Market News

More than 4,800 hectares of tobacco to be planted this year

The tobacco farmers will plant more than 4,800 hectares of tobacco this year, just like the last year – the president of the Hungarian Tobacco Growers' Association (MADOSZ) told MTI....

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The future of agriculture

Plants grown under laboratory conditions, mushrooms growing in sawdust, endless greenhouses: the future will look like this for agriculture – hvg.hu.wrote after Business Insider. Plants grown under laboratory conditions, mushrooms...

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Trade between China and Africa brakes records

The trade volume between China and Africa in 2013 was 210.2 billion USD, which represents an increase of 5.9 percent, year on year – the Chinese Chamber of International Trade...

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GKI-Erste economic sentiment index continued to rise in April

In April the GKI-Erste economic sentiment index adjusted for seasonal effects continued its spectacular rise started one and a half years ago. According to the empirical survey conducted by GKI...

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Science for the benefit of plants

TERRAGRO Trade Kft. announced at a press conference that soil-specific bacteria products would be available from this spring: BIOFIL products serve the needs of plant growers, improve soil quality and...

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Hair category trends

Since hair styling and dying can be a burden on hair, there is a growing need to take care of hair better. When shaping a product selection in the category,...

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NGM: the real wage growth helps the revival of consumption

The real earnings increased by 6.8 percent in February, by excluding the effect of public employment. The strong real wage growth, started in 2013 continues – the Ministry of National...

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The food supply chain surveillance fee must be paid until 31 May

Deadline for return of the food supply chain surveillance fee is 31 May 2014 – the National Food Chain Safety Office (Nébih) informed MTI on Tuesday. This is an obligation...

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A producer store was opened in Szeged

The recently opened Vitamin Szalon in Szeged obtains fresh fruits, vegetables and handmade products directly from the producers of the region; in the store about two hundred types of products...

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Polish apples are looking for new markets

The Polish apple growers have reduced the weight of the Russian export market in China and in the United Arab Emirates. Miroslaw Maliszewski, president of the Association of the Polish...

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Seven types of flavored alcoholic powders were authorized in America

New brand of alcoholic powders was authorized in the United States. The alcoholic powders that can be mixed into drinks or sprinkled on foods will be available in the fall....

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Six hundred million HUF to support the sugar beet growers

The sugar beet producers can claim a small amount – de minimis – support. The claims for the non-refundable grant applications must be submitted by mail until 31 May 2014...

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Great Easter research from Nosalty

The NoSalty – Hungary's most popular recipe page – asked its readers this year how they are preparing for the Easter holidays. The survey lasted for a week with nearly...

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Assistance in certifying land usage

Recently the presidents of NAK and MAGOSZ have participated in talks with the Ministry of Regional Development and the Ministry of Agriculture to clarify the legal background for certifying land...

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The first high-quality pork trade marks were handed over

Four domestic pig and meat processing companies have received the first high-quality pork trade marks. The trademarks were handed over on Thursday in Derecske by Németh Antal, the president of...

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Traders fear from the losing of the support in Csongrád county

It is uncertain whether the online cash registers to arrive to majority of the traders until 30 April – according to the Csongrad County Association of Traders and Caterers (KISOSZ)....

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Tokaji and foie gras await the passengers at Ferihegy

The Tokaji and the foie gras are the top products of the Easter season at the Liszt Ferenc International Airport. Following the cooperation of the Budapest Airport, the Heinemann Duty...

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The European Parliament would ban the thin plastic bags

The European Parliament would radically reduce the number of thin plastic bags with its resolution adopted on Wednesday. According to the document, adopted in Strasbourg by the European Parliament, until...

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Finance officers found illegal breweries in Hajdú-Bihar county

During the past one and a half week, finance officers found illegal breweries in three settlements in Hajdú-Bihar county. The finance officers found distiller devices, of which several times higher...

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The world 's best business for 25 USD

The legend of Uncle Jack 's whiskey started more than 140 years ago with. Now anyone can know the secrets personally who visited Lynchburg. During an exciting tour, we can...

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Turkish-Hungarian Business Forum

Hungary’s export to Turkey expanded by 27 percent in 2013 and by the end of the year the turnover between the two countries represented a value of USD 2.5 billion....

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Budapest, a place to invest

According to fDi Magazine’s – member of the Financial Times group – latest ranking, in 2014-2015 Budapest will be the best place to invest in Eastern Europe. In addition to...

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The first quarter increase in the Central European EU economies may be over 3 percent

The annual GDP growth of the Central European EU-economies has reached and probably exceeded the 3 percent in the first quarter – London financial analysts predicted in their prognosis Wednesday....

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GM pollen in honey may remain unnoticed

The European Parliament adopted the proposal on Wednesday, in which the pollen is determined as a natural element of honey and not as a separate component, so it will not...

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Credit card payment can also clear the economy

With the support of card acceptance, the trade could be whitened even more securely, than with the introduction of the online cash registers. To do so, the State would have...

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Fish production in Hungary may increase two to three percent this year

Fish production in Hungary may increase two to three percent this year, which was 23,000 tonnes last year – Lévai Ferenc, president and CEO of the Aranyponty Zrt. (Golden Carp...

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The European Parliament voted to ban non-native, aggressive species

The European Parliament voted the proposal on Wednesday that aims to ban and reduce non native animal and plant species in the European Union. It is is estimated that these...

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VM: 144 million HUF support for the promoters of the Hungarian national values

A total of 113 promoters won 144 million HUF on the tender, that aims to collect, research, promote, preserve and maintain the Hungarian national values and Hungaricums – the Rural...

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45 thousand packs of smuggled cigarettes were seized in Beregsurány

The finance officers seized thirty-six million HUF worth smuggled cigarettes in Beregsurány, Szabolcs-Szatmár-Bereg county – the Press Secretary of the Northern Plains Regional Directorate of the National Tax and Customs...

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Well-known faces in the new campaign of UNICEF

The talented team of Café Next has won the trust of the representatives of the Hungarian Committee of UNICEF with their colorful personalities and fresh, imaginative concept as well as...

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