Csányi Sándor reorganizes his companies

Csányi Sándor reorganizes his companies
Date: 2016-07-27 11:28:57

Csányi Sándor OTP-leader simplifies the ownership structure of the KITE Mezőgazdasági Zrt. (Kite Agricultural Ltd.) – Világgazdaság Online wrote. More than 78 percent of the agricultural integrator giant will have...

One hundred percent subsidized loans to farmers who were affected by spring frost damage
Date: 2016-07-27 11:15:44

Those farmers whose lands were hit by frost in April this year may claim for an up to 500 thousand HUF interest rate and cost-free credit per hectare – the...

The battle of beer giants is about 103.8 billion USD
Date: 2016-07-27 11:15:05

Anheuser-Busch InBev boosted its offer for beer rival SABMiller in an attempt to salvage a global merger threatened by the United Kingdom's vote to leave the European Union. Belgium-based Budweiser...

Nébih: half a ton of meat was seized in a meat shop in Hold Street Market
Date: 2016-07-27 11:06:17

Half a ton of unmarked illicit frozen meat was seized by the National Food Chain Safety Office’s (NÉBIH) staff in a meat shop in the capital's Hold Street Market. The...

McDonald's all-day breakfast is a huge success
Date: 2016-07-27 11:06:11

Net income for the quarter dropped 9 percent to 1.09 billion USD, resulting in earnings of 1.25 USD per share. Excluding the impact of one-time charges, Mickey D’s posted 1.45...

The orders of durable goods in the USA decreased in June
Date: 2016-07-27 11:02:30

The orders for durable goods, such as cars, airplanes and computers, dropped 4 percent to 219.8 billion USD after slipping 2.8 percent in May, the Commerce Department said Wednesday. Commercial...

Screwed-up champagne-knights – Video of the day
Date: 2016-07-27 10:48:57

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Still a lot of offenders during the Formula 1
Date: 2016-07-27 10:45:42

The number of failures fell slightly, but the ratio of offenders remains high during the Formula 1 Hungarian Grand Prix – Világgazdaság Online wrote. The National Tax and Customs Office...

Tesco sells Kipa
Date: 2016-07-27 09:53:55

Tesco has decided to sell Turkey’s market leader retail chain Kipa, in which the British retailer has a 95.5-percent share. Tesco is expected to get GBP 30 million for their...

International Taste & Quality Institute
Date: 2016-07-27 09:49:38

The International Taste & Quality Institute (iTQi) gave three gold stars to Veritas Gold’s natural mineral water and rewarded BUSZESZ Zrt.’s Chef apple cider vinegar with two gold stars at...

The reduction of poultry VAT may bring expanding consumption
Date: 2016-07-26 11:57:56

Poultry meat consumption may increase by up to five percent, in the beginning of next year, due to the reduced VAT – Poultry Product Council’s Director believes. Csorbai Attila believes...

The Brandbank, a member of the Nielsen Group enters the US market as the data service provider of Walmart
Date: 2016-07-26 11:41:13

On 29 June 2016, Nielsen announced the launch of Brandbank into the U.S. Consumer Packaged Goods and retail market, integrated into Wal-Mart's systems as an approved content service provider. Brandbank,...

Improved business and consumer confidence
Date: 2016-07-26 11:39:45

The business activity index of GKI improved in July. According to the survey, both business and consumer expectations have improved, but are still slightly below the high level at the...

Book time to buy a laptop!
Date: 2016-07-26 11:18:10

In the stores of an electronics chain of stores, you can book time to buy TV, refrigerator or laptop – origo wrote. “Due to the convenience of our customers several...

Vodka factory investment with a high priority
Date: 2016-07-26 11:16:38

In addition to the Buda Castle, the government declared an automotive industry supplier, a pharmaceutical company and an investment related to a vodka factory as high priority national economy significance....

The NAV found forty million HUF worth contraband cigarettes in Szabolcs County
Date: 2016-07-26 11:12:46

The staff National Tax and Customs Office (NAV) found forty million HUF worth contraband cigarettes in a property in Szabolcs-Szatmár Bereg County. Suller György Attila the press officer of the...

CNG filling station network can be built in Hungary
Date: 2016-07-26 11:07:36

In the next two years, 39 new CNG (compressed natural gas) filling stations can be built in Hungary. The Hungarian Gas Transport Cluster Association (MGKKE) told that 39 new CNG...

Consumer confidence decreased in the USA
Date: 2016-07-26 11:05:03

Conference Board economic research institute’s consumer confidence index fell slightly in July, but became better than expected. In July, the consumer confidence index fell to 97.3 points, from June’s 97.4...

German economy continues to perform well
Date: 2016-07-26 11:03:17

Markit Economics Institute’s German Purchasing Managers' Index (PMI) for July became better than expected. It has risen up to this year’s highest value in July. The preliminary value of the...

Food art – Video of the day
Date: 2016-07-26 10:57:30

Every one who's ever tried feeding a baby knows how important it is to make the food look nice and funny — especially if it's broccoli or porridge… This is...

The Nébih closed a Far Eastern fast food restaurant in Budapest
Date: 2016-07-26 10:30:26

The staff of the National Food Chain Safety Office (Nébih) held controls at a Far Eastern fast food restaurant in a shopping center in Budapest. Due to the uncovered food...

Rented room paid from cafeteria
Date: 2016-07-26 10:25:03

In addition to the transformation of the new cafeteria system, we can prepare for a new VAT reduction next year, on the basis of the 2017 tax package. We should...

Loyalty programmes are the key to the heart of Millennials
Date: 2016-07-26 10:24:01

A report prepared in cooperation by Bond Brand Loyalty and VISA, with the participation of 12,000 US and 7,000 Canadian consumers about 58 loyalty programmes, has found that shoppers deem...

Tourists may choose Budapest instead of Paris
Date: 2016-07-26 10:20:03

Tourists are expected to avoid cities with high terror alert and will choose safer destinations, such as Budapest – tourism experts believe. However tourists from the Far East can avoid...

Zwack satisfied with results
Date: 2016-07-26 09:42:22

Despite the introduction of the public health product tax (NETA) in the spirits market last year, 225-year-old Zwack Unicum Nyrt. had a successful year – stated a press release by...

Book before the change of system about a Hungarian chef
Date: 2016-07-26 09:32:36

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KSH: retail trade grew 6.8 percent in May
Date: 2016-07-25 11:58:34

In May, the volume of retail turnover – according to the raw data – increased by 6.8 percent. According to the calendar effects adjusted data the increase was 5.7 percent,...

Last year, consumers spent one in four HUF on own branded products
Date: 2016-07-25 11:53:23

According to the latest data of GfK’s annual Brand Analysis, last year the market share of own branded products of the commercial chains increased slightly after five years of stagnation....

NGM: retail sales increase since nearly three years
Date: 2016-07-25 11:50:36

Retail sales grow for nearly three years. The growth that lasts for 35 month may remain permanently high this year, due to, inter alia, employment expansion, the rapidly rising wages,...

Less melons may be imported this year
Date: 2016-07-25 11:48:00

After the previous years, this year's market was more favorable to producers, but the fruit will be more expensive than last year – Népszabadság Online wrote. Oravecz Tamás, president of...

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Csányi Sándor reorganizes his companies