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German retail sales fell in January
German retail sales fell unexpectedly in January, data showed on Friday. The volatile indicator, which is often subject to revision, showed retail sales fell by 0.8 percent on the month...
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Special Golden Chocolate Egg
Golden Chocolate Egg is a special product because inside each chocolate egg there is certified jewellery. Gold jewellery is 9-, 14- and 18-carat and silver jewellery is 925 sterling quality....
Read moreOnline shopping is comfortable and offers good prices
The most important reasons why consumers decide to buy online are comfortable shopping and good prices – reveals a survey conducted every year since 2001 by eNET. In 2015 Hungarians...
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Half a billion forints paid to hackers because of ransomware attacks
According to antivirus software manufacturer G Data, Hungarian companies pay. HUF 180,000 on average to hackers, so that they get back the access to the data on their computers. Having...
Read moreWeekday shopping more important than before
Six months after the ban on Sunday trading was abolished, much fewer card payments are realised on the seventh day of the week than before. The latest data from Mastercard...
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Magazine: The world’s food industry until 2021
According to a study conducted by IGD Retail Analysis on the trends that will shape food retail trade in 2016-2021, purchasing power will grow, but retailers can only benefit from...
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FM: Hungarian farmers lost twice
The crisis on the pork and dairy market highlighted the fact that the Hungarian agriculture does not have enough storage and processing capacity, which is why the Hungarian farmers lost...
Read moreFAO: World food prices rose in February
FAO’s food price index increased in February for the seventh consecutive month, this time led by increasing wheat and maize prices. The FAO Food Price Index averaged 175.5 points in...
Read moreThe conditions of several rural development tenders to be tightened
The application conditions of several rural development tenders to be tightened – the Minister of State of the Prime Minister’s Office, responsible for Agriculture and Rural Development announced at the...
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Tender to be launched for the marketing of fisheries products
A non-refundable tender resource will be opened for the marketing of fishery products with a budget of 400 million HUF – the Prime Minister’s Office told MTI on Wednesday. According...
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The Ficsak and the Emmi call for to make school canteens healthier
The Club of Young Families (Ficsak) and the Ministry of Human Resources (Emmi) call for to make school canteens healthier canteens. Király Nóra, founder of the Ficsak at a press...
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Carp installment has begun at the Lake Balaton
Balaton Fishery Management Company (BHN) started the spring carp installation into the Lake Balaton. Nagy Gábor, the company’s fishing industry leader told MTI on Thursday that 25-30 tons of carps...
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Young Entrepreneurs Association: only 27 percent of Hungarian entrepreneurs can be considered young
Twenty-seven percent of the Hungarian entrepreneurs belong to the age group under 40 years, only they can be considered as young entrepreneurs, however, there are 19 thousand companies can be...
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Inflation accelerated in the euro area
Euro-area inflation accelerated to the fastest pace since January 2013, providing fresh arguments to those calling for an exit from the European Central Bank’s monetary stimulus program. Consumer prices rose...
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European Union stands united in many fields
What are the most important issues on the agenda of the European Parliament (EP) in 2017? In the spring the EP’s committee will vote on the report on tax avoidance....
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Half a billion forints paid to hackers because of ransomware attacks
According to antivirus software manufacturer G Data, Hungarian companies pay HUF 180,000 on average to hackers, so that they get back the access to the data on their computers. Having...
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Consumer expectations about tax and employer contribution cuts
According to a representative survey conducted by TNS Hoffmann in December 2016, 59 percent of Hungary’s population heard about the tax and social contribution cuts the government had announced. 68...
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The world has turned around in twenty years
PricewaterhouseCoopers (PwC) conducted its annual Global CEO Survey for the 20th time. It revealed that in the last two decades not only the markets changed but also the opinion of...
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Last year, the value of advertising spending exceeded 160 billion HUF
The value of Hungarian advertising spendings (without the TV ads) exceeded 160 billion HUF last year, which is a 12.11 percent growth compared with 2015 – Hivatal Péter, a member...
Read moreIt is too early to bury this year’s wine harvest
It is too early to bury this year’s wine harvest, because the grapes are in “hibernation”. Grapes can tolerate temperatures around minus 20 degrees – the Borháló Borkereskedés (Wine Net...
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3.2 million poultry had to be destroyed due to the bird flu
The avian influenza in Hungary infected 233 livestock farms so far. 3.2 million poultry had to be destroyed – Bognár Lajos Chief veterinarian told at a professional forum – according...
Read moreThe VAT on Internet use to be reduced to five percent from next year
According to the work plan of the Digital Prosperity program, the VAT on Internet use to be reduced to five percent from 1 January 2018 – Deutsch Tamás Prime Ministerial...
Read moreThe Purchasing Managers’ Index is on annual top
The purchasing managers’ index in February increased by 2.5 percentage points to 59.5 points from the 57.0 points of January. This is the highest value of the last year, and...
Read moreUS consumer confidence is on top
Consumers’ assessment of current conditions in the U.S. increased in February, according to a monthly survey released on Tuesday. The Consumer Confidence Index hit 114.8 in February, according to data...
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The NÉBIH suspended the operation of a meat plant
Due to serious food-safety deficiencies the National Food Chain Safety Office (NÉBIH) suspended the operation of a meat shop in Pereszteg and the related plant and ordered the destruction of...
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Virtual shopper card for everyone
A new smartphone app called Fullcard can manage various loyalty cards and the offers in promotional leaflets, plus its geographical location function helps shoppers to find those offers which are...
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Under a supported roof
With a sum up to HUF 5 million in a 5-year period, companies can support the real property buying (or the paying back of real property loans) of employees tax-free....
Read moreMisusing prestigious FMCG-brands?
BGA Hungary successfully combats illicit Asia Center ad campaign misusing prestigious FMCG-brands....
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More ads, more GDP
Fresh survey shows one euro ad spend generates seven euro GDP growth – BGA takes this opportunity to urge local policy-makers not to over-regulate the market....
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Magazine: It is easier if you aren’t alone
The European Union is Canada’s second biggest trading partner – their No.1 trading partner is the USA. After many years of negotiations, Canada and the EU signed the so-called Comprehensive...
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