Events

GKI: territorial differences in purchasing power are significant in the country

Territorial differences in purchasing power are still significant in Hungary. Settlements with higher than average purchasing power are mainly located in Northern Transdanubia and Central Hungary, while the poorer regions...

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The dairy sector expects full VAT cuts

The domestic dairy industry has stabilized and the domestic dairy industry started to grow – Mélykuti Tibor, Chairman of the Milk Product Council said adding that it would be important...

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The inspectors of Nébih withdrew more than one and a half tonnes of fish from the market

More than one and a half tonnes of untracked fish and fish products were withdrawn from commercial circulation during the pre-Christmas checks. The National Food Chain Safety Agency (Nébih) mainly...

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The NKFI Fund supports enterprises and research institutes with sixty-one billion forints

The National Research, Development and Innovation Fund (NKFI) in 2018 supports the innovation, research and development activities of enterprises with a total of 30 billion HUF while the research and...

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FM: an actionable green policy is needed

An actionable green policy is needed, including development such as the KlimAdat project, which serves to map the effects of climate change in Hungary – the Minister of State of...

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Fundraising was revolutionized

Compared to last year, the amount of donations collected from card tips has almost doubled. At the Advent fair at the Basilica, almost everybody have opened their wallets when they...

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The World Bank impoved its Hungarian and global GDP growth forecasts

The World Bank has improved its Hungarian and global GDP growth forecasts for this year. The Washington-based organization estimates that the Hungarian economy will grow by 3.8 percent this year,...

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Compensation for destroyed foil tents

The Ministry of Agriculture provides a total of 100 million forints income substitute support to those whose foil tents were damaged in the October storms of last year. The victims...

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Sushi will be made from the 82 million HUF worth fish

Compared to the records of the previous years, one could get high-quality tuna in Tokyo” at a low price”. At the New Year auction of the world’s largest fish market...

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The amount of herbs decreases

The amount of herbs harvested and grown is constantly decreasing, and in order to reverse the trend there is a need to change both in the field of collection and...

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NGM: retail sales increasing for 53 months

Retail trade is growing for 53 months, and in November, a relatively high 10.2 percent dynamic increase can be observed in case of non-food products, Pomázi Gyula, Deputy Minister of...

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Fish sales may increase by fifteen-twenty percent

The VAT cuts can increase the sales of fish by up to 15-20 percent according to the chain of stores, and consumers can buy carp, catfish or salmon on 17-22...

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KSH: Growth in consumption and investment increase improve imports

The value of exports in euro was 6.1 percent higher in November last year, compared to the previous year, while imports increased by 7.8 percent in November last year. The...

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Wheat can be harvested six times a year

In a new breeding process researchers are trying to speed up the creation of plant varieties that would allow the most important arable crops to produce crops up to six...

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There is also considerable workforce among public employees and retired people

Public employees, retired people and mothers with small children are also a major source of labor for the primary labor market – Cseresnyés Péter, Minister of State of the Ministry...

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Cocoa bean can be extinct

Chocolate may disappear by 2050 due to climate change, according to scientists – but the problem may be solved by genetically engineered so-called super chocolate – origo wrote. Cocoa tree...

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Retail sales in the euro area grew stronger than expected

Retail sales increased in the euro area, greater than expected in November. The European Union’s statistical office (Eurostat) announced on Monday that according to the seasonally adjusted data retail sales...

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Less information on fertilizer packaging

At several points, the Ministry of Agriculture has amended the regulation regulating, inter alia, the information on the packaging of fertilizers. The goal was simplification, but there is still a...

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The global economy has been growing at the fastest pace since 2011

This year, the global economy has been growing at the highest pace since 2011 – according to the latest forecast of the PWC consultancy firm. The organization claims that on...

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Real wages rose over ten percent in Romania

In October, real income in Romania was 10.6 percent higher than in the previous year, according to the Romanian National Statistical Institute. The gross average wage was 3327 lei (226...

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The shopping malls of the future will be community centers

The shopping malls of the future will be community centers. The health, education and entertainment units will be fundamentally part of these community centers – CBRE Estate Consultant’s Retail Future...

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Food consumption also fueled the growth in retail sales

Analysts were surprised to see that the growth in food sales contributed to the dynamic growth of retail sales in November last year, which is expected to be continued this...

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The buffet trucks reached 250 million HUF turnover during the season

Food Truck Show Hungary Kft. achieved a turnover of 250 million HUF between March-September2017, which is a 35 percent increase compared to 2016 – the company told MTI. Growth in...

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The number of employees is close to four and half million

In the three months last September-November, the average number of employees was 4 million 450 thousand, 36 thousand more than a year before. The employment rate of the 15-64 year-olds...

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Agricultural Chamber: Farmers do not have to worry about the unusually hot January weather

Farmers are worried about the warm weather in January, but according to the National Agricultural Chamber (NAK), the warm weather has no negative impact on most plants, because nature is...

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FAO: do good, save food!

FAO has collected nine easy-to-learn tips in an info-graph, that would prevent from increase, but rather reduce the amount of food waste through our everyday decisions. It is worth re-think...

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The European Commission proposes more transparent and predictable working conditions

The European Commission has adopted a new proposal for a directive on more transparent and predictable working conditions, which supplements and updates existing obligations under which workers should be informed...

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Retail sales increased in Romania

In November, the volume of retail sales grew by 11.4 percent, compared to the same period of the previous year – the Romanian National Statistical Institute announced on Monday. The...

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