Company and Personal News

Tokaji wineries were debuted in Russia

Eight Tokaji wineries were presented themselves in Moscow on Thursday. The audience of the event was mainly consisted of Moscow-based Russian wholesale chains, and the largest buyers, but many representatives...

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Retail sales of the EU and the euro area increased in May

In May, retail sales increased in both in the 17-member euro zone and in the 27-member EU – the European Union's statistical office the Eurostat announced on Wednesday. In May,...

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Corn prices increase in the heat

Due to the hot days, maize and sunflower have significantly deteriorated in recent days. The assessment of damages has already started. The great drought and the almost African heat destroyed...

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Bonduelle signed a 300 million euros revolving credit facility

Bonduelle took up revolving credit in a value of 300 million euros to refinance the Kelet Food  and the other two canning factories, that were bought at the beginning of...

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Bónusz Brigád is the market leader

The dynamic growth of Bónusz Brigád has continued. The Hungarian owned company, closed the first five months of the year at a market leading position. The fact of the market...

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More than half a billion claim againts the Four Paws

Hungerit Zrt. claims a 553 million HUF compensation from the For Paws animal welfare organization. The legal representative of the claimant Hungerit Zrt. has changed the lawsuit against the Four...

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Sommelier as the hero of a comic

The first wine manga, entitled “Tears of the Gods” was created by Shin and Yuko Kibayashi – informs the Borkultusz. Its main character, Shizuku Kanzaki is a sommelier, who has...

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The world's most expensive peaches were stolen in China

Three men stole invaluable peaches from a state research farm in China. Scientists have worked for 13 years, crossing different varieties to refine the perfect peach. Three villagers – presumably...

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The unity brought 73 million HUF savings

In the past four years, the Hungarian Association of Logistic Service Centers (MLSZKSZ) has achieved 73 million HUF worth cost savings on common energy procurement tenders for its member companies:...

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Factory working for dm drogerie markt on Facebook-project

Dm has launched a special tender to find the proper agency in charge of the company's Facebook-page, to find that the best one was Factory Creative Studio. Dm invited ten...

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Global retail chains are expanding in the largest developing countries

The largest developing countries, especially the BRIC group (Brazil, Russia, India and China) remain the most attractive expanding destinations for the global retail networks, while Hungary is not among the...

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GfK: Consumer confidence improved slightly

Consumer confidence improved slightly in Hungary in the second quarter, compared to the previous quarter, but still not reached the level of of 2011 or 2010 – shows the latest...

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Hungary can get about 1,300 million euros from the CAP per year

An all-day conference is being held at the Ministry of Rural Development about the reforms of the CAP, namely the Common Agricultural Policy. In 2014 a new, seven-year budget period...

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Foreign trade turnover is on last year's level

In the first four months of 2012, the volume of exports was 0.7 percent higher than in the same period of the last year, while the volume of imports decreased...

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VM: the number of payable administrative service fees will decrease

The system of administrative service fees will become more transparent, more consistent and more simplified The number of payable administrative service fees will decrease to 900 from 2500 in August...

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Kupon Világ became a market leader

Based on the sales figures of the site, the Kupon Világ reached a more than 1.3 billion HUF revenues in its first full financial year. Most of the revenue comes...

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SPAR wine-competition within the compass of VinAgora

This was the first year SPAR Hungary has launched its exclusive wine-competition within the compass of the highly prestigeous VinAgora, As a result, nearly 300 wines of 130 wineries will...

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Retail transaction tax can take tens of billions

The transaction tax can take approximately the same amount in retail that the crisis tax did. The crisis tax will be eliminated this year. Although the Orbán-Cabinet has kept its...

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Eastern opening with the organization of the trading houses

Domestic and foreign banks would be in the organization of the trading houses, that would improve the development of the Eastern economic relations; the Eximbank would be the partner on...

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VM: the government supports the strengthening of producer organizations

EU's new Common Agricultural Policy and the National Rural Strategy both encourage the strengthening of  producers' cooperations and cooperatives. The VM (Ministry of Rural Development) increased the national support for...

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Nestlé spends more and more at domestic suppliers

Every year, nearly 2,000 domestic small and medium-sized enterprises (SMEs) deliver goods or provide services to the Nestlé Hungária Kft.. Nearly 85 percent of the company's external suppliers are Hungarians....

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The success of agriculture is mainly affected by the availability of EU funds

“This year’s outlooks for the Hungarian agriculture will seem to be good this year, similar to last Year’s performance. On the basis of our survey, carried out among domestic SMEs...

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Hungaria champagne received a new image

The Carbon Group Communications, the strategic brand agency of Hungaria Pezsgőpincészet (Hungaria Champagne Cellars) has started a major image update during the spring, to bring a new look to the...

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ADNS against counterfeiting

It is estimated that approximately 10 percent of the Hungarian trade turnover comes from counterfeiting, which means several hundred billion HUF loss of revenues for the budget. The damage caused...

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Bona Farm: solely Hungarian meat is used for wintersalami

Pick fulfills the inherent requirements in connection with hungaricums, so solely Hungarian meat is used for wintersalami – told Csányi Attila, CEO of  Bonafarm Zrt. to HVG.hu. According to Csányi...

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HUNGERIT Zrt. won the “Oscar award of packaging” again

The HUNGERIT Zrt. won the largest international packaging award, the World Star Packaging Award again in 2011, this time the packaging of the Valdor Mini products won the award. The...

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The sales of food-stores increased by 6 percent in value, declined by 1 percent in quantity

Food retail sales rose by 6 percent in value and decreased by 1 percent in quantity in the last six months, between December 2011 and May 2012, compared to the...

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The weak forint mitigated the decline of pork exports

Most of the pigs were transported to Slovakia and Romania in this year's first quarter. The report of the Central Statistical Office (KSH) shows that 17 percent more Hungarian pigs...

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We stand an average six minutes in queues

The members of the Mystery Shopping Providers Association (MSPA) conducted a Europe-wide survey about the queuing habits of the different countries. On the basis of the results of the research,...

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More and more farmers' market in the country

The number of farmers' markets is growing from week to week in Hungary, because the government simplified the opening of these kind of stores. One only need to notify the...

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