News and articles
Egg-free mayonnaise on the market
Egg-free mayonnaise that targets a new group of consumers, offering a real alternative to those suffering from egg allergy and to vegan people. The product contains no added sugar, which...
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Magazine: POPAI AWARDS 2015
At the year’s last Trade Marketing Club meeting the results of the in-store marketing tool competition, the 6th POPAI AWARDS were also announced. Ildikó Kátai, general secretary of POPAI Hungary...
Read moreNAK: the pig Strategy’s results can already be seen
According to professional organizations of the pork marke,t the first results of the pork strategy can already be seen. Pig breeding increases in Hungary, while the impact of VAT reduction...
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OKSZ: digital price tags do not need to be swapped constantly
Digital price tags make the shopping process smoother, because the customers can face with actual prices – the Secretary-General of the National Retail Federation (OKSZ) told M1 news channel on...
Read moreThere is life after Christmas on the online market place
The online auction and advertising forums are carrying out higher turnover after Christmas, because many people sell their unnecessary gifts or older household objects – Népszabadság Online wrote. The portals...
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Forint is undervalued according to the Big Mac index
According to the the latest Big Mac index, the Forint is undervalued. It needs to strengthen much to find a balance against the euro and the dollar – the vg.hu...
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Gyulai Palinka Festival will be renewed this year
The Gyulai Palinka Festival awaits its visitors with larger tents and with increased presence of hungaricums between 15 and 17 April. The Gyulai Palinka Festival this year is organized by...
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Andy Vajna founded a Donut business
According to the December business registrations, Andy Vajna would try himself in the donut business with his wife – Népszabadság Online wrote. The Beauty Enterprises Hungary owned by Andy Vajna...
Read moreVAT reduction in Slovakia
From January, the Slovak state reduces the Value Added Tax (VAT), however the few eurocents will hardly be noticed by the majority of the customers. According to Robert Fico Prime...
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The decline in US rail freight forecasts an economic slowdown
Railroad cargo in the U.S. dropped the most in six years in 2015, and things aren't looking good for the new year – Bloomberg summons the analysis of Bank of...
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Swiss retail sales fell sharply
Real turnover in the Swiss retail sector adjusted for sales days and holidays fell by 2.1 percent in November 2015 compared with November 2014 (in nominal terms -3.9percent). Real, seasonally...
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Almost no inflation
Compared with October 2014, consumer prices grew by 0.1 percent in October 2015. Grocery prices rose 1.7 percent. Seasonal product prices augmented: potato, fresh vegetables and fruits cost 17.3 percent...
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Optimism at Europe’s Day in Commerce
The National Association of Entrepreneurs and Employers (VOSZ) organised its programme to celebrate Europe’s Day in Commerce for the eleventh time. László Krisán, president of VOSZ’s trade and service provider...
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GKI expects the slowdown to continue
According to a forecast by GKI Economic Research Zrt., the slowdown of the Hungarian economy, which started in Q2 2015, will continue. Economic growth was 3.6 percent in Q1 and...
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A new liquor company to start
The CBA-Baldauf Kft., the Lázár-Holding Kft. and the Alfa Investment Kft. launches a new liquor factory called AlcoWorld – hvg.hu wrote. The Alfa Investment Kft. will be the majority owner...
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KSH: the value of import increased significantly
In November 2015, the value of exports in euros increased by 6.5, and imports increased by 7.7 percent compared to the November of the previous year, while the monthly balance...
Read morePick Szeged broke into the Chinese market
Two Hungarian companies, Pick Szeged Zrt. and Pápai Hús Kft. received authorisation from accreditation authorities the AQSIQ and the CNCA to sell pork in the Chinese market. China is the...
Read moreBisnode: the number of companies continued to decrease
Company establishing mood is weakening in Hungary for the fourth consecutive year. As a result in 2015, 16 percent less, about 25 thousand new enterprises were established – the Bisnode...
Read moreBMI: normal year-end weakening
The seasonally adjusted value of the Purchasing Managers' Index (PMI) in December 2015 has become 49.1 points. The respondents, compared to November have reported less favorable developments caused by the...
Read moreGerman retail sales increased less-than-expected in November
German retail sales in November were smaller-than-expected – the German Federal Statistics Office, the Destatis announced on Thursday. In November German retail sales increased by 0.2 percent, compared to the...
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MasterCard introduced its smart fridge application
MasterCard on Tuesday announced Groceries by MasterCard, a service designed to work with Samsung Family Hub refrigerators shipping this spring. Samsung's newest refrigerators will include an Internet-connected display on the...
Read moreInternet shoppers have problems especially with clothing and electronic products
Those who buy on the Internet face problems mostly with clothing and technical products – Kriesch Attila, Director of the European Consumer Centre of the National Consumer Protection Authority told...
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Nézőpont: one and a half times more people are optimistic about the country's future
At the end of 2015, almost half (48 percent) of the Hungarians considered that year 2016 will be a good year for the country. In December 2014, only 34 percent...
Read moreThe VAT reduction increased Romanian retail sales
The volume of retail sales grew by 8.2 percent in Romania in the first eleven months of last year, compared to the same period of the last year – the...
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The NASA would grow potatoes on Mars
The experiment, led by the International Potato Centre (CIP) and NASA, is a step towards building a controlled dome on Mars capable of farming the hardy crop -the abc.net wrote....
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Henkel glues Tut Ankh Amun’s beard
This news went around the world: The beard of the world-famous, more than 3,000-year-old golden mask of Tut Ankh Amun fell off during a cleaning procedure and was hastily glued...
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Holes in retail’s boat
According to a survey conducted by Business Insider, sales of major players in retail such as Macy’s and Nordstrom are slowing down and this reduces the value of company shares...
Read moreAnalysts say that growth may continue in retail trade
According to the first estimate of the Central Statistical Office, published on Thursday the volume of retail sales in November 2015, increased by 4.8 percent according to the raw data...
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Food-retailing grew by four percent both in value and volume
Food retail trade achieved a turnover of around 1,540 billion HUF between December 2014, and November 2015 in the ninety product categories measured by Nielsen; 4 percent more than during...
Read moreKSH: retail sales increased by nearly 5 percent in November
The volume of retail sales in November 2015 increased by 4.8 percent according to the raw data and by 4.4 percent according to the calendar adjusted data, compared to the...
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