News and articles

Magazine: The message of the heron part 2

The Kócsagos (Heron) wine series got a new label: a protected bird in the growing area, the majesty and pureness of which inspired the company. The series was created 15...

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Thirteen Tesco stores to be closed in Hungary

The Tesco today announced the closing of thirteen shops in Hungary – the Index wrote. The company in its communication wrote that because of the recent legislative changes the operating...

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The in-store experience remains important for the great majority of people all over the world

A survey by CBRE has found that 79% of international consumers still visit a physical store to buy a product, reflecting the key role the store plays in the overall...

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Prime Minister’s Office : the changes in the law do not justify the steps of Tesco

According to the Prime Minister's Office, the legislative changes coming in trade do not justify Tesco’s job cuts, and behind the layoffs and store closings the parent company’s economic difficulties...

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The OECD expect stable growth among its member countries

Stable economic growth is expected in the next six months in the OECD as a whole and in the euro zone as well, with a slightly weakening momentum in Germany,...

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ProgAdat’s data management system to be dressed in cloud

One of the widespread management solution of the of domestic trade, the ProgAdat ProFinance System is operating in a cloud environment as well. The businesses using the ProgAdat ProFinance System...

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Californians can eat foie gras again

A Los Angeles federal judge overturned the federal government’s ban on foie gras sales, because it was contrary to the US trade laws. The goose filling will continue to be...

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Organic farming or conventional farming?

John Krebs climate expert told at the Oxford Farming Conference on Wednesday 7 January that organic farming might do more damage to the environment due to increased land required and...

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New executive director at the Seed Association

From 1 January, Polgár Gábor became the executive director of the Seed Association Interprofessional Organization and Product Council. The specialist replaces dr. Ruthner Szabolcs, who contiues his career in Switzerland...

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Retail sales rose by 0.8 percent in the Czech Republic in November

In November retail sales increased by 0.8 percent in the Czech Republic on an annual level – the Czech Statistical Office announced on Monday. Last year, this was the lowest...

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A serious price increase may come in Russia

The US Morgan Stanley bank group increased its Russian inflation forecast for this year, from 9 percent to 13.7 percent on Monday. According to the communication of the Russian Statistical...

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The brave marxist and fast food restaurants – Video of the day

Why does fast food look so much better in ads than in reality? We returned sad-looking food at McDonald's, Burger King, Wendy's and Jack in the Box to see if...

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A Hungarian and a Russian company are competing for the Serbian fertilizer factory

The Hungarian Nitrogénművek Zrt. and the Russian TogliattiAzot are also interested towards the fertilizer factory in Pancevo, which will be sold by the Serbian government until March – the Vecernje...

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Szallas.hu: domestic tourism grew by 10 percent last year

The domestic tourism expanded by 10 percent last year, in 2015 a similar 9 percent increase is expected – according to the most recent forecast of the Szállás.hu portal. According...

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SPAR stays in Hungary

On 18 November – in the afternoon when the Hungarian parliament gave green light to a new tax package that constitutes a major blow for the Hungarian retail sector –...

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Le Grand Chef book, in a smart way

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Small cooperative becomes a successful company

With its nearly 70-year history, KOP-KA Zrt. is one of the key players in Tolna County’s retail sector. It isn’t a big member of the COOP Group’s but the company...

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Europe’s Day in Commerce: gloom and a few moments of happiness

Europe’s Day in Commerce has been organised for the 10th time. The initiative of Brussels-seated EuroCommerce became one of the biggest feasts in the sector in Hungary, organised by the...

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Magazine: The message of the heron

Andrea Wlasitsch, economic director of family enterprise Garamvári Wineyard told our magazine that the company originally started in the wine trade in 1990, later purchased an estate in Lelle and...

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What happens to the excess gifts?

In the pre-Christmas period everyone is trying to find the perfect gift for the loved ones, but according to statistics, 38 percent of the Hungarian customers ordered items that did...

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Tesco: Hungarian store closings may start in February

From the beginning of February Tesco closes its 13 unprofitable stores in Hungary – the Magyar Nemzet wrote. During the year, other stores may be closed as well. For te...

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State assistance for the Széchenyi Card Program’s credit facilities this year again

The businesses can can apply for the credit facilities of the Széchenyi Card Program in 2015 with state assistance. The government has recently renewed the interest support and the guarantee...

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The Hungarian population does not want to change banks

The number of bank switches is still low among the domestic population. Three-quarters of the clients has never changed a financial institution in the past 10 years – Budapest Bank’s...

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A Wine Parliament will be held again in Ópusztaszer

The wine estates and professionals of the Carpathian Basin will gather to the first scene of the national assembly, to Ópusztaszer on 18 January to discuss about the future of...

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Sunday closure: the National Electoral Commission refused to authenticate the signatures on the referendum

The National Electoral Commission (NVB) at its Friday meeting refused to authenticate the signatures on the referendum. Szepessy Zsolt, chairman of the Összefogás Párt (Unity Party) sought the national referendum...

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KSH: export surplus increased in November 2014

In November, the euro value of exports was 3.2, while the euro value of imports was 2.4 percent higher than a year before. The 832 million euros trade balance surplus...

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The Wines of Budapest will be wines from Somló and Szekszárd in 2015

Among the white wines, the 2011 vintage Somlói Top Selection Apátsági Furmint of the Tornai Winery, among the red wines the 2011 vintage Szekszárdi Tivald Cabernet Sauvignon of the Eszterbauer...

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Dismissals at Coca-Cola

Coca-Cola's revenue fell by 14 percent inthe third quarter of 2014 compared to the same period of 2013. The company late last year was forced to warn its investors that...

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Ice cube for 8 USD

A piece of hand-carved ice cubes cost eight USD, while the fifties package costs 325 USD. However, they are not statues, but perfectly carved geometric shapes. Photo :: Glace Luxury...

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Health drops – Black tea

But what real tea lacks in variety, it makes up for with some serious health benefits. Researchers attribute tea’s health properties to polyphenols (a type of antioxidants) and phytochemicals. Though...

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