Events

Huge support for mangalitsa pig breeders

The Ministry of Rural Development announced that their support the boost in the breeding of domestic mangalitsa pigs with 110 million HUF. There is a great potential to preserve the...

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GKI: An economic recovery plan for Hungary, versio

This study is a summary of a research started in the summer of 2012 at GKI.   You can download the summary of the research from here....

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The Nébih found only a few errors when checking the chocolates

The National Food Chain Safety Office (Nébih) found problems at 3.5 percentage of the chocolates. The most common problem was the incorrect designation or expired date – Pleva György, leader...

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Traders cannot wait more to order the PC-based cash registers

Only ten working days left to order the PC-based cash registers to comply with the regulations and to adjust to the online cash registers. The Minister of National Economy has...

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NGM : No final decision on the reverse VAT on sugar

Final decision has not been born yet on the on the reverse VAT on sugar trade. The European Commission has decided only in the question of urgency, and not over...

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The Együtt PM is asking for an extension on penalties

The representatives of the Együtt PM asks for a penalty moratorium for those, who cannot make the online cash regisster transition until 31 March 2014. According to the representatives of...

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The HITA has closed a succesful year

The HITA (National Foreign Trade Office), brought 133-fold of its annual budget to Hungary in investments. The HITA (National Foreign Trade Office) has an annual budget of 9 million euros....

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China catching up when it comes to telecommunication

The value of the Chinese brands continues to grow rapidly. The rankings are still dominated by state-owned companies, while private companies show a quick pick up – the report on...

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The Hungarian Commercial Roundtable starts its operation

National Association of Entrepreneurs and Employers (VOSz) president Sándor Demján stated that government and business leaders must consider formulation a ten-year strategy for the trade sector, with particular emphasis on...

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Consumer confidence index rises

In the 3rd quarter of 2013 Nielsen measured 4 points higher consumer confidence index than in the 2nd quarter, the index reaching the biggest height since 2010 with 45 points...

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Hungarians’ grocery buying habits compared with the European average

80 percent of Hungarian consumers changed their households’ buying habits if compared with 12 months before, in order to save money. This ratio is one of the highest in Europe...

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Rise in household chemical and cosmetics product sales

Retail sales of household chemicals and cosmetics valued at HUF 200 billion in January- August 2013. Value sales were up 1 percent from the same period a year before, but...

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METRO starts the winter season with a dessert catalogue

Pralines and bonbons form an integral part of METRO’s confectionery selection. Communications manager Yvette Krubl told our magazine that these products represent about 15 percent of their total chocolate sales....

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New luxury chocolate brand from Budapest: Ypsilon Artisan Chocolates

Ypsilon Chocolates is an artisan chocolate manufacturer whose new product is the brilliant creation of chef Zsanett Ésik and chocolate master Csaba Kéninger: luxury-edition fruit bomb in a chocolate glass....

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Sales remained concentrated

Between December 2012 and September 2013 praline sales amounted to HUF 12 billion, with value sales climbing 2 percent but volume sales falling 5 percent. Sales remained concentrated as 400m²...

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Strong and stable manufacturer brands

Sales-wise shower gel is in the Top 10 of the 70 household chemical and cosmetics categories audited by Nielsen. Retail sales exceeded the HUF 8 billion level between January and...

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METRO’s wide selection of shower gels are displayed on special shelves

As a wholesaler METRO is in a difficult position in comparison with drugstores when it comes to selling shower gel. This is the reason why it needs to keep innovating...

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Standing on four legs all year round

METRO’s office supplies offering can be divided into four groups: office supply, school supply, office furniture and office machines. Communications manager Yvette Krubl reckons METRO is strong in the category...

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Nielsen: two millions were sold from gift packages containing lotions

The retail sold two million pieces of Christmas gift packages containing lotions and medicinal products. According to Retail Index of the Nielsen consumer information and knowledge services company, the consumers...

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Hungary has the lowest shopping center area rate per capita in the region

Within the region, Poland leads with 225 square meters of shopping center space for one thousand inhabitants, followed by Slovakia (221 square meters) the Czech Republic (210 square meters), while...

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The government sets up an online cash register working group

The government would speed up the online cash register replacement, therefore sets up an online cash register working group, that will include the representatives of the Ministry, the NAV, and...

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Gemius: e- commerce pages are least visited in Hungary in Central Europe

Most e-clients can be found Poland, in the Czech Republic mainly young people are visiting the websites, while the average age of such users are the oldest in Hungary –...

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Genetically modified potatoes cannot be marketed in the EU

In its Friday's judgment, the Luxembourg-based European Court of Justice annulled the decisions of in the European Commission, which authorized the marketing of genetically modified potato called Amflora for industrial...

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Increased amount of support will be given to the sheep and goat breeders

The sheep and goat breeders will be given increased amount of support, because the government succeeded at the European Commission that the Hungarian farmers can receive national resources worth 10...

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Carp fishing is necessary in the Balaton

Carp fishing is necessary in the Lake Balaton, because still 1.5-3 thousand tons of carps can be found in the lake, and carp breeding in the surrounding fishponds should be...

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More and more women drink beer

Domestic beer manufacturers could significantly increase their sales with advertisings for women, and with smaller but designed bottled beers – the research of the Budapest Business School shows. According to...

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KSH: The decline of agricultural prices accelerated in October

The decline of agricultural producer prices further accelerated in October. The agricultural producer prices are decreasing for the fourth month. According to the report of the Central Statistical Office (KSH)...

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The global marketing industry begins to recover, thanks to the digital area

This year, marketing professionals are becoming more optimistic everywhere all over the world. The budgets will increase, primarily due to the impact of digital investments – the survey of the...

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Hungarian companies are more optimistic, but have different visions about the future

According to the Market Sentiment research of Profession.hu, seven out of ten recruitment and not HR consulting firms believe that the number of their orders and their number will increase...

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The Millennium Generation befriends on the net

They spend most of their free time with passive entertainment, but 70 percent of the millennium generation consider themselves as happy internationally. This ratio is 62 percent in Hungary. They...

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