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The edible salts passed the test of Nébih
The edible salts have passed the test of the National Food Chain Safety Office (Nébih). Only minor labeling errors were found in half of the products – according to the...
Read moreThe Association of Meat Industrialists support the VAT rate cut
The Presidency of the Association of Meat Industrialists believes that the VAT reduction to 5 percent is an important step into the right direction. According to their opinion, this decision...
Read moreHealth contribution on tobacco becomes permanent, the bank tax to be reduced
The health contributions of the tobacco companies will remain for the next year. Its value is a total of 11.5 billion HUF – Lázár János, Minister, the leaderof the Prime...
Read moreEU sanctions against Russia cause damages to Hungary
The embargo imposed against Russia and Russia's response cause much damages to Hungary – the Minister of State of Ministry of Foreign Trade and Foreign Affairs said at a CIS...
Read moreRetail sales expanded significantly in the Czech Republic
In March 2015, retail sales increased significantly in the Czech Republic, by 5.9 percent on an annual basis. The increase in February was 6.3 percent. The growth rate of the...
Read moreThe Day of Balaton will be the opening day of the beach season
From now, the Day of Balaton will be the opening day of the beach season, which will be held on the first Friday when the temperature of the lake reaches...
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Well-organised fleets
Tímea Pesti, the commercial director of LeasePlan Hungária Zrt. informed Trade magazin that the commercial vehicle market has finally started growing. In 2010 new vehicle sales a hit a nadir...
Read moreKSH: the increase in retail sales lasts longer
The retail sales in March rose by 6.5 percent, while in the first quarter increased by 7.0 percent, compared with the same period of the last year – the first...
Read moreThe income growth may offset by the negative impact of the Sunday store closure
Although the Sunday store closure can cause temporary fluctuations in retail, the substantial increase in income can fully offset the negative impact of the Sunday store closure – Suppan Gergely,...
Read more300 billion HUF development resources to renew the food industry
About 300 billion HUF development funds can be used for the renewal of the food industry, on the basis of the soon to be adopted Food Industry Development Strategy –...
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Professional organizations are calling for negotiations about the advertising tax
The professional organizations continue to call for negotiations about the advertising tax, and asks the government to consider the termination of the tax due to its adverse economic impact –...
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Hungary’s first North American trading house was opened in New York
The Hungarian government in the new EU development cycle lasts until 2020 puts a highert han ever emphasis to strengthen the corporate sector. MTI Photo: Pogár Demeter The North American...
Read moreEquilor: 3.1 percent GDP growth for this year and 2.7 percent GDP growth for the next year
The Equilor Befektetési Zrt. investment company amended this year's gross domestic product (GDP) growth forecast upwards, from 2.7 percent to 3.1 percent for this year. The company expects a 2.7...
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About half of the top 100 media companies will be obliged to pay tax after advertising revenues
According to the 2013 data of Whitereport (WR) Ad Upgrade, about half of the classic media companies will be obliged to pay tax after advertising revenues, if the proposed amendment...
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Nébih: coordinated nationwide inspection to filter out the fake primary producers
The agriculture specialists of the county government offices held a nationwide inspection, coordinated by the National Food Chain Safety Office (Nébih) – the Nébih told MTI on Wednesday. During the...
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Magazine: Many development programmes will be announced early summer
In the 2014-2020 EU budgetary period development policy must focus on employment and competitiveness. If all programmes are considered, Hungary is entitled to HUF 12,000 billion worth of European Union...
Read moreRomanian retail sales increased by three percent in the first quarter
According to the raw and calendar adjusted data, the volume of the Romanian retail sales increased by three percent in the first quarter of 2015, compared to the same period...
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NÉBIH connects to the electronic payment and accounting system
NÉBIH completed its project for joining the electronic payment and accounting system. Thanks to this payment is now also possible with bank card, online bank card and via the home...
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Magazin: One pair, two pairs, grill
ming more and more popular, the market keeps expanding and the product selection is growing. Tamás Kováts, sales director of ZIMBO Perbál Kft. told our magazine that consumers like trying...
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One thousands small grocery stores disappeared in a year
A total of 17,729 general food stores were operating in Hungary at the beginning of this year. In January 2014 their number was 18,679. This means a 5 percent decline....
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Amendment in the advertising tax
The tax on advertising to be amended. According to the amendment, the amount of tax will be 0 to 100 million HUF and 5.3 percent above 100 million HUF. According...
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The SPAR was given the disability-friendly recognition again
The SPAR Magyarország Kereskedelmi Kft. received the Disability Friendly Employer on March 26 this year for the third time after 2010 and 2012, so the company can use the Disability...
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One in five supermarket scales measure more
According to the inspectors of the National Consumer Protection Authority (NFH), one in five supermarket scales measure more. This ratio at smaller shops is: every fourth – the NFH told...
Read moreCereals became 3 percent cheaper in April
Hungarian cereals became 3 percent cheaper in April on average, compared with March 2015 at the Magro.hu online agricultural marketplace. The Magro Wheat Index (MGX) indicating the combined value of...
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Bankmonitor: The savings of the Hungarians are below the Western European average
On average, Hungarians have savings of 2.1 million HUF per capita. This amount is significantly below the Western European average of 23.9 million HUF and significantly lower than the Central...
Read moreThe majority of SMEs do not plan any staff increase
Only around one in six domestic SMEs plans new recruitment of workers, while the majority of businesses expect stagnation in the number of the staff. Thus, spectacular growth in employment...
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160-180 billion forint investment is necessary in the fruit-vegetable sector
In the next 6-8 years Hungary needs to invest HUF 160-180 billion in fruit and vegetable growing and processing if it wants to make products competitive in the market. FruitVeb...
Read moreThe GKI expects accelerating consumption and stagnation in investment
According to the forecast of the GKI Gazdaságkutató Zrt. (GKI Economic Research Co.), the growth was exceptionally fast temporarily in 2014: 3.6 percent. However the Hungarian economy was not able...
Read moreNGM: the demand supports the strengthening of foreign trade
Behind the upturn in foreign trade the strengthening of external and domestic demand can be both observed – the Ministry of National Economy (NGM) commented to the report of the...
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KSH: the trade surplus continued to rise in February
In February, exports in euros increased by 6.0, while imports rose by by 6.1 percent compared with the previous year. The trade balance surplus increased by 41 million euros to...
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