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More than one third of the young people would work abroad
Date: 2017-10-13 11:04:43

36 percent of young people aged 19-29 are planning to work abroad. However, there are significant differences between the sexes: half of the working men, while only 16 percent of...

9 thousand companies were terminated in the third quarter of 2017
Date: 2017-10-13 11:02:21

Only 9409 companies were ceased in the third quarter of 2017, which is the lowest since 2013. Compared to the domestic firm database of 530,000 companies, the quarterly volume of...

Retail sales increased in the world’s largest economy
Date: 2017-10-13 11:01:58

Retail sales in the United States have risen less than expected, but with the highest extent in the past year and a half in September, according to a statement released...

Magazine: Coop Rally wins the Hungarian Product Grand Prize
Date: 2017-10-13 07:19:35

Coop Rally – the programme that aims at putting Hungarian food production in the centre of attention – has been honoured with the Hungarian Product Grand Prize. The COOP retail chain...

KSH: agricultural producer prices continued to rise in August
Date: 2017-10-12 11:59:42

In August, agricultural producer prices prices rose by 3.2 percent, compared to the same period of last year, representing a 0.6 percent increase in the prices of plant products and...

Fazekas: Hungarian wines can be appreciated due to the loss of grape production in three European countries
Date: 2017-10-12 11:50:42

As in Hungary, the extreme weather also had an impact on grapes in Spain, Italy and France. As a result, 10 to 20 percent less grapes will be produced, which...

Kiwi can be grown in the Mura area
Date: 2017-10-12 11:15:02

In the area of Mura, the former vineyards and semi-detached real estates offer to produce kiwi as one of the recycling possibilities – the Minister of State of the Ministry...

Paprika day in Ópusztaszer
Date: 2017-10-12 11:05:10

The traditional processing of paprika can be seen for those who visit the National Historical Memorial Park in Ópusztaszer on Saturday, Kodácz Csengele, marketing manager of the institution told MTI....

The IMF has improved its global economic growth forecast for this year and next year
Date: 2017-10-12 11:04:51

The IMF minimally upgraded the International Monetary Fund’s (IMF) estimate for this year’s and next year’s growth in the Serial Update of the World Economic Outlook (WEO) publication, which was...

A record potato yield was harvested in Székelyföld
Date: 2017-10-12 11:01:50

The biggest potato production after 1989 was harvested in Székelyföld. In Kovászna county 28 tonnes per hectare, while in Hargita County 26 tonnes per hectare was the average yield. Könczei...

Six-star Gallicoop builds packaging plant
Date: 2017-10-12 10:29:08

Szarvas-based turkey processing company Gallicoop Zrt. invests HUF 1.6 billion (from which 50-percent is state funding) in building a packaging centre. The company, which processes 40,000 tons of poultry meat...

Magazine: Hungarian turkey meat, Hungarian values
Date: 2017-10-12 06:51:56

Gallicoop is a company that creates values and in the last few decades the company proved that high quality Hungarian turkey meat can be sold all over the world –...

Coface upgraded Hungary
Date: 2017-10-11 11:50:59

Hungary has been upgraded by Coface. The credit insurer justified its decision because of the economic growth and the improvement of the business environment. According to Coface’s Thursday announcement, following...

Eight billion forints for half a million liters of hand and facial creams per year
Date: 2017-10-11 11:32:25

Nearly 7 billion HUF worth, ie nearly 200,000 liters of face cream was sold in the Hungarian stores; hand cream sales are close to 1.5 billion HUF and 300 000...

The support of cattle breeders was increased by nearly 10 billion HUF
Date: 2017-10-11 11:22:33

Regarding to the significant over-demand, the Prime Minister’s Office decided to increase the original 20 billion HUF budget to 29.6 billion HUF and the applications of 552 cattle breeders were...

Nébih: the epidemic preparedness of poultry holders has improved but not yet enough effective
Date: 2017-10-11 11:20:50

Although the poultry holders have improved their preparedness for disease control, the overwhelming majority of them continue to meet only the minimum conditions for replanting required by the authority –...

Analysts: September inflation is lower than expected
Date: 2017-10-11 11:17:37

The September consumer price index has become lower than the market expectations, but the increase in core inflation reflects the growing domestic demand, but mostly the growth of the excise...

FM: the Visegrád and the Baltic countries have stood up for the preservation of EU agricultural subsidies
Date: 2017-10-11 11:08:14

The Visegrád and Baltic countries jointly agreed to maintain a strong, two pillar common agricultural policy (CAP) on Monday in Luxembourg at the Agriculture and Fisheries Council meeting – the...

The Vasi wild pear pálinka was given origin protection
Date: 2017-10-11 11:05:42

The Vasi wild pear pálinka has become an origin protected product, within the Origin Protection Program – the Minister of Agriculture announced at the press conference in Budapest in the...

The IMF improved Hungary’s GDP growth forecast for this year and for the next year
Date: 2017-10-11 11:04:37

The International Monetary Fund has improved Hungary’s GDP growth forecast for this year and next year in its autumn global economic forecast. According to the World Economic Outlook, October 2017...

Disadvantaged regions can become the engine of developing economies
Date: 2017-10-11 11:03:24

Disadvantaged regions can become the engine of developing economies. These regions have significant growth potential in food production and other related industries, according to a recent summary of the Food...

The giant pumpkin record may be over 900 kilograms
Date: 2017-10-11 11:00:35

A man from Utah who has loved giant pumpkins since childhood is trying to set a state record for the second time with a nearly 907-kilogram gourd he’s been tending...