News and articles
The NAK offers more services
The National Agricultural Chamber (NAK) intends to continue to expand their services this year, such as IT developments will help the economists in nutrient management and in pest management. The...
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GKI: recruitment issues in Hungary
The GKI Gazdaságkutató Zrt. economy researcher in its November representative (987 respondent companies) survey revealed what are those issues for a company that is not able to recruit the right...
Read moreCompanies with billion HUF revenues are deleted weekly
Although the vast majority of the deleted companies are micro-enterprises, we should not forget about the terminated large companies, that have a small number, but play more significant role in...
Read moreVincent’s Day wine competition and wine tour in Somlószőlős
On the last Saturday in January, Vincent’s Day traditions will be revived on the Somló Hill. Saint Vincent is the patron saint of winemakers. On the occasion of Vincent’s Day...
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Only the plastic card is the valid ID card
The primary producers need to replace their paper IDs with plastic cards. From January, the new cards will be valid only. The National Agricultural Chamber considers the replacement of the...
Read moreRetail sales in the USA increased less-than-expected
A less-than-expected increase occured in retail sales in December in the United States – according to the report of the U.S. Census Bureau released on Friday. In December, the seasonally...
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The price of eggs may increase because of the avian influenza
The domestic producers raise the price of eggs because of the bird flu since supply is becoming tighter in the market. Végh László, President of the Hungarian Laying Hen Hybrid...
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Fazekas Sándor: it is important to provide cheaper access to basic foods
It is important that the people to have cheaper access to basic food products as well as to buy more Hungarian products; This is high priority in the government’s taxation...
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SPAR started the installation of the electric car chargers
The SPAR Group installed electric car-charging station into the INTERSPAR parking lot in Sopron. The company in the coming years will install the same tools near more hypermarkets, so all...
Read moreIncrease in Tesco Christmas sales
Tesco increased its sales over the Christmas period. UK’s largest retail network described its preliminary results in London on Thursday. UK’s largest supermarket group reported third-quarter sales figures, which covered...
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SPAR’s prize car found its owner
Porubszki Péter won the grand prize of the prize winning game of SPAR and Fonte Viva, the Fiat Tipo 1.4 16V passenger car. The winner already took the car home...
Read moreBusinesses are optimistic in 2017
The expectations of the companies are on historic peak. After the tax and contribution reduction plan the K&H SME confidence index reached its highest result of the past 12 years....
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The Hungerit poultry processing plant receives 1.8 billion HUF government support for export expansion
The Hungerit Baromfifeldolgozó és Élelmiszeripari Zrt. will be given 1.8 billion HUF non-repayable government support for the ralization of the company’s about 5.1 billion HUF will worth new investment that...
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The government decided to support the Széchenyi Card Program further
A decision was taken to further support certain constructions of the Széchenyi Card Program – according to the government’s decision published on Wednesday in the Official Gazette. The decision includes...
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Bocuse d’Or: the Tokaji wine also plays a role in the Hungarian team’s foods
Tokaji wine, Tokaj vinegar and walnut will also be included in the Hungarian team’s plate elements at the world finals of the Bocuse d’Or international cook competition on 24 -25...
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Euro area’s business confidence is on a five and a half year high
BCI (Business Climate Indicator) increased with a considerable extent by 0.38 points, to 0.79 points, which is the highest value of the past five and a half years in the...
Read moreRetail sales grew further in the Czech Republic
Retail sales in the Czech Republic increased by 7.9 percent last November, compared to a year before. In October, the growth was 2.0 percent – the Czech Statistical Office announced...
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CES 2017 Catapults a Connected World
CES® 2017, the 50th anniversary of the largest global gathering of innovation and connectivity, concluded today, introducing ground-breaking products, providing opportunities for companies in every major global industry to conduct...
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Low grape prices in wine regions
After this year’s grape harvest growers are complaining about low prices: in many wine regions grapes are purchased from growers at last year’s prices. For instance in the Sopron region...
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A record year in Hungarian foreign trade
The Hungarian foreign trade closed a record year in 2016 in all respects – Szijjártó Péter Foreign Economic Relations and Foreign Minister stressed. In response to the January-November 2016 foreign...
Read moreThe agricultural enterprises train their employees more and more consciously
The National Agricultural Chamber (NAK) and the Agricultural Research Institute (AKI) carried out the complex agricultural and food labor market survey of with the participation of one thousand businesses. According...
Read moreThe competitiveness of agriculture also depends on vocational training
The competitiveness of Hungarian agriculture depends mainly on the professional skills of the sector, the lack of professionals and the quality of education – emphasized the Minister of Agriculture on...
Read moreAnalysts: the growth of retail sales may accelerate further
Analysts told MTI that they expect a further increase in retail sales, due to the significant increase in real wages and employment growth. According to the first estimates of the...
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The domestic commercial real estate investments exceeded 1.7 billion euros last year
The volume of commercial real estate investment transactions amounted 270 million euros in the last quarter of 2016, so last year real estate purchases were implemented a value of more...
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New Generation strategy at the forefront
The Klépierre Magyarország – present on the Hungarian market for more than 10 years – closed year 2016 with a performance beyond the expectations due to its novel strategy. The...
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Wines from Tokaj and Eger won the Hungarian Wine Writers’ Award
The 2013 vintage Szent Tamás Furmint of the Szent Tamás Vineyards and Winery from Tokaj and the 2012 Bull’s Blood Grand Superior of the Thummerer Cellar from Eger won the...
Read moreThe corporate world became more compact in 2016
46 thousand companies were founded and 26 thousand companies were deleted in 2016. In terms of the number of companies the company structure continues to shrink for the third year....
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The number of Hungarian ewes is reducing for four years
The number of Hungarian ewes is reducing. The trend is lasting since 2012, and during that time about sixty thousand ewes fell off the register – Kukovics Sándor, Managing Director...
Read moreDomestic commodities trading in Hungary can grow by nearly 4 percent in 2017
In 2017, the volume of domestic commodities trading can be 3.8 percent higher than last year’s data in a year-on-year comparision. With a 4.4 percent increase in imports, export growth...
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Sunflower exports expanded, wheat exports fell
The export value of agricultural and food products reached 5887 million euros, while the value of imports amounted to 3764 million euros in the first three quarters of 2016, so...
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