Events

Product Board: a 20 percent crop loss in vegetables is expected

A 20 percent crop loss can be expected for vegetables due to the damages caused by the weather – according to the FruitVeB Hungarian Vegetable Fruit Interprofessional Organization and Product...

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The European Commission is expecting 3.6 percent growth for this year in Hungary

The European Commission improved its prognosis for the growth in the Hungarian gross domestic product (GDP). The European Commission expects a 3.6 percent increase in gross domestic product (GDP) for...

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The bees suffered a great loss, less honey is expected

One-third of bees died in Jász-Nagykun-Szolnok County during the winter. Because of the less productive bees, it is likely that there will be less rape and acacia honey this year...

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A prominent number of exhibitors represent Hungary at the International Agricultural Fair in Novi Sad

In connection with the Hungarian government’s economic development program in Voivodina, a prominent number of exhibitors represent Hungary at the International Agricultural Fair in Novi Sad. Fazekas Sándor Minister of...

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Agriculture Academy: there is a need for increasing competitiveness and the spread in agri-environment management

The Director-General of the National Center for Agricultural Research and Innovation (NAK) called for precision farming in order to increase the competitiveness in agriculture. V. Németh Zsolt, Minister of State...

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Consumer sentiment in the United States is on its four months peak

Consumer sentiment improved in the US in May, reaching a peak of four months – according to the preliminary results of the University of Michigan’s Monthly Survey. The consumer mood...

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Commerce Expo 2017: women drive the sales growth in e-commerce

On 30 March the eCommerce Expo was organised in Budapest. There were 50 speakers and several thousand participants at the event. No wonder that interest was great: according to data...

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Developing European drink market

According to a survey by Moody, the alcoholic and soft drink market will continue to develop in Europe in the next 12 months. The survey used the forecasts of major...

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Economic relations between Germany and Hungary run smoothly

Germany is one of Hungary’s most important economic partners when it comes to food trade. With its 80 million consumers, the German food market is the biggest in Europe. The...

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Nielsen: We spent 303 billion HUF on premium products last year

Consumers’ purchasing preferences were significantly rearranged in 2016. With regard to price segments, the demand for premium products is growing in the top 10 categories of food and chemical products,...

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KSH: agricultural producer prices increased

The decline in agricultural producer prices stopped in March. Prices increased by 1.4 percent, compared to the same period of the previous year, due to a 3.6 percent decline in...

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MRSZ: the advertising market has three and a half years to adapt to the new rules on public advertising

From 28 May, only such advertising tools can be placed in a public space that corresponds to the LXXIV. law. The existing advertising tools that are not in compliance with...

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The Agrármarketing Centrum presents Hungarian handicraft products with its partners at the Góbéfeszt in Manchester

The Góbé Festival debuts in Manchester, at the Albert Square on May 13-14, 2017 with various gastronomic offer and the best of the Transylvanian Hungarian culture. The meaning of the...

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FM: more professionals would be needed to boost the agricultural economy

The number of students enrolled in agricultural education has increased by two percent last fall, but there are still fewer professionals graduate in these institutions than would be needed for...

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Focus on the sport economy and exportable Hungarian sports innovations

Sports is globally one of the most dynamically developing industries and its innovations in the segment is an international jumping opportunity for Hungarian companies as well. Recognizing this, the Hungarian...

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Every fifth international chain would expand in Hungary according to a survey

65 percent of the international retail chains would expand in the United Kingdom in 2017. 19 percent of the international retail chains mentioned Hungary as well, thus Hungary is the...

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The Somogyi Wine Festival to be organized for the first time

The Somogyi Wine Festival to be organized for the first time. The event promoting the wines of Somogy county will take place from 8 to 11 June in Kaposvár. Sixteen...

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Inflation declined to 2.2 percent in April

Consumer prices were on average 2.2 percent higher in April than a year before, inflation slowed down by 0.5 percentage points from the annual 2.7 percent of March. Compared to...

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Nébih: Food counterfeiting is the second largest illegal deal in the EU

After drug trafficking, the second largest illegal business is abusing with food chain products in the European Union and it is the fourth in the world – Helik Ferenc, Helik...

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Foreign trade surplus may remain significant in the future

The foreign trade surplus may remain significant in the future, according to MTI’s macroeconomic analysts, who are expecting a further growth in exports in the coming months. According to preliminary...

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Conference on sustainable food production

It is becoming increasingly important to reduce the impact of agricultural production on natural resources. The laws aim to reduce negative environmental impacts are inevitably affect the market developments in...

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The proper digital and tax environment is the precondition of the success of the economy

Szijjártó Péter, Minister of Foreign Affairs was the guest of the Economic Summit of the Hungarian Association of Employers and Industrialists (MGYOSZ). At the event, Dr. Futó Péter, President of...

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Trading House: The Hungarian companies are competitive in the Iraqi market

In just a year, the value of total Hungarian exports to Iraq increased by 30 percent, which demonstrates that the Hungarian companies are open and competitive in the Iraqi market...

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(HU) GKI: Eddig a vártnál gyorsabb ipari és lassabb kiskereskedelmi bővülés

Sorry, this entry is only available in HU....

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Destination: Iran!

Iran is the biggest country in the Middle East (its territory is 1,648,195km²) with a population of 82.2 million. The size of irrigated land is bigger than Hungary: 95,000km². Iran’s...

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Producing quality for 125 years

The Dr. Oetker brand has stood for reliability and quality since the start in 1891. Dr. Oetker Backin Baking Powder, Vanilla Sugar and Pudding Mix have been the first products,...

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Last year’s domestic advertising spendings increased by 11 percent

Last year, the domestic advertising spending was 216 billion HUF, 11.2 percent more than a year before – according to the data published by the Hungarian Advertising Association (MRSZ) on...

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Almost 50 tons of food was seized by the Nébih in recent months

More than 47 tonnes of fake or poor quality food and 107,000 liters of other products were withdrawn from circulation by the National Food Chain Safety Office (Nébih) during the...

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KSH: the foreign trade surplus in the first quarter is close to 2.5 billion euros

In the first quarter, exports in euros increased by 12.6 percent, and imports in euros by 14.6 percent compared to the previous year. The foreign trade surplus decreased by 72...

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The Agricultural Marketing Center showcases the Hungarian products in Hong Kong

The Agricultural Marketing Center (AMC) presents the Hungarian products at the Hofex professional exhibition in Hong Kong. The AMC reported that in the 54 square meter Hungarian exhibition area, in...

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