News and articles
International actions by NAV
The National Tax and Customs Administration (NAV) regularly requests information from foreign authorities, in order to be able to catch those foreigners who commit VAT fraud in Hungary. Csilla Tamásné...
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Hungarians eat less bread than Europeans
In Hungary, the per capita annual bread consumption is 37 kilograms, while the European average is 50 kilograms – the Jókenyér Ludwig & Mentesi Kft. told MTI on Tuesday. In...
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Chinese imports are pushing the swine prices
Due to China’s growing import demand, the Hungarian pig purchase prices have grown spectacularly recently. The Hungarian livestock farmers can expect favorable market developments over the medium term after the...
Read moreSzázadvég: economic growth may be 3.8 percent this year and for the next year
Following this year’s favorable first-quarter growth figures, the Századvég Gazdaságkutató Zrt. has increased its previous 3.6 and 3.4 percent growth forecasts up to 3.8 percent for 2017 and 2018, According...
Read moreThis year’s sour cherry yield can be around 60-65 thousand tons
This year’s sour cherry yield will be weaker than the average, about 60-65 thousand tons – the FruitVeB and ÉKASZ told MTI on Tuesday. According to the most recent summary...
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The Hungarian pálinka is purchased in 76 countries of five continents
The pálinka, the national drink of Hungary, is transported to 76 countries of five continents – the Minister of Agriculture announced on Tuesday in Budapest at the announcement of results...
Read moreChange of ownership at the Pécsi Sörfőzde
A change of ownership has taken place in one of the oldest brewery companies in Hungary at the Pécsi Sörfőzde Zrt. One of the main goals of the new management...
Read moreTesco’s customers will throw eight hundred thousand packets of meat into the grill
Based on the experience of Tesco, the popularity of grilling products grows every year and buyers are increasingly looking for high quality products. The chain of store is preparing for...
Read moreThe ALDI Magyarország won a Reliable Employer award
ALDI Hungary has won the “Reliable Employer 2017/18” award of the German-Hungarian Chamber of Industry and Commerce (DUIHK). The ALDI Magyarország Élelmiszer Bt. received a considerable professional recognition for its...
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What’s on your plate in the summer: trends from the Budapest Wholesale Market
With the launch of the summer season, the largest domestic market, the Budapest Wholesale Market shared interesting and useful tips. It is no question that we can get a lot...
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The largest Rossmann drugstore opens in Budapest
Expanded range of product supply, new convenience services and unique style await the buyers in the new store. The Rossmann at the Flórián Square in Budapest offers new services, a...
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Summer is here again! It is worth choosing refreshment carefully!
Who would think that in 1979, almost 40 years ago, we only drink 2 liters of mineral water every year, this figure shows that the mineral water consumption in Hungary...
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A Hungarian solution fights against Internet payment fraud
It is estimated that online bank card payment frauds last year caused almost 7,000 billion HUF damages worldwide. The determining player of the domestic Internet payment market, the Barion has...
Read moreStrawberry harvester robot was invented
It was believed for a long time that strawberry harvesting will not be ever mechanized. However, a robot under test can help the growers. It can replace 30 seasonal workers...
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CAMPING MESE chocolate-flavoured chhesecream
After the cheesecake version a new sweet flavour is added to the Camping cheese in ‘sausage packaging’ portfolio. This soft, chocolate-flavoured cream cheese is the perfect choice for making sweet...
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Pin-up-girl on the wall – Video of the day
Fieldy Artist has taken on her biggest project yet in creating an awe-inspiring custom mural for a beachside bar in Cottesloe with a beautiful 50s inspired pin-up girl as the...
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Telenor: bank card on a mobile
In cooperation with Budapest Bank, Cellum Zrt. and Gemalto, Telenor added a new feature to their Telenor Wallet application. The new service is called MobilPass and makes contactless payment possible...
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Bread alliance: bread prices will not increase due to the composition change
The bread prices are not expected to rise because the proportion of raw materials will change, for example the composition in case of whole grain breads and rye breads, while...
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Raspberry production fell significantly
The harvest of raspberries has begun, and although the taste of Hungarian raspberry is excellent, yet fewer producers on less area are dealing with this fruit – according to the...
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Japan is the main target country of the Hungarian food exports outside the European Union
Japan is the main target country of Hungarian food exports outside the EU, and this is why Japan has become this year’s guest at the National Agriculture and Food Exhibition...
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A campaign to promote rabbit meat consumption has begun
Events, promoting rabbit meat consumption as well as tastings will also be part of the national campaign launched in June – Nagy István, Parliamentary Minister of State of the Ministry...
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Hungarians support the reduction of cash
Sixty percent of the Hungarians agree that the shadow economy can be reduced in Hungary by increasing electronic payment solutions and reducing cash – portfolio.hu reported the latest Mastercard research....
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NAK: it is important when the support comes to the farmers
The practice of the Hungarian agency for paying agricultural subsidies and EU law should be brought closer, as several cases were filed at the EU court when the paying agency...
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The Waberer’s would spend 32 million euros on the acquisition of the Link Carrier Company
From the stock sales (190 million euros) of the Waberer’s International Zrt., about 32 million euros will be spent on the acquisition of the Polish Link Carrier Company, while the...
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Netpincér’s parent company goes to the Stock Exchange
Netpincér’s parent company, the Delivery Hero, will be introduced into the stock exchange – portfolio.hu wrote. The amount from the issuing of the new shares will be primarily spent on...
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The Amazon is buying a supermerket chain
Amazon.com Inc. will acquire Whole Foods Market Inc. for 13.7 billion USD, a bombshell of a deal that catapults the e-commerce giant into hundreds of physical stores and fulfills a...
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China is expanding in Africa
The African-Chinese economic and trade network is expanding at a significant pace. African exports are essentially raw materials, while goods already processed are coming from China, but this is only...
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Slovakia’s agri-food foreign trade
Slovakia is the second most dynamically developing economy in the region. The inflation rate was -0.3 percent in both 2015 and 2016. Slovakia’s level of indebtedness is a bit above...
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German multinationals want standardised online identification
Leading German multinational companies wish to develop a multi-industry technological platform that would make standardised online registration, electronic identification and other data services available to companies. The new solution could...
Read moreAgricultural investments expanded dynamically in the first quarter
The investments of farmers in the first quarter of this year have increased significantly, which has a positive impact on the competitiveness of the sector – the Ministry of Agriculture...
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