News and articles
Peanuts can be grown economically in Hungary
Peanuts can be grown economically in Hungary ¬ the Agrársszektor agricultural trade portal states. At the beginning of the last century peanuts were added to the Hungarian agricultural flora, but...
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NGM: 30 thousand credit card acceptance terminals will be built by the enterprises from government support
This year, the number of debit card terminals will increase by 30 percent, due to the support program initiated by the Ministry of National Economy (NGM) – the ministry told...
Read moreMandatory nitrate reporting
Those farmers who live in nitrate polluted areas have to report detailed action program rules for the protection of waters against nitrate pollution between 1 January and 31 March. The...
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A growth in the euro zone’s merchandise trade surplus
The European Union’s statistical office, Eurostat calculated that in November 2016, the exports of goods of the euro zone to the rest of the world increased by 6 percent to...
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Serbian agricultural subsidies to expand
The Serbian government plans to spend 43.78 billion dinars instead of last year’s nearly 40 billion dinars. (1 dinar = 2,48 HUF) This is 8.11 percent of the budget- the...
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Interpack is a huge success
Markus Kosak, Exhibition Director of drink technology India, is pleased about the event’s success: “These results take this event to an entirely new level. dti has developed into the number...
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The EU is acting against the sales of dangerous products
The European Commission has tabled two legislative proposals to help businesses, and SMEs in particular, to sell their products within the European Union and to strengthen the controls of the...
Read moreThe food VAT cut is part of a process
The food VAT cut is part of a process that – depending on the performance of the economy – can continue in the future – Nagy István, the Minister of...
Read moreNutritional database on the Web
The nutritional database of distributed food products is not only available to professionals on the Ministry of Agriculture’s website, but it is available for the public. An important element of...
Read moreKSH: consumer prices increased by 0.4 percent last year
Consumer prices rose by an average 0.4 percent in 2016, compared to the previous year and in December were an average 1.8 percent higher than a year ago – the...
Read moreIpsos: the volume of domestic online purchases may expand by ten percent
In Hungary, the volume of online spending will increase by 10 percent in 2017, while the value of orders from foreign webshops is expected to increase by 19 percent –...
Read moreThe EU sold 76 percent more pork to China
According to the data of the European Commission, the European Union sold 26 percent more pork in the international market in the first ten months of 2016, compared to a...
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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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