Market News

The NÉBIH preceded 9 billion HUF VAT evasions last year

The National Food Chain Safety Office (NÉBIH) preceded 9 billion HUF VAT evasions last year thanks to its inspections. The National Food Chain Safety Office (NÉBIH) carried out almost three...

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More fresh milk would be given to the children in public catering

The public catering regulation of the Human Resources Ministry will be amended. Among other things, it is planned that more fresh milk would be given to the children in public...

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The importance of domestic demand became more valuable for the large enterprises

The importance of domestic demand became more valuable for the large enterprises – the privatbankar.hu wrote. Now the large enterprises’ profitability depends on mostly this factor, but the government's economic...

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MNB: businesses used 231.8 billion HUF in the third stage of the NHP so far this year

In the third phase of the growth loan program (NHP) between 1 January to 30 September, the companies concluded contracts amounting to 231.8 billion HUF, of which 68 percent were...

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Carton recycling rate in Europe is close to 50 percent

Carton recycling in the European Union is at last within sight of reaching 50 percent. From under 30 percent in 2005, it has risen to 44 percent in 2015 -foodbev.com...

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Praktiker expands

Praktiker opened its twentieth store in Hungary. In the near future the company is planning to open new stores. According to the statement of the company sent to MTI, Karl-Heinz...

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Romanian retail sales expanded significantly

In the first eight months, the volume of retail sales in Romania increased by 16.3 percent, compared to the same period last year – the Romanian national statistical institute annponced...

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KSH: retail sales accelerated again in August

According to the raw data, the volume of retail sales increased by 5.8 percent in August, compared to the same period last year. Calendar effect adjusted, the volume of retail...

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Kopint-Tárki: GDP may grow by 2.2 this year and 2.7 percent next year

According to the lastest forecast of the Kopint-Tárki Zrt., the Hungarian economy may grow by 2.2 this year and by 2.7 percent next year. The government deficit this year may...

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NGM: retail sales are growing steadily for 38 months

Hungarian retail sales are growing steadily for 38 months, and significantly above the EU average – Lepsényi István, Minister of State for the Ministry of National Economy (NGM) told M1...

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Coface: the number of insolvent companies may reduce this year in Central and Eastern Europe

The number of insolvent companies may decrease by 5.3 percent this year in the Central and Eastern European region, due to more favorable economic environment – according to the recent...

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Retail sales decreased in August in the EU and in the euro area

In August 2016 compared with July 2016, the seasonally adjusted volume of retail trade fell by 0.1 percent in both the euro area (EA19) and the EU28, according to estimates...

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This year, more sunflowers and corn grown in Zala county

This year, more sunflowers and corn grown in Zala county, as in last year. The harvested crop has a good quality – the county chairman of the National Association of...

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Szekszárd is preparing a cooperation with a Portuguese wine city

The local government of Szekszárd is preparing a cooperation with Viseu, a Portuguese wine-growing town. According to the commercial manager of the Portuguese Embassy, it can bring new markets to...

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Acquisition transforms the employment market

One of the world’s leading human resource consulting firms, Randstad Holding (present in 39 countries), has announced their acquisition of online recruitment specialist company Monster Worldwide Inc. Monster Worldwide will...

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It is good to work for industrial firms

According to K&H’s latest SME confidence index, conducted with the participation of 500 Hungarian managing directors, the proportion of businesses that plan to recruit new workers dropped from 24 percent...

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We don’t understand IT terms

53 percent of Hungarians (the European average is 52 percent) say they use modern technology much more often than two years ago and 8 percent of them (in Europe: 13...

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Magazine: Sweet(ener) life

In the last few years sugar retail sales stagnated, but sales of alternative sweeteners (sugar substitutes) were able to grow considerably. Ákos Fodor, marketing manager of Magyar Cukor Manufaktúra Kft....

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More modern cash registers may come soon

Soon, the authority may issue the distribution license of the first new type of online cash register – Magyar Idők wrote. The authority is currently investigating the parameters of twelve...

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The NÉBIH only objected the “organic” mark in case of the tested brown and cane sugars

The cane sugars available in Hungary are truly made of sugar cane – the National Food Chain Safety Office (NÉBIH) told MTI. During the test of the National Food Chain...

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The CIB calculates with six million HUF commercial small business loan placements

The CIB bank plans six billion HUF loan placements for the next year to finance companies with less than 300 million HUF annual turnover. According to the communication of the...

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Sunflower harvest is finished in Békés County

The sunflower harvest is completed in Békés County. According to the Chairman of the Coordination Committee, the crop is good, but there are problems with the buying prices. Kozsuch Kornél...

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SME confidence peaks

SME confidence reached historic heights. The K&H SME confidence index is currently standing on -3 points after a 5 point jump, which is the best result in the last six...

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Producer prices declined in the euro area and in the EU in August

In August, the producer prices decreased in both the euro zone and in the European Union, after the rise in the previous month – Eurostat reported on Tuesday. In August...

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Determined fee for the electronic cigarette marketing

From November, electronic cigarettes in Hungary can be distributed with the payment of a 475 000 HUF administrative service fee per brand name and per strengths – according to the...

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Pokémon GO is everywhere

The world has gone mad about augmented reality game Pokémon GO. Many of those who play the game don’t go to shopping centres for buying things but to search for...

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Advantages of the cloud

– According to Szintézis Zrt. CEO Dávid Szabó (they offer the Szintézis Cloud solution to companies), cloud computing solutions have the following advantages: there is no significant investment, operating and...

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Magazine: Invisible informatics

Cloud-based IT solutions are increasingly popular with Hungarian SMEs – reveals a study conducted by Microsoft in March 2016: 54 percent of them used these solutions in 2015, while back...

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Infringement proceedings may start because of the law on loss-making commercial companies

Soon infringement proceedings may start, because according to the current legislation, those firms that are making loss for two years should be closed – Népszabadság wrote. Népszabadság wrote that Brussels...

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Significant promotions in the major webshops on October 7

The day of Internet shopping will take place on Friday. It is the red letter day of the rapidly expanding electronic retailing – magyaridok.hu wrote. Last year, almost 500 webshops...

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