Market News

NFC-based communication is reaching higher numbers

The NFC (non-contact) technology-based mobile wallet services integrate the functions of plastic cards into a single smart phone. The solution of the Hungarian Mobile Wallet Association can be tested by...

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The country where tourists spend the most money on tourism

Last year, Chinese tourists spent 102 billion USD for foreign tourist trips. This is 40 percent more than the data of 2011, so China overtook Germany and the United States...

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Fifty thousand HUF grant can be claimed from now for online cash registers

Entrepreneurs can claim 50 thousand HUF per cash register non-refundable support until 15 December for the cash register replacements – the regulation of the national economy minister contains. The regulation...

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An annual 100 billion HUF loss in agriculture due to weather

The bad weather causes an approximately 100 billion HUF loss in turnover to the Hungarian agriculture per year – Poprády Géza, Minister of State told at the Ministry of Rural...

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SMEs are still unsure in connection with the SME tax and the free enterprise zones

Although, most of the businesses knows the SME tax the actual number of registered SMEs is under the of expectations. Since more than half of the companies have not thought...

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Community honey – urban apiary in the heart of Budapest

A German creatives are creating urban apiary this summer in Budapest. Anyone can join to the social and artistic experiment who is interested in apiary and at the end of...

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Polish agriculture and agri-food trade

In 2010 an agricultural census was implemented in Poland, which revealed that the number of farms reduced by more than 300,000 in the last eight years. Farms with land smaller...

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5-10 percent growth to be expected in the milk industry

Similarly to the previous year, another 5-10 percent growth is to be expected at the milk-industry this year – László Lukács, executive director of Dairy Professional Association pointed out on...

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The pig industry needs more premium products

The main goal of the big-industry is to produce high quality, premium items, instead of focusing on quantity – state secretary of the Rural Development Ministry (VM) Endre Kardeván pointed...

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The Széchenyi Card Program loans for EU tenders are available in the MKB bank

From the beginning of July 2013, the MKB Bank starts the distribution of the Széchenyi Önerő Kiegészítő Hitel and Széchenyi Támogatást Megelőlegező Hitel that can be claimed for EU tenders....

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Immediate inspecion ordered due to GMO-infected maize seeds

A global seed and crop inspection has been ordered by the Minister of Rural Development, ias it was found that a certain amount of GMO-infected maize seed has been found...

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Public catering might get 70 percent more expensive from January

The Hungarian Association of Public Catering (MKSZ) is discussing oppotunities with the Department of Human Resources (EMMI). According to MKSZ, if the regulation of the ministry will enter into force...

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Four companies in co-operation with MNV

MNV has signed an agreement of cooperation with Magyar Posta Zrt., MVM Magyar Villamos Művek Zrt., Szerencsejáték Zrt. and Hungaroring Sport Zrt. in order to strenghten professional relations and set...

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The average price in domestic food stores increased by 5 percent

The average price in food stores in Hungary increased by 5 percent during the first quarter of 2013, compared to the same period of last year. In Europe the average...

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The Hungarian fruit industry has arrived to a milestone

Additional investment, secure success – we can summarize the results of the latest experiment of the National Research Institute of Pomology briefly. In the experiment, the experts carried out cherry...

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Hungarian households are fond of milk

Since EU accession the Hungarian dairy industry’s domestic market has generally expanded as turnover and consumption have both grown, but this has been increasingly due to cheap imports, while the...

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Scandal at the forum: entrepreneurs went home with their questions remained unanswered

The entrepreneurs were invited to a forum. But the key questions remained unanswered at the forum in Debrecen held on the topic of online cash machines. The Two hundred contractors...

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The TV2 Shop has been opened

As the result of the strategic cooperation between TV2 and Allegroup, a new webstore has been launched under the TV2 Shop name. In addition to the offers of Grando.hu and...

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Cofidis: pessimistic future visions in consumption and borrowing habits

According to the representative survey of Cofidis, carried out in March 2013, 89 percent of the respondents remain pessimistic about the future: in the first quarter, 56 percent of the...

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Optimistic visions, but moderate investment intention characterizes the firms

The investment intention of the Hungarian small and medium-sized enterprises remains moderate: this year, the companies are planning investments in a 11 percent less value, than in 2012 – shows...

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A salesperson was fired due to the scandal

After the scandal, TICE cancelled the contract with a reseller, who deceived the dealers with his letter, sent to the tobacco shop owners. He claimed that the company was assured...

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Wine Archive and Wine Safe in Eger

A wine safe that can store more than seven thousand bottles, and a wine archive was created in the cellar of the Hotel Szent István in Eger. 24 niches out...

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Exeter shopping centre becomes home to 10,000 bees

The roof of a shopping centre has become home to 10,000 honey bees in Exeter, Great Britain. Bee-friendly plants and features have been installed on top of the Princesshay centre,...

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After a year of stability the number of general food stores decreased again

According to the new census of Nielsen consumer information and knowledge providing company, a total of 19 249 general food stores are operating in Hungary at the beginning of this...

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Mangalica sausage, herb cheese from the Hortobágy, Cserpes Cottage Rudi – the specialties of the domestic meat and dairy industry

As the continuation of the “Vidékességek – the best practices of the national agri-environment farming” the latest two episodes of the film series on the Hungarian dairy and meat processing...

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The NAV contracted with an another telephone service provider

The scope of the GSM providers who have signed the protocol of technical parameters of the communication between the NAV and the online cash machines has extended. After Telenor, Vodafone,...

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One hundred percent of life, or why we select agave tequila

For many people the favorie partying drink is tequila, but is is much more than simple aphrodisiac. The reat Tequila is made from 100 percent blue agave. Its moderate consumption...

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The GKI-Erste economic prosperity index is on its almost two years peak

The (seasonally adjusted) value of the GKI-Erste economic prosperity index jumped to its two years peak in May after the significant decline of April. The increase experienced from autumn 2012...

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Professional organizations recommend consulting on the advertising tax

According to the standpoint of the professional associations, the effects of the planned “advertising tax” on the media sector are still unpredictable for the sector and for the general public,...

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The Minister is protesting because his name was used for advertising

The news that the reseller of the TICE cash machine’s distributor advertised itself with the political support of Varga Mihály Minister of Finances came into light on Saturday. The Ministry...

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