Events
Companies with billion HUF revenues are deleted weekly
Although the vast majority of the deleted companies are micro-enterprises, we should not forget about the terminated large companies, that have a small number, but play more significant role in...
Read moreVincent’s Day wine competition and wine tour in Somlószőlős
On the last Saturday in January, Vincent’s Day traditions will be revived on the Somló Hill. Saint Vincent is the patron saint of winemakers. On the occasion of Vincent’s Day...
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Only the plastic card is the valid ID card
The primary producers need to replace their paper IDs with plastic cards. From January, the new cards will be valid only. The National Agricultural Chamber considers the replacement of the...
Read moreRetail sales in the USA increased less-than-expected
A less-than-expected increase occured in retail sales in December in the United States – according to the report of the U.S. Census Bureau released on Friday. In December, the seasonally...
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The price of eggs may increase because of the avian influenza
The domestic producers raise the price of eggs because of the bird flu since supply is becoming tighter in the market. Végh László, President of the Hungarian Laying Hen Hybrid...
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Fazekas Sándor: it is important to provide cheaper access to basic foods
It is important that the people to have cheaper access to basic food products as well as to buy more Hungarian products; This is high priority in the government’s taxation...
Read moreBusinesses are optimistic in 2017
The expectations of the companies are on historic peak. After the tax and contribution reduction plan the K&H SME confidence index reached its highest result of the past 12 years....
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The government decided to support the Széchenyi Card Program further
A decision was taken to further support certain constructions of the Széchenyi Card Program – according to the government’s decision published on Wednesday in the Official Gazette. The decision includes...
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Bocuse d’Or: the Tokaji wine also plays a role in the Hungarian team’s foods
Tokaji wine, Tokaj vinegar and walnut will also be included in the Hungarian team’s plate elements at the world finals of the Bocuse d’Or international cook competition on 24 -25...
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Euro area’s business confidence is on a five and a half year high
BCI (Business Climate Indicator) increased with a considerable extent by 0.38 points, to 0.79 points, which is the highest value of the past five and a half years in the...
Read moreRetail sales grew further in the Czech Republic
Retail sales in the Czech Republic increased by 7.9 percent last November, compared to a year before. In October, the growth was 2.0 percent – the Czech Statistical Office announced...
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CES 2017 Catapults a Connected World
CES® 2017, the 50th anniversary of the largest global gathering of innovation and connectivity, concluded today, introducing ground-breaking products, providing opportunities for companies in every major global industry to conduct...
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Low grape prices in wine regions
After this year’s grape harvest growers are complaining about low prices: in many wine regions grapes are purchased from growers at last year’s prices. For instance in the Sopron region...
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A record year in Hungarian foreign trade
The Hungarian foreign trade closed a record year in 2016 in all respects – Szijjártó Péter Foreign Economic Relations and Foreign Minister stressed. In response to the January-November 2016 foreign...
Read moreThe agricultural enterprises train their employees more and more consciously
The National Agricultural Chamber (NAK) and the Agricultural Research Institute (AKI) carried out the complex agricultural and food labor market survey of with the participation of one thousand businesses. According...
Read moreThe competitiveness of agriculture also depends on vocational training
The competitiveness of Hungarian agriculture depends mainly on the professional skills of the sector, the lack of professionals and the quality of education – emphasized the Minister of Agriculture on...
Read moreAnalysts: the growth of retail sales may accelerate further
Analysts told MTI that they expect a further increase in retail sales, due to the significant increase in real wages and employment growth. According to the first estimates of the...
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The domestic commercial real estate investments exceeded 1.7 billion euros last year
The volume of commercial real estate investment transactions amounted 270 million euros in the last quarter of 2016, so last year real estate purchases were implemented a value of more...
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Wines from Tokaj and Eger won the Hungarian Wine Writers’ Award
The 2013 vintage Szent Tamás Furmint of the Szent Tamás Vineyards and Winery from Tokaj and the 2012 Bull’s Blood Grand Superior of the Thummerer Cellar from Eger won the...
Read moreThe corporate world became more compact in 2016
46 thousand companies were founded and 26 thousand companies were deleted in 2016. In terms of the number of companies the company structure continues to shrink for the third year....
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The number of Hungarian ewes is reducing for four years
The number of Hungarian ewes is reducing. The trend is lasting since 2012, and during that time about sixty thousand ewes fell off the register – Kukovics Sándor, Managing Director...
Read moreDomestic commodities trading in Hungary can grow by nearly 4 percent in 2017
In 2017, the volume of domestic commodities trading can be 3.8 percent higher than last year’s data in a year-on-year comparision. With a 4.4 percent increase in imports, export growth...
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Sunflower exports expanded, wheat exports fell
The export value of agricultural and food products reached 5887 million euros, while the value of imports amounted to 3764 million euros in the first three quarters of 2016, so...
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Retail sales decreased in Europe
Retail sales in the euro zone and in the European Union decreased in November, compared to the previous month – according to Eurostat. In November 2016, retail sales in the...
Read moreThe Slovak Government plans to extend the opening hours of shops
The Slovak Government plans to extend the ban on shops’ opening hours for all public holidays – Ján Richter work, family and social affairs minister said – the Hospodárské Noviny...
Read moreRomanian retail increased further
Romanian retail sales volume increased by more than 14 percent in the first eleven months of last year, compared to the same period of 2015 the Romanian national statistical institute...
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Useful and practical promotional gifts
Absolut Gift’s experience is that companies try to spend their gift budget in a well-planned manner. They tend to choose small products in large numbers, which are easy to put...
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Hostess services market: higher expectations
High-level services and transparent operation. This is the reason why they have customers that plan for the long term and have high expectations, because they say that shoppers identify the...
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Better-than-average trends
In the first three quarters of the year 200m² and smaller shops had a 27-percent share in the retail value sales of grocery categories audited by Nielsen. However, from candy...
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Sales remain concentrated
Cream retail sales were realised in the value of HUF 7 billion in January-September 2016. Like-for-like value sales rose 3 percent and volume sales got 4 percent better. Cream sales...
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