News and articles
Five-point improvement in consumer confidence in June
Date: 2009-07-07 00:25:00
Nielsen market research company's consumer confidence index improved to 45 points in June after the 40-40 points of May and April, and the 37 points of March. The consumer morale...
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Guest traffic decreased
Date: 2009-07-07 00:22:00
According to Central Statistical Office the number of foreign and domestic visitors in 2009. January and in May decreased by 16, and 9 percentage points compared to the results of...
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Adapting to recession
Date: 2009-07-07 00:21:00
According to the forecast of GKI and Erste Bank, Hungary, Hungarian GDP is likely to drop by about 6.5 percent this year, but the external balance is set to improve...
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Loan guarantee for 189 billion HUF in 6 months
Date: 2009-07-07 00:16:00
The Garantiqa Loan Guarantee Ltd. reported assuming guarantee for 15,532 contracts amounting to 189 billion HUF on the loans of small and medium enterprises (SME) in the first half of...
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PepsiCo plans one billion dollar investment in Russia
Date: 2009-07-07 00:12:00
PepsiCo Inc. has announced plans to invest US$1 billion (€720 million) in Russia over the next three years, together with its partner Pepsi Bottling Group. The company says that the...
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More milk and fish, but less fruit and potatoes were consumed in 2007
Date: 2009-07-07 00:08:00
According to the Central Statistical Office, food consumption per person was a total of 61 kg in 2007. The domestic meat consumption in 2007 was 63 kg per person. The...
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Dreher – The Responsible Drinking Program was renewed
Date: 2009-07-07 00:04:00
More than 41 thousand people visited the www.alkohol.info.hu web site, which expanded with new themes as the newest element of The Responsible Drinking Program of Dreher Breweries Ltd. Dreher Breweries...
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Hertelendy Castlehotel waiting sport aircrafts
Date: 2009-07-07 00:02:00
A landing field was handed over during the weekend in the area of the Hertelendy Castlehotel, which can receive small sport aircrafts. The owners want to expand the range of...
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Rewe strengthens cooperation with independent retailers
Date: 2009-07-07 00:01:00
The Rewe Group has confirmed the Management Board's course proposed for a successful future. The so-called “Declaration of Munich” was adopted unanimously. The declaration focuses on adopting the Rewe brand...
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Spa and swimming pool in Martfű
Date: 2009-07-06 00:30:00
The spa and swimming pool of the Martfű Health and Recreation Center was handed over with more than a 600 million HUF of investment. Toma Bau Ltd. spent 1.5 billion...
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A new bottling plant and pálinka distillery in Érpatak
Date: 2009-07-06 00:22:00
Zsindelyes Pálinka Distillery will build an automatic bottling plant and a new brewery in September. The 229 million HUF investment will be realized partly by EU support. The automated bottling...
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Tourism development in the Zemplén from 1.6 billion forints
Date: 2009-07-06 00:20:00
The Zemplén Project aims to increase tourist attraction, especially for the development of existing tourist attractions in the region of Sátoraljaújhely. Horváth Jenő consortium leader considers necessary the development of...
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Melon market works well
Date: 2009-07-06 00:14:00
Due to co-operation of the Hungarian Melon Association and the HungarianFruit-Vegetable Marketing Organization (FruitVeB) previous years' disturbances on melon market has been eliminated this year. According to Mártonffy Béla, Executive...
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A new Tesco store opened in Sárvár
Date: 2009-07-06 00:11:00
The newest member of Tesco hypermarket chain has been opened on 3rd of July in Sárvár. The new 3,000 square-meter complex is waiting its customers seven days a week, between...
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Apricot directly from the producer
Date: 2009-07-06 00:09:00
Although this year's apricot season started with high prices, Tisza-side producers continued their fruit offers in the capital. After strawberries and cherries, now they are selling apricot directly to consumers,...
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Euro zone retail decreased
Date: 2009-07-06 00:05:00
The retail sales in the euro zone decreased in May higher-than-expected despite the April growth. Turnover decreased by 0.4 percent in May. The annual rate also decreased above the expected...
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This year, EU's grain production will decrease
Date: 2009-07-06 00:03:00
According to the new forecast of Coceral which is the Organisation of Producers, it is expected that 285.27 million tons of grain will be harvested this year in the European...
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The Ramsey restaurant chain's profit decreased by 87 percent
Date: 2009-07-06 00:02:00
In 2008 the profit of Gordon Ramsay's restaurants have been decreased by 87 percent. The denominator star chef and his business partner father-in-law, supported the company with a total of...
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Agriculture Ministers and the EU, believe that freshwater and pond fishing is the future
Date: 2009-07-06 00:01:00
Fishing is one of the most promising sector in agriculture. According to Ministers of the EU, freshwater and pond fishing has a greater option than sea fishing – said Gráf...
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Retail food sales increased in value, but decreased by volume
Date: 2009-07-03 00:24:00
According to Nielsen market research company, retail food sales increased by 5 percent betwen June 2008 and May 2009 compared to the same period of the previous year, while volume...
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Hungarian manufacturing industry continues to decline
Date: 2009-07-03 00:23:00
The seasonally adjusted volume of the Purchasing Manager Index (BMI) is 45.8 percent in June, which is 0.4 percentage points higher than the to 45.4 percent volume of May, but...
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Large beer and hamburger consumption on VOLT Fest
Date: 2009-07-03 00:22:00
One of the biggest festival of Hungary started on Wednesday in Sopron. This year, for the 17th time acceptable prices are expecting visitors. The beer is the most favourite product...
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Cafeteria – after the tax changes
Date: 2009-07-03 00:20:00
Cafeteria providers, will not migrate out of Hungary but the expected decline in revenues will force them to re-design their cost structure and services. According to Rajné Adamecz Ildikó, partner...
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Balaton is our favourite place
Date: 2009-07-03 00:17:00
Thirty-seven percent of the Hungarian population is planning a vacation this year.Three-fourth part of them will have a rest domestically, mostly at the Lake Balaton. Among the foreign destinations Croatia...
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The best investment agency of the regio
Date: 2009-07-03 00:12:00
The American investment magazine, Site Selection chose ITD Hungary, the Hungarian investment agency to the best investment agency in Eastern Europe. Budapest became the region's third most attractive investment location....
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French Restaurants Prepare for VAT Cut
Date: 2009-07-03 00:05:00
French restaurants prepared to cut prices on meals and soft drinks ahead of a new lower sales tax rate that comes into effect on Wednesday after years of lobbying European...
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Private radio in the Tesco – the first in the region
Date: 2009-07-03 00:03:00
Tesco last year around Christmas time has already been provisionally applied Mood Media's concept of a satellite radio and this year decided to finally shift in the general store background...
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Swiss chocolate is still popular
Date: 2009-07-03 00:02:00
Switzerland remains a major consumer of chocolate and chocolate-exporter The total turnover of Swiss chocolates increased by 9.3 percent, exports increased by 11 percent in 2008. According to Chocosuisse, which ...
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Coca-Cola opens two new plants in China
Date: 2009-07-03 00:01:00
Coca-Cola and its bottling partner, COFCO Coca-Cola Beverages Ltd., have opened two new bottling facilities in the less developed central and western parts of China. One of the bottling plants...
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Preferential loan to agricultural businesses
Date: 2009-07-02 00:24:00
Regulation of the Ministry of Agriculture allows institutions to help the agri businesses with preferential guarantees. At Garantiqa Loan Guarantee Ltd. applications have already been prepared for the reception. Discount...
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