News and articles
The HNT assesses the wine stocks
The National Council of Mountain Villages (HNT) has published a standard contract template which records the rights and obligations of both producers and purchasers and provides a framework for various...
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Fuzzy little avocado puppet – Video of the day
In an awww-inducing short film written by David Bizzaro and directed by Mike Hayhurst, a fuzzy little avocado puppet wanders the streets of New York City looking for its missing...
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Media Markt and Lumenet are the Internet Merchants of the Year in 2018
The prestigious Internet Merchant of the Year in 2018 award was handed over for the 12th time this year. The winner of the Small and Medium Business category has become...
Read moreMost companies consider the digital switchover to have strategic importance
Although in Hungary, 72 percent of the companies consider digital transformations very important and only 2 percent called it less important, companies are lagging behind in digital transformation – Uzsák...
Read moreThe investment attractiveness of large companies is awakening
54 percent of the domestic large companies, are planning some kind of developments over the next year. In West Hungary the situation is even more promising, as six out of...
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The players in the herbal sector have joined their forces
The Herbal Division of the National Chamber of Agriculture (NAK) was reorganized, which also joined its forces with the Herbal Association and Marketing Board (GYSZT). The aim is to reverse...
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Teaming up for Hungarian retailers
The Hungarian National Trade Association (MNKSZ) is one of Hungary’s biggest retail trade organisations. We asked general secretary Katalin Neubauer about their tasks and plans. T.M.: – What are the fundamental...
Read moreEntrepreneurs of the Lake Balaton: wage demands are unrealistic
The start of the season is more difficult than ever before due to the lack of skilled workers and unrealistic pay demands at Lake Balaton, but due to rising earnings...
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Imports rose more than exports
In the first quarter, the value of exports in euros was 3.4, the value of imports in euros was 3.9 percent higher than in the same period of last year,...
Read moreHungarians are considered as good guests in Croatia
Considering the average daily spendings, the Hungarians are good guests in Croatia. In the first five months of this year one-third more Hungarians visited Croatia than a year before –...
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Magazine: Retail trade is going upwards, but there are small obstacles
György Vámos, general secretary of the National Trade Association (OKSZ) told our magazine that retail sales expanded by 5 percent in 2017 – there has been a sales growth every...
Read moreServices, consumption and investment have led the economy
The volume of gross domestic product (GDP) was 4.4 percent higher than the one-year-earlier figure in the first quarter. The 4.9 percent growth of services, the 5.0 percent growth of...
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Nébih was ranked first in the ranking of European authorities
The National Food Chain Safety Office (Nébih) was ranked first in the ranking of European authorities; according to a recent survey by the European Food Safety Authority (EFSA), the Hungarians...
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Here are the agricultural challenges of the next ten years
The major agricultural challenges of the 10 years are; whether domestic farmers are prepared for the surplus production due to rising meat consumption and how open are they to alternative...
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Food imports have grown
The value of exports calculated in euros increased by 3.7 percent, while imports decreased by 1.1 percent, compared to March last year. Foreign trade surplus decreased by 255 million euros...
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Opus Global purchases a food business branch
The Opus Global Plc. acquires majority control in one of the largest iso sugar manufacturers of Europe in the Kall Ingredients Ltd., after increasing its share from 30 percent to...
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Retail trade in the euro area grew lower than expected
Retail trade in the euro area increased at a weaker pace than expected in April, compared to the previous month. The European Union’s Statistical Office (Eurostat) announced on Tuesday that...
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The US authorities are not in the way of the Bayer-Monsanto merger
The US authorities have authorized the 66 billion USD Bayer-Monsanto merger – agrarszektor.hu wrote. The US Department of Justice allowed the merger of the chemical giants with the condition that...
Read moreThe British government plans to replace migrant workers with prisoners
The British government suggested that because of the labor shortage due to Brexit, the migrant workers would be replaced with prisoners in agriculture. However, the producers reject the idea, as...
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Why is it important to have a packaging expert?
Delivery isn’t an obstacle any more Meat company Kaiser Food Kft. commissioned DS Smith Packaging Hungary with designing a safe transportation packaging for their whole salami product. It was also a requirement...
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Papertents for festivals – Video of the day
Billing themselves as “the revolution on the festival camping [sic]”, this Dutch company decided to tackle the issue of wasted tents after discovering that “one out of four people leave...
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12 billion HUF worth gene retention program to be launched
A major genetic conservation development program will start from a 12.3 billion HUF support over the next five years to preserve the agricultural heritage that is important for national identity...
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Magazine: Brands are the engine of growth
Dr Ágnes Fábián, president of Branded Goods Association Hungary (BGA) and managing director of Henkel Magyarország Kft. talked to our magazine about 2017 from brand owners’ perspective: ‘2017 continued the growth...
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Hungarians consume half as much cheese than the Danish or French
Today is the World Day of the Cheese. In many places, mainly in Europe, cheese is one of the main character of the dining culture. In France for example it...
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The Hungarian State Treasury and the Milk Product Council signed a cooperation agreement
Mészáros József, Chairman of the Hungarian State Treasury (MÁK) and Mélykuti Tibor, Chairman of the Milk Interprofessional Organization and Product Council, signed a cooperation agreement for the development of the...
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Nádudvar flavors again at the Campus Festival
This year, the unique regional cooperation continues between the Debrecen Campus Nonprofit Public Benefit Ltd. and the Nádudvari Food Ltd. The Nádudvari Gasztro Bistro and the Nádudvari Gastro Theater will...
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SPAR’s It’s a Joy To Give! campaign was recognized
The “It’s a Joy To Give!” charitable campaign of SPAR Magyarország and the Hungarian Maltese Charity Service has been given a prestigious recognition. At the professional advertising festival of the...
Read moreMazars consumption-type taxes have an increasing role in the region
Governments in the region are increasingly relying on consumption-type taxes. There is a large dispersion in corporate tax rates, and the way in which the tax base / tax is...
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