News and articles

Eight trucks of milk and four trucks of sugar were seized by the NAV

According to the data gathered so far the members of chain of groups cheated more than 700 million HUF VAT with trading milk, sugar and cooking oil. The finance officers...

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The Central European trade fair of spas held in Hévíz

The trade fair of the spa and wellness centers of the Central European region as well as a business meeting are held these days in Hévíz, where the accompanying press...

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Heineken continues its expansion in India

Heineken has acquired a 3.21-percent share for USD 138 million in Indian company United Breweries Ltd. This brewery is the manufacturer of Kingfisher. The group now owns 42 percent of...

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Tourists love Romania

The number of overnight stays increased by 15.7 percent in Romania in the first eight months of the year, compared to the same period of the last year – the...

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Great mango cutting style – Video of the day

This mango seller, which many in the video’s comments say is in Mexico, first places the fruit on a stick and skins it with a very sharp knife. The fruit...

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Grocery retail in top form

In the December 2014-May 2015 period grocery retail sales amounted to HUF 750 billion in the 90 categories audited by Nielsen. In value sales were 4 percent higher than in...

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Magazine: What we are proud of

Cserszegi Fűszeres Made using reductive technology, this is a fragrant wine with characteristics similar to those made from Irsai Olivér grapes. A spicy, light and elegant wine, with harmonic acidity....

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Hungarian pork exports continue to grow in China

The Certification and Accreditation Administration of the People's Republic of China gave permission for another two Hungarian companies to deliver pork to China. The two companies are the Pick Szeged...

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The Bombasei Dekor Kft. is building a new factory in Szikszó

The Swiss-Hungarian the Bombasei Dekor Kft. is building a new factory in Szikszó. The foundation stone of the about 10 thousand square-meter hall was placed on Wednesday in Szikszó, Borsod-Abaúj-Zemplén...

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Fitch: the big emerging economies pull the world economy back

In its latest Global Economic Outlook (GEO) Fitch Ratings forecasts the global economy will grow by just 2.3% in 2015, the weakest since the global financial crisis in 2009, dragged...

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Hungarian food industrial exhibition in Rome

The Hu-Food Day took place at he Hungarian Academy in Rome (RMA) in the Italian capital on Thursday. The goal of the Hu-Food Day was to present yet unknown or...

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The Nébih tested special salts

The National Food Chain Safety Office (Nébih) tested special salts – for example, iodinated, fluorinated or reduced sodium content salts. As the result of the investigation public proceedings were initated...

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GfK: the mobile internet is spreading rapidly

Internet usage on phone or tablet is increasingly shifting towards mobile internet technology; Last year, 23 percent of users have used most of this modality, and the stationary wifi hotspots...

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Increasing Purchasing Managers' Index

The seasonally adjusted value of the Purchasing Managers' Index (PMI) was 55.8 points in September, 4.8 percentage points higher than in August. The respondents evaluated the economic processes more favorable...

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Consumer protection fines may decrease if the company is trying to comply with the law

The Competition Authority (GVH) can soften the fines in consumer protection cases, if the business justify its substantive efforts to ensure regulatory compliance – the Hungarian Competition Authority (GVH) on...

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The VAT on several basic foods will decrease in Slovakia from January

From next January, the VAT on several basic foods will decrease in Slovakia from 20 percent to 10 percent – the bill was approved on Thursday by the parliament. The...

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Eurostat: for 2080 almost one third of the EU's population of will be over 65

The European Union (EU) population is steadily aging. While in 2014, 18.5 percent of the total population was over 65, by 2080 this proportion is expected to reach 30 percent...

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The Jégbüfé reopens in October

Not far from its former location, the new Jégbüfé (Ice Bar) will open soon in a slightly more modern environment, but with the old confectioner countertops and appliances – Magyar...

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Great Hungarian Tourism Day in Vienna

This year's Great Hungarian Tourism Day is about Budapest's cultural attractiveness. The year's Great Hungarian Tourism Day will be held on Thursday at the Hungarian embassy in Vienna; at the...

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Global Chefs Challenge competition

he Global Chefs Challenge is where the worlds best chefs meet to compete. The competition is held in three different categories, Global Chefs, Global Pastry Chefs and Young Chefs Challenge...

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Cheese to be made from powdered milk in Italy too?

The European Commission would like Italy to end the ban on the use of milk powder, condensed milk and reconstituted milk in manufacturing cheese and other dairy products. The Italian...

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Non-salary benefits

For benefits offered as a package the so-called ‘HUF 500,000 rule’ is discontinued and the concept of the framework sum is introduced, together with the recreational framework sum. In the...

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European standards

On 12 June 2015 the government issued decree 1387/2015 (VI. 12.) on the usage of International Financial Reporting Standards (IFRS) for annual reporting purposes in Hungary. The standards will be...

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Duel cocoa powders put a unique innovation

Marvorino Magyarország Kft., the manufacturer of Duel cocoa powders put a unique innovation on the Hungarian market. The compnay’s new cocoa powders, available in three flavours – orange, banana, strawberry...

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Magazine: Playing the wrong part

Sorry, this entry is only available in HU....

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The retail real estate market is becoming more expensive in Budapest

The retail real estate market is becoming more expensive in Budapest – the latest analysis of the CBRE global real estate consultant was published by portfolio.hu. The supply of new...

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MNB: the spread of the touch cards increases the number of transactions

In the second quarter of the year, the use of electronic payment devices continued to increase primarily due to the significant expansion of the payment card infrastructure. The number of...

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Hungary’s first packaging-free shop was opened in Budaörs

Hungary’s first packaging-free shop was opened on Wednesday in Budaörs. The Nopack among other things aims to promote conscious purchase, zero-waste and fair trade. Monostori-Kalovits Márk owner pointed out at...

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The Hungarian honeys are also promoted at the Milan Expo

The Hungarikum Week started on Monday. The most popular, high-quality Hungarian honeys will also be showcased in the Hungarian Pavilion at the Expo in Milan with the professional guidance of...

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