News and articles

Export growth exceeded 10 percent

In August, the value of exports in euro was 10.2 percent higher, while imports increased by 12.6 percent, compared to the year before. The trade surplus was 458 million euros,...

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The Euró Generál is building a dough factory

The Euró Generál owned by Mészáros Lőrinc may build a gluten-free noodles manufacturing plant in Rábaszentmihály, Győr-Moson-Sopron county – agrarszektor.hu wrote. The local government tendered six companies for the construction...

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The purchasing manager index in October was higher than the average

The seasonally adjusted value of the Purchasing Manager’s Index (PMI) in October was 58.3 points, which is below the 59.3 points of September. Compared with past Octobers, this year’s value...

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The milk producers demonstrated in Brussels again

The EU milk producers demonstrated in front of the European Commission’s (EC) headquarters in Brussels again – agrarszektor.hu wrote. The farmers are pushing for action to get a fair share...

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(HU) A KAJAHU lett az év kereskedője

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

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Separate exhibition deals with smart cities at CES next year

The world’s largest technological demonstration, the CES is organizing a stand-alone Smart Cities program in Las Vegas between 9-12 January 2018 that will showcase the intelligent transport, energy management and...

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Another EU step towards protecting consumers: here is the trademark reform

The new comprehensive EU trade mark reform has come into force: “Certain Community trademarks may be canceled after a 5-year grace period on the basis of the report of a...

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The very expensive whiskey was fake

A dram of vintage Scotch bought by a Chinese millionaire in a Swiss hotel bar for £7,600 was a fake, laboratory tests have concluded. Analysts from Scotland were called in...

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Analysts: employment on historic peak

The number of employees has risen to record highs in the third quarter and the market analysts expect a further decline in unemployment, market analysts commented on the labor market...

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Magazine: Sports drinks: companies are developing more natural products

According to Eszter Birven, marketing director of GRAMEX DRINKS – the distributor of Vitalade sports drinks – a large proportion of sports drink sales is realised in fitness centres and...

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The Trade magazin received a MagyarBrands Award

MagyarBrands rewards the most successful and best performing Hungarian brands for eight years now. The program only evaluates Hungarian brands that were born in Hungary, or Hungarians participated in its...

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To date, a subsidy payment of 97 billion forints has been paid to farmers

The Hungarian State Treasury has paid up to 97 billion HUF this year to the farmers – the Deputy Chairman of the Hungarian State Treasury told at a press conference...

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MNB: Hungarian consumers became more conscious

Lending in Hungary is picking up again. Consumers are choosing more consciously, and the rules on borrowing also curb indebtedness – Binder István, supervisor spokesman of the National Bank of...

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The NAV will prepare the tax return for the primary producers

At the initiative of the National Chamber of Agriculture (NAK), the National Tax and Customs Office (NAV) is preparing the personal income tax return instead of the primary producers and...

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The business optimism of the German companies in Hungary continued to improve

According to the latest rapid survey of the German-Hungarian Chamber of Industry and Commerce (DUIHK), the German companies operating in Hungary are currently evaluating their economic situation as excellent. The...

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The communication and problem-solving skills are most appreciated by employers according to a survey

In all sectors, communication and problem-solving skills are the most appreciated by employers, and in case of the four-fifth of the jobs they require knowledge of English in addition to...

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Untaxes cigarettes were found in Budapest hidden into dog biscuit boxes

The National Tax and Customs Office (NAV) found more than 88,000 boxes of untaxed cigarettes in Budapest in a hired warehouse hidden in dog biscuit boxes – the NAV told...

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RS Furniture Store expects a two-digit growth this year

The RS Group expects a two-digit growth, 4 billion forints revenue this year, after last year’s 3.5 billion forints. The growth of the construction industry can be clearly felt in...

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Whiskey auction record: 285 thousand pounds for a barrel

Not only glassware but barrels of Scotch whiskey are also a huge business. At an auction, the record of the most expensive barrel was 285 thousand pounds for a 30...

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Conference Board’s confidence index is on a seventeen year peak

U.S. consumer confidence increased more than expected in October to the highest in almost 17 years as Americans grew more confident about the economy and job market. The New York-based...

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GKI: Trends are favourable in the short term

Trends in the Hungarian economy of the first half of the year have continued in the past few months, and no substantial changes can be expected until mid-2018. Owing to...

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L’Oréal is successfully launching its Carbon Disclosure Project

In an attempt to reduce the impact of its activities and products on the environment, L’Oréal involves its suppliers in its environmental program, favoring sustainable and locally sourced supplies. L’Oréal...

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Magazine: Milk desserts are in great shape

The milk dessert market is growing year by year, but the sales growth is different in different segments. Viktória Főfainé Kiss, brand manager of FrieslandCampina Hungária Zrt. told our magazine that the...

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FruitVeB: The volume of folded vegetables grew by 15 percent

The yield of folded vegetables has increased significantly, by 15 percent in recent years, while the size of the folding area has declined – Ledó Ferenc, President of the Hungarian...

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The isosugar plant in Tiszapüspöki was handed over

The re-engineering of Hungary has come to a milestone with the isosugar factory of the Kall Ingredients Ltd. in Tiszapüspöki – Orbán Viktor Prime Minister said on Monday in Tiszapüspöki,...

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11 percent more employees at Intersnack

Intersnack, the manufacturer Chio products, thanks to growing exports, increased the number of its staff by more than 11 percent, compared to last year. The company’s number of employees has...

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FM: The impact of the extension of the Russian embargo on Hungarian agro-exports is negligible

The expansion of the Russian embargo has a negligible impact on Hungary’s exports to Russia – the Ministry of Agriculture (FM) told MTI on Monday. According to their information, the...

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NFM: the consumer protection checks in e-commerce brought significant improvements

The proportion of web stores with consumer infringement violations has dropped to 14 percent from the previous 54 percent this year. The significant improvement is due to the adoption of...

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The aim of the government is to give more and more tasks to the agrarian chamber

The aim of the government is to give more and more tasks to the National Chamber of Agriculture (NAK) – Lázár János, Minister of the Prime Minister’s Office said at...

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Praktiker’s digital store develops the most dynamically

Although Praktiker has 20 business units in Hungary, its “twenty-first” store, the online store is developing the most dynamically. The webshop started its operation in spring 2009, it was completely...

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