News and articles
Borsodi beer can shaped birthday cake at the opening ceremony of the Borsodi Beer Festival in Miskolc
Date: 2013-09-06 12:02:40
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
Date: 2013-09-06 12:02:18
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
Date: 2013-09-06 12:00:53
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
Date: 2013-09-06 11:57:58
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
Date: 2013-09-06 11:54:34
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
Date: 2013-09-06 11:03:36
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
Date: 2013-09-06 11:02:49
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
Date: 2013-09-05 13:00:09
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
Date: 2013-09-05 12:50:12
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
Date: 2013-09-05 12:12:41
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
Date: 2013-09-05 12:10:22
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
Date: 2013-09-05 12:07:06
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
Date: 2013-09-05 12:02:27
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
Date: 2013-09-05 11:06:02
“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
Date: 2013-09-05 11:05:25
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
Date: 2013-09-05 10:29:46
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
Date: 2013-09-04 13:00:53
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
Date: 2013-09-04 12:59:20
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
Date: 2013-09-04 12:55:16
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
Date: 2013-09-04 12:49:14
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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School start with the Thanks Sió! School Bag Program in 2013
Date: 2013-09-04 12:12:07
More than 1,000 Thanks Sió! Packages arrived to 110 Hungarian primary schools between 26 – 30 August. The Sió-Eckes Kft. announced its Thanks Sió! School Bag Program application this year,...
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Hungarian wines at the G20 Summit
Date: 2013-09-04 12:10:05
The participants of the G20 summit in St. Petersburg can taste a selection of Hungarian wines. After almost half a year selection process, the Russian administration officials found four Hungarian...
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Sealed Air at Drinktec 2013
Date: 2013-09-04 11:39:52
Packaging and hygiene expertise join forces to meet the challenges of today’s and tomorrow’s beverage and brewing industries At Drinktec 2013 in Munich, Sealed Air will be showcasing solutions to...
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Eurostat: Euro area GDP up by 0.3%
Date: 2013-09-04 11:22:49
GDP rose by 0 . 3 % in the euro area 1 (EA1 7 ) and by 0.4% in the EU2 7 1 during the second quarter of 201 3...
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The German Praktiker to be liquidated, while the stores in Hungary will continue to operate
Date: 2013-09-04 11:02:33
It was unable to find investors to rescue the German Praktiker AG, thus the company will be liquidated – Die Welt’s online edition wrote on Wednesday. The Die Welt by...
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The organizers plan a dual record braking at the dödölle festival in Nagykanizsa
Date: 2013-09-04 10:59:09
The Dödölle Festival awaits its visitors with a dual, 26-hour-long dödölle frying record attempt in Nagykanizsa on 6-7 September. Prikryl József, the president of the event’s organizer the Kanizsa and...
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Nations' cheese competition has started
Date: 2013-09-04 10:28:14
SZEGA Foods is one of the oldest and most important cheese-importer, trader of Hungary. The company has been devoted to introduce and spread the culture of international gastronomy for almost...
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GfK: the rosé is the favorite of the youth
Date: 2013-09-03 12:55:14
About a quarter of the turnover of spirits comes from wine sales. Although the customer base has shrunk by one-tenth in the past two years, the volume of sales has...
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Consumers would also benefit from the 17 percent meat VAT reduction
Date: 2013-09-03 12:42:25
The farmers and the food industry trade associations have long been trying to reach to reduce the VAT on meet products that is the highest in Europe. Due to the...
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The test of the data submitter program was succesful
Date: 2013-09-03 12:40:28
The program sending the datas to the NAV is working successfully. The datas of the cash registers must be sent monthly to the National Customs and Tax Authority (NAV), until...
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