News and articles

Agriculture expects one hundred billion HUF credit from banks

The Hungarian Agriculture Chamber sent a letter to Secretary-General of the Hungarian Banking Association Nyers Rezső that commercial banks to ensure the farmers' resource needs. According to experts of the...

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Great interest on the thirty-billion source

According to information provided by the Agriculture and Rural Development Office (MVH) 3800 applications had been received from farmers for agricultural machine support. The non-final data show, that the demand...

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Hungary may take action against Slovakia

If Hungary and Slovakia, do not agre in the common usage of Tokaj name Hungary may take the case into court to challenge Tokajská, Tokajská and Tokajsky names. According to...

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International Honey Fair and Beekeeper Meeting for the twenty-second time

On the 1st of August 2009 the 22nd International Honey Fair and Apiarian Meeting will be held in Jászberény again. Those who interested can hear the presentations about bee products,...

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Hungary’s fresh fruit exports can be ground on bananas

Hungarian banana consumption steadily rising for twenty years and at the same time, the re-export. Fifty-three percent of the fresh fruit export comes from banana export in the winter months....

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Social shop to open in Paks

With the participation of the Hungarian Famers Cooperative Association and Hungarian Farmers, Tolna county’s 1st social shop opened which is the 53rd social shop int he country. Two more shops...

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Nescafé celebrates its birthday

Exactly forty years ago, it was in the hand of Armstrong during the conquest of the Moon. For the 70th birthday of Nescafé a virtual gallery to open from the...

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Travelers to the United States purchases nearly third of their money

According to Karen MacDonald, Communications Director of Taubman Centers shopping mall operator group, most of the foreigners visit to the United States for shopping and to try good restaurants. America...

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The Shoppa.hu virtual store has been opened

New online trading portal has been open for small wholesalers and service providers. Those who interested can find themselves in a virtual store, where they have right to lease products...

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The way to taste beer – according to Dreher

With some practice one can not only be able to distinguish the main beer types, but also be able to choose ones favourite from the other beers, even blindfolded. Before...

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The National Trade Association agrees with the President

The Secretary OKSZ agrees with letter of the President, where Sólyom László justifies the reasons why he sent back the law prohibiting the unfair distribution behavior of agricultural and food...

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Variable quality of the grain harvest

The rainfalls of June, harm the cereals: the quality of this year's barley and wheat are mixed. According to the announcement of the Ministry of Agriculture which was harvested before...

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Mirelite liquidate itself

The Mirelite Csepel Hűtőipari Ltd. is no longer to finance its operation costs due to the declining demand and tightening bank credit. The pioneering company in the production of domestic...

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GKI – The competitive and business environment indexes of Microsoft- 2009. July

The GKI Economic Research Ltd., with the support of Microsoft publishes a quarterly index, where Hungary's competitiveness is compared to other countries of the region, as well as domestic and...

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Quitt Tours quits

Quitt Tours travel agency reported insolvency. The insurance of the company is assumed to ensure the bringing home of fifteen passengers from abroad, but unable to compensate all the claims....

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The amount of the nylon shopping bags halved in a two year period

With the assistance of seven leading UK retail chains, including Tesco, Asda and J Sainsbury, in Great Britain, the number of nylon shopping bags in May halved, compared to the...

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We should wait for Szobi syrups

Despite the new owner bought the Szobi syrup manufactory from the liquidator for 450 million HUF the production has not started yet because of the lack of agreement with the...

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Food Lion builds green grocery store

Delhaize’s Food Lion is building its first green grocery store. The store, located in South Carolina, will feature a number of environmentally friendly construction and energy-efficient services, including an on-site...

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Vulcano chocolate: does not melt, do not fatten

The British press proclaimed Vulcano as the “Holy Gral” of chocolates. Vulcano contains 90 percent fewer calories, than the traditional chocolates and much more difficult to melt. The product was...

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New managers at SCA

Dr. Ránky László, managing director of SCA Hygiene Products Ltd., and also director of the Consumer Division has retired on 30th June 2009 after more than 10 successful years at...

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Algida's factory in Veszprém

Unilever Hungary Ltd. has just opened its factory-building to visitors in which brands like Magnum, Cornetto and other Algida-delicates are going to be produced. The new building is 8700 square...

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The EU's agricultural support is a threat to global food security

The European Union's agricultural support makes the agricultural development of the third world very difficult – warns EurActiv EU news portal.  On the G8 meeting in Italy the G8 countries...

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Ikea needs to cut more jobs than expected

Swedish flat-pack giant Ikea must cut more jobs than previously announced as the financial crisis continues to weigh on demand for its furniture, founder Ingvar Kamprad announced.  Kamprad did not...

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Three kinds of VAT rates in hotels

From now hotels can apply three kind of VAT rates, during the designation of the new reduced VAT rate. For spa massage zero, for the accommodation 18 percent, for purchasing...

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Tesco expands further – in Asia and in Europe as well

Despite the global economic slowdown Tesco continues to invest in Asia – said Andrew Higgins, the Director of Retail Services. European Expansion continues as well. According to Andrew Higgins, Tesco...

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New CEO leading the coffee and tea division of Sara Lee Hungary Ltd.

The coffee and tea division of Sara Lee has a new CEO starting from 1st August 2009. Carolina Schulten follows Tibor Seres Dr, who plans to continue his carreer elsewhere....

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Strict Ukrainian rules for the meat-industry

Ukraine has announced that the country would only allow the delivery of meat-products that have been examined by the controllers of the authority. The new rule takes effect on 23rd...

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Wal-Mart about to develope an index to check product sustainability

The world's biggest retailer Wal-Mart Stores Inc, announced the development of an index that will be used to measure the social and environmental impact of the products it sells in...

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An increasing number of under age, foreign and organized offenders steal from the shops

According to Népszava the experiences have shown that thefts in Hungarian shops have became more organized and tend to lower-value goods than in the past. According to Fodor Attila, spokesman...

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Increasing food-prices in developing countries

Domestic food prices in developing countries remain high despite a sharp decline in international prices and overall good cereal harvests, FAO warned today in its latest Crop Prospects and Food...

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