News and articles
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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Six million tons of corn crop is expected this year
Date: 2013-09-03 12:38:49
Although corn crop will be smaller than expected this year; about 6 million tons, price increases are not expected – the Deputy Director of the Agricultural Research Institute told MTI...
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Tesco expands its fleet with Mercedes vans
Date: 2013-09-03 12:01:32
The Tesco and the Mercedes-Benz have signed a strategic cooperation agreement on Tuesday in Budapest. In the scope of the agreement Mercedes becomes the exclusive vehicles supplier of Tesco in...
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Hilltop – Available even in the Spar shops
Date: 2013-09-03 12:00:19
By strengthening its commercial activities, the Neszmély-based Hilltop Winery signed an agreement with the Spar network to distribute the winery’s products. In addition, the Hilltop products are available in the...
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Seven hundred marching at the harvest of Badacsony
Date: 2013-09-03 11:00:56
About seven hundred participants will take place at this year’s Badacsonyi harvest parade. The spectacular crowd will march between Badacsonytomaj to Badacsony. The three-day-long series of events will begin on...
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The NAV found counterfeit washing gels in a value of more than fifteen million HUF
Date: 2013-09-03 10:58:00
The finance guards of NAV seized counterfeit washing gels from a truck on the M5 motorway in a value of more than fifteen million HUF – the National Tax and...
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Agriculture can help the GDP in 2013
Date: 2013-09-02 12:25:34
According to the forecast of the GKI Economic Research Co. after the decline in 2012 and in the first half of 2013 the GDP will increase by about a half...
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The expansion of investments in the second quarter surprised the analysts
Date: 2013-09-02 12:20:02
Analysts surveyed by MTI on Friday considered the expansion of investments in the second quarter as a surprise, while the Ministry of National Economy (NGM) pointed out that this is...
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KSH: trade surplus amounted to 581 million euros in June
Date: 2013-09-02 11:32:59
In June 2013 the value of exports was 6.7 billion euros (1978 billion HUF) and the value of imports was 6.1 billion euros (1805 billion HUF). The foreign trade balance...
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Foie Gras Festival again
Date: 2013-09-02 11:30:13
The 5th Foie Gras Festival will raise the awareness of its visitors on the differences between geese and ducks liver – the organizers informed MTI. The National Food Chain Safety...
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