News and articles
The Purchasing Manager Index decreased in January
The seasonally adjusted January Purchasing Manager Index (PMI) became 52.5. It is lower than the 53.9 of December and it is the fifteenth highest since January 1995, the Hungarian Logistics,...
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Coca-Cola’s revenue increased
The flash report season in the United States continues. Coca-Cola published its figures for the last quarter of 2019 – Világgazdaság Online wrote. The beverage giant was finally able to...
Read moreGerman retail trade union urges constitutional amendment due to Sunday closing rules
The German constitutional law needs to be amended because of the regulation on Sunday store closure – the head of the Handelsverband Deutschland (HDE) told on a Friday. While online...
Read moreThe EU offers duty-free trade to Britain
The EU offers London an agreement on trade free of duty and quotas. This could be the central pillar of the partnership between the Union and Britain, privatbankar.hu quoted EU’s...
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The Mercure Budapest Korona became Hotel of the Year
The Association of Hungarian Travel Agents (MUISZ) has selected the Mercure Budapest Korona as the Hotel of the Year. The 30-year-old hotel will be completely renovated this year, with the...
Read moreThe number of tourists in Romania increased, but fewer foreigners arrived last year
In Romania, the number of tourists increased by 3.6 percent last year, but the number of foreigners decreased by 4.1 percent. The number of guest nights spent by all guests...
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The epidemic is a major challenge for tourism
The coronavirus epidemic, which can have economic effects beyond tourism, is a major challenge for tourism – Halmai Péter – university professor told M1 news channel. According to the economist,...
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Flirting with the barist – Video of the day
You know that feeling of butterflies in your stomach when you lock eyes with that cute coffeeshop barista? Comedian and all-around good person Amy Schumer sure does. In this Comedy...
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(HU) FAO: Az intenzívebb időjárási sokkok milliókat életét keserítik meg Afrika déli részén
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Biokontroll: Not everyone passes the test
According to Zsolt Kanyó, the head of Biokontroll Hungária Nonprofit Kft.’s development department, the size of land used for ecological farming is approximately 300,00ha in Hungary – about 6 percent...
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Nordstrom’s in-store resale shop
Nordstrom is the latest department store retailer to tap into one of retail’s fastest-growing markets: previously-owned clothes and accessories. Nordstrom has launched, See You Tomorrow, an online and in-store resale...
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Tech firms including Alibaba donate US$432 million to boost frontline efforts in Hubei province
Thirty information technology and new economy companies, including Alibaba Group Holding, Tencent Holdings and Meituan Dianping, have together donated more than 3 billion yuan (US$432.5 million). Earlier, Country Garden and...
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Dutch supermarkets use “dry mist” to keep fruits and vegetables fresh
Shoppers in the Netherlands have become accustomed to seeing fresh produce shelves covered in a layer of fine ‘dry mist’. But why? To keep fruits and vegetables fresh for longer,...
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Magazine: Supermarkets can use private label products as a weapon
The Private Labels Manufacturers Association (PLMA) has a monthly news programme at PLMALive.eu, called Newsdesk, and our magazine now presents to you the highlights of the October edition. In the...
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Public cash stock set a record high
It has increased by 102.5 billion HUF in December and reached 6,627 billion HUF by the end of the year. The public cash stock in Hungary is an average of...
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Earnings increased by 13.9 percent in November last year due to bonuses
As a result of non-recurring salary items – last November, average gross earnings were 403,500 HUF, 13.9 percent higher than a year before – the Central Statistical Office (KSH) announced...
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Demand for the quality wines of the Varga Winery increased last year
The Varga Winery sold more than ten percent more wine last year than a year before. Within that, premium wine sales rose to fifty percent, with around 800,000 bottles sold...
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The external trade balance remains in surplus
The euro value of exports rose 0.2 percent in November last year, while imports fell 0.3 percent year-on-year. The balance of foreign trade in goods improved by 44 million euros...
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Black mangalica has become a protected, indigenous breed
The black mangalica was recognized by the Ministry of Agriculture in June 2019 as a stand-alone breed, and an amendment to the zootechnical regulation issued at the end of January...
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40 thousand hectares of wetlands have been renewed from more than 20 billion HUF
In the 2014-2020 EU cycle, 40,000 hectares of wetland habitats have been reconstructed in Hungary through 34 projects – the Minister of State of the Ministry of Agriculture said on...
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Winter Specials at the Season Opener WAMP
WAMP offers the winter specials on the 9th of February at the season opening WAMP Design Fair, where the Rozmaring Hungarian Design brand will be introduced for the first time...
Read moreGerman retail sales were weaker than expected in December
German retail sales underperformed analysts’ expectations in December, year-on-year and month-on-month. The German Federal Bureau of Statistics, Destatis, announced on Friday that retail sales grew 0.8 percent year-over-year in December,...
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Euro area GDP grew less than expected
Euro area’s gross domestic product (GDP) grew less than expected in the fourth quarter, compared with the previous three months. The European Union’s Bureau of Statistics (Eurostat) first released estimates...
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Amazon’s rate is rising sharply thanks to the better-than-expected flash report
Amazon’s stock price has risen sharply after the fourth-quarter report of the company that has outperformed its rivals and became better than analysts’ expectations and forecasts. The stock price of...
Read moreSeveral large companies operating in China have introduced precautionary measures
A number of international corporations operating in China have introduced precautionary measures to curb the spread of the new coronavirus outbreak, according to reports released by the companies. Facebook has...
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Swiss watch exports increased
Switzerland’s watch exports rose year-on-year in December, partly due to the expanding Chinese demand, as well as being one working day more in the last month of last year, compared...
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The board of directors of Hunguest Hotels was reorganized
Hunguest Hotels board of directors re-established: Jean-Paul Herzog, former chairman of the Hilton hotel group responsible for Middle East and African markets, has become board member of Hunguest Hotels. Gál...
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(HU) Vendéglátás felsőfokon – A beszélgetés vendége Bíró Lajos
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Mashed potato in a special way – Video of the day
Dalva e Dito serves aligot in São Paulo, Brazil. Aligot is a French dish made from mashed potatoes and cheese, which servers constantly stir so the cheese melts properly....
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