News and articles
Retail sales increased in Great Britain
In April, retail sales grew more than expected in Great Britain. It is the highest increase of the past 15 months, according to the data released by the National Statistical...
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Some of the exhibitors
The website ajandekvarazslo.hu (offering personalised gift ideas to customers) was launched before last Christmas and so far more than 100,000 products have been uploaded to the website. Schoeller Allibert manufactures...
Read moreCheaper to sell online in the EU
VAT payment for selling goods online within the European Union will simplify by 2021. The latest report by MAZARS analyses the EU’s plan that would reduce the administrative burden and...
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Magazine: Big Data: facts and misconceptions
We hear a lot about the concept of Big Data and just like in the case of other topical issues, misconceptions are also spreading. It didn’t make the situation any...
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(HU) Mi az? Pontosabb a GPS-nél és az év retail szenzációja lehet?!
Sorry, this entry is only available in HU....
Read moreQuality wines on the shelves of the department stores
It has been a trend for years that we can buy high-quality wines at hypermarkets and discounts. Experts also spend more and more time walking between the wine shelves of...
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The barbecue season brings billions of HUF in turnover
The barbecue season is a billion HUF business. The demand also grows towards related food and non-food products – origo wrote after Világgazdaság. The annual turnover of grilled sausages, spices...
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The SPAR has modernized five of its stores
SPAR Hungary has invested nearly 1.3 billion HUF in five cities. The development involved stores in Budapest, Miskolc, Pécs, Balatonlelle and Gárdony. “Last year was an important investment milestone in...
Read moreBelgian Beer Festival offers the drinks of forty-five Belgian breweries on the weekend
250 kinds of beers of forty-five Belgian breweries, including 65 kinds of draft beers can be tasted during the weekend at the 8th Belgian Beer Festival in the Bálna Budapest....
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The Sirha International Food and Catering Exhibition will be held in February
The Sirha International Food and Catering Trade Fair will be held in Budapest on 7-9 February 2018. At the Sirha 2018 as in the previous year, exhibitors from nearly 20...
Read moreThe Lithuanians consume most alcohol in the world
The Lithuanians consume 18.2 liters of alcohol per year. Among the regions, the Europeans are leading the world with an average of 10.3 liters of alcohol consumption, according to the...
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More oats and less sugar from Cerbona
Following, the Western European consumer trends, there is a growing demand for functional foods and healthier products in Hungary as well. A significant increase in demand towards oat products has...
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A great interest surrounded the Hungarian stand at this year’s HOFEX
The Hungarian participation at this year’s HOFEX in Hong Kong, was very successful. The Hungarian exhibitors have reported a lot of interest and a number of business talks from the...
Read moreNGM: More than 100 SMEs won EU funds to increase their competitiveness
A total of 148 micro, small and medium-sized enterprises won nearly 10 billion euros worth EU fundings to increase their competitiveness, to create new products, to develop new technologies and...
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We know what you drink this summer
We really have to sleep only a few, and summer is here. After we got a repetition from the winter, we finally happily realize that the thermometer is slowly but...
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A Hungarian male spends an average of 2500 HUF on cosmetics
Men in Hungary still believe in the trinity of shower gel, shampoo, and deodorant, but there is no big difference between the two sexes in terms of monthly spending –...
Read moreThe Gourmet Festival opens with star chefs and top restaurants
The Gourmet Festival was opened on Thursday with the most comprehensive selection ever; This year, more than 200 different dishes and more drinks await the guests at the Gourmet Festival...
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The two major rural airports plan to deliver freight regularly
Freight traffic is significantly increasing at the Budapest Airport. Meanwhile, the two major airport operators are also working on the launch of regular freight services – Magyar Nemzet Online, wrote...
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No change in sales concentration
COOKING OIL sales exceeded HUF 30 billion in the February 2016-January 2017 period. Value sales grew by 6 percent but volume sales dropped 2 percent. There was no change in...
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Henkel is giving the new president for Hungarian Brand Association
‘It belongs to the core values of Henkel that the company would like to continue to have a leading position in sustainability. As part of that, we are looking for...
Read moreThe Hungarian retail trade grew by 3.4 percent in the first quarter of 2017
In the first quarter of 2017, the turnover of Hungarian retail trade grew by 3.4 percent, compared to the same period of the previous year on the food and chemical...
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In the autumn the milk may become more expensive
Price increase is expected within the dairy finished products in the fall due to the increase in buying prices – agrarszektor.hu wrote. The producers are in a difficult period too,...
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Pork exports increased
Although the domestic pork exports rose sharply at the beginning of the year and imports only grew modestly, the competition continued to be sharp on the market between domestic and...
Read moreAnalysts raise their growth projections
Market analysts welcomed the 4.1 percent GDP growth rate of the first quarter and after the detailed data will be published they may adjust their forecasts upward for this year...
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The convergence of the Central-European wages has stopped
A Hungarian researcher of the European Trade Union Confederation has highlighted a sad data on the Central European wage situation – hvg.hu wrote. Galgóczi Béla’s study shows that while productivity...
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Three alcohol-free cocktails, which gives you wiiings for the summer
Red Bull has a new grapefruit summer taste Festivals, pool parties, friendly gatherings, garden parties, post-work relaxation – you have the perfect alcohol-free companion for the best moments of this...
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Excellent Hungarian products at the SIAL CHINA trade fair again
China’s largest international food trade show was opened with a huge range of premium-quality Hungarian products in Shanghai. The event is specialized on high quality consumer products. Last year showcased...
Read moreWe spend about 50 billion HUF a month on tobacco products
The Hungarian population is spending nearly 50 billion HUF on tobacco products per month – the data provided by the National Tobacco Trade (ND) Nonprofit Zrt. told Világgazdaság. Between January...
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The rate of GDP growth in the EU and the euro area barely changed
The euro area economy grew as it was expected, while the European Union’s economy expanded somewhat more than in the first quarter of this year – according to a second...
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PwC’s CEO Survey: the Hungarian results
PwC Hungary – in partnership with the Hungarian Association of Employers and Industrialists (MGYOSZ) – asked the opinion of Hungarian CEOs for the sixth time about domestic and international trends,...
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