News and articles

Vodka factory investment with a high priority

In addition to the Buda Castle, the government declared an automotive industry supplier, a pharmaceutical company and an investment related to a vodka factory as high priority national economy significance....

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The NAV found forty million HUF worth contraband cigarettes in Szabolcs County

The staff National Tax and Customs Office (NAV) found forty million HUF worth contraband cigarettes in a property in Szabolcs-Szatmár Bereg County. Suller György Attila the press officer of the...

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CNG filling station network can be built in Hungary

In the next two years, 39 new CNG (compressed natural gas) filling stations can be built in Hungary. The Hungarian Gas Transport Cluster Association (MGKKE) told that 39 new CNG...

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Consumer confidence decreased in the USA

Conference Board economic research institute’s consumer confidence index fell slightly in July, but became better than expected. In July, the consumer confidence index fell to 97.3 points, from June’s 97.4...

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German economy continues to perform well

Markit Economics Institute’s German Purchasing Managers' Index (PMI) for July became better than expected. It has risen up to this year’s highest value in July. The preliminary value of the...

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Food art – Video of the day

Every one who's ever tried feeding a baby knows how important it is to make the food look nice and funny — especially if it's broccoli or porridge… This is...

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The Nébih closed a Far Eastern fast food restaurant in Budapest

The staff of the National Food Chain Safety Office (Nébih) held controls at a Far Eastern fast food restaurant in a shopping center in Budapest. Due to the uncovered food...

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Rented room paid from cafeteria

In addition to the transformation of the new cafeteria system, we can prepare for a new VAT reduction next year, on the basis of the 2017 tax package. We should...

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Loyalty programmes are the key to the heart of Millennials

A report prepared in cooperation by Bond Brand Loyalty and VISA, with the participation of 12,000 US and 7,000 Canadian consumers about 58 loyalty programmes, has found that shoppers deem...

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Tourists may choose Budapest instead of Paris

Tourists are expected to avoid cities with high terror alert and will choose safer destinations, such as Budapest – tourism experts believe. However tourists from the Far East can avoid...

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Zwack satisfied with results

Despite the introduction of the public health product tax (NETA) in the spirits market last year, 225-year-old Zwack Unicum Nyrt. had a successful year – stated a press release by...

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KSH: retail trade grew 6.8 percent in May

In May, the volume of retail turnover – according to the raw data – increased by 6.8 percent. According to the calendar effects adjusted data the increase was 5.7 percent,...

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Last year, consumers spent one in four HUF on own branded products

According to the latest data of GfK’s annual Brand Analysis, last year the market share of own branded products of the commercial chains increased slightly after five years of stagnation....

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NGM: retail sales increase since nearly three years

Retail sales grow for nearly three years. The growth that lasts for 35 month may remain permanently high this year, due to, inter alia, employment expansion, the rapidly rising wages,...

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Less melons may be imported this year

After the previous years, this year's market was more favorable to producers, but the fruit will be more expensive than last year – Népszabadság Online wrote. Oravecz Tamás, president of...

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Belgium’s pride has arrived

Borsodi will delight the friends of the Hungarian beer now with limited edition Belgian beer specialties. The Belgian beer culture huas a centuries-old tradition. Among today's finest specialty beers a...

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The farmers need to prepare to convert the support system

One of the biggest challenges in the coming years is to help farmers to prepare for the significant transition of the support scheme after 2020. One of the most important...

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GE: the majority of Hungarian companies can not adapt to the speed of technological progress

According to 80 percent of the interviewed executives in Hungary in charge of innovation – (81 percent worldwide) industrial digital technologies in the next 10 years will radically transform the...

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The ekáer filters more efficiently from 1 August

The electronic road freight traffic control system (ekáer) will filter more efficiently from 1 August. After the National Assembly had refined the rules of the system, on the basis of...

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FAO: cattle disease spreads fast

The lumpy skin disease among cattle is spreading very fast. The disease in recent weeks has reached Serbia, Albania and Montenegro, and can even appear in Hungary – the UN...

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The Mondi will create 220 new jobs in Békéscsaba

The Mondi Békéscsaba Kft. to expand its production site in Békéscsaba within the framework of a 13 billion HUF investment. As the result of the investment, 220 new jobs will...

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Food Cooking Festival in Fertõd

The world of 17th-century inn kitchen and gentlemanly cuisine will come to life for the fourth time in the courtyard of the Esterházy Palace on August 12 and 13 at...

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Lobster salad by Philippe Bertineau – Video of the day

Benoit's executive chef Philippe Bertineau makes a Maine lobster salad with quinoa, herbs, and vegetables. Although the ingredients in this summertime dish are fairly simple, this is an action-packed preparation....

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Consumer prices down 0.2 percent in May

In May like-for-like consumer prices dropped 0.2 percent according to the Central Statistical Office (KSH). In comparison with May 2015, food prices didn’t change. Sugar prices soared by 19.7 percent...

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Non-FMCG category, SILVER MEDAL: HD Group, Budapest Airport Budapest Airport – Close to your heart – promotional competition

Budapest Airport and HD Group implemented this Valentine’s Day activity on 9-15 February 2015. The campaign’s objective was to improve Budapest Airport’s passenger-friendly image, to increase sales of shops in...

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Konzum Nyrt. may be the new owner of Hunguest Hotels

The screening of the Hunguest Hotels Zrt. is completed, but the entire buying process can last until mid-August – origo wrote. At the end of the process, the Hunguest Hotels...

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FM: 300 million HUF additional national support to the fruit and vegetable producer organizations

The fruit and vegetable producer organizations can claim for additional national support on a value of three hundred million HUF in Central Hungary, the Great Plains, the Northern region and...

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NGM: an increase in retail sales confirms the spending of income

The increasing retail sales justify increasing household spendings – Simon Attila, Deputy Minister of State of the Ministry of National Economy (NGM) responsible for labor market told M1 news channel...

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Food is the most expensive in Slovakia among the Visegrád countries

Among the Visegrad Group (Hungary, Slovakia, the Czech Republic and Poland) the highest food prices can be found in Slovakia, although they still remain under the European Union (EU) average,...

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