Events

The World's Largest Toy Fair

The Nuremberg-based Spielwarenmesse, the world's largest Toy Fair debuted on October 15, at the event of the German-Hungarian Chamber of Industry and Commerce. The toy and game inventors developers, manufacturers,...

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The rules of the agricultural insurance premium subsidy are changing

Due to changes of the EU rules, the rules of agricultural insurance premium subsidy are changing. The most important change is that from November 2014 exclusively the micro, small and...

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The Food Bank Association’s Donation Convoy to carry 50 tons of food for the needy

The Hungarian Food Bank Association launches its Donation Convoy every year on 16 October on the World Food Day jointly with the FAO. The initative would like to draw your...

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The World Day of Bread is held today

On the World Day of Bread we remember to those people who do not get bread, and hungry, so every year we draw attention of the society with charitable bread...

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The lamb from Kelemér and the blond Mangalitsa received Gold Ribbon

Simon Attila István, the Minister of State of the Ministry of Agriculture, handed over the Gold Ribbon Quality certificates at the presentation of the Gault&Millau Hungarian restaurant and wine guide....

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Discontent in Israel, due to cheaper chocolate pudding from Berlin

A bill of a young man emigrated to Israel has triggered a wave of serious dissatisfaction, which proves that chocolate pudding costs three times more in Israel than in Germany....

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Christmas gift packs much more popular than before

In November-December 2013 Hungarian consumers spent nearly HUF 4 billion on 2.5 million gift packs – in value 18 percent more and in volume 21 percent more than in the...

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At the starting line of a category management project

After the years of recession, in category management it is becoming more and more realistic a goal once again to achieve a sales increase. Nielsen contributes to this by organising...

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Loyalty across channels (Part 1)

Customer loyalty specialist ICLP has recently published their latest study on customers who are active in several channels. Consumer behaviour is changing at breakneck speed, thanks to rapid technological development...

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Let’s bargain!

PriceWaiter (USA) developed an app called ‘Name Your Price’, with the help of which potential buyers can bargain for products. Andrew Scarbrough, one of PriceWaiter’s founders reckons that the internet...

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Ice water on your head!

The ALS Ice Bucket Challenge has been spreading fast on the internet. People dump ice water on their heads to call attention to this fatal disease and urge people to...

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No clean slate: retrospective investigations conducted by NAV

As of 1 September traditional cash registers mustn’t be used any more: only online cash registers are allowed to be operated by units that fall under the scope of the...

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Accurate and rapid information at every level

These days it isn’t enough to install a couple of cash registers in the FMCG sector: without connected background systems and the constantly updated information for members of the management...

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Interest rates are lower than ever

KAVOSZ Zrt. manages the Széchenyi Card Programme, which is already accessible at 11 financial institutions and in part due to the state’s interest rate subsidy it is the most successful...

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Factoring: payment trends and credit risk factors

Hungarian enterprises have become more disciplined in paying invoices and collecting receivables, and they are also more careful when it comes to selecting business partners. In general we can say...

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Fewer Hungarians worry about debt

Nielsen’s 2nd quarter survey (conducted in 60 countries) asked the question ‘What will be your biggest concern in the next six months?’ and while in the 3rd quarter of 2013...

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Magazine: Regardless of age

People of all ages like to play and sales of toys and games are growing in Hungary, especially in the summer and winter season when many new products are introduced...

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Web stores can avoid the advertising by escaping to foreign lands

Many small and medium-sized domestic web shops may decide to relocate abroad in the near future due to the effects of the advertising tax – Kis Ervin Egon, the president...

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More resources will be allocated to the development of beekeeping

In the following years, an annual 4.7 million euros, 20 percent more subsidy will be allocated to the development of beekeeping, especially to develop the technology and to modernize the...

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FM: constant goal is to retain the GMO-free status

Hungary must continue to preserve its genetically modified organisms (GMOs) exemptions, which can also be read in the new basic law – the Ministry of Agriculture (FM) drew attention in...

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Draft about the single electronic card system

The government intends to run a unified electronic card issuing system from next August. The act regulating the structure and operation of the system was published on the government's website...

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The Santa's factory is already accepting donations

The Santa's factory is already accepting donations from October. This year the Santa's factory aims to help with toys, clothing, cleaners and permanent food for at least 350 thousand families....

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A very good grain harvest in the Czech Republic

This year's grain harvest became very good in the Czech Republic – the Czech Statistical Office (CSÚ) announced on Tuesday. From cereal grain and maize a total of 8.73 million...

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Two hundred million people could be fed from the wasted food in China

Every year nearly 200 billion yuans, or 8 trillion HUF worth food is wasted in China. The professionals draw attention to the excessive purchasing in the most populous country in...

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There is a child in every adult

Some of the promotional gifts are toys or games, from sporty ones to figures to board games. Éva Váradi, sourcing and marketing director of Golding Business Gift Kft. reckons it...

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The “High Quality Pork” branded products appear at more and more places

The auditing of 60 firms has been successfully completed, already, so the “High Quality Pork” branded products are available in more and more places – Menczel Lászlóné, the Secretary of...

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Hot Summer: 15 thousand NAV controls

The NAV’s staff carried out about 15 thousand inspections nationwide in July and August, and deficiencies were found at nearly quarter of the cases. The amount of fines excessed 530...

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A good corn crop is expected

The harves of corn has started, and as expected a good, about 8-9 million tons of crops can be expected this year after last year's 6.7 million tons – the...

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Opten: a slow consolidation in the company world

More than ever, 10,722 firms were deleted by in the third quarter of 2014 in Hungary. It is 5 percent more than in the previous quarter (10,174) and 33 percent...

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Nébih: the bluetongue disease has appeared in Hungary

The national animal health reference laboratory of the National Food Chain Safety Office (NÉBIH) detected bluetongue disease in the southern part of Csongrád county. Around 20 km radius of the...

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