Events

KSH: fuel and food prices have driven up inflation in November

Consumer prices in November rose by 0.7 percent from the previous month and are 4.3 percent above the level of a year earlier. Primarily the fuel and food prices affected...

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Agricultural crediting may be expanded

Agricultural crediting may be expanded this year, because the crisis affected the agricultural companies less, a relatively stable demand remained for their products, and the support scheme has not changed...

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VM: Hungarian beef exports can be launched to Algeria

According to the information of the Hungarian Ministry of Rural Development (VM), Hungarian beef exports can be launched to Algeria. Kardeván Endre agreed with his Algerian counterpart, Rachid Bougueddour Chief...

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Sugar cane will arrive to the sugar factory in Kaposvár from Mozambique

Within a few weeks, nearly 22 thousand tons of refined sugar cane from Mozambique arrives to the Kaposvár plant of the Magyar Cukor Zrt. to be processed – reports Somogyi...

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Free Shipping Day on Thursday

The Free Shipping Day will be held in Hungary for the second time, on the 15th of  December 2011. On this day, the participating webstores agree to ship the orders...

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CSAOSZ: The latest law amendment of the product fee affecting the packaging industry badly

The Parliament adopted the law amendment of environmental product fee tax on the 21st of  November 2011. The increase of fee rates means a 10 billion HUF additional burden for...

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Transparency is the condition of the dialog

According to the opinion of stakeholders and on the basis of the analysis of corporate websites; transparency is the strongest area of responsible operation. Stakeholders considered the performance of domestic...

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Hungarian Bioethanol Association: the government declared war on bioethanol

The Parliament adopted next year's tax laws along with the 4662/87 amendment. The excise tax on bio-ethanol will increase by 70 HUF per liter which is together with the VAT...

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Winemakers can apply for developments for four more days until now

Wine producers can submit their applications until December 16 for non-refundable technology developments – said the Ministry of Rural Development (VM) on Monday. The Ministry draws the attention in itscommunication...

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Magazine: Four trade fairs in one

Promotion – business communication, Printexpo – printing industry and digital technology, Budatranspack – packaging industry and logistics and Service Expo – business services and solutions: 200 exhibitors showed what they...

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The healing effect of white tea, miraclenut, and of rose was justified

British researchers found while analyzing the antioxidant impact of plants used in folk medicine for thousands of years that white tea, miraclenut and rose are containing a lot of anti-inflammatory,...

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No pay rise for those who make more than the minimum wage

According to a new survey by GKI, about 79% of Hungarian companies with annual net revenue over 250 million HUF plan to use the increase in the minimum wage as...

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Online shopping is taking the world over

The Internet has transformed many aspects of life, but perhaps none more so than how we shop for goods and services. While it’s still nice to stop by a store...

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European finance policy: criticism of crisis management dominates

Despite the crisis, private investors in Europe still believe in their currency. The majority believe in the continued existence of the euro. This confidence is only crumbling in the crisis...

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KSH: The Hungarian economy rose by 1.4 percent in the third quarter

Hungary's gross domestic product (GDP) grew by 1.4 percent in the third quarter of 2011, compared to the same period of the last year. According to the seasonally and calendar...

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The small markets help the market access of the local farmers

The Ministry of Rural Development seeks that the local farmers' products to reach consumers in the shortest possible way – said V. Németh Zsolt, State Secretary at the Ministry of...

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FAO reports about decreasing food prices

According to the fresh analysis of UN's Food and Agriculture Organization, global food prices have slowed a decline in November. The FAO food price index was 215 points in November....

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Award-winning Hungarian champagne at the world's biggest champagne competition

The Szent István muscat champagne became gold medalist at the world's largest champagne competition at the 9th edition of the Effervescents du Monde competition, France. At Thursday's press conference held...

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Santa Claus Factory – Twice as many gifts on the first day, compared to the previous years

Gifts donors brought twice as many gifts on the first day of the Santa Claus Factory, compared to the previous years – told the organizers to MTI. The Santa Claus...

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The horticultural sector provides new workplaces

In Hungary, the circumstances are fine for the horticultural sector development, Zsolt V. Németh, secretary of the Rural Development pointed out on Thursday within the compass of FruitVeb's annual conference....

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PannonMill is closing a successful year due to high wheat-prices

PannonMill Ltd is closing the fiscal year with an impressive 19.1 billion HUF net revenue on 30th September, which is a significant step ahead compared to last year's 11.5 billion...

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Cows kept on marc give more milk

The milk yield of cattle, feed with marc significantly improved, in addition the amount of methane emitted by animals reduced greatly – Australian scientists told on Thursday. The amount of...

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Budapest – Shanghai 0 km

Ffty Chinese companies introduced themselves in the Asia Center (CBTC). The China Brand Trade Center started the work in June presenting the products of the companies from the south-east Chinese...

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Several tons of counterfeit foodstuffs were seized in the EU

Europol agents confiscated hundreds of tons of counterfeit or poor-quality food  during coordinated raids in recent days. As the European Police annonced the raids were carried out in Bulgaria, Denmark,...

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The Minister has decided on this year's farm development program applications

Fazekas Sándor, Rural Development has approved the winning farm proposals: a total of 201 applicants won state support from the announced 930 million HUF national source support – told the...

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KSH: industrial production grew by 3.0 percent in October

In October, the volume of industrial output grew by 3.0 percent,compared to the same month of last year – reports the Central Statistics Office (KSH) on the basis of preliminary...

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Hungarian bakers must compete with Albanian bakeries

In the first place, Hungarian bakers need to compete with Albanian bakers, there are at least 300 of these bakeries in the country, and they have been getting more and...

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EU consumers have spent with half a percent more

According to the Visa Europe EU barometer of consumer spendings; in the EU countries the average consumer spending rose by 0.5 percent in the  third quarter of 2011, compared to...

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Four Paws now attacks on the egg front

Csorbai Attila told in the Chain Bridge Radio that the Austrian organization's activities are meaning an another blow to the already ailing sector. The Municipal Public Prosecutor received the questionnaire...

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More effective consumer protection in the conciliation boards

More and more effective consumer protection is realized in the conciliation boards – stressed Baranovszky György,, president of the Conciliation Board of Budapest on Wednesday, at press conference. He said...

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