News and articles

EU agricultural council meeting in milk case

Informal EU Agricultural Council meeting is taking place on Monday and in Tuesday in Eindhoven. One of the main themes of the EU Agricultural Council will be the milk market...

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Gyulahús Kft.: half a billion HUF profit and international recognition

The Gyulahús Kft. closed last year with a profit of more than half a billion HUF. This year the company won two gold star ratings from the Brussels-based International Taste...

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Tesco Online Shopping: More than 180 thousand users

Tesco Online Shopping is one of the most dynamically developing service of the supermarket chain. The company in April 2016 created a new station in Székesfehérvár making delivery service available...

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The Milk Marketing Board handed over the toy castle

The Milk Interprofessional Organization and Marketing Board handed over the first lottery prize of the “Collect 100 dairy hearts and win a playground” on 27 May 2016. The prize is...

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German retail sales decreased

Germany retail sales declined unexpectedly in April – Destatis revealed on Tuesday. Retail turnover decreased by 0.9 percent in April, compared to March, confounding expectations for a 0.9 percent rise....

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Kickoff Competition: International Competition for startups dealing with Green Energy

The KIC InnoEnergy announced an international competition called Kickoff Competition for startups dealing with sustainable energy. Entries are awaited for the contest from 12 European countries – including Hungary. The...

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A record volume of trash was collected in the TeSzedd! action

A record amount of 2857 tonnes of illegally dumped garbage was collected by the participants of the sixth TeSzedd! – Voluntary movement to clean Hungary – the National Environment and...

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Tax changes in neighbouring countries

Deloitte’s tax department collected the most important changes in the tax regulations of countries in Central and Eastern Europe. Some of these may have an effect on Hungarian companies operating...

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(HU) Videojáték – A nap videója

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Gundel János-awards to…

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Bisnode: the hotel industry in the first quarter increased its revenues by 10 percent

The Hungarian hotel industry in the first quarter increased its revenues by 10 percent, so it is facing a profitable year in 2016 as well – according to the latest...

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NGM: Medical tourism is Hungary’s strategic sector

The medical tourism industry is one of Hungary's strategic sectors, it is a high-growing market – Ruszinkó Ádám, Deputy Minister of State stressed in his lecture held at the Greet...

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Every twentieth grocery store closed in one year

Early 2016 there were 16,869 grocery stores in Hungary, 5 percent less than a year before: 860 shops closed for good, mainly traditional 200m² and smaller units, especially in the...

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Switch to IFRS in time!

As of 1 January 2017 every Hungarian enterprise with an auditing obligation can decide to prepare its annual report in accordance with the International Financial Reporting Standards (IFRS). A recent...

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Magazine: Private life is getting more important for Hungarians too

Human resources specialist Kelly Services has published their KGWI survey recently. A ccording to this, 70 percent of respondents consider work-life balance to be a factor that would decide which...

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GKI: slowing growth, accelerating consumption

In the first quarter, only the Greek growth was worse than the Hungarian growth. Due to the worse than expected data the GKI modified this year’s growth forecast from 2.3...

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FruitVeB: 25-30 percent less fruit yield due to frost damage

Approximately 25-30 percent less fruit yield is expected this year in Hungary due to frost damages – the President of the Hungarian Fruit and Vegetable Interprofessional Organisation (FruitVeB) told MTI....

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KSH: the volume of investments decreased in the first quarter

The volume of investments decreased by 9.6 percent in the first quarter of this year, compared to a year before. According to the seasonally adjusted volume indices, compared with the...

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63 billion HUF to strengthen the dairy sector

The Hungarian government will spend 63 billion HUF for the strengthening of the Hungarian dairy sector. This is the highest ever amount. In addition, the government will increase, the framework...

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MKIK: business confidence increased slightly in Hungary

According to the April-economic analysis of the MKIK Economic and Enterprise Research Institute (GVI), the business confidence rose slightly in the first quarter in Hungary compared to the previous quarter....

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Italian Festival for the second time

The Italian Festival 2016 will start in Budapest and in other Hungarian cities on May 27. The events are supported and organized by the Italian Foreign Trade Institute ICE in...

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The CO-OP Hitel Zrt. closed last year with 32.4 million HUF result

Last year, the CO-OP Hitel Zrt. reached 4.1 billion HUF principal amount and also reached a net profit of 32.4 million HUF – the company told MTI on Monday after...

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A shop museum opened its doors in Gyula

The exhibition space called Museum Store for “Cap Sugar” was opened in Gyula. The exhibition showcasing the history of trade is the third museum shop of the 50-year-old Hungarian Museum...

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Nébih: the State Fish Guard Service imposed fines of 4 million HUF in one year

The State Fish Guard Service during its one year operation revealed 230 infringements and has imposed fines of 4 million HUF – the National Food Chain Safety Office (NÉBIH) told...

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Amway: New momentum for direct sales

Direct sales in recent years, has become a key industry not only globally, but also in Hungary: in Hungary, nearly half a million people connect as customers or distributors to...

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The EU would improve the quality of life of city dwellers in the European Union

European Union ministers meeting in Amsterdam have endorsed a “Pact of Amsterdam” aimed at improving living conditions in towns and cities throughout the EU28. With 70 percent of the EU's...

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The Széchenyi spa won an International award

The Széchenyi spa won prestigious international award in the best spa category – Czinege Szilvia, marketing manager of the Budapest Gyógyfürdői és Hévizei Zrt. told M1 news channel on Sunday....

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Changes in what consumers expect from shops

According to the latest Nielsen Shopper Trends study on consumption habits, when people decide which grocery store to visit, the number one factor that influences them is that shopping is...

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Artisjus-discussion of catering organizations

Sorry, this entry is only available in HU....

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Grocery retail back on track

Retail volume sales improved by 6.5 percent from the base period level in February 2016; adjusted for calendar effects, the sales growth was 6.4 percent. Food and food-type retail sales...

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