Promising retail sales in December

Promising retail sales in December

OKSZ calculates on the basis of the turnover of the pre-Christmas days that in December of this year the population spend about 5 percent more, a total of 840 to...

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Agri prices will increase in 2011

The wheat, corn, canola, coffee, sugar, cocoa, soybeans, rice – practically every agricultural product prices have increased this year, and some in a record level. In many cases the prices...

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The Hungarian Hotel Association sees no reason for optimism

Hungary's hotel industry will not be the winner of the economic recovery. In Hungary the guest traffic is more modest, than in the most important European competitors of the country...

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Next year it may be easier for SMEs

The 2010 year was very difficult for the Hungarian micro, family and small businesses, however, the enterprizes look with confidence to the 2011 year – told Szűcs György, Chairman of...

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The number of employees should be increased by ten percent

Thanks to the new Széchenyi Plan, 2000 billion HUF may flow into the economy. The number of employees should also be increased by ten percent in Hungary – said Fellegi...

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One-third fewer people love purchase loans

As a result of the downturn the popularity of various loans decreasing from year to year, so a drop occured in in apartmant loans and account loans. Many people applied...

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After Christmas comes the swap

The unnecessary Christmas presents can be changed back at most of the dealers for a good time. In most places the price of the product can be purchased, but only...

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America paid Online

Webstores had a great year end rush. The latest data show that online retail sales during the holidays rose by 15.4% compared to last year – reports CNBC. The traders...

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PC in the phone

This year, twice as many people bought a smart phone, than as in last year. An increasing competition is expected. The end of the monopoly of iPad is expected. In...

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Magazine: Cable channels are stagnating, TV2 is getting stronger

Péter Kiss, TV2’s programme director is optimistic about the future as the expansion of cable channels was drawn to a halt and the biggest advertisers increased their spending, compared with...

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Burdened risks, but the economy will increase next year

This year, economy increases more than expected. For 2011 a further acceleration is expected but there are still risks – summarizes the Világgazdaság Online next year's projections of the various...

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Product-placements are allowed now

Product placement will be allowed in UK TV programmes for the first time, media regulator Ofcom have announced. From 28 February 2011, paid-for references for products and services will be...

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Champagne is catching on again

The crisis that shook up the world’s financial markets in 2009 did not spare the champagne industry. In 2010, however, the industry began to bounce back. Dr. Stephen Charters, Reims...

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Post-Christmas discount sales to start

It is expected, that the post-Christmas discount sales will start today. Due to the accelerated buying habits, the traders do not wait until January, and start the discount sales, in...

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The president of the GVH would strengthen the client-friendly nature of the Competition Authority

Juhász Miklós, the new president of the Competition Authority would strengthen the client-friendly nature of the Economic Competition Authority (GVH), that has substancial and technical elements. According to the president;...

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Multi-Pay Card from January

The Multi-Pay Cards can be used from January, and from February 12 thousand electronic terminals will accept the Multi-Pay cards nationwide. The multi-function card was developed by Hungarian experts to...

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Festival winner created the image film about Hungary

A seven minute long image film created recently, on behalf of the Ministry of Foreign Affairs in preparation for the rotating EU presidency. The film created by Madarász Isti, who...

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The chestnut puree will be re-regulated

The Ministry of Rural Development will continue to campaign against poor quality products: the Ministry’s latest measure will rewrite the 30 year old rule over chestnut products. In many of...

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German manufacturing industry may increase with a slowing rate next year

In Germany, manufacturing industry output may increase by approx. 5 percent, so 70 thousand new jobs would be created in the sector. According to the Association of the German Chambers...

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Tesco expands in the Czech Republic

Tesco expands its network in the Czech Republic with the purchasing of 128 smaller supermarkets if the company will receive the approval of the competition authority. The British supermarket chain...

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Fewer grapes grew in Pannonhalma

Half of the predicted quantity was harvested in the region of Pannonhalma – said Liptai Zsolt, manager of the abbey’s winery. The new wine quality is good but not outstanding....

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Coca-Cola focusing on a new market for non-carbonated brands

With the aim to strengthen its non-carbonated health drinks range, Coca-Cola India rolled out its ready-to-drink iced-tea brand Nestea in the Mumbai market. The newly launched drink will be made...

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Post Christmas rush has already started on Saturday night in London

The Post Christmas discount sales have already begun on Saturday in the United Kingdom. Despite the cold weather and the economic crisis, costumers were gathering in front of the stores...

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A 60s sytle retro hypermarket was built

Off-site construction specialist and Portakabin subsidiary, Yorkon, has completed one of its most challenging and unusual projects for Tesco – a specially-designed 1960s-style supermarket for this year’s Goodwood Revival, the...

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Outrageous cigarette-advertisement banned

Cigirex, the electronic cigarette company, have had their national press advert banned by the Advertising Standards Authority (ASA) after breaching CAP Codes 3.1 (substantiation) and 7.1 (truthfulness). In the advert,...

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Magazine: Future embedded in the present

David B. Wood has been the commercial director of Tesco Global Áruházak Zrt. for 3 months. He started his career at Unilever, later worked for Kraft Foods and joined the...

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GKI: The recession is over soon?

According to the forecast of GKI Economic Research Co., the Hungarian economy is recovering slowly from the recession. In the world economy the Irish crisis that followed the Greek one...

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Crisis-taxes remain, according to 2011 budget

The Hungarian parliament approved the 2011 Budget Act which they referred to as the budget of resurrection. The new budget shows revenue of HUF 13,151 billion and expenditures of HUF...

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Police investigates Aeroviva's bankruptcy

Even the police have started a case on suspicion of misuse of documents and other crimes related to the bankruptcy of travel agency Aeroviva, the Budapest Police Headquarters informed MTI....

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Fish-control for food-safety goes on until early January

Intense and strict controlling of stores and restaurants offering fish started in early December, and will go on until early January: the fine might even surpass millions of forint in...

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