Company and Personal News

KSH: unemployment data proved to be better than expected

Unemployment data published by the Central Statistical Office (KSH): Hungary's average employment rate for July-September fell to 10.9%, while the number of employed rose to 3,823,000, KSH said in the...

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The GVH fined 16 grain processor for 2.3 billion HUF

Because of their participation in cartel, causing losses to Hungarian consumers, the Competition Authority (GVH) fined 16 grain processor for 2.3 billion HUF – announced the Competition Authority on Thursday....

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Improved economic sentiment in the euro area

The European Commission's overall economic sentiment indicator (ESI) is rising for the fifth month in October, increasing from 103.2 points to 104.1 points, compared to the previous month. The positive...

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The sugar demand of China and India will cause sugar price increases

Acccording to the British Czarnikow institution; The demand for sugar will sharply rise in the next twenty years, but the production is unable to follow the demand. Mainly due to...

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Tesco may be fined for millions of forints

The exact amount of the penalty will be disclosed later. The National Labour Inspectorate (OMMF) found irregularities in several areas of the Tesco Stores Ltd., and thereby “several million forints...

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This year, the meat will not be more expensive

In Hungary by the end of the year, meat prices are not expected to increase, but in the first or second quarter of 2011 an increase in prices may come...

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Two new Starbucks will open this year in Budapest

According to the informations of Pénzcentrum.hu two new Starbucks will be opened in Budapest, this year. The first will begin operation in November, in downtown Pest. The café is situated...

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Cerbona at the edge of bankruptcy

The Székesfehérvár-based Cerbona Co. will held a general meeting on the 10th of November. According to the management; several of its financing banks of the company's terminated the contracts. This...

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Hungarian success by Mirelite-Mirsa at SIAL

Trade Magazin, being a part of the international SIAL d'Or jury, offers its partners every year the possibility of introducing HUngarian products within the compass of the tradeshow. This year,...

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Praktiker: declining turnover, improving results

According to the quarterly flash report of the Praktiker Bau- und Heimwerkermärkte Holding AG; Praktiker has increased its results, despite declining turnover. The company could increase its revenue on the...

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Online trade: Teszvesz and Vatera about to merge

TeszVesz.hu and Vatera.hu, the two major Hungarian online auction portals are about to merge on 1st November this year. The two portals will switch to the name Allegroup.hu Kft, but...

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The Winegrower of the Year will be selected soon

The Winegrower of the Year will be selected within the compass of the sp-called Borest (Wine-evening) at the Wine Academy on 3rd December this year. This competition is the most...

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HUngarian wine-success at Dutch competition Proefschrift Wijnconcours

Merengő 2008 from Eger's St Andrea winery won the platinum award at the Amsterdam Proefschrift Wijnconcours, the biggest wine competition in the Netherlands, on October 10. This means that this...

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The consumer-friendly logo comes in two years

According to the Director-General of the The National Consumer Protection Authority (NFH); the consumer-friendly logo system would be launched in two years. From the first of January next year, the...

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Customers stormed the Corvin: more than 30 thousand visitors on the first day

Hundreds were waiting in front of the gates of the Corvin Shopping Center, that is located on the Corvin Promenade. Hungary's newest shopping center, has successfully opened its doors to...

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45 percent of the employers are planning wage increase for next year

According to DGS Global Research; For 2011 45 percent of employers are planning an average 4.9 percent payment increase, while last year only 37 percent planned an average slightly larger,...

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65-70 thousand visitors are expected to the Sausage Festival of Békéscsaba

The region's largest professional and entertaining event, the Sausage Festival of Békéscsaba will be held between the 28th and 31st of October in Békéscsaba. The festival became one of the...

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Paper-free Tesco

The NetLock Ltd., leader on the Hungarian electronic filing market assists the electronic filing and certification of documents at Tesco. Tesco, with the introduction of HABEL and NetLock solutions focuses...

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Borsodi Brewery Zrt. will become an Ltd.

At the end of October, the Borsodi Brewery will unite with its owner and the same time, the company will turn into an Ltd. During the transaction, the Borsodi Brewery...

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Nespresso is successful

Nespresso achieved outstanding results worldwide, in the first nine months of 2010. The brand's sales volume increased by an average of 20 percent and this dynamic characterized the major European...

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Europeans do not have confidence in meat

According to a recently completed European research; Europeans do not trust in meat. The European Commission launches an investigation to find out what is the cause of the lack of...

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Wine marketing: one billion for the next year

The Agricultural Marketing Center will not be included into other professional organizations, still remain under the control of the Ministry of Agriculture, moreover the AMC will take over the tasks...

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Whole Europe suffers from the lack of potatoes

Hungary will have to import potatoes this year: Usually Hungary produces 600-700 thousand tons, this year’s harvest will be about 350 thousand tons. Due to the lack of potatoes, the...

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The House of Hungarian Wines has re-opened its gates

After a break that lasted nearly for two years, the House of Hungarian Wines – Budai Vár has opened its gates again on 9th September 2010. The house is now...

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Auchan and Spar are “disability-friendly workplaces”

Over the past two decades, increasing attention is paid to people with disabilities. Beside accessibility, the most important tasks are; education and the workplace – stressed Soltész Miklós, State Secretary...

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Corvin shopping center to be opened tomorrow

The French Ségécé group opens its newest shopping mall, the Corvin shopping center tomorrow, on the 27th of October 2010 on the Corvin Promenade The International Property Awards (International Property...

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German criticism on the special tax

The Head of Foreign Economic Relations Department of the Association of German Chambers of Industry and Commerce (DIHK) criticized Hungary for the special taxes on energy and telecommunications groups. Acccording...

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Reconstruction works for Reál stores in Békés county

Gyula-based Élésker Kereskedelmi és Szolgáltató Ltd. has been a member of Reál Hungária Ltd. since 2005. Its outlets have been prsent in seven cities of Békés county: the 18 stores...

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Henkel to build a factory in Tatabánya

Henkel is about to embark on a EUR 14.7 million investment in Hungary, creating jobs for 80 people, the company has announced on Tuesday. IHenkel is talking about a green-field...

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