News and articles
A significant increase in sales of Swiss watches in the UK
Due to the lower exchange rate of the pound, a significant increase in sales of Swiss watches occured in the United Kingdom. Swiss watch exports to the UK rose by...
Read moreTomato battle with 160 tonnes of vegetables in Spain
Tens of thousands of festival-goers will battle with 160 tonnes of over-ripe tomatoes to celebrate the 71st anniversary of the massive food fight in the small town of Bunol in...
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Youth employment declining again
After three years of improvement youth employment in the world is deteriorating again this year, mainly due to a longer than expected recession that hit the commodity exporting emerging countries,...
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FM: one and a half million hectares of ragweed infected area was detected
According to Monday's data one and a half million hectares of ragweed infected area was detected so far, and the authority had to take action on 1,500 hectares. The amount...
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Seafood from waters near Fukushima was smuggled to China for two years
Customs inspectors in Qingdao have arrested a group of people for smuggling, saying they brought potentially radiation-tainted seafood from Fukushima, Japan into China, state television reported on Monday. As much...
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Growing popularity of employee stock ownership programmes
Deloitte asked 177 large companies in 24 countries about how they motivate employees for the third time. Beáta Horváthné Szabó, director of Deloitte Zrt.’s tax department told that the results...
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Working for a balanced diet for 150 years
Nestlé is celebrating 150 years of their existence and Nestlé Hungary is 25 years old. Apropos this double anniversary, our magazine asked Nestlé Hungary managing director Jean Grunenwald about the...
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Magazine: Crowds of visitors and many exhibitors at Sirha Budapest
Sirha Budapest, held between 9 and 11 May, was a huge success, having attracted more than 20,000 trade visitors and 400 exhibitors from 19 countries to the HUNGEXPO Budapest Fair...
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Industrial apple processing started in Szabolcs
Industrial apple processing started with a low purchase price in the Szabolcs-Szatmár-Bereg county juice factories, but for eating apples even 40 percent more is paid by purchasers, compared to last...
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Nielsen: one in three TV users also watch programs on Internet
Every third Hungarian television consumer over age four watches programs on Internet as well, while domestic television contents 16 percent. Hungary's most popular programs on the net are sports (35...
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Budapest Airport builds a new logistics center for DHL
The Budapest Airport, operator of the Liszt Ferenc International Airport builds a new, approximately 13 thousand square meter logistics center. The building will be used by DHL Express. The Budapest...
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A great interest occured towards the Hungarian exhibitors at the AGRA international fair in Slovenia
A great interest occured towards the Hungarian exhibitors at the AGRA international agricultural and food exhibition and fair in Slovenia – Nagy István, Parliamentary Minister of State of the Ministry...
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EU's share in Russia foreign trade has decreased
The European Union’s share decreased by more than 2 percentage points from the foreign trade turnover of Russia in the first half of this year, compared to the same period...
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The capital investment fund supports a purchase incentive application
The Széchenyi Tőkebefektetési Alap (SZTA) (Széchenyi Capital Investment Fund) supports a purchase incentive application. The capital investment fund with the 60 million HUF investment primarily finances the development of the...
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Chamber of Agriculture: more than fifty tender writers have registered so far to the consultancy network
Up to date, more than fifty tender writers have registered to the online system of the National Agricultural Chamber (NAK). Süle Katalin, spokeswoman for the of the National Agricultural Chamber...
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Decathlon opens a new store
Decathlon opens a new store in Budapest at the Nyugati Square. This will be the 18th unit of the company in Hungary. The Decathlon is present in 38 countries. in...
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Lectures, consultations and tastings at the Vegetarian Festival
Nutritional counseling, group yoga classes and food tastings await the visitors to the Vegetarian Festival on the last weekend of August, at the Kőrösi Csoma Sándor Kőbányai Cultural Centre. In...
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Illegal meat processing plant was found in Békés County
An illegal meat processing plant was found in Békés county by the inspection group of the National Tax and Customs Office (NAV). The company’s main activity was the wholesale of...
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Euro Zone’s economic performance continued to improve in August
The economic performance in the euro zone has become slightly better-than-expected in August – according to the Purchasing Managers' Index of the Markit Economic Research Institute. The preliminary value of...
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Shoppers like small shops
A survey by Bain & Company found that European consumers like small shops more than super- or hypermarkets. The study involved 30 directors from leading FMCG companies. They reckon hypermarkets’...
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The globalisation of retail trade
A study prepared by the Consumer Goods Forum and Planet Retail claims that retail chains are expanding at a breakneck speed. The 100 biggest chains are present in more countries...
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Producers vs. retail chains
In June the European Parliament adopted Polish MEP Edward Czesak’s report on unfair trading practices in the food supply chain. The main goal of the report is the protection of...
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Magazine: Slowly going greener
The EU waste hierarchy is more and more prevalent in Hungary too, therefore prevention, reuse and recycling are all given more emphasis. According to Anita Simon, director of Biofilter Environmental...
Read moreGKI’s prosperity index returned to this year's low point in August
In August – after a significant rise in July – GKI’s prosperity index decreased significantly (to -3.9 points), thereby returning to this year's low point. According to a survey by...
Read moreWe can run out of pears
Due to the spring frost and the summer ice damages, demand can be larger than supply in case of pears in Hungary. Csizmadia György, Vice President of the Hungarian Fruit...
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A further increase in wages is expected by analysts
A further increase in wages is expected by analysts interviewed by MTI, who foresee that household consumption will be the driving force of economic growth. According to data published on...
Read moreTesco stays in Hungary
Tesco has no plans to close its center in Budaörs. The company stays in Hungary – Népszabadság Online wrote. According to the report of the Budapest Business Journal: “There are...
Read moreThe WTO considers the Russian ban on pork illegal
The world trade organization (WTO) declared illegal the Russian ban on import of live pigs, fresh pork and other pig products from the EU. This was reported on the website...
Read moreAgricultural Chamber: game damage is a growing problem in the country
The game damage is becoming a growing problem in the country. The agricultural game damage (that was paid out) in 2015 amounted to 2.3 billion HUF – the National Agricultural...
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Hungarians working abroad sent less money last year
“Hungarians working abroad sent less money last year than the year before, according to the data of the World Bank” – Világgazdaság wrote. According to preliminary data, the Hungarians working...
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