News and articles

Hungarians see Olympic sponsors in a positive light

Hungarians react incredibly positevely when they find out that a company is supporting the Olympic Games. Companies linked to the London Olympics appear in a positive light for 63 percent...

Read more

Quarantine due to bee sickness

A quarantine has been ordered in Gödöllő and in the surrounding villages due to bee sickness for bees, bee related products, and for certain objects the bees have come into...

Read more

GKI-Erste economic sentiment index hardly increased in July

GKI-Erste economic sentiment index hardly increased in July compared to this year's low point Following its fall in May, GKI-Erste economic sentiment index adjusted for seasonal effects slightly increased in...

Read more

Budai Gyula: no competition proceedings under way in melon case

No competition proceedings are under way currently in Hungary – said Budai Gyula, Parliamentary Secretary of the Ministry of Rural Development (VM) on Monday in Budapest. Budai Gyula reminded that...

Read more

QR-code payments have started

Mobile payments seem to be starting up in Hungary. Until now, more than 30 thousand users have downloaded and installed the applications to smartphones. The system can increase significantly with...

Read more

New Criminal Code: no mercy for the distributors of fake products

The new Criminal Code, prospects severe punishment for those who market poor quality products or falsely certifies the compliance of the product. In addition those who mislead the consumers have...

Read more

Kedves gave more than 130 thousand liters of milk

The government earmarked almost seven billion HUF as the advance payment of the special milk support. Its payment will begin on October 16 – said Fazekas Sándor Rural Development Minister...

Read more

GVH’s decision in suspected melon cartel case is expected after the authority gains informations

The Competition Authority’s (GVH) decision in suspected melon cartel case is expected after the authority gains informations – GVH told MTI on Monday. According to the communication, the authority was...

Read more

The sunflower honey yield will be less than expected in Szabolcs County

The sunflower honey yield will be less than expected in Szabolcs-Szatmár-Bereg County, where the weather made totally impossible the acacia honey collection during the spring – the regional adviser of...

Read more

Trade with China increased significantly

Last year, the economic cooperation between China and Hungary increased to its twenty-threefold and was a total of 9.2 billion USD. Food trade was only 34 million USD, which shows...

Read more

Increase in world trade turnover

According to the Monday released datas of the Dutch CPB economic analysis center, world trade turnover increased in May. The volume of commercial transactions in the world rose by 2.5...

Read more

Pig population can decrease further

The pork industry is in crisis again. Due to their losses, the farmers are forced to reduce the number of their animals or forced to eliminate jobs and close their...

Read more

Food security alert system by eu proves to be successful

The three-day European union Food And Give Food Short Warn Technique (RASFF) Work Getting Together With began on Beijing within the 6th. For European Money Health and Utilization Generally Wellbeing...

Read more

Nielsen: the sales of household chemical goods and cosmetics increased in value, reduced in volume

Retail reached about 150 billion HUF sales revenues from household chemical goods and cosmetics in the first half of the year, compared to January-June 2011. This represents a one percent...

Read more

Watermelon-campaign in 150 SPAR-stores

A new campaign was launched last week to support Hungarian watermelon, with 150 SPAR-stores offering watermelon-tests to their consumers. The opening ceremony of the campaign took place on Thursday, with...

Read more

Grain prices at record level due to the U.S. drought

Drought rages in North America, has not seen for several decades so the farmers and traders are also concerned that there will not be enough exportable grain. Several foregone sales...

Read more

The FruitVeB would simplify the application system

The Hungarian Fruit and Vegetable Interprofessional Organisation and Product Board (FruitVeB) would simplify the system of tendering and would make it more transparent for the next EU budget period. The...

Read more

The Government signed a strategic agreement with Coca-Cola HBC Magyarország

Prime Minister Viktor Orbán concluded a strategic partnership agreement with Coca-Cola HBC Hungary on Friday at the company’s headquarters in Dunaharaszti. The Prime Minister recalled that the government was building...

Read more

The 120-year old pálpusztai cheese is applying for the Hungaricum title

The pálpusztai cheese celebrates its 120th birthday this year. The old cheese specialty can still compete with the world-famous Dutch and French products on the domestic market. The “odor” feature...

Read more

The European food safety alert is effective

The report of the European Commission highlights that thanks to the EU food and feed safety alert system (RASFF) a number of food safety risks were resolved or eased –...

Read more

Heineken expands in Asia

The Dutch brewing giant the Heineken offered a bid to the Fraser and Neave company to purchase the company’s 40 percent share in Asia Pacific Breweries for around four billion...

Read more

Meteorite flavored wine

Thanks to Ian Hutcheon, owner of the observatory Centro Astronomico Tagua Tagua, in Chile, you might one day see “meteorite” join these enological flavors. The Englishman, who also owns a...

Read more

Magazine: Hungary’s negotiations on financial assistance discussed at the Business Dinner

On 26 April the topic of Trade magazine and Chain Bridge Club’s Business Dinner event was the expected outcome of Hungary’s negotiations with the EU and the IMF on precautionary...

Read more

6 Walmart heirs worth same as bottom 41% of US

Who has more money: the six heirs to the Walmart fortune or the bottom 41.5% of all American families put together? Trick question—they're about the same. The Economic Policy Institute...

Read more

Debrecen hosts Hungarian-Iranian business forum

More than 15 companies were presented at a Hungarian-Iranian business forum in Debrecen (E Hungary). The forum was part of preparations for the arrival of a bigger delegation, including representatives...

Read more

The Hungarian government adopted the Hungarian Product Regulation

The government adopted the Hungarian Product Regulation on Wednesday – announced Fazekas Sándor, Rural Development Minister in Thursday morning's 180 perc show of MR1 Kossuth Radio. The Minister summarized the...

Read more

The number of Internet users increasing slower than before

In Hungary, 62 percent of the population aged 15-69, almost 4.6 million people uses the internet at least monthly. Although Internet penetration has not stopped, the pace slowed down considerably,...

Read more

KSH: average gross wage was 220,700 in the first five months

In the first five months of 2012 the gross average wages increased by 4.4 percent, the net average wages without taking the family allowances into account rose by 1.7 percent...

Read more

Magazine: Consumer demand targets quality paper products

The household paper market is stable, with a small restructuring taking place. Experts agree that the crisis is not over yet, consumers are price-conscious and promotion-sensitive. According to Judit Tóth,...

Read more

Tesco exports a substantial amount of Hungarian melon

Tesco has launched this year's melon-tasting action in its Tesco Extra store in Váci Road. The company in cooperation with the Rural Development Ministry and the Hungarian Association of Hungarian...

Read more
Oldal