News and articles
The number of visitors was around 100,000 this year at OMÉK
At the National Agricultural Exhibition and Fair (OMÉK), the number of visitors was around 100,000. A large number of young people also attended the event, and about 1000 exhibitors presented...
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Apple sugar was extracted from apples
After nearly a decade of research, apple sugar has been extracted from apple succesfully. The apple sugar is made from natural ingredients, has a low glycemic index and, last but...
Read moreFazekas: the pig sector is a strategic area of agriculture
The pig sector is a strategic area of the Hungarian agriculture, which is also indicated by the fact that the sector’s support increased from the 6 billion HUF of 2010...
Read moreThe European Commission has proposed a comprehensive reform in the EU VAT system
The European Commission has presented the most comprehensive plans of the past twenty-five years for EU VAT rules on Wednesday. The plan would reduce the possibility of VAT fraud and...
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The euro area’s retail sales fell unexpectedly in August
Instead of expected growth, the retail turnover of the euro area declined in August, according to a report by the European Union’s statistical office, published on Wednesday. Compared to the...
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Groupama: Young people say that 22 million HUF savings should be enough for a calm old age
Young people between the ages of 18 and 29 expect to retire at the age of 66 and spend an average 18 years as retirees. They estimate that savings of...
Read moreFuture belongs to triticale
The man-bred grain, the triticale, combines the qualities of wheat and rye – agrarszektor.hu wrote. The crop can be grown in economically in poorer soil quality areas and has high...
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Three Hungarian projects were included among the best EU innovation projects
Three Hungarian small and medium sized enterprises (SMEs) have been included into the best 48 innovation projects at the Innovation Radar Award 2017, one of the most prestigious innovation competitions...
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Dynamic directions
Media planning and buying specialist New Land Media Kft. – a member of the Lounge group – has been present in the Hungarian market since 2013. The company formed a consortium with...
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The Arena Plaza was purchased by a South African company for 275 million euros
The Arena Plaza was purchased by the South African NEPI Rockcastle company from the Symmetry Arena Ingatlankezelő Kft. for 275 million euros (85 billion HUF) – CBRE Hungaryannounced on Tuesday....
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60 percent of the Hungarian mushrooms are exported
The most significant cultivated mushroom species in Hungary are csiperke and laska. The mushrooms are very healthy, but the mushroom consumption per person is very low in Hungary, 1-1.5 kilograms...
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SPAR’s commercial was awarded in Cannes
The SPAR Magyarország won three awards in the autumn. The chain of stores received valuable prizes in three professional competitions. The Regnum Toy Story TV spot of SPAR Magyarország won...
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70 businesses can expand their capacity from 13.5 billion forints
In order to strengthen its competitiveness and productivity, 70 micro, small and medium-sized enterprises won 13.5 billion HUF support under the Economic Development and Innovation Operational Program (Ginop). Through the...
Read moreALDI supports the Go Pink Initiative for the fifth time
The ALDI Magyarország Élelmiszer Bt. is participating in the Go Pink Initiative for the fifth time, which in October every year attracts attention to the importance of fighting against breast...
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Workania: Wages have risen the most in the worst paid sectors
Wage growth this year occured in the worst-paid sectors, compared to the past years, but salaries are still far behind the wages in the top industries – the online survey...
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Fini Mini school marathon – for the first time this fall, but not the last!
The Sága Fini Mini school marathon was held for the first time within the 4th Budaörs Running Festival on 1 October. The Sága Foods Zrt., based in Sárvár – one...
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One of the key elements of plant production is plant species experimental activity
One of the key elements of crop production is plant species experimental activity, as the biological basic is the safety of cultivation for agriculture and forestry – the Minister of...
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More than 2,500 people attended Amway’s charity event in 12 cities
On 1 October Amway re-organized its charity walk in 12 locations across the country. The participants of the “10 000 steps FOR YOU and FOR THEM” program walked 10,000 steps...
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The number of visitors at the Oktoberfest in Munich is over six million
The number of visitors rose over six million (to the usual level) at the world’s largest beer festival, the Oktoberfest in Munich on Tuesday evening. According to the organizers’ preliminary...
Read moreIllegal cigarette factory operators were accused
The Metropolitan Public Prosecution has filed charges against people who operated a cigarette factory – Ibolya Tibor Attorney General told MTI. According to his report, the eight men are accused...
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Waste oil collected in Romania
Carrefour Romania has started collecting waste oil from customers, in order to reduce the chain’s ecological footprint. Shoppers can take back 1-4kg of filtered waste oil in transparent bottles. In...
Read moreAutomatic offices are more efficient
One third office tasks could be automated but this proportion is still less than 5 percent in Hungary – revealed a survey by xFLOWer that was done with the participation...
Read moreBrutal drought caused 100 billion HUF damages to the corn
This year’s summer heat caused up to 100 billion HUF damages to the corn producers – agrarszektor.hu wrote. According to the harvest results so far, yield is more than 2...
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KSH: import was growing faster than export in July
In July, the value of exports in euros was 5.0, while the value of import was 11.3 percent higher than one year before. Export surplus was 348 million euros, 410...
Read moreThis year, the autumn wheat varieties were tested by VSZT and GOSZ
The seed experiment work of the Seed Association Interprofessional Organization and Product Council (VSZT) and the National Association of Grain Producers (GOSZ) has been closed in 2017. Farmers have summarized...
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The chocolate saloon has opened its gates
The famous Ghraoui Chocolade from Damascus has opened its shop in Budapest. After the civil war broke out in 2011 in Syria, the Ghraoui Chocolade started its activity in Hungary....
Read moreThe seasonally adjusted value of the Purchasing Manager Index (PMI) for September is 59.3.
Compared to the previous September, this year’s value exceeds the long-term September average (52.3) and the average of the last three years (54.3) as well. Most of the sub-indices examined...
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Baker Association: the Hungarian Food Book should be developed
A growth in consumer awareness and the further development of the Hungarian Food Book is needed – the Baker Association said after negotiations with the Ministry of Agriculture (FM), the...
Read moreMagyar Levente: Chinese companies make a significant contribution to Hungary’s economic successes
Chinese companies are making a significant contribution to Hungary’s economic success, and Hungarian exports to China are expected to continue to grow and increase their added value in products –...
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