Market News
Apricot production is expected to be poor
Apricot production is expected to be weak this year. Due to the frosts in March, less than half of the average 30,000 tonnes of crops will be harvested – was...
Read moreSmall horticultures are struggling with labor shortages
The seasonal work in horticultures is an indisputable problem, and many farmers find no workers to harvest crops. Labor shortages are a problem in the whole agrarian sector, together with...
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Palkovics László: Hungary will use 95 percent carbon dioxide-free energy in the future
In the future, Hungary will use 95 percent of carbon dioxide-free energy – Palkovics László Minister of Innovation and Technology, told MTI after he spoke on Wednesday at the United...
Read moreBritish retail sales on a fourteen-year peak
The growth rate of retail sales grew to a fourteen-year peak in the second quarter of the year in Britain, although consumers spent less in June. According to a statement...
Read moreFrench consumer mood deteriorated in June
Instead of expected stagnation, consumer confidence in France declined to its 21-month low in June, according to a statement of the National Statistical Office (Insee) published on Wednesday. In June,...
Read moreFAO and WorldFish forge partnership to build the resilience of fishers and fish farmers
The International Center for Living Aquatic Resources Management (WorldFish) and the UN Food and Agriculture Organization (FAO) today agreed to boost their efforts to build the resilience of fishers and...
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EU subsidies for Hungary are expected to decrease by a quarter from 2021
Although there is still debate over the final figures, according to the present plans, the European Commission (EC) proposes 17.9 billion euros (approximately 5.76 thousand billion forints) cohesion support for...
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Egg exports increased
Hungary’s egg import has declined, while our exports jumped in the first four months of this year – agrarszektor.hu wrote. There are countries where producers sell eggs 20 percent more...
Read moreWe coordinate with several countries in swine fever case
In addition to Ukraine, there have been negotiations with other countries about swine fever – Bognár Lajos chief veterinarian and Deputy Secretary of State for food chain supervision at the...
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Innovations in the Food Industry
The agrarszektor.hu collected some ideas and products that are innovative and are truly revolutionary solutions. New Preservation Technology The shelf life of vegetables and fruits can be extended by drying...
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KSH: R&D expenditures increased by 21 percent in 2017
Last year, Hungary spent 517 billion forints for Research and Development (R&D), corresponding to 1.35 percent of the GDP. R&D expenditures have risen by 21 percent ie by 90 billion...
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A record amount of raspberries and blackberries grown in the Pilis Park Forest
A record amount of forest fruits has been grown this year in the highlands of the Pilis Park Forest. Toursist visiting the Pilis Park Forest should pay attention to the...
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We can order artificial meat at restaurants in three years
Within three years, artificial food to be used in restaurants – Világgazdaság Online wrote. Five years ago, the Danish company Mosa Meat introduced the world’s first hamburger of which the...
Read moreThe Gödöllő program promotes the renewal of agricultural research
The Gödöllő program announced last week will help to renew the agricultural research, to modernize agrarian higher education and the related advisory system – Gyuricza Csaba, Director General of the...
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Magazine: Safety, uniqueness and green solutions
According to the experts of DS Smith Packaging Hungary, the rapid conquest of e-commerce generates serious changes in the packaging industry too. Sales and marketing director Levente Szabó told our...
Read moreRetail trade is more and more concentrated
One citizen spent an average 2900 HUF a day on various retail stores in Hungary last year – the Világgazdaság Online quotes the data from the Hungarian Central Statistical Office’s...
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There are huge differences in earnings between different parts of Hungary
In the financial sector there is a net wage difference of 263 thousand forints between some parts of the country, but in healthcare it also reaches 110 thousand forints –...
Read moreOpus acquires exclusive ownership in a cereal processing and isosugar plant
The Opus Global Nyrt. will be the sole owner of the Kall Ingredients Kft. – the company published on the Budapest Stock Exchange (BSE) on Tuesday. The minority owner of...
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Lack of workforcen on the melon fields
“My melon vendor says that he can not harvest the melon, rather he saves the watermelon, because he has more money in it. “We would have a very good season”...
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The EU-Japan Free Trade Agreement has been signed
The comprehensive free trade agreement between the European Union and Japan has been signed by the leaders of the EU and Japan in Tokyo on Tuesday. The parties hope that...
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The EU target is nearly one third of the renewable energy ratio
By 2030, the 32 percent mandatory renewable energy ratio should be available in the Member States’ energy use – European decision-makers say, and this is what the new Renewable Energy...
Read moreRetail sales rose steadily in the United States
Growth in retail and hospitality grew steadily in the United States in June, despite the higher prices and the moderate rise in wages, which shows that consumer confidence remains unbroken....
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Magazine: Automation can solve the workforce shortage problem
The warehousing sector suffers from a lack of workforce. Technological development forces companies to modernise, so automatic and semi-automatic systems are spreading. Pallet-wise a wide range of needs are manifesting, especially those...
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(HU) Szavazzon kedvenc üzletére a Trade magazin Facebook oldalán!
Sorry, this entry is only available in HU....
Read moreBudapest Bank: increase of investments in agriculture may continue
Two thirds of Hungarian agricultural entrepreneurs have developed their farms without subsidies over the last year, while third of them continue to increase the amount invested this year – the...
Read moreMinistry of Agriculture: Feed can be delivered again to Ukraine
Feed and herbal medicines can be re-exported to Ukraine from areas of Hungary that are not affected by ASF – the Ministry of Agriculture told MTI on Monday. According to...
Read moreThe lending of SMEs is growing but still below the EU average
The economic recovery can be also felt in the lending market for the small and medium-sized enterprises. The loan portfolio provided to the sector is expanding for for two years,...
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Varga Mihály negotiated with the vice-presidents of Amazon
Varga Mihály negotiated with the vice-presidents of the company in the Amazon center, and visited the Boeing Group as well – the Ministry of Finance (PM) told MTI. According to...
Read moreThe IMF has not changed the global growth forecast for this year and the next
The International Monetary Fund (IMF) maintained its April forecast for the world economy’s growth for this year and next year, but indicated that the prospects are surrounded by increasing risks....
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Foods intended to throw out: the buyer determines the price
The Adam Smith network was founded with the goal of eliminating the food to be thrown out and supplying everyone who needs it. The business in Sheffield is volunteered and...
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