News and articles

The OTP launches a credit facility for tobacconists

OTP Bank has developed a credit facility for the operators of the national tobacco stores. Since than, hundreds of concessionaires inquired at the bank – the financial institution told MTI...

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The rearrangement of the tobacco market may bring tax losses

If the Parliament accepts the latest amendment of the ten percent price margin in case of the tobacconists, it can bring an up to 130 HUF average price increase. Due...

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KSH: inflation slowed further in April

The annual inflation rate slowed further in April to 1.7 percent, after the 2.2 percent of March. Compared to March, consumer prices rose by 0.3 percent compared with March –...

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The sowing area of melon has increased

The planting and sowing of melon has completed. In 2013, the producers can produce melon on a ten percent larger area than in the last year – Simonka György (Fidesz),...

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Buying retail spaces in Budapest is a good business for Europeans

Hong Kong remains the most expensive retail store market of the world. The rents are 150 percent higher than in New York and 400 percent higher than in London and...

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Parragh: the expectations of the companies are moving towards a positive direction

After a long time, the expectations of the Hungarian companies are moving towards a slightly positive direction with decreasing uncertainty ratio – Parragh László, president of the Hungarian Chamber of...

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The Zalai Poultry Processing Ltd. will be liquidated

The liquidator of the Zalai Baromfifeldolgozó Kft. (Zalai Poultry Processing Ltd.) submitted a liquidation application. The close to 100 workers of the company operated for less than a year were...

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Magazine: With German precision

German ‘restaurant chain’ Kochhaus is expanding fast. The idea is not revolutionarily new: the concept is based on the fact that customers cook and Kochhaus units offer them all the...

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Entries are awaited from all over the country for the sixth Siller Wine Festival in Paks

The the Sixth National Siller Festival will be organized with an entirely new concept, connected to the German minority day. The event takes place in Paks at the Sárgödör square....

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Fahrenheit 479o, a fine dining popcorn?

We could tell you that this company uses organic ingredients and fair-trade practices, but instead we'll say that this artisanal popcorn is the snack food equivalent of finding Brian Atwood...

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The correspondent of the New York Times visited Hungarian restaurants

Lisa Abend, the correspondent of the New York Times visited restaurants in Budapest. She visited the Onyx, the Mák Bisztró, the Pesti Disznó and the Macesz Huszár. In her view,...

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The Pálinkafestival of Budapest is opening on Thursday

2013 will be the year of cherry at the Budapesti Pálinkafesztivál (Budapest Pálinka Festival), where authentic Hungarian pálinkas and sour cherry fruit delicacies will play a special role. The culinary...

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Kubu Play MEGAFRUT

The new product from Kubu offers a mega-fruity new delicacy in the Play product line, which is the most popular among children’s products....

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Magazine: Finally: a glass made especially for IPA

Indian Pale Ale (IPA) was the sensation of 2012 among ‘artisan’ beers (or craft beers. Up until now no proper glass was made especially for IPA, but German company Spiegelau...

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Agreement was born between NAV and the mobile companies

Slowly it becomes clearer, which companies will run data connection between the online cashiers and the server of NAV. The tax authorities have concluded the contract with the four domestic...

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Online cash register manufacturers are ready to produce

The Minister of National Economy consulted nearly 30 cash register manufacturer on Friday evening. At the meeting, the experts of NAV, as well as the experts of the Hungarian Trade...

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Self-service cashiers open-price products

The introduction of the PC-based cash registers is well worth in stores operating only a few cash registers – Görög Erzsébet, representative of the Magyar Lapterjesztő Zrt. (Hungarian Newspaper Distributor...

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Package starts a new life as an artistic decoration

Who wants to win the latest application of HEINEKEN and the Design Terminál should plan an artistic decoration created from from bottle crates, bottles or cans. The competition aims to...

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The sown area of soy increased to its five-fold in Veszprém county in the last five years

The sown area of soy increased to its five-fold in Veszprém county in the last five years, autumn forage crops are promising – the Veszprém County Government Office told MTI....

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The wine town is under construction in the city centre of Szeged

The region’s largest wine festival the 19th Wine Festival of Szeged is under preparation in the city centre of Szeged at Széchenyi Square. The festival begins on Friday. The best...

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Retail sales increased in the world's largest economy

U.S., retail sales rose in April, instead of the expected loss, forecasted by experts. According to the Monday communication of the U.S. Ministry of Commerce, retail sales increased by 0.1...

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Record number of entrants at the 15th Saving Cooperative Wine Competition

A record number of entrants, 281 wines were entered to the 15th Saving Cooperative Wine Competition this year by wineries that are in connection with the credit institutions – the...

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It's never wise to buy food if hungry

Temptation is lurking around every corner for dieters and many find that shopping for food is fraught with problems. Now researchers have spelt out how disastrous it can be to...

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This might even be the gift of the house

So what exactly is Pipcorn? Basically, it’s mini-popcorn supercharged with flavor and a very delicate hull (translation: no more awkward popcorn hunks in your teeth). It’s also vegan, gluten-free, popped...

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Onion-cheese chocolate is a success

Flavors we in the U.S. might consider strange are becoming ever more popular abroad, which perhaps explains the success of a new cheese and onion chocolate bar sold by Irish...

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Sales reps: in-house or as outsourced staff

Demand for outsourced sales representatives keeps growing because many firms have been forced to lay off staff due to the difficult economic situation – says Ágnes Csiby, client service director...

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Every little helps!

Tesco Hungary CEO Nigel Jones told our magazine that their turnover was HUF 709 billion in the 2012-2013 business year. Last year the company’s focus was more on innovation than...

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SPAR is on a growth track

In 2012 SPAR Hungary realised a HUF 421.5-billion turnover, performing 8 percent better than in 2011. Last year the company continued to develop and refurbish its network of stores, and...

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Reál took a big step forward with its own warehouses

Tibor Kujbus, managing director of Reál Hungária told us that 2012 was a busy year for the company. On 14 January the headquarters moved to a new office, located in...

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The Rossmann Baby Programme soon became popular

Rossmann entered the Hungarian market in 1993. Today the drugstore chain consists of 181 units and employs 1,112 people in Hungary. The company’s turnover was HUF 43.6 billion in 2012,...

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