News and articles

Seven Hungarian companies have debuted at the Russian food fair

Seven Hungarian production companies have debuted at the largest food trade show of North-East Russia – the National Foreign Trade Agency (HITA ) told MTI on Friday . According to...

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Two European 3PL Awards for Raben Group

The winners of this year's eyefortransport European 3PL Awards were announced and celebrated at a reception during the eyefortransport's 11th Annual 3PL Summit held at the Steigenberger Airport Hotel Amsterdam...

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Chocolate makes you smarter

Chocolate isn't usually on the diet for snails, but when Lee Fruson and Ken Lukowiak from the University of Calgary, became curious about the effects of diet on memory, they...

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Calorie labels fitted to staircases

Stairwells in public buildings will be labelled as exercise apparatus under a government-backed scheme to make office workers and commuters across Britain fitter. Trials at three large office buildings found...

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2% of Chinese people consume 1/3 of world's luxury items

Some 27 million Chinese people, or two percent of the country's total population, are reportedly consuming one third of the world's luxury items, including cosmetic products, private jets, jewellery, timepieces...

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KSH: GDP grew by 1.7 percent in the third quarter

Hungary's gross domestic product (GDP) rose by 1.7 percent in the third quarter, compared to the same period of the last year, while compared to the second quarter the economy’s...

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Analysts expect a further acceleration of GDP growth in the fourth quarter

Banking analysts expect a further acceleration of economic growth in the fourth quarter of the year, after the positive GDP datas of the third quarter. According to the Ministry of...

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The animal breeder will loose on VAT reduction

The VAT reduction on living and half-pigs to 5 percent – despite the intentions and declarations – will not provide a meaningful solution against the black economy and will not...

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VM: 60 percent of the tested foods met the requirements of the Hungarian product regulation

The control of food products using the Hungarian product labeling is underway since September after a grace period of one year – Kardeván Endre, Minister of State of the Ministry...

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Feldman: VAT reduction on pigs is an integral part of government program, that aims to recover the sector

The VAT reduction on living and half-pigs is organically integrated into the government program, that aims to recover the pig sector – Feldman Zsolt, Deputy Minister of State of the...

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New applications will open for the development of animal husbandry and food processing technologies

New applications will be announced for the introduction of animal husbandry and food processing technologies, from the sources of the Rural Development Funds. Búsi Lajos, Minister of State of the...

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GDP – Growth-prognosis is helped my LOndon analysists

According to JP Morgan, it had significantly upgraded its forecast for Hungary’s GDP growth on the back of a robust auto sector and the simultaneous fiscal and monetary easing. London's...

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European Economic Forum: the wineries of the Danube Wine Region were introduced in Poland

Eight Bács-Kiskun and Csongrád County wineries of the Danube Wine Region debuted jointly at the 6th European Economic Forum, held in Lodz, Poland. The wineries brought mainly traditional Hungarian wine...

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Wal-Mart's profit has increased

Wal-Mart reported a profit growth for the third quarter, that was ended in October. The world's largest retailer has increased its profits on an annual comparision by 2.8 percent, to...

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HITA: Hungarian companies at the Hong Kong International Wine&Spirits Fair

This year, six wineries and four trading company represented Hungary at Hongkong’s largest wine and spirits trade fair at the Hong Kong International Wine&Spirits Fair event – the National Foreign...

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The Cake and Wine Tasting Festival in Budapest is up to break a record

The Cake and Wine Tasting Festival of Budapest aims to break a Hungarian record by eating more than ten thousand cake bites. The festival is organized on the basis of...

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Food Avalanche helped 10 thousand people

In the scope of the program, 27 local governments and non-governmental organizations have received support. Under the program, the participants grow vegetables locally from the seeds offered by the Syngenta,...

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Strawberry in the warm weather

The warm and sunny autumn-time has led to an early… or late strawberry growth at certain frms in mid-November…...

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Fourteen winners at the POPAI Awards Competition

The results of the 4th Hungarian POPAI Awards POP Competition were announced on 7 November 2013, in the scope of Trade Marketing Klub’s year closing event. Nearly 100 people gathered...

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Charge-free cash withdrawal enacted

Over the past one year, the costs of banking services have increased significantly and in order to decrease them the National Assembly today adopted an amendment which stipulates the free...

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European Trade Day: traders are in focus

Improving consumer confidence is expected, but no more dealine modifications are expected, in connection with the installment of online cash registers – Varga Mihály Minister of National Economy told at...

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The first PC-based online cash register was installed

The first PC-based online cash register, developed by the Laurel Group was installed at a national tobacco shop in Székesfehérvár. The first PC-based cash register system is approved by the...

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KSH: agricultural producer prices decreased in September

The agricultural producer prices fell by 13.7 percent in September, compared with a year earlier – the Central Statistics Office (KSH) published on Wednesday. In particular, prices of crop products...

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Consumer Protection Authority: not all checked lactose-free products are lactose-free

Most of the products sold as lactose-free products, tested by the National Consumer Protection Authority (NFH) met the requirements, but in two cases almost double the amount of lactose was...

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The government launches a food industrial working capital loan program

The MFB Hungarian Development Bank announces a food industrial working capital loan program. The food industrial working capital loan program of the MFB Hungarian Development Bank has a budget of...

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The wine of Budapest to be elected

A white and red wine can win the Wine of Budapest title every year, on which the capital announced a tender for the first time. Tarlós István mayor, announced the...

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The Hungarian Trading House was opened in Beijing

Szijjártó Péter, State Secretary for Foreign Affairs and External Economic Relations informed MTI on Wednesday that the Hungarian Trading House was opened in Beijing. Szijjártó Péter explained at the press...

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The Haribo develops its Nemesvámos-based factory from 3.5 billion HUF

Haribo closed a three and a half billion HUF investment in its Nemesvámos-based factory. The company received 800 million HUF non-repayable fundings in the scope of the New Széchenyi Plan...

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The harvest in the Tokaj-Hegyalja wine region soon to be finished

The harvest soon to be finished in the Tokaj-Hegyalja historic wine region. This year, the quality of the grapes and the Aszú is outstamding. The region's largest grape purchaser and...

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KonzervBár received a marketing award

Szatmári Könzervgyárt Ltd. has received a marketing award at OMÉK. Members of the committee for the Hungarian Marketing Association have empasized that the company's tender has proved to be a...

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