Events
Important changes have taken place linked to the Hungarian Food Act
XLVI of 2008 on the food chain and its official supervision. The amendment to the Act (hereinafter: the Act) implements the implementation and harmonization of a number of recently adopted...
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Market Day again – the day of the community fairs in Budapest on Erzsébet Square
We are pleased to announce that Erzsébet Square in Budapest will be re-populated on Sunday, June 21, 2020 from 11 a.m. to 7 p.m. In view of the previous high...
Read moreMobile phones were very much needed, clothes not
Commodity statistics show that mobile phones were in dire need during the pandemic as well, with purchases jumping by 28 percent in the first quarter. We were also good at...
Read moreLondon analysts: Hungary’s GDP will reach pre-pandemic levels next year
According to the expectations of London macroeconomic analysts, Hungary will be among the European emerging economies in which the value of gross domestic product (GDP) will reach the pre-Covid-19 level...
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Grace period when checking online account information service
The Ministry of Finance welcomed the initiative of the National Chamber of Agriculture (NAK), so the National Tax and Customs Administration (NAV) will provide a fine-free period for the online...
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Nébih struck on counterfeit food
During the inspection of a shop in the capital, which also sold food, a number of foodstuffs with an illegally extended shelf life, which were therefore considered counterfeit, were withdrawn...
Read moreEU pork production has increased
In March 2020, slaughterhouses in the European Union produced about 2 million tonnes of pork and 600,000 tonnes of beef. This meant a 3.3 percent increase in pork production, compared...
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Here is the vegetarian roast fat
Meat substitutes and artificial meats are on the rise, but they are far from being more sustainable to produce than most meat products. – hvg.hu wrote. Almost one in four...
Read moreFidelity: sustainable capitalism
In the summer of 2019, the Business Roundtable, made up of key U.S. business leaders, questioned the decades-old dogma that a company is solely accountable to its shareholders and advocated...
Read moreRussian cucumber and tomato crops have jumped
Nearly 30 percent more vegetables have been harvested in Russian orchards so far in 2020 than in the same period of 2019 – agrarszektor.hu wrote. The largest share comes from...
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A German hospital was given herring as a gift
In a unique way, the Dutch government thanked a German hospital for taking over the care of several coronavirus patients: four thousand young salted herrings were sent to the hospital...
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POPAI news
Idehallgass! podcast series reloaded You can still listen to the 10-part podcast series Retail Decoded on the Shop! website and on Spotify. As a reaction to the pandemic, a new...
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Malév GH Zrt. is over
Malév GH Zrt. is terminated, and the government has decided to initiate liquidation proceedings in order to wind up the company without a legal successor, the Magyar Nemzeti Vagyonkezelő Zrt....
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MNB: turnover with bank cards increased significantly in the first quarter
In the first quarter, the domestic turnover of bank cards increased by 13 percent in number and by 23 percent in value compared to the same period of the previous...
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Foreign investment has stalled in Europe due to the crisis
One-third of foreign investment launched last year in Europe has stalled as a result of the current global economic crisis, according to EY’s latest European Attractiveness Survey (FDI). According to...
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Summer daydreaming with Stella Artois
Stella Artois is celebrating the start of summer with a weekly audio series hosted by talk-show star Andy Cohen while offering discounts on beer. Cohen narrates the “Daydreaming in The...
Read moreITM’s performance in Hungary in terms of network coverage and Internet use has improved
Hungary’s performance in network coverage and Internet use has improved significantly, according to a report from the European Commission, the Deputy State Secretary for Infocommunications of the Ministry of Innovation...
Read moreMorgan Stanley expects a rapid economic recovery
the performance of the world economy has entered a new phase of growth and by the fourth quarter it will return to pre-coronavirus levels – according to Morgan Stanley. Economists...
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More than half a million forints for a Japanese melon
For the third of the previous record price, ie 220 thousand yen (626 thousand forints), a Densuke melon was sold at the season-opening melon auction in Japan. 71 melons were...
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The euro area’s foreign trade surplus fell to a fraction in April
In April, due to the demand-reducing effect of pandemiological restrictions, the euro area foreign trade surplus shrank more than expected to a fraction of a year earlier, according to a...
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More than 18 tons of infected meat were recalled in the US
Several U.S. newspapers reported that more than 18 tons of minced beef had to be recalled in New Jersey, as the U.S. Department of Agriculture’s Food Safety and Inspection Office...
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Plants with genetically encoded autoluminescence
Autoluminescent plants engineered to express a bacterial bioluminescence gene cluster in plastids have not been widely adopted because of low light output. We engineered tobacco plants with a fungal bioluminescence...
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Shrinking selling floors, growing backrooms, hybrid stores
Backrooms will grow to fill online orders and retail floors will become smaller and more focused on shopper experiences, according to one branding and design expert. Expanding e-commerce and turning...
Read moreNébih: the durability of food appreciated during the emergency
In the pandemiological emergency, the durability and packaged nature of food increased and the products needed for home baking and cooking came to the fore, -the National Food Chain Safety...
Read moreAgricultural purchase prices continued to rise
In April, the average purchase price of agricultural products was 12.8 percent higher than a year before. After a 10.3 percent rise in March, double-digit growth was measured again, according...
Read moreNAK less than expected cherries will grow this year than average
This year, due to the spring frosts, less than the average cherries will grow: about 45-50 thousand tons of cherries – the National Chamber of Agriculture (NAK) told MTI on...
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According to two-thirds of Hungarians, the economy will recover from the coronavirus in one year, while the pharmaceutical industry is the most crisis-resistant.
Hungarians are optimistic about the economic outlook: the vast majority say that the economy will reach its pre-coronavirus performance by this time, according to a national representative survey commissioned by...
Read moreAlready in March, the labor shortage from the shops also disappeared
The number of job vacancies plummeted in the first quarter, falling to the level of five years ago – blokk.com wrote. The coronavirus also swept away vacancies. + From the...
Read moreChamber of Agriculture: harvest may begin in two weeks
The summer harvest can begin with the harvest of winter barley in two weeks, if there is no significant cooling in the coming period, said the president of the field...
Read moreThe obligation to report the acquisition of foreign ownership prolongs investment transactions
A decree at the end of May makes the acquisition of foreign shareholdings in so-called strategic companies subject to a ministerial licensing obligation. The government’s goal is to ensure that...
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