News and articles

The hotel association expects a stronger summer season than last year

The Hungarian Hotel and Restaurant Association (MSZÉSZ) expects a stronger summer season than last year. In the first five months of the year, both the total gross sales both overnight...

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Agrárium 2016: agricultural registry

Farmers could fill out the Agrárium online questionnaire until 29 May and those who failed to do this will have to answer the questions of registry officers between 1 June...

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OTP plans to increase share in the financing of agriculture

Instead of the present 16-17 percent, OTP Bank plans to increase its share to 20 percent in the financing of agriculture by 2020. The bank prefers the crop farming segment...

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Magazine: SMART conference 2016: an abundance of innovations

Budapest was the host of the international SMART conference, where new technology startups and technological solutions had the chance to introduce themselves. Endless and the Hungarian Association of IT Companies...

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Magazine: Polish puzzle waiting to be solved

From time to time the news spreads that Polish produce (apple, potato, etc.) is dumped on international markets, causing price reduction and driving Hungarian produce out of these markets. It...

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The Hungarian dairy sector receives three billion HUF support from the EU

The European Union on Monday decided on the new support package of 500 billion euros for the milk sector. Hungary will be given 2.7 percent (9.5 million euros) of the...

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Food trade’s TV spots reached the highest number of viewers in June among the product categories

The longest average daily TV watching time was measured within the age group over 60, while the the 18-29 age group watched the TV the least. On list price, advertising...

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FM: melon-growing area increased significantly

The National Watermelon Program (launched in 2011) is very effective. The melon-growing area of Hungary, has increased significantly since then, now it is around about 6 thousand hectares – Nagy...

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Hungarians ask cider at the festivals

Ciders are getting more and more popular each year at the festivals, but this year’s number of visitors broke records and the Football Word Cup also gave an impetus to...

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The supermarket chains buy melons from Hungarian suppliers

Tesco buys exclusively watermelons from Hungarian suppliers from 18 July again. The Auchan follows the example as well as Lidl, Aldi, the CBA, the Metro and Spar will only sell...

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Raiffeisen: economic growth will be 2.2 this year and 2.7 percent in the next year

The analysts of the Raiffeisen Bank expect a 2.2 percent economic growth for this year a 2.7 percent for the next year and 2.9 percent for 2018 – Török Zoltán,...

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FM: The development of the national pálinka strategy may begin this year

The development of the national pálinka strategy may begin even this year – Gál Péter, Deputy Minister of State for the Ministry of Agriculture (FM) told in Budapest on Tuesday,...

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Another three billion forints invests in BAT in Pécs

One of the world's largest tobacco company, the London-based British American Tobacco group significantly expands its capacities and creates 200 new jobs in Pécs with a three billion HUF investment...

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The VIP Zoo Walk of the Real Nature Kft. had many surprises this year again

Why do we need a hair net among the bats? What and how the hippos and giraffes eat? Among other things, those who took part at the traditional Real Nature...

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German and Euro Zone business sentiment deteriorated heavily

As the result of the Brexit business sentiment worsened in Germany and in the euro zone in July much stronger-than-expected – according to the Mannheim-based ZEW (Zentrum für Europäische Wirtschaftsforschung)...

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Barley was domesticated on the current territory of Israel

On the basis of genetic analysis of 6,000-year-old seeds found in the Judean desert, an international team of researchers believes that barley was domesticated on the current territory of Israel...

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Online Retailers of the Year announced

SzEK.org, eNet and IVSZ’s 18-member jury selected the best online retailers of the year for the 10th time. In the SME category light source online store Lumenet finished first. The...

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More than 175,000 funding applications submitted

By midnight 23 May 175,355 standard funding applications were submitted for 5 million hectares of land to the Agricultural and Rural Development Agency (MVH). Applications can still be sent between...

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Vast majority of institutions are likely to be closed with a legal successor named

The government has published its decree on which background institutions of various ministries – there are more than 50 – are about to undergo a restructuring. For instance the Agricultural...

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Magazine: ULINK 2016

How time flies! ULINK members have met for the ninth time – former Unilever workers (who used to have their own club called VUKK) and current employees of the company...

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The EU approves another 500 million euros market support package for the milk producers

Phil Hogan EU Commissioner responsible for Agriculture announced a new 500 million euros market support package to help the milk producers – Czerván György, Minister of State told at a...

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Eight million kilograms of domestic watermelon in the Tescos

Tesco buys exclusively watermelons from Hungarian suppliers from July 18 to again. In addition to the 8 million kilograms of domestic watermelon, this year, the chain will export the same...

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The harvest is expected to be completed by the beginning of August

Farmers in the country expect to complete harvest by the beginning of August, if the weather remains favorable and no rain occurs – the President of the National Grain Producers...

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Huge amount of cash in the economy

On 1 January 2016, 425 million banknotes and one and a half billion coins were in the economy in Hungary. The government could also gain one hundred billion HUF amount,...

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New CEO at the Nemzeti Dohánykereskedelmi Nonprofit Zrt.

Gyulay Zsolt, CEO leaves the Nemzeti Dohánykereskedelmi Nonprofit Zrt. (National Tobacco Trade Nonprofit Zrt.) The new CEO has become Esküdt Gábor – the Ministry of National Development (NFM) told MTI...

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Disappear recommended for diabetics food labeling

From July 20, labeling of foods recommended for diabetics disappears, for example, the often used orange circle. The majority of diabetic food manufacturers used separate labeling – including the orange...

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The Book of Wine Excellences showing white and rosé wines has been published

Two hundred and ninety wines have been included to this year’s third volume of the Book of Wine Excellences in 2016. The publication of the Ministry of Agriculture (FM) was...

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Five days of music and wine – the 11th Spa Wine Festival begins on Wednesday in Bükfürdő

The 11th Spa Wine Festival and Gastro Festival to be held between July 20-24 in Bükfürdő. Two music stages historical dishes and numerous wineries are awaiting for the guests. Festival...

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A new service will be introduced at the domestic online industry auctions

A new service will be introduced at the domestic online industry auctions. Customers can fill out an online form after the registration, which gives details of the main items that...

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The Hungarians are real e-travelers

65 percent of the Hungarians consider Internet as a useful tool. During the planning of their holidays 87 percent of them connect to the internet, while the wi-fi access is...

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