News and articles
Hungary regarded as reliable business partner also in Asia
Hungary has been Hong Kong’s number one trade partner in the CEE region, and the existing mutual confidence may be further improved by Hungary’s participation in the “One Belt, One...
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Magazine: Digitally connected consumers
Digital device use is expanding dynamically in Hungary, for instance back in 2013 only 49 percent of internet users owned a smartphone, but by 2016 this proportion reached 80 percent. The...
Read moreThe output of agriculture grew by 48 percent between 2010 and 2015
The output of Hungarian agriculture increased by 48 percent between 2010 and 2015, while its gross added value grew by 85 percent between 2010 and 2015 – Czerván György Minister...
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The FAO Food Price Index fell for the fifth consecutive year in 2016
The FAO Food Price Index* (FFPI) averaged almost 172 points in December 2016, unchanged from November with strong gains in the prices of vegetable oils and dairy largely offsetting a...
Read moreTesco is expanding the range of healthy bakery products
Tesco is selling 330 million pieces of bakery products in Hungary annually. As one of the busiest bakery of the country it is important for Tesco to provide more and...
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Csepreghy Nándor: Hungary is at the forefront in the use of EU funds
Hungary is ranked as the first among the Visegrád countries in the utilization of the European Union funds, while in the European Union’s 28 member states Hungary is among the...
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Agro-industrial export opportunities in focus
The 35th Agromash EXPO is a special event in the Hungarian National Trading House’s (MNKH), domestic professional event calendar this year. The 35th Agromash EXPO includes 300 exhibitors from 20...
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The bird flu outbreak affected 230 farms in the country
In recent months due to the bird flu, the killing of 3 million animals was ordered by the authorities in 230 farms, which means that 3 billion HUF worth stocks...
Read moreStrategy to increase the prestige of the wine of Somogy county
The strategy that intends to increase the prestige of the wine of Somogy county – especially in the Balatonboglár wine region – will be completed for the summer. The wine...
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Union: nearly two-third of the Hungarians do not save for retirement
60 percent of Hungarians do not save for old age. 67 percent of the 36-40 year old population has no savings for retirement – according to Union Insurance Group’s latest...
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AGROmashEXPO, the biggest agricultural trade exhibition in Hungary
AGROmashEXPO and AgrárgépShow (“agricultural machines show”) will again welcome visitors with a full house on 25-28 January, 2017. Occupying the entire area of HUNGEXPO Budapest Fair Center, over 300 exhibitors...
Read moreFM: we do not let GMO in
GMO cultivation is not the solution to climate change and other challenges. The impacts of GMOs are unpredictable – Fazekas Sándor told. The Minister of Agriculture about his experiences at...
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A tender was announced for agricultural training
An application was started for agricultural training in a value of 6.2 billion HUF – the Prime Minister’s Office announced on Wednesday. According to the notice, the application aims to...
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Used cars are more and more popular
The merger of Banif and Cofidis was completed on 1 January 2017. The French company has became one of the broadest offering bank in 2017 in the area of consumer...
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FM: there will be changes in the greening and production-linked subsidies
Changes will occur in the greening and production-linked subsidies this year when submitting the single application – Szentirmay Zoltán of the Ministry of Agriculture (FM) announced at a professional conference...
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The Regio reached nearly ten billion HUF turnover last year on the toy market
The Regio Játékkereskedelmi Kft. closed last year with an increase of 8 percent and 9.8 billion HUF turnover – the toy store chain told MTI on Wednesday. The biggest turnover...
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Unilever commits to 100% recyclable plastic packaging by 2025
Unilever today committed to ensuring that all of its plastic packaging is fully reusable, recyclable or compostable by 2025 as it called on the entire fast-moving consumer goods industry to...
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Registration for ISF conference started
All about what you should know before you start registering to the ISF World Seed Congress: eligibility to register, registration fees for delegates and accompanying persons, registration periods, registration inclusions....
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NAK Services Centre wants to give more
NAK wishes to expand the range of services offered by the Services Centre in Hajdúböszörmény. The chamber would like seed, fertiliser and pesticide companies, plus banks with loan products targeting...
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Magazin: Sirha Budapest 2018
Klára Tihanyi exhibition director Sirha Budapest 2018 At the 2016 Sirha Budapest – one of the most important food and HoReCa trade fairs in Central and Eastern Europe – 374...
Read moreA four and a half percent rise in retail sales
The retail trade turnover in November 2016 was 4.5 percent higher, compared to the same period of the previous year, both according to the calendar adjusted and raw data –...
Read moreNGM: retail trade may increase further through the wage agreement
Through the wage agreement adopted by the Government and the social partners last November, the minimum wage and the guaranteed minimum wage for skilled workers will significantly increase. According to...
Read moreKSH: last year’s harvest was record-breaking for corn and wheat
The average yield of corn broke a record last year, exceeded 8.6 tonnes per hectare, the total harvest was 8.8 million tons. According to the data of the Central Statistical...
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The popularity of malls has decreased
Over the past decade, the turnover generated by the secondary school students in the malls decreased by 30 percent, so an increasing number of shopping centers forced to close –...
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The EU would like to stabilize the higher milk prices
The past few months brought milk price increase globally. In Hungary, the national average producer price of raw milk was 88.65 HUF per kilo in December 2016. The average price...
Read more(HU) Fazekas: 2010 óta folyamatosan nő a magyar mezőgazdaság kibocsátása
Sorry, this entry is only available in HU....
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The AGROmashEXPO has begun!
HUNGEXPO is celebrating its 50-year anniversary in 2017. HUNGEXPO’s first exhibition this year is the the AGROmashEXPO Agricultural Machine Show, Hungarian Garden, Vineyards and Winery exhibition from 25 to 28...
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Brand new apple varieties are tested
The National Food Chain Safety Office (NÉBIH) introduced fifteen new resistant apple varieties from domestic plantations. If the type tests will be completed with positive results, the new varieties will...
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BlackRock’s Budapest innovation centre to create 500 jobs
US-based investment management company BlackRock is setting up an innovation centre in Budapest, creating 500 jobs, Péter Szijjártó, the minister of foreign affairs and trade, said on Wednesday. BlackRock’s innovation...
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Europe is becoming more severely threatened by climate change
Europe’s regions are facing rising sea levels and more extreme weather, such as more frequent and more intense heatwaves, flooding, droughts and storms due to climate change, according to a...
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