News and articles
Wine and fish festival for four days from Friday in Balatonfüred
The Balaton Wine and Fish Festival begins on Friday in Balatonfüred with gastronomic offerings as well as concerts. The festival will feature the Sebő band and Huzella Péter. Cserép László,...
Read moreThe 10th National Siller festival starts with a wine muster in Paks
On Friday, the 10th National Siller Festival begins in the Sárgödör Square in Paks, with a wine muster. The audience can taste the best Sillers of the Carpathian Basin. The...
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Icecream all over the world – Video of the day
You scream, I scream, the world screams for ice cream!...
Read moreThe Romanian authorities prevented the smuggling of 40 million illegal cigarettes during three months
The Romanian authorities have prevented the smuggling of 40 million illegal cigarettes in the last three months and more than 300 people were arrested for suspected cigarette smuggling – the...
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The European Union sets thousands of free internet access points up
Political agreement has been reached by the EU institutions on the so-called WiFi4EU initiative, which will create thousands of free internet access points for 2020 on the continent, the European...
Read moreIDC: The world market of smartphones has slightly increased this year
According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, worldwide smartphone shipments are expected to rebound slightly in 2017 with expected growth of...
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Two thirds of the turnover of the accommodation market is already being made through online channels
The GKI Digital conducted a research among the domestic places of accommodation in April. The research revealed that last year 68 percent of the domestic market were by online channels...
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Sofitel Budapest has a new owner
The Orbis Hotel Group has signed a contract with the Universale International Realitaeten company for the purchase of the Sofitel Budapest Chain Bridge hotel, Orbis announced on Tuesday. Orbis pays...
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Good business relations with Estonia
Parliament on Monday, after talks with his Estonian counterpart, Prime Minister Viktor Orbán said that Hungary has always had excellent and close relations with Estonia. In July Estonia will take...
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New grill cheese in the Hajdú assortment
In May Kőröstej group’s Hajdú brand puts a new grill cheese product on the market. The new cheese is softer and lighter than any other product in the portfolio. Owner...
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Hungary recorded unprecedented investment growth in Q1 2017
In the first quarter of 2017, the volume of investment totalled HUF 1033bn, which shows year-on-year investment growth of more than 34 percent. This has been the highest growth rate...
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Magazine: There is no stopping until perfection is reached
Value sales have increased recently in the shaving product market. Consumers have started buying more expensive products in the category. The category is very much seasonal: value sales in the...
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Faster than expected growth
In the 1st quarter of 2017 the Hungarian GDP increased by 4.1 percent, faster than originally expected. Thanks to this GKI has modified its annual growth forecast to 3.5 percent....
Read moreHungarian food exports increased by 37 percent over the past five years
The Hungarian food exports have increased by 37 percent over the past five years – Fazekas Sándor Minister of Agriculture said in Herceghalom. At the meeting of the Federation of...
Read moreWe can find great value-for-money wines in the large chain stores
The professional wine portals are regularly watching what exciting items you can get at stores right now. What is really interesting that we can find such wines not only in...
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Premium Lemon-Chili Grill and Premium Mediterranean Grill: Crowning of the Wiesbauer-Dunahús Grill Products
The Wiesbauer-Dunahús opens this year’s barbecue season with two new “Premium” specialties, such as the “Premium Lemon-Chili Grill” and “Premium Mediterranean Grill” products. The “Premium” brand guarantees high quality products...
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MNB: the convergence of the SME sector would increase the GDP by 3 to 5 percentage points
If the productivity of the Hungarian small and medium sized (SME) sector would reach the average of the region and would approach to large corporations, the Hungarian gross domestic product...
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Pálinka Festival in Újszilvás at Pentecost
Pop music concerts and renowned djs are also awaiting the visitors to the 12th Ágyaspálinka Fesztivál on 3 and 4 June in Újszilvás. One of the most prominent events of...
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Companies’ willingness to pay increased
The companies’ willingness to pay has improved. Invoices are offset more quickly, and less bad debts occur in cross-company sales, compared to last year, according to the survey of Atradius....
Read moreAsia and Europe save the luxury industry
The world’s luxury market will grow larger than expected, according to an analysis. Growth is mainly due to Europe and Asia, which is offset by falling the US sales –...
Read moreNational Anti-Counterfeiting Agency: 3.3 billion HUF loss, due to fake toys a year
The loss of the industry is estimated at an average of 3.3 billion forints a year, due to counterfeit toys – according to a report by the European Office of...
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The Ice Cream of the Year was selected in Szeged
The jury of the Ice Cream of the Year tasted nearly 100 items on Monday. The best ice cream has become the ice cream of Eszenyi Ferenc from Balmazújváros: the...
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Nearly the third of the fruits froze in Ukraine
The frosts of May have caused serious damages to the Ukrainian agriculture this year. The Ministry of Agriculture predicts that fruit production will be 29 percent less than expected, only...
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The Chinese condom business can grow giant
The Australian Ansell sold its condom manufacturing department for 600 million USD to a Chinese consortium. While Australians believe that the market is shrinking, in China there is a huge...
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Amateur devices for professional dining – Video of the day
As the former private dining chef at the Michelin-starred Restaurant Daniel, ICE Director of Culinary Development James Briscione knows a thing or two about fine dining. Take your homemade dishes...
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Chinese investment triples in US, doubles in Europe
Combined Chinese direct investment in the advanced economies of North America and Europe more than doubled in 2016 as China’s rapidly maturing economy continued its transition to a new growth...
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Payment Practices Barometer Eastern Europe 2017
After an increase of almost five percentage points in 2016, the percentage of overdue B2B invoices in Eastern Europe decreased again this year (41.5%). With the exception of Turkey, economic...
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Magazine: Room at the top
Király 100 Gastro Corner, the restaurant run by the Radvánszkis – Attila and Éva – has been a successful business for 23 years, combining fine dining with home-style cooking. The...
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