News and articles

Forint loans are pushing forward

The number of problematic loan contracts is soaring by 30,000-40,000 every month, while the falling exchange rate of the forint put enterprises and households with a foreign exchange loan in...

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Hungarian FMCG-market still stagnating

In Hungary, the market of FMCG-products is still not blooming: we do not yet spend more on fast moving consumer goods than we did last year, whereas on the other...

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Demján needs Hungarian-owned hypermarkets

Hungarian-owned hypermarkets should be established, because the competition situation motives this – said Demján Sándor, the Executive Chairman of the National Association of Entrepreneurs (VOSZ) at the 15th Anniversary celebration...

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Co-op Hungary Ltd. is 15 years old now

Even president Viktor Orbán took part at the 15th anniversary celebration of the HUngarian retailer Co-op Hungary Ltd. Orbán sees Co-op as an example of success of Hungarian economy. “Little...

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BNI about to launch another great event

Similarly to the previous years, BNI is about to organize an event with 450-550 participants, on 7th December at Lurdy House, Budapest. Started in January of 1985 by Ivan R....

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Univer proved to be one of the most popular Hungarian brands

The toplist of MagyarBrands is out now, gathering the most popular fifty Hungarian brands. Univer is listed on the 15th place which is a nice result, considering that there are...

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The European Union renews its trade

The European Commissions determinates six priorities for EU trade policy. Several recommendations have also Hungarian interests. The proposed strategy has three aims: stronger economic growth, more jobs and to increase...

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Coop to be renewed

The food-trading network will create quality stores instead of discount stores. In the next two years, the almost three thousand units of the Coop supermarket network will be renewed. This...

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The Sugár shopping center celebrates its 30th birthday

The Sugár shopping center was Budapest's first shopping center, opened in 1980. The Sugár shopping center will celebrate its 30th birthday this weekend. In the shopping center, more than 130...

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Bookline.hu became the online trader of the year for the third time

This year’s winner of the “OnlineTrader of the Year Award” title became bookline.hu – announced the Association of IT Companies (IVSZ) on Wednesday. The prize was handed over on Tuesday...

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The profit of Carlsberg increases

The revenue of the Carlsberg group increased by 8 percent to to 17.7 billion Danish kroner, the company’s net profit by 30 percent to 1.9 billion Danish kroner in the...

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Barry Callebaut: Swiss chocolate continue to be popular

The sales of the world's leading integrated chocolate company, the Zurich-based, Barry Callebaut, increased by 6.8 to 5.2 billion Swiss francs. The company’sa net profit increased by 10.9 percent to...

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Five favorites for the Winemaker of the Year title

The first round of “Winemaker of the Year” competition completed on the 8th of November, and it was found out that who are the five winemakers, who received the most...

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Henkel continues positive trend in third quarter

The positive development of Henkel’s consumer businesses in previous quarters continued during the third quarter of 2009. There was also a further improvement in the results of the Adhesive Technologies...

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The Germans will give shopping vouchers as Christmas present this year

In Europe's largest economy, shopping vouchers are on the first place on this year’s Christmas gift top list. Last year the Germans preferred to give books as a Christmas present....

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The business sentiment of Eastern Europe improves

The analysis of Thomson Reuters shows that business sentiment has improved in the Eastern European region. However, Hungary is still belongs to the lower-middle field. The assessment of the current...

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The majority of the products on the shelves of the retail chains are Hungarian food products

The Economics Department of Corvinus University carried out a survey, to estimate the proportion of Hungarian food products in domestic retail. Overall, in the tested categories the ratio of the...

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GKI Budapest Real Estate Market Index, 2002-2010

In October 2010 the GKI Budapest Real Estate Market Index was -23.3, which means significant improvement compared to the previous quarter. This data is higher by 11 points than the...

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The trade surplus continued to grow

According to analysts, polled by MTI; the September trade balance surplus was better than expected, and the year end surplus may reach 5.3 billion euros. According to the preliminary datas...

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Dutch and Danish pigs are flooding the Hungarian market

The purchase price of live pigs  decreased by fifteen percent in the last months. The customers do not perceive anything from the lower raw material price. But who swallows up...

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Unprecedented Alliance for Sustainable Development

Unprecedented social cooperation can be seen around the first Hungarian “Sustainability Summit” conference. So far, about 33 organizations, including the representatives of the nonprofit sector and variety of economic and...

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Négercsók to be renewed

The Újvilág Mezőgazdasági és Élelmiszeripari Szövetkezet of Abony eliminated its last classic activity the plant cultivation and launched new product developments, based on demands for healthy foods – told Szebeni...

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The British Prime Minister in the Chinese Tesco

The first visit of David Cameron, the British Prime Minister, led to Tesco after landing. In China, the British commercial chain has 99 stores. The first one opened in 2004...

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Date is set for ProWein 2012

ProWein 2012 will be held from 4 to 6 March in harmony with the internationally-relevant trade fair calendar. That way it is underlining its traditional status as an opening event...

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Nescafé Wellness survey: coffee agains the harmful effects of civilization

In more ways than we realize, coffee has been our silent partner in coping with the demands of the workplace. Apart from the ordinary stress we endure at our jobs,...

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Davidoff Café Suprême Réserve 210

This Christmas Tchibo offers connoisseurs ultimate coffee enjoyment without compromises. The new Davidoff Café Javanese Blue limited edition is a unique present for coffee friends. A true connoisseur places the...

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Dog dilemma: what about dog-friendly restaurants?

In films children and dogs are sure to be a success, but the world of catering is a different ballpark. In Hungary there are many dog owners who would spend...

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According to Demján; the Széchenyi Card has a great success

The Széchenyi Card is a great success. Via KA-VOSZ the product can reach the most part of the Hungarian small and medium-sized enterprises – said Demján Sándor, Executive Chairman of...

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World Expo: The Hungarian Pavilion won Silver Prize in Shanghai

The Hungarian Pavilion received a prestigious recognition on the closing day of the Shanghai World Expo. The central issue of the Hungarian Pavilion was the Gömböc. The recognition was awarded...

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