Market News

Fifty thousand new jobs can be created in agriculture

Over the next ten years fifty thousand new jobs could be set up in Hungarian agriculture – the Minister of Agriculture said on Friday at a farmer forum in Szatmárcseke,...

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The V4 countries agree with the main principles of the agricultural support system

The Visegrád 4 member countries agree with the main principles of the agricultural support system – Czerván György, Minister of State responsible for Agriculture said after the meeting of the...

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Monor’s wine was granted EU protection

The European Commission endorsed the Protected Designation of Origin (PDO) for wines produced in the Monor region, the EU Commission announced on Monday. The approval of the Committee is valid...

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Vénusz: sustainability in the kitchen

The consumption of fruits and vegetables is an indispensable part of a balanced diet, as nutrients in them are key to preserving our health. It is not enough to emphasize...

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Giant potato catch on the M1 motorway

Twenty-three tons of unknown origin potatoes were found by the financiers on the M1 motorway during the EKÁER control of a Hungarian truck – the Komárom-Esztergom County Tax and Customs...

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British retail sales rose much less than expected

The volume of UK retail sales rose only slightly, compared to the previous quarter, by only 0.1 percent in the three months ended January. The monthly increase in volumes in...

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Spicy paprika, wine and peach are the most valuable products of the South Plain region

Spicy paprika, wine and peaches are among the most valuable products in the South Plain region. Fazekas Sándor, Minister of Agriculture, considers the improvement of production and quality and the...

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Pork consumption increased in Hungary

Pork consumption has increased by about 10 percent since 2016 in Hungary, with an annual consumption of 25 kilograms per person – the Minister of Agriculture said in Túrkeve, at...

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The CAP’s legitimacy must be justified after 2020

The Common Agricultural Policy (CAP) is the oldest EU policy that has played a major role in the creation of a unified common market and must justify its legitimacy beyond...

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Last year, 37 million illegal cigarettes were seized by the authorities

The value of the illegal tobacco products that were seized by the financial inspectors of the National Tax and Customs Office (NAV) last year is much more than 2 billion...

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The government is curious to the opinion of anglers

An online questionnaire awaits the anglers on the government’s vision and proposals on the future of angling, the Ministerial Commissioner responsible for Strategic Social Relations said on Friday at a...

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Nébih: Hungary has also received gluten-free maize chips that contains gluten

The self-inspection detected gluten in the organic gluten-free maize chips of the Belgian Snack Food Poco Loco nv manufacturing company – the National Food Chain Safety Office (Nébih) informed MTI...

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Foil producers to be compensated

At the initiative of the National Chamber of Agriculture (NAK), the Hungarian Ministry of Agriculture (FM) will pay hundred million forints income compensation support to the growers who have suffered...

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Record Russian wheat export is expected

Russia can export more wheat this year than any other country exported before, according to Russian analysts. According to the latest forecast by the US Department of Agriculture (USDA), Russian...

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Opten: 42,000 people have been banned from company affairs

In 2017, more than 12,000 private individuals were banned from leading companies, so the number of people who are banned is approaching to 42,000 people. “There is still a high...

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Retail sales decreased unexpectedly in the United States

Contrary to the expectations, retail sales decreased unexpectedly in January in the United States with the highest extent of the past 11 months – according to a statement published by...

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Online shopping in North Korea

The latest online store in North Korea is waiting for its customers 24 hours a day and free home delivery on the next day – origo wrote. It should not...

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Despite the winter bee mortality, the beekeepers may have a successful year

In spite of the serious winter bee mortality the beekeepers can have a successful year. Rape and acacia honey were less, but the amount of sunflower honey was excellent –...

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The price increase of agricultural products has slowed down

In December last year, agricultural producer prices rose by 5.1 percent, compared to the year before, following the 7.7 percent increase of November. The price of vegetable products increased by...

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E-commerce: how we behave in a webshop

Mall.hu’s annual ecommerce statistics reveal that whether Hungarian men or women have a larger virtual basket, which genders are most likely to visit the webshops, and which payment and delivery...

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KSH: the cattle population has grown, the number of pigs has decreased

Over the past year, cattle grew by 18,000, the sheep stock with 6,000, while the number of pigs decreased by 37,000 pigs and the humber of hens by 183,000 –...

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The Food Avalanche program awaits the applications until 28 February

The 2018 Food Avalanche program of the Civil Compass Foundation and Syngenta has been launched. Local governments, educational institutions and NGOs can also apply for multi-million HUF worth vegetable seeds...

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EY: the installing of the billing softwares online can start

The online billing system in Hungary can start from July. However, the draft regulation is still not definitive, while invoicing programs have to be matched by more complex technical specifications...

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Golden jaundice appeared in Pécs

Plant healthcare closure has been ordered in Pécs because of the appearance of the golden yellow jaundice of the vine – the MTI was informed on Wednesday. According to Lovász...

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Online payment will be safer

The European Commission has adopted new rules to make transactions with credit cards safer and to make electronic payments made online more secure, to reduce the scale of payment fraud...

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The Hungarian economy grew by four percent last year

According to the raw data, the gross domestic product (GDP) rose by 4.4 percent in the fourth quarter of last year, compared to the same period of last year. According...

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Analysts: consumer prices may grew slightly

In January, consumer prices were 2.1 percent higher than in the previous year and 0.3 percent higher than in December. Analysts interviewed by MTI expect a slow increase in consumer...

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Nielsen: plush heart and praline on Valentine’s Day

The sale of praliné was close to 2 billion HUF in February 2017, which is a 14 percent increase in value and a 10 percent increase in volume, compared to...

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The FOME and the Magyar Termék Kft. work together to strengthen the Magyar Termék trademarks

The Hungarian Association of Consumer Protection (FOME) and the Magyar Termék Nonprofit Kft. (Hungarian Product Nonprofit Ltd.) have signed a cooperation agreement to strengthen the reliability of the Magyar Termék...

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Agricultural exports last year amounted to nine billion euros

Agricultural export last year reached a historical record of about 9 billion euros, while in 2010 it was only 5.2 billion euros – Fazekas Sándor, Agriculture Minister told M1 news...

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