News and articles
Two hundred million forint development in Debrecen
Debrecen-seated Zolend Kft. built a 4,000m² new production hall from a HUF 200-million bank loan. The company is a supplier of major companies in the chemical, food, oil, automotive and...
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Another 80 billion forints in the Rural Development Program
Within the framework of 13 grant programmes, about HUF 80 billion becomes available until the end of March in the Rural Development Programme – announced the Prime Minister’s Office at...
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KMS trademark can be earned this year as well
Businesses can apply for the use of the Quality Hungarian Pork (KMS) trademark this year too. So far 86 have enterprises have earned the right to use the KMS marking....
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The shopping fever on Thursday brought the biggest turnover
The turnover on Thursday before Good Friday was 15-25 percent higher than the largest revenue-generating day of last year’s Easter period – CBA’s Communications Director told Világgazdaság. Fodor Attila explained...
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Auchan opens two auctions at a time
Auchan has also joined to the large number of market operators who sell their used and unnecessary assets at online auctions. In the first round, Auchan sells its used but...
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Detki Keksz: new factory hall, renewed recipe
The Detki Keksz Kft. has invested 1.3 billion HUF into a new factory hall and a warehouse in Halmajugra, Heves county, and thanks to the investment, in addition to its...
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A unique taste experience from Leerdammer
In the range of the well-known Leerdammer, everyone can find the cheese that suits their taste, whether it’s original or even more characteristic or long-matured. The brand now extends its...
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Butter Churning Roadshow to be launched
The first Hungarian BUTTER CHURNING ROADSHOW will be held on 19-20 April 2017 with the support of the KKASE – Cheese Makers Association, the Milk Interprofessional Organization and Product Council,...
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Nearly half a billion aluminum cans are not recycled
In Hungary, 800-900 million aluminum cans of beer and soft drinks are marketed every year, but only about half of this amount 450 million cans are recycled – tozsdeforum.hu wrote....
Read moreMKB Bank: agriculture financing should be tailored to the needs of customers
At the end of last year, the loan portfolio of Hungarian agriculture was about 560 billion HUF on the basis of the data collection of the Ministry of Agriculture. Including...
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K&H: the investments of large companies will continue to decline this year
The investments of large companies will continue to decline this year, as the downturn in the sector’s willingness to develop continues according to K&H’s survey – the bank told MTI...
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International portugieser festival and wine tasting in Pécs
International festival and wine tastings will be held for the promotion of portugieser on April 21 and 22 in Pécs and in Palkonya, part of the Villány wine region. To...
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Nébih: animal breeders can receive state aid to prevent bluetongue disease
Animal breeders can receive state aid to vaccinate their stock to prevent from bluetongue disease. Where the disease has already appeared, vaccination is mandatory, to prevent the other animals from...
Read moreTax audits are becoming more effective thanks to the ekáer
The tax inspectors are increasingly effective against illegal trade, thanks to electronic goods traffic control system (ekáer), which is a “heavy weapon” of the tax administration, but many entrepreneurs are...
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Raw milk’s price rising again
In January 2017 agricultural production prices were down 2.6 percent in comparison with January 2016. This drop was the result of the price of vegetable products decreasing by 8.9 percent...
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How do we try to spend less?
Nielsen asked Hungarian consumers how they try to spend less: 55 percent said they switch to cheaper groceries (back in 2013 this ratio was 70 percent). 52 percent said they...
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Nearly 700 million forints for research on the quality of irrigation water
The Centre for Research of the Hungarian Academy of Sciences (HAS), the National Public Health Centre (OKK), HAS’s Centre for Agricultural Research and Smaragd GSH Kft. were granted HUF 693.13-million...
Read moreHungarian grey cattle to be bred organically
The Association of Hungarian Grey Cattle Breeders (MSzTE), the Hungarian Organic Culture Association and Biokontroll Hungária Nonprofit Kft. signed a strategic agreement. The three parties’ goal is to breed grey...
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Twelve billion forint dairy sector development project in Debrecen
Alföldi Tej Kft. invests HUF 12 billion to create 181 new jobs in Debrecen; the municipality finances the project with HUF 120 million. Managing director Tibor Mélykuti told that the...
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Healthy and practical products from VFI
Glatz Hungary Kft. is an Austrian-owned company that specialises in cereal and food trade. It is them who represent KRONEN products – a corn germ cooking oil, and lemon- and...
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A sharp increase in demand for many products at Easter last year
Demand significantly increased towards ham, eggs, chocolate and alcoholic beverages at Easter last year – according to the Central Statistical Office’s summary. The larger stores this year expect a significant...
Read moreAnalysts: inflation rate this year may be around the purpose of the MNB
Inflation decreased to 2.7 percent in March, lower than the expectations of the analysts, after the 2.9 percent in February. In the rest of the year, inflation will temporarily exceed...
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The turnover of the Magyarvíz Kft. increased last year
The turnover of the Magyarvíz Kft. increased last year. The company sold a total of 300 million liters, ie 200 million bottles of mineral water in 2016, reaching net sales...
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From sea to the plate – tracking fish
Important progress has been made in the international documentation system, initiated by the UN Food and Agriculture Organization (FAO) through which illegally caught fish could not be taken on the...
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Easter production has increased in the Nestle factory in Diósgyőr
Nestlé’s chocolate factory Diósgyőr operated at full capacity during the period preceding Easter. The volume of production increased by more than 7 percent, compared to the same period of last...
Read moreTesco has significantly increased its operating profit
Tesco’s adjusted operating profit was slightly better than expected at the start of the year, rising 30 percent to 1.28billion pounds. However, statutory pre-tax profit was significantly below expectations, thanks...
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Export Academy for the tenth time
The Hungarian National Trading House (MNKH) launches its complex export development training, the MNKH Export Academy for the tenth time between 12 and 27 April. The training program of the...
Read moreRomanian beer consumption stagnated last year
Romanian beer consumption stagnated last year. Romanians drank an average of 80 liters of beer per capita in 2016 – the Romanian Brewers’ Association announced. According to data provided by...
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