News and articles

Invoicing with value limits

Those businesses that don’t follow this year’s tax rule changes are risking serious fines – warn the experts of MAZARS. In the past the tax number of a product’s buyer...

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Pastadance – Video of the day

Customers come to Hai Di Lao in Shanghai for the theatrics....

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Under a supported roof

With a sum up to HUF 5 million in a 5-year period, companies can support the real property buying (or the paying back of real property loans) of employees tax-free....

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Efficient NAV

In 2016 the reformed, customer-oriented National Tax and Customs Administration (NAV) put HUF 12,793 billion into the national budget, HUF 31 billion more than originally expected by the government. Secretary...

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Cunning merger

Hungarian regulation on mergers has changed fundamentally. Due to the changes in competition law, in the future a transaction can be approved in 8 day instead of the present 30...

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Shocking statistics about the world

Shocking new from www.worldometers.info: World Population 7,486,003,207Current World Population 19,992,124Births this year 326,361Births today 8,264,277Deaths this year 134,910Deaths today 11,727,847Net population growth this year...

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Magazine: It is easier if you aren’t alone

The European Union is Canada’s second biggest trading partner – their No.1 trading partner is the USA. After many years of negotiations, Canada and the EU signed the so-called Comprehensive...

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ÉFOSZ and Branded Goods Association welcome the ministry’s decision

The Federation of Hungarian Food Industries (ÉFOSZ) and the Branded Goods Association (BGA) welcome the announcement that Róbert Zsigó, secretary of state at the Ministry of Agriculture made today: in...

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Ministry of Agriculture (FM): comprehensive testing has started because of the differences in the quality of food products sold

Minister of Agriculture Sándor Fazekas has commissioned another comprehensive laboratory testing of similar food products sold in shops in Hungary and abroad, in order to compare their qualities – told...

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Nielsen: Europe faces slow growth

Amid great political and economic change around the world, global consumer confidence moved modestly in 2016, rising three points between the first and fourth quarter to 101. Confidence scores in...

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KSH: gross average earnings increased to over 305 thousand HUF in December

Last December, gross average earnings increased by 5.7 percent of gross earnings, while net average earnings were 7.3 percent higher than a year before. Excluding the wages of public employees,...

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The Financial Directive of 2018 revolutionizes mobile banking

The online and mobile banking have become everyday part of life for the majority of users. But if the customers want to gain complete control over their financial information belongs...

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There is no powerful Hungarian economy without agriculture and food industry

There is no powerful Hungarian economy without agriculture and food industry – the Minister of National Economy underlined at a forum in Budapest, organized for young agricultural professionals. Varga Mihály...

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Agricultural Management Exhibition will begin on Tuesday

The 3rd Precision Agricultural Management Exhibition and Conference (Prega) begins on Tuesday this week. Milics Gábor associate professor of the University of West Hungary told M1 news channel on Monday...

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Mountain Villages: fewer grapes this year

Fewer grapes will be harvested this year because of the frost – Brazsil Dávid, Secretary-General of the National Council of Wine Communities told M1 news channel on Saturday. The Secretary-General...

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MNB: household wealth increases continuously

The net savings of households increased by 522 billion HUF in the fourth quarter of 2016, while in the total year by 1574 billion HUF. In the proportion of the...

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The government launches a supplier development program

The government launches a two-year development program for suppliers: The total amount of the program for 2017-2018 will be 14 billion HUF- Varga Mihály, Minister for Economic Affairs said at...

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EU’s energy consumption fell below its 1990 level

Energy consumption in the European Union in 2015 was below its 1990 level the EU’s statistical agency Eurostat announced on 20 February. EU dependency on imports of fossil fuel imports...

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Deterioration in consumer confidence in the euro zone

Consumer confidence deteriorated larger-than-expected in the eurozone in February. The flash reading for Euro-zone consumer confidence indicator declined to -6.2 for February from a final -4.9 in January and compared...

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Agrárkamara: a piaci igényekhez kell igazítani az agrár-felsőoktatást

A munkaerőpiac igényeihez kell igazítani az agrár-felsőoktatást, egyebek mellett a kereslet és a kínálat hatékony összeegyeztetésével, valamint jelentős kutatásfejlesztési tevékenység támogatásával, mert a képzési problémák már az ágazat versenyképességét veszélyeztetik...

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dm launches activebeauty Online Magazine

In 2009 dm started the activebeauty customer loyalty programme in Hungary. The drugstore chain’s magazine plays a key role in keeping in touch with customers. From this year the activebeauty...

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Wiesbauer-Dunahús: sales exceeded 4 billion forints

In 2016 sales of Wiesbauer-Dunahús were more than HUF 4-billion. The sales increase was mainly driven by their premium assortment, which was introduced in 2016, especially the new Prémium Sacher...

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Manhattan’s destiny is in good hands – Video of the day

Australian model Sarah Stephens demonstrates how to make the perfect Manhattan....

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Tüü Péter has become the sommelier champion of Hungary this year

Tüü Péter of the Arany Kaviár Restaurant won the Sommelier Champion of Hungary in 2017 title at the Hungarian Sommelier Championship held in Budapest on Sunday. Second became Angerman László,...

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The world’s ten least expensive travel destinations

The Hoppa carried out the ranking of the world’s cheapest destinations – penzcentrum.hu wrote. In order to find the cheapest destinations, the editors have calculated how much an average tourist...

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Personal changes at DS Smith Packaging Hungary

Since September 2016 Levente Szabó has been the new sales and marketing director of DS Smith Packaging. György Greksza was appointed design and innovation director in Hungary. Monika Cervenak’s new position is regional sales director...

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Magazine: A more premium ham market

Market research data showed that less smoked and smoked-cooked meat was sold last Easter than in the same period a year before. Market players say premium quality products are pushing...

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More than 73 million forints worth of donations made in Tesco stores

Within the framework of the Hungarian Interchurch Aid’s programme called ‘love.hunger’, last year Tesco workers and customers collected more than HUF 73 million, by buying more than 295,000 HUF 250...

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The food brands also respond to the different tastes of consumers

The same brands are sometimes marketed with different contents – the investigations of the Hungarian Food Safety Authority (Nébih) suggest. But the manufacturers of brands mentioned in the news coverage...

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