News and articles
KSH: the decline in agricultural prices accelerated in June
Date: 2014-08-15 12:30:19
The decline in agricultural prices accelerated further in June. After the 14.9 percent decline of May it became 15.8 percent in June, compared to year earlier. The price growth of...
Read more
Revenue from OTC products increased to 77 billion HUF in the first half of the year
Date: 2014-08-15 12:10:55
The retail sales of nonprescripted products (OTC products), increased by 7 percent to about 77 billion HUF during the first half of this year compared to last January-June – om...
Read more
Magazine: Social media trends in the FMCG sector
Date: 2014-08-15 12:10:24
What does social media can give that digital media tools can’t? Three things: interactivity, being viral and potentially unlimited opportunities. ‘Facebook is more important than television’ – announced Nestlé in...
Read more
Expert: the Russian import ban strenghtens the decline in prices in the Hungarian agriculture
Date: 2014-08-15 12:00:11
The Russian import ban amplifies the decline in prices on the agricultural products market in Hungary – Lukács László agricultural expert, former executive director of the Dairy Board told MTI...
Read more
The Simple redefines mobile shopping
Date: 2014-08-15 11:30:26
The Costes and Kiosk courses were ordered via smartphones in the VIP section of the Sziget Festival. After nearly a year of development and testing, the Simple application of OTP...
Read more
Intersnack Magyarország: breadsticks are tastier from Hungarian wheat
Date: 2014-08-15 11:25:34
The Intersnack Magyarország Kft. in its Győr-based factory prepares products made of Hungarian wheat. The company is exporting products made of Hungarian wheat to Kuwait, to China and to the...
Read more
The German Karstadt department store chain to be taken over
Date: 2014-08-15 11:10:29
The German Karstadt department store chain founded 133 years ago is purchased by a wealthy real estate entrepreneur the Austrian René Benko’s group is in the German department store chain...
Read more
Fifteen thousand packs of cigarettes were seized in Tiszabecs
Date: 2014-08-15 11:00:12
At least fifteen thousand packs of cigarettes – presumably smuggled goods – were found in a house and in a car in Tiszabecs – the Szabolcs-Szatmár-Bereg County Police Headquarters wrore...
Read more
Small shops’ share is above the average
Date: 2014-08-15 08:45:44
Like-for-like growth was 6 percent in spice retail value sales in December 2013-March 2014. Sales valued at approximately HUF 5 billion and volume sales were up 4 percent. The 401-2,500m²...
Read more
Magazine: Logistics solutions in online retail
Date: 2014-08-14 12:37:22
E-commerce doesn’t simply sell products but also has to collect them and deliver them to the buyers – at the right time, in the right quality and quantity. One of...
Read more
Analysts: more than 3 percent annual GDP growth is expected
Date: 2014-08-14 12:20:54
The gross domestic product (GDP) increased over the expectations this year in the second quarter. According to analysts interviewed by MTI GDP can expand more than it was expected earlier....
Read more
Europeans like the Hungarian corn
Date: 2014-08-14 12:00:28
One of the most dynamic culture of the domestic production of vegetables is corn. The largest growing area of the continent can be found in Hungary. The growing demand towards...
Read more
This year, only fifth of the wheat was grown from controlled seed
Date: 2014-08-14 11:55:51
Good quality controlled seed was sown on only the fifth of the lands in Hungary, which according to the Gabonakutató Nonprofit Zrt. (Cereal Research Non-Profit Co.) can reduce the quantity...
Read more
Next year, the farmers have to meet the requirements of greening
Date: 2014-08-14 11:45:36
The farmers should be prepared to meet the requirements of greening in 2015 – the Ministry of Agriculture (FM) draws the attention. The information of the Ministry of Agriculture (FM)...
Read more
U.S. retail sales stagnated in July
Date: 2014-08-14 11:30:28
In July, retail sales in the United States have not increased compared to the previous month – the United States Commerce Department announced. Retail sales have not increased in July...
Read more
BB Boglári Harvest Festival at the Platán Beach
Date: 2014-08-14 11:10:31
The BB Boglári Harvest Festival at the Platán Beach awaits its guests with new musical delights between 15-20 August. The grapes are ripening around the Lake Balaton, and the vintage...
Read more
The rainy weather badly affects the Italian wine production
Date: 2014-08-14 11:08:23
Due to the rainy weather, the Italian wine production is expected to be considerably lower than in the previous year, however, the vintage will be excellent at some wine regions...
Read more
Grey Cattle Festival in Harsány
Date: 2014-08-14 11:05:48
The Grey Cattle Festival will be held for the second time in Harsány. The large-scale event will be held on 16 August on Saturday – the independent mayor of Harsány,...
Read more
Online Retail Index was down
Date: 2014-08-14 09:42:39
According to the GKI Digital – arukereso.hu Online Retail Index survey, online retailers hope for a 15-percent expansion from last year’s HUF 133-billion turnover. They are optimistic despite the fact...
Read more
DB Schenker completes integration process in Hungary
Date: 2014-08-14 08:45:56
Schenker Kft.’s integration process has reached its final stage: from this autumn the company’s various departments will move to a new collective headquarters, what is more, former Masped units have...
Read more
The analysts expect a slow growth in consumer prices
Date: 2014-08-13 12:10:17
The rise in consumer prices may remain slow in the coming months, but inflation may accelerate at the end of the year – analysts told MTI. The analysts expect higher...
Read more
Magazine: The dawning of a new era in television watching
Date: 2014-08-13 12:07:16
According to the eNET-Telekom ‘Report on online economy’ conducted in April 2014, 79 percent of regular internet using adults also do something else while watching TV. 27 percent of these...
Read more
The winners of the fifth tobacco shop tender were announced
Date: 2014-08-13 11:40:52
The results of the May 13 tobacco shop tender were announced. A total of 70 concessions were sold. Originally 88 concession rights were announced for 20 years and 659 applications...
Read more
Newer international professional recognitions to chocoMe
Date: 2014-08-13 11:39:14
Three chocoMe products received professional recognitions at the Great Taste Award 2014 international culinary competition in London (a chocolate received a two-star award and two creations 1-1 stars). The London-based...
Read more
Tax inspectors stormed the pubs
Date: 2014-08-13 11:38:35
Large-scale, coordinated inspections were carried out by the National Tax and Customs Authorities in the capital. At the end of last week, the inspectors visited 32 frequented restaurants at the...
Read more
The Chinese companies can benefit from the Russian food bans imposed on the West
Date: 2014-08-13 11:35:46
Some Chinese companies deliver food products directly to Russia which may benefit tremendously from the export ban imposed on the Western countries by Moscow. The China Daily reports that the...
Read more
The NÉBIH continues the summer food inspections
Date: 2014-08-13 11:32:23
During the almost 4000 controls, the National Food Chain Safety Office (NÉBIH) imposed 37 million HUF fines in the first stage of the summer inspections. The monitoring will continue until...
Read more
Gingerbread Festival in Debrecen
Date: 2014-08-13 11:15:09
The 7th Gingerbread Festival will be held on 16 and 17 August in Debrecen. The detailed program of the event was unveiled on Wednesday in the scope of a press...
Read more
Tom Jones will be the star performer at the Wine Days in Győr
Date: 2014-08-13 11:05:46
The visitors of the 7th Wine Days in Győr can choose from the wines of sixty wineries at the festival that will take place the next weekend. The star performer...
Read more
Tesco reinforces its presence in the digital sector
Date: 2014-08-13 09:10:48
Tesco creates a new brand called T Digital under which the retailer groups all of its own tech products, in order to bolster digital credentials – reports Marketing Week. Marcus...
Read more