News and articles
BeeRides: car sharing can be money-saving and money-making sources as well
The Hungarian established community car sharing startup continues to expand with foreign capital involvement. During a trip to abroad, a large proportion of cars are out of stock. The Hungarian-based...
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Henkel achieves new highs in sales and earnings
Sales increase to 20,029 million euros, first time above 20 bn euros: nominal growth +7.0%, organic growth +3.1% EBIT margin* reaches new high: +40 basis points to 17.3% Earnings per...
Read moreKSH: Retail sales increased by 6.1 percent in December
In December, retail sales grew by 5 percent, according to the raw data. Calendar effect adjusted, the growth was 6.1 percent. In 2017, the volume of turnover – according to...
Read moreTesco’s customers can decide on the tenders
Once again, the Hungarian Donor Forum (MAF) will assist Tesco for the fourth time in the “We Choose, We Will Help” community program. In the program, each organization that will...
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The MVM Partner Zrt. and the Reál Hungária Kft. established an electric filling station node
The MVM Partner Zrt. and the Reál Hungária Kft. established an electric filling station node – a so called HUB – at the Kondorosi Street site of the chain in...
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Test cuts can start in the fall in the waterbird slaughterhouse in Mélykút
In the autumn, test cuttings can be started at the waterbird slaughterhouse of the Hunent Víziszárnyas Feldolgozó Zrt. (Hunent Waterfowl Processing Zrt.). The investment was implemented from about 12.6 billion...
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The EU has increased the allocation for the promotion of agricultural products
The European Commission has increased the amount of support to promote the European agricultural products within the EU and around the world to 169 million euros (about 52.4 billion forints)...
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Last year, the offices of the national trading house in Slovakia helped to conclude 420 million HUF worth business deals
The offices of the Hungarian National Trading House (MNKH) operating in Slovakia helped to conclude 420 million HUF worth business deals last year and more than 1 billion HUF, since...
Read moreFazekas: the EU Member States do not want to reduce farmers’ support
The Member States of the European Union do not want to reduce farmers’ support, the V4s are also committed in this – Fazekas Sándor, Head of the Ministry of Agriculture...
Read moreThe number of small breweries in the Czech Republic increased further
In the Czech Republic, the number of mini breweries was growing rapidly in 2017, exceeded 400 at the end of December. According to the Czech-Moravian Federation of Breweries 50 new...
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New Zealand’s super-dairy
From the branded dairy products of the a2 Milk New Zealand company, already twice as more is consumed than the own-branded products of the chain of stores. The company’s value...
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Consumer confidence has worsened in the euro area and in the EU
Consumer confidence declined in the euro area and in the European Union in February, according to the preliminary estimate of the European Commission. The consumer confidence index fell by 1.3...
Read moreIkea’s revenue increased by 14 percent
Ikea’s revenue grew to 61 billion forints in the fiscal year ended September last year, which is 14 percent higher than in the previous year – the Swedish-owned chain announced...
Read moreThe export of agricultural products increased by one-third
The export of agricultural products increased by one-third over the past 7-8 years, of which 83 percent is aimed to the European Union’s (EU) member states – Fazekas Sándor Minister...
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More and more vending machines out of order
It is quite certain that Magyar Posta will not be able to do the wiring of the twenty-two-thousand- vending machines to the National Tax and Customs Office with automated control...
Read moreThe Hungarian agriculture is ready for the digital switchover
The digitization of Hungarian agriculture has its foundations, and the sector is ready to the digital switchover – Feldman Zsolt, Deputy Minister of State, responsible forAgriculture said at the opening...
Read moreGrowth is slowing in Hungarian online retail
Growth is slowing down in the Hungarian online retail market, while the domestic online market revenue has risen by almost 18 percent in 2017, compared to the previous year, so...
Read moreChamber of Agriculture: the farmers would expand the size of the irrigable area to fivefold
Instead of the current 80,000 hectares, the farmers would irrigate on 377,000 hectares in the future – according to the results of the irrigation water demand survey of the National...
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Analysts: real wage growth may continue at a more moderate pace
The real wage growth may continue this year at a more moderate pace, compared to last year – market analysts told MTI, after the Central Statistical Office (KSH) released its...
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The market for pet foods increased dynamically last year
The market for pet foods increased dynamically between February 2017 and January 2018. Hungarians spent 7 percent more on dog food, while 10 percent more on cat food – according...
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The products of the Tihany Selection and Karaván brands are available in a new packaging
Product photos have become more accentuated than ever before, and thanks to the new colors the packagings of the Tihany Selection (Tihany Válogatás) and Karaván cheeses provide a clearer picture....
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The Rubin Kft. develops paprika grist from over 100 million HUF
The Rubin Szegedi Fűszerpaprika Feldolgozó Kft. has announced that it will produce a stable red pepper powder from more than 100 million HUF. About 78 million HUF is non-reimbursable EU...
Read moreThe Hungarian mergers and acquisition market has fallen significantly over the past year
In Hungary, the mergers and acquisition (M & A) market fell sharply according to the recent survey of the Allen & Overy International Law Firm. Lengyel Zoltán, Allen & Overy’s...
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136 billion USD in sales at Wal-Mart
Wal-Mart had a weaker performance than expected in the fourth quarter of its fiscal year ended at the end of January – portfolio.hu wrote. Profit from the period lagged behind...
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New treatment was used to prevent nut allergies
It was possible to prevent nut allergies within a study involved a large number of patients. Within the research, sick children took a nut flour capsule each day for half...
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NGM: the number of employees in Hungary is increasing for more than five years
The number of employees in Hungary is increasing for 64 months, ie for more than five years – Cseresnyés Péter, Minister of State of the Ministry of National Economy (NGM)...
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Online packages from China can arrive faster
The Magyar Posta Zrt. establishes a Chinese-Hungarian joint venture company jointly with two Chinese logistics companies with a share capital of 3 million euros (900 million forints). The agreement was...
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European Commission: The EU is characterized by vigorous economic activity and high employment rates
At the beginning of the 2018 European economic semester of the budgetary and social policy management, there is a strong economic activity, employment indicators are peaking, and declining unemployment has...
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Magazine: Anyone can afford having a bank card terminal
According to Ágnes Hornung, secretary of state at the Ministry for National Economy (NGM), in Hungary the proportion of electronic transactions is still much smaller than the European average. The bank...
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