News and articles
Takarékbank: personal loan lending may increase to fivefold by the end of the year
After the pandemic subsides, the demand for personal loans may increase, the volume of 5 billion HUF placed with Takarékbank by the middle of April may jump fivefold by the...
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AM: successful small business tender
More than 1,000 farmers have already won support in the small-scale tender, said Minister of Agriculture Nagy István, according to the ministry’s statement on Wednesday. The Minister drew attention to...
Read moreLogistics companies are pushing for more effective control of transport
Licensed non-EU carriers cause hundreds of billions of forints in revenue loss in the domestic carrier market and ten billion forints revenue loss to the budget due to non-payment of...
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The hourly rate for blue collar workers has not yet reached the level of HUF 1400
In the first quarter of this year, the average gross hourly wage of skilled and trained manual workers was HUF 1,388, according to Trenkwalder’s analysis of wage data for nearly...
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Customers return with new strategy after forced closure
The attendance of the technical stores is approaching its pre-closure period. The company was waiting for visitors with stockpiles. Since the stores reopened, shoppers have been buying technical items like...
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The Hungarian company car market is holding up: company leaders are thinking almost exclusively about buying new cars
As a result of the coronavirus outbreak, a third of Hungarian ceos took a waiting position on the expansion of the company fleet and postponed the purchase of cars, while...
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China’s investment mood slows in Europe
The buying mood of Chinese companies is at a multi-year low not only globally, but also in Europe. At the same time, investment incentives remain strong, which could help Chinese...
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Walgreens rolls out 2-hour delivery nationwide
Walgreens announced on 4. May that it has launched contactless delivery in under two hours nationwide. Customers nationwide are now able to order more than 24,000 items directly from Walgreens for Same...
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Lidl offers shoes made of used PET bottles
For the first time, Lidl Hungary its own-brand shoes made from 100% recycled PET bottles, giving new life to old plastics. The speciality of the new products is that 25%...
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Dachser Food continues with new leader
A new leader is welcomed Hungary ‘s Dachser team of one of the leading logistics companies in the world. Tamás Horváth, the new head of the food logistics business, was...
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Hungarian manufacturing companies can apply for €5 million
EIT Manufacturing, the European Institute of Innovation and Technology’s organisation supporting manufacturing technology innovations, is launching its regional innovation programme RIS (RIS) again this year. The aim is to increase...
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(HU) Munkaviszony és a covid: mire jó a védettségi igazolvány?
Sorry, this entry is only available in HU....
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New opportunity for Hungarian customers to reduce their net carbon footprint
Starting today, Shell Hungary Zrt. will make available an offer to neutralize the co2 emissions from the use of fuel purchased at Shell service stations. Forestry and Land Scotland is...
Read moreITM: everything seems to be fine in the vast majority of stores
Slowly, it’s been a month since stores that sell non-daily consumer goods could reopen. Compliance with the related emergency rules are monitored by the consumer protection authority for three weeks....
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Ministry of Agriculture was successful in the professional consultation on the green standards of agricultural subsidies
The professional consultation on the environmental and climate protection regulations of the area-based agricultural support system planned to operate in the period after 2023, involving thirty agricultural professional organizations, environmental...
Read moreCBRE: the value of real estate investments increased in the first quarter
Hungarian real estate investments were worth 179 million euros in the first quarter, up 27 percent from a year before, CBRE, the world’s largest commercial real estate and investment company,...
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Vajda-Papír’s sales increased by ten percent last year
The sales revenue of the Vajda-Papír group, which manufactures hygienic paper products, increased by ten percent to 52 billion HUF, its profit before tax and interest and depreciation (EBITDA) amounted...
Read moreConsumer sentiment has continued to improve in the United States
With higher-than-expected monthly growth, the University of Michigan’s consumer sentiment index peaked in April. According to a report published on the institution’s website, the final value of the mood index...
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Harrods open second H beauty emporium
Following the launch of its inaugural store in Lakeside, Essex in September 2020, Harrods has announced the opening of its next stand-alone H beauty destination in centre:mk, Milton Keynes. The 29,000 sq.ft....
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Auchan to receive prestigious awards
For the 13th time, Trade magazine’s “Most Successful Promotion of the Year” competition was held, and this year auchan Hungary was outstanding, as all three of its entries were placed...
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Sustainability tender helps the SME sector to recover economically
Generali Insurance is launching a tender for small and medium-sized enterprises in the areas of employee welfare, environmental protection and responsibility for micro-communities. SMEs can apply for projects that have...
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Amazon had sales income of €44bn in Europe in 2020 but paid no corporation tax
Despite lockdown surge the firm’s Luxembourg unit made a €1.2bn loss and therefore paid zero corporation tax. Fresh questions have been raised over Amazon’s tax planning after its latest corporate...
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SPAR’s grillproducts are increasingly popular
SPAR is looking forward to the barbecue season with an expanded range of goods. In addition to Spar’s own meat and beef products, as well as traditional iron discs and...
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Successful campaigns during the pandemic: Magyar Termék has taken gold and silver from the 2020 promotion competition
Two 2020 campaigns of Magyar Termék Nonprofit Ltd. have won prizes in the “Most Successful Promotion of the Year 2020” competition. Together with Tricky Communication, they applied for the “Hungarian...
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New design for XIXO ice teas
The brand XIXO* is the leading brand in the January-March 2021 piece sales, with a renewed packaging for quality ice teas. Members of the XIXO Ice Tea range are placed...
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