Government to Sell Minority Shares in Budapest Airport Zrt.

Government to Sell Minority Shares in Budapest Airport Zrt.

In a resolution, the government has given the minister for national development, who is also responsible for the supervision of public assets, the green light to exercise an option to...

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EU-commerce, terrorism and drugs

The EU-US Workshop on Terrorist Financing was held under the Hungarian Presidency in Budapest on June 6-7, 2011. The Workshop was opened by Roland Nátrán, Deputy State Secretary, Ministry for...

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Hungarian wines classified according to EU-categories

Hungarian wines will be classified according to a new category-sytem commensurate with European Union norms, Rural Development Minister Sándor Fazekas announced at a press conference on Thursday. All Hungarian wines...

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Information society is a new thread to FMCG

The Consumer Goods Forum (CGF) is a global, parity-based industry network, driven by its members. It brings together the CEOs and senior management of over 650 retailers, manufacturers, service providers...

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VinAgora: international wine competition in Pécs

The wines of nineteen countries will compete for the medals of Central Europe's dominant wine competition, that will be held in Pécs from Thursday. The international wine competition will last...

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Pálinka distilleries can obtain sources

At the settlements with fewer than five thousand inhabitants, the supportable micro businesses will be extended with the pálinka distilleries – said V. Német Zsolt, Secretary of the Ministry of...

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European supermarkets were awarded in eleven categories

The International Council of Shopping Centers (ICSC), handed over the recognitions of the shopping centers on Wednesday at the 2011 European Shopping Centre Awards. The recognitions were handed over in...

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The card rules of the Széchenyi Rest Card have changed

The government has fixed the contribution fee at 1.5 percent after the services of the Széchenyi Rest Card and modified the conditions for applying for partner cards – writes the...

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A growing demand for luxury items

After the crisis, last year the sales of luxury goods broke a record again, especially in the emerging countries perceived high level of interest. According to the survey of the...

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The European online advertising market grew by fifteen percent

Among the online advertising types, display advertising grew the fastest last year by 21.3 percent, while the former catalyst of the market increased by a total of 15.1 percent –...

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Record traffic at the Liszt Ferenc airport

In the first five months of the year, 3.1 million passengers visited the Liszt Ferenc airport. This is a new record: This year's traffic is 13 percent higher, than the...

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National products in Europe

In Hungary the transformation of new or old brands is usually carried out by large multinational companies as the costs of innovation and advertising are high. Experience is that domestic...

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The Budai Gourmet ended with a loss

Only ten thousands paying customers attended the Budai Gourmet culinary festival instead of the expected 25 thousand, so the first time this year, an event organized by the Sziget Kft....

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Sainsbury increased its turnover

The third-largest British supermarket chain the Sainsbury increased its turnover (without calculating fuels) by 4.3 percent in the first 12 week of its current fiscal year ended on the 11th...

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New City SPAR in Budapest

On 16th June 2011, the fifth CITY SPAR supermarket has opened its gates in order to offer comfortable and fast customer service. As a result of the complete reconstruction of...

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China is now the third most common destination for Cuban cigars

Cuba exported six million cigars more last year than in 2009, but the industry's performance does not reach the 100 million pieces export of 2008. As a result of the...

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Co-operation within the HORECA-scene

The Association of Hungarian Caterers (MVI) and the Association of Touristic Managers (TMSZ) held a meeting on 8th June 2011. The two assoctations agreed to help each other professionally and...

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HORECA event in August in Kunszentmiklós

The first weekend of June is going to see a nationwide trade show and festival for everybody working in the HORECA scene. The event will be located at Kunszentmiklós and...

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Consumer Goods Industry Announces Global Resolutions on Health & Wellness

On the first day of its annual Global Summit in Barcelona, The Consumer Goods Forum unveiled new industry-wide resolutions on consumer health and wellness. The three resolutions, approved by the...

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While inflation is under four percent, food prices have risen well above the average

The rate of inflation was substantially lower than expected in May, and all signs indicate that the rate of price inflation will slow down in the rest of the year....

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The EU decision on food labeling was born

The Hungarian Presidency agreed with the European Parliament and the European Commission about the reform of food labeling – reported Reuters. Under the new rules, the energy, the salt, sugar,...

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75th OMÉK in Budapest for rural development

After six years, the Hungarian Agricultural and Food Exhibition (OMÉK) will be organized again in Budapest between 28th September and 2nd October at the fair center of Hungexpo near Kőbánya....

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Vegetable growers will be compensated by the end of the summer

The Union is providing 210 million Euros for the immediate assistance of vegetable producers – announced Commissioner Dacian Cioloş. The degree of compensation will be equal to 50% of the...

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The online coupon market is evolving at amazing speed

The turnover of the community purchasing web sites dealing with bonuses and coupons is expected to be more than two billion forints this year, but can reach three billion forints....

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The poultry-breeder can also be a processor

The biggest problem for the farmers in the poultry sector is the high feed prices – said Fazekas Sándor Rural Development Minister on Tuesday, in Kunmadaras. The Minister told that...

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The LMP urges a six-month network expansion moratorium

According to the LMP party, the National Assembly should proclaim a moratorium on the network expansion of the large retail chains as soon as possible. They fear that even before...

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Budapest Bank issues a Tesco shopping card

Thanks to the collaboration of Budapest Bank and Tesco, the chain's customer loyalty program will be expanded by a new credit card service. The recently issued Tesco customer card rewards...

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The first Hungary hotel, that received five stars

The Kempinski Hotel Corvinus Budapest has received a five-star rating of the Hotelstars system. Emile Bootsma, hotel manager received the certificate from Kopócsy Andrea honorary president of the Hotel Association...

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Mineral waters under bottle pressure

Mineral water sales had been growing for years but this positive period turned into stagnation, which after a while lead to declining sales. Last year minus 3 percent was registered...

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This year the vacation in the Adriatic may be cheaper

Annually about 300 thousand Hungarians visit Croatia for holiday purposes, which is only a drop among the nearly 10 million tourists. This year, due to the weaking of the the...

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