Market News

GKI: Inflation is speeding up, external and internal balance to worsen a little

Last year the Hungarian GDP growth was 2 percent, just as GKI predicted it would be – less than the 2.5 percent targeted by the government and the 2.8 percent...

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Takarék Csoport: investment mood in agriculture continues to be strong

Although the number of worries has increased in agriculture due to the trend in profitability, the investment climate is still strong: most of the farmers are still planning to increase...

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The new AMC applications have been announced: up to 50 percent support is available

From today, foundations, associations, and inter-branch organizations promoting the products of the Hungarian food economy and representing the agricultural sector can apply for 90 million HUF non-refundable subsidies in 3...

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KSH: exports increased by 5.5 and imports increased by 7.5 percent in February

In February, the value of exports in euro increased by 5.5 and imports increased by 7.5 percent, compared to the previous year. The surplus of exports fell by 86 million...

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The importance of beekeeping is unquestionable

The importance of beekeeping is unquestionable. Its direct economic impact can be measured in billions, and indirectly it has a main role through pollination in order to maintain ecological balance...

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Four out of ten SMEs are preparing for investment

The investment willingness of the businesses remains low: 41 percent of the small and medium sized enterprises (SMEs) plan some development in the next year, according to the latest figures...

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Nébih: the food chain management fees should be reported

The National Food Chain Safety Office (Nébih) told MTI on Tuesday that this year’s electronic reporting interface for the food chain management fee is available from 3 May. According to...

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This year 1,225 billion HUF can be used to finance the Farm Development Program

This year, 1,225 billion HUF can be spent on funding the Farm Development Program of the National Farming Program – the Deputy Minister of State of the Ministry of Agriculture...

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Inflation is speeding up, external and internal balance to worsen a little

Last year the Hungarian GDP growth was 2 percent, just as GKI predicted it would be – less than the 2.5 percent targeted by the government and the 2.8 percent...

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Coface: favorable prospects in the Central European Region

It is expected that the Central and Eastern European countries this year will reach a GDP growth excessing the economic performance of the Western European countries – the Coface’s international...

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Buffalo milk processing plant was started in Gyomaendrőd

The buffalo milk processing plant in Gyomaendrőd, Békés county was handed over on Saturday. The existing, but non-productive plant was renewed from about 50 million HUF. 35 million of the...

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The Tisza Fishing Association spends thirty million HUF for fish planting this year

The Tisza Fishing Association, one of the most significant fishery in the Central Tisza region will spend about ten percent more, thirty million HUF this year on fish planting –...

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There will be campaign for water consumption in schools and kindergartens again

This year, the water consumption promotion campaign will be held again. This year, kindergartens may also apply for the so-called Happy Week program. According to a communication of the National...

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Magazine: The world is drinking Hungarian water

Hungary’s mineral waters perform well at national and international competitions. Many international tests prove that their price-value ratio is just as good as that of famous international brands. According to...

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More and more winemakers produce quality champagne, according to the expert

More and more wine producers produce quality champagne, because of the change in the legal environment. In Hungary high quality champagne can be bought at favorable prices – Keményné Koncz...

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NGM: Online billing may come next year

Online billing may debut next year: online data delivery will be mandatory from 1 July 2018 in case of billing programs. The taxpayers can test the system as early as...

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Hetedhét Cekker trademark for quality local products

Six villages in Csongrád county introduced the Hetedhét Cekker trademark to help the marketing of quality local products – Sánta Gizella (Independent) Mayor of Ruzsa told MTI. Ruzsa, Bordány, Öttömös,...

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FruitVeb: Major frost damages can occur in the north and north-east of the country

Major frost damages are expected in the north and north-east of the country- the Vice President of the Hungarian Fruit Vine Intergroup and Product Council (FruitVeB) said on Saturday morning...

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Consumer sentiment is on a three-month peak in the United States

The consumer sentiment reached a three-month peak in the United States in April – the regular monthly survey of Michigan University revealed. The results were published on Friday. In April...

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A breakthrough in mobile payment?

Mastercard believes that one-touch mobile payment is the next innovative payment solution to become widely used in Hungary. In a survey conducted by the payment technology company, it turned out...

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New methods, new approach, old goals

In 2017 the inspections of the National Tax and Customs Administration (NAV) aim at whitening the economy, fighting tax fraud, motivating for behaviour that complies with tax regulations and creating...

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Magazine: Familiar Flavours Reloaded!

Do you wish to eat something that can be prepared quickly, fits into a balanced diet and is tasty? We have good news for you: MAGGI Familiar Flavours Reloaded products...

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As many ‘German cuisines’ as regions

German food products have always been very popular in Hungary, because they are reliable, high-quality groceries made from the best ingredients, using the best technology. German groceries are consumed by...

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The Nébih and the Nutrition Health institute concluded a cooperation agreement

The National Food Chain Safety Agency (Nébih) and the National Institute of Pharmacy and Food Health (Ogyéi) have signed a cooperation agreement to promote an effective social understanding of food...

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(HU) A beruházások közel harmadát magyar forrásból finanszírozzák

Sorry, this entry is only available in HU....

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Economy can grow by 4 percent for this year and for the next

The Hungarian economy will expand by 4 percent this year and for next year – Kovács Árpád, Chairman of the Budgetary Council (KT) said at the conference of the Piac...

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It would not be possible to lease the local government fish management right

However, the local governments could not give fish management right to lease – Parliament’s Legislative Committee adopted an amendment with such effect. The amendment to the Act on Fisheries and...

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The Hungary’s Most Beautiful Kitchen Garden program is five years old

Last year, horticulturists of more than 300 settlements competed in the program – the Deputy Minister of State of the Ministry of Agriculture (FM) said on Thursday at a press...

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The euro area’s Economic Sentiment Indicator is at an almost ten-year peak

In April, the European Commission’s Business Climate Index in the euro area reached a six-year peak, while the Economic Sentiment Indicator (ESI) reached its nearly ten-year peak. In April, the...

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EU environmental policy makers were discussing about plastic waste in Malta

EU environmental ministers discussed the possibilities of fighting against pollution caused by plastic waste. The conference was organized by the EU Presidency in Malta on Wednesday, 26 April in Valletta....

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