Market News
MVH: the pre-payment of agricultural subsidies lasts by the end of November
The pre-payment of agricultural subsidies started on Monday and lasts until 30 November – Gyuricza Csaba, president of the Agricultural and Rural Development Agency (MVH), told M1 news channel on...
Read moreLeadership changes at more than 60 thousand Hungarian companies this year
Until now change in ownership occured at 11 percent of the companies in 2016 – Pertics Richárd, company information director of the Opten Kft. told penzcentrum.hu. Changes in the ownership...
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Increase in the euro-zone’s external trade surplus
Compared to the previous year, the trade surplus of the euro area in August increased, while trade surplus of the European Union decreased – according to the European Union's statistical...
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Hódmezővásárhely could be an agricultural higher education center
Independent agricultural higher education center can be established in Hódmezővásárhely – Lázár János, Minister leading the Prime Minister’s Office said at the City Council meeting – the vasarhely24.com wrote. According...
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Successful social debate
On 1 September the social debate of the Hungarian viticulture and oenology sector ended – informed Ottó Légli, president of the National Council of Wine Communities (HNT). The debate has...
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Series of events for food industry companies
This autumn NAK organises a series of events for food businesses. The programme is called Food Industry Overview 2016 and at the first event the study on the current conditions...
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Smartphone app for small-scale farmers
The Hungarian Chamber of Agriculture (NAK) developed a smartphone app and an online platform for small-scale farmers: from September they can use these to check the validity of their small-scale...
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Well legalisation can start
Wells constructed without permission can now be legalised – without having to pay a fine – at the notary’s office or the disaster management authorities. Wells dug illegally before 4...
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FruitVeB: cabbage acreage has grown, prices decreased
The cabbage acreage in Hungary increased by approximately 7-8 percent compared to last year – the president of the Hungarian Fruit and Vegetable Interprofessional Organisation and Product Board (FruitVeB) told...
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NGM: businesses will receive support for the purchase of online cash registers
The businesses that should use online cash registers from 1 January 2017 can receive 50 thousand HUF support to purchase the equipment -the Ministry of National Economy (NGM) told. According...
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The Food Convoy helps the needy by donating 30 tons of donations
This year, 30 tons of food donations of 17 companies trucks were transported to the warehouses of the Hungarian Food Bank Association on Friday through downtown Budapest. Cseh Balázs chairman...
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Consumer prices increased in the euro area and in the EU in September
Consumer prices increased in the euro area and in the European Union in September for the fourth consecutive month in an annual comparison. According to data published by Eurostat on...
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The original flavors are in focus in children nutrition
During children nutrition, focus should be put on the original taste of ingredients of vegetables and fruits, therefore there is a need to reduce sweeteners in addition to sugar –...
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FAO: agriculture should also make efforts for the reduction of harmful greenhouse gas emissions
Agriculture, including forestry, fisheries and livestock production, generate around a fifth of the world's greenhouse gas emissions. Agriculture must both contribute more to combating climate change while bracing to overcome...
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Students get local product manuals
When the 2016-2017 school year started, all 9th year students in Győr-Moson-Sopron County received a copy of NAK’s Local Product Manual. The goal of this campaign is popularising local products...
Read moreWheat prices took a dive
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that both USDA and IGC forecast a record wheat harvest of 743 million tons...
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Jonatán apples are no longer available in the stores
The well-known apple variety the Jonatán apple has disappeared from the stores – agrarszektor.hu wrote. It was pushed out of the trade because no demand occured towards the Jonatán apples...
Read moreFrench sweet corn may be toxic
Because of the risk of food poisoning sweet corn from France was withdrawn from circulation. The products were shipped to Hungary as well, but is has not been marketed yet...
Read moreNGM: simpler ekáer for Authorized Economic Operators
Due to the modification of the existing legislation, the Authorised Economic Operators can do simpler announcement in the electronic control system (ekáer) from Thursday – the Ministry of National Economy...
Read moreAutumn started well in the US retail sector
Following the 0.2 percent decline of August, retail sales on a monthly basis grew by 0.6 percent in September, in the United States – portfolio.hu wrote. The annual dynamics increased...
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Our trade balance is still positive, but…
As a highly industrialised country, the Czech Republic easily integrated into the economic structure of the European Union after 2004. After the political transformation the country’s economy strengthened, thanks to...
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Confident consumers
Slovakia is the 5th biggest market for Hungarian groceries: Hungarian companies realised EUR 197-million sales there in the first five months of 2016 – reported the Agricultural Economics Research Institute...
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How will the US presidential election affect financial markets?
Economic actors all over the world are setting their eyes on the US presidential election, which is closely connected to the FED’s expected raising of the base rate. In the...
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Nearly half of the Hungarian population does not get quality food regularly
Nearly half of the Hungarian population can not afford to regularly eat quality food, according to the latest Eurostat data. On the ocassion of the World Food Day held on...
Read moreK&H agro technological change is necessary
The persistently low selling prices need to be prepared for the globally good yields and high stocks, so the farmers need to improve efficiency and an agro technological change is...
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Randstad: less executive chair and salary for women
As understrappers, the workers consider mixed groups more effective, however, as women they prefer to work under the management of men – the latest survey of Randstad Work Monitor reveals....
Read moreBudapest Airport: the cargo traffic of the Budapest Airport continued to increase
In September, the international cargo traffic at the Ferihegy Budapest Airport surpassed the monthly 10 thousand tonnes for the first time. It is 33 percent higher than in the same...
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