News and articles
KSH: trade surplus was almost 10 billion euros in 2016
The foreign trade turnover surplus was 9.978 billion euros (3107 billion HUF) last year after the 8.595 billion euros of 2015 – the Central Statistical Office (KSH) announced its first...
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Hungarian chili won two first places
Nagy Gábor chili producer from Nagymaros has became a World Champion with his self-made chili sauce. The product called Gabko Chili won first place in two categories at the 10th...
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MNB: 38 thousand enterprises received favorable financing in the growth loan program
In the three stages of the growth loan program, since June 2013, 38 086 enterprises received favorable financing in a value of 2652 billion HUF – was published on the...
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Promising Russian-Hungarian regional economic cooperation
The Russian-Hungarian regional economic cooperation is a promising opportunity for Hungary – the Minister of Agriculture told MTI by phone after his visit to Smolensk county. Fazekas Sándor reminded that...
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NÉBIH: Do not consume too much chia seed!
Although the chia seed is a hit product, the sales of the products need to meet strict conditions. For example it can not be sold in bulk or mixed into...
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Half a million Dutch cows to be slaughtered
Up to half a million dairy cattle can be killed this year by the Dutch livestock farmers because placing an excessive amount of manure threatens the natural waters – agrarszektor.hu...
Read moreChanges in subsidies tied to production
The conditions of subsidies tied to production and greening are going to change next year, so that farmers will be able to comply with the rules more easily. For instance...
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European retail chains getting stronger
In Q3 2016 the sales revenue of European retail chains increased – according to a report by Moody’s Investors Service. Moody’s vice president Vincent Gusdorf told: the good performance is...
Read moreGuest traffic increased in the hotels of the Czech Republic last year
Last year, the number of overnight stays in hotels, guesthouses and campsites of the Czech Republic increased to 18.3 million, which is 6.9 percent more than a year before –...
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The goal is to improve the situation of farmers
In order to improve the situation of farmers, Brussels should reform the policy framework of the supply chain, fight unfair trading practices and facilitate accessing financial resources – stressed the...
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Mohács abattoir nears completion
The test run of the new, HUF 20-billion Mohács abattoir – built by Market Építő Zrt. for MCS Vágóhíd – started in November. Production will commence in the first quarter...
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Magazine: China is a big bite
There are 1.4 billion people living in China, a country that is 102 times bigger than Hungary. China’s GDP is EUR 19.7 billion, bigger than that of the European Union...
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Procurement community was formed in the Tokaj wine region
The Council of the Tokaj Wine Region has launched the Tokaj Wine Region Procurement Community. The non-profit Ltd. owned by the council operates the procurement system that is available for...
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Sixty Príma stores are operating with renewable energy
Sixty Príma grocery stores are using a power entirely from renewable energy sources as a result of the strategic cooperation concluded by the MVM Partner Zrt. and the CBA Kereskedelmi...
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Strategic agreement between the Russian Ruszprodszojuz and the National Chamber of Agricultural Economics
The Russian food industry manufacturers and Distributors Association (Ruszprodszojuz) and the National Association of Agricultural Economics (NAK) signed a cooperation agreement which aims to develop and strenghten trade and investment...
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The most simple cookbook of the world – Video of the day
This is really the EASIEST COOKBOOK IN THE WORLD. Every recipe has less than 4 steps and fewer than 6 ingredients, illustrated with more than 1,000 user-friendly photographs. 1,000,000 copies...
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The Alföldi Tej develops a milk plant in Debrecen with a 12 billion HUF investment
The Alföldi Tej Kft. develops a new processing plant in Debrecen with a 12 billion HUF investment. As the result of the investment, 181 new jobs will be created –...
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Meat, as seen by cameras
Spawned by global epicurean movements and the rise of home culinary maestros thanks to television’s Masterchef, the trend has seen a variety of local butchers following suit and setting a...
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Cheap pre-financing can compensate the delay in payment tender
In a few weeks the European Union’s tenders will start. The remaining tenders of the 2014 to 2020 budget period should be published by the end of March. The Prime...
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Significant export opportunities for the Hungarian companies in Iran
Hungarian businesses can develop significant, all segment-wide business cooperations in Iran. The Hungarian National Trading House organized a Hungarian-Iranian Business Forum on 7 February 2017 in Budapest. The participanting domestic...
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One can enter to the catering chef competition by mid-April
The National Food Chain Safety Office (NÉBIH) and the National Association of Public Caterers (KÖZSZÖV) accept the entries to the Catering Chef Competition 2017-2018 until 18 April. According to NÉBIH’s...
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Amazon’s payment service doubled last year
Amazon’s payment service doubled last year: twice as many people used the service in 2016 than in 2015 – portfolio.hu wrote. Amazon.com increased its impact in online payments in 2016....
Read moreStudents reproduced a 5000 year old beer
The beer recipe was discovered by Stanford archaeologist Li Liu and a team of researchers on the inside portion of a piece of pottery found in a Chinese cave. The...
Read moreForty thousand packs of untaxed cigarettes were found in a van
Forty thousand packs of untaxed cigarettes were found in a van by the finance guards of the National Tax and Customs Office (NAV). The driver fled leaving the vehicle. According...
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Simpler taxation, longer procedures
The World Bank Group and PwC’s Paying Taxes 2017 report – which studies how simple tax payment is 190 countries of the world – reveals that from year to year,...
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New hotel opened in downtown Budapest
A new 101-room hotel was opened in Budapest by the Hotel Eurostars Company, the Spanish Hotusa Group’s hotel division. The four-star Exe Danube Budapest is the group’s second hotel in...
Read moreEurope’s discount airlines expanded by over ten percent in 2017
All three major discount airlines of Europe has achieved over ten percent passenger traffic growth in January, compared to the previous year – according to the passenger statistics published by...
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EU-level voucher system
As of 1 January 2019 stricter and much more complicated rules will regulate the voucher system, because the European Union has adopted a directive aimed at harmonising and clarifying the...
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Increasing minimum wages
The government, employers and trade unions have reached an agreement on next year’s wages. In November Minister for National Economy Mihály Varga announced: next year minimum wages will grow by...
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Magazine: Hungary’s commercial real estate market keeps growing
After the decline caused by the economic recession of 2008, the Hungarian commercial real estate market was going through a recovery process in the last few years. Zoltán Szalóky, head...
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