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The agricultural output exceeded 2,700 billion HUF
Date: 2019-02-05 11:30:52
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
Date: 2019-02-05 11:20:37
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
Date: 2019-02-05 11:06:38
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
Date: 2019-02-05 11:05:56
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
Date: 2019-02-05 11:05:32
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
Date: 2019-02-05 11:04:53
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
Date: 2019-02-05 11:02:58
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
Date: 2019-02-05 11:01:34
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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Magazine: Organic connections
Date: 2019-02-05 07:20:28
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
Date: 2019-02-04 11:55:05
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
Date: 2019-02-04 11:50:19
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
Date: 2019-02-04 11:35:15
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
Date: 2019-02-04 11:30:03
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
Date: 2019-02-04 11:22:48
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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Chinese imports increase customs revenue significantly
Date: 2019-02-04 11:18:18
Due to the arrival of Chinese goods to Hungary, the customs procedures performed by the National Tax and Customs Board (NAV) have increased significantly, and the amount of customs revenue...
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The Siberian discount chain also appeared in Leipzig
Date: 2019-02-04 11:16:47
A Siberian concern opened its first discount food store in Germany in the suburb of Leipzig – piacesprofit.hu wrote. photo by mz-web.de Founded in 2009 in Krasnoyarsk, Siberia, the Torgservis...
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The sentiment of American consumers are above expectations
Date: 2019-02-04 11:02:55
Compared to December, the US consumer sentiment weakened, but were above expectations in January – according to the regular monthly survey of the University of Michigan. The January consumer sentiment...
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Swine fever was detected in Sepsiszentgyörgy
Date: 2019-02-04 11:01:13
About sixty pigs are to be killed in the Őrkő district of Sepsiszentgyörgy, where the appearance of African swine fever (ASP) was confirmed at the end of last week –...
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Luckin Coffee opens new cafes in a row
Date: 2019-02-04 10:36:03
Luckin Coffee picks Credit Suisse for 300 million USD share sale. The deal could take place in the second quarter of this year. Luckin Coffee, the ambitious Chinese startup rolling...
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There is a great need for a shop assistants across Europe
Date: 2019-02-04 10:16:31
There have never been such great need for shop assistants in the European Union member states – penzcentrum.hu wrote. According to EURES, the European Job Mobility Portal, 75,000 shop assistants...
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Five easy practices by Gijs van Wulfen to be more innovative
Date: 2019-02-04 10:05:14
Innovation is one big struggle. Not being able to change habits within the organization. Being creative at the wrong moment. Frustrated by budget cuts. Confronted with a lack of entrepreuneurship....
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First Global Women’s Network at FRUIT LOGISTICA 2019
Date: 2019-02-01 18:56:39
On 8 February 2019, exactly one month before International Women’s Day becomes a new public holiday in Berlin, the first Global Women’s Network will take place at FRUIT LOGISTICA at...
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New commercial director at Bonafarm
Date: 2019-02-01 13:05:39
Starting from 1st January 2019, György Sóskuti is the new commercial director at Bonafarm Group. The expert has been working in the FMCG-sector for nearly two decades. Prior to joining...
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According to the OECD, further reforms will contribute to a stronger and more inclusive Hungarian economic performance
Date: 2019-02-01 11:40:40
Due to the high employment level, the Hungarian economy is in the middle of a strong recovery, which also increases wages, consumer confidence and domestic demand. According to the new...
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The KSH conducts a trial census in agriculture in February
Date: 2019-02-01 11:15:57
The Central Statistical Office (KSH) is conducting a full agricultural census in the summer of 2020 (Agrárcenzus 2020). The agency is conducting a trial test between 1 and 28 February...
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The rate of childhood obesity stopped in Hungary
Date: 2019-02-01 11:15:56
Due to various legislative changes and professional cooperation, the proportion of overweight people among Hungarian children was halted – the Minister of State, responsible for Health told at a professional...
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SMEs are calculating with stable financial results
Date: 2019-02-01 11:14:28
Companies are calculating with stable 8 percent revenue growth, but with a slightly more modest, 4 percent profit growth this year. According to the latest data of the K&H SME...
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ALDI to join to the initiative supporting work-life balance
Date: 2019-02-01 11:13:19
The ALDI Magyarország Élelmiszer Bt. also signs the cooperation agreement between the German-Hungarian Chamber of Commerce and Industry (DUIHK) and the Ministry of Human Resources (EMMI) to support compatibility between...
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MLBKT: the purchasing manager index declined in January
Date: 2019-02-01 11:12:48
The seasonally adjusted January value of the Purchasing Manager Index (BMI) was 54.0 points after the 54.3 points of December – the Hungarian Logistics, Purchasing and Inventory Company (MTPL) announced...
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