News and articles

Earnings increased by 13.9 percent in November last year due to bonuses

As a result of non-recurring salary items – last November, average gross earnings were 403,500 HUF, 13.9 percent higher than a year before – the Central Statistical Office (KSH) announced...

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Demand for the quality wines of the Varga Winery increased last year

The Varga Winery sold more than ten percent more wine last year than a year before. Within that, premium wine sales rose to fifty percent, with around 800,000 bottles sold...

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The external trade balance remains in surplus

The euro value of exports rose 0.2 percent in November last year, while imports fell 0.3 percent year-on-year. The balance of foreign trade in goods improved by 44 million euros...

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Black mangalica has become a protected, indigenous breed

The black mangalica was recognized by the Ministry of Agriculture in June 2019 as a stand-alone breed, and an amendment to the zootechnical regulation issued at the end of January...

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40 thousand hectares of wetlands have been renewed from more than 20 billion HUF

In the 2014-2020 EU cycle, 40,000 hectares of wetland habitats have been reconstructed in Hungary through 34 projects – the Minister of State of the Ministry of Agriculture said on...

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Winter Specials at the Season Opener WAMP

WAMP offers the winter specials on the 9th of February at the season opening WAMP Design Fair, where the Rozmaring Hungarian Design brand will be introduced for the first time...

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German retail sales were weaker than expected in December

German retail sales underperformed analysts’ expectations in December, year-on-year and month-on-month. The German Federal Bureau of Statistics, Destatis, announced on Friday that retail sales grew 0.8 percent year-over-year in December,...

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Euro area GDP grew less than expected

Euro area’s gross domestic product (GDP) grew less than expected in the fourth quarter, compared with the previous three months. The European Union’s Bureau of Statistics (Eurostat) first released estimates...

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Amazon’s rate is rising sharply thanks to the better-than-expected flash report

Amazon’s stock price has risen sharply after the fourth-quarter report of the company that has outperformed its rivals and became better than analysts’ expectations and forecasts. The stock price of...

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Several large companies operating in China have introduced precautionary measures

A number of international corporations operating in China have introduced precautionary measures to curb the spread of the new coronavirus outbreak, according to reports released by the companies. Facebook has...

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Swiss watch exports increased

Switzerland’s watch exports rose year-on-year in December, partly due to the expanding Chinese demand, as well as being one working day more in the last month of last year, compared...

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The board of directors of Hunguest Hotels was reorganized

Hunguest Hotels board of directors re-established: Jean-Paul Herzog, former chairman of the Hilton hotel group responsible for Middle East and African markets, has become board member of Hunguest Hotels. Gál...

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(HU) Vendéglátás felsőfokon – A beszélgetés vendége Bíró Lajos

Sorry, this entry is only available in HU....

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Hungary’s first touristic job expo

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Mashed potato in a special way – Video of the day

Dalva e Dito serves aligot in São Paulo, Brazil. Aligot is a French dish made from mashed potatoes and cheese, which servers constantly stir so the cheese melts properly....

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Bye-bye sugar: When the goodbye is sweet

In 2018 there was 950 million litres of carbonated soft drink sold in Hungary (including flavoured waters and ice teas), which stands for more than 38 percent of total non-alcoholic...

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Major alcohol companies to introduce age-restriction labels

Liquor giants have pledged on Tuesday to introduce age-restriction labels and enforce tighter controls on online content to help curb underage drinking. Twelve of the major beer, wine and spirits...

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IKEA: New Convenience Service

Ikea has announced it is expanding its home assembly service across 27 sites in the UK in a bid to offer customers a more convenient shopping experience. The Swedish DIY...

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Future Store – This year between 4 and 6 February! Visit us and participate in the guided tour!

In the store of the future we present the different elements of the latest retail trends. We introduce unmanned store solutions, equipment used by both offline and online stores, and...

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Which brands have won with the meatball gate

On Monday, Lidl Hungary is likely to have created a historic post and launched a virality that has become known as the meatball gate. In a nutshell, lots of brands...

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Tesco opens stores at gas stations

Tesco recently opened a shop at a Shell gas station in the 9th district of Budapest, in the Haller Street – origo wrote. Three more stores at gas stations will...

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The Food Bank rescued 11 thousand tonnes of food last year

About 11,000 tonnes of food were saved from destruction and delivered to the needy last year by the Hungarian Food Bank Association – the organization announced on Thursday. As reported,...

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Analysts: further employment growth faces barriers

Labor market expansion is increasingly constrained. Expanding training opportunities and further development of vocational trainings are essential for the continued involvement of the public, the unemployed and the inactive –...

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Ten countries restrict Hungarian poultry exports already

The number of countries that have restricted Hungarian poultry imports due to highly pathogenic avian influenza has continued to rise in recent days – mfor.hu wrote. On 12 January, Nébih...

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The eighth Chocolate Carnival of Pécs awaits the visitors with twenty programs

The eighth Chocolate Carnival of Pécs awaits visitors with edible attractions, a 3D printer made of chocolate, a chocolate fountain, professional presentations, children’s toys, exhibitions and presentations next weekend. The...

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The capital increase proposal of Alföldivíz Zrt. was rejected by the local governments

Alföldvíz Zrt. forecasts a loss of more than 1.7 billion HUF for this year. The local government owned company wanted to resolve this year by raising its equity capital, but...

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Intrum: consumer sentiment has slightly worsened in our continent

Almost half of those surveyed in EU Member States believe that their financial balance has deteriorated and that the future is increasingly uncertain, compared to last year, according to an...

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Apple sold the most smartphones in the fourth quarter

South Korea’s Samsung Electronics Co. retained its leading position in the global smartphone market last year, but Apple Inc. topped the list in the fourth quarter – according to the...

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The economic sentiment in the euro area and the EU improved in January

The euro area economic sentiment rose to a five-month high in January and a seven-month high in the European Union, according to a report released by the European Commission’s Directorate-General...

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The CEO of H&M AB has resigned

The CEO of H&M AB has resigned unexpectedly as part of the renewal of full board membership – origo wrote after Marketwatch. Karl-Johan Persson has been managing the company, founded...

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