News and articles
FM: the EU is satisfied with the Hungarian precautions against avian influenza
The European Union’s food health commissioner is satisfied with the Hungarian authorities’ precautions against avian influenza. Vytenis Andriukaitis EU commissioner indicated that Hungary can continue to count on the financial...
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Continuing strong investment activity and cautious confidence characterizes the agri businesses
Most of the agricultural business decision-makers expect an improvement in their Management environment in the next 12 months – according to the Takarék Agrárhangulati Index (Savings Agricultural Mood index) of...
Read moreAnalysts: the trade surplus remains high, but is less than last year’s record
Because of the consumption and investment growth, as well as the expected rise in international oil prices, last year’s record-sized trade surplus is unlikely to be repeated this year, but...
Read moreBorjour Magnum kétszáz pincészet boraival
Ismét a Millenáris park B csarnokában rendezték meg a Borjour Magnumot: az ország legnagyobb borkóstolóján 200 pincészet mutatta be több mint 600 borát. Visszatért a Millenáris parkba az ismét egy...
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The donuts festival in Nagykanizsa will be expanded to two days
The ninth National Carnival Donut Festival of Nagykanizsa will be held at a new site and this year the event will be expanded to two days on 24 and 25...
Read moreDeterioration in consumer sentiment in the US
Due to the worsened outlooks consumer confidence turned pessimistic in the US in February – University of Michigan’s usual monthly survey reveals. The consumer sentiment index decreased to 95.7 points...
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Durex manufacturer bought a baby food production company
The British Reckitt Benckiser on Friday agreed to acquire the US baby food manufacturer Mead Johnson for 16.6 billion USD – portfolio.hu wrote. According to the announcement, Reckitt the manufacturer...
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Competitive Hungarian turkey
In November the Hungarian Turkey Association organised its annual conference. Participants learned that Hungary is one of the biggest turkey eating nations. Representatives of the association told: there will always...
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Our agri-food export to Greece has seen better days
Hungary used to export agri-food products in the value of EUR 150 million to Greece after our accession to the European Union, but our direct export has reduced by half...
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Magazine: Greener packaging trends
According to Imre Hopka, managing director of Wanapack Papírfeldolgozó Kft., the challenge ahead of packaging industry companies is to manufacture the lightest box possible, which at the same time offers...
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Nielsen: Hungarians spend the most on travel on the Internet
The boundaries between traditional and online shopping platforms are more and more blur, and those consumers who have already purchased a durable product or service on the internet, typically more...
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FM: reduced VAT on fish and game meat
The Ministry of Agriculture initiates the VAT reduction of fish and venison to 5 percent – agrarszektor.hu wrote. The aim would be to reach more customers with these products. The...
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Avian influenza: the government has to take measures to avoid market loss
The government is investigating the possibility of further measures, because in addition to the current measures the market participants, such as poultry processors need more help. Lázár János Minister leading...
Read moreCIB Fund Management: Hungarian economic growth this year will be above 3 percent year on year
According to the CIB Fund Management, the Hungarian economic growth will be above 3 percent this year, while inflation will be between 2-3 percent. Hajdu Egon, investment director at the...
Read moreVinCE Budapest Wine Show: the stars of the international wine world in Budapest
The 8th VinCE Budapest Wine Show brings many outstanding figures of the international wine world as the lecturers of master classes between 17 and 19 March to the Corinthia Hotel...
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KSH: trade surplus was almost 10 billion euros in 2016
The foreign trade turnover surplus was 9.978 billion euros (3107 billion HUF) last year after the 8.595 billion euros of 2015 – the Central Statistical Office (KSH) announced its first...
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Hungarian chili won two first places
Nagy Gábor chili producer from Nagymaros has became a World Champion with his self-made chili sauce. The product called Gabko Chili won first place in two categories at the 10th...
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MNB: 38 thousand enterprises received favorable financing in the growth loan program
In the three stages of the growth loan program, since June 2013, 38 086 enterprises received favorable financing in a value of 2652 billion HUF – was published on the...
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Promising Russian-Hungarian regional economic cooperation
The Russian-Hungarian regional economic cooperation is a promising opportunity for Hungary – the Minister of Agriculture told MTI by phone after his visit to Smolensk county. Fazekas Sándor reminded that...
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NÉBIH: Do not consume too much chia seed!
Although the chia seed is a hit product, the sales of the products need to meet strict conditions. For example it can not be sold in bulk or mixed into...
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Half a million Dutch cows to be slaughtered
Up to half a million dairy cattle can be killed this year by the Dutch livestock farmers because placing an excessive amount of manure threatens the natural waters – agrarszektor.hu...
Read moreChanges in subsidies tied to production
The conditions of subsidies tied to production and greening are going to change next year, so that farmers will be able to comply with the rules more easily. For instance...
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European retail chains getting stronger
In Q3 2016 the sales revenue of European retail chains increased – according to a report by Moody’s Investors Service. Moody’s vice president Vincent Gusdorf told: the good performance is...
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The goal is to improve the situation of farmers
In order to improve the situation of farmers, Brussels should reform the policy framework of the supply chain, fight unfair trading practices and facilitate accessing financial resources – stressed the...
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Mohács abattoir nears completion
The test run of the new, HUF 20-billion Mohács abattoir – built by Market Építő Zrt. for MCS Vágóhíd – started in November. Production will commence in the first quarter...
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Procurement community was formed in the Tokaj wine region
The Council of the Tokaj Wine Region has launched the Tokaj Wine Region Procurement Community. The non-profit Ltd. owned by the council operates the procurement system that is available for...
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Sixty Príma stores are operating with renewable energy
Sixty Príma grocery stores are using a power entirely from renewable energy sources as a result of the strategic cooperation concluded by the MVM Partner Zrt. and the CBA Kereskedelmi...
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Strategic agreement between the Russian Ruszprodszojuz and the National Chamber of Agricultural Economics
The Russian food industry manufacturers and Distributors Association (Ruszprodszojuz) and the National Association of Agricultural Economics (NAK) signed a cooperation agreement which aims to develop and strenghten trade and investment...
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The Alföldi Tej develops a milk plant in Debrecen with a 12 billion HUF investment
The Alföldi Tej Kft. develops a new processing plant in Debrecen with a 12 billion HUF investment. As the result of the investment, 181 new jobs will be created –...
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Cheap pre-financing can compensate the delay in payment tender
In a few weeks the European Union’s tenders will start. The remaining tenders of the 2014 to 2020 budget period should be published by the end of March. The Prime...
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