News and articles
German business sentiment reached a record level
In November, the Business Sentiment Index of the Institute of Economics at the University of Munich, achieved a record. In November, the ifo German business sentiment index rose to 117.5...
Read moreThe consumer mood decreased in the United States
US consumer confidence deteriorated in January after US households found the current economic situation worse – according to the regular monthly survey of the Michigan University whose preliminary results were...
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Domesticated turkeys come from ancient Mexico
According to an international research team, domesticated turkeys originated in ancient Mexico, and the Aztecs and Mayans could have kept the animals not only for eating purposes, but also for...
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Nielsen: the sales of face mask and vegetable yogurt increased the most
The changing consumer preferences are indicated by the above the average increase of the smaller retail categories – according to Nielsen’s retail index monitoring 80 chemicals and 90 foodstuff categories....
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eNET: about 234 billion forints were spent on Christmas presents last year by Internet users
Adult Internet users, according to their own announcement, spent about 234 billion forints on Christmas gifts last year. Forty-two percent of this amount, about 98 billion forints were spent online,...
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Foreign trade: imports have increased
In October, exports in euro increased by 11.8 percent, imports increased by 17.0 percent, compared to the same period of last year, and after the 5.6 and 6.7 percent of...
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Franchise system for the production of “smart” foods
The Hajdúsági Sütödék-Group has developed a special production-market franchise system for the nationwide distribution of its “smart” products, the Vitajó health-promoting breads, the company announced at a press conference in...
Read moreThe Wines of Debrecen were showcased
More wineries than ever entered into the Wine of Debrecen City this year. For the first time, not only white and red wines, but also champagnes could be entered into...
Read moreThe European Commission has proposed a single VAT area
The European Commission has proposed new rules for the creation of a single EU VAT area, in order to decisively reduce the VAT frauds amounting to 50 billion euros a...
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Eighteen exhibitors at the sixth Pécs Chocolate Carnival
The sixth Pécs Chocolate Carnival will be held on the 3rd and 4th of February with eighteen exhibitors, professional and childrens programs in the Zsolnay Cultural Quarter of Pécs –...
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The EU would make the recyclable plastic packaging mandatory
All plastic packagings should be recyclable by 2030 in the European Union, and the use of disposable plastic materials should be reduced according to the strategy currently presented by the...
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Mulled wine and jelly festival in Vácrátót
The Mulled wine and jelly festival awaits its guests to Vácrátót, Pest county with mulled wine and jelly specialties on Saturday afternoon. Spiegelhalter László, the Mayor of the settlement, informed...
Read moreThe turnover of German breweries has decreased
German breweries sold 94 million hectoliters of beer in 2017, 2 percent less than in the previous year Origo quoted the data of the Brauer-Bund’s trade association. The Brauer-Bund justified...
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Nestlé launches world’s first KitKat Chocolatory Sublime Ruby
Nestlé today launched KitKat Chocolatory Sublime Ruby – a crispy wafer bar coated with the world’s first Ruby chocolate. The Ruby chocolate offers a new taste experience, a kind of...
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The Sziget won a European festival prize again
The Sziget was recognized internationally again: the organizers received the Line-Up of the Year award at the Eurosonic festival in Groningen, Netherlands on Wednesday. It is a surprise for us...
Read moreChina is building giant animal farms
Big pig farms are planned to be set up in China – agrarszektor.hu wrote. The development ideas fit the plans of the Chinese government for the agricultural development of the...
Read moreThe NGM and the MNB are expecting a GDP growth of around 4 percent in 2017
The Ministry of National Economy (NGM) and the National Bank of Hungary (MNB) expect a GDP growth of around 4 percent in 2017. At the Central and Eastern European Forum...
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The price of fish decreased in the vast majority of shops, due to the VAT reduction
In the vast majority of shops, fish prices decreased by 10 to 15 percent due to VAT cuts – the Managing Director of the Hungarian Aquaculture and Fisheries Interbranch Organization...
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Early Easter brings more expensive lamb
Because of the early Easter, sheep farmers are expecting a strong demand and price increases in foreign markets – Magyar Idők wrote. Although there are still a long two months...
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Heppenheimer is the top egg
This year, the Heppenheimer Egg was awarded with the Gold Ribbon Quality Certification. The trademark indicates the exceptional quality and flavor, and the goal is that the product awarded with...
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Ferrero bought Nestlé’s American confectionery business branch
The Ferrero Group and its affiliated companies (“Ferrero”), a global confectionary group, today announced a definitive agreement pursuant to which it will acquire the U.S. confectionary business from Nestlé for...
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The postal and courier fees are getting more expensive
In the third quarter, the price of postal and courier services in Hungary increased by rocket speed. In the first two quarters of the year, this sector also produced the...
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Syngenta’s drought tolerant maize tested in the desert is available in Hungary
This year, Syngenta’s new, worldwide tested drought tolerant corn hybrids are also available in Hungary. The Artesian Technology opens a new chapter in the company’s ever-growing corn portfolio. “Syngenta places...
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The Lactalis baby milk powders will be withdrawn in Hungary
The baby milk powder made in the Craon plant of the French company Lactalis will be withdrawn in Hungary – the National Food Chain Safety Office (Nébih) announced on its...
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Huawei has increased its smartphone sales in Europe by 20 percent
Last year, China’s Huawei Technologies Co. Ltd. mobile telecommunications equipment manufacturing and service company increased its sales by more than 15 percent worldwide, and smartphone sales in Europe increased by...
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Szállás.hu: record-breaking growth last year in the tourism market
Domestic tourism ended with growth record last year, rising by 15 percent in 2017. 70 percent of guest nights were for 1-2 days – according to the comprehensive annual analysis...
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The National Chamber of Agriculture has successfully closed last year
The National Chamber of Agriculture (NAK) has successfully closed last year, and many of the measures to ease the economy have been created at the initiative of NAK – the...
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The Jéger may bring significant savings
It is good news for the farmers that the ice-hunting system, the Jéger will be launched nationwide at the beginning of May. The system is currently under development – Magyar...
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The National Machine Financing Program of the MFB is launched
The National Machine Financing program of the Hungarian Development Bank (Magyar Fejlesztési Bank) was launched. The framework of the loan and lease programs with a preferential interest rate is 80...
Read moreWebEye counts on the significant transformation of the logistics industry
In the next 5 to 10 years, the WebEye Telematics Group, developer of vehicle tracking systems, anticipates a major transformation in the logistics industry. According to the statement of the...
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