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Market News

Invoicing with value limits
Date: 2017-02-28 10:15:06

Those businesses that don’t follow this year’s tax rule changes are risking serious fines – warn the experts of MAZARS. In the past the tax number of a product’s buyer...

Hungary lost a lot because of the sanctions against Russia
Date: 2017-02-28 10:05:05

Minister of Foreign Affairs and Trade Péter Szijjártó told Russian daily Kommersant that Hungary lost USD 6.5 billion because of the economic sanctions imposed against Russia. The minister hopes that...

Client Gateway risks
Date: 2017-02-28 10:01:00

The tax authorities more and more frequently inform businesses about tax inspections by sending an e-mail via the Client Gateway (Ügyfélkapu) system. The problem is that while these letters were...

A big gun enters the Hungarian market
Date: 2017-02-28 09:41:49

In November 2016 Spain-based Natur House, one of the most dynamically growing European franchise networks entered the Hungarian market. In Hungary NaturDiet Zrt. represents the healthy and weight loss diet...

Efficient NAV
Date: 2017-02-28 08:11:36

In 2016 the reformed, customer-oriented National Tax and Customs Administration (NAV) put HUF 12,793 billion into the national budget, HUF 31 billion more than originally expected by the government. Secretary...

Revival
Date: 2017-02-27 23:00:38

Soon winter is over and after the rather slow January-February period, the Hungarian food industry will speed up again. General expectation is that the sector’s output will continue to increase...

Franchise superior 2016
Date: 2017-02-27 21:43:07

On 19 January 2017 the Hungarian Franchise Association announced the eight category winner franchisors and franchisees. András Tóth, president of the Hungarian Franchise Association T.M.: – How do you assess...

The fall in prices may begin with lettuce and cabbage
Date: 2017-02-27 11:50:13

The high fruit and vegetable prices may be broke down by the appearance of the domestic version of the most cold-tolerant leafy vegetables (salads, brassicas) at the end of March...

GKI: the growth of the sentiment index stopped in February
Date: 2017-02-27 11:32:58

After a three-month increase, the improvement of the GKI sentiment index has stopped in February. The business expectations have not changed, while the consumer expectations deteriorated slightly. The index fluctuates...

The Chamber of Agriculture would reduce the VAT rate for cereals to 5 percent
Date: 2017-02-27 11:30:57

The Chamber of Agriculture (NAK) suggests to reduce the VAT rate for cereals to 5 percent if the European Union does not allow reverse VAT payment after 2018. With this...

EU’s agri-food exports increased significantly in 2016
Date: 2017-02-27 11:30:10

The European Union’s agri-food exports increased outstandingly in 2016, exceeding the previous year’s figure with 1.7 billion euros, reaching 130.7 billion euros – the European Commission said on Monday. According...

The number of card-accepting terminals may increase with 25-33 percent
Date: 2017-02-27 11:28:52

This year an explosive growth is expected in the number of card accepting terminals – privatbankar.hu wrote. In Hungary, credit card acceptance points appeared with the development of the dual...

KSH: the improvement in employment came to a halt during the winter months
Date: 2017-02-27 11:05:21

Between November 2016 and January 2017, the average number of employees was 4 million 401 thousand, 161 thousand more than the year before. The data shows a slight decrease of...

Applicants for rural development receive free assistance
Date: 2017-02-27 11:05:02

The free services of the Széchenyi Program Office were expanded. The applicants of the rural development funds can receive free information and advice on development – the Prime Minister’s Office...

Nearly 700 million HUF for irrigation water quality research
Date: 2017-02-27 11:02:54

The Ecology Research Centre of the Hungarian Academy, the National Public Health Center, the Agricultural Research Centre of the Hungarian Academy of Sciences (MTA) and the Smaragd GSH Kft jointly...

Economic and business sentiment improved in the euro area in February
Date: 2017-02-27 11:00:52

The European Commission’s business sentiment index and economic indicator improved in the euro area in February. A separate business confidence indicator, which points to the phase of the business cycle,...

A big gun enters the Hungarian market
Date: 2017-02-27 10:05:32

NGM: retail sales are expanding for forty-two months
Date: 2017-02-24 11:45:45

While retail sales are expanding for forty-two months, consumption has expanded at a rate has not seen since 2003 in 2016, thanks to improving employment indicators and the low inflation...

K&H: agricultural enterprises expect growth
Date: 2017-02-24 11:40:33

The majority of agricultural companies expect increase, their investment intentions are also stronger than the investment intentions of other companies, but they expect to face many challenges in the coming...

FM: 5 billion HUF is given to the farmers to alleviate agricultural damages
Date: 2017-02-24 11:37:47

The Ministry of Agriculture (FM) provides approximately 5 billion HUF to 3300 farmers to alleviate agricultural damages, due to the bad weather of last year – the FM told MTI...

Prime Minister’s Office: rural development applicants can get free assistance
Date: 2017-02-24 11:06:42

The University of Kaposvár investigates the effects of a toxin polluting corn
Date: 2017-02-24 11:05:37

The research of the University of Kaposvár investigates the endangering effect of the most common contaminant of corn (fumonisin mycotoxins) on the population. The institution is in collaboration with the...

Consumer sentiment deteriorated in the US
Date: 2017-02-24 11:04:56

The University of Michigan’s consumer sentiment index fell to 95.7 points in February from the 98.5 points of January. The preliminary value of the index was 96 points. Within the...

The non-performing loans decreased significantly in the region
Date: 2017-02-24 11:03:18

The stocks of non-performing loans (NPL) in the Central and Eastern European region of non-performing bank loans in 2015 decreased significantly to 49 billion euros, due to the attractive macroeconomic...

Cisco: mobile data traffic to increase seven-fold by 2021
Date: 2017-02-24 11:02:30

Thanks to continued growth in the number of mobile phone users, mobile video, 4G networks and the Internet of Things, global mobile data traffic should increase seven-fold from 2016 to...

Oil price increase
Date: 2017-02-24 10:31:54

At the end of last year commodity prices, especially that of oil, continued to increase. Since the price of oil has great influence on the revenues of developing market economies,...

Technology influences classic retail strategies
Date: 2017-02-24 10:10:30

With the help of Frank Mayer and Associates, let’s examine what the future of retail will be like. 2017 will bring many things to the retail sector, including new programmes...

Online shopping is comfortable and offers good prices
Date: 2017-02-24 09:18:21

The most important reasons why consumers decide to buy online are comfortable shopping and good prices – reveals a survey conducted every year since 2001 by eNET. In 2015 Hungarians...

Virtual shopper card for everyone
Date: 2017-02-24 09:13:50

A new smartphone app called Fullcard can manage various loyalty cards and the offers in promotional leaflets, plus its geographical location function helps shoppers to find those offers which are...

Weekday shopping more important than before
Date: 2017-02-24 09:06:52

Six months after the ban on Sunday trading was abolished, much fewer card payments are realised on the seventh day of the week than before. The latest data from Mastercard...

Oldal

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Invoicing with value limits Date: 2017-02-28 10:15:06

Hungary lost a lot because of the sanctions against Russia Date: 2017-02-28 10:05:05

Client Gateway risks Date: 2017-02-28 10:01:00

A big gun enters the Hungarian market Date: 2017-02-28 09:41:49

Efficient NAV Date: 2017-02-28 08:11:36

Revival Date: 2017-02-27 23:00:38

Franchise superior 2016 Date: 2017-02-27 21:43:07

The fall in prices may begin with lettuce and cabbage Date: 2017-02-27 11:50:13

GKI: the growth of the sentiment index stopped in February Date: 2017-02-27 11:32:58

The Chamber of Agriculture would reduce the VAT rate for cereals to 5 percent Date: 2017-02-27 11:30:57

EU’s agri-food exports increased significantly in 2016 Date: 2017-02-27 11:30:10

The number of card-accepting terminals may increase with 25-33 percent Date: 2017-02-27 11:28:52

KSH: the improvement in employment came to a halt during the winter months Date: 2017-02-27 11:05:21

Applicants for rural development receive free assistance Date: 2017-02-27 11:05:02

Nearly 700 million HUF for irrigation water quality research Date: 2017-02-27 11:02:54

Economic and business sentiment improved in the euro area in February Date: 2017-02-27 11:00:52

A big gun enters the Hungarian market Date: 2017-02-27 10:05:32

NGM: retail sales are expanding for forty-two months Date: 2017-02-24 11:45:45

K&H: agricultural enterprises expect growth Date: 2017-02-24 11:40:33

FM: 5 billion HUF is given to the farmers to alleviate agricultural damages Date: 2017-02-24 11:37:47

Prime Minister’s Office: rural development applicants can get free assistance Date: 2017-02-24 11:06:42

The University of Kaposvár investigates the effects of a toxin polluting corn Date: 2017-02-24 11:05:37

Consumer sentiment deteriorated in the US Date: 2017-02-24 11:04:56

The non-performing loans decreased significantly in the region Date: 2017-02-24 11:03:18

Cisco: mobile data traffic to increase seven-fold by 2021 Date: 2017-02-24 11:02:30

Oil price increase Date: 2017-02-24 10:31:54

Technology influences classic retail strategies Date: 2017-02-24 10:10:30

Online shopping is comfortable and offers good prices Date: 2017-02-24 09:18:21

Virtual shopper card for everyone Date: 2017-02-24 09:13:50

Weekday shopping more important than before Date: 2017-02-24 09:06:52