News and articles
Koronás prepares for the hot drink season with new products
Winter and autumn are very important periods in the life of Koronás Sugar. Henriette Simon Nagy, the marketing coordinator of Magyar Cukor Zrt. told us that Koronás Rock Candy is...
Read moreThe previous level of the food chain supervision fee to be restored
In accordance with last week's news, the government really gave ground in connection with the food chain supervision fee. According to the bill, the previous flat rate of 0.1 percent...
Read moreThe ministry would introduce the indication on GMO-free products
On a voluntary basis, there would be an indication on food packagings, labels and in advertisings that the product derives from GMO-free production – the Minister of Agriculture’s draft regulation...
Read moreMandatory staff increase in retail trade
According to a draft law, the department stores over a floor area of 400 square meters should double the their manpower – the Magyar Idők wrote on Wednesday. According to...
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This year’s season product campaign starts with the promotion of apples
This year’s season product campaign starts with the promotion of apples, followed by poultry products, wine and fish in the consumption incentive campaign of the agricultural marketing directorate of the...
Read moreWorld wine production increased by two percent this year
The world's wine production this year is expected to grow by two percent to 275.7 million hectoliters. Italy will be the largest producer, followed by France and Spain – the...
Read moreThe European Parliament opposes national bans on GMO-food imports
The European Parliament rejected a draft law that would give individual countries in Europe scope to ban imports of genetically modified food and animal feed, potentially killing an initiative that...
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The biggest event of the seed sector will be in Budapest
This year's last meeting session of the International Seed Federation (ISF) was held in Budapest. The most important news of the discussion related to Hungary is that the ISF Secretary...
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Consumer confidence declined in the United States in October
After the slight increase of the previous month, the consumer confidence index dropped significantly in the United States in October – the Conference Board economic institute announced on Tuesday. The...
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The humanoid robot made its debut in France
Pepper, the humanoid robot was first revealed more than a year ago at a conference on June 5 2014. Starting the next day Pepper was showcased to the public at...
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Italian beer pushes forward
Last year Italy’s beer export soared 27 percent. About half of exported Italian beers are sold in the United Kingdom. In the last 10 years Italy’s beer export tripled....
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New payment methods in the market
A growing number of shoppers wish to use new forms of payment in shops, especially when buying online. A survey sponsored by MasterCard and conducted by PRIME Research found –...
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Metro online: expansion in China
Germany’s biggest retailer, Metro AG is planning to start cooperating with Alibaba Group Holding. The German company will sell private label products on the website of the Chinese firm. In...
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Improved performance by Mercator?
Slovenian retail chain Mercator Group realised a EUR 13.7-million loss in the first half of 2014 but in January-June 2015 they reported a EUR 15.3-million net profit. The numbers are...
Read moreMagazine: Can you get the burnout syndrome at an early age?
Does someone have to live 30, 40 or 50 years to get the burnout syndrome? When a baby is born all they want is to be loved and this feeling...
Read moreAssociation of Hungarian Meat Industrialists: the European meat industry rejects the WHO’s study
The Association of Hungarian Meat Industrialists, as the member of the CLITRAVI, the European trade organization of the sector, in agreement with the European meat industrial companies informs the consumers...
Read moreAccording to the VHT the consumption of pork should be increased while the WHO study is unscientific
The Meat Marketing Board and Interprofessional Organization (VHT) wants to increase the consumption of pork in Hungary by 2020 – until the end of the current EU budget period; This...
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Agricultural exports decreased slightly
The agricultural export balance only moderated slightly in the first seven months of 2015, however, the Russian embargo remains a concern – the Magyar Idők wrote on Tuesday. On the...
Read moreFM: genetically modified varieties of maize cannot be grown in Hungary
On the basis of the Hungarian request submitted to the European Commission, the production licence of the previously approved genetically modified (GM) maize and the to be approved GMO maize...
Read moreLabor shortage can be an unmanageable problem by 2050
The decline of the working age population could lead to critical labor shortages in Europe by the mid-century. For 2050, the European continent will be the oldest region. 15 percent...
Read moreSuccessful agricultural research is needed for the development of agriculture
The development of the Hungarian agriculture and the ensuring of its competitiveness can not be achieved without effective agricultural research activities in Hungary – the Parliamentary Minister of State of...
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The Raben Germany strengthens its market position with the acquisition of Weishaupt
The Raben Group has expanded its operation area in Germany. With the approval of the competent cartel authorities the Raben Group acquires the Albstadt-based (Baden-Württemberg), Weishaupt shipping company. “With the...
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Choking mouse in the sugar dollop
The inspectors of the National Food Chain Safety Office (Nébih) found expired and unlabeled materials and products in a fondant manufacturing plant in Örkény, Pest County. During the investigation a...
Read moreSmart City application to be tested in Budapest
A Smart City application will be tested in Budapest, during which the public lighting will be adapted to the traffic, the noise and air pollution, and data will be collecterd...
Read moreFifteen hundred year old wine press was found after a storm in Israel
A large, well-preserved 1,500-year-old winery has been exposed during a violent storm in the Sharon Plain region, located between the Mediterranean Sea and Samarian Hills, the Antiquities Authority announced Monday....
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Applying Binding Corporate Rules in transfers of data
As of 1 October 2015 Binding Corporate Rules (BCR) have to be applied. What is BCR? Internal rules adopted by a multinational group of companies which define its global policy...
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New electronic invoice decree
On 1 July 2015 NGM decree 23/2014 (VI. 30.) entered into force: the new decree regulates the tax-authority identification of invoices and receipts and the tax-authority checking of invoices preserved...
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Magazine: Loans from an SME perspective
Viktor Zoltán Kovács, the head of K&H Bank’s SME marketing division is of the opinion that in 2015 the products of the Lending for Growth Programme (NHP) – with their...
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GKI: Improving consumer sentiment and deteriorating business
The GKI-Erste economic sentiment index continued to rise in October, almost reaching its level at the end of 2014. According to the empirical survey, consumer expectations improved significantly, whereas the business...
Read moreThe National Council of Wine Communities expects a good vintage wine in quantity and quality
The Hungarian wines will be a good vintage this year both inquantity and quality – the technical director of the National Council of Wine Communities (HNT) said on Monday morning...
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