Market News
NÉBIH: the ban on the most widely used pesticide would make weed control difficult
Date: 2017-01-23 11:03:07
The withdrawal of glyphosate-based products would make weed control difficult and would make it more expensive – the National Food Chain Safety Office (NÉBIH) told MTI. The agency recalled that...
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Consumer sentiment improved slightly in Europe
Date: 2017-01-23 11:02:38
According to the preliminary data published by the European Commission’s Economic and Financial Affairs (ECFIN) on Monday, the sentiment index rose by 0.2 points to minus 4.9 points in the...
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China has become one of the most important trading partner of the EU and Hungary
Date: 2017-01-23 11:01:30
At a panel discussion at the Lámfalussy conference, Palotai Dániel, managing director of the Hungarian National Bank (MNB) emphasized that China has become one of the most important trading partner...
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The secret of fruit pálinka
Date: 2017-01-23 11:01:11
The composition of the fruit pálinkas can be transformed consciously with the changing of the parameters of distillation, so the fruit characters appear more intensively – agrarszektor.hu wrote. As a...
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The Chamber of Agriculture established a phone company
Date: 2017-01-23 11:00:04
The National Association of Agricultural Economics (NAK) launched a Telecommunication service – Magyar Nemzet wrote on Saturday. The members of the Chamber of Agriculture can choose more favorable fee packages...
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Utility bill payment machines in retail units
Date: 2017-01-23 10:31:01
Hungarian Post Zrt. started cooperation with CBA and Rossmann Hungary: utility bill payment machines will be installed in 91 drugstores and grocery stores all over Hungary. Rossmann hopes that thanks...
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Food safety from the farm to the table
Date: 2017-01-23 10:21:09
On 3 November 2016 the National Food Chain Safety Office (NÉBIH) and Szent István University signed a cooperation agreement. The goal is to establish a Risk Analysis Department at the...
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(HU) Harmadik hónapja emelkedik a GKI konjunktúraindexe
Date: 2017-01-23 10:19:36
Sorry, this entry is only available in HU....
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KSH: the increase in earnings has accelerated
Date: 2017-01-21 11:33:27
In November, the average gross earnings amounted to 285 800 HUF, which is a 8.2 percent increased over the year, while due to changes in average net income of the...
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FM: the tracking system of the food industry enterprises should be raised to European level
Date: 2017-01-20 11:40:03
The tracking system of the food industry enterprises should be raised to European level by extending the modern, web-based, mobile-technology solutions in Hungary – Laszlovszky Gábor, the food processing department...
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Germany is the number one partner in agriculture
Date: 2017-01-20 11:12:17
Germany is Hungary’s number one partner in agriculture. Exports last year amounted to to 1.3 billion euros –Fazekas Sándor, Minister of Agriculture told. He added that the relationships are further...
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Invitel: SMEs are open for Internet marketing applications
Date: 2017-01-20 11:11:27
The Hungarian small and medium-sized enterprises (SMEs) are open for Internet marketing applications, most of them already have their own website and a significant number of them would use other...
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Russia expects the embargo to remain
Date: 2017-01-20 11:04:00
Regardless of the results of elections in any foreign nations, Russia should expect the sanctions imposed on it by the West to remain in place, Russian Prime Minister Dmitry Medvedev...
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Rézangyal Kft and Coca‑Cola HBC Magyarország Kft further strengthen their relationship
Date: 2017-01-19 14:00:26
[19] January 2017. Budapest After six years of successful cooperation, Coca‑Cola HBC Magyarország Kft (“CCHBC Hungary”) and Rézangyal Kereskedelmi Kft (“Rézangyal Kft”) are extending their existing partnership agreement. As of...
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Cooperation for the development of organic farming
Date: 2017-01-19 11:33:57
The Hungarian Organic Association and the Savings Bank signed a cooperation agreement. The aim is the development of the Hungarian organic farming. The parties undertook to pay special attention to...
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KAVOSZ: 2017 will be a strong year in the use of EU funds
Date: 2017-01-19 11:03:56
2017 will be a strong year in the use of EU funds because an incredible amount of EU funds will arrive to the market – Krisán László, CEO of the...
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Fuel consumption increased by more than 5 percent last year
Date: 2017-01-19 11:01:54
Last year, fuel consumption increased by 5.5 percent to, almost 3 billion 358 million liters in the Hungarian market. According to the data published by the Hungarian Petroleum Association on...
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Magazine: Trendy liver patés
Date: 2017-01-19 07:14:31
With its annual volume sales around 9,600 tons, the liver paté category is a medium-sized one among meat products. According to Zoltán Szántó, senior product manager of Pick Szeged Zrt.,...
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Raiffeisen: the outlook for the Hungarian economy is very favorable
Date: 2017-01-18 11:40:37
The outlook for the Hungarian economy is extremely favorable: the expansion of the GDP may be over three percent this year and for the next year – Török Zoltán, chief...
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Chicken breasts are popular
Date: 2017-01-18 11:37:16
The buyers take advantage of the benefits of VAT reduction in January. Since the beginning of the year, the processors transport 30-40 percent more chicken breast and 20 percent more...
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Bird Flu: A multi-stage compensation may come
Date: 2017-01-18 11:35:56
The Poultry Product Council (BTT) estimates the damage arising from the outbreak of bird flu to 9-10 billion HUF – the organization told Világgazdaság. The direct losses of farmers resulting...
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VAT reduction did not impove the sales of fresh milk
Date: 2017-01-18 11:33:38
Despite the fresh milk VAT reduction to 5 percent in January, the buyers are still looking for long lasting products in the stores – the Magyar Idők wrote. According to...
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The cold weather turns the buying habits upside down
Date: 2017-01-18 11:20:37
The unusual cold weather turns the buying habits upside down and will likely to pull back the shopkeepers’ revenue – piacesprofit.hu wrote According to the current observations no decrease will...
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Euro zone’s inflation is on a nearly three-year peak
Date: 2017-01-18 11:10:13
Because of the increase in energy prices, the highest inflation of nearly three years occured last December in the euro zone – according to Eurostat’s statement, published on Wednesday. According...
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The innovative SMEs can receive 160 million euros fundings in eight EU countries
Date: 2017-01-18 11:02:55
The European Investment Fund (EIF) and the UniCredit bank signed a guarantee agreement through which innovative small and medium-sized enterprises (SMEs) and mid market capitalized companies can apply for 160...
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The Czech Republic has tightened the conditions of the sales of cask wine
Date: 2017-01-18 11:00:22
The conditions of the sales of cask wine was tightened in the Czech Republic to suppress “wine counterfeit ” and the black market. The Czech parliament adopted the amendments of...
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Food producers meet in Lébény
Date: 2017-01-18 10:06:15
NAK’s Győr-Moson-Sopron County directorate organised its traditional end-of-year food industry forum in Lébény. The main topic was the marking of food products, as from December new nutritional value marking rules...
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Chamber popularises agri-food vocations in Szombathely
Date: 2017-01-18 09:07:49
On 9 and10 November 2016 the Vas County Government Office organised its school and job expo for the 19th time in Szombathely. With the goal of popularising agri-food related studies...
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Fazekas: the Hungarian agriculture is strengthening
Date: 2017-01-17 11:45:24
The Hungarian agriculture is strengthening. This process is shown by the growing performance of the industry, expanding contribution to the increase in GDP growth and employment as well. Also Hungary...
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Agriculture is the least indebted sector
Date: 2017-01-17 11:38:21
According to the National Bank of Hungary, the data of the past five years suggests that the national economy’s overall failure rate for the second quarter of 2016 can be...
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