From November 1, new EU regulations regarding the customs clearance of packages arriving from outside the EU will come into effect: product identification rules are being tightened, and a €2 EU...

Interest-free EU loan funding totaling 270 billion forints awaits Hungarian small and medium-sized enterprises (SMEs) under the Ábrahám Ganz Program, Minister of Economy and Energy István Kapitány...

The European Commission has launched a public consultation on a new draft regulation regarding the revision of the public procurement directives. The initiative aims to make public procurement a...

New consumer protection rules regarding product durability, repairability, and long-term usability came into effect on September 27. Under the amendments, businesses are required to provide more...

The EU Customs Reform has entered into force, marking the start of a better, smarter and simpler customs system across the EU. Following formal adoption by the Council of the European Union and...

The Commission will conduct a fully-fledged evaluation of the passed implementation of the autonomous tariff suspension and quota scheme, assessing to which extent the objectives set in...

The European Commission launched a targeted consultation seeking stakeholders’ feedback on the product scope as required under the EU Steel Regulation, which will assess which products should be...

Many manufacturers take it for granted that they have a say in the pricing of their products, since they know their competitors and want to position their brand in the market. However, this can be...

Only 14 percent of Hungarian family businesses have an official succession plan, while the question of changing ownership only arises informally for a third of those surveyed, and the same number do...