165 result(s) for market turnover
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Xpat Opinion: Hungarian Healthcare In The Grip Of A Corrupt Medical Aristocracy
- 19 Apr 2016 9:00 AM
- health & wellness
A revelatory opinion piece appeared in today’s Index, written by Gabriella Lantos, managing director of the Róbert Károly Private Clinic, which specializes in women’s medicine. Lantos lays out in a convincing way “what is wrong with Hungarian healthcare.”
Video Report: Avenue Of Hungaricums @ Central Market Hall Budapest
- 19 Feb 2016 8:02 AM
- shopping
We are pleased to inform you that the basement of Central Market Hall has been renewed. The primary goal of the program of improvement was the introduction of quality Hungarian products that can be found and bought there. In the Avenue of Hungaricums you can also see the world famous scientific invention of Gabor Domokos and Peter Varkonyi, the Gömböc (Gomboc).
Hungarian Gov’t Plans New Tax On Retail Chains
- 27 Jan 2016 8:00 AM
- shopping
The government could introduce a new tax on large retail chains in the spring, government commissioner for retail policy Kristóf Szatmáry told Magyar Idõk. The levy would hit high turnover retail chains in order to "correct biased market conditions," and help smaller businesses, which, he noted, are mostly owned by Hungarians.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Cosmetics, House Hold Chemical Sales Climb 7% In Hungary
- 17 Dec 2015 8:00 AM
- shopping
Retail sales of household chemicals and cosmetics in Hungary reached 290 billion forints (EUR 919m) in January-October, up 7% from the same period a year earlier, market researcher Nielsen said. Sales of shower gel were up 12%, tissue sales rose 11% and fabric softener sales increased 10%. Stores bigger than 2,500sqm generated 32% of total turnover during the period.
Turnover Increased Significantly In Budapest Downtown Restaurants
- 27 Aug 2015 9:00 AM
- food & drink
Turnover of Budapest downtown restaurants increased by 20-30% this year, the market growth of the catering facilities can be 10-15% in the country, delmagyar.hu said. Turnover of the restaurants increased by 20-30% in the downtown of Budapest this year, the market growth of the catering facilities can be 10-15% in the country – newspaper Napi Gazdasag wrote in Saturday’s issue, citing industry ...
Hungarian Private Health Care On The Rise
- 27 Aug 2015 9:00 AM
- health & wellness
More and more businessmen see solid demand for domestic private health care and are convinced of its market potential, business daily Világgazdaság said. Some are focusing on Hungarians living abroad while others trust that health-care reforms at home will lead to a build-up of capacity, the paper said. The bigger service providers calculate with constantly rising annual growth of 15%-20% in ...
Budapest-Belgrade Rail Line Revamp Set To Start This Year
- 17 Jul 2015 9:00 AM
- getting around
The revamp of the Budapest-Belgrade rail line could begin this year once the necessary agreements between the Hungarian and Chinese governments are signed, Foreign Minister Péter Szijjártó said. The Hungarian-Serbian-Chinese working group dealing with the modernisation of the railway line held its third session at the foreign ministry on Thursday.
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Xpat Opinion: Hungarian Healthcare In The Grip Of A Corrupt Medical Aristocracy
- 19 Apr 2016 9:00 AM
- health & wellness
A revelatory opinion piece appeared in today’s Index, written by Gabriella Lantos, managing director of the Róbert Károly Private Clinic, which specializes in women’s medicine. Lantos lays out in a convincing way “what is wrong with Hungarian healthcare.”
Video Report: Avenue Of Hungaricums @ Central Market Hall Budapest
- 19 Feb 2016 8:02 AM
- shopping
We are pleased to inform you that the basement of Central Market Hall has been renewed. The primary goal of the program of improvement was the introduction of quality Hungarian products that can be found and bought there. In the Avenue of Hungaricums you can also see the world famous scientific invention of Gabor Domokos and Peter Varkonyi, the Gömböc (Gomboc).
Hungarian Gov’t Plans New Tax On Retail Chains
- 27 Jan 2016 8:00 AM
- shopping
The government could introduce a new tax on large retail chains in the spring, government commissioner for retail policy Kristóf Szatmáry told Magyar Idõk. The levy would hit high turnover retail chains in order to "correct biased market conditions," and help smaller businesses, which, he noted, are mostly owned by Hungarians.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Cosmetics, House Hold Chemical Sales Climb 7% In Hungary
- 17 Dec 2015 8:00 AM
- shopping
Retail sales of household chemicals and cosmetics in Hungary reached 290 billion forints (EUR 919m) in January-October, up 7% from the same period a year earlier, market researcher Nielsen said. Sales of shower gel were up 12%, tissue sales rose 11% and fabric softener sales increased 10%. Stores bigger than 2,500sqm generated 32% of total turnover during the period.
Turnover Increased Significantly In Budapest Downtown Restaurants
- 27 Aug 2015 9:00 AM
- food & drink
Turnover of Budapest downtown restaurants increased by 20-30% this year, the market growth of the catering facilities can be 10-15% in the country, delmagyar.hu said. Turnover of the restaurants increased by 20-30% in the downtown of Budapest this year, the market growth of the catering facilities can be 10-15% in the country – newspaper Napi Gazdasag wrote in Saturday’s issue, citing industry ...
Hungarian Private Health Care On The Rise
- 27 Aug 2015 9:00 AM
- health & wellness
More and more businessmen see solid demand for domestic private health care and are convinced of its market potential, business daily Világgazdaság said. Some are focusing on Hungarians living abroad while others trust that health-care reforms at home will lead to a build-up of capacity, the paper said. The bigger service providers calculate with constantly rising annual growth of 15%-20% in ...
Budapest-Belgrade Rail Line Revamp Set To Start This Year
- 17 Jul 2015 9:00 AM
- getting around
The revamp of the Budapest-Belgrade rail line could begin this year once the necessary agreements between the Hungarian and Chinese governments are signed, Foreign Minister Péter Szijjártó said. The Hungarian-Serbian-Chinese working group dealing with the modernisation of the railway line held its third session at the foreign ministry on Thursday.


















