Market News
The three missed tobacco companies have cooperated
Date: 2015-06-24 11:55:17
The Imperial Tobacco Magyarország Kft. offers an up to 6 billion HUF concession fee to the provision of tobacco retail. The JTI Hungary Zrt. és a Philip Morris Magyarország Kft....
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The Balaton Association’s request was rejected
Date: 2015-06-24 11:50:36
Varga Mihály Minister for Economic Affairs rejected the Balaton Association's request that all the shops need to be open during the summer season. The ministry will decide in the autumn...
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Bisnode: not permitting the delay in payment is a competitive disadvantage to the companies
Date: 2015-06-24 11:30:15
According to the analysis of the Bisnode business information company sent to MTI on Wednesday, those companies can be in competitive disadvantage that do not permit the delay in payment...
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Most of the Hungarian melon has been vaccinated
Date: 2015-06-24 11:25:13
Most of the Hungarian melon has been vaccinated. But the average person cannot taste the difference between vaccinated and not vaccinated melons. This year's Hungarian harvest seems to be a...
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60 percent of the employees are committed towards their companies
Date: 2015-06-24 11:22:19
According to a survey, 60 percent of the employees are committed towards their companies in Hungary, and do not plan to change jobs and perform beyond the expectations to fulfill...
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Crisis Management in CEE Countries
Date: 2015-06-24 11:10:58
Sorry, this entry is only available in HU....
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More than seven thousand packs of smuggled cigarettes were found in Zala
Date: 2015-06-24 11:02:35
The finance guards of the National Tax and Customs Administration (NAV) found more than seven thousand packs of smuggled cigarettes (worth about eight million HUF) in three cars on the...
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Google and GE among the most active lobbyists in Brussels
Date: 2015-06-24 10:59:58
Google and General Electric (GE) are some of the most active companies lobbying the European Commission, the Transparency International (TI) said on Wednesday. In a report analyzing meetings held by...
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Brussels wants 1-percent growth in the size of grape plants
Date: 2015-06-24 10:15:04
According to a new regulation by the European Commission, from 2016 until 2030 EU member states are allowed to increase the size of grape growing land by maximum 1 percent...
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Meat Association: the VAT reduction whitens the economy
Date: 2015-06-24 09:08:08
The presidency of the Meat Association opines that reducing the VAT on meat to 5 percent can greatly contribute to cleansing the sector and fostering a fair market competition....
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List of 2007-2014 agricultural subsidies
Date: 2015-06-24 09:06:33
The Ministry of Agriculture and the rural development secretariat of the PM’s Office are preparing a list of the various subsidies granted to farmers in the 2007-2014 period. With the...
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Nielsen: Nearly half of the Hungarian consumers are open to new products
Date: 2015-06-23 11:55:29
An average of 32 500 new products appear in the food retail every year and after twelve months about 8 thousand remain on the market – Barta Mónika, Senior Account...
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Sunday store closure: pros and cons about the number of the employees
Date: 2015-06-23 11:45:30
The number of employees decreased by more than two thousand in trade and the number of overtime hours also jumped since the introduction of the Sunday store closure – the...
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Hungary is one of the largest net beneficiary of the EU's new budgetary cycle
Date: 2015-06-23 11:33:22
Hungary is one of the largest net beneficiary of the European Union’s new budgetary cycle that lasts until 2020 – Szűcs Tamás, head of the European Commission’s Representation in Hungary...
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The Nébih did not find deficiencies at lemon beers
Date: 2015-06-23 11:30:29
The National Food Chain Safety Office (Nébih) tested fifteen lemon beers and found no deficiencies during the two months-long on-site control of the 4 largest domestic breweries. According to the...
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New trading houses will open in the Carpathian Basin
Date: 2015-06-23 11:25:02
The Hungarian government will expand the network of trading houses in the Carpathian Basin – the Minister of Foreign Affairs and Foreign Economic Relations announced in Budapest on Tuesday, at...
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The majority of the cherry from Nagykörű to be exported to Romania this year
Date: 2015-06-23 11:22:46
Exports to neighboring countries increased significantly from the internationally renowned Nagykörű cherry this year, meanwhile the interest towards the West European markets declined – Veres Nándor, mayor of Nagykörű told...
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The MNB expects price increases and larger growth
Date: 2015-06-23 11:20:15
The Monetary Council of the Magyar Nemzeti Bank, increased its expectations for GDP expansion by relation by 0.1 percentage points to 3.3 percent. The Hungarian National Bank (MNB) also increased...
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Szekszárdi wines bottled with a uniform image
Date: 2015-06-23 11:18:09
The bottling of the Szekszárdi wines with uniform appearance has begun. The first wines were the 2012 vintage kadarka wines of the Mészáros Winery that were filled into the wine...
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Deloitte: Hungarian companies spend more and more on research and development
Date: 2015-06-23 11:17:12
The business-related spendings on research and development (R & D) increased significantly in the 2010-2013 period. As a result, after nine years of stagnation of around 1 percent the proportional...
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The IMF doesn not like the Romanian VAT reduction
Date: 2015-06-23 11:05:07
The Romanian government's plan to reduce the current 24 percent general VAT rate to 19 percent can cause substantial government deficits – the International Monetary Fund (IMF) believes. Guillermo Tolosa,...
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Working hours vs. private time: blurred lines
Date: 2015-06-23 10:22:42
Working from home and handling private matters during working hours: technology enables us to be connected anywhere, anytime. What does that mean to our workload? And are people still able...
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Cider is the most popular drink of the summer
Date: 2015-06-23 10:14:58
Strongbow is a dry cider produced by H. P. Bulmer in England since 1962. The dry cider is the world's leading cider with a 15 per cent volume share of...
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Magazine: Office in your pocket
Date: 2015-06-23 08:36:10
Smartphones are conquering the world. According to the Ericsson Mobility Report (published this February), last year 1.3 billion were sold worldwide. It took 5 years for the number of smartphone...
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GKI expects an around 2.7 percent GDP growth
Date: 2015-06-22 11:55:14
The GKI Gazdaságkutató Zrt. Economic Research Company published its latest projection on Monday. According to the projection, the Hungarian economy will grow faster in 2015 than the EU average, which...
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Analysts: a slowing, but still a significant wage growth
Date: 2015-06-22 11:47:20
The wage growth is slowing, but is still significant – analysts told MTI. This year, an about 3.5 percent real wage growth can occur, according to the Savings Bank, while...
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The payment of EU funds significantly accelerated in Hungary
Date: 2015-06-22 11:42:04
87 percent (21.7 billion euros) of the EU support funds of the 2007-2013 cycle were distributed to the beneficiaries in Hungary by the end of 2014, which represents a 25...
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The trade union calls the winners of the tobacco tender for the equitable distribution of jobs
Date: 2015-06-22 11:25:33
The Trade Union of Tobacco Industrial Workers (DDDSZ) calls on the tobacco consortium that won the tobacco tender to give a real opportunity to all employees who are working at...
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The purchase price of cherries is low
Date: 2015-06-22 11:24:45
The purchase price of cherries is low in Szabolcs-Szatmár-Bereg and Hajdú-Bihar counties, so the farmers can leave the fruit on the trees as well – a local primary producer informed...
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Harvest has begun in Békés county.
Date: 2015-06-22 11:20:27
Winter barley is produced on 12.5 thousand hectares in Békés county. The experts forecast 4.5 tons per hectare average yields. The winter barley harvest has started in every district of...
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