Market News
Vámos György: the government made a rational decision
The government made a rational decision, realizing that most of the buyers do not agree with the Sunday rest day after a year – Vámos György, General Secretary of the...
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The effects of climate change could be reduced by decreasing food waste
Reducing food waste around the world would help curb emissions of planet-warming gases, lessening some of the impacts of climate change such as more extreme weather and rising seas, scientists...
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Hungarian foie gras exports to Thailand can be increased significantly
The Hungarian foie gras export to Thailand is expected to be increased significantly this year – Budai Gyula, Ministerial Commissioner of the Ministry of Foreign Affairs and Foreign Trade (KKM)...
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A slight increase in the eurozone’s economic growth in March
The eurozone's economic growth was “subdued” in the first quarter of 2016, and is struggling to find a “significant gain in momentum”, according to the latest PMI data released by...
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Magazine: The wonderful world of natural products
There are more and more conscious buyers who select which cosmetics to purchase very carefully. These people really like natural products and care less about prices than others. Virgin Oil...
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Fazekas: the dairy sector strategy contains the reduction of VAT on milk as well
The dairy sector strategy, prepared by the Ministry of Agriculture (FM) contains the reduction of VAT on milk as well. The document is scheduled to be discussed in April by...
Read moreV4 Chamber of Agriculture: milk producers and pig-breeders will have a difficult year
The milk producers and pig-breeders will have a difficult year – the representatives of the Agricultural Chamber of the Visegrád Group (V4) said in Czajowice, Poland held on 7-8 April...
Read moreThe Hungarian e-commerce market increased to tenfold in the past ten years
The Hungarian e-commerce market increased to tenfold in ten years, over 300 billion HUF last year – the Association of Electronic Trade Public Association (SzEK.org) reveals in its estimate based...
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KSH: foreign trade turnover picked up in February
The euro-denominated value of exports rose 8.0 percent in February after a 0.9 percent rise in January. Imports also picked up, exceeding 7.4 percent from a year earlier after a...
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The amount of grants to fisheries management has increased
Compared to the 13.7 billion HUF of the last seven-year’s EU budget period, in the current period Hungary can spend more than 16 billion HUF for fisheries management proposals. Viski...
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FM: Hungary is committed to reduce food losses
Hungary is particularly committed in the reduction of food losses – Nagy István, Parliamentary Minister of State of the Ministry of Agriculture (FM) said at the Organization for Economic Cooperation...
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Improved mood for SMEs
The K&H SME confidence index showing the expectations of the companies increased by 4 points to -7 points. The SMEs are expecting a positive change in relation to their financial...
Read moreRetail sales increased by 8.5 percent in the Czech Republic in February
In February, retail sales in the Czech Republic on an annual basis increased by 8.5 percent – the Czech Statistical Office (CSU) announced on Thursday in Prague. The January sales...
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Vegetables drive production prices in agriculture
In January 2016 agricultural production prices increased by 4.8 percent from the level of January 2015. This rise was driven by the price of vegetable products increasing 10.5 percent. Livestock/products...
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Ready Pay for people on the go
ReadyPay is the name of Vodafone’s new mobile bank card payment service. Users have to pay a monthly fee but a transaction fee of 1.25 percent only applies after the...
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Transparent trucks
Samsung Safety Trucks are easy to overtake: two cameras are attached to the front of the truck which film the oncoming traffic and send the image to the four Samsung...
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Magazin: PreGa 2016 – bionics is knocking at the door
The latest technological trends in agriculture, from Hungary and abroad, were presented at the 2nd PREGA Conference and Exhibition. Nearly 300 companies and more than 500 individuals were present at...
Read moreMDKE: the new system of tobacco trade is well established
According to the Hungarian Association of Tobacco Retailers (MDKE), the new system of tobacco trade is well established, but there is still a need for adequate vocational training for skilled...
Read moreThe Curia certified MSZP question on the Sunday rest day
The Curia changed the decision of the National Electoral Commission and certified the referendum question submitted by Nyakó István MSZP politician in relation to the store closure on Sunday signatures...
Read moreThe EU could pay simpler
Hungary urges a reduction in the administration of the EU’s greening agricultural subsidies as well as the simplification of environmental regulations – the agrarszektor.hu wrote. Hungary would easen the excessively...
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Nébih: 45 million HUF fine in the spring inspections
Several hygienic but less quality problems were found by the specialists of the National Food Chain Safety Office (Nébih) during the spring seasonal checks than in previous years. According to...
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KKM: the Alföldi Tej Kft. concluded a milk supply contract with a company in Nigeria
The Hungarian Alföldi Tej Kft. and the Lagos-based Greenlands Agribusiness Consult Limited concluded a milk supply contract – the foreign economy ministry told MTI on Thursday. According to the communication,...
Read moreTesco: every child deserves a carefree childhood
The Tesco and the Ecumenical HIA are collecting for the needy and abused children. Tesco this year also participates as a strategic partner of the Ecumenical HIA to help disadvantaged...
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The European Union intends to modernize Value Added Tax
Today's Action Plan is the first step towards a single EU VAT area which is equipped to tackle fraud, to support business and help the digital economy and e-commerce. The...
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These are the most attractive companies for employees this year
According to the Hungarian results of the Randstad Award, the world's largest employer brand research, among the largest employers, Audi Hungaria and Mercedes continue to be the two most attractive...
Read moreFazekas Sándor: Hungarian winemaking is before a quality change
The Hungarian winemaking industry is experiencing a quality change of era. In the past few years the possibility of a quantitative and qualitative move forward in the industry – said...
Read moreA record amount of beer was brewed in the Czech breweries last year
A record volume of 20.076 million hectoliters of beer was brewed in the Czech Republic last year, which compared in an annual comparision is a rise of 2.2 percent. The...
Read moreThe Romanian retail sales expanded by 18.7 percent
In the first two months of this year, the Romanian retail sales volume rose 18.7 percent, compared to the same period of last year. According to the calendar-adjusted index the...
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Spar: Garfield returns with animal records
The world's laziest cat went on holiday for a year, but now returns with SPAR’s sticker album that features animal records. SPAR has a real success serie, as in 2011...
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EU about to rethink tax systems
The European Commission have shared the contents of their Anti-Tax Avoidance Package (ATAP) with the public. There are three main courses of action: introducing a common consolidated corporate tax base;...
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