Amway reports sales of $10.8 billion for 2014

Amway reports sales of $10.8 billion for 2014
Date: 2015-02-04 10:35:09

Amway today announced sales of $10.8 billion for the year ending Dec. 31, 2014. The result represents a decline of eight percent from 2013, due to lower revenues in China...

The chef received three Michelin Stars again
Date: 2015-02-04 10:30:05

Three French chefs received the most coveted prize in top-level gastronomy on Monday when their restaurants were awarded three Michelin stars in the 2015 edition of the guide, the French...

Bridgehead in North Africa
Date: 2015-02-04 09:38:46

The European Union has been working on closer cooperation with the countries in the Mediterranean, especially in North Africa for quite a while. So far diplomatic and economic opening worked...

Kotányi uses locally produced ingredients wherever possible
Date: 2015-02-04 09:16:55

Fűszermalom Kft.’s initiative was successful and seasoning pepper production restarted in the Mórahalom region. In 2014 about 50 tons of excellent quality seasoning paprika was prepared from locally grown pepper....

Hungary’s GDP growth may go above three percent
Date: 2015-02-04 09:14:32

Ernst & Young’s quarterly Eurozone Forecast reveals that this year Hungary’s economy may grow by 3.3 percent – this would be the best performance since 2006. Ernst & Young CEO...

MVH answers SMS messages too
Date: 2015-02-04 09:12:27

From HUF 400 million the Agricultural and Rural Development Agency (MVH) improved its customer service system within the framework of the New Széchenyi Plan. The new system means that MVH...

Tradition is a trend
Date: 2015-02-04 08:58:38

In Hungary the average basket value in a bakery is between HUF 250 and 380. One bakery generally needs to serve 1,000-1,300 customers to sustain itself. Obviously bigger bakeries located...

Another difficult year
Date: 2015-02-04 08:54:01

József Septe, president of the Hungarian Baker Association paints a rather gloomy picture of the industry. ‘The profitability level is low, I am rather pessimistic about the quality of flour...

Magazine: Looks and content both matter when it comes to buying dessert
Date: 2015-02-03 12:05:41

After last year’s sudden halt the praline market revitalised in 2014 – we learned from Andrea Révfalvi, marketing manager of Bonbonetti Choco Kft. She told that the main driving force...

A new development brings relief to the users of EKÁER
Date: 2015-02-03 11:40:24

Many businesses are unprepared for the introduction of the EKÁER. The owners sent the data sheets with many mistakes. The ProgAdat Kft. (belonging to the Laurel Group) dealing with commercial...

Lázár suggests the reduction of the advertising tax
Date: 2015-02-03 11:40:03

Lázár János Minister of the Prime Minister’s Office proposes advertising tax reduction and to introduce a flat rate system, instead of the current progressive tax tax system on advertising. Lázár...

The BMI index increased in January
Date: 2015-02-03 11:38:26

The value of the purchasing manager index increased by 3.3 percentage points to 54.2 points in January, compared to the previous month's 50.9 points – the Hungarian Logistics, Purchasing and...

KSH: 843 million euros export surplus
Date: 2015-02-03 11:35:31

Last November, the exports increased by 3.1 percent in euros, compared with a year earlier, while the imports rose by 2.1 percent. The monthly merchandise trade surplus was 843 million...

An agreement between Tesco and the trade union
Date: 2015-02-03 11:30:22

The Commercial Employees' Trade Union (KASZ) representing thousands of Tesco employess reached an agreement with the leaders of Tesco. Tesco was able to find new jobs to 350 people, which...

The Hungarian seed is a competitive economic value
Date: 2015-02-03 11:25:34

Hungary is the sixth largest seed exporter in the world behind France, the Netherlands, the United States, Germany and Chile. This year, 35 percent of the quantity of the seed...

Bisnode: the number of firms decreased last year
Date: 2015-02-03 11:20:50

The number of active companies between January 2014 and January 2015 decreased by 2.55 percent to 543,692 firms in Hungary – the Bisnode international company rating firm told MTI on...

145.5 million euros support for plantation renewal
Date: 2015-02-03 11:11:01

In the new EU grant cycle 145.5 million euros support will be available for plantation renewal in Hungary – Feldman Zsolt Deputy Minister of State, resposnible for agri-management said on...

Retail sales increased by 7 percent in Romania last year
Date: 2015-02-03 11:10:26

Last year, retail sales increased by 7 percent in Romania, compared to 2013 – teh Romanian national statistical institute announced on Tuesday. The increase is mainly due to the 10.6...

More than two million poultry were slaughtered because of bird flu in Taiwan
Date: 2015-02-03 11:05:46

So far more than two million poultry had to be cut down, due to the spreading bird flu epidemic on the island of Taiwan. According to the latest nerws a...

A paprika grist called Szegedi was withdrawn in the United States
Date: 2015-02-03 11:04:20

Because of the possible allergy content of peanut, the Szegedi Sweet Hungarian Paprika was withdrawn in the United States. The product was sold between September 18, 2014 and October 13,...

Henkel awarded again for leadership in sustainability
Date: 2015-02-03 11:01:59

For the eighth consecutive year, Henkel receives RobecoSAM’s Gold Class award and is included again in the 2015 Global Most Sustainable Corporations in the World Index (Global 100 Index). The...

Twenty-million HUF worth smuggled cigarettes were found in Tiszakerecseny
Date: 2015-02-03 10:55:03

The finance guards and police officers found Twenty-million HUF worth smuggled cigarettes were found in the region of Tiszakerecseny – the press officer of the Szabolcs-Szatmár-Bereg County Directorate of Customs...

Drops of health – Cereals
Date: 2015-02-03 10:13:06

To describe changes in breakfast and cereal consumption of girls between ages 9 and 19 years, and to examine the association of breakfast and cereal intake with body mass index...

Good performance – with prices forced down
Date: 2015-02-03 09:51:41

In the metal packaging market steel cans have the biggest, 70-percent market share. Aluminium solutions – including aerosol cans – represent only 10 percent of the market but they play...

Tibor Rosenstein is the Restaurant-owner of the Year
Date: 2015-02-03 09:20:54

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Cooking Up a Tribute – Video of the day
Date: 2015-02-03 09:17:20

'Cooking Up a Tribute,' produced by BBVA, is an epicurean film in which brothers Joan,Josep and Jordi Roca, owners of El Celler de Can Roca restaurant, aware of the continuing...

GKI: Improvement in terms of trade
Date: 2015-02-02 12:00:40

The GKI Economic Research Co. predicts that – although in 2014 the growth was approx. 3.2 percent a temporarily extremely rapid growth – the deceleration started in the third quarter...

The two-third of the apple crop is processed by industrial plants
Date: 2015-02-02 11:15:00

Industrial plants processed the two-third of the annual 820-900 thousand tonnes of apple crop last year – the President of the Product Council in Újfehértó told MTI. Takács Ferenc said...

Fifteen percent is spent on production from CAP payments
Date: 2015-02-02 11:10:28

Industry experts say that it is “life saving” that Hungary can spend 15 percent within the direct payments of the Common Agricultural Policy (CAP) between 2015-2020. The allocation of funds...

The Pig population increased in Békés County
Date: 2015-02-02 11:09:16

The pig population increased in Békés County last year, after several years of decline. According to the 1 June 2014data of the Central Statistical Office (KSH), the number of pigs...

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Amway reports sales of $10.8 billion for 2014