Events

The EU Member States should be free to decide about the cultivation of GMOs

Hungary is interested in an agreement, in which the EU Member States to be free to decide about the cultivation of GMOs. Hölvényi György, KDNP’s MEP told on Monday in...

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Time travel in Auchan stores

Between 5 September and 6 November 2014 Auchan comes out with a new, educative sticker collecting album, titled ‘Arnold and Oscar travel in time’. The two main heroes of the...

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KSH: the decline in agricultural producer prices is slowing

Agricultural producer prices in August were 3.3 percent lower than a year earlier, due to the 4.9 percent decline in the price of plant products, and the 0.8 percent decrease...

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GfK: restructuring on the market of illegal cigarettes

The ratio of the Hungarian cigarette black market now exceeds 12 percent, the most striking change is the increase of the sales of legally cigarettes manufactured abroad and marketed by...

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Budapest Bank: the last quarter can bring further growth in the Loan Growth Programme

One in six small and medium-sized enterprises is considering to use the loan in the scope of the Loan Growth Programme (NHP) of the Central Bank in the last quarter...

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Credit card payments: We are far from the Swedish

In Sweden four out of five purchase transactions are carried out with bank cards or via other electronically transaction – the portfolio.hu wrote after the Business Insider. According to recently...

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Fish harvest celebration in Hortobágy

The autumn fish harvest has started in the Hortobágy Fish Farm, the harvesting feast’s opening celebration was held on Saturday near fish pond of Elep. MTI Photo: Czeglédi Zsolt The...

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The riesling will be the wine of the Lake Balaton

The wine of the Lake Balaton is prepared as the first example of a new Balaton-based product category from 2015. The Balatoni Kör, the announcer of the initiative published the...

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Wineries in Villány won gold medals at the world's largest international wine competition

The Cabernet Franc MANDOLÁS Cabernet Franc wine selection of the Villány-based Vylyan Winery was selected as the best red wine at the Mundus Vini International Wine Competition. The Cabernet Franc...

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Volume sales of household chemicals and cosmetics are rising again this year

Sales of household chemicals and cosmetics amounted to HUF 158 billion in the first six months of 2014. Value sales were 6 percent higher than a year earlier and volume...

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Moderate growth in industrial production prices

In June 2014 domestic industrial production prices increased by 0.8 percent on average from the level of the previous month. Domestic industrial sales prices rose 0.3 percent on average –...

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Another year passed…for Trafikvilág too

National Tobacco Shops operate in compliance with strict regulations. All in all, experience is that in addition to entrepreneurs’ skills and business strategy, the profitability of these units first and...

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For excellent Hungarian wines

The main task of Hungary’s National Wine Excellence Programme (NBP) is to find excellent wines and use them for the benefit of the country. Dr Eliza Kiss, deputy state secretary...

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Syngenta optimistic about sweet corn yield

According to Syngenta Kft., lots of rain in the summer and early autumn was beneficial to the development of sweet corn. Hungary is a sweet corn superpower as Europe’s biggest...

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South Békés melon plans go up in smoke

The year was worse than expected for melon producers in South Békés: heavy rains at the end of summer ended the season earlier than usual. This year 40 tons of...

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Sour cherry growers saved

The state decided to give non-refundable subsidy to sour cherry growers for the processing of excess sour cherry and for temporarily holding back sour cherry from the market. HUF 800...

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Preliminary evaluation of the year in agriculture

NAK opines that the rainy summer was good for corn. The chamber called attention to the fact that sunflower is in good condition all over the country but too much...

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Already more than four thousand opinions on land sales

As of 1 May 2014 temporarily NAK’s county presidencies are acting as land committees. Since then they gave their opinion on more than 4,000 sales contracts. In certain counties such...

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NAK supports cutting milk’s VAT

At their last meeting NAK and the Dairy Interprofessional Organisation and Product Council proposed the reduction of VAT on milk from the present 27 percent to below 10 percent. The...

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Increasing prestige of agricultural higher education

Balázs Győrffy, the president of the Hungarian Chamber of Agriculture (NAK) told at a Budapest trade meeting that in the future agricultural higher education would be better adapted to the...

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AKG to restart in two years time

Officials announced at an agricultural forum organised by the Prime Minister’s Office in Bátaszék that HUF 450 billion would be available for investments and HUF 188 billion for environmental protection...

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‘Shopping needs to be fun’

Grocery retail in Austria is much more concentrated than in Hungary: in Hungary there are 18,700 grocery stores for 10 million people, while in Austria 5,600 stores serve 8.5 million...

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MNKH and VOSZ KMRSZ sign agreement

The Hungarian National Trading House Zrt. (MNKH) and the National Association of Entrepreneurs and Employers’ (VOSZ KMRSZ) Central Hungary Section signed a cooperation agreement. Supporting Hungarian SMEs in uncovering new...

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Green light given to Hungarian meat in the New World

According to the Ministry of Agriculture, after on-site inspections carried out by the USDA Food Safety and Inspection Service in Hungary, more Hungarian meat products have been given the green...

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Hungary-Macedonia business relations improve further

On 2 September the Hungarian National Trading House Zrt. (MNKH). organised a business forum where participants had the chance to conduct negotiations with members of Macedonia’s government. Macedonia is one...

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Brazil is our main market in Latin America

So far the Americas haven’t been important markets for Hungarian produce. About 83-84 percent of our agri-food export goes to the European Union. However, it is our basic interest to...

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FMCG commercials reached more viewers in the first six months

According to data from Nielsen Audience Measurement Kft., in the first half of 2014 commercials for groceries, household chemicals and cosmetics had a 2 percent higher Gross Rating Point (GRP)...

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What makes a breakthrough innovation?

Nielsen’s ‘Breakthrough Innovations’ report analysed retail sales of 61,000 SKUs of 12,000 new products launched in Europe since 2011. One of the things Nielsen’s experts found was that from two...

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Retail volume sales kept growing in July

Retail volume sales are estimated to have increased by 2.3 percent in July 2014 in comparison with July 2013. Food and food-type retail sales were up 1.6 percent, non-food sales...

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Industrial production prices continued growing

In July 2014 domestic industrial sales prices rose 0.2 percent on average from the previous month. Prices in the processing industries augmented by 0.7 percent. There was no change in...

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