News and articles

MNB: the performance of the Hungarian economy is significantly lagging behind the region

The National Bank of Hungary (MNB) revised down this year’s and next year's GDP expectations. This year, the Hungarian economy can shrink by 1.4 percent, next year an only 0.7...

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Online shopping day comes on Thursday with significant discounts

This year, the online shopping day will be held on 8 November on Thursday. The event involving hundreds of webstores will provide significant discounts for online buyers. In 2011, almost...

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A Fornetti Milk bar has been opened in the capital

An unconventional satisfactory catering unit has been opened on 16 October in the 6th district of Budapest. The Fornetti Milk bar can be found on the Grand Boulevard between the...

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Portuguese company would build Romanian malls

The Portuguese property developer Sonae Sierra considers Romania as one of the most promising real estate market in Central and Eastern Europe. The company would build shopping malls in Bucharest...

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Urbanization brings an increase in consumption in China

By the end of the decade, the number of the Chinese middle class will reach 600 million. They are the key driver of economic development – predicted the Chinese Reform...

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Drought and fungal diseases affecting the chestnut crop badly

Chestnuts almost cannot be purchased in the country due to the drought, ten percent of the usual amount has grown this year. In Zengővárkony, at the country's largest production area,...

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How whisky is being made?

Nestled at the foothills of the Highlands near the scenic town of Crieff, Glenturret is the spiritual home of The Famous Grouse whisky. After seeing the age old process of...

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Eastern opening is reasonable in foreign trade

Eastern opening is reasonable in the Hungarian foreign trade, as the driving force of the world economy is now outside Europe – told Hídvégi Balázs, Deputy Secretary of State at...

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KSH: the volume of exports increased by 1.7 percent in August

The volume of imports in August decreased by 0.3 percent, while the volume of exports increased by 1.7 percent compared to the same period of last year. Calculating in euro,...

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More and more Hungarians turn to the European Consumer Centre

A growing number of Hungarian citizens are turning to the European Consumer Centre (ECC), and the returned amount also increases – Kriesch Attila director of ECC told at a press...

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Hell Nominated For World-Class Manufacturing Award Hell Nominated For World-Class Manufacturing Award

Hell Energy is among the nominees for the prestigious Strategic Manufacturing Awards to be awarded later this month in Dusseldorf. The Hungarian energy drink manufacturer’s bottling factory in Szikszó has...

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Hipercom: The best offers for All Saint's Day

The period prior to All Saint's Day is always linked to a wide range of promotions highlighted in special offer leaflets. With Hipercom's Monitoring System, this years offers have been...

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NGM: the public health product tax does not conflict with with the EU law

The European Commission accepted the government's argumentation and answers and closed the legal process that investigated the legal harmonization of public health product tax and EU law. The EU proposer-Executive...

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Mountain villages: this year's wine volume is under two million hectoliters

This year, about 1.8 million hectoliters of wine was transported into the cellars in Hungary, compared to the 2.5 million hectoliters of last year – Horváth Csaba, Secretary General of...

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Workania: 19 percent of the Slovaks and 34 percent of the Czechs earn more than the Hungarians

The Hungarian workers' gross monthly average wage is 221400 thousand HUF, while the Slovaks earned 19 more and the Czechs 34 percent more the last year – shows the Fizetesek.hu...

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The “Together for the babies” CSR campaign to be restarted

The dm drogerie markt launches its second “Together for the babies” CSR campaign on 2 November. The campaign aims to support children and their families among different conditions. The partners...

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Aquarius-Aqua Kft. inaugurated a new bottling plant in Albertirsa

The new production hall of the bottling plant of the Aquarius-Aqua Kft. mineral water and soft drink manufacturer has been completed in Albertirsa. The production hall, which was implemented with...

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There are not enough boxes and bags in the Santa Claus Factory

There are not enough boxes and bags in Santa's factory, in which the volunteers of the charity action could pack the gifts in – the organization told MTI on Saturday....

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Decreasing profits at Avon

Avon's profits fell significantly in the third quarter, because of the increase in production costs, and due to the unfavorable foreign exchange rates. The market leader in direct selling of...

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Nielsen: Consumer Confidence in Hungary is in depths

Hungary has the lowest consumer confidence index for five consecutive quarters, among the worldwide tested fifty-eight countries. Although a slight improvement occurred, tthird-quarter index is 37 points, which is 7...

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Fazekas Sándor: the pig sector has future

The Hungarian pig sector can be reneved with the involvement of market participants, and can reach the production level of ten years ago in terms of employment and production –...

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Pork industry: big changes on an international level

A striking feature of thehog industry has been the rapid shift to fewer and larger operations, associated with technological change and evolving industry structure. The United States is the world's...

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Hungarian flavors at the world's most important food exhibition

The Magyar Ízek Kereskedelmi Szövetség Zrt. (Trade Association of Hungarian Flavours Ltd.) successfully represented the Hungarian craft producers in France, The Trade Association of Hungarian Flavours Ltd. promoted gray-cattle meeat,...

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More and more international companies expect Chinese consumers

If we want the global business to flourish,  we should win in China first – WARC writes after consulting several international companies. More and more brand owners consider China in...

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Visa’s contactless cards enters the Hungarian market

Erste Bank introduces payWave-enabled cards of Visa on the domestic market. Thes Visa can compete with Mastercard for market shares on the domestic market, with this step. Visa Electron’s student...

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A Hungarian agency expands in Romania

The Innovative Solutions (IS) Agency opened a its own office in Romania. The company is dealing with communications Innovative POS Solutions. The regional TTL agency is present on the Romanian...

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Economic confidence in the euro zone has slipped back to its three-year low

In October, the consumer and business sentiment index has slipped back to its three-year low, after in Germany and in France economic expectations became bad. According to the Tuesday communication...

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The results of the Cégér wine label competition was announced

The first prize and the additional one million HUF of the Cégér – Jó bornak tervezz címkét! (Sign – Design a label for a good wine!) competition was won by...

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The Italian red wine received a Smart Phone application

Tasting cannot be carried out virtually, but the free smartphone application gives every information about the Brunello di Montalcina one of the most famous Italian red wine. The iBrunelloHD  application...

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The SME sector may be the key to the economic growth in Hungary

According to the recently published a report of the European Commission, the stuation of the Hungarian enterprises in most of the 10 indicators of the Small Business Act (SBA) are...

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