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Czech economic growth slowed down in the second quarter

In the second quarter, Czech economic growth declined to 2.4 percent from the 4.1 percent of the first quarter of the year in an annual comparision – the Czech Statistical...

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IATA: passengers want more information and self-service airport systems

Air passengers want to receive more information about flights, security checks and luggage, and require more self-service airport systems, according to the latest annual poll conducted by the International Air...

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Magazine: Fierce competition between banks

The switch to digital processes in customer management is continuous in Hungarian banks. This creates great challenges for them. András Fischer, OTP Bank’s head of innovation – retail banking told our...

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(HU) A Mars marketingvezetője visszatér szülési szabadságáról

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

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Bread Alliance: the baking industry sells white and half-brown bread below real prices

The bakeries sell their three products, the white, the half-brown bread, as well as water- roll below real prices Septe József, President of the Hungarian Baker’s Association tolMTI on Tuesday....

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KSH: export and import showed a double-digit growth

In July, exports in euro were 11.4 percent higher than in the previous year and imports increased by 10.8 percent. Foreign trade surplus was 362 million euros, 80 million euros...

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ITM: 40,000 people swiched from public employment to the competitive sphere this year

In Hungary this year, 40,000 people switched from public employment to the competitive sector and 30 to 50,000 from the current 110 to 120 thousand can go to the primary...

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Nébih: only a fraction of the notifications in the EU alert system concerned Hungarian products

The National Food Chain Safety Office (Nébih) published on its website, referring to the annual summaries of the European Commission that only 0.7 percent of the almost four thousand notifications...

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Producer prices in the euro area have risen more than expected

The EU’s Statistical Office the Eurostat announced on Tuesday that producer prices in August increased by 0.3 percent in the 19 member states of the euro area, compared to the...

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MNB: Október 31-ig lehet fizetni a régi 1000 forintos bankjegyekkel

Már csak egy hónapig, október 31-ig lehet használni a készpénzes vásárlásoknál a régi – 2017 előtt kibocsátott – 1000 forintos bankjegyeket, mert október végén a Magyar Nemzeti Bank (MNB) bevonja...

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US consumer sentiment improved in September

The mood of US consumers has improved significantly in September, according to the regular monthly survey of the Michigan University. The consumer sentiment index increased to 100.1 points from the...

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Promising digitalisation level of Hungarian SMEs with a high business potential

According to the results of UniCredit Bank and Inspira Research’s Business Potential study, Hungarian SMEs with a high business potential are of the opinion that only new technology-based solutions qualify...

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Consumer prices grew by 3.4 percent in August too

In August 2018 consumer prices were 3.4 percent higher on average than a year before, just like July. In comparison with August 2017, food prices increased by 4.1 percent. Egg’s...

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More expensive cereal crops

In July 2018 agricultural production prices grew by 1.2 percent from the level of July 2017 – reported the Central Statistical Offi ce (KSH). This increase was the result of...

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Retail sales up more than 5 percent

In July 2018 like-for-like retail volume sales augmented by 5.4 percent; adjusted for calendar effects, the sales growth was 5.3 percent – reported the Central Statistical Office (KSH). Food and...

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It is key to reward skilled workers and professionals

The latest Cofidis Loan Monitor survey has revealed that it is difficult for Hungarians to find specialist doctors (84 percent), electricians (82 percent), painters (80 percent) and home appliance repairers...

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Faster growth than expected, but it is losing speed

In the 2nd quarter of 2018 the Hungarian economy grew faster than expected – and faster than most EU member states – but if calculated with the EU methodology, the...

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The shopping centre of the near future

International shopping centre Westfield has presented its vision about the store of the future with the title Destination 2028. In Westfield’s concept the relationship between people and nature dominates. The...

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Our waste, our responsibility

Bottletop on Regent Street in London is the first zero-waste shop in the world. The interior is fully 3D-printed, using materials from 60,000 PET bottles, 75 car tyres and 3,500...

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Innovation focuses on food-to-go

Food-to-go services are one of the top trends in the domain of retail innovations. Offline retail trade can use not only digital solutions to keep customers, but also various services...

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FMCG sales are growing dynamically online too – 15th E-commerce Conference, 5-6 June 2018, Visegrád (Part 3)

On the second day of Ecommerce Hungary’s conference the FMCG sector was analysed at a roundtable discussion, which was moderated by Zsuzsanna Hermann, our magazine’s editor-in-chief. She pointed it out...

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Price vs. speed: What is more important in the field of logistics solutions?

The results of a survey by Olcsóbbat.hu from 2018 have revealed: reliability is almost as important as the price of the service when an online shop chooses a logistics service...

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Why should both manufacturers and wholesalers enter the website of the year competition?

In this year’s website of the year competition there are individual categories for trade companies – called e-commerce and trade – and manufacturers – named B2B and brand site. Participation...

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Can an e-commerce association be the solution in competing with giants such as Amazon?

One of the reasons why Central Europe is a popular cross-border e-commerce target is that giants such as Amazon or Alibaba aren’t expanding in the region yet. This situation is...

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Those who buy Hungarian onion help our farmer

In the spring of 2017 NAK set up an onion working group with the aim of making the Hungarian onion sector more competitive. NAK organises talks between farmers and retailers,...

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Coccolino: renewal both inside and outside

Coccolino’s large-scale relaunch project has come to an end. In 2018 the fabric softener brand got a new design and improved formulas. Brand manager Judit Benczik told: new products had...

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News from Poland

Spar Polska reported a 15-percent increase in sales for the first half of 2018, in the value of PLN 550 million. Last year sales were at PLN 483 million in...

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Campaigns popularising Hungarian food products

The Hungarian Chamber of Agriculture (NAK) promotes Hungarian produce and groceries in many ways. As part of the ‘From Hungary to our homes’ programme a lifestyle page was created on...

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New Fanta Instamixes

In mid-September three versions of Fanta: Instamix hit the shops – chocolate, coconut and raspberry-orange. The recipe is simple: consumers need to pour the Instamix into a 0.5-litre Fanta orange...

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The price of pig decreased in one year

Compared to the beginning of the year, the price of pigs declined in comparison with the previous year in August this year – Világgazdaság Online wrote on the basis of...

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