News and articles

Premium brand for SPAR

A new product family was introduced to the customers under the name SPAR PREMIUM, starting from 24th November 2011. The product family consists of more than sixty Hungarian and international...

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New Henkel CFO

Effective July 1, 2012, Carsten Knobel (42), Corporate Senior Vice President and Financial Director of Henkel´s Cosmetics/Toiletries business and responsible for Corporate Controlling, will succeed Lothar Steinebach (63) as Chief...

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Price debate behind the secession of the Arzenál

One of the major member of the Reál network will stand on its own feet and takes up to three hundred shops with itself – writes Origo. The Arzenál expects...

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CSAOSZ: The latest law amendment of the product fee affecting the packaging industry badly

The Parliament adopted the law amendment of environmental product fee tax on the 21st of  November 2011. The increase of fee rates means a 10 billion HUF additional burden for...

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Transparency is the condition of the dialog

According to the opinion of stakeholders and on the basis of the analysis of corporate websites; transparency is the strongest area of responsible operation. Stakeholders considered the performance of domestic...

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Hungarian Bioethanol Association: the government declared war on bioethanol

The Parliament adopted next year's tax laws along with the 4662/87 amendment. The excise tax on bio-ethanol will increase by 70 HUF per liter which is together with the VAT...

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Winemakers can apply for developments for four more days until now

Wine producers can submit their applications until December 16 for non-refundable technology developments – said the Ministry of Rural Development (VM) on Monday. The Ministry draws the attention in itscommunication...

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ULT Hungary Zrt: tobacco acquisition started

ULT Hungary Ltd. started to buy Burley tobacco, grown this year – writes Kelet-Magyarország. The company calculates with buying about 2,600 tons of naturally dryed Burley tobacco, about a thousand...

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Magazine: Four trade fairs in one

Promotion – business communication, Printexpo – printing industry and digital technology, Budatranspack – packaging industry and logistics and Service Expo – business services and solutions: 200 exhibitors showed what they...

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The healing effect of white tea, miraclenut, and of rose was justified

British researchers found while analyzing the antioxidant impact of plants used in folk medicine for thousands of years that white tea, miraclenut and rose are containing a lot of anti-inflammatory,...

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Hévíz: Russians in the spa

The official figures also show that among the Russians and the Ukrainians, the interest towards Hévíz is vigorously growing. Horváth Orsolya, Managing Director of the Hévízi Turisztikai Nonprofit Kft. notes...

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The chef of Costes restaurant at the Wine Professional Exhibition in Amsterdam

Miguel Vieira, the chef of Costes restaurant will provide a presentation at the Wine Professional Exhibition in Amsterdam, that will be held between the 9th and 11th of January. The...

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New CEO for L’Oréal Hungary, Slovakia and the Czech Republic

The new CEO of L'Oréál Hungary, Slovakia and Czeh Republic is Laurent Boukobza. The 44 year old expert used to work for companies like Werner Lambert or Pfizer, and joined...

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No pay rise for those who make more than the minimum wage

According to a new survey by GKI, about 79% of Hungarian companies with annual net revenue over 250 million HUF plan to use the increase in the minimum wage as...

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Online shopping is taking the world over

The Internet has transformed many aspects of life, but perhaps none more so than how we shop for goods and services. While it’s still nice to stop by a store...

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Tesco is doing another online auction

Based on the success of the previous, autumn auction of Tesco, the company is about to launch another online auction in order to sell their used equipment and tools. The...

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European finance policy: criticism of crisis management dominates

Despite the crisis, private investors in Europe still believe in their currency. The majority believe in the continued existence of the euro. This confidence is only crumbling in the crisis...

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KSH: The Hungarian economy rose by 1.4 percent in the third quarter

Hungary's gross domestic product (GDP) grew by 1.4 percent in the third quarter of 2011, compared to the same period of the last year. According to the seasonally and calendar...

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The small markets help the market access of the local farmers

The Ministry of Rural Development seeks that the local farmers' products to reach consumers in the shortest possible way – said V. Németh Zsolt, State Secretary at the Ministry of...

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FAO reports about decreasing food prices

According to the fresh analysis of UN's Food and Agriculture Organization, global food prices have slowed a decline in November. The FAO food price index was 215 points in November....

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Award-winning Hungarian champagne at the world's biggest champagne competition

The Szent István muscat champagne became gold medalist at the world's largest champagne competition at the 9th edition of the Effervescents du Monde competition, France. At Thursday's press conference held...

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Good news at McDonald's

McDonald's has reported positive news. At the company's restaurants that are open for at least 13 months, in the last month, a 7.4 percent growth in turnover was recorded. It...

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Santa Claus Factory – Twice as many gifts on the first day, compared to the previous years

Gifts donors brought twice as many gifts on the first day of the Santa Claus Factory, compared to the previous years – told the organizers to MTI. The Santa Claus...

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Nestlé increased the number of its workplaces in Hungary

According to Nestlé's third sustainability report, published on Thursday; despite the prolonged economic crisis, Nestlé is able to maintain its Hungarian workforces. The company employed more than 1,300 employees in...

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The horticultural sector provides new workplaces

In Hungary, the circumstances are fine for the horticultural sector development, Zsolt V. Németh, secretary of the Rural Development pointed out on Thursday within the compass of FruitVeb's annual conference....

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Hungarian chain is one of the Business Superbrands-winner

The Coop chain has won its first Business Superbrands award within the compass of Superbrands 2011 (see complete list of winners in our previous article about the event)....

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Coca-Cola's secret recipe gets a new home

Coca-Cola withdrew its secret recipe from a SunTrust bank this week and drove it over to a new Coke museum in downtown Atlanta. But you can't see it: The 1886...

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PannonMill is closing a successful year due to high wheat-prices

PannonMill Ltd is closing the fiscal year with an impressive 19.1 billion HUF net revenue on 30th September, which is a significant step ahead compared to last year's 11.5 billion...

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Cows kept on marc give more milk

The milk yield of cattle, feed with marc significantly improved, in addition the amount of methane emitted by animals reduced greatly – Australian scientists told on Thursday. The amount of...

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Budapest – Shanghai 0 km

Ffty Chinese companies introduced themselves in the Asia Center (CBTC). The China Brand Trade Center started the work in June presenting the products of the companies from the south-east Chinese...

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