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L’Oréal growth despite the market uncertainty
Despite the slow growth in Western Europe L’Oréal’s sales expanded by 14 percent in Q1 2015. Sales amounted to EUR 6.44 billion. Luxury products and active cosmetics were the driving...
Read moreKSH: exports grew and imports declined in May
The euro-denominated value of exports increased by 2.5 percent in May, while imports were 0.7 percent lower than in May 2014 – the first estimate of the Central Statistical Office...
Read moreThe Ministry of National Economy does not expect serious inflation
The consumer price trend is in line with the estimate of the Ministry of National Economy (NGM). The Ministry does not expect serious inflation in the rest of the year....
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Analysts: foreign trade continues to perform at a high level
The Hungarian foreign trade continued to perform at a high level, the dynamics of growth in the longer term will depend on the evolution of export capacities – according to...
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MNB: the NHP contributed to Hungary's GDP growth with more than 1 percent
The NHP is the growth credit program of the National Bank of Hungary (MNB). The NHP is supporting micro, small and medium-sized companies to access credit, to expand investments and...
Read moreHopefully there will not be yield losses in case of corn
Hopefully there will be yield losses in case of corn as heat has stopped – the president of the National Association of Grain Producers (GOSZ) told MTI on Thursday. Vancsura...
Read moreThe growth of the Czech retail sales continued in May
The data of the retail index indicated an annual increase of 5.4 percent after the 6 percent of April – the Czech Statistical Office (CSU) announced in Prague on Tuesday....
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Children posters to raise awareness to road safety
The Mercedes-Benz factory in Kecskemét announced a road safety poster competition within the company’s MobileKids Program. The best works were exhibited in the town at 10 busy points to drawn...
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Forbes Top 2,000 global companies
On 6 May Forbes published its latest ranking of the world’s biggest companies. Instead of the former 3 now we find 4 Chinese banks at the top of the list....
Read moreThe Kopint- Tárki expects a 3.2 percent growth and 0.5 percent inflation
The Kopint-Tárki Konjunktúrakutató Intézet Zrt. business climate research institute is expecting a 3.2 percent GDP growth and 0.5 percent inflation in its latest projection. Palócz Éva, chief executive of Kopint-Tárki...
Read moreThe price of food and alcoholic beverages have risen
In June, consumer prices were on average 0.6 percent higher than a year earlier, while compared with May consumer prices rose by 0.2 percent – the Central Statistical Office (KSH)...
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If summer, then melon: the melon season has started without scandals
If summer, then melon: if melon, then melon campaign. The Agricultural Marketing Directorate of the Hungarian National Tourist Office launched a promotional campaign again this year to promote fresh, domestic...
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The dairy market is constantly changing
In the final, 2014/2015. milk quota year (1 April 2014 to 31 March 2015), the purchase of dairy products increased by three percent in the EU, compared to the previous...
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The new catering system helps the parents
The new catering system coming into force from the autumn helps families living in difficult financial circumstances and parents fostering children as well – Rétvári Bence, Parliamentary Minister of State...
Read moreTo realise the opportunity
The people who turn to me for advice can usually realise the opportunities in business but they tend to not notice them when they manifest in their private life. In...
Read moreGfK: Consumer expectations improved in the second quarter
The consumer expectations improved and the propensity to buy index also increased in the second quarter in Hungary – the GfK Hungária told MTI on Tuesday. The GfK Compley Consumer...
Read moreThe MSZP has re-submitted its referendum initiative
The Socialist Party (MSZP) re-submitted its referendum on the termination of the Sunday Store Closure initiative unchanged on Tuesday to the National Election Office (NVI). The step of the Socialists...
Read moreAccording to the Association of Hungarian Brewers, a significant increase in demand to occur for beer
Because of the heat, the demand for beer can increase significantly this summer – according to the Association of Hungarian Brewers. The organization in its Tuesday statement describes that last...
Read moreHarvest started in Tolna County with a six-ton average yield
According to the data of the National Association of Agricultural Economics (NAK) after the harvest of the ten percent of the sown area of the winter wheat in Tolna county,...
Read moreThe results of Hungarian researchers promotes the development of cheaper and more reliable Internet
The researchers of the Hungarian Academy of Sciences and Budapest University of Technology and Economics promotes the development of cheaper and more reliable Internet. The researchers published their findings in...
Read moreThe volume of retail sales in Romania increased by four percent
The volume of Romanian retail sales increased by 4 percent in the first five months of the year, compared to the same period of last year – the Romanian National...
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NFH: almost all of the swimsuit have passed the tests
The National Consumer Protection Authority (NFH) tested swimsuits this year for the first time. The professionals did not find swimsuits containing dangerous substances,only one product had misleading information written on...
Read moreNGM: savings and consumption are expanding in long-terms
Balogh László, Deputy Minister of State of the Ministry of National Economy (NGM), responsible for Finance Policy told that savings and consumption turned into the right direction in Hungary, their...
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The Dairy Product Board calls for tighter regulatory controls
The Dairy Product Board Interprofessional Organization and Marketing Board calls for stricter official controls in order to protect the Hungarian dairy sector’s participants – Hartz Zoltán, executive director of the...
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KSH: imports grew faster than exports in April
The value of exports calculated in euros increased by 8.8 percent in April, while the value of imports increased by 9.7 percent. The export surplus was 497 million euros, 16...
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OKI: you should pay attention to the proper storage of foods
You should pay attention to the proper storage of foods in the heat, because there are bacteria that like warm – Páldy Anna, Deputy Director General of the National Environmental...
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The leaders of one hundred and fifty Hungarian SMEs discussed with companies in Serbia
The Hungarian-Serbian business forum was surrounded by a high interest. It was organized by the Hungarian National Trading House. At the event, took place with the participation of 150 Hungarian...
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The wine regions of Burgundy and Champagne were added to the list of UNESCO
The United Nations Educational, Scientific and Cultural Organization's (UNESCO) competent committee declared the Burgundy wine region as well as the cellars of the Champagne region as World Heritage at a...
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