News and articles

U.S. personal spendings below expectations

The U.S. personal spendings increased in a smaller extent during January, than it was expected, while the households rebuilt their savings. Expenditures increased by 0.2 percent, after the 0.5 percent...

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The Agrarian-Chamber’s New Law is Ready for Presentation

Mr. Sándor Fazekas Minister of Rural Development had a meeting with Mr. István Jakab. The meeting took place in order to inform the President of MAGOSZ (National Association of Hungarian...

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Belgians had to face serious questions

In one of Europe’s richest countries food retail is much more concentrated than in Hungary. Ten and a half million people live in Belgium and Nielsen counted 7,800 food stores...

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Hell Energy creates several workplaces in Hungary

Even though Hell Energy has just joined the twenry year old market of enery drinks in 2006, the company achieved 40 percent increase in exports in 2010, which transports its...

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The marketing logistics division of Rafinanz now covers the entire country

The logistics division of Rafinanz has increased its marketing material capacity with more than 50 percent. Now, with a number of new areas, the network covers the entire country. In...

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GKI: thoughts on the changes

GKI’s survey shows that more companies are planning to raise prices. Although the government is trying to use administrative measures to prevent this, the crisis taxes and the planned “hamburger...

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IDEA: a hamburger tax would not only hit the food industry, but also the poor

According to IDEA, the  Institute for the Democratic Alternative;  the health aspects of the hamburger tax are unsuitable to reach public health issues. The idea of hamburger tax may soon...

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Social shop network needs to be reorganized

The Social shop network of MAGOSZ struggles with the lack of customers, that wanted to give a better position for the domestic food producers., and offer cheaper products to the...

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The food samples travel abroad

Sending abroad cost 150-200 thousand HUF for a piece of sample for the Hungarian food safety authorities. The specialized accreditation of national laboratories, has expired since the end of November,...

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OTP Cafeteria card users have reached 50 thousand

More  than 6,000 hypermarkets countrywide seek to meet the needs of the large number of electronic card users. With the intoduction of the OTP Cafeteria Card, the OTP targeted to...

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Great Britain may quit from funding the FAO

If the starving millions of India will go rebellious, the Arab revolutions will only seem as a prelude. This is London’s opinion of the current food crisis situation, and also...

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Kékkúti maintained its lead

Kékkúti Ásványvízgyártó Zrt. maintained its leading position last year on the basis of the domestic sales volume on the Hungarian mineral water market. According to the datas of the Nielsen...

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Sugar does not want to stay out of price increases

Sugar may become more expensive with even a one-third, compared to its October, November price. While in the middle of the sugar beet processing campaign, its price was about 200...

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Slovakia would push down prices with free flour and pasta

The needy will be given free free flour and pasta in Slovakia. The government’s plans were strongly criticized by the opposition immediately. The Slovak government would open up the country's...

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POPAI Winners from all of the world, with a Hungarian winner

All the world's a stage and this year entrants from over 12 countries rushed to that stage to prove that they have what it takes to beat out the best...

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Interpack focuses on sustainability

GERNEP – manufacturer of labelling machines located in Southern Germany – which is already well established in the beverage, food and non-food sector is presenting at “Interpack 2011” its recent...

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Ivitation to test 13+1 good wines

INVITATION Guest: Dr Gábor Rohány wine acedemician. Event: 13+1 good wine from the point of view of complexity, structure, concentration. (max. 13+1 persons) Time: 3rd March 2011 1016 Budapest, Tigris...

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Weak Forint helped the sheep market too

The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and meat products. Their last report reveals that the price of small-weight sheep, thanks to an...

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Battling obesity in America

In its “Where America Stands” series, CBS News is looking at a broad spectrum of issues facing this country in the new decade. The evidence of an epidemic is everywhere....

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GKI expects Hungary's economy to grow 1 percentage point faster than the EU average

Economic research institute GKI expects Hungary's economy to grow 1 percentage point faster than the EU average in 2011, although Hungary will only overtake Slovenia and Romania within the CEE...

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An increase in the turnover of Hungary's retail sales

After one and a half years, the turnover of Hungary's retail sales have risen again in the fourth quarter of last year, 2 percent more food, household chemicals and cosmetics...

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Nielsen: Hungarians bought cheese for 75 billion HUF last year

Retail sales of fruit yoghurt, butter and cottage increased both in value and volume, compared to the previous year. The combined annual turnover of the four products are about 95...

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The Hungarian-Russian trade increased by one-third last year

Trade between Hungary and Russia is expanding vigorously and the role of innovation increases in the economic relations of the two countries – said Leonid Surigin, leader of the Trade...

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The Hungarian food prices are on the 78 percent of the EU average

In Hungary, food prices exceed the price level of many surrounding countries, because of the higher tax rate – said Szabó Márton, leading researcher of Kopint-Tárki. According to the expert;...

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Travel 2011: the guests of honor are India and Győr

This year, India will be the foreign guest of honor, while the domestic guest of honor will be Győr at the Travel 2011 (Utazás 2011) exhibition, which will be held...

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Hungarian Superbrands is seven years old

The traditional year opening event of the Expert Committees of the Superbrands and Business Superbrands was held on the 21st of February 2011, where the marketing profession, the media, the...

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British economy on the edge of recession

The performance of the British economy decreased even in a greater extend than it was previously estimated. In the GDP forecast of the last month, a 0.5 percent quarterly decline...

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Billions for young farmers by the New Hungary Rural Development Program

The new program to support young farmers by the New Hungary Rural Development Program proved to be successful according to Tamás Saád, expert of Hungarikum Konzorcium, who pointed this out...

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Innovative packaging cooperation between Coca-Cola and Heinz

The Coca-Cola Company and H.J. Heinz Company announced a strategic collaboration. In the scope of the cooperation, Heinz will replace its ketchup bottles to the PlantBottle technology manufactured bottles of...

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Global purchasing power will expand vigorously until 2050

World becomes more and more richer, after the economies of the developing countries are increasingly catching up – forecasts Willem Buiter, chief economist for Citigroup. The expert predicts straight: in...

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