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Magazine: Trendy liver patés

With its annual volume sales around 9,600 tons, the liver paté category is a medium-sized one among meat products. According to Zoltán Szántó, senior product manager of Pick Szeged Zrt.,...

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Raiffeisen: the outlook for the Hungarian economy is very favorable

The outlook for the Hungarian economy is extremely favorable: the expansion of the GDP may be over three percent this year and for the next year – Török Zoltán, chief...

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Chicken breasts are popular

The buyers take advantage of the benefits of VAT reduction in January. Since the beginning of the year, the processors transport 30-40 percent more chicken breast and 20 percent more...

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Bird Flu: A multi-stage compensation may come

The Poultry Product Council (BTT) estimates the damage arising from the outbreak of bird flu to 9-10 billion HUF – the organization told Világgazdaság. The direct losses of farmers resulting...

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VAT reduction did not impove the sales of fresh milk

Despite the fresh milk VAT reduction to 5 percent in January, the buyers are still looking for long lasting products in the stores – the Magyar Idők wrote. According to...

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The cold weather turns the buying habits upside down

The unusual cold weather turns the buying habits upside down and will likely to pull back the shopkeepers’ revenue – piacesprofit.hu wrote According to the current observations no decrease will...

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Euro zone’s inflation is on a nearly three-year peak

Because of the increase in energy prices, the highest inflation of nearly three years occured last December in the euro zone – according to Eurostat’s statement, published on Wednesday. According...

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The innovative SMEs can receive 160 million euros fundings in eight EU countries

The European Investment Fund (EIF) and the UniCredit bank signed a guarantee agreement through which innovative small and medium-sized enterprises (SMEs) and mid market capitalized companies can apply for 160...

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The Czech Republic has tightened the conditions of the sales of cask wine

The conditions of the sales of cask wine was tightened in the Czech Republic to suppress “wine counterfeit ” and the black market. The Czech parliament adopted the amendments of...

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Food producers meet in Lébény

NAK’s Győr-Moson-Sopron County directorate organised its traditional end-of-year food industry forum in Lébény. The main topic was the marking of food products, as from December new nutritional value marking rules...

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Chamber popularises agri-food vocations in Szombathely

On 9 and10 November 2016 the Vas County Government Office organised its school and job expo for the 19th time in Szombathely. With the goal of popularising agri-food related studies...

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Fazekas: the Hungarian agriculture is strengthening

The Hungarian agriculture is strengthening. This process is shown by the growing performance of the industry, expanding contribution to the increase in GDP growth and employment as well. Also Hungary...

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Agriculture is the least indebted sector

According to the National Bank of Hungary, the data of the past five years suggests that the national economy’s overall failure rate for the second quarter of 2016 can be...

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eNet: almost one million people received their online Christmas orders belatedly

More than 900 000 Hungarian Internet users could receive their online Christmas orders belatedly. The customers received the packages with an average 5 days later, moreover 12 percent of the...

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The EC expects a growth in the number of pigs in Europe

The European Commission expects a slow but steady increase in the European Union’s pig meat production from 2018 until 2026. According to the projection, the output will be around 23.9...

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The Hungarian SMEs can apply for 2362 million euros this year

The Hungarian small and medium-sized enterprises (SMEs) this year will be eligible to apply for 2362 million euros, while in Croatia, Romania and Bulgaria the amount is much less –...

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This can be the year of colza

European farmers have already turned their attention to the growing demand for colza. The Agricultural Economics Research Institute in its analysis pointed out that the growing area of colza increased...

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The Prime Minister’s Office suspends the application for the development of sheep and goat farms

The Prime Minister’s Office suspends the application for the development of sheep and goat farms, from 20 January due to the depletion of the availability of resources. For the almost...

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Hungary’s leasing market expands above the European average

Although the economic performances of several European countries are rather poor, the leasing market expanded by 10 percent on average by the end of the third quarter, while in Hungary...

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Agricultural producer prices decreased by 5.2 percent

Agricultural producer prices fell 5.2 percent in October, compared to the same period of the previous year. The decrease consists of the 9.7 percent price decrease of the crops and...

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FM: the winter seasonal food chain control was concluded successfully

The results of the winter seasonal food chain control improved significantly last year, compared to the previous years – the Ministry of Agriculture (FM) told MTI on Monday. According to...

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Hungary’s pig exports declined

Hungary’s exports of live pigs decreased by 7 percent in the first nine months of 2016, compared to the year before. The main partners were Romania, Austria, Slovakia and Serbia....

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Decline in agricultural producer prices

Agricultural producer prices decreased by 5.5 percent last November, compared with a year before, as the prices of crop products decreased by 11.4 percent and the price of live animals...

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FAO’s food basket in negative territory

The FAO Food Price Index (FFPI) averaged almost 171.9 points in December 2016, unchanged from November with strong gains in the prices of vegetable oils and dairy largely offsetting a...

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Poultry Product Council: duck and goose meat lack can come to an end only gradually

The lack of duck and goose meat can come to an end only gradually after the end of the bird flu outbreak – the CEO of the Poultry Product Council...

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Analysts: this year’s expected inflation rate exceeds 2 percent

Macroeconomic analysts who responded to the Central Statistical Office’s (KSH) fresh data told MTI that they expect more than 2 percent inflation this year. According to the report, consumer prices...

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Peanuts can be grown economically in Hungary

Peanuts can be grown economically in Hungary ¬ the Agrársszektor agricultural trade portal states. At the beginning of the last century peanuts were added to the Hungarian agricultural flora, but...

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NGM: 30 thousand credit card acceptance terminals will be built by the enterprises from government support

This year, the number of debit card terminals will increase by 30 percent, due to the support program initiated by the Ministry of National Economy (NGM) – the ministry told...

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Mandatory nitrate reporting

Those farmers who live in nitrate polluted areas have to report detailed action program rules for the protection of waters against nitrate pollution between 1 January and 31 March. The...

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A growth in the euro zone’s merchandise trade surplus

The European Union’s statistical office, Eurostat calculated that in November 2016, the exports of goods of the euro zone to the rest of the world increased by 6 percent to...

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