News and articles

Inflation in the euro zone declined slightly in June

In June, inflation in the euro zone declined slightly, but remained positive – the EU's statistical office, the Eurostat announced on Tuesday. According to preliminary data, consumer prices in the...

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German retail sales decreased in May

Instead of the expected growth, retail sales in Germany declined in May, compared with a year before – the German federal statistics office the Destatis announced on Tuesday. According to...

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Misinterpreted collection flat rate

According to MAZARS, probably only the modification of the new Civil Code will solve the problem caused by the misinterpretation that affects tens of thousands Hungarian companies, making it obligatory...

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Laurel is expanding its portfolio

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NGM: ekáer has a positive effect on VAT revenues

In the first five months, the Value Added Tax revenues increased by 7 percent, by 84 billion HUF. In addition to the economic growth, the use of online cash registers,...

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The rejected tobacco companies asks the ministry to reconsider their offer

The three tobacco companies which made an offer to take the supply of tobacco retailers in Hungary asks the ministry to reconsider their offer. The ministry previously rejected their offer....

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The EU eggs are in competitive disadvantage

The egg market of the European Union is in a competitive disadvantage, compare to countries producing eggs with lower levels of food safety and animal welfare standards. Therefore, at the...

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The FM favors the small farms

The strategic cooperation of the Ministry of Agriculture (FM) and the Hungarian Farmers' Societies and Co-operatives (MAGOSZ) enhances the opening towards small farms – Nagy István, the Minister of State...

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The ministry encourages the purchase of Hungarian melon

From next week, a large amount of Hungarian watermelon will appear on the market, so the Ministry of Agriculture (FM) urges consumers to choose Hungarian melon, instead of Greek imports...

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The producers are facing with low cherry prices

According to the producers, the tin factories offer price for cherry that is below the cost price. The Hungarian and the German export market is stagnating as well – Világgazdaság...

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Renewed medicine distribution in dm stores

This year, the drugstore chain distributes medicines with new sales items. Due to the change in the aesthetic placement, the sales of products and the process has been simplified. In...

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The winter wheat harvest may begin at the end of the week

The rainy weather of the recent days caused a slight delay in the beginning of the harvest, but the winter wheat harvest may begin at the end of the week...

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Tenders spun up the bakery machine market

The distributors of the bakery, confectionery – machinery closed an outstanding year in 2014. The total market turnover was more than four billion HUF in 2014 – said Kocsis Csaba,...

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A Hungarian website offered more than one hundred types of fake medicines

Within the international Pangea action a Hungarian website was detected that was offering more than one hundred types of counterfeit medicines. All of the medicines were fake, dummy, or illegal....

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The Kanizsa Trend Kft. significantly increases its capacity

The Kanizsa Trend Kft. intends to expand the number of manufactured furniture and thus the revenues as well. The Kanizsa Trend Kft. is the Hungarian market leader of upholstered furniture....

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Why food becomes moldy?

People think that mold on foods are due to inadequate cleanliness and hygiene. Nowadays, however, the common belief came to light that mold in foods are natural. That is how...

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Dietary supplements: fighting fatigue and strengthening the immune system

According to the results of the Ipsos health survey, published in spring 2014, one quarter of Hungary’s population think of themselves as fit. 30 percent of men and 19 percent...

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More drink cartons recycled

According to the Drink Carton Environmental Association (IKSZ), last year the proportion of recycled drink cartons increased to 23 percent in Hungary. This means that last year 2,700 tons of...

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Tolerated specialists

Demand is increasing for functional food products with a special composition – the main buyers of these groceries are people suffering from some kind of food intolerance and health conscious...

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FM: a central authority responsible for food safety is needed

The results of the past years have shown that there is a need for a central authority, which is responsible for the food safety of the food chain – Bognár...

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The unified packaging of cigarette products would be introduced from next May

The provision that provides uniform packaging for tobacco products may enter into force on 20 May next year – according to a draft, published on the website of the government....

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FruitVeB: a part of this year's watermelon crop will be exported

This year's watermelon crop will be around 220-240 thousand tons. A part of it will be exported – Ledó Ferenc told M1 news channel on Sunday. Ledó Ferenc president of...

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New sales and marketing executives at the Coca-Cola HBC Magyarország

The senior management of the Coca-Cola HBC Magyarország Kft. has been renewed: Békefi László cotinues his career as Commercial Director, Galántai György as Sales Director and Bányi Kata as a...

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Russia responds to the extension of the sanctions with the tighter control of foodstuffs

Russia tightens the control of imported foods and banning the channels of imports, where the products affected by the entry ban can enter the country. The move can be an...

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The Hungarian Post starts to distribute personal loans

The Hungarian Post (Magyar Posta) starts to distribute personal loans – the company confirmed to MTI. In the latest issue of the Heti Válasz weekly Szarka Zsolt CEO announced that...

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Pekó László was given Cooperative Order of Merit recognition

Pekó László was awarded an “OSZT Cooperative Order of Merit” recognition on the occasion of the International Co-operative Day. The National Cooperative Council recognized the outstanding work of the head...

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A huge increase in the EU-China trade turnover

In the last decade, a significant increase occured in the trade turnover of goods and services between the European Union and China – according to Eurostat’s communication released on Friday....

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The Balaton Fish and Wine Festival has started

On Friday, President Áder János opened the Balaton Fish and Wine Festival. The series of events involve four lakeside settlements and last until Sunday. President Áder János at the opening...

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Cherry: the panacea of athletes and those who want to loose weight

The deep red colored and tangy fruit has many positive attributes. There are several scientific evidences about its benefits on health. The cherry is an excellent choice for both athletes...

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International joint tender to reboost silkworm breeding

A Hungarian-Italian-Slovenian company submitted international research proposals to reboost silkworm breeding. The company is willing to won EU fund. The world price of silk is increasing. In China the silkworms...

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