News and articles
Ice cube for 8 USD
A piece of hand-carved ice cubes cost eight USD, while the fifties package costs 325 USD. However, they are not statues, but perfectly carved geometric shapes. Photo :: Glace Luxury...
Read moreHealth drops – Black tea
But what real tea lacks in variety, it makes up for with some serious health benefits. Researchers attribute tea’s health properties to polyphenols (a type of antioxidants) and phytochemicals. Though...
Read moreThe traveling mood of the elders increases
The members of the age group over 55 in Hungary are remaining more and more socially and economically active – the Magyar Turizmus (MT) Zrt. draws attention in its latest...
Read moreThe number of Russian tourists traveling to Europe decreased but more Russians visited Hungary
Last year, the number of Russian tourists traveling to Europe fell by 25-30 percent, but more and more Russians visited Hungary – the executive director of the Russian Association of...
Read moreHungarians are a bit more eager to buy
A Nielsen survey in the third quarter found that 72 percent of Hungarian consumers think Hungary is in economic recession. Willingness to buy is smaller than the European average but...
Read moreLess and less small stores
In January 2014 there were 17,466 grocery stores with a floor space of or below 400m² in Hungary. Between December 2013 and September 2014 they realised a HUF 1,220-billion turnover...
Read moreSeasonal decline may soon start in tobacco retail
So far the recent trends of the tobacco market haven’t changed. Manufacturers remained active in the market, JTI and Philip Morris launched new products once again – JTI’s old/new cigarette...
Read moreLooks and content both matter when it comes to buying dessert
After last year’s sudden halt the praline market revitalised in 2014 – we learned from Andrea Révfalvi, marketing manager of Bonbonetti Choco Kft. She told that the main driving force...
Read moreKSH: retail sales increased by 5.2 percent in November
Due to the incresae of fuel sales the volume of retail sales showed the same 5.2 percent increase in November as in October – the Central Statistical Office (KSH) reported...
Read moreAnalysts: the November retail data become better-than-expected
The become better-than-expected retail data in November was clearly pulled up by the fuel sales – the macro analyst of the Buda-Cash and K&H commented the fresh data of the...
Read moreMagazine: Drastic reduction in salt content
The three most important service providers in the public service catering market talked to our magazine about the new regulation, which enter into force from the beginning of 2015. Csaba...
Read moreTesco can close several Hungarian units
The Tesco supermarket chain plans to close unprofitable stores in Hungary – the Magyar Nemzet was informed by the inner circles of the multinational company. The measure, that was made...
Read moreRetail sales increased in the EU
The retail sales increased in the European Union both in monthly and annual comparision in November, according to the non-finalised calculations. According to seasonally adjusted data, the volume of the...
Read moreGfK: stagnating consumer confidence
According to the analysis of the GfK Consumer Confidence Index, in the last quarter of 2014, the index has reached a 1-point increase. The consumer expectations are stagnating, while the...
Read moreThe NGM about the Sunday opening hours
The decree about the Sunday rest day will be ready in the first quarter of 2015, but the law already contains a number of exceptions – the Ministry of National...
Read moreTesco starts the year with store closures and discounts in Great Britain
Tesco is to close its headquarters in Cheshunt and 43 unprofitable stores as part of a drastic plan to turnaround the supermarket retailer. Dave Lewis, the new chief executive, also...
Read moreThe dairy product council and the Vitafort Zrt. have extended their cooperation agreement
The Vitafort Első Takarmánygyártó és Forgalmazó Zrt. (Vitafort First Feed Production and Distribution Company) and the Milk and Interprofessional Organization and Marketing Board (Tej Szakmaközi Szervezet és Terméktanács) signed a...
Read moreWorkania: gross wages increased by 6 percent in 2014
Last year the gross wages increased by 6 percent in Hungary to 246 thousand HUF, compared to the average gross salaries of 2013. The largest increase was in the area...
Read moreWe relax with drinking coffee and moving less
Sixty-seven percent of the Hungarians are realaxing by drinking coffee if only have ten minutes of free time, but if they have several hours they prefer watching TV or listening...
Read moreThe Romanian retail trade increased by more than seven percent in January-November 2014
The Romanian retail trade increased by more than seven percent in the first eleven months of the last year – the Romanian national statistical institute announced on Thursday. The raw...
Read moreThe data speed of indoor mobile network will be increased with the new development of Ericsson
The Swedish Telecom giant, the Ericsson expects that the 4G smartphones will be able to download data three times faster later this year with a little help from wireless spectrum...
Read moreThe economy takes a step back – optimism didn’t last
The autumn is expected to bring a negative turn in the economy, due to changes in taxation and the 2015 budget. Growth rate will probably be around 2.5 percent in...
Read moreTeam building weekends in hotels
A survey conducted by Profession.hu and KonferenciaHotelek.hu reveals that team building trainings are typically 2-day long (Friday-Saturday) and are organised in hotels located in an 80km radius around Budapest, where...
Read moreHealth drops – Whole grains
The Healthy Eating Plate encourages consumers to choose whole grains and limit refined grains, since whole grains are much better for health. In the body, refined grains like white bread...
Read moreParisian menu – Video of the day
Grant Achatz and the team at the NEXT restaurant are back with their first instalment of 2015, a fun trailer for their upcoming Bistro themed menu. We brought you the...
Read moreBNV returns this autumn
Gabriella Szántó, communications director of Hungexpo Zrt. told our magazine that next autumn the Budapest International Fair (BNV), one of Hungexpo’s best-known brands would return with a new concept. It...
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Improved sales by manufacturer brands
Like-for-like air freshener sales were between HUF 4 and 5 billion in January-August 2015, with value sales rising 5 percent. Drugstores had the biggest share from value sales, 27 percent...
Read moreMagazine: Beer from the coffee machine?
Cambridge Consultants invented Hoppier, a creative device to improve the taste of plain or alcohol-free beer. Hoppier looks like an espresso machine, which presses beer through hop using high pressure....
Read moreThe excise guarantee of alcohol distributors may remain on last year's level
The Prime Minister’s Office does not agree with any of the excise rate increase proposals of Gulyás Gergely (Fidesz) nor the Ministry of National Economy (NGM), therefore initiates amendments that...
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