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Chamber of agriculture doesn’t support the reallocation of funds

The Hungarian Chamber of Agriculture (NAK) doesn’t support the idea of reallocating some of the European Union’s funds, originally earmarked for the agricultural sector. NAK formed its opinion after Copa,...

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Traxion85 tyres available in nine new sizes

Dutch tyre manufacturer Apollo Vredestein introduced nine new sizes in its Vredestein Traxion85 tyre range at the EIMA trade fair in Bologna. The speed marking of all sizes is A8/B...

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Magazine: What will the future bring for family businesses?

Family enterprises play an important economic role in both Europe and Hungary. In Hungary about 70 percent of companies are family-owned, and these firms produce more than half of the...

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Bread prices may increase in 2017

Consumers should calculate with the 30 percent increase in bread prices from January because the baking industry has to increase wages in order to retain the workforce – Magyar Hírlap...

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The international market launch of the Áldomás products has started in London

The international market launch of the Áldomás (Blessing) products has started in London. The community brand was established by the Hungarian National Trading House (MNKH) and contains high-quality premium food...

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130 billion HUFresources will be available this year inthe Rural Development Programme

About 130 billion HUF resources will be available this year in the Rural Development Programme – Madari Őrs, Agriculture and Rural Development Policy Advisor of the Prime Minister's Office said...

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Every year, we throw 100 billion HUF worth food away

The Hungarian households throw 100 billion HUF worth unused and uneaten food away – theMinister of State of the Ministry of Agriculture (FM) said on Friday in Budapest, at a...

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The new version of the catering regulation may bring likeable canteen

The new version of the catering regulation may bring likeable canteens – Gál Péter Zoltán, president of the Tourism and Catering Employers Association said. The specialist told M1 news channel...

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Hungary is a sunflower seed superpower

According to the Agricultural Economics Research Institute (AKI), in France 1.2 million tons of sunflower seed was harvested this year, while in Romania, Bulgaria and Hungary 1.8 million tons are...

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The Hungarian Internet users devote 30 thousand HUF for Christmas this year

This year, the Internet users can buy 12 percent more gifts from the shops for Christmas, compared to last year. This year, the Internet users will spend 30 500 HUF...

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With corporate tax cuts 145 billion HUF will stay at the businesses

In the wake of the uniform reduction of the corporate tax rate to 9 percent, 145 billion HUF will remain at the businesses and the step would provide the most...

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Hungarian customers are hunting for actions

The Hungarian customers are specifically “bargain hunters”, even if they can afford the buy discounted products. Seventy-two percent of them have heard about the Black Friday and an increasing portion...

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Analysts: The economy may accelerate at the end of the year

The 2.0 percent GDP growth in the third quarter met analysts' consensus. Suppan Gergely, the analys of Savings Bank in his commentary sent to MTI drew attention that growth may...

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GfK: health awareness seems to turn into a trend

The latest GfK research study of eating habits examines the affects of health consciousness on eating habits. The analysis appears regularly since 1989. According to the analysis, health consciousness is...

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Not only tobacco shops can sell electronic cigarettes in the future

Not only tobacco shops can sell electronic cigarettes in the future, if the National Assembly – it is expected next week – approves the amendment of the tobacco law. According...

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MNB: household savings are growing slower

The financial savings of households steadily decreased in recent quarters: in the third quarter amounted to 201 billion HUF, which is 2.2 percent of the quarterly GDP. In the previous...

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Consumer prices increased in the euro area and in the EU

Annual consumer prices in October increased for the fifth month in the euro area and in the European Union. According to the data published on Thursday by the statistical office...

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Polish biscuit giant attempts to conquer the Hungarian market

Poland’s biggest biscuit manufacturer Dr Gerard started an affiliate in Hungary. Dr Gerard is also present in the Czech Republic, Romania and Slovakia. In the last few years their annual...

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Having a cup of coffee together with the world

NESCAFÉ decided to celebrate the International Coffee Day together with consumers in 60 countries. On 1 October coffee lovers could upload selfie-type videos of themselves, receiving and passing on a...

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Serving partners for twenty years

Hungarian-owned Lead System Hungary was established in 1996, and it has been developing and selling SFA data collection and sales systems ever since. IT business unit manager Zoltán Titonelli told...

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A good vintage is expected

This year’s vintage is likely to be good in terms of quality, but it could be better as regards quantity. HNT’s estimation is that approximately 385,000 tons of grapes will...

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Stricter international tax rules

A two-year negotiation process came to an end in September, when upon the initiative of the G20 group OECD completed its action plan for addressing the problems of base erosion...

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OKSZ: retail sales in December may exceed 1000 billion HUF

Traders expect a huge Christmas rush. The National Retail Federation (OKSZ) expects total retail sales to be approximately 50 billion HUF more in December than in the last month of...

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Fazekas: the government will have to fight hard for the agricultural subsidies of the farmers

The government will have to fight hard for the agricultural subsidies of the farmers in the new EU budget period starting in 2020 – Fazekas Sándor, Minister of Agriculture said...

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(HU) Az elmúlt tíz év legkiemelkedőbb eredményei várhatók az ingatlanfejlesztési ágazatban

The most outstanding results of the last ten years are expected in the real estate development sector The most significant results of the past 10 years is projected in the...

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Young people are easier to achieve with “cool, trendy, innovative” consumer accolades

The manufacturers are in renewal compulsion not only in connection with their products but also in connection with the related recognitions as well. A consumer fee can significantly increase the...

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Production-linked subsidies and the terms of greening will change in 2017

Production-linked subsidies and the terms of greening will change in 2017 to make them easier and more transparent – the Deputy Minister of State for of the Ministry of Agriculture...

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The NÉBIH closed a meat shop in Tolna County

The National Food Chain Safety Office (NÉBIH) held controls simultaneously in two counties. The inspectors seized 1150 kilograms of food in a Tolna County meat shop and withdrawn it from...

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Food industry renewal about to start

István Jakab, deputy speaker of the Hungarian Parliament told at a farmers’ forum in Székesfehérvár that a support scheme is about to be launched for the renewal of Hungary’s food...

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