Events

Fifteen percent is spent on production from CAP payments

Industry experts say that it is “life saving” that Hungary can spend 15 percent within the direct payments of the Common Agricultural Policy (CAP) between 2015-2020. The allocation of funds...

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The Pig population increased in Békés County

The pig population increased in Békés County last year, after several years of decline. According to the 1 June 2014data of the Central Statistical Office (KSH), the number of pigs...

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The Central Bank's Growth Loan Program will be popular among the entrepreneurs this year

According to corporate experts of the Budapest Bank, the Central Bank's Growth Loan Program (NHP) will be popular among the businesses this year. The opening of EU funds will bring...

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Fazekas: the authority will help to the animal breeders

The Hungarian Veterinary Authority will help the farmerswhose animals were affected by bluetongue desease with all possible tools – Fazekas Sándor, Minister of Agriculture said in response to a question....

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A pumpkin that takes your breath away

A new record has been set for the heaviest pumpkin in Australia and New Zealand. Dale Oliver's winning pumpkin weighed in at 743 kilograms during the Summerland Pumpkin Competition held...

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Magazine: For healthier consumers: voluntary pledges made by food companies

After six months of preparation the Federation of Hungarian Food Industries (ÉFOSZ) published its scheme of voluntary pledges. Already 20 companies have joined the initiative who have made 70 pledges....

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Small increase in industrial production prices

In August 2014 domestic industrial sales prices rose 0.7 percent on average from the previous month. If compared with the level of August 2013, prices lowered 0.4 percent. Domestic production...

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Bridgeheads in North Africa: Algeria

In Algeria, a country with a population of 39 million, there is hardly any land suitable for agricultural production – no wonder that more than 80 percent food is imported....

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Everyone would buy a smart car

Nearly three quarters of consumers, 72 percent would delay buying a car by a year if a smart version was available from their favourite make – reveals an Ericsson-AT&T Drive...

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Online database about the shops that will remain open on Sundays

The Hungarian-owned content provider the NPMobileComm-NaviPro Group, has launcehed the VasarnapiNyitvatartas.hu site by involving its twenty-thousand commercial and tourism partners in Hungary – the company informs. According to the communication,...

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The Nielsen is the new owner of the Brandbank

Nielsen has announced the acquisition of Brandbank, which collects, manages and distributes FMCG product and brand image content, via digital means, for retail syndication across in-store, print promotional and e-commerce...

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The proportion of separately collected beverage cartons has increased

Last year, the proportion of separately collected beverage cartons has increased by 23 percent in Hungary. According to data of the Beverage Carton Environment Association (IKSZ) the amount of separately...

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The black economy is still strong in Eastern Europe

The turnover of the black economy in the Czech Republic in 2014 was about 612 billion crowns, ten billion more than in 2013 – the Visa financial group’s study reveals....

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The National Agricultural Economics Chamber and the Savings Bank signed a strategic agreement

The aim of the agreement between the National Agricultural Economics Chamber (NAK) and the Savings Bank (TakarékBank Zrt.) is to facilitate the implementation of the objectives of the agricultural and...

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German retail sales increased in December

The German retail sales increased by 4 percent last December on an annual level in real terms and in nominal terms by 3.5 percent according to the preliminary data of...

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Hungarians consume very small amount of sheep meat

The supports are the key basis to generate revenue for the sheep farmers for many years. It is an unhealthy condition and cannot be sustainable in long terms. Proper professionals...

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Russian embargo may lead to circular debt in the Hungarian food sector

According to Balázs Vanek, country manager of Atradius Credit Insurance the embargo Russia not only causes a loss in revenues to Hungarian agri-food companies, but also results in losing market...

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KSH: retail sales rose by 5.1 percent in November

The volume of retail sales in November last year were 5.1 percent greater than in the previous year according to both the raw and calendary adjusted datas – the Central...

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The government would significantly increase the SME exports

The government would significantly increase the export proportion of the small and medium enterprises (SMEs) in Hungary – Szabó László, the Parliamentary Minister of State of the Ministry of Foreign...

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The CÖF-CÖKA launches a program to assist rural family businesses

A program supporting the implementation of rural family businesses was launched by the Civil Unity Forum – Civil Unity Foundation (CÖF-CÖKA). Csizmadia László, chairman of CÖKA, founder of the CÖF...

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The Wine Guide of the Ister-Granum Euroregion has been published

The Ister-Granum European Territorial Cooperation Group has published a guidebook on the Hungarian and Slovakian wineries near Esztergom– the organization's project manager told MTI on Thursday. Eck András informed that...

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The native brown trout can become a gastronomic specialty

The researchers of the Gödöllő-based Szent István University (SZIE) have developed a farming method, which allows them to increase the proportion of native brown trout in the current Hungarian trout...

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NGM: 288 billion HUF flowed from the tobacco excise duties

From the tobacco excise duties 287.9 billion HUF flowed into the budget last year – Tállai András, Parliamentary Minister of State of the Ministry of National Economy (NGM) wrote in...

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Economic sentiment improved slightly in the EU

In January, the economic sentiment slightly improved in the 28 Member States of the European Union (EU) and in the 19 membered Euro Zone as well – according to the...

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Magazine: Can companies have conscience?

Social responsibility, sustainability, environmental protection – sometimes I feel that these values have been ‘eaten’ by business, they are nothing but mere decoration on the walls of company offices, just...

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Loyalty card and new petrol stations

Auchan launched its own Loyalty Card. Customers can register online or in stores. Points can be collected with more than 200 products at the same time, which change every month....

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PwC: less optimism, more confidence

Compared to 2014, the business leaders of the dominant companies are less optimistic about the improvements of the next 12 months expectation of the improving of the world economic situation,...

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Four out of five net users buy online

The regular net users use the World Wide Web for purchasing: 81 percent of the internet users purchased online at least once in the past year. The current E-Shopping Report...

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The Bakers’ Association does not see any way to decrease the price of bread

According to the Fidesz because of the cheaper price of fuel, the price of bread should be reduced, however the leader of the Bakers’ Association says that they are not...

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Economic sentiment: does the world and Hungary perform better?

According to the results of the poll of Ipsos conducted in 25 countries do not confirm the optimistic beliefs on the end of the economic crisis. Last year an average...

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