Events

GDP grew by more than three percent last year

Last year, the GDP was 33 999.0 billion HUF. Calculated at constant prices GDP increased by 3.1 percent compared to the previous year, while the deficit of the governmental sector...

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The renewal of the food industry begins soon

The support scheme, which provides investment opportunity mainly to domestic companies for the renewal of the food industry begins soon – the Vice President of the National Assembly, President of...

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Researchers' Night: the NÉBIH also welcomes visitors

The National Public Health and Medical Officer Service (Public Health Service) awaits the visitors with lab visits, experiments and educational lectures on Friday in Budapest, at the Researchers' Night. The...

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KSH: trade surplus was 668 million euros in July

The euro-denominated value of exports declined by 5.4 and imports decreased by 6.4 percent in July compared with a year before. The trade surplus increased by 31 million euros to...

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Adverse German retail sales

In the first eight months of this year retail sales grew by 2.2 percent in real terms, in annual comparison in Germany. The Federal Statistical Office (Destatis) reported on Friday...

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The Prime Minister's Office suspends the tender for the modernization of grain storages, dryers

The Prime Minister's Office suspends the tender for the modernization of grain storages, dryers and cleaners, due to too much claims – the Prime Minister's Office told MTI on Thursday....

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The authority found more than five tons of counterfeit pesticides

The inspectors National Food Chain Safety Office (NÉBIH) found and seized more than 2,600 kilograms of fake pesticides throughout the country. The National Food Chain Safety Office (NÉBIH) also ordered...

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Tobacco smugglers were caught by the Spanish authorities

The largest amount so far, 108 tons of contraband tobacco was found by the Spanish gendarmerie and the officials of the tax authorities in Valencia and Badajoz – authorities reported...

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Cosmetics without dangerous ingredients

In the last two years the market of paraben-free products has been expanding slowly but steady, in terms of both value and volume. This is the result of more conscious...

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‘Diabetic’ indication can’t be used any more

As of 20 July 2016 the ‘diabetic’ indication isn’t allowed to be used on food products in the European Union. The new regulation only makes it possible for manufacturers to...

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More and more lactose-free products, lower prices

Experts say there are about 3 million lactose-sensitive people living in Hungary and every tenth child is affected by this problem. No wonder that demand for lactose-free products has been...

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Stricter tracking rules

In October 2015 the Ministry of Agriculture and GS1 Hungary signed a cooperation agreement on establishing the National Food Tracking Platform. The platform’s objective is to help enterprises in their...

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KSH: 7.9 million tons of cereals grown this year

This year, 5.1 percent more, a total of 7.9 million tons of cereals grown, compared to last year, on a 0.4 percent less area – the Central Statistical Office (KSH)...

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The Chamber of Agriculture does not support the transfer of EU funds

The National Association of Agricultural Economics (NAK) does not support the transfer of EU agricultural funds – the public body told MTI on Wednesday. According to the information, the NAK...

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The growing area of leguminous plants has increased

The growing area of leguminous plants has increased significantly in recent years in Hungary, but continues to provide only a small part of domestic arable crop production. The Ministry of...

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Rural Development Agency: farmers will receive a higher amount of advances this year

This year, the Hungarian farmers will receive a higher amount of advances this year from the EU agricultural supports in the rest of the year – the president of the...

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The national trading house launches further trainings for businesses preparing to enter foreign markets

The Hungarian National Trading House (MNKH) Ltd. is organizing the “export academy” for the ninth time. Companies can apply to the training until 10 October – the company told MTI...

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Economic sentiment in the euro zone and in the EU improved in September

Economic sentiment in the euro zone and in the European Union improved as well in September. According to the report, issued by the European Union Economic and Financial Affairs (ECFIN)...

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The NAV foun an illegal cigarette factory in Budapest

The finance officers of the National Tax and Customs Authority (NAV) unveiled another cigarette factory of an international criminal organization with the help of the Bulgarian authorities and Europol. Tóth...

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Cheaper small-scale farmer IDs

The new, card-format small-scale farmer IDs will take more time to make, but manufacturing them will cost only half the sum originally planned. Almost 190,000 cards need to be manufactured....

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Baker association wants VAT cut

The Hungarian Baker Association urges a VAT cut and wants fair market conditions in the baking industry. President József Septe is of the opinion that prices need to be increased...

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Watermelon oversupply in Europe

This year’s watermelon season was characterised by low purchasing prices and oversupply, not only in Hungary but in the whole of Europe. This year Spanish and Italian watermelon was still...

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From now on there will be more meat in the sausages

Sausages and parisians should contain more meat, because the regulations of the Hungarian Food Code will change. The use of mechanically separated meat was tightened as well. New quality requirements...

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GKI: Hungary's GDP may expand by 2 percent this year and by 2.7 percent in 2017

According to the most recent forecast of the GKI Gazdaságkutató Zrt. ( GKI Economic Research Co.), Hungary's GDP may expand by 2 percent this year and by 2.7 percent in...

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The NAK supports the agriculture and the food industry training with market survey

The National Agricultural Economics Association (NAK) in collaboration with the Agricultural Economics Research Institute (AKI) launches a complex labor market research to assist the market-oriented vocational training, suitable for the...

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Fazekas: Increase in milk procurement prices can be felt less in Hungary

The increase in milk procurement prices have already begun in the European countries, in Hungary, however, this is not very noticeable – the Minister of Agriculture told M1 news channel....

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The little self-sufficient local farms are looking for local production facilities

It is vital to have employment in small communities, which provides a livelihood for the local people, and helps to keep populations to retain themselves. The government supports the creation...

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Consumer sentiment reached its nine-year peak in the world's largest economy

The Conference Board Consumer Confidence Index Increased in September The Conference Board Consumer Confidence Index®, which had increased in August, improved further in September. The Index now stands at 104.1...

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Autumn fish stocking has started at the Lake Balaton

Fifteen tons of carps were put into the Lake Balaton near Balatonlelle and Siófok on Monday. Szári Zsolt, CEO of the Balatoni Halgazdálkodási Nonprofit Zrt. (Lake Balaton Fish Management Company)...

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VAT fraud is Europe’s third biggest problem

Three quarters of European think that fighting VAT fraud is the third most important priority for the European Union, right after battling terrorism and reducing the level of unemployment –...

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