Company and Personal News
Hungarians in Europe are the least indebted compared to to their income
The total debt of the Hungarian population compared to income is the lowest in Europe, but it is often difficult to pay the bills, according to a European survey by...
Read moreKorean Air launched a cargo flight between Budapest and Seoul
Korean Air launched a a freight service between Budapest and Seoul, and the South Korean airline’s Boeing 777 operates twice a week on Friday and Sunday. The first flight carried...
Read moreConsumer confidence in Europe has improved
Consumer confidence in the euro area and the European Union improved markedly in February, according to a preliminary flash estimate released by the European Commission on Thursday. In the euro...
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Euro area inflation at its nine-month highs
Euro area inflation rose to a nine-month high in January, according to a report released on Friday by Eurostat, the EU’s statistical office. In the euro area, inflation rose to...
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Cognac & Co.
In the last 20 years the consumption of wine-based spirits – cognacs, armagnacs and brandies – dropped. Csaba Mosonyi, marketing director of Pernod Ricard Hungary told our magazine that they...
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Magazine: CSR: Responsibility, sustainability and transparency
CSR Hungary has organised its Responsible Business Summit for the Economy of the Future conference. The first speaker was Dr Anita Boros, secretary of state at the Ministry for Innovation...
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(HU) Magyarország jövőre betiltja az egyszer használatos műanyagokat
Sorry, this entry is only available in HU....
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New leader in Dreher sales
From 2020 Gyovai Györgyi is responsible for managing Dreher’s sales and is a member of the Board of Directors. The specialist arrives to the company from the executive chair of...
Read moreMinister of Agriculture: selling apiculture products will be exempt from personal income tax
The Minister of Agriculture called the support for beekeepers as an important pillar of climate protection measures at a press conference on Thursday, where he announced that the income from...
Read moreTesco raises its payroll in two steps
Tesco-Global Department Stores will increase its employee wages in two steps this year, and the company will spend 3.8 billion HUF on wage increases for retail workers under an agreement...
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No consumer protection authority did not find problems in case of hand dishwashing detergents
No errors were found in the consumer test of hand dishwashing detergents – the Ministry of Innovation and Technology (ITM) told MTI on Thursday. According to the information, the controls...
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Opten: again is more of a sole proprietor than a company
After one and a half decades, there are more self-employed again than corporate businesses in Hungary – Opten told MTI. According to the company information service provider, nearly 88,000 sole...
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New head of marketing communications at Cofidis
As of December 1, 2019, Marianna Nád-Kántor holds the position of Brand and Marketing Communications Manager at the Hungarian Branch of Cofidis. Previously she was responsible for marketing and communications...
Read moreInternet merchants are suspected with several billion HUF tax fraud
An organization involved in e-commerce is accused by the National Tax and Customs Administration (NAV) of damaging 4.7 billion of budget losses by circumventing EU VAT rules, the MTI spokesman...
Read moreThe cigarette smuggler fled
Police arrested a man in his car who found smuggled cigarettes worth eighteen million forints in Tiszabecs – the Szabolcs-Szatmár-Bereg County Police Headquarters announced on Thursday. Patrols of the Border...
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Who starts with a great breakfast can burn twice as many calories
Burning twice as many calories can prevent obesity and high blood sugar by eating more for breakfast instead of a big dinner – German researchers found in their study published...
Read moreGfK: consumer sentiment in Germany deteriorated slightly
The GfK Nuremberg Economics Research Institute’s consumer sentiment index for Germany declined slightly in March, while consumers’ economic expectations improved slightly, but their willingness to buy and income expectations declined...
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Magazine: There is still a lot of oil to extract in the cooking oil fields!
Traditionally Hungarians were cooking with fat, but by now the average household has reached the level where they are cooking with some kind of oil and putting olive oil on...
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KSH: the solid rise in agricultural prices covers big differences
In December last year, the annual increase in agricultural purchase prices moderated from 5.2 percent in November to 0.6 percent, despite the 49.5 percent rise in the purchase price of...
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FruitVeb: less fruit was produced than last year
The amount of fruit grown in Hungary fell from 1.158 million tonnes of 2018 to about 683 thousand tons last year, mainly due to the unfavorable weather and the outstanding...
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The mineral water market decreased slightly in 2019, Magyarvíz was able to grow
Despite the declining market in 2019, Magyarvíz Kft., one of the most important players in domestic mineral water production, was able to increase the number of bottles sold again. Its...
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Nearly one billion HUF capacity expansion investment at the HFI Kft.
The HFI Kft., which is mainly engaged in the processing and preservation of vegetables, expanded its capacity at its depots in Mélykút and Pusztaszer plant with almost one billion HUF...
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Gabonakutató Nonprofit Kft. a builds seed plant in Szeged
The Szeged-based Gabonakutató Nonprofit Kft. (Grain Research Nonprofit Ltd.) is building a seed plant with an investment of 300 million forints. Thanks to the development, the export of the company...
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Spar has withdrawn some of the Glitter Palz plush figures
Due to the risk of possible detachment of smaller parts, Spar has withdrawn some of the Glitter Palz branded sequin plush figurines that are distributed by the Kensho Kft. –...
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Part-time work may be more common for employers
In several labor issues, domestic companies will have to respond to changes in the law effective from January 1. Part-time employment has changed in the case of child-rearing, while businesses...
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New supply chain director at Praktiker
Csorba László was appointed Director of Supply Chain of Praktiker with 20 stores. The specialist has been in the logistics field for 23 years. Praktiker came to optimize and improve...
Read moreITM: countries opposed to EU road transport regulations may appeal to the European Court of Justice
Specialists from nine Member States have made further attempts to persuade the European Commission to take steps to mitigate the expected harmful effects of the first mobility package, or even...
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