News and articles
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...
Read moreEquilor: 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...
Read moreRomanian 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...
Read moreCereals 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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Hungarian success at the Czech wine competition
Hungarian wines are participating at the Czech Republic’s major international wine competition, the Grand Prix Vinex for two year. An outstanding success born this year. The Tokaj Trading House’s Grand...
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Bankmonitor: The savings of the Hungarians are below the Western European average
On average, Hungarians have savings of 2.1 million HUF per capita. This amount is significantly below the Western European average of 23.9 million HUF and significantly lower than the Central...
Read moreThe majority of SMEs do not plan any staff increase
Only around one in six domestic SMEs plans new recruitment of workers, while the majority of businesses expect stagnation in the number of the staff. Thus, spectacular growth in employment...
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160-180 billion forint investment is necessary in the fruit-vegetable sector
In the next 6-8 years Hungary needs to invest HUF 160-180 billion in fruit and vegetable growing and processing if it wants to make products competitive in the market. FruitVeb...
Read moreDebrecen-seated Civita Food also sells in London
Civita Food Kft. started selling its GMO- and gluten-free products in London. The company is building its own distribution network that covers the area from the UK to Estonia. Civita...
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Pikopack’s two-billion-forint investment
Füzesabony packaging company Pikopack Zrt. invested HUF 2 billion in building a packaging technology centre, which has a production line capable of vegetable processing and manufacturing groceries and pet food....
Read moreThe GKI expects accelerating consumption and stagnation in investment
According to the forecast of the GKI Gazdaságkutató Zrt. (GKI Economic Research Co.), the growth was exceptionally fast temporarily in 2014: 3.6 percent. However the Hungarian economy was not able...
Read moreNGM: the demand supports the strengthening of foreign trade
Behind the upturn in foreign trade the strengthening of external and domestic demand can be both observed – the Ministry of National Economy (NGM) commented to the report of the...
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KSH: the trade surplus continued to rise in February
In February, exports in euros increased by 6.0, while imports rose by by 6.1 percent compared with the previous year. The trade balance surplus increased by 41 million euros to...
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Five Central and Eastern European countries call for joint action against VAT fraud
Five Central and Eastern European countries call for joint action against VAT fraud, among other things, to extend reverse VAT – Varga Mihály, Minister of National Economy (NGM) told MTI....
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The P & G and Auchan launched a joint charity program for the children in need
The Procter & Gamble and Auchan launched a joint charitable program to improve the daily lives of the residents of the SOS Children's Village and four other children homes and...
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The Turkish cultural center organizes culinary months in Budapest
Café evening, cooking courses and culinary street festival are also included to the programs of the thematic culinary month of the Yunus Emre Enstitüsü Turkish Cultural Center. The thematic culinary...
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