Market News
Meat exports to Singapore can continue on exceptionally favorable terms
From now on, Hungary can supply pork and meat products to Singapore on more favorable terms than before, domestic producers do not have to meet any additional requirements for exports...
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Beekeepers are in big trouble this year
The wintry weather of the past few days, the frosts in the morning and the cold days not only made the nightmare of fruit growers a reality, but also put...
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Waves coming and going in the fruit juice sea
In the 1st quarter of 2020 the experts of Sió-Eckes Kft. observed dynamically growing value and volume sales in the FJND market. Sales were also increasing in the June-September period,...
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Magazine: Discounters are conquering Europe
According to the E-Scanner newsletter of the Private Label Manufacturers Association (PLMA), discount supermarkets have increased their market share and they are playing a very important role in European retail...
Read moreNAK: a significant amount of Hungarian asparagus arrives in stores this week
Hungarian asparagus will hit stores later this year, but this week customers can expect a significant amount – the National Chamber of Agriculture said to MTI. This year’s delay was...
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NAK: The alarm period for the hail damage mitigation control system has started
The protection period of the hail damage mitigation control system, which has been in operation since 2018, began on Wednesday – the National Chamber of Agriculture (NAK) told MTI on...
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Indigenous fruit trees are planted in Rákóczifalva
More than thirty different fruit trees native to Hungary will be planted on Thursday in the yard of one of the primary schools in Rákóczifalva, Jász-Nagykun-Szolnok County, in the area...
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(HU) Amit az elmúlt 15 hónapról tudni érdemes
Sorry, this entry is only available in HU....
Read moreOECD: The world economy needs to be rebuilt on new foundations
In view of the coronavirus pandemic and its dramatic consequences, the OECD recommends rebuilding the economy on a new foundation in order to strengthen resilience to crisis situations. OECD Secretary-General...
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AM: pig sector is an important strategic area
The pig sector is an important strategic area, so the future goal is to further develop the sector to play a key role in the development of Hungarian agriculture and...
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10 billion HUF food industry investment begins in Kiskunfélegyháza
A 10 billion HUF food industry investment will start in Kiskunfélegyháza with state support – the Minister of Foreign Affairs and Trade announced the investment of the Kiskunfélegyháza NT Kft....
Read moreAccording to a study, precision agriculture can bring 269 million euros to Hungary
In countries that rely heavily on agriculture, the spread of 5G networks and the agricultural solutions based on them can represent an outstandingly high added value in terms of investment....
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This is what people plan to the spend a lot on this year
38 percent of those surveyed believe that they can breathe a sigh of relief about their finances as early as this year and even afford higher expenses, according to research...
Read moreSlovakia will ease restrictions
Restrictions on the spread of the coronavirus in Slovakia from Monday will be eased, shops may be opened under certain conditions and church services may be visited, according to a...
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Documentary shows the social enterprises of the Hungarian Maltese Charity
The well-known saying is that it is not necessary to give fish to the hungry, but to teach them how to fish. In this spirit, the Hungarian Maltese Charity launched...
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P&G inks multiyear MLS sponsorship
Procter & Gamble signed a multiyear sponsorship of Major League Soccer (MLS) that aims to bring greater equity and inclusion to the sport while broadening the CPG giant’s reach with...
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Employers will be monitored more rigorously by the Employment Authority from March
In the course of official labour inspections starting after day 1 of the AP, employers will be monitored by the employment supervisory authority with slightly new, one shade, or rather...
Read moreNAV found a criminal gang involved in the illegal tobacco trade
More than three hundred million forints of damage was caused by a criminal association dealing with the illegal tobacco trade, which was recently liquidated by the National Tax and Customs...
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Total press market revenue in 2020 was HUF 101.569 billion
The press has retained its place within the mediacake, in 2020 the total media market revenue was HUF 101.569 billion. The print advertising segment remains a serious factor, and despite...
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Trade deficit with China grows as imports soar
The value of Chinese imports in the first months of 2021 alone reached $15.42 billion, twice as much as the value of Vietnamese exports to the market. mport turnover from...
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The Competition Office and Corvinus University cooperate for the development of hungarian economics
A cooperation agreement has been set between the Economic Competition Office (GVH) and Corvinus University of Budapest (BCE) for the development and support of Hungarian economic expertise. The agreement provides...
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A 10 billion HUF food investment will begin in Kiskunfélegyháza
With state support, 10 billion HUF food investment will begin in Kiskungyháza. Péter Szijjártó stated that the government will contribute HUF 1.7 billion to the partly greenfield and partly capacity-building...
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Magazine: Spreads fighting for a place on the knife
In 2020 margarine, butter and other spread retail sales increased by two-digit numbers in the spring period; however, in the HoReCa sector demand fell for these products. Although in the...
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FAO-Hungarian cooperation for sustainable food
Making the world’s food systems sustainable is not only important for the FAO, but it is also in line with Hungarian national interests. Bencsik Dávid, Deputy Secretary of State for...
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Nébih’s educational program has expanded
The National Food Chain Safety Authority’s (Nébih) education program has also been expanded with live, online lessons and several new materials for preschool and elementary school age groups. Nébih told...
Read moreThe ZEW Eurozone and German Economic Index declined strongly in April, but remains highly optimistic
For April, instead of the expected increase, the ZEW Economic Research Institute’s investor sentiment index in Germany and the euro area declined, but in absolute terms it is at a...
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Nearly half a million under-25s could be affected by next year’s SZJA exemption
As of 2022, there were an order of magnitude 280,000 people affected by the SZJA exemption for under-25s. This is derived from the age group employment data of the CSO,...
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