Company and Personal News

German retailers expect an increase in turnover this year

The purchasing sentiment of the population improves the retail sales further in Germany. After a 1.5 percent growth in turnover, the German retail sector this year can expect 420.6 billion...

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Have a beer for your team – a successful campaign by Borsodi

As a part of the Sportsperson of the Year, you are invited to vote for the Sportcampaign of the year, too. The campaign launched by Borsodi, called “Have a beer...

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The Béla winery’s new wine house in Imrehegy

A new wine house was inaugurated in Imrehegy, in a settlement in the Kiskunság. The Béla winery that has 70-acres of vineyard built in a modern facility from more than...

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Every third youngster would work abroad

Only three percent of young people in Hungary have worked abroad, but more than third willing to work outside the borders for higher income and living standards shows the national...

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Used Car Industry Poised for Growth in 2012

The used car industry had a good 2011 and it's looking to have an even better 2012 based on predictions by an industry expert who sees strong sales numbers continuing...

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Schwarzkopf Professional international hairdresser education in Budapest

Schwarzkopf Professional, the hair styling specialist within the Cosmetics/Toiletries business area of Henkel, has chosen a high-end location for its offices and hair styling academy that matches its trendy style....

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Magazine: Praline buying is characterised by both brand loyalty and economising

Among sweets pralines represent the highest price category, consequently sales have been declining ever since the economic crisis commenced in 2008. However, this contraction slowed down recently and the last...

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Wine producers are forced to raise prices

Wine producers were forced to carry out double-digit price increases this year, due to the wine’s purchase price increase and due to the growth of production costs – told Varga...

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Orchards to be listed

Orchards will be listed in Hungary this year, if the Parliament adopts the amendment of the 2006 law. The bill was uploaded to the website of the Parliament on Monday....

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Hungarian beekeepers to apply for 1.2 billion HUF EU funds

Until 2013 beekeepers can apply for1.2 billion HUF EU funding in the scope of the Hungarian National Apiculture Programme. According to the Rural Development Ministry; the high, 90-95 percent utilization...

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Will the government save the meat plant of Gyula?

Lázár János Fidesz group leader lobbied in written questions at  Prime Minister Orbán Viktor for the saving of the Gyulai Húskombinát Inc. – writes Népszabadaság Online. The mayor of Hódmezővásárhely...

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The Igal-based Pek-Snack Kft. develops

The Pek-Snack Kft. of Igal, Somogy County implements a 147 million HUF EU-funded investment until March. The company is willing to expand of itscapacity and markets – told Galántai János,...

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Hungarians are saving for holiday

We tend to believe that saving money is a necessary part of life, and most of us are consciously looking for possibilities to save money – a new survey by...

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New agricultural books are needed

The brand new Darányi Ignácz Plan, within the compass of the National Rural Strategy, believes that an important basis of modern agriculture is tradebook – minister in charge of rural...

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Vodka and gin: higher sales in terms of both value and volume

Total annual retail sales in the nine spirits categories measured by Nielsen reached the value of HUF 66 billion in the August 2010-September 2011 period. Only vodka and gin sales...

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Less but higher quality alcoholic drinks are sold

Alcoholic beverages constitute a special market in Hungary as spirits, wines and beers have a one-third share of the market each. Wine consumption has declined recently and the annual average...

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Good market position for chocolate

According to the Nielsen Retail Index, total value sales of the three chocolate segments increased by 3 percent in the December 2010-September 2011 period, compared with the same period a...

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Market expansion and strengthening manufacturer brands

2 percent higher value sales and 1 percent more sold in terms of volume in December 2010-September 2011 – this is how the meat product market developed according to the...

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Food Club Workshop was launched

Food Club Foundation was established this year and its undertaking is to analyse the state of play in the Hungarian food sector and the chances for increasing its competitiveness. The...

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New taxes on food products reduce competitive chances

It is too early to predict the consequences of the public health product fee (NETA) – we heard at the food processing conference recently held in the German and Hungarian...

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Stress management guide

We are living turbulent times: companies are leaving the country, employees are laid off and there are restructuring processes under way everywhere. This lack of stability puts great pressure on...

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The GKI improved this year's GDP expectations

Despite the previously projected 1.5 percent decrease the GKI Gazdaságkutató Zrt.expects a one percent decrease in 2012. The economic research points out in its evaluation sent to MTI that the...

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Magazine: The year of recognitions – interview

2011 was the year of professional recognitions for Coop Group. We discussed last year’s results and the outlook for 2012 with Co-op Hungary CEO László Murányi. • – How do...

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Grant increased to 10 million from the former 4 million HUF on the most popular competition of the New Széchenyi Plan

On the New Széchenyi Plan’s (ÚSZT) “Micro-enterprise development” competition the amount of support increased more than twofold, from 4 to 10 million HUF. The discount credit beside the support can...

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Credit card payment is more and more popular

According to the most recent survey of MasterCard; the improving trend of the popularity of credit card payment in Hungary continued in 2011: an 8 percent increase occurred among those...

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Figula Mihály: “Hungarian wine is more than a food product”

Figula Mihály Jr. from Balatonfüred became the Young Hungarian Winemaker of the Year, on the basis of the votes of the audience, sharing the title with Bodri Orsolya. Figula Mihály...

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U.S. consumer optimism spins the world's largest economy

In January, consumer sentiment continued to improve higher than the expectations of the  analysts in the United States. The joint monthly sentiment index of Reuters news agency and the University...

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HITA, intellectual property office partner supportS SMEs

The Hungarian Investment and Trade Agency (HITA) and the National Office of Intellectual Property (SZTNH) have signed a cooperation agreement in the interest of improving the competitiveness and innovative activities...

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Auchan’s website renewed

The website of Auchan Magyarország Kft. renewed again. The products can be searched on the basis of stores, the campaign news page also popular, and the special offers and news...

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One Lidl store opening in Gödöllő instead of two

One Lidl-store is going to open its gates in Gödöllő instead of the previously planned two outlets. The reason behind this is the fact that the company has not received...

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