News and articles
Tesco can close several Hungarian units
The Tesco supermarket chain plans to close unprofitable stores in Hungary – the Magyar Nemzet was informed by the inner circles of the multinational company. The measure, that was made...
Read moreRetail sales increased in the EU
The retail sales increased in the European Union both in monthly and annual comparision in November, according to the non-finalised calculations. According to seasonally adjusted data, the volume of the...
Read moreGfK: stagnating consumer confidence
According to the analysis of the GfK Consumer Confidence Index, in the last quarter of 2014, the index has reached a 1-point increase. The consumer expectations are stagnating, while the...
Read moreThe NGM about the Sunday opening hours
The decree about the Sunday rest day will be ready in the first quarter of 2015, but the law already contains a number of exceptions – the Ministry of National...
Read moreTesco starts the year with store closures and discounts in Great Britain
Tesco is to close its headquarters in Cheshunt and 43 unprofitable stores as part of a drastic plan to turnaround the supermarket retailer. Dave Lewis, the new chief executive, also...
Read moreThe dairy product council and the Vitafort Zrt. have extended their cooperation agreement
The Vitafort Első Takarmánygyártó és Forgalmazó Zrt. (Vitafort First Feed Production and Distribution Company) and the Milk and Interprofessional Organization and Marketing Board (Tej Szakmaközi Szervezet és Terméktanács) signed a...
Read moreWorkania: gross wages increased by 6 percent in 2014
Last year the gross wages increased by 6 percent in Hungary to 246 thousand HUF, compared to the average gross salaries of 2013. The largest increase was in the area...
Read moreWe relax with drinking coffee and moving less
Sixty-seven percent of the Hungarians are realaxing by drinking coffee if only have ten minutes of free time, but if they have several hours they prefer watching TV or listening...
Read moreThe Romanian retail trade increased by more than seven percent in January-November 2014
The Romanian retail trade increased by more than seven percent in the first eleven months of the last year – the Romanian national statistical institute announced on Thursday. The raw...
Read moreThe data speed of indoor mobile network will be increased with the new development of Ericsson
The Swedish Telecom giant, the Ericsson expects that the 4G smartphones will be able to download data three times faster later this year with a little help from wireless spectrum...
Read moreThe economy takes a step back – optimism didn’t last
The autumn is expected to bring a negative turn in the economy, due to changes in taxation and the 2015 budget. Growth rate will probably be around 2.5 percent in...
Read moreBNV returns this autumn
Gabriella Szántó, communications director of Hungexpo Zrt. told our magazine that next autumn the Budapest International Fair (BNV), one of Hungexpo’s best-known brands would return with a new concept. It...
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Improved sales by manufacturer brands
Like-for-like air freshener sales were between HUF 4 and 5 billion in January-August 2015, with value sales rising 5 percent. Drugstores had the biggest share from value sales, 27 percent...
Read moreThe excise guarantee of alcohol distributors may remain on last year's level
The Prime Minister’s Office does not agree with any of the excise rate increase proposals of Gulyás Gergely (Fidesz) nor the Ministry of National Economy (NGM), therefore initiates amendments that...
Read moreMNB: The banks disbursed loans of 472.3 billion HUF in the second phase of the NHP
The banks disbursed loans in a value of 472.3 billion HUF in the second phase of the Credit growth Programme (NHP) by the end of last year. The loans granted...
Read moreGive Good!
The past few weeks were about kindness, caring and good actions as well. These good things should not end after the holidays, because they have justification in the whole year,...
Read moreHungary closed a record year in 2014 in the payment of EU funds
On the basis of the data it seems sure that 100 percent of the EU funds was utilized – Csepreghy Nándor Deputy Minister of State, responsible for for Development Policy...
Read moreOnline trade is promoted among farmers
The online trade is promoted by the Magro.hu agricultural marketplace among the farmers at a video-conference on 21 and 22 January – the organizing company told MTI on Wednesday. According...
Read moreNew leader in the lead of the Hungarian Trade Licensing Office
Varga Mihály Minister of National Economy appointed Kállayné Csík Ildikó as the Director General of the Hungarian Trade Licensing Office (MKEH) from the first of January – the Ministry of...
Read moreKSH: producer prices fell more slowly November
The industrial producer prices declined by 0.4 percent in November after last October’s 0.9 percent decline. The export prices were only 0.1 percent lower than in the previous month, when...
Read moreThe EKÁER is operating without any serious mistakes
Yesterday 9 tousand, today, more than 16 thousand EKÁER numbers were is requested from the NAV – Suller György Attila excise spokesman said in the public radio. Only minor errors...
Read moreThe Nébih found smaller markup deficiencies in case of dog foods
The dry dog foods that are available in Hungary are characterized by only smaller markup errors. The dog foods are free of materials put the animal’s health at risk and...
Read moreAn expansion in the global air transport
According to the data of the International Air Transport Association (IATA), the global air freight traffic grew by an average of 4.2 percent in November 2014, compared to November 2013....
Read moreFamily program at the Hungarian Museum of Commerce and Tourism
Family program at the Hungarian Museum of Commerce and Tourism Registration needed: : Miszné Korenchy Anikó 1/375-62-49; korenchy.aniko@mkvm.hu...
Read moreIt becomes simpler to apply for European Union funding
In the 2014-2020 period it will be simpler to apply for European Union funding – announced Nándor Csepreghy, deputy state secretary responsible for development policy communication at the Prime Minister’s...
Read moreMurony is the home of the first Knorr Model Farm
Unilever and Knorr created their first Model Farm in Murony, in Békés County. The programme is implemented on the land of local onion farmer Imre Bodnár. The farm’s sustainability is...
Read moreOrganic products are now also made at SPAR’s own meat plant
SPAR Hungary’s REGNUM meat processing plant in Bicske, where organic products are now also made, is 10 years old. In cooperation with Virágzó TKSZ Cooperative of Nyalka, 9 different tray-packaged...
Read moreJob creation is the top priority
Direct subsidies from the European Agricultural Guidance and Guarantee Fund to producers and the agricultural market in general exceed HUF 425.5 billion. From this HUF 364.3 billion will be used...
Read moreMagazine: Laurel Retail Conference: On/Off
Laurel Group organised its Retail Conference on 12-13 November in Kecskemét. Owner-managing director István Bessenyei opened the conference by announcing that they developed a cash register system for tablet and...
Read moreNGM: the products ordered online can not be delivered on Sunday
Although the customers can order the products they need online, the delivery cannot take place between 22 pm and 6 am, on public holidays and on Sundays – the Ministry...
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