News and articles
Confusion about the VAT payment date rules
It is not the payment deadline as contained in 58. § (1) of the VAT Act but the last day of the settlement or payment period that shall apply for...
Read moreGood start of the year for Kométa 99
n the 1st quarter of 2015 Kométa 99 Zrt.’s net sales reached HUF 7.3 billion – back in the 1st quarter of 2014 the company’s performance was HUF 5.5 billion....
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Concentration in retail sales
Retail sales of processed meat exceeded HUF 79 billion in the first 4 months of the year. Sales grew 2 percent from January-April 2014. From this turnover salami’s share was...
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Budget approved in the spirit of stability and predictability
The Hungarian parliament has given the green light to the 2016 budget, the main objectives of which are the protection of jobs, tax reduction and creating a stable and predictable...
Read moreFree trade agreement: the Hungarian food may win
Hungary will win on the world markets with the flavor of its foods. After the signing of the free trade agreement Hungary can even defeat America – Vadász György executive...
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Nielsen: the consumer confidence index declined by two points
The consumer confidence index decreased to 55 points in the second quarter in Hungary, compared to the 57 points of the first quarter. But it is still more than the...
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Food should be traceable from the farm to the table
The Association for GMO-free Hungary seeks to make each element of the production transparent among its members – the president of the organization told M1 news channel on Sunday. Zászlós...
Read moreThe Varga Winery carries out a four hundred million HUF investment
This year, the Varga Winery will increase its grape processing and fermentation capacity – the company told MTI on Tuesday. According to the information, in the cellars in Badacsonyörs, Feldebrő...
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Prime Minister’s Office: about 18 billion HUF for the purchase of gardening equipments
The Prime Minister's Office supports the purchase of energy efficient and environmentally friendly gardening equipments in a value of 18 billion HUF. The Prime Minister's Office supported 1800 requests on...
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The Kreinbacher Estate was awarded at the world championship of champagnes
The Somló-based Kreinbacher Estate was awarded with three medals at the world championship of champagnes – the company told MTI on Tuesday. According to the information, the Somlói Furmint champagnes...
Read moreThe minister has determined the cost of replanting rights
From the national reserves vineyard replanting rights can be purchased for 50 – 150 thousand forints per hectare – the regulation of the Minister of Agriculture was published in the...
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Billions were invested into the meat factory in Pápa
It seems that the government and the local government of Pápa invested billions of forints of public money to rescue the local meat plant in vain. The company was unable...
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The PET cup ended with the collection of two and a half tons of waste
The PET cup cleared the Tisza River from two and a half tons, more than 30 thousand plastic bottles and other debris. This year a record number of participants took...
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Sheep cooking and Székely dishes at the Bukovina folklore festival
In addition to the Székely (Szekler) culture the Bukovina Meetings XXVI. International Folklore Festival will also give you a taste of Kunsági traditions. At the event in Bonyhád traditional ensembles...
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Within a few years the reduced deuterium content preparation can be an anti-cancer drug
The AHYD Rákkutató és Gyógyszerfejlesztő Kft. (AHYD Cancer Research and Drug Development Ltd.) has taken another significant step towards the registration of the reduced deuterium content water (DDW) as an...
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High-quality melons to the Hungarian consumers: branding helps
Smaller than average, but very juicy Hungarian melon can be bought this year. Half of the crop comes from Békés. The total area of melon cultivation is 6 thousand hectares....
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2,500 types of products in the school starting offer of Auchan
Auchan awaits its customers with a wide selection of products in the pre-school starting period. The stores offer about 2,500 kinds of supplies for learning in the season. In the...
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The aid agencies were given five truckloads of NaturAqua
The Coca-Cola HBC Magyarország donated nearly 70 thousand bottles of mineral waters to the Pest County Organisation of the Hungarian Red Cross, to the Hungarian Baptist Aid and to the...
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NGM: the government considers the small and medium-sized enterprises as strategic partners
The government considers the small and medium-sized enterprises as strategic partners. As a sign, the SMEs have benefited several tax incentives since 2011. Pankucsi Zoltán, Deputy Minister of State for...
Read moreTourist accommodation development in the pálinka distillery in Tuzsér
The Gyümölcspárlat Bt. built accommodations with a fifty million HUF EU and domestic investment at the site of the pálinka distillery in Tuzsér, Szabolcs-Szatmár-Bereg county. The investment was handed over...
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Sobriety was rewarded with beer
The Veszprém County Police Headquarters and Dreher Breweries held a special action in Balatonfüred. The police breathalyzed nearly 250 drivers on the busiest motorway of Lake Balaton’s north coast. Those...
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Irrigation was developed at the Harangod-Mag company group
Glattfelder Béla, Minister of State for the Ministry of National Economy stressed the importance of irrigation in Megyaszó, Borsod-Abaúj-Zemplén county where the irrigation plant of the Harangod-Mag Kft. was handed...
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Johnnie Walker's “Do not drink if you drive” campaign is 10 years old
Johnnie Walker celebrates the tenth anniversary of its “Do not drink if you drive” initiative this year in Hungary. Until now, 25 thousand people have joined to the campaign on...
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The world's largest pretzel was baked at the Medieval Festival in Segesvár
The world's largest pretzel was baked at the 23rd Segesvár Medieval Festival. The pastry was given the “Food of the Giants” name. The lenght of the pretzel reached 64 meters....
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Amazon overtakes Wal-Mart
Amazon reported a profit of $92 million, or 19 cents per share, for the second quarter ended June 30, compared with a loss of $126 million, or 27 cents per...
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The German business sentiment index has improved
Contrary to the expectations, the German business sentiment index of the Munich-based ifo Institute for Economic Research improved in July – according to ifo’s report sent to MTI. In July,...
Read moreWe can provide data faster
IT Business Partner Ákos Kontár told our magazine that Borsodi Brewery decided to outsource several IT tasks. Being part of the group Molson Coors Europe, the company has adopted a...
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E-commerce boom
According to GfK’s E-commerce Report, Hungarian online shops took and delivered 88 percent of orders – foreign web shops’ share was a mere 12 percent. eNET data shows that 2014...
Read moreDevelopment projects for the comfort of customers
The last major IT project from Auchan was developing the CRM system that runs the Loyalty Card programme. This work was completed by the end of 2014. IT director Lajos...
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