News and articles
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
Sorry, this entry is only available in HU....
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Magazine: Beyond the candy mountain
The market of candies, lollipops and chewing gums is very colourful. There are old favourites such as gummy candies and there are new, functional products as well. One thing is true for...
Read moreThe Russians expect record grain production
According to Russian President Vladimir Putin, in Russia, this year, about 130 million tonnes of record crops are expected – origo.hu wrote. Russian Prime Minister Vladimir Putin evaluated the grain...
Read moreIrrigation alleviates the risks of extreme weather
The importance of irrigation was discussed by the Minister of Agriculture at Kisújszállás on the occasion of the Tisza Valley Conference on Saturday. Fazekas Sándor said that irrigation has a...
Read moreMade in Hungary: Milka’s new wave chocolates are being made in Székesfehérvár
The Milka’s new wave chocolate the Milka Waves is produced in Székesfehérvár for the entire European market. The production of the iconic alpine chocolate has moved to Mondelez’s plant in...
Read moreNGM: Hungary to protect ekáer
The government is doing its best to defend the domestic electronic road traffic control system (ekáer) that is recognized by the European Court of Auditors as well. The electronic road...
Read moreIn trade with Russia, the EU lost 30 billion euros due to the sanctions
In trade with Russia, the European Union lost 30 billion euros due to the sanctions against Russia until 2017, according to a study published on Friday by the Austrian Economic...
Read moreEXPO REAL: Budapest is one of the most exciting destinations on the East Central European investment map
Budapest and Hungary became the most attractive destination of the region and one of the most popular destinations of international real estate developments and investments. The Hungarian capital was showcased...
Read moreGrowth in retail sales in the Czech Republic accelerated in August
In August, the annual growth in retail sales increased by 4.8 percent from the 4.6 percent of July, the Czech Statistical Office announced on Friday. The number of working days...
Read moreThere has been a significant increase in global air freight and passenger traffic
The global air freight and passenger traffic increased significantly in the eighth month of the year compared to the previous year, according to the latest data of the International Air...
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The euro area PMI has grown
The September value of the composite purchasing manager index in the euro area indicates sustainable economic growth – the London-based IHS Markit Economics Research Institute revealed on Wednesday. The final...
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Magazine: Wieners and frankfurters
Pork’s price grew considerably in 2017, but despite this trend most market players don’t think that wiener and frankfurter prices will increase much in the end-of-year peak season. Zsuzsa Takácsné Rácz,...
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Verbena herbal candy with eucalyptus-mint and vitamin C
Verbena herbal candies not only have a new packaging, but a new flavour combination, pleasantly refreshing and fresh eucalyptus and mint is also added to the product line. Just like...
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