Posts From trademagazin

The Romanian government plans to introduce reduced VAT

The Romanian government plans to introduce a 9 percent reduced VAT to replace the current 24 percent VAT on food that comes from agriculture, from the 1st of January from...

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Hungarians see Olympic sponsors in a positive light

Hungarians react incredibly positevely when they find out that a company is supporting the Olympic Games. Companies linked to the London Olympics appear in a positive light for 63 percent...

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Quarantine due to bee sickness

A quarantine has been ordered in Gödöllő and in the surrounding villages due to bee sickness for bees, bee related products, and for certain objects the bees have come into...

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Italian star chef will cook for Nike athletes at the Olympics

Only products shipped from Italy to London will be served in one of the restaurant for the Olympic athletes. The restaurant’s cuisine will be led by Italian star chef Nicola...

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GKI-Erste economic sentiment index hardly increased in July

GKI-Erste economic sentiment index hardly increased in July compared to this year's low point Following its fall in May, GKI-Erste economic sentiment index adjusted for seasonal effects slightly increased in...

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Budai Gyula: no competition proceedings under way in melon case

No competition proceedings are under way currently in Hungary – said Budai Gyula, Parliamentary Secretary of the Ministry of Rural Development (VM) on Monday in Budapest. Budai Gyula reminded that...

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QR-code payments have started

Mobile payments seem to be starting up in Hungary. Until now, more than 30 thousand users have downloaded and installed the applications to smartphones. The system can increase significantly with...

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New Criminal Code: no mercy for the distributors of fake products

The new Criminal Code, prospects severe punishment for those who market poor quality products or falsely certifies the compliance of the product. In addition those who mislead the consumers have...

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Kedves gave more than 130 thousand liters of milk

The government earmarked almost seven billion HUF as the advance payment of the special milk support. Its payment will begin on October 16 – said Fazekas Sándor Rural Development Minister...

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GVH’s decision in suspected melon cartel case is expected after the authority gains informations

The Competition Authority’s (GVH) decision in suspected melon cartel case is expected after the authority gains informations – GVH told MTI on Monday. According to the communication, the authority was...

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The sunflower honey yield will be less than expected in Szabolcs County

The sunflower honey yield will be less than expected in Szabolcs-Szatmár-Bereg County, where the weather made totally impossible the acacia honey collection during the spring – the regional adviser of...

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Trade with China increased significantly

Last year, the economic cooperation between China and Hungary increased to its twenty-threefold and was a total of 9.2 billion USD. Food trade was only 34 million USD, which shows...

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Increase in world trade turnover

According to the Monday released datas of the Dutch CPB economic analysis center, world trade turnover increased in May. The volume of commercial transactions in the world rose by 2.5...

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Pig population can decrease further

The pork industry is in crisis again. Due to their losses, the farmers are forced to reduce the number of their animals or forced to eliminate jobs and close their...

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One of the most interesting breweries

Locally brewed original tasted beer is waiting for all those who climb the Snezka, that is the highest peak of the Czech Republic, situated in the Czech-Polish border. The Snezka...

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German bus tourism: Hungary is the tenth most popular destination

In the German economy, bus tourism has a very important role. Its annual turnover is 10.5 billion euros and employs 220,000 people. Annually 5.8 million people use buses during their...

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Food security alert system by eu proves to be successful

The three-day European union Food And Give Food Short Warn Technique (RASFF) Work Getting Together With began on Beijing within the 6th. For European Money Health and Utilization Generally Wellbeing...

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Magazine: Working with his mind and his heart – interview

Attila Molnár, who has been working in MVI’s presidency for one and a half years, is the co-owner of Arany Kaviár, a successful restaurant in Budapest. He has been working...

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Menu of the Anna-bal

The 187th Anna-ball will be held in Balatonfüred on July 28. This year’s guest of honour will be Opatija. This year's menu contains traditional dishes, that were modernized a bit...

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Nielsen: the sales of household chemical goods and cosmetics increased in value, reduced in volume

Retail reached about 150 billion HUF sales revenues from household chemical goods and cosmetics in the first half of the year, compared to January-June 2011. This represents a one percent...

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Watermelon-campaign in 150 SPAR-stores

A new campaign was launched last week to support Hungarian watermelon, with 150 SPAR-stores offering watermelon-tests to their consumers. The opening ceremony of the campaign took place on Thursday, with...

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Grain prices at record level due to the U.S. drought

Drought rages in North America, has not seen for several decades so the farmers and traders are also concerned that there will not be enough exportable grain. Several foregone sales...

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The FruitVeB would simplify the application system

The Hungarian Fruit and Vegetable Interprofessional Organisation and Product Board (FruitVeB) would simplify the system of tendering and would make it more transparent for the next EU budget period. The...

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The Government signed a strategic agreement with Coca-Cola HBC Magyarország

Prime Minister Viktor Orbán concluded a strategic partnership agreement with Coca-Cola HBC Hungary on Friday at the company’s headquarters in Dunaharaszti. The Prime Minister recalled that the government was building...

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The 120-year old pálpusztai cheese is applying for the Hungaricum title

The pálpusztai cheese celebrates its 120th birthday this year. The old cheese specialty can still compete with the world-famous Dutch and French products on the domestic market. The “odor” feature...

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The European food safety alert is effective

The report of the European Commission highlights that thanks to the EU food and feed safety alert system (RASFF) a number of food safety risks were resolved or eased –...

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Heineken expands in Asia

The Dutch brewing giant the Heineken offered a bid to the Fraser and Neave company to purchase the company’s 40 percent share in Asia Pacific Breweries for around four billion...

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Meteorite flavored wine

Thanks to Ian Hutcheon, owner of the observatory Centro Astronomico Tagua Tagua, in Chile, you might one day see “meteorite” join these enological flavors. The Englishman, who also owns a...

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Magazine: Hungary’s negotiations on financial assistance discussed at the Business Dinner

On 26 April the topic of Trade magazine and Chain Bridge Club’s Business Dinner event was the expected outcome of Hungary’s negotiations with the EU and the IMF on precautionary...

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Hungarian hotel revenues increased in January-May

According to the Hungarian Association of Hotels and Restaurants (MSZÉSZ), hotel room revenues increased in Hungary during the first five months of the year, compared to the past year, but...

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