News and articles
The McDonald’s is expanding in China
McDonalds plans to increase the number of its businesses from 2,500 to 4,500 in the next five years, and plans to double-digit revenue growth in China – portfolio.hu wrote. The...
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Artificial intelligence writes newspaper articles
BBC and Associated Press have started using the Wordsmith application of Automated Insight (available in English and Chinese at the moment) in writing sports articles. Since the app’s launch 1.5...
Read moreGood quality cereal crops are expected
Almost one million hectares of winter wheat is already in the granaries. A slightly larger and better than average quality grain crops are expected – according to the Minister of...
Read moreInflation is over two percent
Consumer prices were on average 2.1 percent higher in July than a year before. Compared to June, the average consumer price did not change, the Central Statistical Office (KSH) reported...
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The Hungarian Product Grand Prize will be handed over in the Parliament on 5 September for the twentieth time
The Hungarian Product Grand Prize will be handed over in the Parliament on 5 September for the twentieth time on the occasion of the Celebration of the Hungarian Economy. In...
Read moreInvestment plans are real according to the latest survey of the Takarék Agrárhangulati Index
After the drought period, before the delivery of the application decisions, the majority of the farmers still have a positive view on agriculture, according to the Saving Group’s (Takarék Csoport)...
Read moreKSH: the six-month foreign trade surplus is approaching 5.4 billion euros
In the first half of the year, exports increased by 9.9 percent and the value of imports calculated in euros increased by 11.3 percent, compared to the same period of...
Read moreThe Penny Market has signed a 3 year subsidy contract with the FTC
The Penny Market Kft., the FTC Labdarúgó Zrt. (FTC Football Ltd.) and the Lagardére Sports Hungary Kft. operator of the Groupama Arena announced a 3 year cooperation agreement in which...
Read moreBusiness confidence improved significantly in the SME sector
Business confidence improved significantly in the small and medium-sized enterprises (SMEs) sector, compared to the previous quarter – the MKIK Institute for Economic Research and Enterprise Research (GVI) told MTI....
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Budapest Bank survey on EU funds
Hungary’s companies have claimed 270 billion HUF of preferential credit products combined with non-refundable EU grants, which is more than half of the announced budget – Budapest Bank (BB) told...
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Foreign trade surplus can reach 9.5 billion euros this year
The foreign trade surplus can reach 9.5 billion euros this year, so it can lag just a bit behind the 9.935 billion euros of last year, according to experts interviewed...
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The Göcseji Village Museum is preparing for the bread festival with colorful programs
The Göcseji Village Museum in Zalaegerszeg, is preparing for 20 August with colorful programs. The open-air exhibition space was opened on 20 August 1968. Kostyál László recalled at the press...
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Hungary spends the most on leisure and cultural activities in the EU in the proportion of the GDP
On average, the EU member states spend one percent of their gross domestic product (GDP) for the support of leisure, cultural and religious activities. In the proportion of the GDP...
Read moreThe NAV caught the members of the cigarette smuggling criminal organization in Szabolcs county
The National Tax and Customs Administration (NAV) found a twelve-membered cigarette smuggling criminal organization in the Nagyhódos region of Szabolcs-Szatmár-Bereg County. Four members of the gang were arrested by the...
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A Hungarian founded international company is expanding in the market of artificial intelligence
An international company founded in Hungary is expanding in the market of intelligence and chatbots (chat robots). The LogMeIn was founded 10 years ago in Hungary, but has grown into...
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Magazine: Impulses at home and in the shops
According to Balázs Hunya, refreshment marketing intern of Unilever Magyarország Kft., the weather has the biggest influence on sales in the impulse ice cream categories. In grocery stores family box...
Read moreAnalysts: strong consumer confidence maintains the growth in retail sales
Growth in retail sales in June was expected, due to the strong growth of wages in April and May. The growth in real wages and the 11-year high consumer confidence...
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CBA: the demand towards mineral water is increasing
CBA’s chain of stores sell much more mineral water during the heat waves than on a regular summer day, which can be felt on revenue growth, but it is not...
Read moreFM: the number of bee families exceeds one million
The Hungarian honey is excellent, its production is based on traditions and production technology, Nagy István, Parliamentary Minister of State of the Ministry of Agriculture told M1 news channel on...
Read morePeople over 50 spend three quarters of their income on overhead, food and medicine
In Hungary, people over 50 spend more than three-quarters of their monthly income on overhead, food and medicines, nine percent of their earnings are spent on leisure activities, and two...
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K&H: more than third of young people have savings
More than third of the young people (between age 19-29) have savings, most of them are saving to buy a home – according to K&H’s quarterly survey. According to the...
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FM: 200 million HUF for developing environmentally conscious waste collection approach
A call will be announced for NGOs, local governments and churches to raie public awareness on waste management and the promotion of environmentally conscious thinking – the Minister of State...
Read moreRomania’s retail sales grew by nearly 8 percent
The volume of Romanian retail sales increased by 7.8 percent in the first half of the year, compared to the same period of last year, according to the Romanian National...
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Ifo: the economic mood index of the euro area has reached almost seventeen-year high
The economic indicator of the euro area’s economic climate has not seen an unprecedented level in the third quarter for almost seventeen years, according to data published by the Ifo...
Read morePenny Market has signed a 3 year-long sponshorship agreement with FTC
A Penny Market Ltd., the CEO FTC Soccer Zrt. és a Groupama Aréna have announced wihin the compass of the Lagardére Sports Hungary Ltd. press coference that they have sined...
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Magazine: Strong brands in a digital age
In May Henkel celebrated 30 years in Hungary with a spectacular event. The host was managing director Dr Ágnes Fábián, who had been elected president of Branded Goods Association Hungary...
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FM: the number of producer markets has almost tripled
Thanks to government support, the number of producer markets has almost tripled since 2010 – according to the information of the Ministry of Agriculture (FM), after Nagy István Parliamentary Minister...
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FM: the development of vegetable and fruit growing is an important task
The development of vegetable and fruit growing is an important task – the Parliamentary Minister of State of the Ministry of Agriculture said on Friday in Bősárkány, Győr-Moson-Sopron County. Nagy...
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Tesco will not sell eggs from cage breeding after 2025
Customers’ habits are constantly changing, more and more people are aware where are the products come from and how they are made. Tesco is committed to providing the highest quality...
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SPAR roated a record long barbecue in Keszthely
A new Hungarian record was born today in Keszthely. In the parling lot of SPAR’s local hypermarket, Hungary’s longest, a 20-meter long barbecue skewer was roasted with the help of...
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