Company and Personal News
The winter seasonal inspection was effective
Compared to previous years, the 2020 winter seasonal food chain inspection ended with improved results, the Ministry of Agriculture (AM) told MTI. According to the announcement, Erdős Norbert, State Secretary...
Read more
From Monday, ITM suppliers can apply for a program to support the development of food businesses
Suppliers are expected to apply from Monday for a program to support food businesses. The program was announced last December by the Ministry of Innovation and Technology (ITM). In a...
Read moreAM: one can join to the new risk management system from 1 February
Building on the legal bases adopted by the Parliament in 2020, the Ministry of Agriculture (AM) introduces a new risk management tool for farmers exposed to economic and market risks...
Read moreThe Hungarian National Trade Association and the Magyar Utalvány Zrt. have joined forces for domestic traders.
The Hungarian National Trade Association (MNKSZ) and Magyar Utalvány Zrt. have concluded a cooperation agreement in order to support domestic traders – profitline.hu wrote. According to the agreement, the members...
Read more
The Hungarian government will pay half of Heineken’s investment
Half of Heineken’s generous half-billion-dollar investment is paid for by the government, in return that the Dutch company protects 456 jobs and buys raw materials from mostly Hungarian suppliers –...
Read more
In a year, Europe’s largest intermodal terminal will be waiting for Chinese goods at Fényeslitke
Construction has begun on Europe’s largest intermodal terminal in Fényeslitke in the Záhony area. The EWG will be the continent’s most modern land container and combined terminal. The Chinese goods...
Read more
Sugo Food Kft. is implementing an investment of 5.4 billion HUF in Baja
The Belgian-owned vegetable processing company, the Sugo Food Kft. is implementing an investment of 5.4 billion HUF in Baja The Hungarian government will provide 1.7 billion HUF in support for...
Read more
A Hungarian specialist has became the head of Mastercard responsible for card acceptance
Hungarian specialist Gauder Milán has been appointed Mastercard’s head of global card acceptance, – origo quotes the international company’s announcement. The Hungarian specialist will be responsible for the payment technology...
Read moreBrexit brought a customs duty
The United Kingdom exited from the European Union (EU) on 1 February 2020 and also left the EU customs union on 1 January 2021, so Hungarian traders, businesses and citizens...
Read more
Store designs help create buzz for cannabis retailers
As many retailers struggle to find a path forward in the wake of the coronavirus, the cannabis industry is continuing to enjoy explosive growth. The U.S. cannabis industry — including recreational...
Read moreLast year, the Romanian economy shrank by 5 percent in the first three quarters
In the first three quarters of last year, the performance of the Romanian economy decreased by 5 percent year-on-year, which is 0.1 percentage points better than the 5.1 percent decline...
Read more
Procrastinated, burnt-out youngsters
Horváth Bence, journalist of 444.hu, wrote an article based on his personal experiences on procrastination and burnout. “I’ve been planning to write an article about procrastination for years, but in...
Read more
Minister of Agriculture: The government spends more than four thousand billion forints on the development of the Hungarian countryside
Through the rural development pillar of the Common Agricultural Policy (CAP), the government can spend a historically large amount of 4,265 billion HUF on the development of the Hungarian countryside,...
Read moreIt was an outstanding year for agriculture
Hungarian agriculture was able to adapt to the changed conditions, and the sector was able to produce outstanding results even in the crisis period – napi.hu wrote. According to preliminary...
Read moreClosed in pounds less, pennies more, but 2021 is already pulling
Now everything is closed, if you want to spend, only the store is open. However, despite the restrictions and the economic downturn, the amount of consumption expenditures did not decrease...
Read moreSMEs are optimistic about the new year despite the pandemic situation
The expectations of the SME sector were not significantly affected by the second wave of the pandemic until November. Based on the fourth quarter results of the K&H SME Confidence...
Read more
Twists in the new warranty order
It may vary in price from store to store, with different warranties. Action may also shorten the warranty period. For online stores and home delivery, the delivery date matters –...
Read moreFidelity: Individual challenges accelerate structural trends
Community distancing, declining store attendance, telecommuting: The Covid-19 pandemic posed a number of challenges to the real estate sector in 2020, and their effects will be felt in 2021, accelerating...
Read moreThis is how the agricultural university works from February
From February 1, 2021, the former Szent István University will continue to operate as a foundation and under a new name, the Hungarian University of Agricultural and Life Sciences –...
Read more
Investor confidence in the euro area returned to pre-crisis levels in January
In January, the euro area investor confidence index of the Sentix Economic Research Institute performed better than expected and for the first time since the coronavirus crisis. Sentix’s investor confidence...
Read more
Amazon support affordable housing with billions of dollars
Amazon is the latest U.S. technology giant to be committed to supporting affordable housing – origo, wrote. The company plans to support the area through a single fund with more...
Read more
USA’s best ads in 2020
With nearly 9,000 ads analyzed in 2020 Ace Metrix has rounded up some of the best creative work from this last year. T-Mobile, Snickers and Capital One topped the rankings...
Read moreA wave of bankruptcy is expected in the second half of the year in Austria
The number of corporate bankruptcies fell in Austria last year due to state aid to deal with the consequences of the crisis, but this year the AKV (Alpenländische Kreditorenverband), the...
Read more
GKI: In December, GKI’S economic sentiment index almost completely offset its November fall
GKI’s economic sentiment index rose sharply in December. It almost reached its October level again, which was much more favourable than the April low, but had been at a fairly...
Read more
Grocers start administering COVID-19 vaccines to selected groups
Grocery chains including Albertsons, H-E-B, Hy-Vee and Walmart have started administering COVID-19 vaccines to high-priority recipients as the food-retailing industry gears up for a large-scale rollout of inoculations against the...
Read more
The 2021 wages at SPAR were born
SPAR Magyarország Kereskedelmi Kft. and the Trade Union of Commercial Employees (KASZ) have agreed on the wage development for 2021. Under the agreement, the 13-month benefit, the SPAR Loyalty Program...
Read moreMLBKT: PMI in December indicates a growth
The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in December last year was 51.1 points the same as in November, ie respondents reported more favorable developments for the...
Read more
Google has revealed what are the most important foods of the Hungarians
In April 2020, Brian Dean partnered with Ahrefs to review 11.8 million Google search results. The conclusions of the research were summarized in observations valid for all three areas of...
Read more
The new image of the Pécsi Premium Radler won the ArtHungry Audience Award!
In the ArtHungry graphics & design competition, the jury sought the best quality domestic works in their respective categories at the end of 2020. Both originality and workmanship made with...
Read more
Twenty billion HUF development at the poultry processor Tranzit group
The Tranzit Group, which deals with the breeding and processing of geese, ducks and chickens, has embarked on a 20 billion HUF investment program, an organic continuation of the recently...
Read more