News and articles

Increased market share for drugstores

Last year almost HUF 38 billion worth of laundry detergents were sold by Hungarian shops. Value sales grew 4 percent but volume sales reduced by 2 percent. Laundry detergent is...

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PARTY PACK version of Hajdú grill cheese

One of Kőröstej’s summer hits can be the PARTY PACK version of Hajdú grill cheese, which will be available in two versions. Those who like to spice their own cheese...

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Meggle Confectioners Whipped Foam

Meggle Confectioners Whipped Foam makes creams and pastry fillings really light. What is more, it is easy to whip and it stays stiff for a long time. Thanks to these...

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Magazine: Beef producers get special attention

According to the Ministry of Agriculture, 12 percent more cows were slaughtered last year than in 2014. Between 2010 and 2015 Hungary’s cattle stock expanded by 20 percent (139,000 cows)....

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(HU) Selyemút az üzleti sikerekhez Interjú Tóth Sándorral a China Smart Expo marketing igazgatójával

http://www.chinasmartexpo.com/registration.php...

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FM: the Hungarian milk is competitive

The Hungarian milk is competitive, the problems are due to the oversupply in the world market, not only in Hungary but also in several countries – the Ministry of Agriculture...

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KSH: falling consumer prices stagnating food prices

In May, consumer prices were on average 0.2 percent lower than a year before, while compared to April rose by an average of 0.3 percent – the Central Statistical Office...

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Export surplus continued to increase in April

The euro-denominated value of exports increased by 5.1 percent, while imports fell 1.9 percent in April, compared with a year before, the trade surplus increased by 527 million euros to...

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The Online Dealer of the Year 2016 awards were handed over

The Online Dealer of the Year 2016 awards were handed over. At the competition held for the tenth time, winners were announced in small and medium-sized businesses and in the...

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Auchan increased its turnover and profits in Hungary last year

The Auchan Magyarország Kft. increased its turnover and profits. The supermarket chain reached a gross turnover of 337.6 billion HUF in the fiscal year lasted until the end of March...

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The Agricultural Marketing Centre Nonprofit Kft. was established

The tasks of the collective marketing activities will be performed by the newly established Agrármarketing Centrum Nonprofit Kft. (Agricultural Marketing Centre Office) from 15 June instead of the Hungarian Tourism...

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Customer designed opening hours in Tesco stores

Since Sunday's re-opening, Tesco continuously tracks customer feedbacks and changes the opening hours of its stores taking the the needs of the customers into account. From 5 June, 7 hypermarkets...

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MNB: the popularity of the growth loan program justified the increase in allocations

The product of the growth loan program (NHP) has become very popular among the small and medium-sized enterprises (SMEs), as well as among the banks. Therefore the National Bank of...

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Dr. Szabó Balázs is the Corporate Relations Director at the Szentkirályi-Kékkúti Kft.

From 1 May, Dr. Szabó Balázs was appointed to the Corporate Relations Director of the Szentkirályi-Kékkúti Kft. The expert who fills in the newly created positions is working at Kékkúti...

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Amway achieved 5 billion HUF revenue last year in Hungary

Amway has increased its revenues in Hungary to nearly 5 billion HUF last year, from the 4.1 billion HUF of the previous year – the company told MTI. Amway offers...

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World Bank lowers its growth forecasts

The World Bank downgraded its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January. The move is due to sluggish growth in advanced economies,...

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Hungarian companies will set up the food industry’s system in Laos

Sixty Hungarian small and medium-sized enterprises will “set up the food industryial and food security system of Laos” within the framework of 10 billion HUF investment program – Szijjártó Péter...

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Hungarian shop assistants were smiling less last year

In 2015 Hungarian shop assistants were smiling a bit less – a 77 percent ratio was measured – that in the previous year (81 percent), but they welcomed customers in...

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KSH: trade and catering increased the GDP in the first quarter

The volume of gross domestic product in the first quarter was 0.9 percent higher than in the previous year. The market services increased slightly, while the industry slightly reduced and...

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The VAT reduction on poultry and milk are accepted

The National Assembly approved the government's proposed tax package for next year on Tuesday. According to the tax package, the Value Added Tax (VAT) on poultry meat, eggs, fresh milk...

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Domestic tomato production area increased sevenfold

The domestic industrial tomato growing area increased almost sevenfold in recent years – magyaridok.hu wrote. In the early 2010s the sector was at the edge of extinction. Now tomato has...

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Hungarians purchased online in a value of more than 300 billion HUF last year

Last year, net sales in online retail totaled at 319 billion HUF, 17 percent more than in the previous year, reaching 4.1 percent of total retail sales in Hungary –...

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Tesco: customers can taste fruits and vegetables in 111 stores

From June the customers of Tesco can taste fruits and vegetables in 111 stores even before buying them. In the first two weeks of the program the customers can test...

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SME sector’s business confidence improved in the first quarter

The business confidence in the small and medium-sized enterprise sector continued to improve in the first quarter, compared to the previous quarter – the Economic and Enterprise Research Institute (GVI)...

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The excise duties on fuels and tobacco products will increase

The MPs adopted Varga Mihály, Minister of National Economy’s proposal with 124 votes in favor, 37 against and 29 abstentions. Under the proposal adopted, excise duties on fuels will increase...

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The Mirelite Vadas sauce was renewed within EU product development

The five-year long NU-AGE project – supported by the European Commission – aims to improve the health and quality of life of residents over 65 and to reduce aging factors....

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Another forty billion HUF for agri-environmental program

The framework of the agri-environmental program will be expanded with forty billion HUF. Viticulturists and fruit growers can apply for 15 billion HUF, while animal breeders can apply for 25...

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Illegal distillery was found in Szabolcs

The finance guards found an illegal distillery at one of the settlements in Szabolcs-Szatmár-Bereg County. Magyar Norbert, Press Officer of the Szabolcs-Szatmár-Bereg County National Tax and Customs Authority told MTI...

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NAV auctioneers chocolates

The starting price of 500 chocolates is 50 thousand forints. The products will expire in mid-September. The National Tax and Customs Authority (NAV) regularly advertises different products, real estates, that...

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