Market News

KSH: The number of Internet and mobile phone subscriptions has increased

The number of Internet subscriptions increased by 13 percent to nearly 7.7 million, while the number of mobile phone subscriptions expanded by 1.6 percent to 181 thousand in the second...

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NAV: hundreds of millions HUF fines due to shipments without ekáer number

The National Tax and Customs Authority (NAV) is expected to impose a fine of more than one hundred million HUF on two companies in Budapest. The two companies did not...

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Two tons of dried tobacco leaves were stolen Kékcse

Two tons of dried tobacco leaves were stolen from the dryer in Kékcse. The perpetrators were caught by the police – the Szabolcs-Moson-Sopron County Police press officer told MTI. Fehérvári...

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GSS GROUP creates new position: commercial and marketing director

GSS Group Hungary Kft. is well-known in the world of FMCG, thanks to their SFA sales support system, outsourced team of representatives and training programmes. From May 2015 the company...

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Two important international jobs for the GfK group

The Media Development Authority of Singapore (MDA) commissioned GfK with implementing an audiovisual media audience measurement. This will be the first time an integrated system is used in Singapore for...

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Drugstore chain dm uses a new system for selling pharmaceutical products

Starting this spring, dm is using a new, simpler method in selling drugs. The good old cabinets have disappeared from the 234 dm stores, and shoppers can now choose the...

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Tesco home delivery service arrives at Győr and Csepel

After Budapest, Szeged and Székesfehérvár, Tesco’s Online Shopping service is now available in new places. From 15 June Csepel dwellers can also shop in Tesco’s online store, while Győr residents...

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FAO: Food prices are falling

In August, almost all basic food raw materials became cheaper on the world market, so the FAO food price index decreased by 5.2 percent in August, compared to July, which...

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FM: the regulation on the support of the tobacco sector will be published within days

It is expected that the regulation on the support for the tobacco sector will be published in the next few days in the Magyar Közlöny (Hungarian Official Gazette). MTI photo:...

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0.2 percent annual average inflation is expected in 2015

Inflation can accelerate gradually in Hungary. On the basis of the new data – that consumer prices remained unchanged in August compared to the previous year – basic processes did...

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The government would create jobs in agriculture and in tourism

In the 2020 EU budgetary cycle, the government would create jobs mainly in agriculture and tourism – Csepreghy Nándor, Deputy Minister of State of the Prime Minister's office told at...

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Nébih: bluetongue disease detected in Tolna County

Bluetongue disease was detected in case of two animals in Tolna County within a cattle of 350 heifers. The animal health authority has taken all the necessary measures without delay...

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China contributed to the world's economic growth with 30 percent in the first half of the year

According to the Premier of the State Council of the People's Republic of China, China contributed to the world's economic growth with 30 percent in the first half of 2015....

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Online auctions work well for Tesco

Tesco Hungary auctioned off more than HUF 150 million worth of equipment online. The company has been selling discarded equipment this way for many years. Generally 85-90 percent of items...

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Milk processing plants should be modernized

The Hungarian milk processing plants should be modernized so the dairy sector will be able fulfill the domestic demand. Mélykuti Tibor the chairman of the Milk Interprofessional Organization and Marketing...

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KSH: 674 million euros export surplus in July

The euro-denominated value of exports increased by 5.4 percent, while the value imports rose by 2.3 percent, compared to a year before. The trade balance surplus amounted to 674 million...

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Deloitte: 66 Hungarian companies among the region's largest firms

This year 66 Hungarian companies were able to be included to Deloitte’s Top 500 list, 3 more than last year. The consolidated sales revenue of the 66 Hungarian companies 89.6...

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Internet Hungary: digitization can eliminate 40 percent of the companies within five years

Within three years super-fast internet will operate all over Hungary. This is vital for social and economic development, because the IT industrial revolution permeates all areas of our lives. Those...

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Manpower: 14 percent of employers plan staff increase in the next three months

Fourteen percent of employers plan staff increase in the next three months – according to the forecast of Manpower, especially in the hospitality industry in the field of production and...

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European companies concerned about a slowdown in China's reform

China’s leaders must follow through on delayed efforts to reform the economy if they want to engineer a soft landing to its growth slowdown, a European business group warned on...

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Smuggled cigarettes were seized in Fehérgyarmat and in Nyíregyháza

More than 34 million HUF worth smuggled cigarettes were seized by the police in Fehérgyarmat and in Nyíregyháza. Fehérvári Marietta, press officer of the Szabolcs-Szatmár-Bereg County Police told MTI on...

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New meat products from Törökszentmiklós

From HUF 577 million Bábolna Food Industry Kft. developed new meat industry products in Törökszentmiklós. HUF 259.5 million of the total budget was non-refundable EU money. The company primarily targets...

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Limit imposed on the number of non-EU employees

A decree recently issued by Minister for National Economy Mihály Varga limits the number of non-Europe Union citizens who can be employed in Hungary. The decree stipulates that this number...

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Magazin: More light!

A Hungarian invention can prevent the stealing of light bulbs from hotels and restaurants: LB-E27 is an anti-theft spiral that makes it impossible to remove a light bulb from the...

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The Dairy Product Council urges VAT reduction and compensation

The Presidency of the Dairy Interprofessional Organisation and Product Council recommends the following immediate necessary steps to be taken and initiates the Government and Brussels to make the necessary steps...

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Nielsen: favourable trends on the baby food market

In Hungary the baby's food retail turnover increased by 12 percent in value between December to July, compared to the previous comparable period. In terms of diapers and baby-wipes Nielsen’s...

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Hypermarkets may be the winners of the Sunday rest day

There are some major players, that particularly profited from the Sunday store closure, because they are exempted from a series of extra expenditures, while the traffic has not reduced, rather...

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KSH: the consumer price level remained unchanged in August

The consumer price level remained unchanged in August, compared to the same period of last year, while compared with July consumer prices decreased by an average of 0.6 percent –...

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Very good quality grapes in the Villány wine region

Very good quality and average quantity of grapes have grown in the Villány wine region this year, where the harvest of Portugieser is already under way. The harvest started in...

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The world’s leading M2M service provider

For four years now Vodafone has been the world’s leading M2M – machine-to-machine – service provider, revealed Analysys Mason’s M2M Scorecard survey. Vodafone offers M2M services all over the world...

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