News and articles
The Wonderful Baja program series is based around fish soup and traditions this year
Fercsák Róbert, Mayor of Baja at a press conference held on Friday at the Budapest Fish Festival emphasized that the city places great emphasis on the preservation of the traditions...
Read moreNAV: finance guards found 1,600 liters liters of untaxed pálinka
During an excise control, the finance guards of the National Tax and Customs Office (NAV) found 1,600 liters liters of untaxed pálinka – the NAV told MTI on Saturday. According...
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Hungary is the first EU country to sell beef to China
In mid-January the first beef consignment from an EU country, Hungary, ceremonially arrived at Shanghai. The representatives of the municipality, the customs authorities, the quarantine office and the buyer company,...
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Hamé’s Norwegian owner
Norwegian group Orkla bought Hamé from Dutch group Decapterus, paying EUR 175 million – reported napi.hu. The group owns seven factories in the Czech Republic and one in Slovakia, Romania...
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Danubiana exports more wine
Bonyhád-seated Danubiana Kft. increased its wined export by 5 percent. The company sold 138,000 hectolitres of wine in 2015, 90 percent of which was exported to the UK, Scandinavia and...
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Farmers can also apply for preferential loans
Until the end of January farmers can apply for loans with subsidised costs in the Széchenyi Card and the Hungarian Development Bank (MFB) schemes. The Agricultural and Rural Development Agency...
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Magazine: Energy drinks are flying high again
Energy drink is a functional product that fits very well into the consumer lifestyle of today’s rat race world. A growing number of people drink them instead of coffee. Sales...
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Analysts: inflation was lower than expected in January
The inflation rate in January fell short of the expectations. The main role in the data was played by the significant drop in fuel prices, the reduction of VAT on...
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GfK: financial awareness is independent of age
The development of financial culture is a vital interest for all the players in the financial sector. The financial culture encompasses the knowledge of financial products, the oversight of financial...
Read moreVine pruning at full swing
Vine pruning starts later in milder weather in the small gardens, but at the larger vineyard parcels work was going on during the whole winter. With the exception of harder...
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SPAR: fresh meat will be a hit product in 2016
The retail price of pork decreased significantly in the SPAR Group's stores after the VAT on pig carcase meat decreased from 27 to 5 percent in January. The SPAR group...
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The Hungarians like to celebrate Valentine's Day at a restaurant
In Hungary, 67 percent of Valentine's day card spending are carried out in restaurants, while the fewest transactions are in flower shops and jewelry stores (2-2 percent) – according to...
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Tesco: Let’s elebrate love together!
Christmas decorations have just disappeared, but as the celebration of love approaches the city is dressed in red again. In this case, the emotions play the main roles, and we...
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FM: this year 12 Hungarian exhibitors presented their products at the BioFach trade fair
This year, 12 Hungarian exhibitors presented their products at the BioFach, the World's leading trade fair for organic food, which took place 9 to 11 February in Nuremberg – the...
Read more“The Pálinka of the Year” is made of quince pálinkas
“The Pálinka of the Year” is made of the blending of ten pálinkas in 2016. The new product will be marketed after months of resting in numbered special bottles. “The...
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Serbia is getting cheaper
A 0.2 percent deflation was measured in Serbia last December, so the retail prices of public consumer goods and services reduced compared with November – the Republic Statistical Institute of...
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Attractive Ukrainian food market
Ukraine can be Europe's food cemetery – at least something similar is expected – due to the deterioration in living standards and due to the continued depreciation of the national...
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Budapest Ranked 5th Most Popular Logistics Location In CEE
Prologis, Inc., the global leader in industrial real estate, today announced the launch of a new research, revealing the top logistics locations in Central and Eastern Europe for occupiers. Budapest...
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LeasePlan supports families living in Subcarpathia
Leading vehicle and fleet management company LeasePlan Hungária Zrt. donated food parcels to the Hungarian Maltese Charity Service early this year. More than 120 poor Hungarian families living in Subcarpathia...
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Diageo appoints new managing director
Diageo, the world’s leading alcoholic beverages company appointed Gábor Zeisler the new managing director of its Business Services Centre in Budapest. Mr Zeisler has been in finance for more than...
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Magazine: Major sporting events can drive snack sales this summer
The summer of 2016 can be a peak period in snack sales: in football there is going to be the Euro 2016 with the participation of the Hungarian national team,...
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The dangers of open space offices
A data protection campaign by Fellowes found that it is typically at the workstations of open space offices where confidential documents are left lying around, not on the desks of...
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Turnaround in the vegetable oil market
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that the experts of Oil World are of the following opinion: in the Black...
Read moreExcellent quality at lower prices
Pick Szeged Zrt. will soon enter the market with meat bearing the Quality Hungarian Pork (KMS) trademark. The Livestock and Meat Interprofessional Organisation and Marketing Board (VHT) signed a contract...
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Production prices in November: +5.5 percent
In November 2015 agricultural production prices increased by 5.5 percent from the level of November 2014. The price of vegetable products increased 13.7 percent, but the price of livestock/products of...
Read moreDecree on crop protection modified
As of this year several modifications of the crop protection decree entered into force. From now on only Category 2 and 3 pesticides are allowed to be used in public...
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Hungarian apples are expensive
Because of the drought, last year's apple crop was lower than expected – that is why consumers have to pay more for apples this year. The average price of the...
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GMO-free labeling may come after the approval of the European Commission
We still need to wait a few months for the introduction of the GMO-free labeling. The “GMO-free production” trademark will be put on food and feed after the approval of...
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