News and articles

Cellum’s new operating director

Cellum Global Zrt. appointed Ábel Garamhegyi as its operating director and deputy CEO from mid-September. The new executive left his vice presidential position at Belgian visual technology company Barco for...

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Computer matches T-shirts with potential buyers

Japanese fashion brand Uniqlo started using a system in its Sidney store, which was designed to match to match the right T-shirt to a person based on brainwave analysis. The...

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Magazine: Online invoices on NAV’s desk

From 1 January 2016 invoicing software need to have a ‘tax inspection data providing’ function. With this feature data can be exported to the National Tax and Customs Administration’s (NAV)...

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The trade association expects a longer shopping period and growing Christmas traffic

The National Retail Federation (OKSZ) expects a longer shopping period this year. The OKSZ expects a 5-6 percent more, 950 billion HUF more consumer spendings in December 2015, compared to...

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NGM: rising real wages contributed to the growth of retail sales

September has been the 28th month in a row when the volume of retail sales increased in Hungary. The consecutive 28 month increase is primarily due to the rising inflation...

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One million Internet users would purchase on Black Friday

According to a survey, the fifth of Internet users aged 18-59 (about a million people) are planning to purchase during the “Black Friday” promotions. The “Black Friday” is the Friday...

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Campaign to promote Hungarian fish consumption

A campaign to be launched to promote Hungarian fish consumption and to raise awareness to fish diversity and the huge variety of flavors According to the notice of the Prime...

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The best new wine of the year came from Balatonfőkajár

The shiraz rosé wine of the Balatonfőkajár-based Feind Winehouse achieved the best result at the 10th Hungarian New Wine Competition. The awards of the competition were handed over on Saturday....

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The Nébih examined grain balls

The National Food Chain Safety Office (Nébih) analyzed cocoa and chocolate-coated grain balls. Among the 21 products food security problem was found found at one case – the authorities notified...

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The Hungarian enterprises concluded contracts in Beijing in a value of almost two billion USD

Almost two billion USD worth contracts have been concluded between the leaders of Hungarian and Chinese companies on Thursday in Beijing in the presence of Szijjártó Péter Foreign Economic Relations...

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NAV: the ekáer and the HU-GO helped to detect hundreds of millions HUF tax evasion

The electronic road freight traffic control system (ekáer) and the HU-GO electronic toll system data contributed to detect a hundreds of millions of HUF VAT fraud case – the National...

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The Szekszárd wine region was also recognized at the Blood Donor Day

We celebrate the blood donors in Hungary on 27 November. The Hungarian Red Cross greeted the multiple blood donors and supporters of blood donation on this day. On the Blood...

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The year-end shopping fever has begun in the United States

The big supermarket chains are trying to attract customers mainly with tablets, laptops, consumer electronics, toys and games, sports equipment and fashion products. The National Retail Federation expects that this...

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GfK: German consumers became slightly more pessimistic

Concerns about economic activity increased and therefore consumer sentiment slightly worsened in Germany, but it cannot be detected in the volume of Christmas shopping. The GfK Economic Research Institute announced...

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The Hotel Association expects a full house for New Year's Eve

Occupancy at metropolitan and rural hotels during Christmas will be better than last year. During New Year's Eve a full house is expected – the Hungarian Association of Hotels and...

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Positive non-food sales trends

In January-August 2015 retail sales of household chemicals and cosmetics grew 6 percent to HUF 230 billion, while volume sales improved 1 percent from the base period. Nielsen’s client service...

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Dr. Bata develops new animal feed additive

Dr. Bata Zrt. in Ócsa developed a new animal feed additive. Then project cost HUF 480 million, from which HUF 318.66 million was financed from the Széchenyi 2020 research and...

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Czech company Agrotec settles in Komárom

Agricultural machinery distributor Agrotec Magyarország Kft. moved in the Komárom industrial park, investing HUF 1 billion in setting up its headquarters. 70 people work here and the company has another...

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New innovation centre in Karcag

Recy-Pet Hungária Kft.’s new factory and innovation centre was inaugurated by Minister of Agriculture Dr Sándor Fazekas on 16 October 2015 in the Karcag Industrial Park. The new technology used...

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Poultry wiener innovation from Merian

In Hungary’s poultry processing industry the B. M. Bernardinelli family were among the pioneers, establishing a company in Orosháza in 1996. The company has always been one of the biggest...

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Ads and consumers: people trust each other and brands

For 81 percent of Hungarian consumers credible advertising is recommendation which comes from people they know and trust – reveals a 60-country Nielsen survey. 68 percent of Hungarian consumers named...

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Magazine: Less black market tobacco

Once again, in the 3rd quarter of 2015 tobacco retail did better than expected, with sales improving in both value and volume. Like-for-like cigarette sales grew for the first time...

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KSH: Retail sales rose by 5.1 percent in September

The volume of retail sales increased by 5.1 percent on a yearly basis in September after a 4.6 percent rise in August, according to the raw and calendar effect adjusted...

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Nielsen: eight and a half million chocolate Santa Claus figurines were sold last year in the stores

The food retail sector record broke a record in case of the holidays seasonal sweetness in December, compared to last year. The revenue was more than ever, amounted to 3.1...

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Black Friday: More than half of the Hungarians have heard about the promotions

54 percent of the Hungarians have heard about the Black Friday promotions. Most people would buy clothing products on this day – Millward Brown’s latest representative research reveals. According to...

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FM: the financial and income situation of agriculture improved substantially

Thanks to the favorable performance of agriculture and the efficient agricultural and rural development funds, the financial and income situation of agriculture improved substantially – Nagy István Parliamentary Minister of...

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Next year’s milk marketing is focusin on the encouraging of domestic milk consumption

The Milk Interprofessional Organization and Marketing Board, together with the Hungarian Tourism Zrt. organized the annual conference of the dairy industry in Velence. At the annual conference called Indispensable marketing,...

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Tokaj Kereskedőház Zrt.: more than 17 billion HUF development by 2017

The state-owned Tokaj Trading House Plc. completely transforms and develops the winery from an amount of a total of about 17.1 billion HUF. The first phase, the new bottling plant...

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Budai Gyula: Hungarian wines are becoming more and more popular in Germany

Hungarian wines are becoming more and more popular in Germany, the data of the Hungarian Harvest in Berlin series of events show. More and more people visit the Hungarian Harvest...

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The Nestlé transports chocolate Santa Claus to five continents from Diósgyőr

Nestlé’s factory in Diósgyőr creates 31 million pieces of hollow chocolate figures in this Christmas season that will be marketed in 23 countries on 5 continents. The company in the...

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