Market News
We are worried about how data is stored
A study commissioned recently by SUSE has revealed that traditional data storing strategies of companies are unable to keep up with the speed of data volume growth, and 70 percent...
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Magazine: Hairless skin or well-groomed facial hair?
In the hair removal/shaving category ALVEOLA Kft.’s X-Epil brand offers products to women. Product manager Mariann Varga told our magazin that the company’s sales had grown in both value and...
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GKI: Business expectations fell sharply in June
After reaching its two-year low in April and an improvement in May, the GKI economic sentiment index fell to its level of early summer 2017. The deterioration in business expectations...
Read moreThe unified food chain is the basis of consumer safety
The elements of the food chain cannot be separated, they can only guarantee the safety of consumers in unity, basing on modern food safety – the Minister of State of...
Read moreThe SME strategy for ITM aims to increase the productivity of domestic SMEs
The main goal of the SME strategy for the innovation portfolio is to provide predictable frameworks for the entire sector, and to enhance the value creation capacity of a company...
Read moreMinister of Agriculture: supports serve the competitiveness of beekeeping production
The approximately 6 billion HUF subsidy serves the sustainability and competitiveness of production of beekeeping that will be provided to the apiary profession in the next three years – Nagy...
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AM: the ice reduction system is effective
The damage data so far prove the effectiveness of the ice-reduction system. The scale of ice damage in agriculture has fallen in magnitudes – Nagy István Minister of Agriculture wrote...
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Hungary establishes a port and logistics base in Trieste
Hungary is establishing a harbor and logistics base in Trieste, so that Hungarian companies exporting overseas can quickly and unhinderedly deliver – the Minister of Foreign Affairs said in Mogyoród...
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Magazine: 3, 2, 1… zero!
Value sales augmented by nearly 12 percent in the soft drink market in 2018. According to Dóra Pessenlehner, shopper marketing manager of Coca-Cola HBC Magyarország, the sales growth was driven...
Read moreSwine fever is a growing problem globally
The African swine fever, one of the most terrible animal disease appears in more and more countries, in recent years – origo wrote. Where the disease-causing virus emerges, it poses...
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Cash use cost 400-450 billion HUF a year for the country
The amount of cash in circulation in Hungary is very high at over 6,000 billion HUF, which costs about 400-450 billion HUF annually to the country – Balogh László, Deputy...
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The most important professional reward for corporate responsibility is renewed In 2019
The “Effekt 2030 – Community Investment Award” encourages business participants to make a visible and measurable contribution to sustainability through their social and environmental investments. The transformation of the award...
Read moreNébih warns of plant pests
There has been a sharp increase in the number of bumblebee species across the country – the National Food Chain Safety Agency (Nébih) warned soybean farmers. In addition to soya,...
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More than 320 million HUF worth fake dresses were found near Nagylak
Finance officers found more than four thousand fake clothes and accessories in a truck near Nagylak. The shipment worth 320 million HUF was seized – the National Tax and Customs...
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The consumer sentiment in the European Union has deteriorated
Consumer sentiment in both the euro area and the EU as a whole worsened in June – according to the preliminary data released by the European Commission’s Directorate-General for Economic...
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GKI: Forecast for 2019
Contrary to expectations, the Hungarian economy did not start to slow down in the first quarter of 2019, and it even accelerated to record speed. Based on this, GKI raised...
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Magazine: Commercial vehicles: Safety is an important factor
There is growing demand for hybrid and electric commercial vehicles. One of the most popular e-commercial vehicles is the Nissan e-NV 200, which can go up to 200km with a...
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The FMCG sector is developing fastest in the e-commerce market
It has grown by nearly a fifth and reached 41 billion forints a year in online commerce of fast-moving consumer goods (FMCG) in Hungary Világgazdaság Online citing eMAG’s announcement. With...
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Minister of Agriculture: the Hungarian aquaculture industry has a huge opportunity
The rules for the distribution of EU fisheries subsidies after 2020, adopted by the Agriculture and Fisheries Council, represent a huge opportunity for the Hungarian aquaculture industry – Nagy István,...
Read moreThe development of water management and agriculture must be coordinated
Water management and agriculture should be developed in harmony with each other – Feldman Zsolt, Minister of State of the Ministry of Agriculture (AM) said at a professional conference in...
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FruitVeB: lots of rain increase plant protection spendings
The weekend storm caused damages on a few thousand hectares in the orchards, but fortunately in the major vegetable-growing districts, there was less destruction. But to the east of the...
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Reducing VAT frauds brought more than 500 billion for the budget
The reduction in VAT frauds brought more than 500 billion HUF profit for the budget. The G7 calculated how much Hungary won by reducing VAT frauds. It is easiest to...
Read moreMonks are fighting with online reservations against resellers
The Belgian monks have chosen a specific way to reach that only individuals could buy their highly sought after beer and to filter out those resellers who sell the special...
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Forty-five thousand dollars for two melons
Two melons were auctioned in Yubari, Japan, and the bidding was stopped by the first customer because the buyer offered 45,000 dollars – origo wrote. Photo: THE YOMIURI SHIMBUN /...
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Magazine: Moscow: a place where we can learn a lot
At the end of March I flew to Moscow to visit the POPAI Russian Awards in-store display contest, and to participate in the POPAI meeting as president of the Hungarian...
Read moreAM: 435.7 billion forints have already been paid in the rural development program
In the rural development program (vp) 435.7 billion HUF was paid already to the applicants, 34.2 percent of the 1274.6 billion HUF commitment – the Minister of Agriculture informed on...
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From the end of June, a new support helps to keep skilled workers in agriculture
The Ministry of Agriculture (AM) has developed a new support scheme for the poultry and pig sector. The applications for support can be submitted to the Hungarian State Treasury from...
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Try it before you buy it! Brands can be tested at the weekend at the BRAND TESTER Park
The speedy expansion of webshops made shopping more convenient and faster – whether it was clothes, food or services. The only downside is that we can’t try the products we...
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