News and articles
The NAV launched an investigation against VAT frauder meat distributor companies
The National Tax and Customs Administration (NAV) launched an investigation against Hungarian and Slovak VAT frauder meat distributor companies. According to the tax authorities, the investigation was launched after checking...
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21 Székesfehérvár-based companies are supporting the Community Value Creation Program
When it was started in 2013, ten enterprises were involved in the Community Value Creation (KÉPES) Program in Székesfehérvár, now 21 locally-based companies are supporting the pioneering social responsibility community...
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New lending scheme from OTP Business to help enterprises
OTP Business worked out a new lending scheme which targets small and medium-sized enterprises (SMEs). ‘OTP Business 250 Lending Scheme’ offers various types of loans from HUF 10 million to...
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Iveco Roadshow 2015 – with lots of new highlights and superb offers
Last October DanubeTruck Magyarország Kft. invited partners to Budapest, 1117 Hunyadi János Road 6 to introduce the company – by means of spectacular programmes and many great initiatives. This time...
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More thorough transfer price checks
According to audit and tax consulting firm Baker Tilly Hungária’s latest report, last year the tax authorities performed more transfer price inspections than in the previous years. Transfer price errors...
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Food retail sales to grow this year
Food retail sales grew again both in value and volume. The shops reached revenues of around 490 billion HUF between December 2014 and March 2015 in the Ninety categories measured...
Read moreIn the past two years the number of online shoppers has increased tenfold in Hungary
The proportion of online purchases is strongly rising in Hungary: in 2014 almost the quarter of the households purchased daily consumer goods online at least once. The best-selling products on...
Read moreThe growth of the digital advertising market is slowing
The growth of the digital advertising market decelerated in the first quarter – the statement of the Interactive Advertising Bureau (IAB) reveals. According to the data, in the first three...
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Twenty billion HUF to the wine sector by 2020
The Hungarian wine industry receives twenty billion HUF until 2020 – Kis Miklós Zsolt, Minister of State of the Prime Minister's Office announced on Friday in Jakabszállás. Kis Miklós Zsolt...
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Sali-Buli for health conscious nutrition
The first Sali-Buli (Salad-Party) awaited the health conscious visitors with music, puppet theater, and free, personalized advices on nutrition. The organizers offered the full amount that flowed from the event...
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The winners of the “Tesco for the Animals” contest will be given nearly 10 million HUF donations
The “Tesco for the Animals” contest, ended on 31 March 31. The contest aimed to spread knowledge and to raise the awareness of the pupils of primary schools to responsible...
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A three-day long Agricultural Expo in Pápa
The 19th Agricultural Expo in Pápa opened its gates within a three-day series of programs. About one hundred twenty winemakers, food producers, machinery dealers will be presented and exchange professional...
Read more42 percent of US bee colonies died in the past one year
More than two out of five American honeybee colonies died in the past year, and surprisingly the worst die-off was in the summer – according to a federal survey. Since...
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A thousand euros donkey cheese was produced in Serbia
A Serbian producer offers its donkey cheese for a surprisingly high price, for one thousand euros per kilogramme. The staff of the Zasavica-based plant told MTI that the donkey cheeses...
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Suzuki Hungary appoints new CEO
As of 14 April 60-year-old Naoyuki Takeuchi is the CEO of Magyar Suzuki Zrt. Former CEO Ryoichi Oura continues work as head of production. The new CEO earned a degree...
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The EKÁER system in practice
As of 1 March the Electronic Freight Goods Tracking System (EKÁER) has been operational. In the last days of February the legislators reworked the regulation, making changes based on the...
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Magazine: Mixed flavours are flying high
Fruit juice sales have been growing for many years. The key drivers behind the 7-percent volume sales growth and the 12-percent increase in value sales were the following: willingness to...
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KSH: agricultural producer prices continued to decline in March
The price of plant products was 9.1 percent lower, while the price of live animals and animal products was 6.6 percent cheaper in March, so the agricultural producer prices were...
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The supply of MOL Shops is expanding
The fuel stations are the winners of the mandatory Sunday store closure. According to the law, the shops of the fuel stations can remain open, when the big stores cannot...
Read moreSABMiller, the parent company of the Dreher Breweries closed a great year
The SABMiller strengthened its positionon on the international beer market with 5 percent. The Dreher Breweries contributed to the growth with a 1.3 percent traffic growth. SABMiller has released the...
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Shrinking financial expectations for the SME sector
The sales revenue and profit expectations of the domestic SME managers have significantly declined since the end of last year. The domestic SME managers expect a 4 percent increase in...
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Bankruptcy at the Surjány Hús Kft.
The Törökszentmiklós-based Surjány Hús Kft. declared bankruptcy – Origo wrote. The company is unable to pay wages to its employees, due to the lack of funds. On 13 May the...
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Several thousand people took part at the 6th half marathon of the Szekszárd wine region
More than three thousand people took part at the 6th half marathon of the Szekszárd wine region during the weekend in Szekszárd. The city's mayor told that the event became...
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The NAV destroyed five tons of eggs
The ekáer inspectors of the National Tax and Customs Authority checked a truck carrying 80 thousand eggs near Rajka. The consignment had no ekáer (Electronic road freight traffic control system)...
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The Hungarian National Trading House opened its local office in Tel Aviv
The local office of the Hungarian National Trading House in Tel Aviv was opened on Wednesday, in the center of technology of the Middle East region. This Hungarian National Trading...
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New Directors at the Hungexpo Zrt.
Under the decision of the management new Directors will take over the commercial manager responsibilities at the Hungexpo Zrt.. The Director of the B2B exhibition business branch will be Szilvási...
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About 115 thousand people will join to the TeSzedd! action
About 115 thousand people will join to the Pick it up! – Volunteers for Clean Hungary! action – Papp Nóra, press officer of the National Waste Management Directorate of the...
Read moreThe proportion of Slovakian foods fell to a record low rate in Slovakia
The proportion of Slovakian foods continued to decline in Slovakian stores last year. The proportion of Slovakian foods fell to a record low level to 40 percent in April 2015...
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