News and articles
Chinese tourism to the EU has increased threefold
Chinese tourism in the European Union has tripled over the past ten years, and the number of guest nights spent by Chinese has reached nearly 25 million in 2016 –...
Read moreChina is building giant animal farms
Big pig farms are planned to be set up in China – agrarszektor.hu wrote. The development ideas fit the plans of the Chinese government for the agricultural development of the...
Read moreThe NGM and the MNB are expecting a GDP growth of around 4 percent in 2017
The Ministry of National Economy (NGM) and the National Bank of Hungary (MNB) expect a GDP growth of around 4 percent in 2017. At the Central and Eastern European Forum...
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The price of fish decreased in the vast majority of shops, due to the VAT reduction
In the vast majority of shops, fish prices decreased by 10 to 15 percent due to VAT cuts – the Managing Director of the Hungarian Aquaculture and Fisheries Interbranch Organization...
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Early Easter brings more expensive lamb
Because of the early Easter, sheep farmers are expecting a strong demand and price increases in foreign markets – Magyar Idők wrote. Although there are still a long two months...
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Heppenheimer is the top egg
This year, the Heppenheimer Egg was awarded with the Gold Ribbon Quality Certification. The trademark indicates the exceptional quality and flavor, and the goal is that the product awarded with...
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Ferrero bought Nestlé’s American confectionery business branch
The Ferrero Group and its affiliated companies (“Ferrero”), a global confectionary group, today announced a definitive agreement pursuant to which it will acquire the U.S. confectionary business from Nestlé for...
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The postal and courier fees are getting more expensive
In the third quarter, the price of postal and courier services in Hungary increased by rocket speed. In the first two quarters of the year, this sector also produced the...
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Syngenta’s drought tolerant maize tested in the desert is available in Hungary
This year, Syngenta’s new, worldwide tested drought tolerant corn hybrids are also available in Hungary. The Artesian Technology opens a new chapter in the company’s ever-growing corn portfolio. “Syngenta places...
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The Lactalis baby milk powders will be withdrawn in Hungary
The baby milk powder made in the Craon plant of the French company Lactalis will be withdrawn in Hungary – the National Food Chain Safety Office (Nébih) announced on its...
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Huawei has increased its smartphone sales in Europe by 20 percent
Last year, China’s Huawei Technologies Co. Ltd. mobile telecommunications equipment manufacturing and service company increased its sales by more than 15 percent worldwide, and smartphone sales in Europe increased by...
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Six perfect glasses of beer in less than 10 seconds – Video of the day
This Austrian-developed machine is designed to pour up to six perfect glasses of beer in less than 10 seconds – making it ideal for sports, concerts, and other events where...
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Szállás.hu: record-breaking growth last year in the tourism market
Domestic tourism ended with growth record last year, rising by 15 percent in 2017. 70 percent of guest nights were for 1-2 days – according to the comprehensive annual analysis...
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Tourist houses can be renewed from nearly 3 billion forints
Tourist houses, forest lodges can be renewed from nearly 3 billion forints across the country over the next two years. The developments are affecting six forestry sectors – the government...
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The legend of arabica and robusta
A fruity and flowery espresso with malty cereal notes. This flavourful espresso is packed with notes of ripe fruit, fresh flowers and malty cereal. If you’re after a velvety body,...
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The National Chamber of Agriculture has successfully closed last year
The National Chamber of Agriculture (NAK) has successfully closed last year, and many of the measures to ease the economy have been created at the initiative of NAK – the...
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The Jéger may bring significant savings
It is good news for the farmers that the ice-hunting system, the Jéger will be launched nationwide at the beginning of May. The system is currently under development – Magyar...
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The National Machine Financing Program of the MFB is launched
The National Machine Financing program of the Hungarian Development Bank (Magyar Fejlesztési Bank) was launched. The framework of the loan and lease programs with a preferential interest rate is 80...
Read moreWebEye counts on the significant transformation of the logistics industry
In the next 5 to 10 years, the WebEye Telematics Group, developer of vehicle tracking systems, anticipates a major transformation in the logistics industry. According to the statement of the...
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Eurozone and EU inflation accelerated in November
In line with the expectations in November, the annual increase in consumer prices in the euro area was 1.5 percentage points higher than the preliminary data and 0.1 percentage points...
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There are new opportunities to preserve soil moisture
There are several processes and preparations that are able to preserve soil moisture, so farmers can cultivate crops where there is no possibility to irrigate – Fazekas Sándor, Minister of...
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The Hungarian gaming market was expanded by 4 percent last year according to the Regio Játékkereskedelmi Kft.
The traditional games market was expanded by about 4 percent last year in Hungary and exceeded 45 billion HUF – according to the preliminary estimate of the Regio Játékkereskedelmi Kft....
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World stars and distilleries
The stars of the world are not just trying to earn money in their own field of expertise, say, on the football field or in the movies, but also earn...
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The European Parliament proposes to ban electric fishing
The European Parliament (EP) in its plenary meeting in Strasbourg called for a ban on electric fishing in Europe on Tuesday. When electric fishing, electric wires are hung into the...
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KSH: Tourism grew by 7.1 percent
In November last year, the number of nights spent by foreign guests increased by 8.7, while the number of domestic guests increased by 5.6 percent, compared to a year before,...
Read moreMcDonald’s is getting greener
McDonald’s has made two major environmental announcements over the past few weeks – origo wrote. The company will replace its cups and trays with foam products by the end of...
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Cafeteria: the range of services available is expanding
The cafeteria system does not change significantly this year, compared to last year. But at some points the range of services available is expanded – penzcentrum.hu wrote. According to a...
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The growth of agricultural producer prices has accelerated
In November last year, agricultural producer prices increased by 7.7 percent, compared to the same month of the previous year. The price of herbal products increased by 8.6, while the...
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The wage negotiation between SPAR and KASZ was successful
SPAR Hungary – a retail chain that employs nearly 13,000 people – and the Trade Union of Commercial Employees (KASZ) have reached an agreement on increasing workers’ salaries. The minimum starting...
Read moreHungarians are banking online below average
More than half of Europe’s adult population (51 percent) have used netbanks in 2017. Since 2007, this ratio has doubled – portfolio.hu quoted Eurostat’s data. There are places where 90...
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