News and articles

This way we could even drink some delcious cups of tea! – Video of the day

Grohe, Europe's largest manufacturer of sanitary fittings has released Grohe Red, a faucet that draws boiling filtered water at 99 ºC directly from the tap. By keeping three litres of...

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Lives lived on Instagram

At Christmas many people changed their old mobiles to smartphones and at the same time the popularity of online photo-sharing service Instagram grew. This application makes it possible to edit...

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Fidesz is about to reduce VAT for basic food items

Prime Minister Viktor Orbán held his traditional state-of-the-nation speech on 22 February in Budapest, providing a comprehensive assessment of the past year’s achievements and paving the way for future steps...

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KSH: volume of retail sales in December fell by 2.1 percent

In December last year the volume of retail decreased by 2.1, in the entire year by 1.9 percent, compared to the datas of the previous year – the Central Statistical...

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Analysts: less-than-expected decline in retail sales last year

According to analysts polled by MTI, retail sales decreased less-than-expected last year. The analysts expect a decline below 1 percent, which would be lower than last year’s data. The national...

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Ipsos: consumers pay for the extra costs packaged in the promise of sustainability and freshness

Ipsos asked consumers in 26 countries, about the situations when they would pay more for food products because of  the uniqueness of packaging. The two main reasons, are: 55 percent...

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Magazine: The table is laid

According to Bence Víg, managing director of Progast Kft. gastronomy is one of the most easily accessible parts of any nation’s culture. Now that many people visit foreign countries, consumers...

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Last year was the year of growth, this year will be the year of consolidation at Auchan

Last year the turnover of Auchan Magyarország Kft. increased by 10 percent thanks to the join of the 7 new stores, in spite of the market trends in national retail....

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The opposition parties urge the reduction of VAT on basic food products

The reduction of VAT on basic food products was urged at the opposition parties’ coordination meeting on Monday. The Socialists informed MTI about the coordination meeting of the MSZP, the...

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Local currencies: catalysts for local economies

The Soproni kékfrank is in circulation since May 2010, while the Balatoni korona was launched last year. Their financial coverage can also bears interest – said Varga István, the chairman...

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Recent food-adulteration scandal in Germany

After the horse meat scandal, another food safety scandal raises waves in Germany. According to Monday's press reports, millions of eggs, produced in large plants were sold as organic eggs....

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Foreign luxury firms restrain their expansion in China

Several large international luxury companies will restrain their expansion in China this year, especially due to the slowdown in sales and because of the central government’s offensive campaigns against luxury...

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No horse meat derivatives were found at the Hungarian IKEA

No horse meat derivatives were found in food products sold in the IKEA in Hungary – IKEA Magyarország told MTI on Monday. In Hungary, two tests were performed: both the...

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Europe's largest hotel chain increased its revenue

Europe's largest hotel chain, the French Accor closed last year with a 599 million after-tax loss, compared to the previous year’s 27 million euros profit. The deficit derives from the...

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GKI: Only consumers’ pessimism eased in February

The GKI-Erste economic sentiment index adjusted for seasonal effects failed to reach its last year’s peak in February. Following a four month long continuous improvement it was already close to...

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The Ministry of Rural Development proposes a VAT reduction

The Ministry of Rural Development submits its VAT cut proposal in mid-March – the Magyar Hírlap informs. The burden would be reduced in case of several products, but they does...

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Czerván: the sales of agriculture increased last year

Agricultural production value increased last year. On the basis of the preliminary datas it was amounted to 2,229 billion HUF, compared to the 2,168 billion HUF of the previous year...

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88 percent of the Hungarians consider the economic situation of the country as critical

The percentage of those has increased who believe that Hungary is in an economic crisis, and will not recover from it in the forthcoming twelve months. 85 percent of them...

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Consumer protection: less problems at webshops

According to the experiences of the National Consumer Protection Authority (NFH), the number of webshops without any consumer protection problems are increasing: the objection rate has improved from 85 to...

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KSH: the gross average wage in 2012 was 223 thousand HUF

The average gross earnings of full-time employees was 223 thousand HUF in 2012. On national level gross wages were 4.6 percent higher than in the previous year. The average net...

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The G'Roby expects an at least 10 percent increase in turnover this year

The G'Roby supermarket network expects an at least 10 percent increase in turnover this year, after the seven percent increase of 2012. The company increased its online turnover to 1.4...

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Count Kálnoky: not Romania, but Western Europe is guilty in the horse meat scandal

The Transylvanian Count Kálnoky Tibor believes that Romania is unjustly attacked de to the European horse meat scandal, the sinners are France and Western Europe – The Daily Telegraph writes....

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Coffees and spirits will debut this weekend in Budapest

World-famous coffees, drink specialties, tastings, demonstrations, and even a national championship await the professionals and fans at the two-day KávéBár Bazár (Coffee Bar Bazaar) event this weekend in the capital....

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A new Nike store opened in the Árkád shopping center

Nike celebrated the opening of the new store with its business partners and with great athletes in the Árkád shopping center. At the event such prominent athletes and celebrities participated...

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Aperitivo

Aperitivo is a small café/bar in Szombathely, it serves Italian food: Parma ham, Milan sausage, Italian cheese (and a few special ones from a famous Hungarian manufacturer), biscuits and sparkling...

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Aperitivo

Aperitivo is a small café/bar in Szombathely, it serves Italian food: Parma ham, Milan sausage, Italian cheese (and a few special ones from a famous Hungarian manufacturer), biscuits and sparkling...

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The Bath Association initiates permeability between the sub-accounts of the Széchenyi Rest Cards

The Hungarian Bath Association re-initiates to introduce permeability between the sub-accounts of the Széchenyi Rest Cards even at bath services. According to a survey, carried out among the Association’s members,...

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That's the way NAV handles penalties

Alongside news about the project interviews with experts and businesses can also be read. The website’s editor in chief Mónika Szabó told that those working in the sector can ask...

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Waiting for a technical solution

News website Onlinekassza.hu, launched on 14 January, gives read- ers updated and reliable information about the establishing of online connection between cash registers and the National Tax and Cus- toms...

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A stripper bar for vegans – Video of the day

Kumail stops in at a strip club that caters to people with meat-free lifestyles. Asks Kumail NAnjiani before heading in: “You know how sometimes you're like, oh I want to...

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