Company and Personal News

Romanian retail sales volume grew by 10.7 percent last year

Last year, the volume of retail sales grew by 10.7 percent compared to the previous year in Romania – the Romanian National Statistical Institute announced on Monday. Sales of non-food...

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Most executives are optimistic, but IT developments may stagnate

The Rentasystem has released its fourth annual survey on IT investments and financing background of the domestic SMEs and large companies. This year, the survey also covered production equipment and...

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Magazine: Swedish cuisine has its own treasures

Although Scandinavian cuisine isn’t the best-know in European gastronomy, we get the chance to try some typical Swedish dishes in the restaurants of IKEA stores. The Swedish like meat very much...

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KSH: retail sales increased by 4.8 percent last year

Together with the 4.7 percent increase in December, retail sales grew by 4.7 percent last year as a whole, compared to the previous year. According to the calendar effect adjusted...

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NMHH: the number of product placements has increased significantly

According to the National Media and Communications Authority (NMHH), the number of product placements increased by 75 percent in the first half of 2017, compared to the same period of...

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The Seed Association published a 92,000 HUF net price per tonne for sealed seed of spring cereals

The Seed Association Interprofessional Organization and the Board of Products has published a net price of 92,000 HUF per tonne for sealed seed of spring cereals. According to the interbranch...

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Bisnode: The most risky industry is the food industry

Last year, the number of termination procedures affecting business companies fell by 9.3 percent, thus initiating one-seventh fewer payment procedures – according to Bisnode Magyarország Kft.’s latest analysis of last...

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Special Hungarian fruit varieties to be promoted

The vote initiated by the Hungarian Horticultural Propagating Material Nonprofit Kft. (MKSZN) promotes special Hungarian fruit varieties – was said on M1 news channel on Sunday. Kasztovszky Zoltán, Managing Director...

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A village economist office was opened in Mezőcsát

The Hungarian National Agricultural Chamber (NAK) has opened a village economist office in Mezőcsát, Borsod-Abaúj-Zemplén county. At the event, Tállai András, Minister of State of the Ministry of National Economy,...

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CIB Fund Manager: Economic growth will be around 3.8 percent this year

In Hungary, the CIB Fund Manager is expecting a recurring growth of 3.8 percent in 2018. According to the company’s expectations, global GDP could grow by 4.1 percent, after the...

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GMO-free products are a competitive advantage for Hungary

It is a competitive advantage for Hungary to produce GMO-free products that can be sold at a higher price on the world market Gyuricza Csaba, Director-General of the National Agricultural...

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Flour price increase to come again

The costs in the mill industry increased significantly, since the average 5 percent increase occured after the 2017 harvest, so it is not possible to delay the further increase in...

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KSH: foreign trade surplus has decreased

Last November, the euro-denominated exports grew by 6.4 percent, imports increased by 8.1 percent year-on-year, and foreign trade surplus was 84 million euros less: 713 million euros, according to the...

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Operating changes at Tesco

In the coming months, Tesco will take further steps to serve the customers more efficiently. The operation of the bakery and refreshment counters will change in some stores and new...

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The Y generation consume a variety of digital devices 11 hours a day

The members of the Y generation (also known as the Millennium Generation) spend up to 11 hours a day with a variety of digital devices – according to the survey...

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The ULT Magyarország has offered a three-year tobacco production contract to the growers

The ULT (Universal Leaf Tobacco) Magyarország Zrt. announced a three-year tobacco production contract to its close to 700 producers, the US-owned company informed the farmers on Thursday in Nyiregyháza. Fekete...

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MNKH: Hungarian SMEs signed 600 contracts in a value of 10 billion HUF in foreign markets with the help of the trading house

Over the past three years, more than 600 successful transactions have been carried out by Hungarian small and medium-sized enterprises (SMEs) in a value of over 10 billion HUF through...

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The National Agricultural Research and Innovation Center has received funding for climate change research

The National Agrarian Research and Innovation Center (NAIK) won 635.61 million HUF EU funding for climate change research. The NAIK told MTI on Thursday that research has been conducted at...

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The Service Center of the Agricultural Chamber was handed over in Karcag

The National Chamber of Agriculture (NAK) opened its sixth NAK Service Center in Karcag providing information and consulting services to farmers, businesses with the involvement of external professional partners. The...

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Praktiker and the fix24 specialist search portal have concluded a strategic agreement

Praktiker has concluded a strategic agreement with the fix24 specialist search portal, whereby specialists, construction companies and service companies will be associated with the DIY chains’ products who can help...

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Magazine: Data protection deadline

Although the General Data Protection Regulation (GDPR) of the European Union entered into force in May 2016, companies have time until 25 May 2018 to change their data management procedures...

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New beverages at the selection of Future Store – We invite you to take a closer look at it!

Within the compass of SIRHA Budapest 2018, the meeting point of Future Store is about to introduce a wide range of product developments. Now it’s time to call your attention...

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FruitVeB: the Hungarian fruits and vegetables will be promoted again this year

The fruits and vegetables promotion campaigns of the Hungarian Vegetables and Fruit Interprofessional Organization and Product Council (FruitVeB) will continue this year. Within the campaign, one of the most important...

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NFM: eCommerce is in the focus of consumer protection this year

In 2017, the Consumer Protection Authority and the Ministry of National Development (NFM) checked more than 800 webstores, five times more than in the previous years, mainly through trial purchases....

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Lidl has issued a common international fruit and vegetable procurement policy

On 1 February 2018 Lidl Hungary officially introduces the discount supermarket chain’s standardised international rules of fruit and vegetable purchasing. Lidl is present in 29 countries and the sourcing rules regulate...

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The dm’s domestic webshop has been launched

The dm drugstore chain launched its online sales on Thursday. Due to the renewal of the previous website, customers can choose from 7400 products online including almost the entire dm...

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Capacity expansion at Márka

The Márka Üdítőgyártó Kft. won 496.91 million HUF non-refundable support under the GINOP-1.2.1-16 call for tender to further expand its soft drinks production capacity. The company, which is the exclusive...

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MNB: households and companies have saved more when borrowing in 2017

Companies and households have raised their bank deposit last year more than their credits -according to the data released by the National Bank of Hungary on Thursday. It can be...

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MLBKT: the Purchasing Manager Index broke records in January

The seasonally adjusted value of the Purchasing Manager Index (PMI) broke records, reaching 60.9 points in January. The index continues to show dynamic growth, its value is higher than the...

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The NAK provides soil testing services to its members

The National Chamber of Agriculture (NAK) also offers laboratory soil testing to its the members with the participation of the University of Kaposvár (KE) – the chairman of the public...

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