Market News
Italian beer pushes forward
Last year Italy’s beer export soared 27 percent. About half of exported Italian beers are sold in the United Kingdom. In the last 10 years Italy’s beer export tripled....
Read more
Metro online: expansion in China
Germany’s biggest retailer, Metro AG is planning to start cooperating with Alibaba Group Holding. The German company will sell private label products on the website of the Chinese firm. In...
Read moreMagazine: Can you get the burnout syndrome at an early age?
Does someone have to live 30, 40 or 50 years to get the burnout syndrome? When a baby is born all they want is to be loved and this feeling...
Read moreAssociation of Hungarian Meat Industrialists: the European meat industry rejects the WHO’s study
The Association of Hungarian Meat Industrialists, as the member of the CLITRAVI, the European trade organization of the sector, in agreement with the European meat industrial companies informs the consumers...
Read moreAccording to the VHT the consumption of pork should be increased while the WHO study is unscientific
The Meat Marketing Board and Interprofessional Organization (VHT) wants to increase the consumption of pork in Hungary by 2020 – until the end of the current EU budget period; This...
Read more
Agricultural exports decreased slightly
The agricultural export balance only moderated slightly in the first seven months of 2015, however, the Russian embargo remains a concern – the Magyar Idők wrote on Tuesday. On the...
Read moreFM: genetically modified varieties of maize cannot be grown in Hungary
On the basis of the Hungarian request submitted to the European Commission, the production licence of the previously approved genetically modified (GM) maize and the to be approved GMO maize...
Read moreLabor shortage can be an unmanageable problem by 2050
The decline of the working age population could lead to critical labor shortages in Europe by the mid-century. For 2050, the European continent will be the oldest region. 15 percent...
Read moreSuccessful agricultural research is needed for the development of agriculture
The development of the Hungarian agriculture and the ensuring of its competitiveness can not be achieved without effective agricultural research activities in Hungary – the Parliamentary Minister of State of...
Read more
Choking mouse in the sugar dollop
The inspectors of the National Food Chain Safety Office (Nébih) found expired and unlabeled materials and products in a fondant manufacturing plant in Örkény, Pest County. During the investigation a...
Read moreSmart City application to be tested in Budapest
A Smart City application will be tested in Budapest, during which the public lighting will be adapted to the traffic, the noise and air pollution, and data will be collecterd...
Read moreFifteen hundred year old wine press was found after a storm in Israel
A large, well-preserved 1,500-year-old winery has been exposed during a violent storm in the Sharon Plain region, located between the Mediterranean Sea and Samarian Hills, the Antiquities Authority announced Monday....
Read more
Applying Binding Corporate Rules in transfers of data
As of 1 October 2015 Binding Corporate Rules (BCR) have to be applied. What is BCR? Internal rules adopted by a multinational group of companies which define its global policy...
Read more
New electronic invoice decree
On 1 July 2015 NGM decree 23/2014 (VI. 30.) entered into force: the new decree regulates the tax-authority identification of invoices and receipts and the tax-authority checking of invoices preserved...
Read more
Magazine: Loans from an SME perspective
Viktor Zoltán Kovács, the head of K&H Bank’s SME marketing division is of the opinion that in 2015 the products of the Lending for Growth Programme (NHP) – with their...
Read more
GKI: Improving consumer sentiment and deteriorating business
The GKI-Erste economic sentiment index continued to rise in October, almost reaching its level at the end of 2014. According to the empirical survey, consumer expectations improved significantly, whereas the business...
Read moreThe National Council of Wine Communities expects a good vintage wine in quantity and quality
The Hungarian wines will be a good vintage this year both inquantity and quality – the technical director of the National Council of Wine Communities (HNT) said on Monday morning...
Read more700 billion HUF is at stake: the new applications are being prepared
Application working groups have been established with the participation of the Prime Minister's Office, the Agricultural and Rural Development Authority (MVH), the Ministry of Agriculture (FM) and the National Agricultural...
Read moreThe Hungarian beekeepers want an EU investigation because of the counterfeit Chinese honey
Because of the counterfeit Chinese honey, the Hungarian beekeepers want an EU investigation – Takács Ferenc, a member of the Kaposvár and Area Beekeepers Association told m1 news channel on...
Read more
NAK: the agri-environmental management calculator is available
The agri-environmental management calculator (AKG) is already available on the website of the National Association of Agricultural Economics (NAK) as well as the area measuring Manual – the NAK told...
Read more
Wine Museum in Tokaj
The ruiny Serház (Beerhouse) in Tokaj to be renewed. The building in he future will serves as an exhibition space and museum of the wine wine world heritage regions –...
Read moreGerman business sentiment deteriorated slightly
The German business sentiment index of the ifo Institute for Economic Research in October declined slightly. The German companies were less satisfied with their current business situation, however, are more...
Read more
Long-lasting freshness
Research by Procter&Gamble found that basically consumers want two things from a fabric softener: long lasting scent and freshness. Super-concentrated Lenor is an influential product in the fabric softener category....
Read more
The purpose is to make small farms viable
The Hungarian government aims to make small farms viable – Nagy István, Parliamentary Minister of State of the Ministry of Agriculture said at the 20th Tiszántúli Plant Protection Forum. He...
Read more
Deterioration in consumer sentiment in the euro area and the EU as well
The mood among consumers in the Euro Area decreased by 0.6 points to -7.7 in October from -7.1 in September of 2015, missing market expectations of -7.35 and reaching the...
Read moreThe FM is searching for Chinese honey
The Ministry of Agriculture (FM) initiates an investigation to detect, which Hungarian honey mixes include Chinese imports – the agrarszektor.hu wrote. Officially, – according to the statistics – no honey...
Read more
The Nébih found everything OK when checking the garlic
The National Food Chain Safety Office (Nébih) found no irregularities when examining garlic products – the Nébih told MTI on Thursday. During the test pesticide residues, heavy metals and mycotoxins...
Read moreThree hundred experts of fifty countries at the International Academy for Quality (IAQ) world forum in Budapest
Three hundred experts of fifty countries will take part at the International Academy for Quality (IAQ) world forum in Budapest on 26-27 October.More than 120 domestic professionals have also registered...
Read more
Some SMEs want to invest, others don’t
Following the nadir of early 2015, Hungarian SMEs became more willing to invest: 51 percent of enterprises plan some kind of development project – reveals K&H’s latest SME confidence index....
Read more
CHOCCO GARDEN: a new brand in the confectionery market
CHOCCO GARDEN was established with the goal of manufacturing confectionery products which can also be competitive in international markets. Managing director Sándor Sánta told that the products will be sold...
Read more
