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KSH: a record crop occured from corn last year
Last year, the yields of all-important autumn harvested plants were higher than in the previous year, and from corn a record crop occured. The yield increased by 42.3 percent over...
Read moreWho will check the Sunday store closure
The Hungarian Trade Licensing Office has published which authorities will check the compliance with the Sunday store closure regulation that will came into force on 15 March. The commercial activities...
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The Rondo Hullámkartongyártó Kft. increased its turnover in 2014
The Rondo Hullámkartongyártó Kft. (Rondo Corrugated Manufacturer Ltd.) last year reached a 12 billion HUF turnover, and increased its sales by 5 percent this year and plans to implemend a...
Read moreOffice space is eight times cheaper in Budapest than in London's West End
The rental cost of one square meter of an office costs 2,945 USD in London's West End a year, in Budapest you only have to pay 366 USD, the difference...
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The sales of luxury goods stopped in China
Geopolitical troubles and anticorruption measures in China are taking their toll on the world’s luxury industry, as sales in the sector will likely fall both in China and Russia this...
Read moreWe used our bank cards the most on Fridays in December
We loved our bellies during Christmas the most. At least we can draw the conclusions on the basis of the December 2014 traffic datas of Global Payments global market leader...
Read moreAdvertising Association: the advertising tax distorts the competition in the market
The advertising tax distorts the competition in the Hungarian media market, it inhibits the growth and innovation, and has a negative impact on the content, quality and quantity of the...
Read moreEKÁER: the MLSZKSZ requires a further two months grace period
The Association of the Hungarian Logistics Service Centers (MLSZKSZ) and the Hungarian Freighting and Logistics Service Providers Association (MSZSZ) summarized the practical experiences of the road freight electronic control system...
Read moreMNKSZ: the calculations of VOSZ are not proper
According to the Hungarian National Trade Association (MNKSZ), the Tuesday statement of the National Association of Entrepreneurs and Employers (VOSZ) is unfounded in connection with the Sunday store closure and...
Read moreThe rate of wage growth slowed in November
The average gross wage growth slowed in November, compared to the same period of the previous year, but in terms of regular gross earnings the trend remained positive, according to...
Read moreInflation may be lower, due to the persistently low oil prices
If the price of oil remain low in 2015 on the international markets, the annual inflation may be lower than the Ministry of National Economy’s (NGM) forecast of 1.8 percent...
Read moreThe AMC welcomes the Hungarian initiative on GMOs
The Agricultural Marketing Centre (AMC) General Directorate of the Hungarian National Tourist Office welcomes Fazekas Sándor Minister of Agriculture's announcement that Hungary initiated a cooperation for countries that are against...
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Hungarian Product partners meeting
HUNGARIAN PRODUCT Nonprofit Kft. organised an informal partners meeting on 7 November, where participants were also playing games connected to the theme of the traditional Hungarian pig slaughter. Managing director...
Read moreNielsen: the buying mood of the Hungarian consumers is still huge
The buying mood of the Hungarian consumers continues to be huge – on the basis of the trends of the recent twelve-months. The retail sales of food products increased by...
Read moreEconomists: economic growth should be made sustainable
2014 was a successful year in the Hungarian economy, but it was also due to external factors, and Hungary in terms of innovation, and poverty is lagging behind the European...
Read moreDemján: 200-250 billion HUF will fall out of the budget due to the Sunday store closure
According to the executive Chairman of the National Association of Entrepreneurs and Employers (VOSZ), it is expected that 200-250 billion HUF less revenue will flow into the budget due to...
Read more3.4 billion HUF was paid out for the school milk program last year
Last year, approximately one billion HUF more support was given to the School Fruit Scheme – the Agricultural and Rural Development Authority (MVH) told MTI on Monday. According to the...
Read more2,100 billion HUF EU fundings have to be to be drawn down
To close the 2007-2013 EU budget cycle Hungary has to drawn down 2,100 billion HUF EU fundings, without any losses – Rákossy Balázs, Minister of State of the Ministry of...
Read moreProcessed meat products without permission were seized in Zala county
A meat wholesaler company dealt with meat processing without a license in Zala county. At the premises of the company four tonnes of meat products were seized – the Directorate...
Read moreMore young farmers will receive starting support
About eight hundred more young farmers will receive start-up fundings from the contest announced this year for the fourth time. The 103-points limit has been reduced to 90 points, because...
Read moreThe weak forint stimulates shopping tourism
As the result of the weak forint shopping tourism to Hungary accelerated again in the settlements near the border. Shopping tourists come to Hungary mainly from Slovakia, while near the...
Read moreCashier Service: default penalty may be even one million HUF
The mandatory annual review of the cash registers will come soon – the experts warn. Under the legislation, the online cash registers should be reviewed each year. After the first...
Read moreHungary would turn the EU into a GMO-free zone
Hungary initiated to form an alliance wioth the participation of those countries that are rejecting the agricultural use of genetically modified organisms (GMOs), with the goal to turn the entire...
Read moreThe online daily deals market has roughly increased to 16.5 billion HUF
The aggregate turnover of the online daily deals market offering coupons and discounts Increased to 16.5 billion HUF in Hungary last year – the report of the eNet Internet Research...
Read moreApproximately 12.4 billion euros can be spent on the agricultural sector until 2020
Approximately 12.4 billion euros European Union support is available for the development of the agricultural sector until 2020, 1.9 billion euros more than in the previous period – Czerván György...
Read moreAn amendment to decrease the excise guarantee on alcohol products to twenty million HUF
Lázár János Minister of the Prime Minister’s Office and L. Simon László Minister of State would reduce the excise guarantee on alcohol products to twenty million HUF. The two MPs...
Read more3.4 billion HUF was paid out for the school milk program last year
The Agricultural and Rural Development Authority (MVH) paid 3.4 billion HUF support to the suppliers and institution maintainers last year in the school milk program, 1 billion HUF more than...
Read moreThe Russian recession also threatens our region
The Russian economy is likely to sink into a deeper recession this year, than it was previously expected, primarily due to the low oil prices that were halved in the...
Read moreThe customs autorities seized twenty tons of meat products of dubious origin in Rijeka
The Croatian custom autorities seized twenty tons of Chinese meat products that were frozen six years ago and were labeled as soya in the port of Rijeka – the Croatian...
Read moreVisitors from the government
Last week experts from the consumer protection department of the Ministry for National Development visited SPAR’s meat processing plant in Bicske. The guests were guided around the REGNUM meat plant...
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