News and articles
Food imports have grown
The value of exports calculated in euros increased by 3.7 percent, while imports decreased by 1.1 percent, compared to March last year. Foreign trade surplus decreased by 255 million euros...
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Opus Global purchases a food business branch
The Opus Global Plc. acquires majority control in one of the largest iso sugar manufacturers of Europe in the Kall Ingredients Ltd., after increasing its share from 30 percent to...
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Retail trade in the euro area grew lower than expected
Retail trade in the euro area increased at a weaker pace than expected in April, compared to the previous month. The European Union’s Statistical Office (Eurostat) announced on Tuesday that...
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The US authorities are not in the way of the Bayer-Monsanto merger
The US authorities have authorized the 66 billion USD Bayer-Monsanto merger – agrarszektor.hu wrote. The US Department of Justice allowed the merger of the chemical giants with the condition that...
Read moreThe British government plans to replace migrant workers with prisoners
The British government suggested that because of the labor shortage due to Brexit, the migrant workers would be replaced with prisoners in agriculture. However, the producers reject the idea, as...
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Why is it important to have a packaging expert?
Delivery isn’t an obstacle any more Meat company Kaiser Food Kft. commissioned DS Smith Packaging Hungary with designing a safe transportation packaging for their whole salami product. It was also a requirement...
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Papertents for festivals – Video of the day
Billing themselves as “the revolution on the festival camping [sic]”, this Dutch company decided to tackle the issue of wasted tents after discovering that “one out of four people leave...
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12 billion HUF worth gene retention program to be launched
A major genetic conservation development program will start from a 12.3 billion HUF support over the next five years to preserve the agricultural heritage that is important for national identity...
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Magazine: Brands are the engine of growth
Dr Ágnes Fábián, president of Branded Goods Association Hungary (BGA) and managing director of Henkel Magyarország Kft. talked to our magazine about 2017 from brand owners’ perspective: ‘2017 continued the growth...
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Hungarians consume half as much cheese than the Danish or French
Today is the World Day of the Cheese. In many places, mainly in Europe, cheese is one of the main character of the dining culture. In France for example it...
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The Hungarian State Treasury and the Milk Product Council signed a cooperation agreement
Mészáros József, Chairman of the Hungarian State Treasury (MÁK) and Mélykuti Tibor, Chairman of the Milk Interprofessional Organization and Product Council, signed a cooperation agreement for the development of the...
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Nádudvar flavors again at the Campus Festival
This year, the unique regional cooperation continues between the Debrecen Campus Nonprofit Public Benefit Ltd. and the Nádudvari Food Ltd. The Nádudvari Gasztro Bistro and the Nádudvari Gastro Theater will...
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SPAR’s It’s a Joy To Give! campaign was recognized
The “It’s a Joy To Give!” charitable campaign of SPAR Magyarország and the Hungarian Maltese Charity Service has been given a prestigious recognition. At the professional advertising festival of the...
Read moreMazars consumption-type taxes have an increasing role in the region
Governments in the region are increasingly relying on consumption-type taxes. There is a large dispersion in corporate tax rates, and the way in which the tax base / tax is...
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Another ÖRT resolution – now about banking advertisements
ÖRT regularly provides guidance to help the work of its members to comply better with the legislations. The MNB has made valuable contributions to the preparation of the material. Knowing...
Read moreThe state industrial estate developer established a distribution center for the tobacco retailer in Zalaegerszeg
The construction of the 2300 square meter distribution center of the Országos Dohányboltellátó Kft. (National Tobacco Distributor Ltd.) was finished in Zalaegerszeg. The value of the greenfield investment carried out...
Read moreThe Borháló Borkereskedés will be the wine supplier of the summer festivals of the Sziget Kft.
This year, the Borháló Wine Shop will be the exclusive wine supplier of the summer events of the Sziget Kft. including the Volt, Balaton Sound, Sziget, the B.my.Lake and the...
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Smart wallet, sustainable food truck, and lodgings search application are also finalists in the high school startup tournament
More than 96 domestic high school students participated in the uSchool education program within the strategic partnership with the British Chamber of Commerce in Hungary. The young people who are...
Read moreThe European Commission has proposed to protect pollinator insects
The European Commission has put forward a proposal to halt and reduce the decline in the occurrence and diversity of wild pollinator insects. According to the EU Commission’s report on...
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Technology isn’t important for its own sake, it is a competitive factor
Vodafone Hungary has launched its Ready Business Index, an online questionnaire that enterprises can use to measure their own and competitors’ digital development level. Our magazine asked István Király, Vodafone...
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A tourism investment starts in the western part of the Mátra Mountains
The municipalities of Szurdokpüspöki, Tar and Szuha begin to develop a joint tourism investment to add the western side of the Mátra into the circulation of domestic tourism. The settlements...
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Henkel launching smart packaging solutions
At Henkel, we follow the three basic principles of prevention, reduction and recycling to minimize waste and thus reduce the negative impact of packaging on the environment. Key Facts Henel...
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Magazine: Wearing mismatched shoes
2017 was an odd year for the Federation of Hungarian Food Industries (ÉFOSZ) – Tamás Éder, the president of the federation told our magazine. He explained that it is very difficult...
Read moreThe consumer spending of households grew by 5.1 percent in real terms last year
The average monthly consumption per capita of the Hungarian population was 82,900 HUF in 2017. It is 7.6 higher at an average price and by 5.1 percent higher in real...
Read moreThe EC would reduce the agricultural subsidies granted to Hungary by 5 percent between 2021-2027
For the EU, the European Commission (EC) foresees agricultural subsidies of 5,775 billion euros (3700 billion forints) in the proposal for the EU budget for the period 2021-2027, which was...
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A campaign was launched to promote Hungarian cheeses
A campaign to promote handmade cheeses made in Hungary has started under The Hungarian Cheese is Good title. At the press conference of the initiative on Friday in Budapest the...
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World Milk Day: Olympians promoted milk consumption
For more than a decade, the World Milk Day is celebrated in nearly 160 countries around the globe on 1 June. In Hungary, the Milk Interprofessional Organization and Product Council...
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Nobel Prize-winning technology against wrinkles
Diadermine’s revolutionary New Age Age product linea appeared on the Hungarian market in May. The Nobel Prize-winning formula, the “Rejuvinol” enhances natural collagen production with the regeneration of deep-lying cells...
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The GVH approved the acquisition of the PepsiCo subsidiary
In January 2018 the Karlovarské minerální vody (KMV) announced the acquisition of PepsiCo’s Hungarian, Czech and Slovak interests and will be the exclusive distributor of the PepsiCo soft drinks and...
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