Market News
Discussions to start between vine-growers and the ministry on purchasing prices and contracts
The Ministry of Agriculture (FM) and the Hungarian Association of Grape and Wine Producers (MSZBSZ) to start discussion on grape purchasing prices and contracts – the Ministry of Agriculture (FM)...
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Garantiqa: the small businesses would be develop from EU sources
In the next year, nearly a quarter of the Hungarian micro-enterprises and 41 percent of the small businesses plan to apply for EU funds – according to a surveys of...
Read moreIncreased road traffic controls to start from Monday
The National Tax and Customs Office (NAV) is launching a series of inspections from Monday until September 20, within a nationwide action in which the finance guards will observe the...
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One can pay with the old 2000 and 5000 HUF banknotes until Monday
One can pay with the old 2000 and 5000 HUF banknotes until Monday, because at the end of July the National Bank of Hungary (MNB) withdraws them from circulation, from...
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Kiwi is cultivated with large-scale methods in Zala successfully
Kiwi is cultivated with large-scale methods and good business results in Becsehely, Zala County successfully. From the four-hectare orchard, which is the largest kiwi plantation in Hungary, kiwis are delivered...
Read moreMore than 80 percent of wheat has been harvested in Zala
More than 80 percent of wheat has been harvested in Zala county, the average yield is 15-20 percent lower than in the previous year, the county president of the National...
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Household incomes grew in the EU, but their consumption decreased
The consumption of households in the European Union declined in the first quarter, despite the fact that their income slowed down but increased – Eurostat figures show. The EU’s statistical...
Read moreConsumer sentiment is on its eight month nadir in the United States
The University of Michigan’s consumer sentiment for the United States was revised up to 93.4 from a preliminary of 93.1 in July of 2017 and compared to 95.1 in June....
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FruitVeb: One third of the expected apple crop will have eating quality
In terms of the quality of the expected apple harvest, one third will have eating quality, and two thirds will be industrial raw material – Domján Erika, managing director of...
Read moreThe Ministry of Agriculture helps to ensure consistency between producers and processors
The aim of the agricultural government is to help establish and maintain the harmony between growers and processors in all sectors, including grapes and wine as well, to establish a...
Read moreGrapes are in vigorous condition before the harvest
The vintage begins within weeks. Despite the weather extremes, grapes are in vigorous condition in most of the cultivated areas – according to Syngenta’s panorama. According to experts, attention should...
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KSH: the number of employees is over 4.4 million again
In the second quarter, the average number of employees was 4 million 420,000, 77,000 more than a year before, while the employment rate of the 15-64 year-olds grew by 1.6...
Read moreThe summer harvesting works in Békés were finished
The summer harvesting works have been completed in Békés County, farmers are not expected to make a big profit this year – the secretary of the Békés County Agricultural Producers’...
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The Nébih destroyed four tonnes of meat in a meat factory in Kaposvár
The National Food Chain Safety Office (Nébih) closed a meat factory in Kaposvár, because of its hygiene status. The authority ordered the destruction of 28 kinds of nearly 4 tonnes...
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Destructive fires in agriculture
Until the middle of the summer fires were raging in agriculture on almost three times larger area than in 2016 – Világgazdaság Online wrote. At the end of the week,...
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Sustainable agriculture can mitigate climate change and involuntary migration
Climate change poses a major risk for rural people in developing countries, often leading to distress-driven migration, and bolstering sustainable agriculture is an essential part of an effective policy response,...
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Countries urged to reap benefits of food trade by engaging in standards setting
Participation in the development of international food standards for trade is essential if countries are to reap the benefits of booming global trade and prepare for imminent technological changes, according...
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FruitVeb: The apple crop can be close to the average this year
This year, the FruitVeb Hungarian Vegetables and Fruit Interprofessional Organization and Product Council is expecting 550-600 thousand tons of apple crop that is close to the average. The actual crops...
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Advertising tax reloaded – tax refund or billion HUF fines
In May 2017, the rules of advertising tax changed again, which makes it possible to make a tax refund, but due to the amendments that are in force since January...
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The Nébih seized more than six tons of fish
During the special check on Tisza-based restaurants and groceries, just over a weekend, the National Food Chain Safety Office (Nébih) prohibited the distribution of more than 600 kilograms of fish...
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Fertilizer sales decreases
In June, fertilizer and plant protection product sales continued to decline – Világgazdaság Online wrote. Due to the dry, rainless weather, a fungicidal spraying could be left out by producers,...
Read moreThe neglected vineyards to be removed in areas infected with FD phytoplasma
Public protection is being carried out to protect vineyards in Transdanubia, the neglected vineyards to be removed in areas infected with FD phytoplasma – the National Food Chain Safety Office...
Read moreNGM Minister of State: Long-term growth in retail sales is expected in the future
Continuous and stable growth in retail sales can be expected in the future, partly as a result of wage growth – Lepsényi István, the Minister of State of the Ministry...
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It is getting better for fish farms
According to the 2016 financial reports, the domestic fisheries no need to complain – Hantos Zoltán, project manager for the OPTEN company information service provider said. Although we eat fish,...
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This year’s Hello Wood creative camp aimed at developing the Tokaj wine region
The Hello Wood organized its creative camp for the first time as part of the official university courses in the Tokaj-Hegyalja wine region in July this year, where 150 students...
Read moreEU Commission: More and more people buy online from abroad
According to a recent survey by the European Commission, more and more consumers in the EU are shopping through the Internet and their confidence in e-commerce is growing, especially when...
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This year’s vintage in Villány can be remarkable
The producers of the Villány wine region expect a very good vintage this year – Nagy Gergely secretary of the community council told MTI. Nagy Gergely said that due to...
Read moreThe proportion of people using banking applications grew by one and a half fold in Hungary according to a survey
The proportion of users of banking applications grew by one and a half fold in Hungary compared to last year. According to Gfk’s market researcher’s latest research published on Tuesday,...
Read moreNébih: swine fever has appeared again near the border of Hungary
The African swine fever (ASF) has appeared near the Hungarian border again; The virus was detected only 20 kilometers from the Hungarian border at Beregújfalu – the National Food Chain...
Read moreThe Hungarian-Russian economic relations have gained new impetus
The economic ties between Russia and Hungary have gained new impetus. After the fall of many years in the first four months of this year, the trade between the two...
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