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People over 50 spend three quarters of their income on overhead, food and medicine
In Hungary, people over 50 spend more than three-quarters of their monthly income on overhead, food and medicines, nine percent of their earnings are spent on leisure activities, and two...
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K&H: more than third of young people have savings
More than third of the young people (between age 19-29) have savings, most of them are saving to buy a home – according to K&H’s quarterly survey. According to the...
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FM: 200 million HUF for developing environmentally conscious waste collection approach
A call will be announced for NGOs, local governments and churches to raie public awareness on waste management and the promotion of environmentally conscious thinking – the Minister of State...
Read moreRomania’s retail sales grew by nearly 8 percent
The volume of Romanian retail sales increased by 7.8 percent in the first half of the year, compared to the same period of last year, according to the Romanian National...
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Ifo: the economic mood index of the euro area has reached almost seventeen-year high
The economic indicator of the euro area’s economic climate has not seen an unprecedented level in the third quarter for almost seventeen years, according to data published by the Ifo...
Read morePenny Market has signed a 3 year-long sponshorship agreement with FTC
A Penny Market Ltd., the CEO FTC Soccer Zrt. és a Groupama Aréna have announced wihin the compass of the Lagardére Sports Hungary Ltd. press coference that they have sined...
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FM: the number of producer markets has almost tripled
Thanks to government support, the number of producer markets has almost tripled since 2010 – according to the information of the Ministry of Agriculture (FM), after Nagy István Parliamentary Minister...
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FM: the development of vegetable and fruit growing is an important task
The development of vegetable and fruit growing is an important task – the Parliamentary Minister of State of the Ministry of Agriculture said on Friday in Bősárkány, Győr-Moson-Sopron County. Nagy...
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Nébih: Hungary is not involved in the “Dutch egg case”
Hungary is not involved in the “Dutch egg case” on the basis of current information – the National Food Chain Safety Office (Nébih) told MTI. The Minister of State responsible...
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No significant decrease is expected in the number of food and drink vending machines
No significant decrease is expected in the number of food and drink vending machines, according to the Magyar Posta. More than 27,000 electronic registrations have been received for vending machines...
Read moreBeer production increased in the EU last year
Last year, 39 billion liters of beer was produced in the European Union, 400 million liters more than in 2015. The Union’s beer production was 76 liters per capita in...
Read moreThe focal point of African swine fever is closed by fence in the Czech Republic
The focal point of African swine fever in the Zlin region of East Moravia is closed by fence to prevent the spread of the epidemic, the local government said. There...
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Lidl opens first US stores
In the middle of June Lidl started conquering the US market with 10 stores. A major promotion campaign preceded the launch and the first 100 shoppers got a USD 100...
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Farm development programmes are coming
Funding opportunities in this year’s Farm Development Programme have been announced in June. The programme’s budget is HUF 225 million and the details are available to prospective applicants on the...
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New spice factory opens in Nagytarcsa
Hungarian company Innovofoods Zrt. has built a spice factory in Nagytarcsa. The factory’s production capacity is 10 tons per shift. It cost HUF 500 million to build the new production...
Read moreKSH: growth in retail sales continued in June
In June, retail sales increased by 5.5 percent in year-on-year comparision and calendar effect adjusted increased by 6.0 percent. In the first half of the year, the turnover grew by...
Read moreBeer Association: this year’s beer consumption rises, but it has not yet reached its peak
The hot summer has its impact on the Hungarian beer market, this year beer consumption rises, but it has not yet broke the average consumer peak of the nineties –...
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Heat Wave Fruit: The peach is the favorite in the hot
If there is a heat wave then it’s peach. The warm weather has a strong impact on quality. Excellent flavored fruits are produced this year – the panorama of the...
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Retail sales increased in the European Union
The pace of retail growth in June accelerated both the euro area and in the EU – Eurostat’s figures show. Eurostat estimated that the volume of retail sales, compared to...
Read moreMKIK GVI: Businesses are more positive about their situation
Businesses more positively assess their current profitability, order stock and business position than a quarter earlier, according to the July data survey of MKIK and GVI. The business climate index...
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A bakery in Budapest was closed by Nébih
Because of severe hygiene problems, a bakery in Budapest was closed down immediately by the National Food Chain Safety Office (Nébih). At the on-site inspection of the National Food Chain...
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Growers are ready for the melon season
On 15 June 2017 the Hungarian Association of Melon Growers and the representatives of retail chains met in Dunaharaszti, to discuss the forthcoming melon season. Balázs Győrffy, president of the Hungarian...
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FAO Food Price Index rises further in July
Global food prices rose for the third consecutive month in July, driven mainly by higher cereal, sugar and dairy quotations. The FAO Food Price Index – a monthly trade-weighted index...
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Magazine: Consumer protection: people know less than they think
I know, I have seen it, I have heard it – practically every retailer has already heard these words from complaining customers. What customers tend to forget about is that...
Read more5 million tons of winter wheat was produced this year
The summer harvesting works have been completed in the country. The winter wheat production reached about 5 million tons – the Minister of State of the Ministry of Agriculture told...
Read moreThis year the winegrowers expect more wine and excellent vintage
The Hungarian winemakers expect grape harvest and winemaking exceeding the quality and the quantity of the average of the last five years, thanks to the favorable weather conditions – the...
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MLBKT: BMI declined in July but continues to grow
The seasonally adjusted purchasing manager index (BMI) in July was 54.2 points, meaning that respondents reported more favorable processes than in the previous month – the Hungarian Logistics Purchasing and...
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Italy is the largest ice cream maker in the EU
Among the 28 Member States of the European Union the most ice cream was made in Italy last year. Hungary is ranked 12th – Eurostat statistics show. According to the...
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Melon Day in Ópusztaszer
A Melon Day to be held on Saturday in the Ópusztaszer National Historical Memorial Park, where the guests can taste the fruits. Kodácz Csengele, marketing manager of the institution told...
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Election eligibility can be verified on the portal of the National Chamber of Agriculture
The NAK has compiled a list of electoral constituencies based on the chamber list of 30 June 2017, which is available in searchable form on the public at www.nak.hu. The...
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