News and articles
Raiffeisen: the outlook for the Hungarian economy is very favorable
Date: 2017-01-18 11:40:37
The outlook for the Hungarian economy is extremely favorable: the expansion of the GDP may be over three percent this year and for the next year – Török Zoltán, chief...
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Chicken breasts are popular
Date: 2017-01-18 11:37:16
The buyers take advantage of the benefits of VAT reduction in January. Since the beginning of the year, the processors transport 30-40 percent more chicken breast and 20 percent more...
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Bird Flu: A multi-stage compensation may come
Date: 2017-01-18 11:35:56
The Poultry Product Council (BTT) estimates the damage arising from the outbreak of bird flu to 9-10 billion HUF – the organization told Világgazdaság. The direct losses of farmers resulting...
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VAT reduction did not impove the sales of fresh milk
Date: 2017-01-18 11:33:38
Despite the fresh milk VAT reduction to 5 percent in January, the buyers are still looking for long lasting products in the stores – the Magyar Idők wrote. According to...
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The cold weather turns the buying habits upside down
Date: 2017-01-18 11:20:37
The unusual cold weather turns the buying habits upside down and will likely to pull back the shopkeepers’ revenue – piacesprofit.hu wrote According to the current observations no decrease will...
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The BAT invests another three billion HUF into its tobacco plant in Pécs
Date: 2017-01-18 11:15:57
One of the world’s largest tobacco company, the London-based British American Tobacco group creates 200 new jobs and significantly expands its capacities in Pécs with a three billion HUF investment....
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Eighteen exhibitors at the Chocolate Carnival in Pécs
Date: 2017-01-18 11:15:22
The Fifth Chocolate Carnival in Pécs will include eighteen exhibitors, professional and children’s programs on 4 and 5 February in the Zsolnay Cultural Quarter – was said at the event’s...
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Euro zone’s inflation is on a nearly three-year peak
Date: 2017-01-18 11:10:13
Because of the increase in energy prices, the highest inflation of nearly three years occured last December in the euro zone – according to Eurostat’s statement, published on Wednesday. According...
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The innovative SMEs can receive 160 million euros fundings in eight EU countries
Date: 2017-01-18 11:02:55
The European Investment Fund (EIF) and the UniCredit bank signed a guarantee agreement through which innovative small and medium-sized enterprises (SMEs) and mid market capitalized companies can apply for 160...
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The first all-vegan food store network went bankrupt
Date: 2017-01-18 11:01:14
The first all-vegan food store network – offering food without any animal origin – went bankrupt in Germany. The chain Veganz, which shuns animal products, will close at least four...
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The Czech Republic has tightened the conditions of the sales of cask wine
Date: 2017-01-18 11:00:22
The conditions of the sales of cask wine was tightened in the Czech Republic to suppress “wine counterfeit ” and the black market. The Czech parliament adopted the amendments of...
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Zalakaros expects the thirty millionth bath guest
Date: 2017-01-18 10:30:39
Zalakaros is waiting for its thirty millionth bath guest this year. The settlement was declared as a town 20 years ago. Last year more than half a million people bought...
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Food producers meet in Lébény
Date: 2017-01-18 10:06:15
NAK’s Győr-Moson-Sopron County directorate organised its traditional end-of-year food industry forum in Lébény. The main topic was the marking of food products, as from December new nutritional value marking rules...
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Chamber popularises agri-food vocations in Szombathely
Date: 2017-01-18 09:07:49
On 9 and10 November 2016 the Vas County Government Office organised its school and job expo for the 19th time in Szombathely. With the goal of popularising agri-food related studies...
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Magazine: Semi-professional preparation, fully delicious meal
Date: 2017-01-18 07:37:48
Annual sales of packs of selected cooking ingredients to prepare a restaurant-quality meal at home have reached USD 1.5 billion in the USA. Experts say that this sum may multiply...
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Fazekas: the Hungarian agriculture is strengthening
Date: 2017-01-17 11:45:24
The Hungarian agriculture is strengthening. This process is shown by the growing performance of the industry, expanding contribution to the increase in GDP growth and employment as well. Also Hungary...
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Agriculture is the least indebted sector
Date: 2017-01-17 11:38:21
According to the National Bank of Hungary, the data of the past five years suggests that the national economy’s overall failure rate for the second quarter of 2016 can be...
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The CPI buys shopping malls, department stores in the region
Date: 2017-01-17 11:36:03
The CPI Property Group anticipates the acquisition of a retail portfolio located in Hungary, the Czech Republic, Poland and Romania from funds managed by CBRE Global Investors. The CPI Property...
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eNet: almost one million people received their online Christmas orders belatedly
Date: 2017-01-17 11:34:26
More than 900 000 Hungarian Internet users could receive their online Christmas orders belatedly. The customers received the packages with an average 5 days later, moreover 12 percent of the...
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Hungary will debut at the world’s largest wine fair
Date: 2017-01-17 11:08:10
Twenty wine producers from ten Hungarian wine regions will have the opportunity to debut at the Hungarian community booth organized by the Hungarian Tourism Agency (MTU) at the ProWein wine...
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The EC expects a growth in the number of pigs in Europe
Date: 2017-01-17 11:05:26
The European Commission expects a slow but steady increase in the European Union’s pig meat production from 2018 until 2026. According to the projection, the output will be around 23.9...
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The Hungarian SMEs can apply for 2362 million euros this year
Date: 2017-01-17 11:05:19
The Hungarian small and medium-sized enterprises (SMEs) this year will be eligible to apply for 2362 million euros, while in Croatia, Romania and Bulgaria the amount is much less –...
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This can be the year of colza
Date: 2017-01-17 11:03:56
European farmers have already turned their attention to the growing demand for colza. The Agricultural Economics Research Institute in its analysis pointed out that the growing area of colza increased...
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British American Tobacco buys its competitor
Date: 2017-01-17 11:00:59
The British American Tobacco (BAT) has agreed a 49.4 billion USD takeover of U.S. rival Reynolds American Inc, creating the world’s biggest listed tobacco company after it nudged up an...
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The Prime Minister’s Office suspends the application for the development of sheep and goat farms
Date: 2017-01-17 11:00:57
The Prime Minister’s Office suspends the application for the development of sheep and goat farms, from 20 January due to the depletion of the availability of resources. For the almost...
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Amusing 3D screening on a table in a restaurant – Video of the day
Date: 2017-01-17 10:58:00
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Hungary’s leasing market expands above the European average
Date: 2017-01-17 10:46:47
Although the economic performances of several European countries are rather poor, the leasing market expanded by 10 percent on average by the end of the third quarter, while in Hungary...
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MTÜ: several hundred billion HUF for tourism development
Date: 2017-01-17 10:30:51
The government this year allocated 10 billion HUF for the development of hotels and will spend hundreds of billions of forints, partly from European Union, partly from budgetary sources to...
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New small-scale farmer IDs from January
Date: 2017-01-17 09:56:01
From January only the new type small-scale farmer IDs are going to be valid. The Hungarian Chamber of Agriculture (NAK) informed that already 190,000 small-scale farmers had received their new,...
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Agricultural producer prices decreased by 5.2 percent
Date: 2017-01-16 11:34:09
Agricultural producer prices fell 5.2 percent in October, compared to the same period of the previous year. The decrease consists of the 9.7 percent price decrease of the crops and...
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