News and articles
Seed Association: the informative price of spring cereal seeds is 92 200 HUF per tonne
The Seed Association Interprofessional Organization and Marketing Board (VSZT) established an informative price of 92 200 HUF per tonne for spring cereal seeds – the association told MTI on Thursday....
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Food VAT frauders were arrested
Financial investigators found a criminal organization dealing with fictitious business accounts in the South Plains – the National Tax and Customs Office (NAV) informed MTI on Thursday. Barnáné Horváth Melinda...
Read moreThe US retail sector started the year with overwhelming enthusiasm
After the 1 percent increase of December, retail sales in the United States increased by 0.4 percent this January, which significantly exceeded analysts’ expectations. The annual pace of 4.4 percent...
Read moreHong Kong is the freest economy in the world again
Hong Kong once again qualified as the world’s freest economy in the joint ranking of the US Heritage Foundation and The Wall Street Journal. The 2017 Index of Economic Freedom...
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Women has the key to build a world free from hunger and poverty
Stamping out gender inequality and giving women greater opportunity to participate in work is imperative if the world wants to achieve the goal to end hunger and poverty, officials say....
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Ice-cream and food porn – Video of the day
If there is foodporn, this movie sure belongs to the hardcore version of it....
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Bocuse d’Or as school material
The Bocuse d’Or (the Concours mondial de la cuisine, World Cooking Contest) is a biennial world chef championship. Named for the chef Paul Bocuse, the event takes place during two...
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The V4 countries held a tourism summit in Warsaw
The V4 countries (the Czech Republic, Poland, Hungary and Slovakia) held a tourism summit on 14-15 February in Warsaw. At the event, the annual tourism marketing plan of the V4...
Read moreThe number of guest nights has increased in Hévíz
At the commercial accommodations in Hévíz guest nights increased by 14.3 percent. The domestic demand is rising, in addition to the increase of foreign visitors. A special attention is paid...
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Growing drink market
According to a report by Moody’s, in the next 1-1.5 years the global drink market will expand by 4-5 percent. They expect a decline in volume sales in certain markets...
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Companies want customised stands
Partners of trade exhibition organiser and stand builder companies show growing demand for a 360-degree service. For instance in addition to building the stand, customers want them to help in...
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Prodexpo is getting more and more popular
Prodexpo is the largest specialized exhibition in Russia and Eastern Europe. Promoting high-quality foodstuffs to the domestic market, the Prodexpo trade show contributes to implementing high-priority federal projects aimed at...
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Magazine: Trade fairs: participation isn’t obligatory, but recommended
Experts say that the international trade fair market is booming again. In general we can say that demand is the biggest for special trade shows with a well-planned concept, events...
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VHT: the pork strategy stabilized the situation in the sector
The pork strategy stabilized the situation of the sector – the Secretary of the Livestock and Meat Interprofessional Organization and Marketing Board (VHT) told MTI on Wednesday. Menczel Lászlóné added...
Read moreA decline in agricultural producer prices
Agricultural producer prices decreased by 4.7 percent last December, compared to a year before, after the 5.5 percent decline in November. The price of crop products decreased by 11.8 percent,...
Read moreIt is already certain that the primeur season will be expensive
Inland water and frost cause damages at several areas of the country. The assessment of the winter frost damages in orchards and the fields has begun. The cold, below minus...
Read moreEconomic growth can substantially accelerate this year
The gross domestic product (GDP) increased less than expected in the fourth quarter of last year, but this year the analysts interviewed by MTI expect a substantial acceleration. The Central...
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KSH: the cattle stock increased in the second half of 2016
The growth of the cattle population that is lasting since 2010 has continued. In the six months until 1 December, the number of cattle increased by 6 thousand. The pig...
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Analysts: Inflation may continue to accelerate in the first quarter
Inflation may continue to accelerate in the first quarter, but analysts interviewed by MTI do not expect to exceed the central bank’s inflation target of 3 percent this year. According...
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Food industrial support applications can be submitted from Wednesday
Food industrial small and medium-sized enterprises can submit their requests for 212.5 billion HUF development funds for food and capacity expansion investments from Wednesday – Rákossy Balázs, Minister of State...
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The largest companies are optimistic
According to the latest results of the K&H corporate growth index, the large domestic companies start this year with cautious optimism. The companies assume a slightly growing revenue, but most...
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The NAK urges unified EU actions to mitigate food waste
The National Agricultural Economics Association (NAK) urges unified EU actions to mitigate food waste – the public body told MTI on Wednesday. The NAK supports the proposal – that encourages...
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Danone increased its after tax profit by one-third
The company’s revenue in 2016 increased by only 2.9 percent, foreign exchange effects adjusted – portfolio.hu wrote. Taking the currency effects into account, sales revenue declined by 2.1 percent, from...
Read moreIKEA achieved a turnover growth of fifteen percent in Hungary
IKEA’s two department stores in Hungary – with an increase of 14.5 percent – reached 54 billion HUF sales revenue in its fiscal year ended last August, which is an...
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Adult burger for Valentine’s Day
Sexy foods — or, at least, foods deemed as sexy by couples desperate to spice up their love lives — include chocolate-covered strawberries, filet mignon, and raw oysters. The sexy...
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Holiday vouchers tripled in Romania
Last year the value of tourist services purchased with holiday vouchers more than tripled to 10 million euros (approximately 3 billion HUF) in Romania – the National Association of Romanian...
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Export conference for Hungarian enterprises in neighbouring countries
In November the Hungarian National Trading House (MNKH) organised its first export-themed conference for Hungarian businesses located in neighbouring countries. The event took place in Csíkszereda (Miercurea Ciuc) in Romania...
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Hungarian groceries on the shelves of Chinese stores
More and more Hungarian companies conquer the Chinese market with the help of the Hungarian National Trading House (MNKH). Thanks to the government’s ‘Eastern Opening’ foreign trade strategy, in the...
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Signing up for Jeunes Chefs Rôtisseurs Hungary
The purpose of this competition is to encourage and promote the culinary expertise of young Chefs Rôtisseurs in the tradition of the Chaîne des Rôtisseurs by exposing them to a...
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Magazine: Valuable waste
According to Norbert Höflinger, strategy director of HWD Recycling Kft., working in the waste management industry means facing challenges all the time. One of the biggest problems in the sector...
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