Events
Agricultural investments expanded dynamically in the first quarter
The investments of farmers in the first quarter of this year have increased significantly, which has a positive impact on the competitiveness of the sector – the Ministry of Agriculture...
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Nearly 900 billion HUF for agri- and rural development grants in 2018
In next year’s budget, the amount of agricultural and rural development funds is close to 900 billion HUF, 51 billion HUF more than this year – the Minister of Agriculture...
Read moreDeputy MInister of State: Strong producer communities are needed for the development of vineyards
The development of vineyards requires strong farming communities – Gál Péter, Deputy MInister of State of the Ministry of Agriculture (FM) said on Friday at the Budapest European Conference of...
Read moreGarantiqa: Every second small business plan to invest
One third of domestic micro-enterprises, more than half of small businesses are planning to invest in the next year, according to the nationally representative survey of the Garantiqa Hitelgarancia Zrt.,...
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Consumer prices in the euro area and in the EU increased at a slowing pace in May
Annual comparable consumer prices increased in the euro area and in the European Union in May. According to figures, published by the European Union’s Statistical Office (Eurostat) on Friday, consumer...
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Italian beauty care and cosmetics
Hungary hosted the “Italian Beauty & Care Day” event for the first time, which took part at the Boscolo Hotel in Budapest. The organizer of the event was the ICE-Agenzia...
Read moreThe NAV seized more than seven million HUF worth untaxed cigarettes
The National Tax and Customs Administration’s (NAV) finance officers found about seven thousand packs of untaxed cigarettes at the Kőbánya Railway Station Two men wanted to transport the cigarettes with...
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The deficit of the Romanian agro-foreign trade balance was around 75 percent in the first quarter
In the first quarter, the deficit of Romania’s agricultural and foreign trade balance grew by almost 75 percent to 460.37 million euros, according to the data of the Romanian Ministry...
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Anti-food waste practices to be rewarded at OMÉK
At the 78th National Agriculture and Food Exhibition (OMÉK) – to be held between 20 and 24 September 2017 – the best practices in fighting food waste will be rewarded....
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Magazine: The most influential retail trends in 2016
How did Hungarian FMCG retail perform in 2016? Value sales improved by 2.8 percent if compared with the 2015 level. Volume sales dropped 1.1 percent and prices augmented by 3.9...
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Good quality melon will be harvested this season
Thanks to the long-lasting warmth, the Hungarian melon production will have a good quality this year again – the National Agricultural Chamber (NAK) told MTI. In Hungary – basically because...
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Price difference between the EU Member States is almost threefold
There were very big differences in the price level of goods and services in the various Member States of the European Union last year: Denmark was the most expensive and...
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MNB: almost two-thirds of the card purchases were contactless payments
The expansion of electronic cash flow in the first quarter of 2017 continued to rise: contactless payment has become dominant, 63 percent of the purchases were carried out this way,...
Read moreLand turnover increased by more than double last year
Thanks to the Farmers’ Growth Program the land turnover more than doubled last year according to the OTP Farm Land Map Analysis. Based on the size of the total land...
Read moreThe representatives of the grape and wine sector suggest sector-specific solutions and self-regulation
The Commission proposes that every alcoholic beverage label should indicate its caloric content and warn young people about the dangers of drinking and drunk driving. The four largest European lobbying...
Read moreThe Downtown Beer Festival has begun
More than two hundred kinds of beer, special brews, and beer ice-cream can also be tasted at the four-day Belvárosi Sörfesztivál (Downtown Beer Festival) from Thursday at Szabadság Square in...
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Personalized digital novelties in beauty care and at the workplace
A hairbrush that reads on our scalp and a patch that warns you if you’re overdone sunbathing. Some examples of the technological innovations of the world’s largest beauty company, presented...
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China votes for organic fertilizer
A program was launched by the Chinese Ministry of Agriculture for the replacement of fertilizers with organic fertilizers in hundred areas of the country – tozsdeforum.hu wrote. The central budget...
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National hailstorm damage reducing system from May 2018
It is very likely that by May next year a nationwide hailstorm damage reducing system will be operational. Hungary’s territory will be divided into 10km by 10km squares, where anti-hailstorm...
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Online supermarket in Berlin
Amazon has launched the AmazonFresh service in Berlin. The online retailer offers its full grocery assortment online – 85,000 products, from fresh food to frozen food and drinks. Florian Baumgartner,...
Read moreHungarians drink more and more flavored non-alcoholic and special beers
The value of the retail turnover of beer in Hungary remained unchanged from 2015 to 2016 and decreased by 1 percent in volume. Hungarians purchased beer in a value of...
Read moreWe spend one of four forints on own branded products
The market share of the supermarket chains’ own branded products is growing steadily, according to Gfk’s survey. By the end of 2016, their market share reached 25 percent, ie one...
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Cerbona and Ham-Let in one hand
The owner of the Cerbona Élelmiszeripari Kft. purchased the Agrimill-Food, the producer of the Ham-Let puffed cereal slice, so the two known brands came in one hand. The further operation...
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A breakthrough Hungarian success at the world’s most prestigious cheese tournament
The 80-member jury has sent three Hungarian cheeses to the podium at the Mondial du Fromage, where more than half a thousand cheeses were competing. The Mondial du Fromage, the...
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EU Court of Justice: the milk product designation can be applied for only products of animal origin
In today’s judgement, the Court observes that the relevant legislation reserves the term ‘milk’ only for milk of animal origin. Purely plant-based products cannot, in principle, be marketed with designations...
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The collection of national values and hungaricums is supported by the Ministry of Agriculture with 223 million HUF
The Ministry of Agriculture (FM) will announce an open call for funding for the collection and promotion of national values and hungaricums, with a budget of 223 million HUF –...
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The number of employed broke record in the EU and in the euro area
The number of persons employed increased by 0.4% in both the euro area (EA19) and in the EU28 in the first quarter of 2017 compared with the previous quarter, according...
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Aldi and Lidl are expanding in America
A decade long supermarket battle in Europe is moving to the U.S.A., adding to the competitive pressure in an industry embroiled in a deflation-fueled price war. Aldi, known for low...
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