News and articles
Raspberry production fell significantly
The harvest of raspberries has begun, and although the taste of Hungarian raspberry is excellent, yet fewer producers on less area are dealing with this fruit – according to the...
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Japan is the main target country of the Hungarian food exports outside the European Union
Japan is the main target country of Hungarian food exports outside the EU, and this is why Japan has become this year’s guest at the National Agriculture and Food Exhibition...
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A campaign to promote rabbit meat consumption has begun
Events, promoting rabbit meat consumption as well as tastings will also be part of the national campaign launched in June – Nagy István, Parliamentary Minister of State of the Ministry...
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Hungarians support the reduction of cash
Sixty percent of the Hungarians agree that the shadow economy can be reduced in Hungary by increasing electronic payment solutions and reducing cash – portfolio.hu reported the latest Mastercard research....
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NAK: it is important when the support comes to the farmers
The practice of the Hungarian agency for paying agricultural subsidies and EU law should be brought closer, as several cases were filed at the EU court when the paying agency...
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The Waberer’s would spend 32 million euros on the acquisition of the Link Carrier Company
From the stock sales (190 million euros) of the Waberer’s International Zrt., about 32 million euros will be spent on the acquisition of the Polish Link Carrier Company, while the...
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Netpincér’s parent company goes to the Stock Exchange
Netpincér’s parent company, the Delivery Hero, will be introduced into the stock exchange – portfolio.hu wrote. The amount from the issuing of the new shares will be primarily spent on...
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The Amazon is buying a supermerket chain
Amazon.com Inc. will acquire Whole Foods Market Inc. for 13.7 billion USD, a bombshell of a deal that catapults the e-commerce giant into hundreds of physical stores and fulfills a...
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China is expanding in Africa
The African-Chinese economic and trade network is expanding at a significant pace. African exports are essentially raw materials, while goods already processed are coming from China, but this is only...
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Slovakia’s agri-food foreign trade
Slovakia is the second most dynamically developing economy in the region. The inflation rate was -0.3 percent in both 2015 and 2016. Slovakia’s level of indebtedness is a bit above...
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German multinationals want standardised online identification
Leading German multinational companies wish to develop a multi-industry technological platform that would make standardised online registration, electronic identification and other data services available to companies. The new solution could...
Read moreAgricultural investments expanded dynamically in the first quarter
The investments of farmers in the first quarter of this year have increased significantly, which has a positive impact on the competitiveness of the sector – the Ministry of Agriculture...
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Nearly 900 billion HUF for agri- and rural development grants in 2018
In next year’s budget, the amount of agricultural and rural development funds is close to 900 billion HUF, 51 billion HUF more than this year – the Minister of Agriculture...
Read moreDeputy MInister of State: Strong producer communities are needed for the development of vineyards
The development of vineyards requires strong farming communities – Gál Péter, Deputy MInister of State of the Ministry of Agriculture (FM) said on Friday at the Budapest European Conference of...
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The culinary revolution continues with premium beers
This year, the Staropramen Taste Works campaign was launched, which aims to introduce the concept of beer gastronomy in Hungary. The success of the initiative was unthinkable a few years...
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The Sága Foods Zrt. invests 600 million HUF for developments this year
The Sárvár-based Sága Foods Zrt. devotes six hundred million HUF for developments this year. The company will primarily upgrade the packaging and the production of ham products – the CEO...
Read moreGarantiqa: Every second small business plan to invest
One third of domestic micro-enterprises, more than half of small businesses are planning to invest in the next year, according to the nationally representative survey of the Garantiqa Hitelgarancia Zrt.,...
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A spice plant was inaugurated in Nagytarca
The Innovofoods Zrt. handed over a production plant capable to produce 10 tonnes per shift in Nagytarca. The company producing self-developed soup powders, special spices, pudding powders, instant coffees and...
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Consumer prices in the euro area and in the EU increased at a slowing pace in May
Annual comparable consumer prices increased in the euro area and in the European Union in May. According to figures, published by the European Union’s Statistical Office (Eurostat) on Friday, consumer...
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Italian beauty care and cosmetics
Hungary hosted the “Italian Beauty & Care Day” event for the first time, which took part at the Boscolo Hotel in Budapest. The organizer of the event was the ICE-Agenzia...
Read moreThe NAV seized more than seven million HUF worth untaxed cigarettes
The National Tax and Customs Administration’s (NAV) finance officers found about seven thousand packs of untaxed cigarettes at the Kőbánya Railway Station Two men wanted to transport the cigarettes with...
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The deficit of the Romanian agro-foreign trade balance was around 75 percent in the first quarter
In the first quarter, the deficit of Romania’s agricultural and foreign trade balance grew by almost 75 percent to 460.37 million euros, according to the data of the Romanian Ministry...
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Several hundred tons of canned cheese for soldiers in Jordan
Hungarian group Kőröstej supplies the 100,000 soldiers of the Jordanian army with canned cheese. Only last years the soldiers ate several hundred tons of Buda cheese. Kőröstej sends the cheese...
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Anti-food waste practices to be rewarded at OMÉK
At the 78th National Agriculture and Food Exhibition (OMÉK) – to be held between 20 and 24 September 2017 – the best practices in fighting food waste will be rewarded....
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Magazine: The most influential retail trends in 2016
How did Hungarian FMCG retail perform in 2016? Value sales improved by 2.8 percent if compared with the 2015 level. Volume sales dropped 1.1 percent and prices augmented by 3.9...
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Good quality melon will be harvested this season
Thanks to the long-lasting warmth, the Hungarian melon production will have a good quality this year again – the National Agricultural Chamber (NAK) told MTI. In Hungary – basically because...
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Price difference between the EU Member States is almost threefold
There were very big differences in the price level of goods and services in the various Member States of the European Union last year: Denmark was the most expensive and...
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Lidl Magyarország is among the best employers
The employer activity of Lidl Magyarország was rewarded with another award. The German-Hungarian Chamber of Industry and Commerce (DUIHK) handed over the “Reliable Employer 2017/18” award last week. The German-Hungarian...
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The main prize of the Nádudvari sweepstakes was announced
The main prize of the Nádudvari sweepstakes was handed over to the lucky winner Szabó Pál on 7 June. The main prize was a one week holiday in Hajdúszoboszló for...
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MNB: almost two-thirds of the card purchases were contactless payments
The expansion of electronic cash flow in the first quarter of 2017 continued to rise: contactless payment has become dominant, 63 percent of the purchases were carried out this way,...
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