Events

Hungary is one of the largest net beneficiary of the EU's new budgetary cycle

Hungary is one of the largest net beneficiary of the European Union’s new budgetary cycle that lasts until 2020 – Szűcs Tamás, head of the European Commission’s Representation in Hungary...

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The Nébih did not find deficiencies at lemon beers

The National Food Chain Safety Office (Nébih) tested fifteen lemon beers and found no deficiencies during the two months-long on-site control of the 4 largest domestic breweries. According to the...

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New trading houses will open in the Carpathian Basin

The Hungarian government will expand the network of trading houses in the Carpathian Basin – the Minister of Foreign Affairs and Foreign Economic Relations announced in Budapest on Tuesday, at...

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The majority of the cherry from Nagykörű to be exported to Romania this year

Exports to neighboring countries increased significantly from the internationally renowned Nagykörű cherry this year, meanwhile the interest towards the West European markets declined – Veres Nándor, mayor of Nagykörű told...

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The MNB expects price increases and larger growth

The Monetary Council of the Magyar Nemzeti Bank, increased its expectations for GDP expansion by relation by 0.1 percentage points to 3.3 percent. The Hungarian National Bank (MNB) also increased...

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Szekszárdi wines bottled with a uniform image

The bottling of the Szekszárdi wines with uniform appearance has begun. The first wines were the 2012 vintage kadarka wines of the Mészáros Winery that were filled into the wine...

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Deloitte: Hungarian companies spend more and more on research and development

The business-related spendings on research and development (R & D) increased significantly in the 2010-2013 period. As a result, after nine years of stagnation of around 1 percent the proportional...

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The IMF doesn not like the Romanian VAT reduction

The Romanian government's plan to reduce the current 24 percent general VAT rate to 19 percent can cause substantial government deficits – the International Monetary Fund (IMF) believes. Guillermo Tolosa,...

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Working hours vs. private time: blurred lines

Working from home and handling private matters during working hours: technology enables us to be connected anywhere, anytime. What does that mean to our workload? And are people still able...

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Cider is the most popular drink of the summer

Strongbow is a dry cider produced by H. P. Bulmer in England since 1962. The dry cider is the world's leading cider with a 15 per cent volume share of...

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Magazine: Office in your pocket

Smartphones are conquering the world. According to the Ericsson Mobility Report (published this February), last year 1.3 billion were sold worldwide. It took 5 years for the number of smartphone...

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GKI expects an around 2.7 percent GDP growth

The GKI Gazdaságkutató Zrt. Economic Research Company published its latest projection on Monday. According to the projection, the Hungarian economy will grow faster in 2015 than the EU average, which...

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Analysts: a slowing, but still a significant wage growth

The wage growth is slowing, but is still significant – analysts told MTI. This year, an about 3.5 percent real wage growth can occur, according to the Savings Bank, while...

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The payment of EU funds significantly accelerated in Hungary

87 percent (21.7 billion euros) of the EU support funds of the 2007-2013 cycle were distributed to the beneficiaries in Hungary by the end of 2014, which represents a 25...

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The trade union calls the winners of the tobacco tender for the equitable distribution of jobs

The Trade Union of Tobacco Industrial Workers (DDDSZ) calls on the tobacco consortium that won the tobacco tender to give a real opportunity to all employees who are working at...

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The purchase price of cherries is low

The purchase price of cherries is low in Szabolcs-Szatmár-Bereg and Hajdú-Bihar counties, so the farmers can leave the fruit on the trees as well – a local primary producer informed...

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Harvest has begun in Békés county.

Winter barley is produced on 12.5 thousand hectares in Békés county. The experts forecast 4.5 tons per hectare average yields. The winter barley harvest has started in every district of...

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The MakerBot has opened its first European Innovation Centre

MakerBot’s first European Innovation Centre was opened near Milan, at the University of Cattenao (LIUC) on 10 June, at the innovation centre nearly 2 thousand students can use 20 pieces...

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HEINEKEN conquers Asia and Mexico

HEINEKEN, the world’s third biggest brewing company performed better than they had hoped, because sales in the Asian market increased by 11 percent. Heineken’s volume sales were up 2.2 percent...

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BGA will continue its lobbies

Though the parliament passed the amendment of the ad tax act, BGA will continue its lobbies to delete the notion of self-ads detrimental to brand building....

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Wine competition at a higher level

Tamás Tornai, the president of the National Council of Wine Communities (HNT) told at a press conference that they wish to integrate many existing wine competitions into the Hungarian Wine...

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BGA is a sponsoring partner of the annual Unfair Commercial Practices Directive

For the third year now, BGA is a sponsoring partner of the annual Unfair Commercial Practices Directive conference this time focusing on cosmetics and social media....

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Ice cream sales: the concentration process came to a halt

With annual sales above HUF 22 billion, ice cream is in the top 20 of the 90 grocery categories audited by Nielsen. Retail value sales fell 2 percent and volume...

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Sixty-five large food companies will be left out of the development support

A total of 65 domestic large food companies in Hungary will not receive development support in the 2015-2020 budget cycle – agrárszektor.hu wrote, on the basis of KSH’s list. The...

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The ÉFOSZ calls for VAT cuts

The National Association of Food Industries welcomes the adoption of the Food Development Strategy – the ÉFOSZ published on its website. The organization considers the government-level recognition of the food...

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Nielsen: the majority of the retail promotions close with losses

Food, household chemical goods and cosmetics manufacturing companies close six out of ten retail discount actions with lossses and the balance is deteriorating further – the three-year analysis of the...

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Dispersed prices in the European Union

The difference between the price level of the cheapest and the most expensive country was nearly threefold in the EU last year. According to the survey of Eurostat, published on...

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KSH: average earnings rose by 3.6 percent in April

Average earnings increased by 3.6 percent in April, compared to the same period of the previous year. Without public workers, the increase was 2.6 percent – the Central Statistical Office...

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We hardly know our consumer rights

Despite the fact that the Hungarians are facing more problems during the purchasing of goods or services, and we also buy more often under the effect of misleading advertisings, we...

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HIPA: working capital inflow may increase further

In the next period, the working capital inflow may increase in Hungary further and the data of the first five months also indicate that there is an investor-friendly environment in...

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