No crisis on the luxury goods market

No crisis on the luxury goods market
Date: 2011-08-16 12:30:43

The Bond Street in London is the most exclusive shopping street in Europe, followed by Avenenue Montaggne in Paris, while the third is in Moscow: the Stoleshnikov Lane. According to...

Matusz-Vad Inc.: The largest market for frozen foods is Slovakia
Date: 2011-08-16 12:28:17

The Győr-based Matusz-Vad Ltd. increased its sales by 17.9 percent to 3.4 billion HUF in the first half of the year. The leading company of domestic frozen foods mainly exists...

Workania: Workers often receive warm meal vouchers
Date: 2011-08-16 12:20:41

The last survey of Fizetesek.hu site opertaed by the Workania job portal focused on the fringe benefits provided by the Hungarian employers. According to the survey, based on the responds...

Tens of thousands of visitors are expected to the Hortobágy Bridge Fair
Date: 2011-08-16 12:06:38

For the first time this year, the accompanying cultural events of the Hortobágy Bridge fair will evoke the atmosphere of the old traditional fairs. The fair will be held between...

Competition for Hungarian webshops
Date: 2011-08-16 10:00:15

Webshops of Hungary can now compete for the title of the Shop Of The Country, in the categories of quality and popularity. Árukereső.hu wants to introduce quality webshops and the...

Problematic Hungarian growth
Date: 2011-08-16 09:14:14

GKI has released its latest snapshot of the Hungarian economy. Only moderate changes are in store for the rest of 2011, says the market researcher. The negative effects of the...

Research institute for the Tokaj wine-region
Date: 2011-08-16 09:11:17

A new viticultural research insitute is about to open its gates in the historic Tokaj wine-region. The headquarters will be located in Tarcal, where a similar insitute used to work...

Biomass crop plans launched by the American government
Date: 2011-08-16 08:32:04

Boosters of the project tout it as a way to keep energy payments local, boost farm income and reduce carbon emissions. “This will reduce our reliance on foreign oil, and...

Global milk consumption can increase by thirty percent until 2020
Date: 2011-08-15 13:30:39

The global demand for liquid milk products will increase by 30 percent increase between 2010 and 2020 – shows Tetra Pak's latest study. This increase may be due to three...

The taxation of unhealthy foods is not the solution
Date: 2011-08-15 13:20:23

Nutrition specialists, tax experts, food industry personalities and politicians all over the world are arguing over, can they influence the consumption of unhealthy foods, thereby fighting obesity, diabetes, and the...

We cannot be more pessimistic
Date: 2011-08-15 13:18:10

The opinion of the Hungarians is so negative over the situation of their own and the economy that – regardless of the real processes – it can not get worse...

Exchange rate fixing: foreign currency loan borrowers still await
Date: 2011-08-15 13:17:23

The exchange rate fixing program is available since Friday, but the expected rush delays, despite some of the banks have extended their opening hours. According to the market leader OTP;...

K&H: Half of the SMEs expect share from EU funds
Date: 2011-08-15 13:10:07

The EU co-funded aid applications remain important sources for businesses. An average of every second small and medium-sized enterprises (SMEs) consider it realistic, that they will receive this type of...

China is flooded with fake French wines
Date: 2011-08-15 12:25:23

Although it is more difficult to counterfeit branded wines, than luxury bags and watches, however, China is flooded by the famous – mostly French – wine brand imitations. The first...

Red wine against sunburn
Date: 2011-08-15 12:24:31

According to Spanish researchers; grapes and wine protect against sunburn. Marta Cascante, biochemist and her team at the University of Barcelona demonstrated that the flavonoids in grapes may reduce the...

The OTP Széchenyi Rest card can be used at more than seven thousand acceptance points
Date: 2011-08-15 12:10:53

The use of card-based fringe benefits are increasingly popular among the firms. In a half-year a 50 percent increase occurred in the number of employees, using the OTP's cafeteria system....

One-fifth more tourists visits the crisis affected Greece
Date: 2011-08-15 12:00:04

While sixty percent of Greeks does not go on a holiday this year – the GDP fell by 6.9 percent in the second quarter due to the constraints – foreigners...

New Marketing Director at Tchibo Budapest Ltd.
Date: 2011-08-15 11:29:22

As of 8th of August Zsolt Mészáros (43) was appointed to the Marketing Director position of Tchibo Budapest Ltd. The professional's task is to drive and execute Tchibo's marketing strategy...

Sziget faced a loss, organizing company still profitable
Date: 2011-08-15 11:17:47

385 thousand people visited Sziget this year, which is more than last year but slightly below the previous record. This was the year with the strongest musical lineup, however the...

Danubius has a loss of 706 million HUF in first halfyear
Date: 2011-08-15 10:44:46

Sir Bernard Schreier has purchased 3,508 shares in Hungarian hotel company Danubius Hotels on an average price of HUF 3,499 per shares on June 28, raising his direct and indirect...

Carnival week started in Debrecen
Date: 2011-08-15 09:57:46

On Monday, the largest summer event of Debrecen, accompanying the August 20th celebration has started: the Flower Carnival is on. In every August Debrecen bursts into flower on the festive...

Félsziget attracts ten thousands of visitors
Date: 2011-08-15 08:02:18

Tuborg Green Fest Peninsula is Romania`s largest festival. The unique blend of international stars, local flavors, a beach and non-stop fun makes it the ultimate festival experience, but its greatest...

The domestic and European industry pushed their brakes
Date: 2011-08-12 13:20:42

Instead of the expected growth, industrial production declined in June in the eurozone and in the European Union as well – shows Eurostat's Friday published datas. The Hungarian industry shifted...

The crop destruction ordered because of the GM contamination affects8.5 to 9 thousand hectares
Date: 2011-08-12 13:15:49

The crop destruction affects approximately 8.5 to 9 hectares, about 4,500 hectares of GM contaminated seeds and about 4,000 hectares of buffer zones – said Czerván György, Secretary for the...

Consumer confidence has fallen dramatically in the United States
Date: 2011-08-12 13:01:33

According to the consumer confidence index published by Reuters / University of Michigan; a brutal deterioration occurred in consumer sentiment in the United States in August. On the basis of...

The Hungarian Association of Hotels and Restaurants advocates the restoration of the unified tourism tax
Date: 2011-08-12 13:00:39

The Hungarian Association of Hotels and Restaurants advocates the restoration of the unified previously used tourism tax in its Friday statement sent to MTI. The association also seeks to achieve,...

Tesco campaign for school start
Date: 2011-08-12 12:25:23

The action of school supplies and accessories is lasting since the end of July in the Tesco stores. The customers can choose among more than 1,700 products from the 25...

The Sziget festival Continues to be profitable
Date: 2011-08-12 12:24:59

The Sziget festival has grown into the largest cultural event of Europe. According to the reports and the datas; the company's success has been steady for years, and even the...

There will not be Tesco in the place of Domus
Date: 2011-08-12 12:22:12

More and more furniture and interior design stores are disappearing from the vicinity of Róbert Károly Boulevard. A few days ago the Material Center announced to change its profile, the...

Hungarians prefer advertisements sent in e-mail
Date: 2011-08-12 12:06:18

Hungarian citizens prefer commercials being sent to their e-mail address more than any other nation does. If a company or an institute send information in e-mail, using the clients real...

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No crisis on the luxury goods market