News and articles
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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OTP: VAT should also be reduced in the case of the long-life milk
According to the experts of the OTP Bank, VAT should also be reduced in the case of the UHT and ESL milks. The VAT reduction would increase domestic consumption, which...
Read moreKSH: GDP rose by 2.0 percent in 2016
Hungary’s gross domestic product (GDP) in the fourth quarter of 2016 rose 1.6 percent last year, compared to the same period of the previous year. In 2016, GDP rose by...
Read moreConsumer prices grew by 2.3 percent in January
Consumer prices increased by an average of 2.3 percent in January, comapred to the previous year – the Central Statistics Office (KSH) announced. Compared to December last year, consumer prices...
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The Gyulahús Kft. increased its revenues last year
Despite the Russian embargo and the drop in British pound, the local government-owned Gyulahús Kft. was able to increase its revenue by five percent last year. The company this year...
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Szijjártó Péter discused about the possibilities of the Hungarian food export expansion in Japan
Szijjártó Péter, Foreign Economic Relations and Foreign Minister negotiated about the expansion of Hungarian food export to Japan and about Japanese automotive investments in Hungary on Tuesday in japan. Szijjártó...
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Slower growth in the EU and in the euro area
Compared to the flash estimate, the economies of the euro area and the European Union grew slower in the fourth quarter of last year – according to the second estimate...
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Dr. Csikai Miklós has become the Agricultural Personality of the Year 2016
The Agricultural Personality of the Year award was handed over. The winner of the award has become Dr. Csikai Miklós, while the audience award was given to Szeder Attila. The...
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NGM: 547 billion HUF development funds for the counties
Decisions will born soon on the usage of the 547 billion HUF development funds of the Town and Regional Development Operational Programme (TOP) for the counties – Rákossy Balázs, Minister...
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Intersport is developing in Hungary
The Intersport started a store refurbishment program in Hungary in a value of more than a million euros (about 308 million HUF). The investment will bring new jobs – the...
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US pizza chain may enter the Hungarian market
The Grimaldi’s pizza chain is interested in the Hungarian market – Origo wrote. America’s most often honored pizza chain, the Grimaldi’s is looking for franchise partners in Hungary. The best...
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Debrecen is an increasingly popular tourist destination
Debrecen is an increasingly popular tourist destination. Last year, the number of guest nights at commercial accommodations was close to 388 thousand, which is 10 percent above the growth of...
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And idea glass for some wine – Video of the day
Your wine and cheese parties just got a serious makeover. We’d like to introduce the cheese shot glass. Nibble on these at your next party and try pairing different types...
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Hotel Association: all tourism indicators rose to a record level last year
The hotel industry closed an outstanding year in 2016. All tourism indicators rose to a record level last year – according to the latest analysis of the Hungarian Association of...
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