Market News
Hungarian Obesity Science Society: Overweight patients cost 207 billion HUF for the budget every year
Obesity is a common disease in Hungary. According to the latest OECD report, Hungarians are Europe’s most obese nation and fourth most obese in the world; 30 percent of people...
Read moreIMF has improved the Hungarian GDP growth forecast for 2018 and 2019
The International Monetary Fund (IMF) has improved its GDP growth forecast for this year and the next year in its autumn global economic forecast. According to the World Economy Outlook,...
Read moreKSH: prices increased by 3.6 percent in a year
In September, consumer prices were 3.6 percent higher than in the previous year; increasing by an average of 0.3 percent, compared to August – the Central Statistical Office (KSH) reported...
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Food waste should be reduced
Food waste should be reduced, Hungary is on a good track to fight against the food waste in households – the Minister of State of the Ministry of Agriculture, responsible...
Read moreEU agricultural commissioner: the level of CAP funds can be maintained by increasing the contribution of the Member States
Phil Hogan European Commissioner for Agriculture and Rural Development highlighted in Budapest at the event organized by the National Chamber of Agriculture (NAK), that Hungary is a “key partner”, a...
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Exports increased by 0.9 percent in August
In August, exports calculated in euros increased by just 0.9 percent, compared to the year before, following the 11.4 percent peak in July. Import increased by 6.1 percent, after the...
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Billion HUF business modernization begins in Kaposvár
Downtown shops and parks are rebuilt in Kaposvár, spending 1.1 billion forints for the spring reconstruction – the Mayor of the city said on Monday in Kaposvár, Somogy county. Szita...
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Nébih: metal pieces were found in one of the chocolate goji berries product
According to the United Kingdom’s announcement, the metal pieces were found in one of the chocolate grizzled raw goji berries products of which shipments also came to Hungary. The manufacturer...
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Magazine: Paying in cash will soon be history…
According to PayPal president Dan Schulman, cash will be part of our everyday life for a long time. Marcin Glogowski, general manager of PayPal in Central Eastern Europe told: a...
Read moreLess than half of the farms are covered by insurance
A total of almost 4 billion HUF worth plant damages were generated in agriculture, which was linked to more than seven and a half thousand announcements – Világgazdaság Online wrote....
Read moreHalf a billion forints compensation for African swine fever
This year, Mangalica breeders can apply for an income replacement support of half a billion forints allowances due to African swine fever – according to the decree of the Minister...
Read moreBe a Recognized Tracking Specialist!
The tracking in supply chains is a cornerstone, a legally required obligation that is strictly controlled and that can change the revenue and reputation of the businesses. Human life can...
Read moreEU Commissioner for Agriculture: Hungary is a key partner in agricultural policy negotiations
Hungary is a key partner, a key factor in the bargaining process for the new EU budget period and the Common Agricultural Policy (CAP) rules -Phil Hogan, EU Commissioner for...
Read moreThe modernization loan is popular
In less than three weeks, claims were received to more than ten percent to the MFB Points Network. The modernization loan aims to increase the competitiveness of the small and...
Read moreNAV withdrew 1.5 billion HUF worth smuggled tobacco
In eight months, 1.5 billion HUF worth illegal tobacco products were withdrawn from the black market by the tax authorities. The Magyar Idők Online wrote that the staff members of...
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MDOSZ: Hungarian children consume only half of the recommended calcium intake
Compared to the previous years, Hungarian children consume more calcium, but it is still only half of the recommended calcium intake – according to the survey of the Hungarian Association...
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Magazine: New regulation brings improvement
In August 2017 the new Hungarian Food Book entered into force, which specifies the minimum meat and mechanically deboned meat contents of meat products – in the wiener/frankfurter category the...
Read moreThe Savings Bank raised its growth forecast to 4.1 percent next year
The Savings Bank (Takarékbank) confirmed its 4.6 percent forecast for the growth of the Hungarian economy this year, basically based on the boom in investment. However in 2019, the GDP...
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Minister of Agriculture: cooperation is needed in domestic apple production
In order to solve the problems of the domestic apple farming, a common proposal, agreement and the cooperation of farmers are needed – the Minister of Agriculture said on Thursday...
Read moreThe aim is to prevent the spread of swine fever
The two most important veterinary tasks of the next period are the most effective limitation of the spread of African swine fever (ASP) and the prevention of cross-contamination into domestic...
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ITM: nő az egyszer használatos műanyagok termékdíja
A termékdíjtörvény módosításával várhatóan nő az egyszer használatos műanyag poharak, edények termékdíja, és a kör várhatóan tovább bővül az egyszer használatos műanyag evőeszközökkel, köztük a keverőpálcával és a szívószállal –...
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Emlékeztetőt írtak alá visegrádi országok az EU következő keretköltségvetésének finanszírozásáról
Rendkívüli jelentőségűnek minősítette Peter Kazimír szlovák pénzügyminiszter azt az emlékeztetőt, amit az Európai Unió következő keretköltségvetésének bevételi oldaláról írt alá a négy visegrádi ország pénzügyminisztere pénteken Csorbatóban (Strbské Pleso). A...
Read moreTöbb kukorica és napraforgó termett az idén Zala megyében
Kukoricából és napraforgóból is több termett az idén Zala megyében, mint az elmúlt évben. A kukorica hektáronkénti átlaghozama 8,7 tonna lett, napraforgóból pedig átlagosan 2,9 tonna termést takarítottak be hektáronként...
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New whisky record at Bonhams auction
A bottle of the extremely rare The Macallan Valerio Adami 1926 whisky was sold at Bonhams Whisky Sale in Edinburgh on 3 October setting a new world record of 848,750...
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The EU supports the introduction of new customs rules in Africa
The European Union supports the work of the African authorities for the introduction of global customs rules and facilitating trade by 5 million euros (about 1.6 billion forints) – the...
Read moreAnalysts: the increase in retail turnover exceeded expectations
The growth in retail trade in August was higher than the market expectations. It could be a good signal for the third quarter of GDP as well – market analysts...
Read moreThe plum season was average
In the average season, about 60-65 thousand tons of plums can be harvested by the farmers – magyaridok.hu wrote. Hunyadi István, the director of the Vegetable-Fruit Interprofessional Organization and Product...
Read moreThe Top 100 Hungarian Wines of 2018 publication was published
The Top 100 Hungarian Wines of 2018 publication was published with a new concept this year. The 2018 issue of the magazine, which has been published for more than 10...
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ITM: the number of complaints about product presentations reduced significantly
Due to government measures, the number of complaints received by the Consumer Protection Authority due to fraudulent product presentations has been reduced to less to a tenth – the Ministry...
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