News and articles

(HU) A globális élelmezési válságmegoldását sürgetik a nemzetközi szervezetek vezetői

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One of the most modern sanitary paper plants in the world was expanded

Vajda-Papír’s paper factory in Dunaföldvár has been expanded with the second factory unit. The new factory unit, which was completed during the 15-month investment worth HUF 16 billion, was handed...

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SZTE researchers have developed a procedure for measuring and predicting drought

Researchers of the Department of Geoinformatics, Natural and Environmental Geography of the University of Szeged (SZTE) have developed a nationally used procedure for measuring and forecasting drought – the public...

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Használtautó.hu: even with constantly rising prices, the demand for used cars is increasing

Despite the constantly rising prices, the demand for used cars is increasing – Használtautó.hu told MTI on Tuesday. According to the announcement, the number of cars imported from abroad increased...

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Onion crop seriously affected by severe weather conditions

Hungarian cuisine is really fond of onion, but this year we well really feel like onion crop getting more and more “hot”, because of severe weather conditions. Although red onion...

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EU research center: almost half of the EU territory is threatened by drought

46 percent of the territory of the EU, mainly the southwestern parts of Europe, is threatened by drought – drew attention to the report published by the Joint Research Center...

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The IMF worsens its global economic forecast for this year

In its July report, the International Monetary Fund (IMF) significantly worsens its forecast for the expected performance of the world economy this year, Ceila Pazarbasioglu, director of the IMF’s strategy,...

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Eight thousand boxes of untaxed cigarettes were seized near Záhony

Eight thousand boxes of untaxed cigarettes were found on a farm near Záhony – the National Tax and Customs Administration (NAV) informed MTI on Monday. The tax inspectors were conducting...

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Croatia was upgraded by Moody’s due to the favorable effects of joining the euro next year

Moody’s Investors Service raised the rating of Croatia’s long-term public debt in foreign currency and domestic currency by two notches to the investment recommendation band. The international credit rating agency...

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Companies fear the energy crisis and rising prices

The price increase generated by the war situation and extreme uncertainty shocks consumers who purchase energy from the competitive market; to this is added the effect of the product structure...

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Forint strengthened on Monday

On Monday, the forint strengthened against the main currencies, while against the euro it only strengthened by 0.1 percent, and against the dollar and the Swiss franc both by 0.8...

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The EU agriculture ministers in Brussels also discussed the agricultural aspects of the war, the KAP Strategic Plans and the Hungarian drought situation

Europe is hit by a crisis due to the war and the Brussels sanctions, which also affects the food supply and prices. The Hungarian Minister of Agriculture also spoke in...

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National Association of Hungarian Accountants: a gross error has slipped into the new KATA Act

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The OTP Group continues to expand in Albania

OTP Bank has successfully closed the purchase of Alpha Bank Albania, thereby further expanding the OTP Group in Albania, OTP announced on the website of the Budapest Stock Exchange on...

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(HU) Kilátástalan helyzetbe került az egyik legkorszerűbb magyar sertésfeldolgozó

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This year, the Eastern Hungarian Agricultural Forum and the tractor pulling competition will be held again in Hajdúböszörmény

The Eastern Hungarian Agricultural Forum, the Hajdú International Tractor Pulling Competition and the National Amateur Tractor Pulling Championship will be held again between August 12 and 14 after the forced...

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Aldi rations water bottles amid 40°C heatwave in UK

Aldi has begun rationing water as temperatures continue to soar due to the UK’s heatwave. The discounter said it is limiting customers to one type of bottled water per person. Shoppers...

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Mosquito control continues on 20,000 hectares

In the coming days, mosquitoes will be exterminated in the capital’s Danube-side areas, in Győr-Moson-Sopron county, in the Csorna area, in some settlements in Veszprém and Vas counties, in the...

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Climate change worries meat and dairy investors but not enough to affect financial decisions

Climate change worries meat and dairy investors but not enough to affect financial decisions – reveals Changing Markets Foundation’s report “Stranded in a vicious cycle”. The production of meat and...

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The advertising industry asks the government to reconsider the new kata law

The Hungarian Advertising Association (MRSZ) and its affiliates are asking the government to reconsider the new kata law, because in their opinion it causes a negative domino effect in the...

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So far, more high-quality wheat has been collected in Tolna than last year

More high-quality wheat than last year was harvested on 59 percent of the crop area in Tolna County; the average yield of barley falls short of the previous year –...

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Nagy István: joint action is needed to solve the transport of Ukrainian grain exports

A joint action is needed to solve the transport of Ukrainian grain exports – stressed Nagy István, Minister of Agriculture on Friday on M1 news channel, after meeting with Mykola...

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The euro area’s foreign trade deficit decreased in May

The negative balance of the foreign trade balance of the eurozone (in trade with countries outside the eurozone) was 26.3 billion euros in May, smaller than the record deficit of...

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Wheat and dairy punctuate 12.2% spike in food prices in the last year in the US

Prices for food-at-home shot up 12.2% over the last year, the largest 12-month jump posted since April 1979, according to the Bureau of Labor Statistics’ Consumer Price Index for June. Overall inflation was 9.1%...

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Such serious consequences can be caused by the crisis that is tearing at our necks

The growth of the world economy is already slowing down, and Europe is facing increasing energy supply problems. As winter approaches, the chance that you will have to save on...

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AM: the Hungarian Fisheries Operational Program Plusz is before the European Commission

On July 14, 2022, the Ministry of Agriculture officially submitted the 2021-2027 Hungarian Fisheries Operational Program Plusz (MAHOP Plusz) to the European Commission, the ministry told MTI on Friday. The...

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Giacomo Pedranzini: Animal welfare in practice

Since my parents were alpine shepherds and raised cattle, animals have been close to me since I was a small child. I have been living in Hungary for 28 years...

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Restrictions due to avian flu have been lifted in Hungary

The protection against the bird flu epidemic proved to be successful: tests have not detected the virus in the domestic poultry population for more than a month. Taking into account...

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Supreva, the wholesale online marketplace offering deferred payment options, has also arrived in Hungary

The new digital platform, Supreva, is an online marketplace that allows small business owners and independent brands to sell and buy in one place at manufacturer prices. Thanks to the...

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BDO: The food chain supervision fee must be paid by the end of the month

The payment of the fee must be preceded by a declaration, and the tax number of the person obliged to pay and the number of the downloaded financial document must...

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