Events
The NASA would grow potatoes on Mars
The experiment, led by the International Potato Centre (CIP) and NASA, is a step towards building a controlled dome on Mars capable of farming the hardy crop -the abc.net wrote....
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Holes in retail’s boat
According to a survey conducted by Business Insider, sales of major players in retail such as Macy’s and Nordstrom are slowing down and this reduces the value of company shares...
Read moreAnalysts say that growth may continue in retail trade
According to the first estimate of the Central Statistical Office, published on Thursday the volume of retail sales in November 2015, increased by 4.8 percent according to the raw data...
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Food-retailing grew by four percent both in value and volume
Food retail trade achieved a turnover of around 1,540 billion HUF between December 2014, and November 2015 in the ninety product categories measured by Nielsen; 4 percent more than during...
Read moreKSH: retail sales increased by nearly 5 percent in November
The volume of retail sales in November 2015 increased by 4.8 percent according to the raw data and by 4.4 percent according to the calendar adjusted data, compared to the...
Read morePork: monitoring system monitors the effects of the VAT reduction
The Ministry of Agriculture (FM) is operating a monitoring system to check whether the result of the VAT reduction in January will result in cheaper pork in stores – agrarszektor.hu...
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The producer price of eggs continued to decline
After the eight percent drop in November, the producer price of eggs continued to decline in recent weeks, now barely exceed 20 HUF apiece – the Magyar Idők wrote onThursday....
Read moreLondon analysts: global economic growth is slowing
London financial analysts say that the global economic activity is slowing, but last year's year-end data still indicates a decent growth. The latest JP Morgan-Markit global services PMI gauge slid...
Read moreThe Eu retail sales rose, while a decrease occured in the euro zone
The volume of retail sales decreased in the euro area in November, compared to the previous month, but rose slightly in the European Union. The EU's statistical office (Eurostat) on...
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The European Consumer Centre can help in case of complaints against foreign companies
In case of complaints against foreign companies, one can ask for free personalized, professional and legal assistance. Over the last 10 years, the ECCs received more than 650,000 requests for...
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The car purchase plans of the domestic enterprises in 2016
2015 brought a recovery on the domestic passenger and commercial vehicle market, although the base was not too high. The average proportion of funding methods planned for 2016 in case...
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The U.S. government recommends to decrease sugar, salt and saturated fat consumption
The official advice from the U.S. government has arrived: The U.S. government has released its much-anticipated update to the Dietary Guidelines. The guidelines, which are revised every five years, are...
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Innovation gives momentum to chilled dairy snacks
Chilled milk pudding was one of the most dynamically developing categories in 2014. Eszter Varga, trade marketing and category manager of Dr. Oetker Hungary told our magazine that the category...
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Bless you!
People are most likely to catch a cold in the October-April period – this is the high season for OTC cough and cold remedies. Judit Török, sales director of Naturprodukt...
Read moreFAO: facts of the world food situation
The Agricultural Outlook, 2015-2024, is a collaborative effort of the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. It brings...
Read moreThere is a demand for processed food products in Hungary
There is a demand for processed food products in Hungary as well as abroad – Kis Miklós Zsolt Minister of State of the Prime Minister's Office told M1 news channel....
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Bread regulation to come
The government would regulate what can be sold in the stores as bread – the index wrote. The tightening of rules included in the Food Guide directly affects everyone, because...
Read moreHow much pork prices will decline?
Due to the VAT reduction, the retail price of pork dropped by 17 percent from 27 to 5 percent from January 1. The trade association predicts that an annual 25...
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MNB: the SMEs were given more than two thousand billion HUF in the loan growth program
In the first and second stages of the loan growth program (NHP) a total of 31 thousand enterprises were given advanced financing in a value of more than 2,126 billion...
Read moreThe public employees can find jobs in the commercial sector the most easily
The trade is the area of the competitive sector, where the public employees can position themselves the most easily – the Minister of State of the Ministry of National Economy...
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Ipsos: Hungarians assessed last year positive
Hungarians assessed their personal lives, the events of their immediate environment mainly positively in 2015. However they classify the events occured in the country mainly negatively – according to the...
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Kavosz: the loan amount Széchenyi Cards was increased to 50 million HUF
The loan amount in the Széchenyi Card Program was increased to 50 million HUF from the former 25 million HUF – Krisán László, . Chief Executive Officer of the Kavosz...
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Government amends tax legislation
One of the most important changes is that in its new form the law differentiates between reliable and risky tax payers. Those companies which qualify as reliable get a VAT...
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Single-rate food chain supervision fee returns
The Hungarian parliament has amended the legislation on the food chain supervision fee: in the future even those companies will have to pay 0.1 percent of their sales revenue which...
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GVH’s eyes set on cartels
The Hungarian Competition Authority (GVH) organised a press conference to introduce Cartel Chat, an online service that can be used anonymously and safely to get in touch with GVH about...
Read moreFood industrial applications from mid-February
The food industrial applications can be submitted from 15 February. The supports aim to facilitate improvements in an amount of 151 billion HUF – Kis Miklós Zsolt, Minister of State...
Read moreSpeculation and overproduction move the grain prices
Nearly 70 percent of world’s cereal production will be wheat and corn this year. Because of the previous high prices many people interested towards the grain section of the commodity...
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The Tokaj Trading House may become profitable
The four-year development plan of the Tokaj Trading House will be brought to the government in these days. On the basis of the plan, the company will be profitable by...
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Free mobile app shows the sugar content of meals and drinks
A new free app by Public Health England and National Health Service can track how much sugar a drink, food or dessert contains. They urge parents to use the new...
Read moreAgricultural primary producer cards to be renewed
The agricultural primary producer cards will be renewed. Instead of the paper cards card-based ID cards will be introduced, the new system has been successfully launched – the president of...
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