Company and Personal News

The Spar plans a more than 23 billion HUF investment

The Spar Magyarország Kereskedelmi Kft. this year plans a more than 23 billion HUF worth business development investment. The company re-opened its Interspar store in Zalaegerszeg modernized from over one...

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Randstad: companies where the Hungarians would willing to work

The Randstad Employer Brand awards were handed over tonight. The Randstad Employer Brand awards are based on the world’s largest independent employers’ brand research. There were no big surprises for...

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The Coca-Cola HBC Magyarország is expanding its warehouse in Dunaharaszti from 2 billion HUF

The continuously increasing exports made the expansion of storage capacities necessary, so the Coca-Cola HBC Magyarország began the construction of a 6500 square meter warehouse in the center of Dunaharaszti...

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The Growth Loan Program has been completed

The contract period of the third, leading out phase of the Growth Loan Program (NHP) ended on 31 March. Within the third phase of the Growth Loan Program (NHP), since...

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The construction of the citric acid factory may begin at the end of the year

Szabó István deputy mayor of Szolnok informed MTI on Wednesday that the Ministry of National Economy approved the documents needed for the construction past weekend. So the construction works of...

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Retail sales rose in Romania

In the first two months of this year, the Romanian retail sales volume rose 5.4 percent, compared to the same period last year – the Romanian National Statistical Institute announced...

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The European Commission has authorized the acquisition of Syngenta for ChemChina

The European Commission on Wednesday authorized the purchase of Syngenta for ChemChina China National Chemical company. The China National Chemical Corp. (ChemChina) group won European Union antitrust approval for its...

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Univer relying on a Hungarian tradition

2,600,000 – this is how many bottles of Erős Pista Univer Product Zrt. sells in one year. The Kecskemét-based company is in Hungarian ownership, and it was one of the...

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Sun protection with a sundial

In 2017 dm organises a competition for kindergarten children to build their own sundial, with the help of which they can learn a simple rule: when their shadow is very...

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KSH: retail sales increased by 1 percent in February

The volume of turnover in retail stores, according to the raw data increased by 1.0 percent, while calendar effect adjusted increased by 1.2 percent in February, compared to the same...

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NGM: retail expansion indicates public trust

Retail sales expanded moderately in February, which have been steadily increasing for 44 months – the Deputy Minister of State of the Ministry of National Economy (NGM) told M1 news...

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The Kopint-Tárki is expecting a 3.7 percent economic growth

The Kopint-Tárki Konjunktúrakutató Intézet Zrt. increased its forecast for this year’s GDP growth from 3.2 percent to 3.7 percent. The business climate research institute expects a 3.2 percent economic growth...

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Kósa: there will not be a 9 percent tax on advertising in 2018

Next year there will not be a 9 percent tax on advertising – Kósa Lajos, Fidesz faction leader said at a press conference in Budapest on Tuesday. The politician said...

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FM: bio-ethanol factories are becoming more involved in the development of the cereals sector

The biofuel production companies have an increasing role in the larger-scale consumption of grain grown in Hungary – the Parliamentary Minister of State of the Ministry of Agriculture (FM) stressed...

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This year’s Wild Garlic Festival in Orfű is taking place in line with the Easter spirit

The Wild Garlic Festival will be held for the fourteenth time in Orfű near Pécs in the second weekend of April – the organizers told MTI. According to your communication...

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EU and the euro area retail sales increased in February

The seasonally adjusted volume of retail trade rose by 0.7 percent in both the euro area and the whole European Union (EU28) in February compared to the first month of...

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Diego: intensive expansion and stylish new interiors

One of the largest franchise network of the region, the Diego continues to expand its domestic partner range and starts an intensive expansion abroad. Until 2020 the company will double...

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Kőröstej’s stand was popular at Gulfood

In just five days visitors tried 250kg of cheese from 80 different types at Kőröstej’s stand at Gulfood. Between 26 February and 2 March several thousand people had the chance...

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Arany Ászok Freshly Filtered is here

Arany Ászok Freshly Filtered is the name of the new, unpasteurised beer of Dreher Breweries. It is available in both bottled and canned version. Arany Ászok Freshly Filtered doesn’t only...

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Nielsen: nearly 30 billion HUF was swabbed last year

In the past twelve months, between March 2016 and February 2017, Hungarians spent almost 30 billion HUF on cleaning agents – the Nielsen Retail Index reveals. General cleaners are in...

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E-commerce is booming all across Europe

In Europe, the quarter of Internet users buy something every week in the online space, while among the Hungarians, the ratio is 18 percent – the Masterindex European e-commerce and...

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“Mandatory fetter”: how severe the burden of mandatory wage increase is?

The February business survey of the GKI Gazdaságkutató Zrt. economic researcher examined the business impact of the minimum wage increase. It is important to point out that the survey (companies...

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KSH: the growth of foreign trade turnover accelerated in January

In January this year, the value of exports in euros increased by 14.0 percent, while value of import increased by 15.2 percent after December’s 7.6 and 9.3 percent. The trade...

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HNT: wine-installation support requests changed from 1 April

In line with the EU rules, the size of the wine vineyards can be increased in Hungary, since last year. The new installation license application can be submitted to the...

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The gap between the richest and poorest EU regions is twenty-fold

There were huge differences between the in per capita gross domestic product of the 276 regions of the EU Member States in 2015 – according to data of the European...

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The NAV seized nearly 32 thousand packs of cigarettes

The financial investigators of the National Tax and Customs Office (NAV) seized almost 32 thousand packs of cigarettes hidden among frozen french fries in Pest County – the NAV told...

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Austrians are prepared for the international export competition

Austria is the 14th richest country in the world as regards per capita GDP. It is the 29th biggest export economy and the 10th most complex economy in the world...

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Consumer confidence at a five-year-high in the last quarter of 2016

Just like in Q3, the Hungarian consumer confidence index was at 64 points in Q4 2016. The European average was 81 points. From the three components of the index Hungarians...

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Packaging is more than just an advertisement

The right packaging can make a product stand out from the crowd on the shelves of hyper-and supermarkets. DS Smith is a leader in the science of packaging, constantly looking...

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