News and articles
Active agricultural producers are about to be born
After the European Union, the concept of ‘active agricultural producer’ is introduced in Hungary too. From 2015 only those are entitled to receive direct subsidies who qualify as ‘active farmers’....
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Young farmers can count on more funding
Despite less money – EUR 373 billion – from the CAP, the 2014-2020 period brings considerable funding for young farmers: they will receive 3-4 percent of the total sum. In...
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Magazine: The salty snacks market has been taken off the medical ventilator
Based on data from the first 11 months of 2014 it seems that salty snacks are now past the worst: sales have started increasing again....
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Dunapack modernises Nyíregyháza production facility
On 23 January Dunapack Kft. officially completed the HUF 1.7-billion modernisation project of its Nyíregyháza production facility. The European Union financed the project with HUF 851.4 million within the framework...
Read moreMVH made the most EMVA payments last year
The Agricultural and Rural Development Agency (MVH) paid the biggest sum, HUF 258 billion in subsidies to projects co-financed from the European Regional Development Fund. MVH awarded HUF 160.5 billion...
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More on the spot checks
Bad news for farmers: the European Court of Auditors (ECA) decided to follow a stricter payment control policy in the next programming period. In the case of Hungary this means...
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Back to six from seven
From 15 March 2015 shops stay closed on Sundays in Hungary. Who is this good for? Perhaps for families, but definitely not for the families of those 15,000-20,000 people who...
Read moreThe NGM expects the further expansion of retail trade
The retail sales reached a ten-year record in 2014 – the Ministry of National Economy (NGM) told MTI on Thursday MTI, commenting the data of the Central Statistical Office (KSH)....
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The new amendment would clarify the situation of Metro
If the parliament adopts the amendment of Szatmáry Kristóf (Fidesz) the Metro stores can not open on Sundays from 15 March. According to the amendment, a new clarification would be...
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The NAV would explore the unreported machines
The tax authorities would explore the food vending machines that were not reported by their operators with targeted inspections. The National Tax and Customs Administration (NAV) told MTI on Friday...
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The Kotányi Hungária Kft. contracted with more than a hundred paprika producers
The Kotányi Hungária Kft. signed a contract with more than 100 producers on Friday in Mórahalom, Csongrád county – Nógrádi Zoltán the city’s major told MTI. Nógrádi Zoltán stressed that...
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Economic sentiment improved in the EU in February
The Economic sentiment has improved in the EU28 in February, as well as in the Euro Zone – according to the communication of the European Commission (EC) that was released...
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The kisses of the Coca-Cola bottle
Coca-Cola's famous bottle celebrates its 100th birthday in 2015. Since its creation in 1915, the Coca-Cola bottle has achieved iconic status as a symbol of refreshment and happiness. The Coca...
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The two-third of the population barely able to save
In Hungary, 61 percent of the economically active age group (25-55 year olds) can be considered as savers. They save an average of 20 thousand HUF per month– the Union...
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The DHL Freight brings food to five thousand families in need
The DHL Freight Magyarország joined to the initative of the Hungarian Maltese Charity Service, delivering 72 tons of food to the needy throughout the country. The significant amount of donation...
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Hungary is the privileged partner of the Croatian Viroexpo
Hungary is the privileged partner of the 20th Viroexpo international fair, which was opened on Friday in Verőce – the Hungarian Embassy told MTI. Fifty-one Hungarian companies participate at the...
Read moreFifteen thousand boxes of smuggled cigarettes were found in Pécs
Fifteen thousand boxes of cigarettes without tax stamps were found by the finance officers in a Hungarian truck – the NAV informed MTI on Thursday Bus Szilvia the Press Officer...
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Consumers want snacks with natural flavours and ingredients
An international survey on sweets and salty snacks found that three quarters of consumers want products with natural flavours and ingredients – these characteristics are more important to them than...
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Witor’s product selection expands rapidly
Witor’s experts have been working hard for 50 years to offer consumers innovative sweets. The company’s delicious products are marketed in stylish packaging and their prices are affordable. Glatz Hungary...
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Chocolate rabbit is the most popular
Easter confectionery sales amounted to HUF 4 billion and represented 940 tons in the three-month season last year. Like-for-like value sales surged by 12 percent and volume sales bettered by...
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There is value in chocolate figures
Last year’s improved consumer mood manifested in the sales data of Easter chocolate figures too. More and better quality products were purchased in 2014. – Besides a 2-percent growth in...
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A 17-billion-forint annual market
Mayonnaise, ketchup and mustard generated a HUF 17-billion combined turnover in the December 2013 – November 2014 period. Value sales improved 4 percent from the base period. Mayonnaise sales valued...
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eShoppinglist – The application of smart stores
Szintézis Informatikai ZRt. is launching its new mobile phone application called eShoppinglist. The app is serving the purpose of customers as well as stores, and is set for all known...
Read moreKSH: retail sales rose by 5.6 percent in December
According to calendar adjusted data, retail sales rose by 5.6 percent in last December, while in 2014 the volume of sales was 5.2 percent, higher than in the previous year...
Read moreThe Sunday store closure can rearrange the turnover towards smaller shops
The Sunday store closure can affect third of the Hungarians, who buy intensively on the last day of the week. They will have to purchase in more expensive, smaller shops....
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The food processing strategy has been completed
The food processing strategy has been completed, which is expected to be discussed by the government in a few weeks – Zsigó Róbert announced at a professional forum. Zsigó Róbert,...
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Lázár János initiates a meeting in connection with the advertising tax amendment
Lázár János initiates the meeting of the Economic Committee in order to discuss the possibilities of the changes in the advertising tax – the Prime Minister's Office told MTI on...
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Investment increased by 14 percent last year
A total of 5,216 billion HUF was spent on investments in Hungary in 2014, 14 percent more than a year before. The investments increased in the majority of teh sectors...
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Magazine: Spicier flavours from condiment makers
Easter is one of the driving forces behind mustard, ketchup, mayonnaise and horseradish sales. Last year sales expanded, in part because barbecues are becoming trendier, creating a third season for...
Read moreThe Cornexi places its production into Székesfehérvár
The Cornexi Food Kft. moves from Enying to the industrial park of Székesfehérvár until the summer. Due to the planned capacity expansion, the company would like to create at least...
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