Coface: the insolvency situation of the companies deteriorated further

Coface: the insolvency situation of the companies deteriorated further

In this year's first nine months, the insolvency indicator of the companies increased by 30 percent, compared to the same period of last year – shows the most recent analysis...

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Food Labels: warranty differs from expiration date

In Germany, every year nearly 20 million tons of food are thrown into the trash because of the expiration date. Partly why a debate started about whether it would be...

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The Lipóti Bakery can be Europe's best company

The Lipóti Bakery has been included among Europe's 10 best companies at the European Business Awards. The competition finals will be in November. The top ten was selected out of...

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Magazine: Cities with the most Michelin stars

A US website compiled the list of cities with the highest number of Michelin-star restaurants per capita. There are 5 French cities in the top 20 but the number one...

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The dm drogerie markt increased its turnover

The dm drogerie markt increased its turnover in the 2010/11 financial year on group level, also increased the number of its shops and its employees; dm's turnover in Hungary in...

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Nestlé sales decreased

The Swiss Nestlé published its third quarterly flash report. The company has reported a decrease in revenues. In the first nine months of the year, the company reached revenues of...

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Chinese investor establishes a citric acid manufacturing plant in Szolnok

The plant will provide work for 350 people and will cost about  90 million USD, which – as planned – will be 30 percent of own contribution, and the rest...

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Business insurance companies may enter into organized health tourism

The Hungarian organized medical tourism is based on the fact that in Hungary health care is much cheaper than in Western Europe. Beside the surgery, the rehabilitation could also be...

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Gastronomic festival in Kőszeg

A gastronomic festival will be held at the weekend in Kőszeg, connected to the traditional Orsolya Day Fair, under the tastes of Natúrpark. Pócza Zoltán, director of the Jurisics Castle...

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The Hotel Association welcomes the uniform tourism tax in the capital

The Hungarian Association of Hotels and Restaurants (MSZÉSZ) welcomes that the districts of Budapest, in collaboration with the capital decided over the uniform application of the tourism tax. The association...

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Resturant Costes ranks high by Gault Millau Austria

Costes has the reason to celebrate another success: out of 20 points, the restaurant has received 18 by the famous restaurant guide Gault Millau Austria (Gault Millau Österreich), which means...

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Winelabel exhibition in Pécs

A winelabel-exhibition linked to the new wine is going to open its gates on 10th November in Pécs, at the Hattyúház Gallery, thanks to Vylyan Winery. The exhibition will be...

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Beer-lovers are loyal to their favourite beers

Szomjoltóság has carried out a research project to find out the beer-preferences of the Hungarian population. They found that 94 percent of Hungarians find it important to have their favourite...

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New Christmas coat for Zubrowka

For the holidays, vodka Zubrowka dons a new fur coat. Nestled in a green coat the bottle celebrates nature and the remote parts of its native Poland. The cover mimicking...

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460 farms competing for farm-development support

A farm-development program was closed on 30th September with 460 competitions, competing for more than 2.5 billion HUF which is well beyond the original sum intended for the program (930...

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Flour is cheap, but all other factors justify a bread price increase

The price of flour does not increase bread prices, but other production costs might motive bread price growth. Werli József, Secretary General of the Baking Industry Association told to Népszabadság:...

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Most of the small and medium businesses are expected growth in revenue

78 percent of the Hungarian small and medium enterprises (SMEs) calculates with revenue growth for the next year, while 15 percent expects decline – shows the SME confidence index research...

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The Hungarian Association of Brewers criticizes the chips-tax on flavored beers

According to the Hungarian Association of Brewers;  the extension of the chips tax on flavored beers causes a competitive disadvantage, does not serve the original purpose of tax and means...

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The Ministry of Rural Development decreased this year's funding source for sugar beet growers

The Ministry of Rural Development has reduced this year's additional financing source for sugar beet growers by 800 million HUF – said Czerván György, State Secretary of the Ministry of...

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The Budapest International Fair has been opened

The Budapest International Fair (BNV) has been opened on Wednesday in the Budapest Fair Centre. Three hundred and fifty exhibitors of ten countries will represent themselves between the 19th and...

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The food processors and the Ministry of Rural Development may meet next week

The meeting of the food processors and the Ministry of Rural Development over the chips-tax was shifted to next week. The industry representatives wrote a letter two weeks ago to...

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Kraft and Krüger caught on cartelling

The investigation of the German cartel office showed that the Kraft and the Krüger made prohibited price negotiations over their traded instant cappuccino, so the two companies should pay a...

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The State may determinate the meal voucher issuer

The prior press releases were corect: the tax laws of 2012 submitted last Friday practically contains the the nationalization of meal vouchers. The cold food vouchers will remain after January,...

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The country's first gipsy restaurant opened in the city of Békés

Gypsy hen cabbage, duck neck with knife-cut noodles, chicken and back with moring – these and similar foods can be found in the menu of the country's first gipsy restaurant...

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Magazine: Are traditional places of shopping still important?

Thanks to the significant changes that occurred in Hungarian retail in the past 15 years hypermarkets, cash&carrys, supermarkets and discount stores became more significant places for shopping, to the detriment...

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This first GaultMillau Hungary guide to be released in the spring

2012 is going to see the release of GaultMillau Hungary restaurant guide. The major purpose of the publication is to classify HUngarian restaurants in an objective manner, compared to the...

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The confectionery industry's international meeting place – strong demand from abroad

German federal Minister Ilse Aigner will be on hand to officially open ISM on 29th January 2012 in Cologne Preparations are gearing up for the 42nd International Sweets and Biscuits...

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Tourism is a key component of rural development

One of the key elements of the National Rural Strategy is rural and farm tourism, which might turn out to be a breaking point for rural development – József Ángyán,...

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Compaint about the privatisation of Budapest Airport

Commissioner's Office of the Government has made a criminal complaint in the matter of some €85m in damages to the Hungarian state resulting from the failure of the owner of...

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Ipsos Global @dvisory: The Economic Pulse of the World

A major analysis of world public opinion was released today by Ipsos— one of the world’s largest market and opinion research companies. The report, titled “Ipsos Global @dvisory: The Economic...

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