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KSH: earnings rose further
In February, gross and net average earnings were 10.7 percent higher than a year before, following a 10 percent rise in January, the Central Statistical Office (KSH) reported on Thursday....
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FruitVeb: rain was good for the horticulture and the orchards
The rainfall of the past two days was good for the agriculture and the orchards. The rain partially replaced the lack of moisture in the soil, while snow caused only...
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Analysts: gross wages can increase by 10 percent this year, real wage growth can be between 7-8 percent
Gross wages may increase by around 10 percent this year, while real wages – calculated with a 2.4 to 2.5 percent inflation rate – may rise between 7-8 percent, according...
Read moreVarga Mihály: No plans to amend the retail law
There is currently no plan to modify legislation affecting retail trade – the National Economy Minister announced on Thursday. Varga Mihály, at a press conference organized on other topics, added...
Read more(HU) A Miskolci Egyetem, a BorsodChem, a Bosch és az ÉMI együttműködésében valósul meg az új projekt
Sorry, this entry is only available in HU....
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Horticulture sector to be better-organised
For a 5-year period the government has earmarked HUF 150 million for making the horticulture sector better-organised. According to the Ministry of Agriculture, the proportion of production cooperatives needs to...
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EU funding for improving the conditions of habitats
By 2020 the quality of natural habitats will improve on more than 100,000 hectares of land, thanks to HUF 3,400-billion EU-funding in the current budgetary cycle – calculated together with...
Read moreItaliagro recruits farmers for buffalo breeding
Mezőtúr company Italiagro Kft. is recruiting farmers for buffalo breeding, in order to get milk for mozzarella production. Italiagro’s consultant Zoltán Takács told that in the soon-to-be-launched Young Farmer Grant...
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Magazine: Passion. Strategy. Content.
What does it take to turn a small project company into a key market player in 15 years? Morpho thinks all you need is passion, a strategy and quality content...
Read moreOnline retailing is unstoppable
Today’s consumers do not go shopping. They buy always and everywhere – piacesprofit.hu quotes the International online shopping habits survey of KPMG. Not surprisingly, young people dominate online shopping. “Today’s...
Read moreThe IMF has improved Hungary’s and the world economic’s growth prospects
The International Monetary Fund (IMF) has improved Hungary’s and the world economic’s growth prospects in its World Economic Outlook (WEO) study that was published on Tuesday. The IMF increased its...
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The EU is fighting against food waste
By 2030, the European Parliament wants to reduce the amount of food waste to the half of the current volume – Világgazdaság Online wrote. The report of the European Parliament’s...
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The second vintage of BalatonBor was presented
The second vintage of BalatonBor, the first community wine brand of the region was prepared with the participation of twenty-four wineries; The 2016 Riesling of the producers will be bottled...
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The national hail mitigation system to be completed in a year
The national hail mitigation system will be completed for 1 May next year. The system will be operated by the National Association of Agricultural Economics (NAK) – Győrffy Balázs, president...
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Hungary can transport beef and meat products to Saudi Arabia again
After sixteen years Hungary can transport beef and meat products to Saudi Arabia. The Middle Eastern country opened its doors in late March for the Hungarian products – the Ministry...
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The strenghtening of the social economy raises regulatory questions
Thanks to the spread of the Internet and smart devices, we can hear more and more about a whole new business model, the sharing economy. The names of Uber, Airbnb...
Read moreUnchanged interest towards agricultural training
Unchanged interest surrounds the jobs in the agricultural industry. The number of agricultural training participants grew 2.7 percent last year – Fazekas Sándor Minister of Agriculture told M1 news channel...
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Inflation slowed in the euro area and in the EU
In March, the annual rise in consumer prices slowed in the euro zone and in the European Union. Eurostat confirmed inflation in March in the 19 countries sharing the euro...
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Two hundred million forint development in Debrecen
Debrecen-seated Zolend Kft. built a 4,000m² new production hall from a HUF 200-million bank loan. The company is a supplier of major companies in the chemical, food, oil, automotive and...
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Another 80 billion forints in the Rural Development Program
Within the framework of 13 grant programmes, about HUF 80 billion becomes available until the end of March in the Rural Development Programme – announced the Prime Minister’s Office at...
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KMS trademark can be earned this year as well
Businesses can apply for the use of the Quality Hungarian Pork (KMS) trademark this year too. So far 86 have enterprises have earned the right to use the KMS marking....
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The shopping fever on Thursday brought the biggest turnover
The turnover on Thursday before Good Friday was 15-25 percent higher than the largest revenue-generating day of last year’s Easter period – CBA’s Communications Director told Világgazdaság. Fodor Attila explained...
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Nearly half a billion aluminum cans are not recycled
In Hungary, 800-900 million aluminum cans of beer and soft drinks are marketed every year, but only about half of this amount 450 million cans are recycled – tozsdeforum.hu wrote....
Read moreMKB Bank: agriculture financing should be tailored to the needs of customers
At the end of last year, the loan portfolio of Hungarian agriculture was about 560 billion HUF on the basis of the data collection of the Ministry of Agriculture. Including...
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K&H: the investments of large companies will continue to decline this year
The investments of large companies will continue to decline this year, as the downturn in the sector’s willingness to develop continues according to K&H’s survey – the bank told MTI...
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Nébih: animal breeders can receive state aid to prevent bluetongue disease
Animal breeders can receive state aid to vaccinate their stock to prevent from bluetongue disease. Where the disease has already appeared, vaccination is mandatory, to prevent the other animals from...
Read moreTax audits are becoming more effective thanks to the ekáer
The tax inspectors are increasingly effective against illegal trade, thanks to electronic goods traffic control system (ekáer), which is a “heavy weapon” of the tax administration, but many entrepreneurs are...
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Raw milk’s price rising again
In January 2017 agricultural production prices were down 2.6 percent in comparison with January 2016. This drop was the result of the price of vegetable products decreasing by 8.9 percent...
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How do we try to spend less?
Nielsen asked Hungarian consumers how they try to spend less: 55 percent said they switch to cheaper groceries (back in 2013 this ratio was 70 percent). 52 percent said they...
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