Events
American farmers priced new corn low
March corn prices were moving upward, until the end of the month. However, new information came to light that may keep prices low or even lower in the next 12-months....
Read moreNFH: alcohol or cigarettes were sold to juvenile in 37 percent of the test purchases
During the test purchases of the National Consumer Protection Authority (NFH) the violation of law was observed in 37 percent of the test purchases, in 392 cases out of 1046...
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Few really innovative products
GfK Hungária’s latest newsletter has revealed that only 20 percent of new products are real innovations (new brands or sub-brands). All other new products are so-called renovations – versions of...
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Lower VAT rate for egg is demanded
According to the Hungarian Egg Association, the Electronic Public Road Trade Control System (EKÁER) is efficient in catching some of the illegal egg transports, but in order to ‘whiten’ the...
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The end! Shops are opening on Sunday again!
Hungary’s National Commerce Association (OKSZ) believes the government’s proposal to abolish the Sunday closings legislation, which restricts retailers from opening on Sunday, is a rational one, György Vámos, chief secretary...
Read moreThe supermarket chains examine the proposal on the withdrawal of the Sunday store closure
The supermarket chains are examining the proposal on the withdrawal of the Sunday store closure – they told MTI. If the Parliament votes the change, the Hervis can open its...
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The number of domestic food stores fell by 5 percent in one year
A total of 16 869 general food stores were operating in Hungary at the beginning of this year; 5 percent less than a year before. 860 stores have disappeared from...
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The member companies of the OKSZ would help to improve the situation of the Hungarian dairy sector
The member companies of the National Retail Federation (OKSZ) are committed to improve the difficult market situation of the Hungarian dairy farmers; if possible, VAT should be reduced from July...
Read moreVámos György: the government made a rational decision
The government made a rational decision, realizing that most of the buyers do not agree with the Sunday rest day after a year – Vámos György, General Secretary of the...
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The effects of climate change could be reduced by decreasing food waste
Reducing food waste around the world would help curb emissions of planet-warming gases, lessening some of the impacts of climate change such as more extreme weather and rising seas, scientists...
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Hungarian foie gras exports to Thailand can be increased significantly
The Hungarian foie gras export to Thailand is expected to be increased significantly this year – Budai Gyula, Ministerial Commissioner of the Ministry of Foreign Affairs and Foreign Trade (KKM)...
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A slight increase in the eurozone’s economic growth in March
The eurozone's economic growth was “subdued” in the first quarter of 2016, and is struggling to find a “significant gain in momentum”, according to the latest PMI data released by...
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Magazine: The wonderful world of natural products
There are more and more conscious buyers who select which cosmetics to purchase very carefully. These people really like natural products and care less about prices than others. Virgin Oil...
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Fazekas: the dairy sector strategy contains the reduction of VAT on milk as well
The dairy sector strategy, prepared by the Ministry of Agriculture (FM) contains the reduction of VAT on milk as well. The document is scheduled to be discussed in April by...
Read moreV4 Chamber of Agriculture: milk producers and pig-breeders will have a difficult year
The milk producers and pig-breeders will have a difficult year – the representatives of the Agricultural Chamber of the Visegrád Group (V4) said in Czajowice, Poland held on 7-8 April...
Read moreThe Hungarian e-commerce market increased to tenfold in the past ten years
The Hungarian e-commerce market increased to tenfold in ten years, over 300 billion HUF last year – the Association of Electronic Trade Public Association (SzEK.org) reveals in its estimate based...
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KSH: foreign trade turnover picked up in February
The euro-denominated value of exports rose 8.0 percent in February after a 0.9 percent rise in January. Imports also picked up, exceeding 7.4 percent from a year earlier after a...
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The amount of grants to fisheries management has increased
Compared to the 13.7 billion HUF of the last seven-year’s EU budget period, in the current period Hungary can spend more than 16 billion HUF for fisheries management proposals. Viski...
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FM: Hungary is committed to reduce food losses
Hungary is particularly committed in the reduction of food losses – Nagy István, Parliamentary Minister of State of the Ministry of Agriculture (FM) said at the Organization for Economic Cooperation...
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Improved mood for SMEs
The K&H SME confidence index showing the expectations of the companies increased by 4 points to -7 points. The SMEs are expecting a positive change in relation to their financial...
Read moreRetail sales increased by 8.5 percent in the Czech Republic in February
In February, retail sales in the Czech Republic on an annual basis increased by 8.5 percent – the Czech Statistical Office (CSU) announced on Thursday in Prague. The January sales...
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Vegetables drive production prices in agriculture
In January 2016 agricultural production prices increased by 4.8 percent from the level of January 2015. This rise was driven by the price of vegetable products increasing 10.5 percent. Livestock/products...
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Ready Pay for people on the go
ReadyPay is the name of Vodafone’s new mobile bank card payment service. Users have to pay a monthly fee but a transaction fee of 1.25 percent only applies after the...
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Transparent trucks
Samsung Safety Trucks are easy to overtake: two cameras are attached to the front of the truck which film the oncoming traffic and send the image to the four Samsung...
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Magazin: PreGa 2016 – bionics is knocking at the door
The latest technological trends in agriculture, from Hungary and abroad, were presented at the 2nd PREGA Conference and Exhibition. Nearly 300 companies and more than 500 individuals were present at...
Read moreMDKE: the new system of tobacco trade is well established
According to the Hungarian Association of Tobacco Retailers (MDKE), the new system of tobacco trade is well established, but there is still a need for adequate vocational training for skilled...
Read moreThe Curia certified MSZP question on the Sunday rest day
The Curia changed the decision of the National Electoral Commission and certified the referendum question submitted by Nyakó István MSZP politician in relation to the store closure on Sunday signatures...
Read moreThe EU could pay simpler
Hungary urges a reduction in the administration of the EU’s greening agricultural subsidies as well as the simplification of environmental regulations – the agrarszektor.hu wrote. Hungary would easen the excessively...
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Nébih: 45 million HUF fine in the spring inspections
Several hygienic but less quality problems were found by the specialists of the National Food Chain Safety Office (Nébih) during the spring seasonal checks than in previous years. According to...
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KKM: the Alföldi Tej Kft. concluded a milk supply contract with a company in Nigeria
The Hungarian Alföldi Tej Kft. and the Lagos-based Greenlands Agribusiness Consult Limited concluded a milk supply contract – the foreign economy ministry told MTI on Thursday. According to the communication,...
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