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Half a billion forints paid to hackers because of ransomware attacks
According to antivirus software manufacturer G Data, Hungarian companies pay HUF 180,000 on average to hackers, so that they get back the access to the data on their computers. Having...
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Consumer expectations about tax and employer contribution cuts
According to a representative survey conducted by TNS Hoffmann in December 2016, 59 percent of Hungary’s population heard about the tax and social contribution cuts the government had announced. 68...
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The world has turned around in twenty years
PricewaterhouseCoopers (PwC) conducted its annual Global CEO Survey for the 20th time. It revealed that in the last two decades not only the markets changed but also the opinion of...
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Last year, the value of advertising spending exceeded 160 billion HUF
The value of Hungarian advertising spendings (without the TV ads) exceeded 160 billion HUF last year, which is a 12.11 percent growth compared with 2015 – Hivatal Péter, a member...
Read moreIt is too early to bury this year’s wine harvest
It is too early to bury this year’s wine harvest, because the grapes are in “hibernation”. Grapes can tolerate temperatures around minus 20 degrees – the Borháló Borkereskedés (Wine Net...
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Stamegna Network in Budapest again between 12 and 14 March!
You can sign in to the Stamegna Network International meeting sponsored by Trade Magazin. The event takes place between 12 and 14 March at the Hilton Budapest City Hotel. The...
Read moreThe Beer Association is working with the Red Lemon Media
The Hungarian Association of Brewers chose the Red Lemon Media as the communication partner of the Beer and More series of events. From 1 March 2017, the Red Lemon Media...
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3.2 million poultry had to be destroyed due to the bird flu
The avian influenza in Hungary infected 233 livestock farms so far. 3.2 million poultry had to be destroyed – Bognár Lajos Chief veterinarian told at a professional forum – according...
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One and a half billion euros, six thousand new jobs on the stage
Last year, more than ever positive decisions were born for a total of 71 projects to be implemented in Hungary, supported by the National Investment Agency (HIPA). In addition, the...
Read moreThe VAT on Internet use to be reduced to five percent from next year
According to the work plan of the Digital Prosperity program, the VAT on Internet use to be reduced to five percent from 1 January 2018 – Deutsch Tamás Prime Ministerial...
Read moreThe Purchasing Managers’ Index is on annual top
The purchasing managers’ index in February increased by 2.5 percentage points to 59.5 points from the 57.0 points of January. This is the highest value of the last year, and...
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Pick Szeged sells its used machines at an auction
The Pick Szeged Zrt. sells its unused industrial equipments at an auction. The assets are primarily meat and packaging machinery, forklifts and other small items. The Pick Szeged Zrt. also...
Read moreUS consumer confidence is on top
Consumers’ assessment of current conditions in the U.S. increased in February, according to a monthly survey released on Tuesday. The Consumer Confidence Index hit 114.8 in February, according to data...
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The NÉBIH suspended the operation of a meat plant
Due to serious food-safety deficiencies the National Food Chain Safety Office (NÉBIH) suspended the operation of a meat shop in Pereszteg and the related plant and ordered the destruction of...
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Virtual shopper card for everyone
A new smartphone app called Fullcard can manage various loyalty cards and the offers in promotional leaflets, plus its geographical location function helps shoppers to find those offers which are...
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Under a supported roof
With a sum up to HUF 5 million in a 5-year period, companies can support the real property buying (or the paying back of real property loans) of employees tax-free....
Read moreMárciusban jön az év legnagyobb e-kereskedelmi rendezvénye
2017. március 30-án ismét megrendezésre kerül Magyarország legnagyobb e-kereskedelmi rendezvénye, az Ecommerce Expo. A tavalyi rendezvény óriási sikerére való tekintettel és a rengeteg pozitív visszajelzés miatt, idén ismét befoglalja az...
Read moreMisusing prestigious FMCG-brands?
BGA Hungary successfully combats illicit Asia Center ad campaign misusing prestigious FMCG-brands....
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Two dm stores on the positive list
Two dm stores made it onto the ‘Positive List’ of the Hungarian Authority for Consumer Protection (NFH), because at the end of last year they met all price indication and...
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More ads, more GDP
Fresh survey shows one euro ad spend generates seven euro GDP growth – BGA takes this opportunity to urge local policy-makers not to over-regulate the market....
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Magazine: It is easier if you aren’t alone
The European Union is Canada’s second biggest trading partner – their No.1 trading partner is the USA. After many years of negotiations, Canada and the EU signed the so-called Comprehensive...
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Technology influences classic retail strategies
With the help of Frank Mayer and Associates, let’s examine what the future of retail will be like. 2017 will bring many things to the retail sector, including new programmes...
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Nestlé expands Bük pet food factory
Nestlé invests more than HUF 20 billion in creating its biggest pet food production facility in Europe. The existing part of the factory will be modernised and a new 5,000m²...
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Nielsen: Are you satisfied with your salary?
According to a Nielsen survey, fewer Hungarians are satisfied with their salary than consumers in neighbouring countries. Austrians are the most happy with their present salary, followed by Slovakians, Croats...
Read moreThe NÉBIH to strengthen its controls with an intelligent analytical system
The National Food Chain Safety Office (NÉBIH) strengthens further its tools to filter those who carry out illegal activities. Oravecz Márton, president of the National Food Chain Safety Office (NÉBIH)...
Read moreInvestments decreased by twenty percent last year
The volume of investments in the national economy in 2016 decreased by 20.0 percent, compared to the previous year, when it rose 7.1 percent in an annual comparison. In last...
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Municipal slaughterhouse was inaugurated in Hajdúböszörmény
A municipal slaughterhouse was inaugurated in Hajdúböszörmény on Tuesday. In addition to the completed project, the foundation stone of the local government’s meat processing plant was also placed. Kiss Attila...
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Commercial distilleries can also enter to the distillate competition of the Gyulai Pálinka Festival
The distillate competition will be held under the Brillante-2017 name within the Gyulai Pálinka Festival. In addition to private distilleries, commercial distilleries can also enter this year – was said...
Read moreHungarian artisanal beers to be introduced in Romania
The Association of Small Breweries to host Romanian beverage wholesalers and restaurant professionals on 7 March 2017 in the Petőfi Community Centre in Bucharest. At the handicraft beer tasting, organized...
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Employment growth may continue
The growth in the number of employees may continue this year, as well as the decrease in the number of unemployed, but the process due to the lack of experts...
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