News and articles

Deloitte-Scale BankIndex: increasing lending mood

Although the population typically continues to reject lendings, but that the rate of rejection is reducing consistently in fact, more and more people have positive attitude towards lending. The ratio...

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The Nébih seized unmarked vegetables

The National Food Chain Safety Office (Nébih) seized about 86 tons of potatoes and onions in a vegetable packing plant in Pest County – the agency told MTI on Thursday....

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The food prices in Russia are sharply rising because of the embargo

Due to limitation of imported foods from the Western countries, food prices are rising sharply in Russia – Anton Sziluanov Russian Finance Minister stated at the Thursday meeting of the...

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GREY GOOSE® VODKA: a partner in space travel

Richard Branson's privately owned aerospace company, the Virgin Galactic, and the GREY GOOSE® signed a partnership agreement. The special co-operation gives an exclusive insight into the preparation works of the...

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The Great Hungarian Tourism Day has been started in Vienna

The Great Hungarian Tourism Day that is the annual meeting of the Austrian and Hungarian tourism experts has started in Vienna on Thursday. This year the Western and Southern Transdanubia,...

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Hungarian design award for beers

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Cool icecreams from Japan – Video of the day

A quick look at five of our favourite ice creams available all over Japan....

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GKI expects slowdown

GKI Economic Research Zrt.’s summer forecast is that from a growth perspective this year is going to be much better for Hungary than the last few. The main reason for...

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The world’s wholesale markets will meet in Budapest

Budapest will be the host of the World Union of Wholesale Markets’ (WUWM) next meeting on 27-29 May 2015. The event will focus on cooperation between wholesale and retail markets...

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Going uphill

Optimism was reigning in the financial market early autumn. The recession is finally over in the USA. Billions of dollars printed in the last 5 years put the stock exchange...

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Magazine: Hungarian or Domestic – what is the difference?

A couple of years back consumers were attracted by exotic products, but these days they are much more drawn to Hungarian products or those produced in Hungary. In 2012 a...

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GfK: Consumer confidence fell sharply

According to the GfK Consumer Confidence Index, in the third quarter of this year consumer confidence showed a significant decrease of about 15 points. The values of both the consumer...

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Russian embargo: the Hungarian farmers will receive EU support to withdraw more than four tons of fruits and vegetables

The Hungarian farmers can apply for support from the new 165 million worth EU funds opened on Tuesday, to withdraw more than four tons of fruits and vegetables to compensate...

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Poultry meat is healthy

The latest research shows that among the fresh meats poultry meat is the most popular in the Hungarian households. The Agricultural Marketing Centre General Directorate of the Hungarian National Tourist...

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Magosz-chairman: the farmers should be the owners of the processors!

A regulatory system must be developed in which the farmers should be the owners of the processing plants – Jakab István President, of Magosz told reporters on Tuesday after a...

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Czerván György: the poultry industry is growing steadily

On the basis of the result of the rising performance of the poultry sector Hungary is on the third place in the self-supplying ranking of the EU member states. This...

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A Trading House was opened in Montenegro

The newest Trading House was opened in another Western Balkan country, in Montenegro. The Hungarian National Trading House (MNKH) aims to increase its export position in the Western Balkans, to...

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A business center was built in the former tobacco factory in Debrecen

The Lion productive and innovative business center was expanded with a new office building in the former tobacco factory in Debrecen. The 1.2 billion HUF investment was handed over by...

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The consultation of the world heritage management plan of Tokaj-Hegyalja is completed

The public consultation of the world heritage management plan of the Tokaj-Hegyalja historic wine region has been completed. Everyone agrees that the World Heritage title means international rank and honor...

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A big increase in German retail sales

The German retail sales reached the greatest increase of the past three years in August, compared to the previous month – the German Federal Statistics Office, the Destatis announced. In...

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The Siófoki Sconery became the “The favorite sconery of Vénusz near the Balaton” in 2014

The winner of the Vénusz Scone Vote competition’s special prize became the Siófoki Palacsintázó (Siófoki Sconery). The staff of the sconery also awaits the guest at the Piac Placcon of...

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Waitress reality – Video of the day

Morgan and Kristyn are still fighting because of the issues between their boyfriends. Can they salvage their friendship or is it over for good? Episode airs Wednesday at 11/10c. Big...

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‘Experience cellar’ opens in Szekszárd

The Garay experience cellar opened in Szekszárd. The investment was realised from almost HUF 200-million funding from the European Union. Szekszárd’s municipality bought the town’s oldest wine cellar for nearly...

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SMEs investment mood toned down a little

Hungarian enterprises’ investment mood toned down a little: at the moment 56 percent of them plan some kind of development. IT developments are the most popular and it is industrial...

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Beerfestival anno 2014

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Magazine: Making a living with a bakery in Hungary

In Hungary the average basket value in a bakery is between HUF 250 and 380. One bakery generally needs to serve 1,000-1,300 customers to sustain itself. Obviously bigger bakeries located...

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The government pays more than 300 billion HUF EU funds for food development by 2020

In the next six years, the Hungarian government pays more than 300 billion HUF EU funds for food development. Kis Miklós Zsolt Minister of State of the Prime Minister's Office...

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KSH: the GDP growth in 2013 was 1.5 percent

Hungary's gross domestic product (GDP) was 29 HUF 846 billion HUF in 2013, which at constant prices (in real terms) is a 1.5 per cent increase compared to the previous...

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MNB: contactless cards are spreading rapidly

In the second quarter of this year, the turnover of electronic transactions continued to increase, however, the infrastructure of electronic payments has not changed significantly – the latest payment statistics...

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The head of department of FM returns to the business sector from September

Gyaraky Zoltán, was the head of FM’s Food Processing Department, but from September he returns to the business sector and will join to the activities of three organizations. The “MAGYAR...

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