Events
US retail sales declined
Contrary to the modest growth expectations of the analysts, US retail retail sales declined significantly in May. On Wednesday, the US Department of Commerce reported that the seasonally adjusted retail...
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Magazine: FMCG’s ‘name will be noble once more, worthy of our past, our great lore…’?
8565.pngFMCG’s ‘name will be noble once more, worthy of our past, our great lore…’? In the last few years the FMCG sector was unable to attract the best workers. Although...
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KSH: agricultural producer prices have accelerated in April
The growth rate of agricultural production prices accelerated in April: the annual growth rate was 4.1 percent after the 1.4 percent in March, the Central Statistical Office (KSH) announced on...
Read moreGrain growers: 10-20 percent less grain yields due to the lack of rain
Due to the lack of rain, 10-20 percent less grain may be produced this year – the chairman of the National Association of Cereal Producers (GOSZ) told MTI. Vancsura József...
Read moreHungary is in the last quarter of the EU ranking in terms of GDP and individual consumption
Last year, Luxembourg was the wealthiest member of the European Union: in terms of purchasing power parity, on the basis of the gross domestic product per capita (GDP) and per...
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MNB: Hungarian households are more wealthy than their Slovak and Polish counterparts
According to statistics, the financial savings of the Hungarian households compared to the GDP have increased significantly since the economic crisis in 2008 and are high in international comparison as...
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The “Adopt a Furmint” program helps the young Hungarian agricultural researchers
The “Adopt a Furmint” program helps the young Hungarian agricultural researchers by creating application and scholarship opportunities. The initiative was launched in conjunction with this year’s Furmint Year program –...
Read moreThe Hungarian Tourism Agency and the National Council of Horticulture launched a joint series of events
The Hungarian Tourism Agency (MTÜ) and the National Council of Horticultural Communities are launching a joint professional event in the six wine regions – MTÜ told MTI on Tuesday. The...
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Exciting names make vegetables more attractive
The thrilling name makes vegetables more attractive: if they give them an interesting fantasy names like “sizzling beans”, or “dynamite beetroot” or “citrus-brown twisted carrots”, at the canteen a lot...
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Every month, disadvantaged young children are given food packages in three counties
Disadvantaged children under age 3 receive monthly food packages in Szabolcs-Szatmár-Bereg, Hajdú-Bihar és Borsod-Abaúj-Zemplén counties with the support of a European Union-funded program – the Minister of State of the...
Read moreThe number of mobile subscribers to increase by 2.6 billion in five years
In the next five years, the number of mobile subscribers will increase by 2.6 billion, last year, the broadband mobile net services had 4.4 billion subscribers worldwide, according to Ericsson’s...
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The EU is the world’s largest medicine importer
The European Union was the world’s largest medicine importer last year, according to Eurostat, the Statistical Office of the European Union. According to Eurostat, in 2016, most medicinal and pharmaceutical...
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Consumers have the feeling that retailers misunderstand them
According to the latest Talend survey that was conducted by Researchscape, only 61 percent of consumers think that companies understand their needs and an even smaller proportion seem to be...
Read moreMedium yield is expected from the autumn crops
According to preliminary estimates, this year, good average yields can be expected in the autumn arable crops – the Minister of State of the Ministry of Agriculture said in Szabolcs....
Read moreThis year’s The Internet Traders of 2017 awards were handed over
This year’s The Internet Traders of 2017 awards were handed over. At the contest held for the 11th time nearly 400 companies featured. The winners were announced in small and...
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MNB: In May, food and energy prices mainly caused the increase in inflation
In May, mainly the volatile, food-and-energy prices had an impact on price increases – May inflation figures were evaluated on Thursday by the National Bank of Hungary (MNB). According to...
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The national trading house promotes innovation with Hungarian startups in Paris
The national trading house promotes the innovation and business environment of the Visegrád four (V4) countries and in particular, Hungary’s innovation and business environment and the potential of the region...
Read moreThe NGM launches a labor safety campaign for agricultural workers
The Ministry of National Economy (NGM), in cooperation with the National Agricultural Chamber (NAK) and the Szent István University, is launching a two-year national labor safety campaign focusing on the...
Read moreThe wine of Somogy county came from Balatonlelle
The 2015 vintage “Kokas-hegyi chardonnay” wine of the Pócz Winery of Balatonlelle was selected for this year’s wine of Somogy county in Kaposvár. The Somogy County government informed MTI that...
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NGM: the SMEs have won 14.5 billion HUF grant
590 micro, small and medium-sized enterprises (SMEs) won a total of 14.5 billion HUF for the strengthening of competitiveness for the implementation of investments and for the development of research....
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FM: this year’s farm development proposals will appear soon
This year’s Farm Development Program proposals will appear soon. The proposals for this year’s Farming Development Program will be available with a budget of 1 billion 225 million HUF –...
Read moreCigarettes were smuggled with drone
The Romanian authorities seized a cigarette consignment sent from Ukraine to Romania on Sunday dawn – the Romanian border police said on Monday. The Romanian border police noticed on Sunday,...
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Hungary’s agri-food export exceeded 8 billion euros once again
In 2016 our agri-food export went above EUR 8 billion again. Agri-food export increased by 1.6 percent and contributed to the nation’s total export with 8.6 percent. Although import grew...
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Online invoicing will start next year
With the debut of online invoicing, 1 July 2018 is likely to bring another phase in the process of whitening the economy. The ministry wants a system that creates little...
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Cetelem: Hungarian consumers are pessimistic, but they are planning despite pessimism
The Hungarian customers are among the pessimistic customers in Europe, but this is not supported by market trends, as according to the central bank’s figures, last year, 60 percent more...
Read moreFAO: the value of food imports is growing
The international market for basic crops is balanced, wheat and corn are abundantly available, while oil seed production is re-energized. However, due to transport costs and an increase in the...
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Poultry can be exported from seven counties from Saturday to Russia
From Saturday the Russian federal animal health and plant protection service (Roszszelhoznadzor) has re-licensed the imports of live poultry and egg from seven Hungarian counties, the Kommersant daily reported. The...
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NAK: By 2013 the businesses can self-revise their membership fee obligations
According to a decision made by the National Chamber of Commerce in May, the new members in the membership register who are not engaged in agricultural activities can again be...
Read moreTwo Hungarian Trophy awards at one of the world’s biggest wine competitions
Two Hungarian wines, the Tornai Winery’s 2015 vintage Premium Juhfark and the Tokaj’s 2013 vintage 6 butt Tokaji Aszú won this year’s highest recognition, the Trophy Prize at the International...
Read moreMore than 22,000 students study in the Hungarian agrarian training system
More than 22,000 students study in the Hungarian agricultural training system, taught by about 3,000 teachers across the country at 63 sites of 48 agricultural training schools – the Managing...
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