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OECD: global economy remains trapped in low growth
Date: 2016-09-22 11:30:55

The world economy remains in a “low-growth trap” and weaker conditions in advanced economies will persist into 2017, the Organization for Economic Co-Operation and Development (OECD) warned on Wednesday. In...

Hungarian-Chinese food safety memorandum of understanding was signed in Budapest
Date: 2016-09-22 11:18:10

Fazekas Sándor, Minister of Agriculture and Chiang Chin-zsung, the Vice-Minister of the China Quality Inspection and Quarantine Bureau (AQSIQ) signed a food safety memorandum of understanding for dairy products and...

NGM: More than three billion HUF to improve the conditions of children's meals
Date: 2016-09-22 11:10:07

The government intends to give more than three billion HUF to improve the conditions of children's meals. Berczik Ábel Deputy Minister of State for the Ministry of National Economy (NGM)...

To sell alcohol at night was banned in Kiev
Date: 2016-09-22 11:00:00

In Kiev banned the sale of alcohol at night. The decision was taken at a meeting of Council 22 September, it was supported by 86 deputies. Restrictions will apply from...

GKI: balance-worsening changes are about to start
Date: 2016-09-22 10:48:25

This year’s economic growth is slower than last year’s 2.9-percent expansion, due to less funding from the EU and fewer government investments. Just like in the 1st quarter of the...

Savings Bank: GDP may increase by 2.2 percent this year and by 3.3 percent next year
Date: 2016-09-21 11:55:51

The Hungarian economy may grow by 2.2 percent this year, while by 3.3 percent next year, according to the most recent forecast of the Savings Bank (Takarékbank Zrt.). The government...

NÉBIH: the GMO-free production rules have become stricter
Date: 2016-09-21 11:45:58

The rules of the GMO-free production have become stricter. The regulation defining the rules of genetically modified organism-free production and the conditions for the distribution of GMO-free food and feed...

It is crucial to improve competitiveness in the agricultural sector
Date: 2016-09-21 11:42:14

The uncertainties of the post-2020 EU support system and the increasing market competition both show that it is essential to improve competitiveness in the agricultural sector – Győrffy Balázs, president...

The market share of the wholesale market is 40 percent in the fruit and vegetable retailing
Date: 2016-09-21 11:40:57

The Budapest Wholesale Market’s share is around 40 percent of the fresh fruit vegetables retail market turnover. Last year, more than 168 thousand producers’ access were registered, which means that...

Wage growth may accelerate analysts say
Date: 2016-09-21 11:35:30

The pace of wage growth slowed slightly in July, compared to the previous month, but wage growth may re-accelerate from autumn in the public sector, due to the planned increases,...

Four out of ten employees are looking for new jobs in the fall
Date: 2016-09-21 11:18:20

Although according to the great majority of the Hungarian workers it is harder to find a job during the summer, many of them immediately started job seeking after the summer...

The deficit in the Romanian agricultural trade balance has more than tripled
Date: 2016-09-21 11:02:34

In the first half of this year, the deficit in the Romanian agricultural trade balance has more than tripled, compared to the year before. Food exports decreased by 4.9 percent,...

Every other shopper checks food products’ place of origin
Date: 2016-09-21 10:54:31

Only every second Hungarians are influenced in their buying decisions by which country a product comes from. What is more, from them only every third are consciously looking for Hungarian...

Groceries were advertised most frequently in June
Date: 2016-09-21 10:52:56

The ads of FMCG retailers reached the most 18-49 year old television programme viewers in June 2016 – reported Nielsen Audience Measurement Kft. In June 2016 the average viewer came...

0.3-percent drop in consumer prices in July
Date: 2016-09-21 10:51:01

In July like-for-like consumer prices decreased by 0.3 percent on average – according to the Central Statistical Office (KSH). In comparison with July 2015, food prices increased by 0.2 percent....

Probiotic, but not yogurt: What is it?
Date: 2016-09-21 10:00:11

Good news for consumers suffering from milk protein allergy or lactose intolerance, and for vegan people: a young Hungarian researcher is experimenting with probiotic fruit juices. Nikoletta Annamária Farkas, a...

Magazine: Gluten-free products have the potential to generate two-digit sales growth
Date: 2016-09-21 09:57:25

In the last few years consumer demand increased for gluten-free products. In part this is the result of more and more consumers suffering from gluten intolerance, but the number of...

Significant technological improvements should be implemented in the food industry, according to vice president of NAK
Date: 2016-09-20 11:50:30

The Hungarian food industry can get out of its difficult situation by increasing competitiveness. This can be achieved with the significant development of the technology and by increasing the scale...

FM: a record yield is expected
Date: 2016-09-20 11:45:51

A record yield, or near-record harvest is expected in case of several crops this year, despite the adverse weather conditions – the Minister of Agriculture told at a press conference...

KSH: earnings rose 5.1 percent in July
Date: 2016-09-20 11:34:57

The average gross earnings amounted to 256.9 thousand HUF in July, 5.1 percent higher than a year ago, while in January-July, the gross earnings increased by 5.9 percent, compared to...

The cattle population has continued to grow
Date: 2016-09-20 11:33:33

The cattle population has continued to grow and the number of sheep increased as well in a year, while pig and chicken stocks fell, and the number of poultry remained...

NGM: real wages are increasing in Hungary for forty three months
Date: 2016-09-20 11:33:06

The positive trend continues in Hungary. Real wages are increasing in Hungary for more than three years ie forty three months – Cseresnyés Péter, Minister of State of the National...

Poland suspends retail tax collection
Date: 2016-09-20 11:05:27

Poland in response to the action launched by the European Commission suspends the retail tax collection and adopts a new, tax law amendment taxing large-area stores – Pawel Szalamacha Polish...

Ten questions about drinking alcohol while pregnant and you always wanted to know the answer
Date: 2016-09-20 11:03:02

Does a little wine hurt the baby during pregnancy? I drank alcohol before I found out that I was pregnant. Will my baby be alcoholic? Can I consume non-alcoholic beer...

Prosperity is magnetic
Date: 2016-09-20 10:12:27

The population of the United Kingdom is 64.1 million and the employment rate is 52 percent. Economic growth was 2.8 percent in 2014 and 2.2 percent in 2015. Per capita...

Nébih: only a few Hungarian food products do not meet the EU standards
Date: 2016-09-19 11:40:26

In the food and feed safety alert system (RASFF) of the EU, only 0.7 percentage were Hungarian-produced products – the National Food Chain Safety Office (NÉBIH) sent the European Commission's...

NGM: applications, supporting capacity building and facilitating market entry have received support
Date: 2016-09-19 11:25:42

New support decisions were born within the Economic Development and Innovation Operational Programme (GINOP). Now 26 developments won approximately 375 million HUF development funds – Rákossy Balázs, Minister of State...

SMEs spend less than 1 percent of their turnover on info-communication
Date: 2016-09-19 11:19:58

According to a survey, the majority of domestic small and medium-sized enterprises (SMEs), spend less than 1 percent of their turnover on info-communication, while every second company believes, that IT...

The government gives an additiobal 3.5 billion HUF to renovate the market in Békásmegyer
Date: 2016-09-19 11:19:41

The government supports the renovation of the market in Békásmegyer with an additional 3.5 billion HUF – the Minister of National Economy announced in Budapest on Monday, at a press...

Storm clouds are gathering, another company liquidation wave may come
Date: 2016-09-19 11:18:39

In August 2016, the registry court registered 1689 newly established companies, which still falls short of the low numbers for the previous period. “The lower company incorporation number in August...

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OECD: global economy remains trapped in low growth Date: 2016-09-22 11:30:55

Hungarian-Chinese food safety memorandum of understanding was signed in Budapest Date: 2016-09-22 11:18:10

NGM: More than three billion HUF to improve the conditions of children's meals Date: 2016-09-22 11:10:07

To sell alcohol at night was banned in Kiev Date: 2016-09-22 11:00:00

GKI: balance-worsening changes are about to start Date: 2016-09-22 10:48:25

Savings Bank: GDP may increase by 2.2 percent this year and by 3.3 percent next year Date: 2016-09-21 11:55:51

NÉBIH: the GMO-free production rules have become stricter Date: 2016-09-21 11:45:58

It is crucial to improve competitiveness in the agricultural sector Date: 2016-09-21 11:42:14

The market share of the wholesale market is 40 percent in the fruit and vegetable retailing Date: 2016-09-21 11:40:57

Wage growth may accelerate analysts say Date: 2016-09-21 11:35:30

Four out of ten employees are looking for new jobs in the fall Date: 2016-09-21 11:18:20

The deficit in the Romanian agricultural trade balance has more than tripled Date: 2016-09-21 11:02:34

Every other shopper checks food products’ place of origin Date: 2016-09-21 10:54:31

Groceries were advertised most frequently in June Date: 2016-09-21 10:52:56

0.3-percent drop in consumer prices in July Date: 2016-09-21 10:51:01

Probiotic, but not yogurt: What is it? Date: 2016-09-21 10:00:11

Magazine: Gluten-free products have the potential to generate two-digit sales growth Date: 2016-09-21 09:57:25

Significant technological improvements should be implemented in the food industry, according to vice president of NAK Date: 2016-09-20 11:50:30

FM: a record yield is expected Date: 2016-09-20 11:45:51

KSH: earnings rose 5.1 percent in July Date: 2016-09-20 11:34:57

The cattle population has continued to grow Date: 2016-09-20 11:33:33

NGM: real wages are increasing in Hungary for forty three months Date: 2016-09-20 11:33:06

Poland suspends retail tax collection Date: 2016-09-20 11:05:27

Ten questions about drinking alcohol while pregnant and you always wanted to know the answer Date: 2016-09-20 11:03:02

Prosperity is magnetic Date: 2016-09-20 10:12:27

Nébih: only a few Hungarian food products do not meet the EU standards Date: 2016-09-19 11:40:26

NGM: applications, supporting capacity building and facilitating market entry have received support Date: 2016-09-19 11:25:42

SMEs spend less than 1 percent of their turnover on info-communication Date: 2016-09-19 11:19:58

The government gives an additiobal 3.5 billion HUF to renovate the market in Békásmegyer Date: 2016-09-19 11:19:41

Storm clouds are gathering, another company liquidation wave may come Date: 2016-09-19 11:18:39