News and articles

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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Buszesz: energy drinks increased the revenue

Despite the recession Buszesz Ltd.’s 2009 turnover is expected to grow, by about 10 percent and may reach 6 billion HUF, compared to the previous year. Although the price of...

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The main consumer trends in 2010

Trendwatching.com, posted its top 10 list of the trends of the new year. The company's network consist of more than 500 observers follows the current consumer trends, all over the...

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Fornetti is the franchise network of the year

The Hungarian Franchise Association also gave its professional awards this year. Fornetti deserved the ”Franchise network of the year” recognition. The dynamic evolving young franchise network of the Year award...

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Bad Christmas for British retail

The British retail sales in last December, increased less than expected, mainly due to price increases. According to the Statistical Office; sales rose by 0.3 percent last month. Experts expected...

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Sixty billion for the SMEs

At the beginning of the crisis, 111 billion HUF was transferred to the support of small and medium-sized enterprises – states the Minister of Economy. According to Varga István, 60...

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Stratos Red Bull: a space mission

Colonel Joseph Kittinger, the legendary figure of Aviation, presents the Red Bull Stratos research program, aimed to collect data in connection with free fall, over the speed of sound. Felix...

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New sales manager at SCA Hygiene Products

From December 2010 Földesi György will be the new sales director at SCA Hygiene Products Ltd. The expert has  nearly 18 years of managing experience at multinational and at domestic...

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China may soon be the world's second largest economy

China's economy last year grew by 8.7 percent, exceeding initial expectations of the Beijing government. The news was reported by the director of the national statistical office. In the last...

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Recognition for the Costes restaurant

The Costes restaurant in Budapest won the award of dinningguide.hu gastro site which rewarded the best Hungarian restaurant of the last year. According to one of the owners, Gerendai Károly;...

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Starbucks produced triple profits

The American coffe chain, the Starbucks has successfully passed throught the difficulties, achieving a 241.5 million USD net profit, in the last quarter of the past year. A year earlier,...

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