News and articles
Budai Gyula expects the lifting of the Russian embargo
Date: 2016-01-20 11:17:53
Among the EU Member States, more and more people believe that the maintaining of the Russian embargo is useless, so chances are good that the issue will be solved in...
Read more
Soybean production is ramping up by the EU’s direct subsidies
Date: 2016-01-20 11:16:01
One of the biggest challenge for crop producers last year was the convertion to the European Union’s direct aid. Among the new support conditions soybeans have become hit products, while...
Read more
Russian shopping centers on a roller coaster
Date: 2016-01-20 11:12:13
According to the practice of the recent years, New Year’s Eve brought the the highest retail sales in Russia, because the Orthodox Christmas begins on January 7. According to the...
Read more
Prices in the EU and in the euro zone increased slightly
Date: 2016-01-20 11:11:32
Inflation rose slightly in December in the euro zone and in the European Union – the EU's statistical office, the Eurostat announced on Tuesday. Compared to the previous year, consumer...
Read more
The Hungarian companies issue invoice abroad more than the European average
Date: 2016-01-20 11:07:18
In Hungary, significantly more invoices are issued to the companies' foreign partners than at the European average. In the last two years, this occured mostly in retail and wholesale trade,...
Read more
Ukraine imposed a ban on imports of Russian vodka and tobacco
Date: 2016-01-20 11:04:23
The Ukrainian government banned seventy types of Russian products on Wednesday in Kiev – Arszenyij Jacenyuk prime minister announced. The disposal of Ukrainian Cabinet of Ministers to impose an embargo...
Read more
Prologis Develops 8,000 Square Metre Build-to-Suit for Fiege in Hungary
Date: 2016-01-20 11:04:13
Prologis, Inc., the global leader in industrial real estate, today announced that it has begun the development of an 8,000 square metre build-to-suit facility (DC2) at Prologis Park Hegyeshalom for...
Read more
The Széchenyi Capital Fund has invested 160 million into the Konsanszky fashion brand
Date: 2016-01-20 11:00:57
The Széchenyi Capital Fund (SZTA) invested 160 million HUF into the Konsanszky Kft. to help in the International expansion of the Konsanszky Hungarian fashion brand – Csuhaj V. Imre, president...
Read more
Hajdú cottage cheese builds a brand
Date: 2016-01-20 10:50:07
Dráva cottage cheese has been a consumer favourite in the Hungarian market for decades. Just a few weeks ago a culinary website’s independent test found that it is the best...
Read more
Sushi for advanced learners – Video of the day
Date: 2016-01-20 10:49:13
Even the most seasoned seafood eaters can be overwhelmed by the options at a sushi bar; for novices, the long menus and countless variations are nothing short of daunting. One...
Read more
European Commission to implement ‘digital’ VAT reform
Date: 2016-01-20 10:46:20
In the European Union the biggest challenge ahead of e-commerce businesses that deliver abroad is the different VAT systems of various countries. The European Commission (EC) started a dialogue with...
Read more
NGM: the success of festivals is beneficial for the state
Date: 2016-01-20 10:38:25
The international success of festivals in Hungary is beneficial for the state. Their success can be detected in tourism revenues. “The recent international festival recognitions of the Sziget and the...
Read more
The Fitur has begun in Madrid with Hungarian participation
Date: 2016-01-20 10:30:14
One of the most important international tourism fair of Europe has begun in Madrid on Wednesday with Hungarian participation. At the Fitur, a total of 165 countries and regions will...
Read more
Nearly 300 restaurants have joined the Gluttonous Thursday special action
Date: 2016-01-20 10:27:18
According to the information, the list of restaurants continues to grow and can be viewed on the official website of the action on the torkoscsutortok.itthon.hu website. Nearly 300 restaurants have...
Read more
Magazine: On a bumpy road
Date: 2016-01-20 07:52:03
Attila Boros, the director of public service catering company Junior gave an interview to Trade magazin about what happened since 2012, when new owners took over the company. They set...
Read more
The NAV has published the list of the pork products falling under the 5 percent VAT
Date: 2016-01-19 11:58:18
The information on the list of the pork products falling under the 5 percent VAT has been released on the website of the National Tax and Customs Authority. The half-carcases,...
Read more
The Nébih and the beekeepers together for the Hungarian honey
Date: 2016-01-19 11:50:00
The beekeepers and the food safety authority will protect the quality Hungarian honey together in the future – the National Food Chain Safety Office (Nébih) told MTI on Tuesday. According...
Read more
The local government of Gyula plans to build a huge swine processing plant
Date: 2016-01-19 11:40:37
The local government of Gyula is working on the plans of a huge swine processing plant that would be capable to cut and process nearly one million pigs. Such a...
Read more
GINOP: more than 1,000 billion HUF for economic development
Date: 2016-01-19 11:37:38
More than 1,000 billion HUF new source will be available for economic development and innovation, research and development in 2016 – the Ministry of National Economy (NGM) informed on Tuesday....
Read more
Unilever published its 2015 results
Date: 2016-01-19 11:35:13
Unilever, the manufacturer of Dove soaps and Lipton teas published last year's figures. The turnover of the company increased by 10 percent, mainly thanks to the emerging markets and profitability...
Read more
Coke's new slogan: 'Taste the Feeling'
Date: 2016-01-19 11:33:12
Coca-Cola is hoping a new ad slogan will help it overcome declining sales and increased health concerns about its signature product. Tuesday the company rolled out a new ad campaign,...
Read more
Record exports in 2015
Date: 2016-01-19 11:32:42
Hungary has never exported as much as last year. According to the preliminary data, the trade surplus will reach 8 billion euros (2,500 billion HUF) – the Minister of State...
Read more
IMF: global economic growth accelerates slower than expected
Date: 2016-01-19 11:30:39
The International Monetary Fund (IMF) once again cut its outlook for the world economy, warning Tuesday that economic turmoil in China and financial contagion throughout emerging markets threaten to curb...
Read more
Petőfi Sándor's face and verse on the Red Bull cans
Date: 2016-01-19 11:25:23
The Red Bull cans will be available with unique graphics from the end of January. The graphics call the attention to the upcoming Red Bull Pilvaker that started as a...
Read more
The Hungarian National Trading House provided the participation of two Hungarian startup companies in Las Vegas
Date: 2016-01-19 11:10:20
The Hungarian National Trading House (MNKH) provided the participation of two Hungarian startup companies for the first time at the innovative technologies exhibition in Las Vegas. Ducsai-Oláh Zsanett CEO of...
Read more
German and eurozone economic sentiment worsened at the beginning of the year
Date: 2016-01-19 11:05:30
The German economic sentiment deteriorated less than expected in January, underlining optimism over the health of the euro zone's largest economy, industry data showed on Tuesday. In a report, the...
Read more
Post-avantgarde kitchenlanguage – Video of the day
Date: 2016-01-19 11:04:48
Held from January 25th – 27th, 2016, “The Post Avant-Garde Language”, will be the underlying theme for the upcoming edition of Madrid Fusión, which will look at the latest culinary...
Read more
Ikea boss said we accumulate too much furniture
Date: 2016-01-19 11:00:13
Company’s head of sustainability says consumption of many familiar goods is at its limit. The appetite of western consumers for home furnishings has reached its peak – according to Ikea,...
Read more
A new dynasty in the Hungarian mineral water market
Date: 2016-01-19 10:40:27
Szentkirályi Ásványvíz Kft. and Central Europe’s biggest mineral water bottling company, Karlovarské Minerální Vody (KMV) from the Czech Republic entered into a strategic partnership this spring. One of the co-owners...
Read more