News and articles

The fifth Belgian Beer Festival coming up this weekend

The fifth annual Belgian Beer Festival is here! Beer lovers can taste over 150 different types of Belgian beer from 31 breweries. In 2014, the festival moves to a new...

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This glass toaster can even cook steak – Video of the day

Italian appliance company Bugatti showed off a new glass toaster that uses semiconductors inside glass to heat everything from toast to meat....

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Export assistance in the SME sector

At the end of March the Budapest Chamber of Commerce and Industry (BKIK) and the Hungarian National Trading House (MNK) welcomed the representatives of exporting Hungarian SMEs to the closing...

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Atradius: German economy gives hope to Hungarian exporters

After the moderate performance of the last two years Germany’s economy may gain momentum in 2014 and the GDP may grow by as much as 1.8 percent. According to Balázs...

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More wine goes to Germany and they are of better quality, too

Germany is Hungary’s most important trading partner with a share around 25 percent in both our export and import. As for the most important states, more than half of Hungary’s...

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Private label products are becoming more and more popular

Private label products are becoming more and more popular on the domestic market. In addition to the private label goods, discounted products that are not avalable elsewhere are gaining a...

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The Paypal expects an increase in online purchases

The PayPal Ltd. expects a strong growth on the m-commerce market in Hungary this year – the online financial services company informed MTI on Monday. The entire Hungarian m-commerce market...

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One can enter into agricultural insurance at four companies this year

This year, in addition to the three current players – Allianz, Generali and Groupama insurance companies agricultural insurance can be bought at the Első Magyar Agrárbiztosítási Ügynökség (First Hungarian Agricultural...

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Hungary opens a trading house in Singapore

The Hungarian National Trading House Zrt., the Hungarian Foreign Economy Association, and Hungary’s ambassador in Singapore held a joint press conference on 12 Mayin Budapest. At the informal meeting they...

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The Mirelite MIRS Zrt. appointed a Marketing Director

Sánta Zoltán fills in the position of the Marketing Director. The expert has a 15 -year professional work experience in the FMCG sector. He fills in his new position since...

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Deloitte: investor confidence is on its pre- crisis level

Investor confidence in the region increased in the spring of 2014 to the levels of the 2003-2007 period. Deloitte’s investor confidence index shows a positive trend for the third consecutive...

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Newer machines have received marketing authorization

The Hungarian Trade Licensing Office (MKEH) issued marketing authorizations for another six cash machines in recent days – turns out the news published on the agency's website. The Optima QMP50...

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Nébih: it is important to enrich the children’s knowledge of food safety

To enrich the children’s knowledge of food safety is an important element of the Food safety Strategy adopted last year, as it is the only way to become conscious consumers...

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Are red wine and dark chocolate really health care products?

Researchers doubt in the health care effect of the resveratrol which is an antioxidant component of red wine, after they tracked the inhabitants of an Italian wine region for for...

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Magazine: Pioneering role in the market

Ákos Kamocsay is perhaps the best-known Hungarian winemaker among European consumers. Hilltop Neszmély Zrt.’s co-owner was voted Winemaker of the Year in the United Kingdom two years earlier than in...

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More than half a billion HUF worth smuggled cigarettes were found by the staff of NAV

More than half a billion HUF worth, presumably smuggled cigarettes were seized by the staff of the National Tax and Customs Administration (NAV) in Nyíregyháza and in Váncsod, Hajdú-Bihar County...

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Obese stomachs tell us diets are doomed to fail

The way the stomach detects and tells our brains how full we are becomes damaged in obese people but does not return to normal once they lose weight, according to...

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A teaser from the atmosphere of Bocuse d’Or in Stockholm – Video of the day

Sorry, this entry is only available in HU....

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The Russian meat ban can affect the Hungarian companies badly

The Russian meat ban is a major problem for the Hungarian meat companies, who were interviewed by the MTI. From May 14 Russia temporarily prohibited meat imports. Several companies complained...

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More Hungarian products in the Lidl stores

The Lidl distributes more Hungarian products, and works together with more Hungarian suppliers than a year before. The turnover of the Hungarian products rose by 17 percent – the discount...

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Slovak wine producers welcome the tightening in the production of Tokaji aszú

The wine producers in Slovakia are happy, because thanks to the decision of the Mountain Village Council of the Tokaji Wine Region, in the future only 5 and 6 butt...

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The Chamber of Agriculture and the National Commercial House signed a cooperation agreement

The cooperation agreement was signed in Budapest on 8 May 2014. The document states that the agricultural sector is a strategic sector. The improvement of the sector is a common...

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The Budapest Palinka Festival will be held a week later

The new date of the 9th Budapest Palinka Festival is 22 to 25 May 2014. The festival will be held in the City Hall Park. Due to the expected rainy...

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“There's music in it!”: The Folk Musician Wine of the Year

Hungary’s leading folk musicians are choosing the country’s Folk Musician Wine of the Year at the Budapest Folk Fest’s “There's music in it!” day every year since 2013. This year...

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Mol campaign to collect used cooking oil

The Mol Nyrt. has launched a campaign in May to stimulate the recollection of the used cooking oil – the company told MTI on Monday. According to the Communication, the...

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The e-toll unveils VAT frauds

The system of e-toll, facilitates the the catching of VAT frauders. The NAV obtains the informations, on which they can follow the path of shipments. So it turns out if...

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The special rice subsidy payment has begun

The Agricultural and Rural Development Agency (MVH) has started to pay out the special rice subsidies to payments 60 rice producers in a value of more than 380 million HUF...

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KSH: the guest traffic of commercial accommodations decreased by 2.6 percent in March

In March, the guest traffic of teh commercial accommodations in Hungary decreased by 2.6 percent. The number of guest nights spent by foreigners decreased by 4.1 percent, while the number...

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A French expert from the Crimean Peninsula

VinCe Budapest is one of the Hungarian capital’s biggest wine events and this year it brought us Fabien Lorenzon, the French champagne master of Abrau-Durso Winery in the Crimean Peninsula...

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