News and articles

New business applications

Those businesses can tender for a total of 23.5 billion of EU funds, which tender for the New Hungary Development Plan’s (ÚMFT) now published in three appeal. Support applications can...

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New financial manager at Metro

Mándoki Csaba is the new financial manager of METRO Commercial Ltd. since yesterday. He was the controlling head of the central program office of Metro AG Shape 2012 formerly. The...

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Serious fines for Gastroyal

According to the Economic Competition Authority (GVH); The Gastroyal Food Catering Ltd. between March and June 2009 made unfair commercial practices with consumers. The company made such statements over their...

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250 jobs are in danger in Győr

The work has been suspended in the Pannon Poultry of Győr, because the firm has debts towards the workers. The company's management then decided to stop production for two weeks....

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The Bestillo won at the Pálinka competition of Gyula

The Pálinka competition of Gyula has ended. The Raspberry pálinka of the Bestillo Pálinka house became the favourite of the audience. The young couple who founded the Bestillo pálinka mnufacturer,...

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The GKI consumer confidence index is almost on its four-year peak

In April, the seasonally adjusted value of the GKI prosperity index continued to increase. The value of the GKI consumer confidence index increases strongly after the low point of April...

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“Net instead of fish” – a new element is added to the Élelmiszerlavina program

The Élelmiszerlavina (Food Avalanche) program, the joint initiative of Syngenta and the Hungarian Food Bank Association launched for the third time, this year, which was broadened with a municipal tender...

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Danone's claims were not rejected

Danone plans to reinforce that, contrary to some news, the EFSA (European Food Safety Authority) has not rejected the health benefits of Danone's Actimel and Activia. According to Danone’s coomunication,...

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While in Hungary bagmilk is becoming less used it is a blockbuster elsewhere

While in Hungary bagmilk is getting almost extinct, UK's Sainsbury's supermarket chain introduced bags packaged milk with success, over the expectations. According to Sainsbury's; 75 percent less packaging usage would...

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Due to EU rules the price of eggs may increase double-fold

The price of eggs may be doubled, if the producers have to introduce the new animal-friendly breeding techniques. The development could cost up to 50 billion HUF to the industry,...

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Retail should respond to the demographic challenges

Just like in the major part of Western Europe, Central and Eastern European (CEE) countries also facing long-term demographic challenges, just like the stagnation or decreasing of the population and...

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Fortune: The list of the 500 largest U.S. companies

Fortune has published their annual list of the 500 largest U.S. companies. Wal-Mart recovers first place from Exxon Mobil oil company, so Wal-Mart became the largest reatail chain again, after...

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The season begins at the Lake Balaton

Over the past five years, the number of guest nights increased by fifty-two percent at the Lake Balaton, where this year a further recovery is expected. Üsztöke Botond, president of...

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Improved global economic forecast

The performance of the World Economy expected to be increased by 4 percent this year, but this is still mainly the result of the stimulative measures, so a slower growth...

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The Pálinka coctail will soon debut

Beside the debut of the Pálinka coctail, concerts and tastings will also color the programs of the Budapest Pálinka Festival, which will be held at the Budapest City Hall Park,...

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The possibilities of the Széchenyi Card would be broadened

The contractors claimed that the state-sponsored Széchenyi Card working capital credit facilities are maintained and new opportunities to connect to it – said Dávid Ferenc the Secretary-General of National Association...

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Danone's revenues were grown

The world's leading yoghurt manufacturer, the Paris-based Danone Group’s revenues increased by 8.3 percent to 3.98 billion euros in this year's first quarter. The most dominant reason of the increase...

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Hungary has the worst inflation rate in the EU

In March, a 1.4 percent inflation occured in the euro area on an annual basis. The monthly inflation rate was 0.9 percent in the whole EU. Annual inflation was 1.9...

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Demján’s real estate development in Croatia soon to be complete

The works are going full steam, at Croatia's largest building site. The “Arena Centar” will be ready in time at Laniste district of Zagreb. "The Arena Centar will open its...

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Real earnings increased by four percent on average, over a year

At the companies, with at least 5 people and at financial institutions, the reported gross average earnings in the first two months of 2010 increased by 3.7 percent, the net...

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Optimistic forecasts on this year's GDP

While the government and central bank forecast predicts a 0.2 percent decrease in GDP for this year, the economic research institute expects at least stagnation, or a 0.8 percent growth...

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Unexpected deterioration in U.S. consumer confidence

Contrary to the expected rise, the consumer confidence index of the University of Michigan shows decline: standing on a value of 69.5 points in April, compared to the previously predicted...

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It will not hurt to be careful with energy drinks!

How safe are the energy drinks? The National Chief Medical Office, the National Food and Nutrition Institute and the Hungarian Food Safety Office organised a conference on the 13th of...

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Brau Beviale 2010: People will always drink – but what?

Between 10 and 12 November approximately 1400 companies dealing with beverage raw materials, technology, logistics and marketing will represent in front of 34,000 potential customers in the Nuremberg Brau Beviale...

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Own branded products in the focus of METRO

METRO’snew, two-week campaign of own branded products starts today. The company offers hundreds of products in the scope of discount offers and presents new own branded products as well. "This...

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Wage increases at Kométa

The '99 Kométa Co. was the first among the meat companies, that was negotiating with the trade union and increased the wages of its workers, despite the economic crisis. The...

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12 percent more insolvency proceedings in the first quarter

This year's first quarter, the companies insolvency index increased by 12 percent, over the same period of last year – reports Coface Hungary credit insurer. 54.44 percent of the procedures...

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Swedes and Italians like to party in Budapest

The Hungarian capital is an increasingly popular destination among the Italians and the Scandinavians, particularly the Swedes. The statistics show that in the first two months of the year, the...

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The GDP grew by 11.9 percent in China

China's gross domestic product (GDP) grew by 11.9 percent in this year's first quarter over the same period last year – announced the Chinese Statistical Office on Thursday. This year's...

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Findus to close

The company’s general meeting decided, that after eight years of operation Findus Hungária food distributor Ltd. will wind up – reports Napi Gazdaság. According to the informations of Napi Gazdaság...

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