News and articles
Domestic watermelon promotion program starts
The National Agricultural Chamber and the Agricultural Marketing Centre Nonprofit Ltd. launches a promotion program to popularize Hungarian melon. The program is launched with the co-operation of six chain of...
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KSH: gross earnings grew 6 percent in May
In May gross earnings increased by 6.0 percent. Net average earnings increased with a higher extent, due to the changes in personal income tax, by 7.6 percent, compared with a...
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Women employment rate is increasing in Hungary
The rate of female employment in Hungary is increasing, it is slowly reaching the European Union’s average as well – the Minister of State of the Ministry of Human Resources...
Read moreFAO Report: dry areas of the Earth should be handled with special attention
Special attention should be paid to the dry areas of the world, because climate change will further strengthen the negative effects of droughts, desertification and land degradation – the report...
Read moreA decrease in Hungary’s living cattle imports
The chain of stores in Hungary support the market access of the Hungarian producers, but in many cases they are forced to import foreign products, if domestic supply capacities are...
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Monsanto rejected Bayer's takeover offer again
Monsanto formally rejected Bayer’s latest, about 65 billion USD takeover offer, saying the new offer still undervalues the company – portfolio.hu.wrote after MarketWatch. After bidding 122 USD per share for...
Read moreOne hundred and ten thousand boxes of smuggled cigarettes were found in a Bulgarian truck
The finance guards found one hundred and ten thousand untaxed cigarettes in a Bulgarian truck hidden among watermelons on the M43 motorway – the National Tax and Customs Office (NAV)...
Read moreBrexit slows the growth of the world economy
The International Monetary Fund (IMF) expects a slower growth in the world economy, because the Brexit will have an impact not only in the UK but in the developed European...
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The hotel association expects a stronger summer season than last year
The Hungarian Hotel and Restaurant Association (MSZÉSZ) expects a stronger summer season than last year. In the first five months of the year, both the total gross sales both overnight...
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Agrárium 2016: agricultural registry
Farmers could fill out the Agrárium online questionnaire until 29 May and those who failed to do this will have to answer the questions of registry officers between 1 June...
Read moreTourism agency: goal is quality tourism
The government is committed to maintain the Széchenyi Rest Cards, while the 300 billion HUF Balaton resource development will be reviewed if necessary, according to the new tourism strategy, the...
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OTP plans to increase share in the financing of agriculture
Instead of the present 16-17 percent, OTP Bank plans to increase its share to 20 percent in the financing of agriculture by 2020. The bank prefers the crop farming segment...
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Magazine: SMART conference 2016: an abundance of innovations
Budapest was the host of the international SMART conference, where new technology startups and technological solutions had the chance to introduce themselves. Endless and the Hungarian Association of IT Companies...
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Magazine: Polish puzzle waiting to be solved
From time to time the news spreads that Polish produce (apple, potato, etc.) is dumped on international markets, causing price reduction and driving Hungarian produce out of these markets. It...
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The Hungarian dairy sector receives three billion HUF support from the EU
The European Union on Monday decided on the new support package of 500 billion euros for the milk sector. Hungary will be given 2.7 percent (9.5 million euros) of the...
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Food trade’s TV spots reached the highest number of viewers in June among the product categories
The longest average daily TV watching time was measured within the age group over 60, while the the 18-29 age group watched the TV the least. On list price, advertising...
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FM: melon-growing area increased significantly
The National Watermelon Program (launched in 2011) is very effective. The melon-growing area of Hungary, has increased significantly since then, now it is around about 6 thousand hectares – Nagy...
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Hungarians ask cider at the festivals
Ciders are getting more and more popular each year at the festivals, but this year’s number of visitors broke records and the Football Word Cup also gave an impetus to...
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The supermarket chains buy melons from Hungarian suppliers
Tesco buys exclusively watermelons from Hungarian suppliers from 18 July again. The Auchan follows the example as well as Lidl, Aldi, the CBA, the Metro and Spar will only sell...
Read moreRaiffeisen: economic growth will be 2.2 this year and 2.7 percent in the next year
The analysts of the Raiffeisen Bank expect a 2.2 percent economic growth for this year a 2.7 percent for the next year and 2.9 percent for 2018 – Török Zoltán,...
Read moreFM: The development of the national pálinka strategy may begin this year
The development of the national pálinka strategy may begin even this year – Gál Péter, Deputy Minister of State for the Ministry of Agriculture (FM) told in Budapest on Tuesday,...
Read moreAnother three billion forints invests in BAT in Pécs
One of the world's largest tobacco company, the London-based British American Tobacco group significantly expands its capacities and creates 200 new jobs in Pécs with a three billion HUF investment...
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The VIP Zoo Walk of the Real Nature Kft. had many surprises this year again
Why do we need a hair net among the bats? What and how the hippos and giraffes eat? Among other things, those who took part at the traditional Real Nature...
Read moreGerman and Euro Zone business sentiment deteriorated heavily
As the result of the Brexit business sentiment worsened in Germany and in the euro zone in July much stronger-than-expected – according to the Mannheim-based ZEW (Zentrum für Europäische Wirtschaftsforschung)...
Read moreBarley was domesticated on the current territory of Israel
On the basis of genetic analysis of 6,000-year-old seeds found in the Judean desert, an international team of researchers believes that barley was domesticated on the current territory of Israel...
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The great summer check has started
Between early July and late August none of the shopkeepers can go for sure: no way of knowing that the person entering the store is just a tourist on holiday...
Read moreThe most creatve grill campaign of the decade – Video of the day
A beautiful book that you can keep on your shelf or tear to pieces to make the perfect barbecue....
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Online Retailers of the Year announced
SzEK.org, eNet and IVSZ’s 18-member jury selected the best online retailers of the year for the 10th time. In the SME category light source online store Lumenet finished first. The...
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More than 175,000 funding applications submitted
By midnight 23 May 175,355 standard funding applications were submitted for 5 million hectares of land to the Agricultural and Rural Development Agency (MVH). Applications can still be sent between...
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Vast majority of institutions are likely to be closed with a legal successor named
The government has published its decree on which background institutions of various ministries – there are more than 50 – are about to undergo a restructuring. For instance the Agricultural...
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