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Workania: retailing has become the largest labor recruiter in Hungary
The demand towards sellers and salesmen, cashiers and warehouse laborers increased significantly in the retail trade so this industry has become one of the biggest recruiter in Hungary – according...
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Despite the Sunday store closure has ended, the significance of Sunday decreased in case of card users
The Sunday store closure thoroughly reorganized the consumer habits of the card users: half a year after the lifting of the ban on Sunday working far fewer people are paying...
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Advertising Association: the government undermines the outdoor advertising market
According to the Hungarian Advertising Association (MRSZ), the surtax on outdoor advertisings is not compatible with the EU law and kills the advertising market. They believe that the combined effect...
Read moreDeclining wine exports
Hungary’s wine trade balance (excluding sparkling wine and champagne) was positive both in volume and value, however, decreased by 20 percent in volume and by 7 percent in value in...
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The farmers affected by frost and ice can expect generous compensation
Until the November deadline 5005 compensation applications were submitted by farmers to the Agricultural and Rural Development Agency. Proportionately, the most compensation applications (2014 and 800) arrived from Szabolcs-Szatmár-Bereg and...
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Artificial intelligence built in the washing machine
An artificial intelligence solution developed by IBM Watson is built in Whirlpool washing machines. Thanks to this, the Whirlpool washing machine can communicate directly with the Whirlpool tumble dryer, informing...
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Where to invest in 2017
Amid a dense fog of uncertainty, an aging bull will have to find its footing in 2017. Rarely has the way forward been so obscured by the murky policies of...
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Nielsen: Packaging is a dark horse in case of the new hit products
Packaging design is one of the least mentioned tool of marketing, despite it contributes significantly to the success of the new products in the last two years. Nielsen’s “Breakthrough Innovations”...
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Six tons of apples were sold in the apple consumption promotion campaign
Sorry, this entry is only available in HU....
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There will there be enough meat on our tables
The increase in population and in standard of living both increase the consumption of animal protein, while sustainable development calls for efficiency gains from the livestock breeders. This is a...
Read moreThere is a growing shortage of labor in trade
In the third quarter of 2016, labor shortages continued to increase in trade by almost 30 percent in one year. Now there are 4,800 vacant jobs in trade, which is...
Read moreThere is still no inflationary pressure in the economy
The November inflation data did not cause a surprise – according to the analysts interviewed by MTI. Despite the wage increases there is still no inflationary pressures in the economy....
Read moreMore companies were established in 2016 than in 2015
While it is not the end of the year, the company incorporation numbers of 2015 seem to manage to surpass the numbers of 2016. “Year 2016 was balanced both in...
Read moreBeekeeping cooperatives should be created
The Hungarian apiary society should think about to create cooperatives, the beekeepers can not individually show sufficient strength – the Parliamentary Minister of State of the Ministry of Agriculture (FM)...
Read moreThe land use regulation of the vine and fruit tree nurseries has become more favorable
For the initiative of the National Association of Agricultural Economics (NAK) – and on the basis of the decision of the National Assembly – the land use regulation of the...
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Considerable expansion in the sheep and goat sector in the last five years
Between 2010 and 2015 the output of the sheep and goat sector increased by nearly 50 percent. In 2015 the sector produced a value of HUF 20.8 billion (0.8 percent...
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72905.pngAgri-man of the Year competition reaches second stage
Nominations for Agri-man of the Year were accepted until 20 November. In this competition the organisers reward those – in several categories – who not only do an excellent job...
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Eating is an experience
Shoppers want to buy an experience, not just food. According to a recent survey by Euromonitor, in the next few years demand will surge for ready meals and ready-to-cook meals....
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Slight decline in global food prices
FAO's Food Price Index declined slightly in November, marking a mild departure from its steady rise over the course of 2016. The Index decreased by 0.4 percent from October, averaging...
Read moreThe vine and wine sector strategy is complete
The National Council of Wine Communities (HNT) is celebrating the twentieth anniversary of its existence. A further cause for celebration is that the vine and wine sector strategy has been...
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The agricultural ministry aims to strengthen the producers' communities
The establishment and operation of the producers' communities is one of the cornerstones of the successful implementation of the Origin Protection Program – Gál Péter, Deputy Minister of State of...
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The export may pick up again in the coming months
In the coming months the export picks up again because the industry weakness’s was probably temporary and the European economic data also indicate an upturn – analysts commented the latest...
Read moreWithout foreign workers British food would be more expensive
The UK’s largest food companies, according to higher prices and less choice than at present would gain food to British consumers if the sector could not be free of foreign...
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Trading House: bilateral agreement helps the Hungarian-Slovak relations
The Slovak-Hungarian economic relations are expanding dynamically. In order to the continuous growth, the Hungarian National Trading House (MNKH) and the Slovak Investment and Trade Development Agency (SARIO) signed a...
Read moreConsumer confidence improved in the USA
Consumer sentiment in the US improved more than expected in December, according to preliminary figures released on Friday, as Americans reckoned President-elect Donald Trump’s policies would boost economic growth. The...
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Milk’s purchasing price grows again
In August 2016 agricultural production prices decreased by 2.6 percent from the level of August 2015 – reported the Central Statistical Office (KSH). This decrease was driven by the price...
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FM: soybean crop may be 181 thousand tonnes this year
This year, 181 thousand tons of soybeans can be transported into the granaries, about a quarter more than in 2015. The yield has improved significantly to 3 tonnes per hectare...
Read moreThe new generation has arrived: a record year in corn business
The experts are basically optimistic about the Hungarian corn situation and this year's records also support this – agrarszektor.hu wrote. Many people emphasized during the Agricultural Sector 2016 conference that...
Read moreThe inflation rate was above 1 percent in November
In November, consumer prices were on average 1.1 percent higher than a year before. Compared with the previous month, prices increased by an average of 0.1 percent – the Central...
Read moreNAV: the illegal cigarette market has decreased
The proportion of the cigarette black market significantly decreased the this year, compared with a year before – the National Tax and Customs Office (NAV) told on the basis of...
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