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The CBA is committed to keep the Sunday closure

The reconciliation continues on the free Sunday initative of the Christian Democratic People's Party (KDNP), which can reach its final form for early December – Rétvári Bence, vice president of...

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KSH: consumer prices fell by 0.4 percent in October

The consumer prices were an average 0.4 percent lower in October than a year earlier, while compared to September, consumer prices decreased by 0.3 percent – the Central Statistics Office...

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The share of online shopping from abroad is increasing significantly

This year Hungarians had to pay VAT or customs duty for 42 thousand packages that were ordered from abroad. This figure shows a 60 percent growth, compared to the same...

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The law on the establishment of shopping centers may change

The government submitted the bill amending the licensing of commercial buildings, the new law will enter into force on the first of January 2015. The proposal relates to commercial structures...

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The EP committee voted for the possibility of extending the ban on GMO legislative amendment

The Environment and Public Health Committee of the European Parliament (EP) on Tuesday voted for the possibility of extending the ban – changing the current rules – on GMO legislative...

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The rain slows down the corn harvest

Nearly half of the planted corn has been harvested in Komárom-Esztergom county. The works are going slowly, due to the moisture content of grains and due to the fuzarium infection...

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What to wear at the first date: the case of the ski suit

When I am asked what to pay attention to at the first date, my answer is always this: it is like a job interview because you may only get 1...

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The acceleration of the foreign trade turnover surprised the analysts

The revival of foreign trade turnover in September surprised analysts, but they see the reasons differently. The Central Statistics Office (KSH) on Friday reported that after the slowing of August,...

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Support to the development of meat processors

Grants can be claimed for the technological development of the meat processors from 10 November and for the prevention of animal diseases grants can be claimed from January 2015 –...

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Hungarians do not change jobs

According to the Randstad Mobility Index, a recovery can be observed on the global labor market, but the Hungarian people are reluctant to change jobs. The global labor market trends...

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New tequila on the market!

100% agave is used to produce this Sierra Antiguo Plata Tequila in a double distillation taht makes the spirit crystal clear. “Hencho en Mexico” is the lable put on the...

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Discount stores

In the last eight months discounters’ share from grocery retail’s revenue was 22 percent, while their share from the sales of household chemicals and cosmetics was 12 percent. It is...

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Kazincbarcika becomes one of the world’s leading citric acid manufacturers

Rizhao Jin He Biochemical Group (RZBC) will invest HUF 30-billion in building its European citric acid factory in Kazincbarcika. 165 new jobs will be created by the investment. RZBC’s products...

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Ready, steady, go – Hungary! (Business Days 2014, Part 1)

This year’s Business Days conference was 4-day long. Held in Tapolca’s Hotel Pelion and organised by Trade magazin and the Chain Bridge Club, the event attracted nearly 500 participants. Trade...

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Magazine: Kaposvár meat factory: the troubles continue

Since the winner of the previous tender didn’t pay the price before the deadline, a new round was announced to sell the Kaposvár meat processing plant. Conditions are the same...

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Online cash registers for the service providers next spring

Shortly after the retail sector, hairdressers, beauticians, private doctors also need to invest into online cash registers. The market calls for enforceable deadlines from the government – Népszabadság wrote. Analysts...

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KSH: foreign trade turnover increased in September

After the halt in August, a revival occured in the foreign trade turnover in September: the value of export in euros increased by 5.8, while the value of import in...

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IT investments: a slow growth is expected

Beside the market stagnation Rentaserver’s IT Finance Index and Barometer 2015 is indicating the emerging of the long-lasting rental solutions. The survey of the Rentaserver Kft. carried out among domestic...

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Detergent counterfeiters were found in Nyíregyháza

More than seven thousand liters, ten million HUF worthcounterfeit detergents, and equipments necessary for their manufacture and their packaging were seized by the financial investigators of teh National Tax and...

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China established a Silk Road infrastructure fund in a value of 40 billion USD

China will contribute to set up a Silk Road infrastructure fund in a value of 40 billion USD to boost connectivity across Asia, President Xi Jinping announced on Saturday, the...

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Szerencs chocolate to become a Hungaricum product

When inaugurating the new production hall of Bonbon Kft., Minister of Agriculture Sándor Fazekas announced that Szerencs chocolate is about to be added to the list of Hungaricum products. The...

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Narrowing gap between consumers just browsing and those buying online

Nielsen’s global e-commerce survey was conducted in 60 countries with more than 30,000 internet users. According to John Burbank, Nielsen president who oversees strategic initiatives, thanks to rapidly changing digital...

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Another Chinese investor plans to build citric acid factory in Szolnok

China BBCA Group Corporation plans to build a citric acid factory in Szolnok. Construction works are about to start in early 2015. The new facility will employ 440 people and...

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Capriovus manufactures bioactive pasta

Egg processing and egg product manufacturing company Capriovus Kft. developed natural pasta enhanced with bioactive compounds. The project cost HUF 146 million and from this HUF 94 million was provided...

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The government discussed the introduction of the free Sunday

The government discussed and supports the Christian Democratic Party’s (KDNP) proposal to limit the opening hours of shops on Sunday – Harrach Péter faction leader of KDNP announced of KDNP...

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Arena Plaza: the market of branded and hhigh quality fashion products is growing

There is a growing consumer demand for leading fashion brands on the market: The attendance of the Arena Plaza continues to grow for five years, even during and after the...

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A decline in the EU's retail sales

The retail sales in the European Union reduced on a monthly basis in September, but increased on an annual basis. According to the seasonally adjusted data the volume of retail...

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That is how the Hungarians drink wine

The Agricultural Economics Research Institute (AKI) carried out a survey on the wine consumption habits of the Hungarian population. The survey was also broascasted by the InfoRadió. 65.5 percent of...

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MNB: sustainable growth rate of the economy can be around 2.5 percent

The growth rate of the Hungarian economy will be around 2.5 percent, which means an annual 1 percent catch-up rate – Virág Barnabás, director of the National Bank of Hungary...

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The First Night Market of Budapest

The First Night Market of Budapest awaits its domestic and foreign visitors every Thursdays between 1 pm and 9 pm since October 30, with producer and artisan products, who can...

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