News and articles

Hungary is a treasure box of opportunities

Since 15 January 2015 Jean Grunenwald has been Nestlé Hungary’s managing director. Trade magazin asked him, an executive with both regional and international experience, about his professional background, his first...

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2014: major investments and outstanding sales growth by MIRELITE MIRSA Zrt

Since 2011 MIRELITE MIRSA Zrt., a 100-percent Hungarian-owned family company, has invested HUF 1.15 billion in technological and product innovation. The biggest step was taken last year, when the company...

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Stakeholders’ assessment

Dr Péter Vadász, the vice president of MGYOSZ called our attention to two important things in connection with the survey’s results: 1. there was a great increase in the number...

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GKI: Deteriorating business expectations and improving consumer sentiment

May was the fifth month when the GKI-Erste economic sentiment index adjusted for seasonal effects remained unchanged, with some fluctuations, reflecting a relatively optimistic mood. According to the empirical survey...

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Custom premium Ellehammer suitcases in SPAR's latest loyalty action

This spring, the latest SPAR loyalty in action focuses on touring! The promotion was launched on 21 May. This year the custom suitcases, bags and accessories of the prestigious Danish...

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Annual 21 billion HUF can flow into the economy with the growth tax credit

Approximately 18 thousand companies can take advantage of the total of 21 billion HUF worth loans under the growth tax credit program – according to the analysis of Opten business...

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The World Congress of wholesale markets will be held in Budapest

The World Association of Wholesale Markets (WUWM) will held its congress between 27-29 May. The event is organized by the Budapest Wholesale Market and the Market Hall Directorate of the...

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The native buffalo was left out of agricultural subsidies

It seems that the Ministry of Agriculture (FM) made a mistake when the native and endangered animal species like buffalo were missed this year – from the so-called production-linked –...

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Magazine: Analytic Consulting (Part 5) – Promotions: high costs – varying returns

Nielsen vice president Uta Werner and senior vice president Rick Hall are the authors of a study on how to overcome obstacles that are in the way of high-efficiency promotions....

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Hungary was the guest of honor at a wine competition in France

The 2010 five-butt Tokaji Aszú of the Pannon Tokaj winery and the Villany-based Bock winery’s Libra Cuvée 2011 red wine won the Special Prize of the international federation of wine...

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The suppliers of the Surjány-Hús Kft. are waiting for their money

The employees of the Surjány-Hús Kft. meat processing plant have received their April salaries yesterday, but the bank does not allow the payment of the contributions of, the suppliers are...

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The NAV uncovered a nearly 400 million HUF VAT fraud

The inspectors of the National Tax and Customs Administration (NAV) eradicated the activities criminal organization dealing with meat, who lured nearly 400 million HUF VAT. The financial investigators seized the...

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Subsidized agricultural insurance until the end of June

The Ministry of Agriculture extends the deadline of the grant applications for the increasingly popular subsidized agricultural insurances with one month. The new deadline is 30 June 2015. The agricultural...

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The French law banning food waste would have a global effect

The French law on banning food waste that was accepted last week would raise the law to a global level. The started of the initative Arash Derambarsh, municipal councilor of...

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(HU) Túlterheltség és alulműködés a kkv-knál

Sorry, this entry is only available in HU....

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The L'Oréal will reduce the price of products supplied to China

The French cosmetics company L'Oréal reduces the price of most of its products that are shipped to China, to fight against the gray market of products, and also encourage Chinese...

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Széchenyi Rest Card: 1.8 billion HUF still need to be used

Around HUF 1.8 billion HUF has not still used from the Széchenyi Rest Card although the deadline of the 2013 to 2015 cards expires on May 31 – card issuers...

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Topolobampo – Video of the day

Separated by a soundproofed sliding door from the continuously packed Frontera Grill, Topolobampo, Rick Bayless's serene white-tablecloth restaurant, has been changing the way Americans view Mexican cuisine for the last...

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Software to speed up shopping

Through its JLab programme, UK retail chain John Lewis supported the work of start-up Localz with GBP 100,000 last year, so that parcels from online orders are delivered faster and...

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Mantaro Café

Mantaro Café is a fresh, new, premium quality and premium design roasted coffee range developed especially for the HoReCa segment. The brand represents three quality categories, serving the needs of...

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Magazine: Nice to mix you!

A growing number of traditional alcoholic drinks appear in the taste of food products. Innovators are obviously inspired by chefs and pastry chefs. Most new products are launched in the...

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The Microsoft-could ca

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Hungarian trading house opens in the Sudan

On 21 March 2015 a Hungarian trading house opened in the Sudan. The new trading house also deals with business matters in Libya, Chad, Somalia, Eritrea, Ethiopia, South Sudan and...

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British Business Centre’s successful first year

The British Chamber of Commerce’s British Business Centre celebrated its 1st birthday on 25 March. There were nearly 100 businesspersons at the event organised by the British government’s UK Trade...

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Consumer confidence hits low point in Italy

Italy’s grocery retail sales dropped in both value and volume in the 4th quarter of 2014. According to Jean-Jacques Vandenheede, Nielsen’s retail insights director in Europe, Europe’s growth was hold...

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There is place for more brands in the same fleet

In Hungary demand is the biggest for lower-, lower-medium and medium-category cars when it comes to building a fleet. Dr Sándor Vérten, communications director of Porsche Hungaria told our magazine...

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Analysts expect the further expansion of household consumption

Analysts said that due to the low inflation and rising real wages, the private consumption may increase substantially. According to the recently published data of the Central Statistical Office (KSH)...

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The cattle exports to Turkey can reach the volumes of the beginning of the decade

The cattle exports to Turkey can reach the volumes of the beginning of the decade – Budai Gyula, Ministerial Commissioner of the Ministry of Foreign Economy and Foreign Affairs told...

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Beer Festival and Knuckle Parade in Békéscsaba

Tens of thousands of visitors are expected to this year’s Beer Festival and Knuckle Parade to Békéscsaba, which will take place from 11 to 14 June. The programs include traditional...

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