Events
NAK expands its marketplace search service
Date: 2018-05-25 15:38:00
Farmers’ markets are increasingly popular: there are 260 of them in Hungary at the moment. On the website of the Hungarian Chamber of Agriculture (NAK) – www.nak.hu – shoppers can use a ‘Marketplace...
Read more
NAK: next rural development program would require a subsidy of 2000 billion HUF
Date: 2018-05-25 11:45:20
According to the program proposal of the Hungarian National Agricultural Chamber (NAK) aimed at the long-term development of the Hungarian agro-food and food economy, the following rural development program would...
Read more
The rise in earnings lags behind expectations
Date: 2018-05-25 11:30:39
The rate of rise in earnings fell somewhat behind analysts’ expectations in March. One of the reasons of this was the base effect, that the rate of increase of the...
Read more
CIB: growth is expected to be around 4 percent this year
Date: 2018-05-25 11:25:08
This year, CIB Bank analysts report an economic growth may be close to four percent, with inflation below three percent, and loose monetary policy – Trippon Mariann, chief analyst of...
Read more
The turnover of freight transport is exceeding 2000 billion forints in Hungary
Date: 2018-05-25 11:15:11
Freight transport contributes with about 6.5 percent to the gross domestic product of Hungary, according to the preliminary data. The turnover of the sector exceeded 2000 billion HUF last year,...
Read more
They are looking for the best pálinka of the country in Komárom
Date: 2018-05-25 11:10:44
This year’s Pálinka Country Tasting begins on Monday in the Monostori Fortress in Komárom, where hundreds of pálinkas will be judged – the organizers informed MTI. During the multi-day tournament,...
Read more
Bakator wine and gastronomic festival in Bihardiószeg
Date: 2018-05-25 11:06:44
The Bakator wine and gastronomic festival was organized for the second time by the local council of Bihardiószeg on Saturday in the garden of the local Zichy castle. This year’s...
Read more
The European Commission has proposed amending the VAT rules and alcohol tax
Date: 2018-05-25 11:05:01
The European Commission has proposed a modification of the rules on value added tax (VAT) and the reform of EU rules on excise duties on alcohol – the EU commission...
Read more
Nielsen chart of Month
Date: 2018-05-25 11:00:28
If they have money left after covering the monthly costs of living, 28 percent of Hungarians save money, 25 percent refurbish their homes and about 20 percent pay back debts...
Read more
Milk campaign reloaded
Date: 2018-05-25 10:38:01
The Ministry of Agriculture, the Agricultural Marketing Centre (AMC) and the Milk Interbranch Organisation and Dairy Board have started their spring milk campaign: a ‘Milk Truck’ will turn up at...
Read more
Demand towards organic products is growing in Europe
Date: 2018-05-25 10:35:59
Demand is bigger towards organic products in the richer Western European countries, on the one hand and on the other hand, they are more capable of supporting organic farming, which...
Read more
3.1 billion forints remained available on SZÉP cards until the end of May
Date: 2018-05-25 10:25:24
After Pentecost, the amount remaining to be spent on the SZÉP cards was still around 3.1 billion forints – the card issuing financial institutions informed MTI. According to the rules,...
Read more
Invitation to the 15th Electronic Commerce Conference
Date: 2018-05-25 09:55:52
The 15th Electronic Commerce Conference will be held on 5-6 June. The Electronic Commerce Conference is a prestigious event every year for the entire e-commerce profession. The conference with its...
Read more
Magazine: Energy is flowing
Date: 2018-05-25 07:52:37
Energy drinks is one of the most dynamically growing alcohol-free drink segments. Coca-Cola HBC Magyarország Kft.’s commercial excellence leader Gábor Ivády informed us that the young generation knows this category well...
Read more
KSH: the retail data has become even better
Date: 2018-05-24 11:50:37
The raw volume of retail sales grew by 8.7 percent in March. The calendar effect adjusted volume of retail sales increased by 7.3 percent – mainly due to Easter –...
Read more
Nielsen: Budapest spins on energy drinks
Date: 2018-05-24 11:35:41
The consumption of essentially popular energy drinks rises with the coming of the exam period and the festival season. The category’s turnover was over 28 billion forints between April 2017...
Read more
The hail damage mitigation system also covers lands beyond the borders
Date: 2018-05-24 11:23:06
The extension of the national hail damage mitigation system that would also cover fields beyond the borders is under discussion. Nowadays, such demands have been formulated in Transcarpathia and Transylvania,...
Read more
The program for raising financial awareness has started
Date: 2018-05-24 11:09:12
The preparation of the participating teachers was started for the program. This autumn, a motivational point system developing financial awareness is tested with the involvement of 600 students in five...
Read more
OKISZ General Assembly: perceptible development of SMEs is needed
Date: 2018-05-24 11:07:44
The General Assembly of the Hungarian Industry Association (OKISZ) Wednesday called for the perceptible development and support of SMEs and the creation of the conditions for wage convergence. Vadász György,...
Read more
By 2020 all L’Oreal products would be made from renewable raw materials
Date: 2018-05-24 11:01:00
As one of the leaders in the cosmetics and beauty industry, L’Oréal’s new sustainability program has determined that by 2020 all of the company’s products will be made from renewable...
Read more
AI creates jobs, yet talent crisis remains, according to EY poll
Date: 2018-05-24 10:32:20
Business leaders are optimistic about the impact of artificial intelligence (AI) on job creation, according to a poll by EY conducted at the EmTech Digital Conference, produced by MIT Technology...
Read more
KSH: earnings grew by 12.4 percent in the first quarter
Date: 2018-05-23 11:55:54
With the 11.3 percent increase in March, earnings grew by 12.4 percent in the first quarter of this year compared to the same period of last year – the Central...
Read more
The price of pálinkas may increase by 10 to 20 percent because of the NETA
Date: 2018-05-23 11:12:19
If the public health product tax (NETA) should also be extended to these products it would increase the consumer prices of pálinka and herbal sparkling liquors by ten to twenty...
Read more
A new fruit processing plant was handed over in Berkenye
Date: 2018-05-23 11:07:16
A new fruit processing plant was handed over by the Village Cooperative of Berkenye in Nógrád County. MTI Photo: Komka Péter The co-operative has processed 2800 tons of goods last...
Read more
Production of oilseeds is good for Ukraine
Date: 2018-05-23 11:05:23
The area of sunflower growing in Ukraine is growing steadily, approaching the technologically possible ceiling. However, there is still a potential for growth in yields. The ripening of the rape...
Read more
Nébih closed an illegal pizzeria in Gödöllő
Date: 2018-05-23 10:55:09
The National Food Chain Security Office (Nébih) closed an illegal pizzeria in Gödöllő, the business was operated without tax number and without permission, without the respect of technical hygiene and...
Read more
China can be self-sufficient from pork soon
Date: 2018-05-23 10:25:58
It is not too good news for the German and the Hungarian pig-market players that the number of pigs that are released in China increases by 4-7 million every year...
Read more
Weak fruit production is expected due to spring frosts
Date: 2018-05-23 10:25:56
The spring frosts mostly damaged the apricot, and it is estimated that due to the significant sprout damages, only relatively weak yields of between 10 and 20,000 tonnes can be...
Read more
Magazine: They dare to innovate
Date: 2018-05-23 07:52:48
According to the Association of Hungarian Brewers (MSSZ), members sold 2 percent more beer in 2017 than in 2016. Sales of cheap beers kept decreasing and mainstream beer sales grew by...
Read more
Varga Mihály: competitiveness and productivity improvement is the most important task of the coming years
Date: 2018-05-22 11:58:09
Improving competitiveness and productivity in the coming years is the most important task in Hungary – Varga Mihály appointed Finance Minister told, adding that the competitiveness of the Hungarian small...
Read more