News and articles
The GVH helps the small breweries in market acquisition
The Hungarian Competition Authority (GVH) required the three largest breweries in Hungary, by the end of 2017 to reduce the amount of their sold beer products by 20 percent exclusively...
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Russian embargo: Brussels extends the support measures
The European Commission will extend the scope of the measures, which seeks to ease the impact of the Russian import ban affect the fruit growers and the dairy industry –...
Read more450 tons of food for the needy already
Tesco pays special attention to reduce food waste. Tesco as the Platinum Sponsor of the Hungarian Food Bank Association, contributed to the food supply of the needy families with a...
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Economic sentiment improved slightly in the EU
Economic sentiment improved slightly in the 28 Member States of the EU in July, as well as in the Euro Zone – the European Commission (EC) said in a statement...
Read moreAnheuser-Busch's quarterly profit decreased
Profit decreased at Anheuser-Busch InBev in the second quarter, as volumes slid in the U.S. and Brazil. The Belgium-based company, with its North American operations based in St. Louis, said...
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Ten billion HUF program to start for people with changed working abilities
The government at the end of the year plans to launch a complex program for the and labor-market integration of disabled people with a 10 billion HUF support – said...
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SodaStream: carbonated water lasts longer in the heat
The carbonated water lasts longer in the heat, while chilled properly invigorates blood circulation. As a result, we can lose more heat, so its consumption is particularly advantageous during the...
Read moreFinance guards are suspected with the support of cigarette smugglers
The National Tax and Customs Administration (NAV) suspects 18 finance guards with the support of cigarette smugglers near the Ukrainian border. Waltner Rolland, Deputy Attorney General of the Chief Prosecutor's...
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Less tablets sold worldwide in the second quarter
In the second quarter the number of tablets sold decreased by 7.0 percent compared to the previous year. Compared to the first quarter, the number of tablets sold decreased by...
Read moreAn Australian pub without beer – Video of the day
What would happen if you turned the beer taps off in a 100-year-old Aussie pub? Watch to find out how the locals at the Old Hepburn Hotel react. (WARNING: contains...
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Masters of tender writing
According to Lajos Lovász, president of the MATERal Group, if a business decides to tender for funding, two things need to be clarified: can the project in question be realised...
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Budget approved in the spirit of stability and predictability
The Hungarian parliament has given the green light to the 2016 budget, the main objectives of which are the protection of jobs, tax reduction and creating a stable and predictable...
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Accounting 2.0 – changes in the financial institutions sector
At a seminar Deloitte organised for the financial sector on the latest developments, important legislative changes and new opportunities. Experts spoke about the positive influence the Lending for Growth Programme...
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Confusion about the VAT payment date rules
It is not the payment deadline as contained in 58. § (1) of the VAT Act but the last day of the settlement or payment period that shall apply for...
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Hundred thousand tons of flour is sold in the black economy each year
About 100 thousand tons of flour is sold in the black economy each year in Hungary with VAT frauds. The cheaters turned towards the flour, after the Government introduced reversed...
Read moreOne third of internet users use the web as a professional
Twenty percent of the net using adults have low, 43 percent of them have intermediate, and 37 percent of them have high digital skills – according to the survey prepared...
Read moreThe winemakers are protesting
Wine producers on the Plains feel their situation hopeless, because the 630 thousand hectoliters of cheap imported Italian wines, repress the price of the high quality domestic wine products. (The...
Read moreKSH: 126 thousand more people were working in April-June
The number of employees in April-May-June exceeded 4 million 201 thousand, 126 thousand more, compared with the same period of a year ago – the Central Statistical Office (KSH) announced...
Read moreKPMG: CEOs worldwide are optimistic about the future of the world economy
Chief executive officers (CEOs) of global businesses have grown more confident about the growth of both their companies and the global economy over the next three years than they were...
Read moreThe declaration of online rights was presented in Italy
The Italian parliament wants to have its say in the creation of an international legal framework promoting freedom, equality and access to cyberspace for all, and on Tuesday it presented...
Read moreSixty-five million HUF worth cigarettes were seized in Nyíregyháza
Sixty-five million HUF worth smuggled cigarettes were seized by the National Tax and Customs Administration (NAV) in Nyíregyháza – Jánvári Regina, NAV press officer told MTI on Wednesday. Jánvári Regina...
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Cultural and agricultural programs at the Hajdúhét
Colorful cultural and agricultural programs as well as Tractor Pulling European Cup also welcomes the visitors at this year's Hajdúhét (Hajdú Week), which will take place between August 14 and...
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No change in the GfK German sentiment index
In line with analysts' expectations change did not occur in the GfK economic research institute’s German sentiment index for August. According to the data published on Wednesday, the value of...
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Nébih: food security is good in the ice cream parlors near the Lake Balaton
The food security is especially great in the ice-crem stalls near the Lake Balaton, but because of some minor deficiencies 9 ice cream parlors were fined by the food safety...
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The world-famous DJ fell in love with the Hungarian cuisine
The world's leading premium beer brand the Heineken has launched an Instagram game to impove the reputation of Budapest. Those who worried about the reputation of the Hungarian capital had...
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The world famous Noma restaurant moves to Australia for ten weeks
The Noma, one of the world’s best restaurants, will relocate to Australia for ten weeks in summer. The Danish eatery will temporarily close in Copenhagen to launch in January at...
Read moreAccounting 2.0 – changes in the financial institutions sector
At a seminar Deloitte organised for the financial sector on the latest developments, important legislative changes and new opportunities. Experts spoke about the positive influence the Lending for Growth Programme...
Read more
Confusion about the VAT payment date rules
It is not the payment deadline as contained in 58. § (1) of the VAT Act but the last day of the settlement or payment period that shall apply for...
Read moreGood start of the year for Kométa 99
n the 1st quarter of 2015 Kométa 99 Zrt.’s net sales reached HUF 7.3 billion – back in the 1st quarter of 2014 the company’s performance was HUF 5.5 billion....
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Concentration in retail sales
Retail sales of processed meat exceeded HUF 79 billion in the first 4 months of the year. Sales grew 2 percent from January-April 2014. From this turnover salami’s share was...
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