News and articles

Paying the bill to a robot

As part of a pilot project by Pizza Hut Asia, a robot called Pepper – developed by Softbank Robotics – welcomes guests in restaurants and takes the order. It is...

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GfK: the weight of the markets decreased in the procurement of daily consumer goods

The ratio of the markets, including the weight of the farmers' markets decreased in daily consumer goods purchases. The share of visitors from the 72 percent measured in 2010, decreased...

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Hungarian cabbage farmers face a difficult year

Hungarian cabbage farmers are facing a difficult year in 2016: this year a series of diseases decimated the crops, the market price is lower than before, while its hard to...

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dm: hilarious store opening on the Krisztina Boulevard

The dm opened its new store on the Krisztina boulevard, Budapest in the first week of October. A huge interest surrounded the opening of the new store. The store opening...

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Depressed purchase prices at the wine-growing regions

The growers are complaining about low purchase prices this year. Grape growers interviewed by MTI told that prices have not increased since last year, despite the high quality of the...

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Pénzügykutató: Economic growth may accelerate next year

In its latest forecast presented on Monday, the Pénzügykutató Zrt. forecasts a 2.2 percent GDP growth for this year and a 3.0 percent growth for next year, after last year's...

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Changes at the largest Hungarian retail-IT company

The owner and managing director of the largest domestic-owned retail IT company announced structural changes. Bessenyei István told that in order to further improve the efficiency of the company he...

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Csabai Sausage Festival for the twentieth time

The twentieth Csabai Sausage Festival will be held between 28 and 31 October. This year’s Csabai Sausage Festival will be a little bigger than usual – Hégely Sándor festival director...

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German exports increased significantly

In August, German exports increased by nearly ten percent in an annual comparison, while compared to the previous month by 5.4 percent, the highest extent of the past six years....

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British Retail Consortium: The “Hard Brexit” may cause substantial customs charges

According to the British Retail Consortium (BRC), the “hard Brexit” may cause substantial customs charges, thus making imports more expensive. The “Hard Brexit” means that Britain would not only leave...

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Where is the limit? Healthy bargain and cartelling

Every business’ interest to find the boundary between collegial conversation, healthy bargain and cartelling. One of the most common forms of cartelling include price fixing and the exchange of information...

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No change in the weight of various store types

In the February 2015-January 2016 period coffee sales valued at HUF 54 billion. Value sales were up 3 percent but volume sales dropped 1 percent. 200m² and smaller shops’ share...

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SPAR invests 1.6 billion in store modernisation

SPAR is spending HUF 1.6 billion on revamping seven stores – in Csorna, Bonyhád, Kaposvár, Szolnok and three in Budapest. Head of communications Márk Maczelka told that thanks to the...

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Award winning Hungarian wines at Tesco’s Central European wine festival

For its September wine festival, Tesco Hungary exported 20,000 bottles of wines, which had earned the ‘Best Buy’ recognition at the Hungarian Wine Fair, to stores in the Czech Republic,...

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Szentkirályi Talent Programme winners announced

Szentkirályi Talent Programme was launched in May and supports the preparation of 14-18 year old athletes from a HUF 5-million budget. The following athletes will benefit from the grant: Alida...

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Nielsen’s category management workshop aims to provide better services to the customers

If the customers see that the product range in a store is adjusted to their needs, then the place is appreciated by them. Nielsen’s category management workshop,which will be held...

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Fazekas Sándor: two-thirds of the area is complete grape harvest

Grape harvest has been completed about two-thirds of the fields – the Minister of Agriculture said on Saturday in Rátka, Borsod-Abaúj-Zemplén county. During a visit to the Angyal Borászat és...

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The day of Internet shopping was organized again

The day of Internet shopping will be organized for the sixth time in Hungary. During Friday's one-day e-commerce action hundreds of shops will offer special discounts – the organizer, the...

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The Penny Market opened its 207th store

The Penny Market opened its 207th store in the 3rd district in the corner of the Szentendrei Road and Pünkösdfürdő street. The Germany-based Penny Market is expanding towards the center...

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NGM: A hundred billion HUF worth food support program to be sent to social debate

The NGM on Friday sent the Support of Food-Industrial Complex Investments with combined loan products call for proposal to social debate. The total of 100 billion forints – 50 billion...

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Two companies from Szatmár County will launch a fruit research project

Two companies from Szatmár County will launch a fruit research project from European Union funds. The Jánkmajtis-based Agricolae Kft. dealing with fruit processing and trade and the Fehérgyarmat-based Jonaco Kft....

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KSH: foreign trade turnover in August increased significantly

In August, the value of exports increased by 12.5 percent in euros, while imports increased by 10.8 percent, compared to last year, after the 5.4 and 6.4 percent decline of...

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Nespresso is present in Hungary for ten years

The first Nespresso Boutique in Hungary, opened its doors ten years ago, in 2006 on the Andrassy Avenue in Budapest. The business area of the store was less than half...

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The sconery of the Tihany Market won the special prize of the Vénusz Scone Vote for the third time

The Vénusz Lángos Voks (Vénusz Scone Vote) was announced for the fifth time. The sconery of the Tihany Market won the Vénusz’s Favourite Sconery near the Lake Balaton special award...

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NÉBIH: Due to misleading labeling organic rice milk chocolate was withdrawn from the market

Due to misleading labeling organic rice milk chocolate was withdrawn from circulation. The consumption of the chocolate with milk-free and vegan inscription is dangerous for people with milk and protein...

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Global wheat and rice harvests poised to set new record

Global food markets will likely remain “generally well balanced” in the year ahead, as prices for most internationally-traded agricultural commodities are relatively low and stable, FAO said today. The benign...

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Masterpass use spreading rapidly

More than 200 million consumers in 18 European countries have access to the Masterpass payment service – announced Mastercard, relying on data from the end of June 2016. Masterpass stores...

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A four-star hotel was handed over in Hollókő

A four-star hotel was handed over on Friday in Hollókő in the World Heritage village. At the opening ceremony of the Castellum Hotel – built with an investment of over...

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Budapest Wholesale Market is 25 years old

Budapest Wholesale Market, Hungary’s biggest fruit and vegetable wholesaler, opened its gates in the summer of 1991. CEO Zoltán Házi told that in the last 25 years the market’s infrastructure...

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Higher sales revenue for companies in Central Europe in 2015

Last year Central Europe remained an important target for foreign investors – revealed the Deloitte Central Europe TOP 500 survey. This time 67 Hungarian companies made it to the top...

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