Market News
140,000 hectares of state-owned farmland to go on sale this spring
Date: 2016-02-26 09:48:33
So far 130,000 hectares of farmland were sold to farmers within the framework of the ‘Land for Farmers’ programme. About 7,000 farmers purchased 12,000 plots. The state’s revenue from this...
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The Milk, Whole-Heartedly program including 27 thousand kids has been completed
Date: 2016-02-25 11:40:00
Between December 2015 and February 2016 the Agricultural Marketing Directorate of the Hungarian National Tourist Office (Magyar Turizmus Zrt.), the Ministry of Agriculture and the Dairy Interprofessional Organization and Marketing...
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Domestic garlic is running out
Date: 2016-02-25 11:33:05
Experts say that because of the drought 15-20 percent less garlic was grown in 2015 than in the year before, because this plant is essentially produced around Makó without irrigation....
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Hungary can deliver cattle to Egypt again
Date: 2016-02-25 11:18:14
Hungary can export live cattle to the North African state again, because the previously obstacle (bluetongue disease) is no longer present – the Ministry of Agriculture (FM) told MTI on...
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Support for the fight against phytoplasma infection
Date: 2016-02-25 11:13:46
The Ministry of Agriculture supports the fight against phytoplasma infection with 8000 HUF per hectare. The Ministry of Agriculture provides direct fundings for the defense against plant quarantine pests for...
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The world without PET bottles
Date: 2016-02-25 11:12:12
The climate change is one of the most pressing issue on Earth. Thousands of activists are campaigning worldwide to draw attention for the responsibility of humans. Many people think that...
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Consumer confidence is on seven-month lows in the United States in February
Date: 2016-02-25 11:10:09
Consumer confidence decreased in the U.S.A. in February to the lowest level in seven months as worries about a slowing economy and tumbling stock prices took a toll. The Conference...
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Foreigners buy up the Hungarian walnuts quickly
Date: 2016-02-24 11:33:24
The vaccination of walnuts ended in February. The Hungarian Horticultural Propagation Nonprofit Ltd. (MKSZN) is prepared for the 2017 sales. The market demand is high, but the Magyar Kertészeti Szaporítóanyag...
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The Rural Development Programme is useful for the winemakers
Date: 2016-02-24 11:30:32
The Rural Development Programme (VP) contains a lot of support options for the winery investments, technological development, innovation. The applications will appear continuously from March – the Deputy Minister of...
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The food industry will also join to dual training
Date: 2016-02-24 11:28:40
The Food Science Faculty of the Szent István University (SZIE) launches a dual training with eight food companies in the 2016/2017 academic year. The program can be regarded as a...
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Irrigation development applications to be announced from April
Date: 2016-02-24 11:18:46
The applications for the irrigation development of agricultural lands is expected to appear in April with a nearly fifty billion HUF amount. According to the communication of the Prime Minister's...
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The Romanian Minister of Agriculture supports the weekend closure of hypermarkets
Date: 2016-02-24 11:12:45
Achim Irimescu Romanian Minister of Agriculture proposed the weekend closure of hypermarkets as well as the increase of the Romanian products in the stores on Tuesday in the parliament. He...
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Denmark's first ever food surplus supermarket has opened its doors
Date: 2016-02-24 11:06:50
The store in Copenhagen called Wefood will sell products 30 – 50 percent cheaper than normal supermarkets. Wefood is hoping to help reduce the 700,000 tonnes of food waste Denmark...
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New tax in Poland
Date: 2016-02-24 10:35:24
Poland’s Minister of Finance Pawel Szalamacha announced that the government imposes a new tax on retail chains. For chains with a turnover below EUR 67 million will have the rate...
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Magazine: Restaurant owner who represents a new era
Date: 2016-02-24 07:28:44
Rudolf Semsei, the owner of the VakVarjú chain, other restaurants and Budapest Party Service, became ‘Restaurateur of the Year’ in 2015. When our magazine asked him what the prize meant...
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OKSZ: the increase in retail sales may slow down
Date: 2016-02-23 11:55:14
Last year’s 5.5 percent increase in retail is the biggest growth rate of the last three years; This year the turnover is expected to increase, its rate may be lower,...
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Producer price of milk declined
Date: 2016-02-23 11:50:58
Raw milk prices fell by 1 percent in January, compared to December and were 14 percent lower compared to the same month of the previous year ¬ the Agricultural Economics...
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The Rural Development Agency paid ot more than half of the supports to the farmers
Date: 2016-02-23 11:42:40
For the implementation of the agricultural policy, this year 400 billion HUF EU support is available. Until now, 270 billion HUF has been already paid out to the winners –...
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Changes in the Food Codex
Date: 2016-02-23 11:33:41
The regulation of the Hungarian Food Codex on breads and pastries is changing: the continuously refreshed rules is a guarantee to produce high-quality products . Among the changes Zsigó Róbert,...
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The further growth of e-commerce gives impetus to the Pick Pack Pont
Date: 2016-02-23 11:32:48
The Pick Pack Point – that is celebrating its 6th anniversary this year – continues to grow unabated, as in the Christmas season the company delivered 26 percent more packages,...
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Mastercard: customers are happy with the new mobile payment solutions
Date: 2016-02-23 11:30:15
Shoppers in 2015 welcomed the expansion of mobile payment options, but more and more people want to see these solutions in everyday life. This is indicated by the fact that...
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NGM: the families could also spent more on durable goods last year
Date: 2016-02-23 11:18:36
The retail sales of non-food products grew last year at the highest rate, which shows that the families could also spent more on durable goods last year, mainly due to...
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The GKI sentiment index decreased significantly
Date: 2016-02-22 11:40:23
The seasonally adjusted value of the GKI sentiment index declined in February from the high levels of January in an amount has not seen for a year. Expectations deteriorated in...
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Horticulture Subcommittee: Hungarian apricot production is in danger
Date: 2016-02-22 11:30:37
The Hungarian apricot production is at risk in, because last year, several plantations significantly damaged. At the Gönci region the destruction rate of trees amounted to 30-40 percent, and this...
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Application for Food Industrial development funds to be launched on 25 February
Date: 2016-02-22 11:28:23
In order to the more thorough preparations, and taking the interests of the farmers into account, the Prime Minister's Office modified the “Mezőgazdasági termékek értéknövelése és erőforrás-hatékonyságának elősegítése a feldolgozásban”...
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Still no decision on the model farms
Date: 2016-02-22 11:15:35
Although Fazekas Sándor, Minister of Agriculture has already made a proposal about which private agricultural companies can become model farms on 15 January, the government has not yet decided on...
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Thousands of ltds may come to an end
Date: 2016-02-22 11:03:26
Thousands of limited liability companies may be terminated as a result of the statutory share capital increase from 15 March – Eperjesi Zoltán, deputy head of the economic college of...
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New applications in a value of 138 billion HUF
Date: 2016-02-22 11:02:57
Six new call for proposals was published on 9 February in the Rural Development Programme, in a value of approximately 138 billion HUF – the Prime Minister’s Office announced. The...
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Markit: still no improvement in the euro zone
Date: 2016-02-22 11:01:36
After the initial data that was worse than expected, no improvement occured in the euro zone in February. The activities of the private enterprises are struggling with the decline in...
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The spread of GMO crops is slowing
Date: 2016-02-22 11:01:28
Since 2012 in terms of the sowing of GMO crops a decline can be experienced in the growth rate – the Agroinform wrote. As the benefits of GMO crops the...
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