Events

Wine Festival in Szeged from Friday

The 23rd edition of the Szeged Wine Festival begins on Friday. During the series of events celebratuing the Day of Szeged and the Szeged Wine Festival include a total of...

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The mood of investors is nearly on a 10-year peak

Investor sentiment in the euro area rose to its almost 10-year high in the euro area in May after the significant improvement in April. In May, the investor mood index...

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IDC: the world market turnover of tablet PCs continued to fall

The worldwide tablet market declined for a tenth straight quarter on a year-over-year basis last quarter, according to IDC. The market research firm estimates tablet shipments totaled only 36.2 million...

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Oral care category gains momentum

Combined sales of toothpaste, toothbrush, mouth wash and electric toothbrush exceeded HUF 23 billion last year – they were worth 5 percent more than in 2015. TOOTHPASTE: last year toothpaste...

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Unproportionate fines on the motorway

The Court of Justice of the European Union (CJEU) ruled that the Hungarian regulation for punishing those who miss road toll payment is against EU law (Eurovignette directive). Two Hungarian...

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Sales increase in both value and volume

Annual deodorant sales are just below HUF 18 billion. Both value and volume sales increased by 3 percent in the February 2016 and January 2017 period. Sales are very much...

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Growth in retail sales may accelerate in the coming months

Growth in retail sales may continue to accelerate in the coming months – according to analysts interviewed by MTI. According to the first estimate released by the Central Statistical Office...

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The MLE and the MTE are protesting against the increase of advertising tax

The position of the Association of Hungarian Newspaper Publishers and the Association of Hungarian Content Providers is unchanged, and again we express our serious concerns about the expected effects of...

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FM: The sheep and goat sector performed well in recent years

The sheep and goat sector performed well in recent years and its production increased by 11 percent in volume between 2010 and 2015, rising by almost 50 percent at current...

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A new grain strategy has been formulated by professionals

The further expansion of the Russian and Ukrainian production, which already dominates the cereals market, threatens the export markets of domestic farmers. In order to preserve their traditional markets and...

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A coffee show in Gyenesdiás

After the Ice-cream of Lake Balaton, the organizers would like to find the Cofee of Lake Balaton within the Balaton Barista Championship in Gyenesdiás, paying more attention to coffee after...

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MNKH: the cross-border export academy continues this year

The Hungarian National Trading House’s (MNKH) cross-border training program series – that aim to provide professional training for the Hungarian entrepreneurs accross the border – has arrived to a new...

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Moody’s: the slowdown in productivity growth is one of the major global growth risks

The persistent decline in labor productivity growth, one of the key drivers of overall economic performance, corporate profitability and the government tax base, remains among the most significant risks to...

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This year the industry can be the engine of job creation

According to K&H’s latest SME confidence index, the majority of Hungarian businesses plan to continue working with the same number of employees in the next 12 months. Viktor Zoltán Kovács,...

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Number of companies dropped to the 2009 level in Hungary

In the first quarter of 2017 10,358 companies were deleted and only 6,600 new ones were started. Due to this, the number of businesses went below 540,000 in Hungary. Richárd...

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No change in sales concentration

COOKING OIL sales exceeded HUF 30 billion in the February 2016-January 2017 period. Value sales grew by 6 percent but volume sales dropped 2 percent. There was no change in...

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Magazine: Familiar Flavours Reloaded!

Do you wish to eat something that can be prepared quickly, fits into a balanced diet and is tasty? We have good news for you: MAGGI Familiar Flavours Reloaded products...

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KSH: retail sales grew in March

According to the raw data, the turnover of retail stores increased by 3.6 percent In March, compared to the same period of last year. Calendar effect adjusted the turnover of...

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Professional organizations are asking for the termination of the advertising tax

According to the Hungarian Advertising Association (MRSZ) and its affiliates, the advertising tax should be terminated immediately and they reject the intention of the government to maintain advertising tax, as...

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The 2017-2021 convergence program expects a vigorous economic growth

After a successful crisis management period, one of the main goals of the government’s economic policy is to increase the country’s competitiveness, which, in addition to stimulating the economy, will...

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FM: about 40,000 hectares are affected by frost damage

Due to the extreme weather and the great cold, some 40,000 hectares were hit by frost damage, the producers are facing a difficult year – Fazekas Sándor, Minister of Agriculture...

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Organic Island and Organic Market at the 78th OMÉK

The organic farmers and the professional organizations present the best of the Hungarian soil at the 78th National Agricultural and Food Exhibition and Fair (OMÉK) with a more uniform and...

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EU retail sales declined

Monthly retail sales declined in March in the European Union, but increased in the euro area. The EU’s statistical office (Eurostat) on Thursday announced that according to seasonally adjusted data,...

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More than two thousand competitors are awaited for the semi-marathon of the Szekszárd wine region

More than two thousand participants are awaited for the 8th Tolle semi-marathon to Szekszárd on Saturday. The semi-marathon starts on Saturday, at 2 pm, from the King Béla Square, which...

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Food trucks paradefor Street food places

Food trucks paraded for Street food places in the downtown Budapest on Thursday. The chairman of the Hungarian Street Food Association, the organizer of the parade, said that no any...

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Jó rajtot vett a román kiskereskedelem

Az első negyedévben 6,9 százalékkal nőtt a román kiskereskedelmi forgalom volumene a tavalyi azonos időszakhoz mérten – közölte  a román országos statisztikai intézet. A szezonális és naptárhatással kiigazított érték szerint...

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GKI: Inflation is speeding up, external and internal balance to worsen a little

Last year the Hungarian GDP growth was 2 percent, just as GKI predicted it would be – less than the 2.5 percent targeted by the government and the 2.8 percent...

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Takarék Csoport: investment mood in agriculture continues to be strong

Although the number of worries has increased in agriculture due to the trend in profitability, the investment climate is still strong: most of the farmers are still planning to increase...

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The new AMC applications have been announced: up to 50 percent support is available

From today, foundations, associations, and inter-branch organizations promoting the products of the Hungarian food economy and representing the agricultural sector can apply for 90 million HUF non-refundable subsidies in 3...

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KSH: exports increased by 5.5 and imports increased by 7.5 percent in February

In February, the value of exports in euro increased by 5.5 and imports increased by 7.5 percent, compared to the previous year. The surplus of exports fell by 86 million...

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