News and articles

KSH: foreign trade turnover in August increased significantly

In August, the value of exports increased by 12.5 percent in euros, while imports increased by 10.8 percent, compared to last year, after the 5.4 and 6.4 percent decline of...

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Nespresso is present in Hungary for ten years

The first Nespresso Boutique in Hungary, opened its doors ten years ago, in 2006 on the Andrassy Avenue in Budapest. The business area of the store was less than half...

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The sconery of the Tihany Market won the special prize of the Vénusz Scone Vote for the third time

The Vénusz Lángos Voks (Vénusz Scone Vote) was announced for the fifth time. The sconery of the Tihany Market won the Vénusz’s Favourite Sconery near the Lake Balaton special award...

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NÉBIH: Due to misleading labeling organic rice milk chocolate was withdrawn from the market

Due to misleading labeling organic rice milk chocolate was withdrawn from circulation. The consumption of the chocolate with milk-free and vegan inscription is dangerous for people with milk and protein...

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Global wheat and rice harvests poised to set new record

Global food markets will likely remain “generally well balanced” in the year ahead, as prices for most internationally-traded agricultural commodities are relatively low and stable, FAO said today. The benign...

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Masterpass use spreading rapidly

More than 200 million consumers in 18 European countries have access to the Masterpass payment service – announced Mastercard, relying on data from the end of June 2016. Masterpass stores...

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A four-star hotel was handed over in Hollókő

A four-star hotel was handed over on Friday in Hollókő in the World Heritage village. At the opening ceremony of the Castellum Hotel – built with an investment of over...

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Budapest Wholesale Market is 25 years old

Budapest Wholesale Market, Hungary’s biggest fruit and vegetable wholesaler, opened its gates in the summer of 1991. CEO Zoltán Házi told that in the last 25 years the market’s infrastructure...

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Higher sales revenue for companies in Central Europe in 2015

Last year Central Europe remained an important target for foreign investors – revealed the Deloitte Central Europe TOP 500 survey. This time 67 Hungarian companies made it to the top...

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Rondo appoints new managing director

As of 1 April 2016 Rondo Ganahl AG appointed Zsolt Miklós as the new managing director of the company’s Hungarian affiliate. Mr Miklós worked in the furniture industry before joining...

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Auchan’s new card programme

Auchan and its financial service provider, Oney are making shopping more comfortable with a new card programme. From 15 September 2016 the new Auchan card combines all the advantages and...

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PayPal and Mastercard expand cooperation

PayPal and Mastercard are expanding their long-standing cooperation with an important new element: in the future Mastercard will be one of the PayPal payment options and Masterpass will be accessible...

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Magazine: They are shaping the market and consumer taste

Retail chains not only play an important role in how the Hungarian wine sector develops and what kind of wines Hungarians like to drink, but some of them also have...

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The NÉBIH preceded 9 billion HUF VAT evasions last year

The National Food Chain Safety Office (NÉBIH) preceded 9 billion HUF VAT evasions last year thanks to its inspections. The National Food Chain Safety Office (NÉBIH) carried out almost three...

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More fresh milk would be given to the children in public catering

The public catering regulation of the Human Resources Ministry will be amended. Among other things, it is planned that more fresh milk would be given to the children in public...

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The importance of domestic demand became more valuable for the large enterprises

The importance of domestic demand became more valuable for the large enterprises – the privatbankar.hu wrote. Now the large enterprises’ profitability depends on mostly this factor, but the government's economic...

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Quality, WMF kitchenware again in the loyalty program of the SPAR Group

Due to the earlier success WMF products are added to the loyalty program of the SPAR Group again between October and January. Within the program beautiful and practical kitchen utensils...

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Tesco is committed to the fight against cancer

In Hungary, nearly eight thousand women is diagnosed with breast cancer every year . Tesco is committed to the fight against cancer, so in October the company joins to the...

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Bíró Lajos: we got into the center of the culinary world

We got into the center of the culinary world – Bíró Lajos Chef evaluated the Hungarian appearance on Tuesday at the Gastronomika World Congress, in San Sebastian at an international...

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MNB: businesses used 231.8 billion HUF in the third stage of the NHP so far this year

In the third phase of the growth loan program (NHP) between 1 January to 30 September, the companies concluded contracts amounting to 231.8 billion HUF, of which 68 percent were...

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Carton recycling rate in Europe is close to 50 percent

Carton recycling in the European Union is at last within sight of reaching 50 percent. From under 30 percent in 2005, it has risen to 44 percent in 2015 -foodbev.com...

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Praktiker expands

Praktiker opened its twentieth store in Hungary. In the near future the company is planning to open new stores. According to the statement of the company sent to MTI, Karl-Heinz...

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Romanian retail sales expanded significantly

In the first eight months, the volume of retail sales in Romania increased by 16.3 percent, compared to the same period last year – the Romanian national statistical institute annponced...

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Most of the beaches of the Lake Balaton are now on European level

Most of the beaches of the lake are now providing European level services – Balassa Balázs, president of the Lake Balaton Association (BSZ) said on Wednesday in Balatonfüred, at an...

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KSH: retail sales accelerated again in August

According to the raw data, the volume of retail sales increased by 5.8 percent in August, compared to the same period last year. Calendar effect adjusted, the volume of retail...

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Kopint-Tárki: GDP may grow by 2.2 this year and 2.7 percent next year

According to the lastest forecast of the Kopint-Tárki Zrt., the Hungarian economy may grow by 2.2 this year and by 2.7 percent next year. The government deficit this year may...

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The share of processed products is increasing within agricultural exports

Within the Hungarian agricultural exports the share of processed products rose from 60 percent to 80 percent in recent years – Fazekas Sándor, Minister of Agriculture told M1 news channel...

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NGM: retail sales are growing steadily for 38 months

Hungarian retail sales are growing steadily for 38 months, and significantly above the EU average – Lepsényi István, Minister of State for the Ministry of National Economy (NGM) told M1...

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Auchan gave 170 000 euros support to 20 domestic NGOs in Hungary

The Auchan celebrated the Day of Solidarity on 5 October with colorful family programs and with giving support to NGOs. All 19 stores of the chain of stores and the...

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Hop harvest – the first fresh hop beer specialty from Kozel has arrived

Kozel’s First Fresh Hop Beer with special green leafy hop-box in Limited Edition is now available in stores allowing the Hungarian consumers to familiarize themselves with the specialty related to...

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