News and articles

Collection started in Vienna and Bratislava for the Santa Claus Factory

The Hungarian National Tourist Office also assists in the work of the Santa Claus Factory. The staff working in Vienna and Bratislava are compiling a package to help the children...

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Colorado coming to Budapest

Come and enjoy the closing event of the Hungarian Discover America Committee’s Food / Destination Promotion. The Colorado-Inspired Steak Dinner will be held at Le Méridien Budapest, on December 8th...

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The Bricostore justifies the withdrawal from Hungary with the economic crisis

At least 1,000 employees will lose their jobs following the closure of shops Bricostore of Hungary on December 31, 2012, Sáling József, union leader said. According to Sáling József, Bricostore...

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Sms code in order to safer credit card payment

The K&H Bank allows its customers to purchase safer online, via its Visa and MasterCard SecureCode services. During online shopping, the cardholders will receive a security code by sms from...

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The FATOSZ requests the fixing of the basic concept of rural tourism

The National Federation of Rural and Agrotourism (FATOSZ) requested the fixing of the basic concept of rural tourism at the subcommittee meeting of the parliament’s National Sport and Tourism Committee...

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Businessmen of the year

Enst & Young has opened its special galaevening for the ninth time, within the compass of which the Businessman of the Year award has been given to the most oustanding...

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KSH: industrial production decreased by 3.8 percent in September

The volume of industrial production decreased by 3.8 percent in September, compared to the same month of last year. In September this year, there were two less working days than...

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The President of the European Council proposes drastic cutbacks in agricultural subsidies

The President of the European Council submitted a proposal to the Member States, which could result in 573 million euros reduction for Hungary's agricultural subsidies in seven years. Beside the...

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Sugar and coffee remain weak at the commodity exchanges

The weak demand, the large stocks and good yields all contribute to this trend. The production of sugar in the past years always exceeded consumption, the excess was manifested in...

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Lázár: Let the tobacco shops to sell lotto and lottery tickets

The leader of the Prime Minister’s Office proposes to let the tobacco shops to sell lotto and lottery tickets. Lázár János initiated the amendment of the tobbacco shop law on...

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Europe's highest rents can be found at Champs-Élysées in Paris

Cushman & Wakefield has compiled this year’s list of shopping street with the world's highest rents. Among the 326 locations of sixty-two countries rising rents were measures in 147 cases...

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The Gyulai Húskombinát can be operated

The Gyulai Húskombinát is in a better position than the meat factory of Kapuvár, the plant can be operated with rational management and conservation of the brand products – Budai...

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Hungary joins to the European waste reduction week

This year, for the first time Hungary joins the European Waste Reduction Week, that will be held between 17 and 25 November – the National Waste Management Agency (OHÜ) announced....

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Starbucks expands its business with tea distribution

Starbucks Corp. extended its push beyond coffee with its largest-ever acquisition, saying Wednesday that it plans to pay 15.50 per share, or 620 million USD cash, for Atlanta-based tea retailer...

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Henkel fully committed to achieving 2012 targets

Sales rise 6.6 percent to 4,294 million euros (organic: + 2.5%) Adjusted* operating profit: + 16.7 percent to 631 million euros Adjusted* EBIT margin: + 1.3 percentage points to 14.7...

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New Eucerin Study: Alliance Against Aging

Even though women do not like to admit that they undergo beauty treatments, there is no doubt that minimally invasive anti-aging treatments and wrinkle filler injections are a mega trend....

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Germany wins record number of Michelin stars

Germany has increased its tally of top-ranked restaurants in next year's prestigious Michelin guide, unveiled on Wednesday, and has a record number of eateries with star status. The three stars...

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Purchase vouchers due to system errors

Bank Austria issues a total of 21 million euros worth purchase vouchers to their internet banking users as a compensation for system errors lasted for a week. The system errors...

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Fifteen Budapest restaurant also offers the French newwine

French celebrate the Beaujolais nouveau, the newwine on 3 November every year. On this day wine-laden aircraft are taking off to every part of the world. They deliver the most...

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Magazine: A place where traditions reign

MVI and Coninvest Kft. organised a field trip to the Lake Garda region between 4 and 7 October. Restaurant owners, confectioners, chefs and suppliers were all among the participants of...

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Hungarian Flavours Fair opened for the fourth time

The Hungarian Flavours Fairs was organized for the fourth time between 16 – 18 November 2012, in the B building of the Millenáris, in Budapest. Vistiors could meet specialties like...

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Greenpeace: Say no to genetic engineering

While scientific progress on molecular biology has a great potential to increase our understanding of nature and provide new medical tools, it should not be used as justification to turn...

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GDP decreased by one and a half percent in the third quarter

Hungary's gross domestic product (GDP) decreased by 1.5 percent in the third quarter of 2012, while with seasonally and calendary effects adjusted a 1.6 percent decrease occurred, compared to the...

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Consumer climate remains constant

The variable development of the consumer mood once again continued in July. On the whole, income expectations and willingness to buy remained at very good levels. The latter improved slightly...

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National tobacco shop applications have been published

The National Development Minister published the details of the tender on Thursday. According to the tender, published on the government’s website, the concession fee in settlements, with less than two...

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Coop acquired over 60 Match and Profi stores

One of Hungary's greatest retailer Coop Group has finally sucessfully closed the acquisition process of Match and Profi stores. As a result, 62 Match and Profi stores will be owned...

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The Christmas fair opens on Friday at the Vörösmarty square

The 14th Budapest Christmas Fair at the Vörösmarty Square waits its guests from Friday, with juried craft products, culinary specialties, performances. A total of 122 stalls and vision workshops are...

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CBA acquired 48 Profi and Match stores

CBA took over 48 Match and Profi stores in Budapest and Pest county, and Coop will take the rest of the units, with possible overlap in some regions depending on...

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Kapuvári Meat Factory: no chance of restarting

The liquidator of the Kapuvári Meat Factory does not see any chance to restart the plant. He believes that the seek for investors for the company will begin in January....

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The VM conducts a survey on local farmers markets

The Ministry of Rural Development (VM) conducts a survey on the local farmers markets. The goal of the ministry is to create a national market system, and to provide legal...

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