News and articles

The 40th World Economic Forum opened in Davos

The 40th World Economic Forum opened on 27th of January in Davos, which is intended to focus on the creating of a saner world economy, a more responsible international banking...

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Winding ups and liquidations in all quantities

According to Creditreform Ltd.; the number of insolvency proceedings in 2009, exceeded 14,600 which is a 29 percent increase, compared to 2008. In the cases of winding ups, the growth...

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The Hotel Room of the Year is an AMA creation

The professional jury gave the Hotel Room of the Year award, in the category of four star hotels to AMA Creation for the rooms of EXPO Hotel. The publisher of...

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Visa is satisfied with its 2009 results

According to the results of Visa Europe; Visa debit cards performed well last year. Total card spending increased by 6.3, while the number of POS transactions increased by 10 percent....

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A growing number of consumer complaints

The Budapest Conciliation Board closed 1774 cases last year. This is nearly 400 more cases, than the 1398 cases of 2008 – said Baranovszky György the Chairman of the Board...

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The “Together for the nurseries” program ended with great success

The Executive Director of Tchibo Budapest Ltd. and Csisztu Zsuzsa, the ambassador of the campaign, handed over the 600 thosand HUF support to the representatives of the six winning nurseries....

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The world’s best restaurant will held a two-year break, due to innovations

Ferrán Adriá, owner and chef of Spanish El Bulli restaurant will close the world’s best restaurant for two years, because he is looking for Gastronomy renascence. The three-Michelin-star El Bulli’s...

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New sales manager at XAPT

Kovács János was appointed as the Hungarian head of sales at XAPT, from the 13th of January. The newly appointed leader will be responsible for the sales operations management and...

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Penny Market: a fine for trappista cheese

The Economic Competition Authority fined Penny Market Ltd. to 33 million HUF, because the company made unfair practices against consumers in connection with its “13 years of action”, took place...

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The confidence restored

This year, businesses expect a positive change, since the K&H SME confidence index has risen to the value before the crisis, standing on -14 points. Last time the index value...

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EBRD expects a recession in Hungary for this year

Risks borne the recovery prospects of the Eastern European region – said the President of the European Bank for Reconstruction and Development (EBRD). who, believes there is a cause for...

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U.S. consumers are still confident

Conference Board's consumer confidence index, increased to 55.9 points in January, from the 53.6 points of December. The recent positive data is a surprise. Analysts expected only 53.5 points. The...

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2010 can be an effective year for the Tóalmás meat plant

The Tóalmás meat plant achieved a significant, approximately 20 percent revenue growth in spite of the crisis. Although they could not enforced increase production costs in their prices last year,...

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Near seven billion USD traffic between Hungary and China

Hungarian export value increased by 4 percent, between Hungary and China. The two countries are getting more open towards each other. According to Chinese trade statistics; last year the traffic...

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Johnson & Johnson's report brought positive surprises

Johnson & Johnson published better than expected results in its fourth quarter report. The company earnings per share was 1.02 USD, by eliminating the effects of the single items, while...

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Univer’s “Kitchen Devils” action was highly successful

The main prize of Univer’s “Kitchen Devils” game campaign was lotteried. The lucky winner won a 1 million HUF value purchase order. During the game, more than 340,000 SMS messages...

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Germany can redeem 50 billion worth of fuel

According to the experts of the German Federal renewable energy organization; Germany may be able to significantly perform beyond EU's directives of share in 2020 in the case of renewable...

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Octavian Dascalescu is the new CEO at BAT Hungary and BAT Austria

A new CEO was appointed as the leader of the British American Tobacco Hungary (BAT). The Romanian-born expert, who can speak Hungarian replaces Emil Moskofiant, who was the CEO for...

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The retail on slope

According to the Central Statistical Office; the retail sales volume adjusted from calendary effects, decreased by 5 percent, in the first 11 months of 2009. In November, it was 7.8...

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Hungarian success at the Green Week

Hungary was the main guest and stood in the focus for ten days, on the world's leading agricultural and food trade fair, the Berlin Grüne Woche, ended on Sunday. The...

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Three exhibitions at one place

Hungary’s one and only exhibition of viticulture and winery technology offers an ideal opportunity for introduction in the rest period for the sector, before the beginning of the seasonal works....

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The GKI economic situation index improved further

The seasonally adjusted value of the GKI economic situation index started the year with a slight rise. The number of those, who believe in increase of the production is the...

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2010 will be the year of kékfrankos

2010 will be the year of kékfrankos in Szekszárd, where an international kékfrankos wine competition will be held, on the 24th and 25th of May. Beside the domestic wines, Slovakian,...

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Whiskas.hu became the best site of the year

The Hungarian Whiskas web site became the best site of the year, in the best brand sites category, on the voting of the Internet Marketing Club (member of the Hungarian...

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Biofuel is manufactured from the quarter of the American grain

Food could be provided to hundreds of millions of starving people, from the grain that serves as biofuel in the United States. The bio-ethanol program also plays a role in...

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Germans purchase, despite bad sentiment

According to the survey of GfK; The consumer climate continues to deteriorate in Germany, but the buying mood is improving, thanks to discount prices. The bad mood of consumers is...

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If you already have luxury, show it

According to the attitude survey of Synovate, on international luxury goods, the number of those who not only buy, but show their luxury goods is the highest in Hong Kong....

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Tesco joins the movie industry

British Tesco is trying to enter to a new market; this time trying to enter to the movie business. According to the plans, the chain would participate in the filming...

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Re-alluring the East Germans

The Plain and Lake Tisza region for many years are consistently trying to allure back the tourists from the East German provinces. There is also a great interest for Lake...

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Molecular components in the nano-food

Nanotechnology is said to be the most important food preparation novelty of the 21st century. According to technologists; due to nanotechnology, our dishes will be healthier, more refined and cheaper....

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