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Private borrowing to be tightened from October
From October 1, the National Bank of Hungary regulates the percentage of income that a household can spend on repaying a loan. The goal is for more people to choose...
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KSH: showed a two-digit increase in exports and imports in July
In July, exports in euros were 11.4 percent higher than in the previous year and imports increased by 10.6 percent. Foreign trade surplus was 373 million euros, 91 million euros...
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The joint action of the National Association of Large Families and Auchan has facilitated school start to nearly 1000 large families
Children living in 2500 large families and their parents have been given school supplies in the past few days in the joint action of the National Association of Large Families...
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Kresz Magdolna is the new commercial leader of Coca-Cola Magyarország
Kresz Magdolna, the new commercial leader of Coca-Cola Magyarország has held domestic and international sales positions at Procter & Gamble in the past ten years. Kresz Magdolna is strengthening the...
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New turquoise ornament on the crown of François
The François brand has come to a milestone in its life, and finally the new champagne family is expanding. François represents the top of the Törley portfolio, these items are...
Read moreGlobal grain production is weak
According to the UN Food and Agriculture Organization’s (FAO) flash report, the world’s lowest cereal yield of the last three years will be harvested that will lead to a drop...
Read moreThe ODBE opened a new logistics center in Zalaegerszeg
The National Tobacco Shop Supplier Ltd. (ODBE) opened a new logistics center in Zalaegerszeg on more than 2000 square meters. Peho Árpád Managing Director told at a press release on...
Read moreAutumn Wine Muster and Szeged Aviation Days from Wednesday
Various programs will be offered in the middle of September at the Wine Square Autumn Wine Muster and the Szeged Aviation Days – the organizers informed MTI. At the gastronomic...
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Artificial meat against climate change
The emissions of greenhouse gases from agriculture could be spectacularly reduced – experts say, if people would consume meat produced in the laboratory – agrarszektor.hu wrote. A serious portion of...
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S/ALON BUDAPEST from 21 to 23 September in the Budapest Sportarena
“The S/ALON BUDAPEST exhibition aims to provide a dignified platform for introducing the domestic design and the participants of the furnishing market. Instead of a rooftop vendor-style show, the S/ALON...
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Szerencsi Bonbon is already preparing its Christmas surprises
According to István Takács, managing director of Szerencsi Bonbon Kft., Hungarian shoppers have been buying more high-quality sweets recently than in previous years, which is really good news for companies...
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Magazine: Candy sales are growing together with the sweets market’s expansion
On 3 July the Association of Hungarian Confectionery Manufacturers reported on the state of play in the candy segment of the confectionery market. President Sándor Sánta and head of the candy...
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(HU) Formabontó stratégiák, elköteleződő vásárlók
Sorry, this entry is only available in HU....
Read moreRetail sales may grow by around 6 percent this year
Retail sales are expected to grow by around 6.0 percent this year, reaching a year-on-year growth rate of around 6.0 percent, and contributing significantly to the rise in gross domestic...
Read moreAnalysts: over four percent growth is expected in 2018
This year, gross domestic product (GDP) in Hungary could increase by 4.2 – 4.6 percent, analysts said after analyzing the second estimate of the Central Statistical Office’s data. Central Statistical...
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The VAT on long-lasting milk will be reduced next year
Next year, the VAT of another basic food, the VAT on long-lasting milk (UHT, ESL) will decrease, which can partly be reflected in retail prices and increase traders’ margins –...
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Auchan opened a supermarket in Zalaegerszeg
Auchan opened a supermarket in Zalaegerszeg on Thursday, two more units are expected to be handed over by the end of the year – the supermarket chain told MTI. The...
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Nébih imposed a fine of over 25 million forints during the summer seasonal food chain control
During the summer seasonal food chain check, between 1 July and 20 August, the National Food Chain Security Office (Nébih) imposed more than 25 million forints in 303 cases –...
Read moreSixty-five programs await the visitors to this year’s Harvest Days in Szekszárd
Sixty-five programs – including folk music, pop music concerts, exhibitions, hundreds of performances and nearly forty wineries, pálinka houses – await the audience at this year’s Szekszárd Harvest Days, which...
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Goose Festival to be held in Kiskunfélegyháza
In addition to the professional conference of goose-breeders, goose farm visit, drama and drawing contests, a sightseeing tour and numerous pop music concerts await the audience on September 7 and...
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‘Turn on the siren, Marzipan!’
… – sergeant Pityke used to say to his dog in the famous Hungarian cartoon, when we were little. Already back then the Szamos brand was something special in the world...
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The Danish Arla Foods distributes this year’s total profits among milk producers
The Danish Arla Foods is wholly owned by the dairy farmers and it has its own advantages; it responded sensitively to the current drought and decided to distributes this year’s...
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Plastic-free Lego may come
Lego CEO says the company will soon be able to completely stop using plastic for the production of toys, but it is difficult to tell the financial implications of this...
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Magazine: Holidays dipped in chocolate
Even manufacturers were surprised by the sales performance of seasonal confectionery products at the end of 2017. Kitti Végh, brand manager (confectionery) of Nestlé Hungária told that sales of pralines and...
Read moreRetail sales continued to grow
Retail sales in July were 5.4 percent higher than in the previous year. Calendar effect adjusted the growth was 5.3 percent, according to a first estimate released by the Central...
Read moreNielsen: The Hungarian retail is a silver medalist at European level
The Hungarian market for daily consumer goods increased by 7.8 percent in the second quarter of 2018. Hungary’s retail trade, which is far over the European (2.4 percent) average, increased...
Read moreKSH: GDP increased by 4.8 percent in the second quarter
Gross domestic product (GDP) became 0.2 percentage points better than in the previously expected 4.6 percent in the second quarter, compared to the same period last year, according to the...
Read moreITM: the growth of the wealth of households that drives retail
Thanks to the increase in the wealth of households and the increase in retail sales, the increasing revenues stimulate investment – the Deputy Minister of State of the Ministry of...
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The SPAR Lifestyle Program continues
The SPAR Lifestyle Program is evolving: Apart from expanding the range of health-conscious products, SPAR also helps the consumers to find a handy recipe book. The nutrition experts and trainers...
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