Other
Approaching the deadline from July 1, all B2B invoices will be seen by the tax office
An important stage in the whitening of the economy was the fact that from 1 July 2018, the legislator made invoices generated in business-to-business (B2B) transactions with a VAT term...
Read more
KSH: foreign trade deficit was 611 million euros in April
In April, euro-denominated exports fell by 37.9 percent and imports by 28.4 percent from a year earlier, the Central Statistical Office (KSH) reported on Tuesday, according to its first estimate....
Read more
#veddahazait movement helps those in need with domestic parcels
Hungarian Product Nonprofit Ltd. has a special program named “Purchase domestic products! Defend your country! ”, which seeks to overcome economic difficulties and preserve jobs, and has extended its activity...
Read moreFidelity: the New World Economic Order
Fidelity experts believe that the Covid-19 crisis will encourage decision-makers to take a step change, accelerate ongoing trends and reshape investment frameworks. The main features of the new order will...
Read more
Tuna supply is in trouble
The tuna fishery was also hit by the crisis, after the restaurants closed due to the coronavirus pandemic, so the demand decreased – according to Euronews. Protection also makes work...
Read more
Euro area and EU GDP declined at a record pace in the first quarter
Compared to the previous quarter, euro area and EU gross domestic product fell by the largest amount ever recorded in the first quarter. The European Union’s statistical office, Eurostat, said...
Read more
Employment has fallen in Europe
Employment declined in the euro area and the European Union in the first quarter, compared to the last quarter of last year. The European Union’s statistical office (Eurostat) said on...
Read more
István Nagy: whoever stops improvments, loses market
There is only one right decision in the situation after the coronavirus: show must go on, because whoever stops, lags behind and loses market, the agriculture minister said in Pacsa...
Read more
A new image and rethinking membership fees – Hungarian Public Relations Association redesigns
Last November, the new presidency of the Hungarian Public Relations Association (MPRSZ) was elected, and they started to achieve the set goals with steam, but the plans were overwritten by...
Read more
Let’s celebrate June 10, International Ice Tea Day together!
Summer includes delicious, fruity, cool iced tea. Not surprisingly, at the beginning of the hottest season, this popular non-carbonated soft drink also had its own holiday. We also consume more...
Read more
FMCG Toplist 2007-2019
Trade magazine has compiled the ranking of FMCG store chains over the past 12 years in an animated chart. The movement shows well the development, the acceleration in each channel,...
Read more
Brands returning
Coca-Cola will restart its marketing efforts soon after pressing pause during coronavirus lockdowns. They operated largely in the digital space over the past few months. The brand took the decision...
Read moreThe consumption of Hungarians can pull the economy
This year’s downturn will be only temporary, as the government forecasts, the strong economic growth will continue in the coming years. Consumption can be more and more the product of...
Read moreThe fate of Hungarian farmers depends on their customers
Dr. Nagy István, Minister of Agriculture and Farkas Sándor, Deputy Minister of the region, visited the areas of Árpád-Agrár Zrt. in Szentes. During the visit, the Minister of Agriculture described...
Read moreClimate change shifts farming north
Agriculture is undergoing a huge change due to the increasingly extreme weather – Magyar Nemzet Online wrote. Farming is slowly shifting from the hot south to the north. At least...
Read more
The Hungarian winemakers of the Carpathian Basin make the Wine of Togetherness
The Association of Hungarian Winemakers Abroad prepares the Wine of Togetherness from the blending of white wines from typical local grape varieties from all the wine regions of the Carpathian...
Read more
These sweets have been the favorites of generations
Dunakavics, Franciadrazsé, Macskanyelv, Melba kocka and Pilóta keksz – especially the older generations remember these retro Hungarian sweets, as they lived their heyday in the sixties, seventies, eighties – origo...
Read more
The number of customer calls at Cofidis increased by a third in May
Cofidis’ new customer service in Nyíregyháza and in Budapest received more than 30,000 customer calls, 30 percent more than in the months before the coronavirus pandemic, the financial service provider...
Read more
Modern cities – Gyopáros 1,800 HUF billion has been spent on developments so far
The Modern Cities program paid 1,800 billion forints for developments, which is almost half of the estimated budget of the program – the government commissioner responsible for the development of...
Read moreThe World Bank expects global GDP to decline 5.2 percent this year
The World Bank expects the global economy to shrink by 5.2 percent this year, the biggest decline since World War II. The World Bank’s half-yearly Global Economic Outlook report, released...
Read moreGlobal sales of smartphones declined in the first quarter of this year
In the first quarter of this year, 299 million 138,000 smartphones were sold worldwide, 20.2 percent less than a year earlier, according to the U.S. market research website Gartner Strategy....
Read more
Demand for flour from hundreds of years old mills has increased in England
Demand for traditionally produced flour has increased in the UK due to closures related to the coronavirus pandemic. There’s an old mill where there’s a week-long list of cities for...
Read moreChina’s exports fell slightly more than expected in May
Although to a lesser extent than expected, China’s exports declined in May due to the crippling effects of the new coronavirus epidemic on international trade. According to data released by...
Read more
Two wheels – double-digit ascent
During the pandemic, American consumers rediscovered the joy of cycling. As a result of the “stayathome” provisions, purchases have increased since March and more and more families have started cycling....
Read more
Krisztián Steigervald: the world’s biggest sarcasm is to refer to the emergency-situation as home office
The emergency-situation was a hard time for everyone: in addition to the women having to work, there was an expectation that they would also be kindergarten teachers, educators, and kitchen...
Read more
Germany temporarily reduces VAT rates
From 1st July to 31st December 2020, the VAT rate is to be reduced from 19 per cent to 16 per cent and for the reduced rate from 7 per...
Read more
Who will be in control of our food supply? Time to think it over
Who takes over our food supply? The multis did well while many sectors of the economy came to a standstill, but backyard self-sufficiency became important. The two are not mutually...
Read moreAnalysts expect retail sales to pick up
Data on retail sales in May may already pick up after the April low, according to analysts interviewed by MTI. According to a report published by the Central Statistical Office...
Read more
The National Association of Packaging and Material Handling is celebrating its 30th anniversary
The National Association of Packaging and Material Handling (CSAOSZ) celebrates its 30th anniversary in June. Over the past three decades, a modern packaging industry has emerged in Hungary by international...
Read moreRetail sales fell 10.9 percent in April in the Czech Republic,
In April, calendar-adjusted retail sales in the Czech Republic fell 10.9 percent from a year earlier, the Czech Statistical Office announced in Prague on Friday. The decline, which can be...
Read more