News and articles
The Austrian MediaMarkt group requested an executive from Hungary
Német Károly Csongor CEO of the Hungarian company of the MediaMarktSaturn Retail Group, will take over the leadership of the Austrian group from December 2018. Szilágyi Gábor The current Strategic...
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NAIK: the promotion of soy production should be encouraged in the future
Soy production should be encouraged in the future as annual crop yields do not cover the country’s protein demand – Gyuricza Csaba, Director-General of the National Agricultural Research and Innovation...
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Hungarians would work for large Hungarian companies
More stressful work, harder expectations, and despite shortage of staff, most of the bosses still do not care about their employees – the online labor market research of Workforce rental...
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Lamb Days throughout the country during the weekend
The Lamb Days initiative intends to promote lamb and sheep meat nationwide from the Friday to Sunday – the organizers told MTI. Lamb is a higher quality food, compared to...
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(HU) Suttogó – Mészáros Szekszárdi Cuvée az ALDI-ban
Sorry, this entry is only available in HU....
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Magazine: Once upon a time… Business Days 2018 (Part 2)
Thursday was the third day of the Business Days conference and the first speaker was Dr Zsolt Feldman, state secretary of agriculture from the Ministry of Agriculture. His topic was...
Read moreKSH: retail sales continued to grow
In October, the turnover of retail stores increased by 6.6 percent according to the unadjusted raw data, while calendar effect adjusted increased by 5.7 percent, compared to the same period...
Read moreGDP grew 5.2 percent in the third quarter even better than the preliminary data
Gross domestic product (GDP) was 4.9 percent higher than in the same period of the previous year in the third quarter. According to the seasonally and calendar effect adjusted data,...
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116 million tonnes of milk and dairy products are lost worldwide every year
Annually, 116 million tonnes of milk and dairy products, 16 percent of the produced goods, are lost in the world due to throwing it to the garbage, or due to...
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Dr. Kántor Sándor leads the Association of Hungarian Brewers
A new director was appointed by the Hungarian Brewers Association from October 2018. Dr. Kántor Sándor has set the goal of promoting quality beer brewing, increasing the competitiveness of production...
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Balla Géza is the Wine Producer of the Year in 2018
Balla Géza is the first wine producer beyond the borders, who won the prestigous award. The Wine Producer of the Year award was handed over for the 28th time this...
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The best small-scale beer in the country is being searched in two categories this year
The Country’s Beer vote was organized by the Beerselection.hu beer shop and the Beerporn.hu beer magazine for the third time in 2018. The two categories of the competition are the...
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NAK helps to find information with food books
The National Chamber of Agriculture (NAK) has launched a series of “Food Industrial Handbooks”, which provides information on the domestic food manufacturers, their knowledge and support the production of quality...
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Growth in retail sales in the euro area
The volume of retail sales in the euro area was somewhat higher than expected in October, compared to the previous month. Eurostat announced on Wednesday that the volume of retail...
Read moreDigitalisation of the economy can give further growth to Central and Eastern Europe
The American McKinsey & Company management consultancy company suggests economic digitization in cooperation for the Central and Eastern European countries to boost their growth. On average, the ten Central and...
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Manufacturers of sweets expect a record annual turnover of over 10 billion forints
Seasonal sweets can be in excess of 10 billion forints in December, and annual candy can sales may increase from last year’s 200 billion forints to 250 billion forints. Still...
Read moreGKI raised its GDP forecast to 4.5 percent this year
After the third quarter’s 4.8 percent increase, which is one of the fastest growth in the EU, GKI has raised its forecast for GDP this year, from 4.2 to 4.5...
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The turnover of Christmas fondants accelerates before Christmas
According to a research commissioned by the Association of Hungarian Confectionery Manufacturers, 86 percent of domestic consumers are planning to buy Christmas fondants – Sánta Sándor, the chairman of the...
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Nagy István: soy production should also be promoted in the future
In the future, the cultivation of genetically modified soybeans (GMO-free) in Hungary should be encouraged, and the strategic aim is to preserve and process domestic yields – Nagy István Minister...
Read moreKSH: the economic weight of SMEs is considerably lower than that their proportion
The economic weight of the small and medium-sized enterprises (SMEs) is considerably smaller than their proportion. While SMEs provided job opportunities to almost two-thirds (65.2 percent) of the employees in...
Read moreMészáros Lőrinc purchases the Mezort Általános Befektetési Zrt.
Mészáros Lőrinc purchases the Mezort Általános Befektetési Zrt. – the communication company entrusted by the businessman told MTI. According to the statement, the businessman takes over the agricultural company group...
Read moreMLBKT: slower growth in November
The seasonally adjusted November value of the Purchasing Manager Index (PMI) was 53.5, ie respondents reported more favorable processes than in the previous month, but the pace slowed down. The...
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14 percent of the Hungarian workers receive a 13th month salary at the end of the year according to a survey
14 percent of the Hungarian workers receive a 13th month salary in November and December, averaging 332 thousand forints, typically at larger private-owned private companies – Fizetesek.hu’s survey reveals. 48...
Read moreThe global advertising market grew to 552 billion USD
This year, the global advertising market closed a great year. The revenues of the the global advertising market increased by 7.2 percent, compared to the previous year, to record levels...
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Christmas pines are already coming to the venues
Christmas trees arrive in the first days of December, and a significant part of them began to be cut off at the end of November – Biza Klára, Chairman of...
Read moreThe seasonal food chain control has been launched
The traditional winter food chain check-up has begun, the action lasts unil the end of the year, and it focuses on almost all products that are linked to holidays, as...
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We’ve got the winners! – MagyarBrands 2018
The MagyarBrands program evaluated the outstanding Hungarian brands for the ninth time this year: the domestic brands in excellent consumer, business and innovative categories were able to compete for the...
Read moreThe Ministry of Agriculture supports Hungarian honey production
Hungarian beekeeping plays a major role in rural development, the preservation of the rural population and the maintenance of ecological balance – the Minister of Agriculture said on Sunday in...
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KSH: the income situation of households improved further last year
The income situation of households continued to improve in 2017, but their consumption expenditures also increased – the Head of Department of Quality of Life Statistics of the Central Statistical...
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