Market News
FM: the Hungarian food industry’s potential is 60 percent higher than its performance
Date: 2016-10-26 11:45:43
The Hungarian food industry’s potential is 60 percent higher than its current performance – the Deputy Minister of State of the Ministry of Agriculture (FM) said on Wednesday at a...
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Polish egg shipments will be checked by the NÉBIH
Date: 2016-10-26 11:20:31
An alert arrived into the EU’s Rapid Alert System for Food and Feed (RASFF) about Polish eggs infected with salmonella. Because of the high food safety risk, Zsigó Róbert, Minister...
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FM: new quality-control action can be around Christmas
Date: 2016-10-26 11:10:46
Inspectors will presumably carry out hold another quality control actions involving the beverage supply around Christmas – Zsigó Róbert, Minister of State, responsible for the food chain supervision at the...
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Agriculture ministers joined forces against the EU’s proposal
Date: 2016-10-26 11:10:39
The agriculture ministers of the Visegrad Four countries and Bulgaria, Slovenia and Romania adopted a joint declaration in Warsaw on Wednesday, in order to withdraw the European Commission’s proposal that...
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FM: request for the production of Csaba Sausage has not arrived yet
Date: 2016-10-26 11:05:42
Legislation change request in connection with the production of the Csaba Sausage has not arrived yet to the Ministry of Agriculture (FM) – the ministry's interest told MTI on Wednesday....
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The GVH inspects advertisings appear in the social media as well
Date: 2016-10-26 11:05:41
The Hungarian Competition Authority (GVH) will examine the communication contents that appear in the social media because the consumer is often unable to find out that whether it is a...
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57 percent of the Hungarian employers have difficulties in finding labor force, according to a survey
Date: 2016-10-26 11:04:43
57 percent of the Hungarian employers responded that they have difficulties in finding suitable labor force. 32 percent of the Hungarian employers say that there are no candidates to the...
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Chocolate, coffee and energy drink VAT frauders were captured
Date: 2016-10-26 11:00:44
VAT frauders were captured by the inspectors of the National Tax and Customs Office (NAV) who were selling chocolate, coffee and energy drinks – the NAV told MTI on Wednesday....
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Software update for online cash registers
Date: 2016-10-26 10:11:25
It is the National Tax and Customs Administration’s (NAV) task to update the software used on online cash registers – the owners have no obligation whatsoever in connection with this...
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Tackling tax havens
Date: 2016-10-26 10:10:14
According to the European Commission’s (EC) calculations, due to the special treatment offered by the Irish tax authorities, in 2003 the corporate tax rate for Apple’s European profits was 1...
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Magazine: Canned food has grown out of the tin box
Date: 2016-10-26 07:50:30
Canned food is a large category, in terms of both content and area of use. According to Dr Sándor Szórádi, managing director of Szatmári Konzervgyár Kft., now that there are...
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Central Statistical Office: retail sales rose 5.8 percent in August
Date: 2016-10-25 11:55:47
The volume of retail sales in August, according to the raw data increased by 5.8 percent, calendary effect adjusted rose by 4.3 percent compared to the same period of last...
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The debate on the national food marketing program ends in October
Date: 2016-10-25 11:50:44
The social discussion on the national food marketing program ends in October – the Ministry of Agriculture (FM) told MTI on Tuesday. The ministry said in a statement that Nagy...
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The VOSZ urges an immediate reduce in contributions
Date: 2016-10-25 11:10:32
The National Association of Entrepreneurs and Employers urges immediate reduce in contributions in the sectors that mostly contribute to economic growth – the National Association of Entrepreneurs and Employers told...
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Agricultural Logistics industrial park in Tiszasziget
Date: 2016-10-25 11:07:06
An agricultural logistics industrial park will be created in Tiszasziget, in which a plastic processing plant will be built in a value of about 2 billion HUF – Ferenczi Ferenc...
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Consumer confidence deteriorated in the world's largest economy
Date: 2016-10-25 11:01:09
Deterioration in consumer confidence occured in October in the US economy, according to the sentiment index of the Conference Board research firm released on Tuesday. The October index decreased to...
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Lasagna-chips where even “the other way” is in a different way – Video of the day
Date: 2016-10-25 10:39:29
In a soundproof room filled with microphones, the chef Massimo Bottura of The World's Best Restaurant, Osteria Francescana prepares a perfect dish — and serves it to a robot. This...
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Stricter data protection regulation
Date: 2016-10-25 10:13:02
As of 2018 a new, standard data management regulation enters into force in the European Union, because this spring the European Parliament (EP) voted in favour of the General Data...
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Stricter rules in the Hungarian Food Book
Date: 2016-10-25 10:05:55
As of 21 July 2016 rules for meat products and certain prepared meats changed in the Hungarian Food Book (Codex Alimentarius). New definitions have been introduced and old ones have...
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Magazine: Wiener shifts into fifth gear
Date: 2016-10-25 07:48:19
2015 was a good year for the wiener market. However, in the first half of 2016 the market lost dynamism, mainly because of the decline in the sales of lower-priced...
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Beer sold well during the European Football Championship
Date: 2016-10-24 11:45:31
The Hungarian soccer team performed better than expected, the domestic beer consumption was in line with the EC appearance – index wrote after Világgazdaság. 12 million pints more, or about...
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Mangalica exports may begin in the United States
Date: 2016-10-24 11:40:16
Hungarian mangalica exports may begin in the United States of America – the president of the National Association of Mangalica Breeders told MTI. Tóth Péter told that the export opportunities...
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The GKI sentiment index decreased to its three-years low in October
Date: 2016-10-24 11:20:15
Although the GKI sentiment index deteriorated only slightly in October, it is standing on its three-year low point. According to a survey of the GKI (www.gki.hu), carried out with EU...
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Agricultural Innovation in Debrecen
Date: 2016-10-24 11:03:40
Based on the experiences of the accredited food cluster of the University of Debrecen (DE), the development of education, research, innovation and agricultural and industrial development strategy was started at...
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Hundreds of billions of dollars to strengthen China's agriculture
Date: 2016-10-24 11:02:52
The Agricultural Development Bank of China, one of the main credit institutions of the country has agreed with the Government's policy to provide at least 3 trillion yuan (450 billion...
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More EU funds for economic development proposals this year
Date: 2016-10-24 11:01:28
70.6 billion HUF more, a total of 2327.4 billion HUF will be the total budget of the proposed economic development projects – was confirmed by the Ministry of National Economy...
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The energy audit clock is ticking
Date: 2016-10-24 10:43:41
Large agricultural companies are obliged to perform an energy audit before 31 December 2016. NAK helps them with an energy audit service, bringing together firms and auditors. Thanks to the...
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Analysts are expecting accelerating wage growth
Date: 2016-10-21 11:35:35
The pace of wage growth can accelerate in the public sector due to the current wage settlements and the constantly rising demand for labor in the private sector is –...
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Pears will be expensive this year
Date: 2016-10-21 11:29:22
Every year an average of 23-28 thousand tons of pears are produced in the country, and this year the amount is only expected to be half of this volume –...
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The Hungarian exports give more than 10 percent of the world’s seed trade
Date: 2016-10-21 11:20:54
The Ministry is proud of the Hungarian seed sector’s performance. The Hungarian seed exports give more than 10 percent of the world’s seed trade – the Deputy Minister of State...
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