News and articles
PM Minister of State: the ministry would support the solar development of SMEs
Public consultation on the draft of the call for proposals “Supporting the installation of a solar system for micro, small and medium-sized enterprises” within the Economic Development and Innovation Operational...
Read moreHong Kong and Hungary want to strengthen their economic relations
On Thursday, the business delegation of the Hong Kong Trade Development Council (HKTDC) arrived to Hungary for a two-day business visit, led by Edward Yau Tang-wah. Hong Kong and Hungary...
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Tourist Agency: tourism revenue increased by 10 percent in January
In January, tourists spent about 30 billion HUF for domestic accommodation, and while the number of guest nights remained almost the same as in the previous year, the hotels were...
Read moreOnline toilet map for tourists was prepared in China
Baidu, one of the country’s largest internet search engines developed an online toilet map requested by the Chinese Ministry of Culture and Tourism to help tourists find the closest toilets...
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SMEs intend to invest
Currently 75 percent of the SMEs are currently preparing for some kind of investment. This is the best data since 2007. The intention is even stronger for medium-sized companies, as...
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Magazine: Looking back on 2018
László Kovács, president of the Guild of Hungarian Restaurateurs (MVI) summarised what 2018 brought in the life of the guild. 2018 was a busy year as regards negotiations and harmonisation...
Read moreConsumers want smooth, easy-to-carry out purchases
The customers, who are bombed with a wealth of opportunities are constantly striving to simplify their purchasing decisions. In addition to this, the use of digital technology is driven by...
Read moreSzázadvég forecasts a GDP growth of 3.9 percent for 2019 and 3.5 percent for 2020
Századvég did not change its forecast compared to its December forecast. GDP is expected to grow by 3.9 percent this year and by 3.5 percent in 2020 – the researcher...
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The solvency of Hungarian households improves according to the new index of Intrum
According to the Intrum solvency index (IFI), the solvency of households was the highest last year since 2010, and further improvement is expected in the trend. The new indicator, which...
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The most up-to-date horticultural center in Central Europe is under construction in the vicinity of Hegyeshalom and Bezenye
The most up-to-date horticultural production, processing and logistics center in Central Europe will be built within the 1 billion euros (313.7 billion HUF) investment of the German FAKT AG in...
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Reusable vegetable and fruit storage bags in SPAR
SPAR encourages its customers to use environmentally conscious reusable vegetable and fruit storage bags in their stores in Szeged, Győr and Tatabánya. SPAR’s new green initiative is unique in domestic...
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Workania: the average gross earnings in Hungary exceeded the 300,000 forint limit last year
Last year, the average gross earnings were 337,500 HUF in Hungary, which represents a 13 percent increase compared to the same period of the previous year – the online research...
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A co-operation agreement has been reached for the development of Hungarian spirits production
A strategic cooperation agreement was concluded between the Szent István University (SZIE) and the Miskolci Likőrgyár Zrt. in Budapest on Wednesday, in order to improve and sustain the development of...
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Great Retro Research
The retro fever is raging and people are even willing to pay more for a past product or service – the Tó-retró blog revealed in its research. The most popular...
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Waberer’s International increased its revenue
The Waberer’s International Nyrt. increased its revenue by 4 percent to 186 million euros in the last quarter of 2018, compared to the same period of last year. Annual revenue...
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Nébih: one can collect only two kilograms of bear garlic for own consumption
One can collect only two kilograms of bear garlic for own consumption in public forests that do not qualify as nature conservation areas. For commercial collection a licence is required...
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The United States and China are the EU’s biggest trading partners
The European Union concludes one third of its foreign trade with the United States and China, while Germany is the largest trading partner for most of the EU member countries...
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KSH January is not a peak season for Hungarian accommodations
In January, foreign guests spent 1.2 percent less, and domestic guests 0.1 percent less guest nights at commercial accommodation establishments than a year before – the Central Statistical Office (KSH)...
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Magazine: Gel beats powder
Bernadett Vékásy, brand manager of Henkel Magyarország Kft. informed our magazine that in 2018 laundry detergent volume sales had grown a little, but the increase in value sales had been...
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AM: joint effort of seven countries to keep production-related EU agricultural subsidies
Seven countries, including Hungary asked for an increase of production-related EU agricultural subsidies or at least to keep it at the current level in the post-2020 EU budget period at...
Read moreAnother 5 billion HUF support for the job creation of the small and medium-sized enterprises
The Ministry of Finance announces a tender in a value of five billion forints to support the job creation of the micro, small and medium-sized enterprises – Varga Mihály told...
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The revenue of the Bonafarm Group grew last year
According to the not yet audited results, the revenues of the Bonafarm Group, together with its strategic partners, increased to 266 billion forints last year, from the previous year’s 202...
Read moreAldi reduces the use of plastic packaging in its stores
The Aldi Magyarország Élelmiszer Bt. reduces the use of plastic packaging in its stores. The company in its announcement sent to MTI told that the company will use 100 percent...
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The first Hungarian gin distilerry has opened
The Első Magyar Gin Manufaktúra Zrt. started its operation with about 75 million HUF own investments in Újpest. The main product of the distilerry is Opera Gin Budapest – privatbankar.hu...
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Labor costs increased in the EU
Labor costs have increased in the European Union as a whole and in the euro area in the last quarter of last year – according to the data released by...
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Vending machine operators would avoid price increases
The Hungarian Post has received hundreds of applications for installing new food and beverage vending machines, but according to the industry alliance, 10-15 percent of the machines may disappear from...
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