Events

Retail sales grew beyond the expectations of experts

April retail sales growth have surpassed the expectations. According to experts annual growth can exceed last year's sales. According to the communication of the Central Statistics Office (KSH) released on...

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GfK: the Hungarian market has a huge potential for the direct banks

Although the Hungarian banking market has not yet going toward the direction of the direct business model, based on foreign experience it is only a matter of time that the...

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Magazin: Every fourth forint spent on groceries goes to private labels

From total domestic grocery retail sales the value share of private label products grew to 25 percent in 2012 from the 24 percent of 2011. As regards volume sales, their...

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Coface: deterioration in the region's solvency

After the improvement of 2011, the economic environment in the Central and Eastern European region became less favorable last year. Insolvency index increased everywhere except Latvia, Estonia and Ukraine –...

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Experts expect high cereal and corn crop for this year

Cereal crops are in a very good condition on the fields. This year’s yield can far exceed the average of the last five years. This is true in the case...

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China may levy punitive toll on European wines

China launched the investigation a day after the EU imposed anti-dumping levies on Chinese solar panel imports. Dumping refers to firms selling goods below their fair value, which the EU...

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Spritzer and barbecue festival at the Kopaszi-gát

The Spritzer and Barbecue Festival of Buda will be held for the first time at the Kopaszi-gát; the free event will await its visitors with wine and fruit spritzers, meat...

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EU retail sales momentum has been broken

The momentum of retail sales broke in the European Union in February. According to the figures of Eurostat published on Friday sales volume declined by 0.3 percent in the euro...

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Positive discrimnation for Balaton-wines

The two most famous winemakers’ association of the lake have announced a campaign entitled “Balaton wines to the Lake Balaton!” They want to achieve that the lake-shore restaurants, hotels to...

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The decline in retail sales accelerated

The decline in retail sales in February accelerated in the Czech Republic. While in January the decline was 0.5 percent on an annual basis, it was 1.7 percent in February...

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NFC-based communication is reaching higher numbers

The NFC (non-contact) technology-based mobile wallet services integrate the functions of plastic cards into a single smart phone. The solution of the Hungarian Mobile Wallet Association can be tested by...

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The country where tourists spend the most money on tourism

Last year, Chinese tourists spent 102 billion USD for foreign tourist trips. This is 40 percent more than the data of 2011, so China overtook Germany and the United States...

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Fifty thousand HUF grant can be claimed from now for online cash registers

Entrepreneurs can claim 50 thousand HUF per cash register non-refundable support until 15 December for the cash register replacements – the regulation of the national economy minister contains. The regulation...

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An annual 100 billion HUF loss in agriculture due to weather

The bad weather causes an approximately 100 billion HUF loss in turnover to the Hungarian agriculture per year – Poprády Géza, Minister of State told at the Ministry of Rural...

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SMEs are still unsure in connection with the SME tax and the free enterprise zones

Although, most of the businesses knows the SME tax the actual number of registered SMEs is under the of expectations. Since more than half of the companies have not thought...

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This year's ice cream: raspberry with red wine essence

A raspberry ice cream with red wine essence has deserved the “Ice Cream of 2013” title this year. Decision will born on the “Cake of Hungary 2013” later. On Monday,...

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Belgian Beer Festival in Nyíregyháza

After the Czech Beer Days, Belgian beer festival will be held in Nyíregyháza between 6 – 9 May – Máthé Csaba organizer, manager of the sports hall told MTI on...

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The Hungarian Food Bank Association sent food donations to more than 17 thousand children

The Hungarian Food Bank Association, in the scope of its “Terülj, terülj asztalkám” competition aims to support Children's Day programs, where the association provides food donations for the children of...

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Community honey – urban apiary in the heart of Budapest

A German creatives are creating urban apiary this summer in Budapest. Anyone can join to the social and artistic experiment who is interested in apiary and at the end of...

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Football champions in high school: Ajka and Kisvárda

The Coca-Cola Cup is the biggest football championship for lower-secondary school girls and boys in Hungary and one of the biggest in Europe. The event’s objective is to instil a...

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Polish agriculture and agri-food trade

In 2010 an agricultural census was implemented in Poland, which revealed that the number of farms reduced by more than 300,000 in the last eight years. Farms with land smaller...

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5-10 percent growth to be expected in the milk industry

Similarly to the previous year, another 5-10 percent growth is to be expected at the milk-industry this year – László Lukács, executive director of Dairy Professional Association pointed out on...

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The pig industry needs more premium products

The main goal of the big-industry is to produce high quality, premium items, instead of focusing on quantity – state secretary of the Rural Development Ministry (VM) Endre Kardeván pointed...

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The Széchenyi Card Program loans for EU tenders are available in the MKB bank

From the beginning of July 2013, the MKB Bank starts the distribution of the Széchenyi Önerő Kiegészítő Hitel and Széchenyi Támogatást Megelőlegező Hitel that can be claimed for EU tenders....

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Immediate inspecion ordered due to GMO-infected maize seeds

A global seed and crop inspection has been ordered by the Minister of Rural Development, ias it was found that a certain amount of GMO-infected maize seed has been found...

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Public catering might get 70 percent more expensive from January

The Hungarian Association of Public Catering (MKSZ) is discussing oppotunities with the Department of Human Resources (EMMI). According to MKSZ, if the regulation of the ministry will enter into force...

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Four companies in co-operation with MNV

MNV has signed an agreement of cooperation with Magyar Posta Zrt., MVM Magyar Villamos Művek Zrt., Szerencsejáték Zrt. and Hungaroring Sport Zrt. in order to strenghten professional relations and set...

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The average price in domestic food stores increased by 5 percent

The average price in food stores in Hungary increased by 5 percent during the first quarter of 2013, compared to the same period of last year. In Europe the average...

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The Hungarian fruit industry has arrived to a milestone

Additional investment, secure success – we can summarize the results of the latest experiment of the National Research Institute of Pomology briefly. In the experiment, the experts carried out cherry...

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Hungarian households are fond of milk

Since EU accession the Hungarian dairy industry’s domestic market has generally expanded as turnover and consumption have both grown, but this has been increasingly due to cheap imports, while the...

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