News and articles
The Growth Loan Program ends
The companies have slightly more than one month left, to claim for the favorable sources of the Growth Loan Program’s for their investments. “The decisions on investments of a significant...
Read moreNew trade offices to be opened abroad
The government initiates the establishment and operation of three additional foreign commercial offices. This time, a total of slightly more than 400 million HUF will be spent on boosting up...
Read more
New CEO in the lead of the Kulcs-Soft Nyrt.
From 1 February Szabó Ervin is the new Chief Executive Officer of the Kulcs-Soft Nyrt. The professional is working in the economic area and IT for 20 years and, he...
Read more
The tourist season in Budapest starts with the World Day of Tour Guides
The World Day of Tour Guides takes place on the last Sunday of February every year. This year several entertaining programs in Budapest welcomes the visitors. Between 23-26 February mainly...
Read more
Tokaj, the Upper Tisza and the Nyírség have become priority tourist development region
The government declared Tokaj, the Upper Tisza and the Nyírség region as a priority tourist development area. The Tokaj, the Upper Tisza and the Nyírség region consists of 105 towns...
Read more
World’s future food security “in jeopardy” due to multiple challenges, report warns
Mankind’s future ability to feed itself is in jeopardy due to intensifying pressures on natural resources, mounting inequality, and the fallout from a changing climate, warns a new FAO report...
Read moreHungary lost a lot because of the sanctions against Russia
Minister of Foreign Affairs and Trade Péter Szijjártó told Russian daily Kommersant that Hungary lost USD 6.5 billion because of the economic sanctions imposed against Russia. The minister hopes that...
Read more
Cultural change empowers Orbis growth in the region
“Orbis performance in 2016 clearly confirms our strategy launched in 2014, taking into account not only operating and financial results but also guest and employee satisfaction, network development and other...
Read more
Client Gateway risks
The tax authorities more and more frequently inform businesses about tax inspections by sending an e-mail via the Client Gateway (Ügyfélkapu) system. The problem is that while these letters were...
Read more
Tube manufacturing is dynamically evolving in Debrecen
The Debrecen-based Tu-Plast Kft. has dynamically increased its capacity in recent years. The company mainly exports to leading Western European cosmetic companies. The Tu-Plast Kft. reached 4.8 billion HUF revenue...
Read more
The Russian embargo reduced the Hungarian agricultural exports with nearly a hundred million euros
The Russian import ban introduced in 2014 affected the Hungarian agri-food industry badly. During three years, the sector’s exports decreased by nearly one hundred million euros – Magyar Idők wrote....
Read moreThe mountain council to develop a plan to regulate the sale of grapes
The National Council of Wine Communities (HNT) worked out a draft for the regulation on the sale of grapes. The viticulturist interbranch organization plans to publish a new type of...
Read more
The rise in real wages can be 8 percent this year
This year, real wages can increase by 7-8 percent in addition to a 1-1.5 percent inflation rate – Cseresnyés Péter, Minister of State of the Ministry of National Economy (NGM)...
Read more
GfK: the proportion of customers loyal to their banks is increasing
The proportion of customers who are loyal to their banks increased steadily last year, while the proportion of those who are open to change bank is stable; it is around...
Read morePrologis: strong demand stays on the logistics real estate market
Strong tenant demand remains on the domestic logistics real estate market, and because the current stock is saturated, new developments are expected this year – Kemenes László, managing director of...
Read moreThe chain of stores are preparing for significant wage increases
Wage negotiations are taking place smoothly this year at the a large international supermarket chains – Világgazdaság Online wrote. In order to keep the workers, the companies were forced to...
Read more
The Hungarian simmental heifer is more and more popular
These cattle are popular in Hungary and abroad as well – Magyar Hírlap wrote on Tuesday. Füller Imre, executive director of the Association of Hungarian Simmental Breeders’ told the newspaper...
Read more
Brazil is importing coffee
Brazil’s government has authorised the country’s first-ever imports of robusta coffee, at the request of the instant coffee industry, and it should soon start taking delivery of limited amounts from...
Read more
Newer applications for local economic and tourism development
Another five, call for proposals were published aim to support of local economic and tourism development, energy modernization and development of sustainable urban environment. The value of the call for...
Read more
FM: about ten thousand pheasants should be disposed in Abádszalók
Due to avian influenza about ten thousand pheasants, the entire herd must be destroyed in Abádszalók at the Hubertus Hunting Company. The disposal began on Tuesday – the Ministry of...
Read moreHENT: false pesticides can cause cancer and infertility
Counterfeit pesticides can have serious adverse health effects in human beings, they may contain dangerous and toxic pollutions and uncontrolled by-products that have carcinogenic or gametes damaging effect – the...
Read more
Invoicing with value limits
Those businesses that don’t follow this year’s tax rule changes are risking serious fines – warn the experts of MAZARS. In the past the tax number of a product’s buyer...
Read more
Pastadance – Video of the day
Customers come to Hai Di Lao in Shanghai for the theatrics....
Read more
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 more
Efficient NAV
In 2016 the reformed, customer-oriented National Tax and Customs Administration (NAV) put HUF 12,793 billion into the national budget, HUF 31 billion more than originally expected by the government. Secretary...
Read more
Cunning merger
Hungarian regulation on mergers has changed fundamentally. Due to the changes in competition law, in the future a transaction can be approved in 8 day instead of the present 30...
Read more
Shocking statistics about the world
Shocking new from www.worldometers.info: World Population 7,486,003,207Current World Population 19,992,124Births this year 326,361Births today 8,264,277Deaths this year 134,910Deaths today 11,727,847Net population growth this year...
Read moreMagazine: 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...
Read more