News and articles
Changes in the act on accounting
As of 1 January 2016 the Act on Accounting is amended. One of the most important new rules is that companies with a negative accumulated profit reserve won’t be allowed...
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WMF cookware in SPAR’s new loyalty programme
WMF ProfiSelect products are going to be in the limelight this November, in the new loyalty promotion of SPAR stores. Shoppers have to collect 30 stickers (they get one for...
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Mocca Negra – unusual and exclusive
Mocca Negra’s main concern is reflecting the image of the product, but they also make great efforts to fall in line with partner needs. The main development directions are the...
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New design for Anaconda Professional
Anaconda Professional cosmetics products got a completely new packaging design in 2015, which won them a special prize at HUNGAROPACK in the consumer and collective packaging category. Paqart Design Kft....
Read moreSzekszárd bottle stands for quality
From the middle of September almost 20 wines from the Szekszárd region are available in a special regional bottle. The shape and look of the bottle, which bears the logo...
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KSH: the income situation of the households improved last year
The income situation of the Hungarian households improved last year. The per capita annual average gross earnings increased by 3.8 percent, while the per capita annual average net earnings increased...
Read moreGKI: growth in the economy may be 2.7 percent this year and 2 percent next year
Compared to the previous month, the economic growth forecast of the GKI Economic Research Company has not changed: this year, the gross domestic product (GDP) is expected to increase by...
Read moreThe European Commission may scrutinize the entire tobacco system in Hungary
Brussels is preparing a possible investigation decision about the Hungarian tobacco supplier slower than the market had expected, so instead of the initial absence the Philip Morris Magyarország Kft. chose...
Read moreFazekas Sándor: the share of animal husbandry should be increased within agriculture
The retail price of pork products may decline from January, because the VAT on pig meat will be reduced from 27 percent to 5 percent – Fazekas Sándor Minister of...
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The legendary Coca-Cola Christmas Caravan is ready to go
The Coca-Cola Christmas Caravan will start a national tour again this year, in addition with the Coca-Cola Pop-up Store on board. Everyone can find iconic Coca-Cola Christmas gifts in the...
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The Food Bank gives help to about 40 thousand families during Christmas
The Hungarian Food Bank Association provides support to about 40 thousand families in need during Christmas, after last weekend the organization's volunteers collected 270 tons of food products. The amount...
Read moreDebrecen wine muster: the top wines were selected
Wines from Tokaj and Eger became the top wines of the 4th Wine Muster in Debrecen – was announced on Saturday afternoon in Debrecen. Kovács Pál, President of the Society...
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Praktiker benefited from the Black Friday
Praktiker has doubled its average daily turnover on 27 November during the Black Friday. The doors, kitchen cabinets, painter's ladders and the Christmas decorations were the most popular products. Praktiker...
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The Hungarian National Trading House has opened an office in Szabadka
The Hungarian National Trading House has opened its office in Szabadka, so the number of representatives in Serbia increased to three. The aim of the at the Hungarian National Trading...
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Star Wars madness expected before Christmas
According to an article published in USA Today, the 18 December US premiere of Star Wars 7 – The Force Awakens (Hungarian premiere: 17 December) will dominate in-store design solutions...
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Broadband development projects speeding up
Invitel subscribers can enjoy the advantages of the broadband optical fibre network sooner than scheduled. Deputy CEO Marianne Langsteiner informed that the network will be installed in 160,000 households –...
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All machines will be connected
Samsung’s estimation is that 100 percent of their new electronic products will be able to communicate with other machines by 2020. This means that washing machines and vacuum cleaners will...
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Bank card payment solution for free
Barion offers a free bank card payment solution to b2c retailers. Tamás Bíró, co-owner and marketing director of Barion Payment Zrt. told our magazine that retailers have to meet two...
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Aldi launches streaming service
Aldi starts its music streaming service in Germany: in cooperation with Napster, it launches Aldi Life Musik with a monthly subscription fee of EUR 7.99. Subscribers can choose from 34...
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Cellum’s new operating director
Cellum Global Zrt. appointed Ábel Garamhegyi as its operating director and deputy CEO from mid-September. The new executive left his vice presidential position at Belgian visual technology company Barco for...
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Computer matches T-shirts with potential buyers
Japanese fashion brand Uniqlo started using a system in its Sidney store, which was designed to match to match the right T-shirt to a person based on brainwave analysis. The...
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Magazine: Online invoices on NAV’s desk
From 1 January 2016 invoicing software need to have a ‘tax inspection data providing’ function. With this feature data can be exported to the National Tax and Customs Administration’s (NAV)...
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The trade association expects a longer shopping period and growing Christmas traffic
The National Retail Federation (OKSZ) expects a longer shopping period this year. The OKSZ expects a 5-6 percent more, 950 billion HUF more consumer spendings in December 2015, compared to...
Read moreNGM: rising real wages contributed to the growth of retail sales
September has been the 28th month in a row when the volume of retail sales increased in Hungary. The consecutive 28 month increase is primarily due to the rising inflation...
Read moreOne million Internet users would purchase on Black Friday
According to a survey, the fifth of Internet users aged 18-59 (about a million people) are planning to purchase during the “Black Friday” promotions. The “Black Friday” is the Friday...
Read moreCampaign to promote Hungarian fish consumption
A campaign to be launched to promote Hungarian fish consumption and to raise awareness to fish diversity and the huge variety of flavors According to the notice of the Prime...
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The best new wine of the year came from Balatonfőkajár
The shiraz rosé wine of the Balatonfőkajár-based Feind Winehouse achieved the best result at the 10th Hungarian New Wine Competition. The awards of the competition were handed over on Saturday....
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The Nébih examined grain balls
The National Food Chain Safety Office (Nébih) analyzed cocoa and chocolate-coated grain balls. Among the 21 products food security problem was found found at one case – the authorities notified...
Read moreThe Hungarian enterprises concluded contracts in Beijing in a value of almost two billion USD
Almost two billion USD worth contracts have been concluded between the leaders of Hungarian and Chinese companies on Thursday in Beijing in the presence of Szijjártó Péter Foreign Economic Relations...
Read moreNAV: the ekáer and the HU-GO helped to detect hundreds of millions HUF tax evasion
The electronic road freight traffic control system (ekáer) and the HU-GO electronic toll system data contributed to detect a hundreds of millions of HUF VAT fraud case – the National...
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