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Sunflower production is good, but it is worth to store the crop, due to the low prices
In the second week of September, the harvesting of sunflower seeds has begun. According to the data so far, crops will not be outstanding because of drought, but due to...
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40 billion HUF for detergents, 20 billion HUF for fabric softener
The retail sales of detergents were below average, while the retail sales of fabric softeners showed an above the average growth in domestic retail trade between August 2016 and July...
Read moreAgrarian expert: new impetus for agricultural investments
Agricultural investments have been further boosted: in the first half of the year the value of agricultural investments grew by 30 percent – Fórián Zoltán, senior agricultural expert of the...
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KSH: gross gross earnings grew in July by 13.1 percent
In July, gross average earnings grew by 13.1 percent, compared to the same period of the previous year. The growth rate of earnings slowed a slight decrease after the 14.4...
Read moreThe large state company has started to buy grapes in Tokaj
This year’s grape purchasing was started at the state-owned Grand Tokaj Zrt, which is the largest recipient of the Tokaj wine region – agrarszektor.hu wrote. The company pays 100 HUF...
Read moreThe Takarékbank has raised its economic growth forecast this year
The Takarékbank (Savings Bank) is expecting a further boost in investment, raising this year’s GDP growth forecast from 3.9 percent to 4 percent, and next year forecasting 4.2 percent instead...
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Fazekas Sándor discussed about the further expansion of agricultural relations with his Japanese counterpart
The further enlargement of agricultural relations was discussed between Fazekas Sándor Minister of Agriculture and his Japanese counterpart Taniai Maszaaki, Minister of State of Japan’s Ministry of Agriculture, Forestry and...
Read moreNGM: 45 SMEs received 5 billion forints development support
In order to improve its competitiveness and research and development 4.5 billion HUF were given as research and development support to 15 small and medium-sized enterprises (SMEs) in Pest county....
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The government is also helping the SMEs entering the stock market
The government supports the companies interested in entering the stock market with two initiatives – Rákossy Balázs, Minister of State of the Ministry of National Economy said at the meeting...
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Magazine: The Netherlands is one of the driving forces of the world market
The Netherlands is the world’s 5th biggest product exporter and in 2016 the country exported goods in the value of nearly USD 668 billion – this sum represents 3.5 percent...
Read moreOutstanding quality wine yield is expected this year
About 2.8 million hectoliters wine yield is expected in Hungary this year, which is similar to last year’s harvest – Kiss Eliza, Ministerial Commissioner for special oenological tasks at the...
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MNB: Card payment transactions grew by 25 percent in the second quarter
Payment card purchase turnover increased by 25 percent in the second quarter of this year, exceeding all previous growth rates – the National Bank of Hungary (MNB) announced on Monday....
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MGYOSZ: lack of specialist means the biggest limit for growth of companies
According to the survey of MGYOSZ, 92 percent of the company executives indicated the lack of specialists as the biggest obstacle of growth. The National Association of Employers and Industrialists...
Read moreFazekas: Far East markets are promising
Relationships with the Far East markets are promising – Fazekas Sándor, Minister of Agriculture told M1 news channel on Tuesday. The Minister drew attention: Japan is the guest of Honor...
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Nougat slice infected with with glass
A customer found a piece of glass in Germany in a nougat slice that was manufactured in Germany. The National Food Chain Safety Office (Nébih) announced on Monday that the...
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Bananas in danger
One of the most popular fruits of the world is endangered by an aggressive mushroom specie, complete extinction is in the pile, but fortunately there is still hope – penzcentrum.hu...
Read moreFAO: Wheat and meat push FAO Food Price Index higher in June
Global food commodity prices rose in June, led by wheat and meat prices. The FAO Food Price Index, a monthly trade-weighted index tracking international market prices of five major food...
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Magazine: Consumers appreciate more layers
Taking a closer look at the sales trends in various household paper product categories, we can see that the market has been expanding steadily. Value shares have been growing faster than...
Read moreGood quality wine is expected
About 2.8 million hectoliters wine yield is expected in Hungary this year, which is similar to last year – the Minister of Agriculture told MTI in Szekszárd, on Friday. Kiss...
Read moreKSH: the dynamic expansion of the Internet market continues
The dynamic growth of the Internet market continued in the second quarter; the number of subscriptions exceeded 9.1 million and was 8 percent higher than one year before – according...
Read moreCooperation agreement for the development of agricultural training
The Ministry of Agriculture (FM) and the National Chamber of Agriculture (NAK), the agrarian training institutes of the region and small and medium enterprises in the area have signed a...
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World Export Development Forum: with over a 100 business meetings
The World Export Development Forum (WEDF), the flagship event of the Geneva-based International Trade Centre (ITC), will be held in Budapest, Hungary, on 25-26 October 2017, hosted by Hungary’s Ministry...
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Nébih: Albanian bakeries do not pose a food safety risk
The Albanian bakeries do not pose a food safety risk – the National Food Chain Safety Office (Nébih) informed MTI on Friday. Nébih’s communication states: “Based on the experience of...
Read moreThe domestic market has a key importance to large companies
The domestic large companies’ profitability depends on mainly the domestic demand while the decisive public burdens are no longer affect the companies sensitively. The forint’s exchange rate fluctuations and inflation,...
Read moreThe consumer sentiment has deteriorated in the United States
The consumer sentiment in the United States decreased in September – the regular monthly survey of the Michigan University revealed. The preliminary results were published on Friday. In September, the...
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Smart hairbrush and UV patch
At the Viva Technology conference in Paris La Roche-Posay have introduced their latest innovation, called My UV Patch, a sensor that is put on the skin and monitors UVA and...
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Magazine: Pork and cheese prices increased the most in one year
In July 2017 consumer prices were 2.1 higher on average than in July 2016. Food prices grew by 3.3 percent – pork cost 12.7 percent more and we had to...
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So far, the Nébih has issued a report on fipronil-free production in case of 15 egg companies
The National Food Chain Safety Office (Nébih) has begun issuing test reports for egg market companies who have stated that they do not use fipronil based insecticides or ingredients containing...
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K&H: it is time to modernize fruit plantations
The changes in the price of agricultural products for cereals and animal products did not surprise, but there is a very serious change in fruit and vegetables, which draws attention...
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KSH: the employment rate of the 15-64 age group improved to 67.6 percent in the first half of the year
The employment rate of the 15-64 age group improved in the first half of this year, up by 1.9 percentage points reaching 67.6 percent, compared to the same period of...
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