News and articles

Seed Alliance: the area of spring barley and oats continues to decrease

In the case of spring barley, a net price of 100 thousand HUF per tonne and in case of oat a 105 thousand HUF per tonne price was published by...

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The creation of the tracking system for tobacco products could cost four billion

The ND National Tobacco Trade Nonprofit Zrt. launched a public procurement procedure for the development of a monitoring system for tobacco products, with an estimated value of 4 billion HUF....

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In the past seven years, retail sales in the euro area fell the most in December

In December, retail sales in the euro area have fallen with the largest extent in the euro area of the past seven and a half years, according to a statement...

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Romanian retail sales grew by 5.4 percent last year

Last year, the volume of Romanian retail sales increased by 5.4 percent, compared to the previous year – the Romanian National Statistical Institute announced on Tuesday. According to the seasonally...

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American agriculture suffers from Arctic cold

The Arctic inflow of icy air has forced slaughterhouses and grain processors in the United States to temporarily shut down. The temperature in the Midwest region has fallen to such...

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The spread of credit card payments increase the revenue of hospitality

The credit card payments at restaurants may increase revenue by about 7-8 percent, mainly due to faster and seamless service. In addition, the tip is not influenced by bank card...

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Hungary’s first gastronomy map explored the restaurant habits of the population

The country’s first gastronomy map explored the restaurant going habits of the Hungarian population. According to a representative survey conducted by the Ipsos Research Institute on behalf of the Dining...

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Budapest Airport will spend another 6.5 billion HUF on the development of the existing terminal

The Budapest Liszt Ferenc International Airport is spending another 6.5 billion forints on the development of existing terminal buildings – the Budapest Airport announced Szarvas Gábor, Director of Community Relations,...

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(HU) Csökkenéssel kezdte az évet a GKI konjunktúraindexe

Sorry, this entry is only available in HU....

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Magazine: A pack of chewing gum and a box of marijuana, please!

According to a Bloomberg report, published by Convenience Store News in August, sales in the marijuana segment of FMCG products can reach USD 50 billion by 2026. In the USA...

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(HU) Pizzás csiga az ALDI-tól

Sorry, this entry is only available in HU....

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The new livestock law to come

It is expected that the new Animal Breeding Act will be adopted in the spring, which will enable Hungarian breeding organizations to defend their positions against their multinational competitors in...

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Retail sales increased by six percent in 2018

In December last year, retail trade turnover was 3.7 percent, according to the raw data, while calendar effect adjusted it was 4.1 percent higher than a year before. At the...

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The agricultural output exceeded 2,700 billion HUF

The key issue for the development of Hungarian agriculture is to increase production, which can be achieved by improving competitiveness and efficiency – Nagy István, Minister of Agriculture said on...

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There may be a shortage of domestic seed in case of some arable crops

The Seed Association Interprofessional Organization and Product Council (VSZT) warns of the risk of domestic seed shortages in case of spring barley and oats, due to the declining crop area....

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MNB: corporate lending accelerated in 2018

According to the data of the National Bank of Hungary (MNB), corporate loan demand picked up last year. At the end of December, the debt of non-financial corporations against domestic...

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The government will spend 150 billion HUF on the Hungarian Village Program this year

This year, more and more central budget resources will be spent on settlement development in Hungary, of which 150 billion HUF will be spent on the Hungarian Village program –...

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Support is also needed in the most difficult moments of the smallest babies and their families

The multifunctional room of the premature center in Debrecen can be used for early parenting preparation and can be converted into a grace room if necessary. In Hungary, every 10th...

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Lidl sells FIAT cars online

Lidl has entered the car liesing market, and now German private clients can drive small city cars from the company – hvg.hu wrote. There is nothing else to do with...

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Retail sales in the Czech Republic increased by 4.8 percent last year

Compared to last year, retail sales in the Czech Republic increased by 4.8 percent – the Czech Statistical Office (CSÚ) announced on Tuesday in Prague. A year before, in 2017,...

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Economic sentiment is on a four-year low in the euro area, according to ifo’s survey

The economic sentiment for the first quarter in the euro area fell to a four-year low, according to an analysis by the University of Munich’s Ifo Institute for Economic Research...

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A Hungarian chef also competed for the title of the world’s best foreign chef in Japan

After being the best “Foreign Japanese” chef in September, Kurkó Zsolt competed with the world’s best chefs at the Washoku World Challenge on Saturday in Tokyo. Kurkó Zsolt, the chef...

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Domestic tourism ensured the growth of Romanian tourism last year

Domestic tourism ensured the growth of Romanian tourism last year – Ziarul Financiar economic daily wrote on Monday. According to the data from the Romanian National Statistical Institute, the number...

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Squirrel meat is popular in London

A new gastronomic trend has appeared in London – origo wrote after The Telegraph. Some restaurants are trying to make meals made of squirrel meat, rather than exotic or specialty...

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Magazine: Organic connections

The Hungarian Cosmetics and Household Chemicals Association (KOZMOS) is 25 years old in 2018. On 24-25 October they organised their annual conference in Visegrád. General secretary István Murányi opened the...

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VAT reduction on milk resulted in cheaper milk

As a result of the VAT reduction on milk, fresh milk is now 4-5 percent cheaper than before. The VAT reduction of the UHT and ESL milk in January this...

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Raiffeisen expects 3.4 percent growth this year

This year, the economy may grow by 3.4 percent in Hungary, but in 2020-2021, the economy is expected to grow by only 2-3 percent – RaIffeisen Bank told MTI in...

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Producers have to adapt to the new challenges of fish farming

The new challenges for fish farming have to be adapted by the European Union and Hungary, and besides the economic benefits, the development of fish farming in Hungary would result...

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Imports increased

In November last year, the value of exports calculated in euro increased by 4.5 percent, while the value of imports calculated in euro increased by 7.3 percent – according to...

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Lédó Ferenc was elected as the agricultural professional of the year

The jury awarded the agricultural professional of the year 2018 title to Lédó Ferenc, chairman of the FruitVeb Vegetable-Fruit Interprofessional Organization – Privátbankár.hu wrote. According to the announcement of the...

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