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MNB: the wealth of households and companies is growing
In March, households put 18.6 billion more, and companies put 5.2 billion more forints deposits into the domestic banking system than the amount of loans they borrowed, according to the...
Read moreThe first agri-rural development customer service office has opened
At the handover ceremony of the Agriculture and Rural Development Office on Friday in Hódmezővásárhely, Lázár János, Minister leading the Prime Minister’s Office said that the aim of the government...
Read moreWine Festival in Szeged from Friday
The 23rd edition of the Szeged Wine Festival begins on Friday. During the series of events celebratuing the Day of Szeged and the Szeged Wine Festival include a total of...
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The mood of investors is nearly on a 10-year peak
Investor sentiment in the euro area rose to its almost 10-year high in the euro area in May after the significant improvement in April. In May, the investor mood index...
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IDC: the world market turnover of tablet PCs continued to fall
The worldwide tablet market declined for a tenth straight quarter on a year-over-year basis last quarter, according to IDC. The market research firm estimates tablet shipments totaled only 36.2 million...
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Oral care category gains momentum
Combined sales of toothpaste, toothbrush, mouth wash and electric toothbrush exceeded HUF 23 billion last year – they were worth 5 percent more than in 2015. TOOTHPASTE: last year toothpaste...
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Unproportionate fines on the motorway
The Court of Justice of the European Union (CJEU) ruled that the Hungarian regulation for punishing those who miss road toll payment is against EU law (Eurovignette directive). Two Hungarian...
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Sales increase in both value and volume
Annual deodorant sales are just below HUF 18 billion. Both value and volume sales increased by 3 percent in the February 2016 and January 2017 period. Sales are very much...
Read moreGrowth in retail sales may accelerate in the coming months
Growth in retail sales may continue to accelerate in the coming months – according to analysts interviewed by MTI. According to the first estimate released by the Central Statistical Office...
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The MLE and the MTE are protesting against the increase of advertising tax
The position of the Association of Hungarian Newspaper Publishers and the Association of Hungarian Content Providers is unchanged, and again we express our serious concerns about the expected effects of...
Read moreTesco is fighting against food waste with ugly vegatables
Tesco’s “Perfectly Imperfect” initiative is popular among the Hungarian customers, so from mid-April, 8 new stores join to the initiative that offers aesthetic defective but perfect quality fruits and vegetables....
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Auchan introduces special shopping carts to help people with disabilities and families
Auchan introduces special shopping carts in all the 19 Auchan stores throughout the country. The special shopping carts can be attached to wheelchairs and there will be shopping carts that...
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FrieslandCampina brings a service center to Hungary
It is a major success that one of the world’s largest cooperative dairy companies, the Dutch FrieslandCampina, will bring a regional financial service center to Hungary, where 150 people will...
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Hajdú launches a new grilling cheese line
The Kőröstej Group’s Hajdú brand introduces a new, lighter grilling cheese. The cheese introduced under the Levante style name can easily be tried by dieters because of its lightness. From...
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FM: The sheep and goat sector performed well in recent years
The sheep and goat sector performed well in recent years and its production increased by 11 percent in volume between 2010 and 2015, rising by almost 50 percent at current...
Read moreA new grain strategy has been formulated by professionals
The further expansion of the Russian and Ukrainian production, which already dominates the cereals market, threatens the export markets of domestic farmers. In order to preserve their traditional markets and...
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A coffee show in Gyenesdiás
After the Ice-cream of Lake Balaton, the organizers would like to find the Cofee of Lake Balaton within the Balaton Barista Championship in Gyenesdiás, paying more attention to coffee after...
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MNKH: the cross-border export academy continues this year
The Hungarian National Trading House’s (MNKH) cross-border training program series – that aim to provide professional training for the Hungarian entrepreneurs accross the border – has arrived to a new...
Read moreMoody’s: the slowdown in productivity growth is one of the major global growth risks
The persistent decline in labor productivity growth, one of the key drivers of overall economic performance, corporate profitability and the government tax base, remains among the most significant risks to...
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This year the industry can be the engine of job creation
According to K&H’s latest SME confidence index, the majority of Hungarian businesses plan to continue working with the same number of employees in the next 12 months. Viktor Zoltán Kovács,...
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Number of companies dropped to the 2009 level in Hungary
In the first quarter of 2017 10,358 companies were deleted and only 6,600 new ones were started. Due to this, the number of businesses went below 540,000 in Hungary. Richárd...
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No change in sales concentration
COOKING OIL sales exceeded HUF 30 billion in the February 2016-January 2017 period. Value sales grew by 6 percent but volume sales dropped 2 percent. There was no change in...
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Magazine: Familiar Flavours Reloaded!
Do you wish to eat something that can be prepared quickly, fits into a balanced diet and is tasty? We have good news for you: MAGGI Familiar Flavours Reloaded products...
Read moreKSH: retail sales grew in March
According to the raw data, the turnover of retail stores increased by 3.6 percent In March, compared to the same period of last year. Calendar effect adjusted the turnover of...
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Professional organizations are asking for the termination of the advertising tax
According to the Hungarian Advertising Association (MRSZ) and its affiliates, the advertising tax should be terminated immediately and they reject the intention of the government to maintain advertising tax, as...
Read moreThe 2017-2021 convergence program expects a vigorous economic growth
After a successful crisis management period, one of the main goals of the government’s economic policy is to increase the country’s competitiveness, which, in addition to stimulating the economy, will...
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Mineral water with renewable energy
The Coca-Cola HBC Magyarország presented its sustainable innovations on the Day of Discoverers at the Millenáris Park witin a Forest Walk and a Virtual Bicycle Tour. The company reduced the...
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Every fourth aluminum can is collected in an automat
Every aluminum can is collected in a machine out of the 300-450 million cans used annually in Hungary, The aluminum can recollecting machines are available at 200 points in the...
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FM: about 40,000 hectares are affected by frost damage
Due to the extreme weather and the great cold, some 40,000 hectares were hit by frost damage, the producers are facing a difficult year – Fazekas Sándor, Minister of Agriculture...
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Organic Island and Organic Market at the 78th OMÉK
The organic farmers and the professional organizations present the best of the Hungarian soil at the 78th National Agricultural and Food Exhibition and Fair (OMÉK) with a more uniform and...
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