Other
The new list is out: Hungary’s TOP RETAILERS 2014
It is June once again so the new ranking – which is based on last year’s performance – of FMCG retailers is being published. Trade magazin, Hungary’s market leader b2b...
Read moreKSH: 0.5 percent inflation, food prices increased by more than 1 percent
In May, consumer prices were an average 0.5 percent higher than a year before. Compared to April consumer prices rose by 0.7 percent – the Central Statistical Office (KSH) reported...
Read moreThe holidays can cause problems for the shops near the Lake Balaton
There was no commercial chaos during the first Sunday of the real summer weekend at the Lake Balaton – shopkeepers and advocacy organizations near the lake told Világgazdaság. The question...
Read moreThe MNB Increases the security of internet payments
As the internet payments are increasing significantly, the Hungarian National Bank considers it important to increase the security. The Hungarian National Bank (MNB) has started the transposition of the relevant...
Read moreAnalysts were surprised by the rise in consumer prices
Analysts interviewed by MTI called it surprising that the consumer price index in May became positive in Hungary. According to the K&H Bank and the Savings Bank (Takarékbank) the average...
Read moreOpten: the rising trend of company terminations is broken
Compared with April, almost 400 fewer companies, a total of 4245 companies were terminated in the Hungarian economy in May, breaking the trend of increasing company terminations – according to...
Read more
The GDP of the EU and the Euro Zone grew by 0.4 percent in the first quarter
The seasonally adjusted gross domestic product (GDP) both rose by 0.4 percent in the European Union's 28 member states and in the Euro Zone’s 19 countries in the first quarter,...
Read more
Manpower: the Hungarian employers plan workforce expansion
The recruitment mood of the the Hungarian employers has dropped, compared to the previous quarter. According to the latest Manpower prediction, 11 percent of the companies are planning workforce expansion...
Read more
Winemakers have to prepare for the impacts of the climate change
Áder János President stressed the importance of preparing for the effects of the climate change on Tuesday in Villány. Áder János President (r) is talking with Bock József, winemaker and...
Read more
Wine and marijuana pairings in Denver
From now tasting marijuana with wine is also possible in the US – agrarszektor.hu wrote, after borravalo.hu. The owner of a winery in Denver believes that some forms of cannabis...
Read more
One fifth of SMEs plan to recruit new employees
A survey conducted by GfK Hungária for Budapest Bank found that 80 percent of Hungarian SMEs’ managing directors believe there is huge potential in their enterprises. 30 percent of small...
Read more
After virtual stores Google opens physical ones
On 12 March Google announced the opening of physical stores. The new concept premiered in Currys PC World on Tottenham Court Road in London. Smartphones, tablet computers, Chrombook laptops, Chromcast...
Read more
Communication
Communication is important in every field of life and finding a partner is no exception. I have had a 40-year-old client called Kálmán, a handsome and confident businessmen. He met...
Read more
KSH: the export surplus in the first quarter is above three billion euros
In the first four months of the year, teh trade surplus was 3.020 billion euros, 552 million more than in the same period of last year. In January-April, exports increased...
Read more
Analysts: favorable outlook for foreign trade
According to analysts interviewed by MTI, the dynamics of foreign trade remains favorable. According to the first estimate of the Central Statistical Office (KSH) released on Monday, the value of...
Read moreThousands of tourists complaining due to the Sunday store closure at the Lake Balaton
Chaotic conditions occured on the first Sunday of the Hot Summer Season at the Lake Balaton: thousands of angry tourists were in fret, because of the closed shops – the...
Read more
Hungarian Food Bank Association: 100 kilos of food is thrown out per household per year
In Hungary an average of 100 kilogrammes of food is thrown out each year per household – the president of the Hungarian Food Bank Association told M1 news channel on...
Read more
The Purchasing Manager Index keeps growing
In March the seasonally adjusted value of the Purchasing Manager Index was 55.6 points – informed the Hungarian Association of Logistics, Purchasing and Inventory Management (MLBKT). This data indicates that...
Read moreBuy and get healthy!
On 11 March there was a special press event in the health centre built on the second floor of the Príma Gourmet House in Pesthidegkút: the launch of CBA’s new...
Read more
Well-oiled, health-conscious trends
The cooking oil market is rather price-driven as fluctuating ingredient prices and currency exchange rates influence consumer prices very much. For instance volume sales have grown recently but the average...
Read more
Changes in the advertising tax: a new rate is introduced
On 27 May 2015 the draft legislation for amending the Advertisement Tax Act was given a green light: the amendment introduces a 5.3-percent tax rate above a HUF 100-million tax...
Read more
IT solutions in retail: they can do it all
Numerous new technological solutions are available to FMCG companies. Éva Kozma, commercial director of Szintézis Zrt. informed our magazine that 2014 was all about online cash registers. She thinks that...
Read more
High-tech store technology
László Körmöczi, the managing director of Carrier Retail Cooling Technology is of the opinion that online shopping, ‘drive-through’ and the so-called pick pack points all pose a challenge to traditional...
Read more
HEINEKEN Hungária is ready for the season
HEINEKEN Hungária beers are preparing for the season with many surprises. Sales director Gheorghe-Sever Andresz and marketing and trade marketing director Jan-Willem Van Wensem talked to our magazine about new...
Read moreKSH: the Hungarian economy grew faster in the first quarter than predicted
In the first quarter, Hungary's gross domestic product (GDP) increased by 3.5 percent, and was 0.8 percent higher than in the previous quarter – Central Statistical Office (KSH) reported in...
Read moreThe government supports the construction of the family farms’ grain storages
The government supports the construction of grain storages at small and medium-sized family farms, because the government wants to reduce their exposure to the market – Kis Miklós Zsolt, Minister...
Read more
ECJ: the food packaging cannot refer to a component that is not in the product
If a product’s package indicates the presence of ingredients that are not included in the product can be deceive to consumers, but it just turns out from the detailed list...
Read more
Garden in the city: the Picnic Garden of the bloggers has debuted
Four popular bloggers, gastronomy and lifestyle experts presented their joint vegetable garden in the organic garden of the Corvinus University’s arboretum. The Picnic Garden draws attention to the values of...
Read more
Protective tariff was introduced for milk and milk products in Serbia
The Serbian government has introduced a protective tariff on milk and milk products. The 10-30 dinar (26-78 HUF) levy would protect the Serbian producers – the Vecernje Novosti Belgrade newspaper...
Read more