Market News
The Hungarian fruit will be the main star at the pálinka festival in Gyula this year
The 16th International Pálinka Festival focuses on the Hungarian fruit. The festival takes place between 17 and 19 April in Gyula – Lovász Sándor main organizer said at the press...
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Hungary’s largest carriers' representative organization to celebrate jubilee
The Magánvállalkozók Nemzeti Fuvarozó Ipartestülete (NiT Hungary) Industrial Corporation of Private Carriers will celebrate its 25th birthday this year. The NiT Hungary has about 3,000 members, including 599 bus and...
Read morePhysical stores are in close connection with the online world
Nielsen surveyed 22 product groups to examine how open Hungarian internet users are to e-commerce. The study revealed that in the next six months more than half of Hungarians plan...
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KSH: agricultural producer prices fell by 6.6 percent in December
The agricultural producer prices declined by 6.6 percent in December last year, compared to a year before. Within the agricultural producer prices, the producer price of plant products decreased by...
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It is prohibited to market foods containing more than allowed trans fatty acid from Wednesday
From Wednesday, it is prohibited to market foods containing more than 2 grams of trans fatty acids in 100 grams of total fat content. The one-year grace period ends on...
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An increase in the EU economy
The gross domestic product (GDP) increased by 0.4 percent in the fourth quarter of 2014 in the EU28 on a quarterly basis – according to the preliminary data of the...
Read moreIt also depends on the investments where we would gladly work
According to the datas of Randstad, the payment was the most important for the Hungarian workers in 2014, but on the basis of the international trends, it can become more...
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The Hungarian Mobile Wallet Association starts an incubation program
The Mobile Wallet, in addition to the simplifying and acceleration of the financial transactions can follow the entire purchasing process from the recognition of the product to the cashier. The...
Read moreThe EKÁER causes difficulties again
The businesses and the tax authority will only have a few working dasy to prepare for the changes of the Electronic road freight Control System (EKÁER) if the parliament accept...
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The luxury caviar of Salzburg costs hundred thousand euros
A Salzburg-based fish merchant prepares caviar enriched with gold from an albino sturgeon fish specie. The price of the caviar is hundred thousand euros per kilo, or more than thirty...
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Fifteen hundred years old grape seeds were found in the Negev desert
Charred grape seeds dating back 1,500 years were discovered recently in an archaeological excavation in the ruins of the ancient Byzantine city of Halutza, about 19 miles southwest of Beersheba....
Read moreHungarian-Azeri business forum
Hungarian Prime Minister Viktor Orbán opened the Hungarian-Azeri business forum on 11 November in Budapest. He told that the energy sector would be a key area of cooperation between the...
Read moreMoscow dictates prices
The Agricultural Economics Research Institute (AKI) keeps monitoring and publishing the world’s agri-food prices and trends. We can learn from their latest market report that due to the import ban...
Read moreSubsidies needed for energy crop storage
NAK’s crop growing department held its annual meeting at the Faculty of Horticulture of Kecskemét College. Gergely Domján, NAK president in Bács-Kiskun County told that heavy rains in the harvest...
Read moreAnalysts: the GDP data is surprisingly positive
Analysts polled by MTI assessed teh fourth quarterly GDP data as surprisingly favorable. The analysts also drew attention to the fact that such a high last-quarterly GDP growth occured in...
Read moreHay Group: a real wage growth above the European average is expected this year in Hungary
In Hungary, a higher than the European average real wage growth is expected this year – according to the latest survey of the Hay Group international management consulting firm. The...
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A reduction in the number of agricultural bankruptcies
The sectoral bankruptcy rate has risen in recent years in all sectors, but in 2013 produced a long-term decline. This trend did not last in 2014, the index by the...
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Deloitte: the non-performing loan market is recovering in Central Europe
Over the past year, the sales of portfolios of the badly performing loan increased significantly in nine Central European countries examined by Deloitte – the audit firm informed MTI. The...
Read moreKovács Zoltán: no government regulation about Sunday exemption yet
All sorts of doubtful speculations appear in the media in connection with the exemption under the Sunday store closure including which stores can get exemption. Kovács Zoltán government spokesman told...
Read moreThe French National Assembly adopted the Government proposal on the extension of Sunday opening
On Saturday, the French National Assembly adopted the French Government’s proposal on the extension of Sunday opening. It was one of the most controversial issue of the economic reform package....
Read moreThe Czech breweries closed a good year in 2014
The Czech breweries had a good year last year. Both the Prazdroj in Pilsner and the Budvar in Budejovice reported an increase. The Prazdroj is the Czech Republic's largest brewery...
Read moreThe pollen substitute feed was GMO-contaminated
The beekeeper association was able to warn the honey producers that a GMO-contaminated feed was marketed in Hungary. The Hungarian bees have not met yet with the pollen substitute bee...
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An international research team found the genetic basis of obesity
An international team of scientists revealed more than 90 new gene areas, which may explain why some people are more prone to obesity. Researchers examined the gene pool of more...
Read moreTrends in paper packaging / We have entered the age of reduction
The overall economic situation always has strong influence on the most important packaging material segment. Thanks to the recently commenced GDP growth in Hungary and the positive international economic climate,...
Read morePackaging weight is shrinking, but the industry isn’t
Miklós Nagy, general secretary of the Hungarian Association of Packaging and Materials Handling (CSAOSZ) told our magazine that in 2013 the Hungarian packaging industry realised a turnover of HUF 477...
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Many people use the opportunities of the loan program
The total loan portfolio of the national economy, compared to the previous quarter continued to increase. The stock value in the third quarter of 2014 increased to 6,705.3 billion HU,...
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EP: the origin of the meat must also be indicated on the packaging
The European Parliament has adopted a resolution calling on the Commission to introduce mandatory labeling of the origin of all meats used in ready-prepared meals. The 2013 horsemeat scandal, which...
Read morePwC: the world economy may grow by an annual 3 percent between 2014 and 2050
he projections came in the consultancy’s latest “World in 2050” report, which provides growth forecasts for 32 of the world’s largest economies, accounting for around 84 percent of global gross...
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The oranges tested by the Nébih meet the quality standards
The National Food Chain Safety Office (Nébih) tested 10 kinds and varieties of oranges with different origins. All of them fully met the quality standards – the Nébih told MTI...
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The Hungarian-Turkish trade in goods increase to its fivefold
The bilateral trade of goods since 2002 increased to fivefold between Hungary and Turkey: there are great opportunities in the economic cooperation between the to countries in tourism and in...
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