News and articles
Apple reduces iPhone production
Apple is scaling back its orders for iPhones, The Wall Street Journal reports, forcing its Chinese suppliers to lay off staff as they ready themselves for lower sales of Apple's...
Read more
Government amends tax legislation
One of the most important changes is that in its new form the law differentiates between reliable and risky tax payers. Those companies which qualify as reliable get a VAT...
Read more
Single-rate food chain supervision fee returns
The Hungarian parliament has amended the legislation on the food chain supervision fee: in the future even those companies will have to pay 0.1 percent of their sales revenue which...
Read more
GVH’s eyes set on cartels
The Hungarian Competition Authority (GVH) organised a press conference to introduce Cartel Chat, an online service that can be used anonymously and safely to get in touch with GVH about...
Read moreFood industrial applications from mid-February
The food industrial applications can be submitted from 15 February. The supports aim to facilitate improvements in an amount of 151 billion HUF – Kis Miklós Zsolt, Minister of State...
Read moreSpeculation and overproduction move the grain prices
Nearly 70 percent of world’s cereal production will be wheat and corn this year. Because of the previous high prices many people interested towards the grain section of the commodity...
Read more
The Tokaj Trading House may become profitable
The four-year development plan of the Tokaj Trading House will be brought to the government in these days. On the basis of the plan, the company will be profitable by...
Read more
Free mobile app shows the sugar content of meals and drinks
A new free app by Public Health England and National Health Service can track how much sugar a drink, food or dessert contains. They urge parents to use the new...
Read moreAgricultural primary producer cards to be renewed
The agricultural primary producer cards will be renewed. Instead of the paper cards card-based ID cards will be introduced, the new system has been successfully launched – the president of...
Read more
MNB study: external capital involvement is not popular among the Hungarian SMEs
The Hungarian and European small and medium-sized enterprises (SMEs) are reluctant to involve external capital and new joint owners, despite they obtain funds increasingly difficult, after due to the crisis...
Read more
The agricultural machinery manufacturer to develop this year as well
The Hantech dealing with the manufacturing of agricultural machinery will double the number of employees this year. The company to expand its development activities with hundreds of millions HUF this...
Read more
Hungarian chimney cake conquers Florida
The foreign newspapers wrote about an another Hungarian gastronomic venture; after the sconery in New York and San Francisco, the Hungarian chimney cake conquers Florida – hvg.hu wrote. Gulyás Anikó...
Read moreKSH: employment indicators continued to improveme
In September-November 2015, the number of employees increased by an average of 118 thousand to 4 million 273 thousand. Compared to the previous year, it is a 2.8 percent increase...
Read more
Milk shortage may occur in Texas
After recent storms, fifteen thousand cows have died, the others weren't able to be milked. A milk shortage is expected in Texas. Dairy farmers in West Texas were hit hard,...
Read more
0.2 percent euro area inflation in December
Consumer prices in the Eurozone are expected to edge up 0.2 percent year-on-year in December of 2015, the same as in the previous month but below market expectations, preliminary estimates...
Read more
Who buy online and how do they do it?
A survey by GKI and Árukereső reveals that the popularity of online shopping is growing in Hungary. By the end of the year the number of online buyers will exceed...
Read more
Environmental protection product fee modified
Those who decide to manage waste themselves can pay the fee in a simpler way, vehicle manufacturers and distributors can play a flat rate and foreign companies that sell products...
Read more
More confident consumers at our Balkan neighbours
Nielsen’s GrowthReporter follows FMCG sales trends every three months in 21 countries. Let’s see what the situation is at our neighbours in the Balkans. Romania: FMCG volume sales grew 6...
Read more
EU fruit and vegetable applications to come
In the next few months several EU fruit and vegetable applications to will be released that can increase the productivity of the agriculture sector further – Tresó István, Agricultural Development...
Read moreThe Varga Winery closed a good year last year
The Varga Winery closed a good year last year: sales continued to increase by 21 percent in 2015, compared with the 12 percent in 2014. The amount increased from 11.8...
Read more
The Hortobágy fish farm increased its production
The Hortobágyi Halgazdaság Zrt. increased its production and sales this year – the CEO of the company told MTI on Tuesday. Simon Károly told that this year about 1,500 tons...
Read moreThe season preparations may start earlier for the tobacco producers
The season preparations may start earlier this year for the tobacco producers, compared to last year mainly in the eastern Hungarian region – the president of the Hungarian Tobacco Farmers...
Read more
US companies dominate the Top 100 rankings of Handelsblatt
US companies dominate the world's one hundred most valuable companies ranking list, compiled and published by the German financial newspaper Handelsblatt traditionally at the end of the year. In this...
Read more
Three charity actions in a value of 8.5 million HUF with the helping hand of ALDI
The ALDI Magyarország Élelmiszer Bt. launched numerous charitable actions in 2015, granting supports support for several socially important matters, at the same time provided an opportunity for its customers to...
Read more
Carrefour is expanding in Romania
Carrefour announced that the company took over 86 Billa supermarkets in Romania, acquiring the chain from its competitor Rewe group. The supermarkets have a total sales area of 83,000 square...
Read moreGerman GfK consumer sentiment index improved in January
The GfK economic research institute’s German consumer sentiment index for January increased compared to the previous month. According to GfK, the consumer sentiment index for January increased by 9.4 points...
Read more
The automatic tea maker remains popular
The automatic tea maker’s popularity is unbroken. Year after year, more and more people choose this stylish and durable kitchen machine as a Christmas surprise in Hungary. “The TM-8010 tea...
Read moreConstitutional protest was issued against the draft law restricting smoking in Romania
33 senators issued a constitutional protest against the draft law that would ban smoking in enclosed public areas in Romania – the Mediafax news agency published. Though earlier Klaus Iohannis...
Read more
Association of Hungarian Brewers: new members
The Association of Hungarian Brewers modified its articles of association in the second half of October, so that small and medium-sized Hungarian breweries can also become members. Heineken, Borsodi and...
Read more
