News and articles

New York has the world's most expensive shopping street

The upper section of New York's Fifth Avenue overtook Hong Kong’s Causeway Bay area, and become the world's most expensive shopping area on the basis of rents – Cushman &...

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Obesity imposes almost as much costs to the world as smoking

Obesity imposes almost as much costs to the world as smoking and armed conflict. It has higher costs than either alcoholism or climate change – a US research revealed, which...

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No offers arrived to the assets of the Kapuvári meat factory

No offers arrived to the assets of the Kapuvári meat factory, until the application deadline ended on of Thursday – Kovács Csaba the Managing Director of the National Reorganization Nonprofit...

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Government subsidises interest rates to help producers’ organisations

The government decided to grant interest rate subsidies to Producers’ Sales Organisations (TÉSZ) via the New Hungary TÉSZ Current Asset Loan Programme. MFB Bank implements the programme, in which TÉSZ...

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A shopping center was opened in Szeged using the technological innovations of the Szintézis ZRt.

The CBA supermarket chain always considered the shopping convenience and satisfaction of customers important. The shop opened in Szeged on 12 November is an excellent example of this, as the...

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The Hungarian Advertising still calls for the elimination of the tax on advertising

The Hungarian Advertising Association (MRSZ) and the associates of the communications industry ask for the elimination of the tax on advertising again and draw attention to the expected adverse effects...

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The Christmas shopping fever has started

While in October only one in ten Hungarians hits the stores for Christmas presents, in November, the third of the population starts to looking for Christmas presents. In Budapset every...

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The tobacco industry’s operators and the tax authorities launched a campaign against the black market

The National Tax and Customs Administration (NAV) as well as the domestic tobacco industry players have launched a nationwide campaign against the black market sales of tobacco – was announced...

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The Hungarian National Trading House has signed a strategic agreement

The Hungarian National Trading House has signed a strategic cooperation agreement with the Customs, Excise and Service Tax Association on Tuesday. The purpose of the agreement is to jointly explore...

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The product range of the zobacco shops may expand

In the future, tobacco shops can sell chewing gums, mints, public transport tickets, and the buyers can upload their mobile phones as well in the tobacco shops – according to...

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The Adecco’s new research will help in job market entry

Adecco’s first global study reveales the most important research results related to job search, digital reputation, manpower search in the era of the social media. Adecco Group, the world's leading...

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Can nice people find jobs easier?

Nine out of ten jobseekers would be satisfied with less imaginary salary, while slightly more than half of the submitted applications contain statements that do not correspond to reality. The...

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An Energy-saving solution for a large part of the bakeries

A world novelty innovative technology is operated in a bakery in Tiszakécske. First in the country a WP Rototherm oven was installed, which can consume 20-30 percent less energy than...

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Debrecen will have its own wine

Debrecen will have an own wine again: the red and white wines that can bear the Wine of the City title will be presented at wine muster that will be...

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Google rented the world's largest billboard

In an era when digital screens large and small proliferate but attention is increasingly scarce, some marketers are making a huge bet that one of the biggest displays in the...

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Only consumption growth can save apple farmers

Hungary’s Interprofessional Organisation for Fruit and Vegetable (FruitVeB) suggested several solutions how to increase apple sales. These could raise the currently 15kg per capita annual apple consumption level by 10kg....

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Winemakers want higher alcohol content

The National Council of Wine Communities would like the European Commission to authorise Hungarian winemakers to increase the natural alcohol content of wines with sugar, by 0.5 percent abv in...

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The CBA, Coop and the Reál are supporting the Sunday shop closure

The CBA, Coop and the Reál have the highest turnover (combined revenues of 1,441.4 billion HUF in 2013, 77,000 employees) among the chains in Hungary. Now these three Hungarian owned...

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The SPAR stays in Hungary

SPAR’s press conference was held in front of a full house of journalists on 18 November 2014. After the Parliamentary adoption of the tax package that will seriously affect the...

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The sales of daily consumer goods would be prohibited for the large loss making companies

From January 2018, the government would prohibit the sales of daily consumer goods for the big companies that have zero or negative net income in two business years in a...

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Stronger consumer demand for quality food products

The demand for high-quality, healthy products is becaoming stronger with conscious consumer behavior – said Helik Ferenc, head of the Board of Directors of the priority issues at the National...

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HEINEKEN and the Design Terminál have signed a strategic partnership

The HEINEKEN Hungária and the Design Terminál have signed a strategic agreement in order to support the creative industry. Joris Huijsmans, CEO of the HEINEKEN Hungária Zrt. signed signed a...

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KPMG: the corporate debt market can switch to a higher gear

Banks are more optimistic in relation of the future prospects of the corporate debt market – the KPMG sets in the sixth edition of its Corporate Lending Sentiment Index publication....

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More and more people would be their own bosses

The flexible forms of employment are given a larger emphasis in Hungary, such as self-employment. Not only globally, but entrepreneurship is getting stronger in Hungary as well: although we have...

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Several dangerous food products were banned

The National Public Health and Medical Officer Service (ÁNTSZ) prohibited the distribution of a number of so-called special nutritional food products – was said on the organization's website. The alleged...

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The EuroTier in Hanover has ended

The world’s leading livestock fair EuroTier 2014 ended recently in Hanover. This year, 2,360 exhibitors from 43 countries presented their products on the field of agriculture and productive livestock. The...

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GfK: the domestic market of technical products grew in the third quarter of 2014

The sales of long-term technical products increased by 9 percent, in the third quarter of 2014, compared to the same period of 2013. Despite the fact that the market is...

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The investment of the Chinese citric acid plant to be started In mid-2015 in Borsod

The Chinese RZBC groupplans to start the construction of the citric acid plant in the middle of the next year in Kazincbarcika, Borsod-Abaúj-Zemplén County. The company will spend 31 billion...

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Optimism in Europe's strongest economy

The sentiment index for the assessment of the economic outlook of the Mannheim-based ZEW (Zentrum für Europäische Wirtschaftsforschung) increased much stronger-than-expected in November, while the assessment of the current business...

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NAK and the Medicinal Plant Association and Product Council cooperate

The storage room was redesigned, the old drying room was modernised and a new drying room was built at Herbária Zrt.’s plant in Székkutas. The Ministry of Agriculture, the Medicinal...

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