Market News

Google extends its digital workshop program to the Hungarian SME sector

Google extends its digital workshop program to the small and medium-sized enterprises (SMEs) in Hungary. This year, the company wants to reach at least 15,000 SMEs in order to contribute...

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New annual brewery record in the Czech Republic

A record amount of 20.5 million hectoliters of beer was brewed last year by Czech brewers – the representatives of the “Czech breweries told at a press conference in Prague...

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The sales of traditional computers grew in Central and Eastern Europe

In the first quarter, the sales of traditional PCs grew in the Central and Eastern European region – the International Data Corporation (IDC) market research firm reveals. According to a...

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Italiagro recruits farmers for buffalo breeding

Mezőtúr company Italiagro Kft. is recruiting farmers for buffalo breeding, in order to get milk for mozzarella production. Italiagro’s consultant Zoltán Takács told that in the soon-to-be-launched Young Farmer Grant...

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MAHAL expects the increase of fish consumption from the VAT cuts

According to the Hungarian Fisheries and Aquaculture Association (MAHAL), the planned reduction in the VAT on fish meat could reduce fish prices by 15 percent, stimulate consumption and encourage all...

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If the acacia blossom freezes, little honey is expected

If, as the result of the extreme weather of recent days, the acacia blossom, which is the main source of nectar in Hungarian beekeeping, freezes a bad honey production is...

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NGM: every element of the ekáer will be modernized by the end of the year

By the end of the year, all elements of electronic road traffic control system (ekáer) will be electronically earmarked as planned – Molnár Tamás, Deputy Minister of State of the...

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Application to promote healthy nutrition was announced for schools

The Ministry of Human Resources (Emmi) has published an application called Cool Canteens in School for the promotion of healthy eating and lifestyles. Novák Katalin, Minister of State of the...

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The economies of Central and Eastern Europe began the year strong

According to London financial analysts, the preliminary data show that the EU economies of Central and Eastern Europe had a strong growth performance in the first quarter. One of the...

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Twenty-four tons of unmarked potatoes were destroyed

Twenty-four tons of completely unmarked potatoes were seized by the National Food Chain Security Office (NÉBIH); The consignment was destroyed – the authority told MTI on Friday. According to the...

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The development of agro-economic relations with Ukraine is primary

The development of agro-economic relations between Ukraine and Hungary is primary – Bitay Márton, Minister of State of the Ministry of Agriculture (FM) said on Friday in Kisvárda, Szabolcs-Szatmár-Bereg county....

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Cigarette smugglers were caught in Ásotthalom and Röszke

The finance officers found several million HUF worth cigarettes without tax stamps in the converted cars of smugglers in Ásotthalom and Röszke – the National Taxation and Customs Office (NAV)...

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Nielsen: it’s better if it’s green

Environment-conscious aspects are increasingly gaining ground in the consumers’ choices are. Local goods and sustained companies are gaining ground in retail – Nielsen reveals. One third of the Hungarians are...

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KSH: earnings rose further

In February, gross and net average earnings were 10.7 percent higher than a year before, following a 10 percent rise in January, the Central Statistical Office (KSH) reported on Thursday....

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FruitVeb: rain was good for the horticulture and the orchards

The rainfall of the past two days was good for the agriculture and the orchards. The rain partially replaced the lack of moisture in the soil, while snow caused only...

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Analysts: gross wages can increase by 10 percent this year, real wage growth can be between 7-8 percent

Gross wages may increase by around 10 percent this year, while real wages – calculated with a 2.4 to 2.5 percent inflation rate – may rise between 7-8 percent, according...

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Varga Mihály: No plans to amend the retail law

There is currently no plan to modify legislation affecting retail trade – the National Economy Minister announced on Thursday. Varga Mihály, at a press conference organized on other topics, added...

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Horticulture sector to be better-organised

For a 5-year period the government has earmarked HUF 150 million for making the horticulture sector better-organised. According to the Ministry of Agriculture, the proportion of production cooperatives needs to...

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EU funding for improving the conditions of habitats

By 2020 the quality of natural habitats will improve on more than 100,000 hectares of land, thanks to HUF 3,400-billion EU-funding in the current budgetary cycle – calculated together with...

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Italiagro recruits farmers for buffalo breeding

Mezőtúr company Italiagro Kft. is recruiting farmers for buffalo breeding, in order to get milk for mozzarella production. Italiagro’s consultant Zoltán Takács told that in the soon-to-be-launched Young Farmer Grant...

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Magazine: Passion. Strategy. Content.

What does it take to turn a small project company into a key market player in 15 years? Morpho thinks all you need is passion, a strategy and quality content...

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Online retailing is unstoppable

Today’s consumers do not go shopping. They buy always and everywhere – piacesprofit.hu quotes the International online shopping habits survey of KPMG. Not surprisingly, young people dominate online shopping. “Today’s...

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The IMF has improved Hungary’s and the world economic’s growth prospects

The International Monetary Fund (IMF) has improved Hungary’s and the world economic’s growth prospects in its World Economic Outlook (WEO) study that was published on Tuesday. The IMF increased its...

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The EU is fighting against food waste

By 2030, the European Parliament wants to reduce the amount of food waste to the half of the current volume – Világgazdaság Online wrote. The report of the European Parliament’s...

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The second vintage of BalatonBor was presented

The second vintage of BalatonBor, the first community wine brand of the region was prepared with the participation of twenty-four wineries; The 2016 Riesling of the producers will be bottled...

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The national hail mitigation system to be completed in a year

The national hail mitigation system will be completed for 1 May next year. The system will be operated by the National Association of Agricultural Economics (NAK) – Győrffy Balázs, president...

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Hungary can transport beef and meat products to Saudi Arabia again

After sixteen years Hungary can transport beef and meat products to Saudi Arabia. The Middle Eastern country opened its doors in late March for the Hungarian products – the Ministry...

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The strenghtening of the social economy raises regulatory questions

Thanks to the spread of the Internet and smart devices, we can hear more and more about a whole new business model, the sharing economy. The names of Uber, Airbnb...

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Unchanged interest towards agricultural training

Unchanged interest surrounds the jobs in the agricultural industry. The number of agricultural training participants grew 2.7 percent last year – Fazekas Sándor Minister of Agriculture told M1 news channel...

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