News and articles

Budapest is becoming a startup capital

Budapest hosts one of the most important regional startup events of the year. Hungary organises the event as the official program of the 2017 V4 presidency, between 30 November and...

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A Foundation in Szekszárd employing disabled people creates a food manufacturing facility

The Kék Madár (Blue Bird) Foundation establishes a food manufacturing and visitor center. The profits will be devoted to help the disadvantaged people. The Foundation, which is operating a smaller...

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Consumer confidence stagnated in Germany

Instead of the expected minimal improvement, German consumer confidence has stagnated, according to a survey published by GfK on Tuesday. The consumer mood index of the Nuremberg-based Market Research Institute...

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Retail sales declined in Japan

Contrary to expectations, retail sales declined in October in Japan, which doubts the hope that consumers will start to spend their money after the weak third quarter. Compared to September,...

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London analysts expect growth above 3 percent for the Hungarian economy next year

According to London’s financial analysts, the Hungarian economy will grow over its own long-term trend average over the next few years, and the growth rate is expected to exceed 3...

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KSH: Investments increased by 18.3 percent

In the third quarter of this year, the volume of investments grew by 18.3 percent, compared to the previous year’s low base, following the 26.8 percent rise in the previous...

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The Food Bank has collected more than 200 tons of durable food products

During the weekend campaign, the Hungarian Food Bank Association collected about 236 tons of durable food with the help of 5000 volunteers in about 120 settlements across the country. According...

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Christmas guided tour with Zwack Sándor and the Halott Pénz

The cellar tour of the Zwack Museum and Visitor Center is available throughout the year for Unicum and history enthusiasts, but on December 16 and 17, new guides will await...

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The first export trains started from Budapest to China

On Monday, the first two export trains set off to China. Mosóczi László, deputy minister of state of the Ministry of National Development (NFM), called attention to the transit role...

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Nébih stands for glyphosate

Hungary supports the extension of EU authorization of the pesticide active substance glyphosate for professional reasons – according to the National Food Chain Safety Office (Nébih) – agrarszektor.hu wrote. Nébih...

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A charity advent fair to be held in the Millenáris Park

Fairs, crafts and stage programs are waiting for the audience on Sunday at the II. Advent Charity Fair of the Association of Young Families (FICSAK) in the Millenáris Park. This...

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The Honey and Gingerbread Festival to Jubilee in Gyula

The Honey and Gingerbread Festival in Gyula will be held for the tenth time between 8th and 10th December. The honey of the year will be announced at the event...

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The European Waste Reduction Week is expected to be extended

The European Week of Waste is becoming more and more successful, so after the end of the process, registration will not end, new commitments can be made until next year’s...

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The luxury giant almost doubled its profits

With rising sales revenue, the world’s second largest luxury group, the Swiss-based Financiere Richemont nearly doubled its profits in the first half of the 2017 business year. According to the...

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More and more quality beer products are available

The beer industry is growing stronger with agriculture. The consumerrs can choose among more and more quality beer products. The favorable legal environment and the dynamically expanding economy create good...

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OKSZ: The proportion of online purchases in the Advent weeks may be higher than expected

The share of online purchases may be higher in Advent weeks than expected – the secretary-general of the National Trade Association (OKSZ) told M1 news channel on Sunday. Vámos György...

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More than 24 billion HUF revenue at Mogyi this year

The Mogyi Ltd. expects sales of more than 24 billion HUF thisyear, which means the sales of more than 200 million products – the company told MTI. In Hungary, Mogyi...

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GKI’s business cycle index is close to its peak again

GKI’s business cycle index again approached its September historic peak in November. Business expectations slightly improved, and consumer expectations fell within the margin of error – the GKI Economic Research...

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A new market hall to be built in Mohács with half billion HUF investment

A new market hall is being built from five hundred and fifty million forints tender funds in Mohács, replacing the former Jókai street market – Szekó József Mayor told MTI....

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K&H: investment mood of SMEs is on a multi-year peak

The willingness of businesses to invest is on a three-and-a-half-year peak. Currently 62 percent of the CEOs are planning some kind of development. This ratio is even better in case...

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GKI Digital: the logistics sector is struggling with labor shortages

Logistics sector in Hungary faces labor shortages, the lack of couriers makes it difficult to deliver online orders – GKI Digital’s industrial report was sent to MTI on Wednesday. GKI...

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Hungary aims to become China’s main exporter in the region

Hungary’s realistic goal is to become China’s largest export partner in Central Europe and to play a leading role in China’s investment in Central Europe – the Minister of Foreign...

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NAK’s County officials were elected

The county delegating assembly of the National Chamber of Agriculture (NAK) was held between November 23-25, 2017, where county officials were elected. The county delegations met on November 23-25, 2017,...

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The conditions for selling spirits to be tightened in Russia

The Russian government plans to submit a bill to the Parliament, which will require to separate alcoholic beverage sections within the shops in the future. The draft created by the...

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The Black Friday in the US broke record

Buyers spent a record amount of money in the United States during the so-called Black Friday, which marks the start of the Christmas shopping season. The Adobe Analytics Economics Research...

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Berlin’s Christmas fairs to open with exceptional security measures

Berlin’s Christmas fairs will open with exceptional security measures, due to the terrorist attack happened a year ago. In the German capital there are 24 larger open-air Christmas markets, most...

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Magazine: Which trade fair to choose in 2018?

Szilvia Máté managing director BD-Expo From the trade exhibitions of 2018 Szilvia Máté, managing director of BD-Expo Kft. recommends the following to the readers of our magazine.  EuroCIS – 27 February-1 March...

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OKSZ: Hungarians will spend 100 billion HUF for this Christmas

This year, the Hungarians will spend 100 billion HUF for Christmas presents, according to the estimates of the Hungarian Trade Association (OKSZ), which includes internet spending and shop purchases. Vámos...

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