News and articles
Consumer prices grew by 2.3 percent in January
Consumer prices increased by an average of 2.3 percent in January, comapred to the previous year – the Central Statistics Office (KSH) announced. Compared to December last year, consumer prices...
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The Gyulahús Kft. increased its revenues last year
Despite the Russian embargo and the drop in British pound, the local government-owned Gyulahús Kft. was able to increase its revenue by five percent last year. The company this year...
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Szijjártó Péter discused about the possibilities of the Hungarian food export expansion in Japan
Szijjártó Péter, Foreign Economic Relations and Foreign Minister negotiated about the expansion of Hungarian food export to Japan and about Japanese automotive investments in Hungary on Tuesday in japan. Szijjártó...
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Slower growth in the EU and in the euro area
Compared to the flash estimate, the economies of the euro area and the European Union grew slower in the fourth quarter of last year – according to the second estimate...
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Dr. Csikai Miklós has become the Agricultural Personality of the Year 2016
The Agricultural Personality of the Year award was handed over. The winner of the award has become Dr. Csikai Miklós, while the audience award was given to Szeder Attila. The...
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NGM: 547 billion HUF development funds for the counties
Decisions will born soon on the usage of the 547 billion HUF development funds of the Town and Regional Development Operational Programme (TOP) for the counties – Rákossy Balázs, Minister...
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Intersport is developing in Hungary
The Intersport started a store refurbishment program in Hungary in a value of more than a million euros (about 308 million HUF). The investment will bring new jobs – the...
Read moreConsortium develops technologies used in pig breeding
A consortium established by Bóly Zrt., Kaposvár University and Debrecen University sets out to develop – until 2020 – crop farming and livestock feeding technologies that can result in producing...
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Moderate optimism in the commercial real estate market
According to a survey conducted by GKI in October 2016, a sort of insecurity has started to manifest in the office space market. The utilisation level was increasing in and...
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Ministry proposes reasonable self-regulation in the dairy sector
The Ministry of Agriculture has proposed solidarity-based, reasonable self-regulation to every actor in the dairy sector. One of the main tasks is the development of the processing industry, for which...
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A new, nourishing VALDOR meat product
A new, nourishing VALDOR meat product is going to be available in shops soon: Breaded chicken lower thigh filet tastes like it was home-cooked!...
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Magazine: 2017 promises a tax revitalisation
Deloitte’s experts analysed the most important changes entailed by the latest tax package. Zoltán Pankucsi, director of Deloitte’s tax advisory division called attention to the fact that a new element...
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You can still register for the conference Building a brand at the workforce
On 22nd February, on Wednesday, the owners and marketing experts of Superbrands and MagyarBrands-awarded companies are going to meet up in order to share experience and knowledge, and discuss various...
Read moreThe increase in oil prices increases the price of agricultural products
Cereal prices may increase significantly, or at least the recently seen rise in oil prices forecasts this trend – portfolio.hu wrote. In the former agricultural inflationary cycles the oil price...
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250 mangalica frams are operating in Hungary
The traditional animal breeding methods – like mangalica – have a priority nature conservation importance, are part of the Hungarian landscape and ethnographic traditions linked to them. They are part...
Read moreThe European Commission expects a 3.5 percent growth for Hungary in 2017 and a 3.2 percent growth for 2018
The European Commission expects a 3.5 percent growth for Hungary this year and a 3.2 percent growth for the next year. The European Commission published its winter economic forecast for...
Read moreHNT: the permanent frost caused damages to the grapes
According to a preliminary survey conducted by the National Council of Wine Communities (HNT) due to the unusually harsh frost in January, this year’s grape production is significantly reduced. Légli...
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Agrarian Chamber of Commerce: fragmented food industrial higher education
According to the vice president of the National Association of Agricultural Economics, food industrial higher education is taking place at several locations in Hungary, so the latest technology can be...
Read moreThe GSI Hungary Kft. is expanding its agricultural machinery factory in Biatorbágy
The GSI Hungary Kft. the regional center of the US GSI group is expanding its agricultural machinery factory in Biatorbágy. The company uses own funds amounting to 2.3 billion HUF....
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Evolution conference: Value creation in the digital and online world are the themes
The Evolution Conference is a key event in communications and business in Hungary. The conference will be held this year between 1 and 2 March. This year the organizers expect...
Read moreAgriculture and food industry are the main area of the Hungarian-Laos expansion of trade
The most important areas of the Hungarian-Laos bilateral trade expansion are agriculture and the food industry – said the Ministry of Foreign Affairs and Foreign Trade (KKM) after Szabó László...
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Smart phone for Valentine’s Day
In addition to sweets and rendezvous more and more people give a smart phone for their lovers for Valentine’s Day – privatbankar.hu wrote. Vodafone has carried out a survey among...
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European network helps the exporting of Hungarian companies
Enterprise Europe Network (EEN), established by the European Commission in 2008, is the world’s biggest business development network that helps European small and medium-sized enterprises in 63 countries. EEN’s 3,000...
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Increasing minimum wages
The government, employers and trade unions have reached an agreement on next year’s wages. In November Minister for National Economy Mihály Varga announced: next year minimum wages will grow by...
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EU-level voucher system
As of 1 January 2019 stricter and much more complicated rules will regulate the voucher system, because the European Union has adopted a directive aimed at harmonising and clarifying the...
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Magazine: New tax stamp rules
As of 1 January 2017 there will be great changes in the excise duty regulation. These changes are likely to affect – either directly or indirectly – practically all fields...
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Vegetable prices may increase further
The Spanish and Italian producers lost half of their harvest, due to the unusual inclement weather in Southern Europe, so the price of fresh vegetables, has doubled, sometimes tripled –...
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Reduction in VAT may boost fish consumption
The 5 percent VAT reduction of fish meat may boost the Hungarian aquaculture, the production of fishery products and promotes the growth of consumption – Németh István, president of the...
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Skills shortages in the food industry
The education system to be transformed with the entry of the dual method The skills shortage is a an obstacle in the development of food production business sector. According to...
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FruitVeB: great interest towards the Hungarian stand at the Fruit Logistica trade fair
High interest surrounded the Hungarian stand at the fruit and vegetable sector’s largest international event, the Fruit Logistica Exhibition in Berlin. Compared to the previous years, the Hungarian vegetable and...
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