Events
KSH: the retail sales in January increased more than it was predicted in the preliminary estimates
In its second estimate, the Central Statistical Office (KSH) improved the growth rate of the retail sales in January from the forecasted 7.7 percent to 8.2 percent. The Central Statistical...
Read moreThe Nébih has checked 1,500 tons of food since the start of ekáer
The experts of the government agencies and the National Food Chain Safety Office (Nébih) carried out the controls of 1,500 tons of food products at more than 100 consignments, since...
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The Hungarian Dairy Industrial Association signed an agreement with the Dairy Interprofessional Organization and Marketing Board
The Dairy Interprofessional Organization and Marketing Board and the Hungarian Dairy Industrial Association have signed a cooperation agreement on 20 March 2015. Under the agreement, the Hungarian Dairy Industrial Association...
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Fish shopping smart guide: pay attention while purchasing
Fish foods contain essential unsaturated fatty acids, proteins, and vitamins as well. In addition fish is easily digestible, it is not a threat to our lines and delicious. However, in...
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British Trade Center: deals were made in a value of more than two hundred thousand pounds
Hungarian and British companies carried out deals in a value of more than two hundred thousand pounds (£ 1 = HUF 406.64) in the past one year with the contribution...
Read moreTrans fatty acid use limited
From the middle of February no food product with trans fatty acid content higher than the limit is allowed to be sold. This refers to oils, fats and fat emulsion...
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Three SMEs won the ‘Exporter of 2014’ prize
Three SMEs won the ‘Exporter of 2014’ prize of the Hungarian National Trading House Zrt. (MNKH): pump technology firm Elpumps Kft., sweets manufacturer Stühmer Kft. and wool trader Hungarowool Kft....
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Hungarian firms passed the Russian exam
At a recent examination all Hungarian firms met the Russian food safety requirements, so when the ban is lifted we can start exporting to the Russian market straight away. Moscow...
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Hungarian white acacia left off the list of alien invasive species
Hungarian white acacia tree (one of the so-called Hungaricums) will most probably be left off the list of alien invasive species, compiled by the European Union – informed the Ministry...
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Men are more loyal to their favourite deodorant
As the temperature keeps rising, unpleasant body odour and sweating are becoming a problem to many. Viktória Tantics, brand activation manager with Beiersdorf Kft. told our magazine that the company’s...
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The sales of higher than average quality ham expanded last year
The retail sales of ham and smoked meat products reached revenues of approximately 7 billion HUF in the two months of the Easter period in 2014. That's 15 percent more...
Read moreGfK: a further boost in willingness to buy
The GfK Consumer Confidence Index remained virtually unchanged in March 2015, compared to the end of last year. The GfK Consumer Confidence Index is standing on 164.8 points in March...
Read moreThe NGM investigates the possible effects of the VAT reduction
The Ministry of National Economy (NGM) is examining the financial and real economic impact of the reduction of the value added tax (VAT), but the primary goal is to make...
Read moreVarga: the Hungarian economy remains on the current growth trajectory
The Hungarian economy will stay at the current growth trajectory in the next 1.5 – 2 years; According to the latest calculations the Hungarian GDP may grow by 2.8 to...
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NGM: the use of online cash registers would be mandatory for money changers
The Ministry of National Economy (NGM) would require that the use of online cash registers would be mandatory for money changers mandatory use of online cash for the money-changers –...
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The rules for product presentations would be tightened further
The Ministry of National Development (NGM) would further tighten the rules on product presentations. Therefore the ministry initated consultation with the partner authorities and civil organizations – was said at...
Read moreContraband cigarettes were seized in an Italian van
The finance guards of the National Tax and Customs Administration (NAV) seized Contraband cigarettes in a value of five million HUF in an Italian van in Zala county – the...
Read moreIntegrated oenology and viticulture sector
Actors in the oenology and viticulture sector need to cooperate in an integrated network, using their knowledge base collectively – Zsolt Feldman, deputy state secretary of the Ministry of Agriculture...
Read moreHungary is a net pig exporter
According to the Agricultural Economics Research Institute’s (AKI) latest report, in the European Union the price of ‘E’-category pig was EUR 1.35/kg in December 2014 – 21 percent less than...
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GMO-free Hungary
Hungary is getting ready to produce GMO-free milk, meat and egg products and the first steps have already been taken in the case of milk – reported the Ministry of...
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Successful safety mark
The National Council of Wine Communities (HNT) made it compulsory for members to put a safety mark on wines that lack geographical indication. This proved to be an excellent idea:...
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Magazine: Two-digit growth in value and volume sales alike
In the two-month Easter period of 2014 ham and smoked meat were sold in the value of HUF 7 billion. This constitutes a 15-percent increase from the category’s performance in...
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The sales of Easter sweets may grow by 3-5 percent this year
The candy manufacturers are optimistic before the Easter season. According to the Association of the Hungarian Confectionery Manufacturers, the sales of Easter sweets can grow by 3-5 percent this year....
Read moreStores should be closed at World Heritage areas on Sundays
The government expands the Sunday store closure to shops situated in World Heritage areas in a bill submitted to the National Assembly on Tuesday. The parliament voted for the introduction...
Read moreSignificant improvements are expected in the wake of the food strategy
Significant improvements can be implemented in the Hungarian food industry by 2020, due to the food industry development strategy. According to the plans, the available funding will be about 300...
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The termination of the quota system will be good for the Hungarian dairy sector
The EU milk quota system will be ceased from 1 April. It is not a thread to the Hungarian dairy sector, but rather an opportunity – agrarszektor.hu wrote. The position...
Read moreGKI: sentiment index remained unchanged in March
The seasonally adjusted value of the GKI-Erste economic index remained unchanged in March 2015. The index still represents a relatively optimistic mood; the business expectations have improved slightly, while the...
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Analysts expect further rate cuts
Market analysts expect further rate cuts after the Monetary Board’s Tuesday decision; lowering the base rate by 15 basis points to 1.95 percent, which is a new new historical low....
Read moreA daily bowl of whole grain can save lives
People who consumed around 34 grams of whole grains per 1000kcal per day lowered their risk of premature death by 17 percent A study by Harvard Public School of Health...
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