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The IMF changed its world economic growth forecast
Date: 2012-01-19 12:56:21

The International Monetary Fund (IMF) has reduced this year and next year's world economic growth forecast referring to the negative effects of the eurozone’s debt crisis,. According to the IMF...

Malt production stopped in Nagykanizsa
Date: 2012-01-19 12:55:57

Malt production has stopped in Nagykanizsa on the ruins of the Kanizsa Brewery ruins – writes the Zalai Hírlap. Three years ago the representatives of the Fidesz were talking about...

A Pálinka distilerry will be established in Somlóvásárhely
Date: 2012-01-19 12:32:34

A Pálinka distilerry will be established in Somlóvásárhely with a nearly 800 million HUF investment. The facility is scheduled to be handed over in May this year – informed the...

Magazine: Average price was up five percent
Date: 2012-01-19 11:53:22

The chaotic economic environment made European consumers more reserved. In the third quarter less food and household chemicals and cosmetics were sold in Hungary and in other 12 developed European...

Email Print JPMorgan Chase reports fourth-quarter 2011 earnings
Date: 2012-01-19 10:06:47

JPMorgan Chase reported net income of $3.7 billion for the fourth quarter of 2011, compared with $4.8 billion for the fourth quarter of 2010. Earnings per share were $0.90 for...

Corruption in public procurement and in general in Hungary
Date: 2012-01-18 14:22:20

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,...

Hungarikum-law in order to protect national values
Date: 2012-01-18 13:01:41

The Government since its establishment gives priority to protecting Hungarian values. The Hungarikum Act adopted by the Government also serves this goal – said Giró-Szász András government spokesman at a...

The price of sugar can increases further this year
Date: 2012-01-18 12:30:29

The price of sugar spectacularly increased last year, the trend could continue this year. Experts in Somogy county predict 10 to 15 percent increase for 2012. Temporary supply difficulties, capped...

Improved business sentiment in Germany
Date: 2012-01-18 12:10:50

According to the Tuesday published datas of the ZEW economic research institute; business sentiment in Germany has improved in January. After a steady decline, the next half-year forward-looking expectations index...

The Competition Authority fined consumer groups
Date: 2012-01-18 12:10:30

The Competition Authority fined three consumers groups for a total of six million forints for providing misleading informations to consumers – the GVH announced on Wednesday. The competition authority fined...

2012: a new chance for family businesses
Date: 2012-01-18 11:21:34

As the seasons change and family business leaders measure and evaluate 2011 against what lies ahead, it is natural for them to want more and better information. The economy seems...

Support for goat keepers
Date: 2012-01-17 12:10:15

The Magyar Agrárkamara (Hungarian Chamber of Agriculture) grants support to the she-goat keepers. The amount of the support is 3,000 HUF per goat. The applications should be sent by mail...

Magazine: Non-food: manufacturer brands became more muscular
Date: 2012-01-17 12:04:39

We can observe different trends in the retail sales of individual household chemical and cosmetics categories. For instance, from the 60 categories audited by Nielsen, body lotion and toilet cleaner...

The Chinese-Hungarian Business Council was etablished
Date: 2012-01-17 11:14:25

The Chinese-Hungarian Business Council(KÜIT) held its inaugural meeting in Budapest on Tuesday. The council’s Hungarian co-chairman is Csányi Sándor, the co-chairman of and the president and CEO of OTP Bank,...

More and more elderly connect to the Internet
Date: 2012-01-17 10:09:46

According to the survey of NRC market research; nearly 4.5 million people are using internet in Hungary – showed the recent. Among the young people it isalmost no place to...

IMF: economic activity weakens worldwide
Date: 2012-01-16 13:44:38

The European perspectives are mournful, the risks affecting Europe and the world economy are high – said David Lipton, Deputy Chief Executive Officer of the International Monetary Fund (IMF) in...

Successful year for the Hungarian agriculture
Date: 2012-01-16 12:58:48

The Hungarian agriculture closed its most successful year since the EU accession – said Fazekas Sándor, Rural Development Minister. The sector’s performance increased by an about 20 percent in 2011,...

The majority of the new jobs are created by SMEs in the EU
Date: 2012-01-16 12:58:04

Between the 2002 and 2010 period, 85 percent of the new jobs were created by small and medium-sized enterprises (SMEs) in the European Union – told the European Commission on...

Darányi Plan: Hungary is an agricultural country originally
Date: 2012-01-16 12:50:30

Hungary “against all contrary opinions,” is an agricultural country originally – said Orbán Viktor, Prime Minister on Monday at the presentation of the Darányi Ignác Plan. According to Orbán Viktor;...

Fazekas Sándor: wineries can apply for plantation renewal and for technology
Date: 2012-01-16 12:40:03

The wineries can apply for plantation modernization and technology improvements in 2012. Currently there are no available sources for investments – said Fazekas Sándor, Rural Development Minister in Szekszárd to...

GMO maize utilized as animal feed
Date: 2012-01-16 12:20:10

According to Világgazdaság Online; the maize identified during the summer as GMO maize, is used as animal feed. 5 percent of the nearly five thousand acres of crops is matured,...

Ukrainian grain harvest may be smaller by one-fifth this year
Date: 2012-01-16 12:10:02

Compared to last year, an about 22 percent decrease in the amount of grain may occur this year in Ukraine, especially due to the extreme drought, during the the autumn...

FAO expects a decrease in food prices
Date: 2012-01-13 14:30:49

According to the UN Food and Agriculture Organization; the decline of the global food prices began late last year is expected to continue – writes MTI. The FAO analysts expect...

Last year, the value of retail investments in Europe exceeded 28 billion euros
Date: 2012-01-13 13:10:11

Despite the continuous uncertain economic environment retail investment in Europe closed with strong profit in 2011, despite – shows the survey of Jones Lang LaSalle. The preliminary datas show that...

Last year's costs may also factor this year's bread price increases
Date: 2012-01-13 13:00:48

Because of the weakening forint and the rising energy costs a continuous increase is expected in the price of bread and bakery products – told Werli József, Secretary General of...

Big Mac index: the Swiss franc is the most overvalued currency in the world
Date: 2012-01-13 12:50:02

he forint is one of the most undervalued, but the Swiss franc is the most overvalued currency in the world – on the basis of Economist’s latest Big Mac index....

Colza hit by autumn drought
Date: 2012-01-13 12:18:05

The drought autumn affected the Colza badly in Békés county; crop will be so much worse than last year. The secretary of the Békés County Agricultural Association told to MTI,...

Magazine: Retail has no choice but to keep going forward
Date: 2012-01-13 11:50:43

Laurel organised their two-day Retail 2011 conference in Siófok, where the company’s owner-managing director István Bessenyei highlighted in his keynote speech that the appearance of smartphones has a strong influence...

Tamás Fellegi’s forward-looking talks in Washington
Date: 2012-01-13 11:16:33

Minister without portfolio for negotiations between Hungary and certain international financial organisations Tamás Fellegi had informal consultations with the International Monetary Fund (IMF) in Washington between 9-12 January 2012 to...

The Export Imperative: Business Survey on Foreign Expansion
Date: 2012-01-12 14:12:48

Companies are concerned about ‘place’ and ‘people’ when contemplating foreign expansion. Foreign workspace has to be flexible with only very short-term commitments. Opinion is divided over whether foreign operations should...

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The IMF changed its world economic growth forecast Date: 2012-01-19 12:56:21

Malt production stopped in Nagykanizsa Date: 2012-01-19 12:55:57

A Pálinka distilerry will be established in Somlóvásárhely Date: 2012-01-19 12:32:34

Magazine: Average price was up five percent Date: 2012-01-19 11:53:22

Email Print JPMorgan Chase reports fourth-quarter 2011 earnings Date: 2012-01-19 10:06:47

Corruption in public procurement and in general in Hungary Date: 2012-01-18 14:22:20

Hungarikum-law in order to protect national values Date: 2012-01-18 13:01:41

The price of sugar can increases further this year Date: 2012-01-18 12:30:29

Improved business sentiment in Germany Date: 2012-01-18 12:10:50

The Competition Authority fined consumer groups Date: 2012-01-18 12:10:30

2012: a new chance for family businesses Date: 2012-01-18 11:21:34

Support for goat keepers Date: 2012-01-17 12:10:15

Magazine: Non-food: manufacturer brands became more muscular Date: 2012-01-17 12:04:39

The Chinese-Hungarian Business Council was etablished Date: 2012-01-17 11:14:25

More and more elderly connect to the Internet Date: 2012-01-17 10:09:46

IMF: economic activity weakens worldwide Date: 2012-01-16 13:44:38

Successful year for the Hungarian agriculture Date: 2012-01-16 12:58:48

The majority of the new jobs are created by SMEs in the EU Date: 2012-01-16 12:58:04

Darányi Plan: Hungary is an agricultural country originally Date: 2012-01-16 12:50:30

Fazekas Sándor: wineries can apply for plantation renewal and for technology Date: 2012-01-16 12:40:03

GMO maize utilized as animal feed Date: 2012-01-16 12:20:10

Ukrainian grain harvest may be smaller by one-fifth this year Date: 2012-01-16 12:10:02

FAO expects a decrease in food prices Date: 2012-01-13 14:30:49

Last year, the value of retail investments in Europe exceeded 28 billion euros Date: 2012-01-13 13:10:11

Last year's costs may also factor this year's bread price increases Date: 2012-01-13 13:00:48

Big Mac index: the Swiss franc is the most overvalued currency in the world Date: 2012-01-13 12:50:02

Colza hit by autumn drought Date: 2012-01-13 12:18:05

Magazine: Retail has no choice but to keep going forward Date: 2012-01-13 11:50:43

Tamás Fellegi’s forward-looking talks in Washington Date: 2012-01-13 11:16:33

The Export Imperative: Business Survey on Foreign Expansion Date: 2012-01-12 14:12:48