Company and Personal News
Weakening Hungarian exports, growth may slow down
Date: 2011-08-09 14:38:30
Compared to the previous month, Hungarian exports have decreased significantly which can forecast a slowdown in GDP growth. According to the preliminary datas of the Central Statistical Office (KSH); export...
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Russia resolved the ban on fresh vegetable imports
Date: 2011-08-09 13:15:34
Russia resolved the ban on fresh vegetable imports today – announced the office of the chief medical officer in Moscow. Russia imposed restrictions fom the 9th of August 2011, due...
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The consumer credit market reduced by nearly one-fifth
Date: 2011-08-09 13:10:23
According to the datas of the central bank; the financial service providers placed out nearly 20 percent less, almost 120 billion HUF consumer loans in the first half of the...
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The Gyulai Húskombinát increases exports to the Russian market
Date: 2011-08-09 12:32:39
The Gyulai Húskombinát Zrt. increases its export share of production volume to 30 percent this year, after previous years's 10-15 percent, after a significant increase occured in the volume of...
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OECD: the economic growth of the G7s has reached its peak
Date: 2011-08-09 12:27:57
Probably the economic growth has reached its peak in the world's seven largest economies after the growth began after the global economic crisis started in 2008 – shows the study...
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Outlet mall opens at the place of the Material Center
Date: 2011-08-09 12:20:44
In the first half of 2012, a new retail format, a multi-storey outlet mall will open its doors in downtown Budapest. The 10,000 square meter shopping center, leaves the usual...
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Fake milk powder was found by inspectors
Date: 2011-08-09 12:10:47
According to the communication of the Ministry of Rural Development; vegetable fat adulterated milk powder was found by the Food Chain Safety and Animal Health Directorates of the county government...
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Further controls of the sugar industry privatization
Date: 2011-08-09 12:00:15
The National Sugar Beet Growers Association (CTOSZ) is convinced that the privatization of Hungary's sugar industry was not entirely well thought out. Most professional investors brought their money to Hungary...
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Where is traditional television heading?
Date: 2011-08-09 11:34:42
The future of traditional television consumption is still bright – the speeches given at the TAM conference held in Vienna in June celebrating the 20th anniversary of Austrian television audience...
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Chinese-Hungarian Business Council established
Date: 2011-08-09 10:18:15
Hungarian business association VOSZ and the Chinese Foreign Trade Development Council on Tuesday agreed to establish the Chinese-Hungarian Business Council to foster bilateral business ties, VOSZ announced. VOSZ managing director...
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SPAR – Unilever prize game begins
Date: 2011-08-09 08:23:51
SPAR Magyarország Ltd is taking part in Unilever's campaign “Cook a playground” for the second time, and as a result of this an EU-competent playground has opened its gates in...
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Debt Crisis, downgrading, soaring Swiss franc – MFB's summary
Date: 2011-08-08 13:20:24
In July, the debt crisis-related news moved the markets after beside the Greek crisis, the faith was shaken towards U.S. solvency. The decision-makers of the euro zone adopted the new...
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In July, another wave of liquidation occured
Date: 2011-08-08 13:00:29
The wave of liquidation did not easened in the world of companies. According to Opten's latest datas; compared to the peaks of the past months, a slight deceleration occurred, but...
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Swiss industry and tourism suffer from the strong francs
Date: 2011-08-08 12:12:50
The Swiss franc strengthened again to a record level against the euro. Die Presse points out in its analysis that the strenghtening franc causes serious damage to Swiss exporters and...
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The confidence of European investors is on a two-year low point
Date: 2011-08-08 11:55:24
Investor confidence index fell significantly in the euro zone. The August index is at a low point, has not seen since September 2009, mostly because of the concerns of a...
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Support for new farmers rearing indigenous and endangered animal breeds
Date: 2011-08-08 10:47:54
The Ministry of Rural Development statute amendment enabling support for new farmers rearing indigenous and endangered animal breeds came into effect on August 1. The breeding of indigenous and endangered...
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POS Media's strategic partner is HighCo
Date: 2011-08-08 10:46:01
On 1 July 2011, acquisition of a 48.25% stake in POS Media Europe (“POS Media”) from several private equity funds of Committed Capital (34.25%) and POS Media's founding partner, Richard...
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Cigarette-smugglers caught in Szabolcs
Date: 2011-08-08 10:41:18
Five Ukranian cigarette-smiugglers have been caught in the village of Kölcse, located in Szabolcs-Szatmár-Bereg county – the police informed MTI on Monday. The 5 thousand packages of cigarettes have been...
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Decreasing sales of 3D TVs
Date: 2011-08-08 10:00:27
Last year, 252 million television sets were sold worldwide, but until earlier this number grew from year to year, according to the latest survey of DisplaySearch institute; in the U.S....
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Development Ministry on the Achievements of the Hungarian Presidency
Date: 2011-08-08 08:58:28
Hungary will benefit from it’s successful presidency in the long term, as stated during the press conference organised by the Ministry of National Development to give account of the activities...
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Merchants are confident during the big summer discounts
Date: 2011-08-05 12:30:41
The large summer discounts may end on the weekend of the 20th of August – reports Pénzcentrum.hu. The traders are confident, many of them spend the real return on cheap...
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The local products of the emerging countries conquer abroad
Date: 2011-08-05 12:27:28
While a few decades ago the popular Western brands have conquered the emerging countries now the opposite is true. “In the future, there will not be any national products or...
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Bonafarm received giga loan
Date: 2011-08-05 12:25:42
The Bonafarm Group agreed with CIB Bank Zrt. and Raiffeisen Bank Zrt. on refinancing the long-term loans. The contract containing 139.8 million euros (about 38 billion HUF) 5-year term credit...
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Brazilian sugar is available from Monday
Date: 2011-08-05 12:22:46
The import sugar cane from Brazil is available in the shops from Monday. It has the same quality as sugar, made of sugar beet. The imported sugar will be processed...
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Eurobarometer: most of the Europeans are optimistic
Date: 2011-08-05 12:10:47
More than 60 percent of Danes, Austrians and Estonians are confident that Europe will emerge stronger from the crisis. The majority of the Portuguese and the Greeks, believe that “the...
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School year starting action launched in Auchan
Date: 2011-08-05 11:55:34
On the 5th of August, Friday the School year starting action has been launched in Auchan. Auchan Hungary awaits the children and their parents with discount actions, as well as...
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Swiss rush in the Austrian shops
Date: 2011-08-05 11:50:07
The Swiss due to the strong Swiss franc storm the Austrian shops nwear the border. In particular, food sales increased the most, but the hotels and restaurants also accept more...
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Support for new farmers rearing native animal breeds
Date: 2011-08-05 11:45:32
The Ministry of Rural Development statute amendment enabling support for new farmers rearing indigenous and endangered animal breeds will come into effect on August 1. The breeding of indigenous and...
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The new wave of the crisis can destroy the improving willingness to purchase
Date: 2011-08-04 13:40:48
Consumer confidence improved for the first time since the beginning of the crisis in 2008 in the EU's most populous countries, but the new wave of crisis unfolded in recent...
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The Ministry of Rural Development inquiries in the Anuga case
Date: 2011-08-04 13:10:05
The Ministry of Rural Development (VM) requested informations from the Poultry Product Council (BTT) over which domestic market participants are affected by the decision of Kölnmesse GmbH, that banned stuffed...
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