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Analysts: trade surplus exceeded the expectations in June
The growth of the trade surplus in June exceeded the expectations of the analysts. The annual export surplus according to the analysts of the Erste and ING Banks is likely...
Read moreOECD: a recovery in the euro zone and a slowdown in the US and China
THe Composite Leading Indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to stable growth momentum in the OECD area as a whole. Stable growth...
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Visa: Hungarians use their bank cards more regularly
Card usage increases in Hungary, compared with cash use. According to the survey of the Visa Europe examining the Balaton region, the number of POS transactions grew by 17 percent...
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The DHL signed official logistics partnership deal with MotoGP
DHL announced a new three-year partnership with the world's premier motorcycle racing championship, MotoGPTM. The partnership will see DHL support the logistics needs of MotoGPTM and its sister championships, Moto2TM...
Read moreHarvest has begun in the Sopron wine region
Compared to last year, the harvest has begun in the Sopron wine region one day earlier; on Monday. Kurt Taschner, the owner of the Taschner Wine House told MTI on...
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Hungarian brewers are proud of the quality they produce
On 15 June the Federation of Hungarian Breweries published a statement, welcoming the fact that inspections by the Hungarian Authority for Consumer Protection found that each of the 40 different...
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Growth in domestic trade catches up with export
According to GKI Economic Research Zrt., in 2015 Hungary’s economy will grow faster than the European Union’s 1.8-percent average, but it has no chance of repeating last year’s 3.6-percent expansion...
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Sziget Festival: the consumer protectors are constantly monitoring the festival
The consumer protectors are constantly monitoring the vendors of the Sziget Festival – Anita Kiss, press officer of the National Consumer Protection Authority (NFH) told on Tuesday at a press...
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Field work done the optimal way
Esri Hungary Ltd. has a solution called ArcGis, which relies on spatial data to provide business decision-makers with the latest data they need. Attila Oláh, the managing director of Esri...
Read moreThe government will give significant amounts for the development of the wineries
The government devotes a significant amount of technological development to the wineries, from the 1,300 billion HUF rural development program of the coming period – Kis Miklós Zsolt Minister of...
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KSH: a revival in foreign trade in June
The foreign trade turnover increased significantly in June: the value of exports calculated in euros increased by 13.4 percent, while the imports by 8.9 percent, compared to the previous year,...
Read moreThe NÉBIH will test the freshly harvested grain
In order to filter out contamination in grains, the NÉBIH will test the mycotoxin ie fungal toxin content of cereals – the deputy director of NÉBIH told M1 news channel...
Read moreHungary’s fish consumption is lagging behind the EU
The per capita consumption of fish in Hungary is the lowest in the EU – 444.hu wrote. In fact, Hungary only precceedes such countries as Mongolia, Nepal and Ethiopia. Even...
Read moreNo false alarms: Grapevine flavescence dorée in the vineyards
Year 2015 brought an excellent vintage to those in the wine-growing regions that were not affected by hail or vine diseases. However, the professional event of Syngenta, the professionals also...
Read moreThe NAV found more than fifty thousand packs of contraband cigarettes
The finance guards of the National Tax and Customs Administration (NAV) found a total of 52 thousand packs of contraband cigarettes in two pickup trucks on the 8th main road...
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Consumers are in a better mood, but they are still also saving money
Hungarian consumers were more willing to part with their money in Q1 2015 than in Q4 2014. This trend is reflected in the fact that the Hungarian consumer confidence index...
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Final stage of the budgetary period’s first round of grants starts
This summer the final stage of the EU’s current budgetary period’s – which ends in 2020 – first round of grants starts. In the time there is left from this...
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Beer is popular
Hungarian brewers sold 2 percent more (in volume) beer last year and the same sales growth is expected for this year as well. According to data published by the Federation...
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Standardised EU data protection regulation planned
The European Union plans to introduce new, standardised data protection regulation. This step would foster fair competition and help businesses to profit from the advantages of the Digital Single Market....
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200m² and smaller
200m² and smaller stores sold a bit more than HUF 11 billion worth of household chemicals and cosmetics in January-April 2015. If we examine the below-50m² channel separately, we can...
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New award for young executives
The Young Executives Academy organised its ‘Young executive of the year – 2015’ award programme for the first time. Annamária Tóth, the head of academy operator Coaching Team told our...
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A baguette crisis is threatening Paris
In Paris, the iconic baguette is so beloved that historic laws insist upon bakers curtailing their holidays to remain open throughout the summer months. Now, those laws have been scrapped...
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FAO: food prices on a six-year low
Food prices fell to the lowest in almost six years, led by plentiful supplies of dairy products and palm and soyabean oil, according to the UN Food and Agriculture Organisation....
Read moreFM: the Italian wine remains under lock until the completion of the investigations
Until the completion of the tracking investigations the 50 thousand hectoliters of Italian wines will be blocked by the National Food Chain Safety Office (Nébih) Fazekas Sándor, Minister of Agriculture...
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FruitVeB: the effect of extreme heat affected all plant species and varieties
Ledó Ferenc, the president of the Hungarian Fruit and Vegetable Interprofessional Organisation (FruitVeB) told MTI that the effect of extreme heat affected all plant species and varieties. Ledó Ferenc reminded...
Read moreNearly 90 percent of the winter wheat was harvested in Zala County
So far, 88 percent of the winter wheat was harvested in Zala County on a more than 20 thousand hectares of area. The average yield was 5.18 tons per hectare...
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Cofidis: 40 percent of the population repay loans
Currently, 40 percent of the 18-69 year-olds are repaying loans loans, while the ratio of new borrowers has not changed since last year, compared to the entire population. While in...
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Russians destroy tons of fruits and vegetables
The destruction of products covered by the Russian food embargo begun is in accordance with the recently signed Russian presidential decree. Vladimir Putin signed the decree on the destruction of...
Read moreIllegal tobacco processing plant was found in Kékcse
The National Tax and Customs Authority’s finance guards found an Illegal tobacco processing plant in Kékcse, Szabolcs-Szatmár-Bereg county. Dávid Zoltán, press officer of the Szabolcs-Szatmár-Bereg county customs and excise directorate...
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Nitro Circus was an enormous success!
It was a breathtaking show: the Nitro Circus tour first visited Hungary this summer and the motorsport extravaganza was a once in a lifetime experience for spectators. The biggest star...
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