News and articles

Food prices remained high in the poor countries

According to an UN report; food prices will never return to the level of two years ago, before the price explosion. Prices will increase in the developed countries, with the...

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Trademark on Hungarian wheat

The National Association of Cereal Growers (GOSZ) created a trademark called Pannon Wheat that the producers could sell their extra quality wheat at good price on the markets, especially abroad....

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Cafeteria which is a special tool of motivation still worth it

According to the communique of Nexon; although tax will be charged to the fringe benefits, it will be worth to the companies from 2010-to avail themselves of these opportunities. The...

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World trade expanded last year despite the crisis

Global Merchandise export increased by 15 percent nominally and in real terms by 20 percent to 15.78 billion USD, while services increased by 11 percent to $ 3.73 billion USD...

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SZÖVET producer action in Budapest

The producers of the Association for the Living Tisza (SZÖVET) waiting their costumers at five locations in Budapest, in particular with peach, plum, apples, cherries, tomatoes, potatoes, and apricot. The...

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Eight products of Tortellino Ltd. can be marketed again

The Pest County MGSZH and the Food Chain Safety and Animal Health Directorate in the cases of 8 products lifted the block. Thirteen products of Tortellino Ltd. were blocked 30th...

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Innovating summer at Szentkirályi

In the summer of 2009 Szentkirályi Mineral Water Ltd., introduced several novelties at a number of products to be better suited to consumer needs. At flavored waters a new flavor...

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Lots of British pubs closed due to the crisis

An average of 52 UK pubs close every week because of the crisis. Last year, a total of 24 thousand people lost their jobs due to closure of pubs. In...

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The market share of Tesco fell a bit, while others grow

Tesco could not able to maintain its earlier market share in the British grocery market in the last three months, but the reduction was only one-tenth, so after the previous...

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Burgenland earmarks 2.5 million euros for tourism programs

The provincial government of Burgenland (Őrvidék) neighboring with Hungary has approved a plan for for six tourism program. From the amount, market work will be strengthened and infrastructure investment funds...

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MFB is still lending – with positive changes

The Hungarian Development Bank (MFB) has changed the financing of agricultural enterprises in three points. So far, more than 400 businesses get 19 billion HUF credit which was enough to...

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Tihany legend – 820 million HUF development can be realized

The local government has been cherished “Tihany Legend” tourism development project for years now. The project become a reality with a 600 million HUF EU support. The project aims to...

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Brussels is not willing to reduce the milk quota

Milk quotas will not be reduced and the freezing of the gradual quota increase, decided last year – states the European Commission's report, which leaked to several news agencies before...

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LEI index: recession can end in the United States

The composite index of U.S. economic indicators (leading indicators), increased by 0.7 percent in June, which is higher than the expected 0.5 percent. It is the third consecutive month, that...

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Hotel development slows down in the region

Two new hotels will open its gates in Budapest; the Expo Congress Hotel in Kőbánya and the Eurostars Hotel located at the First Site complex. However, not much can be...

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Another fusion in the Coop Group

The Economic Competition Authority (GVH) accepted that the food-group Nyírzem Ltd., – which is part of the Coop group will obtain 60 percent share in the Mezőkövesd Zrt. According to...

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Henkel stepped onto a better position on the list of the world's largest companies

Henkel improved 20 places to the 448th place on the 500 list of american Fortune magazine in the rankings of the companies with the largest turnover, furthermore the first time...

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Lots of students at McDonald's

This year summer work for students is ten times oversubscribed at McDonald's. The jobs have run out in a few days. Until mid-summer 3500 person tried to get a seasonally...

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The British Competition Authority against supermarket dominance

The British Competition Authority embraced the initiative, which would prevent the small local food markets against the domination of of large chains of stores. According to the Competition Authority; approximately...

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Carrefour to open 100 convenience stores in Malaysia

Carrefour has announced its intentions to open 100 convenience stores in Malaysia, focusing particularly on the company’s private-label brands, according to Malaysia Food and Drink Report. This is a significant...

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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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