News and articles
Euro Zone’s PMI decreased in July
Business activity in the 19-member euro zone eased in July, suggesting the recovery lost momentum at the start of the second half of the year, a survey released on Friday...
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Mobile payment on Android too
Google has announced the launch of its own mobile payment system. Android Pay can be used when buying online or in a physical store. Visa, MasterCard, American Express or Discover...
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Giving consumers real experiences
Róbert Pintér, a trend researcher with eNet told at a business forum organised by Samsung that the relationship between brands and consumers keeps evolving. In his view the most important...
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Confusion about the VAT payment date rules
It is not the payment deadline as contained in 58. § (1) of the VAT Act but the last day of the settlement or payment period that shall apply for...
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Client-side encryption
Tresorit Kft. specialises in secure cloud storage with client-side encryption. Company founder and managing director István Lám told us: the problem with server-side encryption is that users lose control of...
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Magazine: Hair care products enhanced with oils and oxygen
Global beauty care trends influence the hare care category too. Debóra Blaumann, Unilever’s junior brand manager informed our magazine that a premiumisation process is taking place: brands formerly targeting masses...
Read moreKSH: retail sales rose by 4.4 percent in May
The volume of retail sales in May 2015 increased by 4.4 percent, according to the raw data, while calendar effect adjusted the growth was 5.4 percent, compared to the same...
Read moreThe deferred purchases have increased retail sales
The deferred purchases of recent years increased retail sales -according to analysts polled by MTI, who responded to the data of the Central Statistical Office (KSH) that was published on...
Read moreNébih: Hungary’s food security level remains good
The level of food safety in Hungary continues to be good, because less than 0.9 percent of the notifications in the EU’s rapid alert system were related to products produced...
Read moreWheat harvest is expected to be completed in the country by the end of the week
The wheat harvest is expected to be completed by the end of the week in Hungary, because the weather was favorable during the time of the harvest – the president...
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Melon growers are complaining about too low purchase prices
The melon growers of Medgyesegyházam, Békés County are talking about tragically low purchase prices. Many of them told that they are thinking about the termination of their activities for the...
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The Sole-Mizo Zrt. improved the production of cottage cheese
Within a 1.8 billion HUF project, partly supported by the EU, the Sole-Mizo Zrt. improved the production of cottage cheese and whey drinks. Herczeg István Central European COO of the...
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Tokaj Trading House: the walls of the new bottling plant are completed
The capacity of the refrigerated containers – which is essential in quality wine production – is significantly increased in one year at the Tokaj Trading House Ltd. In the bottling...
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The fruit and vegetable producer organizations will receive additional national support
Additional national support will be given to the fruit and vegetable producer organizations – the Ministry of Agriculture (FM) told MTI on Thursday. According to the notice, the committee approved...
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DreherFeszt – Brewery Festival again
The DreherFeszt will be the closing event of the summer season again, and offers everything that is essential to a real festival feeling: good beer, great music and exciting scene....
Read moreThe 20th Hungarian Wine Route Rally will start with on 28 August
Already more than 90 pairs have entered to the 20th Hungarian Wines Way Rally, which will take place between 28 and 30 August. Megay Róbert Péter, co-chairman of the organizing...
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Hungary’s first Rossmann Exclusive drugstore has been opened
The Rossmann drugstore in the Buda Entertainment & Gastro shopping center (3rd district) is waiting for its customers again, but now with an offer that is unique in the country....
Read moreShocking images on the cigarette packs in Slovakia
From the next year, Slovakia also introduces the shocking images on the cigarette packagings – the Slovak TASR news agency wrote on Wednesday, referring to the information provided by the...
Read moreBioenergy has great potential
K&H and Agrár Európa Kft.’s Agriculture Club invited Heinz Kopetz, president of the World Bioenergy Association to talk about Hungary’s great bioenergy potential by comparing our situation to other countries’....
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Wholesale markets met in Budapest
Between 27 and 29 May the meeting of the World Union of Wholesale Markets (WUMM) was held in Budapest. There were more than 200 participants at the conference, who represented...
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About WUWM
The World Union of Wholesale Markets (WUWM) was established in Germany in 1958 and its objectives include sharing experiences and emphasising the role marketplaces play in the retail trade system...
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Consumer confidence index above the European average
In Austria the consumer confidence index (CCI) is 82 points, which is a higher score then the European average of 77 points. 53 percent of Austrians think positively of their...
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Successful municipality-owned meat plant in Gyula
After the former financial troubles the now 100-percent municipality-owned Gyulahús Kft. is stable and generates profit. In December 2012 the municipality got HUF 1.8 billion from the government to save...
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Auchan: free wireless internet access, even while shopping
The 19 Auchan stores in Hungary expand their services with free wireless internet access. With the step, the department store chain responds to customer needs: the customers can remain connected...
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The Tokaj Trading House has increased its grape buying prices
This year, the state-owned Tokaj Trading House Ltd., pays more for grapes to the farmers. Major technological developments began at the company, and the unique soil site and plantation mensuration...
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SMEs have not expected such a profit for a long time
The domestic SME sales and profit expectations grew with a huge pace, has not seen for a long time. A price income of 5.7 percent and a revenue growth of...
Read moreMost people plan to buy mobile, cleaning machines and TV-sets
Most of the Hungarians (23 percent) plan to buy a mobile phone in the next three months, 14 percent of them some kind of cleaning equipments, 13 percent of them...
Read moreThe number of the newly established corporations declined singnificantly
The number of newly established corporations reduced dramatically in the first half of this year. 12,500 such companies were created, which is a 22 percent decrease, compared to the same...
Read moreTörökszentmiklósi Mezőgazdasági Zrt.: the authority found GMO-contaminated seeds in one case
The Törökszentmiklósi Mezőgazdasági Zrt. told MTI that the authority found GMO-contaminated seeds in one case among the 11 maize items, during the checks cdarried out in February. As advised, the...
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Four hundred million HUF development at the Alpha-Vet Kft.
The Alpha-Vet Kft. retail and wholesale company dealing mainly with the development, manufacturing and distribution of animal medicines, and the distribution of pet food and equipments expands its capacity and...
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