Company and Personal News
Opten: 500,000 private entrepreneurs are operating in Hungary already
Last year a huge number of individual businesses were established in Hungary, and their number is close to half a million, according to Opten. According to the company information service...
Read moreThe Ministry of Agriculture has decided to provide 7 billion HUF energy efficiency support
In the first round of the Rural Development Program’s energy efficiency tender, 128 applications will be supported by the Ministry of Agriculture with a total value of 7 billion HUF....
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A program package for young people to encourage rural life
The Young Hungarian Farmers ‘Association (AGRYA) launches a program package called “Rural Life, Young People in the Countryside” which is realized from 16 million HUF, including support from the Ministry...
Read moreThe volume of goods handled at the Liszt Ferenc Airport increased last year
The volume of goods handled at the Budapest Liszt Ferenc International Airport increased by 15 percent, compared to the previous year – the Budapest Airport informed MTI in a statement...
Read moreUS consumer sentiment worsened significantly in January
US consumer sentiment worsened much more than expected in January, according to the Michigan University’s regular monthly survey, whose preliminary results were published on Friday. The consumer sentiment index stood...
Read moreFAO Food Price Index down
The FAO Food Price Index* (FFPI) averaged 165.4 points in September 2018, down 2.3 points (1.4 Percent) from August and some 13 points (7.4 percent) below its level in the...
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LG wants to improve clothing care with its new, smart styler
You probably are well aware of LG’s washers and dryers, but now the company wants to help keep your clothes fresh after they are cleaned. At CES 2019, the company...
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Magazine: Packaging innovations in the food industry
The Food Industry Directorate has organised a conference with the title ‘Together for the food industry’, focusing on the regulations, trends and packaging materials used in the food industry. Marcell...
Read moreTakarékbank: GDP growth could be 4.8 percent last year
As a result of higher-than-expected GDP growth, Takarékbank published its forecast for last year. According to its analysts, the annual growth of gross domestic product was 4.8 percent in 2018...
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Nébih found marking errors in case of eight lemon juices
Thirteen lemon juices were tested by the National Food Chain Safety Authority. the juices met the food quality and safety standards, but in 8 cases, due to minor marking errors,...
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Voluntary restriction from Coca-Cola
The Coca-Cola Magyarország has introduced more restrictive voluntary trade restriction than the legal regulations. From January, only low-calorie or calorie-free drinks are sold to secondary schools – penzcentrum.hu wrote. For...
Read moreCoffee beans may extinct
More than 60 percent of wild coffee varieties are threatened with extinction due to deforestation, climate change and the growing problem of insect pests – portfolio.hu wrote on the basis...
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Financial officers found fake toys at the airport
More than 1.5 tons of fake toy figurines, fake Samsung emblems, and fake Mercedes rims have been seized at the Budapest Liszt Ferenc International Airport by financial officers – the...
Read moreYear-end mobile Internet traffic increased significantly at Hungarian service providers
There was a significant increase in mobile Internet traffic at Hungarian service providers. The data traffic was the highest on 25 December – according to the data of the service...
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The rate of rise in consumer prices in the euro area slowed down in December
The pace of consumer price rises in the euro area slowed down to an eight point nadir in December. According to the final figures published by the European Union Statistical...
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Smart shoes from Nike
Nike has introduced a smart shoe that not only collects data on use, but also adapts to the wearer’s leg. It is expected to be commercially available in mid-February. source:...
Read moreWPO announces winners of WorldStar Packaging Awards 2019
WPO (World Packaging Organisation – www.worldpackaging.org) has just announced and posted on its webpage the 189 winners of the most important global packaging competition, WorldStar Packaging Awards 2019. The judging...
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ITM: the government supports the domestic SME sector with a supplier development program
The government is assisting the development of the Hungarian small and medium-sized enterprise (SME) layer with the supplier development program launched in 2017 – György László, Minister of State of...
Read moreTesco has saved 43 million doses of food in recent years
Tesco has launched its food saving program in more than 160 out of the company’s 205 Hungarian stores. From September 2014 to November 2018, the supermarket chain offered more than...
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Disposable plastic bags to disappear from the dm
The last pieces of disposable plastic bags will also be expelled from the stores of dm from January 2019. The stores offer other alternatives to customers and encourage them to...
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Hruska Rita manages Dreher’s international brands from 2019
Hruska Rita is responsible for Dreher’s international brands from January. The specialist arrived from the senior brand manager position of the Zwack Unicum Nyrt. She gained her previous experience at...
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The itemized tax of small taxpayers is becoming increasingly popular
The itemized tax of small taxpayers (kata) is becoming more and more popular. On 1 January 1, more than 315,000 businesses have chosen this tax form that requires minimal administration...
Read moreThe revenue of IKEA Magyarország increased in the 2018 financial year
Compared to the previous year, the net sales of IKEA Magyarország increased by 23.3 percent to 75.5 billion HUF in the 2018 fiscal year that lasts from September 1 to...
Read moreThe pace of consumer price increases decelerated in December in Germany
The annual rate of rise in consumer prices decelerated further in December in Germany, according to the final data of the Federal Statistical Office (Destatis) published on Wednesday. In December,...
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The EP proposes a better EU authorization procedure for plant protection products
The European Parliament voted on the more transparent authorization procedure for pesticides in the EU at its plenary session on Wednesday in Strasbourg. According to the information of the press...
Read moreKSH: Prices rose by 2.8 percent last year and by 2.7 percent in December
Last year, consumer prices were on average 2.8 percent higher than a year before, when inflation was 2.4 percent year-on-year. In December, prices rose by an average of 2.7 percent,...
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This year, neta has a net income of 57 billion
This year, the public health product tax for the health sector will generate 57 billion HUF revenue – Joó Tamás Health Economist told M1 news channel on Monday. The public...
Read moreInflationary pressures on the economy are strengthening
Inflationary pressures on the economy are strengthening – macroeconomic analysts told MTI. This year the core inflation could reach 3 percent permanently, while the National Bank of Hungary (MNB) could...
Read moreThe number of company foundations may grow further, according to Opten
Based on company court data, last year, 27,647 companies were established, but more was lost. This year, the number of company foundations may increase – according to Opten’s announcement on...
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