News and articles

Lidl to sell mobile subscriptions

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

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

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

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

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

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

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

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

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

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

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

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)

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

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

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

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

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

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

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

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

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

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

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

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

’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

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

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

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

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

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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