News and articles
Analysts: investments have increased in record numbers
All expectations are far surpassed by the first-quarter growth in investments this year, which is a record – Macroeconomic analysts told MTI. According to the latest data of the Central...
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Hungarian agricultural exports over eight billion euros
Hungarian exports of agricultural products were over eight billion euros last year, while the foreign trade balance closed with 3 billion euros positive, despite the avian influenza has had a...
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Restrictions on avian influenza have been lifted in Hungary
Restrictions on avian influenza have been lifted in Hungary – the Ministry of Agriculture (FM) told MTI on Wednesday. According to the information, the domestic and EU poultry deliveries can...
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Spar’s franchise network expanded with 13 units over five months
In the first five months, the Spar franchise network has expanded with 13 units and the company plans to open new businesses for the rest of the year – the...
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Cerbona icreased its earnings and profits last year
The Cerbona Élelmiszeripari Kft. Increased its revenues and profits last year. Its revenue has become more than 3.4 billion HUF, and its pre-tax profit was 251 million HUF – the...
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MNB: corporate and retail borrowings increased in the first quarter
The growth in corporate lending continued in the first quarter. The volume of loans in terms of transactions increased by 4 percent. The lending dynamics of the household sector also...
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A campaign to be launched to promote rabbit meat consumption
A national campaign to be launched to promote rabbit meat consumption – the Minister of State of the Ministry of Agriculture announced at a professional conference in Kaposvár. According to...
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The MGYOSZ launches a national series of events for the development of vocational training
The National Association of Employers and Industrialists (MGYOSZ) is launching a national series of events for the development of vocational training in September. The National Association of Employers and Industrialists...
Read moreThe Grain Alliance has a new chairman
Kiss Péter, managing director of the ADM Agrár Kft. has replaced the former chairman, Lakatos Zoltán in the executive chair – the secretary-general of the Hungarian Grain Processors’ Association (Gabonszövetség)...
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The rate of inflation has declined in the euro area
According to the preliminary data, the rate of inflation has fallen in the euro area in May, according to Eurostat, the statistical office of the Union. Consumer prices rose by...
Read moreThe abolition of cigarette machines is under consideration in Austria
Debate began on the abolition of public cigarette machines in Austria, politicians have so far declined to comment on this issue – the Der Standard Austrian newspaper wrote. Apart from...
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Euronics’ network was among the first to fulfill online cashmachine requirements
Sorry, this entry is only available in HU....
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NAK wants us to eat more mushrooms
In June the Hungarian Chamber of Agriculture (NAK) organised a promotion campaign for retailers (Auchan, CBA, LIDL, METR O, SPAR, TESCO) and mushroom growers. Hungarian mushroom consumption is very low, 1-1.5kg...
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KSH: increasing investments in the first quarter
In the first quarter of this year, the volume of investments exceeded the low base of the same period of the previous year by 34.1 percent, when a 14.9 percent...
Read moreThe sowing area of maize and wheat decreases
Maize and wheat were sown on almost three thousand less hectares of land this year in Tolna County. The sowing area of the autumn wheat fell by nine thousand hectares,...
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Instant transfer from 2019
Instant transfer is planned to be launched from 1 July 2019 in Hungary. The complex cash flow development can fundamentally change our everyday lives. The new system will be able...
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The Füstlizer has arrived!
One of the most significant players in the Hungarian meat market, the Sárvár-based Sága Foods Zrt. has been building the Sága brand on the products of higher quality. The main...
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Wine and fish festival for four days from Friday in Balatonfüred
The Balaton Wine and Fish Festival begins on Friday in Balatonfüred with gastronomic offerings as well as concerts. The festival will feature the Sebő band and Huzella Péter. Cserép László,...
Read moreThe 10th National Siller festival starts with a wine muster in Paks
On Friday, the 10th National Siller Festival begins in the Sárgödör Square in Paks, with a wine muster. The audience can taste the best Sillers of the Carpathian Basin. The...
Read moreThe Romanian authorities prevented the smuggling of 40 million illegal cigarettes during three months
The Romanian authorities have prevented the smuggling of 40 million illegal cigarettes in the last three months and more than 300 people were arrested for suspected cigarette smuggling – the...
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The European Union sets thousands of free internet access points up
Political agreement has been reached by the EU institutions on the so-called WiFi4EU initiative, which will create thousands of free internet access points for 2020 on the continent, the European...
Read moreIDC: The world market of smartphones has slightly increased this year
According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, worldwide smartphone shipments are expected to rebound slightly in 2017 with expected growth of...
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Good business relations with Estonia
Parliament on Monday, after talks with his Estonian counterpart, Prime Minister Viktor Orbán said that Hungary has always had excellent and close relations with Estonia. In July Estonia will take...
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New grill cheese in the Hajdú assortment
In May Kőröstej group’s Hajdú brand puts a new grill cheese product on the market. The new cheese is softer and lighter than any other product in the portfolio. Owner...
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Hungary recorded unprecedented investment growth in Q1 2017
In the first quarter of 2017, the volume of investment totalled HUF 1033bn, which shows year-on-year investment growth of more than 34 percent. This has been the highest growth rate...
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Magazine: There is no stopping until perfection is reached
Value sales have increased recently in the shaving product market. Consumers have started buying more expensive products in the category. The category is very much seasonal: value sales in the...
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Faster than expected growth
In the 1st quarter of 2017 the Hungarian GDP increased by 4.1 percent, faster than originally expected. Thanks to this GKI has modified its annual growth forecast to 3.5 percent....
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