News and articles

KSH: November retail sales decreased by 4.1 percent

In November 2012 a 4.1 percent decline occurred in retail sales volume. Decrease was determined by the sales decline of food retail, gas stations, furniture and electrical goods stores, as...

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Magazine: Like is life!

With the appearance of smartphones and Instagram – a photo sharing program and social network optimised for smartphones – guests started to upload their photos not only to Facebook but...

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The Coop won the National Franchise Network of the Year title

After 2007, Hungary's oldest supermarket chain, the Coop food chain has been elected as the National Franchise Network of the Year again. At the domestic franchise industry's most prestigious event...

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KPMG: VAT increases worldwide, while a reduction occurs in corporate tax

The governments in 2012 continued to increase the VAT rates to earn money, and reduced the corporate income tax to attract new investors to their country – shows the Corporate...

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Increased fruit and vegetables consumption has a beneficial effect on young people's wellbeing

A new study suggests food changes mood and that eating fruit and vegetables each day helps keep the blues away. Eating more fruit and vegetables may make young people calmer,...

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EU would introduce unified rules on the market of e-cigarettes

The union would lay down unified rules on the electronic cigarettes in the market. The committee proposed the strenghtening of EU regulations on tobacco products last December. This would establish...

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Procter & Gamble closed a good quarter

Procter & Gamble’s profits more than doubled in the the second quarter of its financial year, thanks to the reorganizations, the turnover and its market share growth. According to a...

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Electrocuted by a whalecocktail!

Hackney hotspot Nightjar is famed for its speakeasy atmosphere and clever cocktails, but many are finding its Moby Dick drink a bit hard to swallow…because it's made of whisky infused...

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Tourism in Austria closed a record year

The number of guest nights and number of guests broke a recort in 2012 in Austria – the Austrian statistical office announced on Friday. The number of guest nights at...

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Butter consumption has become a privilege of the wealthy

According to GfK Hungária’s Household Panel survey, the butter, butter cream, cheese cream and plastic-cup margarine category is going through a restructuring process. In January-May 2012 volume sales of these...

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The gastromecca of tenisstars – Video of the day

The restaurants of the world’s best player, Novak Djokovic, attract people with charming and pleasant atmosphere. International gastronomic specialties with an exquisite combination of different flavors, authentically designed interior and...

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National Association of Tobacco Shops: successful application is not enough for a stable income

The Budapest Chamber of Commerce and Industry held its tobacco retail concession event on 21 Januray 2013. One of the key speaker of the event was the National Association of...

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The mall stop increased the demand towards used real estates

Cushman & Wakefield (C & W) real estate consulting firm signed contracts last year for buildings that were previously belonged to the portfolio of Interfruct. The portfolio consists of 23...

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NÉBIH expects the food chain supervision fee in January

The second part of the food chain supervision fee of 2012 should be paid until the end of January. The authorities carry out 350 thousand checks every year, and 1.5...

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Roughly 60 million liters of alcohol sold every year in Hungary

Approximately 58-60 million liters of alcohol is being sold in Hungary a year. Although this number may seem to be high, sales have been decreasing now for years, roughly by...

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Czerván György: good prospects for the agriculture this year

The Minister of State for the Ministry of Rural Development called this year's outlook good for the Hungarian agriculture on Thursday Harkány. Czerván György told the journalists after a meeting...

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Gyulahús: production can be restarted on 4 February

The Gyulahús Kft. has received 114 million HUF shareholder loan from the owner, which is the local government to restart the production of sausages. The representative body of the local...

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Tea-producing countries are contributing in order to increase prices

The tea-producing countries established a professional organization under the International Forum of Tea-Producers name to achieve an increase in prices. Sri Lanka, India, Kenya, Indonesia, Malawi and Rwanda are the...

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Unilever revenues in 2012 over fifty-one billion euros

The Anglo-Dutch Unilever group increased its sales in the last quarter mainly due to the sales growth in developing countries. The company on Wednesday reported that in the three-month closed...

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IKEA increased its turnover and profits last year

The Swedish home furnishings chain increased its sales and profits in the 2011/2012  fiscal year – the company told MTI. In the fiscal year ended on 31 August 2012, IKEA...

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Lealkudtuk.hu: more spending on spa weekends despite the crisis

Although summer season is the peak season for trips offered by the action collecting sites, in  December, 30 percent more overnight stays for two was bought by the users than...

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Oscar Award – Smoked salmon and veggie pizzas will fill the stomach of stars

Smoked salmon, grilled artichoke, veggie pizza pieces and dozens of other delights await the celebrities visiting the feast after the Academy Awards. This year's Oscar-menu was published by Wolfgang Puck,...

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MBSZ: costumers did not spend less on Christmas gifts

Costumers did not spend less on Christmas gifts in the shopping centers in December 2012 than in the same period of the previous year – the Hungarian Association of Shopping...

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Agriculture gave 3.1 percent of the Hungarian GDP last year

In 2011, the Hungarian agriculture has produced record revenues, which provided 4.6 percent of the Hungarian GDP, but in 2012 the figure declined to the previous rate to 3.1 percent...

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eNET – Telekom: Cloud Services in the SME sector

Only a small part of the Hungarian small and medium-sized businesses use cost-effective ubiquitous IT solutions the so-called cloud-based services – shows the latest survey of eNET-Telekom, carried out among...

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The safety risk is the main obstacle for the spread of mobile payments

The security risks associated with the smart phone platforms are the main obstacles to the widespread of mobile payments – shows the study of Boston Fed (central bank) – portfolio.hu...

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Coca-Cola- WWF alliance to rescue the polar bears

The WWF and Coca-Cola have joined forces to raise awareness of the threats endangering the habitat of polar bears. Therefore they have launched the Arctic Home campaign, in which Coca-Cola...

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Men accelerate the luxury market in China

Men are responsible for more than 50 percent of the Chinese luxury market – shows the new exploration of the CLSA brokerage and investment company. According to the company, the...

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Protection disappears without the factual use of trademark

It is well known fact that trade mark is an important competitive tool, during the competition between competitors, it can be determined with assets and has economic benefits. Trademarks allow...

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The Lidl Magyarország donated 40 million HUF to the Child Nutrition Foundation

Lidl Hungary, in the spirit of social responsibility, once again organized a fundraising campaign. Between 2 November and 24 December 2012 the costumers of Lidl collected 20 million HUF, of...

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