News and articles
Hungary spends the most on leisure and cultural activities in the EU in the proportion of the GDP
On average, the EU member states spend one percent of their gross domestic product (GDP) for the support of leisure, cultural and religious activities. In the proportion of the GDP...
Read moreThe NAV caught the members of the cigarette smuggling criminal organization in Szabolcs county
The National Tax and Customs Administration (NAV) found a twelve-membered cigarette smuggling criminal organization in the Nagyhódos region of Szabolcs-Szatmár-Bereg County. Four members of the gang were arrested by the...
Read more
A Hungarian founded international company is expanding in the market of artificial intelligence
An international company founded in Hungary is expanding in the market of intelligence and chatbots (chat robots). The LogMeIn was founded 10 years ago in Hungary, but has grown into...
Read more
Magazine: Impulses at home and in the shops
According to Balázs Hunya, refreshment marketing intern of Unilever Magyarország Kft., the weather has the biggest influence on sales in the impulse ice cream categories. In grocery stores family box...
Read moreAnalysts: strong consumer confidence maintains the growth in retail sales
Growth in retail sales in June was expected, due to the strong growth of wages in April and May. The growth in real wages and the 11-year high consumer confidence...
Read more
CBA: the demand towards mineral water is increasing
CBA’s chain of stores sell much more mineral water during the heat waves than on a regular summer day, which can be felt on revenue growth, but it is not...
Read moreFM: the number of bee families exceeds one million
The Hungarian honey is excellent, its production is based on traditions and production technology, Nagy István, Parliamentary Minister of State of the Ministry of Agriculture told M1 news channel on...
Read morePeople over 50 spend three quarters of their income on overhead, food and medicine
In Hungary, people over 50 spend more than three-quarters of their monthly income on overhead, food and medicines, nine percent of their earnings are spent on leisure activities, and two...
Read more
K&H: more than third of young people have savings
More than third of the young people (between age 19-29) have savings, most of them are saving to buy a home – according to K&H’s quarterly survey. According to the...
Read more
FM: 200 million HUF for developing environmentally conscious waste collection approach
A call will be announced for NGOs, local governments and churches to raie public awareness on waste management and the promotion of environmentally conscious thinking – the Minister of State...
Read moreRomania’s retail sales grew by nearly 8 percent
The volume of Romanian retail sales increased by 7.8 percent in the first half of the year, compared to the same period of last year, according to the Romanian National...
Read more
Ifo: the economic mood index of the euro area has reached almost seventeen-year high
The economic indicator of the euro area’s economic climate has not seen an unprecedented level in the third quarter for almost seventeen years, according to data published by the Ifo...
Read morePenny Market has signed a 3 year-long sponshorship agreement with FTC
A Penny Market Ltd., the CEO FTC Soccer Zrt. és a Groupama Aréna have announced wihin the compass of the Lagardére Sports Hungary Ltd. press coference that they have sined...
Read more
Magazine: Strong brands in a digital age
In May Henkel celebrated 30 years in Hungary with a spectacular event. The host was managing director Dr Ágnes Fábián, who had been elected president of Branded Goods Association Hungary...
Read more
FM: the number of producer markets has almost tripled
Thanks to government support, the number of producer markets has almost tripled since 2010 – according to the information of the Ministry of Agriculture (FM), after Nagy István Parliamentary Minister...
Read more
FM: the development of vegetable and fruit growing is an important task
The development of vegetable and fruit growing is an important task – the Parliamentary Minister of State of the Ministry of Agriculture said on Friday in Bősárkány, Győr-Moson-Sopron County. Nagy...
Read more
Tesco will not sell eggs from cage breeding after 2025
Customers’ habits are constantly changing, more and more people are aware where are the products come from and how they are made. Tesco is committed to providing the highest quality...
Read more
SPAR roated a record long barbecue in Keszthely
A new Hungarian record was born today in Keszthely. In the parling lot of SPAR’s local hypermarket, Hungary’s longest, a 20-meter long barbecue skewer was roasted with the help of...
Read more
Nébih: Hungary is not involved in the “Dutch egg case”
Hungary is not involved in the “Dutch egg case” on the basis of current information – the National Food Chain Safety Office (Nébih) told MTI. The Minister of State responsible...
Read moreTesco’s online ordering system has been restored
Tesco’s online ordering system was restored after the chain’s full online order processing system in Central Europe was stopped on Thursday forenoon and there was a disruption in serving online...
Read more
Zwack Unicum’s profits fell, but it was higher than planned
In the first quarter of 2017-2018, the Zwack Unicum Nyrt. achieved a profit of 422 million forints, which is 20.7 percent lower than the 532 million forints of the previous...
Read more
No significant decrease is expected in the number of food and drink vending machines
No significant decrease is expected in the number of food and drink vending machines, according to the Magyar Posta. More than 27,000 electronic registrations have been received for vending machines...
Read moreBeer production increased in the EU last year
Last year, 39 billion liters of beer was produced in the European Union, 400 million liters more than in 2015. The Union’s beer production was 76 liters per capita in...
Read more
The world’s retail trade is watching Amazon tremendously
Amazon’s stocks accelerated on the international stock market after the company made it clear that the company steps onto the offline market not only in book trade, but also in...
Read moreThe focal point of African swine fever is closed by fence in the Czech Republic
The focal point of African swine fever in the Zlin region of East Moravia is closed by fence to prevent the spread of the epidemic, the local government said. There...
Read more
Lidl opens first US stores
In the middle of June Lidl started conquering the US market with 10 stores. A major promotion campaign preceded the launch and the first 100 shoppers got a USD 100...
Read more
Farm development programmes are coming
Funding opportunities in this year’s Farm Development Programme have been announced in June. The programme’s budget is HUF 225 million and the details are available to prospective applicants on the...
Read more
New spice factory opens in Nagytarcsa
Hungarian company Innovofoods Zrt. has built a spice factory in Nagytarcsa. The factory’s production capacity is 10 tons per shift. It cost HUF 500 million to build the new production...
Read moreKSH: growth in retail sales continued in June
In June, retail sales increased by 5.5 percent in year-on-year comparision and calendar effect adjusted increased by 6.0 percent. In the first half of the year, the turnover grew by...
Read moreBeer Association: this year’s beer consumption rises, but it has not yet reached its peak
The hot summer has its impact on the Hungarian beer market, this year beer consumption rises, but it has not yet broke the average consumer peak of the nineties –...
Read more