News and articles

6.1 percent more cereal crops harvested

6.1 percent more cereal crops, 7.2 million tons were harvested in Hungary in 2014 – on a 3.1 percent bigger area. 5.2 million tons of wheat was harvested, this is...

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Glass in favourable position

Glass is still a key packaging material in the manufacturing of canned products and alcoholic drinks, especially wines. The sector heavily relies on import. O-I Manufacturing Magyarország Üvegipari Kft. is...

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Good performance – with prices forced down

In the metal packaging market steel cans have the biggest, 70-percent market share. Aluminium solutions – including aerosol cans – represent only 10 percent of the market but they play...

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The European Commission expects slower economic growth in Hungary and lower deficits

According to the “winter economic forecast” of the European Commission (EC) in 2015 and in 2016, the European Commission expects slower economic growth in Hungary. The European Commission also lowered...

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The flat advertising tax would put more burden on the medium-sized media companies

A five percent tax on advertising would quarter RTL’s burden and would halve TV2’s burden, while the budget revenues will slightly decrease – Világgazdaság Online calculated. However, the smaller publishers...

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Expanding Hungarian presence at the world's largest fruit and vegetable trade fair

In addition to the national stand for the first time this year a group compresses more than seventy-Hungarian apricot growers will debut with a stand at the Fruit Logistica in...

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That is how the tobacco industry pays the health care tax

The Health Care Act on the health care tax of the tobacco companies is in force from 1 February 2015. Those who are affected should make the tax return until...

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Tesco, Baumax: Take until the stocks last!

There was a great uproar in front of the Tesco in Tolna, which is one of the 13 closing business. The customers practically cleared the shelves of the electronics department...

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Aegon Asset Management: the inflation will remain low in long-terms

The low inflation remains persistent in Europe and in Hungary, in fact, it is a global phenomenon virtually – was said on Wednesday at the Aegon Fund Management’s press conference...

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The online cash registers can be used again

The Ministry of National Economy proposes reasonable technical changes with respect to making the service sector online – was said at the professional conference of distributors, service providers and cash...

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The European cardholders prefer to spend their money, where they can pay with card

Allowing the credit card payments puts a substantial impact on the turnover of the small and medium-sized enterprises, according to the latest Visa Europe online survey carried out in five...

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Danone & Mars Partner on €120 Million Fund for Smallholder Farmers

Danone and Mars, Incorporated, two of the world’s leading food manufacturers, have announced the creation of an innovative investment fund aimed at helping companies to learn how to sustainably source...

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We can not avoid stress at work, but we can turn it into our favor

The Profession.hu’s Stress at Work survey showed that the vast majority of us used to be confronted with a stressful situation at work, but to more than half (58%) of...

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Even the NÉBIH was shocked

Due to serious hygiene irregularities, the operations of an animal by-products processing plant in Baranya County was suspended with immediate effect – the National Food Chain Safety Office (NÉBIH) told...

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Magazine: The aspects of health and wellness prevail in our diet

In Hungary, the majority of people consider themselves as overweight in some degree. Four in ten are on a slimming diet as well. Most of them are carrying out a...

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The spritzer is at risk

The excise duties on products containing grape wine and carbonated unflavoured waters decreased to zero in January, thus the way is opening for the manufacture and sale of bottled spritzers....

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“HUNGARIAN PRODUCT” Nonprofit Ltd.: professional event in the spirit of innovation

One of the main motto of the next EU budget period is innovation. The “HUNGARIAN PRODUCT Nonprofit Ltd.” held its first professional event in 2015 in the spirit of innovation....

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KSH: the fuels and manufactured goods pulled the retail trade in December

The retail sales continued to recover in December last year. The turnover was 5.6 percent higher than the calendar adjusted data of a year after the previous month's 5.1 percent...

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Analysts: the growth can be persistent in retail

According to analysts interviewed by MTI on Wednesday, the growth can be persistent in retail trade. Török Bálint, analyst of the Buda-Cash Brókerház Zrt. (Buda-Cash Brokerage House Ltd.) told MTI...

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The Hungarian Advertising Association urges a dialogue in the case of advertising tax

The Hungarian Advertising Association (MRSZ) calls the government for dialogue because of the changes in the tax on advertising. Lázár János, Minister leading the Prime Minister’s Office told MTI on...

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Thr retail sales increased in the EU in December

Last December, retail sales rose by 0.3 percent in the European Union (EU) and in the euro zone, compared to the previous month – the EU's statistical office, the Eurostat...

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Unique export successes in South Korea

The Hungarian companies achived unique export successes in South Korea – Magyar Levente Minister of State of the Foreign Trade and Foreign Affairs (KKM) announced on Wednesday in Budapest. Magyar...

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The Master Good Group increased its sales last year

The Kisvárda-based Master Good Group increased its net revenue last year by about twenty percent to almost 43 billion HUF – Bárány László, the owner of the poultry breeding, slaughtering...

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The Nánási merchandise received an EU award

The campaign facilitating to create the Nánási merchandise, first local trademark received the second prize of the EU's Common Agricultural Policy (CAP) communication award in Brussels. Szolláth Tibor (Fidesz) Mayor...

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Red Bull Pilvaker is here again

“Can you see this dance? Do yo hear the music? “- the Red Bull Pilvaker will be organized again on 15 March, where today's well-known rappers, musicians and actors will...

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The Hungarian beef will be exported to Hong Kong soon

The Hungarian beef can be exported to Hong Kong soon, after the local food safety authority has accepted teh necessary animal health guarantees – the Ministry of Agriculture (FM) told...

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The “Exporter of the Year 2014” awards were handed over

The Hungarian National Trading House organized the awards ceremony called the “Exporter of the Year 2014” on Wednesday afternoon. At the “Exporter of the Year 2014” competition the best performing...

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The best Furmint of 2013 was born in Nagy Eged

According to the communication of the Kovács Nimród Borászat (Kovács Nimród Winery), it is now two years since our 2011 vintage Nagy Eged Furmint won a Gold Medal and a...

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Magazine: Matchmaking at the highest level… because not only business success matters!

Managers often struggle with finding their partner in life: they are busy and don’t have time for themselves. Irina Beke is the owner of dating agency First Class and she...

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Amway reports sales of $10.8 billion for 2014

Amway today announced sales of $10.8 billion for the year ending Dec. 31, 2014. The result represents a decline of eight percent from 2013, due to lower revenues in China...

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