News and articles

Magazine: Germany: Will wholesale be Amazon’s next victim?

In Germany Amazon is intensifying its efforts in the B2B channel by courting wholesalers for cooperations. The wholesale sector is experiencing consolidation and Amazon’s move can speed this up; offering...

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The net surplus of EU funds to Hungary exceeds 11 thousand billion forints

Since joining the EU, Hungary has received more than 11,000 billion forints as EU support by 2017, as it has paid into the community – the head of the European...

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GVH: MediaMarkt can acquire control over Tesco’s electronics business in nine stores

MediaMark can control the electronics business in Tesco’s nine stores – the Economic Competition Authority (GVH) told MTI on Friday. According to the announcement, the GVH concluded that MediaMarkt’s acquisition...

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You can still apply for the “Consumer Protection Expert of the Year 2018” award

One week and the deadline for submitting “Consumer Protection Expert of the Year 2018” award applications will be completed. For the purpose of recognizing the work of thousands of consumer...

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New CEO at Nielsen Market Research

From 1 January 2019, Szűcs-Villányi Ágnes performs the managing director duties of Nielsen in Hungary. Ágnes joined Nielsen’s manufacturer consulting team in 2004 and soon became a regional manager of...

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The Bocuse d’Or World Final will be held next week

Twenty-four national teams will compete at the world’s most prestigious chef competition, the Bocuse d’Or World Finals, on January 29-30, in Lyon. Hungary will be represented by Pohner Ádám. Paul...

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The dm supports families in need

This year, the dm supports families in need again to help them with a diaper donation under the “Together for Each Other” program: 6500 boxes of diapers are delivered to...

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Bónusz Brigád reached record turnover at Christmas

Bónusz Brigád, the largest Hungarian bonus-coupon site, has outperformed all expectations during last year’s Christmas period. In December, with a 50 million HUF rise its turnover reached a total of...

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Fitch: the growth of the Central and Eastern European EU economies is slowing down

The cyclical growth of the Central and Eastern European EU economies is likely to have peaked last year, but will remain relatively robust over the next two years, with exceeding...

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Common Agricultural Policy resources must also be kept at their current level during the upcoming EU multiannual financial framework

At the high-level Brussels conference on the European Union budget for the 2021-2027 period, held with the participation of the European Commission’s Vice-President and Commissioner for Budget, Minister of State...

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The number of workplace accidents continued to decline in agriculture

The employers in agriculture reported 837 accidents at work in 2016 and 654 in 2017, and according to the preliminary data, the number of work accidents continued to decrease last...

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ITM Minister of State: 119,000 applications were received for household appliance replacement

The home warmth household appliance replacement program has received 119,000 applications, of which 40,000 have been criticized and all have received support – Weingartner Balázs, Minister of State of the...

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Business atmosphere is at a three years nadir in Germany

In January, the business sentiment index of the ifo economic research institute at the University of Munich in Germany fell to a three-year low. In January, the Ifo Institute for...

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Equilor expects slower economic growth

Equilor expects a slowdown in economic growth in Hungary this year, and expects the forint to turn into a weakening path after the beginning of the year and to reach...

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Wines from Eger and Sopron won the Grand Prize of the Hungarian Wine Writers’ Circle

The Hungarian Wine Writers’ Circle awarded the wines of the wine regions of Eger and Sopron this year – the organizers announced at a press conference in the Déri Museum...

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The EU has brought an action against Hungary due to the restriction of retail margins

The European Commission has brought an action against Hungary at the Court of Justice of the European Union for limited margins on the retail sale of agricultural and food products...

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The government provides tens of billions of forints for irrigation development

The government provides additional resources of 34.8 billion HUF for the operation of water irrigation infrastructure by 2024 and 17 billion HUF annually for the development of state irrigation-related state...

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A new logistics leader at Dreher

At the end of last year, Krunity Milán took over the management responsibilities of the Dreher Breweries Zrt. The specialist came to Dreher from the Waberer’s Group, a determining European...

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This year’s kitchen garden and pet social program was announced

The 2019 kitchen garden and pet social land program was announced, the application can be submitted by the end of January – the Deputy Minister of State of the Ministry...

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Syngenta’s novelty is not only protective, but also a surplus

In the past seven weeks, Syngenta has met over five hundred farmers in seven cities. The company’s experts have presented special solutions to the participants, which lay the foundations for...

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Coca-Cola x Highlights of Hungary: looking for the most exciting sustainable community

Domestic successes, exemplary performance, inspirational stories, value-creating projects, and finding and embracing all these without categories, independently – the Highlights of Hungary has been working for years on these. Due...

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The Czikkhalas Kft. modernizes its fish farm

The Czikkhalas Kft. modernizes its fish farm with about 80 million forints investment, of the 50 percent support of the Hungarian Fish Management Operational Program (Mahop). In the framework of...

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The support documents of the home appliance replacement program to arrive until March

Until the beginning of March, all applicants will receive the support documents for the Home Appliance Replacement subprogram of the Home Heat Program – the Minister of State of the...

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European Commission: 99 percent of intervention stocks of skimmed milk powder are sold out

In the latest tender-based sales, 18,514 tonnes of skimmed-milk powder was sold by the European Commission through public intervention which is 99 percent of the stocks – Phil Hogan, Commissioner...

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Procter & Gamble published a better report than expected

The quarterly earnings of the world’s largest consumer goods manufacturer, Procter & Gamble’s (P & G) ibncreased more than expected primarily due to organic sales growth – tozsdeforum.hu wrote. On...

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Magazine: Discount supermarkets are flourishing even in the hardest markets

By opening new stores and increasing their share in people’s FMCG spending, discount supermarket chains are expanding all over Europe. Multinational discounters can compete with leading national retail chains thanks...

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PM: companies intend to increase wages by 10 percent this year

According to the feedbacks, the companies are trying to increase their wages by around 10 percent or a little more this year – Marczinkó Zoltán, Deputy Minister of State of...

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Ten percent wage increase is expected at Penny Market

Similarly to the previous year, the Penny Market Kft. is planning a 10 percent wage increase this year and it is also developing the fringe benefit system as well –...

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The National Association of Hungarian Wine Orders clebrated the 30th anniversary of its establishment

The National Association of Hungarian Wine Orders clebrated the 30th anniversary of its establishment with the first meeting of the Carpathian Basin Wine Orders. The event was held on Tuesday...

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Theodora announces a photo contest for the lovers of the winter Balaton

This year the mineral water of the Balaton-Felvidék, Theodora launches a special photo contest. The mineral water brand awaits photos on Instagram on the Lake Balaton and the Balaton Highlands...

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