Company and Personal News
No new completions on the industrial market in Greater Budapest
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) sets out below its Q2 2019 industrial market snapshot. The second...
Read moreEY: Central and Eastern Europe is becoming more attractive to foreign investors
The world’s second most attractive investment target is Central-Eastern Europe – the EY international consulting firm told MTI on Monday on the basis of the European Attractiveness Survey, which focused...
Read moreBisnode: the number of operating companies is decreasing in Hungary
At the end of the second quarter of 2019, more than eight thousand less companies were operating in Hungary, compared to a year before – according to Bisnode Magyarország Kft....
Read moreHungary is getting closer to the average of the EU in Internet availability
In 2018, 83 percent of the Hungarian households had Internet access and 58 percent of people used their mobile phones to access the Internet – Világgazdaság Online wrote on the...
Read moreThere is a need for young people and conscious consumers in agriculture
We need young people and conscious consumers in agriculture – the Minister of State of the Ministry of Agriculture said in Székesfehérvár. Feldman Zsolt at the press conference of the...
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The logistics real estate market performs well
The logistics real estate market was active in the past period – portfolio.hu wrote. Nearly 5,000 square meters of new warehouse and office space were rented out last month in...
Read moreChinese companies have taken steps to buy US agricultural products
Some Chinese companies have applied for exemption from customs duties on certain agricultural products and interested in US suppliers – the Xinhua Chinese State News Agency announced on Sunday, referring...
Read moreMedvedev: the security of the Russian food supply is essentially ensured
Russia’s food security is essentially guaranteed. The value of exports may reach 45 billion USD in five years – Russian Prime Minister Dmitry Medvedev said at a meeting in Lipetsk,...
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Many people are paying this way at Lake Balaton and save a lot
According to the latest Mastercard data, the number of card payment transactions on ships and ticket offices at Balaton has continued to increase – penzcentrum.hu wrote. Not only do cardholders...
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Non-EU countries also show great interest in Hungarian agri-food products
With regard to the International Grüne Woche, our magazine asked Zsanett Oláh, CEO of the Hungarian National Trading House (MNKH) to talk about the export opportunities of Hungary’s agri-food sector....
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(HU) GKI: Hetedik hónapja romlanak az üzleti várakozások
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Milk Product Council: the price of dairy products may rise
The price of raw milk and processed dairy products may increase due to the decreasing volume of raw milk and the increase in production costs and due to inflation and...
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Lavazza has chosen Orbico Hungary as its new distributor in Hungary
The Italian Lavazza and Orbico Hungary Kft. signed a cooperation agreement, so from November 1, 2019 Orbico Hungary is the new distributor of Lavazza in Hungary. The contract applies to...
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This year’s harvest will be weak and the price of apples will rise
Due to extreme weather this year, 450,000 tons of apple production is expected, which is half of last year’s figure and 25 percent lower than the ten-year average yield, so...
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Nestlé invents the first 70% dark chocolate made entirely from the cocoa fruit and nothing else
Nestlé has announced it has created a unique chocolate made entirely from the cocoa fruit, using the beans and pulp as the only ingredients and therefore not adding any refined...
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The latest production line was delivered by HELL ENERGY
A new production line was added to the HELL ENERGY-owned factory in Sicily, which enabled the complex to increase its capacity from 4.5 million boxes to 7 million daily. The...
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The Szentkirályi Fair Play Award was awarded to the Hungarian Student Association of Kolozsvár
For the first time, the Szentkirályi Fair Play Award was awarded for the exemplary sportsmanship of the Hungarian Student Association of Kolozsvár at the Campus Sports Festival in Debrecen. The...
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The Chamber Working Group assists in spreading site-specific management
Within the National Agricultural Chamber (NAK), the Digital Information Service Providers and Technology Developers and Innovation Working Group was established. The council wants to provide quality support to the farmers,...
Read moreThe world’s largest brewer sold its Australian interest
AB InBev announces that the company will sell its Australian interest to the Japanese Asahi – portfolio.hu wrote. Anheuser-Busch InBev (AB InBev) announced that it will sell the Carlton &...
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Edible dishes from apples
Russian scientists made disposable edible pots from apples – Index wrote after MTI. Biotechnologists at the State Technical University in Samara have begun to develop edible film that can help...
Read moreConsumer sentiment has improved less than expected in the United States in July
According to the regular monthly survey of the Michigan University, the consumer sentiment has improved less than expected in the United States in July. According to preliminary data released on...
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KSH: fewer employees in tourism but better wages last year
Last year the businesses in the accommodation and hospitality sector employed 180,000 employees, 4.9 percent percent less people, compared to the previous year. The average earnings of employees increased by...
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Government pays attention to what retailers are saying
On Europe’s Day in Commerce Minister for National Economy Mihály Varga told: retail is one of the most important sectors of the economy and it also plays a vital role...
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Lidl’s expansion in Romania
Lidl has announced that they will open 10-15 new stores a year in Romania. The goal is to add another 100 to the currently 200-store network – Lidl Romania managing...
Read more(HU) Elindult a SuperStore 2019 Közönségdíj verseny – Szavazzon kedvenc üzletére a Trade magazin Facebook oldalán!
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The Hungarian Competition Authority proposes to encourage bank card acceptance
The Competition Authority (GVH) did not reveal any market disruption in the market for credit card acceptance, which would trigger the initiation of a competition supervision procedure, but suggested measures...
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Canned wine is becoming more and more popular
Primarily due to its portability and small size, canned wine has widespread, which is not only more convenient than carrying the glassy version, but is also considered by many to...
Read moreThe average wheat yield is over six tonnes in Tolna County
The average yield per hectare in Tolna County is more than six tonnes. About two-third of the harvest is high quality – according to the National Chamber of Agriculture (NAK)....
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How would an art deco poster look like in 2019?
Graphic artists, and hobby artists are asked by the 165-year-old Dreher Brewers to re-dream the iconic posters of the brand from the first half of the 20th century. Anyone who...
Read moreCustomer experience is worth more than financial indicators
Improving customer experience can become the main driver of business growth – technokrata.hu wrote. According to a global research, companies that prioritize improving customer experience are more successful than companies...
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