News and articles
After seven years of steady growth, a decline in retail
The continuous growth in retail trade, which had lasted for seven years, was interrupted after, according to the Central Statistical Office (CSO), the volume of store sales fell by 10.2...
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New leaders at Nestlé
From August, Alberto Vercelli, who previously held the position of business leader in the South American region, will take over the management of Nestlé’s Hungarian Nespresso business. At the same...
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Almost a third of SMEs are unaware of the latest billing rule changes
The rules related to invoicing will change from July 1, and Számlázz.hu conducted a representative survey by interviewing SMEs and sole proprietorships. Among other things, the survey found that manual...
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This is what is most expensive among foods
In May 2020, consumer prices were on average 2.2% higher than a year earlier. Over the past year, the prices of food and spirits and tobacco products have risen significantly....
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Henkel joins major global climate advocacy effort
Henkel is among 155 major global companies from 34 sectors, which have signed a statement urging governments around the world to align their COVID-19 economic aid and recovery efforts with...
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Lidl celebrated its 15th anniversary last year
Last year Lidl celebrated 15 years in Hungary. Right now the discounter has 3 logistics centres and 182 stores, and it employs more than 6,000 people. Almost 60 percent of...
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Edeka Adds New Products To Its Private-Label Brand Mìng Chú
German retailer Edeka has added new vegan products to its private-label Asian food brand, Mìng Chú. The range offers authentic taste and flavour of far eastern cuisines from China, Indonesia...
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Packaging Industry ‘Susceptible, But Not Immune’ To COVID-19 Disruptions: Moody’s
A new report by Moody’s has found that the packaging sector in Europe by and large has had low exposure to the COVID-19 pandemic, although some companies are more vulnerable...
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Brazil’s Mercado Extra To Open 50 New Stores In 2020
Brazilian retail group GPA is planning to open 50 new stores under the Mercado Extra format by the end of 2020.The new supermarket format, launched two years ago, already boasts...
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US video game sales hit historic high
Total industry consumer spending on video gaming in the U.S. reached a record $10.86 billion in the first quarter of 2020 (January– March), according to the Q1 2020 Games Market...
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Ipsos: people are taking it more easy now
The easing of restrictions will also have an impact on the behavior of the country’s population. Although personal contact, handshakes and travel on public transport are still avoided by the...
Read moreThe curve of rising food prices is flattening
The curve of rising food prices seems to be flattening in June just like the epidemic curve – this is evident from the results of Privátbankár.hu’s latest Price Basket survey....
Read moreKSH: consumer prices rose by 2.2 percent in May
In May, consumer prices were on average 2.2 percent higher than a year before. The more moderate rise in the price of services than last year played the largest role...
Read moreShop spending may increase slightly in 2020
According to the latest KSH data, we left 6.3 percent less money in store cash registers in May than a year earlier. Thus, with a 10 percent decline, April was...
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Theodora helps the Centrál Theater with a donation of mineral water
The mineral water of the Balaton Uplands supports the Centrál Theater, which was temporarily shut down due to the coronavirus pandemic, with a donation of 2.5 million HUF. At the...
Read moreThe future of home office
During the pandemic, whoever could worked from home, which was a serious challenge for many companies, but even for more workers. Penzcentrum.hu has embarked on a large-scale survey to find...
Read moreSzázadvég: most businesses still expect improvement for this year
The Századvég Gazdaságkutató Economic Researcher asked thousands of managers of small, medium and micro enterprises (SMEs) in recent months about how they perceived the economic situation and how their business...
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Approaching the deadline from July 1, all B2B invoices will be seen by the tax office
An important stage in the whitening of the economy was the fact that from 1 July 2018, the legislator made invoices generated in business-to-business (B2B) transactions with a VAT term...
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KSH: foreign trade deficit was 611 million euros in April
In April, euro-denominated exports fell by 37.9 percent and imports by 28.4 percent from a year earlier, the Central Statistical Office (KSH) reported on Tuesday, according to its first estimate....
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#veddahazait movement helps those in need with domestic parcels
Hungarian Product Nonprofit Ltd. has a special program named “Purchase domestic products! Defend your country! ”, which seeks to overcome economic difficulties and preserve jobs, and has extended its activity...
Read moreFidelity: the New World Economic Order
Fidelity experts believe that the Covid-19 crisis will encourage decision-makers to take a step change, accelerate ongoing trends and reshape investment frameworks. The main features of the new order will...
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Tuna supply is in trouble
The tuna fishery was also hit by the crisis, after the restaurants closed due to the coronavirus pandemic, so the demand decreased – according to Euronews. Protection also makes work...
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Euro area and EU GDP declined at a record pace in the first quarter
Compared to the previous quarter, euro area and EU gross domestic product fell by the largest amount ever recorded in the first quarter. The European Union’s statistical office, Eurostat, said...
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Employment has fallen in Europe
Employment declined in the euro area and the European Union in the first quarter, compared to the last quarter of last year. The European Union’s statistical office (Eurostat) said on...
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István Nagy: whoever stops improvments, loses market
There is only one right decision in the situation after the coronavirus: show must go on, because whoever stops, lags behind and loses market, the agriculture minister said in Pacsa...
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A new image and rethinking membership fees – Hungarian Public Relations Association redesigns
Last November, the new presidency of the Hungarian Public Relations Association (MPRSZ) was elected, and they started to achieve the set goals with steam, but the plans were overwritten by...
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Brand building in the labor market during and after coronacrisis
How to continue employer branding? Is it possible to talk about employer branding during the global crisis? Among other things, these issues will be addressed at the Branding in the...
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Let’s celebrate June 10, International Ice Tea Day together!
Summer includes delicious, fruity, cool iced tea. Not surprisingly, at the beginning of the hottest season, this popular non-carbonated soft drink also had its own holiday. We also consume more...
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Dreher Breweries is ready to help reopen restaurants with 300,000 free glasses of beer and advice nationwide
Dreher Breweries is ready to help 3,000 restaurants with a free keg of beer. The aim of the action is to enable catering units that have found themselves in a...
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