News and articles
Whiskey on top
They allow us to honor the important events in our lives and to ensure the lessons of the past are not forgotten. At the Jack Daniel Distillery, this anniversary means...
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Hungarian consumer confidence at six-year record high
The confidence index of Hungarian consumers increased by 7 points from Q2 to Q3 2016 and reached 64 points – the highest level since 2010. In Europe the average of...
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Magazine: Tork and sustainability
Tork is a global brand of SCA, which is one of the world’s leading hygiene and forest products company. SCA is ranked very high on the list of the World’s...
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Magazine: Trendy liver patés
With its annual volume sales around 9,600 tons, the liver paté category is a medium-sized one among meat products. According to Zoltán Szántó, senior product manager of Pick Szeged Zrt.,...
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Moody’s: Growing drink market
According to a report by Moody’s, in the next 1-1.5 years the global drink market will expand by 4-5 percent. They expect a decline in volume sales in certain markets...
Read moreGKI: economic growth may be around 3 percent this year
After last year’s 2 percent, Hungary’s GDP growth will be around 3 percent this year. In particular, due to the restart of the EU support a significant growth will occur...
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The growth of online retailing requires new logistics solutions
We faced the fact already last Christmas that online shopping has become part of everyday life, while e-commerce has become one of the fastest growing sectors. The portfolio.hu asked the...
Read moreFM: The government will continue to treat the position of the farmers as a priority
The government will continue to treat the position of the farmers as a priority. In addition to the EU supports, the Ministry of Agriculture (FM) maintains the system of transitional...
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The earnings of sellers has increased
The earnings of sellers, cashiers, pickers working in stores and department stores increased by 25 thousand forints in November 2016 compared to January exceeding 179 thousand forints, while the in-store...
Read moreThe commercial real estate investments in Hungary grew by 133 percent last year
The value of commercial real estate investments more than doubled last year in Hungary. The Colliers International real estate consulting firm expects a similar active year for this year and...
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KSH: 152 thousand more workers at the end of 2016 than a year before
In the fourth quarter of last year, the number of employees was 4 million 411 thousand, 3.6 percent (152 thousand) more than a year before. The employment rate of aged...
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Coffee cocktail with extras
Sub-zero temperatures, snowfall, frozen roads and never-ending cold. It is still winter, but now everyone is counting the days to the first spring sunshine. Now we present a cocktail, which...
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The deadline for the submission of the fish farming tender was extended
The deadline for the submission of six applications of the Hungarian Fish Operational Programme (MAHOP) was modified. Instead of February, the applicants can submit their support claims until March –...
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Chamber of Agriculture: feeding wildlife in the winter is the interest of the farmers
The winter feeding of the wildlife is not only significant because it helps the animals to survive the hard frosts, but also also serves the interests of farmers. The winter...
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Two hotel chains are expanding in Budapest
The Hilton and Marriott hotel chains reported to open new franchise hotels in Hungary – the origo wrote. The W Budapest luxury hotel will be opposite to the Opera House...
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NÉBIH: fast-food fried potatoes have passed the test
The National Food Chain Safety Office (NÉBIH) checked the conditions of making French fries in shops of four fast-food chains. According to the information provided by the NÉBIH, the inspectors...
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Online wins
A Deloitte survey conducted in 2016 forecasts that e-commerce will be the big winner of this year’s Christmas season. In the USA online sales are expected to grow by 17-19...
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The Starbucks plans to employ refugees
Starbucks chief executive officer Howard Schultz said on Sunday that the company planned to hire 10,000 refugees over five years in 75 countries, two days after US president Donald Trump’s...
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Transparent contactless payment is popular in the vending market as well
The turnover is increasing and purchase becomes transparent at locations where contactless payment is accepted. According to András Méth, head of commerce development at Mastercard, the choice of products and...
Read moreHungarian gray cattle can be registered in Slovakia as well
Nagy István, Parliamentary Minister of State of the Ministry of Agriculture and Csicsai Gábor Minister of State of the Slovak Ministry of Agriculture negotiated over the possibility of the Slovakian...
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Magazine: To-go – to-bike
McDonald’s introduced a packaging solution that latches onto a bike’s handlebars. The new packaging is called McBike and it can hold a hamburger menu. A California student, Seulbi Kim came...
Read moreThe KSH has published the foreign trade figures on cattle
According to the data of the Central Statistical Office (KSH), Hungary’s exports of cattle increased by 11 percent in January-October 2016, compared with January-October of 2015. The main partners were...
Read moreTesco buys the largest British wholesale food company
The Tesco supermarket chain announced a deal to merge with Booker, the UK’s largest wholesale food retailer on Friday. Tesco is valuing Booker at 3.7 billion pounds (4.6 billion USD)...
Read moreThe government encourages the consumption of honey
The government would like to increase the average annual honey consumption of 70 dekagrammes to 1 kilogramme per person within 2-3 years – Nagy István, Parliamentary Minister of State of...
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Generational change is the key issue in the Hungarian agriculture
Like many European countries, Hungary is struggling with the question of succession in agriculture for many years. Addressing the youth is a pressing issue, which need to be addressed as...
Read moreTwenty cigarettes will be in the packs again
Soon cigarette packs containing twenty cigarettes will replace the current packs of 19 cigarettes – the magyaridok.hu wrote. According to the new EU regulations, the manufacturer cannot produce the old...
Read moreThe gardeners were quick
Because of the depletion of the commitment framework, the Prime Minister’s Office suspends the “Modernization of Gardening, Glass and Foil House Construction and Efficiency Increase by Using Geothermal Energy” application...
Read moreTax regulations on primary producers to change
From 1 January this year the rules on agricultural producers’ contribution payment have changed. The National Tax and Customs Office (NAV) draws attention that rules on income earned as advance,...
Read moreThe grapes of the northern shore of the Lake Balaton are at risk
According to local wine producers due to real estate speculators and due to the aging of the plantations the grapes of the northern shore of the Lake Balaton are in...
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Hundreds of kilos of unmarked ewe’s cheese was seized by the NÉBIH
More than 450 kilogram of unmarked, partly moldy dairy products were seized by the experts of the National Food Chain Safety Office (NÉBIH) in Kistarcsa. Hundreds of thousands of HUF...
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