Market News
GKI: 7 percent of the Hungarian employees are on minimum wage
Seven percent of the employees of the majority Hungarian-owned companies with over five employees are on guaranteed minimum wage, while the lowest rate of employees (10 percent) with minimum wage...
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Poultry stop due to the salmonella meat scandal
Due to the salmonella meat scandal, the European Union forbade to enter the EU market to 20 Brazilian meat processing companies – agrarszektor.hu wrote. The measure will enter into force...
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Freshwater fish farmers continue to count on EU funding
The Ministry of Agriculture is working to retain the support level of freshwater aquaculture in the next EU development cycle – Ugron Ákos Gábor, Deputy Minister of State, responsible for...
Read moreHere are the new ministers of the Orbán government
The final list of ministers of the new government was published in Figyelő – agrarszektor.hu wrote. The list of ministers: Gulyás Gergely, Minister of Chancellery Rogán Antal, Minister of Cabinet...
Read moreNébih tested sour creams
The National Food Chain Safety Office (Nébih) found almost half of the 20 % sour creams objectionable in food safety and qualitative aspects According to a statement published on the...
Read moreConsumer confidence has stagnated in Germany
Germany’s consumer confidence is stagnating. Experts expected decline – according to a survey published by GfK on Thursday. The consumer sentiment mood of the Nuremberg-based Market Research Institute in May...
Read moreThe Budapest Airport received significant environmental recognition
Another, outstandingly important international environmental award was awarded to the Budapest Airport: ACI, the International Council for Airports, acknowledged that the Budapest Liszt Ferenc International Airport had reached the so-called...
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The world’s largest tea exporters
Europe and New Zealand both creates about hundred thousand tonnes of milk powder – agrarszektor.hu wrote. If we only look at the value of exported milk, the three leading EU...
Read moreNGM: retail has been growing steadily for 56 months
Retail sales have been growing steadily for 56 months and in the next period similar growth can be expected – the Deputy Minister of State of the Ministry of National...
Read moreThe National Hungarian Beekeeping Association has launched an action against the destruction of bees
The National Hungarian Beekeeping Association (OMME) and the animal friendly members of the Budapest Voices band launched an action against the destruction of bees – Bross Péter, president of the...
Read moreWorld wine production at sixty-year low
The European wine production closed an extremely weak year in 2017, which is mostly due to the bad weather – origo wrote. Despite these, the global trade is booming, consumption...
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The optimism of the domestic businesses is unbroken
Domestic companies are looking forward to the future with optimism. The K&H SME confidence index has moved 2 points upwards, standing on 10 points, which is the second best in...
Read moreNAK: employers can do a lot for the safety of agricultural workers
Typically, a quarter of the fatal workplace accidents occur in agriculture, most of which are collisions and hit and runs with tractors and other machines. In addition, there are many...
Read moreMore than half of the e-tolls are paid by foreign road users
The revenue from the electronic toll system incresed by almost 12 percent last year, compared to the year before, exceeding gross 221 billion forints, of which more than 51 percent...
Read moreSavings group: the pre-financing of the EU agricultural subsidies is popular
The interest in the pre-financing of the EU investment funds among the Hungarian agricultural enterprises is even greater than expected. Within only two months – until mid-March – more than...
Read moreKSH: retail turnover grew more than it was previously indicated
In February, retail sales volume grew by 6.6 percent, compared to the same period of the previous year, according to the raw and calendar effect adjusted data – the Central...
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The NAK’s position is also valid in the European Commission’s new directive proposal
The European Union has announced a new regulatory proposal aimed at improving the role and conditions of competition for farmers and small and medium-sized enterprises in the food supply chain....
Read moreThere will be eleven billion people on earth by 2100
The UN estimates that the world’s population will grow from the current 7.4 billion to 11.2 billion in the next 80 years – portfolio.hu wrote, on the basis of the...
Read moreRaiffeisen: economic growth is on peak
The Hungarian economic growth is on top. The first-quarter GDP growth could be around 5 percent – Török Zoltán, senior analyst of Raiffeisen Bank said on Monday in Budapest at...
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FruitVeB: producers can harvest more greenhouse vegetables this year
This year, producers will harvest more greenhouse vegetables this year from smaller production areas – according to the President of the Hungarian Vegetable and Fruit Interprofessional Organization and Product Council...
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Financial Times: the Eu would transfer tens of billions of euros from Eastern Europe to the southern member states
The European Union would transfer tens of billions of euros from the Central and Eastern European member states to the severely troubled southern Member States, including Spain and Greece, in...
Read moreNőtt a szolgáltatásokkal szembeni panaszok száma az első negyedévben egy felmérés szerint
Nőtt a szolgáltatásokkal szemben megfogalmazott kifogások száma, és gyengült a kereskedők iránti bizalom az idei első negyedévben a korábbi negyedévekhez képest a CP Contact fogyasztóvédelmi tanácsadó adatai szerint. A tanácsadó...
Read moreNébih detected African swine fever in a wild boar
The virus of African swine fever (ASF) was detected in a wild boar by the Laboratory of the National Food Chain Safety Office (Nébih) on Saturday. The infected carcass was...
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NGM: more than 10 percent wage growth is realistic for this year
A more than 10 percent wage growth is realistic in the Hungarian economy for this year – Banai Péter Benő, Minister of State of the Ministry of National Economy (NGM)...
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KSH: the number of employees grew by 70,000 in one year
From December 2017 to February 2018, the average number of employees was 4 million 441 thousand, 70 thousand more than a year before, the Central Statistical Office (KSH) reported on...
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The euro area economy has continued to grow
Although the growth rate of the manufacturing industry fell to 14-month lows, thanks to the improvement in service industry employment, the composite purchasing manager index in the euro area was...
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Agrosol’s solution can protect from bird flu
Bird flu caused 20 billion HUF losses last year, the disease control measures continue to exist, but a new solution will help to prevent from damages. According to the Poultry...
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Magazine: Chocolate bars for every occasion
Chocolate bars constitute a stable pillar of the chocolate product market, which has been one of the most dynamically developing categories recently. According to Gábor Mayer, managing director of Mondelez Hungária...
Read moreGKI’s economic sentiment index remains close to its peak
In April, GKI’s economic sentiment index remained slightly lower than its historic peak in February. According to the empirical survey conducted by GKI with the support of the EU, expectations...
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