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News and articles

Metro’s good 3rd quarter
Date: 2017-09-23 16:45:39

German company Metro AG closed the 3rd quarter of 2017 with a 2.6-percent sales growth and a EUR 9.34-billion sales revenue. Member of the board of directors Olaf Koch told: in...

Auchan’s excellent performance
Date: 2017-09-23 16:43:00

Auchan Retail’s parent company, Auchan Holding realised a record 2.1-percent growth in the first half of 2017 – sales revenue was EUR 26.5 million. Auchan Retail’s growth was also 2.1...

The first international retail chain in Belarus
Date: 2017-09-23 16:40:51

Spar International has announced that by the end of 2020 they will open 60 stores in Belarus. Spar teams up with local group Almi, which has 43 shops at the...

Europe’s top retail chains
Date: 2017-09-23 16:37:17

According to data from Euromonitor International, Western Europe’s leading retail chain is the German company Schwarz Group, the owner of Lidl and Kaufland. The survey examined retailers’ market share in...

Hungary’s retail trade went into turbo mode
Date: 2017-09-23 15:39:21

In the 2nd quarter of 2017 retail value sales jumped 6.4 percent if compared with Q2 2016. This growth rate was much bigger than the 3.7-percent European average growth in...

We don’t trust mobile payment yet
Date: 2017-09-23 15:35:14

Despite that fact that most smartphones are already equipped with an NFC chip, a representative survey conducted by GKI Economic Research Zrt. in July 2017 revealed that only 25 percent of...

The domestic market is of key importance for large companies
Date: 2017-09-23 15:34:31

According to Patrick Van Overloop, the head of K&H’s corporate customer business line, domestic demand has always been important for large Hungarian companies (those with annual sales above HUF 2...

Generation Y would use the mobile wallet
Date: 2017-09-23 15:29:49

According to the latest research by Mastercard on the financial habits of university students (online questionnaire with 1,507 participants), members of Generation Y have close ties with the digital world...

Biometric bank card use is getting closer
Date: 2017-09-23 15:26:40

After the first test in South Africa, Mastercard tested its biometric bank card in Bulgaria. The new technology combines chip reading with fingerprint identification. In a joint test project with UniCredit Bulbank,...

SMEs: an investment boom
Date: 2017-09-23 15:25:02

The latest results of the K&H SME confidence survey have revealed that more than 70 percent of industrial and medium-sized companies plan to invest in development. Viktor Zoltán Kovács, the...

The investment boom will continue
Date: 2017-09-23 15:17:23

In the remaining part of 2017 the rapid investment growth is likely to continue. At the moment it seems that the growth rate of investments will be above 20 percent this...

Hungarian consumer confidence is higher than ever before since 2009
Date: 2017-09-23 15:13:40

In the 2nd quarter of 2017 the Hungarian consumer confidence index reached 70 points. In Europe this value was 85 points on average – revealed a 63-country study conducted by...

Hegedűs-Hús expands production plant
Date: 2017-09-23 15:12:45

By investing more than HUF 200 million, Hegedűs-Hús Bt. is expanding its meat plant in Tiszafüred by 500m². HUF 96 million from the project’s budget comes from the government. With this investment 40...

We need to prepare for getting less EU money
Date: 2017-09-23 15:08:41

It was revealed at a conference organised by HG Media Group that European Union funding was used more efficiently in the 2014-2020 period than between 2007 and 2013. It is noteworthy...

Central and Eastern Europe’s retail trade is making progress
Date: 2017-09-23 15:08:41

According to a comprehensive, 32-country European retail trade survey by GfK, in 2016 the consumers of the EU-28 countries had EUR 16,153 to spend – nominally 0.7 percent more than...

Szatmári group buys mill in Szeged
Date: 2017-09-23 15:05:04

In 2016 Szatmári group’s sales revenue was HUF 65 billion, 10 percent more than in the previous year. The group bought a mill in Szeged and invested HUF 1.5-2 billion in...

More than 10,000 companies didn’t survive the summer
Date: 2017-09-23 15:01:28

In the summer months of 2017 6,720 new companies were established, but the Court of Registration also deleted 10,319 companies. At the end of August there were approximately 487,000 companies...

Univer’s capacity increasing investment
Date: 2017-09-23 14:58:55

Kecskemét-based Univer Product Zrt. invested HUF 4.3 billion in expanding its production capacity, from which HUF 2.1-billion was non-refundable state support from a programme of the Ministry for National Economy. With the...

Széchenyi card programme: more than 1,800 billion worth of loans for SMEs
Date: 2017-09-23 14:50:14

In the last 15 years the Széchenyi card programme granted HUF 1,841 billion worth of loans to small and medium-sized enterprises. There were 343,000 loan applications and 258,000 SMEs have already...

Friesland is already busy making development plans for the next five years
Date: 2017-09-23 14:45:16

FrieslandCampina Hungária Zrt. is making development plans for the next 5-year period in Mátészalka. In the last 4 years production grew by more than 15 percent in the factory. Last year Friesland Hungária...

Plus four percent for retail in July
Date: 2017-09-23 14:25:40

In July 2017 like-for-like retail volume sales augmented by 4.1 percent; adjusted for calendar effects, the sales growth was the same – reported the Central Statistical Office (KSH). Food and...

Butter and spread prices increased the most
Date: 2017-09-23 14:18:29

In August 2017 consumer prices were 2.6 percent higher on average than in August 2016. Food prices rose 3.2 percent, with butter and spread prices jumping 12.5 percent. Pork’s price...

The investment revitalisation continues
Date: 2017-09-23 14:09:43

After the 4.2-percent growth in the 1st quarter of 2017, the Hungarian economy expanded by 3.2 percent in the 2nd quarter. The industry and foreign trade slowed down in the...

M-FlexiLog completes investment in Békéscsaba
Date: 2017-09-23 14:05:09

M-FlexiLog Kft., a member of the Austria-based Mrazek Group, built a 3,500m² warehouse and a 4,500m² production facility from a budget of HUF 1.6 billion. The company will create 120 new...

NAK’s first 4 years
Date: 2017-09-23 13:55:37

Our magazine interviewed Balázs Győrffy, president of the Hungarian Chamber of Agriculture (NAK) on the occasion of NAK’s 4th birthday. T. M.: – The Hungarian Chamber of Agriculture was established a...

Grapes are popular in every format
Date: 2017-09-23 13:49:35

Winemakers and grape growers have an excellent year. More wine will be made this year than in 2016 and table grape consumption has also increased. Hungarians eat 2.5-3kg of grapes a year. On...

NAK campaign in the apple season
Date: 2017-09-23 13:38:49

This year NAK will start a campaign promoting apple consumption. The one and a half month campaign will start in mid-October, in cooperation with 6 retail chains and the Agricultural Marketing...

NAK conference about sustainable farming
Date: 2017-09-23 13:31:39

On 18 October 2017 NAK will organise an international conference titled ‘Sustainable Farming’. Some of the topics that will be discussed: the agricultural policy and innovation activity of the USA, agri-food...

VAT cut and financial support
Date: 2017-09-23 13:22:21

The Hungarian Chamber of Agriculture (NAK) and the Ministry for National Economy are in talks about which food and agricultural products will be added to the list of 5-percent VAT...

Energy-conscious wine tourism
Date: 2017-09-23 13:00:47

This august a project was implemented at Tornai Winery’s estate on Somlóhegy. The objective was to develop energy-conscious gastro-tourism and to promote the use of electric vehicles: MVM Partner Zrt. opened another...

Oldal

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Metro’s good 3rd quarter Date: 2017-09-23 16:45:39

Auchan’s excellent performance Date: 2017-09-23 16:43:00

The first international retail chain in Belarus Date: 2017-09-23 16:40:51

Europe’s top retail chains Date: 2017-09-23 16:37:17

Hungary’s retail trade went into turbo mode Date: 2017-09-23 15:39:21

We don’t trust mobile payment yet Date: 2017-09-23 15:35:14

The domestic market is of key importance for large companies Date: 2017-09-23 15:34:31

Generation Y would use the mobile wallet Date: 2017-09-23 15:29:49

Biometric bank card use is getting closer Date: 2017-09-23 15:26:40

SMEs: an investment boom Date: 2017-09-23 15:25:02

The investment boom will continue Date: 2017-09-23 15:17:23

Hungarian consumer confidence is higher than ever before since 2009 Date: 2017-09-23 15:13:40

Hegedűs-Hús expands production plant Date: 2017-09-23 15:12:45

We need to prepare for getting less EU money Date: 2017-09-23 15:08:41

Central and Eastern Europe’s retail trade is making progress Date: 2017-09-23 15:08:41

Szatmári group buys mill in Szeged Date: 2017-09-23 15:05:04

More than 10,000 companies didn’t survive the summer Date: 2017-09-23 15:01:28

Univer’s capacity increasing investment Date: 2017-09-23 14:58:55

Széchenyi card programme: more than 1,800 billion worth of loans for SMEs Date: 2017-09-23 14:50:14

Friesland is already busy making development plans for the next five years Date: 2017-09-23 14:45:16

Plus four percent for retail in July Date: 2017-09-23 14:25:40

Butter and spread prices increased the most Date: 2017-09-23 14:18:29

The investment revitalisation continues Date: 2017-09-23 14:09:43

M-FlexiLog completes investment in Békéscsaba Date: 2017-09-23 14:05:09

NAK’s first 4 years Date: 2017-09-23 13:55:37

Grapes are popular in every format Date: 2017-09-23 13:49:35

NAK campaign in the apple season Date: 2017-09-23 13:38:49

NAK conference about sustainable farming Date: 2017-09-23 13:31:39

VAT cut and financial support Date: 2017-09-23 13:22:21

Energy-conscious wine tourism Date: 2017-09-23 13:00:47