Company and Personal News
The Agárdi Pálinkafőzde has become the winner of the Hungarian National category at the Destillata
The Agárdi Pálinkafőzde has become the Hungarian National winner at the Central Europe’s largest distillate competition, the Destillata in Austria – Wolfgang Lukas, the director of the event organizer company...
Read moreNÉBIH: there is a shortage of eco seeds
There is a shortage of domestic propagated eco seeds, so it is worth to the seed producers to register their products on the National Food Chain Safety Office’s (NÉBIH) database...
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The liquidator advertised the mill of the Sikér Zrt. in Szekszárd
The liquidator, the National Reorganization Nonprofit Kft. advertised the mill of the Sikér Malomipari Zrt. in Szekszárd. According to the notice published in the Official Gazette (Magyar Közlöny), the target...
Read moreGerman consumer sentiment worsened in April
The increase in inflation decreased the consumer sentiment index in April below the expected level – according to the GfK market research institute. In April, the GfK German consumer sentiment...
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This year the Government provides 40.5 billion HUF to the state companies to raise wages
The Government provides 40.46 billion HUF this year to the state-owned companies to raise wages and in the next few years these companies will be given significant sources to implement...
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Unilever for a circular economy
Unilever announced that by 2025 all of the packaging material they use will be fully reusable, recyclable of compostable. At the same time the company asked FMCG product manufacturers to...
Read morePortugal to levy sugar tax on soft drinks
The Portuguese government expects to raise EUR 80 million for public health from introducing a sugar tax on soft drinks from 1 February 2017. The new tax would apply to...
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Italian wines in the US market
Last year 2.53 million hectolitres of Italian wine was sold to the USA. Although Italy’s wine export reduced by 0.5 percent in volume, it augmented by 3.1 percent in value...
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Spar is flying high with its own brands
Spar Austria informed that last year they sold twice as many from the company’s private label energy drinks than from Red Bull products. Last year 45.7 million S-Budget energy drinks...
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Optimistic US consumers
A Bloomberg survey has revealed that US consumers are more optimistic than ever before in the last 15 years. 36 percent of respondents said the US economy is going in...
Read moreThe future of grocery retail chains?
Tesco opines that grocery retail chains can only survive if they pay bigger attention to supplying restaurants, online selling and serving individual needs. The British retailer plans to acquire Booker...
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Magazine: Piquant flavours on the Easter table
Christmas, Easter and the summer barbecue season are the three most important periods in wet condiment (mayonnaise, mustard, ketchup, horseradish, etc.) sales. Amarillisz Vlahosz, junior brand manager of Unilever Hungary...
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Bull’s Blood and the Tisza fish soup became Hungariukums
The Hungarikum Committee raised the Bull’s Blood, the Kodaly method, the Hungarian shepherd and hound breeds, as well as the Tisza fish soup into the row of Hungarikums; The Hungarian...
Read moreThe Hungarian startup is exporting brewing equipments to the US market
The company manufacturing Brewie automatic home brewing equipments will begin the delivery of pre-orders to the US market this week. The value of the first shipment of 250 machines, worth...
Read moreGermans like Hungarian wines
Germans like Hungarian wines. Germany is a major outlet for the Hungarian wine producers – according to Czerván György Minister of State of the Ministry of Agriculture (FM). The Ministry...
Read morePénzügykutató: GDP will expand above 4 percent this year
The gross domestic product (GDP) growth rate this year may rise above 4 percent, due to the fact that investments will jump on low base. According to the latest forecast...
Read moreK&H: subdued corporate demand for credit
According to the K&H Bank, credit demand is subdued, despite the low interest rate environment, and a growing deposit base characterizes the corporate sector. The demand for loans primarily boosts...
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The agricultural chamber helps with qualified tender writers
The Consulting Network of the National Association of Agricultural Economics (NAK) provides assistance to about 400 thousand members in the selection of proposals, preparation, AND implementation. According to the information...
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Melania Trump’s hometown is selling new products under the First Lady brand name
Melania Trump’s hometown (Sevnica in Slovenia), is honoring their famous former resident with a line of exclusive “First Lady” products including chocolates, beauty creams, salami and red wines. The products...
Read moreSpring sowing has begun
Most of the autumn sowings are in favorable conditions in Zala county. The farmers have begun to sown spring cereals, and if warming continues further, the sowing of sunflower and...
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Superfast internet is available in almost quarter of a million households
About 230 thousand households has access to superfast internet thanks to the self-financed investments of the service providers. The development of the network will be started in all parts of...
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Positive cattle and beef trade balance
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that Hungary’s live cattle export grew by 11 percent in the January-October 2016 period....
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Magazine: Who is going to work?
One of the biggest challenges in Europe is to have more people working. At a professional forum organised by the National Trade Association (OKSZ) at the Budapest Chamber of Commerce...
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Few chemicals used in small crop categories
Farmers growing crops on a smaller area of land are having problems with protecting their plants, because in small crop categories very often there aren’t authorised pesticides. NAK started cooperating...
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The Hungarian Quality Product Award is celebrating its twentieth anniversary
The 20th Hungarian Quality Product Award was published in 46 major categories. The Hungarian Quality Product Award has become Hungary’s most prestigious rating system, proving that quality is also able...
Read moreThe largest fruit farmer in Békés County expects a good season
The largest fruit farmer in Békés County expects a good season, because winter frosts did not cause major frost damages in plantations – the managing director of the Hunapfel Kft....
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GKI: How many people are affected by the mandatory wage increases?
The February business survey of the GKI Gazdaságkutató Zrt. market researcher firm investigated the corporate effects of the minimum wage increase. The bigger the company, the minimum wage increase affects...
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A huge scandal has shaken the already shaken economy of Brazil
Brazil, the world’s biggest beef and chicken exporter, with clients in some 150 countries, is scrambling to stop the fallout from police allegations of corruption and unsanitary practices in the...
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Whole grains, whole story
We already know that a balanced breakfast includes fruit or vegetables, valuable sources of protein (eg. milk, dairy products, lean meat, eggs, nuts) a fluid (preferably water); It made of...
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