Events
In trade everyone must pay a food safety supervision fee
The food safety supervision fee’s 0 percent band to be ceased, so in the future everyone must pay a food safety supervision fee in trade – due to EU complaints....
Read more
The Nébih to test the Christmas seasonal foods
The National Food Chain Safety Office (Nébih) organizes a series of seasonal inspection before the Christmas holidays. The investigations will affect seasonal products, connected to the Christmas holidays and the...
Read moreNegotiations about the simplification of the Common Agricultural Policy
The EU Agriculture and Fisheries Council negotiated in Brussels about the simplification of the Common Agricultural Policy and about the significant reduction in the relevant legislations. Czerván György Minister of...
Read more
GDP growth slowed in the euro area
The growth rate of gross domestic product (GDP) decreased in the euro area, while in the EU did not change in in the third quarter, compared with the previous three...
Read more
Container distribution centre to be built in Csepel
In April logistics company METRANS Kft. announced building their Budapest-Csepel terminal, which will open in 2017 and employ 200 people. On 22 October Minister of Foreign Affairs and Trade Péter...
Read more
New ways in marketing
According to a joint survey by IBM and CMO Club, large companies’ marketing activity has entered a new era: the emphasis is shifting from acquiring customers to keeping them, adopting...
Read more
Grand Prix for DanOn
DanOn programme was rewarded in the CRM and e-CRM categories at the consumer marketing Grand Prix of French magazine Stratégies. Danone first launched its international CRM programme in Hungary, creating...
Read more
Nielsen: Hungary’s food retail sales increase continues to be on podium
Hungary is on podium again in the ranking of the European food retail growth. In Hungary, the retail revenue rose by 5.8 percent from foodstuff and household chemical products in...
Read moreAnalysts: the slowdown in growth is appropriate to the expectations
The slowdown in economic growth in the third quarter is appropriate to the expectations – according to analysts polled by MTI, who expect a growth below 3 percent throughout the...
Read more
Russian economic relations are changing
There is still a possibility of delivering Hungarian products to the Russian market, but compared to the period before the embargo Hungary should focus on other sectors – Ducsai-Oláh Zsanett,...
Read moreGfK: slowing the growth of long-term technical goods market
The sales of durable technical goods increased by 3.0 percent in this year's third quarter compared to the same period of the last year in Hungary. The total turnover amounted...
Read more
Consumer prices rose in the euro zone and stagnated in the EU
According to the data, the EU’s harmonized index of consumer prices (HICP) in the euro area was 0.1 percent in October after the 0.1 percent decline of September in an...
Read more
Jackfruit pálinka at the model farm in Uganda
A Hungarian business delegation is negotiating in Kampala of the possibilities of economic cooperation between Hungary and Uganda – globoport.hu wrote. After the successful negotiations it became apparent that the...
Read moreA weapon was found at an illegal distillery
The finance guards of the National Tax and Customs Administration (NAV) found a home-modified weapon and ammunition in an illegal distillery in Miskolc. When the raid happened the owner was...
Read more
Price war continues in the UK
In October Lidl and Aldi improved sales by 18 percent in the United Kingdom. Both Tesco and Asda lost market share against their German competitors in the past quarter. According...
Read moreKSH: GDP grew by 2.3 percent in the third quarter
Hungary's gross domestic product (GDP) grew by 2.3 percent in the third quarter compared to the same period of the previous year – based on an initial estimate by the...
Read more
Tenders for the development of the fruit and vegetable sector to appear soon
In the following months, several proposals will be published to support improvements in the fruit and vegetable sector. In the applications, in addition to the individual farmers, producer marketing organizations...
Read moreNGM: the slowdown in growth is due to the weaker performance of agriculture this year
The slowdown in GDP growth is due to the weaker agricultural performance this year, compared with last year, which is the result of the droughty summer and previous year's high...
Read moreAccording to a survey the domestic online B2B trade is expanding more and more rapidly
The domestic online B2B (business to business) trade is expanding more and more rapidly in Hungary. Betwen 2013 to 2015 the annual average of proposals increased by nearly 10 percent,...
Read more
The transit time of packages can be even fifty days during the Christmas season
The transit time of packages can be even fifty days during the Christmas period. The National Tax and Customs Administration (NAV) and the Magyar Posta (Hungarian Post) wrote in a...
Read moreInternetKon: building out free wifi and VAT rate cut was proposed to the government
On the basis of the national consultations on the Internet (InternetKon), the Internet users proposed the reducing of VAT on Internet to 18 percent and free wi-fi service at all...
Read more
Foreign trade surplus of the euro zone increased in September
According to the first estimate released by Eurostat, the European Union’s (EU) statistical office, eurozone’s trade surplus increased in September. The surplus in goods trade was 20.5 billion euros (22...
Read more
One in twenty founding companies will be successful
Tens of thousands companies are established by domestic entrepreneurs every year in Hungary, but almost forty percent of them proves to be short-lived, and only every twentieth will produce acceptable...
Read more
Bakers baking for people in need
On 16 October the Hungarian Baker Association organised its World Bread Day event for the 15th time. Many bakeries all over Hungary were distributing bread and other baked goods to...
Read more
New survey on trademarks
‘HUNGARIAN PRODUCT’ Nonprofit Kft. organised a partners meeting to share the results of their latest consumer survey. Managing director Attila Kecskeméti underlined that 80 percent of respondents buy products made...
Read more
The old fee returns
Hungary’s government decided against the new food chain supervision fee and this means that the former 0.1-percent fee returns – reported portfolio.hu. Shops with a smaller turnover mightn’t be happy...
Read more
Sweetener is most accepted as a soft drink ingredient
A survey conducted on sweeteners by Szinapszis this summer found that the proportion of conscious buyers increased in the soft drink, fruit juice, confectionery and fruit product categories, in terms...
Read more
Magazine: Skin care matters even more in cold weather
Women’s skin care is a category that full of challenges, because the market of widely used products is in stagnation. Economic recession made the category suffer, as body care isn’t...
Read more
The impact of the Black Friday and the Sunday store closure on domestic e-commerce
The Christmas season begins with the Black Friday in e-commerce, while despite the Sunday store closure we still not buy more online – according to the joint Online Retail Index...
Read more
Cofidis: the Hungarian households intend to spend an average of 43 thousand HUF for Christmas expenditure
The Hungarian households intend to spend an average of 43 thousand HUF for Christmas expenditure this year, of which 29 thousand HUF is planned to be spent on gifts, only...
Read more