News and articles
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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Eurozone and EU inflation accelerated in November
In line with the expectations in November, the annual increase in consumer prices in the euro area was 1.5 percentage points higher than the preliminary data and 0.1 percentage points...
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There are new opportunities to preserve soil moisture
There are several processes and preparations that are able to preserve soil moisture, so farmers can cultivate crops where there is no possibility to irrigate – Fazekas Sándor, Minister of...
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The Hungarian gaming market was expanded by 4 percent last year according to the Regio Játékkereskedelmi Kft.
The traditional games market was expanded by about 4 percent last year in Hungary and exceeded 45 billion HUF – according to the preliminary estimate of the Regio Játékkereskedelmi Kft....
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World stars and distilleries
The stars of the world are not just trying to earn money in their own field of expertise, say, on the football field or in the movies, but also earn...
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The European Parliament proposes to ban electric fishing
The European Parliament (EP) in its plenary meeting in Strasbourg called for a ban on electric fishing in Europe on Tuesday. When electric fishing, electric wires are hung into the...
Read moreMcDonald’s is getting greener
McDonald’s has made two major environmental announcements over the past few weeks – origo wrote. The company will replace its cups and trays with foam products by the end of...
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The growth of agricultural producer prices has accelerated
In November last year, agricultural producer prices increased by 7.7 percent, compared to the same month of the previous year. The price of herbal products increased by 8.6, while the...
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The wage negotiation between SPAR and KASZ was successful
SPAR Hungary – a retail chain that employs nearly 13,000 people – and the Trade Union of Commercial Employees (KASZ) have reached an agreement on increasing workers’ salaries. The minimum starting...
Read moreHungarians are banking online below average
More than half of Europe’s adult population (51 percent) have used netbanks in 2017. Since 2007, this ratio has doubled – portfolio.hu quoted Eurostat’s data. There are places where 90...
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FM Minister of State: EU agricultural subsidies after 2020 will be decided in May
EU state and government leaders will decide on the EU’s after 2020 budget and on the amount of resources allocated to the Common Agricultural Policy (CAP) in May – Czerván...
Read moreWhimsical weather may kill bees
Contrary to belief, bees do not sleep in winter. Consuming honey in the hive, clumped in clusters, they pass through the coldest season. The mild weather of recent weeks has...
Read moreThe greatest need is towards workers and shopkeepers
In the last months of 2017, 17.4 percent more new ads were posted in Hungary’s leading jobs portal, than a year ago in the same period – mfor.hu wrote, after...
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Salmonella baby milk powder: Hungary is not affected
Hungary is not affected by the EU scandal for salmonella baby milk powder. The National Food Chain Safety Office (Nébih), however, monitors the international news. No information has been received...
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The chicken debate continues between the EU and the US
There is still a serious controversy between the United States of America (USA) and the European Union (EU). According to EU accusations, US companies supply chlorinated chicken meat to the...
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An unhealthy diet makes the immune system more aggressive in the long run
The immune system responds similarly to a high fat, sugar and calorie diet as to bacterial infections, and the body’s defensive system becomes proactive in the long run – according...
Read moreKSH: Consumer prices increased by 2.4 percent last year
Consumer prices rose by 2.4 percent on average in 2017, compared with the previous year and in December consumer prices were 2.1 percent higher than in the previous year –...
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The Szentkirályi-Kékkúti Mineral Water Ltd. sold 16 million bottles more last year than a year before
In 2017, the Szentkirályi-Kékkúti Ásványvíz Kft. sold 16 million bottles more in the Hungarian market than in the previous year, increasing its annual volume to 282 million bottles – the...
Read moreSzázadvég: consumption and investment increased imports
Growing consumption and expanding investments have boosted imports – Regős Gábor, economist of the Századvég gazdaságkutató Zrt. told M1 news channel. According to the first estimate of the Central Statistical...
Read moreSwine fever attacks again near the Hungarian-Romanian border
African swine fever has appeared again in Romania: the disease is only a few kilometers away from the Hungarian border and the Ukrainian border. The disease was detected in Mikola...
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Huge Ferrero-Nestle business on the horizon
Italian chocolate maker Ferrero is nearing a deal to acquire Nestle’s U.S. confectionery business for about 2.8 billion USD – origo wrote. According to an informant of Bloomberg, the agreement...
Read moreHeineken and the Sopron Power Plant extended their contract
According to the extended contract, the Sopron Power Plant provides steam and hot water to Heineken’s brewery in Sopron for a further 8 years – mfor.hu wrote. The Soproni Erőmű...
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Fire at the Aréna Shopping Center in Budapest
A sauna caught fire on Friday afternoon at the Arena Plaza in Budapest. No one was injured in the fire. Visitors could return to each floor for the evening. There...
Read moreGrowth in retail sales slowed down in the United States
In December, retail sales in the United States increased at a lower rate than in the previous month, according to a statement released by the Census Bureau on Friday. In...
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PC sales rose in the fourth quarter for the first time in six years
The sales of traditional PCs increased in the fourth quarter of last year for the first time in the past six years – according to a survey published on Friday...
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Hungarian leader at Ukrainian Auchan
From 1 January Viktória Lucenko is the new CEO of Auchan Ukraine. She is the first female CEO of the French retailer. Ms Lucenko started working for Auchan Retail Hungary in 1999. In...
Read moreFM: The annual support for Hungarian beekeepers have grown to more than 5 million euros a year
With the340,000 euros extension of the previous budget 5 million 35 thousand euros are available annually to support Hungarian beekeepers – Nagy István, Parliamentary Minister of State of the Ministry...
Read moreRestrictions may come in case of the EU agricultural subsidies
Restrictions have to be taken in the Union’s new Common Agricultural Policy (CAP) between 2020 and 2027, according to EU Budget Commissioner Günther Oettinger. While the British withdrawal leads to...
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