News and articles
Chinese imports increase customs revenue significantly
Due to the arrival of Chinese goods to Hungary, the customs procedures performed by the National Tax and Customs Board (NAV) have increased significantly, and the amount of customs revenue...
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The Siberian discount chain also appeared in Leipzig
A Siberian concern opened its first discount food store in Germany in the suburb of Leipzig – piacesprofit.hu wrote. photo by mz-web.de Founded in 2009 in Krasnoyarsk, Siberia, the Torgservis...
Read moreThe sentiment of American consumers are above expectations
Compared to December, the US consumer sentiment weakened, but were above expectations in January – according to the regular monthly survey of the University of Michigan. The January consumer sentiment...
Read moreSwine fever was detected in Sepsiszentgyörgy
About sixty pigs are to be killed in the Őrkő district of Sepsiszentgyörgy, where the appearance of African swine fever (ASP) was confirmed at the end of last week –...
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Luckin Coffee opens new cafes in a row
Luckin Coffee picks Credit Suisse for 300 million USD share sale. The deal could take place in the second quarter of this year. Luckin Coffee, the ambitious Chinese startup rolling...
Read moreThere is a great need for a shop assistants across Europe
There have never been such great need for shop assistants in the European Union member states – penzcentrum.hu wrote. According to EURES, the European Job Mobility Portal, 75,000 shop assistants...
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Five easy practices by Gijs van Wulfen to be more innovative
Innovation is one big struggle. Not being able to change habits within the organization. Being creative at the wrong moment. Frustrated by budget cuts. Confronted with a lack of entrepreuneurship....
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First Global Women’s Network at FRUIT LOGISTICA 2019
On 8 February 2019, exactly one month before International Women’s Day becomes a new public holiday in Berlin, the first Global Women’s Network will take place at FRUIT LOGISTICA at...
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New commercial director at Bonafarm
Starting from 1st January 2019, György Sóskuti is the new commercial director at Bonafarm Group. The expert has been working in the FMCG-sector for nearly two decades. Prior to joining...
Read moreAccording to the OECD, further reforms will contribute to a stronger and more inclusive Hungarian economic performance
Due to the high employment level, the Hungarian economy is in the middle of a strong recovery, which also increases wages, consumer confidence and domestic demand. According to the new...
Read moreThe KSH conducts a trial census in agriculture in February
The Central Statistical Office (KSH) is conducting a full agricultural census in the summer of 2020 (Agrárcenzus 2020). The agency is conducting a trial test between 1 and 28 February...
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The rate of childhood obesity stopped in Hungary
Due to various legislative changes and professional cooperation, the proportion of overweight people among Hungarian children was halted – the Minister of State, responsible for Health told at a professional...
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SMEs are calculating with stable financial results
Companies are calculating with stable 8 percent revenue growth, but with a slightly more modest, 4 percent profit growth this year. According to the latest data of the K&H SME...
Read moreALDI to join to the initiative supporting work-life balance
The ALDI Magyarország Élelmiszer Bt. also signs the cooperation agreement between the German-Hungarian Chamber of Commerce and Industry (DUIHK) and the Ministry of Human Resources (EMMI) to support compatibility between...
Read moreMLBKT: the purchasing manager index declined in January
The seasonally adjusted January value of the Purchasing Manager Index (BMI) was 54.0 points after the 54.3 points of December – the Hungarian Logistics, Purchasing and Inventory Company (MTPL) announced...
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The Hód-Mezőgazda Zrt. and the University of Szeged develop cattle feed
The Hód-Mezőgazda Zrt. and the University of Szeged (SZTE) are developing feed for dairy cattle – the company informed MTI. The total cost of the three-year research and development program...
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More than 50,000 visitors are expected to the 26th FeHoVa
The largest arms, angling and hunting exhibition (FeHoVa) of the Carpathian Basin will be hosted by Hungexpo at the Budapest Fair Center between 7 and 10 February. Three hundred exhibitors...
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The pace of consumer price increases in the euro area slowed further in January
In January, the pace of consumer price increases in the euro area slowed further, moving away from the European Central Bank’s 2 percent target. According to preliminary data released by...
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Amazon’s revenue and profit increased significantly in the last quarter of 2018
Compared to a year before, Amazon’s sales and profits rose significantly in the last quarter of 2018, according to the company’s flash report released on Thursday. Amazon’s net sales rose...
Read moreEvidences of Iron Age brewing in England were found
Road builders found evidences of iron-age brewing in England. The more than two thousand years of remnants of the earliest evidence of local brewing were found during the renovation of...
Read moreThe EU directive against flavored tobacco products remains in force
The European Court of Justice (ECJ) confirmed the validity of the five-year EU directive on the withdrawal of flavored tobacco products, which was adopted five years ago. In a lawsuit...
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Magazine: Traditions rule in the liver paté category
Hungarians are rather conservative when it comes to the spicing and packaging of their favourite liver patés. Szilvia Dandé, marketing manager of Kaiser Food Kft. told trade magazine that the...
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Tens of billions for developing the irrigation system
The government has earmarked tens of billions for developing the country’s irrigation system, for instance HUF 34 billion will be available for coping with the lack of infrastructure, equipment and...
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Duck and goose processing plant starts production in Mélykút
On 28 January the new factory of Hunent Víziszárnyas Feldolgozó Zrt. ceremonially started production in Mélykút. The new state-of-the-art plant was built from EUR 40 million and can process 50,000...
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New loan programme for developing agri-businesses
This year the Ministry of Agriculture plans to launch a new loan programme for helping agri-food businesses in implementing development projects. The ministry has decided to do because in earlier...
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Decision on financing energy efficiency projects
The Ministry of Agriculture has granted HUF 7-billion funding for 128 projects in the first round of the Rural Development Programme. Winners can use the money for realising innovative and...
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New animal vaccine production and development centre being built
Ceva-Phylaxia Oltóanyagtermelő Zrt. is building a new animal vaccine production plant and a research and development centre in Monor. The French-owned company invests HUF 8.17 billion in the project, while...
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Solar panels at the Varsád fish farm
Czikkhalas Halastavai Kft. invests HUF 80 million – from which 50 percent comes from the Hungarian Fisheries Operational Programme (MAHOP) – in modernising the company’s fish farm in Varsád. As...
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The year of building
Minister of Agriculture István Nagy called 2019 ‘the year of building’ at the opening ceremony of the AGROmashEXPO and AgrárgépShow trade show on 23 January. He revealed that the within...
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