News and articles
OTP: VAT should also be reduced in the case of the long-life milk
According to the experts of the OTP Bank, VAT should also be reduced in the case of the UHT and ESL milks. The VAT reduction would increase domestic consumption, which...
Read moreKSH: GDP rose by 2.0 percent in 2016
Hungary’s gross domestic product (GDP) in the fourth quarter of 2016 rose 1.6 percent last year, compared to the same period of the previous year. In 2016, GDP rose by...
Read moreConsumer prices grew by 2.3 percent in January
Consumer prices increased by an average of 2.3 percent in January, comapred to the previous year – the Central Statistics Office (KSH) announced. Compared to December last year, consumer prices...
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The Gyulahús Kft. increased its revenues last year
Despite the Russian embargo and the drop in British pound, the local government-owned Gyulahús Kft. was able to increase its revenue by five percent last year. The company this year...
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Szijjártó Péter discused about the possibilities of the Hungarian food export expansion in Japan
Szijjártó Péter, Foreign Economic Relations and Foreign Minister negotiated about the expansion of Hungarian food export to Japan and about Japanese automotive investments in Hungary on Tuesday in japan. Szijjártó...
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Slower growth in the EU and in the euro area
Compared to the flash estimate, the economies of the euro area and the European Union grew slower in the fourth quarter of last year – according to the second estimate...
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Dr. Csikai Miklós has become the Agricultural Personality of the Year 2016
The Agricultural Personality of the Year award was handed over. The winner of the award has become Dr. Csikai Miklós, while the audience award was given to Szeder Attila. The...
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NGM: 547 billion HUF development funds for the counties
Decisions will born soon on the usage of the 547 billion HUF development funds of the Town and Regional Development Operational Programme (TOP) for the counties – Rákossy Balázs, Minister...
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Intersport is developing in Hungary
The Intersport started a store refurbishment program in Hungary in a value of more than a million euros (about 308 million HUF). The investment will bring new jobs – the...
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US pizza chain may enter the Hungarian market
The Grimaldi’s pizza chain is interested in the Hungarian market – Origo wrote. America’s most often honored pizza chain, the Grimaldi’s is looking for franchise partners in Hungary. The best...
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Debrecen is an increasingly popular tourist destination
Debrecen is an increasingly popular tourist destination. Last year, the number of guest nights at commercial accommodations was close to 388 thousand, which is 10 percent above the growth of...
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And idea glass for some wine – Video of the day
Your wine and cheese parties just got a serious makeover. We’d like to introduce the cheese shot glass. Nibble on these at your next party and try pairing different types...
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Hotel Association: all tourism indicators rose to a record level last year
The hotel industry closed an outstanding year in 2016. All tourism indicators rose to a record level last year – according to the latest analysis of the Hungarian Association of...
Read moreConsortium develops technologies used in pig breeding
A consortium established by Bóly Zrt., Kaposvár University and Debrecen University sets out to develop – until 2020 – crop farming and livestock feeding technologies that can result in producing...
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Moderate optimism in the commercial real estate market
According to a survey conducted by GKI in October 2016, a sort of insecurity has started to manifest in the office space market. The utilisation level was increasing in and...
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Ministry proposes reasonable self-regulation in the dairy sector
The Ministry of Agriculture has proposed solidarity-based, reasonable self-regulation to every actor in the dairy sector. One of the main tasks is the development of the processing industry, for which...
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A new, nourishing VALDOR meat product
A new, nourishing VALDOR meat product is going to be available in shops soon: Breaded chicken lower thigh filet tastes like it was home-cooked!...
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Magazine: 2017 promises a tax revitalisation
Deloitte’s experts analysed the most important changes entailed by the latest tax package. Zoltán Pankucsi, director of Deloitte’s tax advisory division called attention to the fact that a new element...
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You can still register for the conference Building a brand at the workforce
On 22nd February, on Wednesday, the owners and marketing experts of Superbrands and MagyarBrands-awarded companies are going to meet up in order to share experience and knowledge, and discuss various...
Read moreThe increase in oil prices increases the price of agricultural products
Cereal prices may increase significantly, or at least the recently seen rise in oil prices forecasts this trend – portfolio.hu wrote. In the former agricultural inflationary cycles the oil price...
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250 mangalica frams are operating in Hungary
The traditional animal breeding methods – like mangalica – have a priority nature conservation importance, are part of the Hungarian landscape and ethnographic traditions linked to them. They are part...
Read moreThe European Commission expects a 3.5 percent growth for Hungary in 2017 and a 3.2 percent growth for 2018
The European Commission expects a 3.5 percent growth for Hungary this year and a 3.2 percent growth for the next year. The European Commission published its winter economic forecast for...
Read moreHNT: the permanent frost caused damages to the grapes
According to a preliminary survey conducted by the National Council of Wine Communities (HNT) due to the unusually harsh frost in January, this year’s grape production is significantly reduced. Légli...
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Agrarian Chamber of Commerce: fragmented food industrial higher education
According to the vice president of the National Association of Agricultural Economics, food industrial higher education is taking place at several locations in Hungary, so the latest technology can be...
Read moreThe GSI Hungary Kft. is expanding its agricultural machinery factory in Biatorbágy
The GSI Hungary Kft. the regional center of the US GSI group is expanding its agricultural machinery factory in Biatorbágy. The company uses own funds amounting to 2.3 billion HUF....
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Evolution conference: Value creation in the digital and online world are the themes
The Evolution Conference is a key event in communications and business in Hungary. The conference will be held this year between 1 and 2 March. This year the organizers expect...
Read moreAgriculture and food industry are the main area of the Hungarian-Laos expansion of trade
The most important areas of the Hungarian-Laos bilateral trade expansion are agriculture and the food industry – said the Ministry of Foreign Affairs and Foreign Trade (KKM) after Szabó László...
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Smart phone for Valentine’s Day
In addition to sweets and rendezvous more and more people give a smart phone for their lovers for Valentine’s Day – privatbankar.hu wrote. Vodafone has carried out a survey among...
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Sauce-formatting on a empty-dish – Video of the day
There are some easy ways to spice dishes up…...
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Erzsébet vouchers: increased sales
According to the data of Central Statistical Office, institutions and businesses requested Erzsébet vouchers in December 2016 in a value of nearly 53 billion HUF. This is more than two...
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