News and articles

KSH: retail sales rose by 5.5 percent in 2015

Together with the 5.0 percent increase in December 2015, the annual retail trade turnover growth was 5.5 percent higher than in the previous year, when it was 5.2 percent. The...

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Nébih and the Dairy Product Council signed a cooperation agreement

In order to protect the high-quality Hungarian dairy products, the National Food Chain Safety Office (Nébih) and the Milk Interprofessional Organization and Marketing Board signed a long-term cooperation agreement –...

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Cellars may overflow

According to the International Organisation of Vine and Wine (OIV), the world's wine production was about 275.7 million hectoliters in 2015. World wine production increased by two percent in 2015,...

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The gap is closing between the US and European prices

The futures price of corn gets closer and closer on commodity exchanges in the US and Europe in January. The decline lasting for months has continued in Europe and in...

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Public Workers into the trade!

The National Economy Ministry launched its Public Workers into the Private Sector program on 1 February. According to the plans 20-25 thousand public workers will switch to the primary labor...

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The dm renewed some of its shops

Thanks to the expansion policy of the dm, last year dozens of businessess were renewed, and this will be continued this year as well: the drugstore started the year with...

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Hungarian seed market trends

The price of the seeds of the spring cereal crops is a net 97 thousand HUF per tonne price – the Seed Association Interprofessional Organization and Marketing Board published for...

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Nearly 50 Hungarian wines are competing at the Berlin Wein Trophy competition

Nearly 50 Hungarian wines are competing at the Berlin Wein Trophy (BWT) competition of the International Organisation of Vine and Wine. The biggest wine competition begins on Thursday in the...

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Romanian retail sales grew by 8.9 percent last year

Romanian retail sales volume grew by 8.9 percent last year , compared to the previous year – the Romanian national statistical institute announced on Wednesday. The increase is mainly due...

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Chinese may buy Syngenta

China National Chemical Corp. is nearing an agreement to buy Swiss pesticide-and-seeds-maker Syngenta AG for about 43.7 billion francs ($42.8 billion) as the state-backed company extends its buying spree with...

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Nourishing Hand Creams

The key ingredients of Nourishing Hand Cream are Lavender and Kokum Butter that provide nourishment and long lasting hydration to leave your hands soft and smooth. Age Defying Hand Cream...

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Stress resistant stock markets

After the 13 November terror attack in Paris many analysts say stock markets may fall sharply should the attacks continue. Due to the constant threat people might stay at home...

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GKI: Deceleration continues in 2016

After a number of weak years, the development of the Hungarian economy in 2014 was the second fastest in the EU. GDP growth was above-average in 2015 as well; however,...

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In the European top three once again

Like-for-like FMCG value sales improved by 5.8 percent in Q3 2015 in Hungary. This performance was the third best in Europe, behind Turkey’s 12.4 percent and Austria’s 5.9 percent. According...

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KSH: food exports in November increased by 7.7 percent

Hungary’s external trade surplus decreased by €22 million in year-on-year terms in November, to €687 mln, with the export volume growing by 8.4% and the import volume increasing by 11.2%,...

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VHT: the impact of the VAT reduction appeared in the pork prices

According to Németh Antal, chairman of the Livestock and Meat Marketing Board and Interprofessional Organization (VHT), the impact of the VAT reduction appeared in the pork prices, but not to...

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Hungary sees another customer confidence index growth, though terrorism is considered to be a threat

Hungarian customer confidence index has seen a serious growth in the fourth quarter. Nielsenʼs consumer confidence index rose 6 points to 61 from the previous quarter, Nielsen said. The index...

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Free WiFi for the dm customers

From February, the dm drugstores will provide free wi-fi in all of its stores to help the customers in obtaining information. The customers can use the free wifi for an...

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Heineken: these are the best clubs of Budapest!

The Heineken Budapest Nightlife Awards – the competition of entertainment venues, clubs, pubs and bar in Budapest – was organized for the first time. The competition involved a total of...

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Bisnode: The number of liquidations was record low last year

The number of liquidations was record low last year in the Hungarian company world: while in 2014, more than 17,500 proceedings were initiated, last year only less than 10 thousand:...

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Great Furmint February Tasting with the wines of nearly one hundred cellars

Ninety-four cellars offer more than 170 kinds of Furmints at the Great Furmint February Tasting on 7 February at the Hungarian Agricultural Museum, while the restaurants and the specialty shops...

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Cigarette smuggler crashed

A cigarette smuggler crashed after a chase near Apagy with a twenty-seven million HUF worth cigarette shipment. Magyar Norbert, press officer of the Nationmal Tax and Customs Authority’s Szabolcs-Szatmár-Bereg county...

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More than a hundred kinds of foods await the guests of the Fish Festival

The 4th Budapest Fish Festival awaits its guests with more than a hundred kinds of fish meal, fish species, cooking contest, children's programs and music concerts to the Millennium Park...

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NAK: the new site of the chamber will be available soon

The National Agricultural Chamber’s (NAK) new customer-friendly website serving all needs will be available within weeks – the NAK told MTI on Tuesday. According to the Communication, the site is...

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New commercial and marketing organization at Coca-Cola HBC Hungary

Sorry, this entry is only available in HU....

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Jack Daniel’s celebrates the 150th anniversary of the Jack Daniel Distillery

Jack Daniel’s has announced plans to celebrate the 150th anniversary of the Jack Daniel Distillery in Lynchburg and around the world in 2016. Through events, special promotions and new products,...

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Ibis Styles arrives to Hungary

Orbis Hotel Group introduces the newest hotel brand to the Hungarian market A year after taking over the operation of all AccorHotels brands in Central/Eastern Europe and becoming the largest...

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The reduced VAT would be beneficial to other sectors

The price of pork spectacularly declined in recent weeks, in addition that live pig prices also fell, the VAT reduction came into force on 1 January seems to be successfull....

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Hungary offset the Russian embargo with new markets

Hungary successfully offset the Russian embargo on the Hungarian agricultural and food products by exploring new markets – Budai Gyula, Ministerial Commissioner of the Ministry of Foreign Trade and Foreign...

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