News and articles

Office space is eight times cheaper in Budapest than in London's West End

The rental cost of one square meter of an office costs 2,945 USD in London's West End a year, in Budapest you only have to pay 366 USD, the difference...

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Dismissal at eBay, despite profitability

eBay’s revenue and profit also in the last quarter of 2014. Despite the favorable financial data, the company announced that it would lay off 2,400 of its employeees. The company's...

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The sales of luxury goods stopped in China

Geopolitical troubles and anticorruption measures in China are taking their toll on the world’s luxury industry, as sales in the sector will likely fall both in China and Russia this...

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Calcium in the desert

A refreshing novelty among Joya soy products: a 2-portion dessert that combines the soft and harmonious chocolate and vanilla tastes in the form of a delicious light cream, which is...

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Together for babies

On 3 November dm drogerie markt started its latest ‘together for babies’ campaign. The drugstore chain cooperates with the Catholic Charity to help families and children who live in difficult...

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The best tips for mobile marketing

There is no doubt that mobile apps are the future – and of course the systems, which can be used easily and quickly to create marketing content that is accessible...

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We used our bank cards the most on Fridays in December

We loved our bellies during Christmas the most. At least we can draw the conclusions on the basis of the December 2014 traffic datas of Global Payments global market leader...

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Advertising Association: the advertising tax distorts the competition in the market

The advertising tax distorts the competition in the Hungarian media market, it inhibits the growth and innovation, and has a negative impact on the content, quality and quantity of the...

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EKÁER: the MLSZKSZ requires a further two months grace period

The Association of the Hungarian Logistics Service Centers (MLSZKSZ) and the Hungarian Freighting and Logistics Service Providers Association (MSZSZ) summarized the practical experiences of the road freight electronic control system...

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MNKSZ: the calculations of VOSZ are not proper

According to the Hungarian National Trade Association (MNKSZ), the Tuesday statement of the National Association of Entrepreneurs and Employers (VOSZ) is unfounded in connection with the Sunday store closure and...

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The SPAR opened a new partner store in Budapest

The latest unit of SPAR’s franchise network was opened at a frequented location of Újpest. It is the reference store of the partner program as well. As a family-owned company....

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The rate of wage growth slowed in November

The average gross wage growth slowed in November, compared to the same period of the previous year, but in terms of regular gross earnings the trend remained positive, according to...

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Inflation may be lower, due to the persistently low oil prices

If the price of oil remain low in 2015 on the international markets, the annual inflation may be lower than the Ministry of National Economy’s (NGM) forecast of 1.8 percent...

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The majority of the workers of Tesco to be employed further

The Tesco and the Commercial Employees' Union (KASZ) have started discussions, after Tesco announced the closure of its 13 stores. According to the communication of the Commercial Employees' Union (KASZ)...

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The AMC welcomes the Hungarian initiative on GMOs

The Agricultural Marketing Centre (AMC) General Directorate of the Hungarian National Tourist Office welcomes Fazekas Sándor Minister of Agriculture's announcement that Hungary initiated a cooperation for countries that are against...

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The Baumax leaves Hungary

The Baumax leaves Hungary in the second quarter of 2015 – the DIY chain announced on Wednesday. The company said in a statement that the 14 stores in Hungary will...

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Cerbona Cereal bars have been revamped

… and got a fun new packaging, which is attractive to adults and children alike. We make Cerbona cinnamon flake bars with cinnamon and a creamy coating. Cerbona chocolate flake...

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The popular mozzarella product line received a new packaging.

Products continue to represent the excellent quality the lovers of fresh Italian-type cheese are used to. It fits perfectly into any meal of the day. You can eat it in...

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Stable three months for Henkel

Despite the difficult economic conditions Henkel’s performance was stable in the third quarter of 2014. Sales were up 1.2 percent at EUR 4.236 billion (organic growth was 2.3 percent). Adjusted...

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Hungarian Product partners meeting

HUNGARIAN PRODUCT Nonprofit Kft. organised an informal partners meeting on 7 November, where participants were also playing games connected to the theme of the traditional Hungarian pig slaughter. Managing director...

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Nielsen: the buying mood of the Hungarian consumers is still huge

The buying mood of the Hungarian consumers continues to be huge – on the basis of the trends of the recent twelve-months. The retail sales of food products increased by...

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Economists: economic growth should be made sustainable

2014 was a successful year in the Hungarian economy, but it was also due to external factors, and Hungary in terms of innovation, and poverty is lagging behind the European...

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Demján: 200-250 billion HUF will fall out of the budget due to the Sunday store closure

According to the executive Chairman of the National Association of Entrepreneurs and Employers (VOSZ), it is expected that 200-250 billion HUF less revenue will flow into the budget due to...

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3.4 billion HUF was paid out for the school milk program last year

Last year, approximately one billion HUF more support was given to the School Fruit Scheme – the Agricultural and Rural Development Authority (MVH) told MTI on Monday. According to the...

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2,100 billion HUF EU fundings have to be to be drawn down

To close the 2007-2013 EU budget cycle Hungary has to drawn down 2,100 billion HUF EU fundings, without any losses – Rákossy Balázs, Minister of State of the Ministry of...

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Discussions started between the Tesco and the trade union

Tesco and the Commercial Employees' Union (KASZ) representing thousands of Tesco’s empoyees have started discussions due to the announced store closings on Tuesday started the – the trade union told...

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Processed meat products without permission were seized in Zala county

A meat wholesaler company dealt with meat processing without a license in Zala county. At the premises of the company four tonnes of meat products were seized – the Directorate...

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More young farmers will receive starting support

About eight hundred more young farmers will receive start-up fundings from the contest announced this year for the fourth time. The 103-points limit has been reduced to 90 points, because...

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ALDI supports the Hungarian League Against Cancer

This year ALDI Hungary took part in the Go Pink breast cancer awareness raising campaign for the second time. This year ALDI customers donated HUF 600,000 to the good cause...

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A gourmet coffee experience in the new CBA store

In the heart of Budapest an exclusive three-storey CBA Corso Gourmet store opened. They sell special groceries such as area-selected Douwe Egberts coffee varieties: Omnia Reserve whole bean coffees are...

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