News and articles
The Spar Group expects rising revenues and profits this year in Hungary
This year the Spar Group expects rising revenues and profits after last year's loss in Hungary, but the results depend largely on the food chain supervision fee’s outcome, which is...
Read morePankucsi: Hungary protects the tobacco surtax
Hungary would like to defend the health care contribution on the tobacco industry and the food chain supervision fee, therefore, the European Commission in Brussels will be given this the...
Read moreKSH: the trade balance surplus continued to increase
The euro-denominated value of exports increased by 13.9 percent, while imports exceeded by 9.5 percent in June, compared to a year before. The trade balance surplus amounted to 801 million...
Read moreTesco would sell its South Korean business branch
Tesco may sell its South Korean activities for six to seven million USD – portfolio.hu wrote after MarketWatch. Retailer Tesco PLC has picked Asian private-equity firm MBK Partners LP as...
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NFH: three out of the examined dietary supplements did not meet the requirements
The National Consumer Protection Authority (NFH) analyzed about 54 dietary supplements. The National Consumer Protection Authority (NFH) analyzed the mineral content the vitamins, and “beneficial” bacterias. Three of the tested...
Read moreThe 10th Főzdefeszt will be held a week later
The 10th Főzdefeszt and Street Food Market will be held a week later than it was previously scheduled, between 11 and 13 September and at a new site at the...
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The series of conferences presenting the potential of the Rural Development Programme will start in Siófok
The first stop of the series of conferences which focuses on the EU tenders, projects, grants and financing options will be held in Siófok on 22 September 2015. The European...
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Lego's revenues increased by 18 percent
The Lego Goup's revenues increased by 18 percent in the first half of the year. The toymaker company achieved increase in each regions. The company's profit was 3,553 billion danish...
Read moreNAV: The VAT cheaters were unable to scam the ekáer system
The organized criminal group was unable to scam the electronic road freight traffic control system (ekáer) system. The criminals imported a variety of foods to Hungary without the payment of...
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Jam factory in Környe
Környe will be the home of a new jam factory, where only flavouring- and preservative-free jam will be produced. A 300m² plant and a 500m² cold storage facility will be...
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Biomass-processing plant inaugurated in Kaba
At the Kaba premises of Evonik Agroferm Zrt. a new HUF 1.5-billion biomass-processing plant started working. 51.3 percent of the budget was the company’s own financial resources and the rest...
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Magazine: Competitiveness for dinner
At end of May Trade magazine and Chain Bridge Club organised their traditional Business Dinner. The topic was competitiveness and the guests were Ferenc Dávid, general secretary of the National...
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Are made-up sales days in the off-season the new craze?
Amazon appointed 15 July a special sales day and named it Prime Day. The e-commerce company offered special deals and huge bargains on this day, when consumers also had the...
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(HU) 320 millió forintos felhő alapú fejlesztés a Szintézis ZRt-nél
Sorry, this entry is only available in HU....
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The online retail market grew by 16 percent in he first half of 2015
According to the third joint Online Retail Index reearch of GKI Digital and Árukereső.hu, the online retail market grew by 16 percent in he first half of 2015. OKI index:...
Read moreAnalysts: the increase in investments was a positive surprise
The analysts polled by MTI called the 5.7 percent second quarterly growth in investments as a positive surprise. According to the Central Statistical Office, investments increased by 5.7 percent in...
Read moreThis year's wine can be good and expensive
2015 can be an excellent vintage at wine-growing regions where the hail and the vine diseases did not damaged the well-developing grape harvest – the wine growers told. It is...
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Thanks SIÓ! School Bag Programme: This year 1,000 primary school children start the school year with a new school bag
The Thanks SIÓ! School Bag Programme supports the school start of the pupil for the eighth time this year. The enumber of supported children reaches 8,500. The Thank SIÓ! Program...
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Hungary expects half of last year's apple crop, while in Europe the decline will be 5 percent
Although the apple harvest has begun in the orchards and the plants started to processing the concentrates, the domestic apple varieties suitable for winter storing have barely appeared in the...
Read moreLondon analysts: slower, but “respectable” growth is expected in Central Europe
According to London financial analysts a bit slower but still a robust rate of “decent pace” increase s expected in the economies of Central and Eastern Europe, including Hungary. Morgan...
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FruitVeB: there can be problems with the transportation due to the Austrian road controls
Because of illegal immigration the Austrian police carried out checks near the Hungarian border, so there can be problems with the transportation of Hungarian goods – the president of the...
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The P&G and Lidl supports the starving children with 5 million HUF again
The joint charity program of Procter & Gamble and Lidl has been ended. As the result of the program the initiators can support the “Everyone can lunch” program of the...
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The Nébih found food products that were expired seven years ago
The experts of the National Food Chain Safety Office (Nébih) found foods that were expired in 2008 at a restaurant near the M1 motorway, during the check sessions held near...
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Gerencsér Szilárd will be the new Managing Director of the DHL Supply Chain Magyarország
Gerencsér Szilárd was appointed as the Managing Director of DHL Supply Chain Magyarország. The expert started its work at the world's leading shipping company on 25 August 2015. Gerencsér Szilárd...
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Jász-Tész builds new cold storage facility
From a HUF 400-million budget fruit and vegetable wholesaler Jász-Tész Kft. is building a new cold storage facility. From this HUF 160 million is non-refundable EU money. The new unit...
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Magazine: Great wines, made in business cooperation
Two important firms in the Hungarian wine market have merged recently: Nyilas Winery (Mátra wine region) and Canter Wine House (Balaton wine region) now work under joint management. Owner Ilona...
Read moreGKI: Slowdown started
GKI Economic Research Co. predicts that the slowdown of the Hungarian economy started in the second quarter of 2015 will continue. After 3.6 per cent in 2014, the growth rate...
Read moreA 30 percent growth is expected in online purchasing this year
Online shopping increases much faster than “anything else” in the sector. Compared to the previous year a roughly 30 percent increase is expected – Glattfelder Béla, Minister of State for...
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MNB: a duality characterized the corporate loans in the second quarter
A duality characterized the corporate lendings in the second quarter, the overall corporate loan portfolio decreased by 3.4 percent, compared to a year before, while the small and medium enterprise...
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TOP 500 regional companies: Hungary is in the forefront in terms of revenue growth
The Central and Eastern European region's Top 500 companies generated a turnover of 572 billion euros in 2014, which exceeds even half of the aggregated 2014 nominal GDP of those...
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