News and articles
Amazon’s sales were lower than the expectations of analysts
Amazon’s exchange rate dropped by 9 percent in post-closing electronic trading as a result of a mixed corporate report. Although the technology giant’s 5.75 USD per share far exceeded 3.14...
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A very fast growth can be expected in 2018 , it will slow down noticeably next year
While most forecasters project a GDP growth rate of 4-4.5 per cent for 2018, they—with the exception of the government—expect only 3-3.5 per cent for next year. (GKI projects at...
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Magazine: With a complex strategy it is a house, without one just bricks on top of each other
On 9 November Péter Geszti organises his marketing seminar for the second time: at GPS 2.0 the advertising and communication expert will share his thoughts with the representatives of SMEs. T.M.: – What gave...
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There is not enough fruit and vegetables in the world for everyone
If everyone wants to have a healthy diet, there would not be enough fruit and vegetables in the world – experts of the University of Guelph said. Canadian researchers have...
Read moreWhat do we think about product recalls?
We appreciate a straightforward and fair attitude and we feel that is a higher trouble if the information is not from the enterprise but from the authority, but the Hungarian...
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The drug market is concentrated
The three major drugstore chains acquired nearly 90 percent stake in the domestic retail perfume market – Világgazdaság Online wrote. Last year, 696 businesses were dealing with perfume retail trade...
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Shopmark’s INTERSPAR store was renewed
SPAR spent more than 1.5 billion HUF on modernizing the hypermarket in the former Europark. The investment will help to preserve 122 jobs, and in the framework of the complex...
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The government supports the spread of cash-friendly payment methods
The government supports a number of programs to promote cash-friendly payment methods and to boost financial awareness in Hungary – Varga Mihály Finance Minister emphasized in the Árpád Óbudai Gimnázium...
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The Peroni Nastro Azzurro is available in Hungary
Italy’s unmistakable beer, the refreshing Peroni Nastro Azzurro has become available in Hungary. The Italian beer brand, which is the world’s top seller, is a real style icon, with its...
Read moreHoney consumption is a valuable nutrient for the human body
With the consumption of honey, the human body has a lot of valuable and essential nutrients – Takács Ferenc, a member of the Kaposvár and the region’s beehive association told...
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Rózsás Mónika became the managing director of the Alföldi Tej Kft.
The Friday meeting of the Alföldi Tej Kft. elected Rózsás Mónika as the managing director of the company – the company informed MTI. Rózsás Mónika has been working at Alföldi...
Read moreConsumer sentiment has fallen in the world’s largest economy
The consumer sentiment in the United States declined in October – according to the regular monthly survey of the Michigan University. The results were published on Friday. In October, the...
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Humans may grow cocoa for 3600 years
Analyzing the genetic resources of today’s cocoa trees, scientists have discovered that the cultivation and breeding of the raw material of chocolate has begun about 3600 years ago. Scientists from...
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Magazine: Carrot’s price surged
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that on the 35th week at the Budapest Wholesale Market the price of carrot...
Read moreThe reconstruction of the Shopmark shopping center in Pest has been completed
The reconstruction of the 24,000 square meter Shopmark, one of Kispest’s biggest shopping malls has been completed. The reconstruction cost nearly 5 billion HUF – the Diófa Alapkezelő Zrt. told...
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Auchan Magyarország Kft. and the Milk Product Council launched a joint department store promotion
The members of the Milk Product Council are committed to the development of the Hungarian dairy sector. The members are comitted to the the high quality continuation of domestic milk...
Read moreThe Varga Winery sells about 14.7 million bottles of wine this year
The Varga Pincészet Kft. sells about 14.7 million bottles of wine this year in Hungary, which is practically the same amount as last year. Next year, the capacity of the...
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The market leader dm has increased its turnover by 10 percent
In 2018, the turnover of dm exceeded 100 billion forints, thus achieving more than 10 percent growth in sales compared to the same period of last year. The company’s management...
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Kreinbacher wins the world title at the Champagne & Sparkling Wine World Championships
The Somló-based Kreinbacher Estate’s Prestige Brut Magnum 2013 champagne won the World Champion title at the Champagne & Sparkling Wine World Championships (CSWWC) in London and the winery also received...
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The borrowing of households is expanding rapidly
The borrowing activity of the population is increasing steadily, according to the data of the Netrisk.hu financial comparison site. The portal has delivered more than three times more personal credit...
Read moreThe 2018 Book of White, Red, and Rosé Wine Excellences has been published
In the 2018 Book of White Wine Excellences, the wine producers of the Balaton and Tokaj Wine Region, while in the Book of Red and Rosé Wine Excellences the producers...
Read moreAlmost two-thirds of Germans are satisfied with their financial position
Almost two-thirds of Germans are satisfied with their financial situation, according to a survey reported on Thursday by German newspapers. Based on a survey prepared by the German Savings Co-operative...
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China does not need US soy
Because of the customs war, China buys more soybeans from South America than from the USA – Világgazdaság Online wrote. The 2018-19 marketing year began a few weeks ago, and...
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The 2019 payments would be raised with 600 million, compared to the original EP proposal
At the plenary session of the European Parliament (EP) voted for its position on the EU budget for 2019 according to which the MEPs would increase the 2019 payments with...
Read moreMcDonald’s to remove plastic straws and paper cup covers
McDonald’s previously announced that they would only use recycled raw materials by 2020 – origo wrote. In the pursuit of this endeavor, the company completely abolishes plastic straws and paper...
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KSH: retail sales continues to perform well
In August, the volume of calendar effect adjusted retail sales grew by 6.8 percent, compared to the same period of last year. The raw data became 6.3 percent – the...
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Analysts: the increase in earnings is lagging behind expectations
The August growth rate of earnings lags behind analysts’ expectations, but according to them, a steady rise is expected in the labor market, but the rising of real wage growth...
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Significant demand for Hungarian fish product
The high temperatures of the summer were bad for fish farming – magyaridok.hu wrote. However, the industry will effectively close the season, and the demand for both domestic and foreign...
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VAT on milk to decrease
The VAT on UHT and ESL milk will decrease to five percent – according to the tax package submitted on Friday afternoon – Index wrote after the communication of the...
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