News and articles

Annual inflation above 5 percent

In September 2010, the average monthly consumer price drop was 0.1 percent. Compared with September 2009, prices increased by 3.8 percent. In the first nine months were prices higher by...

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Sustainable Consumption: Henkel CEO Kasper Rorsted Appeals for Coordinated Action

At the World Conference on Detergents in Montreux, Switzerland, Henkel CEO Kasper Rorsted appealed to all partners and participants in the value chain to commit to coordinated action. “Sustainable development...

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Tesco collects donations for the red sludge victims

Because of the domestic industry's worst-ever environmental disaster, a thousands of people lost their property and face a very difficult life situation. Tesco Global Stores Ltd., provided immediate assistance to...

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Vylyan Winery launched a label competition

Bogyólé is the fantasy name of Vylyan Winery's new wine: this year the winery has launched its label competition for the fifth time, for young artists. The winner receives a...

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Significant changes in the price of agricultural products

In August, the producer price level of agricultural products increased by 20.1% compared to the corresponding period of the previous year – KSH announced today. More specifically, the price level...

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Tobacco prices may see a 15 rise due to excise tax

It is a fact that that excise taxes will increase, but no one knows whether the change will result in a 5 or 15 percent rise when it comes to...

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Fifteen Hungarian wineproducers at ProWein 2011

Fifteen Hungarian wineproducers will be exhibiting at one of the world's most significant tradeshows this year at Düsseldorf-based ProWein from 27th to 29th March 2011. More than 3400 companies from...

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Red Bull launched a BPM Player

This fall, Red Bull will proudly presented the Red Bull BPM DJ Player, an application that will enable any music lover to dj. All everyone needs is an iPad, iPhone...

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Surging coffee prices trigger consumer pain

Over the last six months a highly speculative green coffee market and dramatically increased commodity costs have completely altered the economic and financial picture of many players in the coffee...

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Employment grew in September

According to the website of the Public Employment Service (ÁFSZ); The employers announced 28,400 new job opportunities in September, so in one month, the reported number of new jobs increased...

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Waiting for tax and financial laws

According to the forecast of GKI Economic Research Co. prepared in co-operation with Erste Bank, the conditions for growth in 2011 are worse than previous expectations. Compared to 2010, growth...

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Budapest stepped back on the business destinations list

Budapest fell back to the 30th place, from last year’s 26th on the list contains 36 European cities based on the expansion plans of foreign firms, published by Cushman and...

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Britons can drink their own wines in restaurants

An old tradition will return to the British restaurants: the British people can bring their favourite wines. More and more restaurants offering this opportunity to their guests – can be...

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Domestic distillation may be a subject of discussions in Brussels

The European Commission may start infringement proceedings against Hungary, because the new regulations of pálinka distillation. The European Union has strict regulations on the taxation of excise goods. Hungary during...

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Fruits of Hungarian farmers in the plant of Sió-Eckes

Fruits from different parts of Hungary arriving constantly to Siófok, to the site of the Sió-Eckes Kft. “The Sió-Eckes is committed to participate in activities ensuring the survival of the...

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Sarkozy would send cattle to Russia

French President Sarkozy called Russian colleagues to reconsider those “unfair trade barriers” that the Russian party raised against French livestock and meat exports. Sarkozy told, that the cattle destined for...

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Three tons of contaminated peaches at the Spar-warehouse

The inspectors of the Central Agricultural Office found more than 3 tons of contaminated peaches, at the Spar-warehouse in Üllő. In the fruit arrived from Spain the inspector found double...

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Tchibo has opened its fourth store in Hungary

Tchibo has opened its fourth store in Hungary, in ÁRKÁD Budapest shopping mall. Here customers are encouraged to taste a delicious selection of coffees, unique, limited coffee-drinks and get a...

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New CEO in charge of Ipsos Ltd.

Starting from 1st October 2010, Ipsos Media, Advertisement, Market, and Opinion Research Institute, is led by a new CEO Tamás Géczi, an expert who previously used to be the head...

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Eurostat and World Bank data now searchable on Google in 34 languages

“Last year we launched a search feature that made it easy to find and visualise statistics and public data. Our data visualisation tools are designed to surface statistical information about...

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Yet another Hungarian wine-success: the wine of Gyöngyös is worldwide-known

The wine of gyöngyös-based Károly Róbert College had the privilage of taking part in the Slovenian International University Wine Competition this year, and the avid Hungarian team returned with a...

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Sustainability: Nestlé renewed 57 products in 2009

Nestlé claims top spot in the Diversified Foods category under the 2009 Sustainability Initiatives Report. Nestlé Hungária has renowed 57 products in 2009. Scoring 82 out of 100 points, Nestlé...

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CEO of Kraft Foods scored 2nd on Forbes' world's most influental women list

Forbes magazine has released its 2010 Power Women List and we’ve sliced it and diced it. CEO’s, politicians, world leaders, sports figures, television personalities, musicians and actresses all made the...

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Several restaurants joining the charity event of Feed the Children Foundation

Hungarian charity organization Feed the Children Foundation is about to launch its unique program, the so-called Charity Week for the third time. Within the compass of the event, young actors...

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Good example for domestic companies: immediate aid worth 10 million by Euronics

Euronics, the chain interested in electronical devices, in co-operation with the Hngarian Baptist Aid, are trying to set a good example for HUngarian companies by offering an immediate aid of...

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Red mud catastrophe: E.ON to cover expenses of gas-service reconstructions

E.ON Hungária Ltd. decided to help the red mud catastrophe-victims of Devecser, Kolontár and Somlóvásárhely by covering the expenses of the gas-service reconstructions of these inhabitants of the catastrophe-ridden area...

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Béres Health Hungaricum Program: Hungarians are reserved

Sunday, 10th October is the International Day of Mental Health, therefore dr. József Béres is trying to call our attention to the importance of various loving communities and their role...

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Central and Eastern Europe's TOP 500 list

Coface Group calls the latest East-Central Europe Top 500 list the imprint of the crisis. The list based on the turnover of the firms of 13 countries. The list contains...

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Mall builders are awaiting

According to the survey, carried out by the experts of ABLON, which is the largest real estate developer of Central and Eastern Europe; this year, the participant of the real...

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The development of mid-range hotels can be the deal

While on international level, increasingly positive news are coming from the hotel sector, the development of domestic tourism and hotel investment is still less favorable than. In the Central and...

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