Market News
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...
Read moreSzekszárd 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...
Read moreSME 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...
Read moreDetermined 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...
Read moreInfringement 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...
Read moreSignificant 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...
Read moreThe 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...
Read moreKSH 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...
Read moreThe 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...
Read moreChamber 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...
Read moreThe 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...
Read moreGDP 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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