News and articles

London analysts: domestic consumption offsets the weakening of external demand

According to London financial analysts, the strong domestic consumption, which counterbalances the weakening of external demand, is the driving force behind the robust first quarter growth momentum of the Hungarian...

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We continue to stand up to the tax exemption for home-made pálinka

Hungary still does not support the taxation of home-made pálinka cooking, and at every forum stands for the European Union to allow tax exemption for the production of fruit distillate...

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Field Days and Agricultural MachineShow on larger area than ever before

The 3rd NAK Field Days and Agricultural MachineShow awaits the visitors on May 23 and 24 in Mezőfalva, where 150 exhibitors will represent themselves. The National Agricultural Chamber (NAK) and...

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Thirty concerts and thirty winemakers at the Rozé Rizling Jazz Days in Veszprém in July

Thirty concerts and thirty winemakers await those interested to the 9th Rozé Rizling Jazz Days from 5 to 14 July in Veszprém – the Executive Director of the event series...

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A new business park is being built in South Buda

The White Star Real Estate is building the new business park called Park22 in 22nd district of the capital. The value of the investment is 15 billion HUF – the...

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AM: Hungary contributes to the development of food security in the developing countries

Hungary contributes to the development of food security in developing countries – Nagy István, Minister of Agriculture said at the joint conference of the Ministry of Agriculture and the United...

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Agrarian digitization can open up new external market prospects

The strategy for career guidance through vocational training and the dissemination of digital solutions also contributes to broadening the gates of new markets to farmers who can use the tools...

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Euro area inflation rose in April to a five-month peak

In April, euro area inflation rose to 1.7 percent, to a five-month peak, on the basis of Eurostat’s final data released by Eurostat on Friday. In April, the annual rate...

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In the United States, consumer sentiment reached a fifteen years peak in March

With a noticeable improvement, the consumer sentiment in the United States reached a fifteen years peak in May, according to a regular monthly survey of the University of Michigan. According...

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Tesco reduces food waste by 17 per cent

Supermarket giant Tesco has reduced its food waste by 17 per cent and distributed about 63 per cent of food waste to charities, community groups, colleagues and animal feed. Reducing food...

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La Linea Verde To Showcase Bagged Salads And Chilled Soups At PLMA

Leading Italian producer La Linea Verde will be exhibiting at PLMA on 21 and 22 May, showcasing its range of bagged salads and chilled fresh soups. The company is a...

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Italy’s Nova Coop Pilot Tests Home-Delivery Service

Italian regional cooperative Nova Coop is testing its first home-delivery service for online orders. The digital shop offers over 9,000 references from the grocery, fresh produce, and pre-packaged departments of...

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Magazine: We were ahead of our time!

There was full house at the first Hungarian Microsoft – Retail Day conference. On 7 March the representatives of the FMCG, energy, DIY and other sectors gathered to learn about the...

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A WebEye eltörli a belépési díjakat és fix, havi díjas elszámolásra vált

Új díjcsomagjaival új üzleti filozófiát honosít meg a 2018-as pénzügyi évet hatmilliárd forintot meghaladó árbevétellel és közel egymilliárd forintos EBITDA-val záró WebEye Telematics Zrt.  A régió piacvezető telematikai szereplőjeként a...

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Analysts: GDP growth exceeded expectations again

The 5.3 percent growth of gross domestic product (GDP) in the first quarter is higher than theexpectations of the market analysts interviewed by MTI, who expect a gradual slowdown in...

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Nagy István: without the latest technologies the fruit and vegetable sector cannot be successful

We need to give space to the newest technologies in the Hungarian fruit and vegetable sector, because without them it will not be successful – the Minister of Agriculture said...

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Bonafarm plans to invest nearly 100 billion forints

Bonafarm Zrt. plans to invest nearly 100 billion HUF in efficiency and capacity-building investments in 10 years – the company’s CEO said on Thursday in Budapest at celebration, held on...

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Tesco and Mars launch action against food waste to support the Hungarian Food Bank Association

Food waste is an important issue for Tesco. Food waste is being reduced by the company’s daily activities and several programs. Examples include the support action from May 16 to...

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A plant producing gluten-free basic baking mixtures was handed over in Nyíregyháza

The new plant was handed over in Nyíregyháza in the framework of consortium co-operation between the GOF Hungary (Grain-Oil and Protein Plant Production Co-ordinator) Ltd. and the KOR-AN 98 Agricultural,...

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Erste is working with winemakers

Erste Bank has signed a cooperation agreement with the representatives of the Szekszárd Wine Region for the development of the wine region. At Erste, the financing of agricultural and food...

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New summer experiences with new flavors from BURN Energy

BURN Energy launches a new flavor at the beginning of the summer. The Hungarian consumers will be the first in the world who can taste its pleasantly refreshing green apple...

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Water world meeting to be held in Budapest

The three dramas of water unfolds in front of our eyes: little water, plenty of water, and polluted water. And all three have serious economic consequences – Kőrösi Csaba, the...

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NAK: Let’s learn about liqueur making together

The Free Trade Directorate of the Food Industry Directorate of the National Chamber of Agricultural Economics (NAK) continues its free professional program series: in June, the members of the Chamber...

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Obesity is getting worse in Hungary

The rate of obesity among the adult population in Europe is the highest in Hungary, and we rank fourth after the United States, Mexico and New Zealand globally. Obesity is...

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EU goods turnover surplus has fallen compared the United States

The European Union’s trade surplus against the United States declined in the first quarter of this year, but China’s deficit has increased, according to the preliminary data published by the...

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Tetra Pak launches new Tetra Classic aseptic 65ml cube package

Food processing and packaging firm Tetra Pak has introduced new Tetra Classic aseptic 65ml cube package for dairy, juice and liquid food products. The new Tetra Classic packaging solution has...

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Müller relaunches yogurts in the UK with lower-sugar recipes

Müller is introducing new recipes for its Müllerlight and Müller Corner yogurt brands in the UK. Made possible thanks to the discovery of a new yogurt culture last year, the...

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Food firms plan to phase out industrially produced trans fats

Members of the International Food and Beverage Alliance (IFBA) – including Nestlé, The Coca-Cola Company and PepsiCo – will aim to phase out industrially produced trans fats from their products...

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Supermarkets In Asia Are Using Banana Leaves Instead Of Plastic Bags

Supermarkets in Vietnam and Thailand are leading the fight against single use plastics by doing away with plastic bags altogether and replacing them with banana leaves. Anyway, this new and...

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Magazine: ‘It is worth building on Hungarian consumers’

Tamás Éder, social president of the Hungarian Meat Industry Association has told at the traditional pre-Easter press conference in Budapest: what the industry needs is understanding and compassion from retailers...

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