News and articles

Food Export Conference in the Ministry of Agriculture

On 13 May 2015, a major Food Export Conference conference will be held in Budapest with the lecturers of the Foreign Trade and Foreign Affairs Ministry, the Ministry of Agriculture,...

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Sopron is the newest stage of the Country Picnic

Yesterday, the Guild of Hungarian Caterers arrived to Sopron within the “Country Picnic in the Countryside”. program. At the Information Forum, local hospitality professionals and business owners took part. Kovács...

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Spice feast and wine festival in Pécs

The gastronomy, the flavors, the fragrances and the music is the focus of the Wine, Rapture, Pécs event, which includes the Spice Feast as well. The event lasts until Sunday....

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Retail sales expanded significantly in the Czech Republic

In March 2015, retail sales increased significantly in the Czech Republic, by 5.9 percent on an annual basis. The increase in February was 6.3 percent. The growth rate of the...

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European Commission approval for Jacobs Douwe Egberts deal

Mondelez International (NASDAQ:MDLZ) and D.E. Master Blenders (OTC:DEMBF) land conditional approval from the European Commission on their proposed merger after agreeing to divest a few brands in certain regions. The...

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Henkel reports good start to fiscal 2015

“In a challenging environment, Henkel delivered a strong performance in the first quarter and had a good start to the fiscal year 2015. We again increased both sales and earnings....

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The Day of Balaton will be the opening day of the beach season

From now, the Day of Balaton will be the opening day of the beach season, which will be held on the first Friday when the temperature of the lake reaches...

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Well-organised fleets

Tímea Pesti, the commercial director of LeasePlan Hungária Zrt. informed Trade magazin that the commercial vehicle market has finally started growing. In 2010 new vehicle sales a hit a nadir...

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KSH: the increase in retail sales lasts longer

The retail sales in March rose by 6.5 percent, while in the first quarter increased by 7.0 percent, compared with the same period of the last year – the first...

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The income growth may offset by the negative impact of the Sunday store closure

Although the Sunday store closure can cause temporary fluctuations in retail, the substantial increase in income can fully offset the negative impact of the Sunday store closure – Suppan Gergely,...

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300 billion HUF development resources to renew the food industry

About 300 billion HUF development funds can be used for the renewal of the food industry, on the basis of the soon to be adopted Food Industry Development Strategy –...

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Professional organizations are calling for negotiations about the advertising tax

The professional organizations continue to call for negotiations about the advertising tax, and asks the government to consider the termination of the tax due to its adverse economic impact –...

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Authentication trade marks on an upward track

Nothing proves better the potential in social marketing as the high popularity of the authentication trade marks of the “MAGYAR TERMÉK” Nonprofit Kft. (“HUNGARIAN PRODUCT” Nonprofit Ltd.). In addition its...

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Hungary’s first North American trading house was opened in New York

The Hungarian government in the new EU development cycle lasts until 2020 puts a highert han ever emphasis to strengthen the corporate sector. MTI Photo: Pogár Demeter The North American...

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Equilor: 3.1 percent GDP growth for this year and 2.7 percent GDP growth for the next year

The Equilor Befektetési Zrt. investment company amended this year's gross domestic product (GDP) growth forecast upwards, from 2.7 percent to 3.1 percent for this year. The company expects a 2.7...

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About half of the top 100 media companies will be obliged to pay tax after advertising revenues

According to the 2013 data of Whitereport (WR) Ad Upgrade, about half of the classic media companies will be obliged to pay tax after advertising revenues, if the proposed amendment...

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Nébih: coordinated nationwide inspection to filter out the fake primary producers

The agriculture specialists of the county government offices held a nationwide inspection, coordinated by the National Food Chain Safety Office (Nébih) – the Nébih told MTI on Wednesday. During the...

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Magazine: Many development programmes will be announced early summer

In the 2014-2020 EU budgetary period development policy must focus on employment and competitiveness. If all programmes are considered, Hungary is entitled to HUF 12,000 billion worth of European Union...

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Romanian retail sales increased by three percent in the first quarter

According to the raw and calendar adjusted data, the volume of the Romanian retail sales increased by three percent in the first quarter of 2015, compared to the same period...

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Expo Milano is launching its programs

Promising excitement, information, and local culinary specialties, the Kazakhstan Pavilion at Expo Milano 2015 has inaugurated its multi-media exhibition, which is dedicated to the country’s agricultural, environmental, and cultural prowess,...

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May is here, and Belgian Beerfestival, too!

The 6th annual Belgian Beer Festival is here! Beer lovers can taste over 190 different types of Belgian beer from 35 breweries. The festival's venue is Bálna, Budapest's newest state-of-the-art...

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NÉBIH connects to the electronic payment and accounting system

NÉBIH completed its project for joining the electronic payment and accounting system. Thanks to this payment is now also possible with bank card, online bank card and via the home...

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Magazin: One pair, two pairs, grill

ming more and more popular, the market keeps expanding and the product selection is growing. Tamás Kováts, sales director of ZIMBO Perbál Kft. told our magazine that consumers like trying...

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One thousands small grocery stores disappeared in a year

A total of 17,729 general food stores were operating in Hungary at the beginning of this year. In January 2014 their number was 18,679. This means a 5 percent decline....

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Amendment in the advertising tax

The tax on advertising to be amended. According to the amendment, the amount of tax will be 0 to 100 million HUF and 5.3 percent above 100 million HUF. According...

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The 17 years old Auchan Magyarország surprised its customers with hundreds of prizes

This year the Auchan Magyarország is celebrating its 17th birthday with a variety of programs and prize games for its customers from 30 April to 3 June 2015. The prizes...

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The SPAR was given the disability-friendly recognition again

The SPAR Magyarország Kereskedelmi Kft. received the Disability Friendly Employer on March 26 this year for the third time after 2010 and 2012, so the company can use the Disability...

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Heineken to be tapped by the guests this summer

Heineken this summer puts the key into the hands of the consumers: with the help of skilled masters of tapping anyone can tap the world's most popular premium beer. Heineken’s...

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One in five supermarket scales measure more

According to the inspectors of the National Consumer Protection Authority (NFH), one in five supermarket scales measure more. This ratio at smaller shops is: every fourth – the NFH told...

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Cereals became 3 percent cheaper in April

Hungarian cereals became 3 percent cheaper in April on average, compared with March 2015 at the Magro.hu online agricultural marketplace. The Magro Wheat Index (MGX) indicating the combined value of...

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