News and articles
AccorHotels Adds EUR22 Billion to GDP
According to AccorHotels’ first socio-economic footprint study, the company sustains around 880,000 jobs internationally and contributes EUR22 billion to the global GDP, equivalent to the input of a country like...
Read moreHungarian member in the European Commission’s new agricultural committee of experts
The European Commission formed a high-level committee of experts in order to help stabilise the situation in the agri-food market. On 12 January 2016 commissioner for agriculture Phil Hogan announced...
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Smarties chocolate egg is here
The real milk chocolate Smarties chocolate egg is filled with the well-known, colourful and playful Smarties candies. These candies make up for 16.6 percent of the chocolate figure. There are...
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Magazine: Optimistic start of the year in agriculture
The majority of farmers would be satisfied this year if agriculture’s output – at least in crop yield – would reach the same level as two years ago. So far...
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Financial administrative work takes up too much time
Sorry, this entry is only available in HU....
Read moreKSH: agricultural producer prices rose by 5.2 percent in December
Agricultural producer prices were 5.2 percent higher last December, than a year before. In terms of the whole year 2015 agricultural producer prices rose by 0.4 percent. The price of...
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VAT on milk may be reduced
A five-point package of proposals is being created to support dairy farmers – Czerván György, Minister of State of the Ministry of Agriculture told Magyar Nemzet. The ministry will propose...
Read moreAnalysts: GDP growth beyond the expectations
The growth in gross domestic product (GDP) surpassed all analysts' expectations – according to macroeconomic analysts interviewed by MTI. In response to the Central Statistical Office’s (KSH) Friday published data,...
Read moreMeasures against honey forgers
The European Commission developed a control plan in order to eliminate industrially created import honey imported to the EU. In Hungary the fake honey have been basically eliminated. The NÉBIH-...
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We need to shift to innovation-driven economy
We need to shift to innovation-driven economy in the coming years. The industry should rely on knowledge, research and development, higher education and vocational education – the Minister of State...
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The stores that throw out food to be fined in France
France has become the first nation in the world that will ban supermarkets if wasting food – according to a new law this month. From now, the large grocery stores...
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The authorities will strictly monitor the unlawfully operating sales presentation companies
The authorities shall cooperate in the procedures relating to the sales presentations and strictly oppose against the offending companies. According to the joint statement of the Hungarian Competition Authority (GVH),...
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Hungary performs well in the EU export competition
According to the first approximation, the euro zone’s 19 Member States shipped 167.5 billion euros worth goods to the rest of the world in December 2015, which is a three...
Read moreRussia may be the world's largest grain exporter
Russia's government hopes that Russia can become the world's largest grain exporter in the next agricultural year, like the former Soviet Union – Magyar Nemzet Online wrote. Russian Agriculture Minister...
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Two passengers tried to smuggle cigarettes from Dubai to Hungary
About 7700 boxes of smuggled cigarettes were seized by finance guards at the Liszt Ferenc International Airport in Budapest – the National Tax and Customs Office (NAV) told MTI on...
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More than one and a half thousand years old roly-poly was found in Northwest China
In Northwest China's Xinjiang, roly-poly was consumed already 1700 years ago. The roly-poly is the inevitable traditional food of the Chinese Lunar New Year's dinner – archaeologists claim. The conclusion...
Read moreLower administrative burden in the oenology and viticulture sector
From 1 April 2016 winemakers can ask the relevant authorities to issue certificates of origin in an electronic format. Other changes in the regulation of the oenology and viticulture sector...
Read moreIndustrial tomato is the big winner
Hungary’s vegetable output fell by nearly 100,000 tons last year, mainly because of the Russian embargo. However, industrial tomato production surged and there is demand for even more of it....
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Winter inspections: good results
Winter inspections in the food supply chain ended with positive results in most cases. In December 2015 precisely 4,997 checks were performed by experts, 8.4 tons of products were ordered...
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EU apple and pear may be allowed to enter the USA
The United States Department of Agriculture (USDA) published a draft regulation that gives a green light to apple and pear import from the European Union. This is great news for...
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Magazine: Almost 700 square metres of Hungarian exhibition space at Grüne Woche
Between 15 and 24 January 2016 Berlin was the place where the world’s agri-food producers gathered: there were almost 1,700 exhibitors from 65 countries on 120,000m² at Grüne Woche, which...
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Big Data changes the future of HR
Big Data analysis can help to optimise the recruitment process for HR managers, for whom certain personal characteristics and competences (soft skills) have become more important by now than previous...
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Retail sales of household chemicals and cosmetics increased by six percent
The retail sales of household chemicals and cosmetics amounted to 356 billion HUF last year; 6 percent higher than a year before. The volume of sales remained unchanged. Among the...
Read moreThe families save an annual ten thousands HUF due to the VAT reduction on pork
The VAT reduction on pork is resulted in 25 million HUF savings for the customers, so a family of four will save an annual ten thousands HUF – the Parliamentary...
Read moreKSH: the performance of the economy grew by 2.9 percent last year
Hungary's gross domestic product (GDP) grew by 2.9 percent in 2015, compared to the previous year. In the fourth quarter of 2015 the growth was 3.2 percent, compared to the...
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Young farmers are performing well in the horticultural sector
The rate of young farmers in the horticultural sector is more than 10 percent in Hungary. These farmers are taking risks above the average and are more open to new...
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Valentine's Day – flowers and chocolates are the hit products
Sales are increasing before 14 February (Valentine's Day) in the domestic stores – according to the chains. The chain of stores told MTI that the most popular products are chocolates...
Read moreThe product boards are concerned due to the transformation of irrigation rules
The FruitVeB, Fruit and Vegetable Interprofessional Organization and Marketing Board and the Apple Product Board are calling for consultation on the subject. In the document sent to MTI on Friday,...
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Thirty-six thousand children received fruit juice thanks to the Coca-Cola Magyarország and the Food Bank
The Coca-Cola HBC Magyarország supports the Food Bank with its products for many years, not only in the Christmas season, but all year long. The Coca-Cola HBC Magyarország in 2015...
Read moreThe ifo World Economic Sentiment Index declined in the first quarter
The Ifo Index for the world economy dropped from 89.6 points to 87.8 points this quarter, drifting further from its long-term average (96.1 points). While assessments of the current economic...
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