Company and Personal News
Fragrance experiences in portions
The fabric softener market continues to grow in Hungary: in the last 12 months value sales augmented by 5.5 percent and volume sales jumped 7.2 percent. Nearly 40 million litres of...
Read moreAnalysts: retail sales may continue to increase
MTI analysts expect further growth in retail sales based on the latest data of the Central Statistical Office (KSH). According to the communication of the Central Statistical Office (KSH) published...
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Here is the new Hungarian champagne that will not be sold during the holidays
A new premium quality Hungarian champagne brand arrived on the domestic market, which is not consciously sold during the most popular time of the beverage, from mid December to early...
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Tesco and the trade unions agreed on the January 2018 wage increase
The Tesco-Global Áruházak Zrt. under an agreement with trade unions, allocates another 2.8 billion HUF for the wage increase of its retail workers. At the supermarket chain, the lowest wages...
Read moreNébih calls attention to the import ban on meat
The National Food Chain Safety Office (Nébih) again calls attention to the ban on imports of meat products after African swine fever (ASP) virus was detected in pig meat sample...
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Agro-research cooperation between Ghana and Hungary
With the Hungarian agricultural research results agriculture in Ghana can be developed – the National Agrarian Research and Innovation Center (NAIK) told MTI on Wednesday, after an agricultural research and...
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The retail sales of the euro area declined in October
Compared to the previous month, retail sales in the euro area declined with the largest extent of the past four years in October – the European Union’s statistical office Eurostat...
Read moreCarpathian Basin village economist program to be started
The government has adopted the Carpathian Basin village economist program, which will increase the number of village economists in the Carpathian Basin from 41 to 100, the Minister of Agriculture...
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The Globserver Kft. and the Crown Foods Kft. won the main prizes of the Széchenyi Enterprise of the Year Awards
The Crown Foods Kft. catering company won the Széchenyi Enterprise of the Year award in the category of companies with an annual turnover of less than 500 million HUF, while...
Read moreRetail sales grew by 6.3 percent in October
In October, the volume of retail sales grew by 6.3 percent, according to the raw and calendar-affected data, according to the first estimate of the Central Statistical Office (KSH) published...
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The turnover of the domestic sweets market is around 180 billion forints annually
The turnover of the domestic sweets market is about 180 billion HUF annually – the Association of Hungarian Candy Manufacturers told MTI. Sánta Sándor, president of the Hungarian Confectionery Manufacturers...
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Auchan is preparing for the festive rush with Paleo Christmas fondants and special sweets
The candy season begins in Auchan a month and a half before Christmas. In the first half of November, mostly companies, nurseries and schools are buying sweets for Christmas. The...
Read moreThe world’s coffee exports broke record
In the 2016/17 season, world coffee exports broke record, and stocks have risen to 8-year high in the importing countries, according to the ICO (International Coffee Organization). Global coffee exports...
Read moreKSH: Third-quarter GDP data rose to 3.9 percent
Referring primarily to the better-than-expected performance of market services, the Central Statistical Office (KSH) raised its third quarter growth data of the gross domestic product by 0.3 percentage points to...
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The SPAR received equal opportunities awards
SPAR Magyarország received the Disability Friendly Workplace award for the fourth time. The company received the Receptive Workplace special award for the cooperation with Janka Tanya who is woring with...
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Hungarian businesses signed a deal worth more than 220 million HUF after the Agrosalon trade show in Nitra
More than 220 million HUF worth of deals have been made by Hungarian companies at one of the most prominent agricultural and agro-industry exhibitions of Slovakia at the Agrosalon in...
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European Commission: the Makó Parsley Root also receives a protected geographical indication
The European Union has approved that the Makó parsley root should also be protected as a protected geographical indication (ofj) – the European Commission said on Tuesday. The Geographical Indication...
Read moreThe pace of increase in consumer prices has slowed down in the OECD countries
Due to a more moderate increase in energy and food prices, the pace of increase in consumer prices has slowed down in the member states of the Organization for Economic...
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Diego’s sales over sixteen billion
The Diego chain intends to reach 80 percent sales revenue growth and a 25 billion forints net sales on the Hungarian market by 2020 – the chain told MTI on...
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Magazine: A new era in everyday shopping
Data measured by Nielsen reveals that the Hungarian consumer confidence index has never been this high since 2009, there is a record-low unemployment level and the GDP has increased. Sales...
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GKI: Foundations of economic growth should be established now
Trends in the Hungarian economy of the first half of the year have continued in the past few months. Although the 3.8 per cent GDP growth in the third quarter...
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Most of the Hungarian families are over-spending at Christmas
Nearly 40 percent of Hungarians feel they spend more on Christmas gifts than they could do, but they typically do not finance them from loans – according to Intrum Justitia’s...
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Trade Association: the Black Friday action does not affect the December gift purchase badly
Many people anticipated the end of the year purchase during the Black Friday in November,but this will not make December spendings lower – Vámos György, Secretary-General of the National Trade...
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FM: winter seasonal food chain control lasts until the end of the year
The nationwide winter seasonal food chain control takes place from 1 December to the end of the year – Zsigó Róbert, Minister of State of the Ministry of Agriculture (FM)...
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SPAR continues its modernization program
A new SPAR store was opened in Kistarcsa and the company carried out a major developments in other five cities in November. SPAR invested more than 1.7 billion forints on...
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Green playground games were handed over to the Tündérkert kindergarten in Gyöngyös
During the “Better Play in Green!” prize winning game of Henkel and Rossmann, the Tündérkert kindergarten in Gyöngyös gathered the most votes and won the 1 million HUF worth main...
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German Chamber: a rise in Hungarian wages is expected next year
According to international companies operating in Hungary, in 2018, Hungarian wages are expected to rise further, because wage continues to be a determining factor in the competition for skilled labor...
Read moreMFB: 32 billion forints credit for the construction of the citric acid plant in Szolnok
The Chinese-Hungarian joint venture, the BBCA Szolnok Zrt. and the Hungarian Development Bank (MFB) have signed a 12-year loan agreement for nearly 32 billion HUF loan for the construction of...
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This year, Santa is also packing into the boxes of DS Smith
Like last year, this year teh DS Smith Packaging is also helping the Santa Claus factory with thousands of boxes. The company would like to contribute to the deliver the...
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