Tag "Magyarország"

Hungary does not support the taxation of home- made pálinka cooking

The Hungarian government still does not support the taxation of home-made pálinka cooking, and therefore seeks to achieve at the EU to allow the tax exemption of pálinka cooking for...

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A professional draft of the development strategy for digital services in Hungary has been completed

A professional draft for the development strategy for digital services in Hungary has been prepared, which aims to create a predictable, stable and supportive regulatory environment for domestic businesses, and...

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Magazine: Who is growing faster?

According to a study about FMCG retailers’ cooperatives published on the LZ Retailystic website of German trade magazine Lebensmittel Zeitung, expectation is that the market share of cooperatives will decrease...

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The e-commerce rate in Hungary is the same as the EU average

More than 6 percent of the trade is carried out on the web in Hungary – origo wrote on Thursday after Népszava. Based on the data provided by the European...

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The KSH launches an annual survey of household living conditions

The Central Statistical Office (KSH) measures household budget and living conditions in about 10,000 households between 1 March and 10 May. According to the communication of KSH sent to MTI...

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Hungarian wine show in Warsaw

A Hungarian Wine Show will be held in Warsaw on Tuesday. At the event organized by the National Council of Mountain Regions (HNT), the winners of the last National Wine...

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Chinese imports increase customs revenue significantly

Due to the arrival of Chinese goods to Hungary, the customs procedures performed by the National Tax and Customs Board (NAV) have increased significantly, and the amount of customs revenue...

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The net surplus of EU funds to Hungary exceeds 11 thousand billion forints

Since joining the EU, Hungary has received more than 11,000 billion forints as EU support by 2017, as it has paid into the community – the head of the European...

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The EU has brought an action against Hungary due to the restriction of retail margins

The European Commission has brought an action against Hungary at the Court of Justice of the European Union for limited margins on the retail sale of agricultural and food products...

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Hungary’s competitiveness has improved

Hungary is ranked 48th in the new competitiveness ranking of the World Economic Forum (WEF), which is a significant improvement compared to the 69th place of 2016 and the 60th...

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Pro Turismo

On 16 October the Pro Turismo prizes were presented at the Turizmus Summit. From the restaurant and culinary world the following people were honoured with the prestigious prize: creative chef...

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Expert: the gap between the lowest and the highest average earnings has reduced

The difference between the average earnings of the most and the least earning workers in Hungary decreased – the president of the Board of Trustees of the Budapest Foundation for...

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EU Commissioner for Agriculture: Hungary is a key partner in agricultural policy negotiations

Hungary is a key partner, a key factor in the bargaining process for the new EU budget period and the Common Agricultural Policy (CAP) rules -Phil Hogan, EU Commissioner for...

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EOS: Hungarians pay 77 percent of the invoices in time

77 percent of the accounts are paid in time by Hungarian customers, 19 percent arrives late and 4 percent is not paid at all, which corresponds to last year’s figures...

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The number of Hungarians working in Austria reached the highest level so far

The number of Hungarians working in Austria has reached the highest level so far. However, most of these workers are seasonal workforce, possibly commuters. In June, the number of Hungarians...

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Palkovics László: Hungary will use 95 percent carbon dioxide-free energy in the future

In the future, Hungary will use 95 percent of carbon dioxide-free energy – Palkovics László Minister of Innovation and Technology, told MTI after he spoke on Wednesday at the United...

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EU subsidies for Hungary are expected to decrease by a quarter from 2021

Although there is still debate over the final figures, according to the present plans, the European Commission (EC) proposes 17.9 billion euros (approximately 5.76 thousand billion forints) cohesion support for...

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Wages grew at the fastest pace in Hungary among the four Visegrád countries

In the group of the Visegrád four, Hungary, Slovakia, Czech Republic and Poland, Wages grew at the fastest pace in Hungary and the slowest in Poland – according to TASR,...

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World Bank: foreign trade is the easiest from Hungary

Out of the 190 countries, the trading across borders is the easiest in Hungary – according to the World Bank’s Doing Business rankings – mfor.hu wrote. The ranking of the...

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EU payments are close to 1000 billion HUF

So far, the European Commission paid all performance-based payments to Hungary in the 2014-2020 cycle – Világgazdaság Online wrote. With regard to the projects of the 2014-2020 EU development cycle,...

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Cash accumulation is slowing down

Cash accumulation of the households has slowed down somewhat last year, due to the decline in savings in foreign currencies – Világgazdaság Online wrote. However, the volume and proportion of...

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KSH: Tourism grew by 6.7 percent last year

Last year, the number of nights spent by foreign guests was 7.9 percent, while the number of nights spent by domestic guests was 5.6 percent more than the year before,...

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Agro-research cooperation between Ghana and Hungary

With the Hungarian agricultural research results agriculture in Ghana can be developed – the National Agrarian Research and Innovation Center (NAIK) told MTI on Wednesday, after an agricultural research and...

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Hungarian retail trade was the second best in Europe in the third quarter

In Q3 2017 Hungarian FMCG retail sales grew by 5.3 percent in comparison with Q3 2016. The European average was a 2.8-percent sales growth and only Turkish retail trade outperformed...

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Hungarian competitiveness has improved

Since 2003, the World Economic Forum publishes the competitiveness ranking of countries in the world. This year, the organization surveyed a total of 137 countries. Hungary has improved 9 place...

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Coface upgraded Hungary

Hungary has been upgraded by Coface. The credit insurer justified its decision because of the economic growth and the improvement of the business environment. According to Coface’s Thursday announcement, following...

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A golden age – with certain limitations

Our magazine asked some of the most important players in the Hungarian wine sector about the current market situation. Márton Elek, director of strategy of Borháló Borkereskedés told us that many...

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Magazine: Is Hungary a wine drinking nation?

Only 46 percent of Hungarians drink wine regularly. Our target group index (TGI) survey reveals that the dominance of men is smaller among wine drinkers than in the case of other...

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Hungary will organize the China-Europe Soybean Congress next year

The 2018 China-Europe Soy Symposium of the Duna Szója Szövetség (Danube Soya Association) and the Chinese Academy of Agricultural Sciences will take place in Budapest and Vienna, which is a...

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PayPal: 92 percent of Hungarians recommend Hungary for foreign tourists

Hungarians appreciate the country’s tourism attractiveness, and 92 percent of the respondents would recommend Hungary for foreign tourists, only 4 percent of them do not – the international survey of...

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