Market News
OKSZ: the tightening of rules would cause significant increase in costs
According to the National Retail Federation (OKSZ), if the proposals on Sunday working would be realized, that would cause significant increase in costs. The National Retail Federation (OKSZ) told that...
Read moreFM: 40 billion HUF support for wine investments
The government decided about the opening of a 40 billion HUF wine investment support frame within the rural development program for wine investments. Gál Péter, Deputy Minister of State of...
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The delivery of Hungarian beef to Hong Kong can begin
The delivery of Hungarian beef to Hong Kong can begin, after the Ministry of Agriculture (FM) has successfully agreed with the Hong Kong Food Inspection Authority – the ministry said...
Read moreThis year hail caused less damages than last year in agriculture
The number of hail-stricken farmlands and claims also fell slightly compared to last year, but compensation claims due to the hail were still announced for 44 703 hectares. This year,...
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Hungarian cattle are allowed to enter Turkey again
Hungary can export live cattle to Turkey again. What is more, the conditions for transporting live cattle through Austria to Italy will also improve. More products of animal origin will...
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YuMi, the cooperating robot
Zoltán Paplógó, the director of ABB’s robotics business line told Trade magazin that in Hungary it is the automotive industry that shapes the development of robotics. The director is of...
Read moreFM: consumers are getting more conscious
The customers have become more conscious, paying more attention to where and what kind of service and food they buy – Zsigó Róbert, Minister of State of the Ministry of...
Read moreNGM: moderate inflation in Hungary
A moderate inflation environment can be found in Hungary for two and a half years. This helps in the conservation of wages and pensions values – the Deputy Minister of...
Read moreSunday store closure will not be restored
The fact that the regulation of retail work will be submitted during the autumn parliamentary session period, does not mean that the Sunday store closure will be restored – Fidesz...
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Beer nuts reloaded
We can not speak about summer, gastronomic revolution without beer nuts. Vásárhelyi István gastronomer believes that beer nuts do not need to be greasy or difficult to prepare. The Association...
Read moreOpten: company establish mood reduced in July
In July, 1844 a new companies were established in Hungary, which is 13 percent less, compared to the same period of the previous year. Compared to June it represents a...
Read moreHNT: the vineyard farmers shall deliver the crop estimate by the end of August
The damage assessment of July’s hail has not yet completed at several wine regions, so the vineyard farmers shall deliver the crop estimate by 25 August, which will give a...
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The VAT regulation on vouchers will change positively
The Council of the European Union brings the VAT regulation of single vouchers and voucher systems under control. Because of the impending changes, for the sellers it is worth to...
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Where a dozen eggs cost 42 thousand forints
Such high inflation as in Venezuela cannot be found in the world and the situation is getting worse – origo.hu wrote. Due to the depreciation of the exchange rates prices...
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Another two billion forints for the academy’s new agricultural innovation centre
The government gives another HUF 2 billion for building the new agricultural innovation centre in Martonvásár. With the new building of the Agricultural Research Centre of the Hungarian Academy of...
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Romanian groceries in Romanian shops
The Romanian parliament’s lower house gave the green light to the proposal that in supermarkets and hypermarkets 51 percent of grocery products must be Romanian-made. According to the Romanian competition...
Read more16 million HUF fines in the summer food chain checks
Nearly 16 million HUF fines were imposed during the summer food chain controls in July, by the National Food Chain Safety Office’s (NÉBIH) staff – the Minister of State of...
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Experts: medium or poor apple crop is expected
After last year's 520 thousand tons of apple crop- mainly due to frost damages – medium or poor apple crop is expected – according to the survey of the North-East...
Read moreUncertainty in wine production
We do not know the amount of this year’s harvest, but so far it seems that the results of this year's vintage will be very diverse – Légli Ottó told...
Read moreThe peak office to be terminated
For the reorganization of the Agricultural and Rural Development Agency (MVH) the enire staff of 1,800 people is needed – Gyuricza Csaba, president of MVH told agrárszektor.hu. According to the...
Read moreThe pálinka brand name may be used in Transylvania as well
The members of the Pálinka Knights of Transylvania hope that after discussions with the officials of the Ministry of Agriculture, they can use the pálinka brand name in Transylvania soon...
Read moreAugust 8 is the new day of Earth overshoot
Earth Overshoot Day means the amount of nature we use from January 1 till August 8 is as much as the Earth can renew in the entire year. So it's...
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The Brits admit fewer calories than they actually consume
According to the report of the Behavioural Insights Team (BIT) people eat 3,000 calories in comparison to the 2,000 cited in official surveys – BBC reported on Monday. Director of...
Read moreNÉBIH: Farmers have to use protection against the US grape cicada in time
The golden jaundice disease carried by the US grape cicada may destroy even the entire grape plantation. The insect is difficult to be identified at first because it is similar...
Read moreFive million HUF worth cigarettes were seized in Heves county
In a value of five million HUF four thousand boxes of cigarettes without Hungarian tax stamps and thirteen kilograms cut tobacco were seized by the National Tax and Customs Office...
Read moreMasterCard is launching a new competition: Businessperson of the year 2016
Sorry, this entry is only available in HU....
Read moreA slight decrease occured in global food prices in July
Food and Agriculture Organization of the United Nations announced (FAO), on Thursday, said food prices have seen a slight decrease in July, noting that the decline was the result of...
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Arbitration Board: Customers are more and more conscious
The consumers are becoming more conscious, more and more people know and live their rights, while the businesses are more cooperative, compared to the previous years – Baranovszky György, president...
Read moreAnalysts: the trade surplus exceeded the expectations
The growth of trade surplus far exceeded the expectations of macroeconomic analysts interviewed by MTI. According to the latest reports of the Central Statistical Office (KSH), the value of exports...
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Latest forecast: economic recovery continues in 2016, but in 2017 GDP growth rate may decline in the EU
The BUSINESSEUROPE predicts that in 2016 at EU level a 2.0 percent GDP growth is expected, but the competitiveness of the continent may decrease in 2017. According to the latest...
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