News and articles

The Dove gives compliments to the women of Budapest

Dove’s local research has shown that women will feel beautiful when they get compliments. Therefore Dove this year aims to strengthen the confidence of the Hungarian ladies with events, movies...

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A record amount of cooking oil was recollected during the campaign MOL

MOL’s “Thanks for the oil, we offer you a party!” campaign has ended. The main prizes, a grand street parade was won by Budapest, Szeged and Miskolc. During the promotional...

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One and a half tons of foie gras was consumed at the 5th Foie Gras Festival

More than 14 thousand visitors, 1.5 tonnes of foie gras, 1 ton of goose meat, 600 kilograms of thigh was consumed at the 5th Foie Gras Festival. The 5th Foie...

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Another cartel case in the German food industry

The German Cartel Office is investigating on the sausages market this time after the investigations on the chocolate and potato market – the Süddeutsche Zeitung wrote. About two dozens of...

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Fifty-producers at the eco fair in Veszprém

Fifty-producers will offer their products at the eco fair in Veszprém on 28 September at the Historia Garden – the Nettle Environment and Nature Protection Society informed MTI on Monday....

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Budapest appreciated thanks to the low cost flights

Budapest appreciated: Hungary’s capital has been included among Europe's ten most attractive tourist destinations. Budapest has popularity especially among the foreign young people – the head of one of the...

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Tobacconists are panicking that they shouléd indicate the price of cigarettes per pieces

A minor panic broke out among the tobacconists, since some news spread that the consumer protection agency fines if tobacconist do not indicate the price per cigarette. The National Tobacco...

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The key objective of rural development will be a build-up Short Food Supply Chains

One of the priorities of rural development is the establishment of Short Food Supply Chains in the EU budgetary period between 2014-2020, which means the reduction of the distance between...

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The OTP would increase its agricultural credit placements by an annual average of 10-15 percent

The OTP Bank aims to become a leader in the agricultural lending market in the following years. The bank would increase its agricultural credit placements by an annual average of...

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The first Bonbonetti confectionery shop in Budapest has been opened

Year 2013 was significant for the Bonbonetti Group. The technology investments and developments have started in the Budapest-based factory of the group as the result of the strategic agreement with...

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Borsodi beer can shaped birthday cake at the opening ceremony of the Borsodi Beer Festival in Miskolc

Until now, 80 million hectoliters were brewed at the Borsodi Brewery. The company is celebrating its 40th anniversary this year. During the 40 years, the company paid 3.5 billion HUF...

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According to the Hungarian government, the retail surplus tax did not violate the directive on Value Added Tax

The Government argues that the burden on retail activity violated the directive on the common value added tax, because the tax does not present any of the four characteristics of...

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HENT: counterfeiting causes a serious damage to the quarter of the companies

In Hungary, a quarter of firms are badly affected by counterfeiting, but most of them are doing nothing to prevent it – the recent research of the National Anti-Counterfeiting Committee...

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FM Logistic starts the operations for Auchan in Hungary

Due to FM Logistic and Auchan partnership for several years in the world, in countries like Russia, Poland, China, France and recently in Hungary, FM Logistic is strengthening its position...

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Fish production: the target is 30 thousand tons

The task is to increase the current annual 20 thousand tons of fish production in Hungary to 30 thousand tons gradually. EU support can be also used as well –...

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Fazekas Sándor appointed a Ministerial Commissioner responsible for the renewal of the grape and wine industry

Fazekas Sándor Minister for Rural Development appointed Kiss Eliza to Ministerial Commissioner, who will be responsible for the renewal of the wine communities and for the development of the grape...

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Tradition making Catfish Festival in Fonyód

The Catfish Festival promoting fish consumption and the protection of living waters will be held for the first time in Fonyód with culinary experiences, free cultural and entertainment programs, cooking...

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Analysts expect growing retail trade

Analysts, interviewed by MTI expect growing retail trade. The National Economy Ministry shares the same view. According to the Wednesday report of the Central Statistics Office (KSH), the calendar-adjusted volume...

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Hungary is 63rd in the competitiveness rankings

Hungary is 63rd in the World Economic Forum’s (WEF) Global Competitiveness rankings published every year. The 63rd place is three places lower than in the last year – the Kopint-Tárki...

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The special retail tax does not discriminate foreign companies, but can harm the EU’s VAT directive

According to the Competent Advocate General of the European Court of Justice, the special tax, imposed on retail companies in Hungary does not discriminate the foreign companies, however, it can...

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Euro zone’s GDP increased in the second quarter

Compared to the first quarter, Euro zone’s GDP increased in the second quarter, while it was decreased compared to a year earlier – the EU's statistical office, the Eurostat published...

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The Mobile Wallet is the most important ICT project of the year

The ICT industry awarded the most outstanding professionals, the projects and the products. The Mobile Wallet (MobilTárca) won the ITBusiness Leadership Award in the project development category – the Hungarian...

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Hungarian pepper cultivation faces growth

The Hungarian pepper cultivation has positive outlooks. The 170 thousand tons of production may rise further next year. The development supports and the use of thermal energy can help to...

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(HU) A Praktiker magyarországi áruházai továbbra is működnek

“The bankruptcy of Praktiker AG will not affect the operation of the Hungarian Praktiker stores. Within the Praktiker corporation, the foreign subsidiaries are belonging to the operational scope of the...

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Girls love Lego

Lego sales have grown in the first half of this year, mainly due to the market success of the building blocks especially designed for girls. The Danish toy manufacturer announced...

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Beijing’s subway lets you pay with PET-bottles

Beijing’s subway line 10 has introduced reverse vending machines which allow travellers to offset their transit costs by recycling. Recycling for a reward. The manufacturer of the machines, Incom says...

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KSH: GDP grew by 0.5 percent in the second quarter

The gross domestic product (GDP) increased by 0.5 percent in the second quarter of this year, compared to the same period of the previous year and increased by 0.1 percent,...

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Analysts say that the increase in investment and consumption is encouraging

The second-quarter increase in investment and consumption is an encouraging sign – analysts of MKB at ING said. However, the analysts called attention to the fact, that the momentum in...

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KSH: retail sales volumes rose by 1.2 percent in July

In July, the calendar-adjusted volume of retail sales rose by 1.2 percent, compared to the same period of the last year – the Central Statistical Office (KSH) announced on Wednesday...

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This year 78 applications won a Hungarian Quality Product Award

This year, 78 applications of 65 companies won the Hungarian Quality Product Award, that was allocated for the 16th time. The recognition were handed over in the Parliament on Wednesday....

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