News and articles
OKSZ: The Government should lift the price cap and abolish the retail tax
The member companies of the National Trade Association (OKSZ) were outraged to learn that the retail tax in the sales revenue above 100 billion was increased from 4.1% to 4.5%...
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Production line funeral at Szentkirályi +VIDEO!
Szentkirályi Magyarország Kft.’s factory expansion project launched in 2021 has reached a significant milestone. In the framework of the VNP II program, with the support of HIPA, their site was...
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We are looking for HoReCa Heroes again!
You can still apply for this year’s HoReCa Hero title in a total of 10 announced categories until the end of June. The award ceremony will take place on the...
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FAO Food Price Index declines in May
The benchmark index of international food commodity prices declined in May amid significant drops in quotations for most cereals, vegetable oils and dairy products, the Food and Agriculture Organization of...
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István Nagy: the most important goal of the government is to strengthen the Hungarian economy
Strengthening the Hungarian economy, protecting families and jobs is the most important goal of the government – Minister of Agriculture István Nagy declared on Saturday at the handover ceremony of...
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The price of dairy products in Lidl continues to fall
Lidl Hungary is once again reducing the consumer prices of more than 60 dairy products, so that some products will cost up to 20% less in stores from June 5....
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In May, food inflation in the Eurozone slowed on an annual basis
In May, inflation slowed down in the euro area on an annual basis, the statistical office of the European Union announced on Thursday. According to Eurostat’s preliminary data, inflation in...
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Record sales in 2022, investments, online developments at Praktiker
In addition to investments and developments, thanks to state subsidies that indirectly affect the construction industry, the Hungarian Praktiker continued to grow even in the challenging last year. The do-it-yourself...
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A record amount is available for the development of agriculture
In connection with the payment of subsidies awarded in the Rural Development Program, the Hungarian budget provides 750 billion forints this year, of which 386 billion forints have already been...
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These savings can escape the new 13% tax
The decree as the basis of personal income tax on interest income refers to the amount taken into account. However, based on the Social Security Act, personal income tax does...
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GFM: the number of registered job seekers has never been so low
Despite the war times, in the last 30 years, the number of registered job seekers in Hungary has never been as low as in May this year, the Ministry of...
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Tourist agency: the capital and spa towns attracted the most guests at Pentecost
At Whitsun, the capital and the spa towns attracted the most people to travel, with more than half a million domestic and international guests staying in Hungarian accommodation throughout the...
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Swiss Laboratory carbonated and non-carbonated vitamin drinks from the HELL ENERGY portfolio have undergone a complete renewal
Made from quality ingredients, without preservatives and with added vitamins, the products are made for those who are looking for more health-conscious choices in the field of everyday refreshments, but...
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Action against climate change requires joint action
This week, the “EU AgriResearch Conference”, which is considered the largest gathering of agricultural research and innovation, was held in Brussels, focusing on the environmental dimension of research and development....
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Today free-from already means high quality
This article is available for reading in Trade magazin 2023/5 Gyopár Géger, brand manager of PICK: “There is a difference between one kind of meat and another. Bonafarm Group and MCS...
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According to the expert, the situation of road freight carriers worsened in the first quarter
There was a turnaround in road transport in the first quarter of this year due to the decrease in consumption and investments after last year’s favorable year, said the president...
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Information for dairy cattle, beef and sheep farmers
The database supporting the identification of animals on the electronic interface available for submitting the unified application has been updated, which helps the submission of animal-based support applications with better...
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Waitrose becomes first UK supermarket to offer refillable olive oil
Waitrose has become the first UK supermarket to sell a refill pouch for olive oil. The upmarket retailer will stock Citizens of Soil’s 500ml single estate extra virgin olive oil across...
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This year, the National Chamber of Agrárgazdasági Kamara is offering a membership fee discount of around HUF two billion
On June 1, 2023, the membership fee determination period at the National Chamber of Agrarian Economy (NAK) began. Pursuant to the decision of the national assembly of delegates of the...
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Pringles Invests €100m In New Carton Potato Chip Packaging
Kellogg-owned Pringles has invested €100 million in the development of new fully recyclable packaging for its popular potato chips. The fully-recyclable paper tube was designed in the company’s Mechelen R&D...
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Spanish strawberry growers slam campaign for German supermarket boycott
Spanish strawberry growers on Wednesday criticised a German consumer campaign calling for supermarkets to boycott berries grown near Spain’s Donana wetland, which is under threat from climate change and illegal...
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Hungary joins the European campaign to stop African swine fever (#StopASF)
The European Food Safety Authority (EFSA) is also supporting the fight against African swine fever (ASP) with a European-level campaign in 2023. Now in its fourth year, the #StopASF (#StopAfricanSwineFever...
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Most student workers work in logistics and trade
According to the Prohuman Diákmunka school association, the average hourly wages of student workers are between HUF 1,700 and HUF 2,000 this year, but in priority areas, you can earn...
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In the event of a disaster, vending machines offering free food and drinks have been installed in Japan
In the event of an earthquake or typhoon, vending machines offering free food have been put into operation in preparation for natural disasters in Ako, one of Japan’s coastal cities...
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Taxes on extra profits will remain, and the population can also pay taxes on savings
There was a flurry of government decrees last night. The government is not abolishing the extra profit taxes introduced in the summer of 2022, but only halving the tax obligations...
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KPMG prepared its whistleblowing system compliant with the Complaints Act
It was accepted by the parliament, and the so-called Complaints Act has now been published in the Hungarian Gazette. Act XXV of 2023 on complaints, reports of public interest, and...
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New CEO to lead PENNY Hungary
Mathias Mentrop will be the new CEO of PENNY Hungary from 1 July. Mentrop currently serves as Chief Operating Officer of the PENNY network in the Czech Republic, replacing the...
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Márton Nagy: the mandatory promotion and price reduction of food has started
From June 1, the mandatory sales in commercial stores began to reduce the increased food prices due to the war and sanctions. This is another government measure to protect Hungarian...
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GKI: A korábbi laza költségvetések árát fizetjük meg most
Government spending in recent years was initially aimed at mitigating the harmful economic effects of the COVID-19 epidemic, and then the stated goal became the forced acceleration of growth. If...
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From today, the SPAR group awaits its customers with more than 700 discount offers, and the price of 300 products is frozen within the framework of the SPAR ÁRSTOP Extra Promotion
A government decree obliges food retail stores with a sales revenue exceeding one billion forints in 2021 to introduce a weekly discount of 10% in twenty product groups between June...
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