News and articles

Changes in transfer pricing: simpler but more rigorous rules

At the end of January PricewaterhouseCoopers Hungary organised a business breakfast where Dr Gábor Laki, head of department at the Ministry for National Economy and Anita Mekler, the director of...

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Magazine: Brands – no pain, no gain

The Hungarian Brand Association has mixed feelings about 2011: the organisation itself had a rather successful year but the business and regulatory environment turned much more rigid, creating much worse...

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Export may be the break out point for the food manufacturers

Export can be a break out point for several Hungarian food production companies in the stagnant domestic market environment. Stepping out to a foreign market, however, also carries risks. In...

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Food development in practice

The Hungarian food industry will be competitive, the only way that it can increase its domestic and export market role, if it will strengthen innovation activities, research and development –...

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KSH: the downward trend of investments, modested by the agriculture and the manufacturing industry

Last year, the national economy investments were 4.5 percent behind the previous year's investment volume. Downward trend characterized the fourth quarter of 2011 and the whole year. In the last...

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The list of Hungarian orchards to be renewed

The Central Statistical Office will census the orchards located in Hungary between June 1 and November 30 including areas, planted with fruit trees – told the Ministry of Rural Development...

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The Hungarian seed is a strategic product

The Hungarian seed is a strategic product, it can be sold unlimited all over the world – said Szépe Ferenc, head of the agricultural department of the Ministry of Rural...

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Hungarians want sustainable farming

HALPIM / Hungarian Association of Logistics, Purchasing and Inventory Management is the leading professional association of companies, institutes and individuals involved or interested in the fields of logistics, purchasing, supply...

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Flora’s heart-friendly program received an award

Flora’s health screening program titled Program for the Hungarian Society was awarded in the Corporate Social Responsibility category. The Flora Heart Friendly Steps initiative thanks to the screening program reached...

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More than half a million serenades with Heineken

With Heineken’s latest Facebook application more than half a million people gave a serenade to thhei beloved ones on the occasion of Valentine's Day. The application is successful in Hungary...

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EuroCIS: innovation awards for Auchan, Douglas, Metro, Rewe

Nine companies have received the award of EuroCIS tradeshow and the European Commercial Insitute. As a whole, 28 companies from all over Europe have decided to compete for the award...

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Bonduelle: Myths and Facts – on canned and frozen vegetables

What guarantees the high quality of the products? Are the cans of Bonduell from Hungarian ingredients? So many questions, which now Bonduelle provides the answer to finally dispel myths about...

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KSH: 40 thousand more people are working than a year before

The number of employees between November 2011 and January 2012 January was 3 million 816 thousand, 40 thousand more than a year ago – announced the Central Statistical Office (KSH)...

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Düsseldorf, EuroCIS: our colleague's report

There are a great number of unique ideas discussed within the compass of this year's EuroCIS tradeshow in Düsseldorf which might seem to be some episodes from a science fiction...

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Hungarian Product Grand Prix competition announced for 2012

The 15th Hungarian Product Grand Prix® competition was announced in 2012. Its main objective is to promote a quality-conscious approach, by which conscious consumer behaviour can be achieved. Applications are...

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GKI: The number of bankruptcies will slightly increase this year

According to Hungarian companies, the number of bankrupt businesses will slightly rise this year as well, following an all-time high of last year. They expect a particularly strong wave of...

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No serious errors were found in Zala county during the food safety control

During last year’s more than 3,500 food safety controls, inspecting  150 firms a total of 21 million HUF fine was imposed in Zala county by the Food Chain Safety and...

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The CBA organizes the country's largest domestic wine competition for the sixth time

The CBA organizes the country's largest domestic wine competition for the sixth time this year. The jury will choose the best wine from 767 samples with blind tasting. The competition...

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Vodafone and Visa agreed over mobile payment

The Vodafone and the Visa announced the creation of a global cooperation agreement, in which the costumers can pay for products and services from their mobile instead of cash. The...

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Tesco Mobile to be launched on the 1st of March

The new participant of the Hungarian telecommunications market, blowsthe market with a a double card cellphone. On the 1st of March, Tesco Mobile will begin its mobile communication serviced using...

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Magazine: Most of the wiener was sold in discount stores

Last year we bought wiener fewer times – reports GfK Hungária’s Consumer Scan – which means that the market contracted a bit despite its stable circle of buyers. In the...

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German consumer confidence grows significantly

The March indicator of the German consumer confidence index increased to its highest level of the year to 6.0 points – told the GfK market research institute on Tuesday. Analysts...

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E-commerce opportunities are seeked with model cities in China

E-commerce opportunities, risks, and the limits the application are seeked with model cities in China. Twenty-one settlements were selected for modern information technology experimental application of e-commerce model cities. In...

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Magazine: Women apply makeup even during recession time

Decorative cosmetics is characterised by a complex portfolio, with lots of products per brand – we learned from Viktória Etter, public relations coordinator with Coty Hungary Kft. Coty’s portfolio is...

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EuroCIS, Europe's leading trade fair for retail technology opened

EuroCIS, the Leading Trade Fair for Retail Technology, is opening its gates and will be held 28 February to 1 March 2012 in Düsseldorf. “EuroCIS 2012 is completely sold out...

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It is not sure that the E-mark gives enough information

The food manufacturers often indicate the components’ chemical names on the packaging of their products, so the average consumers can not decide whether a product contains harmful materials or not...

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“Alföldi kamillavirágzat” Wild Camomile Flower granted EU Protection

he European Commission has registered the name “Alföldi kamillavirágzat”, and given it “protected designation of origin” (PDO) status. The Commission registry currently includes more than 1000 officially protected denominations. One...

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KSH: declining domestic freight, stagnant passenger traffic

The volume of domestic freight, decreased by 11 percent its performance by 6 percent last year, which was offset by the 5 percent growth of international freight and its 3...

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The companies’ turnover in the Western Transdanubia on pre-crisis level

The turnover of firms operating in the Western Transdanubian region have increased to pre-crisis levels on the basis of last year’s VAT – said Varga Lászlóné, Regional Director General of...

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Two wineries were closed for thirty days

The Government Office for the Food Chain Safety and Animal Health Board of Bács-Kiskun County closed the Borletin Borház Kft. of Soltvadkert and the Bolemányi-Ker Bt. of Kiskőrös for thirty...

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