News and articles

Bonafarm spent 61 billion on development in ten years

The government and Bonafarm group signed a strategic cooperation agreement. In the last ten years Bonafarm Zrt. spent HUF 61 billion on investment and in the next seven year they...

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Undeclared work in Hungary reaches the level of South East Europe

In 2013 the black economy produced 22 percent of Hungary’s GDP. For instance the same ratio is 7.5 percent in Austria and 15 percent in Slovakia, but 28.4 percent in...

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Hungarian manufacturers and excellent quality in focus

Retail chain COOP organised the 9th Coop Rally between 11 and 13 September 2014. Coop Rally promotes Hungarian groceries and fosters cooperation in the domestic FMCG sector. This year those...

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Increase in retail sales in the EU and in the euro area as well

In August, on a monthly basis retail sales rose by 1.4 percent in the European Union (EU) and by 1.2 percent in the euro zone – Eurostat’s Friday statement reveals....

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Tesco deal for young workers

The TESCO and the DiákÉSZ in cooperation with the ISZOSZ (School Cooperatives Association) announced a joint campaign for young people who finished their studies in the summer of 2014 and...

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Eight EU countries have exceeded the milk quota

Eight EU countries have increased their milk production too much in 2013-2014 to prepare for next year's quota abolition. Due to exceeding the milk quota, they have to pay 400...

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The Claessens Group-Agrár Kft. significantly improved its livestock farm

Somogy county's largest animal breeder, the Somogyszob-based Claessens Group-Agrár Kft. expanded its livestock farm as well as its pig population in Kisbarátipuszta from 2.3 billion HUF EU fundings. The investment...

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The HEINEKEN handed over the record support in Szolnok

The Ecumenical took over the 100 million HUF symbolically from HEINEKEN Hungária that will help job seekers access to jobs in the scope of the Soproni Jóleső Segítségprogram (Soproni Gratifying...

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The Dolina Kft. developed a biomass boiler for tobacco drying

The Albertirsa-based Dolina Kft. developed a computer-controlled biomass boiler for tobacco drying. Due to th project, the drying costs can be reduced by over sixty percent – Bényei Illés, President...

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Ladies conquered at the National Finals of the Beer Tapping World Championship

Every year, the Stella Artois Beer Tapping Championship’s goal is to find the best bartender who can carry out the 9-step beer tapping ritual of Stella Artois ibn the most...

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OECD: the life quality of people generally improved

In most part of the world the quality of life of people has generally improved since the early 20th century, the countries tend to be more closer to each other...

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The Biomed Kft. spent 126 million HUF on the development in the past two years

The herbal creams and supplements manufacturer Biomed Kft. has spent 126 million HUF on developments in the last two years – Medgyesi Bálint executive director said on Friday in Egyházasdengeleg...

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The high rainfall complicates the harvest in Vas county

The large amount of rain in Vas county complicates the harvest of sunflower and it will likely to hinder the harvest of maize as well – the National Association of...

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Nielsen: fresh fruit, chocolate and cheese are the favorite foods of the Hungarians

In the scope of a questionnaire, thirty-four percent of the Hungarians would choose mainly fresh fruit for snacks between two main meals from forty-seven different food products. Fruits are followed...

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Lidl for the Hungarian apples

The Lidl joined to the Hungarian apple promoting campaign of the Ministry of Agriculture and FriutVeB (Hungarian Interprofessional Organisation for Fruit and Vegetable Marketing Board). The discount department store chain...

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Szentkirályi Mineral Water: Hungary will host the World Congress of Bottled Waters

The 11th World Congress of Bottled Waters will be held in Hungary for the first time between 6 and 8 October. The World Congress of Bottled Waters is one of...

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KSH: a revival of foreign trade in July

Exports in euros increased by 9.2 percent, while imports increased by 9.0 percent in July, compared to a year ago, after the previous month's 6.0 percent and 5.2 percent increase...

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Auchan strengthens with filling stations and Trust Card

The department store chain that had an annual gross turnover of 324 billion HUF in 2013, this year aims to open five new filling stations until the end of the...

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Deloitte-Scale BankIndex: increasing lending mood

Although the population typically continues to reject lendings, but that the rate of rejection is reducing consistently in fact, more and more people have positive attitude towards lending. The ratio...

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The Nébih seized unmarked vegetables

The National Food Chain Safety Office (Nébih) seized about 86 tons of potatoes and onions in a vegetable packing plant in Pest County – the agency told MTI on Thursday....

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The food prices in Russia are sharply rising because of the embargo

Due to limitation of imported foods from the Western countries, food prices are rising sharply in Russia – Anton Sziluanov Russian Finance Minister stated at the Thursday meeting of the...

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GREY GOOSE® VODKA: a partner in space travel

Richard Branson's privately owned aerospace company, the Virgin Galactic, and the GREY GOOSE® signed a partnership agreement. The special co-operation gives an exclusive insight into the preparation works of the...

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GKI expects slowdown

GKI Economic Research Zrt.’s summer forecast is that from a growth perspective this year is going to be much better for Hungary than the last few. The main reason for...

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The world’s wholesale markets will meet in Budapest

Budapest will be the host of the World Union of Wholesale Markets’ (WUWM) next meeting on 27-29 May 2015. The event will focus on cooperation between wholesale and retail markets...

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Going uphill

Optimism was reigning in the financial market early autumn. The recession is finally over in the USA. Billions of dollars printed in the last 5 years put the stock exchange...

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Magazine: Hungarian or Domestic – what is the difference?

A couple of years back consumers were attracted by exotic products, but these days they are much more drawn to Hungarian products or those produced in Hungary. In 2012 a...

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GfK: Consumer confidence fell sharply

According to the GfK Consumer Confidence Index, in the third quarter of this year consumer confidence showed a significant decrease of about 15 points. The values of both the consumer...

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Russian embargo: the Hungarian farmers will receive EU support to withdraw more than four tons of fruits and vegetables

The Hungarian farmers can apply for support from the new 165 million worth EU funds opened on Tuesday, to withdraw more than four tons of fruits and vegetables to compensate...

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Poultry meat is healthy

The latest research shows that among the fresh meats poultry meat is the most popular in the Hungarian households. The Agricultural Marketing Centre General Directorate of the Hungarian National Tourist...

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Magosz-chairman: the farmers should be the owners of the processors!

A regulatory system must be developed in which the farmers should be the owners of the processing plants – Jakab István President, of Magosz told reporters on Tuesday after a...

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