News and articles

Magazine: The aspects of health and wellness prevail in our diet

In Hungary, the majority of people consider themselves as overweight in some degree. Four in ten are on a slimming diet as well. Most of them are carrying out a...

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The spritzer is at risk

The excise duties on products containing grape wine and carbonated unflavoured waters decreased to zero in January, thus the way is opening for the manufacture and sale of bottled spritzers....

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“HUNGARIAN PRODUCT” Nonprofit Ltd.: professional event in the spirit of innovation

One of the main motto of the next EU budget period is innovation. The “HUNGARIAN PRODUCT Nonprofit Ltd.” held its first professional event in 2015 in the spirit of innovation....

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KSH: the fuels and manufactured goods pulled the retail trade in December

The retail sales continued to recover in December last year. The turnover was 5.6 percent higher than the calendar adjusted data of a year after the previous month's 5.1 percent...

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Analysts: the growth can be persistent in retail

According to analysts interviewed by MTI on Wednesday, the growth can be persistent in retail trade. Török Bálint, analyst of the Buda-Cash Brókerház Zrt. (Buda-Cash Brokerage House Ltd.) told MTI...

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The Hungarian Advertising Association urges a dialogue in the case of advertising tax

The Hungarian Advertising Association (MRSZ) calls the government for dialogue because of the changes in the tax on advertising. Lázár János, Minister leading the Prime Minister’s Office told MTI on...

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Thr retail sales increased in the EU in December

Last December, retail sales rose by 0.3 percent in the European Union (EU) and in the euro zone, compared to the previous month – the EU's statistical office, the Eurostat...

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Unique export successes in South Korea

The Hungarian companies achived unique export successes in South Korea – Magyar Levente Minister of State of the Foreign Trade and Foreign Affairs (KKM) announced on Wednesday in Budapest. Magyar...

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The Master Good Group increased its sales last year

The Kisvárda-based Master Good Group increased its net revenue last year by about twenty percent to almost 43 billion HUF – Bárány László, the owner of the poultry breeding, slaughtering...

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The Nánási merchandise received an EU award

The campaign facilitating to create the Nánási merchandise, first local trademark received the second prize of the EU's Common Agricultural Policy (CAP) communication award in Brussels. Szolláth Tibor (Fidesz) Mayor...

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Red Bull Pilvaker is here again

“Can you see this dance? Do yo hear the music? “- the Red Bull Pilvaker will be organized again on 15 March, where today's well-known rappers, musicians and actors will...

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The Hungarian beef will be exported to Hong Kong soon

The Hungarian beef can be exported to Hong Kong soon, after the local food safety authority has accepted teh necessary animal health guarantees – the Ministry of Agriculture (FM) told...

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The “Exporter of the Year 2014” awards were handed over

The Hungarian National Trading House organized the awards ceremony called the “Exporter of the Year 2014” on Wednesday afternoon. At the “Exporter of the Year 2014” competition the best performing...

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The best Furmint of 2013 was born in Nagy Eged

According to the communication of the Kovács Nimród Borászat (Kovács Nimród Winery), it is now two years since our 2011 vintage Nagy Eged Furmint won a Gold Medal and a...

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Magazine: Matchmaking at the highest level… because not only business success matters!

Managers often struggle with finding their partner in life: they are busy and don’t have time for themselves. Irina Beke is the owner of dating agency First Class and she...

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Amway reports sales of $10.8 billion for 2014

Amway today announced sales of $10.8 billion for the year ending Dec. 31, 2014. The result represents a decline of eight percent from 2013, due to lower revenues in China...

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Bridgehead in North Africa

The European Union has been working on closer cooperation with the countries in the Mediterranean, especially in North Africa for quite a while. So far diplomatic and economic opening worked...

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Kotányi uses locally produced ingredients wherever possible

Fűszermalom Kft.’s initiative was successful and seasoning pepper production restarted in the Mórahalom region. In 2014 about 50 tons of excellent quality seasoning paprika was prepared from locally grown pepper....

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Hungary’s GDP growth may go above three percent

Ernst & Young’s quarterly Eurozone Forecast reveals that this year Hungary’s economy may grow by 3.3 percent – this would be the best performance since 2006. Ernst & Young CEO...

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MVH answers SMS messages too

From HUF 400 million the Agricultural and Rural Development Agency (MVH) improved its customer service system within the framework of the New Széchenyi Plan. The new system means that MVH...

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Tradition is a trend

In Hungary the average basket value in a bakery is between HUF 250 and 380. One bakery generally needs to serve 1,000-1,300 customers to sustain itself. Obviously bigger bakeries located...

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Magazine: Looks and content both matter when it comes to buying dessert

After last year’s sudden halt the praline market revitalised in 2014 – we learned from Andrea Révfalvi, marketing manager of Bonbonetti Choco Kft. She told that the main driving force...

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A new development brings relief to the users of EKÁER

Many businesses are unprepared for the introduction of the EKÁER. The owners sent the data sheets with many mistakes. The ProgAdat Kft. (belonging to the Laurel Group) dealing with commercial...

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Lázár suggests the reduction of the advertising tax

Lázár János Minister of the Prime Minister’s Office proposes advertising tax reduction and to introduce a flat rate system, instead of the current progressive tax tax system on advertising. Lázár...

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The BMI index increased in January

The value of the purchasing manager index increased by 3.3 percentage points to 54.2 points in January, compared to the previous month's 50.9 points – the Hungarian Logistics, Purchasing and...

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KSH: 843 million euros export surplus

Last November, the exports increased by 3.1 percent in euros, compared with a year earlier, while the imports rose by 2.1 percent. The monthly merchandise trade surplus was 843 million...

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An agreement between Tesco and the trade union

The Commercial Employees' Trade Union (KASZ) representing thousands of Tesco employess reached an agreement with the leaders of Tesco. Tesco was able to find new jobs to 350 people, which...

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The Hungarian seed is a competitive economic value

Hungary is the sixth largest seed exporter in the world behind France, the Netherlands, the United States, Germany and Chile. This year, 35 percent of the quantity of the seed...

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Bisnode: the number of firms decreased last year

The number of active companies between January 2014 and January 2015 decreased by 2.55 percent to 543,692 firms in Hungary – the Bisnode international company rating firm told MTI on...

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145.5 million euros support for plantation renewal

In the new EU grant cycle 145.5 million euros support will be available for plantation renewal in Hungary – Feldman Zsolt Deputy Minister of State, resposnible for agri-management said on...

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