News and articles
Good performance from Amazon Web Services
Last year more than half of e-commerce giant Amazon’s revenue came from Amazon Web Services (AWS). Amazon launched this in 2006 to provide businesses with cloud-based IT services. In the...
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How does the introduction of Payment Services Directive 2 in 2019 affect retailers?
The European Union gave a green light to the Payment Services Directive 2 (PSD2) in November 2017, which is basically a collection of regulatory technical standards (RTS) enabling consumers to...
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There is no one to carry out the digital revolution
Digital transformation affects basically the whole Hungarian SME sector, but only a few of these companies can exploit the opportunity created by the digital switchover, because there aren’t enough experts....
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GKI: Real estate market races without braking
n January of 2019, the GKI real estate indices for Budapest and Hungary stood at 9 and 11 points respectively. Budapest index decreased by almost 2, the national index rose...
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Nielsen: manufacturer brands and discount stores are the most popular in retail
Manufacturer brands and discount stores were the most popular participants of retail in 2018, according to the retail survey of Nielsen monitoring 90 food and 80 household chemicals and beauty...
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We are running out of domestic potatoes
According to the Agricultural Economics Research Institute, 192.7 thousand tons of potatoes were produced on 8046 hectares last year. The average yield ranged from 13.4 to 50 tons – Világgazdaság...
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The Ministry of Agriculture is the partner of farmers in the apple issue
The Ministry of Agriculture (AM) wants to be a partner for apple growers to solve the apple market situation, but farmers need to decide how they want to produce in...
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KSH: the number of employed increased in the fourth quarter of last year
In October-December last year, the average number of employees was 4 million 481 thousand, 34 thousand more than a year before. The employment rate of 15-64-year-olds increased by 0.7 percentage...
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Hungarian wine producers closed a good year in 2018
Despite the extreme weather conditions, early harvest and yield restrictions, Hungarian wine producers closed a good year in 2018. The annual evaluation of the Dubicz Winery and Vineyard of the...
Read moreMore and more people are cooking pálinka at home
Hundreds of people bought the equipment needed for making home-made pálinka last year, so nearly 24,000 cauldrons have been registered by local authorities in recent years – Magyar Idők wrote....
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Pohner Ádám: The Hungarian team performed as it was planned at the Bocuse d’Or
“We were able to do everything we wanted,” Pohner Ádám, chef told MT, after Tuesday’s race day of the most prestigious chef competition in the world, the Bocuse d’Or. The...
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National Innovation Forum to start at 25 locations
The Ministry of Innovation and Technology (ITM) and the National Office for Research, Development and Innovation (NKFIH) to launch National innovation consultation series. The National innovation consultation series to take...
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Cash-saving program to be started at fifteen schools
With the involvement of fifteen educational institutions, a cash-saving school program will start for students and parents in the semester that is just starting – the Director of Education at...
Read moreGfK’s German consumer sentiment index has improved
Instead of the expected decline, the consumer sentiment index of GfK’s Nürnberg Institute for Economic Research improved in February in Germany, while consumer expectations and willingness to buy increased again,...
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A few pieces of stinking fruit were sold at an amazing price
Some special pieces of the Southeast Asian fruit, the Durian are sold in a hypermarket in an Indonesian city for gold prices. For a single piece, 14 million rupees, 1343...
Read moreUS employment data is over expectations
In contrast to the expected 178,000 people, 213,000 new jobs were created in the US private sector in January – portfolio.hu wrote afrter ADP. In addition to the better-than-expected developments,...
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Magazine: Winning cards
Mastercard was the sponsor of the prize game and the cooking contest. We asked marketing manager Péter Mondovics about the cooperation. How did Mastercard end up ‘on the dinner...
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Magazine: Vegetables perform better than fruits
Vegetables are grown on 83,000-85,000 hectares of land in Hungary, annual production is around 1,900-2,000 thousand tons and this represents a value of HUF 185-190 billion. According to Ferenc Ledó,...
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(HU) „Mi tudjuk, hogy megéri – megtérülés a trade marketingben”
Sorry, this entry is only available in HU....
Read moreAM: Hungary is opposed to make wine of inferior quality grape varieties
The European Commission would authorize wine production from decades forbidden vines, but Hungary opposes the proposal; a further 12 EU member states supported the Hungarian initiative to maintain the ban...
Read moreNagy István: reduction in rural development funds is unacceptable
The European Commission’s proposal to reduce Hungary’s rural development resources after 2021 by more than 26 percent is unacceptable – Nagy István, Minister of Agriculture said at the Agriculture and...
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The cultivation of GMO-free protein crop should be promoted due to the reduction of EU soy import dependency
The cultivation of GMO-free protein crop should be promoted due to the reduction of EU soy import dependency Hungary continues to be committed to genetically modified food (GMO) -free food...
Read moreTesco does not plan to close stores in Hungary
Tesco does not plan to close stores in Hungary, the store chain will continue to invest heavily in its stores – Tesco-Global Áruházak Zrt. told MTI on Tuesday. In the...
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Street food dino – Video of the day
Go Neng in Chiang Mai, Thailand sells crispy street doughnuts that look like dinosaurs. These crunchy fried Chinese doughnuts are called youtiao, or pa thong khao in Thai. The fried...
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Nébih: the second installment of the food chain supervision fee should be paid by 31 January
The second installment of the 2018 food chain supervision fee should be paid by 31 January – the National Food Chain Safety Agency (Nébih) draws attention. The Authority recalled in...
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The Pro Agria economic awards were handed over in Eger
The Pro Agria economic awards were handed over on Monday in Eger at the party of big taxpayers – the Mayor’s Office told MTI. The award was established by the...
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The sales revenue of the Regio Játékkereskedelmi Kft. grew by 16 percent last year
The Regio Játékkereskedelmi Kft. achieved net sales of 12.2 billion HUF in 2018, 16 percent more than in the previous year – the company told MTI on Tuesday. According to...
Read moreThey want to roast the perfect coffee in outer space
Anders Cavallini and Hatem Alkhafaji, two entrepreneurs want to use rocket technology to roast the coffee. They plan to launch their coffee roasting capsules next year to space. The capsule...
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The EC has authorized the use of American soybeans as biofuels
The European Commission has authorized the use of American soybeans as biofuels on Tuesday, which will certainly increase the volume of imports from the United States. Authorization was granted until...
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