Posts From trademagazin

The MNB expects less investments, but further economy growth

The National Bank of Hungary (MNB) has significantly reduced its forecast for the investments: in its March projections, the MNB calculated with an increase of 5.2 percent for this year,...

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GKI: Hungarian consumer expectations on a twenty-month low

The business expectations have reached their peak this year, while consumer expectations decreased to their twenty-month low point in June – the new survey of GKI reveals. Although some fluctuation...

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NGM: Sunday store closure did not cause a decline in retail trade

Sunday store closure did not cause a decline in retail trade – Lenner Áron Márk, Deputy Minister of State of the National Economy Ministry (NGM) told M1 news channel on...

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NFM: the Imperial Tobacco’s offer does not meet the conditions

According to the Ministry of National Development, the offer of the Imperial Tobacco Magyarország Kft. does not meet the conditions statutory conditions. The ministry in its statement sent to MTI...

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Large retailers under pressure

The turnover of the major department stores is declining continuously, as more and more people prefer to purchase on the Internet. The situation is even worse, because the smaller market-type...

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The harvest has begun in Hungary

The harvest has begun in the country; farmers started to harvest the winter barley in almost every counties – Czerván György Minister of State of the Ministry of Agriculture (FM)...

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Ministry of Agriculture: the beef sector is on a stable growth path

The cattle industry is on a stable growth track in recent years. The government has not abandoned the sector – Fazekas Sándor Minister of Agriculture said in Szentkirály at the...

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The Minister of State expects a medium wheat crop

According to the Minister of State of the Ministry of Agriculture, there is good chance for medium wheat crop. Czerván György told M1 news channel on Thursday that harvest began...

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Unified cigarette packs to come

All tobacco products will have the same appearance, and will bear the same images on the cigarette packs – Lázár János announced at the government’s press conference. He did not...

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60 percent of the EU citizens spend summer holiday in their own country

The majority of the European Union citizens go on holiday during the summer season between June and September, and most of them spend the holiday in their home country, while...

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Good ice cream can’t be made from powder!

Balázs Ipacs, the co-owner of Tápiószecső confectionery Hisztéria, was one of the few people who came up with the idea of the Ice Cream Night initiative. He told our magazine...

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The Castle Bath in Gyula plans another green investment

In the future, the Gyulai Várfürdő Kft. wants to convert the “by-product” of thermal water, the gas coming from the thermal wells into electricity. The company recently took over the...

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It doesn't only melt in your mouth! – Video of the day

If this peppy ad is any indication, all sorts of svelte beachgoers in Colombia are at this very moment having the time of their lives with Coke's new botella de...

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Undivided collective ownership may be discontinued

The Ministry of Agriculture informed that undivided collective ownership still has to be discontinued on 950,000 hectares of agricultural land. In May 300,000 land owners concerned received letters from the...

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Changes in the conditions for alleviating agricultural damages

Green house farmers can now also be members of the scheme for alleviating agricultural damages. Per hectare contributions to the fund is defined based on what kind of fruit or...

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FMCG trends: decline in volume sales

FMCG volume sales dropped in all quarters of the last three years in Russia. Between December 2014 and February 2015 1 percent fewer products were sold than in the previous...

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NAK modifies statutes

At its Gödöllő meeting NAK modified its statutes: in the future members whose revenue from agricultural activities is below 20 percent will have to pay a membership fee based only...

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Magazine: Zsendülés conference: a very important event for the horticulture sector in Szeged

Kert-Ész Klub Hungary Association and Vitamin Szalon Kft. organised their 1st Zsendülés Horticulture Conference in mid-April in Szeged. The European Union budgetary cycle that ends in 2020 guarantees more funding...

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The three missed tobacco companies have cooperated

The Imperial Tobacco Magyarország Kft. offers an up to 6 billion HUF concession fee to the provision of tobacco retail. The JTI Hungary Zrt. és a Philip Morris Magyarország Kft....

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The Balaton Association’s request was rejected

Varga Mihály Minister for Economic Affairs rejected the Balaton Association's request that all the shops need to be open during the summer season. The ministry will decide in the autumn...

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Bisnode: not permitting the delay in payment is a competitive disadvantage to the companies

According to the analysis of the Bisnode business information company sent to MTI on Wednesday, those companies can be in competitive disadvantage that do not permit the delay in payment...

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A family from Debrecen won the 1.5 million HUF dream kitchen within the SPAR loyalty campaign

The 1.5 million HUF worth dream kitchen voucher was handed over on 23 June. The dream kitchen voucher was offered by the Nonoart Kitchen Studio as the main prize of...

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Most of the Hungarian melon has been vaccinated

Most of the Hungarian melon has been vaccinated. But the average person cannot taste the difference between vaccinated and not vaccinated melons. This year's Hungarian harvest seems to be a...

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The el Jimador in a new designer bottle

Mexico's most popular tequila, the el Jimador made of 100% agave was given a new design. The goal of the brand is to provide more elgant bottle to the first-class...

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60 percent of the employees are committed towards their companies

According to a survey, 60 percent of the employees are committed towards their companies in Hungary, and do not plan to change jobs and perform beyond the expectations to fulfill...

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Crisis Management in CEE Countries

Sorry, this entry is only available in HU....

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The Coffee, Wine and Pálinka Festival to be held in Paks on Saturday

Saturday’s Coffee, Wine and Pálinka Festival aims to promote gastronomy and the wine culture of Paks and Tolna County – Kovács Kristóf main organizer told M1 news channel on Wednesday....

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More than seven thousand packs of smuggled cigarettes were found in Zala

The finance guards of the National Tax and Customs Administration (NAV) found more than seven thousand packs of smuggled cigarettes (worth about eight million HUF) in three cars on the...

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Hungaricums at the Színes Város Budapest Festival

The 2nd Színes Város Budapest (Color City Budapest) arts festival puts the emphasis on Hungaricums and to show the creative side of Budapest. The 2nd Színes Város Budapest (Color City...

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Google and GE among the most active lobbyists in Brussels

Google and General Electric (GE) are some of the most active companies lobbying the European Commission, the Transparency International (TI) said on Wednesday. In a report analyzing meetings held by...

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