News and articles

The Ukrainian president sells its confectionery company

Petro Porosenko Ukrainian head of state will sell his confectionery company, which is one of the largest in the world. The President of Ukraine, told the German newspaper Bild that...

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Almost half of the corn has been harvested in Zala County

Forty-five percent of the corn is harvested in Zala County, the average yield is 6.98 tons per hectare – Süle Katalin, county chairman of the National Association of Agricultural Economics...

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MasterCard is working with Visa on an online payment simplifying standard

The MasterCard and the Visa are working together on an online payment simplifying standard. The single-use passwords and biometric data will play the main role in the new standard –...

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It will be easier to trade with China

The euro zone's first clearing platform calculating in Chinese currency started operations in Frankfurt. With the platform, operated by the Bank of China it is possible to carry out trade...

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Toshiba to produce lettuce

Toshiba, the Japanese maker of laptops and TVs, has a new project — growing lettuce with no soil and in the cleanest of clean rooms. Because the lettuce can be...

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Low-grade seed sold without permission was seized by the NÉBIH

The National Food Chain Safety Office (NÉBIH) seized a total of 600 kilograms – about 14 bags – of unknown origin oak seeds from vendors in the Biharnagybajom and Nyírbátor...

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There will not be unified tax key on cafeteria

The drastic burden on cafteria will not be realized. the current 35.7 percent tax remains – in a slightly different form. The original plan was to standardize the different food...

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P&G among the leaders in the Chinese FMCG market too

According to AdvertisingAge (USA), since 2012 Procter & Gamble’s second biggest market has been China. P&G is the country’s biggest advertising spender and is the market leader in basically all...

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Drugstores dominate

Decorative cosmetics retail sales exceeded HUF 5 billion between January and August 2014. Value sales augmented by 10 percent and volume sales rose 2 percent, according to the Nielsen Retail...

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Body care when it is cold outside

Economic recession and changing consumption trends made great changes in the body care market in the last few years – Katalin Rosta, junior shopper & customer marketing manager of Unilever...

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The legal requirements for invoice issuing have changed

Until 15 November 2014 enterprises must report data on the invoicing software they use to the tax authorities. Data to be reported: a) software name and ID, b) name and...

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What is on the packaging: from manual labels to two-dimensional barcodes

Packaging – be it consumer, collective or transportation packaging – plays a crucial role in every point of the product and information flow. Information is carried by text, pictogram or...

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Omnichannel guide

1. Customers in a new light: not only their spending, basket composition and purchasing history defines customers but also their interaction, which can change from minute to minute. 2. Loyalty...

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Promotions: legal and tax issues

On 4 October 2014 PwC’s Academy held its October session – in the spectacular Eiffel Palace building on Bajcsy-Zsilinszky Road – where promotion-related legal and tax issues were discussed. Dr...

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(HU) Libikóka Krizsó Szilviával – Fent és lent

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

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Rotomoulding: excellent performance

Although plastic is public enemy No. 1 in the eye of many due to environmental considerations, international packaging trends reveal that this material type is developing the most dynamically. There...

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Magazine: Major league catering – Part 5

After visiting the Kaefer group’s kitchens and shops a special location came next in the programme: the Allianz Arena, the home of Bayern München football club. Kaefer can do the...

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The rate of the third quarter GDP growth has surprised the analysts

According to the flash estimate of the KSH Hungary’s gross domestic product (GDP) grew by 3.2 percent in the third quarter compared to the same period last year. The result...

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Hong Kong is open to the Hungarian meat products

Fazekas Sándor Minister of Agriculture, who continued his program in Hong Kong, China on Friday in a special administrative zone. He talked about the effectiveness of licensing procedures for pigs...

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The Hipp Kft. expects significant increase in sales

After last year’s mopre than 10 billion HUF revenue , the organic baby food and drinks manufacturer Hipp Kft. expects a 11 billion HUF sales revenue for this year and...

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Artisjus: background music in stores to be obtained easier and cheaper

The Artisjus signs a cooperation agreement with background music provider companies and also encourages to play quality music in the shops with royalty discounts – the Artisjus Hungarian Copyright Protection...

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The habitat survey to be extended to the entire Tokaj wine region

On the basis of the agreement of the Tokai Wine Region Mountain Village Council and the Tokaj Trading House Plc., the habitat survey to be extended to the total area...

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A three-day Garda festival in Tihany

At the 13th Garda Festival in Tihany, the organizerswish to cultivate the traditions Garda fishing around the lake. The 13th Garda Festival is starting on Friday and lasts for three...

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Production is continuous in the Esztergom-based plant of Thai President Foods

Production is becoming continuous with the production of nearly 90 thousand packages of instant noodle every day at the factory of the Thai President Foods located in the Industrial Park...

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Decorate Asti Martini as you like!

The base is the exclusive white glass of Asti Martini, while the decoration is completely customizable. The Martini prepares for the holidays with a real specialty. One of the company’s...

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Nearly seven hundred thousand smuggled cigarettes were seized in Budapest

Thirty-five thousand packs of Belarus contraband cigarettes in a value of 28 million HUF were seized by the financial investigators of the National Tax and Customs Administration (NAV) in Budapest...

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THe Hungarian Spa Association expects a growth for the next year

If the Széchényi Rest Cards will remain in the preferential tax band and the summer of 2015 will bring better weather than this year, 3-5 percent revenue and turnover growth...

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Business loans: the subsidised product takes all

It was undoubtedly the Central Bank of Hungary’s (MNB) Lending for Growth (NHP) programme that generated the biggest upturn in the corporate lending market after the middle of 2013. The...

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Companies calculate with more moderate financial results

Financial expectations of Hungarian enterprises muted a little in comparison with the beginning of the year. On average they calculate with a 6.3-percent sales growth and a 3.8-percent increase in...

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Company heads’ personal responsibility: there is no need to panic, but they better be prepared

Hungary’s new Civil Code entered into force on 15 March 2014 and among other things it also regulates the personal responsibility of company heads. The new law puts such big...

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