News and articles
The Vajda-Papír Kft. is building a new plant in Dunaföldvár
The Vajda-Papír Kft. which manufactures hygiene paper products is building a paper manufacturing plant with a greenfield investment of 11 billion HUF in Dunaföldvár. Kitchen towel manufacturing machine at the...
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The national trading house promotes innovation with Hungarian startups in Paris
The national trading house promotes the innovation and business environment of the Visegrád four (V4) countries and in particular, Hungary’s innovation and business environment and the potential of the region...
Read moreThe NGM launches a labor safety campaign for agricultural workers
The Ministry of National Economy (NGM), in cooperation with the National Agricultural Chamber (NAK) and the Szent István University, is launching a two-year national labor safety campaign focusing on the...
Read moreThe wine of Somogy county came from Balatonlelle
The 2015 vintage “Kokas-hegyi chardonnay” wine of the Pócz Winery of Balatonlelle was selected for this year’s wine of Somogy county in Kaposvár. The Somogy County government informed MTI that...
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NGM: the SMEs have won 14.5 billion HUF grant
590 micro, small and medium-sized enterprises (SMEs) won a total of 14.5 billion HUF for the strengthening of competitiveness for the implementation of investments and for the development of research....
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FM: this year’s farm development proposals will appear soon
This year’s Farm Development Program proposals will appear soon. The proposals for this year’s Farming Development Program will be available with a budget of 1 billion 225 million HUF –...
Read moreCigarettes were smuggled with drone
The Romanian authorities seized a cigarette consignment sent from Ukraine to Romania on Sunday dawn – the Romanian border police said on Monday. The Romanian border police noticed on Sunday,...
Read moreEuler Hermes monitors country risks in 241 countries and territories, Hungary is still a high risk country
The ratings aim to assess the risk of non-payment by companies in a given country, and thereby support our clients in making informed decisions about their international business activity. Our...
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Hungary’s agri-food export exceeded 8 billion euros once again
In 2016 our agri-food export went above EUR 8 billion again. Agri-food export increased by 1.6 percent and contributed to the nation’s total export with 8.6 percent. Although import grew...
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Online invoicing will start next year
With the debut of online invoicing, 1 July 2018 is likely to bring another phase in the process of whitening the economy. The ministry wants a system that creates little...
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Cetelem: Hungarian consumers are pessimistic, but they are planning despite pessimism
The Hungarian customers are among the pessimistic customers in Europe, but this is not supported by market trends, as according to the central bank’s figures, last year, 60 percent more...
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A national campaign was launched to promote rabbit meat consumption
A national campaign was launched to promote rabbit meat consumption at the Auchan store in Budaörs. At the event Nagy István, Deputy Minister of Agriculture and the main patron of...
Read moreFAO: the value of food imports is growing
The international market for basic crops is balanced, wheat and corn are abundantly available, while oil seed production is re-energized. However, due to transport costs and an increase in the...
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Poultry can be exported from seven counties from Saturday to Russia
From Saturday the Russian federal animal health and plant protection service (Roszszelhoznadzor) has re-licensed the imports of live poultry and egg from seven Hungarian counties, the Kommersant daily reported. The...
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NAK: By 2013 the businesses can self-revise their membership fee obligations
According to a decision made by the National Chamber of Commerce in May, the new members in the membership register who are not engaged in agricultural activities can again be...
Read moreTwo Hungarian Trophy awards at one of the world’s biggest wine competitions
Two Hungarian wines, the Tornai Winery’s 2015 vintage Premium Juhfark and the Tokaj’s 2013 vintage 6 butt Tokaji Aszú won this year’s highest recognition, the Trophy Prize at the International...
Read moreMore than 22,000 students study in the Hungarian agrarian training system
More than 22,000 students study in the Hungarian agricultural training system, taught by about 3,000 teachers across the country at 63 sites of 48 agricultural training schools – the Managing...
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Things that we don’t know about beer or we knew it wrong
A glass of milk or fruit juice contains more calories than a glass of beer, which is not always recommended to be served cold and is not always recommended to...
Read moreIKEA’s new store will open next week in Soroksár
IKEA’s third store in Hungary will be opened on June 14. The store was built with a 17 billion HUF investment in Soroksár – Varga-Nagy Eszter, communications manager of the...
Read moreBudapest Airport: every opportunity has been given to expand the freight business
According to Budapest Airport, in contrast to the other EU airports, every opportunity has been given to expand the freight business at the Liszt Ferenc International Airport, so in the...
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Magazine: Bites in portions
The pet food market has been expanding for years. More and more cat and dog owners are feeding their little favourites with special food that contains vitamins and minerals, instead...
Read moreKSH: inflation declined to 2.1 percent in May
Consumer prices were an average 2.1 percent higher in May than in the previous year, inflation slowed down by 0.1 percentage point from the 2.2 percent of April. Compared to...
Read moreChamber of Agriculture: the demand for Hungarian cherries may be bigger in Europe this year
This year, the demand for Hungarian cherries maybe higher than in previous years, as the yields in Poland fell considerably due to May frosts, the National Chamber of Agriculture (NAK)...
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VAT on pork offal may fall to 5 percent next year
The VAT rate on pork offal may fall to 5 percent next year if the Parliament accepts the amendment supported by the Parliament’s Legislative Committee on Thursday. The committee voted...
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Export value declined in April
In April, exports in euro were 1.6 percent lower, while imports were 0.4 percent lower than in the same period of last year, after the 19.0 and 21.3 percent increase...
Read moreTesco: another 1 billion for HUF for wage increase
Today, Tesco announced another 1 billion HUF wage increase in Hungary. The salaries of most employees in the company’s entire department stores and warehouses – 70 percent of the active...
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Hundreds of people celebrated the Milk World Day
The World Milk Day is celebrated in nearly 160 countries traditionally for decades. This year the event was organized on 7 June by the Milk Interprofessional Organization and Product Board....
Read moreK&H: SMEs expect greater profit growth
Small and medium-sized enterprises (SMEs), as in the previous quarter’s survey, expect a 5.5 percent increase in sales. The SMEs expect a profit growth of 3.6 percent in the following...
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The products of Scitec Nutrition were given unique identifiers within a one billion HUF investment
With a nearly one billion HUF investment, all Scitec Nutrition products were given unique identifiers. With a single read it can be detected what materials were used, when it was...
Read moreThe Somogyi Wine Festival begins
With the wine dinners of the restaurants, the first Somogyi Wine Festival begins in Kaposvár today. At the four-day event created by the county government, the city government, the National...
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