News and articles
Analysts expect inflation of around two percent
Date: 2017-08-09 11:35:34
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
Date: 2017-08-09 11:32:20
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
Date: 2017-08-09 11:25:33
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
Date: 2017-08-09 11:16:18
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
Date: 2017-08-09 11:02:22
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
Date: 2017-08-09 11:00:32
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
Date: 2017-08-09 10:35:17
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
Date: 2017-08-09 09:14:16
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
Date: 2017-08-08 11:45:40
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
Date: 2017-08-08 11:40:00
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
Date: 2017-08-08 11:33:05
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
Date: 2017-08-08 11:32:32
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
Date: 2017-08-08 11:30:33
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
Date: 2017-08-08 11:28:56
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
Date: 2017-08-08 11:25:23
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
Date: 2017-08-08 11:22:01
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
Date: 2017-08-08 11:20:10
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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Képviselőfánk-torta – A nap videója
Date: 2017-08-08 11:04:40
Ever wanted to make? If you've never heard of it, it's essentially a giant mountain of choux pastry balls that are held together by whisper-thin threads of caramel. It's a...
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The Göcseji Village Museum is preparing for the bread festival with colorful programs
Date: 2017-08-08 11:02:34
The Göcseji Village Museum in Zalaegerszeg, is preparing for 20 August with colorful programs. The open-air exhibition space was opened on 20 August 1968. Kostyál László recalled at the press...
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Hungary spends the most on leisure and cultural activities in the EU in the proportion of the GDP
Date: 2017-08-08 11:01:21
On average, the EU member states spend one percent of their gross domestic product (GDP) for the support of leisure, cultural and religious activities. In the proportion of the GDP...
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The NAV caught the members of the cigarette smuggling criminal organization in Szabolcs county
Date: 2017-08-08 11:01:14
The National Tax and Customs Administration (NAV) found a twelve-membered cigarette smuggling criminal organization in the Nagyhódos region of Szabolcs-Szatmár-Bereg County. Four members of the gang were arrested by the...
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A Hungarian founded international company is expanding in the market of artificial intelligence
Date: 2017-08-08 11:00:24
An international company founded in Hungary is expanding in the market of intelligence and chatbots (chat robots). The LogMeIn was founded 10 years ago in Hungary, but has grown into...
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Where fresh oyster mushrooms come from…
Date: 2017-08-08 10:57:05
This year the Hungarian Chamber of Agriculture (NAK) promotes mushroom consumption, in cooperation with mushroom growers and retail chains. As a top Horeca partner, METRO was happy to join the...
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Service fee related rules
Date: 2017-08-08 10:52:46
The service fee must be indicated on the bill or receipt that the guest receives, in a separate line. Those employees who do take part in serving the food must...
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Magazine: Impulses at home and in the shops
Date: 2017-08-08 07:19:03
According to Balázs Hunya, refreshment marketing intern of Unilever Magyarország Kft., the weather has the biggest influence on sales in the impulse ice cream categories. In grocery stores family box...
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Analysts: strong consumer confidence maintains the growth in retail sales
Date: 2017-08-07 11:50:10
Growth in retail sales in June was expected, due to the strong growth of wages in April and May. The growth in real wages and the 11-year high consumer confidence...
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CBA: the demand towards mineral water is increasing
Date: 2017-08-07 11:35:04
CBA’s chain of stores sell much more mineral water during the heat waves than on a regular summer day, which can be felt on revenue growth, but it is not...
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FM: the number of bee families exceeds one million
Date: 2017-08-07 11:32:23
The Hungarian honey is excellent, its production is based on traditions and production technology, Nagy István, Parliamentary Minister of State of the Ministry of Agriculture told M1 news channel on...
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People over 50 spend three quarters of their income on overhead, food and medicine
Date: 2017-08-07 11:30:40
In Hungary, people over 50 spend more than three-quarters of their monthly income on overhead, food and medicines, nine percent of their earnings are spent on leisure activities, and two...
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K&H: more than third of young people have savings
Date: 2017-08-07 11:25:19
More than third of the young people (between age 19-29) have savings, most of them are saving to buy a home – according to K&H’s quarterly survey. According to the...
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