News and articles

Innovations serving energy efficiency

Swedish company ABB is a leading developer and supplier of innovative technologies in the fields of energy products, robotics, industrial automation and energy networks. ABB is present in more than 100...

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Ericsson contributes to economic growth with 5G technology

Ericsson Magyarország Kft. employs nearly 2,000 people. The company is one of Hungary’s biggest telecommunication and informatics researchers, software and hardware developers. They have a laboratory where they do network research. Ericsson is also...

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Affordable home furnishing solutions

IKEA’s goal is to provide people with a nicer environment in their daily lives. Eszter Varga-Nagy, PR manager of IKEA Hungary explained to our magazine that the company sells affordable furniture...

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Premium quality trucks

Scania’s history goes back more than 125 years and has been a member of the Volkswagen group since 2015. The company is present in more than 100 countries, manufacturing trucks, buses...

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Property development in an innovative way

Skanska is one of the world’s biggest property developers. They employ 41,000 people all over the world, planning, building and leasing both private and commercial property. In Hungary Skanska focuses on commercial...

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Domestic internet users intend to spend 35,000 forints for Christmas gifts this year

Domestic internet users intend to spend almost 35,000 HUF on average for gifts this Christmas, about 14 percent more than last year, according to a survey conducted by GÉG Digital....

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Lipóti and the Dia-Wellness for a healthy Christmas

As the holidays approach, new products will be placed on the shelves of the Lipóti Bakeries. Thanks to the joint developments with the Dia-Wellness, health-conscious people, consumers with food allergies...

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Growth in retail sales may accelerate further

Growth in retail sales may continue to accelerate in the coming months, according to analysts interviewed by MTI. According to the Central Statistical Office, the volume of retail sales in...

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The State Treasury paid 254 billion forints to the farmers

The Hungarian State Treasury paid 254 billion forints grant to the farmers this year during the prepayment period of direct subsidies – the Hungarian State Treasury (MÁK) told MTI on...

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Santa Claus Factory – This year, they are waiting the donations with longer opening hours

This year, the Santa Claus Factory receives donations for 22 days in Budapest. The donation center – set up near the Heroes Square – will be open from 9 am...

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The döner may be endangered because of a planned EU rule

The Turkish fast food developed in the former West Berlin may be endangered because of a planned EU rule – the German newspaper Bild wrote. According to the report, the...

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The world’s best wine producing areas are in the greatest trouble

This year as little wine was produced in the world as in 1961 – the Paris-based Organization of Vine and Wine (OIV) announced. The downturn is mainly due to bad...

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Hungarian proposals should also be included in the EP report on sheep and goat farming

The proposals of the Hungarian sheep and goat farmers, including the lump sum support of small pet keepers, the extension of national animal welfare support and the enlargement of pasture...

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Hungarian National Trading House: cross-border economic development programs are promoting the development in the homeland

“The activity of the trading house is an important complementary tool for economic development programs in foreign areas” – Oláh Zsanett Chief Executive Officer of Magyar Nemzeti Kereskedőház, on Wednesday...

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Magazine: Fruit juices rich in fruits and vitamins

Coca-Cola Hungary’s experience is that the fruit juice market continued to grow this year. Commercial excellence leader Gábor Ivády told that in the summer fruit juices with a lower fruit content...

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Cofidis: the amount intended for Christmas presents can grow by a quarter this year

As in the previous year, 78 percent of the population is buying gifts for Christmas, but the amount intended for Christmas presents can rise from last year’s 31 500 forints...

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SPAR has re-opened two of its stores

SPAR Magyarország has modernized the INTERSPAR store in Tatabánya and the supermarket in Bicske from nearly 3 billion HUF. The customers can use the 17-year-old the INTERSPAR store in Tatabánya...

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NFM: e-commerce is in the focus of the consumer protection tests

Consumer protection controls focus on e-commerce this year so the families can safely buy online – the National Development Ministry (NFM) announced on Thursday. According to the ministry, the number...

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KSH: the number of employees was 41 thousand more than a year before

During the three-month period from August to October, the average number of employees was 4 million 445 thousand, 41 thousand more than a year before. The employment rate for people...

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Hungarian pálinkas will also be present at the Düsseldorf trade fair next Spring

Hungarian pálinkas will also be showcased at the ProWein Fair, one of the most important business forums of the international wine and spirits sector in Düsseldorf, between March 18-20, 2018...

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The European Commission has presented the main principles on the common EU agricultural policy

On Wednesday, the European Commission presented its proposals on the main principles of the common EU policy on agriculture, focusing, among other things, on giving Member States wider powers on...

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Budapest is becoming a startup capital

Budapest hosts one of the most important regional startup events of the year. Hungary organises the event as the official program of the 2017 V4 presidency, between 30 November and...

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A Foundation in Szekszárd employing disabled people creates a food manufacturing facility

The Kék Madár (Blue Bird) Foundation establishes a food manufacturing and visitor center. The profits will be devoted to help the disadvantaged people. The Foundation, which is operating a smaller...

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Consumer confidence stagnated in Germany

Instead of the expected minimal improvement, German consumer confidence has stagnated, according to a survey published by GfK on Tuesday. The consumer mood index of the Nuremberg-based Market Research Institute...

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Retail sales declined in Japan

Contrary to expectations, retail sales declined in October in Japan, which doubts the hope that consumers will start to spend their money after the weak third quarter. Compared to September,...

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London analysts expect growth above 3 percent for the Hungarian economy next year

According to London’s financial analysts, the Hungarian economy will grow over its own long-term trend average over the next few years, and the growth rate is expected to exceed 3...

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KSH: Investments increased by 18.3 percent

In the third quarter of this year, the volume of investments grew by 18.3 percent, compared to the previous year’s low base, following the 26.8 percent rise in the previous...

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The Food Bank has collected more than 200 tons of durable food products

During the weekend campaign, the Hungarian Food Bank Association collected about 236 tons of durable food with the help of 5000 volunteers in about 120 settlements across the country. According...

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