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The Bakers’ Association suggests VAT rate cuts and clear market conditions
The Hungarian Bakers’ Association suggests a reduction of Value Added Tax (VAT) and to create fair market conditions, in the baking industry – Septe József, president of the association told...
Read moreWheat beers did well in a food safety test
Wheat beers did well in the test of the food chain safety authority; 18 products were checked by the staff of the authority and no deficiencies were found – the...
Read moreThe tobacco supplier does not infringe EU competition laws
The European Commission will not initiate a procedure on the central tobacco supplier – MTI was informed from sources in Brussels. The European Commission has accepted the Hungarian Government's argument...
Read moreNGM: retail is expanding for three years continuously
The retail sales are continuously growing for thirty-six months. In the past year, except in January, growth was 4-5 percent each month, compared to the same period of the last...
Read moreThe National Council of Wine Communities prepared a comprehensive sector strategy
The National Council of Wine Communities (HNT) – in accordance with the cooperation agreement with the Ministry of Agriculture (FM) – prepared a comprehensive sector strategy for the whole Hungarian...
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Red pepper growers should remember that an important deadline will expire
The 37/2014 (IV. 4) agricultural de minimis decree of the Ministry of Rural Development (VM) on the support of paprika growers was released. The producers can apply for non-refundable agricultural...
Read moreBisnode: company liquidations at the low point
The number of forced cancellation decreased by over thirty percent, while the number of liquidations decreased by almost twenty percent in the first half of the year, compared to the...
Read moreThe irrigation development tender of the Rural Development Programme to be amended
In order to effectively implement projects aimed at increasing the irrigated land, the Rural Development Programme’s rural water sector applications to be amended. The submission of grant applications will be...
Read moreSupport to easen grape cicada damages
Support claims for the spraying of US grape cicada pesticide can be submitted until 15 August. 50 percent support can be claimed after spraying within the 1 May to 31...
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Trends in neighbouring countries: a mixed picture
FMCG value and volume sales were up in Romania, Serbia, Slovakia and Slovenia. Volume sales practically stayed put in Austria and Croatia. Average prices dropped in Romania, Slovakia and Slovenia,...
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Nielsen: the Hungarian consumer confidence fell in the second quarter
The consumer confidence index in Hungary decreased: the second quarter’s 57 points is 4 points less than the first quarter’s 61 points. However, if we compare it with the 55...
Read moreAgricultural producers expect favorable market turnaround this year
The agricultural producers expect favorable market turnaround this year. Mild optimism can be experienced in the agricultural sector – the survey of the Agribusiness Index reveals. The Agribusiness Index which...
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KSH: foreign trade surplus was 730 million euros in May
In May, exports increased by 6.3 percent, while imports increased by 2.9 percent calculated in euros, compared to a year before. The export surplus of 730 million euros is 259...
Read morePreferential loans can save farmers
The preferential land loan program may represent the major driving force in agricultural lending in the coming period. The loan portfolio of the food industrial businesses has increased in the...
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The irrigation and kind development can bring changes in onion cultivation
The irrigation and kind development, quality assurance and avoiding illegal import can reverse the declining trend in onion production – Süle Katalin, spokeswoman of the National Agricultural Chamber told. The...
Read moreDepressed cereal prices
This year's wheat harvest is virtually completed in Hungary. Due to bad weather, farmers are still working on the fraction of the harvested area. However, the producers are dissatisfied with...
Read moreWho violatesthe labor rules cannot get subsidy
The Prime Minister’s Office points out that only those clients will benefit from development support, those who carry out their activities in accordance with the labor standards, so they can...
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New directions ahead of the FMCG industry
Manufacturers, distributors and retailers gathered in Budapest to chart a new path for the FMCG industry. The 2016 Stamegna Network – All Food and Confectionery event was held at the...
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Many rural municipalities are participating in the sample program
Throughout the country, more than 1,200 municipalities are participating in the agricultural sample program that helps rural employment. Across the country currently 1,285 municipalities are involved in the agricultural sample...
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The eggcompetition continues
Poultry consumption in 2017 may increase by up to five percent due to the reduced Value Added Tax (VAT). According to the evaluation of the Poultry Product Council, the tax...
Read moreAbove average rainfall in July: the compensation fund will be paid next March
In July 20-80 mm more rain fell than as usual, the soil’s moisture content is over 60 percent on average. In the last few days and today, fierce thunderstorms have...
Read moreAgricultural Chamber of Commerce: farmers' cards will be cheaper
The new card-based farmers' cards will be made later, but their production will cost only about half as previously planned – Süle Katalin, presidency spokesman for the National Association of...
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Distillate support is available
The publication of the Agricultural and Rural Development Office has been released over the support in the 2016/2017 marketing year. According to the communication of the Agricultural and Rural Development...
Read moreThe use of plastic bags decreased by eighty-five percent in England
The number of single-use plastic bags used by shoppers in England has plummeted by more than 85 percent after the introduction of a 5p charge last October, early figures suggest....
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POPAI Village at the EuroShop 2017 trade exhibition
Between 5 and 9 March 2017 once again Düsseldorf will host the EuroShop trade show, the biggest event in the world that deals with marketing@retail too. Once again there will...
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Potato producers may receive production-related support from 2017
If Brussels accepts, 2017, the potato can enter into the support circle so willingness to produce may increase in Hungary – the Minister of State of the Ministry of Agriculture...
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Domestic products are more popular even if they are more expensive sometimes
Despite the news of crop losses shortage in the orchards and vegetable gardens, the supply of imported vegetables significantly reduced on the 27th week at the Budapest Wholesale Market. In...
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NGM: come to the vending machines Connection
Companies operating vending machines can prepare: the Ministry of National Economy (NGM) has finished the draft regulation, which would connect the vending machines to the National Tax and Customs Administration...
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The same amount of milk for less, decreasing milk exports
According to the Agricultural Economics Research Institute’s report that reflects the market trends in Hungary, the national average production price of raw milk was 65.98 HUF per kilo in June...
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