Events

The LMP withdrew the mall stop proposal

The LMP withdrew the mall stop proposal , so now the Fidesz will have to submit the idea of LMP to the parliament under their name, if they still want...

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Kopint-Tárki: The tax burden on low wages holds back growth

The dramatic tax burden on low wage earners can hold back Hungary's growth prospects the most – said Palócz Éva, CEO of Kopint-Tárki CEO in the InfoRádió. The company has...

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The “one sow – one house” program hardly constitute raw material for large-scale meat processors

Experts expect persistently high or rising pork prices, which theoretically can increase the domestic livestock, that has been shrinking for years. However, the “one sow – a house” program, if...

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Consumer Protection: within two years, the EU Directive should be transposed into the national law

The EU Member States have two years to transpose the legislation of the consumer contractual rights, since the European Council adopted them on October 10 and will publicly announce it...

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Deloitte warns the tax risks of marketing campaigns

Many consumer goods, manufacturing and marketing enterprises apply marketing campaigns and various promotions in order to encourage purchases, but these actions contain significant tax risks, because there is still no...

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Georgian wine and mineral water may return to the Russian store shelves

Georgian wine and mineral water may soon return to the Russian store shelves, that were banned in Russia, after the relations deteriorated in 2006, saying that these products contain heavy...

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Magazine: Frequent promotions and developing brands characterise the olive oil market

Olive oils’ main season is the summer; still they also managed to produce a 5-pecent sales growth in a 12-month perspective. Petra Kovács, trade marketing manager with Bunge Zrt. (Floriol’s...

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National Wine Tasting in Markaz

From the 1st of October, 17 billion HUF is available for vineyard planting and for Hungarian wine marketing an annual 900 million HUF will be given by the state –...

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ANUGA: prices going up, food safety is a key term

As part of Anuga's supporting programme, the Federal Association of the German Retail Grocery Trade (BVL) will conduct a seminar called “Sustainable Saltwater Fish and Environmentally Compatible Aquaculture”. The seminar...

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Open debate about frozen meat by the Ministry of Rural Development

The Ministry of Rural Development (VM) is opening a debate on the facilities of the usage of frozen meat. Professional circles discuss over and over again the legislative requirements that...

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KSH: Foreign trade turnover improved in August

After the decrease in the exports and imports value of June and July, the August foreign trade turnover has shown a strong growth – announced the Central Statistical Office (KSH)...

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KSH: the growth rate of agricultural prices will moderate

The agricultural producer price level in August 2011, was 12.4 percent higher than a year ago. The price of plant products and live animals and animal product prices increased by...

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FAO: we can expect big fluctuations in food prices

According to the forecast of the UN Food and Agriculture Organization (FAO); even larger fluctuations are expected in food prices in the forthcoming years. The typically high prices remain and...

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The Mobil Tárca Association has been formed

The Magyar Telekom, the Telenor, the Vodafone, the MasterCard, the OTP Bank and the SuperShop have formed the Mobil Tárca Association. Their aim to introduce the mobile NFC (near field...

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The Trade Union of Meat Industry Workers warns for field loss meat of meat factories

The further field loss of the meat plants with larger production capacity may result in significant job losses, and can affect the consumers badly – states the Trade Union of...

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Magazine: to what extent promotions influence where we go shopping?

There is a constant and robust growth in the advertising activity of fresh meat and fruit-vegetable products in the leaflets of nationwide retail chains. While in 2009 6,667 ads appeared,...

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Sturgeons reaching Black sea

“The species most in demand are also the ones that fetch the highest prices on the market. A kilo of farmed sturgeon costs €12-13, for example, and turbot roughly €9...

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Russia visits the Pálinka and Sausage Festival of Castle of Buda

The finest selection of pálinkas, superb sausages and live music awaited the visitors at the Castle of Buda October 6-9. This year, the Palinka and Sausage Festival of Castle of...

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Anuga in Cologne: Health, well-being and safety are the key words

Anuga, the world's largest food trade fair this year has opened its gates on Saturday in Cologne. Until Wednesday, more than 6,600 exhibitors from 100 countries, including 31 Hungarian companies...

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MagyarBrands: TOP 2011 – full of surprises

This is the second time this year that the list of leading Hungarian brands is being published by MagyarBrands. While the elite consisting of the classic brands is relatively stable...

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The range of chips-tax affected products may expand

The government would extend the range of public health product fee on flavored beers, coffee and alcoholic beverages – shows the draft possessed by hvg.hu. In addition, the current tax...

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The climate change can redraw the world's “wine map”

Over the next three decades, wine production may be reduced into its half in Napa Valley, which is one of the largest wine region of the United States. According to...

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Magazine: Demand is shifting towards wet pet food

In the past 12 months the pet food market contracted, albeit in the last six month the negative value sales trend slowed down – informs Adrienn Földi, MARS Hungary Kft.’s...

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Bokros Lajos stood beside for the privatization of the Hungarian sugar factories

Bokros Lajos, Board member of the the former State Property Agency former Finance Minister stood in for the privatization of the Hungarian sugar factories on Friday in Budapest, in front...

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Finance officers seized nearly one thousand liters of alcohol products

Nearly one thousand liters of alcohol products were seized by finance officers at two properties of one owner in Mélykút, Bács-Kiskun County – told the Customs and Finance Directorate to...

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Micro- small and medium-sized confidence index scored low

Confidence index based on the survey of K&H pointed out that Hungarian micro, small and medium-sized business leaders are more pessimistic than ever: the confidence index stopped decreasing in the...

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Analysts expected better industrial production results

On the basis of the preliminary datas; the volume of industrial production increased by 4.4 percent in August 2011, compared to the same period of last year, while working-adjusted decreased...

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Foreign currency loans can absorb the Christmas shopping mood

This year can also bring a minus turnover, if the government cannot ease the burden of those who have foreign currency loans – believe the traders. There is a high...

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The increase in transport costs, does not increase bread prices

At vehicles less than 7.5 tonnes, the gasoline excise tax increase, increases the total transport costs by 2 percent. This may mean a 0.02 percent increase in retail prices –...

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Budapest participates in the Expo Real in Munich

After the Oktoberfest, the Bavarian costumes were replaced by suit and the Expo Real in Munich started on the 4th of October. The main exhibitors of the Budapest stand this...

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