Contrary trends in the Hungarian economy

Contrary trends in the Hungarian economy
Date: 2010-07-28 00:05:11

According to the summary of the Central Statistical Office (KSH); two opposite processes took place in the Hungarian economy in the first five months of the year: while industrial production...

Tokaji conquers a new market
Date: 2010-07-28 00:03:55

The Tokaj Trading House will begin exporting to the U.S. market on Thursday. This year 250 thousand of 2001 year Aszú wines will be marketed overseas. Kiss István CEO of...

Ice cream distributors do not expect much from this year
Date: 2010-07-28 00:03:25

According to the traders; ice cream consumption is reducing: this year's hot days may broke a record, but on an average annual consumption, it is conceivable that less ice cream...

The European Union dislikes the free pálinka distillation
Date: 2010-07-28 00:02:01

Several European Union bodies objected against the rule mitigation of the pálinka distillation in Hungary – said Piros László, Vice-President of the National Pálinka Council (PNT). According to Piros, it...

Fewer loans are channeled to firms
Date: 2010-07-28 00:01:35

According to the datas of the European Central Bank; the size of loans granted to European firms decreased by 1.9 percent in June. With the exception of the banks and...

2 million HUF immediate assistance to flood victims from Coop
Date: 2010-07-28 00:01:25

The Unió Coop Zrt. and the Coop Group offered 2 million HUF to the Miskolc-based Symbiosis Foundation to flood relief efforts. The huge amount torrential rain of May ruined the...

The chips before big price increase
Date: 2010-07-28 00:00:55

Chips are indispensable accessories of house parties, watching films. German specialists predict a high jump in the price of chips. The price of chips may increase, due to the drought...

The yogurt sales increased Danone’s revenues
Date: 2010-07-28 00:00:05

Danone’s turnover increased by more than 11 percent to 8.4 billion euros in the first half of the year. According to the Tuesday announcement of the world's largest dairy producer;...

Russia once again accepts the American poultry
Date: 2010-07-28 00:00:02

The U.S. Department of Agriculture, after a seven-month ban on poultry exports, allow the poultry exports to Russia, which was previously the largest outlet of this American product. Russia originally...

The downturn of retail continues
Date: 2010-07-27 00:06:01

The retail sales volume – adjusted from the calendar effects – in the first five months of this year – also in May – both decreased by 4.7 percent, compared...

The Company managers are fearing from newer recession
Date: 2010-07-27 00:05:59

According to the survey of Economist Intelligence Unit (EIU); One-third of the surveyed 680 executives marked the newer recession as the main concern of the next half year. Fearing from...

New York Times praises Tokaji wines
Date: 2010-07-27 00:05:55

The New York Times published a three page long article over the Tokaji wines, and the Tokaj wine region on the front page of its Saturday travel annex. The number...

Secondary controls
Date: 2010-07-27 00:04:02

The secondary conrols of food put undue administrative burden on the food distributors and it is doubtful whether its reaches its goal – say several food distributors to MTI. "It...

The luxury brands are expanding
Date: 2010-07-27 00:02:01

The luxury brands were the most active last year on the global retail market. According to the survey of CB Richard Ellis; the luxury brands expanded the most in the...

Hungarian companies with Slovak head office may return to Hungary
Date: 2010-07-27 00:01:39

With the extension of the 10 percent corporate tax, the domestic business environment will improve. Thus, it is not impossible that the Slovakian companies will choose Hungary – said Dávid...

Scuderia Toro Rosso driver opens the Formula 1 image exhibition
Date: 2010-07-27 00:00:25

On the 28th of July at 2:30pm the 80 most memorable images photographed in the past 25 year in the Hungaroring exhibition’s opening ceremony will be held at the Westend...

Henkel’s company report awarded twice
Date: 2010-07-27 00:00:25

According to the top100 list of the League of American Communications Professionals; Henkel’s corporate report is among the best in the world. The company for the consecutive fifth time, received...

The pasta from Hong Kong, that is harmful to health arrived to Hungary
Date: 2010-07-27 00:00:01

The Chinese pasta, also reached the stores in Hungary which is dangerous to health because of its high aluminum content. The Happy Vermicelli or Longkao Vermicelli branded 100 grams packaged...

Red Bull gives wiiings to its old colleagues
Date: 2010-07-27 00:00:00

Büttl Krisztián, the former brand manager of the company became the idea focusing Marketing Director of Red Bull. At the same time his predecessor and former boss Zab Gábor after...

Improving business, deteriorating consumer expectations
Date: 2010-07-26 00:03:02

In July, the seasonally adjusted value of GKI’s economic activity index remained unchanged The value of the GKI consumer confidence index increased sharply after the low point of April 2009...

The climate protection would bring economic recovery
Date: 2010-07-26 00:02:25

The EU's ambitious climate protection objectives may result in new jobs and green economic recovery. According to the climate report of the European Commission; the reduction of greenhouse gases would...

Flour is getting more expensive
Date: 2010-07-26 00:01:59

Due to the heat, flour and feed prices increased in the recent weeks, but bread prices are expected to remain the same, due to the unchanged energy and labor costs....

Termal bath will open in Siklós
Date: 2010-07-26 00:01:55

The termal bath of Siklós, building from 2.4 billion HUF will open its gates to the public on the 5th of August. The more than five thousand square meters complex...

Commercial chains to conqer Croatia
Date: 2010-07-26 00:01:25

A dozen of international trade supply chain will open stores in Croatia in the near future, some brands overtook other European countries with their appearance. According to Croatian press reports;...

Credit cards shine in their past light
Date: 2010-07-26 00:00:59

Credit card owners, after the end of the crisis pay their debts more precisely and also spend more, which can already be seen in the profits of the world's largest...

Chinese delegation visited the Kométa
Date: 2010-07-26 00:00:35

The delegation from the city of Cixi visited Kaposvár, where Mayor Szita Károly and Hong Csia-hsziang, secretary of the municipal committee of Cixi signed a declaration of intention in order...

A newer recognition for Bacardi rum
Date: 2010-07-26 00:00:25

The world's most times awarded rum awarded again: The world-renowned Monde Selection® quality assessment institute gave the highest award to Bacardi. The world's biggest-selling and one of the most popular...

Traubi battle for the shelves of the stores
Date: 2010-07-26 00:00:05

Traubi owner threatens with lawsuits if the stores will not take off the “not true” Traubi from the shelves of the stores. In 2002, the Economic Competition Authority’s analysis found...

Euro area’s industrial orders show great optimism
Date: 2010-07-23 00:04:21

The largest increase of the last ten years occured in Euro area’s industrial orders, this May. The Eurostat – the EU's statistical office – published its datas over the euro...

Eco-innovation project for SMEs
Date: 2010-07-23 00:04:18

The Small and Medium Enterprises can submit their applications until the 9th of September for the European Union's Eco-innovation competition – states the Ministry of National Economy (NGM). The European...

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Contrary trends in the Hungarian economy