News and articles
Successful innovations
Date: 2016-08-16 10:30:04
Hungexpo – the organiser of the Sirha Budapest 2016 trade show – and Trade magazine organised an innovation competition for exhibitors, who could enter the contest with innovative products launched...
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Equilibra deo stift és roll
Date: 2016-08-16 10:19:38
gItalian market leader natural cosmetics brand Equilibra is now also available in Hungary. These products contain a large proportion of plant extracts and tenderly protect the skin, because they don’t...
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Triticale is the crop of the future
Date: 2016-08-16 10:19:14
Thanks to its wide range of good characteristics, triticale is becoming more and more important as a feed grain – our magazine learned at an international conference in Szeged. This...
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The trade association proposes to establish a fund to support the retention of labor force
Date: 2016-08-15 11:50:33
The Hungarian National Retail Federation (MNKSZ) welcomes the fact that the government is examining the possibility to establish a fund to support the retention of labor force. The MNKSZ responded...
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KSH: agricultural producer prices increased by 1.5 percent in June
Date: 2016-08-15 11:45:42
Due to the 3.5 percent rise in the price of crop products and the 1.8 percent price decline of live animals and animal products, the agricultural producer prices increased by...
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Livestock farmers suffered significant losses
Date: 2016-08-15 11:40:39
Due to the the increase in feed prices and a simultaneous decrease in the purchase price of animal products considerable losses occured in recent months to the classic livestock sectors,...
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The VOSZ also supports the contribution reduction ideas
Date: 2016-08-15 11:30:09
The National Association of Entrepreneurs and Employers (VOSZ) also supports the idea of Varga Mihály, Minister for Economic Affairs about the contributions reduction proposal – the advocacy organization announced on...
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New purchasing manager at CO-OP Hungary Zrt.
Date: 2016-08-15 11:28:41
Szabó Attila was appointed as the new purchasing manager of the CO-OP Hungary Zrt. from 1 August 2016. The newly appointed leader, earned his degree at the Corvinus University of...
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Negotiations are continuing about the wiring costs of the vending machines
Date: 2016-08-15 11:27:53
By September, all the questions may be cleared about the wiring costs of the vending machines – the president of the professional association of entrepreneurs operating the machines said –...
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The Hungarian growth is not enough to catch up
Date: 2016-08-15 11:22:16
The growth of the gross domestic product (GDP) in the second quarter of 2016 surprised the analysts, but the 2.6 percent growth indicator is deceiving. If it is cleaned off...
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The Heim Pál Children's Hospital Foundation is collecting money for lifesaving breathing machines
Date: 2016-08-15 11:12:34
Every year 270-300 children with severe, life-threatening condition are healing at the country's largest pediatric institution, hence there is an absolute need for more modern breathing machines. There are a...
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NAV: gifts are tax-free at festivals
Date: 2016-08-15 11:05:36
Gifts given at festivals are tax-free, up to 10 percent of the total costs – was published by the National Tax and Customs Office (NAV) on its website. The Tax...
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1.25 billion HUF application to establish electric charging stations
Date: 2016-08-15 11:04:22
The Ministry of National Economy’s (NGM) application to establish electric charging stations was published on Monday. For the 1.25 billion HUF non-refundable settlemets with more than 15 thousand inhabitants can...
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Which is greater: Nike or Adidas?
Date: 2016-08-15 11:03:40
Many people are not entirely clear that which sporting goods manufacturer is larger: Nike or Adidas? Nike's revenue has been higher than the revenue of Adidas, in recent years this...
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The automation trend prevails
Date: 2016-08-15 09:10:17
There is increasing interest in automatic solutions in the fields of warehousing and logistics, in spite of the fact that only a few Hungarian companies have the necessary budget for...
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Magazine: The world’s packaging industry met in Budapest
Date: 2016-08-15 07:13:03
At the end of May 2016 the World Packaging Organisation (WPO) held its spring meeting in Budapest. The host was Hungarian member organisation, the Hungarian Association of Packaging and Materials...
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The Hungarian economy increased better-than-expected
Date: 2016-08-12 11:45:38
In the second quarter the gross domestic product (GDP) increased by 2.6 percent compared to the same period of the previous year after a 0.9 percent rise in the first...
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Raspberry production may cease in Hungary
Date: 2016-08-12 11:35:35
Hungarian raspberry may disappear from the market, because according to the producers it is less and less worth to deal with the large labor-intensive manual activity – Magyar idők wrote...
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Analysts: the better than expected GDP data can improve the economic performance of the entire year
Date: 2016-08-12 11:33:34
The growth of the gross domestic product (GDP) in the second quarter was significantly higher than the expectations of the analysts, so the average performance of this year can be...
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Summer harvested crops reached yields records
Date: 2016-08-12 11:30:28
Winter wheat, barley and canola reached record yields this year – Nagy István Parliamentary Minister of State of the Ministry of Agriculture said on Friday in Hajdúböszörmény at the press...
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Special tax could hit the Sunday afternoon opening hours
Date: 2016-08-12 11:25:30
Népszabadság informs that the Sunday opening hours would be regulated by the law – portfolio.hu wtote. If a shop would remain open longer it would receive a special tax. The...
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Russia extends the destruction of embargoed food by the end of next year
Date: 2016-08-12 11:20:52
The Russian government extended the destruction period of imported embargoed food until 31 December 2017 – according to a government decree released on Friday. In August 2014, Russia introduced an...
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Robots will pack the fruit
Date: 2016-08-12 11:13:49
Agricultural technology companies presented interesting novelties at Forbes magazine’s AGTECH conference this year, including a robot arm, equipped with ultra-soft manipulator that can replace human labor in the packaging of...
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Chamber of Agriculture: happy farmers after the harvest
Date: 2016-08-12 11:10:23
After the completion of this year's harvest, farmers are satisfied with the crop, yield and quality – Süle Katalin, the spokeswoman for the National Bureau of Agricultural Economics Association (NAK)...
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Many wild and ornamental plants have more nutritional value than their cultivated counterparts
Date: 2016-08-12 11:04:53
Many wild and ornamental plants have more nutritional value than their cultivated counterparts, Meredith said. “For example, wild spinach [also called lamb’s quarters] is a common garden weed with more...
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Good results for the German economy
Date: 2016-08-12 11:04:01
The German economy’s performance expanded at a higher pace in the second quarter than it was expected by experts. In quarterly adjusted terms, Europe's largest economy and economic powerhouse grew...
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Stagnant retail sales in the US
Date: 2016-08-12 11:03:13
U.S. retail sales were stagnant in July, neither gaining much nor losing much, according to the Census Bureau on Friday. Without the sales of cars—which have been an important driver...
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Food products were the most frequently advertised in May
Date: 2016-08-12 10:44:48
In May 2016 television commercials for groceries reached the most 18-49 year old viewers, as their GRP was 30,813 points, 6 percent higher than in last May. The GRP shows...
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Trends in neighbouring countries: a mixed picture
Date: 2016-08-12 09:44:58
FMCG value and volume sales were up in Romania, Serbia, Slovakia and Slovenia. Volume sales practically stayed put in Austria and Croatia. Average prices dropped in Romania, Slovakia and Slovenia,...
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