News and articles

Chocolate Carnival in Pécs

The Chocolate Carnival in Pécs awaited its guest with eighteen exhibitors and with about twenty programs including children and professional programs to the Zsolnay Cultural Quarter for the fifth time....

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Hungary exports agricultural technology into Azerbaijan

In addition to the fruit tree saplings, Hungary exports agricultural technology required for grafts into Azerbaijan – the managing director of Hungarian Horticultural Propagation Office (MKSZ) told M1 news channel...

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International green week opens, Hungary is the guest of honour

International Green Week (IGW), the world’s largest agriculture, food industry and horticulture expo, opened in Berlin on Friday; this year the event’s guest of honour is once again Hungary. In...

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EuroShop 2017: Wanzl-answers for megatrends

t’s EuroShop! The leading international trade fair is opening its doors to visitors from all over the world from 5 to 9 March this year in Düsseldorf. As one of...

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Closer Hungarian-Russian cooperation on heavy industry development projects

“Cooperation between Hungary and Russia on heavy industry development projects and technologically intensive sectors will be further tightened”, Minister of Foreign Affairs and Trade Péter Szijjártó announced. Following his meeting...

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Candies got more natural and creative

After the years of recession and the negative effects of the public health product tax (NETA), the candy market has just started to recover. According to Mónika Bata, managing director...

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The retail chains are open to negotiations that will improve the situation of the baking industry

The National Chamber of Agricultural Economics and the Hungarian Bakers’ Association organized a meeting on the baking industry’s situation with the participation of the retail chains. At the meeting took...

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FAO: World food prices rose in January

The FAO Food Price Index rose notably in January, led by sugar and cereals, even as global markets remain well supplied. The FAO Food Price Index averaged 173.8 percent in...

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Confinement housing was orered

Bognár Lajos Chief Veterinarian ordered the confinement housing of poultry in the entire territory of Hungary. The measure is justified by the fact that the avian influenza virus was detected...

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The holidays days are over

Hungaryʼs seasonally adjusted Purchasing Managersʼ Index (PMI) rose to 56.5 points in January from a revised 52.8 points in December 2016, the Hungarian Association of Logistics, Purchasing and Inventory Management...

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The PayPal.Me was launched in Hungary as well

According to the statement of PayPal sent to MTI, with the new PayPal.Me service anyone can send and receive money with a unique link, which can be sent to the...

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The Government declared 2017 as the year of Furmint

The Government declared 2017 as the year of Furmint, with the aim to raise the attention of the international and domestic markets and the consumers on one of the most...

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KSH: export growth continues further

Last November, export value in euros increased by 5.8, while the value of imports increased by 5.1 percent, compared to the same month of the previous year. The trade surplus...

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The Zwack Unicum Nyrt. increased its profit and revenue

The Zwack Unicum Nyrt. reached an after tax profit of 2,538 billion HUF in the first three quarters of the 2016-2017 business year, 26.8 percent more than a year before...

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New tenders are available for farm development and natural disasters prevention

Two new combined 10 billion HUF worth proposals appeared under the Rural Development Programme: support for infrastructure development of the farms and investments for the prevention of hailstorms – the...

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Deterioration in consumer confidence in the United States in January

The Conference Board Consumer Confidence Index, which had increased in December, retreated in January. The Index now stands at 111.8 points, down from 113.3 in December. The Present Situation Index...

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Air cargo and passenger traffic increased in 2016

According to the data of the International Air Transport Association (IATA), air freight grew by 3.8 percent, while passenger traffic increased by 6.3 percent in 2016 compared to the previous...

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Annual packaging barometer

Hungary’s packaging industry is an important one in Europe and it keeps developing. This year’s preliminary data are also positive, but the growth rate seems to have slowed down a...

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Sales remain concentrated when it comes to creames

Cream retail sales were realised in the value of HUF 7 billion in January-September 2016. Like-for-like value sales rose 3 percent and volume sales got 4 percent better. Cream sales...

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Better-than-average trends

In the first three quarters of the year 200m² and smaller shops had a 27-percent share in the retail value sales of grocery categories audited by Nielsen. However, from candy...

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In the same team as Messi

Nestlé cooperates with Lionel Messi in popularising a healthy lifestyle among young people. A four-year contract has been signed, making the Milo brand FC Barcelona’s ‘tonic food drink’ product. In...

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Nielsen: an increase in the weight of large stores in food-retailing

Food retail trade reached an around 1620 billion HUF turnover between December 2015 and November 2016, 2 percent more than during the same period of the previous year. Nielsen’s Retail...

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The NGM turns to the competition office if the effect of the VAT reduction fails

The National Economy Ministry (NGM) will turn to the competition office if the market operators violate of the competition rules and affect the market processes in a way that the...

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Tesco: home delivery without shopping bags

In Hungary, one person uses an average of 500 shopping bags a year, while disposing 90 percent of the bags after a single use – Világgazdaság Online cites Tesco’s communication....

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The Italian-led cheese manufactory will launch a training

The CBA opened a cheese manufactory in Veresegyháza in order to ensure quality cheese consumption in Hungary – Fodor Attila, Director of Communications of the Hungarian chain told MTI at...

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Workania: the average salary increased slightly last year in Hungary

Gross salaries increased last year, compared to the previous year. The earnings continue to be the highest in Budapest, but wages are also affected by educational attainment, the job and...

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The Green Week in Berlin can bring many good deals

The International Green Week Exhibition in Berlin (Internationale Grüne Woche – IGW) can bring specific businesses to the Hungarian food exporters. The Hungarian stand was visited by 380 thousand visitors...

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The long-lasting cold caused damages in the autumn crop

Because of the bad weather most of the autumn sowings developed poorly in Hajdú-Bihar county, due to continuous cold the situation deteriorated further – the regional president of the National...

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Economic growth accelerated in Europe

Economic growth accelerated in Europe both in the European Union as a whole and in the euro area in the last quarter of last year – according to the first...

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Europe’s unique soil quality research center will be established

The internationally recognized researchers of the Eötvös Loránd University’s Faculty of Sciences (ELTE TTK) and the Hungarian Academy’sf Agricultural Sciences Research Centre (MTA ATK) will create a new strategic R...

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