Company and Personal News

The Central and Eastern European economies will have a weak year

The Central and Eastern European economies will have a much weaker, “challenging” year than last year. Many of them – including Hungary – is expected to spend year 2012 in...

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KDNP: marketing conditions of foodstuffs may be tightened

According to the Christian Democratic Party (KDNP), the National Assembly can acept the bill on the rules of food marketing with consensus. Tarnai Richárd, Member of Parliament highlighted at a...

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Euro area’s industrial production increased in January

Industrial production of the Euro area and the EU increased in January on a monthly comparision – announced the European Union's statistical office, Eurostat, on Wednesday. In January, the industrial...

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The new rules of the agri damage mitigation

The first pillar of new agricultural risk management system was published in the Magyar Közlöny. Those producers who were hit by agricultural damages between the 1st November 2011 and 10th...

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An annual 11 million tons of food is thrown out by the Germans

According to new study presented on Tuesday, in Germany, an annual 11 million tons of food is thrown away, 81 kilograms per person. Most of the food that ends in...

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Innovation at PayPal

PayPal’s management has unveiled the plans for the transformation of the portal. The popular site becomes a device and platform free electronic payment site. PayPal’s management plans that the fully...

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Szenna-Pack would continue production after bankruptcy arrangement

Szenna-Pack’s new owner, the Irish Ardagh Group is already preparing for the production and in addition to the previous 120 workers, they are calculating with the recruitment of 180 new...

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Wizz Air has a new destinatin from Budapest

Wizz Air announced it would add direct flights between Budapest and Varna (Bulgaria), Palma de Mallorca and Milan to its summer timetable. Wizz Air will fly to the destinations from...

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Fresh and easy to work with – the advantages of vegetable boxes

The vegetables are seriously checked at all stages of the production process. Between harvesting and processing only a few hours tahe place, so the finished product retains the flavor and...

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GfK: Costumers spend the most on food in hyper-and supermarkets

The GfK Market Research Institute conducted its GfK Shopping Monitor Research 2011-2012 in December 2011. The goal of the annually prepared study is the mapping of the motivations and purchasing...

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KSH: mainly energy and food prices moved inflation in February

Consumer prices in February were 5.9 percent higher than a year earlier. In a month, prices rose by 0.8 percent, due to the significant jump of household energy and food...

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Online purchase on the podium of online activities

MasterCard's latest research shows that online shopping and the associated browsing are the third most popular online activity in Hungary, only preceded by reading news and e-mailing. 38 percent of...

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Manpower: fewer employers planning redundancies

According to the Manpower Employment Outlook Survey, 17 percent of Hungarian employers intend to reduce their workforces during the second quarter of 2012 while only 14 percent of employers plan...

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U.S. retail sales increased

U.S. retail sales increased the fastest extent in February in the last five months; a 1.1 percent increase occurred, compared to January. As analysts expected U.S. retail sales increased seasonally...

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Chips are not responsible for the salt intake

How is it possible that in Hungary, salt intake is twice twice as much per capita than in the U.S., despite Americans consume 23 times more chips than the Hungarians?...

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Frost damage is around twenty percent in the Tokaj Wine Region

On average, 20 percent of buds has damaged, due to this year’s hard frost in the Tokaj Wine Region – states the researchers of the Vine and Wine Research Institute...

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Germans eat forty kilograms of pork annually

Last year, the revenues of the German meat distribution and event services increased by 3.2 percent. According to the Tuesday published datas of the German Meat Processors Association, consumption of...

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Agárdi Pálinkafőzde's number one expert receives state award

Tibor Véres from Agárdi Pélinkahouse has received a special state award (the Silver Cross) from Sr. Sándor Fazekas, minister of rural development. The expert was also the brewer of the...

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NIVEA Tour is about to start!

NIVEA Tour is about to open its gates for the sixth time, and will go on for more than a month with a serious of various sport-events for free in...

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Weak domestic consumption continues to hold back imports

According to the preliminary datas, the foreign trade value, calculated in euros, slightly increased by 2 percent in January, compared to the previous year's high levels – the Central Statistical...

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Increasing risk of bankruptcy

According to Hungarian companies, the number of bankrupt businesses will slightly rise this year as well, following an all-time high of last year. They expect a particularly strong wave of...

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Costumers travel for special flavor vegetables and fruits

The old Hungarian fruit and vegetable varieties will reappear probably on the local and regional markets, which establish the reputation of the Hungarian horticulture. In recent decades, the old, local,...

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Warsaw is the second most attractive commercial real estate market in Europe

According to CBRE international consulting firm, Warsaw is the second most attractive commercial real estate market in Europe. The survey’s results were published in the Gazeta Wyborcza newspaper. In 2012,...

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Rézangyal acquires Ördögi

Rézangyal has purchased its greatest Budapest-based competitor Ördögi. The company now owns both the pálinkabrand Ördögi and Györkönyi, but the right to produce is still at Raiker td....

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Visegrádi mineral water to conquer in “diamond bottles”

After several months of planning and development work, one of the oldest mineral water of Hungary will be distributed on the markets with new design in February 2012. The new...

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Revenues of Somogy county merchants and restaurateurs declined

According to the survey of the Trade and Tourism Advocacy of the Entrepreneurs in Somogy County (KISOSZ), more than half of the merchants and restaurateurs of Somogy county reported about...

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Zsolnay Visual Manufactory to open in Pécs

The Visual Manufactory – opens on Tuesday in the Zsolnay Cultural Quarter – will acquaint the visitors with the manufacturing procedures of the Zsolnay porcelains. The Zsolnay Örökségkezelő Nonprofit Kft....

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Russia bans the European pork imports

From the 20th of March, Russia bans pork imports from the European Union, due to the Schmallenberg virus emerging in Europe. The Russian veterinary authorities explained on Monday that the...

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GDP forecasts for 2012

The external demand, the performance of agriculture and the lack of credit can be the biggest risks in the evolution of next year’S GDP, which according to analysts interviewed on...

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Hungarian-Russian trade close to its pre-crisis level

The Hungarian-Russian trade dynamically evolving and it is getting close to the pre-crisis levels – said Alexei Kazacskov, deputy commercial counselor of the Russian Federation at a conference in Győr...

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