Market News
The recently formed Hungarian Cash Registers Association proposing tenable deadlines
Date: 2014-10-30 11:35:32
According to the Hungarian Cash Registers Association, the online cash register system creates equality between the companies, because it eliminates the competitive advantage of businesses who avoided to return tax....
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AMC starts in Hungary on 5 November with exclusive series premieres
Date: 2014-10-30 11:24:21
The AMC TV channel debuts in Hungary on 5 November. One of the most popular and most awarded television brand is entering the European market the same day. The AMC...
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Fungal infection-resistant wheat and corn varieties are bred in Szeged
Date: 2014-10-30 11:05:59
The experts of the Gabonakutató Nonprofit Kft. are working on the breeding of Fungal infection-resistant maize and wheat varieties in Szeged in a cooperation with a number of research institutes...
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Iran starts exporting egg to Russia
Date: 2014-10-30 08:49:43
The latest report of the Agricultural Economics Research Institute (AKI) reveals that in part due to the mutual trade embargo between the European Union and Russia, Iran has started exporting...
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KSH: August retail sales rose by 2.5 percent
Date: 2014-10-29 12:30:09
In August, the volume of retail sales by 2.5 percent pace in compared with a year earlier, according to teh calendary adjusted datas, while the unadjusted index indicates an increase...
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The Hungarian consumer confidence index remained stable in the third quarter
Date: 2014-10-29 11:54:29
In Hungary, the Nielsen Consumer Confidence Index reached the record level in the latest period. It is standing on 56 points in the third quarter, as well as during the...
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NÉBIH: report on the last months
Date: 2014-10-29 11:50:34
Zsigó Róbert Minsiterof State responsible for food chain surveillance spoke at a press conference about the result of the food chain-sector control carried out by the National Food Chain Safety...
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Bluetongue virus at thirteen farms in Csongrád County
Date: 2014-10-29 10:58:59
The signs of the bluetongue virus was detected in case of thirty-six animals at thirteen farms in Csongrád County. In the case of the killed or forced to be slaughtered...
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Healthy produce from small gardens to the table
Date: 2014-10-29 10:42:28
Microbiological solutions specialist AGRO.bio Hungary Kft., the Agricultural and Rural Youth Association (AGRYA) and their partners launched their City Gardeners training programme on 4 September. The programme has been created...
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Low maize prices
Date: 2014-10-28 12:05:37
2012 was a black year in the life of maize producers. As it is known because of the spring and summer drought, the lowest crop was harvested in Hungary since...
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The GKI-Erste economic activity index was again on top in October
Date: 2014-10-28 12:00:21
In October, the seasonally adjusted value of the GKI-Erste economic activity index nearly reached its one and a half decades peak reached in April. According to the survey of the...
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Tobacco companies are good debtors
Date: 2014-10-28 11:50:33
The average value of the recovery cases is lower-than-average in case of the tobacco industry operators. It is about 250-300 thousand HUF. Typically, 20 percent of the debts will be...
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Cable Communications Association: the modified Internet tax cannot be accepted as well
Date: 2014-10-28 11:45:52
The Hungarian Cable Communications Association (MKSZ) does not comply with the introduction of the Internet tax in any form, they also reject the amended draft, and calls the government to...
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The Hungarian farmers are forming an alliance
Date: 2014-10-28 11:40:22
The domestic producers have agreed on a cooperationfor the further development of the community agriculture, in order to improve education, fundraising, lobbying, to exchange experiences and to assist young and...
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A new generation of Hungarian farmers
Date: 2014-10-28 10:40:07
There were more than 200 participants at the Young Agricultural Experts Club meetings organised by Syngenta in Balatonszárszó, Kecskemét and Hajdúszoboszló. Farmers between the ages of 20 and 40 were...
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Tobacco already being purchased in Nyíregyháza
Date: 2014-10-28 10:35:41
Universal Leaf Tobacco Magyarország Zrt. (ULT) plans to purchase 6,000 tons of Virginia and 3,000 tons of Burley tobacco. ULT employs 27 people permanently and recruits 150 workers for this...
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The OKSZ calls for the withdrawal of tax proposals affecting the food market
Date: 2014-10-27 12:10:50
The National Trade Association (OKSZ) calls for the withdrawal of next year’s tax proposals on taxation change, because the proposed charged fees on the commercial operators may exceed 20 billion...
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It is good to eat good, it is good to do good!
Date: 2014-10-27 11:10:33
The third Eat for Each Other Fundraising action of the Hungarian Food Bank Association is approaching towards its end: at the national level more than 80 locations and events have...
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The cocoa compounds can prevent from mental decline in old age
Date: 2014-10-27 11:07:28
A diet rich in cocoa could help stave off dementia-like memory loss in the elderly, new research suggests. Scientists found that cocoa bean flavanols, which are naturally created dietary compounds...
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Campaign to support the purchase of domestic food in the Czech Republic
Date: 2014-10-27 11:06:49
A campaign was launched in the Czech Republic on Monday to promote the purchase of the Czech food products. The campaign lasts until January 4. It primarily consist of awarded...
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No more unidentified import wine
Date: 2014-10-27 09:33:32
A decree is being prepared for the identification of imported wines. In the future the period for putting imported bulk wine into circulation will be 90 days instead of the...
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Hungarian sugar campaign commences
Date: 2014-10-27 09:29:49
Magyar Cukor (MC) Zrt.’s Kaposvár factory – Hungary’s only sugar processing facility – started the 121st campaign on time. This year contracts have been signed with farmers for 10,830 hectares...
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Magazine: Discounters’ share from wiener sales is growing
Date: 2014-10-24 12:23:17
László Benedek, sales and marketing director of Kaiser Food Kft. told the following in connection with the high season – the week before New Year’s Eve – in the wiener...
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Record breaking second quarter
Date: 2014-10-24 08:28:04
After the 3.7-percent GDP growth in the first half of the year GKI Economic Research Zrt. changed its annual growth forecast from 2.5-percent to 3 percent. GKI still expects slowing...
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A three-year program starts against child obesity in Hungary
Date: 2014-10-22 11:40:11
A three-year program starts against child obesity in Hungary first in Dunaharaszti. The leaders of the project are the GYERE children's health program and the Hungarian Dietetic Association as the...
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One sixth of the VAT is not collected in the EU Member States
Date: 2014-10-22 11:40:00
Due to the non-payments of dues or inadequate recovery the Member States of the European Union loose more than 177 billion euros fiscal revenue – according to a study published...
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Changes in the private pálinka cooking
Date: 2014-10-22 11:32:15
Next year's tax law draft was submitted to the Parliament on Tuesday. It contains changes in connection with the private pálinka cooking. According to the draft the amount of obtainable...
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IVSZ: Internet tax is an overhead increase
Date: 2014-10-22 11:31:17
The Internet tax deepens the already significant digital gap further in Hungary. It causes difficulties to all businesses in Hungary, and will lead to a price increase of Internet subscription....
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Analysts: the labor market situation continues to improve
Date: 2014-10-22 11:29:00
The labor market continues to improve. The private sector also contributed to the expansion of employment and real wages substantially expanded beside the negative inflation – the analysts of Buda-Cash...
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