News and articles

Coca-Cola prepares for a four billion USD investment in China

The world's largest soft drink manufacturer announced today, that the company will invest four billion USD between 2012-14. “China is one of the most important growing market,” – said Muhtar...

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A drop in domestic tourism

The Hungarian Hotels and Restaurants Association (MSZÉSZ) and the Hungarian Association of Tour Operators and Travel agents (MUISZ) report about a decline in domestic tourism, on the basis of the...

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A food merchant in Budapest concealed a monthly one hundred million HUF income

It is estimated that a montly hundred million HUF monthly income was concealed by a food merchant in Budapest. The Central Hungarian Regional Tax Directorate of the National Tax and...

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The hotel indices deteriorated during the Formula-1 Hungarian Grand Prix

According to the Hungarian Hotels and Restaurants Association (MSZÉSZ); during this year's Formula 1 Hungarian Grand Prix all hotel indices – room occupancy, the average price, occupancy per capita revenue...

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Metro do not want to sell the MediaMarkt-Saturn

The majority owner, the Metro Group denied the news of the possible sale of the MediaMarkt-Saturn electronics store chain. The subsidiary is part of the group, and there are no...

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GKI-Erste economic sentiment index reached its lowest level of the year

In August the GKI-Erste economic sentiment index adjusted for seasonal effects continued to deteriorate. According to the empirical survey conducted by GKI with the support of the EU the declining...

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The improvements will continue in the Marcali Hotel

The Marcali Szálloda Kft. will receive a nearly 1.8 billion loan from the Hungarian Development Bank Ltd. to continue the construction of the Hotel Medical and Életerő Center. “The construction...

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Magazine: An increase in prices and more promotions characterised the wet condiment market

What is new on the wet condiment market? Well, premium brands managed to evade a significant decline in sales and private labels were getting stronger – only the medium category...

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FRESSNAPF supports abandoned pets with record quantity of pet food

FRESSNAPF is not only the biggest pet-food and pet-accesoires producer company in HUngary, but also a responsible company who does actually consider the necessity of responsible pet-kkeping. In 2010, the...

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This autumn in Cologne: The 31st Anuga with more than 6,500 suppliers

The 31st Anuga, which will be held in Cologne from 8th to 12th October 2011, is once again expected to attract around 6,500 suppliers from about 100 countries. The estimated...

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A small help to reach great aims

Onlinet has supported Kemence Varázsa Foundation with two new PCs. The main purpose of the foundation is to support handicapped and mentally disturbed people who are working in the pottery...

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restaurant manager kicks diners out for not finishing their meals Restaurant manager kicks diners out for not finishing their meals

Mr Cui showed the customers the door when they helped themselves to an all-you-can-eat buffet then asked for dessert, even though their dishes were only half-empty. He refused to serve...

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National product basket for quality and award-winning products

The National Consumer Protection Authority (NFH) is scheduled to start its National product basket initiative in October – said Pintér István, director of the organization, at a press conference in...

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Association of Hungarian Bakers: 73 kilograms of bread consumed each year

Annually 73 kilograms of bread is consumed per capita – shows the datas of the Association of Hungarian Bakers. Two-thirds the sales volume is still white and half brown bread....

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Domestic beer industry declining since 2007

The crisis continued in the beer industry in 2010 – shows the datas of the  Hungarian Brewers Association. According to the document, the sales of the largest beer factories decreased...

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Worsening sentiment in the global economy

According to the WES survey (World Economic Survey of the Munich-based ifo Economic Research and the Paris-based ICC International Chamber of Commerce; The global business climate index deteriorated in the...

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Green light for fattened goose and duck products at the Anuga in Cologne

The event organizer, the Kölnmesse GmbH allows the presence of fattened goose and duck products at the Anuga exhibition in Cologne. The company previously – under pressure from extremist animal...

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Grape growers can get a good price

It seems that this year's harvest start with good prices. At the small region of Kiskőrös, 120 forints are paid for fragrant grapes. “Earlier this week, the purchasers came out...

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PrímaPék builds a new plant

The PrímaPék Finompékáru Kft. builds a new plant with a hundred million HUF EU support. Thirty to forty new jobs will be created. According to the communication of the company;...

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Hungarian Agricultural Research: Special Edition Published

The latest issue of Hungarian Agricultural Research introduces Hungarian research institutes concerned with agricultural research and environmental studies. The special edition of the English language professional journal founded by the...

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The Coco House Kft. candy manufacturer expanded its premises

The site of the Coco House Kft. was fully updated and expanded to almost double in Keszthely. The Western-Transdanubian Regional Development Council granted 36 million HUF support for the more...

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Foster's continues to refuse SABMiller's takeover bid

The Australian Foster's Group refused again SABMiller's about 10 billion USD worth takeover bid on Thursday, which directed to the company's brewing department. The Foster's board announced on Thursday that...

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The utilization of local hotels improved beside decreasing hotel room rates

The utilization of Hungarian hotels improved in June on national level, while the gross average room rates declined – told the Hungarian Association of Hotels and Restaurants (MSZÉSZ) told MTI....

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Hírös Hét Fesztival starting in Kecskemét on Monday

Kecskemét's most important and oldest event, the so-called Hírös Hét Fesztivál is starting on Monday and will be open until next Sunday. The event is centered around gardening and food,...

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British retailers barely saw any increase regarding volume

Britain's Gross Domestic Product (GDP) increased by 0.2 per cent in the second quarter of 2011, following an increase of 0.5 per cent in the first quarter of 2011. There...

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EU wind power will triple by 2020

The European Wind Energy Association (EWEA) today published its scenarios for onshore and offshore wind power deployment in the EU, ahead of the European Commission's Energy Roadmap 2050, due to...

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Dm fights against cancer

This year, the Hungarian dm will join international initiative of the Day “Children of the Sun” CSR campaign. With the campaign, the company aims to protect young children against the...

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More and more people get their shopping done in seperate stores

Two out of five Hungarians – 42 percent of the population – get their shopping done in seperate grocery stores, although often it is not a choice but a must...

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The domestic pig stocks may decrease under 3 million soon

In one year, the producer price of pigs increased by 1.1 percent – shows the datas of the Central Statistical Office (KSH). After last year's depressed pork prices, many of...

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Bucharest is also ahead of Budapest in purchasing power

According to the survey of the USB Swiss bank; Oslo is the world's most expensive city, followed by Zurich and Geneva. According to the survey; on the first three places...

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