The food chain surveillance fee can disadvantage the domestic products

The regulation that controls the food chain surveillance fee is expected to enter into force from late March, early April – the experts of PricewaterhouseCoopers (PwC) Ltd. published at a professional meeting. The Agricultural Office (MgSzH), predicts that the new rules will have negative consequences: the fee is not “a...

AmCham: innovation is a key determinant of a country’s competitiveness

Research&Development&Innovation (R&D&I) are the key factors that basically determinate a country’s competitiveness – emphasized Havas István, chairman of the American Chamber of Commerce (AmCham) operating in Hungary at Tuesday’s press conference in Budapest. He said that they formulated forty-seven proposals in four important areas and submitted these proposals to the...

More money in circulation with less debit cards

Hungarians are trying to use their debit cards more and more economically – shows the datas of the Hungarian National Bank. Less cards were used but more money was taken out and spent last year, in addition the expansion of card purchases is much faster than cash withdrawals. Last year,...

At the beginning of the year gross average salary was 219 000HUF in Hungary

In the first month of 2012 gross average salaries rose in the national economy by 4.3 percent, whereas net salaries excluding family tax benefits rose by 1.4 percent in comparison to the corresponding period of the previous year – the Central Statistical Office reported this morning in its new type...

KSH: average gross wage changed

The average gross earnings of the full-time employees were 219,100 HUF in January. The wage of those who are working in enterprises was 225,000 HUF, while employees at the budgetary organizations earned 206,800 HUF in January – the Central Statistical Office said on Tuesday. On a national economy level, the...

Russia bans imports of live animals

Cattle – sheep – goat and pork imports to Russia are prohibited from Tuesday – confirmed the Russian animal health authority on Monday. According to the communication, the action is necessary because the epidemiological situation has deteriorated in many countries of the European Union, and according to the authority, the...

China: three billion debit cards

Late last year, the Chinese people owned a total of 2 billion 950 million debit cards, an average of two cards per one Chinese resident – the Chinese central bank informed on Monday. According to the report of the People’s Bank of China (PBOC), the majority of the 1.3 billion...

A growth of Easter-candy sales to be seen again

The retail sales of Easter candies and gift packages reached nearly an impressive 3 billion HUF last year. This is 11 percent more than it was in the previous year. While in the past one year, the trend appeared to be a decreasing tendency, there is a significant growth this...

Magazine: Mouth care: consumers look twice at every penny

According to Dr Mária Magdolna Dima, a Teva (Elmex) consultation partner and head of the preventive dentistry department at the Heim Pál Children’s Hospital, only less than 1 percent of Hungary’s population has intact teeth and people’s teeth in general are in much worse condition than they were at the...

The world’s leading brands are keeping off Hungary

London, Paris and Moscow attract most of the top brands, these brands are only appearing at outstanding locations, which cannot be found in Hungary currently – told Jones Lang LaSalle international property consultant to MTI. Jones Lang LaSalle analyzed the presence of 150 leading international retailers on 55 European markets....