Market News
Russian vodka exports fell
Russian vodka and spirits exports decreased to their lowest level in a decade – the origo.hu wrote. Referring to the Russian customs data the Russian Kommersant economic newspaper reported that...
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The robots are replacing human workforce
A respectable professor drew attention to a process that is endangering the of human society: 30 years later, every second job will be carried out byrobots – the mfor.hu wrote....
Read moreCroatian Chamber of Economy and NAK sign cooperation agreement
The Croatian Chamber of Economy and the Hungarian Chamber of Agriculture (NAK) have signed a cooperation agreement in Zagreb. One of the agreement’s most important objectives is to help farmers...
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Planned public funds authority is a problematic idea
According to László Zara, president of the National Association of Tax Advisors and Bookeeping Service Providers (MAKSZOE), the idea of establishing a new government authority to fight tax fraud and...
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Magazine: Migrants in the labour market: crisis or opportunity?
Last year more than 1.2 million people asked for asylum in the European Union, twice as many as in 2014. Many experts say that from an economic and labour market...
Read moreNo recovery is expected this year in the canned and frozen vegetables sector
This year, experts do not expect a rise in the cultivation of sweet corn, green peas and green beans that are mainly sold on export markets. The decrease is due...
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FruitVeB: the current weather does not cause major problems
The current weather – relatively warm and rainy – still does not cause major problems in the cultivation of vegetables or orchards – the Chairman of the Hungarian Fruit and...
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K&H: more people are optimistic about their financial situation
The assessment of the current financial situation, as well as the short and long-term financial security turned slightly positive. This is the main reason that K&H’s secure future index increased...
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Lending for growth programme helps many businesses
The Lending for Growth Programme (NHP) managed to stop the shrinking of the loan stock: thanks to the NHP about 31,000 small and medium-sized enterprises have been granted loans. According...
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MAZARS: even 50 percent tax duties may be imposed on the poorly organized prize winning actions
Domestic consumers can also meet with promotional discounts every minute that are offering complimentary gifts, guaranteed prize or lottery to participate. “The announcers of the promotions do not count with...
Read moreThe number of mini-breweries increasing rapidly in the Czech Republic
The number of mini-breweries increasing rapidly in the Czech Republic, their number increased by 56 since the beginning of 2015 and amounted to 302 now – said Jan Surán, chairman...
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Unverified Polish potatoes were found again
An entrepreneur in Újfehértó was caught once again, after unverified, Polish potatoes were found at the fruit and vegetable wholesaler again. The National Food safety Office and the National Tax...
Read moreIllegal tobacco cutting factory was found in Szabolcs county
Finance guards found an illegal tobacco cutting plant in Szabolcs-Szatmár-Bereg county – Magyar Norbert, press officer the National Tax and Customs Authority told MTI. Magyar Norbert said that the finance...
Read moreCutthroat competition on the Chinese smartphone market
Smartphone sales in China increased last year, while the ranking of the manufacturers has changed. Smartphone sales in the fourth quarter increased by 7.9 percent in China year on year...
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Prologis Announces Full Year 2015 Activity in Central & Eastern Europe
Prologis, Inc., the global leader in industrial real estate, today announced full-year 2015 activity in Central and Eastern Europe (CEE). Operating Performance The company leased 1.75 million square metres in...
Read moreNew rules for getting the small-scale farmer ID
The new government decree on small-scale farmer IDs entered into force on 1 January 2016. With the new system farmers’ administrative burden will reduce and a ‘whitening’ process is expected...
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Magazine: More room outside?
These days when going to a grocery store or ordering a burger in a fast food restaurant we very often experience the lack of quality labour force or simply the...
Read moreHungarian 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...
Read moreKPMG: 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...
Read moreThe 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...
Read moreHungarian 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....
Read moreKSH: 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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