News and articles
The EP accepted the cap on credit and debit card fees
The European Parliament has backed a deal to cap the fees retailers pay to process debit and credit card transactions, which EU officials say will mean savings for customers. Use...
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Manpower: 18 percent of the employers plan recruitments
According to Manpower’s recent representative survey, eighteen percent of the employers plan to increase staff in the next three months. The highest recruitment rate is experienced in the construction and...
Read moreThe soft wheat crop may be smaller this year in the EU
The European Union’s soft wheat harvest this year will be 141.5 million tonnes, lower than last year's record of 148.2 million tonnes, when the weather was very favorable. The European...
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The Tanti restaurant received a Michelin star
Another restaurant in Budapest, the Tanti, located in the 12th district received a Michelin star in this year's Michelin guide. Tanti in Budapest receives its first Michelin star in this...
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The difference between pasta and pasta – Video of the day
This odd Thai commercial s rather creative when it comes to illustrating the difference between fresh and dry noodlees…...
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What can we expect from the Hungarian economy in 2015?
Hungarian daily Világgazdaság organised an economic conference, titled ‘2015: restructuring markets, new owners’, where experts discussed the state of play and the challenges of 2015 in Hungary. The conference started...
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Grocery retail sales augmented in both value and volume
Between December 2013 and November 2014 value sales in grocery retail increased by 5 percent and volume sales expanded by 4 percent. Products in the 90 grocery categories audited by...
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Sales of household chemicals and cosmetics keep growing
In the January-October period of 2014 retail sales of household chemicals and cosmetics represented a value of HUF 270 billion, 6 percent more than in the first ten months of...
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PL buyers sense an improvement in product quality
The majority of Hungarian consumers think positively of retail chains’ private label (PL) products. 72 percent of buyers sense an improvement in the quality of PL groceries and household chemical...
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Early winter minuses in consumer prices
In December consumer prices were 0.9 percent lower than one year ago. Compared with November 2014, consumer prices fell 0.7 percent on average, and groceries cost 0.7 percent less in...
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Magazine: Chez Budapest
In 2016 Budapest will be hosting the European final of the Bocuse d’Or chef competition. Hungexpo’s hard work in championing the cause of quality gastronomy in the last six years...
Read moreEuropeans are more satisfied with online purchases than in-store purchases
Eighty percent of Europeans are satisfied with online shopping, while only 67 percent of them are satisfied with offline in-store purchases – the latest UPS representative survey reveals. The research...
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GDP grew in last year's fourth quarter in the EU
The joint gross domestic product (GDP) of the European Union (EU) Member States increased by 0.4 percent in the last quarter of 2014, compared to the previous quarter – Eurostat...
Read moreTwo Tescos remain open on Sundays
Only two of the 209 Tesco stores will be open throughout the country on Sundays after 15 March – the department store chain informed Pénzcentrum. Only two Tescos will operate...
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Unite against qualitative hunger
The Danone Kft. created a media club under its 17 years old “Do Together for the Children” (TEGY) program. The media club is dealing with important social tasks every year:...
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New limited edition Fanta: the elder taste conquers again
The Fanta surprises us with a an old “acquaintance” this spring; the Fanta Elder. The new flavor joins to the Fanta soft drink family as a limited edition member. The...
Read moreFazekas: the basic criteria of producing quality food is good quality soil
The good quality soil is the basic criteria for the production of high quality food, it is inconceivable without conscious protection of the soil – Fazekas Sándor Minister of Agriculture...
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The Managing Director of the Henkel Magyarország Kft. won “The Manager of the Year 2014” award
The National Association of Managers chose dr. Fábián Ágnes, the Managing Director of the Henkel Magyarország Kft. as the Manager of the Year. The presidency of the National Association of...
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Amazon targets the Chinese market through the Alibaba
Amazon opened its own digital storefront on Tmall Friday. Tmall is an Amazon-like site owned by one of China's largest internet companies, Alibaba. Unlike Amazon, Tmall is more of a...
Read moreBisnode: every third CEO is a woman in Hungary
In Hungary, 32 percent of CEOs are women, however, as the firm size increases, the importance of their positions in leadership is decreasing – the Bisnode business information provider’s analysis...
Read moreA dangerous pest appeared in Europe
The European agriculture is threatened by a plant louse that can cause significant damages to the corn and rice cultivation. The plant louse probably absorbed through North Africa – and...
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The highest bread prices in Ukraine can be found in Transcarpathia
The price of bread increased dramatically, by about 80 percent, in the last two weeks, in Transcarpathia. The Ukrainian currency, the hryvnia is continuously loosing its value, compared to foreign...
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Hungarian tourism experts expect great results this year
Hungary appeared at the world's largest tourism trade fair, the ITB Berlin again with a number of exhibitors. The Hungarian tourism professionals expect that the number of German tourists visiting...
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“Four hands” charity dinner – Video of the day
This video offers a behind-the-scenes look at the spectacular “four hands” charity dinner created by world-famous chef Joan Roca from El Celler de Can Roca and renown Taiwanese chef André...
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18th Global CEO Survey: less optimism, more confidence
In the last quarter of 2014 PricewaterhouseCoopers (PwC) conducted 1,322 interviews in 77 countries and presented the results on 20 January 2015 in Davos. The 18th Global CEO Survey found...
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Meal-Trade is 10 years old
Meal-Trade Kft. primarily provides wholesale services for the Horeca sector. The company was established by Ferenc Kerekes in Debrecen, in 2005. They operate in Hajdú-Bihar and Szabolcs-Szatmár-Bereg counties, where they...
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So many things to celebrate!
Imre Horváth, the CEO of METRO Hungary talked to our magazine about their results in 2014 and plans for 2015. Last year the company celebrated a double jubilee (the world’s...
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SPAR strengthens family enterprises
By the end of 2014 there were 24 franchise partners in the Hungarian SPAR Partner Programme. From 2015 not only family shops can join the SPAR network but SPAR employees...
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Grüne Woche, Berlin, 16-25 January 2015
This year the special guest was Latvia at the Grüne Woche trade show, where 1,658 exhibitors from nearly 70 countries presented their products and services. In his opening speech Germany’s...
Read moreKSH: GDP grew by 3.6 percent in 2014
The Hungarian gross domestic product (GDP) increased by 3.6 percent last year, compared to the previous year – the Central Statistical Office (KSH) announced on Friday. According to seasonally and...
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