Market News
Paralympics 2016: sports equipment of tired outfits in the WestEnd
The members of the Hungarian Paralympic team were handed over the sport tools on Wednesday that was purchased from more than 1 million HUF within the “Wardrobe Updates” initiative. The...
Read moreSouth China's dog meat festival whipped up the passions once again
China’s Yulin local government has distanced itself from a controversial dog meat festival in southern China after years of activism unleashed a groundswell of public opposition to the event. Huge...
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Together for consumers
Together for Consumers is a one-of-a-kind initiative even at European level. Since its start in 2014, 28 food companies and organisations have joined this public health programme. Participants have made...
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World Star award for the world’s first aseptic carton bottle
In Budapest Tetra Pak was presented the World Packaging Organisation’s (WPO) prestigious World Star award for Tetra Evero Aseptic, the world’s first aseptic carton bottle. Tetra Evero Aseptic combines the...
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Rondo invest more in their Soroksár factory
Rondo Corrugated Board Kft. invest more than HUF 700 million in their Soroksár production facility this year. The factory is being modernised in several stages and the latest development is...
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Mineral water bottling plant built in Csákvár
Spiller Kft. built a new mineral water bottling plant from HUF 1.2 billion in Csákvár. Part of this sum, HUF 480 million came from EU financing schemes. The project has...
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Magazine: Self-service at the checkout
According to a BBC survey conducted in the autumn of 2015, shop assistants ranked 51st on a list of 366 jobs most likely to be replaced with robots. Scientists say...
Read moreThirty million tankards more beer will be consumed this year
A sharp increase occured in beer consumption in Hungary since the start of the European Football Championship. The domestic brewing association expects a 3 percent increase on the beer market,...
Read moreThe Hungarian sellers are the most delighted when working
Hungarian salespersons and service industry workers are the most delighted when working among the Europeans, followed by Poland and Lithuania on second and third place – according to a new...
Read moreHungary GMO-free status is constantly monitored
GMO-free controls are continuous in Hungary. In recent years, GMO-contaminated seeds and crops were destroyed on 6,500 hectares – the Minister of Agriculture told M1 news channel on Tuesday. Fazekas...
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KSH: net earnings rose 8.0 percent in April
The average monthly gross earnings in April were 6.4 percent higher than a year before, while net wages – due to the reduction in the tax rate – rose by...
Read moreConsumption arising from wage growth will boost the economy
Analysts interviewed by MTI expect a 5.4 to 6 percent gross wage growth for 2016. The analysts believe that consumption may be the main engine of economic growth in the...
Read moreThe termination of the ministerial background institutions may cause confusion
The government risks the flowing payment of the EU agricultural funds with the termination of ministerial background institutions and the termination of the Agriculture and Rural Development Office – mno.hu...
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Business sentiment improved significantly in the euro zone
Business sentiment improved much stronger-than-expected in Germany and in the eurozone in June – according to the Mannheim-based ZEW (Zentrum für Europäische Wirtschaftsforschung) Economic Research Institute. The ZEW said on...
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White mold can cause heavy losses
This year's rainy and relatively warm summer creates very favorable conditions for Sclerotinia sclerotiorum, the so called white mold infectio that causing serious losses to the sunflower and canola growers...
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Pécs power plant buys agricultural by-products
Pannonpower, a member of the Veolia Energy Hungary group, plans to purchase 200,000 tons of agricultural by-product for its Pécs biomass power plant this year. Farmers in the region can...
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New perspectives in the sheep and goat sector
According to György Czerván, secretary of state at the Ministry of Agriculture, the sheep and goat segment could play a more important role in Hungary’s agri-food sector than it does...
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Alföldi Tej exports to Lagos
Hungarian dairy company Alföldi Tej Kft. signed a milk export agreement with Lagos-seated firm Greenlands Agribusiness Consult Limited. In Q1 2016 the Hungarian company exports 21,000 litres of 2.8-percent fat...
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Magazine: NAK wants joint market protection
In 2015 the Hungarian food industry’s performance improved by approximately 5 percent. However, this growth is mainly the result of the 10-percent export expansion, while due to the many cheap...
Read moreSzázadvég: economy may expand by 2.1 percent this year and 3.2 percent next year
According to the forecast of the Századvég Gazdaságkutató Zrt., the Hungarian economy in 2016 will expand by 2.1, while in 2017 by 3.2 percent. Expansion this year may grow mostly...
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Milk imports increased
In Hungary, the national average production price of raw milk was 68.15 HUF / kilogramme in May 2016. Due to the 0.07 percentage point deterioration of the fat content, and...
Read moreThe harvest started in the country's southern counties
The harvest started in the country's southern counties. The early maturing winter barley is already harvested in the sandy areas – the president of the National Association of Grain Producers...
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FM: the widening of the Hungarian-Russian agricultural cooperation to contiue
The widening of the Hungarian-Russian agricultural cooperation will continue – the Ministry of Agriculture told MTI on Monday. According to the information, Nagy István, Parliamentary Minister State of the Ministry...
Read moreBeer market: 2015 was a good year
The Association of Hungarian Brewers reported that 6.5 million hectolitres of beer was sold in 2015 by the four leading beer companies, Borsodi Brewery Kft., Dreher Breweries Zrt., Heineken Hungária...
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More than half a ton of unverified gyros meat was found in Barcs
About six hundred kilograms unverified gyros meat was found by the finance guards of the National Tax and Customs Office (NAV) in a Slovenian a refrigerator van in Barcs –...
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A growing number of farmers are producing quinoa
The crop called quinoa used in healthy nutrition, can be the newest profit-making crop of the American farmers – agrerszektor.hu wrote. Some farmers, however, consider the crop as the “Inca...
Read moreSlovak livestock is in trouble
The production value of agriculture in Slovakia decreased steadily by a total of 12 percent over the last 20 years – Slovenské Noviny news portal wrote, referring to Milan Semancsik...
Read more2015 was the year of wine
At world level 2.2 percent more wine was produced in 2015 than in 2014: 274.4 million hectolitres were made, according to data from the International Organisation of Vine and Wine....
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Three million forints raised by playing football to save premature babies
On 8 May dm organised their 2nd charity football tournament with the participation of 12 teams. Teams had to pay for playing and this way they collected HUF 3 million...
Read moreQuality-wise a new era is about to start in wine making
Minister of Agriculture Sándor Fazekas has told that the Hungarian wine making sector is about to make great progress in terms production quality. The first signs of improvement were already...
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