News and articles
The humanoid robot made its debut in France
Pepper, the humanoid robot was first revealed more than a year ago at a conference on June 5 2014. Starting the next day Pepper was showcased to the public at...
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The European Parliament decided about the amendment of the consumer protection rules for journeys
The European Parliament (EP) voted about the amendment of the consumer protection rules for journeys, so in the future the same regulations will be applied to organized trips reserved on...
Read moreA double-digit growth in the number of American tourists this year
A double-digit growth is expected in the number of tourists coming from overseas, in the first eight months of the year – the Hungarian Tourism (MT) Ltd. told MTI. In...
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Italian beer pushes forward
Last year Italy’s beer export soared 27 percent. About half of exported Italian beers are sold in the United Kingdom. In the last 10 years Italy’s beer export tripled....
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New payment methods in the market
A growing number of shoppers wish to use new forms of payment in shops, especially when buying online. A survey sponsored by MasterCard and conducted by PRIME Research found –...
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Metro online: expansion in China
Germany’s biggest retailer, Metro AG is planning to start cooperating with Alibaba Group Holding. The German company will sell private label products on the website of the Chinese firm. In...
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Improved performance by Mercator?
Slovenian retail chain Mercator Group realised a EUR 13.7-million loss in the first half of 2014 but in January-June 2015 they reported a EUR 15.3-million net profit. The numbers are...
Read moreMagazine: Can you get the burnout syndrome at an early age?
Does someone have to live 30, 40 or 50 years to get the burnout syndrome? When a baby is born all they want is to be loved and this feeling...
Read moreAssociation of Hungarian Meat Industrialists: the European meat industry rejects the WHO’s study
The Association of Hungarian Meat Industrialists, as the member of the CLITRAVI, the European trade organization of the sector, in agreement with the European meat industrial companies informs the consumers...
Read moreAccording to the VHT the consumption of pork should be increased while the WHO study is unscientific
The Meat Marketing Board and Interprofessional Organization (VHT) wants to increase the consumption of pork in Hungary by 2020 – until the end of the current EU budget period; This...
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Agricultural exports decreased slightly
The agricultural export balance only moderated slightly in the first seven months of 2015, however, the Russian embargo remains a concern – the Magyar Idők wrote on Tuesday. On the...
Read moreFM: genetically modified varieties of maize cannot be grown in Hungary
On the basis of the Hungarian request submitted to the European Commission, the production licence of the previously approved genetically modified (GM) maize and the to be approved GMO maize...
Read moreLabor shortage can be an unmanageable problem by 2050
The decline of the working age population could lead to critical labor shortages in Europe by the mid-century. For 2050, the European continent will be the oldest region. 15 percent...
Read moreSuccessful agricultural research is needed for the development of agriculture
The development of the Hungarian agriculture and the ensuring of its competitiveness can not be achieved without effective agricultural research activities in Hungary – the Parliamentary Minister of State of...
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The Raben Germany strengthens its market position with the acquisition of Weishaupt
The Raben Group has expanded its operation area in Germany. With the approval of the competent cartel authorities the Raben Group acquires the Albstadt-based (Baden-Württemberg), Weishaupt shipping company. “With the...
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Choking mouse in the sugar dollop
The inspectors of the National Food Chain Safety Office (Nébih) found expired and unlabeled materials and products in a fondant manufacturing plant in Örkény, Pest County. During the investigation a...
Read moreSmart City application to be tested in Budapest
A Smart City application will be tested in Budapest, during which the public lighting will be adapted to the traffic, the noise and air pollution, and data will be collecterd...
Read moreFifteen hundred year old wine press was found after a storm in Israel
A large, well-preserved 1,500-year-old winery has been exposed during a violent storm in the Sharon Plain region, located between the Mediterranean Sea and Samarian Hills, the Antiquities Authority announced Monday....
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The OTP Bank and the PortfoLion will purchase the Szallas.hu
The OTP Bank and the PortfoLion Regional Private Equity Fund will purchase the hundred percent ownership of the Szallas.hu Kft. from the Central Médiacsoport (Central Media Group) and the two...
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Code of Ethics
MVI, the Guild of Hungarian Restaurateurs has recently compiled its Code of Ethics. President of MVI’s Ethics Committee László Jakabffy told that the code sets the standards of behaviour and...
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A movie about the best restaurant of the world – Video of the day
Behold the trailer for Noma My Perfect Storm, the long-awaited documentary about René Redzepi and his hallowed Copenhagen restaurant. The film was originally scheduled to premiere in 2014 at the...
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Four Hungarian festivals among the nominees of the European Festival Awards
The Sziget, the VOLT, the Balaton Sound and the B.my.Lake festivals were included into the nominees of the European Festival Awards. The public can vote on the nominees until 12...
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Applying Binding Corporate Rules in transfers of data
As of 1 October 2015 Binding Corporate Rules (BCR) have to be applied. What is BCR? Internal rules adopted by a multinational group of companies which define its global policy...
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New electronic invoice decree
On 1 July 2015 NGM decree 23/2014 (VI. 30.) entered into force: the new decree regulates the tax-authority identification of invoices and receipts and the tax-authority checking of invoices preserved...
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Magazine: Loans from an SME perspective
Viktor Zoltán Kovács, the head of K&H Bank’s SME marketing division is of the opinion that in 2015 the products of the Lending for Growth Programme (NHP) – with their...
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GKI: Improving consumer sentiment and deteriorating business
The GKI-Erste economic sentiment index continued to rise in October, almost reaching its level at the end of 2014. According to the empirical survey, consumer expectations improved significantly, whereas the business...
Read moreThe National Council of Wine Communities expects a good vintage wine in quantity and quality
The Hungarian wines will be a good vintage this year both inquantity and quality – the technical director of the National Council of Wine Communities (HNT) said on Monday morning...
Read more700 billion HUF is at stake: the new applications are being prepared
Application working groups have been established with the participation of the Prime Minister's Office, the Agricultural and Rural Development Authority (MVH), the Ministry of Agriculture (FM) and the National Agricultural...
Read moreThe Hungarian beekeepers want an EU investigation because of the counterfeit Chinese honey
Because of the counterfeit Chinese honey, the Hungarian beekeepers want an EU investigation – Takács Ferenc, a member of the Kaposvár and Area Beekeepers Association told m1 news channel on...
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Organisational changes at the Kőröstej Group
From 1 September 2015 he group's executive director position is filled by Kovács Bernadett, who was responsible for the the sales and marketing functions since April last year. Under her...
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