News and articles
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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The Garden Toothbrush
African eggplant lives up to its name: as it grows it bears white, oval-shaped fruits that look just like eggs before they ripen and turn green. It is one of...
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Optimistic German consumers
In 2016 the German economy’s growth rate was 1.9 percent. As for grocery retail, in the last quarter of 2016 values sales were only 0.3 percentage points higher than in...
Read moreKSH: GDP grew by 4.1 percent in the first quarter
The Gross Domestic Product (GDP) grew by 4.1 percent in the first quarter, compared to the same period of last year – according to the first estimate of the Central...
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The rate of advertising tax will be 7.5 percent from July
The Parliament amended the law on advertising tax on Tuesday, according to which 7.5 percent will be the rate of the advertising tax in the second half of the year....
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Smaller sweets to come
Many major international companies, including Mars, Nestlé and Wrigley, are planning to sell their products in smaller quantities. The innovation designed for 2022 is explained by taking care of the...
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It is possible to estimate the loss of fruits only a couple of weeks later, according to FruitVeB
The damage caused by the frost and the bad weather can be estimated only a couple of weeks later – according to the Hungarian Vegetable and Fruit Interprofessional Organization and...
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Environmentally conscious glass waste collection in the SPAR stores
In order to protect our environment, the SPAR Magyarország is already providing the collection of package waste glass in all SPAR and INTERSPAR stores. According to the cooperation between the...
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Do not wait – you can apply for OMÉK for 15 days!
Hungary’s largest agricultural demonstration the National Agricultural and Food Industry Exhibition and Fair (OMÉK) will be organized between 20-24 September 2017. at the HUNGEXPO and the Kincsem Park. Nearly two...
Read moreThe winemakers of the Uplands in the Pest Vigadó
More than a hundred wines of fifteen wineries from the Uplands and four wineries from Hungary await the audience for a tasting on Friday to the Pest Vigadó. On Friday...
Read moreAlmost one hundred kinds of draft beers can be tasted at the Csabai Beer Festival
Almost a hundred kinds of draft beer can be tasted at the Csabai Beer Festival, which will take place between 2 and 4 June in the Békéscsaba. Bora Imre, the...
Read moreFeketelista.hu: the third of the abolishing companies disappear with forced evictions
In the past four years, more than a third of the 253,378 companies have been abolished, 91,615 companies with forced evictions in business life – the feketelista.hu report on Tuesday....
Read moreThe sowing has ended in Békés county
Sowing works were completed on more than 220 thousand hectares in Békés County. Based on the current expectations, a strong-medium yield is expected – the president of the Békés County...
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The euro zone trade surplus has reached a record
The euro zone trade surplus reached a record in March, according to the first estimate of the European Union’s statistical office. Eurostat’s report was published on Tuesday. In the third...
Read moreSoproni Óvatos Duhaj is now available
In March Hungary’s most popular beer brand Soproni launched a new, unfiltered ale that is brewed with top-fermenting yeast. The new beer is called Soproni Óvatos Duhaj IPA, it is...
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Strong performance from grill sausages
Between January and December 2016 grill sausage value sales rose 19 percent and volume sales surged by 18 percent. The size of the market exceeded HUF 2.3 billion in value...
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VAT reduction would be favorable for the bakery industry
It would be beneficial for the bakery industry if the Value Added Tax (VAT) on bakery products would be reduced, according to the proposal of the National Chamber of Agriculture...
Read moreAnalysts: the rate of price increase is decreasing, but core inflation is increasing
The 2.2 percent inflation rate in April is much lower than the 2.7 percent measured in March and slightly lower than the market expectations – analysts told MTI. According to...
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