News and articles

House of Hungarian Tastes in the Coop of Gödöllő

The first joint business of Coop and the House of Hungarian Tastes opened in Gödöllő. The Hungarian-owned supermarket chain sells the food products of domestic producers, in a “shop in...

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Bunge Zrt. is still the market leader in the edible oil market

The company's Martfű-based vegetable oil factory maintained its market leadership in Hungary, despite the 6 percent fall of the the oil market. The company holds 70 to 75 percent of...

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Coop spent five billion HUF on IT

Izsófalva, Borsod-Abaúj-Zemplén county has joined to the IT system of Coop as the thousandth unit on Wednseday 12 October.  The store was built from two hundred million HUF employing eleven...

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Euronics opens new stores in the Corvin shopping Center and in the KÖKI Terminal

The Veszprém-based Euronics-Vöröskő Kft. opens two 1,600 square-meter Euronics Mega stores at the same time tomorrow, so the company will have nine stores in Budapest and 65 across the country....

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Praktiker awaits its customers with culinary experiences

Praktiker awaits its customers with beer and sausages in the second half of October. The culinary experiences will be completed with unique shopping action with 20 percent discount. In order...

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The OBI opened a store at the KÖKI Terminal

OBI continues to expand in those rural areas where it is not present. The model for the developments will be the store at the KÖKI Terminal (Kőbánya-Kispest) – said Christoph...

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Magazine: Cat food’s market position strengthened

The value of the annual pet food market is around HUF 40 billion, 60 percent of which is spent on dog food and 40 percent on cat food. Dog food...

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Record traffic at the Liszt Ferenc airport in September

Budapest Airport registered the strongest ever traffic in September this year, so the third quarter ended well and the 8.7 million annual passenger traffic seems to be available – told...

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Leisztinger does not not sell his hotel chain

The Hunguest Hotels hotel group will not be sold to a new owner, it remains under the direction of Leisztinger Tamás – informs Népszabadság. According to the earlier plans; the...

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Improvements in the thermal bath of Lipót

A campsite, capable to supply two hundred-two hundred and fifty guests will be established near the Lipót bath. The 132 million HUF investment aims to extend the season and increase...

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Hungarian Party in Brno

Hungarian music, folk dance, dance teaching, wine-tasting and gastronomy are in the major focus of the Hungarian Party in Brno, Czech Republic on Saturday this week. More info can be...

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CAP-reform critized by Austrian agricultural minister

Austrian agricultural minister Nikolaus Berlakovich expressed fierce criticism when it comes to the draft of Commmon Agrarpolitics (CAP) on Thursday in an interview given to Radio ORF. He is in...

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First spirit- and double sausage festival of Debrecen

The first Spirit- and Doublesausage Festival of Derecen is about to open its gates this weekend for the first time, under the name Debreczeni Zamat Pálinka és Pároskolbász Fesztivál –...

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New CAP discussed in Budapest

The new EU Common Agricultural Policy (CAP) was presented to professionals in Budapest, the draft is expected to enter into force in the beginning of 2014. Péter Bokor, the Agricultultural...

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Anuga: New strategies and price-plocies are the way to keep up with the competition

“All 6600 exhibitors and 60 professional programs reflect the way the FMCG-scene is trying to keep up with incredibly fast changes the market has brought about in the past couple...

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The government would easen the establishment of local markets

It would be a relief, that no permission would be needed to the establishment of local markets, a notice would be enough as well. The government expects that due to...

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This year's corn crop in Zala is less than last year's

The yield per hectare of corn is more than one ton less this year in Zala county, than in the recent years – told Fentős János, Head of Department at...

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New leader at POS Media Célcsoport Hungary

After having spent more than 10 years in the field of instore communications, strategic director of the company Péter Kovács is leaving “the board” with mutual agreement, and his tasks...

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Analysts surprised by the Euro-zone' industrial production growth

Euro zone's industrial production unexpectedly rose in August. The monthly increase is the second now in row, primarily led by French, Portuguese and Italian production volumes, which could offset the...

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Advanced training will start in Gödöllő from eco plantation

The Gödöllő-based Szent István University prepares to launch an eco vegetable and fruit production training – told Matthew Hayes, university professor to MTI. He told that the two-year training is...

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Pepsi reported two billion USD quarterly profits

The shares of PepsiCo. Inc. began to rise before the opening of the U.S. market after the company's third-quarter profit increased to 2 billion USD (1.25 USD per share). These...

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Pig farming declines in Austria as well

The decline of peasant farms is unstoppable in Austria. Only the larger companies are able to survive. 15 years ago, 239 thousand farms were in Austria with a size of...

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Magazine: CIB FaktorFactoring

CIB FaktorFactoring: the crisis is overAfter the contraction in 2010, the domestic factoring market started expanding again in 2011. Since there have not been major changes on the credit market,...

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The number of tourists increased the most in Northern Hungary

Among the nine tourist regions of Hungary, the number of tourists increased the most in Northern Hungary. On the basis of the datas of the Central Statistical Office (KSH), the...

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Tuscany declared war on fast-food restaurants

Campaign began against a kebab and fast food restaurants in Tuscany. The council of the famous spa town Forte dei Marmi banned the opening of new fast food restaurants, because...

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The dinners of Hungary's best restaurants at a charity auction

Hungary's best restaurants offer their dinners for two, in the scope of the charity auction of  the Szent Márton Gyermekmentő Szolgálat (St. Martin's Child Safety Service). One can bid on...

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Frost damage compensation – five thousand farmers get help

About five thousand farmers affected by the frost damage in Szabolcs-Szatmár-Bereg County receive assistance from the agricultural production system in the form of a compensation – regional leader of the...

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Corruption in public procurement and in general in Hungary

GKI conducted a survey about corruption penetration and perception of corruption in the Hungarian economy. This study summariee the most important result and formulated proposals to the Public Procurement Council,...

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Old Hungarian brand Mirelite is here again

The fourth day of Anuga saw the resurrection of an old Hungarian brand Mirelite. In the hall of frozen products, the stands of Albertirsa-based Mirsa company was visited by 150...

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GKI: Consumption drops by 3 percent next year

According to the forecast of GKI Economic Research Co. prospects for the next year are gloomy, and recession is looming, though less deep than two years ago. This is only...

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