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Mountain villages: two million hectoliters of wine is expected this year
Date: 2012-08-31 12:08:04
Around two million hectoliters of wine production is expected this year in Hungary, compared to the 2.5 million hectoliters of the past year – said Horváth Csaba, Secretary-General of the...
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German retail sales decreased
Date: 2012-08-31 11:00:31
Contrary to the expectations of the retail sales fell in July in Germany. According to the figures, published by the statistics office, In July the Germans bought 0.9 percent less...
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Tokaj and Sonoma will be sister towns in memory of the Hungarian founder of the Californian winery
Date: 2012-08-31 10:55:45
The sister town agreement was signed by Joanne Bouldt Sanders mayor of Sonoma City and by Májer János mayor of Tokaj. Tokaj and Sonoma established sister town relationship on the...
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Buy a camera on Monday, go to restaurant on Tuesday
Date: 2012-08-31 10:22:15
Everything has its own time, in fact its own days: one can buy cameras on Mondays for the least money, Tuesday is the cheapest day in restaurant – states the...
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Coffee can protect from intestinal cancer
Date: 2012-08-31 10:15:48
Coffee consumption can reduce the risk of intestinal cancer by 15-25 percent of – quotes The Daily Telegraph newspaper, referring to the datas of U.S. researchers. A study of almost...
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Biofuels lead to a new kind of foodcrisis?
Date: 2012-08-31 08:41:27
The role of biofuel policies in the food-price hikes has become particularly controversial. The rapid increase in demand for and production of biofuels, particularly bioethanol from maize and sugarcane, has...
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Commission welcomes plans to improve situation for people who bought property on Spanish coast
Date: 2012-08-31 08:38:18
European Commission Vice-President Viviane Reding, the EU's Justice Commissioner, welcomed an announcement by Spain that that it intends to improve legal certainty for property owners along the Spanish coast which...
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Grain harvest may be less than expected
Date: 2012-08-31 08:10:48
Russia’s two largest market research institutes significantly impaired this year's Russian wheat and cereal harvest forecasts on Monday. The SovEcon impaired its forecast of grain harvest from 70 – 74...
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Moody's: Euro-area crisis still poses greatest risk to global outlook
Date: 2012-08-30 14:12:21
The global economic recovery is at risk of faltering due to the euro-zone debt crisis, Moody's Investors Service Inc. said in its latest macro-economic risk report. The rating company said...
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Competition Authority initated proceeding in melon case
Date: 2012-08-30 12:00:00
The Hungarian Competition Authority (GVH) initated proceedings against a number of domestic commercial chains, because they assume that they violated the prohibition of restrictive agreements in case of watermelon sales...
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MVH: support to create agricultural producer groups
Date: 2012-08-30 11:58:58
The Agricultural and Rural Development Agency (MVH) starts the payment in the coming weeks for the support of about 568 million HUF in the scope of the establishment and operation...
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Economic sentiment further deteriorated in the euro zone
Date: 2012-08-30 11:56:24
The business and consumer sentiment in the euro zone was worse-than-expected and decreased in August, – shows the datas of the European Commission, released on Thursday. This is the fifth...
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Less selling places and significant price increase are waiting for the smokers
Date: 2012-08-30 11:50:46
Nearly 35 thousand tobacco outlets can disappear in Hungary next year, while smokers can buy cigarettes in the remaining four to five thousand tobacco shops on higher prices. The average...
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OTP: the expenses of Hungarian households are very high
Date: 2012-08-30 11:30:51
An average Hungarian family spends an annual 420-600 thousand HUF for overhead – shows the recent survey of OTP. The survey found that 55 percent of families pay 25-50 percent...
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IBM forecasts better months for merchants
Date: 2012-08-30 10:41:05
Sales of home furnishings in the U.S. are expected to shoot higher in the second quarter, with in-store sales increasing nearly 8 percent to $23.222 billion and online sales increasing...
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Fruits at the price of gold
Date: 2012-08-29 22:45:02
Data from the latest report of the Agricultural Economics Research Institute (AKI) reveals that at the Budapest Wholesale Market domestic pepper was sold at a higher price than last year....
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The government decided to help the farmers
Date: 2012-08-29 14:17:56
The government decided on the mitigation of drought damages on Wednesday's meeting, especially about the solving of the feed market troubles and about the curing of the situation of the...
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Worsening food shortage can force the human race to vegetarian diets
Date: 2012-08-29 12:20:22
The human race has to face radical changes, due to the escalating food supply problems. Among other things, the 9 billion world population (expected for 2050) has to change its...
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The multinationals can come: Hungarian webshops do not feel threatened
Date: 2012-08-29 12:11:28
Three-quarters of the webshops would develop their businesses further with the enlargement of the product range, and only one-third of them seeing a greater risk in the appearance of foreign...
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The start of the school costs tens of thousands HUF to the families
Date: 2012-08-29 12:00:29
Less than one week left from vacation: On the 3rd of September, about 1.3 million students will start the school year. The start of the school costs tens of thousands...
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The special segment keeps strengthening
Date: 2012-08-28 23:44:08
From 100 Hungarians only 9-10 can say that they have no teeth problems. It is especially people above the age of 35 who suffer from bleeding gum or dental plaque...
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Partner In Pet Food: new investment, new products
Date: 2012-08-28 23:38:46
Partner In Pet Food’s dry dog food production facility completed a major investment this spring, as a result of which the plant has become capable of manufacturing soft bits too....
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The wet segment is gaining ground on the pet food market
Date: 2012-08-28 23:34:23
After the contraction of both value and volume sales in 2011, the pet food category (including both pre-packaged and those bought in bulk) kept shrinking in 2012. Last year’s decline...
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The rebirth of Pölöskei syrup
Date: 2012-08-28 23:26:25
Three years ago Pölöskei Syrup Kft., a stable player on the market changed ownership, but unlike many other manufacturers, after a swift and flexible restructuring it remained a Hungarian enterprise....
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The level of inflation was 5.6 percent in June
Date: 2012-08-28 22:50:53
In June consumer prices were 5.6 percent higher than a year before. Compared with May 2012, prices only elevated by 0.1 percent and food prices were down 0.1 percent. In...
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Differentiated VAT cut proposal in agriculture
Date: 2012-08-28 13:20:22
The proposals of the Poultry, Meat, and Dairy Marketing Boards to reduce Value Added Tax (VAT) on general basic food items were sent to the MTI on Monday. The Marketing...
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Nielsen: 54 percent of the domestic consumers are planning to purchase online
Date: 2012-08-28 12:59:57
The proportion of consumers increased by one-third over two years in Hungary to 8 percent, are planning to buy food and drinks online during the next six months. 46 percent...
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Retail: Focus on Cash Logistics
Date: 2012-08-28 12:13:52
The period of nylon bag delivery has expired: more and more retail units are turning to the direction of skilled providers, seeking for quality and safety cash logistics solutions, recognizing...
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FUSIONS project examines the entire food chain
Date: 2012-08-28 11:20:41
Up to now there has been insufficient specific data on food wastage in Europe both on a national as well as international level. Although the players in the food sector...
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Analysts: positive changes in the labor market situation
Date: 2012-08-28 10:59:01
According to the analysts of TakarékBank and ING, labor market situation changed favorably in May-July. However, they believe that unimployment rate can be close to 11 percent for the end...
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