Market News
Less and less plastic even before the ban
We were able to use 15 000 tonnes of single-use plastics (e.g. food boxes, drink cups, bags) each year, the placing on the market of which was banned by the...
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AM: active Hungarian participation for sustainable food
Hungary is a multifaceted participant in world food projects and is committed to achieving sustainability goals, Bencsik Dávid, Deputy State Secretary for International Relations at the Ministry of Agriculture said...
Read moreThe Eger wine region has a new image
The Eger wine region has a new image that refers to traditions, but also to the future. The new logo depicting a winged bull and the image based on it...
Read more98 percent of winter barley was harvested in Zala County
Almost 98 percent of the winter barley was harvested in Zala County, and the harvest of winter wheat and seed peas began in the fields, the county president of the...
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Due to the devastating Brazilian drought, coffee could become more expensive this year
Coffee has become more expensive in the recent period, only this has not been experienced by consumers yet: the most severe drought of the past 100 years hit Brazil this...
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The EU has adopted the recovery plans for 12 EU member states
The Council of EU Economic and Finance Ministers (Ecofin) adopted the 12 Member States’ national recovery plans on Tuesday. The main aim of which is to finance recovery from the...
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Protracted contracting may also stand in the way of growth for companies
The protracted contracting process is downgrading companies’ growth prospects, according to joint research by EY and Harvard Law School Center involving 1,000 legal experts. A contract that is late or...
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The Generali Foundation for Safety help the heroes of the epidemic with a unique program
The coronavirus pandemic has undoubtedly left a mark on our daily lives, social relationships, school and office work, but it has mostly upset our spiritual balance. However, healthcare workers have...
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(HU) A pandémia sem törte le az informatikusok magas fizetését
Sorry, this entry is only available in HU....
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A new challenge for companies: cash paid for ransomware attacks have jumped dramatically
The amount of ransoms paid globally for ransomware attacks rose to an unprecedented $20 billion last year. In addition to the large ones, small and medium-sized enterprises are on the...
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The national hail mitigation system worked well
The soil-generated national hail mitigation system has operated nationwide, however, despite being state-of-the-art technology, it cannot provide effective protection against supercells. According to preliminary data, hail reports have been received...
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Pond fish production increased last year
Last year, the fish production of Hungarian pond farms increased, reaching 21,353 tons, 4 percent more than in the previous year, according to the sectoral summary of the Institute of...
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Budapest Bank’s agricultural economic index rose to a record level
Hungarian farmers have a positive view of the future. Budapest Bank’s latest agricultural economic index was 16 points, the highest value in the last 6 years, an increase of 20...
Read moreOcean shipping can pocket huge profits
This year could be a big year for ocean shipping companies, as they could pocket up to 100 billion USD in profits in 2021, origo wrote. In addition, analysts say...
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Organic farming on an upward trajectory in Hungary
In Hungary, the ecological arable land size has increased by about 70 percent to almost 100,000 hectares in the last ten years. According to the working group of the Interprofessional...
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UN report: Pandemic year marked by spike in world hunger
There was a dramatic worsening of world hunger in 2020, the United Nations said today – much of it likely related to the fallout of COVID-19. While the pandemic’s impact...
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Blokkk.com: Budapest stores are the last to open
The traditional shopkeeping industry is improving. The hunting of real estate and moving away from the epidemic is also reflected in the shop world, since the shops of the capital...
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Analysts: inflation is worse than expected
According to analysts interviewed by MTI Inflation turned out worse than expected in June. The expect the central bank to continue raising interest rates. According to a report by the...
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At the end of June, Groupama received almost 1 billion HUF in agricultural claims
After the last weekend of June, Groupama received almost 600 claims worth a total of 1 billion HUF, the insurance company told MTI. The damage was mainly caused by hail...
Read moreK&H Bank: The expectations of SMEs are on a 17-year peak
The K&H Bank’s SME Confidence Index rose by twenty points, to the most optimistic value of a survey examining the expectations of Hungarian small and medium-sized enterprises for 17 years....
Read moreAnother tender was announced to support horticultural plants
With a budget of fifty billion forints, another tender was announced for the technological renewal of smaller horticultural plants, the Minister of Agriculture announced in Szentes on Thursday. Nagy István...
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Small farmers will have more space
Hungarian small producers, family farmers, micro, small and medium food enterprises are the basis of Hungarian agriculture. The Ministry has set a vision for giving these small entrepreneurs even more...
Read moreMinistry of Agriculture: the domestic food industry can count on government support
Increasing the productivity of the Hungarian food economy is a key issue, for which it is extremely important to support digitization and the application of new technologies, Erdős Norbert, State...
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Here are the data, where are the data…?
In today’s more and more digital economy one of the most important questions is: What is happening to the data of the customer when they buy something online? E-commerce operations...
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The forecast of GKI Economic Research Co. for 2021 – Summary of the June update of the March 2021 forecast for the press, 30 June 2021
GKI raised its growth forecast for this year very significantly to 7 per cent from 4.3 per cent in March. This is based on a faster-than-expected recovery from the crisis,...
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KSH: prices increased by 5.3 percent on an annual basis In June
In June, consumer prices were on average 5.3 percent higher than a year before, and the prices of alcoholic beverages, tobacco and fuel have risen significantly in the past year,...
Read moreKopint-Tárki expects higher economic growth compared to its previous forecast
Kopint-Tárki expects GDP growth of 5-5.5 percent this year, instead of the 4.5 percent indicated in April, according to the latest business report published on the research institute’s website. In...
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Chamber of Agriculture: Hungarian watermelon will be of high quality
The watermelon harvest will begin in the southern regions of the country at the end of this week, and due to the favorable weather in recent weeks, producers expect excellent...
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FAO: food prices decreased in June for the first time in 12 months
In June, for the first time in 12 months, food prices fell globally on a monthly basis. The Food and Agriculture Organization of the United Nations (FAO) calculated that the...
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K&H is urging the modernization of grain storage
Modern grain storage could reduce losses to a fraction, but most domestic storages have not been developed for decades – K&H told MTI. According to the financial institution, the development...
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