Tag Archives: tax

Heineken Hungária calculates with about 2 billion HUF smaller revenue for this year, compared to last year – said Benedek László, the company’s sales director at a background conversation in Budapest. In the first eight months of the year, the company’s sales volume decreased by approx. 5 percent, revenues declined...

The Value Added Tax in Slovakia will be increased to 20 percent, from the current 19 percent – told Iveta Radicová Slovakian Prime Minister after the meeting of the coalition council. However, the VAT of medicines and books will remain 10 percent. The higher VAT will remain in force until...

After the new rules over Pálinka distillery, entered into force we can make 400 liters of distillate at home. The distillate can also be sold, although this needs small-scale licenses and tax stamps. The domestically allowed amount of distillate befits 200 litres of pure alcohol per year, which is equal...

Tchibo tripled its profit in the first half of this year, compared to a year earlier, due to the cost-saving program, carried out last year. In the sores of Tchibo costumers can buy in addition to coffees, accessories, kitchen utensils, fashion products, games, sports and leisure products. The group profit...

The budget needs more money – there is less money to spend in people’s pocket: this is not the best scenario when you want to sell alcoholic beverages. In the first quarter 25 percent less excise duty was paid. Did we quit alcohol? It is rather unlikely. Soaring excise duties...

- Daily coffee is the most characteristic product in catering and consumption habits only changed moderately. People go to bars and cafés less often, but on the other hand demand for coffee specialties increased – says Erika Gyarmati, Mocca Negra Zrt.’s key account manager. Mónika Varga, Sara Lee Hungary Zrt.’s...

Another great initiative in catering: Arany Kaviár restaurant in Budapest serves its own caviar brand to guests and to a few selected partners. The Siberian sturgeon roe is produced by Silverfish Kft. in Vésztő and chef Szása Nyíri prepares the caviar. Attila Molnár, one of the owners told us that...

The winemakers are optimistic, over this year’s wine harvest, which is expected to be smaller than the average, but in case of long fall, top wines may born from the late harvest varieties. Due to this year’s weather, about 10 percent less wine is expected. Nagy Gergely, Secretary of the...

The winemakers are optimistic, over this year’s wine harvest, which is expected to be smaller than the average, but in case of long fall, top wines may born from the late harvest varieties. Due to this year’s weather, about 10 percent less wine is expected. Nagy Gergely, Secretary of the...

The German beer drinker sports fans threw a big on State revenues: Thanks to the FIFA World Cup, tax revenues increased a lot. According to the monthly datas of the German Finance Ministry, published on Friday; In July 73 million euros (20 billion HUF) tax from beer, flowed into the...