News and articles

New Sales Director at Praktiker

Bagaméri László has become the new sales director at Praktiker. The expert was a director of operations at several regions of the Tesco Global Stores before and took the lead...

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The Raben is expanding towards East

In response to the growing demand of the Eastern market, the Raben Group decided to set up the Raben East sp. z o.o. company in July 2017. The new company...

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Smaller grape yield is expected, due to hail in the Szekszárd wine region

Due to the hail, occured on hundreds of hectares smaller grape harvest is expected, compared to last year in the Szekszárd wine region, while in the non-damaged areas quality grapes...

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The commercial price of spirits will be increased in Ukraine

The Ukrainian government adopted a decision on Wednesday to significantly increase the minimum trade price for spirit drinks – according to the press release of the Ministry of Economic Development...

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We would get fat here easily – Video of the day

Cuisine is a complex, multi-faceted feature of Thai culture and goes far beyond the Western perception of “Thai Food.” This video documentation captures food being prepared, sold, packaged, displayed, and...

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The dynamic growth of tourism continues

The dynamic growth of tourism will continue for the rest of the year, and the summer high season will bring even better results – according to analysts interviewed by MTI....

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Budapest Airport’s passenger traffic exceeded 1.3 million in July

The passenger traffic of the Liszt Ferenc International Airport reached a record in July. A record of 1 million 330 thousand passengers arrivals and departures were registered which is a...

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Libresse Multistyle pantyliners

Libresse Multistyle pantyliners are as soft and they breathe like cotton underwear. These characteristics help to maintain a healthy intimate environment. The ProSkin layer of the product contains lactic acid,...

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Compared to the average, more meal wheat was produced this year

Compared to the average, more meal wheat was produced this year: the share of meal and feed wheat is generally thirty-seventy percent, but this year the rate is 50 –...

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Nielsen: Nearly four million condoms are sold in the summer festival season

Condom sales are on the peak during the festival season in Hungary. In July and August we spend more than 15 percent more on condoms than in the other months...

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KAVOSZ: the maximum loan amount of the Agro Széchenyi Card has doubled

The maximum loan amount of the Agro Széchenyi Card increased, the cost and interest-free loan will be available again for agricultural enterprises that suffered damages due to adverse weather conditions...

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The Auchan in Óbuda is preparing with street food and a giant rest lounge for the Sziget festival

During this year’s Sziget festival, between 9th and 16th August, a festival atmosphere is waiting for visitors of the Auchan in Óbuda. The store is preparing with an extended range...

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Rossmann held a fashion show on the beach of Lake Lupa

A spectacular fashion show was organized by Rossmann at the premium beach of the Lake Lupa, where the audience could meet with the collection of beach towels and bags that...

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Analysts expect inflation of around two percent

The targeted VAT cuts in certain goods and services (poultry meat, eggs, raw milk, internet, hospitality) reduce inflation, while the fuel prices, rising domestic demand and wage increases increase consumer...

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Teachers help the school starters in the Tescos

From August, Tesco awaits the school starters with “champion offers”, weekly discounts and various coupons. The first grade package from the range of products available in the chain of stores,...

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New business development and sales leader in Mastercard’s Hungarian team

Berkes Tibor has become Mastercard’s new business development and sales manager. The specialist joined the Budapest office this summer and is now responsible for the basic products of bankcards, corporate...

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About 300 exhibitors are expected to the Farmer Expo to Debrecen

Approximately three hundred exhibitors are expected to the 26th Farmer Expo in Debrecen, that will be held beteen 17 and 20 August – the organizers said on Tuesday at the...

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Brits worry for their Darjeeling tea

Brits worry for their favorite Darjeeling tea as well as the Japanese and the Germans. The terroir of the so called champagne of the teas is threatened by strikes in...

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The McDonald’s is expanding in China

McDonalds plans to increase the number of its businesses from 2,500 to 4,500 in the next five years, and plans to double-digit revenue growth in China – portfolio.hu wrote. The...

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KSH: In June, the turnover of hotels increased by 12 percent

In June, the number of nights spent by foreign guests grew by 15.6 percent, while the number of nights spent by domestic guests grew by 8.8 percent over the same...

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Artificial intelligence writes newspaper articles

BBC and Associated Press have started using the Wordsmith application of Automated Insight (available in English and Chinese at the moment) in writing sports articles. Since the app’s launch 1.5...

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Good quality cereal crops are expected

Almost one million hectares of winter wheat is already in the granaries. A slightly larger and better than average quality grain crops are expected – according to the Minister of...

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Inflation is over two percent

Consumer prices were on average 2.1 percent higher in July than a year before. Compared to June, the average consumer price did not change, the Central Statistical Office (KSH) reported...

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The Hungarian Product Grand Prize will be handed over in the Parliament on 5 September for the twentieth time

The Hungarian Product Grand Prize will be handed over in the Parliament on 5 September for the twentieth time on the occasion of the Celebration of the Hungarian Economy. In...

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Investment plans are real according to the latest survey of the Takarék Agrárhangulati Index

After the drought period, before the delivery of the application decisions, the majority of the farmers still have a positive view on agriculture, according to the Saving Group’s (Takarék Csoport)...

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KSH: the six-month foreign trade surplus is approaching 5.4 billion euros

In the first half of the year, exports increased by 9.9 percent and the value of imports calculated in euros increased by 11.3 percent, compared to the same period of...

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The Penny Market has signed a 3 year subsidy contract with the FTC

The Penny Market Kft., the FTC Labdarúgó Zrt. (FTC Football Ltd.) and the Lagardére Sports Hungary Kft. operator of the Groupama Arena announced a 3 year cooperation agreement in which...

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Business confidence improved significantly in the SME sector

Business confidence improved significantly in the small and medium-sized enterprises (SMEs) sector, compared to the previous quarter – the MKIK Institute for Economic Research and Enterprise Research (GVI) told MTI....

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Budapest Bank survey on EU funds

Hungary’s companies have claimed 270 billion HUF of preferential credit products combined with non-refundable EU grants, which is more than half of the announced budget – Budapest Bank (BB) told...

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Foreign trade surplus can reach 9.5 billion euros this year

The foreign trade surplus can reach 9.5 billion euros this year, so it can lag just a bit behind the 9.935 billion euros of last year, according to experts interviewed...

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