Company and Personal News

After a year hiatus, the sausage and sodar muster to be held again in Gyula

After one year hiatus the sausage and sodar muster will be organized again held this year between 11 and 15 March in Gyula. Bordás Tibor main organizer told MTI that...

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A renowned winemaker passed away

Szöllősi Mihály winemaker has passed away. He was one of the leading producers in the Ászár-Neszmély wine region. In 2009, he was awarded winery Winery of the Year award, while...

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Smartphones: the double-digit growth may end

Smartphones global sales may increase at a slowing pace this year and in the coming years according to the International Data Corporation (IDC), IT and telecommunications market research institute. Last...

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The domestic Budapest Card debuted at this year's Tourism Exhibition

The domestic Budapest Card, the first domestic product of the Budapest Card family debuted at this year's Tourism Exhibition – Bán Teodóra, managing director of the Budapest Festival and Tourism...

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140 million dollar investment by Jack Daniel’s

Tennessee whiskey giant Jack Daniel's is set to make a $140 million expansion to its distillery in Lynchburg, according to Gov. Bill Haslam and state economic officials. Increased demand is...

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NGM: a further increase in retail sales is expected

The NGM expects further increase in retail volume during the year, because inflation is low, employment is high and unemployment is very low – Lenner Áron Márk, the Deputy Minister...

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Hungarian wine exports increased

According to preliminary data, the Hungarian wine exports were around 90 million bottles last year, after the 85 million bottles of 2014 – Szabó László Parliamentary Minister of State of...

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Nielsen: Easter candies were sold in a value of nearly 4 billion HUF last year

About 844 tons of chocolate bunnies, eggs and other festive sweets were sold by retail last year during the Easter period in a value of almost 4 billion HUF. In...

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FM: non-GMO food labeling rules are completed

The legal framework for GMO-free food labeling is completed, which is expected to enter into force in the first half of the year – the Ministry of Agriculture (FM) told...

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A record-breaking trade surplus in 2015

Last year, the export value in euros increased by 7.1, while imports rose by 5.4 percent. The trade surplus increased to 8.118 billion HUF – the Central Statistical Office (KSH...

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Hundreds of billion HUF supports will be available after 1 April

The farmers can submit their single electronic agriculture and rural development support claims from 1 April to the Agriculture and Rural Development Office (MVH) – the agrarszektor.hu wrote. Supports can...

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KSH: the use of biofuels is increasing constantly

The share of biofuels is continuously increasing in Hungary within fuel consumption. In 2004, it was 0.4 percent, while in 2014 it was 6.9 percent, and surpassed the 5.9 percent...

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Romanian retail sales increased significantly

The volume of Romanian retail sales increased in January by 15.6 percent, compared to January 2015 – the Romanian national statistical institute announced on Thursday. The increase is mainly due...

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A new Hungarikum center opens in Serbia

Serbia’s fourth Hungarikum Centre was opened in Szabadka on Thursday. The customers can choose from seven hundred kinds of Hungarian and Vojvodina products in the shop – the website of...

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Several million HUF worth cigarettes were seized by the police on the M3 motorway

Several million HUF worth cigarettes with and without tax stamps were found by the police on the M3 motorway in a man's car on Friday – the Heves County Police...

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Pioneering role for Starbucks

Starbucks introduced its mobile payment system three years ago and today 21 percent of all of their transactions are realised using smartphones and 16 million consumers are using the Starbucks...

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Facebook marketing is trendy

Website, company Facebook page and e-mail – these were small businesses’ favourite marketing tools in 2015, according to Marketing Commandó’s survey, conducted with the participation of its Facebook followers and...

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KSH: Retail sales rose by 2.1 percent in January

The unadjusted volume of retail sales increased by 2.1 percent in January, while the calendar effect adjusted data shows a 1.6 percent increase, compared with the previous year – the...

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FM: dairy farmers to receive extraordinary support

According to the government’s decision, the Ministry of Agriculture (FM) provides 11.44 billion HUF bonus support to the dairy farmers in 2016 – the Ministry of Agriculture (FM) announced on...

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Online retailing increased by 16 percent in 2015

Domestic online retail continued to grow. In 2015 a further 16 percent increase occured. The total sales of online retail amounted to 270 billion HUF. Technical products are still the...

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The series of technical consultation for the food industry is completed

The series of discussions between the food industry sector and the Ministry of Agriculture (FM) is completed. At the events held in February possible development directions were reviewed, from raw...

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Chilean market was opened to the Hungarian pork

Four Hungarian pork-processing plants will export pork to Chile in the future, thanks to the successful negotiation of the Ministry of Agriculture (FM) and the National Food Chain Safety Office...

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ALDI awaits its customers on Sundays as well

For ALDI Magyarország it is important to provide high quality services to the customers. In order to provide comfortable shopping to its customers the discount chain’s store under Vámház boulevard...

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How longer the corn prices to decrease

Corn prices are in strong minus. If we consider the long term price trends, prices are falling further everywhere. Economically it is understandable: the global yield of the past two...

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(HU) Megugrott a pálmaolaj, a globális mutató mégis változatlan

Sorry, this entry is only available in HU....

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More than 100 thousand companies are waiting for the opinion of the employees on the Hungarian community site

The Munkatársaim.hu. social networking site of the Hungarian workers and companies was launched more than a year ago. The aim of the initiative is to let the employees to draw...

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The retail of the EU and the euro zone increased in January

Retail sales in January increased in the euro zone and in the European Union, compared to the previous month. EU's statistics office, the Eurostat announced on Thursday that, according to...

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France is no longer the number one trading partner of Germany

The United States became the top destination for German exports last year, overtaking France for the first time since 1961 thanks to an upturn in the U.S. economy and a...

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We continue to love the LEGO

The Lego Group’s net income last year increased by twenty percent, from 28.6 billion Danish crowns to 35.8 billion Danish crowns, compared to 2014 – the Danish giant told MTI...

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