News and articles

KSH: Foreign trade export surplus remained over 5.5 billion euros in 2018

In 2018, the value of exports in euro was 4.2 percent, the value of imports 7.3 percent higher than in the previous year; the Central Statistical Office (KSH) reported its...

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Nagy István: The development of the vine and wine sector is important in many ways

The development of the vine and wine sector is not only a cultural but also a serious economic and social interest, where more than 40,000 farmers in Hungary are currently...

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MLBKT: the purchasing manager index has increased

The seasonally adjusted February value of the Purchasing Manager Index (PMI) was 55.7 points after the 54.7 points of January. According to the results, the Hungarian Logistics, Purchasing and Inventory...

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Excellence in Customer Service: Telenor won 5 prizes in 3 categories

As a result of digitization, online and telephone channels are becoming more and more popular in customer service, while customers still need personal contact with their service provider. According to...

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ChinaCham Hungary and HUNGRAIL signed a cooperation agreement to expand rail freight

In order to increase the competitiveness of rail freight, the HUNGRAIL Hungarian Railways Association signed a cooperation agreement with the ChinaCham Hungarian-Chinese Economic Chamber. One of the main goals of...

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Newer companies have joined the agreement against the distribution of counterfeit products

New internet platforms and brand owners joined to the agreement against the distribution of counterfeit products that was established in 2011 and was strengthened in 2016 – the European Commission...

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Euro area inflation accelerated in February

In February, the pace of the rise in consumer prices in the euro area accelerated, but only slightly, below the European Central Bank’s 2 percent target. According to the preliminary...

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The US consumer sentiment deteriorated in February

The US consumer sentiment deteriorated strongly in February – according to the Michigan University’s regular monthly survey that was published on Friday. The consumer sentiment index decreased from the previous...

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Nesquik in recycled paper packaging to be produced in Szerencs

Nestlé announced the launch of Nesquik All Natural, new chocolate that is produced with 100% natural ingredients and will reach consumers in recyclable packaging. This product has already been launched...

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Magazine: Mohács abattoir supplies shops with premium quality meat

Abattoir MCS Vágóhíd Zrt. became a Hungarian Product trademark user at the end of 2018. The strategic partner of the Bonafarm Group can use the trademark on their premium products,...

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GKI: Tsunami of government programmes

The Hungarian economy grew by 4.9 per cent in 2018, and it was probably the second fastest growth rate in the EU after Poland. In the past decades, faster growth...

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(HU) A Tesco energiamenedzsment projektje is bemutatkozik

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

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A colourful and exciting year is waiting for OREO!

OREO cookies were introduced in the USA in 1912, but in the last more than 100 years the product conquered the world to become the No.1 biscuit brand in the...

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The Hungarian economy grew by five percent last year

In the fourth quarter of last year, gross domestic product (GDP) increased by 5.1 percent, compared to the same period of the previous year. According to the seasonal and calendar...

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Magosz and NAK to start a signature collection for the preservation of EU funds

The Association of Hungarian Farmers and Farmers’ Cooperatives (Magosz) and the National Chamber of Agricultural Economics (NAC) to start a signature collection in order to prefent EU agricultural resources from...

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Borsodi will start the 2019 beer season under the leadership of a new senior brand manager

From February, Spiegel György, the new senior brand manager oversees the renewal of one of the most popular domestic brand in Hungary. A specialist coming to Borsodi Brewery brings decades...

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Twenty-one wines were selected for this year’s Ministry of Foreign Affairs’s wine selection

Twenty-one Hungarian wines were selected for the wine selection of the Ministry of Foreign Affairs (KKM), and the wine packages that illustrate the characteristics of the Hungarian production sites will...

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Companies that raise customer service levels can increase their sales by up to 20-30 percent

ClientFirst Consulting, which tests more than 1,500 stores and customer service points and evaluates 6,500 customer reviews, has announced this year’s Excellence in Customer Service Awards. The performance of Hungarian...

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The price of coffee can fly from the bottom to the top

In recent years, the world market price of coffee fell to a ten-year low, but according to the Equilor Investment Co. Ltd., this trend may soon be reversed – origo...

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A professional draft of the development strategy for digital services in Hungary has been completed

A professional draft for the development strategy for digital services in Hungary has been prepared, which aims to create a predictable, stable and supportive regulatory environment for domestic businesses, and...

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The University of Szeged started a research to reduce the risk of swine embryo deaths

The University of Szeged launched a research to reduce the risk of swine embryo deaths with the partners of the University of Szeged, with theUBM Feed Kft. and the ADEXGO...

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The Hungarian race of the Red Bull Air Race to be held in Zamárdi

The Red Bull Air Race will be held in Zamárdi between 12-14 July – Csákovics Gyula (independent) Mayor of Zamárdi told MTI on Friday. In the past few weeks, the...

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The German retail trade started the year with a two and a quarter year record

German retail sales in January this year have not increased in such an extent since January 2016. The German Federal Statistical Office, Destatis announced on Friday that German retail sales...

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Magazine: Who is growing faster?

According to a study about FMCG retailers’ cooperatives published on the LZ Retailystic website of German trade magazine Lebensmittel Zeitung, expectation is that the market share of cooperatives will decrease...

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(HU) A MOL az új típusú üzleti képességek fontosságát hangsúlyozza

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

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KSH: investments grew by 17 percent last year

Last year, the volume of national economy investments increased by 17 percent to the highest level measured so far, and the fourth quarter also saw a 17 percent increase compared...

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Advertising Cake 2018: Trust in print is still strong

The 2018 advertising cake was presented on 27 February 2019 at a press conference organized by professional organizations, where Kovács Tibor, president of the MLE, presented the results of the...

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MFB and the Chamber of Agriculture have entered into a cooperation agreement

The Hungarian Development Bank (MFB) and the National Chamber of Agrarian Economy (NAK) have entered into a cooperation agreement, with the two institutions developing financing products and services for the...

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Television advertising revenues are over sixty billion forints

The amount of domestic television advertising revenues exceeded 60 billion HUF last year – according to the analysis of the Association of Hungarian Electronic Broadcasters (MEME) and EY. The advertising...

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European Commission: Hungary has reached the peak of growth

Hungary is approaching the peak of a cyclical growth period, according to an analysis published in the European Winter Package of the European Semester, in which the European Commission considers...

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