News and articles

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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EP directive may help to the domestic health tourism

The European Parliament’s (EP) plenary session adopted the report on the cross-border patients rights, so in the second reading, the directive that can boost Hungarian health tourism was born. The...

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SMEs can increase their fringe benefits

Although the cafeteria declarations closing date has not yet finished at all of the companies, but in the SME sector that employing the most employees a slight increase can be...

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Output decrease on the commercial property market

In Europe, the output change of the first class commercial properties slowed down in the fourth quarter of 2010, unlike the previous years, when property values have increased significantly –...

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Hungarian luxury hotel chosen among the best

According to the result of TripAdvisor’s “Travellers' Choice Awards 2011 ” vote, the Hotel Palazzo Zichy received the 8th place, while in the same category, the hotel became the 6th...

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The world's second largest economy increased by 10 percent last year

China's economy expanded by 10.3 percent in 2010, while inflation was 3.3 percent – reports the China Central Bureau of Statistics on Thursday. The world's second-largest economy grew by 9.2...

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German cheese with Hungarian logo

The Hungarian Competition Authority (GVH) is about the make decision in a rather racy case: Spar Hungary has launched a set of cheeseland-cheeses of German origin, with a “Hungrian logo”...

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Confidence decreased in the euro area

Consumer confidence deteriorated in the euro area in January, which is mainly in connection with the concerns over the debts of  some countries in the region. According to the preliminary...

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X-Factor on the skating rink of Corvin

The free skating rink on the top of the Corvin shopping center officially opened  today with the participation of  Takács Nikolas, Király L. Norbi and Vastag Tamás, X-Factor stars. The...

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eBay expects revenues of over ten billion dollars

For this year eBay expects sales of 10.3 to 10.6 billion USD in sales on eBay. The expected profit will be more than the former expected 15 percent. In the...

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Here are the most artistic pálinka-bottles

Rézangyal has asked contemporary artists to design pálinka-glasses, that's how Rézangyal Aert Collection was launched. According to the major pálinka-producer company, pálinka is a contemporary Hungarian brand, so it is...

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Hungarians drank 109 liters of mineral water per capita

Hungarian citizens drank 109 liters of mineral water per capita ilast year, down slightly from 110 liters per capita in 2009, the Hungarian Mineral Water Association and Product Council announced....

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New flight to Riga from Budapest

After a two year-long break, Hungary and Latvia will be connected again, since Budapest Airport and airBaltic signed a contract today about launching a new flight. Sarting on 16th May,...

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Green Week began

International Green Week Berlin would provide exposure to farmers about the latest agri-input products, technologies, farming practices, goveronment schemes, marketing and post harvest management. The event takes place between 21st...

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Walmart, Carrefour and Metro AG are still the top three retailers

Walmart, Carrefour and Metro AG still occupy the top three slots in the latest edition of the Deloitte Global Powers of Retailing report for 2011. Combined sales for the world’s...

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Food prices increasing steadily for eight years

The price of food exponentially increased between 2002 and the end of 2010: the global food price index of the UN Food and Agriculture Organization (FAO) increased by 139 percent...

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The utilization of ATMs decreases since 2008

In recent years, the number of ATMs was steadily increasing in Hungary, while their utilization decreases since 2008. Since the beginning of the crisis, the installation of the machines slowed...

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Pork from Germany under mandatory control

Fazekas Sándor, Rural Development Minister ordered temporary restrictions in the distribution of fresh and frozen pork products arrived directly or indirectly from Germany, due to the German dioxin scandal, for...

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Parragh: 7 percent of GDP leaves the country annually

If the government will take measures to assist businesses, the Chamber will support them – said Parragh László, president of the Hungarian Chamber of Commerce on Wednesday in Hódmezővásárhely. Parragh...

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The number of liquidations may remain high for a long time

This year could be a turning point in the corporate sector, and thus in the evolution of the number of insolvency proceedings. According to the Coface Hungary; a significant improvement...

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The price of the bakery products may significantly increase

The domestic bread prices are rising steadily for months. However, in February a higher increase is expected: if the poor wheat harvest of last year will run out of stock...

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The FEOSZ urges hard action against consumer groups

The National Federation of Consumer Associations (FEOSZ) proposes to ban or to make strict regulations against consumer groups. The FEOSZ suggests the legislature to prohibit such activities, or regulate theses...

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Praktiker focuses on the expansion of online commerce and on energy saving customer base

According to the new leader of Praktiker; additional commercial services can accelerate the crisis-hit DIY market. After the serious 30 percent turnover  decrease of the last three years, Praktiker expect...

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Consumers and advertisers agreed

The Self-Controlled Advertising Board (ÖRT) and the National Federation of Consumer Associations (FEOSZ) signed a cooperative agreement on Wednesday. The agreement aims to the better protection of consumers, in general...

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Pay-Parking lot in front of Penny outlets

Customers have to pay a dail fee if they spend more than a few miniues parking in the parking lot in front of Penny outlets – fogyasztok.hu pointed out. Several...

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Invitation to FMCG breakfast 2011

We would like to invite you to the annual FMCG breakfast organized by PwC. The first business breakfast will place its main focus on seeral up-to-date topics like VAT, environmental...

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Crative Forum of Beverages for those involved in the coffee- bar business

Guests as well as experts and those involved in the HO-RE-CA business might have fun at the Creative Forum of Beverages. The event will take place in Budapest on 14th...

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