Other
LG battling food waste
LG has joined forces with the London Vegetable Orchestra (LVO) to raise awareness of the issue of food waste, and to show how consumers can preserve fresh food days or...
Read more
Quantity matters
Three teams travelled from Hungary to the Shell Eco-marathon Europe competition in London, where they and another 168 teams were battling for energy efficiency: which vehicle could get farther on...
Read more
Magazine: Money can be saved on commercial vehicles
Tibor Szilveszter, sales and marketing director for vans at Mercedes Benz told Trade magazin that thanks to the engineering innovations of Mercedes-Benz, drivers can bring the most out of their...
Read moreGlobal food import bill on the rise despite stable markets
Global food commodity markets are well-balanced, buoyed by ample supplies of wheat and maize and rebounding production of oilseed products. However, rising shipping costs and larger import volumes are set...
Read more
Despite the VAT cuts, the price of pork increased
Pork has been significantly cheaper over the last year, so more and more people hear that there is nothing to do with VAT cuts because they can not lower the...
Read more
The Nébih tested Caucasian kefirs
The National Food Chain Security Office (Nébih) tested Caucasian kefirs. Serious problems were not found during the investigations – the agency told MTI on Friday. According to Nébih’s announcement, 17...
Read moreA quarter of autumn wheat is already in the storages
A quarter of the nearly one million hectares of winter wheat in the country are already in the storehouses; This year’s average yield will be around 5.2 tonnes per hectare...
Read more
The number of women is increasing in agriculture
The proportion of women working in agriculture in the world is growing steadily, not only in the labor force, but also among the owners and managers of the farms –...
Read more
Foreign trade in the euro area expanded significantly
Foreign trade in the euro area flourished in May. Exports and imports have expanded considerably, which is another sign that world trade is in a good state. The world’s number...
Read moreConsumer sentiment on its 8 month nadir in the world’s largest economy
Consumer sentiment in July reached an 8 month nadir in the United States – the regular monthly survey of the Michigan University revealed. The preliminary results were published on Friday....
Read more
AKI: Poultry meat export to Hong Kong reaches record level
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that Hungary’s poultry meat export dropped 18 percent to 43,000 tons in the first...
Read moreAgrarian Chamber: We are champions in sweetcorn
Hungary is the largest sweetcorn producer in Europe and after the United States the second largest exporter in the world. In domestic production, super-sweet varieties have been spread, Hungarian sweetcorn...
Read moreThe Kopint-Tárki Zrt. expects an increase of 3.7 percent and a 2.3 percent inflation this year
This year, the researchers of the Kopint-Tárki Konjunktúrakutató Intézet Zrt. expects an increase of 3.7 percent and an annual inflation of 2.3 percent inflation – Palócz Éva, CEO of the...
Read more
Butter prices rose twofold
Food prices may became more expensive this year, due to the increase in the price of butter – Origo wrote. Butter prices have doubled this year, due to unfavorable weather,...
Read more
The breach of procedure, due to the restriction of retail companies in a new stage
The European Commission has informed the Hungarian Government that it has sent a reasoned opinion on the matter, which is the second stage of the procedure. The legislation prohibits the...
Read more
Advocacy: the operators of the beverage and food vending machines will be affected badly by the new legislation
Thousands of beverage and food vending machine operators may disappear, as the new legislation disadvantages operators, and some of its specifications are unachievable – the Hungarian Food and Beverage Association...
Read more
Grill/BBQ season in METRO stores: experience above all!
Today – in practically every field of life – we are trying to sell experience, and grilling and BBQ are no exception. In line with the dynamically changing demand from...
Read more
It’s because of Louis XV! – Video of the day
White gloves, palace interiors, made to measure menu — this is how the dinner from Alain Ducasse at Le Louis XV (Monte Carlo, Monaco) looks like. One of a kind...
Read more
Cold storage facility built in Iváncsa
A cold storage facility has been built from HUF 1.6 billion in Iváncsa. From the project’s budget HUF 1.2 billion came from the government. Owner Alba Fructus Kft. created 15-20...
Read more
1,300 billion for rural development
By 31 March all 68 grant programmes have been announced in the domain of rural development, with a total budget of HUF 1,300 billion. From these 30 have already been...
Read more
Information exchange for risk assessment purposes
The recommendations worded as part of OECD’s Base Erosion and Profit Shifting (BEPS) project have great influence on the international practice of transfer pricing. The goals of the BEPS action...
Read moreKSH: agricultural purchasing prices have continued to rise
In May, due to a 0.9 percent decline in plant products prices and a 15.0 percent increase in live animal and animal products, the agricultural purchasing prices increased by 4.5...
Read more
Tasting in only 4 stores
With the participation of NAK, the melon promotion campaign started last week with the participation of seven chain of stores (ALDI, Auchan, CBA, Lidl, METRO, SPAR, Tesco) Because of the...
Read more
Cattle increased, pig and sheep stocks dropped
The number of pigs increased by 22,000 last year, while the number of pigs decreased by 219,000 and the number of sheep decreased by 36,000, according to the Central Statistical...
Read moreInflation was at its low point in June this year
The slowdown in inflation in June was in line with the analysts’ expectations, who continue to expect increase. After last month’s slowdown, the price of commodity prices, especially the prices...
Read more
GKI: The minimum wage increase affected net earnings less than expected
The minimum wage increase affected net earnings less than expected. In case of the taxpayers, who declared themselves as minimum wage entrepreneurs, net wages between May 2016 and May 2017...
Read more
The market for robotics will grow by 20 percent this year
This year, the amount spent on robotic technology purchases increases by nearly 20 percent according to the US International Data Corporation’s (IDC) survey. According to IDC’s forecast, this year, 97.2...
Read moreFMCG retail sales at our ‘neighbours’
Czech Republic Retail sales expanded faster than the European average: in Q1 2017 like-for-like FMCG value sales increased by 2.3 percent on average. In Q4 2016 volume sales rose 3.1...
Read more
Tax traffipax from NAV
In the spring the National Tax and Customs Administration (NAV) performed 120 previously announced on the spot inspections. This so-called tax traffipax programme resulted in more receipts being issued by...
Read more