Market News
Tokaj Kereskedőház Zrt.: more than 17 billion HUF development by 2017
The state-owned Tokaj Trading House Plc. completely transforms and develops the winery from an amount of a total of about 17.1 billion HUF. The first phase, the new bottling plant...
Read moreBudai Gyula: Hungarian wines are becoming more and more popular in Germany
Hungarian wines are becoming more and more popular in Germany, the data of the Hungarian Harvest in Berlin series of events show. More and more people visit the Hungarian Harvest...
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Pine trees will not become more expensive this year
The sales of pine trees will begin from the end of next week. The prices remain unchanged from the previous year – Biza Klára, the Chairman of (Maker) Chairman of...
Read more42 thousand packs of cigarettes were destroyed by the NAV
The National Tax and Customs Administration (NAV) destroyed 42 thousand packs of cigarettes in Nyíregyháza on Thursday. The cigarettes were seized by the staff of NAV from smugglers. Suller György...
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Hungary’s packaging industry produces international quality
Statistical data from the Hungarian Association of Packaging and Materials Handling (CSAOSZ) reveal that the packaging industry’s turnover was HUF 482 billion in 2014, HUF 15 billion more than in...
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Broadband development projects speeding up
Invitel subscribers can enjoy the advantages of the broadband optical fibre network sooner than scheduled. Deputy CEO Marianne Langsteiner informed that the network will be installed in 160,000 households –...
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Bank card payment solution for free
Barion offers a free bank card payment solution to b2c retailers. Tamás Bíró, co-owner and marketing director of Barion Payment Zrt. told our magazine that retailers have to meet two...
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Cellum’s new operating director
Cellum Global Zrt. appointed Ábel Garamhegyi as its operating director and deputy CEO from mid-September. The new executive left his vice presidential position at Belgian visual technology company Barco for...
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Magazine: Skin care matters even more in cold weather
Women’s skin care is a category that full of challenges, because the market of widely used products is in stagnation. Economic recession made the category suffer, as body care isn’t...
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Winners of the 32nd HUNGAROPACK Hungarian Packaging Competition
At this year’s HUNGAROPACK Hungarian Packaging Competition the Save Food prize was awarded for the first time, to reward food packaging solutions which can contribute to reducing food waste. There...
Read moreThe share of domestic food products will not increase without the meaningful support for the entire food industry
The National Food Processors Association (ÉFOSZ) organized a public roundtable discussion in Budapest about the challenges and the future of the industry. The food industry players are calling for unity...
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According to the Hungarian Turkey Association the high VAT inhibits consumption
The Hungarian Turkey Association has organized its annual professional conference for the third time, where the major issues of the poultry and turkey industry were discussed. At the event, it...
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Drastic decline: this year's apple crop reduced by half
This year's apple crop was lower than it was expected. Because of the drought, compared to last year’s nearly 900 thousand tons this year only 450 thousand tons of apples...
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The Food Bank collects Christmas donations in three hundred stores
The Hungarian Food Bank Association organizes its traditional Christmas food donation campaign in 2015 again. It is a novelty that from this year for the first time, the campaign lasts...
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The FM would register the Chimney Cake as a Traditional Special Product
The Ministry of Agriculture (FM) acts for EU registration of Chimney Cake as a “Traditional Special Product” – the ministry told MTI on Wednesday. The registered name can be used...
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Consumer confidence improved in the USA
Consumer confidence improved in the USA in November – according to the final data of the Reuters and the University of Michigan. According to the regular monthly survey published on...
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Temporary solution
From 1 January 2016 the rules of setting the deadlines for settling accounts periodically are going to change – reported MAZARS. Sándor Szmicsek, a tax partner of MAZARS told: the...
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Is there a reporting obligation?
According to guidelines from the National Tax and Customs Administration (NAV) published in October, it doesn’t have to be reported within 30 days if a partner company renounces being paid...
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Nielsen: one third of the Hungarians are satisfied with their salary
More than half of the Hungarians gains informations from television. TV is on the second place for spending free time as well. In Hungary an average of 33 percent of...
Read moreFM: About 13.5 million tons of grain grown this year in Hungary
In Hungary, a total of approximately 13.5 million tons of grain grown this year, compared with the 16.3 million tonnes of last year – the Minister of State of the...
Read moreThe National Tobacco Store Supplier and the Imperial Tobacco Ltd. signed a contract
The National Tobacco Store Supplier (ODBE) signed a contract with another tobacco wholesaler, the Imperial Tobacco Ltd. – the ODBE told MTI on Tuesday. According to the communication of the...
Read moreDistillate tax ticket to come
The institution of legal pálinka distilling will remain; the private distilling will be burdened with minimal cost and administration burden – the head of department of the Ministry of National...
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The competition authority imposed fines due to dietary supplements
Several companies have given misleading information about certain dietary supplements that are containing devil's tongue extract (glucomannan). The agency on Tuesday informed that the proposed daily doses of the Celsus...
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Getting Familiar with the horse meat?
The consumption of horse meat is sacrilege in the eyes of many people, but some of the horses in Hungary finishes its life as a food product. However, no horses...
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Consumer confidence decreased strongly in the US
After a slight decline of october, consumer confidence deteriorated sharply in the United States in November – the Conference Board economic research institute announced on Tuesday. The CCI (Consumer Confidence...
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The PET Bottle Movement calls for the removal of the waste floating in the river Tisza
The PET Bottle Movement urges a rapid removal of the waste floating in the river Tisza – the movement's organizer, the Természetfilm.hu Association sent a communication to MTI on Tuesday....
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Successful corn variety presentation in Debrecen
A corn variety testing system was introduced at the Debrecen laboratory of the National Food Chain Safety Office (NÉBIH). There were 80 participants from 32 town and villages. Sándor Szabó,...
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Farm produce marketplace in Kecskemét
Every Thursday local farmers and artisan food producers are selling their products in front of the Town Hall in Kecskemét. The farm produce marketplace programme was organised by the county...
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Dairy sector plans to introduce a standardised system
At the last Agriculture Club meeting, organisers K&H Group and Agrár Európa Kft. urged important actors of the diary sector to develop a standardised system for calculating production costs, which...
Read moreMagazine: Rural Development Programme commences
The first grant programmes in the government’s HUF 1,300 billion Rural Development Programme (VP) will be announced this autumn. In addition to the HUF 206-billion sum available from this budget,...
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