News and articles

Analysts: The KSH announced a better than expected GDP data

The growth of the gross domestic product (GDP) in the second quarter has surpassed analysts’ expectations. Although the seasonally and calendar-effect adjusted figures mainly indicate the maintaining of pace and...

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The Agrarian Chamber launches a campaign to introduce new technologies for melon production

A campaign is launched by the National Chamber of Agriculture (NAK) in September, during which the new melon types and production technologies will be presented to the domestic farmers –...

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The decline of cereals is slowing down

Grain is still dominant in Hungary’s production structure – Világgazdaság Online wrote on the basis of the publication of the main crop area of the Hungarian Central Statistical Office. The...

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GKI Digital: Extreme Digital continues to be at the forefront of online retailing in Hungary

Extreme Digital has remained the largest online retailer in Hungary for the fourth time – GKI Digital’s survey reveals. The market researcher has been making a public ranking for the...

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AM: the Visegrád countries are calling for stricter actions against unfair distributors

The Visegrád countries are pushing for stricter actions against unfair distribution practices – the Ministry of Agriculture (AM) told MTI on Wednesday. According to the Ministry, the V4s and the...

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The customer number record has been broken in the ALDI shop in the Sziget

More than 32,000 buyers have visited ALDI’s 375-square-meter store during the first five days of the Sziget Festival, where they could buy at retail prices this year. In the first...

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The Magyarvíz Kft. sold 16 percent more mineral water during the first half of the year

The Magyarvíz Kft. sold 16 percent more bottles of mineral water during the first half of the year than in the same period of last year, the company told MTI....

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Electronic payment is beneficial to everyone at the Cashless Sziget Festival

Financial Awareness Government Strategy adopted by the government is linked in many points to the Sziget Festival, which is the largest music festival on the continent, Hornung Ágnes, Minister of...

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Cigarette prices to increase in September

As a result of the EU regulation, a pack of cigarettes will cost 30-40 forints more from September, and in January and July 2019, the excise tax on tobacco products...

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NAV can fine due to the failing of online billing

The National Tax and Customs Office (NAV) can sanction the failure to provide online account data, and the amount of fines can be 500,000 HUF per account – Sztankó Dániel,...

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Almost half a billion forints logistics development starts in Nagymányok

Almost half a billion forints logistic center development starts in Nagymányok in the former briquetting factory’s service area and the infrastructure of the industrial park will also be expanded. To...

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Growth in retail sales in July was greater than expected

July retail sales in the United States have become significantly higher than expected by analysts. The US Department of Commerce announced on Wednesday that the seasonally adjusted and calendar effect...

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KSH: economy increased by 4.6 percent in the second quarter

According to the raw data, Hungary’s gross domestic product (GDP) increased by 4.6 percent. According to the seasonally adjusted and balanced data, a 4.4 percent increase occured in the second...

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Agricultural producer prices were stagnant

In June, the agricultural producer prices increased to the same level as in the same period last year – the Central Statistical Office (KSH) announced on Tuesday. The price of...

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AM: 1.5 billion forints have already been decided in the fisheries management program

About 1.5 billion forints of support decisions were made in the Hungarian Fisheries Operational Program (Mahop) funded from the EU budget. By August, ie by the end of the summer,...

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Significant wage differences in retail trade

The monthly earnings of retailers working in small shops are around 200,000 HUF – Világgazdaság Online wrote after Blokkk.com. The best-paying micro-enterprise is the gas station, where employees of the...

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NAV: significantly bleached the economy by introducing online cash registers

The online billing launched from 1 July also aims to bleach the economy and reduce tax evasion. This is supplemented by NAV’s free Online Billing System, which can also be...

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The Value and Quality Grand Prix Prizes will be handed over in Parliament on 11 September

The Value and Quality Grand Prix Prizes will be handed over in the Parliament on 11 September. One can apply in 47 topics this year for the new high-quality award,...

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The Street of Hungarian Tastes will opened this weekend

In addition to the typical dishes of the Carpathian Basin, Hungary’s birthday cake can be tasted as well as the winners of the St. Stephen’s Day Bread Competition between August...

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The NAV seized nine million HUF worth smuggled cigarettes in Szabolcs county

The National Tax and Customs Office (NAV) seized nine million HUF worth smuggled cigarettes in Szabolcs-Szatmár-Bereg county. Magyar Norbert, the press officer of the county tax and customs department of...

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The water demand of plants can be calculated

As a result of an interesting experiment in Lower Saxony, it was revealed that it is precisely possible to measure how much irrigation water is needed for a single potato...

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Retail sales in China increased less than expected

In China, retail sales and industrial production grew less than expected in July, according to the statistics agency’s report. In July, retail sales grew by 8.8 percent, compared to the...

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Magosz: the low price of industrial apple puts the farmers into an undesirable position

The low prices of industrial apples are unworthy of farmers, as the cost of production a will not be reimbursed by the producers’ own costs – the Association of Hungarian...

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Where did the corn disappier?

According to the latest official forecast, the cornfield sowing area in Hungary decreased by 130 thousand hectares, compared to last autumn and spring – agrarszektor.hu wrote. The only reason for...

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The country’s largest pasta factory has doubled its capacity

Test production has started at the country’s largest pasta factory in Gyermely. With the start of the new plant, the Gyermelyi Zrt. doubles its pasta making capacity, which is as...

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Nagy István: the gray-cattle has a great future

The fate of the Hungarian gray cattle is a proof that in addition that it has a past and present it has a serious future as well- Nagy István, Minister...

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SuperShop: Hungary’s most popular multi-vendor loyalty program strenghtens with a new marketing leadership

A new marketing leader, Csongovai Tamás strengthens the team of SuperShop team from August 2018. Csongovai Tamás has gained several decades of operational and managerial experience in the FMCG sector....

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Tips for carefree ice creaming

There is no real summer without ice cream, and ice creams make it possible for anyone to refresh in the heat at any time. Experts tell you how to enjoy...

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GKI: most of the retired people would not work

Eighty percent of Hungarian retired people would not take any additional income-generating activity at all, while 11 percent would be willing to work part-time, according to a recent survey of...

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