News and articles

Euro area inflation strengthened in January

According to the preliminary data of the European Union’s statistical office (Eurostat), euro zone’s inflation became 1.8 percent in January, after the 1.1 percent of December. The 8.1 percent annual...

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Modernised Lipica horse equestrian centre

As part of a modernisation project, from HUF 1.8 billion a new, roof-covered equestrian centre was built in Szilvásvárad. The buildings serving the centre are also refurbished – works will...

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Mohács abattoir nears completion

The test run of the new, HUF 20-billion Mohács abattoir – built by Market Építő Zrt. for MCS Vágóhíd – started in November. Production will commence in the first quarter...

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Quality Innovation 2016 competition winners announced

The president of Finland started the Quality Innovation programme in 2007 in cooperation with quality assurance organisation Excellence Finland. In the National Prize category Pick Szeged Zrt. was one of...

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The slaughterhouse in Mohács employs 160 people from February

The slaughterhouse in Mohács is operating in test mode. From February the company increases its staff to 160 from the current 100 – the CEO of the facility during the...

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Honey falsification: EU needs to take actions against honey adulteration

If the beekeepers would sell their honey at current price it would mean bankruptcy for them – Nagyernyei Attila, president of the Tolna County Apiary Association told. The purchasers offer...

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The appropriate use of the digital economy would create more than 100 thousand new jobs in Europe

The start-up technology companies increasingly go to Asia or to America and Europe seems to lag behind the developments in the digital market. If a Franco-German Valley would be established...

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Seklerland would also use the pálinka product name

Kovászna, Hargita and Maros counties in Székelyföld asks for the amendment of the pálinka law from the Hungarian government. They also want to use the pálinka product name. The Hargita...

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The human being is the supreme value: the dm spends the amount remains from the reduction of contributions to wage increase

The dm Kft. further develops the wages in 2017: wages will rise by 9 percent in the sales area, while in the case of the central office staff by 7...

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Firms and households saved huge amounts in December last year

The population and the companies both increased the amount of their deposits in the last month of last year – according to the recent data of MNB, published on the...

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A tender to prevent of hail damages

The Prime Minister’s Office published an application that supports investments for the prevention from hail damages – agrarszektor.hu wrote. The applications can be submitted between 14 March 2017 and 13...

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German retail sales declined

Retail sales in Germany declined unexpectedly in December, provisional data from Destatis revealed Tuesday. Retail sales fell 0.9 percent in December from November, confounding expectations for an increase of 0.6...

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New Sales Director at Praktiker

Bagaméri László is the new sales manager of Praktiker. The specialist was previously the operational manager of Tesco Global Stores in multiple regions, and also had a leading role in...

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Economic sentiment improved in the euro area and declined in the EU

In January, the economic sentiment improved slightly in the euro area and deteriorated somewhat in the EU – according to the communication of the European Commission Directorate-General for Economic and...

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More than 8 billion HUF for farm development

The Prime Minister’s Office announced a grant for farm infrastructure development. A total of 8.2 billion HUF is allocated in the Rural Development Program for tghis purpose – agrarszektor.hu wrote....

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The Butlers home furnishings chain reported insolvency

The Butlers German home furnishings chain reported insolvency and asked for for bankruptcy protection. According to communication of the company, published on Monday, the shops continue to remain open, and...

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Hungarian consumer confidence at six-year record high

The confidence index of Hungarian consumers increased by 7 points from Q2 to Q3 2016 and reached 64 points – the highest level since 2010. In Europe the average of...

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Magazine: Trendy liver patés

With its annual volume sales around 9,600 tons, the liver paté category is a medium-sized one among meat products. According to Zoltán Szántó, senior product manager of Pick Szeged Zrt.,...

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Moody’s: Growing drink market

According to a report by Moody’s, in the next 1-1.5 years the global drink market will expand by 4-5 percent. They expect a decline in volume sales in certain markets...

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GKI: economic growth may be around 3 percent this year

After last year’s 2 percent, Hungary’s GDP growth will be around 3 percent this year. In particular, due to the restart of the EU support a significant growth will occur...

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The growth of online retailing requires new logistics solutions

We faced the fact already last Christmas that online shopping has become part of everyday life, while e-commerce has become one of the fastest growing sectors. The portfolio.hu asked the...

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FM: The government will continue to treat the position of the farmers as a priority

The government will continue to treat the position of the farmers as a priority. In addition to the EU supports, the Ministry of Agriculture (FM) maintains the system of transitional...

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The earnings of sellers has increased

The earnings of sellers, cashiers, pickers working in stores and department stores increased by 25 thousand forints in November 2016 compared to January exceeding 179 thousand forints, while the in-store...

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The commercial real estate investments in Hungary grew by 133 percent last year

The value of commercial real estate investments more than doubled last year in Hungary. The Colliers International real estate consulting firm expects a similar active year for this year and...

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KSH: 152 thousand more workers at the end of 2016 than a year before

In the fourth quarter of last year, the number of employees was 4 million 411 thousand, 3.6 percent (152 thousand) more than a year before. The employment rate of aged...

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Coffee cocktail with extras

Sub-zero temperatures, snowfall, frozen roads and never-ending cold. It is still winter, but now everyone is counting the days to the first spring sunshine. Now we present a cocktail, which...

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The deadline for the submission of the fish farming tender was extended

The deadline for the submission of six applications of the Hungarian Fish Operational Programme (MAHOP) was modified. Instead of February, the applicants can submit their support claims until March –...

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Chamber of Agriculture: feeding wildlife in the winter is the interest of the farmers

The winter feeding of the wildlife is not only significant because it helps the animals to survive the hard frosts, but also also serves the interests of farmers. The winter...

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Online wins

A Deloitte survey conducted in 2016 forecasts that e-commerce will be the big winner of this year’s Christmas season. In the USA online sales are expected to grow by 17-19...

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Transparent contactless payment is popular in the vending market as well

The turnover is increasing and purchase becomes transparent at locations where contactless payment is accepted. According to András Méth, head of commerce development at Mastercard, the choice of products and...

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