News and articles
Inflation was 2.5 percent in November
In November, annual inflation was again 2.5 percent, compared with the previous month, consumer prices increased by 0.4 percent on average – the Central Statistical Office (KSH) reported on Friday....
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Hungary is willing to raise its payment for EU agricultural subsidies
Hungary is interested in a simpler and more prosperous EU common agricultural policy (CAP) in the post-2020 period – Fazekas Sándor, Minister of Agriculture told in Brussels on Monday. Fazekas...
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KSH: employment remained at a 68.8 percent record level
In the fourth quarter of last year, the average number of employees was 4 million 447 thousand, 36 thousand ie 0.8 percent more than a year before. The employment rate...
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The Vitafort and the Milk Product Council renewed their cooperation agreement
The Vitafort First Feedmaking and Distribution Company and the Milk Interprofessional Organization and Product Board renewed their cooperation agreement again. The contract was signed by Zoltán Kulik, CEO of Vitafort...
Read moreThe digital transformation in economic growth is becoming increasingly important
The digital transformation, the industry 4.0 plays an increasing role in economic growth – Lepsényi István, Minister of State Secretary of the Ministry of National Economy (NGM) stressed on Tuesday...
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The Nébih seized a tonne of meat in Nébih
The National Food Chain Safety Office (Nébih) prohibited the marketing of almost one tonne of meat and ordered its destruction, after an inspection in Baranya County – the authority told...
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Spirits forgers were busted
Up to 75 hectoliters of alcoholic beverages could have been marketed from the fake material found in Polgár, Hajdú-Bihar County. The financial investigators of the National Taxes and Customs Administration...
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The new furniture production hall of the Leolux Hungary Kft. was opened in Szolnok
The hall was built by the investor Dinasztia Kft. from 240 million forints for its tenant, the Dutch-owned furniture manufacturing company. Norbert van Megen, Managing Director of Leolux Hungary Kft....
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Economic sentiment has deteriorated in the euro area in January
Economic sentiment in the euro area has deteriorated in January, but it remained close to the 17-year peak reached last month. According to a report released on Tuesday by the...
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The Polish president signed the law restricting the shops to open on Sundays
On Tuesday, the Polish President Andrzej Duda signed the law restricting the opening hours on Sundays. The law enters into force on 1 March. The stores have to be closed...
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Fight for the soy market
A huge battle is emerging between major international agricultural inputs manufacturing groups for the American soy market – agrarszektor.hu wrote. The leading role of Monsanto has been seriously threatened, because...
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More and more pubs close in Britain
In the last thirty years, the number of pubs in Britain has fallen by a quarter, so there are only 50,000 pubs in Great Britain – according to the latest...
Read moreSeventy billion forints worth investment can be realized by 2021 in Nyíregyháza
More than 70 billion forints worth investment can be realized in Nyíregyháza, Szabolcs-Szatmár-Bereg county by 2021. About 27.5 billion forints worth applications are being implemented and investments from 42.5 billion...
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From the spring, the acrylamide content of foods should be reduced
The Decree on the mitigation of levels for the reduction of acrylamide in foodstuffs should be mandatory used from 11 April 2018 – the National Food Chain Safety Office (Nébih)...
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Magazine: The Hungarian Product trademark doesn’t only attest place of origin
The Hungarian Product trademark certifies both product origin and quality, following a multi-stage, independent evaluation by experts. What is more, it also serves as an extra check whether the given products...
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A way through electronic labels – Let’s meet at Future Store
More info at: http://sirha-budapest.com/trademagazin You can now sign up for the Future Store 60 or 90 minute-long visits or just watch the 30 minute-long Wanzl-Connect introductory film: 60-70 minute tour:...
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GKI: GDP growth probably accelerated slightly in the fourth quarter of 2017
Similarly to 2017, the Hungarian economy is expected to grow at a rate close to 4 per cent in 2018. Although this rate is well above the EU average of...
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Fidelity: International stock outlook: global recovery
It has been a banner year for US stocks, but internationally things have looked even better. International stocks, as measured by the MSCI All Country World Index (ex-US), were up...
Read moreNGM: growth in retail sales by the end of the year
Retail sales increases further in the last two months of the year, partly due to the spendings on holidays – Pomázi Gyula, Deputy Minister of State responsible for Industry Strategy...
Read moreFazekas discusses the preservation of agricultural subsidies
Fazekas Sándor, Minister of Agriculture is negotiating over the post-2020 support system for the Common Agricultural Policy (CAP) at the International Grüne Woche exhibition in Berlin – agrarszektor.hu wrote. The...
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Sole-Mizo develops from support
The Sole-Mizo Zrt. won 783.26 million HUF non-refundable subsidies through which will implement a 2 billion HUF worth research and development project – the company told MTI. The company is...
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The hail-reduction system will start from May
From May it is possible to use the Jéger, the hail damage reduction system in the whole country – agrarszektor.hu wrote. However, according to the experiences of insurers and the...
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Bacardi broke into the tequila market
Bacardi joined the fast growing sector of the tequila. The world’s two largest distillers united and the Gray Goose vodka, Dewar Scotch, Bacardi rum and the famous Patrón tequila came...
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FUZETEA: When the flavors of tea, juice and herbs are united!
Sit back, relax, restart Yourself with Coca-Cola’s new orchard-herbal taste ice teas! As part of the Coca-Cola Company’s most important introduction, the FUZETEA is available in Hungary from now! Green...
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Nébih: the second tranche of the surveillance fee must be paid by the end of January
The deadline for payment of the second tranche of the food chain management fee expires on 31 January – the National Food Chain Safety Office (Nébih) pointed out. According to...
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Donuts festival to be organized in Pilisszentkereszt
Donuts festival to be organized on 10 February in Pilisszentkereszt, where the audience is also awaited with concerts, sports shows, competitions and a donuts show. The series of programs reviving...
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Thousands of false condoms were seized by NAV
More than eight thousand packs of protected branded false condoms were seized by the National Tax and Customs Office – the Tax Authority informed MTI. The staff of NAV’s Pest...
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Dietitian: there are many misconceptions about children’s diets
There are a lot of misconceptions about children’s diets. The arents especially find these misconceptions on the Internet, – Lukasz Rebeka, dietitian told M1 news channel. The expert said that...
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Robotized vegetable production to come
An American company establishes a “vegetable factory” in a settlement of California’s Silicon Valley, where they will produce salad and herbs under the supervision of a robot system. The robot...
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Bank lending in the euro area has slowed
The growth in companies’ bank lending outside the financial sector slowed down in the euro area in December and retail lending stagnated, according to the monthly report of the European...
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