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Hungarian PMO Chief Visits Csíki Beer Factory To Discuss Heineken Trademark Dispute

March 24. 2017.

Hungary Today

According to Hungarian wire service MTI, Minister of the Prime Minister’s Office (PMO) János Lázár visited the Igazi Csíki Sör (Real Csíki Beer) factory, located in Csíkszentsimon (romanian: Sânsimion), Romania. While at the Transylvanian brewery, Lázár the Hungarian government’s hope that Heineken and Csíki Sör, or as he referred to them, “David and Goliath”, can come to an agreement in their ongoing debate over copyright issues. More... - Also on the subject: Hungary threatens to ban Heineken's red star as 'communist'

Budapest Starts Tender Process For Speciality Retail Spaces

March 23. 2017.

DFNI

Budapest airport has invited retailers to submit expressions of interest (EOI) for an upcoming speciality retail tender process in the terminal’s SkyCourt area and terminal 2A. Spanning some 550sq m, several new five-year contracts are available in Hungarian souvenirs and fine food, fashion and accessories as well as watches and jewellery in a move to elevate Budapest’s current retail proposition. More...

Heineken Fights Off Hungarian Attack On Its Red Star Logo

March 22. 2017.

RT

Dutch brewer Heineken has rejected accusations from Hungary that its trademark red star is a symbol of communism, as brewers have used the logo since the Middle Ages. The Hungarian government wants to ban the commercial use of all “totalitarian symbols,” including anything associated with the country's communist and Nazi past. More...

Commission Silent Over Hungary’s Pharmacy Ownership Law

March 21. 2017.

EurActive / By Sarantis Michalopoulos

An EU infringement procedure launched against Hungary about a law that regulates pharmacies has been unjustifiably stalled for more than two years, raising concerns among foreign investors. In 2010, Hungary’s Fidesz-led government decided to amend a law that regulates the operation of pharmacies. The amended “Gyftv” law, in particular, required pharmacists, who are basically Hungarians, to become the majority shareholders of the pharmacies they work in. More...

OECD Recommends More Competition, Anti-Corruption Agency For Hungary

March 20. 2017.

Hungary Matters via politics.hu

The OECD acknowledged structural reforms Hungary’s government has undertaken over the past two years in a report on Friday, but said there is still room to reduce bureaucracy for businesses, improve competition in the service sector and reduce the tax wedge on wages. More...

Full OECD report - Hungary country notes

Szijjártó On Hungary-Russia-EU Relations

March 23. 2017.

Georgia Today

Last week, the Foreign Minister of Hungary, Péter Szijjártó, visited Georgia to bolster the bilateral relations between the two countries and prepare the stage for PM Orban’s visit in April. In an exclusive interview with GEORGIA TODAY, the FM started off by highlighting the importance of mutual economic cooperation and trade, stating that they want to raise the level of economic ties to the level of political relations. More...

Modern Cities Scheme: PM Pledges HUF 90 Billion-Plus Support For Salgótarján

March 22. 2017.

Hungary Today

Hungary’s right-wing Prime Minister Viktor Orbán held talks on Tuesday with Salgótarján Mayor Zsolt Fekete of the opposition Socialists on a comprehensive HUF 90 billion-plus plan to develop the northern Hungarian city into a regional economic, cultural and sports centre. More...

AmCham Hungary Calls For Customs Feedback

March 21. 2017.

bbj.hu

The American Chamber of Commerce in Hungary (AmCham), through its Investment Policy Task Force, has partnered with the Hungarian Association of Customs Affairs (MVSZ) to review the experience of exporting dual-use goods through Hungarian export control. More...

STATISTICAL UPDATE: Earnings

March 20. 2017.

Central Statistical Office

In January 2017, average gross earnings increased by 10% compared to the same period of the previous year mainly due to a significant rise in the minimum wage and the guaranteed minimum wage. Details...

Another Leading Automotive Supplier Comes To Kecskemét

March 17. 2017.

HIPA Press

ElringKlinger, one of the world's leading automotive suppliers, invests in a Hungarian location in Kecskemét. A building with an initial production space of 10,000 sqm is currently under construction. The first door module carriers made of organo sheets will be rolling off the serial production line at the newly built facility in late 2017. More...