News and articles
The Hungarian growth is not enough to catch up
The growth of the gross domestic product (GDP) in the second quarter of 2016 surprised the analysts, but the 2.6 percent growth indicator is deceiving. If it is cleaned off...
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The Heim Pál Children's Hospital Foundation is collecting money for lifesaving breathing machines
Every year 270-300 children with severe, life-threatening condition are healing at the country's largest pediatric institution, hence there is an absolute need for more modern breathing machines. There are a...
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NAV: gifts are tax-free at festivals
Gifts given at festivals are tax-free, up to 10 percent of the total costs – was published by the National Tax and Customs Office (NAV) on its website. The Tax...
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1.25 billion HUF application to establish electric charging stations
The Ministry of National Economy’s (NGM) application to establish electric charging stations was published on Monday. For the 1.25 billion HUF non-refundable settlemets with more than 15 thousand inhabitants can...
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Which is greater: Nike or Adidas?
Many people are not entirely clear that which sporting goods manufacturer is larger: Nike or Adidas? Nike's revenue has been higher than the revenue of Adidas, in recent years this...
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The Michelin star of a popular British restaurant is in danger due to divorce
An award-winning restaurant praised for 'cuisine of great finesse' could lose it's coveted Michelin star, as part of the fallout of divorce proceedings between the couple who run the popular...
Read moreTotinos Pizza Rolls – Video of the day
Totinos Pizza Rolls asked some of our favorite comedians/T.V. stars/Cinco salesmen, Tim and Eric, to cook up some products aimed at helping you live that Totino’s life. Everyone is a...
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The automation trend prevails
There is increasing interest in automatic solutions in the fields of warehousing and logistics, in spite of the fact that only a few Hungarian companies have the necessary budget for...
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Magazine: The world’s packaging industry met in Budapest
At the end of May 2016 the World Packaging Organisation (WPO) held its spring meeting in Budapest. The host was Hungarian member organisation, the Hungarian Association of Packaging and Materials...
Read moreThe Hungarian economy increased better-than-expected
In the second quarter the gross domestic product (GDP) increased by 2.6 percent compared to the same period of the previous year after a 0.9 percent rise in the first...
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Raspberry production may cease in Hungary
Hungarian raspberry may disappear from the market, because according to the producers it is less and less worth to deal with the large labor-intensive manual activity – Magyar idők wrote...
Read moreAnalysts: the better than expected GDP data can improve the economic performance of the entire year
The growth of the gross domestic product (GDP) in the second quarter was significantly higher than the expectations of the analysts, so the average performance of this year can be...
Read moreSummer harvested crops reached yields records
Winter wheat, barley and canola reached record yields this year – Nagy István Parliamentary Minister of State of the Ministry of Agriculture said on Friday in Hajdúböszörmény at the press...
Read moreSpecial tax could hit the Sunday afternoon opening hours
Népszabadság informs that the Sunday opening hours would be regulated by the law – portfolio.hu wtote. If a shop would remain open longer it would receive a special tax. The...
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Russia extends the destruction of embargoed food by the end of next year
The Russian government extended the destruction period of imported embargoed food until 31 December 2017 – according to a government decree released on Friday. In August 2014, Russia introduced an...
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Robots will pack the fruit
Agricultural technology companies presented interesting novelties at Forbes magazine’s AGTECH conference this year, including a robot arm, equipped with ultra-soft manipulator that can replace human labor in the packaging of...
Read moreChamber of Agriculture: happy farmers after the harvest
After the completion of this year's harvest, farmers are satisfied with the crop, yield and quality – Süle Katalin, the spokeswoman for the National Bureau of Agricultural Economics Association (NAK)...
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Many wild and ornamental plants have more nutritional value than their cultivated counterparts
Many wild and ornamental plants have more nutritional value than their cultivated counterparts, Meredith said. “For example, wild spinach [also called lamb’s quarters] is a common garden weed with more...
Read moreGood results for the German economy
The German economy’s performance expanded at a higher pace in the second quarter than it was expected by experts. In quarterly adjusted terms, Europe's largest economy and economic powerhouse grew...
Read moreStagnant retail sales in the US
U.S. retail sales were stagnant in July, neither gaining much nor losing much, according to the Census Bureau on Friday. Without the sales of cars—which have been an important driver...
Read moreFollowing the lost smell – Video of the day
The Madeleine is, to all intents and purposes, an analogue odour camera. Based on current perfumery technology, Headspace Capture, The Madeleine works in much the same way as a 35mm...
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Food products were the most frequently advertised in May
In May 2016 television commercials for groceries reached the most 18-49 year old viewers, as their GRP was 30,813 points, 6 percent higher than in last May. The GRP shows...
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Hotels to be full on 20 August
Hotels will be full on the public holiday weekend of August 20, according to the panorama made by the correspondents of MTI. Kovács István, the Secretary-General of the Hungarian Association...
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Trends in neighbouring countries: a mixed picture
FMCG value and volume sales were up in Romania, Serbia, Slovakia and Slovenia. Volume sales practically stayed put in Austria and Croatia. Average prices dropped in Romania, Slovakia and Slovenia,...
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Magazine: Synergies and contradictions
At the end of May Századvég Economic Research Zrt. and the National Association of Tourism and Hospitality Employers (VIMOSZ) organised a conference in Budapest, titled ‘The role of Hungary’s food...
Read moreOKSZ: the tightening of rules would cause significant increase in costs
According to the National Retail Federation (OKSZ), if the proposals on Sunday working would be realized, that would cause significant increase in costs. The National Retail Federation (OKSZ) told that...
Read moreFM: 40 billion HUF support for wine investments
The government decided about the opening of a 40 billion HUF wine investment support frame within the rural development program for wine investments. Gál Péter, Deputy Minister of State of...
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The delivery of Hungarian beef to Hong Kong can begin
The delivery of Hungarian beef to Hong Kong can begin, after the Ministry of Agriculture (FM) has successfully agreed with the Hong Kong Food Inspection Authority – the ministry said...
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