News and articles
Each competition authority approved the acquisition of PepsiCo’s interests
The competition office of all three countries approved Karlovarské minerální vody (Kmv) for the acquisition of the Hungarian subsidiary of PepsiCo and the takeover of its Czech and Slovakian interests...
Read moreGrowth in retail sales slowed in the Czech Republic
In September, the rate of growth in retail sales in the Czech Republic dropped to 1.4 percent, from the 4.2 percent in August – the Czech Statistical Office (CSÚ) reported...
Read moreEBRD: Central European EU economies perform better than expected
The European Bank for Reconstruction and Development (EBRD) has improved in its comprehensive autumn prognosis for the forecasts of the growth rates of the central and eastern European economies, including...
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The economic sentiment in the euro area and in the EU decreased in October
The economic sentiment in the euro area and in the EU decreased in October – according to the data of the European Commission’s Directorate-General for Economic and Financial Affairs (DG...
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Fruit plantations without permission can be announced until 31 December
Farmers can announce their plantations without permission until 31 December, and if they miss the deadline it may cost up to 20 to 50 thousand for to them – the...
Read moreBonduelle processes 175 thousand tonnes of sweet corn produced in Hungary per year
The Bonduelle Central Europe Kft. processes 175 thousand tonnes of sweet corn grown in Hungary and sells 95 percent of its products on European markets – the company told MTI....
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The genetic research base of the Bábolna TETRA Kft. was handed over
The poultry genetic research base of the Bábolna TETRA Kft. was handed over in Uraiújfalu, Vas county, where scientists and experts will work on breeding new hybrids that, in addition...
Read moreA Hungarian trade center was opened in Shanghai
Hungary has realized in time that the Chinese market is a great opportunity for high quality Hungarian products and services – Szijjártó Péter, Minister of Foreign Affairs told on Sunday...
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Experts: social responsibility strengthens competitiveness
The corporate and environmental responsibility of companies strengthens economic competitiveness – experts told at the CSR Hungary Summit. Csath Magdolna, professor at the National University of Public Service (NKE), said...
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KSH: the number of employees increased in the third quarter
In the third quarter of this year, the average number of employees was 4 million 487 thousand, 36 thousand more than a year before. The employment rate of 15-64 year-olds...
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The Agricultural Research Center expanded its profile with ornamental plant research
A new profile has been added to the Fruit Production Research Institute of the National Agricultural Research and Innovation Center (NAIK), which continues its scientific work as Fruit and Ornamental...
Read moreRetail sales in Germany are worse than expected
Another disappointing data came from Germany: the retail turnover in September became much worse than expected. According to preliminary data from the German Federal Statistical Office (Destatis), retail sales declined...
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Coca-Cola’s report was published
Coca-Cola published its third quarterly report on Tuesday. The company’s revenue fell by 9.2 percent to 8.245 billion USD, compared with the same period of the previous year. Coca-Cola explained...
Read moreAfrican swine fever has appeared in another county in Romania
African swine fever (ASF) is spreading further in Romania. The disease appeared in Dolj county, Oltenia, where the affected farmers rebelled against veterinary experts coming to kill their livestock. According...
Read moreGfK: purchasing power in Hungary grew by more than 7 percent this year
Purchasing power per capita in Hungary this year grew to 6654 euros, by more than 7 percent, compared to last year, while the European growth rate is 2.5 percent –...
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The proportion of non-carbonated mineral waters increases slowly
According to Nielsen’s most recent analysis, the Hungarian mineral water market has reached a 5.8 percent increase from January to September 2018, compared to the same period last year, in...
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Etele Plaza is the best Hungarian commercial project
The Etele Plaza of the Futureal Group was chosen as the best Hungarian commercial project at the European Property Awards International Competition. Buda’s largest shopping center was also awarded a...
Read moreThe Ministry of Agriculture announced rural development tenders in a value of about 63 billion HUF
With a budget of about 63 billion forints, three new rural development calls for proposals have been announced by the Ministry of Agriculture (AM). The proposals serve the support of...
Read moreTesco sells more than 1,000 tonnes of pumpkin during the season
For this season Tesco offers 11 types of pumpkin from Hungarian producers, with a total of about 1000 tonnes. You can also look for a halloween pumpkin produced in the...
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The W.K. Kellogg Crunchy Cereal arrives with nutrient-rich ingredients
It’s hard to find a breakfast that’s fast, healthy, nutritious and does not contain sugar – or just contain a few – and all that is fine. The latest vegan...
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The Aldi whiskys won two gold medals
Aldi’s Alcoholic Drinks won again at the prestigious Spirits Business Scotch Whisky Masters contest. Two brands of the discount chain – the Highland Black Scotch Whiskey and teh Islay Single...
Read moreCorn yields above nine tonnes in Tolna county
Corn yields exceeded nine tonnes per hectare this year in Tolna County, where the planting area of the plant has decreased by more than 10,000 hectares last year – the...
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Turkey dishes, which you will love in the fall
Thanks to its neutral taste and smooth texture, the turkey can be combined with many seasonal ingredients. Use October we boldly vary meat with sweet, bitter and salty products. Gallicoop’s...
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Internet discrimination ends in December
According to the European Commission’s survey, 63 percent of the webshops in the EU do not allow online purchases from other Member States, which seriously hampers the completion of the...
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Nébih withdrew Chinese food supplements from the market
Three Chinese dietary supplements were withdrawn from the market by the National Food Chain Safety Office (Nébih). The measure became necessary because of the drug content of the medicines ordered...
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Retail trade in the euro area has declined
In August, instead of expected growth, the retail sector’s turnover in the euro area was reduced on a monthly basis, according to a report published by Eurostat on Wednesday. In...
Read moreRomania will introduce a reduced VAT for tourism services
The Romanian government has decided to introduce a reduced 5 percent VAT for tourism services from 1 November – Nelu Barbu, government spokesman announced. In Romania, the general VAT rate...
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Magazine: Dairy Board urges for acting together
Tibor Mélykuti, president of the Milk Interbranch Organisation and Dairy Board has told that the due to the extremely dry weather in the summer of 2018, dairy farmers couldn’t grow...
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Chamber of Agriculture: the growing area of vegetables can reach 2000 hectares
According to the National Chamber of Agriculture (NAK), domestic carrot production can develop considerably. The growing area of vegetables can reach 1800 to 2000 hectares. In a statement sent to...
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