News and articles

Coca-Cola: climate-friendly refrigerators

Coca-Cola announced scheduled to the Copenhagen climate conference: The company will replace its vending machines and refrigerators to climate-friendly HFC-free refrigerators until 2015. With the switch to the HFC-free equipments...

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Retail sales fell further in October

According to Central Statistical Office; the retail sales volume were 7.5 percent below in the first ten months of 2009, compared to last comparable period. Compared to the previous month;...

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A growing number of internet bank cards users

The number of online stores are growing in Hungary. MasterCard's latest research seeked for the answer to what proportion of customers using the Internet card or other payment instruments. The...

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Gömböc in Shanghai

The Hungarian pavilion at the Shanghai World Expo must be ready until 15th March, trial will start on 1st of April. The star of the Hungarian stand will be a...

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Green supermarket chains already warns during purchase

Öko-Pannon starts a campaign with the 5 leading supermarket chains; the Cora, the Kaiser's, the Metro, the Profi and Spar, to highlight the importance of the separate collection of non-returnable...

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There is no restriction of competition in the market of Túró Rudi

The Economic Competition Authority (GVH) granted that Sole-Mizo Zrt. to gain control over the Túró Rudi business of Danone Ltd. Sole Mizo Zrt. contracted with Danone Ltd. in october 2009,...

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City Hotel expands from 300 million

The four-star City Hotel of Miskolc, expands with new rooms, conference room and restaurant. The North Hungary Operational Program supported the 330 million HUF investment with 130 million HUF. Sixteen...

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Slovenian trade network expands in Croatia

The largest Slovenian trade network, the Mercator buys its Croatian competitor, the Getro supermarket chain. Under the agreement, 16 Getro businesses will be purchased with the company name and the...

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Slovakian koruna will disappear next year

From January next year, one should not be indicate the prices in koruna on the Slovakian retail market in, only need to be indicated in euro. The Slovak retailers claim...

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More stimulus is needed – said Nobel laureate economist

Joseph Stiglitz laureate economist again expressed pessimism. In his opinion the U.S. economy may drop back in the second half of 2010. The government should work on a second stimulant...

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At the end of year 15 million bottles of champagne consumed

In Hungary, around 30 million bottles of champagne is sold annually, roughly half of this consumed by the end of the year, during the Christmas and New Year shopping period....

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The December turnover is just like the 5-6 years earlier

According to the National Trade Association’s (OKSZ) communication; December’s trade turnover fell to the 5-6 years earlier level. The volume of goods decreases since 2007. In December, the total trade...

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Sausages rush in November and December, 5 thousand tons sold last year

Accdording to Nielsen market research company; Close to 5 billion HUF, approx. 5 thousand tons of sausages were sold in November and December last year. Thus, 19 percent of the...

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GKI’s short-term index is on its last October level

The sharp increase of GKI’s short-term index continued in December, after a halt in November. The index is increasing since May, except November. The consumer confidence index -after a strong...

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Budapest in the Top 10

Budapest received a significant recognition again. The Hungarian capital was elected among one of the Top 10 tourist destinations of 2010, by an international tourist magazine. With the contribution of...

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Hungarian farmers can suffer the worst among EU farmers

According to EU's statistical office, the Eurostat; in the 27 Member States of the European Union a 12.2 percent reduction had been occured in the per capita income in the...

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Pozsony does not want Las Vegas

The Slovak government will continue to support, but members of the parliament are against Demján’s casino construction plans. The members of the parliament, rejected TriGranit’s one and a half billion...

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Cocoa and coffee deficit may come

On Friday, the future quote of cocoa decreased by more than 5 percent in New York, losing its whole exchange-rate gains of December. The price of cocoa is still in...

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BRIC: the new global pole

Eight years have passed since the Goldman Sachs (GS), first used the term BRIC. The BRIC is the joint of Brazil, Russia, India and China in order to play a...

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Brazilian turkey on British tables

The Christmas turkey travels more than ten thousand kilometers to the table of British families. One of the largest supermarket chain, the Asda transports the birds from Brazil, to Great...

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Mainly the fall in domestic demand caused the decline in GDP

Calculated on constant prices the domestic household consumption expenditure in the first nine months declined by 8 percent, that strongly affected the drop in gross domestic product (7.1 percent) in...

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Hundred billions for tourism development

With the support of the government and the European Union, 300 billion HUF can be devoted to tourism development until 2013. In the South-Transdanubian region, 30 companies won 10.4 billion...

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Panorama of the city market premises

Budapest downtown’s business premises market was afraid of the highest proportions vacancy of the last 9 year, a half year ago. According to the survey of Ecorys Magyarország; the crisis...

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In December, 30 percent of the annual quantity of fish consumed

Approximately 22-24 thousand tons will be this year's Hungarian fish production, which can be slightly higher, than last year’s– said Orosz Sándor executive chairman of the Hungarian Fish Producers Association...

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New urban mega-trends: digital bohemians and performance-oriented city dwellers

The Hamburg-based TrendBüro Social Trend Research Institute examined the latest urban lifestyle mega-trends on behalf of Nespresso, known best for its premium coffes. The life of a unique arrangement, the...

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Hungarian companies remain strong during the crisis

The Hungarian companies survived relatively positively the financial crisis – stated the Washington-based World Bank. "It seems that the Hungarian firms are the least affected by the financial crisis" –...

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Tesco spent 10 billion HUF on benefits

Tesco counts for a slight expansion in 2009, compared to the 602 billion HUF of the past year – said Antal Erzsébet the company's Chief Financial Officer on a Friday...

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Confident Germans, pessimistic French

The business confidence index in Germany increased better than expected, while in France decreased, despite an increase was expected. The Munich based Ifo Economic Research institute’s business confidence index increased...

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WOW – World of Whisky

Whisky or whiskey? The origin of the drink determines, how to write its name. This is also a key factor in the Wisk (e) y defining features as well. The...

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Lipton opens an Ice Park

The Városliget Skating Rink is closed, due to renovation. Lipton opens an Ice Park instead the former location for those who wish to skate. The 1400 square meters icepark is...

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