News and articles

GKI composite confidence index rises

GKI's combined gauge of business and consumer confidence measured -6.3 points in January after -7.6 points in December, GKI announced. The seasonally adjusted index has not been this high since...

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Agricultural Office fines hard

The Agricultural Office (MgSzH) has imposed a total of 342.5 million HUF fines again on department stores, mostly because of the violation of the prohibition of selling below the purchase...

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Agrármarketing Centrum: food safety is a top priority

In the past few weeks, plenty of press conferences appeared linked to poisoning, inappropriate, low quality food appearing on the shelves of various EU-members. Food-safety in Hungary is rather strict,...

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Foreign wines are mixed and marketed as Hungarian wines

Thirty percent less grapes were grown in the Balatonboglár wine region last The market it still flooded with cheap, poor-quality foreign wines. Moreover some of these wines are mixed and...

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Cluster helps the rural tourism in Southern Transdanubia

The recently formed Southern Transdanubia Rural Tourism Cluster, would like to help the rural accomodiations in their market access, training and upgrading of their services in Baranya, Somogy and Tolna...

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Profit increase at McDonald's

In the last three months of 2010, McDonald's profit was 1.24 billion dollars, 1.16 dollars per share, compared to the previous year's 1.22 billion dollars and 1.1 dollars per share...

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Products from PET bottles

The Budafilter 94 Kft. is building a plant producing strapping tape and granules from PET bottles in Mezőfa, Fejér County. The cornerstone of the approximately 300 million HUF development was...

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The price of cocoa reached its annual peak

The price of cocoa has increased to its annual peak in the New York commodity exchange, to 3.34 USD per tonne, which is a 4 percent increase. Alassane Ouattara, the...

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The German minister urges the food chains to open petrol stations

Rainer Brüderle, the German Minister of Economic Affairs encourages the discount food chains, such as Aldi and Lidl to open petrol stations. The Minister expects greater competition and lower prices,...

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Restaurant in the clouds

The world's highest-functioning restaurant has been opened in the highest building of the world, in the Burj Caliph in Dubai. The restaurant is on the 122nd floor of the skyscraper...

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Furmint for February – a wine event coming up

It's the second time the wine-event Furmint Február takes place, initiated by civils to introduce and promote as many furmint-made wines as possible throughout February. Several restaurants take part in...

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Hungarian Flavours' Fair in February – an event

Culinary products of almost one hundred Hungarian master craftsmen will be introduced between the 11th and the 13th of February 2011 in the B Pavilion of the Millenáris, where the...

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METRO conference and customer academy 2011

Nearly 130 FMCG-companies meet with the employees of METRO within the three days of the METRO Customer Academy, in order to discuss possibilities of co-operation in the long run. The...

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Meat controls do not mean a ban on imports

According to a study of a German institute; the dioxin contamination was due to the improper storage of used frying fats for biodiesel production. The Hungarian Meat Association protested against...

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ECB flags risks of inflation, food prices rise

The European Central Bank warned that commodity and food prices could push euro-zone inflation higher, the latest sign of concern from officials about the buildup of price pressures in the...

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The mangalica sector defies against the crisis

The Hungarian mangalica breeders were managed to maintain the Hungarian mangalica breding on the same level, compared to the previous year, despite the difficult economic conditions. Last year, the Hungarian...

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Ipsos – the emerging countries trust more in economic upturn than the more advanced countries

The inhabitants of the emerging countries are much more optimistic, over the economic upturn than the citizens of the more advanced countries – shows the survey of Ipsos. According to...

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The Hangya Cooperation calls for stronger import controls

According to the views of the Hangya Cooperation; increasing controls are justifiable in the field of food imports, to protect consumer safety and the domestic producers. The organization points out,...

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New packaging invented to prevent food spoilage

Scientists are reporting development and successful lab tests of “killer paper,” a material intended for use as a new food packaging material that helps preserve foods by fighting the bacteria...

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Company executives preparing for sales expansion

Top-level executives expect intensifying competition, volatile and unpredictable markets, shrinking margins and the increasing of the importance of innovation – shows the study of the Ernst & Young, entitled “Competition...

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Gastronomic Fair on the Millenáris

Culinary products of almost one hundred Hungarian master craftsmen will be introduced between the 11th and the 13th of February 2011 in the B Pavilion of the Millenáris, where the...

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Uniform rights for all European customers!

Paolo Martinelli, the President of the civil Consumer Protection Organisation (BEUC) of the European Union and Morvay György, President of the National Consumer Protection Organisation (OFE), gave BEUC’s Union consumers...

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Best Airline of 2010

Lufthansa received the 2010 “Best Airline”award on the annual voting of the bi-monthly published “The Traveler” magazine. The Hungarian professional newspaper carried out a survey among the readers and the...

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Electro World may be forced to close stores

Electro World may close even three stores from the existing thirteen – reports Világgazdaság. The network has tens of millions debts. According to Polgár Csaba, the CEO of the company;...

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Hotel made of trash provokes the visitors of the Madrid Tourist Fair

The hotel is made entirely of garbage. The construction materials of the Garbage Beach Hotel was not entirely taken from the garbage dumps, one third was collected from beaches, and...

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New shop to promote Tokaj-related items

Typical local products are going to be sold at the new shop in Tokaj which is about to open it gates in mid-February – turizmus.com announced. The shop mainly serves...

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Tesco moving on to beauty industry instead of groceries

Not content with having the lion’s share of the groceries market, Tesco now want a piece of the beauty pie with plans to open 70 new beauty salons across the...

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Top ten restaurants of Hungary

Restaurant Chateau Visz located in Somogy county won 2010's Gösser-Bock-Dining Guide Award. Here are the top ten restaurants of Hungary in 2010: Chateu Visz, Alabárdos, Aranyszarvas, Babel Delicate, Bock Bisztró,...

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New Széchenyi Plan: nearly two billion HUF to apply this year

Until March, the Ministry of National Development (NFM) tenders 1,100 billion HUF European Union tenders in the scope of the New Széchenyi Plan, and then in the rest of the...

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Demján expects the growth of employment from the SMEs

The Hungarian small and medium-sized enterprises need credit and capital – said Demján Sándor, Executive Chairman of the National Association of Entrepreneurs and Employers (VOSZ). The employment growth can be...

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