News and articles
Amazon overtakes Wal-Mart
Amazon reported a profit of $92 million, or 19 cents per share, for the second quarter ended June 30, compared with a loss of $126 million, or 27 cents per...
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The German business sentiment index has improved
Contrary to the expectations, the German business sentiment index of the Munich-based ifo Institute for Economic Research improved in July – according to ifo’s report sent to MTI. In July,...
Read moreWe can provide data faster
IT Business Partner Ákos Kontár told our magazine that Borsodi Brewery decided to outsource several IT tasks. Being part of the group Molson Coors Europe, the company has adopted a...
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E-commerce boom
According to GfK’s E-commerce Report, Hungarian online shops took and delivered 88 percent of orders – foreign web shops’ share was a mere 12 percent. eNET data shows that 2014...
Read moreDevelopment projects for the comfort of customers
The last major IT project from Auchan was developing the CRM system that runs the Loyalty Card programme. This work was completed by the end of 2014. IT director Lajos...
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Magazine: Austria stands in the storm of the new mass migration wave
In 2014 Hungary’s agri-food export to Austria represented a EUR 721.3 million value, growing a little from the 2013 level but dropping from the 2012 level, which was a record...
Read moreInvestments in agriculture to increased further
The increase in agricultural investments continued in 2014, the rate of growth is more than the national economy average – Nagy István, Parliamentary Minister of State said at the 21st...
Read moreGMO-free trademark for alternative trade supply
The GMO-free Hungary Association seeks to the introduction of GMO-free trademarked products. The association hopes that by the end of the year, early next year, these GMO-free trademarks may appear...
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Strategic cooperation agreement between the government and Unilever
The government enters into a strategic cooperation agreement with the Unilever Magyarország Kereskedelmi Kft. (Unilever Hungary Trade Ltd.) – the government's decision appeared in the Official Gazette this Thursday. The...
Read moreHungary’s bread is provided
Hungary’s bread is provided. The harvest of winter wheat ended on one million hectares. 5 million tonnes has been harvested thanks to the hard work – the Minister of Agriculture...
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The poultry processing plant in Pacsa started a half billion HUF worth enlargement
The Pacsa-based Pulyka-Java Kft. started a half billion HUF worth enlargement. The company re-opened the plant of the former Zalai Baromfifeldolgozó Kft. At the press conference held at the site...
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Wine, Shine Bénye festival: concerts, Tokaji wines and cultural programs
Tokaji wines, zemplén flavors, craftsmen's products and diverse music concerts, lectures, await the visitors to the Wine, Shine Bénye three-day festival in Erdőbénye between August 14 and 16. The festival...
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The strong dollar is not good for McDonald's
McDonald's reported on Thursday that sales in its stores that are open for at least one year decreased by 0.7 percent, extending a string of sales declines that neither promotions,...
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More than 10 thousand PET bottles were collected during the PET Cup so far
The PET Cup is designed to draw attention to the increasing pollution in the Tisza River, while the “crew” is picking up as many plastic water bottles from the river...
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Euro Zone’s PMI decreased in July
Business activity in the 19-member euro zone eased in July, suggesting the recovery lost momentum at the start of the second half of the year, a survey released on Friday...
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Mobile payment on Android too
Google has announced the launch of its own mobile payment system. Android Pay can be used when buying online or in a physical store. Visa, MasterCard, American Express or Discover...
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Giving consumers real experiences
Róbert Pintér, a trend researcher with eNet told at a business forum organised by Samsung that the relationship between brands and consumers keeps evolving. In his view the most important...
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Confusion about the VAT payment date rules
It is not the payment deadline as contained in 58. § (1) of the VAT Act but the last day of the settlement or payment period that shall apply for...
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Client-side encryption
Tresorit Kft. specialises in secure cloud storage with client-side encryption. Company founder and managing director István Lám told us: the problem with server-side encryption is that users lose control of...
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Magazine: Hair care products enhanced with oils and oxygen
Global beauty care trends influence the hare care category too. Debóra Blaumann, Unilever’s junior brand manager informed our magazine that a premiumisation process is taking place: brands formerly targeting masses...
Read moreKSH: retail sales rose by 4.4 percent in May
The volume of retail sales in May 2015 increased by 4.4 percent, according to the raw data, while calendar effect adjusted the growth was 5.4 percent, compared to the same...
Read moreThe deferred purchases have increased retail sales
The deferred purchases of recent years increased retail sales -according to analysts polled by MTI, who responded to the data of the Central Statistical Office (KSH) that was published on...
Read moreNébih: Hungary’s food security level remains good
The level of food safety in Hungary continues to be good, because less than 0.9 percent of the notifications in the EU’s rapid alert system were related to products produced...
Read moreWheat harvest is expected to be completed in the country by the end of the week
The wheat harvest is expected to be completed by the end of the week in Hungary, because the weather was favorable during the time of the harvest – the president...
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Melon growers are complaining about too low purchase prices
The melon growers of Medgyesegyházam, Békés County are talking about tragically low purchase prices. Many of them told that they are thinking about the termination of their activities for the...
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The Sole-Mizo Zrt. improved the production of cottage cheese
Within a 1.8 billion HUF project, partly supported by the EU, the Sole-Mizo Zrt. improved the production of cottage cheese and whey drinks. Herczeg István Central European COO of the...
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Tokaj Trading House: the walls of the new bottling plant are completed
The capacity of the refrigerated containers – which is essential in quality wine production – is significantly increased in one year at the Tokaj Trading House Ltd. In the bottling...
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The fruit and vegetable producer organizations will receive additional national support
Additional national support will be given to the fruit and vegetable producer organizations – the Ministry of Agriculture (FM) told MTI on Thursday. According to the notice, the committee approved...
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DreherFeszt – Brewery Festival again
The DreherFeszt will be the closing event of the summer season again, and offers everything that is essential to a real festival feeling: good beer, great music and exciting scene....
Read moreThe 20th Hungarian Wine Route Rally will start with on 28 August
Already more than 90 pairs have entered to the 20th Hungarian Wines Way Rally, which will take place between 28 and 30 August. Megay Róbert Péter, co-chairman of the organizing...
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