News and articles

Moody's: Euro-area crisis still poses greatest risk to global outlook

The global economic recovery is at risk of faltering due to the euro-zone debt crisis, Moody's Investors Service Inc. said in its latest macro-economic risk report. The rating company said...

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Competition Authority initated proceeding in melon case

The Hungarian Competition Authority (GVH) initated proceedings against a number of  domestic commercial chains, because they assume that they violated the prohibition of restrictive agreements in case of watermelon sales...

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MVH: support to create agricultural producer groups

The Agricultural and Rural Development Agency (MVH) starts the payment in the coming weeks for the support of about 568 million HUF in the scope of the establishment and operation...

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Economic sentiment further deteriorated in the euro zone

The business and consumer sentiment in the euro zone was worse-than-expected and decreased in August, – shows the datas of the European Commission, released on Thursday. This is the fifth...

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One and a half billion HUF capital increase at the Gyulai Húskombinát

The government declared the Gyulai Húskombinát as a strategically emphasized company –announced Feldmann Zsolt, deputy state secretary of the Rural Development Ministry on Thursday morning in the Kossuth Radio. He...

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Less selling places and significant price increase are waiting for the smokers

Nearly 35 thousand tobacco outlets can disappear in Hungary next year, while smokers can buy cigarettes in the remaining four to five thousand tobacco shops on higher prices. The average...

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OTP: the expenses of Hungarian households are very high

An average Hungarian family spends an annual 420-600 thousand HUF for overhead – shows the recent survey of OTP. The survey found that 55 percent of families pay 25-50 percent...

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Cod and chips world record battered in Doncaster

A Doncaster chip shop claims to have broken the world record for the largest portion of cod and chips, BBC announced. Scawsby Fisheries served 33lb (15kg) of battered cod alongside...

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A pioneer importeour

The finalists in this year’s SIAL d’Or (Salon International de l’Alimentation) new product competition epitomise the most innovative products – and possible fresh concepts to introduce into the South African...

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IBM forecasts better months for merchants

Sales of home furnishings in the U.S. are expected to shoot higher in the second quarter, with in-store sales increasing nearly 8 percent to $23.222 billion and online sales increasing...

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Magazine: Trends in the first half of 2012

US magazine Restaurant News published the results of a Datassential survey on restaurant trends in the first half of 2012. The study emphasised the following 4 characteristics: 1. using special;...

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Buda Castle full of beer again – the 2nd Buda Castle Beer Festival opened its doors

The 2nd Buda Castle Beer Festival awaits its guests from Wednesday with nearly 200 varieties of domestic and international well-known and lesser-known beers and beer specialties as well. At the...

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Harvest Festival in Eger

The Harvest Festival of Eger will be held on the 21st and 22nd of September in the Szépasszony Valley. On the first day of the festival, wine presentations, tastings competitions...

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Research on rural tourism

A PhD research has started entitled “What is the value in rural tourism in Hungary for tourists?” in order to recognize the needs and motivations of tourists. The niche research...

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Fruits at the price of gold

Data from the latest report of the Agricultural Economics Research Institute (AKI) reveals that at the Budapest Wholesale Market domestic pepper was sold at a higher price than last year....

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The government decided to help the farmers

The government decided on the mitigation of drought damages on Wednesday's meeting, especially about the solving of the feed market troubles and about the curing of the situation of the...

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Worsening food shortage can force the human race to vegetarian diets

The human race has to face radical changes, due to the escalating food supply problems. Among other things, the 9 billion world population (expected for 2050) has to change its...

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The multinationals can come: Hungarian webshops do not feel threatened

Three-quarters of the webshops would develop their businesses further with the enlargement of the product range, and only one-third of them seeing a greater risk in the appearance of foreign...

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The start of the school costs tens of thousands HUF to the families

Less than one week left from vacation: On the 3rd of September, about 1.3 million students will start the school year. The start of the school costs tens of thousands...

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METRO became 18 years old

This year is special in the life of METRO Kereskedelmi Kft. as the department store chain is celebrating the 18th anniversary of its existence in Hungary. In 1994, METRO opened...

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This year, Tényő and Debrecen cooked playgrounds

Unilever’s “Cook a playground” program ended in mid-August this year. After the summary of barcodes and bills soon it will be revealed wich settlement won the modern and safe playground....

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The new Carrefour-Chief brought a turning point

The new Carrefour-Chief reversed a five-year negative trend – and he still not revealed his plans. Georges Plassat came into office to the world's second largest retailer, the Carrefour three...

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Harvest Days in Kiskőrös

The twentieth Kiskőrös Harvest and Slovak National Days will be held between 31 August and 2 September. The Wine Street of the event will be longer than ever with the...

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More than 170 million HUF development in the paper factory of Fűzfő

The Fűzfői Papírmanufaktúra Kft. developed its Balatonfűzfő-based plant with a more than 170 million HUF investment. The school supplies manufacturer won for the renovation of the six thousand square meters...

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Magazine: In top restaurant quality

Primizie, a New York-based company that supplies the restaurants of Daniel Boulud and Thomas Keller, now sells its extra premium pastas, olive oils, truffles, spices, hams, etc. on the Internet...

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Budapest was selected among the most beautiful cities again

The ucityguides.com set up the top ten list of the most beautiful cities of the world. Budapest is also included. There are no large surprises on the list, and although...

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Stars of NIVEA are here

Nivea Soft Intensive Moisturising Creme with zodiac signs is a delightfully light-textured, dermatologist-tested moisturizing cream that gives your skin a revitalizing, refreshing feeling. It spreads easily and is quickly absorbed...

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Sony Introduces Xperia Phones at IFA in Berlin

At a packed press conference at its booth at IFA in Berlin, Sony CEO Kazuo Hirai introduced several new products including three phones to be sold under the Xperia brand....

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The special segment keeps strengthening

From 100 Hungarians only 9-10 can say that they have no teeth problems. It is especially people above the age of 35 who suffer from bleeding gum or dental plaque...

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Partner In Pet Food: new investment, new products

Partner In Pet Food’s dry dog food production facility completed a major investment this spring, as a result of which the plant has become capable of manufacturing soft bits too....

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