Market News
FM: about ten thousand pheasants should be disposed in Abádszalók
Date: 2017-02-21 11:10:35
Due to avian influenza about ten thousand pheasants, the entire herd must be destroyed in Abádszalók at the Hubertus Hunting Company. The disposal began on Tuesday – the Ministry of...
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HENT: false pesticides can cause cancer and infertility
Date: 2017-02-21 11:02:32
Counterfeit pesticides can have serious adverse health effects in human beings, they may contain dangerous and toxic pollutions and uncontrolled by-products that have carcinogenic or gametes damaging effect – the...
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Invoicing with value limits
Date: 2017-02-21 10:21:37
Those businesses that don’t follow this year’s tax rule changes are risking serious fines – warn the experts of MAZARS. In the past the tax number of a product’s buyer...
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Under a supported roof
Date: 2017-02-21 09:31:04
With a sum up to HUF 5 million in a 5-year period, companies can support the real property buying (or the paying back of real property loans) of employees tax-free....
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Efficient NAV
Date: 2017-02-21 09:29:36
In 2016 the reformed, customer-oriented National Tax and Customs Administration (NAV) put HUF 12,793 billion into the national budget, HUF 31 billion more than originally expected by the government. Secretary...
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Cunning merger
Date: 2017-02-21 09:27:27
Hungarian regulation on mergers has changed fundamentally. Due to the changes in competition law, in the future a transaction can be approved in 8 day instead of the present 30...
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ÉFOSZ and Branded Goods Association welcome the ministry’s decision
Date: 2017-02-20 16:54:43
The Federation of Hungarian Food Industries (ÉFOSZ) and the Branded Goods Association (BGA) welcome the announcement that Róbert Zsigó, secretary of state at the Ministry of Agriculture made today: in...
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Ministry of Agriculture (FM): comprehensive testing has started because of the differences in the quality of food products sold
Date: 2017-02-20 16:54:15
Minister of Agriculture Sándor Fazekas has commissioned another comprehensive laboratory testing of similar food products sold in shops in Hungary and abroad, in order to compare their qualities – told...
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Nielsen: Europe faces slow growth
Date: 2017-02-20 11:29:16
Amid great political and economic change around the world, global consumer confidence moved modestly in 2016, rising three points between the first and fourth quarter to 101. Confidence scores in...
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KSH: gross average earnings increased to over 305 thousand HUF in December
Date: 2017-02-20 11:28:40
Last December, gross average earnings increased by 5.7 percent of gross earnings, while net average earnings were 7.3 percent higher than a year before. Excluding the wages of public employees,...
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The Financial Directive of 2018 revolutionizes mobile banking
Date: 2017-02-20 11:25:58
The online and mobile banking have become everyday part of life for the majority of users. But if the customers want to gain complete control over their financial information belongs...
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There is no powerful Hungarian economy without agriculture and food industry
Date: 2017-02-20 11:24:05
There is no powerful Hungarian economy without agriculture and food industry – the Minister of National Economy underlined at a forum in Budapest, organized for young agricultural professionals. Varga Mihály...
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Mountain Villages: fewer grapes this year
Date: 2017-02-20 11:11:37
Fewer grapes will be harvested this year because of the frost – Brazsil Dávid, Secretary-General of the National Council of Wine Communities told M1 news channel on Saturday. The Secretary-General...
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MNB: household wealth increases continuously
Date: 2017-02-20 11:10:40
The net savings of households increased by 522 billion HUF in the fourth quarter of 2016, while in the total year by 1574 billion HUF. In the proportion of the...
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The government launches a supplier development program
Date: 2017-02-20 11:10:25
The government launches a two-year development program for suppliers: The total amount of the program for 2017-2018 will be 14 billion HUF- Varga Mihály, Minister for Economic Affairs said at...
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EU’s energy consumption fell below its 1990 level
Date: 2017-02-20 11:06:20
Energy consumption in the European Union in 2015 was below its 1990 level the EU’s statistical agency Eurostat announced on 20 February. EU dependency on imports of fossil fuel imports...
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Deterioration in consumer confidence in the euro zone
Date: 2017-02-20 11:05:24
Consumer confidence deteriorated larger-than-expected in the eurozone in February. The flash reading for Euro-zone consumer confidence indicator declined to -6.2 for February from a final -4.9 in January and compared...
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Agrárkamara: a piaci igényekhez kell igazítani az agrár-felsőoktatást
Date: 2017-02-20 11:02:38
A munkaerőpiac igényeihez kell igazítani az agrár-felsőoktatást, egyebek mellett a kereslet és a kínálat hatékony összeegyeztetésével, valamint jelentős kutatásfejlesztési tevékenység támogatásával, mert a képzési problémák már az ágazat versenyképességét veszélyeztetik...
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Magazine: A more premium ham market
Date: 2017-02-20 07:03:06
Market research data showed that less smoked and smoked-cooked meat was sold last Easter than in the same period a year before. Market players say premium quality products are pushing...
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The food brands also respond to the different tastes of consumers
Date: 2017-02-17 11:40:01
The same brands are sometimes marketed with different contents – the investigations of the Hungarian Food Safety Authority (Nébih) suggest. But the manufacturers of brands mentioned in the news coverage...
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According to a processing company, poultry production in Hungary might be restored by May
Date: 2017-02-17 11:30:38
According to a processing company, poultry production in Hungary might be restored by as early as May – the CEO of the Pannon Fine Food Kft. told MTI on Wednesday....
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Pioneer: a growth of around 4 percent is expected in Hungary
Date: 2017-02-17 11:25:18
In the next two years the economic growth can be around 4 percent in Hungary and the CEE region has also have favorable prospects – Forián-Szabó Gergely, chief investment officer...
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Hungarian foie gras export has almost stopped
Date: 2017-02-17 11:25:02
The Hungarian foie gras and duck liver export has almost stopped completely, due to the avian influenza. Deliveries to the Asian-Pacific markets essentially ceased to exist, and faltering significantly in...
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Lego overtook Google
Date: 2017-02-17 11:16:29
Lego has become the most powerful brand in 2017, according to the list of Brand Finance. The toy manufacturer overtook Google, Nike and Ferrari – mfor.hu wrote. The Brand Finance...
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Wine producers have to issue a report until 10 March
Date: 2017-02-17 11:10:40
From January a new law introduced the small wine-producer category, which allows easier administration. The wineries producing less than 1,000 hectoliters can choose this category. These producers can only process...
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MNB: the new 2000 and 5000 HUF banknotes will be available from March
Date: 2017-02-17 11:08:35
The new 2000 and 5000 HUF banknotes will be available from March. The security features of the new banknotes will be more modern than before, and their design will also...
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Robots will cultivate a farm
Date: 2017-02-17 11:05:45
We are at the beginning of a new industrial revolution that will transform agriculture radically. Automatic disconnectors, autopilots and drones are only the beginning, because the first parcel of land...
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Deadline modification in tenders supporting agri-environmental management and organic farming
Date: 2017-02-17 11:00:01
The Prime Minister’s Office implemented important changes in the Rural Development Programme’s tenders supporting agri-environmental management and organic farming. If the farmer eligible for support cannot verify the legitimate land...
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A brewery in Scotland gives one week paid to leave to employees with new dog
Date: 2017-02-17 10:59:12
A brewery called BrewDog – is giving new puppy parents a paid week of “paw-rental leave.” And if you’ve ever gotten a rambunctious puppy for yourself, you might see why...
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ÖRT: New and old president
Date: 2017-02-17 10:22:35
BGA SecGen is re-elected as ÖRT VP for another three year term....
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