Market News
Winter wheat world record with Syngenta
Lincolnshire farmer Tim Lamyman has beaten the world winter wheat yield record by harvesting a whopping 16.5 t/ha from a brand new variety in his first year growing it. Farming...
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The Nébih withdrew rice flour containing gluten
The National Food Chain Safety Office (Nébih) ordered the withdrawal of three rice flour produced by the Szarvasi Agrár Zrt. – the Nébih told MTI on Thursday. The health risk...
Read moreThe freighters request the restoration of the 18 years age limit from the European Commission
The National Freighters’ Industrial Corporation of Private Entrepreneurs (NiT Hungary) turned to the European Commission (EC) and requested the restoration of the 18 years age limit in order to eliminate...
Read moreKnorr XXL – family bases
Between 10 and 23 July 2014, after the success of Knorr Bolognese XXL, Knorr decided to create new XXL products and to launch a new range called Knorr XXL Family...
Read moreMagazine: Groupama Arena – stadium experience with extras
Budapest’s one-year-old hypermodern Groupama Arena is a spectacular building and a venue that offers many experiences. It isn’t only the home pitch of football club FTC and the Hungarian national...
Read moreNébih: almost half of the check of the fish vendors have failed on Nébih’s test
The National Food Chain Safety Office (Nébih) found irregularities at 43 percent of the examined 81 fish vendors and caterers – the Nébih informed MTI on Wednesday. According to the...
Read moreSavings Bank: 3.1 percent GDP growth is expected this year
According to the analysts of the Savings Bank, this year3.1 percent gross domestic product (GDP) growth is expected, while 2.5 percent expansion is expected for the next year – Oszlay...
Read moreOECD: Global economic prospects have deteriorated
Deterioration occured in the global economic outlook in recent months, especially due to China’s and Brazil's economic slowdown – the Organization for Economic Cooperation and Development (OECD) announced its economic...
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Potato Days in Gyenesdiás
At the Potato Days in Gyenesdiás the Keszthely-based Potato Research Centre will showcase its own bred varieties, there will be professional advisory services as well, potato dishes will be cooked...
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EuroZone’s inflation fell in August
Inflation across the eurozone unexpectedly weakened in August, raising hopes among economists that the European Central Bank will eventually expand its already massive bond-buying program to combat the economic risks...
Read moreNébih: bluetongue disease appeared in Somogy county
Bluetongue virus-infected cattle was found in Hajmás, Somogy County after last week's incident in Tolna county – the National Food Chain Safety Office (Nébih) told MTI on Wednesday. According to...
Read moreRussian taxes vs. brewers
Several large breweries asked the Russian government not to increase the tax on beer any further. This step would contribute to a growth in production. For instance Anheuser-Busch InBev also...
Read moreFM: autumn harvest works have begun
The autumn harvest works have begun in Hungary – the Ministry of Agriculture (FM) announced. Czerván György Minister of State of the Ministry of Agriculture responsible for agri management told...
Read moreEquilor: GDP may increase by 3.1 percent this year
According to the experts of the Equilor Befektetési Zrt. (Equilor Investment Ltd.) this year the, gross domestic product (GDP) may expand by 3.1 percent and it may grow with 2.7...
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A vegetable consignment was seized in Borsod-Abaúj-Zemplén County
Two tons of vegetables were seized by the finance guards of the National Tax and Customs Authority (NAV) in Borsod-Abaúj-Zemplén County. The consignment will be destroyed because its origin is...
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Hungary will receive 2.9 billion HUF extra agricultural support from the EU
Outstanding Hungarian agricultural diplomatic success was born at the council meeting of the agricultural ministers in Luxembourg on Tuesday. Hungary will be given 2.9 billion HUF extra agricultural support from...
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The sky is clouded over Europe
The ZEW Indicator of Economic Sentiment for Germany has declined in September 2015. Decreasing by 12.9 points compared to the previous month, the index now stands at a level of...
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Shrinking share for private label products
Dog food sales were worth HUF 14 billion in the December 2014-May 2015 period. Value sales were up 3 percent and volume sales increased 2 percent. In the last six...
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The Kazakh-Hungarian economic relations will be strenghtened with Agricultural technology and tourism developments
The government will continue to support the participation of the Hungarian companies in the Kazakh development and industrialization programs – the Ministry of National Economy (NGM) told MTI, after Varga...
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Volume sales also started to grow this year
In the 2nd quarter of 2015 the consumer confidence index grew 5 points to 88 in the Czech Republic. The index is way above the continent’s 79-point average. As for...
Read moreKSH: agricultural producer prices decreased by 5.6 percent
Agricultural producer prices fell by 5.6 percent in July compared to the same period of the previous year. The price of plant products decreased by 1.9 percent, while the price...
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Agriculture can not be effective without agricultural research
Agriculture can not be effective without agricultural research, therefore the Hungarian state supports the work taking place in the Karcag Research Institute – the Minister of Agriculture said in his...
Read moreInternet of Things: the netizens are getting acquainted with it
Although the Internet of Things (IoT) is one of today's most used expression, many people still do not know exactly what it actually covers. This is also true to the...
Read moreGMO ban: the U.S. will not give up
It seems that the American and Canadian corporations dealing with genetic engineering do not resign themselves into the much more stringent European GMO consumer protection regulations, and would like to...
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A medium-sunflower yield is expected
Half of the sunflowers have been harvested in Békés County. The General Vice President of the National Chamber of Agriculture in Békés County expects a moderate yield. Kozsuch Kornél after...
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Most of the big companies decide on a global level on choosing banks
59 percent of the largest companies decide which bank they prefer on a global level. At 20 percent of them by the parent company appoints the choice of banks, but...
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Fake sports equipments caused 850 million euros losses in the EU last year
The sale of fake sports equipment, such as footballs, sports helmets, tennis rackets, skis, gym equipment and skateboards, costs legitimate EU manufacturers 850 million euros last year. A new study...
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Food prices at a six-year low
According to a FAO survey, at global level the last time the price of food was this low was in September 2009. The biggest drop, 7.2 percent was measured in...
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Five-billion-forint development project by TU-PLAST
Debrecen tube manufacturer TU-PLAST Kft. inaugurated a new, 6,600m² production hall. Thanks to the development 59 new jobs have been created. In 2014 the company had 110 employees and manufactured...
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Three times more resources to support organic farming
Compared to the previous EU budgetary cycle three times more, 60 billion HUF support will be allocated to support organic farming. The support of organic farming can increase employment as...
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