News and articles

The GDP forecast of economic researchers for 2012: GDP will be between plus 0.3 and minus 1.5 percent

Kopint-Tárki forecats a 0.3 percent economic growth, while the Pénzügykutató a 0.7 percent decline, the GKI Economic Research forecasts 1.5 percent decrease in GDP next year. According to the Thursday...

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The webstores are the real winners of Christmas

Although it is still a week left until Christmas, now it is likely that the online shopping season ends with a remarkable success in Hungary. Internet sales are becoming increasingly...

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Sales of hair colouring, body lotion and toilet paper rose 1-6% in volume terms

Retail sales in Hungary of household chemicals and cosmetics fell 1% in value terms and 3% in volume terms in January-October from the same period a year earlier, market research...

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Increase on the market of luxury products

The global economic crisis created exactly opposite effect on the market of the most expensive products, the luxury trade representatives are reporting increasing revenues. This trend indicates that the richest...

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The Association of the Hungarian Tobacco Industry will be terminated

At the end of January, the Association of the Hungarian Tobacco Industry will be terminated – informed the organization MTI over the this decision, at the alliance's extraordinary general meeting...

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The NAV seized thousands of illegal alcohol products

In a two months time, thousands of liters of illegally produced alcohol products and more distilling equipment were seized by the National Tax and Customs Administration (NAV) – told the...

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Hungarian wine also participated at the ceremonial dinner of the Nobel Peace Prize Ceremony

The 2007 vintage 5 butt Aszú wine of the Royal Tokaji wine cellar took part at the gala dinner of this year's Nobel Peace Prize Ceremony. The event was held...

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Latest GfK data on the worldwide photo market in 2011

Technical innovations are the main reasons why consumers are happy with the latest digital cameras – even if they already own an older model. There is a particular demand for...

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Five new accomodiations in Szeged with 1 billion HUF support

The Mozart and the Soleil have been opened and three of the smaller hotels received EU supports in the recent years. The Szent János has beencompleted the Tiszavirág is under...

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Exciting diversity of events for ProWein 2012

With over 3,700 expected exhibitors from around 50 countries, ProWein 2012, from 4 to 6 March, will once again provide a unique comprehensive reflection of the international wines and spirits...

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GKI-Erste economic sentiment index reached its lowest level in the past two years

In December, after an almost continuous decline of ten months, GKI-Erste economic confidence index adjusted for seasonal effects fell to its biannual low. According to the empirical survey conducted by...

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Tobacco-products might become a state monopoly

Tobacco-product retail might turn to be a state monopoly from 2012, in case the Parliament says yes for the law to protect minors and re-regulate the rules of tobacco retail....

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SGS: tests protect the brand and the consumer

SGS’s food testing services span the entire food supply chain from raw and semi-manufactured foodstuffs to final products in all principal food segments, helping protect consumers from potential hazards such...

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People over 70 gives generous gifts

People over 50 will spend an average of 44,188 HUF this year on Christmas presents. People over 70 are those who spend the most on gifts, an average of 57,333...

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KSH: 29 thousand people more worked for businesses in the first ten months

In the first ten months of this year, 29 thousand (1.6 percent) more people worked in the business sector more than in the same period in 2010. In the national...

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The Futureal is confident that the Etele City Center can be built

Most of the developers and traders are adversely affected by the plaza stop, approved at the end of November. The government's measure that aims to support retailers, makes the situation...

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Tettye spring water being sold in the Zsolnay quarter

The high-quality spring water bottled by the Tettye Forrásház Zrt. will be sold in the recently opened Zsolnay Cultural Quarter. The Tettye Forrásház announced in spring 2010 to begin the...

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China reduces import duties on more than 700 products next year

In order to boost the domestic consumption and to subserve economic restructuring Beijing reduces import duties on more than 700 products from the 1st of January – announced the Ministry...

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Wine short stories on the bottles

The Italian Feltrinelli bookstore chain allied with Northern Italian wine producers. The writing on the drink can be read on the side of the bottle. The cooperation lasts for 6...

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Hypermarkets may be left out from the Erzsébet voucher

Two weeks and the new cafeteria system enters into force. Its newest member, the Erzsébet voucher is still surrounded by great silence. It seems that the multi-national merchant chains will...

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The development of the Castle Bath in Gyula can begin in the spring

During the development – carried out with EU support – in a year a 6400 square-meter spa will be established – announced Görgényi Ernő (Fidesz) major, in Gyula, Békés county...

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The operator of the Hotel Aranybika will not be liquidated

The liquidator of the Cívis Hotels Zrt. Buga Imre has refuted the news that the operation of the Hotel Aranybika may be threatened, due to the liquidation of the hotel...

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EU's food charity program's funding will not be cut

The EU decided not to cut funding for a program that has helped feed the continent’s poorest citizens for the last 25 years. As the economic downturn drags on, more...

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Purchase Hungarian products!

Veddamagyart.info is a Hungarian website promoting the purchase of Hungarian products. Purchasing local product has turned out to be a conscious and trendy customer attitude in the past few years,...

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New Lidl store in Budapest

On 15th December, Lidl has opened its newest store in Budapest. The store is located in district 3, at Bécsi út 325-337., under 1200 square meters, with a wide selection...

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Hungarian Grey cattle meat under protection

The European Commission has registered the “Hungarian Grey cattle meat” into the register of protected and designations of origin geographical indications – told the Ministry of Rural Development (VM) to...

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The price of pork may exceed 400 HUF

The price of live pigs could stop, but it has not yet built in in the transfer prices, so continuous price increase of meat and meat products is expected in...

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Hungary's GDP per capita is under the two-thirds of the EU average

The per capita GDP in 2010, was 64.7 percent of the EU average in Hungary – reported the Central Statistical Office (KSH). In Hungary, the per capita GDP calculated on...

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Forty-seven tons of cargo was withdrawn by inspectors

During the first phase of the winter food chain control – which took place between November 21 and December 4 – food security professionals withdrew a total of 46.7 tonnes...

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Fornetti Romania requested bankruptcy protection

The Fornetti Romania initiated bankruptcy protection proceedings on Monday in the competent court in Temesvár (Timisoara) – told the owner the Hungarian Fornetti Holding Ltd. to of MTI. According to...

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