Events

Consumption arising from wage growth will boost the economy

Analysts interviewed by MTI expect a 5.4 to 6 percent gross wage growth for 2016. The analysts believe that consumption may be the main engine of economic growth in the...

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The termination of the ministerial background institutions may cause confusion

The government risks the flowing payment of the EU agricultural funds with the termination of ministerial background institutions and the termination of the Agriculture and Rural Development Office – mno.hu...

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Business sentiment improved significantly in the euro zone

Business sentiment improved much stronger-than-expected in Germany and in the eurozone in June – according to the Mannheim-based ZEW (Zentrum für Europäische Wirtschaftsforschung) Economic Research Institute. The ZEW said on...

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White mold can cause heavy losses

This year's rainy and relatively warm summer creates very favorable conditions for Sclerotinia sclerotiorum, the so called white mold infectio that causing serious losses to the sunflower and canola growers...

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Pécs power plant buys agricultural by-products

Pannonpower, a member of the Veolia Energy Hungary group, plans to purchase 200,000 tons of agricultural by-product for its Pécs biomass power plant this year. Farmers in the region can...

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New perspectives in the sheep and goat sector

According to György Czerván, secretary of state at the Ministry of Agriculture, the sheep and goat segment could play a more important role in Hungary’s agri-food sector than it does...

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Alföldi Tej exports to Lagos

Hungarian dairy company Alföldi Tej Kft. signed a milk export agreement with Lagos-seated firm Greenlands Agribusiness Consult Limited. In Q1 2016 the Hungarian company exports 21,000 litres of 2.8-percent fat...

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Magazine: NAK wants joint market protection

In 2015 the Hungarian food industry’s performance improved by approximately 5 percent. However, this growth is mainly the result of the 10-percent export expansion, while due to the many cheap...

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Századvég: economy may expand by 2.1 percent this year and 3.2 percent next year

According to the forecast of the Századvég Gazdaságkutató Zrt., the Hungarian economy in 2016 will expand by 2.1, while in 2017 by 3.2 percent. Expansion this year may grow mostly...

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Milk imports increased

In Hungary, the national average production price of raw milk was 68.15 HUF / kilogramme in May 2016. Due to the 0.07 percentage point deterioration of the fat content, and...

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The harvest started in the country's southern counties

The harvest started in the country's southern counties. The early maturing winter barley is already harvested in the sandy areas – the president of the National Association of Grain Producers...

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FM: the widening of the Hungarian-Russian agricultural cooperation to contiue

The widening of the Hungarian-Russian agricultural cooperation will continue – the Ministry of Agriculture told MTI on Monday. According to the information, Nagy István, Parliamentary Minister State of the Ministry...

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Beer market: 2015 was a good year

The Association of Hungarian Brewers reported that 6.5 million hectolitres of beer was sold in 2015 by the four leading beer companies, Borsodi Brewery Kft., Dreher Breweries Zrt., Heineken Hungária...

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More than half a ton of unverified gyros meat was found in Barcs

About six hundred kilograms unverified gyros meat was found by the finance guards of the National Tax and Customs Office (NAV) in a Slovenian a refrigerator van in Barcs –...

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A growing number of farmers are producing quinoa

The crop called quinoa used in healthy nutrition, can be the newest profit-making crop of the American farmers – agrerszektor.hu wrote. Some farmers, however, consider the crop as the “Inca...

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Slovak livestock is in trouble

The production value of agriculture in Slovakia decreased steadily by a total of 12 percent over the last 20 years – Slovenské Noviny news portal wrote, referring to Milan Semancsik...

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2015 was the year of wine

At world level 2.2 percent more wine was produced in 2015 than in 2014: 274.4 million hectolitres were made, according to data from the International Organisation of Vine and Wine....

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Three million forints raised by playing football to save premature babies

On 8 May dm organised their 2nd charity football tournament with the participation of 12 teams. Teams had to pay for playing and this way they collected HUF 3 million...

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Quality-wise a new era is about to start in wine making

Minister of Agriculture Sándor Fazekas has told that the Hungarian wine making sector is about to make great progress in terms production quality. The first signs of improvement were already...

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SuperShop loyalty programme rewarded with international award

SuperShop, the joint loyalty programme of SPAR and OMV, won the Global Award for Brand Excellence – Best Loyalty Program Award. Those companies can win the prestigious prize which offer...

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Nearly five million tonnes of wheat is expected

Based on preliminary estimates good results can be expected this year: from winter wheat 5 tonnes per hectare yield is expected – the Minister of State of the Ministry of...

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Two hundred thousand more children in need can get free lunches during the summer

Up to 208 thousand children can get lunch on weekdays during the summer holiday after the government made it mandatory for local authorities – the Minister of State of the...

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The 2016 Quality Innovation contest was announced

The European Organization for Quality’s (EOQ) Hungarian National Committee Association announced the 2016 international Quality Innovation competition in recognition of quality products and services and customer-oriented quality development – the...

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Philadelphia imposes a tax on soft drinks

Philadelphia became the first large American city to impose a tax on soft drinks in what could be a tipping point in the long-running war between health advocates and the...

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Difficult year for livestock farmers

Livestock farmers are ahead of a difficult year – the representatives of the chambers of agriculture from the Visegrád Four (V4) countries concluded at their meeting in Czajowice (Poland). These...

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Popular Hungarian strawberry

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that on the 17th week of 2016 fewer types of Hungarian-grown apples were available...

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Hailstorm damage compensation: new deadline

The Ministry of Agriculture originally set the 31 March 2016 deadline for applying for compensation in the Agricultural Széchenyi Card scheme. However, the ministry has given a new deadline, 30...

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A comprehensive dairy sector strategy may help

In the European-level milk crisis government help alone isn’t enough: market players need to cooperate in the medium and long term if they want to solve the problems – participants...

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Agriculture’s performance can be improved by one third

With the maximum utilisation of European Union and government subsidies, agriculture’s performance can be improved by 30 percent. Last year the value of the sector’s output reached HUF 2,400 billion...

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The stores during the European Football Championship can expect increasing traffic

The stores during the European Football Championship can expect increasing traffic, not only from fan products, but also from beer and snacks considerably more are bought this time compared to...

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