Market News

Fake honey: the FM would tighten the EU rules

The high-quality Hungarian honey can be prevented from to be mixed up with the poor quality, Chinese honey. Since the honey scandal broke out in the autumn, the Ministry of...

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The price of potatoes have increased significantly

Discounted potatoes cost already twice than a year before – the ripost.hu. wrote. In addition, this year's crop does not cover the domestic needs, and the major European producers have...

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Act amendment against fraudulent product demonstrations

Businesses dealing with the sales of products combined with product demonstrations have to open customer services. In addition, such companies could not provide consumer credit to the consumers – the...

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The third of the Hungarians are saving regularly

One third of the Hungarian population is saving money on a monthly basis. Every second of them, about one-fifth of the total population have retirement savings as well – the...

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The referendum initiative was challenged

The signature collection on the Sunday store closure cannot be started for a while because the referendum was challenged at the Supreme Court. The decision of the National Electoral Commission...

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(HU) Business Days 2015 interjú Görög Ibolya

Sorry, this entry is only available in HU....

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Vegetables and fruit against heart attack

Much less chance of calcium deposits in the coronary for those who eat lots of fruits and vegetables when they are young – agrarszektor.hu wrote. Thus the risk of developing...

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The global sales of tablet PCs decreased by eight percent this year

The world market turnover of tablets decreased by eight percent this year, while the demand is shifting towards commercial and large appliances with keyboards in the future – the International...

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Changes in the act on accounting

As of 1 January 2016 the Act on Accounting is amended. One of the most important new rules is that companies with a negative accumulated profit reserve won’t be allowed...

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Mocca Negra – unusual and exclusive

Mocca Negra’s main concern is reflecting the image of the product, but they also make great efforts to fall in line with partner needs. The main development directions are the...

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New design for Anaconda Professional

Anaconda Professional cosmetics products got a completely new packaging design in 2015, which won them a special prize at HUNGAROPACK in the consumer and collective packaging category. Paqart Design Kft....

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Szekszárd bottle stands for quality

From the middle of September almost 20 wines from the Szekszárd region are available in a special regional bottle. The shape and look of the bottle, which bears the logo...

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KSH: the income situation of the households improved last year

The income situation of the Hungarian households improved last year. The per capita annual average gross earnings increased by 3.8 percent, while the per capita annual average net earnings increased...

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GKI: growth in the economy may be 2.7 percent this year and 2 percent next year

Compared to the previous month, the economic growth forecast of the GKI Economic Research Company has not changed: this year, the gross domestic product (GDP) is expected to increase by...

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The European Commission may scrutinize the entire tobacco system in Hungary

Brussels is preparing a possible investigation decision about the Hungarian tobacco supplier slower than the market had expected, so instead of the initial absence the Philip Morris Magyarország Kft. chose...

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Fazekas Sándor: the share of animal husbandry should be increased within agriculture

The retail price of pork products may decline from January, because the VAT on pig meat will be reduced from 27 percent to 5 percent – Fazekas Sándor Minister of...

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The Food Bank gives help to about 40 thousand families during Christmas

The Hungarian Food Bank Association provides support to about 40 thousand families in need during Christmas, after last weekend the organization's volunteers collected 270 tons of food products. The amount...

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The Hungarian National Trading House has opened an office in Szabadka

The Hungarian National Trading House has opened its office in Szabadka, so the number of representatives in Serbia increased to three. The aim of the at the Hungarian National Trading...

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Star Wars madness expected before Christmas

According to an article published in USA Today, the 18 December US premiere of Star Wars 7 – The Force Awakens (Hungarian premiere: 17 December) will dominate in-store design solutions...

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Broadband development projects speeding up

Invitel subscribers can enjoy the advantages of the broadband optical fibre network sooner than scheduled. Deputy CEO Marianne Langsteiner informed that the network will be installed in 160,000 households –...

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All machines will be connected

Samsung’s estimation is that 100 percent of their new electronic products will be able to communicate with other machines by 2020. This means that washing machines and vacuum cleaners will...

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Bank card payment solution for free

Barion offers a free bank card payment solution to b2c retailers. Tamás Bíró, co-owner and marketing director of Barion Payment Zrt. told our magazine that retailers have to meet two...

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Cellum’s new operating director

Cellum Global Zrt. appointed Ábel Garamhegyi as its operating director and deputy CEO from mid-September. The new executive left his vice presidential position at Belgian visual technology company Barco for...

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Computer matches T-shirts with potential buyers

Japanese fashion brand Uniqlo started using a system in its Sidney store, which was designed to match to match the right T-shirt to a person based on brainwave analysis. The...

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Magazine: Online invoices on NAV’s desk

From 1 January 2016 invoicing software need to have a ‘tax inspection data providing’ function. With this feature data can be exported to the National Tax and Customs Administration’s (NAV)...

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The trade association expects a longer shopping period and growing Christmas traffic

The National Retail Federation (OKSZ) expects a longer shopping period this year. The OKSZ expects a 5-6 percent more, 950 billion HUF more consumer spendings in December 2015, compared to...

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NGM: rising real wages contributed to the growth of retail sales

September has been the 28th month in a row when the volume of retail sales increased in Hungary. The consecutive 28 month increase is primarily due to the rising inflation...

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One million Internet users would purchase on Black Friday

According to a survey, the fifth of Internet users aged 18-59 (about a million people) are planning to purchase during the “Black Friday” promotions. The “Black Friday” is the Friday...

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Campaign to promote Hungarian fish consumption

A campaign to be launched to promote Hungarian fish consumption and to raise awareness to fish diversity and the huge variety of flavors According to the notice of the Prime...

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The Hungarian enterprises concluded contracts in Beijing in a value of almost two billion USD

Almost two billion USD worth contracts have been concluded between the leaders of Hungarian and Chinese companies on Thursday in Beijing in the presence of Szijjártó Péter Foreign Economic Relations...

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