News and articles
The tourist traffic has continued to grow during the holidays
According to the preliminary data, the tourist trafficcontinued to increase during the holidays, Budapest has become one of the most popular destinations in Europe – Ruszinkó Ádám, Deputy Minister of...
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Magazine: Freshness bottled
In Hungary many people still don’t know that according to European Union legislation, only the sparkling wine made in the Champagne region of France can be called champagne. What we...
Read moreFAO: facts of the world food situation
The Agricultural Outlook, 2015-2024, is a collaborative effort of the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. It brings...
Read moreThere is a demand for processed food products in Hungary
There is a demand for processed food products in Hungary as well as abroad – Kis Miklós Zsolt Minister of State of the Prime Minister's Office told M1 news channel....
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Bread regulation to come
The government would regulate what can be sold in the stores as bread – the index wrote. The tightening of rules included in the Food Guide directly affects everyone, because...
Read moreHow much pork prices will decline?
Due to the VAT reduction, the retail price of pork dropped by 17 percent from 27 to 5 percent from January 1. The trade association predicts that an annual 25...
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MNB: the SMEs were given more than two thousand billion HUF in the loan growth program
In the first and second stages of the loan growth program (NHP) a total of 31 thousand enterprises were given advanced financing in a value of more than 2,126 billion...
Read moreThe public employees can find jobs in the commercial sector the most easily
The trade is the area of the competitive sector, where the public employees can position themselves the most easily – the Minister of State of the Ministry of National Economy...
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Ipsos: Hungarians assessed last year positive
Hungarians assessed their personal lives, the events of their immediate environment mainly positively in 2015. However they classify the events occured in the country mainly negatively – according to the...
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Kavosz: the loan amount Széchenyi Cards was increased to 50 million HUF
The loan amount in the Széchenyi Card Program was increased to 50 million HUF from the former 25 million HUF – Krisán László, . Chief Executive Officer of the Kavosz...
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SPAR: “Giving is a joy!” – 257 tons of donations were gathered
More than 32 thousand gift packs containing durable foods were donated thanks to the “Giving is a joy!” action of the Hungarian Maltese Charity Service and the SPAR Magyarország Kereskedelmi...
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The FÁÜ appealed due to the GVH fine
The Fővárosi Ásványvíz és Üdítőipari (FÁÜ) Zrt initiated an action against the Hungarian Competition Authority’s (GVH) decision in which the GVH imposed a 40 million HUF fine on the company...
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Apple reduces iPhone production
Apple is scaling back its orders for iPhones, The Wall Street Journal reports, forcing its Chinese suppliers to lay off staff as they ready themselves for lower sales of Apple's...
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Government amends tax legislation
One of the most important changes is that in its new form the law differentiates between reliable and risky tax payers. Those companies which qualify as reliable get a VAT...
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Single-rate food chain supervision fee returns
The Hungarian parliament has amended the legislation on the food chain supervision fee: in the future even those companies will have to pay 0.1 percent of their sales revenue which...
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The baths of Budapest closed a good year
The Budapest Gyógyfürdői és Hévizei Zrt. closed a good year. Last year almost 4 million people visited the baths in Budapest – Czinege Szilvia, the company's marketing director said. She...
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GVH’s eyes set on cartels
The Hungarian Competition Authority (GVH) organised a press conference to introduce Cartel Chat, an online service that can be used anonymously and safely to get in touch with GVH about...
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Magazine: The market is bubbly
About 40-50 percent of sparkling wine and champagne sales is still realised in the November-December period, but the significance of summer months and various holidays is growing – György Kovács,...
Read moreFood industrial applications from mid-February
The food industrial applications can be submitted from 15 February. The supports aim to facilitate improvements in an amount of 151 billion HUF – Kis Miklós Zsolt, Minister of State...
Read moreSpeculation and overproduction move the grain prices
Nearly 70 percent of world’s cereal production will be wheat and corn this year. Because of the previous high prices many people interested towards the grain section of the commodity...
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The Tokaj Trading House may become profitable
The four-year development plan of the Tokaj Trading House will be brought to the government in these days. On the basis of the plan, the company will be profitable by...
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Free mobile app shows the sugar content of meals and drinks
A new free app by Public Health England and National Health Service can track how much sugar a drink, food or dessert contains. They urge parents to use the new...
Read moreAgricultural primary producer cards to be renewed
The agricultural primary producer cards will be renewed. Instead of the paper cards card-based ID cards will be introduced, the new system has been successfully launched – the president of...
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MNB study: external capital involvement is not popular among the Hungarian SMEs
The Hungarian and European small and medium-sized enterprises (SMEs) are reluctant to involve external capital and new joint owners, despite they obtain funds increasingly difficult, after due to the crisis...
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The agricultural machinery manufacturer to develop this year as well
The Hantech dealing with the manufacturing of agricultural machinery will double the number of employees this year. The company to expand its development activities with hundreds of millions HUF this...
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Hungarian chimney cake conquers Florida
The foreign newspapers wrote about an another Hungarian gastronomic venture; after the sconery in New York and San Francisco, the Hungarian chimney cake conquers Florida – hvg.hu wrote. Gulyás Anikó...
Read moreKSH: employment indicators continued to improveme
In September-November 2015, the number of employees increased by an average of 118 thousand to 4 million 273 thousand. Compared to the previous year, it is a 2.8 percent increase...
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Milk shortage may occur in Texas
After recent storms, fifteen thousand cows have died, the others weren't able to be milked. A milk shortage is expected in Texas. Dairy farmers in West Texas were hit hard,...
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0.2 percent euro area inflation in December
Consumer prices in the Eurozone are expected to edge up 0.2 percent year-on-year in December of 2015, the same as in the previous month but below market expectations, preliminary estimates...
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