News and articles

The vast majority of domestic organic products find markets abroad

The labor-intensive organic farming may pay an important role in the various employment and social programs – said experts. According to them; the areas involved in production can soon be...

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Czech VAT rate may rise to nearly double

The Czech government plans to raise the value added tax's rate next year, if the economic growth will be slower than expected – said the Czech prime minister in a...

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Coca-Cola waits due to the French soft drink tax

Coca-Cola is waiting with its planned investment to find out exactly the French government's plan for the taxation of carbonated soft drinks. The company would launch a 17 million development...

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One can apply for “The Website of the Year” competition until the 31st of October

One can apply for one of the most significant competition of the domestic online profession “The Website of the Year” competition, announced by the Hungarian Marketing Association and Internet Marketing...

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Domestic tourism performed weak in July

The number of overnight stays decreased by 5.9 percent, the total gross sales revenue declined by 3.8 percent in July compared to July 2010 at the public accommodations – reports...

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More Hungarian tourists in Croatia this year

Following the first two months of summer, August was another successful month for Croatian hotels when it comes to the number of Hungarian tourists – leader of the Croatian Tourism...

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Harvest began at Tokaj-foothills

The harvest of early ripening grapes began on Wednesday in the Tokaj foothills. According to estimates, the crop is going to be over 300 thousands quintals of grapes, and the...

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Pork shortage in China

In China the number of porks is low, the price of meat is 57 percent higher than before. The state launches a 80 billion HUF worth pork plant program. Meanwhile,...

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Food safety: more than 10 thousand controls

In two months of this summer – that is July and August – experts responsible for food safety have carried out a total of 12,500 controls. Throughout these regular authority...

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The excise tax increase may appear in consumer prices

According to traders; the government's intention to increase taxes is moderate, but the increase in excise duty willentirety appear in consumer prices. It is excluded that the trade could swallow...

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The majority owner of the Magyar Cukor Zrt. prepares for price increase

The Austrian Agrana group, which is the majority owner of the Magyar Cukor Zrt. is expected to increase sugar prices by more than 20 percent from October – told Johann...

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Takeover of mill boosts PannonMill's capacity to 300 thousand tons

Milling company PannonMill's takeover of operations at a mill in Baja is going to raise its market share from 20% to 25-26%, chairman-CEO Zoltán Poór pointed out within the compass...

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Central European Top 500: The consumer goods manufacturers and trading companies are among the losers

The Deloitte compiled the Top 500 list of the Central European companies. Mol holds its 2nd position with its 15,530 million euros net income of last year, while Audi Hungária...

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New senior consultant at Interim Management Resourcing

As of September 1 st 2011 dr. András Köves joined the team of Interim Management Resourcing Kft ,as senior consultant. Köves will bring in 30 years of sales and marketing...

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Nestlé won the Stockholm Water Prize

Nestlé is the winner of the 2011 Stockholm Water Prize. The prestigious prize was handed over in the scope of the World Water Week held in the end of August....

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Eu’Vend+Coffeena opened its gates in Cologne

Eu'Vend isl be held in Cologne for the fifth time from 8th to 10th September. We have remained true to our philosophy, retaining tried and tested elements while at the...

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Nielsen receives Business Superbrand Award

Market research company Nielsen was awarded a Business Superbrands award by Superbrands this year. “It is a very valuable feedback about the brand Nielsen. We appreciate the decision of the...

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More support for the restructuring of vineyards

Farmers receive about 12 billion forints in the next two years, for the restructuring of vineyards – the Ministry of Rural Development (VM) has informed MTI. For community-financed program for...

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Motre than thirty wineries at the Szekszárd Vintage Days

More than thirty wineries from the Szekszárd and Tolna region are going to present their wines within the compass of the 7th Vintage Days of Szekszárd, from 15th to 18th...

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Fruit prices go up in Slovakia

According to initital estimates, high-quality fruit will get 10-30 percent more expensive in Slovakia – daily Új Szó from Bratislava pointed out this week. Apple-crop is expected to be about...

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Hungary's competitiveness improved four places

Hungary stands on the 48th place from last year's 52nd place in the global competitiveness ranking of the World Economic Forum (WEF) in 2011 – announced Palócz Éva, CEO of...

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Industrial production growth may be six percent this year

Both the external and internal demand fell, so the industrial production increase in July was better than expected, but analysts polled by MTI expect a 6 percent annual growth. In...

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One sow per one small farm

The government's pork sector strategy is based on the doubling of the pig population. The first step of the strategy is to increase the domestic pig stocks with 800 thousand...

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Visa: The driving back of cash use would help the fight against underground economy

According to the study of Visa Europe; the size of the European shadow economy can be 2,100 billion euros, which is an average 20 percent of the GDP in the...

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The European Court of Justice protects the GM-free honey

The European Court of Justice on Tuesday strenghtened the right of the beekeepers and consumers to GM-polluted free honey. The Court decided that for the distribution of honey containing pollution...

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University classrooms sponsored by Tesco in Pécs

On Monday afternoon, the newly furnished classroom of the Faculty of Economics of the University of Pécs was handed over. The Tesco Stores Ltd. has become the sponsor of the...

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The EU liberalization can benefit the Hungarian haelth tourism

The union will liberalize the health services of the members countries in 2013, so the patients in any EU country will be able to claim the same charge as their...

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New tender for the expansion of the Castle Bath of Gyula

The city of Gyula issued a new procurement procedure for the development of the Castle Bath majority-owned by the town of Gyula, because the last offer of the previous tender...

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NIVEA supports children in need

NIVEA, celebrating its 100th birthday, has always been fond of family values – Thomas Lichtblau, CEO of Beiersdorf Ltd. pointed out within the compass of a press conference on 7th...

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SPAR and Budavári Wine Festival are celebrating their 20th birthday

Budavári Wine Festival is celebrating its 20th anniversary, just like its main sponsor SPAR. The festival has opened its gates on 7th to 11th September, with 200 exhibitors....

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