Market News
GKI: business and consumer expectations have improved
In November – after the three year nadir in October – the GKI economic index has strengthened to the levels of Spring. According to the survey of GKI (www.gki.hu), conducted...
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We might drink from 80 years old aluminum cans
Unbelievable but true: 75% of the aluminum cans produced and marketed ever are still in circulation, because it is constantly being recycled. So in the raw material of the cans...
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K&H: the SMEs expect sales and profit growth
The small and medium-sized enterprises (SMEs) expect a 6.9 percent revenue growth and a 4.6 percent profit growth in the next year – the most recent data of the K&H...
Read moreThere will be half a billion 5G mobile subscriptions around the world in 2022
Ericsson predicts that the number of 5G mobile subscriptions in 2022 will reach 550 million worldwide, in North America the quarter of the mobile subscriptions will be 5G subscriptions by...
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The Pénz7 program will be organized again
The Pénz7 series of programs will be held next March for the third time. The thematic week related to financial awareness and management was launched by the Hungarian Banking Association...
Read moreCorn yields decreased in Romania
Corn yields decreased in Romania by 5.6 percent to 8.47 million tonnes this year, compared to last year – the Romanian Ministry of Agriculture said on Monday. Experts expected a...
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Chamber of agriculture doesn’t support the reallocation of funds
The Hungarian Chamber of Agriculture (NAK) doesn’t support the idea of reallocating some of the European Union’s funds, originally earmarked for the agricultural sector. NAK formed its opinion after Copa,...
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Traxion85 tyres available in nine new sizes
Dutch tyre manufacturer Apollo Vredestein introduced nine new sizes in its Vredestein Traxion85 tyre range at the EIMA trade fair in Bologna. The speed marking of all sizes is A8/B...
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Magazine: What will the future bring for family businesses?
Family enterprises play an important economic role in both Europe and Hungary. In Hungary about 70 percent of companies are family-owned, and these firms produce more than half of the...
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Bread prices may increase in 2017
Consumers should calculate with the 30 percent increase in bread prices from January because the baking industry has to increase wages in order to retain the workforce – Magyar Hírlap...
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The international market launch of the Áldomás products has started in London
The international market launch of the Áldomás (Blessing) products has started in London. The community brand was established by the Hungarian National Trading House (MNKH) and contains high-quality premium food...
Read more130 billion HUFresources will be available this year inthe Rural Development Programme
About 130 billion HUF resources will be available this year in the Rural Development Programme – Madari Őrs, Agriculture and Rural Development Policy Advisor of the Prime Minister's Office said...
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Every year, we throw 100 billion HUF worth food away
The Hungarian households throw 100 billion HUF worth unused and uneaten food away – theMinister of State of the Ministry of Agriculture (FM) said on Friday in Budapest, at a...
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The new version of the catering regulation may bring likeable canteen
The new version of the catering regulation may bring likeable canteens – Gál Péter Zoltán, president of the Tourism and Catering Employers Association said. The specialist told M1 news channel...
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Hungary is a sunflower seed superpower
According to the Agricultural Economics Research Institute (AKI), in France 1.2 million tons of sunflower seed was harvested this year, while in Romania, Bulgaria and Hungary 1.8 million tons are...
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The Hungarian Internet users devote 30 thousand HUF for Christmas this year
This year, the Internet users can buy 12 percent more gifts from the shops for Christmas, compared to last year. This year, the Internet users will spend 30 500 HUF...
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With corporate tax cuts 145 billion HUF will stay at the businesses
In the wake of the uniform reduction of the corporate tax rate to 9 percent, 145 billion HUF will remain at the businesses and the step would provide the most...
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Hungarian customers are hunting for actions
The Hungarian customers are specifically “bargain hunters”, even if they can afford the buy discounted products. Seventy-two percent of them have heard about the Black Friday and an increasing portion...
Read moreAnalysts: The economy may accelerate at the end of the year
The 2.0 percent GDP growth in the third quarter met analysts' consensus. Suppan Gergely, the analys of Savings Bank in his commentary sent to MTI drew attention that growth may...
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GfK: health awareness seems to turn into a trend
The latest GfK research study of eating habits examines the affects of health consciousness on eating habits. The analysis appears regularly since 1989. According to the analysis, health consciousness is...
Read moreNot only tobacco shops can sell electronic cigarettes in the future
Not only tobacco shops can sell electronic cigarettes in the future, if the National Assembly – it is expected next week – approves the amendment of the tobacco law. According...
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MNB: household savings are growing slower
The financial savings of households steadily decreased in recent quarters: in the third quarter amounted to 201 billion HUF, which is 2.2 percent of the quarterly GDP. In the previous...
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Consumer prices increased in the euro area and in the EU
Annual consumer prices in October increased for the fifth month in the euro area and in the European Union. According to the data published on Thursday by the statistical office...
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Polish biscuit giant attempts to conquer the Hungarian market
Poland’s biggest biscuit manufacturer Dr Gerard started an affiliate in Hungary. Dr Gerard is also present in the Czech Republic, Romania and Slovakia. In the last few years their annual...
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Having a cup of coffee together with the world
NESCAFÉ decided to celebrate the International Coffee Day together with consumers in 60 countries. On 1 October coffee lovers could upload selfie-type videos of themselves, receiving and passing on a...
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Serving partners for twenty years
Hungarian-owned Lead System Hungary was established in 1996, and it has been developing and selling SFA data collection and sales systems ever since. IT business unit manager Zoltán Titonelli told...
Read moreA good vintage is expected
This year’s vintage is likely to be good in terms of quality, but it could be better as regards quantity. HNT’s estimation is that approximately 385,000 tons of grapes will...
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Stricter international tax rules
A two-year negotiation process came to an end in September, when upon the initiative of the G20 group OECD completed its action plan for addressing the problems of base erosion...
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OKSZ: retail sales in December may exceed 1000 billion HUF
Traders expect a huge Christmas rush. The National Retail Federation (OKSZ) expects total retail sales to be approximately 50 billion HUF more in December than in the last month of...
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