Market News
The development Hungexpo can start in May
The development of the Hungexpo Budapest Fair Center can start in May – Ganczer Gábor, CEO of Hungexpo Zrt. told at the meeting of the hotel association on Wednesday in...
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PM Minister of State: the ministry would support the solar development of SMEs
Public consultation on the draft of the call for proposals “Supporting the installation of a solar system for micro, small and medium-sized enterprises” within the Economic Development and Innovation Operational...
Read moreHong Kong and Hungary want to strengthen their economic relations
On Thursday, the business delegation of the Hong Kong Trade Development Council (HKTDC) arrived to Hungary for a two-day business visit, led by Edward Yau Tang-wah. Hong Kong and Hungary...
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SMEs intend to invest
Currently 75 percent of the SMEs are currently preparing for some kind of investment. This is the best data since 2007. The intention is even stronger for medium-sized companies, as...
Read moreConsumers want smooth, easy-to-carry out purchases
The customers, who are bombed with a wealth of opportunities are constantly striving to simplify their purchasing decisions. In addition to this, the use of digital technology is driven by...
Read moreSzázadvég forecasts a GDP growth of 3.9 percent for 2019 and 3.5 percent for 2020
Századvég did not change its forecast compared to its December forecast. GDP is expected to grow by 3.9 percent this year and by 3.5 percent in 2020 – the researcher...
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The solvency of Hungarian households improves according to the new index of Intrum
According to the Intrum solvency index (IFI), the solvency of households was the highest last year since 2010, and further improvement is expected in the trend. The new indicator, which...
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Workania: the average gross earnings in Hungary exceeded the 300,000 forint limit last year
Last year, the average gross earnings were 337,500 HUF in Hungary, which represents a 13 percent increase compared to the same period of the previous year – the online research...
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Great Retro Research
The retro fever is raging and people are even willing to pay more for a past product or service – the Tó-retró blog revealed in its research. The most popular...
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Nébih: one can collect only two kilograms of bear garlic for own consumption
One can collect only two kilograms of bear garlic for own consumption in public forests that do not qualify as nature conservation areas. For commercial collection a licence is required...
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The United States and China are the EU’s biggest trading partners
The European Union concludes one third of its foreign trade with the United States and China, while Germany is the largest trading partner for most of the EU member countries...
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Magazine: Gel beats powder
Bernadett Vékásy, brand manager of Henkel Magyarország Kft. informed our magazine that in 2018 laundry detergent volume sales had grown a little, but the increase in value sales had been...
Read moreAM: joint effort of seven countries to keep production-related EU agricultural subsidies
Seven countries, including Hungary asked for an increase of production-related EU agricultural subsidies or at least to keep it at the current level in the post-2020 EU budget period at...
Read moreAnother 5 billion HUF support for the job creation of the small and medium-sized enterprises
The Ministry of Finance announces a tender in a value of five billion forints to support the job creation of the micro, small and medium-sized enterprises – Varga Mihály told...
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Labor costs increased in the EU
Labor costs have increased in the European Union as a whole and in the euro area in the last quarter of last year – according to the data released by...
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Vending machine operators would avoid price increases
The Hungarian Post has received hundreds of applications for installing new food and beverage vending machines, but according to the industry alliance, 10-15 percent of the machines may disappear from...
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The European Commission urges the creation of a council to support innovative initiatives
The European Commission intends to speed up the establishment of the European Innovation Council (EIC), helping to bridge the innovation gap in Europe. Under the program, four Hungarian small and...
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You can join the national garbage collection action continuously
You can join to the “Pick It Up – Volunteer Garbage Collection Action for Clean Hungary” until Sunday – Makai Martina, Deputy Minister of State told M1 news channel on...
Read moreSeven percent of EU imports are counterfeit
There is a growing problem that an increasing share of the commodities traded in world trade are counterfeit, for example, 7 percent of EU imports are counterfeit products, which poses...
Read moreEconomic sentiment has improved in Germany and in the euro area
The economic sentiment in Germany and in the euro area has improved in March for the fifth consecutive month – according to the survey conducted by the ZEW (Zentrum für...
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Here are the most expensive and cheapest cities in the world
The annual research of the Economist Intelligence Unit compares 133 cities on the basis of the price of products such as bread. They are looking at how much the prices...
Read moreUS retail sales increased more than expected in May
US retail sales in the United States increased more than analysts’ expectations in May. The growth occured is the highest of the past 6 months. The US Department of Commerce...
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Magazine: O2O has never been this comfortable before
O2O – harmonised online and offline sales – has reached a new chapter: in December 2018 GH Lab opened a pop-up store in Mall of America in Bloomington (Minnesota), which...
Read moreBeer Association: premium beers are becoming more popular
Although only a small increase occured in the quantity of beer sold last year, the income of the members of the beer association has increased much more, because beer drinkers...
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Hungarians purchased with cards in a record number at the end of 2018
The number of debit cards issued increased, while the number of credit cards declined in Hungary in the fourth quarter of last year – the National Bank of Hungary (MNB)...
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The sustainability theme week has begun
The Ministry of Human Resources (Emmi) announced its sustainability theme for the fourth time, this year. At the Monday opening ceremony held in the Parliament, Rétvári Bence, Parliamentary Minister of...
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Big Gift Survey: we buy gifts for our partners and children
Almost everybody gives birthday and Christmas presents, but what are the other gift events in people’s lives, and to whom do they give gifts the most? These questions were answered...
Read moreBeekeepers expect a difficult season
Bross Péter, president of the Hungarian National Beekeeping Association (OMME) told Magyar Nemzet that although we are at the very beginning of the season, it can already be seen that...
Read moreCzech retail started the year well
Retail sales in the Czech Republic increased by 4.7 percent in January, compared to a year before, after the 3.1 percent in December – the Czech Statistical Office announced in...
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The foreign trade surplus of the Euro area decreased
The trade surplus of the euro area in January decreased lower than expected, compared to the previous year – according to the first estimate of the European Union Statistical Office....
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