Company and Personal News

Nielsen receives Business Superbrand Award

Market research company Nielsen was awarded a Business Superbrands award by Superbrands this year. “It is a very valuable feedback about the brand Nielsen. We appreciate the decision of the...

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More support for the restructuring of vineyards

Farmers receive about 12 billion forints in the next two years, for the restructuring of vineyards – the Ministry of Rural Development (VM) has informed MTI. For community-financed program for...

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Fruit prices go up in Slovakia

According to initital estimates, high-quality fruit will get 10-30 percent more expensive in Slovakia – daily Új Szó from Bratislava pointed out this week. Apple-crop is expected to be about...

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Hungary's competitiveness improved four places

Hungary stands on the 48th place from last year's 52nd place in the global competitiveness ranking of the World Economic Forum (WEF) in 2011 – announced Palócz Éva, CEO of...

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Industrial production growth may be six percent this year

Both the external and internal demand fell, so the industrial production increase in July was better than expected, but analysts polled by MTI expect a 6 percent annual growth. In...

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One sow per one small farm

The government's pork sector strategy is based on the doubling of the pig population. The first step of the strategy is to increase the domestic pig stocks with 800 thousand...

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Visa: The driving back of cash use would help the fight against underground economy

According to the study of Visa Europe; the size of the European shadow economy can be 2,100 billion euros, which is an average 20 percent of the GDP in the...

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The European Court of Justice protects the GM-free honey

The European Court of Justice on Tuesday strenghtened the right of the beekeepers and consumers to GM-polluted free honey. The Court decided that for the distribution of honey containing pollution...

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University classrooms sponsored by Tesco in Pécs

On Monday afternoon, the newly furnished classroom of the Faculty of Economics of the University of Pécs was handed over. The Tesco Stores Ltd. has become the sponsor of the...

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NIVEA supports children in need

NIVEA, celebrating its 100th birthday, has always been fond of family values – Thomas Lichtblau, CEO of Beiersdorf Ltd. pointed out within the compass of a press conference on 7th...

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SPAR and Budavári Wine Festival are celebrating their 20th birthday

Budavári Wine Festival is celebrating its 20th anniversary, just like its main sponsor SPAR. The festival has opened its gates on 7th to 11th September, with 200 exhibitors....

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Magazine: A supermarket chain sits on top of the retail ranking

With its 47-million inhabitants, Spain’s population is the fifth highest in Europe. Although the economy showed signs of improvement after the recession, the level of unemployment was still above 20...

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Home pálinka distillation: the rented distilerries are the winners

From September 2010 it is legal to produce a small amount of pálinka at home. The idea of the Fidesz received plenty of professional and political criticism. The associations and...

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Coca-Cola sport festival was a success

Thousand visitors took part in the 13th Coca-Cola Body Awakening sport program for women. The event was organized at Millenáris Park, where a number of sports could be tested free...

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Vegetables already stepped on the brake

In June 2011 the average consumer price dropped by 0.2 percent from the previous month; compared with June 2010 it was up 3.5 percent. The pensioner consumer price index was...

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May growth creates new hope

In May 2011 the volume of retail expanded by 0.7 percent – reports KSH. Domestic retail network and mail order companies generated sales of HUF 646 billion in May. 45...

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Wages increased moderately

2,667,000 people were employed at enterprises employing a minimum of 5 people, at budgetary institutions and at observed non-profit organisations in January-May 2011. In the same period gross average wages...

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Inflation in Hungary: higher then the EU average

In May 2011 consumer prices were 3.2 percent higher on average in the EU-27, compared to prices in May 2010. After the 2.8 percent in April, in May the rate...

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Prices in the food industry climbed 10 percent

Domestic sales prices in the food industry were up 0.3 percent from the previous month in May 2011 and if we compare them with May 2010 we can see a...

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Everything will be mixed

Liefmans cherry beer is also used for making low-alcohol cocktails. It has a special flavour in itself, but with the addition of orange juice and whisky or white rum and...

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They take care of our drinks

Drinking is one of the most important things in life, so food/drink manufacturers and bar/restaurant owners must make safe thirst quenchers. A basic requirement of this is targeted product inspection...

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Alcohol and tobacco excise tax will increase

The government insists on reducing the state debt – said Prime Minister Orbán Viktor after the cabinet meeting held in Lovasberény. Matolcsy György Economy Minister told that the excise duties...

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The MSSZ worries for the Hungarian pig sector

The Hungarian pig Association (MSSZ) continues its demonstration in the autumn, if substantive sector decisions will not be made – told Sákán Antal, president in the organization's communication. According to...

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During the summer, the purchasing price of eggs increased significantly in the EU

According to the report of the European Commission; the purchasing price of eggs increased significantly in July and inAugust. The current EU average price is 117 euros per one hundred...

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Eating insects against food shortages?

Brussels experts believe that eating insects could solve the food shortage in an environmentally friendly way. The meat of beetles, worms and other reptiles is low in fat and cholesterol....

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The Ministry of Rural Development would increase the public burden of the quality of drinks

The rural development minister would increase significantly the excise taxe on counterfeit drinks and pálinka imitations. According to Fazekas Sándor, the market would be cleaner if they would raise up...

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Heineken's sustainability report is out

In April 2010, Heineken proudly unveiled Brewing a Better Future, their comprehensive and integrated sustainability strategy for the next decade. It increases the scope and scale of our work on...

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Shell announcement

At 07.00 BST (08.00 CEST and 02.00 EDT) on Thursday 28 July, 2011 Royal Dutch Shell plc released its second quarter and half year 2011 results and second quarter interim...

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GMO-tainted croplands and compensations

The government is about to offer farmers compensation of HUF 360 000 per hectare for GMO-tainted cropland, the Ministry of Rural Development informed MTI. The ministry pointed out that the...

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New recipe kiosk by Cora opened

A new recipe-kiosk, commensurate with the needs of Cora was opened last week in Budakalász. The softver had been developed by Szintézis, in close co-operation with GourmeTool, and has a...

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