News and articles
Gyula Budai: the Russian embargo was bad for Hungary and Britain
The Russian embargo had a profound impact on the Hungarian economy and the British economy also faced significant negative effects because of the restrictive measures imposed on Russia – Budai...
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The HELL ENERGY invests a further 25-30 billion HUF in Hungary
It is planned that the HELL ENERGY Magyarország Kft. will invest a further 25-30 billion HUF in the next five to eight years in Hungary – the energy drink manufacturer...
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KávéBár weekend and Sommelier Championship in Budapest
The visitors of the KávéBár Bazár can taste more than two hundred products (coffees, wines, spirits, accompanying morsels) of fifty exhibitors on Saturday and Sunday at the Corinthia Hotel Budapest....
Read moreThe agricultural ministry started negotiations with the fishermen
Nagy István, Parliamentary Minister of State of the Ministry of Agriculture (FM) took part at a consultation with the representatives of the Hungarian natural water fishing organizations, on Thursday in...
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Consumer sentiment deteriorated in the euro zone and in the EU as well
Consumer confidence deteriorated in February in the euro zone and in the European Union – according to the European Commission's preliminary flash estimate that was published on Friday. The sentiment...
Read moreThe agricultural damages caused by migrants will be compensated partially
According to a government decision, the Ministry of Agriculture allocated 100 million HUF to mitigate the agricultural damages caused by the illegal immigrants in 2015 near Hungary's southern border. The...
Read moreCisco: In 2020, 70 percent of the world’s population will be mobile users
Smart mobile devices and connections[2] are projected to represent 72 percent of total mobile devices and connections by 2020—up from 36 percent in 2015. Smart devices are forecasted to generate...
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Oracle: the majority of companies are open to cloud services
Most of the companies think positively about cloud services, 92 percent of them like the cloud services because they accelerate innovation, 76 percent like the solution because of attracting new...
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Together for babies – for the fifth time
Drugstore chain dm organised its ‘Together for babies’ charity programme for the fifth time. The drugstore chain cooperates with the Catholic Charity to help families and children who live in...
Read moreSoproni beer made from Hungarian barley
The representatives of Hungarian barley producers and HEINEKEN Hungária signed an agreement in December, according to which Soproni beer is brewed using Hungarian barley exclusively. As a matter of fact...
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Szupermenta revamped
The National Food Chain Safety Office (NÉBIH) strengthens its Szupermenta product testing programme further: the website is refurbished and a Szupermenta logo is introduced. In just one year NÉBIH’s experts...
Read moreOrbis Group is bringig about serious changes
Poland’s largest hotel group Orbis has big plans in Romania by opening two new units in 2017: the second hotel under Mercure brand in the country, in Brasov and the...
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Magazine: Who needs coaching?
The first and simplest answer to the above question that comes to mind is: Everyone. As a matter of fact, I do think that coaching is a tool that makes...
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Hungary’s food retail is still in the forefront of Europe
Hungary continues to belong to Europe's leading food retail growth rankings. Hungary’s retail revenues increased by 5.5 percent during the fourth quarter, compared to the same period of the previous...
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Poultry meat prices decreased
Not only pork, but also the poultry meat prices decreased early this year, due to the declining demand – the origo.hu wrote. According to the report of the Agricultural Economics...
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Television advertising spendings in Hungary increased by three percent last year
The television advertising spendings in Hungary increased by about three percent and amounted to 51.581 billion HUF last year – was said at the press conference ofthe Hungarian Electronic Broadcasters...
Read moreFM: Russia is a major agricultural partner for Hungary
Russia is a key partner of Hungary in the field of agriculture and the food industry, despite the fact that the trade embargo makes the relationship between the two country...
Read moreThe number of dairy cattle is increasing
In the second half of 2015 the growth of the cattle population and the number of dairy cattle both increased significantly – Magyar Idők wrote. According to the report of...
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The assets of the Hungarians increased by four hundred thousand last year
At the end of 2015 the net financial wealth of the households was 32 409 billion HUF, according to the data of the National Bank of Hungary (MNB). This is...
Read moreThe OECD again worsened forecasts for global economic growth
Within three months, the OECD worsened the global economic growth prospects for the second time, on the “basis of the disappointing recent data.” The Organisation for Economic Co-operation and Development...
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The national championship of food makers and waiters in Tata
A national culinary championship will be held on Saturday in Tata under the Farsang Kupa name. At the event, the crowd can watch the competing works of 200 chefs, confectioners,...
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McDonald's tries to attract South Koreans with Beer
According to a company statement, customers who purchase a Signature Burger EVM at the Pangyo Techno Valley restaurant in Gyeonggi province can swap out the normal soft drink with a...
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Russian vodka exports fell
Russian vodka and spirits exports decreased to their lowest level in a decade – the origo.hu wrote. Referring to the Russian customs data the Russian Kommersant economic newspaper reported that...
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The robots are replacing human workforce
A respectable professor drew attention to a process that is endangering the of human society: 30 years later, every second job will be carried out byrobots – the mfor.hu wrote....
Read moreCroatian Chamber of Economy and NAK sign cooperation agreement
The Croatian Chamber of Economy and the Hungarian Chamber of Agriculture (NAK) have signed a cooperation agreement in Zagreb. One of the agreement’s most important objectives is to help farmers...
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Planned public funds authority is a problematic idea
According to László Zara, president of the National Association of Tax Advisors and Bookeeping Service Providers (MAKSZOE), the idea of establishing a new government authority to fight tax fraud and...
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Magazine: Migrants in the labour market: crisis or opportunity?
Last year more than 1.2 million people asked for asylum in the European Union, twice as many as in 2014. Many experts say that from an economic and labour market...
Read moreNo recovery is expected this year in the canned and frozen vegetables sector
This year, experts do not expect a rise in the cultivation of sweet corn, green peas and green beans that are mainly sold on export markets. The decrease is due...
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FruitVeB: the current weather does not cause major problems
The current weather – relatively warm and rainy – still does not cause major problems in the cultivation of vegetables or orchards – the Chairman of the Hungarian Fruit and...
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