News and articles
Growth in retail sales in the euro area
Date: 2018-12-05 11:05:32
The volume of retail sales in the euro area was somewhat higher than expected in October, compared to the previous month. Eurostat announced on Wednesday that the volume of retail...
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Digitalisation of the economy can give further growth to Central and Eastern Europe
Date: 2018-12-05 11:04:27
The American McKinsey & Company management consultancy company suggests economic digitization in cooperation for the Central and Eastern European countries to boost their growth. On average, the ten Central and...
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Manufacturers of sweets expect a record annual turnover of over 10 billion forints
Date: 2018-12-04 11:55:17
Seasonal sweets can be in excess of 10 billion forints in December, and annual candy can sales may increase from last year’s 200 billion forints to 250 billion forints. Still...
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GKI raised its GDP forecast to 4.5 percent this year
Date: 2018-12-04 11:50:50
After the third quarter’s 4.8 percent increase, which is one of the fastest growth in the EU, GKI has raised its forecast for GDP this year, from 4.2 to 4.5...
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The turnover of Christmas fondants accelerates before Christmas
Date: 2018-12-04 11:49:27
According to a research commissioned by the Association of Hungarian Confectionery Manufacturers, 86 percent of domestic consumers are planning to buy Christmas fondants – Sánta Sándor, the chairman of the...
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Nagy István: soy production should also be promoted in the future
Date: 2018-12-04 11:25:59
In the future, the cultivation of genetically modified soybeans (GMO-free) in Hungary should be encouraged, and the strategic aim is to preserve and process domestic yields – Nagy István Minister...
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KSH: the economic weight of SMEs is considerably lower than that their proportion
Date: 2018-12-04 11:25:28
The economic weight of the small and medium-sized enterprises (SMEs) is considerably smaller than their proportion. While SMEs provided job opportunities to almost two-thirds (65.2 percent) of the employees in...
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Mészáros Lőrinc purchases the Mezort Általános Befektetési Zrt.
Date: 2018-12-04 11:23:02
Mészáros Lőrinc purchases the Mezort Általános Befektetési Zrt. – the communication company entrusted by the businessman told MTI. According to the statement, the businessman takes over the agricultural company group...
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MLBKT: slower growth in November
Date: 2018-12-04 11:22:53
The seasonally adjusted November value of the Purchasing Manager Index (PMI) was 53.5, ie respondents reported more favorable processes than in the previous month, but the pace slowed down. The...
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14 percent of the Hungarian workers receive a 13th month salary at the end of the year according to a survey
Date: 2018-12-04 11:20:46
14 percent of the Hungarian workers receive a 13th month salary in November and December, averaging 332 thousand forints, typically at larger private-owned private companies – Fizetesek.hu’s survey reveals. 48...
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The global advertising market grew to 552 billion USD
Date: 2018-12-04 11:16:19
This year, the global advertising market closed a great year. The revenues of the the global advertising market increased by 7.2 percent, compared to the previous year, to record levels...
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Christmas pines are already coming to the venues
Date: 2018-12-04 11:15:06
Christmas trees arrive in the first days of December, and a significant part of them began to be cut off at the end of November – Biza Klára, Chairman of...
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The seasonal food chain control has been launched
Date: 2018-12-03 11:45:06
The traditional winter food chain check-up has begun, the action lasts unil the end of the year, and it focuses on almost all products that are linked to holidays, as...
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We’ve got the winners! – MagyarBrands 2018
Date: 2018-12-03 11:42:46
The MagyarBrands program evaluated the outstanding Hungarian brands for the ninth time this year: the domestic brands in excellent consumer, business and innovative categories were able to compete for the...
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The Ministry of Agriculture supports Hungarian honey production
Date: 2018-12-03 11:38:48
Hungarian beekeeping plays a major role in rural development, the preservation of the rural population and the maintenance of ecological balance – the Minister of Agriculture said on Sunday in...
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KSH: the income situation of households improved further last year
Date: 2018-12-03 11:30:08
The income situation of households continued to improve in 2017, but their consumption expenditures also increased – the Head of Department of Quality of Life Statistics of the Central Statistical...
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The consumer protection authority has not found problems in chocolate Santas
Date: 2018-12-03 11:28:20
The consumer protection authority has started the nationwide checks before the holidays, so far the experience has shown that the composition of chocolate Santa Clauses corresponds to the name, fat...
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AM: the Industry 4.0 can contribute to the development of agriculture and the food industry
Date: 2018-12-03 11:26:22
The solutions of Industry 4.0 can contribute to the development of agriculture and related processing industries significantly. The government’s aim is to help and accelerate this process thereby enhancing the...
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A schnitzel can be premium: OMV’s latest sandwich offer to debut
Date: 2018-12-03 11:20:35
Plum cinnamon rolls, Wiener steak, fried pork chop with potato salad – from the beginning of December we can find some of these ingredients in the premium sandwich offering of...
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Cheese dishes book on the world of Hungarian cheeses
Date: 2018-12-03 11:20:25
The Cheese Dishes – From Pasture to Plate book of Segal Viktor and Sándor Tamás reviews the world of Hungarian cheeses. The book that will be published these days will...
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Nearly 2500 electric filling points to be built by Volkswagen at Tesco’s stores
Date: 2018-12-03 11:18:09
The German car manufacturer and the UK trade chain will build the largest UK power supply network. Volkswagen (VW) will install nearly 2,500 electric filling points in Tesco’s six hundred...
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This year’s grain production exceeded 30 million tonnes in Romania
Date: 2018-12-03 11:10:48
In Romania, this year’s grain production exceeded 30 million tonnes after last year’s 27 million tonnes – the Romanian Agriculture Minister Petre Daea announced on Monday. The minister said that...
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Accenture survey: this year, the Y generation is spending the most money on Christmas shopping
Date: 2018-12-03 11:09:16
According to Accenture’s survey, this year US buyers will spend more on Christmas shopping than last year during, and the Millennium (Y generation) will spend the most. The members of...
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Magazine: Shopping mall ban – Part 2: the decree modification permit
Date: 2018-12-03 07:32:08
In early 2015 the so-called ‘Shopping Mall Ban’ law entered into force: according to this, retail trade units with a floor space above 400m² can only be built, converted or...
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GKI: growth is fast but inflation is also fast
Date: 2018-12-03 02:45:15
After a GDP growth rate of 4.8 per cent in the third quarter, which was one of the fastest rate in the EU, GKI, similarly to other forecasters, raised its...
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Nielsen: sales of e-shopping grew by 15 percent globally
Date: 2018-11-30 11:50:30
Online sales of packaged and fresh goods have increased globally by 15 percent over the past two years. As consumers’ confidence in the online shopping ecosystem increases, the range of...
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Hungarian products were popular among families with small children
Date: 2018-11-30 11:35:06
The PromoBox and the MAGYAR TERMÉK Nonprofit Kft. sent information packages promoting Hungarian products to the families of 75 thousand newborn babies. Ten Hungarian Product Trademark Users participated in the...
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Three major food manufacturers have joined the domestic canteen program
Date: 2018-11-30 11:30:53
Three major food manufacturers have joined the Domestic Raw Materials at Hungarian Canteens (HAMM) program. The HAMM was launched by Hungast, the largest public catering company in the country. Strategic...
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Plush unicorn is on podium in the Auchan Christmas toy offer
Date: 2018-11-30 11:27:59
Auchan offers a wide range of games and toys for all ages and also introduces new own-branded toys for this year’s Christmas season. According to the French-based department store chain,...
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Borsodi Brewery’s sales increased this year over the market average
Date: 2018-11-30 11:26:35
The sales of the Borsodi Brewery Ltd. increased this year over the market average and its sales revenue is expected to increase by 10 percent, as in last year –...
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