News and articles
Vince-day wine festival will be held on the Somló Hill on Saturday
With the participation of Somló Hill wineries, the Vince-day wine festival will include cellar walking, singing folk songs and the revival of traditions associated with winemaking. The festival takes place...
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AMAZON – reloaded
Amazon’s shares are worth the most in the stock market and the following three case studies prove that one of Amazon’s strengths is innovation. 1. Amazon is buying old post...
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Magazine: The dos and don’ts of dating
First and foremost one has to end their previous relationship in a positive fashion. Why is this important? Because we are likely to project anger or guilt onto the next...
Read moreFM: The food traceability is a precondition for competitiveness
The food traceability is a precondition for competitiveness, because the consumer wants to buy guaranteed safe food products – the Minister of State of the Ministry of Agriculture (FM) said...
Read moreNielsen: sales strategies to encourage the purchase without borders
The online commerce is extending towards the mobile Internet, and the new technologies create unprecedented access to different products. The demand in local stores will no longer limit the consumers'...
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Budai Gyula expects the lifting of the Russian embargo
Among the EU Member States, more and more people believe that the maintaining of the Russian embargo is useless, so chances are good that the issue will be solved in...
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Soybean production is ramping up by the EU’s direct subsidies
One of the biggest challenge for crop producers last year was the convertion to the European Union’s direct aid. Among the new support conditions soybeans have become hit products, while...
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Russian shopping centers on a roller coaster
According to the practice of the recent years, New Year’s Eve brought the the highest retail sales in Russia, because the Orthodox Christmas begins on January 7. According to the...
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Prices in the EU and in the euro zone increased slightly
Inflation rose slightly in December in the euro zone and in the European Union – the EU's statistical office, the Eurostat announced on Tuesday. Compared to the previous year, consumer...
Read moreThe Hungarian companies issue invoice abroad more than the European average
In Hungary, significantly more invoices are issued to the companies' foreign partners than at the European average. In the last two years, this occured mostly in retail and wholesale trade,...
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Ukraine imposed a ban on imports of Russian vodka and tobacco
The Ukrainian government banned seventy types of Russian products on Wednesday in Kiev – Arszenyij Jacenyuk prime minister announced. The disposal of Ukrainian Cabinet of Ministers to impose an embargo...
Read morePrologis Develops 8,000 Square Metre Build-to-Suit for Fiege in Hungary
Prologis, Inc., the global leader in industrial real estate, today announced that it has begun the development of an 8,000 square metre build-to-suit facility (DC2) at Prologis Park Hegyeshalom for...
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The Széchenyi Capital Fund has invested 160 million into the Konsanszky fashion brand
The Széchenyi Capital Fund (SZTA) invested 160 million HUF into the Konsanszky Kft. to help in the International expansion of the Konsanszky Hungarian fashion brand – Csuhaj V. Imre, president...
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Hajdú cottage cheese builds a brand
Dráva cottage cheese has been a consumer favourite in the Hungarian market for decades. Just a few weeks ago a culinary website’s independent test found that it is the best...
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European Commission to implement ‘digital’ VAT reform
In the European Union the biggest challenge ahead of e-commerce businesses that deliver abroad is the different VAT systems of various countries. The European Commission (EC) started a dialogue with...
Read moreThe NAV has published the list of the pork products falling under the 5 percent VAT
The information on the list of the pork products falling under the 5 percent VAT has been released on the website of the National Tax and Customs Authority. The half-carcases,...
Read moreThe Nébih and the beekeepers together for the Hungarian honey
The beekeepers and the food safety authority will protect the quality Hungarian honey together in the future – the National Food Chain Safety Office (Nébih) told MTI on Tuesday. According...
Read moreThe local government of Gyula plans to build a huge swine processing plant
The local government of Gyula is working on the plans of a huge swine processing plant that would be capable to cut and process nearly one million pigs. Such a...
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GINOP: more than 1,000 billion HUF for economic development
More than 1,000 billion HUF new source will be available for economic development and innovation, research and development in 2016 – the Ministry of National Economy (NGM) informed on Tuesday....
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Unilever published its 2015 results
Unilever, the manufacturer of Dove soaps and Lipton teas published last year's figures. The turnover of the company increased by 10 percent, mainly thanks to the emerging markets and profitability...
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Coke's new slogan: 'Taste the Feeling'
Coca-Cola is hoping a new ad slogan will help it overcome declining sales and increased health concerns about its signature product. Tuesday the company rolled out a new ad campaign,...
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Record exports in 2015
Hungary has never exported as much as last year. According to the preliminary data, the trade surplus will reach 8 billion euros (2,500 billion HUF) – the Minister of State...
Read moreIMF: global economic growth accelerates slower than expected
The International Monetary Fund (IMF) once again cut its outlook for the world economy, warning Tuesday that economic turmoil in China and financial contagion throughout emerging markets threaten to curb...
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Petőfi Sándor's face and verse on the Red Bull cans
The Red Bull cans will be available with unique graphics from the end of January. The graphics call the attention to the upcoming Red Bull Pilvaker that started as a...
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The Hungarian National Trading House provided the participation of two Hungarian startup companies in Las Vegas
The Hungarian National Trading House (MNKH) provided the participation of two Hungarian startup companies for the first time at the innovative technologies exhibition in Las Vegas. Ducsai-Oláh Zsanett CEO of...
Read moreGerman and eurozone economic sentiment worsened at the beginning of the year
The German economic sentiment deteriorated less than expected in January, underlining optimism over the health of the euro zone's largest economy, industry data showed on Tuesday. In a report, the...
Read moreIkea boss said we accumulate too much furniture
Company’s head of sustainability says consumption of many familiar goods is at its limit. The appetite of western consumers for home furnishings has reached its peak – according to Ikea,...
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A new dynasty in the Hungarian mineral water market
Szentkirályi Ásványvíz Kft. and Central Europe’s biggest mineral water bottling company, Karlovarské Minerální Vody (KMV) from the Czech Republic entered into a strategic partnership this spring. One of the co-owners...
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Magazine: Trade marketing in the digital world
The physical and virtual worlds seem to be merging in the field of marketing too. On 5 November the members of Trade Marketing Club met to discuss the pros and...
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