungarian economy. This study summariee the most important result and formulated proposals to the Public Procurement Council,...
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Old Hungarian brand Mirelite is here again
Date: 2011-10-11 19:33:12
The fourth day of Anuga saw the resurrection of an old Hungarian brand Mirelite. In the hall of frozen products, the stands of Albertirsa-based Mirsa company was visited by 150...
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GKI: Consumption drops by 3 percent next year
Date: 2011-10-11 17:13:42
According to the forecast of GKI Economic Research Co. prospects for the next year are gloomy, and recession is looming, though less deep than two years ago. This is only...
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The Rural Development Ministry initates the taxation of jams and syrups with low fruit content
Date: 2011-10-11 16:00:56
The Rural Development Ministry initates the taxation of jams and syrups with low fruit content and is confident that one of the useful yield of the charges for public health...
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Bonduelle sees a significant growth in revenue
Date: 2011-10-11 12:35:54
Following of the stagnation of the past two years, Bonduelle Central Europe Ltd. is finally facing a revenue of 25 billion HUF which means a 20-25 percent increase in the...
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KSH: Inflation unchanged in September
Date: 2011-10-11 12:27:26
In September, consumer prices fell by 0.1 percent and were 3.6 percent higher than a year earlier – reported the Central Statistical Office (KSH) Tuesday. The dataa are completely consistent...
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Men lead in online shopping
Date: 2011-10-11 12:26:38
In Europe, two of every five people (40) buy online, and now instead of women men play the main role in Internet purchasing – shows the groundbreaking new exploration of...
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The LMP withdrew the mall stop proposal
Date: 2011-10-11 12:26:12
The LMP withdrew the mall stop proposal , so now the Fidesz will have to submit the idea of LMP to the parliament under their name, if they still want...
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Kopint-Tárki: The tax burden on low wages holds back growth
Date: 2011-10-11 12:26:02
The dramatic tax burden on low wage earners can hold back Hungary's growth prospects the most – said Palócz Éva, CEO of Kopint-Tárki CEO in the InfoRádió. The company has...
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The “one sow – one house” program hardly constitute raw material for large-scale meat processors
Date: 2011-10-11 12:25:27
Experts expect persistently high or rising pork prices, which theoretically can increase the domestic livestock, that has been shrinking for years. However, the “one sow – a house” program, if...
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Consumer Protection: within two years, the EU Directive should be transposed into the national law
Date: 2011-10-11 12:23:52
The EU Member States have two years to transpose the legislation of the consumer contractual rights, since the European Council adopted them on October 10 and will publicly announce it...
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Deloitte warns the tax risks of marketing campaigns
Date: 2011-10-11 12:19:31
Many consumer goods, manufacturing and marketing enterprises apply marketing campaigns and various promotions in order to encourage purchases, but these actions contain significant tax risks, because there is still no...
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Georgian wine and mineral water may return to the Russian store shelves
Date: 2011-10-11 12:00:26
Georgian wine and mineral water may soon return to the Russian store shelves, that were banned in Russia, after the relations deteriorated in 2006, saying that these products contain heavy...
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Magazine: Frequent promotions and developing brands characterise the olive oil market
Date: 2011-10-11 11:06:25
Olive oils’ main season is the summer; still they also managed to produce a 5-pecent sales growth in a 12-month perspective. Petra Kovács, trade marketing manager with Bunge Zrt. (Floriol’s...
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National Wine Tasting in Markaz
Date: 2011-10-11 10:20:06
From the 1st of October, 17 billion HUF is available for vineyard planting and for Hungarian wine marketing an annual 900 million HUF will be given by the state –...
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ANUGA: prices going up, food safety is a key term
Date: 2011-10-10 14:06:56
As part of Anuga's supporting programme, the Federal Association of the German Retail Grocery Trade (BVL) will conduct a seminar called “Sustainable Saltwater Fish and Environmentally Compatible Aquaculture”. The seminar...
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Open debate about frozen meat by the Ministry of Rural Development
Date: 2011-10-10 13:40:36
The Ministry of Rural Development (VM) is opening a debate on the facilities of the usage of frozen meat. Professional circles discuss over and over again the legislative requirements that...
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Four million forint fine for Tesco
Date: 2011-10-10 13:33:54
Tesco Global Zrt was fined by the Pest County Consumer Protection Board: a sum of 4 million HUF must be paid for failing to appropriately indicate the prices of tobacco...
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KSH: Foreign trade turnover improved in August
Date: 2011-10-10 13:10:44
After the decrease in the exports and imports value of June and July, the August foreign trade turnover has shown a strong growth – announced the Central Statistical Office (KSH)...
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50 years old Auchan plants trees all across the country
Date: 2011-10-10 12:56:30
On the occasion of the Auchan Group's 50th anniversary 12 Hungarian Auchan stores planted a total of 600 native trees across the country for the benefit of nature and the...
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KSH: the growth rate of agricultural prices will moderate
Date: 2011-10-10 12:55:17
The agricultural producer price level in August 2011, was 12.4 percent higher than a year ago. The price of plant products and live animals and animal product prices increased by...
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FAO: we can expect big fluctuations in food prices
Date: 2011-10-10 12:40:31
According to the forecast of the UN Food and Agriculture Organization (FAO); even larger fluctuations are expected in food prices in the forthcoming years. The typically high prices remain and...
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The Mobil Tárca Association has been formed
Date: 2011-10-10 12:38:19
The Magyar Telekom, the Telenor, the Vodafone, the MasterCard, the OTP Bank and the SuperShop have formed the Mobil Tárca Association. Their aim to introduce the mobile NFC (near field...
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The Trade Union of Meat Industry Workers warns for field loss meat of meat factories
Date: 2011-10-10 12:25:41
The further field loss of the meat plants with larger production capacity may result in significant job losses, and can affect the consumers badly – states the Trade Union of...
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Magazine: to what extent promotions influence where we go shopping?
Date: 2011-10-10 12:00:01
There is a constant and robust growth in the advertising activity of fresh meat and fruit-vegetable products in the leaflets of nationwide retail chains. While in 2009 6,667 ads appeared,...
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