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GKI’s business cycle index is close to its peak again
GKI’s business cycle index again approached its September historic peak in November. Business expectations slightly improved, and consumer expectations fell within the margin of error – the GKI Economic Research...
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A new market hall to be built in Mohács with half billion HUF investment
A new market hall is being built from five hundred and fifty million forints tender funds in Mohács, replacing the former Jókai street market – Szekó József Mayor told MTI....
Read moreK&H: investment mood of SMEs is on a multi-year peak
The willingness of businesses to invest is on a three-and-a-half-year peak. Currently 62 percent of the CEOs are planning some kind of development. This ratio is even better in case...
Read moreGKI Digital: the logistics sector is struggling with labor shortages
Logistics sector in Hungary faces labor shortages, the lack of couriers makes it difficult to deliver online orders – GKI Digital’s industrial report was sent to MTI on Wednesday. GKI...
Read moreHungary aims to become China’s main exporter in the region
Hungary’s realistic goal is to become China’s largest export partner in Central Europe and to play a leading role in China’s investment in Central Europe – the Minister of Foreign...
Read moreNAK’s County officials were elected
The county delegating assembly of the National Chamber of Agriculture (NAK) was held between November 23-25, 2017, where county officials were elected. The county delegations met on November 23-25, 2017,...
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The conditions for selling spirits to be tightened in Russia
The Russian government plans to submit a bill to the Parliament, which will require to separate alcoholic beverage sections within the shops in the future. The draft created by the...
Read moreThe Black Friday in the US broke record
Buyers spent a record amount of money in the United States during the so-called Black Friday, which marks the start of the Christmas shopping season. The Adobe Analytics Economics Research...
Read moreBerlin’s Christmas fairs to open with exceptional security measures
Berlin’s Christmas fairs will open with exceptional security measures, due to the terrorist attack happened a year ago. In the German capital there are 24 larger open-air Christmas markets, most...
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OKSZ: Hungarians will spend 100 billion HUF for this Christmas
This year, the Hungarians will spend 100 billion HUF for Christmas presents, according to the estimates of the Hungarian Trade Association (OKSZ), which includes internet spending and shop purchases. Vámos...
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The television increases the market share of OTC products the most
Atmedia, as the market leader TV sales house is committed to strengthening and building the television advertising industry. In 2016, together with GfK, the company implemented a new analysis on...
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We are looking for experiences for Christmas instead of socks and hairdryers
What will we give and what do we want to receive? How and with whom do we spend Christmas? What do we really want to do during the holidays? The...
Read moreFM: wine exports increased
In the first eight months of the year, the value of wine exports increased by 20 percent and its volume increased by 31.5 percent, compared to the same period of...
Read more1.1 million purchases are expected during this year’s Black Friday
Hungarian retailers are expecting 25-30 billion forints turnover this year on Black Friday and nearly 1.1 million purchases. The action will be available at 62 percent of webshops – according...
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EPAL introduces quality-tested CP pallets
EPAL – the world’s largest pallet quality assurance association – starts to market the EPAL CP pallets. Producer and repairer licenses for quality EPAL CP pallets can now be requested...
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The European Waste Reduction Week is about re-use
The European Waste Reduction Week campaign, organized by the Hungarian Ministry of Agriculture (FM) from 18 to 26 November is focusing on re-use – the Parliamentary Minister of State said...
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Mobile payment is comfortable
László Szetnics, regional head of mobile paymesnt services at Mastercard told at a presentation held for journalists that it takes 8 hours for people to realise that they have lost...
Read moreKSH: retail sales have continued to grow
In September, the volume of retail stores grew by 5.6 percent. According to the raw data it was 5.6 percent higher than a year before, while calendar effect adjusted it...
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A growth in Christmas turnover is expected in retail
Retail sales may exceed last year’s 1000 billion HUF turnover by 3-4 percent in December this year – Vámos György, secretary general of the National Trade Association (OKSZ) told at...
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FruitVeb: fruit growers closed an average, vegetable growers have had a good year
The fruit growers had a somewhat better year than average, but the vegetable growers have closed a good year in 2017 – Ledó Ferenc, President of the Hungarian Vegetables and...
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The KETGATE project helps in the innovation of small and medium-sized enterprises
The Bay Zoltán Research Center and its Central European partners make their research infrastructure and innovation services available to the domestic small and medium-sized enterprises within the framework of the...
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Turkey Association: the sector is stable, but production will be lower than last year
The domestic turkey sector is beyond the difficulties of recent years, the VAT cuts have helped to expand domestic trade. The Hungarian turkey meat is also popular abroad, but the...
Read moreAgricultural logistics center is being built in Bonyhád
The Agricultural Logistics Center will be built with a 450 million HUF investment in Bonyhád. The facility will be able to store 3000 tons of fruit a year. In the...
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NGM: the increase in earnings is mainly due to the wage agreement
According to the Minister of State of the Ministry of National Economy (NGM) responsible for Labor Market and Training, earnings growth is mainly due to the fact that in November...
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Áder János: By 2050 we will need 50 percent more food and 30 percent more water
As a result of population growth, by 2050, fifty percent more food and 30 percent more water will be needed for almost 10 billion human kind – President Árder János...
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Magazine: To spread or not to spread
The dominance of pre-packaged products and private label products characterise the liver paté market. A small drop in volume sales has been offset by an increase in value sales. Zoltán Szántó, senior...
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KSH: earnings rose by 13.6 percent in September
In September, average wages grew by 13.6 percent compared to a year before – the Central Statistical Office (KSH) reported on Wednesday. The annual rate of increase of average earnings...
Read moreE-merchants are expecting 25 to 30 billion HUF turnover during this year’s Black Friday
The Black Friday is here again and is bigger than ever before. This year, a record number of merchants will join the initiative from America. 62 percent of the webshops...
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The Hungarian National Trading House is organizing an IKT Expo Academy again
The Hungarian National Trading House (MNKH) is organizing an IKT Expo Academy for the second time in November and December. According to the Hungarian National Trading House (MNKH), the two-day...
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Eat for Each Other charity action of the Food Bank
Breakfast, lunch, dinner… Eating is one of the best things in the world that we look at as a natural thing. Still, there are many people in the world and...
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