Market News

The spring seasonal food chain control has begun

The spring seasonal food chain control has started – piacesprofit.hu wrote. The national action lasts until the end of the Easter holidays, ie until 22 April. The control series focuses...

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More than 2.2 billion forints to develop the food market

Twenty settlements close to Budapest won more than 2.2 billion forints, mainly for the construction and development of the food market – Rákossy Balázs, Minister of State of the Ministry...

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Nébih: there is no avian flu in Hungary

There is no avian flu in Hungary, but there is a sporadic outbreak of avian influenza in Europe – Vajda Lajos, Head of the Veterinary and Animal Protection Directorate of...

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The German economy was the weakest in March in the past six years

The performance of the German economy in March was the weakest in the past six years – according to preliminary data of the London-based IHS Markit Economic Research Institute. The...

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Central and Eastern Europe will maintain a healthy growth pace in 2019

UniCredit presented its long term strategic perspectives on the region and on the key drivers for growth at a workshop hosted at the annual Euromoney CEE Forum in Vienna CEE...

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Magazine: Fruits and vegetables: stronger role for hypermarkets, supermarkets and discounters

The typical Hungarian household buys vegetables 89 times a year, on average 1.2kg per occasion; families buy fruits 48 times a year, taking home 1.7kg at a time – revealed...

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One hundred thousand people have already filled the farmer’s petition

Over a period of four weeks, one hundred thousand people signed the petition launched by the National Agricultural Chamber (NAK) and the Hungarian Association of Farmers and Farmers (Magosz). The...

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The program to renew the closed gardens has been restarted

With the amount of two billion forints, this year, the Closed Garden Renewal Program will be re-launched – Nagy István, Minister of Agriculture said in Oszkó, Vas County. The program...

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Only 0.007 percent of the planet’s water resources can be achieved easily

Only 0.007 percent of the Earth’s water resources are on the surface, easily accessible, not too polluted, and can be used immediately. This is called the hydrological James Bond ratio...

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Consumer sentiment improved somewhat in March in the euro area

In March, consumer sentiment improved in the euro area on the basis of a survey published by the European Commission’s Economic and Financial Directorate on Thursday. Based on preliminary data...

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The states would reduce the corporate income tax worldwide

The corporate income tax rate has declined by nearly a third in recent decades globally, according to the latest international analysis by the Tax Foundation covering 208 countries. On average,...

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Vegetables for prescription so we can save on public health spending

How the United States could easily and quickly save 100 billion USD a year on health spendings? A group of US researchers have a good idea how to do it,...

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Magazine: A fruitful period for fruit juice companies

Sió-Eckes’ experience is that the fruit juice market is one of the biggest winners of the growth in FMCG consumption. The company’s numbers show that the market in total expanded...

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The slow deterioration of the GKI economic sentiment index continued in March

Although the GKI economic sentiment index was rising constantly in the last quarter of 2018, it declined slightly but steadily during the first quarter of 2019. The deterioration in March,...

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Nébih to built a smart food chain security analysis system

The National Food Chain Safety Agency (Nébih) completed the development of the Intelligent Food Chain Safety Analysis System (Intel) with an investment of 3,805 billion HUF within the Széchenyi 2020...

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AKI: agricultural foreign trade surplus decreased the, but the proportion of processed products has increased last year

The exports of agricultural and food products decreased last year, while imports increased, so the foreign trade surplus of the sector declined compared to the previous year, while the exchange...

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FruitVeB calls to start the irrigation season sooner

The extraordinary drought in the Southern Great Plain makes it impossible to sow and grow on thousands of hectares – according to FruitVeB’s press release. The sowing of green peas,...

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Eggs are getting more expensive

Eggs are getting more expensive again before Easter. In many places, they already cost 60 forints, and in the future you can expect an additional 10 forints increase – origo...

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“Water for Everyone”: the right amount and quality of water is essential for the agri-culture

March 22 is World Water Day. It is worth to talk about the methods of water supply and quality that are adequate for food safety. It is undisputed that domestic...

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The agricultural machinery market closed a record year last year

Last year, the agricultural machinery market reached record sales. According to data from the Agricultural Research Institute (AKI), new agricultural machinery was purchased in the value of 175 billion HUF...

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The Ministry of Agriculture is creating a biodiversity and gene conservation center

By merging the two prominent gene conservation institutions, the Ministry of Agriculture establishes the National Biodiversity and Gene Conservation Center – Nagy István Minister of Agriculture announced. Nagy István recalled...

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A cold store to be built in Nyírparasznya, Szabolcs-Szatmár-Bereg county

With 100 percent EU funding, a new cold store to be built from nearly 463 million forints in Nyírparasznya, Szabolcs-Szatmár-Bereg county – the municipality told MTI on Friday. According to...

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The damage caused by cyber criminals is doubling over the next three years, according to a survey

The cost of cybercrime is doubling over the next three years, according to an analysis by ESET’s IT security experts. The damage caused by cyber criminals was 3,000 billion USD...

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The growth rate of the euro area’s economic performance slowed down in March

Instead of the expected strengthening, the growth rate of the euro area’s economic performance slowed down in March, according to a report published on Friday by the London-based IHS Markit,...

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Magazine: Preparation – and not only for 2019

Hungarian retail trade ended 2018 stronger than it had been at the beginning of the year. The numbers are alright, but this is the time when companies have to start...

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A reconsidered vegetable and fruit processing program to be started

The Food Industry Directorate of the National Chamber of Agricultural Economics (NAK) announces its “Learn together! – Fruit and Vegetable Processing“ event. Considering the great interest and success, the Food...

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AM: the government is striving to stimulate the market for quality beers

In addition to maintaining the dynamic development of the beer sector, the government is striving to stimulate the market of quality beers and widen the segment of craft beers –...

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Pénzügykutató Zrt.: GDP will grow modestly by 3.7 percent this year

According to the latest forecast of Pénzügykutató Zrt., while the Hungarian economy grew by a record 4.9 percent last year, this year the momentum will break, it is expected to...

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Apple juice will be made of edible apple

Fruits stored in cold stores as edible apples have suffered such a loss of quality in the autumn that – as a remedy for the damage – the juice plants...

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Nébih warns of the importance of preventing avian influenza

Ensuring the epidemiological closure of the poultry farms is of utmost importance to prevent another avian influenza epidemic in Hungary – the National Food Chain Safety Authority (Nébih) called the...

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