Events

Varga Mihály: economic growth of around 4 percent is expected in the next one and a half years

An economic growth of around 4 percent is expected in the next one to one and a half years – Finance Minister Varga Mihály said at the Business Forum of...

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KSH: consumer prices increased by 2.8 percent in May

In May, consumer prices were on average 2.8 percent higher than in the previous year and 0.6 percent higher than in the previous month, according to the data of the...

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A panorama on shopping tourism

Shop price, currency exchange rate, petrol price: shopping tourism depends on these factors – blokkk.com wrote. In the first quarter of 2018, Hungarians traveling for shopping abroad spent 25 billion...

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The online invoice system will start on 1 July

The online invoice system will receive data on business accounts from 1 July. The companies must sign up for the system on the website of the National Tax and Customs...

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Champagne June Great Tasting with two hundred champagnes of eighty cellars

Champagne June Great Tasting awaits its guests with a wider range than ever, about two hundred champagnes of more than thirty Hungarian and more than fifty foreign wineries on June...

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Burgenland wines were awarded at the Gamay tasting competition in Szekszárd

Gamays of three Burgenland Austrian wineries received grand prizes at the Gamay Szekszárd wine competition held for the tenth time on Thursday in Szekszárd, where 150 producers from twelve countries...

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KSH: GDP grew by 4.4 percent in the first quarter

In the first quarter, gross domestic product (GDP) grew by 4.4 percent. Seasonally and calendar effect adjusted, the growth was 4.7 percent, compared to the same period of the previous...

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Magazine: Fuel cards ensure efficient cost control

Practically all filling station chain owners offer some kind of fuel card service to corporate partners. The advantage of these is that they make safe, fast and cost-efficient fuel buying possible....

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(HU) Nincs offline online nélkül – A Trade Marketing Klub júniusi klubülése

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

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The Chamber’s food processing department assists the industry with specific professional proposals

The practical experiences of the Hungarian Food Book are analyzed, they seek solutions to problems with the use of containers and crates, and put forward proposals to reduce unfair commercial...

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Grain Alliance: global wheat production may be lower this year

Global wheat production may be lower this year than last year, but due to huge stockpiles, significant price increases are not expected. It is encouraging for the Hungarian producers that...

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The place of origin of the main ingredient should also be indicated on the goods marketed on the EU market

The manufacturers of goods sold on the European Union market can no longer mislead the customers – agrarszektor.hu wrote, after Magyar Idők. According to the Implementing Regulation of the European...

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Four billion HUF billing factory on the food market

A criminal organization issued four billion HUF worth fictitious bills. Financial investigators are proposing an indictment because of the use of financial fraud, the use of a fake private document,...

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The Debrecziner Gourmet Festival focuses on the Léta horse-radish this year

The horse-radish of Létavértes will be in the focus of the 3rd Debrecziner Gourmet Festival, which will take place from 15 to 17 June in the Great Forest on the...

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Nearly 400 malls have been closed in Russia due to fire safety deficiencies

In Russia, the operation of 391 malls was suspended – due to the violation of fire regulations – since the tragic mall fire in Kemerovo at the end of March...

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Vodka Museum opens in Warsaw

The Polish Vodka Museum opens next week in Warsaw, in a refurbished building of a 19th century factory, showing the more than six hundred years of Polish vodka history and...

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Magazine: Big growth in the non-food sales of National Tobacco Shops

Non-food categories realised 13 percent of total sales by National Tobacco Shops in 2017. The profit margin of these categories is 25-30 percent, while the profit margin of tobacco products is...

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Nielsen: domestic retail trade preserved its momentum

The value of retail trade in Hungary increased by 8.3 percent in the first quarter of 2018, compared to the same period of the previous year – accoring to Nielsen....

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Analysts: household consumption will persistently remain the driving force of economic growth

Household consumption remains the driving force behind economic growth, coupled with the added value of services on the production side. Market analysts commenting on the CSO report on Tuesday’s GDP...

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Ministry of Agriculture: the reduction of CAP funds is unacceptable

According to Hungary, the EU budget proposed for the financing of the Common Agricultural Policy (CAP) is not enough, especially since the legislative proposals on 1 June would place significantly...

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The HNT assesses the wine stocks

The National Council of Mountain Villages (HNT) has published a standard contract template which records the rights and obligations of both producers and purchasers and provides a framework for various...

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Most companies consider the digital switchover to have strategic importance

Although in Hungary, 72 percent of the companies consider digital transformations very important and only 2 percent called it less important, companies are lagging behind in digital transformation – Uzsák...

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The investment attractiveness of large companies is awakening

54 percent of the domestic large companies, are planning some kind of developments over the next year. In West Hungary the situation is even more promising, as six out of...

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The players in the herbal sector have joined their forces

The Herbal Division of the National Chamber of Agriculture (NAK) was reorganized, which also joined its forces with the Herbal Association and Marketing Board (GYSZT). The aim is to reverse...

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Imports rose more than exports

In the first quarter, the value of exports in euros was 3.4, the value of imports in euros was 3.9 percent higher than in the same period of last year,...

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Magazine: Retail trade is going upwards, but there are small obstacles

György Vámos, general secretary of the National Trade Association (OKSZ) told our magazine that retail sales expanded by 5 percent in 2017 – there has been a sales growth every...

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Services, consumption and investment have led the economy

The volume of gross domestic product (GDP) was 4.4 percent higher than the one-year-earlier figure in the first quarter. The 4.9 percent growth of services, the 5.0 percent growth of...

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Nébih was ranked first in the ranking of European authorities

The National Food Chain Safety Office (Nébih) was ranked first in the ranking of European authorities; according to a recent survey by the European Food Safety Authority (EFSA), the Hungarians...

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eNET: Hungarian e-retail market has grown tenfold in ten years

The net turnover of the Hungarian online retailers was 545 billion forints last year. It was the first time that it has reached 500 billion HUF psychological limit. Ten years...

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Here are the agricultural challenges of the next ten years

The major agricultural challenges of the 10 years are; whether domestic farmers are prepared for the surplus production due to rising meat consumption and how open are they to alternative...

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