News and articles
A Hungarian franchise conquering foreign markets
Duna House group is one of Hungary’s biggest real estate franchises that also offers related financial services. In April 2016 we bought 100 percent of Polish real estate agency Metrohouse...
Read more
Invitel goes greener
In the spirit of sustainability, in the second half of 2016 Invitel Group started the full replacement of its 400-vehicle fleet. All of the new vehicles purchased meet the strictest...
Read more
Consumer protection authorities focus on e-commerce
Ákos Kara, secretary of state responsible for consumer protection and infocommunication at the Ministry for National Development, told that this year the authorities are focusing on the dynamically growing online...
Read more
Good positions for manufacturer brands
Combined sales of mayonnaise, ketchup and mustard exceeded HUF 19 billion between December 2015 and November 2016. Value sales were 4 percent higher than in the base period. MAYONNAISE: retail...
Read more
Magazine: With data analytics against counterfeiting
Chinese market leader e-commerce company Alibaba uses data analysis to fight counterfeit products. In early January the Alibaba Group announced that the so-called Big Data Anti-Counterfeiting Alliance already has 20...
Read more
The Product of the Year awards were handed over
The Product of the Year awards were handed over for the sixth time on Monday. The Hungarian consumers evaluated the products in 21 categories – the Product of the Year...
Read moreAnalysts: this year’s economic growth will generate consumption
This year started well in retail according to analysts interviewed by MTI, who believe that GDP growth this year will be mainly generated by increasing household consumption. The Central Statistical...
Read moreNGM: retail sales increasing for 43 months
The growth in retail sales continues in Hungary. The growth in consumption lasts for 43 months – Marczinkó Zoltán, Deputy Minister of State of the Ministry of National Economy (NGM)...
Read moreGKI: economic growth can be around 3 percent this year
This year the GDP growth can be about 3 percent or slightly higher in Hungary – GKI Economic Research Co. told in its latest forecasts. In their communication sent to...
Read more
FM: the horticultural sector should be developed
The fruit and vegetable production should be developed and the proportion of producer organizations should be increased in the horticultural sector to 40 percent – Nagy István, Minister of State...
Read more
250 kilograms of Kőröstej cheese was consumed at the world’s largest food exhibition
During the five days of the Gulfood exhibition, about 250 kilograms of cheese was consumed by the visitors at the booth of the Kőröstej Group in Dubai. Between 26 February...
Read moreThe majority of the SMEs spend less than one percent of the turnover on information technology equipment
The Hungarian small and medium-sized companies consider Internet use important: 84 percent of them have their own website, operated by professionals, but most of them spend less than one percent...
Read moreFM: grants and favorable credits also help the farmers
Nearly 400 billion HUF European Union and about 100 billion HUF national support will flow into the Hungarian agriculture this year, contributing to farmers’ income stabilization – Czerván György Minister...
Read more
(HU) GKI: Tavaly több mint 60%-kal estek a költségvetési szektor beruházásai
Sorry, this entry is only available in HU....
Read more
The draft of the revised climate change strategy is complete
The draft of the second national climate change strategy for the 2017-2030 period providing outlook up to 2050 is ready. According to the document published on the government’s website by...
Read moreCoordinated wine marketing: Cooperation between the state and the profession
The National Council of Wine Communities (HNT) signed a cooperation agreement with the Hungarian Tourism Agency (MTÜ) in order to ensure the coordinated and effective supply of community wine marketing...
Read more
Nearly 1300 participants at this year’s Evolution Conference
As in previous years, the first professional conference of the year, the Evolution conference was completed successfully. Nearly 1,300 guests attended at the two-day event, who could hear the presentations...
Read more
January retail sales in the eurozone
Eurozone’s retail sales increased by 1.2 percent year-on-year in January 2017, following an upwardly revised 1.2 percent growth in December and missing market expectations of an 1.6 percent gain. Retail...
Read more
Logistics to miss out on digitalisation?
Logistics experts are worried that the sector will fall behind as the process of digitalisation is speeding up – revealed the Continental Mobility Study 2016. 9 percent of experts were...
Read more
New CEO for Dell EMC
Tivadar Dienes-Oehm was appointed CEO of Dell EMC Hungary, as of 1 February 2017. Mr Dienes-Oehm becomes the head of the Hungarian affiliate of the world’s biggest privately owned IT...
Read more
A big gun enters the Hungarian market
n November 2016 Spain-based Natur House, one of the most dynamically growing European franchise networks entered the Hungarian market. In Hungary NaturDiet Zrt. represents the healthy and weight loss diet...
Read more
Magazine: Rapid beauty solutions are popular
Last year sales in the hair care category increased by 6.9 percent in value. The premium and natural hair care product segments were growing especially fast. According to Bianka Perge,...
Read more
The number of employees broke a record in the EU and in the euro area again
In July-September, the number of employees in the European Union and the euro area has risen to a new record for the third consecutive quarter, indicating that the labor market...
Read more
Coca-Cola Hungary starts dual trade education programmes at four universities
On 20 January 2017 Coca-Cola Hungary signed an agreement with four Hungarian universities to start dual trade education programmes. Thanks to the new type of cooperation the soft drink company...
Read moreJanuárban 4,7 százalékkal nőtt az üzletek forgalma
Januárban a kiskereskedelmi üzletek forgalmának volumene a nyers adat szerint 4,7, naptárhatástól megtisztítva 3,7 százalékkal nőtt az előző év azonos időszakához képest – jelentette pénteken első becslése alapján a Központi...
Read more
FruitVeB: the fruit and vegetable sector is less affected by the frost damage
The frost damage affected the fruit and vegetable sector less – Ledó Ferenc Chairman of theFruitVeB Hungarian Fruit and Vegetable Interprofessional Organisation and Product Board told M1 news channel on...
Read more
KSH: last year’s export surplus reached almost 10 billion euros
In December, exports were 7.6 percent, while imports were 9.3 percent higher than a year before, the monthly export surplus was 579 million euros, 58 million less than a year...
Read more
A more modern and innovative logo for ALDI
The ALDI logo was renewed. The design change not only affects the an iconic Hungarian emblem, but also each of the nine countries belonging to the ALDI SÜD group of...
Read more
The Italiagro Kft. recruits farmers to breed dairy buffaloes
The Mezőtúr-based Italiagro Kft. recruits farmers to breed dairy buffaloes with whom the company would sign a long-term partnership agreement. Takács Zoltán, advisor to the company told MTI that they...
Read moreEighteen wineries from Villány will present their premium wines in Budapest
Eighteen renowned winemakers from Villány – including the wineries of Gere Attila, Bock József and Tiffán Ede and Zsolt will present their premium wines between 17 and 19 March in...
Read more