News and articles
POPAI meeting hosted by Unilever
Unilever Hungary was the host of the POPAI meeting held on 8 June 2017. Customer marketing leader Tibor Veress welcomed club members and the discussion was focusing on the online...
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Industry 4.0: data-driven manufacturing is already here
IT makes the production process more efficient. At the beginning of the fourth industrial revolution digital solutions need to be considered in manufacturing too. Industrial machines now have their digital twins, and...
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Smart homes is a possibility
Research by Accenture has found that the time of smart homes hasn’t come yet, but they will spread soon. The Internet of Things (IoT) will create new growth opportunities for communication...
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MGYOSZ for vocational education
On 31 May 2017 the Confederation of Hungarian Employers and Industrialists (MGYOSZ) announced at a press conference: in the autumn they will organise a series of programmes in every county, to learn...
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Parliament gives green light to tax package
The Hungarian parliament has given a green light to the 2018 tax package. The VAT on internet services reduces by 13 percentage points to 5 percent – this step will leave...
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Comprehensive insurance services from Groupama
The Groupama Group’s objective is to assist partners in realising their plans and to be there when the situation turns difficult. István Csonka, deputy CEO of Groupama Biztosító Zrt., the French...
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Retail sales jumped 3.2 percent in April
In April 2017 like-for-like retail volume sales augmented by 3.2 percent; adjusted for calendar effects, the sales growth was 1.7 percent – reported the Central Statistical Office (KSH). Food and...
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Above-average food price increase in May
According to data from the Central Statistical Office (KSH), in May 2017 consumer prices were 2.1 percent higher on average than a year before. In comparison with May 2016, food...
Read moreKSH: Retail sales increased by 6 percent
The volume of retail sales turnover grew by 6.0 percent according to the raw data. Calendar effect adjusted, the increase was 5.4 percent in May compared to the same period...
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The Penny Market installs free e-filling stations in the capital
Free e-charger is installed by Penny Market into its parking lot in the Hős Street and the Könyves Kálmán Boulevard – Világgazdaság Online wrote. One device has already been put...
Read moreFazekas: Turkish export is a good opportunity for Hungarian farmers
In particular, Turkey is a good market for cattle exports, but on the basis of recent meetings it is possible to build Hungarian slaughterhouses in Turkey in the form of...
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Gallicoop is expanding with a new packaging plant
The Szarvas-based Gallicoop Zrt. is expanding with a new packaging plant. The handover of the 1.65 billion HUF investment will be delivered in the first half of next year –...
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Fattening poultry processing has been re-established at Pannon Fine Food
The Pannon Fine Food Kft. dealing with the processing of fattened goose and duck is operating at almost full capacity – the company’s CEO told MTI on Wednesday. Nyeste Lajos...
Read moreK&H: the confidence of Hungarian companies decreased slightly
The confidence of the micro, small and medium-sized enterprises (SMEs) has weakened slightly, the K&H SME confidence index reflecting the companies’ expectations for a year now is down by two...
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A Kosher slaughterhouse was handed over in Csengele
The slaughterhouse was inaugurated by the Israeli Chief Rabbi and the Minister of Agriculture. The plant will provide jobs to 260 people. The new facility will primarily produce for export...
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Fish to be cooked in 1,500 cauldrons in Baja
Almost 10 tonnes of fish will be cooked in 1,500 cauldrons at the 22nd Bajai Fishery Festival on Saturday. The famous Bajai Fishing Festival lasts from July 6 to 9,...
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The growth in the economic performance of the euro area has slowed
The growth in the economic performance of the euro area slowed in June, according to a survey by the IHS Markit Economics Research Institute carried out among Enterprise Purchasing Managers....
Read moreGermany has a positive attitude towards the Silk Road Initiative
Germany has a positive attitude towards China’s Silk Road Economic Zone initiative and can take part in its implementation – said German Chancellor Angela Merkel on Wednesday after meeting with...
Read moreCisco: data traffic can be tripled within a few years
Earth’s Internet data traffic can be tripled to 3.3 zetabytes, ie nearly 3,000 billion gigabytes by 2021, and the world wide web will have more than 4.5 billion users, so...
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Automation is key in becoming more efficient
WebEye Telematics Group collects data on vehicles, drivers, trailers and cargo and analyses them, so that freight forwarders can increase their efficiency. Károly Deszpot, managing director of WebEye Magyarország Kft....
Read moreA disadvantage for foreign freight forwarders
In March the German parliament gave a green light to a law, according to which drivers aren’t allowed to stay in their truck for their 45-hour rest period. MEP Andor...
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Agrarian Chamber: The grilling market is developing dynamically in Hungary
The grilling market in Hungary is developing dynamically, and producers have also reacted to this trend, as semi-finished and ready-made products for grilling have appeared on the Hungarian market, Györffy...
Read moreAgrarian Chamber: average yield is expected this year
This year, average yield is expected, but the yield will drop appreciably compared to last year, as farmers are unlikely to repeat last year’s highs – Győrffy Balázs, president of...
Read moreHungarian wines will be promoted with wine selections
The National Council of Mountain Villages (HNT) and the Hungarian Tourism Agency (MTÜ) promote the Hungarian wines by creating the “Elite Wine Salon” wine selection – Brazsil Dávid, Secretary General...
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The European Parliament argued for the production of longer-life products
Members of the European Parliament (MEP) at the plenary session in Strasbourg on Tuesday introduced arguments for introducing of longer-life products. The MEPs underlined that 77 percent of European consumers...
Read moreCustomer in focus
On 30th June in Budapest-based Benczúr Ház, president of the Consumer Protection Counsel Association Köncse Tamásné has announced the launch of a new program called “Consumer Protection Counsel for the...
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A unique service will be launched in Hungary for sustainability
Selective waste collection is one of the most important environmental ambitions of our time. To protect our planet, we can easily do something by changing a little bit of our...
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MNB: households took more loans than repaid, companies were net credit repayers in May
Households took more loans than they repaid in May, but companies were net credit repayers and deposits in both sectors grew according to seasonally adjusted data, published on Tuesday by...
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The MAGYAR TERMÉK Nonprofit Kft. launches a Hungarian Treasures series of events
The MAGYAR TERMÉK Nonprofit Kft. is launching a new series of events. The company that is operating the Hungarian Product Certification System is organizing trips under the Hungarian Treasures (Magyar...
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Fruit-genebank is in danger
The pomological research station in Érd is in danger, because of the establishing of an industrial park. According the ombudsman, the research station must remain at its original place in...
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