News and articles

Special taxes are coming again

Minister of Economic Development Gulyás Gergely and Nagy Márton also gave details of special taxes at the government information on Thursday.   Adherence to budgetary plans will require a significant...

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Sure points in uncertainty

Possible responses to changes in the economic environment were discussed at the Business Dinner professional event on May 26th. Nearly 70 people, including several members of the Chain Bridge Club,...

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KSH: almost 4.7 million employees in Hungary

In April, the average number of employees aged 15-74 was 4 million 688 thousand, compared to 4 million 684 thousand in the three-month period February-April, 109 thousand more than a...

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Coop’s turnover increased last year

Coop Economic Group’s sales increased by 3 percent to 674 billion HUF last year, the company told MTI on Thursday. According to the data presented at the general meeting of...

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KSH’s Population Monitor survey begins

The Central Statistical Office’s (KSH) Population Monitor survey on residence and studies begins today; 9,500 people selected to participate have already been notified. The survey, which runs until July 10,...

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30 percent increase in toy sales due to Children’s Day

Due to Children’s Day, the Regio Játékkereskedelmi Kft. is experiencing a roughly 30 percent increase in turnover in the last two weeks of May, compared to an average week in...

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McDonald’s performed well in Hungary last year

The Progress Étteremhálózat Kft., which operates McDonald’s restaurants in Hungary, increased its after-tax profit to 6.665 billion HUF in 2021 from 3.668 billion HUF in the previous year – was...

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Northeast Europe could become the continent’s pantry, according to a study

Northeastern Europe could become the continent’s food pantry, as the region is less tolerant of cereals due to climate change, the Corvinus University of Budapest said in a statement to...

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Cooperation to protect bees

On the occasion of World Bee Day, SIÓ announced that it would sign a cooperation agreement with the National Hungarian Beekeeping Association (OMME) in order to protect Hungarian bees. The...

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GfK’s German consumer sentiment index improved minimally

The German consumer sentiment index of the GfK market research institute improved minimally after falling to a historic low due to the effects of the Russian invasion of Ukraine. The...

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Thus, the increase in energy prices affects the logistics market

Rising energy costs are affecting many sectors as large increases in gas and electricity are observed. Logistics is one of the industries where most of the energy is used for...

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Tender resources and fast payback spin the ERP market

In recent years, the penetration of enterprise resource planning (ERP) systems in Hungary has significantly expanded, and at the same time, solutions are becoming available to smaller and smaller companies....

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Increasing labor migration, 43% of workers would be willing to resign within a year

Four out of ten employees would resign within a year, most of them switching to a higher-paying job, according to an international survey by EY involving more than 1,500 employers...

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Nestlé Health Science to get majority share in protein powder maker Orgain

Nestlé Health Science is to buy a majority share in plant-based protein powder maker Orgain. Founder Dr Andrew Abraham and Butterfly Equity will continue to have minority shares in the...

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Magazine: Will this year’s barbecue season go up in smoke?

Jens Hillebrand, managing director of Trade Group Europe Kft.: “During the pandemic there was an upturn in the grill product market, but we are pessimistic about this year’s season: growing...

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Auchan was the first FMCG store chain to receive an accessibility certificate

In the corporate culture of Auchan Hungary, social responsibility, solidarity and cooperation are prominent. Employing people with disabilities (MMK) is one of the cornerstones of the company’s HR and CSR...

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Analysts: wage outflows have accelerated further

Wage growth accelerated in March, and businesses are also trying to retain the workforce with non-regular payments and bonuses. Analysts told MTI that consumption, fueled by rising real wages, will...

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AM: The new national aquaculture strategic plan will be adopted soon

The new National Aquaculture Strategic Plan, which aims to develop small-scale fisheries, will be adopted soon, the Deputy Secretary of State of the Ministry of Agriculture said at the 46th....

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Eastern EU Member States are hit hardest by rising food prices

The eastern member states of the European Union are hit hardest by rising food prices, the German Federal Statistical Office (Destatis) said in an analysis on Wednesday.   According to...

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Profession.hu: three-quarters of those who leave do not plan to return to their original profession

There are almost two million dropouts in Hungary, three-quarters of them are sure that they will no longer work in their previous profession, only a quarter of dropouts are planning...

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Zwack can pay a dividend of 1,500 HUF per share

The Board of Directors of Zwack Unicum Plc. proposes a dividend of more than 3 billion HUF 1,500 HUF per share – can be read in the invitation to the...

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The Day of Plants is greeted in the university herb garden in Szeged

The organizers of the University of Szeged (SZTE) will greet the Day of Plants on Saturday with scientific lectures and family programs presenting the diversity of the flora and its...

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AM: EU agriculture ministers discuss food security

The European Union has a moral and economic duty to increase its agricultural production, but it is essential to rethink the measures that will reduce production, Feldman Zsolt said in...

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The German economy has not yet reached pre-pandemic levels

Germany’s gross domestic product (GDP) was 0.9 percent lower in the first quarter of this year than in the fourth quarter before the coronavirus pandemic, the Federal Statistical Office (Destatis)...

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Protection is an investment in the agriculture of the future

Hungarian plant breeders have recently received more than HUF 1 billion in funding through the Variety Protection Non-Profit Ltd. The resource makes a major contribution to their breeding-related research and...

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MLSZKSZ: 5 million tons of grain could come from Ukraine via Hungary every year

In Hungary, along the border – in Záhony and Fényeslitke – there is already a significant transhipment capacity, which, however, can be used to a very limited extent due to...

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Hungarian startup development is integrated into SAP payroll software

The Hungarian Swipe Technologies Kft. Behind Salarify announced its cooperation with SAP Hungary Kft. This allows SAP to offer digital administration of employee benefits and flexible payment of earnings to...

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(HU) Élelmiszerinnovációkért dolgozik a MATE és a PENNY

Sorry, this entry is only available in HU....

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Contactless shopping in a growing number of Maxima stores

In Riga Maxima Latvija makes its Skenē pats! (Scan it Yourself!) contactless shopping service available in all 15 Maxima stores. By using the retailer’s app, shoppers can scan the goods...

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Continente BIO adds more kombucha products

Portuguese retailer Continente has added two new SKUs to its kombucha range, in raspberry and coconut flavours. The products belong to the Continente BIO range, they are free from preservatives...

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