News and articles

Variations on VAT cut

The government will discuss the issue of reducing VAT on food products on 27 March. It seems tha the Minister for Rural Development, insists to the referral that was jointly...

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Tax exemption on the home distillation of pálinka was filed at the European Court of Justice

Tax exemption on the home distillation of pálinka was registered at the European Court of Justice. In the case, the European Commission has launched infringement proceedings against Hungary – the...

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Fruit trees are pruned at Tedej Group’s dairy farm

The prune of apple trees is completed, and the prune of sour cherry began at Tedej Group’s dairy farm – Bódi László, Tedej Group’s CEO told MTI. He told that...

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Four out of five cakes are locally baked at Auchan

The Auchan stores are waiting the costumers with extended range – for example, with spongy and salty cakes only available at Easter. Nowadays 80 percent of the cakes sold at...

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The Ukrainians spend more on alcohol, cigarettes and illegal drugs than on clothing and shoes

According to the datas of the Ukrainian State Statistics Office published on Wednesday, the Ukrainians spent more on alcoholic beverages, tobacco and illegal drugs last year, than on clothes and...

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15th March is the international day of consumers

World Consumer Rights Day (WCRD) is an annual international occasion. The day aims to enhance solidarity within the international consumer movement. March 15 gives us an opportunity to promote the...

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Unicum won gold medals at the World Spirits Competition

The Unicum and the Unicum Szilva (Unicum Plum) was awarded with gold medals at the World contest for high-quality distillates, at the World Spirits Award – the Company announced. At...

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Sausage Muster Festival at the Castle Garden in Gyula

The fourth International Sausage Festival begins on Saturday at the Castle Garden in Gyula. The event aims to promote and present smoked sausages and the making of them. Butcher plants...

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Immediate help by Coop

Throughout the terrible weather circumstances brought about by the snow-storm, Coop has offered immediate help to drivers on the roads in need, in strong co-operation with mayors of the villlages...

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How long may the fast winds blow for the Hungarian meat industry?

Is this the nadir, or is it possible to screw more on the machine pressing the sector? – Éder Tamás president of the Meat Association gave this title of his...

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KSH: agri producer prices rose by 18.1 percent in January

In January, the agricultural producer prices rose by 18.1 percent, compared to the same period of last year – the Central Statistics Office announced on Wednesday. The data corresponds to...

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Fierce competition and a steep increase in e-commerce

More and more people choose online shopping instead of classical in Hungary – shows the comprehensive market analysis of Olcsóbbat.hu and UNAS involving more than 2,000 partners of webshops. 68...

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The Hungarians like schnitzel and fried potatoes the most

Cottage cheese, stew, schnitzel and fried potatoes or pancakes? These are foods that the Hungarian housewives like to prepare. But which meal is on the table of the Hungarian families...

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Agricultural Conference: irrigation could increase grain yield

The annual 15 – 16 million domestic cereal production can be increased to 20 million tons per year with proper irrigation – Jakab István, Vice President of the National Assembly...

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Budapest Bank: 14 percent of the small businesses have loans

Currently, only 14 percent of the micro and small enterprises have loans. 46 percent of them has overdraft loans, 19 percent have Széchenyi Card Overdraft Loan, and 10 percent have...

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The Easter egg range satisfies all requirements in the Auchan

The Auchan supermarket chain awaits its costumers with uniquely wide range of eggs and fair prices. Based on the results of last year, this year more than one and a...

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U.S. retail sales rose in February

U.S. retail sales rose by 1.1 percent in February, above the expected 0.7 percent – the Ministry of Commerce announced. The owners of websops and construction department stores have experienced...

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Investigation was launched in Romania, due to contaminated turkey meat

Romanian authorities have initiated an investigation after turkey meat treated with antibiotics from Romania was found by German authorities in Germany. Vladimir Manastireanu, vice president of the Romanian Animal Health...

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GKI: An economic recovery plan, apart from a fairy tale

A blueprint of the government's actions for the 2014-2018 period. You can download the report from here....

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Hungarians purchase milk and bread more often than the European average

Most people considers the favorable price / performance ratio as the most important factor when buying milk, meat, poultry, and deli goods. The majority of the Hungarian costumers purchase meat,...

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GfK: mineral water is still a good business

The Hungarian population consumes mineral water several times a week, in practice it has become part of the daily diet. An average household is purchasing about 330 liters a year,...

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Analysts: Inflation in the coming months can fall to 2.1 – 2.6 percent

Consumer prices fell by 0.1 percent in February, compared to January, and were 2.8 percent higher than a year earlier – the Central Statistical Office (KSH) announced on Tuesday. The...

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The mandatory deposit can ruin selective waste collection

The introduction of deposit on the single-used beverage packagings can eliminate selective waste collection and would cause unreasonable additional costs for the state and the economy – was said at...

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The Ministry of Rural Development (VM) would easen the damage of dairy producers caused by aflatoxin

The Ministry of Rural Development has been working on the regulation, which would provide assistance to producers who are forced destroy their milk that excess the limit of aflatoxin content...

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The Hungarian-Azerbaijani agro and food industrial working group holds its first session

The Hungarian-Azerbaijani agro and food industruial working group holds its first session on Tuesday in Baku – the Ministry of Rural Development (VM) told MTI on Monday. The Hungarian working...

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A New York judge has decided that the mayor can not ban high-sugared drinks

A judge struck down New York’s limits on large sugary drinks on Monday, one day before they were to take effect, in a significant blow to one of the most...

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Decline in retail sales is slowing down in Croatia

In January 2013 the volume of retail sales fell by 5.3 percent in Croatia, compared to the previous year, which is less than the 6.1 percent decline of December –...

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Nike and Adidas are expanding in China

Adidas and Nike are expanding in China this year. Both companies seek to slit a bigger slice from the 24 billion USD Chinese market with new market strategies. Nike, which...

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RAUCH Hungária is celebraing its 20th birthday

RAUCH Hungária is celebrating its 20th anniverary this year. the international company has been present in Hungary since 1993, and they are one of the major companies using pure Hungarian...

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Henkel: Working together for sustainability

Henkel is publishing its latest Sustainability Report today. The focus of this 22nd issue is on the implementation of the sustainability strategy that the company presented in 2012. At the...

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