News and articles

Most of the big companies decide on a global level on choosing banks

59 percent of the largest companies decide which bank they prefer on a global level. At 20 percent of them by the parent company appoints the choice of banks, but...

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Fake sports equipments caused 850 million euros losses in the EU last year

The sale of fake sports equipment, such as footballs, sports helmets, tennis rackets, skis, gym equipment and skateboards, costs legitimate EU manufacturers 850 million euros last year. A new study...

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A traffic vitalizing campaign will be launched in order to retain the Russian market

A traffic vitalizing campaign will be launched at the end of September in an amount of 26 million HUF in order to retain the Russian market – Ruszinkó Ádám, Deputy...

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2.6 billion HUF developments were launched in two baths in Budapest

The development of the Paskál bath has begun as well as the the engineering modernization of the Széchenyi Bath. The total amount of the two developments is nearly 2.6 billion...

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Food prices at a six-year low

According to a FAO survey, at global level the last time the price of food was this low was in September 2009. The biggest drop, 7.2 percent was measured in...

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Sirha Budapest between 9 and 11 May 2016

The HUNGEXPO Fair Centre will host the international food and HORECA trade fair, Sirha Budapest between 9 and 11 May 2016. Next year packaging technology trade exhibition Budatranspack will also...

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Five-billion-forint development project by TU-PLAST

Debrecen tube manufacturer TU-PLAST Kft. inaugurated a new, 6,600m² production hall. Thanks to the development 59 new jobs have been created. In 2014 the company had 110 employees and manufactured...

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Three times more resources to support organic farming

Compared to the previous EU budgetary cycle three times more, 60 billion HUF support will be allocated to support organic farming. The support of organic farming can increase employment as...

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FM: the players of the sour cherry industry should join forces

The Deputy Minister of State of the Ministry of Agriculture (FM) urged the cooperation of the producers, processors and traders on Friday, in Hajdúböszörmény, at the first national sour cherry...

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Coop rally: the Nagy-Hegyes Hús Kft. expects an increase in turnover

The reduction of VAT on carcass from 1 January is expected to generate significant growth in demand among the legally operating businesses, so the Nagy-Hegyes Hús Kft. is planning investments...

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Double-digit growth, renewed webshop, professional and consumer awards at the Rossmann

The Rossmann drugstore chain increased its sales revenues by nearly ten percent in 2014 to 2.3 billion HUF and expects an at least double-digit, growth above the market average this...

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KSH: The number of Internet and mobile phone subscriptions has increased

The number of Internet subscriptions increased by 13 percent to nearly 7.7 million, while the number of mobile phone subscriptions expanded by 1.6 percent to 181 thousand in the second...

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The Ostoros-Novaj Bor Zrt. plans a 10 percent increase in sales this year

The Ostoros-Novaj Bor Zrt. plans a 10 percent sales growth this year, compared to last year. The company's net sales amounted to 1.6 billion HUF in 2014 – Soltész Gergő,...

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Red Bull Dolomitenmann: the Hungarian team successfully completed the race

This year's competition made sure that one of the world's hardest race, the Red Bull Dolomitenmann not to lose reputation. The best team became the Kliene Zietung – Panaceo –...

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Autumn wine muster in the Cathedral Square in Szeged

The guests are awaited to an Autumn wine muster to the the Cathedral Square in Szeged, where more than one hundred wineries will present their masterpieces for five days –...

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The Gray Cattle Feast opens on Friday in the Vajdahunyadvár

The 4th Gray Cattle Feast Gastronomy and Cultural Festival opens opens on Friday with colorful programs in the Vajdahunyadvár castle and lasts until Sunday. Deputy Minister of State Bognár Lajos...

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NAV: hundreds of millions HUF fines due to shipments without ekáer number

The National Tax and Customs Authority (NAV) is expected to impose a fine of more than one hundred million HUF on two companies in Budapest. The two companies did not...

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IKEA increased sales revenue

Ikea has reported a strong rise in full-year sales, thanks to solid international trading in China, Russia, Germany and North America. The Swedish furniture retailer’s total sales increased 11.2 percent...

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Two tons of dried tobacco leaves were stolen Kékcse

Two tons of dried tobacco leaves were stolen from the dryer in Kékcse. The perpetrators were caught by the police – the Szabolcs-Moson-Sopron County Police press officer told MTI. Fehérvári...

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GSS GROUP creates new position: commercial and marketing director

GSS Group Hungary Kft. is well-known in the world of FMCG, thanks to their SFA sales support system, outsourced team of representatives and training programmes. From May 2015 the company...

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Two important international jobs for the GfK group

The Media Development Authority of Singapore (MDA) commissioned GfK with implementing an audiovisual media audience measurement. This will be the first time an integrated system is used in Singapore for...

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Drugstore chain dm uses a new system for selling pharmaceutical products

Starting this spring, dm is using a new, simpler method in selling drugs. The good old cabinets have disappeared from the 234 dm stores, and shoppers can now choose the...

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Tesco home delivery service arrives at Győr and Csepel

After Budapest, Szeged and Székesfehérvár, Tesco’s Online Shopping service is now available in new places. From 15 June Csepel dwellers can also shop in Tesco’s online store, while Győr residents...

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Magazine: ULINK meeting: Unilever – past, present and future!

Members of the Former Unilever Network (VUKK) – plus the current management of the company and colleagues who have been working for Unilever for decades – met for the seventh...

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FAO: Food prices are falling

In August, almost all basic food raw materials became cheaper on the world market, so the FAO food price index decreased by 5.2 percent in August, compared to July, which...

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FM: the regulation on the support of the tobacco sector will be published within days

It is expected that the regulation on the support for the tobacco sector will be published in the next few days in the Magyar Közlöny (Hungarian Official Gazette). MTI photo:...

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The Fornetti expects at least 10 percent revenue growth this year

The Kecskemét-based Fornetti expects at least 10 percent revenue growth for this year – Sebastian Gooding executive director said on Thursday, at the second stop of the Coop Rally. The...

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0.2 percent annual average inflation is expected in 2015

Inflation can accelerate gradually in Hungary. On the basis of the new data – that consumer prices remained unchanged in August compared to the previous year – basic processes did...

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Coop Rally: the Aquarius-Buszesz is on a growth path

The Aquarius-Buszesz group continues to grow. The net revenue of the group in this year's first half was 11.616 billion HUF, 24 percent more, compared to the same period of...

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