Wines of one hundred and fifty wineries at the Wine Festival of Szeged

The 19th Wine Festival of Szeged and the series of events celebrating the Day of Szeged begins with the procession of wine orders. The festival starts on Friday and lasts for one and a half week at fourteen spots with two hundred and fifty programs – Licsicsányi Ilona, the director...

Can we buy the secret Coca-Cola recipe for fifteen million USD on eBay?

A Georgia man claims he has found an original top-secret recipe for Coca-Cola in an old box of papers he purchased from an estate. Now, Cliff Kluge trying to sell the formula on eBay for 15 million USD – writes Index, after Daily Mail. The Coca-Cola Company, which has turned...

ECR Europe’s annual conference – video

Senior executives from 7 retailers and 16 manufacturers attended in November ECR Europe’s first European Leaders Forum, at the head office of Carrefour. The meeting, building on ECR Europe’s new strategy ‘The Next Generation’, heard a keynote address from Georges Plassat, Carrefour Chairman and CEO, as well as challenging views...

The OTP launches a credit facility for tobacconists

OTP Bank has developed a credit facility for the operators of the national tobacco stores. Since than, hundreds of concessionaires inquired at the bank – the financial institution told MTI on Tuesday. According to the communication, the operators of the national tobacco stores are not in an easy position. Although...

The rearrangement of the tobacco market may bring tax losses

If the Parliament accepts the latest amendment of the ten percent price margin in case of the tobacconists, it can bring an up to 130 HUF average price increase. Due to the strenghtening of the black market, the tax revenue loss may be 40-45 billion HUF – was said at...

KSH: inflation slowed further in April

The annual inflation rate slowed further in April to 1.7 percent, after the 2.2 percent of March. Compared to March, consumer prices rose by 0.3 percent compared with March – the Central Statistics Office (KSH) announced on Tuesday. The records show that inflation has not been lower in since 1974....

The sowing area of melon has increased

The planting and sowing of melon has completed. In 2013, the producers can produce melon on a ten percent larger area than in the last year – Simonka György (Fidesz), Ministerial Commissioner responsible for the promotion of the Hungarian fruit and vegetable products told MTI on Tuesday. The amount of...

Buying retail spaces in Budapest is a good business for Europeans

Hong Kong remains the most expensive retail store market of the world. The rents are 150 percent higher than in New York and 400 percent higher than in London and Paris, while the annual rent in Budapest is only enough for 10 days in Hong Kong – CBRE Property Advisory...

The Zalai Poultry Processing Ltd. will be liquidated

The liquidator of the Zalai Baromfifeldolgozó Kft. (Zalai Poultry Processing Ltd.) submitted a liquidation application. The close to 100 workers of the company operated for less than a year were dismissed on Tuesday. The liquidator – commissioned on 22 April with the task by the membership meeting – told MTI,...

Parragh: the expectations of the companies are moving towards a positive direction

After a long time, the expectations of the Hungarian companies are moving towards a slightly positive direction with decreasing uncertainty ratio – Parragh László, president of the Hungarian Chamber of Commerce and Industry (MKIK) told on Tuesday in Budapest, at the press conference revealing the economic report of the Economic...