News and articles
Varga: it is a priority is to strengthen competitiveness
The government continues to emphasize its task of effectively helping to strengthen the competitiveness of Hungarian businesses – the Minister of Finance said at a press conference held after the...
Read moreThe Varga Pincészet Kft. is expanding its bottling capacity from more than 800 million forints
With an EU subsidy of over three hundred million forints and a similar amount of interest-subsidized loan, the Varga Pincészet Kft. will develop its bottle filling capacity from around 800...
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The NAV helps you to comply with the rules from 1 July with a billing software
The National Tax and Customs Office (NAV) helps to comply with the rules from 1 July with a free billing software – NAV informed MTI on Tuesday. The National Tax...
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Carbon dioxide shortage plagues the British economy
There is a growing carbon shortage in Great Britain. Some producers of soft drinks, beer and meat processing companies have already reduced their production. Market participants are urging government intervention...
Read moreEU protective tariff makes US products more expensive
Domestic companies importing American goods do not have to submit any additional declarations or documents, despite the 25 percent EU protective tariff, but have to pay higher customs tariffs during...
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China spent the most on advertising during the World Cup
Though the Chinese national team did not qualify for the World Cup, the Chinese companies pay huge amounts of money on commercials. The event is a great opportunity for the...
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British scientists have developed an anti-aging chocolate
A daily 7.5g bar of the chocolate can change the underlying skin stucture of a 50 year old to that of someone in their 30s, say developers Its makers say...
Read moreIn Bulgaria, they defend against swine fever by shooting wild boars
The mass shootout of wild boars was ordered in Dobric County, North Bulgaria, after having identified the 15 points of African swine fever (ASP) in the neighboring Tulcea County, Romania....
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FAO and UNHCR launch new tool to save forests in displacement-affected areas
he United Nations’ Food and Agriculture Organization (FAO) and Refugee Agency (UNHCR) launched today a new handbook to help restore forests in displacement-affected areas, where heavy reliance on woodfuel puts...
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Artificial meat is here soon
In the United States and the Netherlands, scientists are close to create artificial meat, as evidenced by the fact that the US Congress is already addressing this issue – agrarszektor.hu...
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Magazine: Trust is the most important!
The baby care product category is driving sales with continuous innovation and promotional activities. Dorottya Póder, junior brand manager of Unilever Magyarország Kft. told our magazine that diaper buyers are open...
Read moreGfK: retail sales may increase by 6 percent this year
Retail retail sales can grow by 6 percent this year in Hungary, while in the EU-28, the average growth will be 2.1 percent, according to a study of GfK’s market...
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AMC launched a campaign promoting domestic melons
A campaign to promote the consumption of domestic melons was launched on Monday by the Ministry of Agriculture (AM), the Agrármarketing Centrum (AMC) and the National Chamber of Agriculture (NAK)....
Read moreGMO-free agriculture is a strategic issue
Hungary treats the GMO-free status of agriculture as a strategic issue and acknowledged the importance of gene preservation among the first – the Parliamentary Minister of State of the Ministry...
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Very poor apricot crops are expected
It is possible that we can harvest the poorest apricot crop of the past 10 -15 years this year – Apáti Ferenc, Vice President of the FruitVeB Hungarian Vegetables and...
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Hungarian melons are already available at most chain of stores
Domestically produced melons are available at most of the Hungarian chain of stores, according to market participants. Lidl Magyarország in its communication sent to MTI stated that from last Thursday...
Read moreThe festival season begins at ALDI
Festival goers can meet with the temporary ALDI shops in Hungary for three years. This year, two ALDI pop-up stores and three ALDI GrillTerraces are waiting for the participants of...
Read moreThe Savings Bank has improved its GDP forecast
Takarékbank’s analysts have slightly increased their forecast for GDP growth this year, from 4.5 percent to 4.6 percent – basically on the basis of boosting investment – Suppan Gergely, senior...
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The NAV follows the turnover of food and drink automats from 1 July
Until 1 July, the companies operating the food and drink automats must install the automated control unit into their machines. In a statement sent to the MTI on Friday, the...
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The new, revamped CEBIT enjoyed a successful premiere
With the new triad consisting of tradeshow, conference, and networking event in a festival atmosphere, the new CEBIT offered fascinating insights into the digitization of the economy and society. The...
Read moreAgricultural exports to China can be expanded
Agricultural exports to China can be expanded, especially in the exports of high-processed products, – the Parliamentary Minister of State of the Ministry of Agriculture said at the consultation he...
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Magazine: Have a nice meal!
Hungary’s cooking oil market is still dominated by sunflower seed oils. According to Brigitta Kosaras, brand manager of the market leader Bunge Zrt., private label products have been reigning in the...
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GKI’s economic sentiment index reached a new historic peak
GKI’s economic sentiment index reached another peak in June. According to the empirical survey conducted by GKI with the support of the EU, business expectations in June were close to...
Read moreHungary is the fourth cheapest country in the EU
In 2017, Denmark was the most expensive country in the European Union and Bulgaria was the cheapest. Hungary was the fourth cheapest country on the list after Poland, Romania and...
Read moreAnalysts: growth can be higher than expected all year
The growth of Hungary’s GDP in the first quarter was slightly higher than expected. As a result the Takarékbank and ING Bank have already upgraded their growth expectations for the...
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Milk fat grew by more than a quarter in a year
Industry analysts have warned for this trend for months, but they did not even expect such a change. The fat value of milk grew by be 27 percent, while its...
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New Managing Director at Szamos
In addition to the unchanged ownership structure, the Szamos Marcipán Kft. has become a holding and the management of the Szamos family business also appointed a new managing director. Justin...
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New Chief Executive at Sága
From 1 August, a new Chief Executive directs the leading dairy product brand producing company in the Hungarian market, the Sága Foods Zrt.. Muzsek András would lead the Sárvár-based company...
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The FruitVeb and the Budapest Wholesale Market renewed their cooperation
Házi Zoltán, Chief Executive Officer of the Budapest Wholesale Market emphasized the development of infrastructure and the importance of the flow of information at the press conference of the Second...
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