News and articles
Another, early wage increase in Auchan with an investment of over 2 billion forints
Thanks to the results of the past years and the planned expansion, Auchan plans to increase the number of its staff. The management of Auchan Retail Magyarország agreed on Tuesday...
Read moreAnalysts: September inflation is lower than expected
The September consumer price index has become lower than the market expectations, but the increase in core inflation reflects the growing domestic demand, but mostly the growth of the excise...
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A SPAR room was opened at the Buda Campus of the Szent István University
A modern teaching room was handed over with SPAR’s support of over 4.5 million forints at the Faculty of Food Sciences at the Szent István (St. Stephen’s) University. The development...
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FM: the Visegrád and the Baltic countries have stood up for the preservation of EU agricultural subsidies
The Visegrád and Baltic countries jointly agreed to maintain a strong, two pillar common agricultural policy (CAP) on Monday in Luxembourg at the Agriculture and Fisheries Council meeting – the...
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The Vasi wild pear pálinka was given origin protection
The Vasi wild pear pálinka has become an origin protected product, within the Origin Protection Program – the Minister of Agriculture announced at the press conference in Budapest in the...
Read moreThe IMF improved Hungary’s GDP growth forecast for this year and for the next year
The International Monetary Fund has improved Hungary’s GDP growth forecast for this year and next year in its autumn global economic forecast. According to the World Economic Outlook, October 2017...
Read moreDisadvantaged regions can become the engine of developing economies
Disadvantaged regions can become the engine of developing economies. These regions have significant growth potential in food production and other related industries, according to a recent summary of the Food...
Read moreThe giant pumpkin record may be over 900 kilograms
A man from Utah who has loved giant pumpkins since childhood is trying to set a state record for the second time with a nearly 907-kilogram gourd he’s been tending...
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On the way of turning into a major company
With a volume growth of 660 million HUF and a income growth of 16 percent, Kulcs-Soft is fast turning into a major domestic company producing softwares. Compared to the first...
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(HU) Nemzetközi retail hírek, hazai elismerésekkel
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Read moreKSH: inflation slowed down in September
In September, consumer prices were on average 2.5 percent higher than last year, after the 2.6 percent of the previous month. Compared to August, prices increased by an average of...
Read more2017 is the “century’s” vintage
Although the calendar is still in the beginning of October, the “big harvest” ends in the majority of wine regions this weekend, so in the Varga Winery. The yield has...
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SPAR won Superbrands Award
SPAR Magyarország won one of the most important international brand evaluation award, the Superbrands title for the ninth time. In addition to the expert jury, the organizers were also interested...
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Intersnack continues to be the largest Hungarian spice paprika exporter
The manufacturer of Chio products, the Intersnack, buys 200 tons of spice paprika in Hungary this year and continues to be one of the largest Hungarian pepper paprika exporters. The...
Read moreTesco fights against breast cancer together with its customers
Almost eight thousand new patients are diagnosed with breast cancer every year in Hungary. Tesco joins again to the GoPink! international campaign in October to raise awareness of breast cancer...
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Csányi Sándor is expanding the Bonafarm Group with a new company
Csányi Sándor, Chairman and CEO of OTP, integrates the Pápa-based Agroprodukt Zrt. into the Bonafarm Group. The company has recently become the businessman’s interest. The structure of the Bonafarm Group...
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The Bio-Fungi Kft. is planning a 5-10 percent growth this year
One of the most significant Hungarian mushroom producing companies, the Bio-Fungi Termelő és Kereskedelmi Kft. (Bio-Fungi Producer and Trading Ltd.) plans to increase its sales revenue by 5 to 10...
Read moreThe Disznótoros Sausage Festival to be held in Budapest for the fourth time
For the fourth time, the Disznótoros Sausage Festival will be held in Budapest in the Hungarian Railway History Park, where, besides family programs and folklore programs, a sausage fair and...
Read moreA boom on the luxury goods market
The LVMH, owner of the Louis Vuitton and the Italian textile manufacturer Loro Piana released outstanding results in the third quarter, suggesting that the market for luxury goods continues to...
Read moreThree million HUF worth cigarettes were found in a converted car at Beregsurány
About three million forint worth cigarettes were found in a car converted into a smuggler vehicle by the finance officers of the National Tax and Customs Administration (NAV) at the...
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The meat imports expanded by 84 percent
Mostly due to the bird flu the export of Hungarian poultry meat decreased by more than 16 percent in the first seven months of the year. Meanwhile, meat imports expanded...
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KSH: imports in exports increased even more in August
In August, exports in euros were 10.3 percent, imports 13.0 percent more than in the previous year. The trade surplus was 440 million euros, 119 million euros less than in...
Read moreKométa will start to produce new products
After a serious investment, Kométa 99 will start to produce new products – privatbankar.hu wrote. The Kométa 99 Zrt. will start to produce new products by processing the by-products of...
Read moreAnalysts: the increase in imports reflects the rise in domestic demand
The 13 percent increase in imports in August reflects the rise in domestic demand, while exports increased by 10.3 percent in line with the August increase of industrial output, according...
Read moreTrade with China can be doubled
By the end of the decade, the volume of trade between the Central and Eastern European region and China could reach 100 billion USD, which is almost twice the value...
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More than half of the Hungarian households are unable to save
Less than half of Hungarian households can save some minimal amount of money and most of them are afraid of unexpected living situations. Young Hungarians are mainly collecting for their...
Read moreSeveral jobs may be terminated within ten years
As a result of digitalisation, more than a dozen jobs may be lost over the next ten years due to technological development. This will mostly affect factory workers, carriers and...
Read moreFree wifi access points to come all over Europe
The European Union will fund the establishment of at least 6,000 free wireless internet access points across the bloc by 2020 under a scheme called WiFi4EU, the European Council said...
Read moreThe General Electric would double the number of suppliers from Central and Eastern Europe
By 2020, the General Electric (GE) wants to double the volume of products and services purchased from Central and Eastern European SMEs, including Hungarian businesses – piacesprofit.hu wrote. The company...
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(HU) GKI: A munkanélküliség csökkenése ellenére nem tűnt el a félelem
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