News and articles

MNB: corporate and retail borrowings increased in the first quarter

The growth in corporate lending continued in the first quarter. The volume of loans in terms of transactions increased by 4 percent. The lending dynamics of the household sector also...

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A campaign to be launched to promote rabbit meat consumption

A national campaign to be launched to promote rabbit meat consumption – the Minister of State of the Ministry of Agriculture announced at a professional conference in Kaposvár. According to...

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The MGYOSZ launches a national series of events for the development of vocational training

The National Association of Employers and Industrialists (MGYOSZ) is launching a national series of events for the development of vocational training in September. The National Association of Employers and Industrialists...

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The Grain Alliance has a new chairman

Kiss Péter, managing director of the ADM Agrár Kft. has replaced the former chairman, Lakatos Zoltán in the executive chair – the secretary-general of the Hungarian Grain Processors’ Association (Gabonszövetség)...

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The rate of inflation has declined in the euro area

According to the preliminary data, the rate of inflation has fallen in the euro area in May, according to Eurostat, the statistical office of the Union. Consumer prices rose by...

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The abolition of cigarette machines is under consideration in Austria

Debate began on the abolition of public cigarette machines in Austria, politicians have so far declined to comment on this issue – the Der Standard Austrian newspaper wrote. Apart from...

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Euronics’ network was among the first to fulfill online cashmachine requirements

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

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NAK wants us to eat more mushrooms

In June the Hungarian Chamber of Agriculture (NAK) organised a promotion campaign for retailers (Auchan, CBA, LIDL, METR O, SPAR, TESCO) and mushroom growers. Hungarian mushroom consumption is very low, 1-1.5kg...

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KSH: increasing investments in the first quarter

In the first quarter of this year, the volume of investments exceeded the low base of the same period of the previous year by 34.1 percent, when a 14.9 percent...

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The sowing area of maize and wheat decreases

Maize and wheat were sown on almost three thousand less hectares of land this year in Tolna County. The sowing area of the autumn wheat fell by nine thousand hectares,...

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Instant transfer from 2019

Instant transfer is planned to be launched from 1 July 2019 in Hungary. The complex cash flow development can fundamentally change our everyday lives. The new system will be able...

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The Füstlizer has arrived!

One of the most significant players in the Hungarian meat market, the Sárvár-based Sága Foods Zrt. has been building the Sága brand on the products of higher quality. The main...

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Wine and fish festival for four days from Friday in Balatonfüred

The Balaton Wine and Fish Festival begins on Friday in Balatonfüred with gastronomic offerings as well as concerts. The festival will feature the Sebő band and Huzella Péter. Cserép László,...

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The 10th National Siller festival starts with a wine muster in Paks

On Friday, the 10th National Siller Festival begins in the Sárgödör Square in Paks, with a wine muster. The audience can taste the best Sillers of the Carpathian Basin. The...

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The Romanian authorities prevented the smuggling of 40 million illegal cigarettes during three months

The Romanian authorities have prevented the smuggling of 40 million illegal cigarettes in the last three months and more than 300 people were arrested for suspected cigarette smuggling – the...

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The European Union sets thousands of free internet access points up

Political agreement has been reached by the EU institutions on the so-called WiFi4EU initiative, which will create thousands of free internet access points for 2020 on the continent, the European...

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IDC: The world market of smartphones has slightly increased this year

According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, worldwide smartphone shipments are expected to rebound slightly in 2017 with expected growth of...

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Good business relations with Estonia

Parliament on Monday, after talks with his Estonian counterpart, Prime Minister Viktor Orbán said that Hungary has always had excellent and close relations with Estonia. In July Estonia will take...

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New grill cheese in the Hajdú assortment

In May Kőröstej group’s Hajdú brand puts a new grill cheese product on the market. The new cheese is softer and lighter than any other product in the portfolio. Owner...

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Hungary recorded unprecedented investment growth in Q1 2017

In the first quarter of 2017, the volume of investment totalled HUF 1033bn, which shows year-on-year investment growth of more than 34 percent. This has been the highest growth rate...

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Magazine: There is no stopping until perfection is reached

Value sales have increased recently in the shaving product market. Consumers have started buying more expensive products in the category. The category is very much seasonal: value sales in the...

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Faster than expected growth

In the 1st quarter of 2017 the Hungarian GDP increased by 4.1 percent, faster than originally expected. Thanks to this GKI has modified its annual growth forecast to 3.5 percent....

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Hungarian food exports increased by 37 percent over the past five years

The Hungarian food exports have increased by 37 percent over the past five years – Fazekas Sándor Minister of Agriculture said in Herceghalom. At the meeting of the Federation of...

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We can find great value-for-money wines in the large chain stores

The professional wine portals are regularly watching what exciting items you can get at stores right now. What is really interesting that we can find such wines not only in...

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Premium Lemon-Chili Grill and Premium Mediterranean Grill: Crowning of the Wiesbauer-Dunahús Grill Products

The Wiesbauer-Dunahús opens this year’s barbecue season with two new “Premium” specialties, such as the “Premium Lemon-Chili Grill” and “Premium Mediterranean Grill” products. The “Premium” brand guarantees high quality products...

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MNB: the convergence of the SME sector would increase the GDP by 3 to 5 percentage points

If the productivity of the Hungarian small and medium sized (SME) sector would reach the average of the region and would approach to large corporations, the Hungarian gross domestic product...

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Pálinka Festival in Újszilvás at Pentecost

Pop music concerts and renowned djs are also awaiting the visitors to the 12th Ágyaspálinka Fesztivál on 3 and 4 June in Újszilvás. One of the most prominent events of...

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