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Two thirds of the distillers are not used by private cookers
Only one third of the reported distillers are used by private pálinka makers – the National Tax and Customs Administration (NAV) told according to last year’s figures – the Pálinka...
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The new program of the MNB calls for environmentally conscious banking
The Green Program of the Hungarian National Bank (MNB) encourages environmentally conscious “Banking” – Binder István, MNB’s spokesman told M1 news channel on Tuesday. He added that the MNB would...
Read moreBritish food exports to the EU cannot be guaranteed without agreement
In case of a Brexit without agreement, there would be no full guarantee that Britain could continue to export food to the markets of the European Union – the head...
Read moreForeign trade restrictions caused 6.3 billion USD loss to Russia
There are 159 trade restrictions in 62 countries against Russia, which resulted in a 6.3 billion USD loss in exports in 2018 – the Russian Ministry of Economic Development announced...
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Wal-Mart clsoed a great quarter
According to Wal-Mart’s CEO Doug McMillon, the favorable macroeconomic environment helped Wal-Mart to increase its revenue and market share. Wal-Mart has surpassed expectations in the Christmas quarter, largely due to...
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Hand towel from the chips bag
One of the world’s largest food companies, the Doritos, has announced a revolutionary solution. They made a chips bag in which the consumers can wipe their fingers after ate the...
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Kitkap green tea matcha is now available in Europe
KitKat, chocolate covered wafers from the UK, have gained legions of fans across the globe, and Japan is no exception. First introduced to Japan in 1973, it quickly became a...
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S.Pellegrino is looking for the best young chef again
he wait is almost over – S.Pellegrino is proud to announce the return of the most exciting talent search for chefs in the world, S.Pellegrino Young Chef 2019-2020. Thousands of...
Read moreTwix Bites to share while sipping a hot drink
Twix Bites… Contains eight (8) 8.7-ounce Sharing Size bags of TWIX Caramel Bites Size Chocolate Cookie Bar Candy TWIX Cookie Bars are made with deliciously smooth milk chocolate; crispy cookies;...
Read moreMore beer was sold on the domestic market last year
Seventy-six thousand hectoliters, 15 million bottles more, a total of 6.29 million hectoliters of beer was sold last year, compared to the previous year by the leading breweries on the...
Read moreAgricultural researchers: the output of agriculture can be increased with precision farming
Precision farming is needed in Hungary to substantially increase the output of agriculture. The PREGA (Precision Farming) Conference and Exhibition, which will start in Budapest on Tuesday, will help us...
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The 79th OMÉK will be held in Budapest in September
The Ministry of Agriculture and the Agricultural Marketing Center (AMC) will organize the 79th National Agricultural and Food Industry Exhibition and Fair (OMÉK) between 26 and 29 September. The event...
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MNB: Hungarian households increased their savings with 5.9 percent of last year’s GDP
Hungarian households increased their savings by 2500 billion HUF, equivalent to 5.9 percent of GDP in 2018, of which 735 billion HUF was realized in the fourth quarter, which is...
Read moreAM: The application for aid against grape pests to be simplified
The Ministry of Agriculture (AM) will announce a tender against pests in vineyards with a budget of 240 million HUF this year, and the application for support will be simplified...
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Domestic startups may gain new momentum
According to experts, startups can really accelerate in the FMCG and medical technology sectors. That is why the Start it @ K & H Incubator is constantly expanding its mentor...
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AM: Hungary and Slovakia support each otherat the EU agricultural negotiations
The importance and role of Hungarian-Slovakian agricultural relations goes beyond bilateral relations. An intensive joint work is also taking place within the framework of the Visegrád four cooperation, and in...
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Scottish whiskey exports on peak
Scottish whiskey exports have also reached a peak in quantity and value last year, index quotes the communication of the Scottish Whiskey Association (SWA). Last year, Scottish whiskey was exported...
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Syngenta’s revenue grew last year
Syngenta pesticide production group’s sales revenue increased last year by seven percent to 13.5 billion USD. On Monday, the Group told MTI that the EBITDA remained virtually unchanged reaching 2,613...
Read moreGerald Grace is the new ceo of Invitech
Business IT solutions provider Invitech has announced the appointment of Gerald Grace as Chief Executive Officer. Gerald succeeds David Blunck, who will leave the company by mutual agreement. Gerald Grace...
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Human hot pot – Video of the day
In anticipation of Lunar New Year, the First World Hotel in Hangzhou, China, redesigned one of its hot spring pools into what appears to be a hot pot for humans....
Read moreHenkel is founding member of new global “Alliance to End Plastic Waste”
Global challenges need global solutions – this is why nearly 30 companies from the plastics and consumer goods value chain today launched the new “Alliance to End Plastic Waste” (AEPW)....
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Magazine: Smart technological solutions: What can be achieved?
The 5th Innovation Food Conference was part of the programme at the Anuga trade fair in Cologne. There were approximately 200 participants and Hanni Rützler, the founder of Vienna-based futurefoodstudio...
Read moreAgricultural producer prices increased by 2.7 percent last year
Last year, agricultural producer prices increased by 2.7 percent. The prices for plant products increased by 5.8 percent, but live animals and animal products increased by 2.2 percent, compared to...
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Lidl increases its employee wages by 15 percent on average
Lidl Magyarország is making another average salary increase of 15 percent. From 1 March, the salary of almost 4600 shop and warehousing workers is increasing – the company told MTI...
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Home improvement with SPAR
In collaboration with Disney, SPAR announces its latest loyalty action. As part of the promotion, customers can decorate their homes with 13 kinds of bath and bedroom accessories decorated with...
Read moreTasting round to be held with the fifty best winemakers of the country
Tasting round to be held with the participation of the 50 best winemakers of the country on 2 March in Budapest. The professional competition will decide who will be the...
Read moreThere is a great opportunity for the Hungarian food and wine sector
The recently opened rural development EU proposal – which provides 50 billion HUF support to help to increase the added value and to increase competitiveness – is beneficial for both...
Read moreMcDonald’s transfers its interest in Hungary to Scheer Sándor
McDonald’s Corporation signed a contract with Scheer Sándor for a share purchase agreement, according to which McDonald’s will transfer its ownership interest in the Hungarian company to Scheer Sándor, who...
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