Market News
Trade relations are strengthening with the wholesale market in Padua
The Hungarian partners have a turnover of 15 million euros with the wholesale market in Padua. The largest wholesale market in Italy further strengthening its ties with Hungary – the...
Read moreKSH: employment increased in the third quarter
The number of employees increased by 126 thousand over the year and reached 4 million 390 thousand in the third quarter – the Central Statistical Office (KSH) announced on Thursday....
Read moreFazekas: the '56 Tokaji aszú is the pride of the nation
The 1956 vintage Tokaji aszú wine is the pride of the nation. In the coming decades it will worthily represent the values of the revolution and the values and performance...
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Herb gardens and processor will be created in Ópusztaszer
The visitors can get acquainted with the traditions of medieval herb cultivation and processing at the garden center which will be created in the next spring in the Ópusztaszer National...
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Hungarian product Sport Pasta qualifies for international final
The Sport Pasta products of Famíliatészta Kft.’s Vitale range qualified for the final of the international innovation competition World Tour by SIAL 2016. Vitale pastas contain 50 percent (Sport Pasta)...
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Agricultural chamber urges the introduction of lower employer contributions
According to the Hungarian Chamber of Agriculture (NAK), in addition to agriculture, the programme for cutting employer contributions, recently announced by the government, should be extended to other sectors such...
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More balanced lemon juice market
The Olympos brand has been the strongest player in the lemon juice market for many years. Vilmos Várkonyi, group brand manager of Maspex Olympos Kft. told that the company’s most...
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Magazine: Sailing on the endless sea of flavours
In comparison with last year’s exceptionally positive trends, this year the Hungarian fruit juice market came to a bit of a halt. According to Nielsen, in the first half of...
Read moreOKSZ: retail sales this year may grow by around 5 percent
The August expansion of retail sales was outstanding, the data shows that this year will be the third year in the sector, when growth reached or exceeded 5 percent –...
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FM: the Hungarian food industry’s potential is 60 percent higher than its performance
The Hungarian food industry’s potential is 60 percent higher than its current performance – the Deputy Minister of State of the Ministry of Agriculture (FM) said on Wednesday at a...
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Polish egg shipments will be checked by the NÉBIH
An alert arrived into the EU’s Rapid Alert System for Food and Feed (RASFF) about Polish eggs infected with salmonella. Because of the high food safety risk, Zsigó Róbert, Minister...
Read moreFM: new quality-control action can be around Christmas
Inspectors will presumably carry out hold another quality control actions involving the beverage supply around Christmas – Zsigó Róbert, Minister of State, responsible for the food chain supervision at the...
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Agriculture ministers joined forces against the EU’s proposal
The agriculture ministers of the Visegrad Four countries and Bulgaria, Slovenia and Romania adopted a joint declaration in Warsaw on Wednesday, in order to withdraw the European Commission’s proposal that...
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FM: request for the production of Csaba Sausage has not arrived yet
Legislation change request in connection with the production of the Csaba Sausage has not arrived yet to the Ministry of Agriculture (FM) – the ministry's interest told MTI on Wednesday....
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The GVH inspects advertisings appear in the social media as well
The Hungarian Competition Authority (GVH) will examine the communication contents that appear in the social media because the consumer is often unable to find out that whether it is a...
Read more57 percent of the Hungarian employers have difficulties in finding labor force, according to a survey
57 percent of the Hungarian employers responded that they have difficulties in finding suitable labor force. 32 percent of the Hungarian employers say that there are no candidates to the...
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Chocolate, coffee and energy drink VAT frauders were captured
VAT frauders were captured by the inspectors of the National Tax and Customs Office (NAV) who were selling chocolate, coffee and energy drinks – the NAV told MTI on Wednesday....
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Software update for online cash registers
It is the National Tax and Customs Administration’s (NAV) task to update the software used on online cash registers – the owners have no obligation whatsoever in connection with this...
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Tackling tax havens
According to the European Commission’s (EC) calculations, due to the special treatment offered by the Irish tax authorities, in 2003 the corporate tax rate for Apple’s European profits was 1...
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Magazine: Canned food has grown out of the tin box
Canned food is a large category, in terms of both content and area of use. According to Dr Sándor Szórádi, managing director of Szatmári Konzervgyár Kft., now that there are...
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Central Statistical Office: retail sales rose 5.8 percent in August
The volume of retail sales in August, according to the raw data increased by 5.8 percent, calendary effect adjusted rose by 4.3 percent compared to the same period of last...
Read moreThe debate on the national food marketing program ends in October
The social discussion on the national food marketing program ends in October – the Ministry of Agriculture (FM) told MTI on Tuesday. The ministry said in a statement that Nagy...
Read moreThe VOSZ urges an immediate reduce in contributions
The National Association of Entrepreneurs and Employers urges immediate reduce in contributions in the sectors that mostly contribute to economic growth – the National Association of Entrepreneurs and Employers told...
Read moreAgricultural Logistics industrial park in Tiszasziget
An agricultural logistics industrial park will be created in Tiszasziget, in which a plastic processing plant will be built in a value of about 2 billion HUF – Ferenczi Ferenc...
Read moreConsumer confidence deteriorated in the world's largest economy
Deterioration in consumer confidence occured in October in the US economy, according to the sentiment index of the Conference Board research firm released on Tuesday. The October index decreased to...
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Lasagna-chips where even “the other way” is in a different way – Video of the day
In a soundproof room filled with microphones, the chef Massimo Bottura of The World's Best Restaurant, Osteria Francescana prepares a perfect dish — and serves it to a robot. This...
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Stricter data protection regulation
As of 2018 a new, standard data management regulation enters into force in the European Union, because this spring the European Parliament (EP) voted in favour of the General Data...
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Stricter rules in the Hungarian Food Book
As of 21 July 2016 rules for meat products and certain prepared meats changed in the Hungarian Food Book (Codex Alimentarius). New definitions have been introduced and old ones have...
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Magazine: Wiener shifts into fifth gear
2015 was a good year for the wiener market. However, in the first half of 2016 the market lost dynamism, mainly because of the decline in the sales of lower-priced...
Read moreBeer sold well during the European Football Championship
The Hungarian soccer team performed better than expected, the domestic beer consumption was in line with the EC appearance – index wrote after Világgazdaság. 12 million pints more, or about...
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