News and articles
NAV is expecting KATA-based enterprises
After the changes at the end of the summer, the kata can be on the table again, but this time on the control side. Lately, the tax authority has been...
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Hungarian company managers are more pessimistic this year, according to a survey
According to the announcement, a little more than half of the optimists expect a net sales increase of between 4 and 10 percent; in the IT sector, service centers and...
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K&H Bank’s profit fell by 10 percent last year
K&H Bank’s profit after tax fell by ten percent to HUF 67.6 billion in 2022, Attila Gombás, head of K&H Bank’s financial division, announced at an online press conference on...
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Smurfit Kappa Invests In Green Energy At Spanish Paper Mill
Smurfit Kappa has announced a €6 million green energy investment at its Sanguesa paper mill in Spain. The investment will be used to construct and install up to 12,000 solar...
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Auchan Retail Portugal Launches Ecological Detergent Made From Cooking Oil
Auchan Retail Portugal has launched a range of eco-friendly detergents produced from used vegetable oil, as it seeks to achieve its goal of reducing waste and promoting a circular economy...
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7UP unveils fresh brand identity with new packaging design
PepsiCo soft drinks brand 7UP has unveiled a new packaging design to elevate its international positioning. The brand identity is being introduced with the expression ‘New Get Up, Same 7UP’,...
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The call for tenders to support butcher shops has opened
Butcher shops operating as micro-enterprises can apply for up to HUF 3.5 million thanks to a new call from the Ministry of Agriculture, Dr. Pál Márton Nobilis is the state...
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The Agricultural Marketing Center presents Hungarian food products in Dubai
The Agrármarketing Centrum (AMC) will present Hungarian food products at one of the world’s leading food trade fairs, which is open from Monday to Friday in Dubai, AMC told MTI...
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Germany’s new Supply Chain Due Diligence Act and its impact on Hungarian suppliers
As of 1 January 2023 a new Supply Chain Due Diligence Act came into effect in Germany, which requires companies to audit their suppliers according to a certain set of...
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The US Food and Drug Administration recommends that plant-based milk replacer drinks can be sold as milk
The U.S. Food and Drug Administration recommends that plant-based milk replacer drinks be labeled “milk” by manufacturers. The organization of dairy enterprises is protesting. According to a draft rule issued...
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Dávid Hollósi: The price increase may stop, but food will not become cheaper
Dávid Hollósi, the managing director of the agricultural and food industry business of MKB Bank and Takarékbank, revealed in a recent interview for Index that the rate of growth of...
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Viktor Orbán: the food price freeze will remain in place until the government can set inflation on a downward path
Prime Minister Viktor Orbán said that we must expect that the war will become more and more savage and cruel, so we must be prepared for the fact that the...
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The introduction of the county pass and the national pass will also be seen in domestic tourism and hospitality
The introduction of the county pass and the national pass in public transport on May 1 will be an epoch-making change, the MÁV-Volánbusz group told MTI on Saturday. They wrote...
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Tesco chooses a different strategy instead of promotions
“Hungarian customers do not need a reduction in the price of a single product, but rather long-term low prices and personalized shopping discounts with which they can optimize their household...
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László Perlusz: thousands of businesses in retail have closed, tourism and hospitality are in a difficult situation
László Perlusz, the Secretary General of VOSZ, spoke about his entrepreneurial prospects in 2023 in an interview with InfoRádio. He is fundamentally optimistic, but considers it important that “it is...
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Competition Office: there is a difference between the content of “green” advertising messages and the consumer’s interpretation
In many cases, there is a difference between the real content of the sustainability advertising messages of Hungarian businesses and their consumer interpretation based on the rapid investigation of the...
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Gyermelyi Zrt. handed over a new mill
On Friday, Gyermelyi Zrt. handed over a new mill built with an investment of more than HUF 6.5 billion, making the company Hungary’s largest mill industry enterprise operating within one...
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About HUF 340 million was spent on technological modernization at two sites of HFI Kft
HFI Kft., which mainly deals with vegetable processing and preservation, has modernized and expanded its capacity at two locations by purchasing equipment and building a hall for about HUF 340...
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A new type of cabbage is trendy now in Europe, the demand for it is huge
The new, pointy and purple type of cabbage referred to as “violetti” was created a few years ago by Dutch breeders by crossing the traditional pointed cabbage and a red...
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The French may also have a food price freeze
Sorry, this entry is only available in HU....
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KAP support conditions can be met for all farmers
In exchange for the subsidies, the rules of the new Common Agricultural Policy lay down more pronounced environmental and climate protection requirements compared to previous years, thereby encouraging agricultural practices...
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MasterCard won the “Sustainable Initiative of the Year” award
The “Sustainable initiative of the year” category of MasterCard’s Bank of the Year competition was won by K&H Bank’s green home loan, which is the first and so far unique...
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Bosch announced a 70 billion HUF investment in Hungary
Robert Bosch Power Tool Kft. has announced an investment of almost HUF 70 billion in Hungary, within the framework of which a logistics center will be established by the end...
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The Pest County Government Office also examined products promising miracles
Last year, the consumer protection department of the Pest County Government Office carried out more than 1,200 official inspections and imposed a HUF 28 million consumer protection fine, the head...
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It has been revealed who became the agrarian of the year in 2022
István Papp, the owner and managing director of Hajdúhús 2000 Kft. in Debrecen, became the agriculturist of the year in 2022 – the organizer Agrotrend Group announced to MTI on...
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Continente Launches Vegan Alternative To Yoghurts
Portuguese supermarket chain Continente has launched a new product range, Vegegurtes, a new vegan alternative to yoghurts that forms part of the retailer’s ‘Powered by Plants’ offering. The new, 100%...
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A new whiskey superpower is being built in Europe
The number of distilleries producing whiskey in Germany has increased in the recent period. Today there are many more distilleries making spirits than in Scotland. After the Second World War,...
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Coop 365discount Urges Danish Government To Cut VAT On Fruit & Vegetables
Danish retailer Coop 365discount has urged the country’s Minister for Food, Agriculture and Fisheries, Jacob Jensen, to reduce VAT on fresh fruit and vegetables. The retail chain, which is part...
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Work, knowledge, openness – this is the key to success in agriculture
The future belongs to knowledge-based, professional agriculture, success requires the application of new technologies, openness and knowledge – stated Zsolt Feldman, the State Secretary responsible for agriculture and rural development...
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American producer prices rose more than expected in January
The American producer price index rose more than expected in January, according to the statistics institute of the Washington Department of Labor, the U.S. Based on Thursday’s report from the...
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