News and articles
Mfor.hu: an international comparison about the lowest earnings
In Hungary, the proportion of workers who work for less money than the poverty threshold, (ie 50 percent of the average income) was 7.2 percent, while in Austria 7.8 percent,...
Read moreThe 10th Főzdefeszt focuses on the Hungarian Church beer culture
The 10th Főzdefeszt (Brewer Fest) focuses on the “surprise resurrection” of the Hungarian Church beer culture. The 10th Főzdefeszt will take place again at the Olof Palme promenade between 4...
Read moreThe growth of smartphone sales is slowing globally
The growth of smartphone sales will slow globally in the coming years – the U.S. International Data Corporation (IDC) IT and telecommunications market research company announced on Tuesday. The International...
Read moreTen thousand bees were equipped with tracking sensors in a global research program
Miniscule sensors have been glued to the backs of 10,000 healthy honey bees around the world to help understand why huge numbers of bees are dying. Like electronic tags that...
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Whisky found in time capsule from the nineteenth century
Construction workers found time capsule that was buried in the 1800s in the Scottish Highlands. The shoe box-sized capsule was found buried deep inside part of the Ruthven road bridge...
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Milk’s production price dropped by the quarter
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that the production price of Hungarian broiler chicken was HUF 264/kg in May 2015....
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EXIMBANK lending programmes in the limelight
Loan products offered by state-owned Magyar Export-Import Bank Zrt. (EXIMBANK) can be of great help to Hungarian enterprises in financing export activities. EXIMBANK’s goal is to raise the number of...
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Knowledge park to be built in Debrecen
The University of Debrecen successfully tendered for HUF 583 million to build a knowledge park for the rapid practical utilisation of the results of innovative research projects (pharmaceutical, food, electronics...
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Lips that brave the weather
Lip care product sales are characterised by seasonality because the autumn and winter periods make lips more vulnerable – we learned from Viktória Tantics, brand manager with Beiersdorf Kft. Szilvia...
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New, premium-category brand
Unilever has just launched a new, premium-category brand in Hungary: the Zendium line consists of toothpaste and mouth wash products. Zendium is one of the toothpastes most often recommended by...
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We spend more and more despite the Sunday store closure
Expanding sales, outstanding results: the Sunday store closure did not break the year-long success story of the Arena Plaza – the latest GfK Hungária Exit Survey reveals. Although one can...
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The Sunday store closure affected the advertising market
The introduction of the Sunday store closure moved the commercial chains’ advertising spendings as well – vg.hu wrote. In the first half of this year the retail chains operating in...
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Chamber of Agriculture: the support of the farmers' markets is a priority area
Papp Gergely, technical deputy director general of the National Agricultural Chamber (NAK) told M1 news channel on Tuesday that the support of the short supply chains, farmers' markets is a...
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The apple harvest has begun
The apple harvest has begun in the orchards and the concentrate maker factories are also operating – the Chairman of the Apple Marketing Board told MTI on Tuesday. Takács Ferenc,...
Read moreThe consumer protection authority will launch a series of events to develop environmental awareness
The National Consumer Protection Authority (NFH) to launch a nationwide series of events to develop environmentally conscious customers approach – NFH’s Director General said at a press conference in Budapest...
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Analysts say that the increase of earnings is stable
According to the senior analyst of ING, regular wages grew in accordance with the current trends in the private sector. The analyst of the Savings Bank pointed out that real...
Read moreThe new rural development program offers more opportunities for the farmers
The new rural development program, provide more opportunities for the farmers – the Vice President of the National Agricultural Chamber (NAK) told M1 news channel. Hubai Imre told that the...
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DreherFeszt: late-summer festival in the brewery
Unique tasting venues, concerts, brewery tours and beer specialties brewed for the occasion are waiting for the visitors of the DreherFeszt on Saturday at the Dreher Breweries. The DreherFeszt was...
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The Rossmann opens two stores this week
Two Rossmann drugstores open its doors this week. We can buy our favorite products from Monday in Baja and from Thursday in Miskolc. On the occasion of the opening three...
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The Lidl is expanding from loans
German retailers Lidl and Kaufland, both owned by the German Schwarz group will receive a 60 million euros loan from the World Bank to continue their expansion in Romania. In...
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Ready, set, the Hungarian Wine Route Rally is ready to start
At dawn on 28 August the 100 car fleet of the Hungarian Wine Route Rally will start their engines, and the 1,000-kilometers long rally begins. This year the rally that...
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Manufacturer brands improved their position
In January-April 2015 toothbrush sales were worth more than HUF 1 billion. Value sales stayed put but volume sales fell 3 percent. Drugstores’ share from value sales was even higher...
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Efficient oral care every day
In the last few years the oral care category was growing above the average in terms of value sales. According to Beatrix Károly, consumer shopper activation mass market manager of...
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A wifi network that works well for everyone
With WifiZone’s professional wifi network restaurants, cafés, hotels and other busy public spaces can offer such wireless internet access to guests which is comfortable and safe for both sides. In...
Read moreIncreased share for drugstores
In the first four months of 2015 Hungarian consumers spent HUF 4 billion on toothpaste, 3 percent more than in the same period of 2014. Volume sales didn’t change if...
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The Licensed Products philosophy
Comic heroes, athletes and lovable cartoon characters – these icons are with us throughout our lives. It is enough to think of how much we love Garfield, Star Wars or...
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GKI-Erste economic sentiment index at its peak this year
In August the GKI-Erste economic sentiment index adjusted for seasonal effects increased slightly over July and reached this year’s peak. The previously measured positive sentiment prevailed among companies and households,...
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Hungary's food-retail is on podium
The value and volume of food-retailing in Hungary has increased more than the European average during the second quarter, compared to the April-June period of the last year. In terms...
Read moreThe VAT fraud may reach 1,000 billion HUF
In Hungary, approximately 1,000 billion HUF VAT is cheated every year, while the rate of tax evasion can reach 22-25 percent of GDP – Farkas Gábor, Manager of PwC drew...
Read moreMore wine in the cellars than last year
The amount of new wine this year may exceed last year's harvest – the National Council of Wine Communities (HNT) estimates. According to the predictions of the National Council of...
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