News and articles

The V4 would work together to reduce VAT on Internet

The minimum goal in Hungary is is to reach the EU average of 85 percent in the usage of Internet. Now the proportion of Internet users is around 63-70 percen...

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Manpower: 16 percent of employers plans staff increase

Sixteen percent of employers plans staff increase of the second quarter of 2016 – according to the survey of the Manpower labor market services firm, published on Tuesday. Three percent...

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Swiss chocolate manufacturer increased its profits

The Lindt & Spruengli AG, the world’s biggest maker of premium chocolate, reported full-year profit growth in line with analyst estimates as the Swiss company eliminated unprofitable products at Russell...

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More than half of the children's toys was dangerous

According to the study of the National Consumer Protection Authority (NFH) 48 products out of 81 were risky: strangulation, eye damage or risk of permanent damage to health occured in...

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MET Group’s Russian and Turkish expansion

Energy trader MET Group has started entering the markets of Russia and Turkey by establishing affiliates in both countries: MET Vostok is seated in Moscow and MET Turkey’s headquarters are...

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New smells by Silan

Silan Soft & Oils contains valuable essential oils, making clothes marvellously smooth and soft with every wash. New pink Silan Soft & Oils offers a stunning, fresh scent, thanks to...

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Winemakers can expect a higher amount of support

Domestic winemakers can expect a higher amount support than the originally determined 20 billion HUF. In the Rural Development Programme (VP) a total of 1300 billion HUF is available for...

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The Hungarian National Apiculture Program is ready

The Hungarian National Apiculture Program for 2016-2019 is ready – the Ministry of Agriculture (FM) told MTI on Monday. According to the Ministry of Agriculture (FM) the new National Apiculture...

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Retailers who are open on Sundays reached high plus turnover

Retailers who are open on Sundays achieved a two hundred and fifty billion HUF plus turnover in the past one year, after the mandatory Sunday rest day has been introduced....

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The CBRE expects a robust growth in the commercial real estate market

A strong year is waiting for the Central and Eastern European region’s real estate market in 2016. The investors will also target Budapest, which will give a significant boost to...

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This year's VinCE Awards awards were handed over

This year's VinCE Awards awards were handed over on Thursday at the gala evening of the 7th VinCE Budapest Wine Show. The organizers told MTI that the VinCE magazin plays...

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Support to breed the native animals is available by the end of the month

The agricultural ministry said that the protected native and endangered farm animals play an important role in the retention of rural workforce and in the utilization of pastures as well....

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Fitch: global economic environment deteriorated significantly, but recession is not expected

The growth environment of the global economy deteriorated significantly in the past quarter, especially due to the slowdown in the Chinese economy and due to the negative oil market price...

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Kométa increased its revenue and was profitable last year

The Kométa 99' Zrt. reached 5 billion HUF more, about 30 billion HUF in revenue last year, and had hundreds of millions HUF profits, after years of loss-making operations –...

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After a year hiatus, the sausage and sodar muster to be held again in Gyula

After one year hiatus the sausage and sodar muster will be organized again held this year between 11 and 15 March in Gyula. Bordás Tibor main organizer told MTI that...

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A renowned winemaker passed away

Szöllősi Mihály winemaker has passed away. He was one of the leading producers in the Ászár-Neszmély wine region. In 2009, he was awarded winery Winery of the Year award, while...

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Smartphones: the double-digit growth may end

Smartphones global sales may increase at a slowing pace this year and in the coming years according to the International Data Corporation (IDC), IT and telecommunications market research institute. Last...

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The domestic Budapest Card debuted at this year's Tourism Exhibition

The domestic Budapest Card, the first domestic product of the Budapest Card family debuted at this year's Tourism Exhibition – Bán Teodóra, managing director of the Budapest Festival and Tourism...

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Parmalat Pure Milk

Thanks to the micro-filtering technology used, more than 99 percent of bacteria is removed from Parmalat Pure Milk. With the careful heat treatment we guarantee that the milk preserves all...

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140 million dollar investment by Jack Daniel’s

Tennessee whiskey giant Jack Daniel's is set to make a $140 million expansion to its distillery in Lynchburg, according to Gov. Bill Haslam and state economic officials. Increased demand is...

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NGM: a further increase in retail sales is expected

The NGM expects further increase in retail volume during the year, because inflation is low, employment is high and unemployment is very low – Lenner Áron Márk, the Deputy Minister...

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Hungarian wine exports increased

According to preliminary data, the Hungarian wine exports were around 90 million bottles last year, after the 85 million bottles of 2014 – Szabó László Parliamentary Minister of State of...

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Nielsen: Easter candies were sold in a value of nearly 4 billion HUF last year

About 844 tons of chocolate bunnies, eggs and other festive sweets were sold by retail last year during the Easter period in a value of almost 4 billion HUF. In...

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FM: non-GMO food labeling rules are completed

The legal framework for GMO-free food labeling is completed, which is expected to enter into force in the first half of the year – the Ministry of Agriculture (FM) told...

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A record-breaking trade surplus in 2015

Last year, the export value in euros increased by 7.1, while imports rose by 5.4 percent. The trade surplus increased to 8.118 billion HUF – the Central Statistical Office (KSH...

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Hundreds of billion HUF supports will be available after 1 April

The farmers can submit their single electronic agriculture and rural development support claims from 1 April to the Agriculture and Rural Development Office (MVH) – the agrarszektor.hu wrote. Supports can...

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KSH: the use of biofuels is increasing constantly

The share of biofuels is continuously increasing in Hungary within fuel consumption. In 2004, it was 0.4 percent, while in 2014 it was 6.9 percent, and surpassed the 5.9 percent...

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Romanian retail sales increased significantly

The volume of Romanian retail sales increased in January by 15.6 percent, compared to January 2015 – the Romanian national statistical institute announced on Thursday. The increase is mainly due...

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A new Hungarikum center opens in Serbia

Serbia’s fourth Hungarikum Centre was opened in Szabadka on Thursday. The customers can choose from seven hundred kinds of Hungarian and Vojvodina products in the shop – the website of...

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