Events

The tax and customs department seized fake perfumes and shoes

The finance officers of the National Tax and Customs Administration (NAV) seized 24 million HUF worth fake perfumes and 132 pairs of fake shoes on the M1 motorway – the...

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German exports increased

Contrary to expectations, the value of Germany’s exports did not fall but increased in July, with a stable third-quarter launch indicating that the largest economy in the euro area could...

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Global sales of smartphones continue to decline this year

Global sales of smartphones have fallen for the third consecutive year – according to the International Data Corporation (IDC) IT and telecommunications market research firm. According to IDC, 0.4 percent...

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The world we want tomorrow starts with how we do business today

– claims Mars, one of the world’s biggest confectionary, food and pet food producers, through their new Purpose statement. The new statement is integrated in the daily life of Mars...

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Shoppers looking for a drill need holes

Extreme Digital and SD4Good organised a two-day forum in Budapest for digital transformation experts on 6-7 June. The Shop Experience Design Sprint focused on finding new ways, business models and...

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Trendy black coffees

Judit Hellinger, Tchibo Budapest Kft.’s trade marketing manager informed our magazine that the improving economic situation and higher salaries had entailed a 7-percent sales growth in the Hungarian coffee market....

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Albert Heijn Tests ‘Grab And Go’ Digital Store

Dutch retailer Albert Heijn has announced that it is testing a mobile digital store designed to offer customers a ‘grab and go’ experience. Customers can access the store by using their debit...

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Netto Marken-Discount To Switch To Unpackaged Cucumbers

German discounter Netto Marken-Discount has announced that it is to only sell unpackaged cucumbers from mid-September onwards. As a result, all conventional and organic cucumbers will be sold packaging-free in 4,260 Netto...

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Magazine: Nobody knows how far the 24th hour is

More and more companies, especially large firms with the necessary financial resources, realise that sustainability isn’t only important for their prestige, but it is also profitable in the long run. Many...

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GKI: online retail sales over 200 billion HUF in the first half of this year

According to a joint survey of GKI Digital and Árukereső.hu, the retail sales of this year increased by 16.4 percent, compared to the first half of last year. This year...

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This year’s school milk and fruit program is secured

The school milk and fruit program is secured again this year, the Minister of State of the Ministry of Agriculture said in a press conference in Budapest on Monday. Feldman...

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Nagy István: agriculture provided more than half of the national economy’s foreign trade surplus in the first half of the year

The Hungarian agricultural economy has undergone spectacular development in recent years, and its productivity and profitability have also increased significantly. Thanks to this, every year it makes a significant contribution...

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Coface: the Central and Eastern European GDP may expand by 3.6 percent this year and 3.2 percent next year

GDP in Central and Eastern Europe is growing at a slower rate than last year, with GDP rising 3.6 percent this year and 3.2 percent next year – according to...

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Milk Product Councils: the costs of dairy farmers are increasing

The Intergovernmental Organization for Milk and Product Council has repeatedly stressed the importance of resolving the tensions between dairy farmers and retailers. In the domestic context, the increasing inflation and...

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An illegal pálinka maker was found in Baranya

Hundreds of liters of distillate and thousands of liters of mash, as well as high-volume pálinka making machines were found by the National Tax and Customs Administration (NAV) in an...

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Five billion euros Hungarian developments were showcased at the EXPO-REAL Budapest booth in Munich

Almost 5 billion euros Hungarian developments were showcased at the EXPO-REAL Budapest booth in Munich. Thanks to the fastest-growing construction investments in the region, supporting the fastest Hungarian economic growth...

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Investor sentiment in the euro area improved slightly

Investor sentiment in the euro area has improved slightly, according to a study released on Monday by the Berlin-based Sentix Economic Research Institute. The monthly Sentix survey was made with...

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Consumption has become the new mantra in the Chinese economy

Chinese leadership wants to boost economic growth primarily through boosting domestic consumption – origo wrote. But there are still serious limitations to this, despite Chinese consumers contributing significantly to GDP...

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Coffee cures a rare disease

The effectiveness of two espressos per day was confirmed by a random test: the coffee eliminated by the coffee the symptoms of a rare, hereditary, incurable disease of 11-year-old French...

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Russia’s X5 Opens New Distribution Centre In Siberia

Russian retailer X5 group has announced that it has opened a new distribution centre in Novosibirsk in the Siberian Federal District. The new logistics facility will supply goods to Pyaterochka...

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Brazil Agribusiness Joins With NGOs To Call For Action On Amazon

Brazil’s leading meat export industry group and other agribusiness associations on Friday joined with nongovernment organisations (NGOs) to call for an end to deforestation on public lands, demanding government action...

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Timberland to plant 50 million trees within five years

Global outdoor lifestyle brand Timberland has committed to planting 50 million trees around the world by 2025. The move builds on Timberland’s previous tree planting efforts; since 2001, the brand...

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European Commission: Hungary’s digital development has improved

According to DESI’s 2019 data showing the development of the digital economy and society, Hungary’s performance over the past few years has improved at a pace similar to the EU...

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AM launches a wine promotion program with a budget of 3.5 billion HUF

The Ministry of Agriculture plans to launch a 3.5 billion HUF wine promotion program to support the sale of quality wines, Feldman Zsolt, Minister of State of the Ministry of...

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KSH: Exports and imports rose by 7.6 percent in July

In July, exports and imports both rose 7.6 percent year-on-year, and foreign trade surplus became 276 million euros, 19 million euros higher than a year before – the Central Statistical...

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Beer and Trotters Festival is organized in Siófok for the first time

Siófok is coming up with a new Autumn Gastronomy Festival: the first Beer and Trotters Festival will be held between 13th and 15th September on the Main Square. The organizers...

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ITM: special attention to be paid this year on students’ consumer awareness again

The Ministry of Innovation and Technology (ITM) will continue to focus on providing students consumer protection knowledge this school year. The Ministry is launching its “Consumer Awareness School” competition for...

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More than 7,300 young people start their education in the institutions of the Ministry of Agriculture

“More than 7,300 young people start their education in the institutions of the Ministry of Agriculture” – the Ministry of Agriculture told MTI. “The school system, which responds to the...

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Ten million eggs that wouldn’t make a chick

Bloomberg reports on an unusual government idea from Indonesia. Jakarta would force record-low poultry meat prices to rise by recommending the destruction of eggs to the poultry farmers – origo...

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Growth in the euro area private sector picked up but remained modest in August

Growth in the private sector of the euro area increased but remained modest in August, after the service sector was only partially able to offset the decline in manufacturing performance...

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