News and articles
NGM: more than 10 percent wage growth is realistic for this year
A more than 10 percent wage growth is realistic in the Hungarian economy for this year – Banai Péter Benő, Minister of State of the Ministry of National Economy (NGM)...
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KSH: the number of employees grew by 70,000 in one year
From December 2017 to February 2018, the average number of employees was 4 million 441 thousand, 70 thousand more than a year before, the Central Statistical Office (KSH) reported on...
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Dumplings, caviar and champagne will be in the focus of this year’s Gourmet Festival
Dumplings, caviar and champagne will be in the focus of this year’s Gourmet Festival, featuring the best restaurants, confectioneries and wineries of the Hungarian gastronomy in the Millenáris Park. This...
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The euro area economy has continued to grow
Although the growth rate of the manufacturing industry fell to 14-month lows, thanks to the improvement in service industry employment, the composite purchasing manager index in the euro area was...
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The Lurpak Dairy Company is in a difficult position due to the Brexit
The Danish company has to implement cost savings of at least 400 million euros, because Britain, one of Lurpak’s biggest consumers, will leave the European Union and this will be...
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Agrosol’s solution can protect from bird flu
Bird flu caused 20 billion HUF losses last year, the disease control measures continue to exist, but a new solution will help to prevent from damages. According to the Poultry...
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Magazine: Chocolate bars for every occasion
Chocolate bars constitute a stable pillar of the chocolate product market, which has been one of the most dynamically developing categories recently. According to Gábor Mayer, managing director of Mondelez Hungária...
Read moreGKI’s economic sentiment index remains close to its peak
In April, GKI’s economic sentiment index remained slightly lower than its historic peak in February. According to the empirical survey conducted by GKI with the support of the EU, expectations...
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(HU) Átadták „Az év legsikeresebb promóciója 2017”-díjakat
Sorry, this entry is only available in HU....
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The Japanese market will be duty-free for Europe
Japan is the world’s largest importer of pork, and the Americans have a strong interest in its market. Thanks to the now-finalized Economic Partnership Agreement, Europe can finally overtake its...
Read moreYou can taste the gamays of fifteen wine regions in Budapest
More than a hundred wines of fifty producers of fifteen wine regions can be tasted by the visitors at the April Gamay Grand Tasting organized by Winelovers on Saturday in...
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The #énjövőm (#myfuture) program has moved to the web
The Coca-Cola HBC Magyarország, the organizer of the educational program published an e-learning curriculum supplementing the trainings of the #énjövőm (#myfuture) educational program on the initiative’s website. Online training is...
Read moreThe old vine from Maribor to be planted in Szekszárd
The oldest known vine of the world will be planted in Szekszárd in the courtyard of the Roman Catholic parish on Sunday. The vine was donated by the president of...
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The museal wines of the Grand Tokaj Zrt. were sold at a record price
The museal wines of the Grand Tokaj Zrt. were sold at a record price at the Grand Tokaji Wine Auction held for the sixth time by the Tokaji Wine Knight...
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Praktiker recommends the Hungarian Product
In order to unify the origin marking and to strengthen the domestic economy, Praktiker Hungary and the MAGYAR TERMÉK Nonprofit Kft. launched a joint program. The DIY chain recommends to...
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Euro area’s economic mood dropped significantly
The German and Eurozone economic confidence index of the ZEW Institute for Economic Research dropped to a one and a half year low in March, keeping in mind the potential...
Read moreTrump would increase cutting speed at the American slaughterhouses
In his latest proposal, Donald Trump, US President would drastically increase cutting speed at the U.S. slaughterhouses – agrarszektor.hu wrote. The change would, in some respects, favor the meat and...
Read moreIt would be a disaster for the British food industry to miss the trade agreement
It would have “catastrophic” consequences for the British food industry if Britain would quit the European Union next year without a trade agreement – according to the comprehensive study of...
Read moreHungary is a net importer of pigs
The AKI has published its meat market report, which revealed that Hungary is a net importer of live pigs and pigmeat – agrarszektor.hu wrote. The slaughterhouse of Csányi Sándor, which...
Read moreYoung people spent more on food
Most of the young people spend more than they did in 2017 and will continue to increase their spendings in the future – Világgazdaság Online wrote on the basis of...
Read moreChanges in Germany also affect the Hungarian pig prices
The Hungarian pork prices entirely follow the German prices. Now some processes have begun in Germany that will have a significant impact on price developments – agrarszektor.hu wrote. The big...
Read moreAgricultural subsidies should be used to increase our competitiveness
By adjusting the rules on land use, the government has made a huge step towards the establishment of an agri-business structure that is in line with its goals. Last year,...
Read moreThe Ostorosbor has become the best in white, rosé and red categories
The Ostoros Winery has achieved a huge success at the Aranytőke Wine Summit, which was held for the thirteenth time. It was the first time in the history of the...
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Falling milk prices can be expected this year
The EU milk market is expected to drop this year according to an analysis by the Agricultural Directorate of the Takarék Group – agrarszektor.hu wrote. Consumption and processing on the...
Read moreThe beekeepers can expect less rape honey this year
The beekeepers expect less rape honey this year, because the cold weather in March caused a delay in the generation change in bees – the Jász-Nagykun-Szolnok County advisor of the...
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MKIK proposes five percent VAT on flour and bread
The comprehensive economic policy proposal of the Hungarian Chamber of Commerce and Industry (MKIK) has been prepared for the government – Parragh László confirmed to mfor.hu. The president of the...
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The fruit gene bank in Érd opens its gates
The fruit gene bank of the National Agricultural Research and Innovation Center’s (NAIK) Fruit Production Research Institute opens its gates – NAIK’s Director-General announced on Wednesday. Gyuricza Csaba in the...
Read moreBeer production declined in the Czech Republic last year
After five years of growth, beer production in the Czech Republic decreased by 0.7 percent to 20.32 million hectolitons last year – the Czech beer producer association announced in Prague...
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The control of seed potatoes continues
The National Food Chain Security Office (Nébih) ordered the nationwide level controls of seed potatoes arrived from overseas, due to several roundworm cervical worm infections. In the framework of the...
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