News and articles
The German economy could recover in nine months, according to the ifo forecast
The gross domestic product of the German economy will fall by 6.6 percent this year, based on the revised version of the Ifo Institute for Economic Research in Munich’s 2020/2021...
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The domestic poultry sector is now in the depth of the pit
In addition to the coronavirus epidemic, the forint-euro exchange rate and bird flu, declining production is slowly beginning to have an impact on the poultry market. The sector may have...
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Hungarian agriculture will receive another 80 billion HUF in support
By August, it will announce another agricultural tender package with a budget of HUF 80 billion, and it will create 9 decrees in this regard, said Minister of Agriculture István...
Read moreLidl launches grill season with cannibals
With nearly seventy different grill products, a wider selection and grill tools made from environmentally friendly alternatives, Lidl Hungary is launching this year’s baking season, with the pace provided by...
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Companies are clearing off their portfolios all over the world
Ersnt and Young’s Global Capital Confidence Barometer survey indicates when executives expect the upturn to begin, and what they’re doing to prepare for it. The Capital Confidence Barometer survey forms...
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(HU) Az online térbe költözik a Zöldülők Vására
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Let your shop be a StarStore
Trade magazine is announcing a StarStore (formerly known as SuperStore) competition this year. The StarStore competition has a chance to start with sales points where the design best suits the...
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Fitch: Coronavirus Shock Broadens
The economic fallout from the coronavirus crisis continues to broaden and deepen but Fitch Ratings’ forecasts are starting to show some signs of stabilisation. Activity levels should start to rise...
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NMHH: number of advertising spots has decreased
Compared to the beginning of March, the number of advertising spots decreased by about ten thousand by the end of the month, the authority’s communications directorate told MTI on Wednesday,...
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KSH: emplyment decreased by 56,000 February-April, compared to the year before
In the three-month period of February-April, the average number of employees was 4 million 436 thousand, 1.2 percent ie56 thousand lower than a year earlier – the Central Statistical Office...
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Walmart joins secondhand resale
Beginning 27. May, Walmart is offering some 750,000 pre-owned women’s and children’s clothing, accessories, footwear and handbags through a new partnership with resale site ThredUp. Free returns can be made...
Read moreFor the third time, Menczer Magyarország is one of the most popular investment locations
For the third time in a row, Hungary was named one of the world’s most popular investment sites by the American magazine Site Selection, and for the third time in...
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Coca-Cola HBC also brings irresistible Costa coffee to Hungary
The Hungarian company of Coca-Cola HBC, is introducing numerous new products for Costa coffee for home, takeaway and work use. Among the European countries, the Costa brand, acquired by The...
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Retailers are also supported by the state
The special retail tax, which was reintroduced from May this year, and the opening restrictions on a significant number of stores from mid-March to mid-May have adversely affected many retailers....
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The activities of the GVH in 2019 in a nutshell
On 27 May 2020, the Economic Committee of the Parliament adopted a report on the activities of the Hungarian Competition Authority (GVH) in 2019 and its experiences related to the...
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According to a survey, a third of shoppers spend more than 6,000 HUF on children’s day gifts
32 percent of shoppers spend more than 6,000 forints on children’s day gifts, the most sought-after are outdoor and creative games, books, painters and sports equipment – the Regio Játékkereskedelmi...
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Szerencsejáték Zrt. has taken its strategic cooperation with the Self-Regulatory Advertising Board to a new level
The Szerencsejáték Zrt. and the Self-Regulatory Advertising Board (ÖRT) signed a cooperation agreement, in which they strengthened the cooperation of the last ten years, and at the same time raised...
Read moreFitch: we must prepare for this year’s deeper-than-expected global recession
This year’s global economic recession will be much deeper than previously expected, including the still deepening crisis caused by the coronavirus pandemic in large emerging economies, including Russia, Brazil and...
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Measures are being further eased by the countries of the Western Balkans
The curfew has been lifted in northern Macedonia, and curfews have been eased in Kosovo and borders will soon be opened. In Serbia, the number of identified infections increased from...
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New director at Edenred
Tamás Szendrő will hold the position of Managing Director from April 2019 at the head of Edenred Magyarország Kft. Tamás Szendrő has more than 15 years of management experience both...
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Lidl Switzerland Partners With Empa For Sustainable Energy Project
Lidl Switzerland has announced that it has joined forces with Empa to develop a system that generates fossil-free fuel from excess renewable electricity. The project will see the development of...
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Spar Croatia Adds Locally Sourced Organic Eggs To Its Assortment
Spar Croatia has announced that organic eggs of local origin are now available in Spar and Interspar stores across the country. The move highlights the retailer’s aim to promote the...
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Aldi will install TRAFFIC LIGHT system on store doors which will keep them closed if there are too many customers inside with marshalls on patrol to maintain social distancing
Customers at Aldi will be told when they can safely enter one of its supermarkets by a new traffic light system installed on the doors. The German budget retailer said...
Read more(HU) Hosszú távú ingatlanfejlesztés a Balatonnál
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Employment in food supply across EU regions
In 2019, 15.9 million people aged over 15 were employed in the food supply sector in the European Union (EU), representing 8% of total employment. Their role is crucial for...
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Mastercard has changed online shopping habits in Europe and Hungary
Online shopping has surpassed all other forms of spending in the past month: more than a third (35 percent) of Hungarians say they have never bought as much online as...
Read moreThis is how you can order online from retail chains
After the initial shock, the store chains, which also undertake delivery, have recovered: now most stores can be ordered online without restrictions – penzcentrum.hu wrote. Auchan revealed how much capacity...
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In emergency, the government supports donations with special tax exemptions
The already favorable tax rules for donation have been overridden by the coronavirus pandemic. In the current situation, there are even more exemptions and even more discounts. Hungary supports donors...
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HENT: Fake slimming products can cause allergic reactions
More and more counterfeiters are taking advantage of the growing demand for various slimming drugs in late spring, early summer, and even promising life-threatening products to consumers, promising to achieve...
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