Company and Personal News
The NAV found eleven tons of illegal meat
Date: 2013-11-11 11:10:13
The National Tax and Customs Administration (NAV) and the National Food Chain Safety Office (Nébih) struck down to an illegal meat shipment on Friday morning at a parking lot in...
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9-percent market expansion in value
Date: 2013-11-11 09:25:02
In the flour category – including semolina and bread mixes – sales improved by 9 percent in value in the December 2012-July 2013 period. In the examined eight months the...
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Production started in the new Dr. Oetker factory
Date: 2013-11-11 02:30:46
With a HUF 1 billion investment Dr. Oetker multiplied its production capacity in Jánossomorja. 21st-century production technology is used in the new 3-storey facility, which has a floor space of...
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The VAT on pigs will be reduced to five percent from 1 January
Date: 2013-11-08 12:50:14
The Value Added Tax of live-and half-carcased pigs will be reduced to 5 percent, from the current 27 percent from 1 January 2014. The decision will enter into force, with...
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FruitVeB: the fruit and vegetable strategy can only be implemented with a 5 percent VAT
Date: 2013-11-08 12:40:51
The president of the Hungarian Fruit and Vegetable Interprofessional Organization and Marketing Board (FruitVeB) told MTI on Friday in Budapest, that the fruit and vegetable sector strategy, which is under...
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The protection of origin is strengthening at the Tokaj wine region
Date: 2013-11-08 12:20:31
The Mountain Village Board of the Tokaj Wine Region aims to strengthen the protection of the origin of the Tokaji wines by modifying the standards. New values will be determined...
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The Sárvár-based HUKE Kft. has expanded its PET bottle recycling plant
Date: 2013-11-08 11:55:41
The Sárvár-based HUKE Kft. has expanded its PET bottle recycling and processing plant with a 200 million HUF investment. The new factory buildings and equipments were handed over on Thursday,...
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COPA’s “Women in the countryside” working group elected a Hungarian Vice-President
Date: 2013-11-08 11:16:30
Batthyány-Schmidt Margó, the researcher of the National Association of Agricultural Economics (NAK) was elected as the first vice-president of the most influential European-level interest representation in the women's individual farmers...
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Inflation rising in China
Date: 2013-11-08 10:59:31
China's annual inflation climbed to an eight-month high of 3.2 percent in October as food costs soared, fanning market worries about policy tightening as factory output and investment data pointed...
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Changes at DunaPro
Date: 2013-11-08 10:47:07
Our Marketing Manager Zsófia Tölgyessy after 10 years of enthusiastic and professional work at DunaPro has made the decision to leave the company and move towards new challenges. Zsofi’s work...
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OKSZ: Christmas gifts or cash register replacement
Date: 2013-11-07 12:50:27
According to the National Retail Federation (OKSZ) it is impossible to complete the cash register replacement by 31 December 2013, as it is wished by the Ministry of National Economy...
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Legal tobacco market is on slope
Date: 2013-11-07 12:00:39
The legal tobacco market continued to decline In October. According to preliminary datas, only 18 billion HUF excise tax revenue has flowed into the budget – portfolio.hu describes the datas,...
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Member States can decide over the authorization of genetically modified maize
Date: 2013-11-07 11:40:17
Following the judgment of the European Court of Justice, the decision will be submitted to the Council of the European Union, ie. the national agricultural ministers will decide on whether...
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Euronics would double the number of its stores in Hungary
Date: 2013-11-07 11:05:15
The Vöröskő Kft., the operator of the domestic Euronics chain would double the number of its stores in Hungary within three years. The company expects a gross revenue of 43.8...
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Magazin: Consumers reward themselves, but they also make compromises
Date: 2013-11-06 12:16:34
Túró rudis and dairy snacks can be considered the mixture of countline chocolate and dairy products. The collective term for these products is chilled milk desserts. Basically the category satisfies...
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Pálinka distilling is free for three years
Date: 2013-11-06 12:15:31
Harvest was good this year from fruits that are the base materials of pálinka. The trend continues, that more and more people are distilling their mash by using the limited...
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No big buck in tobacco in Somogy
Date: 2013-11-06 12:06:32
The Coop supermarket chain terminated its tobacco sales in six settlements of Somogy county, because the chain can not undertake the several hundred thousand HUF IT investments to meet the...
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NMHH: more than half of the commercial television shows contain product placements
Date: 2013-11-06 12:00:41
More than half of the programs of the commercial broadcasters contain product placements in addition to trade advertisings – the National Media and Communications Authority’s (NMHH) report investigating the second...
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Domestic cheese manufacturer on the Anuga in Cologne
Date: 2013-11-06 11:58:23
The ANUGA food exhibition takes place between 5 and 9 October in Cologne. The manufacturer of the Camping cheeses the ERU Hungária Kft. also exhibited its products, jointly with its...
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Decline in retail sales in the EU and in the euro zone
Date: 2013-11-06 11:57:04
Retail sales decreased by 0.6 percent in the euro zone and by 0.3 percent in the European Union in September, compared with the previous month. Compared to September 2012, retail...
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Mazars: the NAV checks the payments of the environmental product fee
Date: 2013-11-06 11:55:01
Checks on environmental product fee are priority areas this year for the National Tax and Customs Authority (NAV). While in case of other taxes, the tax penalty is equal to...
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An unforgettable Evening Walk in the Zoo with the courtesy of Mona Hungary
Date: 2013-11-06 11:15:13
Have you seen the new and special newcomers of the Budapest Zoo? Have you seen Cloé and Jacques seals playing with each other? Have you admired Semsa and Sempala, the...
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NGM: there will not be a new deadline
Date: 2013-11-05 12:57:17
The deadline of the online cash register replacement will not change to 31 May 2014 – the National Economy Ministry (NGM) told. The NGM said that even in the case...
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The revival of micro-enterprises
Date: 2013-11-05 12:25:42
Although the economic outlooks remains unfavorable for the investment and borrowing mood of the micro-enterprises, the majority of long- term thinking companies have realized that bank funds are essential to...
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OKSZ: it is impossible to finish the cash register replacement this year
Date: 2013-11-05 12:05:47
According to the National Retail Federation (OKSZ) it is impossible to complete the cash register replacement by 31 December 2013, as it is wished by the Ministry of National Economy...
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Global wine production is not keeping pace with consumption
Date: 2013-11-05 12:04:21
The world's wine production is below the global wine consumption. Therefore price increases are expected on the global wine market – Morgan Stanley warns in its fresh analysis. The growing...
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Christmas gift-giving at companies has fallen sharply
Date: 2013-11-05 12:03:36
The christmas gift orders of the companies decreased sharply, both in volume and value: less than one-fifth of the firms are giving Christmas presents, while 10 years ago, twice as...
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A Hungarian Chief Executive in the lead of the METRO Kereskedelmi Kft.
Date: 2013-11-05 12:02:25
From November 2013, Horváth Imre is the Chief Executive Officer of the METRO Kereskedelmi Kft.. Horváth Imre spent 13 years at the domestic and international units of the British American...
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MLSZKSZ : there will be combined transportation in Hungary again
Date: 2013-11-05 12:01:28
The competitiveness of the Hungarian domestic multimodal transport has increased significantly, due to the introduction of the e- toll. The Hungarian Association of Logistics Service...
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The Hungarian Fruit and Vegetable Sector Strategy is under public consultation
Date: 2013-11-05 12:00:37
The Hungarian Fruit and Vegetable Sector Strategy of the Ministry of Rural Development was released for public consultation on Monday. The strategy aims to produce more than 3.5 million tons...
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