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KSH: inflation declined to 2.1 percent in May
Consumer prices were an average 2.1 percent higher in May than in the previous year, inflation slowed down by 0.1 percentage point from the 2.2 percent of April. Compared to...
Read moreChamber of Agriculture: the demand for Hungarian cherries may be bigger in Europe this year
This year, the demand for Hungarian cherries maybe higher than in previous years, as the yields in Poland fell considerably due to May frosts, the National Chamber of Agriculture (NAK)...
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VAT on pork offal may fall to 5 percent next year
The VAT rate on pork offal may fall to 5 percent next year if the Parliament accepts the amendment supported by the Parliament’s Legislative Committee on Thursday. The committee voted...
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Export value declined in April
In April, exports in euro were 1.6 percent lower, while imports were 0.4 percent lower than in the same period of last year, after the 19.0 and 21.3 percent increase...
Read moreTesco: another 1 billion for HUF for wage increase
Today, Tesco announced another 1 billion HUF wage increase in Hungary. The salaries of most employees in the company’s entire department stores and warehouses – 70 percent of the active...
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Hundreds of people celebrated the Milk World Day
The World Milk Day is celebrated in nearly 160 countries traditionally for decades. This year the event was organized on 7 June by the Milk Interprofessional Organization and Product Board....
Read moreK&H: SMEs expect greater profit growth
Small and medium-sized enterprises (SMEs), as in the previous quarter’s survey, expect a 5.5 percent increase in sales. The SMEs expect a profit growth of 3.6 percent in the following...
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The products of Scitec Nutrition were given unique identifiers within a one billion HUF investment
With a nearly one billion HUF investment, all Scitec Nutrition products were given unique identifiers. With a single read it can be detected what materials were used, when it was...
Read moreThe Somogyi Wine Festival begins
With the wine dinners of the restaurants, the first Somogyi Wine Festival begins in Kaposvár today. At the four-day event created by the county government, the city government, the National...
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Rosé, Rizling, and Jazz Days with Balaton wines and crafts
The Rosé, Rizling, and Jazz Days will await its guests with three concerts a day, Balaton wines and handicrafts every day, from 7 July for ten days in Veszprém –...
Read moreGrowth in retail sales slowed down in Romania
Growth in retail sales slowed in Romania in April, while the retail sales volume in March was 9.2 percent higher than in March last year. In April retail sales increased...
Read moreThe smugglers abandoned thirty-million HUF worth cigarettes
Smugglers on the run abandoned thirty-million HUF worth cigarettes near Beregdaróc, at the Hungarian-Ukrainian border – the spokesman of the Szabolcs-Szatmár-Bereg County Tax and Customs Directorate of the National Tax...
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International actions by NAV
The National Tax and Customs Administration (NAV) regularly requests information from foreign authorities, in order to be able to catch those foreigners who commit VAT fraud in Hungary. Csilla Tamásné...
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Too heavy fine imposed
Both the Hungarian VAT law and its implementation are problematic – stated the European Court of Justice (ECJ). The ECJ’s preliminary ruling came after having examined a case, in which...
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International operation against food fraud
Hungary has contributed to the success of the international operation against food fraud, called ‘OPSON VI’. Between December 2016 and March 2017 no less than 61 countries participated in the...
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Magazine: ‘Turkey meat is a healthy choice’
Gallicoop’s story started in Szarvas in 1989, with a capital of just HUF 40 million. Today the company employs 900 people and it is one of Hungary’s top suppliers of...
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FM: The government supports the modernization of milk production and processing
The government supports the modernization of the dairy production and the establishment of modern dairy plants with various forms of support – Nagy István, Parliamentary Minister of State Secretary of...
Read moreNGM: retail sales are increasing for forty-six months
Hungarian retail sales have been rising steadily for forty-six months – Marczinkó Zoltán, Deputy Minister of State of the Ministry of National Economy (NGM) told M1 channel on Tuesday in...
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It is not easy to release pig and poultry GMOs
The replacement of genetically modified (GMO) soybeans in cattle breeding can be relatively easily solved, but in the case of pigs and poultry, the Germans and Austrians who are far...
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EU and euro area retail sales increased
Growth occured in retail sales in April in the European Union and in the euro area. Eurostat said on Tuesday that according to the seasonally adjusted data, retail sales increased...
Read moreTesco home delivery in Veszprém
The Tesco Online Shopping is one of the most dynamically developing services of the chain, which is expanded and improved on the basis of the customers’ feedbacks. Thanks to the...
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Forbes list: Apple leads, Huawei is the only Chinese brand name
Huawei has been listed as the only Chinese brand on the most prestigious global brands ranking top 100 list of Forbes – the Huawei Technologies Hungary Kft. informed MTI. Huawei...
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What makes a dietary supplement safe?
How can we know that a dietary supplement is safe and does not contain any prohibited substances that can be dangerous to our health? The Laboratorium.hu survey reveals what the...
Read moreWe can celebrate wine regions in the city of thousands cellars this weekend
June 10 is not only the Day of Wellness worldwide, but the Weekend of the Wine Regions will be held in Monor in Hungary that time, for example – travelo.hu...
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Shops can sell sprits during the night in Kiev again
The Ukrainian court of appeal has issued a final decision to allow it to sell spirits during the night in Kiev’s stores – the Ukrainian anti-monopoly committee announced on Tuesday...
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Major growth in the Hungarian cloud computing market
This year up to USD 1.15 billion may be spent on public cloud computing services in Central and Eastern Europe – according to a forecast by IDC. This would constitute...
Read moreCustomised glasses – made using 3D printing
Hoya and Materialise developed Yuniku, the world’s first 3D-tailored eyewear. The technology works as follows: the human face is scanned and based on this the perfect frame is designed and...
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Online shops to pay bigger fines
Ákos Kara, secretary of state responsible for infocommunication and consumer protection informed that the name of online shops that don’t comply with the regulations will be registered in an online...
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Five billion to be paid to ransomware attackers
This year the number of ransomware attacks has been growing exponentially, and in accordance with this USD 5 billion will be paid to attackers this year at world level –...
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Magazine: Pasta: a healthy choice
Hungarians like pasta, this is well-reflected by the fact that we are seventh in the European pasta consumption ranking. Although the product is healthy, sales only expand in certain segments....
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