News and articles

Romanian retail sales grew by 8.9 percent last year

Romanian retail sales volume grew by 8.9 percent last year , compared to the previous year – the Romanian national statistical institute announced on Wednesday. The increase is mainly due...

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Chinese may buy Syngenta

China National Chemical Corp. is nearing an agreement to buy Swiss pesticide-and-seeds-maker Syngenta AG for about 43.7 billion francs ($42.8 billion) as the state-backed company extends its buying spree with...

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Nourishing Hand Creams

The key ingredients of Nourishing Hand Cream are Lavender and Kokum Butter that provide nourishment and long lasting hydration to leave your hands soft and smooth. Age Defying Hand Cream...

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Stress resistant stock markets

After the 13 November terror attack in Paris many analysts say stock markets may fall sharply should the attacks continue. Due to the constant threat people might stay at home...

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GKI: Deceleration continues in 2016

After a number of weak years, the development of the Hungarian economy in 2014 was the second fastest in the EU. GDP growth was above-average in 2015 as well; however,...

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In the European top three once again

Like-for-like FMCG value sales improved by 5.8 percent in Q3 2015 in Hungary. This performance was the third best in Europe, behind Turkey’s 12.4 percent and Austria’s 5.9 percent. According...

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KSH: food exports in November increased by 7.7 percent

Hungary’s external trade surplus decreased by €22 million in year-on-year terms in November, to €687 mln, with the export volume growing by 8.4% and the import volume increasing by 11.2%,...

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VHT: the impact of the VAT reduction appeared in the pork prices

According to Németh Antal, chairman of the Livestock and Meat Marketing Board and Interprofessional Organization (VHT), the impact of the VAT reduction appeared in the pork prices, but not to...

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Hungary sees another customer confidence index growth, though terrorism is considered to be a threat

Hungarian customer confidence index has seen a serious growth in the fourth quarter. Nielsenʼs consumer confidence index rose 6 points to 61 from the previous quarter, Nielsen said. The index...

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Free WiFi for the dm customers

From February, the dm drugstores will provide free wi-fi in all of its stores to help the customers in obtaining information. The customers can use the free wifi for an...

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Heineken: these are the best clubs of Budapest!

The Heineken Budapest Nightlife Awards – the competition of entertainment venues, clubs, pubs and bar in Budapest – was organized for the first time. The competition involved a total of...

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Bisnode: The number of liquidations was record low last year

The number of liquidations was record low last year in the Hungarian company world: while in 2014, more than 17,500 proceedings were initiated, last year only less than 10 thousand:...

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Great Furmint February Tasting with the wines of nearly one hundred cellars

Ninety-four cellars offer more than 170 kinds of Furmints at the Great Furmint February Tasting on 7 February at the Hungarian Agricultural Museum, while the restaurants and the specialty shops...

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Cigarette smuggler crashed

A cigarette smuggler crashed after a chase near Apagy with a twenty-seven million HUF worth cigarette shipment. Magyar Norbert, press officer of the Nationmal Tax and Customs Authority’s Szabolcs-Szatmár-Bereg county...

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More than a hundred kinds of foods await the guests of the Fish Festival

The 4th Budapest Fish Festival awaits its guests with more than a hundred kinds of fish meal, fish species, cooking contest, children's programs and music concerts to the Millennium Park...

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NAK: the new site of the chamber will be available soon

The National Agricultural Chamber’s (NAK) new customer-friendly website serving all needs will be available within weeks – the NAK told MTI on Tuesday. According to the Communication, the site is...

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New commercial and marketing organization at Coca-Cola HBC Hungary

Sorry, this entry is only available in HU....

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Jack Daniel’s celebrates the 150th anniversary of the Jack Daniel Distillery

Jack Daniel’s has announced plans to celebrate the 150th anniversary of the Jack Daniel Distillery in Lynchburg and around the world in 2016. Through events, special promotions and new products,...

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Ibis Styles arrives to Hungary

Orbis Hotel Group introduces the newest hotel brand to the Hungarian market A year after taking over the operation of all AccorHotels brands in Central/Eastern Europe and becoming the largest...

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The reduced VAT would be beneficial to other sectors

The price of pork spectacularly declined in recent weeks, in addition that live pig prices also fell, the VAT reduction came into force on 1 January seems to be successfull....

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Hungary offset the Russian embargo with new markets

Hungary successfully offset the Russian embargo on the Hungarian agricultural and food products by exploring new markets – Budai Gyula, Ministerial Commissioner of the Ministry of Foreign Trade and Foreign...

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A decrease in the Hungarian banana exports, domestic demand increased

Consumers prefer bananas after apples in Hungary. According to the data of the Central Statistical Office (KSH) Hungary’s banana imports has increased by 32 percent to 56.3 thousand tonnes between...

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Nébih: the amount of food seized in the markets decreased

The amount of food seized at wholesale markets dropped significantly in recent years – Helik Ferenc, leader of the Board of Directors of the National Food Chain Safety Office (Nébih)...

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Product development from Cornexi

The Cornexi Food Kft. carried out a unique product development at international level. Based on the growing health-conscious customer base, the company started to produce cereals with no added sugar...

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MVH: the versatile use of EU funds for rural development

Local governments, nonprofit organizations and even churches are eligible to apply for EU rural development funds in a wide variety of sectors such as the food industry, irrigation development and...

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Pig farm managers are trained at the University of Debrecen

Two years after the start of the shepherd training, the four-week training for pig farm managers has begun on Monday at the University of Debrecen (DE) – the organizers told...

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Dynamic growth in the market of online industrial auctions

The number of online industrial auctions almost doubled in 2015 compared to the previous year, while the number of clients was one and a half times more – the CEO...

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The purchasing managers' index is over 50 points again

After a month of decline the seasonally adjusted value of the purchasing managers' index (PMI) increased to 53.0 points in January from the 49.9 points of December – the Hungarian...

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The WHO would give adult rating to films that showing smoking

Films that show smoking should be given an adult rating to protect children from the 'last frontier' of tobacco advertising, world health chiefs have urged. The World Health Organisation has...

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Air freshener and dehumidifier season

When the winter comes and we close the windows, air fresheners and dehumidifiers start working more. Air freshener sales are growing by two-digit numbers. Not only aerosol products but also...

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