News and articles
ÁSZ: economy in Hungary is becoming whiter
The sustainable process of whitening the economy is taking place in Hungary – Domokos László, Chairman of the State Audit Office (ÁSZ) told M1 news channel on Tuesday morning. According...
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The Heineken Zrt. supports the revitalization of hop production with 30 million HUF
The Hungarian Ecumenical Aid Organization and the Heineken Hungária Zrt. signed a strategic co-operation agreement to revitalize Hungarian hop production. The company supports the program with 30 million HUF –...
Read moreThe cherry season has begun
Because of the warm spring weather, the harvest of the early cherry types has begun. This year the volume of fruit can reach 20,000 tonnes – the National Chamber of...
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Nearly 100 participants will come to the General Assembly of European Food Banks
Almost 100 participants from thirty countries, including food business leaders, lawmakers, experts and multinational companies, are coming to Budapest for the Annual Meeting of the European Food Banks Federation (FEBA),...
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Hungarian cyclists “reached the Moon”
A total of three thousand bicyclists took part in Hungary’s largest cycling tour the McDonald’s BringaMania Tour de Balaton. The distance they traveled together is nearly 393,000 kilometers. It would...
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Most of the Hungarians want a better job
The overwhelming majority of active job seekers still have jobs, but they are constantly monitoring the offers and if they find an attractive opportunity the go for it – tozsdeforum.hu...
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The Food Chain Management fee can be declared without sanctions until the end of May
The food chain operators can declare the Food Chain Management fee until 31 May – the National Food Chain Safety Office (Nébih) draws attention on its website. The announcement reminds...
Read moreWine celebration to be held for the first time in Debrecen
A wine celebration festival will be held for the first time in Debrecen between 31 May and 2 June. The program series will be expanded to a regional, then a...
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The revenue and profits of the Lego Manufacturing Kft. has increased
The net sales of Danish-owned Lego Manufacturing Kft. increased last year by about 10 percent and 3.1 billion forints, and after-tax profits increased by 40 percent, with 354 million forints,...
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The energy sector, construction and hospitality among the most turbulent sectors
“In some sectors, hardly 80 percent of firms operate for a year, indicating that the domestic companies are still far from equilibrium” – Pertics Richárd, Opten’s Corporate Information Director said....
Read moreThe Germans can expect a great malting barley season
The prospects for malting barley in Germany are so positive – agrarszektor.hu wrote. The 28 percent area increase will be coupled with improved yields this year, so a total of...
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Magazine: Large companies also contribute to the digitalisation of the SME sector
How can large companies support SMEs in going digital? István Király, Vodafone Hungary’s enterprise business unit director told our magazine that they offer tailor-made solutions to business partners, made available...
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Improving industrial and construction expectations, deteriorating consumer, commercial and service expectations
The GKI economic sentiment index deteriorated marginally in May. According to the empirical survey conducted by GKI with the support of the EU, this was the result of the deterioration...
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Hungarian purchasing power and demographic variables
In 2017 European purchasing power growth was the 5th biggest in Hungary: up more than 10 percent, it was EUR 655/year/person – revealed data from GfK. The per capita income that...
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A positive environment for the FMCG sector
In the 4th quarter of 2017 the consumer confidence index was at 74 points in Hungary, approaching the 87-point average of the European Union. Like-for-like FMCG sales growth was 8.2 percent,...
Read moreThe agrarian chamber opposes the reduction of CAP funds
The National Chamber of Agriculture (NAK) strongly opposes the European Commission’s announced proposal to reduce the resources of the EU Common Agricultural Policy (CAP) in the future. The Chamber urges...
Read moreNational Chief Veterinary Officer warns of the methods of preventing swine fever
Approximately 10 percent of the country’s pig population can be found in Békés county, so it is of the utmost importance that local farmers to adhere to the protection measures...
Read moreThe Concordia Közraktár Zrt. expanded its storage capacity
The Concordia Közraktár Zrt. expanded its storage capacity with a modern hall warehouse at the Cegléd railway transshipment facility. The 1,200-square-meter building was handed over on Thursday, so the plant’s...
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The Irish milk producers retained impetus
Germany has the most dairy cows, but the dairy-farms of the Irish are the most crisis resistant. They survived both the Russian embargo and the milk quotient with unbroken impetus...
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Inflation is slowing down in the euro area and in the EU
The growth in consumer prices slowed in the euro area and in the European Union in April. According to final data published on Wednesday by the European Union’s Statistical Office...
Read moreBee World Day: the future of our food is at stake
The World Day of Bees will be celebrated for the first time this year. The United Nations Food and Agriculture Organization (FAO) encourages the world’s nations and everyone to do...
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The foreign trade surplus of the euro area has become smaller than expected
In March, a smaller than expected foreign trade surplus occured, but at the same time, it was much higher than in the previous month. The EU’s statistical office, Eurostat announced...
Read moreSmuggled cigarettes and illegal potency increasing materials were seized in Budapest
The National Tax and Customs Office (NAV) seized smuggled cigarettes and illegal potency increasing pills in Budapest. According to the statement of the National Tax and Customs Office (NAV) sent...
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One Million USD Whiskey at the Auction
A bottle of malt whisky was sold for a record price of 1.1million USD at an auction in Hong Kong. The very rare 1926 Macallan scotch whisky was sold an...
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The biggest investor was the poultry sector last year
The value of agricultural investments, surveyed by the Agricultural Research Institute in 2017 increased by 3.1 percent compared to the figures of the previous year. So there is no big...
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Magazine: Showered with fragrances
The sales growth continued in the shower gel market in 2017, in terms of both value and volume. Zsófia Molnár, skin and hair category manager of Unilever Magyarország Kft. told our magazine...
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The European Commission called on Hungary to discontinue the discriminatory taxation of spirit drinks
The European Commission sent a reasoned opinion to Hungary because, in its view, tax rules on certain distillates favor local products, in which Hungary violates the relevant EU directive. According...
Read moreHungarians are over the world average in Internet use
89 percent of Hungarians older than 16 use Internet every day, while the world average is 86 percent, according to a survey conducted by Google on Wednesday, questioning about 79,000...
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The Agrarian Chamber announced a multiannual development program
The National Chamber of Agriculture (NAK) has prepared a program proposal for the long-term development of the Hungarian agri-food industry, which reviews the sectors from the structural funds, identifies the...
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Dumplings, caviar and champagne at the Gourmet Festival
International star chefs, the best restaurants, confectioneries and wineries of the domestic gastronomy, as well as numerous programs await the visitors to the Gourmet Festival from Thursday to Sunday to...
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