News and articles

Improvement in external debt, stagnant real wages

According to the forecast of GKI Economic Research Co. made with the cooperation of Erste Bank, Hungarian economy will stagnate in 2010, but the external balance will show assets. The...

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More and more managers are getting optimistic about the future

According to the Global CEO Survey of the PricewaterhouseCoopers; The CEOs left behind their fears, about the prolonged recession. The year earlier pessimism is replaced by trust in future growth....

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Consumer protection take care of pálinka

The National Pálinka Council and the National Consumer Protection Authority signed a cooperation agreement, in order to help quality pálinka consumption on Thursday in Budapest, in the Ministry of Agriculture...

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The annual turnover of cosmetics and household chemical products is 300 billion HUF

Last year, the retail turnover of the household products and cosmetics increased by 1 percent, compared to the previous year and is around 300 billion HUF. Nielsen market research company...

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More and more costumers buy abroad, due to VAT increase

Household consumption decreased, due to the increase of VAT rate from 20 percent to 25 percent it also “fattened” black economy, and weakened tourism – states the National Trade Association....

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A six-year record in the U.S. economy

According to the communication of the Ministry of Commerce; GDP grew by 5.7 percent, which is much higher result, than the 4.6 percent that the analysts expected. In the third...

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Development instead of bankruptcy

The Pápa Meat Factory will implement a 500 million HUF worth technological development this year – said Politzer József, CEO of Pápa Meat 1913 Ltd. Politzer József, CEO said that...

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Last year, fewer people visited Austria

In 2009, the number of guest nights slightly decreased by 1.9 percent in Austria. The Hungarian travelers spent 8.8 percent fewer guest nights in the country. According to the preliminary...

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U.S. indices records

Manufacturing activity showed a revival in January. The Chicago purchasing manager index increased to 61.5 points from the 58.7 points of December reaching a level not seen for two years....

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Brau Beviale 2010: Industry celebration in Nuremberg

Brau Beviale will be held between 10th and 12th November 2010 in Nuremberg. Brau Beviale is the most important trade fair of the year, for the European beverage industry professionals,...

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Increasingly popular rural tourism

Rural tourism, may expand from the second half of the year. It is a popular form of recreation mainly among domestic visitors. Rural hospitality can be a break out point...

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Wincor Nixdorf presented new cash desk solutions

Fifty-nine IT managers of store chains and banks got acquainted with cost-effective and quick cash desk solutions, at the headquarters of the Wincor Nixdorf company in Paderborn, Germany at the...

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We are looking for the actions of the shops more consciously

According to the results of GfK Hungária’s Shopping Monitor 2009/2010 study; Consumers are getting more conscious. Nowadays the actions and promotions have prority status. The biggest interests are for the...

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Two million people used holiday vouchers

According to the Hungarian National Holiday Foundation; nearly 50 billion HUF worth holiday vouchers were marketet in Hungary last year. 2 million employees and close relatives used to holiday vouchers....

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This year there will be no SPS: We miss EU agricultural supports

Hungary announced to the union’s competencies, that Hungary will not adopt the farm-based agricultural support system, the SPS this year. The news was told the MTI by Gráf József Agriculture...

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The SPAR shopping bags serve charitable purposes

SPAR Hungary Ltd. is in strategic cooperation for many years with the Hungarian Maltese Charity Service. The two organizations are committed to social unity and help the needy effectively with...

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Dove returns to the purity of colors

The Dove was the first, more than 50 years ago, that introduced the pH-neutral soap. In 2010, as the symbol of hydration the brand dresses into white color and launches...

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Vanish’s charity program ended with laundry handover in Veszprém

As the closing of the Spotless Donation Program, the first rural laundry employing homeless people, was handed over on the 27th of January. Reckitt Benckiser supported the handover of the...

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McDonalds: Struggle with the franchise operators

McDonald's Corporation sued against Enrico Sodano, the operator of the German franchise, claiming that Enrico Sodano plans to open a restaurant competing with the hamburger chain. The informations came from...

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International confectionery trade fair in Cologne

Five Hungarian companies will also offer their supply, at the Cologne International confectionery trade fair (ISM) opening on Sunday, with 1503 exhibitors from 66 countries. Eighty-two percent of the exhibitors...

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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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