Company and Personal News
Pig exports jumped
Seven percent fewer cattle, one percent less poultry, and four percent fewer pigs were slaughtered in domestic slaughterhouses in the first quarter of 2019 compared to January-March 2018 – Magyar...
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The rise in earnings was double-digit in March
In March, gross average wages increased by 10.2 percent to 367,000 HUF, compared to a year before – the Central Statistical Office (KSH) announced Thursday. The growth has been double...
Read moreKSH: investment growth accelerated in the first quarter
Investments increased by 26 percent in the first quarter after the 17 percent growth of last year. The strong upswing in investments was primarily driven by the development of enterprises,...
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NKM installs e-chargers at Spar stores
The NKM Mobilitás Kft. has agreed to install and operate 33 e-chargers with the SPAR Magyarország Kereskedelmi Kft. – portfolio.hu wrote. Chargers will be available at 17 stores across the...
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Lidl supports the nutrition of sick children with sixty million forints
Lidl Magyarország, as the official sponsor of the Heim Pál Children’s Hospital Foundation, is committed to improving the quality of child meals. As a result, in the spirit of its...
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Domestic products on the shelves of dm! The dmStart competition has ended!
The dm launched a product competition called dmStart! The aim of the application is to embrace new start-ups in Hungary and offer more exciting, innovative, sustainable products to the shoppers....
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Analysts: increasing employment face increasing constraints
Unemployment has fallen to nadir, but the pace of decline will continue to slow down as the quality of supply is rather low, only the unskilled labor has been left...
Read moreFeldman Zsolt: the preparedness of the wine-making profession is a good basis for the quality renaissance of champagne
The preparedness of the Hungarian wine and champagne professional community provides a good basis for the continuation of the traditional renaissance of traditional champagne – the Minsiter of State of...
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The car buying habits of Hungarians are significantly changing
The great majority of Hungarians would buy a new car from traditional traders in the coming years, but they attach more and more importance to sales-related services – according to...
Read moreWalmart Canada launches Walmart Rewards Mastercard in Quebec
Wal-Mart Canada Corp. (Walmart Canada) announced today the launch of the Walmart Rewards™ Mastercard® in Quebec – a credit card that turns everyday spending into BIG rewards. “The Walmart Rewards Mastercard gives...
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Magazine: Growing importance of modern channels in fruit and vegetable sales
Eszter Kocsis, Nielsen’s retail services senior manager spoke about the results of the company’s fruit and vegetable buying habits survey at the 5th Zsendülés conference in Szeged. She revealed that the...
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The food industry is before the digital revolution
In addition to tourism, construction and logistics, the food industry was also named as an area for the ICT revolution by the Ministry of Innovation and Technology (ITM). Solymár Károly...
Read moreGrowth credit program: at K&H agricultural and food companies are the most active
In the first four months, K&H concluded 17 billion HUF worth NHP fixed loan and leasing contracts with nearly 40 percent already disbursed. The majority of the applicants are rural...
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SPAR starts the barbecue season with Wossala Rozina
SPAR launches this year’s barbecue campaign, hosted by the popular chef presenter, Wossala Rozina. The company is preparing for the barbecue season that lasts from spring to early autumn with...
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ALDI introduces longer opening hours in the major holiday destinations
In order to satisfy the increased customer demands, the ALDI shops near Lake Balaton and Lake Velence and the stores in Hajdúszoboszló are waiting for the tourists and local residents...
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Two executives at Tom Market
The Tom Market Kft. Hungarian grocery network continues to operate under the direction of two executives from March 2019. Ignácz János and Kovács Gábor The company was founded in 2007...
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Zamárdi will be the last ever Red Bull Air Race
This year will be the last season of the Red Bull Air Race World Championship. The last race of the series will be held in Zamárdi. Red Bull announced on...
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KSH: the number of employees has increased
In February-April this year, the average number of employees was 4 million 492 thousand, 47 thousand more than a year before. The employment rate of 15-64 year-olds increased with 1.0...
Read moreAgricultural Research Center: precision technologies in agriculture represent hundreds of billions of reserves
The annual output of Hungarian agriculture can be increased by 300-350 billion forints annually (10-15 percent) by using a wide range of precision technologies – Gyuricza Csaba, Director General of...
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Crepto and Szilvia protect the environment
Crepto and Szilvia are on the shelves again. The well-known brands are led back to the market by teh Magyar Piszke Kft., offering them in environmental packaging and in a...
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100 years of Danone: Company opens access to its historical collection of 1,800 bacterial strains
Through research and innovation and collaboration with international researchers, Danone has over the years built a ferment collection of high genetic diversity French multinational Danone has granted open access to...
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Rapidly expanding German market
According to forecasts, by 2021 the German food market will be worth EUR 259 billion as the sector is expanding by 10.5 percent a year. IGD’s analysis has revealed that...
Read moreStrawberries are expensive
Although the strwberry season started well in the middle of April, the cool weather slowed the ripening of the fruit, and the prices are also higher than usual – Világgazdaság...
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FruitVeB: special attention has to be paid to the protection of vegetables and orchards due to the rainy weather
The amount of rain that has fallen in the previous days has been good for both vegetables and fruits, and helped their growth, but the cool and rainy weather favors...
Read moreMazars: the collection of consumption taxes to be tightened in the CEE region
Consumption-type taxes remain the most important, and therefore their collection to be tightened in the Central and Eastern Europe region, and recovery in Hungary is sufficiently effective – Mazars International...
Read moreThe tobacco product tracking system was put into operation before the EU deadline
Hungary fulfilled its EU tobacco product monitoring obligation before the deadline. The ND National Tobacco Trade Nonprofit Zrt. fully implemented the identification and registration of all actors in the sales...
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Vocational training can be the solution to regional inequalities
Increasing world-wide employment would give room for faster development, but regional disparities deter countries from achieving their goals – according to the recently published OECD study conducted with the assistance...
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The eMAG became Hungary’s largest online store in 2018
The eMAG became the largest webshop in Hungary, followed by Extreme Digital on second and Media Markt on third in 2018 – GKI Digital told MTI on Tuesday. After four...
Read moreThe BB Balatonboglári Borgazdaság Zrt. does not participate in the organization of the vintage festival
After more than 40 years, the dreamer and the denominator of the Balatonboglár Harvest Festival the BB Balatonboglári Borgazdaság Zrt. will not participate in the organization of the vintage festival...
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The NAV seized counterfeit perfumes in a value of forty-five million forints
The National Tax and Customs Office (NAV) seized counterfeit perfumes in a value of forty-five million forints when checking a Slovak truck in Budapest. NAV wrote to MTI on Tuesday...
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