Market News
The NAV assumes the preparation of income tax returns
The government amends the law on taxation. You do not have to prepare income tax returns from 2017 and those who do not avail of benefits do not have to...
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The ÉFOSZ and the Association of Confectionery Manufacturers proposed a partnership
A paradigm shift is needed in public health – was said at the professional conference of the National Institute for Health Development (NEFI). Although in the last five years, several...
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Four new products among the Hungaricums
The list of Hungaricums was expanded with four Hungarian products, the paired sausage from Debrecen, the spritzer, the Bajai fish soup and the chamomile inflorescence from the Plains – was...
Read moreBisnode: less Hungarian companies were terminated
The ratio of winding up and liquidation processes against the Hungarian companies steadily declined in the first nine months of 2015, while the proportion of the bankrupted Hungarian enterprises also...
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Export Expressz: a complex professional program will bring new impetus to the exports of the domestic SMEs
The Hungarian National Trading House (MNKH) launches a professional program called Export Expressz based on three pillars to expand the export activities of the domestic small and medium-sized enterprises (SMEs)....
Read moreInvestigation against a cigarette smuggling crime organization
The NAV is implementing an investigation against a criminal organization. The charge is money laundering and receiving stolen goods. The suspects were arrested within a nationwide action of the National...
Read moreThe beer market increased by nearly 4 percent in Romania
In the first half of the year, the beer market increased by 3.8 percent in Romania, compared to the same period of last year – the Romanian Brewers Association announced...
Read moreBuilders of Stonehenge really loved pork
The builders of Stonehenge's builders were big fans of meat. Chemical analysis of the several hundred pot fragments discovered indicate the containers were used for preparing and cooking meat such...
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Positive trends in grocery retail
FMCG retail sales amounted to more than HUF 1,000 billion in December 2014-July 2015. Values sales increased by 4 percent and volume sales grew by 3 percent. The 7-percent sales...
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Household chemicals and cosmetics: lower sales concentration
In the first half of 2015 value sales of household chemicals and cosmetics grew 6 percent to HUF 170 billion, while volume sales stayed put. Stores with a floor space...
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Hungary’s credit rating getting better
According to a forecast by GKI Economic Research Zrt., after the 3.6-percent growth in 2014 and the 3.5-percent expansion in Q1 2015, this year a 2.7-percent economic growth will be...
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Magazine: A drop in our agri-food export to Russia
Hungary’s agri-food export to Russia decreased by 14 percent in 2014, from EUR 267 million to 230 million in value. In part this was caused by the crisis in the...
Read moreThe amount of the food chain supervision fee may decrease
No compromise has been born with Brussels about the degree of the food chain supervision fee, but the new public duty is expected to be lower than the previous –...
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KSH: agricultural producer prices decreased by 3.8 percent in August
Agricultural producer prices fell by 3.8 percent in August, compared to the same period of the previous year. The price of crop products increased by 0.9 percent, while the price...
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The Ministry of Agriculture (FM) would tighten the rules on the marketing of potatoes
The Ministry of Agriculture (FM) would tighten the rules on the marketing of potatoes – the agrarszektor.hu wrote. The goal is to provide only appropriate quality, sorted potatoes to the...
Read moreThe sale of state lands has begun
The Ministry of Agriculture told MTI that the sale of a portion of the state lands has begun on Tuesday with the announcing of the lands, less than 3 hectares....
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The NFH tested coffees and energy drinks
The National Consumer Protection Authority (NFH) carried out the comparative analysis of eight different coffees, 7 types of instant coffee blends, as well as a of 15 kinds of energy...
Read moreHungary would increase its trade with Latin America
Hungary is ranked 23rd among the European Union member states in terms of the South American trade. Bus Szilveszter, Deputy Minister of State of the Ministry of Foreign Trade and...
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The Nébih warns of the dangers of wild mushrooms
It is important to ask for professional inspector examination of wild mushrooms, before consumption, both for the operators of catering unit and for hikers and mushroom collectors – the National...
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New headquarters for SEFAG
Kaposvár-centred forest management company SEFAG invested HUF 550 million in modernising its central office. For instance a 15-unit, soil-probe heat pump was installed for heating and cooling purposes. Employees of...
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Hungary has the chance to become an innovation centre
State secretary for economic regulation (Ministry for National Economy) Béla Glattfelder told that through the use of European Union funding, Hungary has an excellent chance to become a centre of...
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Alpha-Vet’s 400-million-forint development project
Alpha-Vet Kft. invests HUF 400 million in building a factory where they are going to manufacture a solution that increases plants’ desiccation tolerance and makes them stronger, giving higher yield...
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Sole-Mizo improves curd and whey drink production
Sole-Mizo Zrt. has used European Union funding for modernising its curd and whey drink production. From the HUF 1.8-billion project HUF 845 million was financed by the EU. The company’s...
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Magazine: Useful website for Hungarian enterprises, organisations and institutions
In the 2014-2020 programming period the Hungarian Development Centre (MFK) does information providing and coordinating work related to direct funding opportunities offered by the European Union outside the framework of...
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A unified system for the dairy sector
The Agrár Klub that includes the profession's leading firms aims to develop a method to calculate milk own-costs. By using this method the industry participants will become measurable and comparable,...
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FM: sugar beet growers will receive 2.5 billion HUF from 1 December
The sugar beet growers will receive about 2.5 billion HUF production-linked subsidies in 2015. The payment of the subsidies is expected to start from 1 December. The amount of the...
Read moreThe OECD indicates a slowdown in growth
The August indicator of the Organisation for Economic Co-operation and Development (OECD) indicates a slowdown in the economic growth rate. The CLI (Composite Leading Indicator) that is predicting the differences...
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Eggs should be rehabilitated
Eggs play an important role in the human diet for thousands of years. At the end of the last century, it has been linked to several diseases, such as arteriosclerosis,...
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NGM: the structure of industrial production is getting more and more balanced
The structure of industrial production is getting more and more balanced. In addition to the automotive industry, the pharmaceutical and food industries also helped the foreign trade in August –...
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