Events

MNB proposals to boost credit card use

The National Bank of Hungary (NBH) has developed a three plus one-piece package of proposals to boost the domestic debit card use for expansion of the credit card market –...

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NAV: Customs authority permit is needed to the retail trade of tobacco products

Retail trade of tobacco products can be carried out only with customs authority permission. It is not enough to conclude the concession contract after 1 July – National Tax and...

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The new rules of the CAP will enter into force in 2015

The final agreement over the main rules of the Common Agricultural Policy (CAP) affecting agriculture is expected by the end of June – Czerván György, Minister of State at the...

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MagyarBrands competition is on

Superbrands Hungary is launching its 2013 campaign for the best HUngarian brands, called MagyarBrands. The jury selects the winners based on a set of criteria, such as the brand’s presence...

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Euro zone’s compound PMI remained unchanged in April

Euro zone’s compound purchasing managers index in April has not changed compared to the final datas of March; the index of the service sector improved slightly, while the index of...

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Magazine: FMCG retail closed a difficult year

In 2012 households hardly spent 1 percent more on FMCG products in terms of value than in the previous year. Only few categories were able to produce real growth in...

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The first Soup Festival of Buda will be held during the weekend

The first Soup Festival of Buda will be held at the Hild courtyard of the Császár-bath, between 26 and 28 April, where the visitors can taste Hungary’s and the world’s...

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More than two-thirds of the world's seized counterfeit products are from China

Fake eggs, fake iPhones, fake IKEA store – almost everything is copied in China. 67 percent of the world’s counterfeit goods derives from there – South China Morning Post writes....

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Denmark abolishes the tax on soft drinks

Denmark abolishes the special tax on soft drinks. According to the expectations of the Danish government by introducing the measure new jobs will be created in the country and an...

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The Vidék Mustra was temporarily moved to another location

Due to the renovation of the Kossuth Lajos Square, the Vidék Mustra farmers’ market moves to the nearby market hall in Hold Street from 26 April – the National Agricultural...

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GMO-free soybean cultivation against import dependence

Hungary aims to provide high quality, domestic non-GMO soy, reducing the country's import dependence – Czerván György, Minister of State at the Ministry of Rural Development responsible for agri-management told...

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The government would help the pig sector with unspent EU funds

The government would help the pig sector with unspent EU funds until the end of the year, in order to support the doubling of the current pig population – Font...

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Nébih: nighttime inspections continued at the wholesale markets

The inspectors of the National Food Chain Safety Office (Nébih) carried out an another inspection at the wholesale market in Budapest. The authorities destroyed a total of 21 tons of...

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The best Hungarian brands were awarded

The MagyarBrands recognitions were handed over for the third time on 17 April to the best domestic brands at the Budapest Operett Theatre. The award was founded three years ago....

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The Ministry of Rural Development is considering the introduction of the five percent VAT in the pig sector

The Ministry of Rural Development proposes the introduction of the five percent VAT in the pig sector, after the reverse VAT veto in Brussels. The ministry's proposal is being discussed...

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Almond and apricot trees fell into bloom

The most popular Hungarian fruits blossomed with the advent of the late spring. According to Dr. Apostol János, head-reseracher of the State Pomology Scientific Research Institute an excellent year is...

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Shopping tour in Chicago – our collegue's report

GlobalShop's organizers have set up a shopping tour for the day, without actually telling the stores they would get professional visitors, so we had the chance the view everything with...

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Common brand strategy for the downtown shops

The local government of the 5th district develops a common brand strategy in order to boost the sales of the downtown businesses. Puskás András (Fidesz-KDNP), the district's deputy mayor told...

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Nébih: increased control on vegetables and fruits

The National Food Chain Safety Office (Nébih) tests the vegetables and fruits came from abroad. In recent weeks, five shipments, more than 60 tons of products were confiscated during the...

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The Atradius draws attention to the risks of the changing tobacco market

The retail units that are currently selling tobacco products almost certainly face a drop in income, while the tobacco wholesalers can get thousands of risky buyers, when the tobacco shop...

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Success of Eger winemakers at the Wine World Championship in Bordeaux

The wineries of Eger won four gold, five silver and nine bronze medals in Bordeaux at the non-official Wine World Championship. Once again the wine region of Eger has become...

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These will be suspicious for NAV

The online cashiers will reveal a number of behavior, which we does not even think to give rise to suspicion at the tax authorities. Not only the specific traffic datas...

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KEK Ministerial Meeting in the spirit of green growth in Budapest

A two-day ministerial meeting was held at the Ministry of Rural Development (VM) in Budapest in the spirit of green growth. Representatives of the 18 member countries of the Central...

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GlobalShop has opened – a report

A long queue of visitors were interested in the retail rock stars of the industry at A.R.E.'s Design Awards presentation on the opening evening of GlobalShop at McComick Place. The...

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A classic icy delicacy from Vienna

What can be more pleasant on a hot summer day than a cup of coffee with milk, served ice cold? MARESI Vienna iced coffee with cream perfectly meets these expectations:...

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Stable place in the top 20 and two-digit growth

Ice cream value sales were up 19 percent in February 2012-January 2013 if compared with the base period; in volume sales the Nielsen Retail Index registered plus 11 percent. The...

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Ice cream on a stick conquers, mainly because of its price

The summer of 2012 was very hot, so ice cream sales were soaring. Dr Ildikó Murányi, business development manager with Nestlé & Mövenpick Ice Cream told our magazine that private...

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