News and articles
Information sharing in corporate tax matters
The European Commission’s proposal for automatic exchange of corporate tax information among national tax authorities was welcomed by the European Parliament as a positive step in the fight against aggressive...
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Electronic signature just as valid as the handwritten
As of 1 July 2016 a new regulation applies to electronic signatures. E-signatures will become valid, legally binding, evidence providing and accepted in each member state of the European Union....
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A hundred million bank card payments
Cellum started Hungary’s first nationwide mobile payment service in 2006. Since then 100 million payments have been realised in the system, in the value of HUF 70 billion. The first...
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Magazine: Buying occasions push cheese sales
Low milk prices influenced the recent past of the cheese market: volume sales soared but value sales dropped a few percent if calculated in forint. Ildikó Toplak, brand manager of...
Read moreKSH: Retail sales increased by 5.0 percent
In April, the retail sales volume exceeded 5.0 percent over the previous year. Calendar effect adjusted the increase was 6.7 percent – the Central Statistical Office (KSH) reported in its...
Read moreFM: next year 43 billion HUF will stay in the pockets of families as the result of the food VAT cut
Next year 43 billion HUF (about 35-40 thousand HUF per families) will remain at the families as the result of the food VAT cut. Fazekas Sándor, Minister of Agriculture told...
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FruitVeB: significant hail in the east part of Szabolcs-Szatmár-Bereg county
Significant hail occured in the east part of the Csenger and Fehérgyarmat regions of Szabolcs-Szatmár-Bereg county – the President of the Hungarian Fruit and Vegetable Interprofessional Organisation and Product Board...
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Szijjártó: Hell Group’s investment will create 320 new jobs in Szikszó
The Hell Energy Csoport carries out a thirty billion HUF worth investment in Szikszó. The government provides seven billion HUF support for the development that creates 320 new jobs. Szijjártó...
Read moreThe winners of the International VinAgora Wine Competition were announced
The jury of the International VinAgora Wine Competition awarded 2l large gold medals, 95 gold medals and 57 silver medals and special in. The awards were handed over on Saturday...
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Fazekas: Great Britain is an important agricultural market for Hungary
The Minister of Agriculture is confident that the Hungarian products will reach the British market even after the termination of in Britain's EU membership. Fazekas Sándor told MTI that detailed...
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Stew made of five hundred sheep on Saturday in Karcag
At the two-day 18th Sheep Cooking Festival Fazekas Sándor, Minister of Agriculture said that the event is not only culinary but also a cultural feast. The Minister announced that the...
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Lidl recalled salmonella contaminated paprika powder
The Lidl Magyarország recalled the 100 grams Mikado delicacy spicy paprika powder, which will keep expires on 26 December 2016, because during Lidl’sown quality control tests the product was found...
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MNB: the decline in vulnerability reduces the risks in Hungary
The fact that Hungary’s vulnerability considerably decreased in the past years reduces the risks that will occur because of the Brexit. The outcome of the British referendum caused volatility in...
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Ammonia leak has been solved in Gyula
The ammonia leak has been solved at the meat plant of the Gyulahús Kft. in Gyula – the disaster recovery team told MTI. Daka Zsolt, executive director of the meat...
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Salmon oil brands in Norway under credibility test
Salmon oil brands were tested with a new, unique method in Norway. At the independent test of the OmegaVeritas, the ingredients in the world's leading salmon oil products were analyzed,...
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Electrolux invested 140 billion HUF in the last 25 years in Hungary
The Electrolux Lehel Kft. has invested 140 billion HUF in the last 25 years in Hungary. The Jászberény based company has three plants in Hungary and employs more than three...
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Direct payment manual published
NAK has published their tenth manual to make the work of the chamber’s members easier. The system of direct payments under the CAP was transformed in 2015 and NAK’s manual...
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Donation to the foster home
NAK donated gardening tools, flowers and seeds to the 60 children who live in the two homes of the Bólyai Foster Care. NAK president Balázs Győrffy handed over the donation...
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Cooperation is only possible with more trust
At the spring conference of the Hungarian Chamber of Agriculture (NAK), Magosz and COGECA participants discussed the role of cooperatives in Hungary and other parts of Europe. One of the...
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Magazine: Facing cleansers
For facial care products the biggest challenge in the Hungarian market is the low penetration level of the category. NIVEA’s 2015 ‘Good value for money’ survey found that only 31...
Read moreThe harvest has begun
This year's harvest season has begun in Hungary with the harvest of winter barley. the experts expect a good average crop – Minister of State of the Ministry of Agriculture...
Read moreCheer along with Borsodi!
The Borsodi Brewery gives special attention to major international sporting events again this summer. In the next few weeks, the Borsodi Brewery prepares with several activities around the country to...
Read moreThe investment mood of SMEs is improving
After last year's low point SMEs' willingness to invest revives again. Currently 56% of the CEOs are preparing for some kind of improvements – according to the K&H SME confidence...
Read moreThe ULT Magyarország is investigating to move the tobacco processing from Hungary
The Universal Leaf Tobacco (ULT) Magyarország Zrt. is investigating the possibility that from this year will not process tobacco in the Nyíregyháza-based tobacco plant – the company owned by the...
Read moreIdeal temperature for beers
Now it is official: The heat wave has arrived. The Beer Association expects an increase in beer consumption, due to the warm and the Football European Championships. In addition to...
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The Nielsen bought the market leader sports marketing company
The Nielsen consumer information and knowledge company has become the number one provider of analyzes of the growing sports sector. The company expands its sports-related deals globally. The Nielsen consumer...
Read moreBrotherhood winery co-operation between the Hungarian and Israeli winery
The Petrányi Cellars Winery and the Israeli Bravdo Winery signed a brotherhood winery co-operation today in Csopak – tozsdeforum.hu wrote. The aim of the partnership is to strengthen the relationship...
Read moreFM helps farmers hit by hail
The Ministry of Agriculture (FM) aims to help farmers hit by hail. The compensation fund is sufficient to cover the costs. The ministry in it Tuesday statement sent to MTI...
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Mosaic giant made of beverage cartons
The Beverage Carton Environmental Protection Association (IKSZ) created the world's largest mosaic image made from beverage cartons in two days at the Madách square in Budapest by using more than...
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Nébih checked the catering kitchens
The National Food Chain Safety Office (Nébih) checked 1700 public catering kitchens since last October. Six percent of these, 103 kitchens failed, while 7 percent, 124 kitchens received excellent rating....
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