News and articles

Retail sales will not grow substantially this and the next year

The drop in retail sales may slow down for the end of the year, because of the base effects, but consumption is still not growing substantially, and due to next...

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Prices may grow with a higher extend than the rate of the VAT increase

The Friday announced VAT increase would justify a 1.6 percent price increase, but previous experience has shown, that the majority of firms raises the prices higher than the rate of...

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Tesco and Vodafone established a joint company called Tesco Mobile

The joint venture was formed with half-scale ownership among Vodafone Hungary and Tesco Stores Ltd. to provide mobile services – the two companies announced at a press conference in Budapest...

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Hong Kong is the world's freest economy Hungary is the seventeenth

Similar to the previous years, Hong Kong proved to be the world's freest economy again. The United States is the tenth, Hungary is the seventeenth on the list of the...

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Univer Product expect revenues similar to last year

The management of Univer Product Zrt. calculates with revenues similar to last year, when the company's revenue was 15.1 billion HUF – announced Molitórisz Károly, CEO of the company at...

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The beer importer Belgaco Kft. forecasts revenue growth

The Belgaco Kft. is Hungary's largest importer of Belgian beer. The company this year expects a 20-25 percent revenue growth, compared to the previous year. For this year, 10-15 percent...

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The Wine Wednesday promotes high quality Hungarian wines

More than a hundred restaurants and wine shops to promote quality Hungarian white wines and the wine drinking culture at this year's first Wine Wednesday on Wednesday, the 21st of...

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The Hungarian Sommelier Association has formed

The main goals of the Hungarian Sommelier Association are the regular training of the Hungarian sommeliers, the organizing of professional contacts and joint advocacy. The  professional organization founded in late...

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Online auction from the Tesco

The chain auctions the fixtures of its domestic stores, in a value of about three hundred thousand euros. The stores are constantly being developed, so expectations are high – said...

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If you are wasting, you pay!

Those who do not eat the last morsel of their meal should pay a fine in a restaurant in Saudi Arabia. The restaurant called Marmar has introduced the austerity, notably...

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The 2012 Budget of Hungary

The Hungarian government is firmly committed to uphold the deficit target of 2.5% of GDP as set in the Széll Kálmán Plan and the Convergence Programme even in the volatile...

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Chinese super rice broke world record

The Chinese hybrid rice called super rice broke its own world record with 13.9 tons per hectare yield this year. The DH2525 hybrid rice brought a record amount of 13.9...

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Belgian beer festival in the Museum of Agriculture

The Museum of Agriculture is going to give home to a beer festival from 24th to 25th September. The Belgian beer festival is offering nearly 110 types of Belgian beers...

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NespressoBoutique

NespressoBoutique reopened in downtown Budapest early August. More than 230 such places serve coffee lovers all over the world. Both the concept and the interior are coursebook examples of how...

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NespressoBoutique

NespressoBoutique reopened in downtown Budapest early August. More than 230 such places serve coffee lovers all over the world. Both the concept and the interior are coursebook examples of how...

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Scala restaurant

The best advertisement for four-star Hotel Wellamarin is the two chefs: Gábor Kostyál, the winner of Bocuse d’Or Hungary 2010 and László Szűcs aka Cheflászló, chef and famous culinary blogger....

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Scala restaurant

The best advertisement for four-star Hotel Wellamarin is the two chefs: Gábor Kostyál, the winner of Bocuse d’Or Hungary 2010 and László Szűcs aka Cheflászló, chef and famous culinary blogger....

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Highway Diner

Highway Diner is an American-type restaurant in Aszód. Its interior authentically recreates the style of the USA in the 1960s and 1970s. On the menu card we find hamburgers, hot...

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Highway Diner

Highway Diner is an American-type restaurant in Aszód. Its interior authentically recreates the style of the USA in the 1960s and 1970s. On the menu card we find hamburgers, hot...

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More cereal grown on a smaller area this year

In Hungary, 5.7 million tons of cereal was harvested in 2011, 8 percent more than in 2010, and on a  5 percent less area than last year on 1.4 million...

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The EU Food Aid Program continues

In the scope of the EU Food Aid Program, the aid agencies that already have a signed contract wit the for Agricultural and Rural Development Agency (MVH) continue the delivery...

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ZEW index: German business sentiment deteriorated further

In August, the German business sentiment index, decreased to -37.6 points, from the -15.1 points of July – announced the Mannheim-based European Institute for Economic Research (ZEW). Analysts forecasted a...

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Catering – the new rule is more favourable

In the middle of this year, a new regulation concerning catering units has been reinforced. The main purpose of the new rule is to make basic things more simpler by...

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Warm food shop from the Shell-shops

Shell strengthens its place in the competition with the renewal of its filling Station's shops. The Anglo-Dutch group's European Vice President, Kapitány István, however, is also confident that due to...

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Nearly three hundred Italian bakery products exist

In Italy, more types of bread produced than pastas: the bakery products were counted and found that there are nearly three hundred of them. Half of the Italians consider bread...

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Russia would ban foreigners from retail trade

The Russian government plans to ban foreign citizens from retail trade including markets, from the 1st of January 2012. According to the draft regulation; foreign cititzens are not desirable for...

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Rice dessert was a relative winner on the contracting market

Data by GfK Hungária indicate that reduced spending by households had a negative effect on the dairy snacks market: families bought 10 percent less cooled dairy snacks in the first...

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The Ministry of Rural Development praises the hospitality decree

This mid-year a new business-friendly, regulation came into force that also guarantees high level of food safety – said Kardeván Endre, secretary of state, responsible for agri management and food...

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Guest-friendly actions on World Tourism Day

For the initiative of the Hungarian National Tourist Office on the 27th of September, on World Tourism Day, the sector's service providers in collaboration with the professional organizations will launch...

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