Market News

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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The wine can be a great financial investment

The wine can be a great financial investment, often has better returns than gold or other investment opportunities. In addition, this year’s vintage promises to be very good, so it...

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KSH released the average housing expenditure data

The monthly per capita consumption of households last year amounted to an average of 74 608 HUF – according to the data of the Central Statistical Office (KSH) – penzcentrum.hu...

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The European Investment Fund supports the Hungarian agricultural SMEs with 160 million euros

The European Investment Fund has signed a cooperation agreement with the European Investment Fund (EIF) and the Agicultural Credit Guarantee Foundation (AVHGA) in order to encourage the borrowing mood of...

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Chamber of Agriculture: the agricultural chambers of the V4 countries do not support the CETA

The Agricultural Chambers of the Visegrád Four (V4) countries do not support the free trade agreement between the European Union (EU) and Canada (CETA). In case of the TTIP (Transatlantic...

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The PMI is increasing for nine-months

The seasonally adjusted volume of the Purchasing Managers' Index (PME) was 57 points in September – Origo wrote. According to the analysis of the Hungarian Association of Logistics, Purchasing and...

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Chamber of Agriculture: 190 thousand new types of primary producers’ pass will be handed over before the end of September

The National Association of Agricultural Economics (NAK) issued 190 thousand new primary producers’ pass for the farmers who claimed it by the end of July – the public body told...

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EY: the total value of corporate acquisitions increased in the first half of the year

The total value of corporate acquisitions in Hungary in the first half of 2016 was close to 0.9 billion USD, which is an increase of 9 percent, compared to the...

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New CEO for 4iG

As of 20 July 2016 4iG Nyrt.’s CEO is Viktor Sagyibó. Former president-CEO Dr Gábor Felső stays in the presidential chair of 4iG. Mr Sagyibó has worked for multinational companies...

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I would pay using my fingerprints

According to Visa’s latest survey, European consumers are open to the idea of using biometric technology when making payments – even more so if further security measures will accompany it....

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Shoppers are looking for large-size products

OTC drugs (those that can be bought without a prescription), medicinal products and dietary supplements are very popular among consumers. In this product category shoppers are typically looking for large-size...

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Technology using firms are optimistic

54 percent of Hungarian SMEs use cloud services in Hungary, which is a big step forward from the 40-percent ratio of 2014 – revealed the Ipsos Mori survey, commissioned by...

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GDP grew by more than three percent last year

Last year, the GDP was 33 999.0 billion HUF. Calculated at constant prices GDP increased by 3.1 percent compared to the previous year, while the deficit of the governmental sector...

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The renewal of the food industry begins soon

The support scheme, which provides investment opportunity mainly to domestic companies for the renewal of the food industry begins soon – the Vice President of the National Assembly, President of...

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Researchers' Night: the NÉBIH also welcomes visitors

The National Public Health and Medical Officer Service (Public Health Service) awaits the visitors with lab visits, experiments and educational lectures on Friday in Budapest, at the Researchers' Night. The...

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KSH: trade surplus was 668 million euros in July

The euro-denominated value of exports declined by 5.4 and imports decreased by 6.4 percent in July compared with a year before. The trade surplus increased by 31 million euros to...

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Adverse German retail sales

In the first eight months of this year retail sales grew by 2.2 percent in real terms, in annual comparison in Germany. The Federal Statistical Office (Destatis) reported on Friday...

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The Prime Minister's Office suspends the tender for the modernization of grain storages, dryers

The Prime Minister's Office suspends the tender for the modernization of grain storages, dryers and cleaners, due to too much claims – the Prime Minister's Office told MTI on Thursday....

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The authority found more than five tons of counterfeit pesticides

The inspectors National Food Chain Safety Office (NÉBIH) found and seized more than 2,600 kilograms of fake pesticides throughout the country. The National Food Chain Safety Office (NÉBIH) also ordered...

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