Posts From trademagazin

KSH: trade and catering increased the GDP in the first quarter

The volume of gross domestic product in the first quarter was 0.9 percent higher than in the previous year. The market services increased slightly, while the industry slightly reduced and...

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The VAT reduction on poultry and milk are accepted

The National Assembly approved the government's proposed tax package for next year on Tuesday. According to the tax package, the Value Added Tax (VAT) on poultry meat, eggs, fresh milk...

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Domestic tomato production area increased sevenfold

The domestic industrial tomato growing area increased almost sevenfold in recent years – magyaridok.hu wrote. In the early 2010s the sector was at the edge of extinction. Now tomato has...

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Hungarians purchased online in a value of more than 300 billion HUF last year

Last year, net sales in online retail totaled at 319 billion HUF, 17 percent more than in the previous year, reaching 4.1 percent of total retail sales in Hungary –...

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Tesco: customers can taste fruits and vegetables in 111 stores

From June the customers of Tesco can taste fruits and vegetables in 111 stores even before buying them. In the first two weeks of the program the customers can test...

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SME sector’s business confidence improved in the first quarter

The business confidence in the small and medium-sized enterprise sector continued to improve in the first quarter, compared to the previous quarter – the Economic and Enterprise Research Institute (GVI)...

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The excise duties on fuels and tobacco products will increase

The MPs adopted Varga Mihály, Minister of National Economy’s proposal with 124 votes in favor, 37 against and 29 abstentions. Under the proposal adopted, excise duties on fuels will increase...

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The Mirelite Vadas sauce was renewed within EU product development

The five-year long NU-AGE project – supported by the European Commission – aims to improve the health and quality of life of residents over 65 and to reduce aging factors....

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Another forty billion HUF for agri-environmental program

The framework of the agri-environmental program will be expanded with forty billion HUF. Viticulturists and fruit growers can apply for 15 billion HUF, while animal breeders can apply for 25...

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Illegal distillery was found in Szabolcs

The finance guards found an illegal distillery at one of the settlements in Szabolcs-Szatmár-Bereg County. Magyar Norbert, Press Officer of the Szabolcs-Szatmár-Bereg County National Tax and Customs Authority told MTI...

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NAV auctioneers chocolates

The starting price of 500 chocolates is 50 thousand forints. The products will expire in mid-September. The National Tax and Customs Authority (NAV) regularly advertises different products, real estates, that...

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SIÓ CitrusFriss

We are introducing a new SIÓ sub-brand to the market in the 1-litre carton segment, with which we are also trying to strengthen the category’s position in the market. SIÓ...

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Training at Assur

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Drink with fruit content

From this May Orangina will also be available in shops in 0.5-litre and 1.4-litre sizes in the traditional bubble-shaped PET bottle. Orangina is special among soft drinks not only because...

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Miracle in Brazil

The first months of 2016 produced an unexpected sales growth for retailers in Brazil. Sales were up 1.2 percent in February – the biggest growth since July 2013. There has...

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New saladmix for the summer

Targeting those consumers who like convenient solutions, K&K Family Hungary created Hungary’s first ready-to-eat salad that contains everything for a light and healthy meal in one bag. The first product...

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More funding available in more areas

The annual framework budget of the Economic Development and Innovation Operative Programme (GINOP) got HUF 300 billion bigger. This means that until the end of 2016 businesses can apply for...

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New tax in catering

Those caterers should pay a four percent special tax after turnover without VAT that sell locally produced food or drink from 2018 as a Tourism Development Contribution – index wrote....

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Magazine: Business travel abroad is what Hungarians want

Young Hungarian workers, especially men, are very much attracted by international opportunities. The latest findings of the Randstad Workmonitor show that 79 percent of Hungarian men younger than 34 years...

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Analysts: the increase in retail sales may continue throughout the year

The growth in retail sales continues during the year – according to analysts interviewed by MTI, who mentioned the increase in net real wages as the main reason. The Central...

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Wheat replaces Makói onion

Fewer and fewer onion is grown in Hungary. Rather wheat is produced in the Makó region, instead of garlic and onions – Népszabadság Online wrote. – While the cost of...

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Domestic watermelon is very popular abroad

The melon yield can reach up to 240 thousand tons this year – Magyar Hírlap Online wrote. Half of this amount goes for export, mainly to Germany. The melon growers...

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Another tender was announced for farmers

About 19.68 billion HUF applications were announced by the Prime Minister's Office within a tender invitation on Monday. According to the notice, the supports can be used to establish crop...

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Two thousand seed professional in Budapest next year

Punta Del Este in Uruguay hosted the International Seed Federation’s (ISF) World Congress this year. The representatives of the Hungarian Seed Association Interprofessional Organization and Marketing Board was given the...

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Producers will present natural gastronomy in Szilvásvárad

Some producers of the Bük region prepares to showcase gastronomy based on high-quality raw materials that can be found in nature. The presentation will take place on 18 June in...

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The Greeks have stopped spending on food

The sanctions and tax increases caused a decline in household spendings in Greece – mfor.hu wrote, after Kathimerini daily. The newspaper in its Sunday edition reports that the Greek population...

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Robot farmers in Japan

Human-like robots and self-driving tractors are the future to replace the agricultural labor force in Japan – agrarszektor.hu wrote. The reason is that the Japanese farmers are getting too old...

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IKEA withdraws refrigerators

IKEA withdraws refrigerators and freezer cabinets due to danger of electric shock – IKEA Deutschland reported on Friday,. The measure affects the Frostfri branded devices made between the 45th calendar...

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Lidl’s conquest in Spain

In 2015 Lidl’s sales in Spain expanded by 12.5 percent to EUR 3,048 million in comparison with 2014. According to Alimarket.es, the good result roots in greatly improving the level...

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A record price was paid for the giant tuna

More than 260,000 yuans (10 million HUF) was paid for a Japanese tuna weighting more than one hundred kilograms in Fuzhou, south-east China. The giant fish, weighing more than 100kg,...

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