News and articles
Five Central and Eastern European countries call for joint action against VAT fraud
Five Central and Eastern European countries call for joint action against VAT fraud, among other things, to extend reverse VAT – Varga Mihály, Minister of National Economy (NGM) told MTI....
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The P & G and Auchan launched a joint charity program for the children in need
The Procter & Gamble and Auchan launched a joint charitable program to improve the daily lives of the residents of the SOS Children's Village and four other children homes and...
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The Turkish cultural center organizes culinary months in Budapest
Café evening, cooking courses and culinary street festival are also included to the programs of the thematic culinary month of the Yunus Emre Enstitüsü Turkish Cultural Center. The thematic culinary...
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US food chain chain stops serving GMO food
Food companies around the U.S. are proactively working to label foods containing genetically modified organisms (GMOs), and in some cases do not sell them at all. The Chipotle network removed...
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Seventeen Hungarian wines at the Le Mondial Du Rosé
The Hungarian wines reached great results at the LE MONDIAL DU ROSÉ, which is the world's largest and most important rosé wine competition. The competition was held between 25 and...
Read moreThe tobacconists already took the folies down several places
Several tobacconists took the folies down from the tobacco shop windows after the murder in Kaposvár. The shop owners usually covers the tobacco products with a shutter – the M1...
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OMÉK: parade of local products in Budapest
The 77th National Agricultural Exhibition and Trade Fair (OMÉK) will be the parade of local products. The OMÉK will be held in Budapest in September – the Minister of Agriculture...
Read moreThirty Million HUF worth smuggled cigarettes were found near Szatmárcseke
The National Tax and Customs Administration (NAV) found thirty Million HUF worth smuggled cigarettes near Szatmárcseke. The finance guards detected a suspicious boat on the Tisza river and a vehicle...
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The bath in Hajdúszoboszló was given a five-star rating
The bath in Hajdúszoboszló received the five-star rating as the second in the country, and first among the beaches in the countryside – the M1 news channel informs. The rating...
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Sensual and feminine film by Nespresso shot in Hungary
The official sponsor of the Cannes Filmfestival, Nespresso has run a competition for youbng filmmakers which was won by Anna Ailens movie Dress up. It is going to be feminine,...
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Flavoured honey at home and on the menu – Video of the day
Honey is delicious on its own but infusing it with different flavors is a fun way of taking things to the next level. The great thing about infused honey is...
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Gallicoop forced to find new markets due to the embargo
Last year Gallicoop Turkey Processing Zrt.’s sales revenue was HUF 33 billion, 1 billion more than in 2013. This progress had to do with the fact that because of the...
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Manufacturer brands bettered their position
Razor and epilator sales exceeded HUF 800 million last year, but value sales reduced by 8 percent – while volume sales were stable. Drugstores were responsible for the majority of...
Read moreCBRE: dynamic growth on the commercial property market
Last year11.4 million square meters of shopping centers were built in the world. This is 800 thousand square meters more than in 2013. Twenty percent of the new shopping centers...
Read moreThe government raised its GDP forecast for 2015 to 3.1 percent
The government raised the expected economic growth forecast to 3.1 percent from 2.5 percent – Banai Péter Benő, Minister of State of the Ministry of National Economy (NGM) told M1...
Read moreHungarian-Russian negotiations on food security in Budapest
Bognár Lajos, Deputy Minister of State of the Ministry of Agriculture (FM), and Alexei Alekszejenko, deputy leader of the the Russian Federation’s Federal Veterinary and Phytosanitary Supervision (Rosszelhoznadzor) were discussing...
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The Hungarian television advertising market is expecting a single-digit growth this year
The Chairman of the Hungarian Electronic Broadcasters Association (MEME) predicted a “correct, but single-digit” growth for the Hungarian television advertising market this year. Kovács Krisztián stated that they do not...
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The Reál Hungária Élelmiszer Kft. and the Milk Product Council signed an agreement
The Reál Food Hungária Kft. – after becoming a member of the Milk Product Council on 19 March – concluded a cooperation agreement on 29 April with the Milk Interprofessional...
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Magazine: VakVarjú
Our magazine asked majority owner Rudolf Semsei about brand building at of one the most dynamically developing Hungarian-owned restaurant chains, VakVarjú. VakVarjú restaurants serve quality food at affordable prices. The...
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The fisheries management operational program aims to increase fish consumption
The Hungarian Fisheries Management Operational Program is soon to be completed. The program aims to double the current domestic fish consumption of about 5 kilogrammes per capita – Viski József,...
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Rising cocoa prices on the world market
Cocoa prices rebounded strongly despite another set of data signalling a drop in demand for beans this time from Asia, where the grind fell even further than in Europe...
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Hungarian trading houses were opened in Namibia and Zambia
The Head of Communications of the Hungarian National Trading House Plc. (MNKH) informed MTI on Friday that the government opened two Hungarian trading houses on Thursday in accordance with the...
Read moreSzékely Festival in the Millenáris Park
Cultural activities, dance house, puppet theater and culinary demonstrations and exhibitions await the visitors of the Székely Festival that begins on Friday in the Millenáris Park in Budapest. At the...
Read moreGMO corn seed was found in a consignment in Kecskemét
GMOs (genetically modified organisms) contaminated maize seed was found in a shipment, ordered by a Kecskemét-based company. The National Food Chain Safety Authority (Nébih) seized the shipment worth 10 million...
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The spa in Zalakaros has opened its fiftieth season
The spa in Zalakaros is celebrating its 50th anniversary this year. In the past fifty years almost 27 million visitors visited the spa – Krampek Mihály CEO of Gránit Gyógyfürdő...
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Hotel Association: the number of domestic guest nights increased by 10 percent in hotels in Hungary
In the first two months of the year, the number of domestic guest nights increased by 10 percent, while the number of foreign guest nights increased by 7.6 percent, compared...
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Magazine: Tens of billions in promotional revenue – but how much comes from extra sales?
In Hungary from the sales of certain high-turnover categories more than 50 percent is realised in promotion. Do promotions generate extra sales or do manufacturers destroy value with the many...
Read moreThe owners of small shops will benefit from Sunday store closure
The mandatory Sunday rest day will provide new jobs in trade. The regulation brought a positive turn to small shops – the Napi Gazdaság wrote in its Wednesday edition. Pichler...
Read moreThe majority of the domestic consumers are open for online food shopping
One in six Hungarian consumers have purchased food products available in online retail, which were shipped to home. Apart from them, more than half of the Hungarian consumers are prepared...
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The cooperation of a Hungarian and an Italian family will reshape the European mineral water market
Central Europe's largest mineral water bottler, the Czech Karlovarské Mineralni Vody Group (KMV) and the Szentkirályi Ásványvíz Kft. will cooperate in order to jointly continue the expansion in Hungary and...
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