News and articles
KSH: the volume of retail sales grew by 7 percent in the first quarter
According to the raw data retail sales increased by 6.5 percent. According to the calendar effect adjusted data, retail sales rose by 5.1 percent in March, compared with the previous...
Read moreOKSZ: consumption may increase in the rest of the year
The National Retail Federation (OKSZ) expects growth of household spendings on an annual basis in 2015, but considers that this rate will be lower than in the first quarter of...
Read moreThe Thursday-Friday sales revenues replace the Sunday loss
The revenues of the stores increased significantly on Thursdays and Fridays, as the effect of the Sunday store closure. According to the data of the National Tax and Customs Administration...
Read moreNGM: retail sales increased further even after the introduction of the Sunday rest day
Hungarian retail sales increased after the introduction of the Sunday rest day – Glattfelder Béla, Minister of State for the Ministry of National Economy (NGM) told on Wednesday to M1...
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Nébih: eight thousand liters of milk was seized
The National Food Chain Safety Office (Nébih) started a two-week inspection on 6 May. The staff of Nébih tested 300 items at 218 sales points nationwide. The experts of the...
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SPAR continues the expansion
The SPAR Magyarország Kereskedelmi Kft. opened a new business unit in Budapest on the Váci Road. This shop has a more than half thousand square meters of selling area and...
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One hundred and fifty billion HUF whiteout in the economy thanks to the online cash registers
According to the calculations of the Central Bank’s analysts, the online cash registers whitened the economy in 2014 with about 150 billion HUF – portfolio.hu wrote. The analysts of the...
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Biomass boiler at Univer
The Kecskemét-based Univer Product Zrt. installed a biomass boiler with the 307 million HUF support of the New Széchenyi Plan’s Environmental and Energy Operational Programme. The company used to produce...
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The grand prize of the METRO prize winning game was handed over
An Opel Vivaro was the main prize of METRO’s prize winning game that took place between 11 March and 12 February 2015. The lucky winner , Farkas Lajos ( in...
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Free nursery and kindergarten meals were extended
From September 1, families with three or more children will be eligible for free nutrition, as well as the chronically ill and disabled children and their brothers and families with...
Read moreStrict rules against smoking in China
Almost third of the Chinese population are smokers. Now the Chinese government starts to fight against smoking with stricter than ever measures as well as with the increase of the...
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The Consumer Protection Authority to start the summer tourism checks
The National Consumer Protection Authority (NFH) and the consumer protection unit of the county government agencies will start the summer tourism checks on 1 June – Kiss Anita, press officer...
Read moreHungarian CEOs surveyed: the ability to adapt is key
PwC Hungary conducted its Hungarian CEO Survey for the fourth time, in partnership with the Confederation of Hungarian Employers and Industrialists (MGYOSZ) and the Hungarian Association of Executives (MOSZ). 170...
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Hungary is a treasure box of opportunities
Since 15 January 2015 Jean Grunenwald has been Nestlé Hungary’s managing director. Trade magazin asked him, an executive with both regional and international experience, about his professional background, his first...
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2014: major investments and outstanding sales growth by MIRELITE MIRSA Zrt
Since 2011 MIRELITE MIRSA Zrt., a 100-percent Hungarian-owned family company, has invested HUF 1.15 billion in technological and product innovation. The biggest step was taken last year, when the company...
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Stakeholders’ assessment
Dr Péter Vadász, the vice president of MGYOSZ called our attention to two important things in connection with the survey’s results: 1. there was a great increase in the number...
Read moreGKI: Deteriorating business expectations and improving consumer sentiment
May was the fifth month when the GKI-Erste economic sentiment index adjusted for seasonal effects remained unchanged, with some fluctuations, reflecting a relatively optimistic mood. According to the empirical survey...
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Custom premium Ellehammer suitcases in SPAR's latest loyalty action
This spring, the latest SPAR loyalty in action focuses on touring! The promotion was launched on 21 May. This year the custom suitcases, bags and accessories of the prestigious Danish...
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Annual 21 billion HUF can flow into the economy with the growth tax credit
Approximately 18 thousand companies can take advantage of the total of 21 billion HUF worth loans under the growth tax credit program – according to the analysis of Opten business...
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The World Congress of wholesale markets will be held in Budapest
The World Association of Wholesale Markets (WUWM) will held its congress between 27-29 May. The event is organized by the Budapest Wholesale Market and the Market Hall Directorate of the...
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The native buffalo was left out of agricultural subsidies
It seems that the Ministry of Agriculture (FM) made a mistake when the native and endangered animal species like buffalo were missed this year – from the so-called production-linked –...
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Magazine: Analytic Consulting (Part 5) – Promotions: high costs – varying returns
Nielsen vice president Uta Werner and senior vice president Rick Hall are the authors of a study on how to overcome obstacles that are in the way of high-efficiency promotions....
Read moreHungary was the guest of honor at a wine competition in France
The 2010 five-butt Tokaji Aszú of the Pannon Tokaj winery and the Villany-based Bock winery’s Libra Cuvée 2011 red wine won the Special Prize of the international federation of wine...
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The suppliers of the Surjány-Hús Kft. are waiting for their money
The employees of the Surjány-Hús Kft. meat processing plant have received their April salaries yesterday, but the bank does not allow the payment of the contributions of, the suppliers are...
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The NAV uncovered a nearly 400 million HUF VAT fraud
The inspectors of the National Tax and Customs Administration (NAV) eradicated the activities criminal organization dealing with meat, who lured nearly 400 million HUF VAT. The financial investigators seized the...
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Subsidized agricultural insurance until the end of June
The Ministry of Agriculture extends the deadline of the grant applications for the increasingly popular subsidized agricultural insurances with one month. The new deadline is 30 June 2015. The agricultural...
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The French law banning food waste would have a global effect
The French law on banning food waste that was accepted last week would raise the law to a global level. The started of the initative Arash Derambarsh, municipal councilor of...
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(HU) Túlterheltség és alulműködés a kkv-knál
Sorry, this entry is only available in HU....
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The L'Oréal will reduce the price of products supplied to China
The French cosmetics company L'Oréal reduces the price of most of its products that are shipped to China, to fight against the gray market of products, and also encourage Chinese...
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