Market News
The VAT on pig carcass will be reduced to five percent
The proposal causes debates among the domestic players of the meat sector. It proposes to decrease the VAT on pig carcass from 2016 to 5 percent from the current VAT...
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Snack market: the Hungarians have turned towards Exotic flavors
Hungarians are not noshery people. Only slightly more than half of the population consumes the most popular types of snacks, the potato-chips and salty breadsticks. The ratio of those who...
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The Cash Register Association asks for the service sector’s patience
The Hungarian Cash Register Association draws the attention of the users of the service sector, not to buy cash registers that does not fully meet their needs, before the appearance...
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KSH: average earnings rose by 3.4 percent in February
Average earnings increased by 3.4 percent in February, compared to a year before, at firms employing at least five employees and in the Non-Profit sector – the Central Statistical Office...
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More than 40 million tons of e-waste was generated globally in 2014
Old kitchen and bathroom equipments, office equipment make up the 41.8 million tons of electronic waste generated globally in 2014 – according to the report of the United Nations University...
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Thousands of square meters of wall can be renewed within a national competition
The Let's Colour City Beautification Society announces its national competition again. This year, the competitors can win paint enough to 800 square meters of wall to the renewal of community...
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Another important date is getting closer
From 1 January 2016 invoicing software can only be used if it has a ‘data providing for tax authority control’ function. Márta Siklós, senior consultant at LeitnerLeitner thinks eight months...
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IT is a part of business operations
According to László Tátrai, head of IT at SPAR Hungary, at the moment there is no peculiar trend which is likely to become dominant in the near future. Still, international...
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Consumers’ favourites
The Product of the Year project started in Hungary in 2012. It is one of the world’s most important consumer-voted award schemes for innovative products. FMCG manufacturers and distributors can...
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The state supports the purchase of the new cash registers
Those businesses can rely on State aid that should by online cash registers soon – the Napi Gazdaság wrote on Monday. tax államtitkárára. Pankucsi Zoltán, the National Economic Ministry’s Deputy...
Read moreThe Russians started the inspections at Hungarian and Greek meat processing companies
On Monday, the specialists of the Russian Federal Veterinary and Plant Protection Service (Rosszelhoznadzor) started the inspections of the Hungarian and Greek meat processing companies that are exporting to Russia...
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MVH: the submission of the single agricultural grant applications is underway
The submission of the single agricultural grant applications began on 1 April. Now applications were submitted to about 900 thousand – 1 million hectares – Gyuricza Csaba, president of the...
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The rate of decline slowed in the European Union
The rates of decline slowed in March in the European Union – the Eurostat announced. According to the data of the EU’s statistical office of consumer prices on an annual...
Read moreGMO-free feed is the goal
It is important to give the animals non-genetically modified (GMO-free) feed – Feldman Zsolt, Deputy Minister of State of the Ministry of Agriculture told M1 news channel on Sunday. Feldman...
Read moreIllegal tobacco plant in Szabolcs-Szatmár-Bereg county
The finance officers found an illegal tobacco plant in Szabolcs-Szatmár-Bereg county – press officer of the National Tax and Customs Authority told MTI. Dávid Zoltán told that the finance officers...
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The Hungarian National Tourist Office to be renewed
The Hungarian National Tourist Office (MT Zrt.) to be renewed, in order to provide more efficient support to the agricultural marketing programs – National Economy Ministry told MTI on Monday....
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Innovative Franchise Network of the Year
BENU Pharmacies, the biggest pharmacy chain in the country, operate 200 units in Hungary. BENU Magyarország Zrt. was the first in the domestic market to develop a know-how that offers...
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Franchise Network of the Year
The Hertz Car Rental network entered the Hungarian market in 1978. After the political transformation a German businessman took over the master franchise and formed Mercur Rent a Car Kft....
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Marketing Award the Year, 2014
Fornetti revamped its image with a new logo, new decoration for the 2,500 partners’ units, brown and orange newly built bakeries, new POS material, new counters optimised for product displaying...
Read moreOnly qualified family members can help in food retail
Those food store owners who want to open their shops on Sundays should send their family members back into school – the Népszabadság Online refers to the blokkk.com retail professional...
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More than 70 thousand new online cash registers are needed
The cash register manufacturers expect that more than 70 thousand new new online cash registers will be needed if the range of those will expand who are obliged to use...
Read moreThe local governments around the Lake Balaton ask for exemption
The Balaton Association (BSZ) including the local governments around the lake wrote a letter to Varga Mihály, National Economy Minister (NGM) to achive exemption to the commercial enterprises from the...
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The meat of indigenous animals can appear in the canteens
The canteens should also serve the meat of native animals – Fazekas Sándor, Minister of Agriculture emphasized. In the current EU budget cycle more resources can be used on indigenous...
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Facebook advertisings are becoming less effective especially for young people
The most visible result of a Great Facebook Research this year is the dramatic increase in the rejection of adverts, especially by the young age groups. But surprisingly, the older...
Read moreExcise duty on tobacco products increases in Croatia
On Thursday, the Croatian government decided to increase the excise tax on fuel and tobacco products. The price of gasoline and diesel fuel may increase by 25 lipas (10 HUF)...
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Online retail takes a smaller bite off the cake?
The Digital Life Design (DLD) conference was organised in Munich at the end of January. It caused a great uproar that several speakers declared: although today online sales growth is...
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Shopper engagement study by POPAI
POPAI was founded in the USA in 1936 (originally its name was Point of Purchase Association International, but today it is called the Global Association for Marketing at Retail). In...
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Magazine: Creativity in trade marketing
This year’s ‘Trade marketing, my love’ conference – organised by the Trade Marketing Club – focused on the theme of creativity and how it can be used in everyday life....
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The Nébih imposed fines of 16 million HUF during the Easter controls
During the 3800 tests of the Easter controls, the National Food Chain Safety Office (Nébih) imposed fines of 16 million HUF in 148 cases – the Nébih told MTI on...
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Bisnode: the hospitality is the riskiest sector, retail also fell back
The hospitality took the place of the construction industry over on the list of the most hazardous industries in Hungary – according to the analysis of the Bisnode. The construction...
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