News and articles
The digitalisation of the financial sector can significantly reduce cash use
The digitization of the financial sector can significantly reduce the use of cash. In Hungary, cash in circulation is 15 percent of the GDP and the cost of cash is...
Read moreThe new factory hall of the tobacco factory in Sátoraljaújhely was handed over
With the help of enterprise investment support, the government has supported 95 capacity expansions and other improvements nationwide, with a total of 131 billion forints – Varga Mihály said on...
Read moreGerman retail trade became better than expected
The German retail trade data was much better in October than the expectitons of analysts. German Federal Statistical Office (Destatis) announced on Friday that there was a 5 percent increase...
Read moreUnlimited online shopping to be possible
On 3 December, the EU regulation will come into force throughout the European Union (EU), which eliminates unjustified territorial restrictions on electronic commerce. Andrus Ansip, European Commissioner for the Digital...
Read moreAnother case of swine fever has been reported in Romania
The Romanian Veterinary Authority has detected the virus of African swine fever (ASF) in one of the domestic pig farms in the village of Hegyközkovácsi in Romania. A part of...
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(HU) Kristinus Merlot Cabernet Sauvignon az ALDI-ban
Sorry, this entry is only available in HU....
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Euler Hermes: competition is getting more and more intensive for retailers
Growth in domestic retail trade is further intensifying. In addition to food, Hungarians spend more and more on other consumer goods. However, the increasing cycle of retail sales is approaching...
Read moreKSH: increase in investments accelerated in the third quarter
In the third quarter, the volume of investments was 22.1 percent higher, compared to the previous year, and after the 15.3 percent increase of the second quarter. Growth is driven...
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Half of the Hungarians carry out Christmas shopping via mobile phones
Shopping via mobile phones is at least as casual as the traditional way to shop in a store. In Europe, about 80 percent of the population are ordering products from...
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Five SPAR stores were renewed from more than 2.3 billion forints
The retail company has upgraded two stores in Budapest and three of its rural businesses this autumn. Due to SPAR’s modernization program, the renewed stores await the customers in modern...
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Coop Santa Claus small train in Szolnok for twelve years
Following the traditions, the Coop Santa Claus small train is on the road again in 2018 for the twelfth time. The train is operated in the co-operation of the City...
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Tesco’s customers make Christmas more beautiful with nearly 200 tons of food
Tesco joined again to the Christmas Fundraiser Campaign of the Hungarian Food Bank Association this year. The customers this time contributed with a total of 490,000 doses of food. As...
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Orbit has been supporting the SOS Children’s Villages for the third time
Everyone deserves to smile. For this reason, Orbit has been supporting the children in need for the third time. During the Children Smile campaign of this year, 11,243,788 forints were...
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The Circular Economy Platform was established in Hungary
On 29 November 2018, the Hungarian Circular Economy Platform was established officially as the initiative of the Hungarian Business Council for Sustainable Development (BCSDH), the Dutch Embassy and the Ministry...
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New commercial director at Aquarius Aqua
From October 2018, Czifra András is the new commercial director for Aquarius-Aqua Kft. Headquartered in Albertirsa. Czifra András has more than 25 years of commercial experience. He was working at...
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The CeBIT international fair will no longer be organized
Due to the decline in the number of exhibitors and visitors, the CeBIT International Information Technology Fair in Hanover will no longer be organized – the organizers announced. In the...
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The proportion of conscious food buyers in Hungary is low
The proportion of truly conscious buyers who consider product value such as premium quality, Hungarian origin, fair trade and packaging more important than price is low in Hungary is low,...
Read moreKSH: more than half of the EU citizens purchased online last year
An average of 57 percent of the population of the European Union ordered goods via the Internet last year. The proportion of online buyers is much higher in the UK...
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The SPAR has renewed the Interspar in Miskolc from 1.7 billion forints
In the framework of its modernization program, SPAR Magyarország has renewed its Interspar store, located in Miskolc’s Szinvapark Shopping Center, from about 1.7 billion forints. According to the company’s announcement,...
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KSH: the number of employees increased over 4.5 million
During the three-month period from August to October, the average number of employees was 4 million 502 thousand, 57 thousand more than a year before. The employment rate of people...
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Cappy has three collections this year
Cappy’s “The taste of benefaction is good” campaign aims to draw people’s attention to the importance of giving and to increase gifting spirit and dispelling any doubts that may arise...
Read moreEY: the majority of managers expects the further growth of the economy
Business leaders are more optimistic about the future of the Hungarian economy: 66 percent of them report growth and only 5 percent expect a decline. Respondents are also positive about...
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Great changes to come in the use of EU funds
It will be a serious challenge for the Member States to assess the use of resources in the EU budget cycle of 2021-2027. It may be necessary to plan twice...
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Spruce prices may grow by more than 20 percent this year
The price of the spruce grown in Hungary may grow by 20-25 percent, or by even 30 percent, this year, and could reach 3200 forints per meter, due to the...
Read moreThe sentiment of German consumers is at an annual low
The consumer mood index of the German GfK market research institute fell to its lowest point in December. The German consumer mood index of GfK (Gesellschaft für Konsumforschung) declined to...
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Chinese love Durian
The most unpleasant odor, the spiky Durian is Malaysia’s latest big hit. Though many people sicken of that fruit, Chinese love it. They add it to chips, pizzas, salads and...
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