Market News
Alpha-Vet’s 400-million-forint development project
Alpha-Vet Kft. invests HUF 400 million in building a factory where they are going to manufacture a solution that increases plants’ desiccation tolerance and makes them stronger, giving higher yield...
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Sole-Mizo improves curd and whey drink production
Sole-Mizo Zrt. has used European Union funding for modernising its curd and whey drink production. From the HUF 1.8-billion project HUF 845 million was financed by the EU. The company’s...
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Magazine: Useful website for Hungarian enterprises, organisations and institutions
In the 2014-2020 programming period the Hungarian Development Centre (MFK) does information providing and coordinating work related to direct funding opportunities offered by the European Union outside the framework of...
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A unified system for the dairy sector
The Agrár Klub that includes the profession's leading firms aims to develop a method to calculate milk own-costs. By using this method the industry participants will become measurable and comparable,...
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FM: sugar beet growers will receive 2.5 billion HUF from 1 December
The sugar beet growers will receive about 2.5 billion HUF production-linked subsidies in 2015. The payment of the subsidies is expected to start from 1 December. The amount of the...
Read moreThe OECD indicates a slowdown in growth
The August indicator of the Organisation for Economic Co-operation and Development (OECD) indicates a slowdown in the economic growth rate. The CLI (Composite Leading Indicator) that is predicting the differences...
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Eggs should be rehabilitated
Eggs play an important role in the human diet for thousands of years. At the end of the last century, it has been linked to several diseases, such as arteriosclerosis,...
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NGM: the structure of industrial production is getting more and more balanced
The structure of industrial production is getting more and more balanced. In addition to the automotive industry, the pharmaceutical and food industries also helped the foreign trade in August –...
Read moreFM: the administrative burden on grape growers and the mountain judges to be reduced
Due to the regulation amendment of the Ministry of Agriculture (FM), the administrative burden on grape growers and the mountain judges will be reduced from mid-October. The Ministry of Agriculture...
Read moreA Pálinka order was founded in Transylvania
The inaugural meeting of the Transylvanian Pálinka Knight Order will take place in Haller castle in Marosugra, near Marosvásárhely. Domokos István, one of the founders of the Knight Order told...
Read moreSuccessful TAB information forum in Szabadszállás
The Bács-Kiskun County branch of NAK organised an information forum for members of the management of various local agricultural committees (TAB). TAB leaders were informed about changes in the chamber’s...
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Increase in the size of Hungary’s livestock population
According to data from the Central Statistical Office (KSH), Hungary’s pig stock grew by 64,000 to 3.1 million. By 1 June 2015 the size of the cattle population increased by...
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Changes in the system of agricultural higher education
NAK opines that the system of agricultural higher education needs a restructuring, in order to give students more complex and practical knowledge. The chamber has also stressed that it is...
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Magazine: Uncertainty in the financial markets
InthesecondhalfofAugust the world’s leading stock exchanges suffered a 10-20 percent drop. The reason behind this was the Chinese economy’s fear of slowing down, which resultedinthe government imposing measures to avoid...
Read moreProcessed meats rank alongside smoking as cancer causes
Bacon, ham and sausages rank alongside cigarettes as a major cause of cancer, the World Health Organisation has said, placing cured and processed meats in the same category as asbestos,...
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GKI: mobile payments in Hungary
The first solution that helps to manage our finances on mobile phone appeared in Hungary in 2002. Over the past 13 years several mobile payment solutions have appeared, but except...
Read moreAccording to analysts, the negative inflation is temporary
The September inflation data of minus 0.4 percent is lower than the market expectations, but analysts considered the slip into negative territory only temporary and they expect an annual average...
Read moreThe payment of the withheld agricultural subsidies has started
The payment of the withheld agricultural subsidies started on Friday. Czerván György, Minister of State of the Ministry of Agriculture (FM) told MTI, that the 8.4 billion HUF support comes...
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KSH: exports and imports equally increased by 6.2 percent in August
In August the euro-denominated value of exports and imports increased by 6.2 percent compared to the same month of last year. The trade surplus was 459 million euros, 25 million...
Read moreHungarian business service centers plan staff increases
The almost 30 Hungarian service centers (SSC) plan a 9 percent staff increase in the following year, that took part in the survey of the Hungarian Service Industry and Outsourcing...
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The Vértesi Erdő Zrt. inaugurated a forest delicatessen shop and a lookout tower
The shop in Tatabánya is offering the products of the state-owned forestries. The Vértesi Erdő Zrt also handed over the renewed lookout tower in Vértessomló. The third delicatessen store in...
Read moreInvitel makes high-speed Internet available in additional 40 thousand households
By the end of the year, the Invitel makes 100 Mbit bandwidth Internet services available in additional 40 thousand households – the company announced on Wednesday at a press conference....
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Alexandra Béres is Caola’s new ambassador
Fitness world champion and mother of two Alexandra Béres is the new face of Caola cosmetics. She told that it is very important to her and her children to use...
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Expanding TCC
Customer loyalty programme specialist TCC has acquired Denmark-based mobile marketing firm Gametation. Gametation develops game software campaigns designed for mobile devices that can help companies get new customers and increase...
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Magazine: Wiener: they are buying it!
Wiener and frankfurter sales are growing but the main driver of this growth are private label products. According to Zoltán Szántó, senior product manager of Pick Szeged Zrt. the volume...
Read moreAmazon enters the Italian FMCG market
Amazon started selling FMCG products in Italy: in the online shop customers can choose from nearly 20,000 products, including brands such as Barilla, Valfrutta, Knorr, Rio Mare, San Benedetto, Mulino...
Read moreFAO: global food prices are low
Agricultural commodities are going through a period of lower and less volatile prices, according to the FAO Food Outlook released today. After several dramatic upward price spikes from 2007 through...
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The retail sales of household chemical goods and cosmetics increased by six percent
The revenues of the stores from household chemicals and cosmetics grew by 6 percent this year to about 230 billion HUF from January to August. In volume, a 1 percent...
Read moreFood prices increased despite declining inflation
The average level of consumer prices was 0.4 percent lower in September 2015, than a year before, while compared with August, prices decreased by 0.6 percent – the Central Statistics...
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