News and articles

Television advertising spendings in Hungary increased by three percent last year

The television advertising spendings in Hungary increased by about three percent and amounted to 51.581 billion HUF last year – was said at the press conference ofthe Hungarian Electronic Broadcasters...

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FM: Russia is a major agricultural partner for Hungary

Russia is a key partner of Hungary in the field of agriculture and the food industry, despite the fact that the trade embargo makes the relationship between the two country...

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The number of dairy cattle is increasing

In the second half of 2015 the growth of the cattle population and the number of dairy cattle both increased significantly – Magyar Idők wrote. According to the report of...

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The assets of the Hungarians increased by four hundred thousand last year

At the end of 2015 the net financial wealth of the households was 32 409 billion HUF, according to the data of the National Bank of Hungary (MNB). This is...

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The OECD again worsened forecasts for global economic growth

Within three months, the OECD worsened the global economic growth prospects for the second time, on the “basis of the disappointing recent data.” The Organisation for Economic Co-operation and Development...

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The national championship of food makers and waiters in Tata

A national culinary championship will be held on Saturday in Tata under the Farsang Kupa name. At the event, the crowd can watch the competing works of 200 chefs, confectioners,...

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McDonald's tries to attract South Koreans with Beer

According to a company statement, customers who purchase a Signature Burger EVM at the Pangyo Techno Valley restaurant in Gyeonggi province can swap out the normal soft drink with a...

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Russian vodka exports fell

Russian vodka and spirits exports decreased to their lowest level in a decade – the origo.hu wrote. Referring to the Russian customs data the Russian Kommersant economic newspaper reported that...

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The robots are replacing human workforce

A respectable professor drew attention to a process that is endangering the of human society: 30 years later, every second job will be carried out byrobots – the mfor.hu wrote....

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Trade competitions

A confectionery product competition will be part of the programme at the BaGaTech 2016 trade show. Organised by the Guild of Hungarian Confectioners and named after János Pataki (the guild’s...

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The chef who went away, came back and opened their own store – Video of he day

Chef Timothy Hollingsworth — former chef de cuisine at Thomas Keller’s The French Laundry —opened his own restaurant in Los Angeles in December 2015 and is already making waves. Otium is a...

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Széll Tamás, the chef of Onyx came into the finals of Bocuse d'Or Europe

Széll Tamás, the chef of the Onyx Restaurant in Budapest won the Hungarian finals of the Bocuse d'Or international chef competition on Thursday in Budapest, and thus the opportunity to...

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Croatian Chamber of Economy and NAK sign cooperation agreement

The Croatian Chamber of Economy and the Hungarian Chamber of Agriculture (NAK) have signed a cooperation agreement in Zagreb. One of the agreement’s most important objectives is to help farmers...

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Planned public funds authority is a problematic idea

According to László Zara, president of the National Association of Tax Advisors and Bookeeping Service Providers (MAKSZOE), the idea of establishing a new government authority to fight tax fraud and...

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Magazine: Migrants in the labour market: crisis or opportunity?

Last year more than 1.2 million people asked for asylum in the European Union, twice as many as in 2014. Many experts say that from an economic and labour market...

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No recovery is expected this year in the canned and frozen vegetables sector

This year, experts do not expect a rise in the cultivation of sweet corn, green peas and green beans that are mainly sold on export markets. The decrease is due...

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FruitVeB: the current weather does not cause major problems

The current weather – relatively warm and rainy – still does not cause major problems in the cultivation of vegetables or orchards – the Chairman of the Hungarian Fruit and...

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Fazekas: new farmer supporting program starts

The Agricultural and Rural Development Agency (MVH) launches a new farmer-friendly program in order to support the work of the farmers – Fazekas Sándor Minister of Agriculture said on Tuesday...

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K&H: more people are optimistic about their financial situation

The assessment of the current financial situation, as well as the short and long-term financial security turned slightly positive. This is the main reason that K&H’s secure future index increased...

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Lending for growth programme helps many businesses

The Lending for Growth Programme (NHP) managed to stop the shrinking of the loan stock: thanks to the NHP about 31,000 small and medium-sized enterprises have been granted loans. According...

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MAZARS: even 50 percent tax duties may be imposed on the poorly organized prize winning actions

Domestic consumers can also meet with promotional discounts every minute that are offering complimentary gifts, guaranteed prize or lottery to participate. “The announcers of the promotions do not count with...

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The number of mini-breweries increasing rapidly in the Czech Republic

The number of mini-breweries increasing rapidly in the Czech Republic, their number increased by 56 since the beginning of 2015 and amounted to 302 now – said Jan Surán, chairman...

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Unverified Polish potatoes were found again

An entrepreneur in Újfehértó was caught once again, after unverified, Polish potatoes were found at the fruit and vegetable wholesaler again. The National Food safety Office and the National Tax...

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Farm fun and pork dishes at the first Sticker Festival of Budapest

Domestic and international food products made of Pork, craft foods, concerts and farm fun await the visitors of the first Sticker Festival of Budapest from Friday to Monday in the...

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American breakfast – Video of the day

Eater editor Farley Elliott is back with another episode of Eat the Menu, where he forgoes the hardest part of dining out (choosing what to order) by rounding up all...

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Illegal tobacco cutting factory was found in Szabolcs county

Finance guards found an illegal tobacco cutting plant in Szabolcs-Szatmár-Bereg county – Magyar Norbert, press officer the National Tax and Customs Authority told MTI. Magyar Norbert said that the finance...

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The Italian coffee king was buried inside a Bialetti pot

The 93-year-old Bialetti passed away on 11 February and according to La Stampa his children, Alessandra, Antonello and Alfonso, decided to put his ashes inside one of the pots that...

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Cutthroat competition on the Chinese smartphone market

Smartphone sales in China increased last year, while the ranking of the manufacturers has changed. Smartphone sales in the fourth quarter increased by 7.9 percent in China year on year...

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Prologis Announces Full Year 2015 Activity in Central & Eastern Europe

Prologis, Inc., the global leader in industrial real estate, today announced full-year 2015 activity in Central and Eastern Europe (CEE). Operating Performance The company leased 1.75 million square metres in...

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