Company and Personal News
Erste Bank joins the Association for GMO-Free Hungary
Hungarian agriculture can only meet the challenges it faces by expanding cooperation. Erste Bank, as the leading provider of financing for the sector, stands by all initiatives that help this...
Read moreThe University of Debrecen is researching the health effects of Mádi wine
The health effects of Mádi wine are being researched at the new laboratory research facility of the University of Debrecen. According to a statement of the university sent to MTI...
Read moreEuropean Court of Auditors: teh utilization of EU measures to stabilize agricultural income is low
The EU measures to stabilize farmers’ incomes have only partially achieved their objectives, with low and uneven utilization and some targeted measures may lead to disproportionate compensation payments – the...
Read moreGrowth in retail sales in the Czech Republic slowed down
In October, retail sales growth in the Czech Republic declined to 3.4 percent year-on-year. In September, the figure has already been revised to 7.1 percent -the Czech Statistical Office annunced...
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Edible coffee cups are served aboard an airline
Air New Zealand has begun to distribute coffee cups on its flights which can then be consumed with ease – index wrote after CNN. The cups of Twiice look like...
Read moreChina is preparing to exempt certain US agricultural products from additional duties
China is preparing to exempt a certain amount of US soybeans and pork from surcharges imposed during the trade war between the two countries – the Xinhua State News Agency...
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The Sentix euro area investor sentiment index improved in December
Instead of the expected decline, the Sentix Economic Research Institute’s Eurozone Investor sentiment index picked up slightly. The Perception of prospects reached a two-and-a-half-year high. The cumulative index was 0.7...
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Global Report on Food Crises: acute hunger still affecting over 100 million people worldwide
A report presented today jointly by the European Union, the Food and Agriculture Organization of the United Nations (FAO), and the UN World Food Programme (WFP) finds that around 113...
Read moreÁSZ: a careful assessment is needed before the VAT reduction
The most recent analysis of the State Audit Office (ÁSZ) is about the impact of VAT reductions on the sustainable whitening process. The Central government’s tax revenues increased by about...
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The first Rossmann store in Hungary has been renewed in Debrecen
1993 was an ideal year for business investment. After the change of regime, the market opened up, and Western companies began to take an interest in the untouched “Eastern bloc”....
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SPAR’s first Snack Box Day was organized
Nearly two hundred applications have been submitted to the SPAR Snack Box Program. The primary goal of the campaign was for parents to familiarize their children to the basics of...
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Winter harvest at the Hortobágy Fish Farm
The winter fish harvest is nearing its end in the lakes of the Hortobágy Fish Farm, and most of the fish are already in the wintering pools – the CEO...
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The issue of Baromfi-Coop bonds was a great success
In November, the Baromfi-Coop (Poultry Coop) bonds was issued under the National Bank’s Hungary’s Growth Bond Program (NKP). The transaction is outstanding in several respects in the history of the...
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Five hundred kilograms of honey were donated to the Transylvanian orphans as part of the “Make Every Day Honey Day” campaign
The Agricultural Marketing Center offered an additional 100 kilograms of honey to the four hundred kilograms of honey donated by the beekeepers, so a total of five hundred kilograms of...
Read moreAM: the year of biodiversity was proclaimed for 2020 in the Most Beautiful Vegetable Gardens program
The national program of the most beautiful vegetable gardens in Hungary promotes home gardening. Its aim is to get the work of gardeners duly recognized – the Minister of State,...
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Dr. Vámosi-Nagy Szabolcs received a Lifetime Achievement Award
Dr. Vámosi-Nagy Szabolcs, the renowned lawyer of Vámosi-Nagy Ernst & Young Law Firm, was recognized with a Lifetime Achievement Award at the IV. Wolters Kluwer Lawyer Awards Gala. The expert...
Read moreConsumer sentiment is on a seven month peak in the United States
The December consumer sentiment is on a seven month peak in the United States, according to a study by the University of Michigan. Consumer sentiment improved to a much higher...
Read moreAnalysts: export growth is a positive surprise
Analysts interviewed by MTI saw the September increase in exports as a positive surprise, pointing out that this is in line with the rise in industrial production. The Central Statistical...
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Domestic goose production is also dominant at European level
In Hungary, demand for goose meat is focused around St. Martin’s Day and Christmas, so the goose industry is confident that the market may become more balanced in the coming...
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Magazine: Focusing on the customer experience
The Retailer of the Year competition has been organised again this year, courtesy of Mastercard. Offering good customer experience to shoppers is becoming increasingly important for market players. In 2019...
Read moreKSH: Retail sales grew by 6.2 percent in October
In October, retail trade turnover was 6.2 percent higher than a year ago, according to both the raw and calendar-free data – the Central Statistical Office (KSH) announced on Thursday....
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Nielsen: 450 tons of chocolate Santa Clauses in a value of two billion forints
Hungarian consumers bought eight and a half million chocolate Santa Clauses in a value of more than HUF 2 billion in November-December 2018. It is a 5 percent increase, compared...
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The products of the High Quality Food Trademark System represent high quality
The Hungarian government has been paying special attention to the quality and safety of food for years. For example, in 2017, the decision, known as the “20-point action plan”, came...
Read moreVOSZ: the shopping habits of Hungarians are changing
The spread of online shopping is transforming the purchasing habits of one or two monthly bulk purchases in Hungary over the last 20-25 years – the president of the National...
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New research of Tesco says Christmas is more colorful than 30 years ago
Most Hungarians adhere to the Christmas traditions. However, some holiday consumer habits have changed in many respects since the change of regime. For example people nowadays are eating more, paying...
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2020 will be the year of football at HEINEKEN Hungária
HEINEKEN dominates football events in 2020! The new beer partner of the country’s newest and biggest adventure arena is HEINEKEN Hungária, so visitors of all ages can drink the Soproni...
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Coca-Cola Magyarország reduces the weight of its plastic bottles by 4 percent again
After a 4 percent reduction in bottle weight in 2018, Coca-Cola Magyarország will reduce the amount of plastic used again by 4 percent in 2020. As a result of the...
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Consumers purchased from direct sellers for 60 billion HUF last year in Hungary
Hungarians are still looking to buy from direct sellers, with the sector closing at nearly 60 billion HUF last year, which is a 12 percent increase, compared to a year...
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Magyar Posta expanded its parcel processing areas
Magyar Posta has added another 5,500 square meters of additional two logistics logistics areas in the country to meet the ever-expanding parcel delivery needs – the Magyar Posta told MTI...
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Christmas – Domestic pine tree traffic amounts to 10-12 billion HUF annually
Every year, 2-2.2 million pines are sold in the country in a value of 10-12 billion forints – Boross Dávid, President of the Hungarian Horticultural Trade Association (Makert) told MTI....
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