News and articles
Lidl to sell mobile subscriptions
Date: 2012-01-17 12:10:31
Discount hypermarket chain Lidl will start selling mobile-phone subscriptions in the first quarter, news website hwsw.hu reports. Industry sources speaking on condition of anonymity said Lidl will not become a...
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Support for goat keepers
Date: 2012-01-17 12:10:15
The Magyar Agrárkamara (Hungarian Chamber of Agriculture) grants support to the she-goat keepers. The amount of the support is 3,000 HUF per goat. The applications should be sent by mail...
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New marketing leader at Sága Foods
Date: 2012-01-17 12:07:38
Starting from May 2012, the new marketing leader of Sága Foods is Boglárka Grabant, who has joined Sága Foods in January 2011 as a brand manager. Sincee May, she has...
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Magazine: Non-food: manufacturer brands became more muscular
Date: 2012-01-17 12:04:39
We can observe different trends in the retail sales of individual household chemical and cosmetics categories. For instance, from the 60 categories audited by Nielsen, body lotion and toilet cleaner...
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A high number of entries at the regional pálinka competition
Date: 2012-01-17 12:04:19
A total of 346 pálinka entries arrived from seven counties (Borsod-Abaúj-Zemplén, Hajdú-Bihar, Heves, Nógrád, Pest, Jász-Nagykun Szolnok, and Szabolcs-Szatmár-Bereg), to the 3rd Regional Pálinka Competition of Onga received but entries...
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PwC: fringe benefits became more expensive
Date: 2012-01-17 12:01:36
According to the PricewaterhouseCoopers consulting firm; the fringe benefits became more expensive this year,. From the 1st of January, the 10 percent health care contribution should be paid after them...
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Increased customer traffic is expected at the Lake Tisza this year
Date: 2012-01-17 12:00:54
After last year's decline, the Lake Tisza Regional Marketing Board (RMI) of the Magyar Turizmus Zrt. expects a noticeable recovery in guest traffic this years, due to the new programs,...
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Pannonmill plans a 10 percent price increase from February
Date: 2012-01-17 12:00:52
The price of the products of the PannonMill Malomipari Zrt. Will increase by 10 percent from the 1st of February – told the company to MTI on Tuesday. According to...
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The Chinese-Hungarian Business Council was etablished
Date: 2012-01-17 11:14:25
The Chinese-Hungarian Business Council(KÜIT) held its inaugural meeting in Budapest on Tuesday. The council’s Hungarian co-chairman is Csányi Sándor, the co-chairman of and the president and CEO of OTP Bank,...
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The post office palace in the downtown may be a luxury hotel
Date: 2012-01-17 11:01:58
The building of the Main Post Office in the downtown can be renewed as luxury hotel. The building complex is bounded by the Petőfi Sándor Street, Városház Street and Párizsi...
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More and more elderly connect to the Internet
Date: 2012-01-17 10:09:46
According to the survey of NRC market research; nearly 4.5 million people are using internet in Hungary – showed the recent. Among the young people it isalmost no place to...
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IMF: economic activity weakens worldwide
Date: 2012-01-16 13:44:38
The European perspectives are mournful, the risks affecting Europe and the world economy are high – said David Lipton, Deputy Chief Executive Officer of the International Monetary Fund (IMF) in...
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Magazine: Heroes and survivors (part 2)
Date: 2012-01-16 13:24:32
On the second day of the 5th Business Days conference in Tapolca (held on 21-23 September) László Benedek, Heineken Hungária’s sales director was the moderator of the second section, which...
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Successful year for the Hungarian agriculture
Date: 2012-01-16 12:58:48
The Hungarian agriculture closed its most successful year since the EU accession – said Fazekas Sándor, Rural Development Minister. The sector’s performance increased by an about 20 percent in 2011,...
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The majority of the new jobs are created by SMEs in the EU
Date: 2012-01-16 12:58:04
Between the 2002 and 2010 period, 85 percent of the new jobs were created by small and medium-sized enterprises (SMEs) in the European Union – told the European Commission on...
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Darányi Plan: Hungary is an agricultural country originally
Date: 2012-01-16 12:50:30
Hungary “against all contrary opinions,” is an agricultural country originally – said Orbán Viktor, Prime Minister on Monday at the presentation of the Darányi Ignác Plan. According to Orbán Viktor;...
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Fazekas Sándor: wineries can apply for plantation renewal and for technology
Date: 2012-01-16 12:40:03
The wineries can apply for plantation modernization and technology improvements in 2012. Currently there are no available sources for investments – said Fazekas Sándor, Rural Development Minister in Szekszárd to...
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Tesco Hungary wins Sponsor of the Year Award
Date: 2012-01-16 12:33:52
As an award for decade long support given to Robert Burns International Foundation, Tesco Hungary has won the prestigeous Puskás-Ferguson Sponsor of the Year award. Commercial Director of Tesco David...
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HARIBO doubles its capacity in Hungary
Date: 2012-01-16 12:31:49
The company HARIBO company owned by the German Riegel family has decided for a rapid expansion of the capacity of their plants in Hungary in December 2011. The market-leading European...
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GMO maize utilized as animal feed
Date: 2012-01-16 12:20:10
According to Világgazdaság Online; the maize identified during the summer as GMO maize, is used as animal feed. 5 percent of the nearly five thousand acres of crops is matured,...
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Grüne Woche and Fruit Logistica start of the year
Date: 2012-01-16 12:15:13
415.000 visitors attended from January 21st to 30th the “Grüne Woche” (Green Week) in Berlins Fair Center, and had the chance to enjoy KIKU®. Some Thousands visitors were amazed when...
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Ukrainian grain harvest may be smaller by one-fifth this year
Date: 2012-01-16 12:10:02
Compared to last year, an about 22 percent decrease in the amount of grain may occur this year in Ukraine, especially due to the extreme drought, during the the autumn...
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NÜSZ: six million Erzsébet-vouchers have been produced until now
Date: 2012-01-16 12:00:32
The production of the Erzsébet-vouchers lasts since the 21st of December. Since then about 6 million vouchers have been produced – told the voucher’s issuer, the National Travel Service Ltd....
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Hungarian and Russian hotel purchases in Eastern Austria
Date: 2012-01-16 11:47:45
In Eatern Austria, Lackenhof am Ötscher was once a popular sport center. But since the 1990s, it was slipping down. Today, fun dominates the small town again, not least thanks...
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Volunteer of the Year: Balázs Cseh, leader of the Hungarian Food Bank Association
Date: 2012-01-16 11:28:57
’The Volunteer Of The Year’ was Balázs Cseh, the leader of the Hungarian Food Bank Association, ‘The Year Volunteer Program’ award for NGOs was given to the KÖZ-Pont Youth Association...
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FAO expects a decrease in food prices
Date: 2012-01-13 14:30:49
According to the UN Food and Agriculture Organization; the decline of the global food prices began late last year is expected to continue – writes MTI. The FAO analysts expect...
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Last year, the value of retail investments in Europe exceeded 28 billion euros
Date: 2012-01-13 13:10:11
Despite the continuous uncertain economic environment retail investment in Europe closed with strong profit in 2011, despite – shows the survey of Jones Lang LaSalle. The preliminary datas show that...
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Last year's costs may also factor this year's bread price increases
Date: 2012-01-13 13:00:48
Because of the weakening forint and the rising energy costs a continuous increase is expected in the price of bread and bakery products – told Werli József, Secretary General of...
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Big Mac index: the Swiss franc is the most overvalued currency in the world
Date: 2012-01-13 12:50:02
he forint is one of the most undervalued, but the Swiss franc is the most overvalued currency in the world – on the basis of Economist’s latest Big Mac index....
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The Rétimajor-based Aranyponty Zrt. doubled its profits
Date: 2012-01-13 12:40:55
After the 860 million HUF revenue, the Rétimajor-based Aranyponty Zrt. reached over 1 billion in revenue last year, and doubled its profits increasing it to 100 million HUF – told...
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