News and articles

MNKH: flagships sailing towards new horizons

Zsanett Ducsai-Oláh has been the CEO of the Hungarian National Trading House Zrt. (MNKH) since this spring. She told Trade magazin that MNKH’s primary objective is to assist internationally competitive...

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Tesco will not leave Central Europe

John Allan, the Chief Executive of the Tesco Group said that the shareholders have decided that the Tesco will not retire from Central Europe – Index wrote after Reuters. The...

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The renovated Klauzál square Market Hall opened its doors

On 2 October the renovated Klauzál square Market Hall opened its doors. The Market Hall aims to supply the population of the 7th District as well as to improve the...

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The renewed SPAR on the Klauzál square is waiting for its customers again

After a complete renovation, the SPAR supermarket opens its doors again in the renewed and modernized Klauzál- square market hall. The SPAR supermarket awaits its guests again with modern equipments...

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The Hungarian cabbage is increasingly popular in Europe

More and more European countries are looking for quality Hungarian brassicas. Experts expect an increase in domestic – health conscious – consumption as well as the incentive effect of the...

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NGM: the expansion of the food industry also contributed to foreign trade

Vehicle exports, as well as the performance expansion of the pharmaceutical and food industries also helped the foreign trade dynamics in the first seven months of 2015 – Marczinkó Zoltán...

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Deutsch Tamás proposes to reduce the VAT on Internet to 18 percent

Deutsch Tamás proposes to reduce the VAT on Internet from 27 percent to 18 percent, on the basis of the data of the results of national consultations on the Internet...

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Food Avalanche won the first prize for the most successful partnership cooperation

The Food Avalanche program of the Hungarian Food Bank Association and the Syngenta received the first prize in the category of the most successful partnerships at the Social Investment Awards...

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The Pécsi Cuvée and the Szekszárdi Bull's Blood have become the wines of the University of Pécs

The 2014 vintage “Pécsi cuvée” white wine of the Batthyány Cellar and the 2012 vintage ” Tüke Szekszárdi Bull's Blood” red wine of the Eszterbauer Kft. won this year's competition...

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The European Week of Bees: The humankind will starve without bees

If the bees become extinct,it will be the end of the human race – Szanyi Tibor, the MEP of MSZP told in Brussels as the host of the conference organized...

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Eight trucks of milk and four trucks of sugar were seized by the NAV

According to the data gathered so far the members of chain of groups cheated more than 700 million HUF VAT with trading milk, sugar and cooking oil. The finance officers...

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Heineken continues its expansion in India

Heineken has acquired a 3.21-percent share for USD 138 million in Indian company United Breweries Ltd. This brewery is the manufacturer of Kingfisher. The group now owns 42 percent of...

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Grocery retail in top form

In the December 2014-May 2015 period grocery retail sales amounted to HUF 750 billion in the 90 categories audited by Nielsen. In value sales were 4 percent higher than in...

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Magazine: What we are proud of

Cserszegi Fűszeres Made using reductive technology, this is a fragrant wine with characteristics similar to those made from Irsai Olivér grapes. A spicy, light and elegant wine, with harmonic acidity....

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Hungarian pork exports continue to grow in China

The Certification and Accreditation Administration of the People's Republic of China gave permission for another two Hungarian companies to deliver pork to China. The two companies are the Pick Szeged...

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The Bombasei Dekor Kft. is building a new factory in Szikszó

The Swiss-Hungarian the Bombasei Dekor Kft. is building a new factory in Szikszó. The foundation stone of the about 10 thousand square-meter hall was placed on Wednesday in Szikszó, Borsod-Abaúj-Zemplén...

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Fitch: the big emerging economies pull the world economy back

In its latest Global Economic Outlook (GEO) Fitch Ratings forecasts the global economy will grow by just 2.3% in 2015, the weakest since the global financial crisis in 2009, dragged...

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Hungarian food industrial exhibition in Rome

The Hu-Food Day took place at he Hungarian Academy in Rome (RMA) in the Italian capital on Thursday. The goal of the Hu-Food Day was to present yet unknown or...

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The Nébih tested special salts

The National Food Chain Safety Office (Nébih) tested special salts – for example, iodinated, fluorinated or reduced sodium content salts. As the result of the investigation public proceedings were initated...

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GfK: the mobile internet is spreading rapidly

Internet usage on phone or tablet is increasingly shifting towards mobile internet technology; Last year, 23 percent of users have used most of this modality, and the stationary wifi hotspots...

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Increasing Purchasing Managers' Index

The seasonally adjusted value of the Purchasing Managers' Index (PMI) was 55.8 points in September, 4.8 percentage points higher than in August. The respondents evaluated the economic processes more favorable...

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Consumer protection fines may decrease if the company is trying to comply with the law

The Competition Authority (GVH) can soften the fines in consumer protection cases, if the business justify its substantive efforts to ensure regulatory compliance – the Hungarian Competition Authority (GVH) on...

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The VAT on several basic foods will decrease in Slovakia from January

From next January, the VAT on several basic foods will decrease in Slovakia from 20 percent to 10 percent – the bill was approved on Thursday by the parliament. The...

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Eurostat: for 2080 almost one third of the EU's population of will be over 65

The European Union (EU) population is steadily aging. While in 2014, 18.5 percent of the total population was over 65, by 2080 this proportion is expected to reach 30 percent...

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Global Chefs Challenge competition

he Global Chefs Challenge is where the worlds best chefs meet to compete. The competition is held in three different categories, Global Chefs, Global Pastry Chefs and Young Chefs Challenge...

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Cheese to be made from powdered milk in Italy too?

The European Commission would like Italy to end the ban on the use of milk powder, condensed milk and reconstituted milk in manufacturing cheese and other dairy products. The Italian...

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Non-salary benefits

For benefits offered as a package the so-called ‘HUF 500,000 rule’ is discontinued and the concept of the framework sum is introduced, together with the recreational framework sum. In the...

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European standards

On 12 June 2015 the government issued decree 1387/2015 (VI. 12.) on the usage of International Financial Reporting Standards (IFRS) for annual reporting purposes in Hungary. The standards will be...

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Duel cocoa powders put a unique innovation

Marvorino Magyarország Kft., the manufacturer of Duel cocoa powders put a unique innovation on the Hungarian market. The compnay’s new cocoa powders, available in three flavours – orange, banana, strawberry...

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Magazine: Playing the wrong part

Sorry, this entry is only available in HU....

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