Market News
Improved mood for SMEs
The K&H SME confidence index showing the expectations of the companies increased by 4 points to -7 points. The SMEs are expecting a positive change in relation to their financial...
Read moreRetail sales increased by 8.5 percent in the Czech Republic in February
In February, retail sales in the Czech Republic on an annual basis increased by 8.5 percent – the Czech Statistical Office (CSU) announced on Thursday in Prague. The January sales...
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Vegetables drive production prices in agriculture
In January 2016 agricultural production prices increased by 4.8 percent from the level of January 2015. This rise was driven by the price of vegetable products increasing 10.5 percent. Livestock/products...
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Ready Pay for people on the go
ReadyPay is the name of Vodafone’s new mobile bank card payment service. Users have to pay a monthly fee but a transaction fee of 1.25 percent only applies after the...
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Transparent trucks
Samsung Safety Trucks are easy to overtake: two cameras are attached to the front of the truck which film the oncoming traffic and send the image to the four Samsung...
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Magazin: PreGa 2016 – bionics is knocking at the door
The latest technological trends in agriculture, from Hungary and abroad, were presented at the 2nd PREGA Conference and Exhibition. Nearly 300 companies and more than 500 individuals were present at...
Read moreMDKE: the new system of tobacco trade is well established
According to the Hungarian Association of Tobacco Retailers (MDKE), the new system of tobacco trade is well established, but there is still a need for adequate vocational training for skilled...
Read moreThe Curia certified MSZP question on the Sunday rest day
The Curia changed the decision of the National Electoral Commission and certified the referendum question submitted by Nyakó István MSZP politician in relation to the store closure on Sunday signatures...
Read moreThe EU could pay simpler
Hungary urges a reduction in the administration of the EU’s greening agricultural subsidies as well as the simplification of environmental regulations – the agrarszektor.hu wrote. Hungary would easen the excessively...
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Nébih: 45 million HUF fine in the spring inspections
Several hygienic but less quality problems were found by the specialists of the National Food Chain Safety Office (Nébih) during the spring seasonal checks than in previous years. According to...
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KKM: the Alföldi Tej Kft. concluded a milk supply contract with a company in Nigeria
The Hungarian Alföldi Tej Kft. and the Lagos-based Greenlands Agribusiness Consult Limited concluded a milk supply contract – the foreign economy ministry told MTI on Thursday. According to the communication,...
Read moreTesco: every child deserves a carefree childhood
The Tesco and the Ecumenical HIA are collecting for the needy and abused children. Tesco this year also participates as a strategic partner of the Ecumenical HIA to help disadvantaged...
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The European Union intends to modernize Value Added Tax
Today's Action Plan is the first step towards a single EU VAT area which is equipped to tackle fraud, to support business and help the digital economy and e-commerce. The...
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These are the most attractive companies for employees this year
According to the Hungarian results of the Randstad Award, the world's largest employer brand research, among the largest employers, Audi Hungaria and Mercedes continue to be the two most attractive...
Read moreFazekas Sándor: Hungarian winemaking is before a quality change
The Hungarian winemaking industry is experiencing a quality change of era. In the past few years the possibility of a quantitative and qualitative move forward in the industry – said...
Read moreA record amount of beer was brewed in the Czech breweries last year
A record volume of 20.076 million hectoliters of beer was brewed in the Czech Republic last year, which compared in an annual comparision is a rise of 2.2 percent. The...
Read moreThe Romanian retail sales expanded by 18.7 percent
In the first two months of this year, the Romanian retail sales volume rose 18.7 percent, compared to the same period of last year. According to the calendar-adjusted index the...
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Spar: Garfield returns with animal records
The world's laziest cat went on holiday for a year, but now returns with SPAR’s sticker album that features animal records. SPAR has a real success serie, as in 2011...
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EU about to rethink tax systems
The European Commission have shared the contents of their Anti-Tax Avoidance Package (ATAP) with the public. There are three main courses of action: introducing a common consolidated corporate tax base;...
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Certified service in the cloud
Invitel’s IaaS cloud service is the first in the Hungarian market to have earned the internationally recognised Cisco Powered IaaS certification. At the same time the company has also acquired...
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FAO: Robust outlook for global cereal supplies in 2016
World cereal production in 2016 is set to amount to 2 521 million tonnes, just 0.2 percent off last year's large output and the third-highest global performance on record, according...
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Food industry also joins the dual training programme
Szent István University’s (SZIE) Faculty of Food Science will cooperate with many food processing and retail trade companies from 2016-2017 to start a dual training programme. As part of the...
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Businesses and fields of activity NAV pays special attention to
The National Tax and Customs Administration (NAV) has identified those fields of activities and businesses to which the tax authorities will pay special attention this year. An analysis by Deloitte...
Read moreNGM: retail trade may grow by 6-8 percent this year
This year, retail sales can increase by a pace similar to last year, by an average of 6-8 percent, according to the calculations of the Ministry of National Economy (NGM)...
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FruitVeB: the current weather does not cause major problems for a while
The current relatively warm weather does not cause problem for a while in the cultivation of vegetables or orchards – the Chairman of the Hungarian Fruit and Vegetable Interprofessional Organisation...
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The dairy producers can get temporary emergency support
The dairy farmers can get temporary support on the basis of the Regulation of the Minister of Agriculture. According to the latest issue of the Hungarian Official Gazette (Magyar Közlöny)...
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Nielsen: cleaning habits
The dust and dirt remain the enemy consumers of worldwide. It is not surprising that we spend lot of time to clean our homes and keep our clothes clean. According...
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Retail sales rose in the euro zone in February
The European Union's statistics office Eurostat said retail sales in the 19 countries sharing the euro rose 0.2 percent month-on-month for a 2.4 percent year-on-year gain. Eurostat data showed retail...
Read moreThe beer market increased by 6.5 percent in Romania last year
Last year, 15.8 million hectoliters of beer was consumed in Romania, which is a 6.5 percent increase compared to the previous year – the Romanian Brewers Association announced on Tuesday....
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The Chamber of Agriculture helps the farmers to fill the farmers’ log with a software
The National Agricultural Economics Association (NAK) helps the farmers with a free software to fill in the farmers’ log – the NAK told MTI on Wednesday. The program, which is...
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