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Brad’s Drink: naming your company Company mentor 

Brad’s Drink: naming your company

If you’re starting a business, choosing your company name can be one of the most important decisions that you’ll need to consider. After all, it’s the first thing your customers will see. It’ll give that first impression of your company, and you’re stuck with it forever. Or, are you? Changing your company name can sometimes have significant business benefits. Like... Read More
A twin brother’s vacation in Hawaii brought millions of business ideas Company mentor 

A twin brother’s vacation in Hawaii brought millions of business ideas

During their college years, Kiersten and Krista Gormeley spent seven months in Hawaii’s small town of Hilo, Hawaii, where they learned the cheapest way to use raw foods and fruits – later, they founded a million businesses in their home in New Jersey. When they came to Kiersten and Krista Hawaii, they had a total of $ 90 ($ 25,000)... Read More
With this application, you can avoid the billion-pound fine Company mentor 

With this application, you can avoid the billion-pound fine

2018 is also the year of GDPR, but 89 percent of Hungarian SMEs, according to their own, almost know nothing about the statutory mandate and the conditions for compliance. Hungarian Simplexxy is trying to help with its online, stand-alone software called Adatsólyom, which explores the data protection shortcomings of your business or organization with 600 issues, 58 areas, and tells... Read More
Pleschinger: lending in Hungary started again Company mentor 

Pleschinger: lending in Hungary started again

Lending started again in Hungary, annual growth of 5-10 per cent in corporate lending and annual growth of 3 per cent in retail loans was sustained, said Gyula Pleschinger, member of the Monetary Council on Sunday’s Kossuth Radio’s Sunday Newspaper. He recalled that after the crisis there was a huge downturn in lending, banks tightened, so practically stopped lending. Since... Read More
Startups that are still home but abroad are proliferating Company mentor 

Startups that are still home but abroad are proliferating

Hrportál.hu collected four emerging startups from Startup Safary, who reported a different trend. So far, it was a well-established model that they are leaving in Budapest, but they open up offices around the world and expand internationally. Now it was revealed that there is only a startup sales system operating in Budapest, but it is globally available. The conversation was... Read More
2.5 billion forints development in the wine region of Szekszárd Company mentor 

2.5 billion forints development in the wine region of Szekszárd

Almost two and a half billion forint worth of development is being carried out by the winegrowing of the Szekszárd wine region with the support of the Rural Development Program (VP), and investments contribute to increasing the volume of bottled wines in several places. With the 50 percent contribution of the VP, over ten wineries in the wine region, predominantly... Read More
No managers, but entrepreneurs need to shop (+ 4 tips) Company mentor 

No managers, but entrepreneurs need to shop (+ 4 tips)

Nowadays the traditional manager’s time has expired. This is borne out by the topic expert, Boris Gloger, who says open, courageous and pragmatic entrepreneurs are needed. Here is Gloger’s 4 point in which you compare the old and the new approach. The manager believes in goals and plans. In every step he relies on the basics of change in traditions.... Read More
That is why (also) apply retired labor Company mentor Booking 

That is why (also) apply retired labor

There are about one thousand estimates of the number of companies that would benefit from the aging workforce. According to the most recent data, there are now 114 registered retirement cooperatives in Hungary. These organizations have not only contracted value of 3-5 billion forints, but they have helped the return of some 8-12 thousand retirees to the domestic labor market.... Read More
Workers can enter the shop inexpensively Company mentor 

Workers can enter the shop inexpensively

In international practice, it has long been widespread that companies involve somehow employees in the ownership circle. Although in Central and Eastern Europe this is a less common motivation tool, more and more companies decide to introduce share-delivery programs. In Hungary, the so-called Employee Shared Ownership Program (MRP) is also revived, which is supported by favorable tax conditions. The program... Read More
Tourism can also be the online cash register Company mentor 

Tourism can also be the online cash register

Even this year, they may require tourist accommodation providers to put in place an online cashier linked to NAV – Airbnb apartments will not be released from the rule either. The site knows that no accommodation will be escaped from the online cash, camps and private accommodation must also sign up for the NAV. If someone tries to play this,... Read More
Mergers and acquisitions at record level Company mentor 

Mergers and acquisitions at record level

At the record level, business combinations and acquisitions in the world, the Financial Times said. According to the British newspaper, by March 20, global mergers and acquisitions (M & A) totaled $ 1,000 billion. Previously, in this area, there have never been such an activity in the world. Growth of mergers and acquisitions has been explained by experts for reasons... Read More
Achieving 80 million passengers per year is the goal of developing the Madrid airport Company mentor 

Achieving 80 million passengers per year is the goal of developing the Madrid airport

 In order to reach 80 million passengers a year, the AENA company responsible for the operation will develop the Adolfo Suárez Madrid-Barajas airport from € 1.5 million ($ 465 billion) by 2026, announced by Spanish Minister of Development, Ínigo de la Serna, on Wednesday.     As he said, the number of passengers grew year after year in the country’s largest airport,... Read More
The pre-tax profit of the Lufthansa Group in 2017 increased to record level        Company mentor 

The pre-tax profit of the Lufthansa Group in 2017 increased to record level     

In the fiscal year 2017, the pre-tax profit of the Lufthansa Group has risen to a record level, and 2018 is expected to bring similar results to Germany despite the increasing kerosene. According to their statement, revenues increased by 12% to EUR 35.5 billion compared to 2016; although the aggregate operating cost rose by 9.6 percent to € 34.8 billion,... Read More
The White House, referring to national security grounds, prevented a US company buying a Singaporean company    Company mentor United States Of America 

The White House, referring to national security grounds, prevented a US company buying a Singaporean company  

The White House, referring to national security grounds, prevented Broadcom’s Singapore chip maker from acquiring the Qualcomm telecoms company in California. President Donald Trump has prevented the acquisition by quoting on Monday, citing “credible evidence” that a $ 140 billion business would “damage the United States’ national security.” The deal would have been created with one of the biggest acquisitions... Read More
The first smartphone-operated hotels in Budapest opened in Budapest       Company mentor 

The first smartphone-operated hotels in Budapest opened in Budapest    

The first KViHotel Budapest hotel in the capital, KViHotel Budapest, opened its first ever Hungarian-developed smartphone application – announced by developers and owners at the hotel lobby on Monday in Budapest. Csaba Kató, the creator of the TMRW Hotels application and the founder of the company, said that the four-star, forty-room paperless hotel was the first application of TMRW (tomorrow)... Read More
Young people are helping entrepreneurs in Southern Transdanubia Company mentor 

Young people are helping entrepreneurs in Southern Transdanubia

Young people become entrepreneurs with the help of EU funds in the Southern Transdanubia region, said the Association of National Interest Representatives of Traders and Caterers (Kisos), a member of the consortium conducting the application. According to the information, in the Economic Development and Innovation Operational Program (Ginop) with a grant of HUF 1,028 billion until 31 December 2021, young... Read More
Bruce Willis can give the face of a Hungarian company’s ad. Company mentor 

Bruce Willis can give the face of a Hungarian company’s ad.

  The star of Die Hard is contracted to the Hungarian energy company Hell. The site is aware that Hell Energy Magyarország Kft. Has already produced posters and commercials for advertisements in which the star will appear. The PR director of the company, in response to the site’s search, did not confirm the news: “Hell Energy came to another milestone.... Read More
The first electric Opel model is being manufactured at the Spanish plant Company mentor 

The first electric Opel model is being manufactured at the Spanish plant

The first Opel model in Europe will be commissioned in Figueruelas, Spain, said Michael Lohscheller, Opel / Vauxhall’s CEO in Madrid on Wednesday. As he said, it is believed that every Opel passenger car model will have an electric version from 2024, starting with the production of Corsa in two years. Prior to that, next year, at the Figueruelas factory,... Read More
A new way to pick up a guest: here’s the pub where they started burning the guest’s bills Company mentor 

A new way to pick up a guest: here’s the pub where they started burning the guest’s bills

Fantastic marketing ideas came from an English bar in Shawford. The place is trying to get more interested in burning the guest’s account. Every week, one lucky winner can get out of this English small town bar. The tables between the 2 to 6 people are folded into a hat and then pull out one that is lit up in... Read More
British Competition Authority: It does not serve the public interest that Fox will cover Sky Company mentor 

British Competition Authority: It does not serve the public interest that Fox will cover Sky

The British Competition and Market Surveillance Authority (CMA) said on Tuesday that the plan was not serving the public interest, according to which Rupert Murdoch’s media empire would fully acquire the British Sky media group together with Sky News. The 21st Century Fox media group belonging to the Murdoch conglomerate would buy 61.7 percent of Sky shares that would not... Read More
A stand-alone country stand presents Hungary at London’s BETT Shown         Company mentor Festival Big World 

A stand-alone country stand presents Hungary at London’s BETT Shown      

For the first time, he will participate in a stand alone stand at the BETT (British Educational Training and Technology Show) in London, the world’s largest educational technology exhibition this year, said Tamas Deutsch Minister of Health for Digital Health Program on Saturday at a press conference in Budapest. Participation was supported by the government by about HUF 393 million,... Read More
He made up his first billions of fishes Company mentor 

He made up his first billions of fishes

The company Masan Group mainly manufactures and markets sauces for fish products in Vietnam. However, this is so well done that its products are essentially found in every local household. Over the past six months, the company has produced a shocking boost, doubled its sales, and made its founder a billionaire. Nguyen Dang Quang, founder of Masan Group, Vietnam’s new... Read More
Taxing information is given to start-ups Company mentor 

Taxing information is given to start-ups

More than three thousand start-ups will send information on key tax information at the National Tax and Customs Office (NAV) in the framework of a mentoring program that will start next week, said State Secretary for Parliamentary and Tax Affairs, Ministry of National Economy (NGM). András Tállai said: in the semester mentor program free of charge, registration can be obtained... Read More
Graboplast and Pannon University develop floor screed and cleaning surfaces Company mentor 

Graboplast and Pannon University develop floor screed and cleaning surfaces

    Innovative, self-disinfecting and cleaning, abrasion-proof and flexible flooring is developed jointly by the Graboplast Zrt. In Győr and Pannonian University of Veszprém, with nearly one billion HUF of European Union support for the floor-based company based in Győr.     The new floor can help reduce the number of hospital-related infections.     The joint work started in September last year and the new... Read More
K & H Bank is launching an incubator program for startup businesses Company mentor 

K & H Bank is launching an incubator program for startup businesses

K & H Bank is also launching its own incubator program for start-up startups, providing them with free infrastructure, continuous training, industry mentors, and supporting the startup and consolidation of startup companies by providing international connectivity. Balázs Németh, head of the change management division at the start of the demonstration at the Start it @ K & H Incubator House,... Read More
A Texas company is investigating one of the biggest puzzles in aviation history Company mentor 

A Texas company is investigating one of the biggest puzzles in aviation history

Restarting a private enterprise after four years of missing Malaysian passenger wreckage. According to Sunday news agency reports, Liow Tiont Lai, the Malaysian Transport Minister, said last night that US research firm Ocean Infinity offered to continue the search, and the Asian country quoted. A Texas venture will only receive a prize if you find the remains of Malaysia Airlines... Read More
In Romania, firms under bankruptcy protection have to pay a separate account for VAT Company mentor 

In Romania, firms under bankruptcy protection have to pay a separate account for VAT

From January, in Romania, bankruptcy protection and companies with a suspended bill will have to pay a separate VAT invoice (VAT). Separate VAT payments were decided by the government in the end of August, which was adopted in an emergency decree, which means that from October onwards, as of October 1, all businesses will have to pay a separate account... Read More
Would you pay a monthly £ 80.- pounds to start with a £ 20,000 .- pounds bonus? Company mentor 

Would you pay a monthly £ 80.- pounds to start with a £ 20,000 .- pounds bonus?

£ 40,000.- pounds can be collected monthly £ 80.- an important deposit until the retirement age. Of this amount, more than £ 18,000.- means the tax credit and the yield of 20 percent. The longer the time is spent, the higher the amount will be. But, strictly speaking, only the effect of the tax credit is the biggest contribution to... Read More
MFB is launching a new loan product for micro, small and medium-sized enterprises         Company mentor 

MFB is launching a new loan product for micro, small and medium-sized enterprises      

The MFB wants to reach market areas that the commercial banking system can not or does not want to cover, therefore, it launches a new loan product for the financing of micro, small and medium-sized enterprises with a budget of 20 billion forints – said Tamás Bernáth, President of the Hungarian Development Bank (MFB) CEO at the financial institution and... Read More
HungaroControl helps develop Singapore’s Changi Airport          Company mentor Big World 

HungaroControl helps develop Singapore’s Changi Airport       

Smart Carrier Intelligent Remote Control, Smart Remote Tower, is helping HungaroControl become the world’s best-selling Singaporean airport, Changi – said the company on Monday with MTI. According to HungaroControl, the Singapore Civil Aviation Authority (CAAS) announced its international tender at the beginning of 2017, seeking partners for the optimization of the airport of Changi, developing and implementing Smart Tower prototype.... Read More
More than HUF 24 billion revenue in Mogyin this year          Company mentor Finance 

More than HUF 24 billion revenue in Mogyin this year       

Mogyi Ltd. expects sales of more than HUF 24 billion over the same period this year, which means more than 200 million products, “said MTI. In Hungary, Mogyi works with a staff of 165 people and 165 producers. The company has five factories in Hungary, present in 27 countries, including 7 subsidiaries – Romania, Poland, Russia, Italy, Serbia, Montenegro, and... Read More
Budapest Bank survey: few small companies export Company mentor 

Budapest Bank survey: few small companies export

Only a fifth of Hungarian micro, small and medium-sized enterprises carry out export activities, and the proportion of new players entering the foreign market is also low, primarily because they believe that their products, services are not exportable or because they consider themselves too small – said Budapest Bank (BB) research. 19 percent of the surveyed companies have gone to... Read More
She has been a buyer for the Weinstein company Company mentor 

She has been a buyer for the Weinstein company

An American businesswoman made the first bid to buy the Weinstein Company production company. Maria Contreras-Sweet, head of the Small Business Administration at the time of the Obama administration, wants to keep her alive with Harvey Weinstein and her brother, who has been harassed by sexual harassment and violence, says Wall Street Journal (WSJ). The American newspaper received a letter... Read More
Adval Tech Plant 2 Ltd. built new factory hall in Szekszárd       Company mentor Big World 

Adval Tech Plant 2 Ltd. built new factory hall in Szekszárd    

A new plant of 5,000 square meters has been invested with an investment of 2.7 million euros at Adval Tech Plant 2 in Szekszárd, said the managing director of the Swiss-owned automotive industry with MTI. István Lacik said the development was funded from its own source, and the new facility replaced the former obsolete 3500 square meter hall. The Hungarian... Read More
Significantly improved its financial position by the International Airlines Group Company mentor 

Significantly improved its financial position by the International Airlines Group

     Significantly improved its financial position in the third quarter compared to the previous year by the International Airlines Group (IAG).     British Airways, Spanish Iberia, Irish Aer Lingus and discounted Vueling airlines have posted their results on the website, which increased their sales revenue by 2% to EUR 6bn in the third quarter, while spending decreased by 2.3% to EUR 5.1bn.... Read More
Ősszel indul a Startup Campus London újabb szemesztere magyar fiataloknak Company mentor 

Ősszel indul a Startup Campus London újabb szemesztere magyar fiataloknak

Enterprise Hungary, una organización sin fines de lucro, reanudará su programa empresarial en Londres en octubre con una carrera en emprendimiento, emprendimiento, emprendimiento, idea de negocio o puesta en marcha “, dijo el lunes Enterprise Enterprise Hungary con MTI. Los jóvenes que entran en el cuarto curso de formación pueden ser ayudados a iniciar y desarrollar su negocio. El entrenamiento... Read More
The European Commission approves the German support for the rescue of Air Berlin Company mentor 

The European Commission approves the German support for the rescue of Air Berlin

   Germany has granted a bridge loan to Air Berlin under European Union state aid rules, the European Commission said on Monday.     The EU Commission stressed that the German measure would allow the liquidation of an insolvent airline without the undue distortion of competition in the single market.     According to the committee, lending is compatible with EU state aid rules because... Read More
The role of startups in business innovation is remarkable Company mentor 

The role of startups in business innovation is remarkable

      In the business innovation of small and medium-sized enterprises, the role of starting and start-up companies is outstanding – said Piroska Szalai, the Board of Trustees of the Budapest Enterprise Development Foundation on Sunday’s M1 channel.      The chairman said on the occasion of an international startup event and conference held in Budapest this week: Visegrád countries (V4) are... Read More
The Fashion World 2 Company mentor 

The Fashion World 2

It’s not alone if you do not know where to put a lot of cupboards in the closet: Since cheap collections change up to 4-5 times per season in the fast fashion chains, we’ve got more clothes than ever before in the developed world. But with the size of the fashion industry, environmental damage has also increased, as there is... Read More
The world of fashion Company mentor 

The world of fashion

The coolest Hungarian fashion companies are hopelessly invisible in the global fashion industry. Trying at home in Japan (Nanushka, Áeron or the late Use Unused) are hopeful and hasty for a while, but in fact, with their thousands of international competitors struggling to survive in a single life. Their greatest success is the timely acquisition, and the way ahead is... Read More
Hungarian researcher has won the most prestigious British economics prize Company mentor Interesting Facts 

Hungarian researcher has won the most prestigious British economics prize

A Hungarian researcher has won the UK’s most prestigious award for nearly a quarter of a million (almost 90 million forints) award for its modeling of how to improve the state of British road transport infrastructure through a more efficient toll system. The 27-year-old Gergely Raccuja is the winner of the Wolfson Economics Award this year. The prize – for... Read More
In Germany, Berlin is the most active in the establishment of companies Company mentor 

In Germany, Berlin is the most active in the establishment of companies

    The company’s founding activity is the highest in Berlin in Germany, where foreign entrepreneurs have been setting the country’s downward trend, according to a study published Tuesday by the DIW Economic Research Institute.     According to a study by Deutsche Institut für Wirtschaftsforschung (DIW Berlin), the number of foundations has been decreasing in Germany for six years now, but in Berlin,... Read More
Prelude was more effective at Power Point at Harvard University Company mentor 

Prelude was more effective at Power Point at Harvard University

     The present-day lectures of the Hungarian-developed Prezivel were found to be more memorable, more captivating and more alert than the Power Point presentations by researchers at Harvard University researchers reported in the journal Plos One.     Harvard University published a research in the journal Plos One, which compared the slide-based (Power Point) and Zoom (Presentation) software (Prezi).     The researchers tested a... Read More
The Aeroflot turnover has increased due to Manchester United sponsorship Company mentor 

The Aeroflot turnover has increased due to Manchester United sponsorship

     Sixty percent increase in foreign passenger traffic at Aeroflot for half a decade, with the Russian airline becoming the official traveler of the Manchester United (MU) football team, said Vitalij Welevyev, CEO of the company at the annual shareholders’ meeting in Moscow on Monday.     He pointed out that England’s football team has 640 million fans in the world, half of... Read More
Harry Potter twenty years old Company mentor 

Harry Potter twenty years old

 When the Bloomsbury publisher on June 26, 1997 released a completely unknown English writer, a certain volume of Joanne Rowling, which was the title of Harry Potter and the Wise Fathers, the company did not have vague hope for the expected success: only 500 copies of the first release printed.     Since then it has been twenty years since today J.K.... Read More
Oracle’s market capitalization rose over two hundred billion dollars Company mentor 

Oracle’s market capitalization rose over two hundred billion dollars

    The market capitalization of Oracle’s software development and service provider rose over two hundred billion dollars thanks to its strong performance in the last financial quarters and throughout the financial year 2017.     According to a flash report published on Wednesday, the California company gained more revenue and profits than expected by analysts in the fourth quarter ended May 31, as... Read More
The Ministry has applied for bidding for non-qualified bands and singers Company mentor 

The Ministry has applied for bidding for non-qualified bands and singers

The Ministry of Human Resources (Emmi) promotes the achievement of the outstanding artistic goals of non-certified bands and singers by HUF 22 million. For non-refundable subsidies, music organizations can apply for a foreign festival, invitation to perform on a guest invitation, participation in a concert tour, and youth concerts and contemporary musical performances – the MTI has been informed on... Read More
Hungarian startups promote the innovation of the national trading house in Paris Company mentor 

Hungarian startups promote the innovation of the national trading house in Paris

     With Hungarian startups, the Hungarian National Chamber of Commerce promotes the innovation and business environment of the Visegrád four (V4), including Hungary, and the potential of the region in Paris at the Future en Seine event.     According to the announcement, one of Europe’s biggest events focusing on digital innovation, smart solutions and creative industries will be three – Route4U, Sparkon.io,... Read More