News and articles

According to the Hungarian government, the retail surplus tax did not violate the directive on Value Added Tax

The Government argues that the burden on retail activity violated the directive on the common value added tax, because the tax does not present any of the four characteristics of...

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HENT: counterfeiting causes a serious damage to the quarter of the companies

In Hungary, a quarter of firms are badly affected by counterfeiting, but most of them are doing nothing to prevent it – the recent research of the National Anti-Counterfeiting Committee...

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FM Logistic starts the operations for Auchan in Hungary

Due to FM Logistic and Auchan partnership for several years in the world, in countries like Russia, Poland, China, France and recently in Hungary, FM Logistic is strengthening its position...

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Fish production: the target is 30 thousand tons

The task is to increase the current annual 20 thousand tons of fish production in Hungary to 30 thousand tons gradually. EU support can be also used as well –...

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Magazine: Who is down in the bottom?

In the USA 7 out of the 10 worst-paid jobs are in the food and catering sectors. What is more, according to the annual ranking of career website CareerCast, published...

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A beer tasting more like a beer

Heineken is confident it can restore growth to its struggling Heineken Light brand in the US by revamping the beer with new packaging and using Cascade Aroma hops favored by...

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Fazekas Sándor appointed a Ministerial Commissioner responsible for the renewal of the grape and wine industry

Fazekas Sándor Minister for Rural Development appointed Kiss Eliza to Ministerial Commissioner, who will be responsible for the renewal of the wine communities and for the development of the grape...

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Tradition making Catfish Festival in Fonyód

The Catfish Festival promoting fish consumption and the protection of living waters will be held for the first time in Fonyód with culinary experiences, free cultural and entertainment programs, cooking...

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Genetically modified – Video of the day

Who controls the future of your food? GMO OMG explores the systematic cor- porate takeover and potential loss of humanity’s most precious and ancient inheritance: seeds. Director Jeremy Seifert investigates...

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Analysts expect growing retail trade

Analysts, interviewed by MTI expect growing retail trade. The National Economy Ministry shares the same view. According to the Wednesday report of the Central Statistics Office (KSH), the calendar-adjusted volume...

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Hungary is 63rd in the competitiveness rankings

Hungary is 63rd in the World Economic Forum’s (WEF) Global Competitiveness rankings published every year. The 63rd place is three places lower than in the last year – the Kopint-Tárki...

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The special retail tax does not discriminate foreign companies, but can harm the EU’s VAT directive

According to the Competent Advocate General of the European Court of Justice, the special tax, imposed on retail companies in Hungary does not discriminate the foreign companies, however, it can...

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Euro zone’s GDP increased in the second quarter

Compared to the first quarter, Euro zone’s GDP increased in the second quarter, while it was decreased compared to a year earlier – the EU's statistical office, the Eurostat published...

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The Mobile Wallet is the most important ICT project of the year

The ICT industry awarded the most outstanding professionals, the projects and the products. The Mobile Wallet (MobilTárca) won the ITBusiness Leadership Award in the project development category – the Hungarian...

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Hungarian pepper cultivation faces growth

The Hungarian pepper cultivation has positive outlooks. The 170 thousand tons of production may rise further next year. The development supports and the use of thermal energy can help to...

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Gourmet Bus in Barcelona

The Gourmet Bus started rolling around the streets of Barcelona last summer: this innovative service combines a sightseeing trip with the enjoyment of a Catalan haute-cuisine lunch or dinner. Passengers...

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(HU) A Praktiker magyarországi áruházai továbbra is működnek

“The bankruptcy of Praktiker AG will not affect the operation of the Hungarian Praktiker stores. Within the Praktiker corporation, the foreign subsidiaries are belonging to the operational scope of the...

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Girls love Lego

Lego sales have grown in the first half of this year, mainly due to the market success of the building blocks especially designed for girls. The Danish toy manufacturer announced...

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Beijing’s subway lets you pay with PET-bottles

Beijing’s subway line 10 has introduced reverse vending machines which allow travellers to offset their transit costs by recycling. Recycling for a reward. The manufacturer of the machines, Incom says...

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The tree-fourth of Italians have lunch at home every day

Three quarters of Italians eat lunch at home, but family-friendly statistic hide fact that Italy’s economy is in deep trouble Of all the statistics available on Italy and its varied...

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The duration of holidays are becoming more and more shorter

Fewer people travel to a vacation for a whole week. The majority of the Hungarians booked only 3-4 nights in a domestic hotel this summer, in a value of an...

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Gastro-application for smartphone

The use of a smartphone application significantly improves patients' preparation for a colonoscopy, according to new research presented today at Digestive Disease Week® (DDW). The preparation process, which begins days...

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Everything for the friendship! – Video of the day

Creators of the Brazilian POlar beer have set up a frigerator which bans all mobile talks nearby if yout put your beer into it. A great idea to relax, really....

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KSH: GDP grew by 0.5 percent in the second quarter

The gross domestic product (GDP) increased by 0.5 percent in the second quarter of this year, compared to the same period of the previous year and increased by 0.1 percent,...

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Analysts say that the increase in investment and consumption is encouraging

The second-quarter increase in investment and consumption is an encouraging sign – analysts of MKB at ING said. However, the analysts called attention to the fact, that the momentum in...

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KSH: retail sales volumes rose by 1.2 percent in July

In July, the calendar-adjusted volume of retail sales rose by 1.2 percent, compared to the same period of the last year – the Central Statistical Office (KSH) announced on Wednesday...

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Magazine: The MVI-president about the problems of the chef-education

President László Kovács had represented MVI at the inter-trade conciliation talks and he also told his opinion to our magazine. According to him, the knowledge level of cooks who leave...

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This year 78 applications won a Hungarian Quality Product Award

This year, 78 applications of 65 companies won the Hungarian Quality Product Award, that was allocated for the 16th time. The recognition were handed over in the Parliament on Wednesday....

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School start with the Thanks Sió! School Bag Program in 2013

More than 1,000 Thanks Sió! Packages arrived to 110 Hungarian primary schools between 26 – 30 August. The Sió-Eckes Kft. announced its Thanks Sió! School Bag Program application this year,...

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Hungarian wines at the G20 Summit

The participants of the G20 summit in St. Petersburg can taste a selection of Hungarian wines. After almost half a year selection process, the Russian administration officials found four Hungarian...

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