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Restaurant representation: tax exemption is coming, pálinka is also included in the circle
Based on the government decree published on January 30, 2026, 2026. From February 1st, new rules apply to hospitality related to restaurants: in certain cases, the allowance paid after restaurant...
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Diabetes: the key to prevention is “smart” carbohydrates and fiber – MDOSZ has published a fresh summary
Diabetes is spreading rapidly worldwide: the International Diabetes Federation (IDF) estimates that in 2021, 536.6 million people aged 20–79 were living with diabetes, and the number could increase to 783.2...
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Corn 2026: soil moisture and hybrid choice may decide the season
Winter precipitation – especially the 30-centimeter snowpack in January – has improved the outlook for spring crops, but experts say it alone will not bring corn production back to a...
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From February 1st, you can withdraw 300 thousand forints for free
The government has doubled the limit for free cash withdrawals from 150,000 forints to 300,000 forints as of February 1, the Ministry of National Economy (NGM) informed MTI in a...
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NGM: We are helping the hospitality sector with a 100 billion forint action plan
The government is giving priority to the situation of the hospitality sector, which is one of the most important driving forces of tourism, and is continuously working to make the...
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SPAR Austria sells Hervis’ Austrian-based business, new owner takes over regional stores
SPAR Group is divesting its Austrian-based sports store chain, Hervis: the buyer is a group of investors, the majority owner of which is Sven Voth, who is also acquiring a...
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Balázs Hankó: MATE is already among the world’s top 100 agricultural universities
Among the 30,000 universities in the world, the Hungarian University of Agricultural and Life Sciences (MATE) is in the top 100, among the top 400 European universities, and among the...
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AgroSprint Zrt. launches nine billion development in Nyírlugos and Karcag
AgroSprint Zrt. is implementing an investment worth 9 billion forints in Nyírlugos and Karcag: according to the plans, a product development center will be established in Nyírlugos and a new...
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József Váradi: Wizz Air is committed to the Hungarian market in the long term
Wizz Air remains committed to the Hungarian market in the long term, and they will strive for stability, reliability and predictability in the future – emphasized József Váradi, the airline’s...
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Mercedes-Benz celebrates 140 years of existence and enters the next era of innovation with the new S-Class
140 years after the invention of the automobile, Mercedes-Benz is simultaneously celebrating its pioneering past and launching the largest model renewal in its history: one of the most prominent milestones...
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Bird flu has also appeared in Jász-Nagykun-Szolnok County
The laboratory of the National Food Chain Safety Authority (Nébih) confirmed the presence of the highly pathogenic avian influenza virus in a liver goose farm in Jász-Nagykun-Szolnok County. The affected...
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How Campari is staking a claim in the low-alcohol market
Allison Varone, head of marketing for Campari America, explains how the maker of Aperol and Crodino is attempting to resonate with younger drinkers. With the U.S. drinking rate continuing to...
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Last year, 2.4 million people traveled on BAHART ferries and ships
Almost 2.4 million people traveled on the ships and ferries of Balatoni Hajózási Zrt. (BAHART) last year, which is one of the best performances in the past 30 years and...
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Rice cultivation rules are changing
A new government decree regulates the official procedure for rice plantation classification. The primary aim of the regulations is to prevent abuses and to ensure that the land belonging to...
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Tesco confirms 380 jobs to be cut
Tesco has confirmed plans to “remove” around 380 roles, following proposals to restructure its bakery operations and make changes to around 100 Express stores. Additionally, the retailer is investing in...
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Richter’s hormone replacement therapy product receives positive opinion from the European Medicines Agency
The Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has issued a positive opinion recommending the approval of FYLREVY (a drug containing the active...
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In Germany, the price of cigarettes could increase by up to 2 euros, and VAT on medicines would be reduced
The German government has proposed raising cigarette taxes by up to €2 per pack, with the additional revenue being used to reduce VAT on medicines from 19% to 7%. The...
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Aldi and Lidl cut prices of chocolate products
German discount retailers Aldi and Lidl are lowering prices of chocolate and chocolate-based products, easing pressure on consumers after years of rising costs. Aldi announced on Thursday, January 29 that...
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The Ministry of Agriculture supports the grape and wine sector with subsidies and measures
Hungarian wine is a unique national treasure that represents economic, cultural and community value. The grape and wine sector behind it is of strategic importance, therefore the government supports its...
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KSH: The volume of exports of food, beverages and tobacco increased by 6.8 percent, while imports increased by 9.8 percent
In December, the trade balance surplus was 333 million euros, a decrease of 28 million euros compared to a year earlier. The volume of exports was 3.8 percent higher and...
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Almost 6 thousand products now bear the 20-year-old Hungarian Product trademark
The trademark system has developed cooperation with more than 250 domestic enterprises over 20 years, and today almost 6 thousand products and services bear the Magyar Termék trademark – Magyar...
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Food industry sales prices increased by 2.4 percent
In December 2025, industrial producer prices were on average 3.4 percent lower than a year earlier. Domestic sales prices decreased by 1.9 percent and export sales by 4.1 percent compared...
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The GKI business climate index started 2026 with a minimal decline
According to a survey by GKI Economic Research Ltd. – conducted with the support of the EU – consumers’ prospects in January did not change compared to December, but those...
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BioTech USA investment program creates 100 new jobs
One hundred new jobs have been created thanks to BioTech USA’s latest investment program of approximately 9.5 billion forints, which clearly demonstrates how much domestic companies have been able to...
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Gábor Berkó is the new Managing Director of Mondelēz International in Hungary
Mondelēz International announced that it has appointed Gábor Berkó as Managing Director of Hungary, effective January 2026. Gábor Berkó has more than two decades of international experience in the consumer...
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SZÉP card reached its peak in December
The SZÉP card reached its peak in December, with usage increasing by 42 percent – the Ministry of National Economy (NGM) announced on Thursday. According to the ministry, the SZÉP...
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Fewer contracts, higher value: the share of SMEs has increased
The Public Procurement Authority has published its 2025rapid report, which provides a comprehensive picture of the operation of the domestic public procurement market, its main trends, and the development of...
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The confectionery industry association initiated a consultation to extend the 5+1 government package of measures to pastry shops
The Hungarian Confectionery Industry Association initiated negotiations with the government and contacted Minister of National Economy Márton Nagy to achieve the extension of the recently announced 5+1 government package of...
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Tourism had an outstanding year
Last year was a strong year for tourism: tourist accommodation registered 7.3% more guests, a total of nearly 19.5 million, and their total revenue was also 12% higher than in...
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