News and articles
The good news is that there is no bad news
In October the six-month negative trend came to an end in the financial markets. The good news was that there was no bad news – although none of the dangers...
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MT Zrt .: Budapest remains a popular conference venue
Significant international interest surrounds Budapest as a conference venue: The aim of the negotiations on the trade shows is to bring more business events Hungary in the 2016-2020's period –...
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Let's pizza – Picture of the day
Let's Pizza is the only machine in the world that can prepare the best Italian pizza from scratch in 3 minutes....
Read moreDemand for Hungarian wine in foreign markets
In the first half of 2015 Hungarian wineries exported 349,000 hectolitres of wine, 5.2 percent more than a year earlier. This represents a EUR 40-million value, which is 9 percent...
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EU restarts payment
After 5 months of debates the European Commission decided to restart payment in the first three priorities of the Economic Development Operative Programme (GOP). Hungary received HUF 210 billion for...
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Magazine: Vending machines: past, present and future (Part 2)
Chicago company Modern Urban Woods installed very authentic and trendy, fruit and vegetable kiosk design vending machines in busy shopping centres. They are called Farmer’s Fridge and the company fills...
Read moreThe state can win 20 billion, while the chains can lose 40
The state can achieve at least twenty billion HUF tax revenue, if the large supermarket chains would be required to employ vendors to every seventy square meters, regardless of whether...
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The Coop Store Chain is twenty-years-old
The Coop's success is a Hungarian success. The chain could become a dominant player in the Hungarian economy and could effectively picked to compete with the big international chains –...
Read moreA double-digit growth in the online advertising market
The domestic digital advertising market achieved a double-digit growth in the third quarter – the IAB Hungary told MTI. According to IAB Hungary, between early July and late September, the...
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Online Cash Registers may be introduced in the case of other service providers
The government is preparing further steps to fight against the black economy. Such steps will be the launch of the electronic billing system, as well as the introduction of the...
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A fusion in online trade
Two major online dealers, the Romanian eMAG webstore and the Swiss Fashion Days fashion portal – announced their fusion at a press conference in Bucharest on Wednesday. The Fashion Days,...
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Decreased sales at Wal-Mart
Despite a decrease in profit and revenue lagging behind the expectations, the investors are still happy after Wal-Mart's quarterly report was published: the share price increased to 5% plus. The...
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Praktiker is preparing for its 18th Christmas season in Hungary
The Praktiker has expanded its range of artificial pines for this year's Christmas season. The domestic buyers are looking for artificial pines more and more often, because it fits into...
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The Erste Bank has become the Bank of the Year at MasterCard
Erste Bank received MasterCard’s Bank of the Year Grand Prize this year in Hungary. The financial institution at the same time also won the Most Innovative Bank of the Year...
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Illegal alcohol plant in Kecskemét
An illegal alcohol plant was found by the finance guards of the National Tax and Customs Administration (NAV) in Kecskemét. At the illegal alcohol plant almost one hundred thousand liters...
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Eeco-labeled products to be promoted
Tripartite Environment Minister partnership agreement was signed between the Ministry of Agriculture (FM) and the CO-OP Hungary Zrt. and the Environmentally Friendly Products Nonprofit Kft. on Thursday in Budapest. According...
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MT Zrt.: 2016 will be the Year of Gastro Experiences
The next year will be the Year of Gastro Experiences, according to the marketing strategy of the Hungarian National Tourism Ltd. (MT Zrt.) Faragó Péter, Executive Director of the National...
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Terror attacks in Paris: a significant downturn in the hotel and catering industry
Three days after the terror attacks in Paris, the French capital's hotels and restaurants are experiencing a significant downturn. In particular, the Asian and South American visitors postpone their trip...
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Spar expansion in Africa
Spar International announced that it opened its first shop in Douala in Cameroun. The 2,500m² unit is operated in cooperation with local partner L’Atrium S.A., a retail chain which has...
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New investor buys Mall.hu
International investment firm Rockaway Capital announced acquiring a 100-percent share in Netretail Holding B.V, owner of the MALL brand. This step makes the company one of the biggest e-commerce enterprises...
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Metro is waiting for the end of the year
Metro is optimistic about the Christmas season. Although the company’s year-on-year sales decreased by 1.1 percent to EUR 14.2 billion, they hope for EUR 1.75-billion net sales at the end...
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Rapid salmonella detection
A US company called BioDetection Instruments is developing a portable device for testing food quality and detecting salmonella infection. The device would primarily be used to test ready-to-go food. Presently...
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Food, wonder, physics – Picture of the day
Here are some food magic tricks you need to try…...
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Bioenergy from Vajszló
As a result of a HUF 1-billion development project by Ormánsági Zöldenergia Kft., a 637-kilowatt power plant was built in Vajszló. The new plant’s annual production capacity is 4.5 gigawatt...
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Magazine: Vending machines: past, present and future
Estimation is that there are about 30,000-35,000 vending machines in Hungary. According to NGM decree 41/2014 (XII. 29.), operators are now obliged to pay a HUF 30,000 registration fee per...
Read moreIn trade everyone must pay a food safety supervision fee
The food safety supervision fee’s 0 percent band to be ceased, so in the future everyone must pay a food safety supervision fee in trade – due to EU complaints....
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The Nébih to test the Christmas seasonal foods
The National Food Chain Safety Office (Nébih) organizes a series of seasonal inspection before the Christmas holidays. The investigations will affect seasonal products, connected to the Christmas holidays and the...
Read moreNegotiations about the simplification of the Common Agricultural Policy
The EU Agriculture and Fisheries Council negotiated in Brussels about the simplification of the Common Agricultural Policy and about the significant reduction in the relevant legislations. Czerván György Minister of...
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The HELL won the MagyarBrands award this year again
Like last year, the HELL energy drink brand won the MagyarBrands award this year again. The product is a market leader in Hungary for more than five years. The one...
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The eMAG strnghtens with a new marketing manager
Hunyady László is the new marketing manager of eMAG from November. The expert intends to strengthen the role of the online store in Hungary, increasing customer experience. Hunyady László (41)...
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