Market News

Hungarian livestock in numbers

The cattle population’s growth that lasts since 2010 has continued. The number of pigs and sheep in the last six months remained virtually unchanged. According to the flash report of...

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Israel is expecting the Hungarian eggs and beef

Israel has shown interest towards the Hungarian egg and beef – was said at the working breakfast of Uri Yehuda Ariel Haconen, Israel's Minister of Agriculture and Rural Development and...

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KPMG: more than 174 thousand farmers claimed greening support last year

In the first year of the introduction of the greening support more than 174 thousand Hungarian farmers claimed the support after about 5 million hectares in 2015 – the KPMG...

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The Universal Leaf Tobacco is taking less tobacco from the producers this year

The ULT (Universal Leaf Tobacco) Magyarország Zrt. will significantly reduce its tobacco-producing areas, as well as the yield bought from the farmers this year – the CEO of the Nyíregyháza-based...

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FM: modern crop protection is a key to human health

Modern crop protection is a key to human health, because food safety begins at the soils and healthy plants – the Minister of State of the Ministry of Agriculture (FM)...

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Foreign trade expanded in Europe

Last year, both the euro zone and the EU increased their exports and imports, and the trade surplus increased in both regions as well – the European Union's statistical office,...

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GfK: the sales of technical products increased by 8.7 percent in the fourth quarter

The sales of durable technical goods achieved an 8.7 percent growth in the fourth quarter of last year, compared to the same period of the previous year, The total turnover...

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Hungarian member in the European Commission’s new agricultural committee of experts

The European Commission formed a high-level committee of experts in order to help stabilise the situation in the agri-food market. On 12 January 2016 commissioner for agriculture Phil Hogan announced...

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Magazine: Optimistic start of the year in agriculture

The majority of farmers would be satisfied this year if agriculture’s output – at least in crop yield – would reach the same level as two years ago. So far...

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Financial administrative work takes up too much time

Sorry, this entry is only available in HU....

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KSH: agricultural producer prices rose by 5.2 percent in December

Agricultural producer prices were 5.2 percent higher last December, than a year before. In terms of the whole year 2015 agricultural producer prices rose by 0.4 percent. The price of...

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VAT on milk may be reduced

A five-point package of proposals is being created to support dairy farmers – Czerván György, Minister of State of the Ministry of Agriculture told Magyar Nemzet. The ministry will propose...

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Analysts: GDP growth beyond the expectations

The growth in gross domestic product (GDP) surpassed all analysts' expectations – according to macroeconomic analysts interviewed by MTI. In response to the Central Statistical Office’s (KSH) Friday published data,...

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Measures against honey forgers

The European Commission developed a control plan in order to eliminate industrially created import honey imported to the EU. In Hungary the fake honey have been basically eliminated. The NÉBIH-...

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We need to shift to innovation-driven economy

We need to shift to innovation-driven economy in the coming years. The industry should rely on knowledge, research and development, higher education and vocational education – the Minister of State...

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The stores that throw out food to be fined in France

France has become the first nation in the world that will ban supermarkets if wasting food – according to a new law this month. From now, the large grocery stores...

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The authorities will strictly monitor the unlawfully operating sales presentation companies

The authorities shall cooperate in the procedures relating to the sales presentations and strictly oppose against the offending companies. According to the joint statement of the Hungarian Competition Authority (GVH),...

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Hungary performs well in the EU export competition

According to the first approximation, the euro zone’s 19 Member States shipped 167.5 billion euros worth goods to the rest of the world in December 2015, which is a three...

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Russia may be the world's largest grain exporter

Russia's government hopes that Russia can become the world's largest grain exporter in the next agricultural year, like the former Soviet Union – Magyar Nemzet Online wrote. Russian Agriculture Minister...

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Two passengers tried to smuggle cigarettes from Dubai to Hungary

About 7700 boxes of smuggled cigarettes were seized by finance guards at the Liszt Ferenc International Airport in Budapest – the National Tax and Customs Office (NAV) told MTI on...

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More than one and a half thousand years old roly-poly was found in Northwest China

In Northwest China's Xinjiang, roly-poly was consumed already 1700 years ago. The roly-poly is the inevitable traditional food of the Chinese Lunar New Year's dinner – archaeologists claim. The conclusion...

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Lower administrative burden in the oenology and viticulture sector

From 1 April 2016 winemakers can ask the relevant authorities to issue certificates of origin in an electronic format. Other changes in the regulation of the oenology and viticulture sector...

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Winter inspections: good results

Winter inspections in the food supply chain ended with positive results in most cases. In December 2015 precisely 4,997 checks were performed by experts, 8.4 tons of products were ordered...

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EU apple and pear may be allowed to enter the USA

The United States Department of Agriculture (USDA) published a draft regulation that gives a green light to apple and pear import from the European Union. This is great news for...

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Magazine: Almost 700 square metres of Hungarian exhibition space at Grüne Woche

Between 15 and 24 January 2016 Berlin was the place where the world’s agri-food producers gathered: there were almost 1,700 exhibitors from 65 countries on 120,000m² at Grüne Woche, which...

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Big Data changes the future of HR

Big Data analysis can help to optimise the recruitment process for HR managers, for whom certain personal characteristics and competences (soft skills) have become more important by now than previous...

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Retail sales of household chemicals and cosmetics increased by six percent

The retail sales of household chemicals and cosmetics amounted to 356 billion HUF last year; 6 percent higher than a year before. The volume of sales remained unchanged. Among the...

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The families save an annual ten thousands HUF due to the VAT reduction on pork

The VAT reduction on pork is resulted in 25 million HUF savings for the customers, so a family of four will save an annual ten thousands HUF – the Parliamentary...

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KSH: the performance of the economy grew by 2.9 percent last year

Hungary's gross domestic product (GDP) grew by 2.9 percent in 2015, compared to the previous year. In the fourth quarter of 2015 the growth was 3.2 percent, compared to the...

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Young farmers are performing well in the horticultural sector

The rate of young farmers in the horticultural sector is more than 10 percent in Hungary. These farmers are taking risks above the average and are more open to new...

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