News and articles

Hungarians are willing to pay more for domestic branded product, according to a survey

85.9 percent of the Hungarians choose the domestic one out of two similar products with the same price. 52.7 percent are willing to pay 10 percent higher price for the...

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The amount of advertising spending approached 260 billion forints last year

The total Hungarian advertising spending reached 259.69 billion HUF last year, which is an annual increase of 7.7 percent – the president of the Hungarian Advertising Association said at a...

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The amount of cash in circulation is on top in Hungary

Although cash in circulation increased to 6,117 billion HUF in Hungary, and 74 percent of daily purchases are still carried out with cash, more and more innovative payment solutions are...

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New Sales Director at Coca-Cola HBC Magyarország

From January 2019, Yiannis Kesisoglou from Greece is the new national sales manager of Coca-Cola HBC Magyarország – Világgazdaság Online wrote. His predecessor, Galántai György received a new position in...

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KSH: the number of employees continued to increase

Between November 2018 and January 2019, the average number of employees was 4 million 481 thousand, 45 thousand more than a year before. The employment rate of 15-64 year-olds increased...

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MKIK: business confidence fell slightly in the fourth quarter of last year

According to the survey of the Hungarian Chamber of Commerce and Industry (MKIK GVI), on the basis of the January data, the economic performance of the fourth quarter of 2018...

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Mangalica festival with a winter farewell masquerade in Debrecen

The mangalica festival to be held in Debrecen for the tenth time this year, together with the three-day winter farewell masquerade – Széles Diána deputy mayor said on Wednesday at...

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The economic climate deteriorated in the EU in February

Economic sentiment worsened in February both in the euro area and throughout the European Union. According to a report from the European Union’s Directorate-General for Economic and Financial Affairs (EcFin)...

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Euronics’s stores network is renewed from the spring

According to Euronics’ latest retail survey, the store sellers are kind, prepared, tested and continually attracted to customers in an ideal technical store – Origo wrote. The Hungarian-owned technical store...

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Eurobarometer: Hungarians are more positive towards the European Union than the average

Hungarians are more positive towards the European Union than the average. The number of those, who see the EU positive is more than twice as those who have a negative...

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Lego’s sales grew

In 2018, Lego confuted the trend in the toy industry, after being able to increase its presence in all major markets. Lego’s revenue increased by 4 percent to 36.4 billion...

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(HU) Körözött az ALDI-ban

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

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The mystery of choosing sweets

Confectioneries is one of the most impulsive FMCG categories. This means that there is a strong competition between sweets manufacturers. It is very important for brands how they position themselves,...

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Magazine: Economic Year Starter 2019: Risks, a new era and SMEs

At the end of January the ‘Economic Year Starter 2019 – The Limits of the Booming Economy’ conference was held in Budapest. Péter Banai, state secretary at the Ministry of...

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The engines of the Hungarian economy to be awarded again this year

Hungary’s leading small and medium-sized enterprises to be ranked again in 2019. The full list and the podium categories will be announced at the Aquincum Hotel in Budapest on 21...

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Sustainability trade marks were handed over to the Green Brands

The Hungarian representation of Green Brands handed over the diplomas that entitle to use the Green Brands trademark for two years for the first time in Hungary on Tuesday. Wiszkidenszky...

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Collaboration for the agricultural experts of the future

An agreement was signed between the AM Transdanubian Agricultural Training Center in Szekszárd, the Csapó Dániel Agricultural Gymnasium, Vocational Secondary School and College and Syngenta Magyarország. Matthew Pickard, Sáfrány Péter...

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Hungarian wine show in Warsaw

A Hungarian Wine Show will be held in Warsaw on Tuesday. At the event organized by the National Council of Mountain Regions (HNT), the winners of the last National Wine...

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The commercial real estate portfolio of the Appeninn Nyrt. increased to 93,000 square meters last year

Last year, the number of properties owned by the Appeninn Vagyonkezelő Holding Nyrt. (Appeninn Nyrt.) increased from 18 to 41, from nearly 63,000 square meters to 93,000 square meters of...

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Aldi strengthens in tourism

Aldi Utazás took part for the second time at the Travel 2019 exhibition, Hungary’s number one tourism fair in the Hungexpo Budapest Fair Center. Aldi Magyarország has launched its new...

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Work safety in agriculture continues to improve

Work safety in agriculture improved further. The number of fatal accidents decreased by nearly 45 percent in the past two years, due to the Ministry of Finance’s campaign called The...

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The Internet of things is inevitable, according to companies

According to companies; the Internet of things is inevitable: more than one third of the companies are using it. 70 percent of them have already gone through the experimental phase,...

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Brexit may cause surprise for online customers

Brexit can also make a big difference for those who order products from the UK via the Internet, as costs and administrative work can increase significantly – Világgazdaság Online wrote....

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The EU invests more than 10 billion euros into innovative clean technologies

The European Commission has announced a multi-sector investment program worth more than 10 billion euros (about 3200 billion HUF) to develop and deliver low-carbon technologies to increase Europe’s global competitiveness...

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Shoppers are willing to pay more for products with the Hungarian Product trademark

A survey conducted with 510 participants by InnoFood Marketing Kft. has revealed: from two similar products that cost the same 60 percent of shoppers choose the one with the Hungarian...

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(HU) Garaczi János az MKVM Üljünk le egy szóra! sorozatában

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Magazine: An exclusive interview with Rustin Richburg, senior vice president of Walmart

Let’s imagine that there is a retailer that employs more people than the population of Budapest. Well, such a retailer does exist: Walmart is the biggest retailer in the world,...

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The Szentkirályi-Kékkúti Ásványvíz Kft. increased its turnover last year

The Szentkirályi-Kékkúti Ásványvíz Kft. cosed last year with a turnover of 17.2 billion HUF, which represents an increase of about 10 percent, compared to 2017, the company told MTI on...

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Survey on the labor market in the wine and wine sector

The National Council of Mountain Villages (HNT) and the Agricultural Economics Research Institute (AKI) have launched an on-line survey to detail the employment characteristics of the vine and wine-producing enterprises...

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Domestic companies are not yet prepared for Brexit

The majority of Hungarian companies find it avoidable for the UK to leave the European Union without an agreement, so it they do not yet prepared for the consequences of...

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