Reduction of poverty rates in rural areas among findings of CAP assessment

The Common agricultural policy (CAP) is increasingly market oriented, leading to an increase in EU competitiveness and trade performance. Supporting Tovább

Rekordteljesítményt érhet el az agrárium idén

A magyar mezőgazdaság több szempontból sikeres évet zár idén, ennek köszönhetően a kibocsátás enyhén emelkedhet, meghaladhatja a 2600 milliárd forintot, Tovább

Hungarians’ talent, diligence are basis for continued economic growth – Orban

Hungarians’ talent and diligence provide the foundations for the country’s continued economic growth, Prime Minister Viktor Orban said in a Tovább

Nyomulna a Jeep a magyar mezőkön

A Fiat Chrysler Automobiles-hoz tartozó Jeep a leggyorsabban bővülő márka Európában, ezt a pozícióját 2019-ben is szeretné megőrizni, modelljei új Tovább

Danish company Vestfrost to expand its production capacity in Csongrád

“Danish company Vestfrost will be expanding its existing refrigerator production and storage capacities in the city of Csongrád with an Tovább

A méhészetnek fontos szerepe van a vidékfejlesztésben

A magyar méhészet óriási szerepet játszik a vidékfejlesztésben, a vidék népességmegtartó erejében, valamint az ökológiai egyensúly megtartásában – mondta az Tovább

Takarek Group sets sights on higher profit, tighter integration

Takarek Group, which comprises Hungary’s integrated savings cooperatives and their “central bank”, Takarekbank, aims to boost annual profit to HUF Tovább

Hungarian cattle exports to Turkey decline

Hungarian cattle exports to Turkey, a big market for local livestock farmers, are down almost one-quarter, but demand in Russia Tovább

Minél több nyertes kell az agráriumban

A számos átalakulási és modernizációs kihívással szembenéző agráriumban együttműködésre és összefogásra van szükség, az Agrárminisztérium pedig a jövőben is partnere Tovább

Vendégváró ménesbirtok és gyakorló tanüzem – Mintagazdaság épül Mezőhegyesen

Mezőhegyesnek nemcsak múltja, jövője is van és ez a jövő a tervek szerint nemcsak a környező vidék, a térség jövőjét Tovább

Afrika magára talál

Az afrikai gazdaságok idén 4,5, jövőre pedig 5 százalékkal növekedhetnek, azaz lassan visszatérnek a 2008-ban kirobbant pénzügyi világválság előtti szintre Tovább

 

Category Archives: English news

Nestle inaugurates HUF 20bn expansion at pet food plant in Hungary

vgSwiss-owned Nestle Hungaria inaugurated a HUF 20bn expansion at its pet food plant in Buk (W Hungary). The 5,000sqm plant shows Nestle’s commitment to Hungary, National Economy Minister Mihaly Varga said at the ceremony. 

Magosz takes more than 88pc of vote in ag chamber election

mg1

County delegates supported by farm association Magosz took 88.3pc of the vote in National Agriculture Chamber (NAK) elections on Friday, the chamber’s head said at a press conference.

Zwack profit falls in H1 as sales decrease

zw1After-tax profit of Zwack Unicum, Hungary’s best known spirts maker, fell 12pc year-on-year to HUF 886m in the first half of its 2017-2018 business year, an earnings report released after the closing bell on shows.

Farm gate prices climb 4.1pc in April

fmFarm gate prices in Hungary rose 4.1pc year-on-year in April, the Central Statistics Office (KSH) said. 

Hungary farm gate prices rise 1.4pc in March

siner-indigo-farmers webFarm gate prices in Hungary rose 1.4pc year-on-year in March, the Central Statistics Office (KSH) said.

Household spending on food products rises 3.3pc in 2016

Stockphoto - Sertés - Malac - DisznóHungarians’ monthly per capita spending on foodstuffs was at HUF 20,400 in 2016, up by 2.6pc in current prices from the previous year, a summary of data published by the Central Statistics Office shows.

EU – Canada Summit: An historic juncture in our political and economic partnership

jc_The 16th Summit between the European Union and Canada held in Brussels marks a historic juncture in our political and economic partnership, in the 40th year of formal cooperation.

Libya: EU adds 3 people to sanctions list

asOn 1 April 2016, the Council added three names to the list of people subject to EU restrictive measures against Libya. Agila Saleh (on the photo), president of the Libyan Council of Deputies in the House of Representatives; Khalifa Ghweil, prime minister and defence minister of the internationally unrecognised General National Congress; and Nuri Abu Sahmain, president of the internationally unrecognised General National Congress, are viewed as obstructing the implementation of the Libyan Political Agreement of 17 December 2015 and the formation of a Government of National Accord in Libya.

Hungary Maastricht debt 75.3pc of GDP at end of 2015

mgy1

Maastricht state debt stood at 75.3pc of GDP at the end of December 2015, down from 76.2pc at the end of 2014, financial account figures published by the National Bank of Hungary (NBH) on show.

Budapest Bank posts net profit of HUF 14.7bn in 2015

gyzHungary’s state-owned Budapest Bank (BB) group had consolidated net profit of HUF 14.7bn in 2015 according to Hungarian Accounting Standards, the bank said. The bank reported losses for the first time after twenty years of operation in 2014, when net losses came to HUF 38.7bn. 

North Korea: EU expands restrictive measures in line with UNSC resolution

nkToday the Council expanded restrictive measures against the Democratic People’s Republic of Korea (DPRK) in accordance with United Nations Security Council resolution 2270 adopted on 2 March 2016.

Statement by Transport Commissioner Violeta Bulc

gw on the one-year anniversary of the crash of Germanwings Flight 9525

Budapest to host annual IOSCO conference

nbWith a successful application by the National Bank of Hungary (NBH) Budapest will host the annual conference of the International Organization of Securities Commissions (IOSCO) in 2018, the NBH said.

Takarekbank, grain farmers assoc sign cooperation agreement

zfHungary’s Takarekbank has signed a cooperation agreement with the National Association of Grain Farmers, the parties said. Under the agreement, Takarekbank will develop financing products tailored to grain farmers’ needs. It will also provide them with market information and forecasts. 

Poultry demand drops because of cheaper pork

pyFarmgate prices for poultry fell early in the year because of a drop in demand as consumers bought cheaper pork instead. Farm gate prices for whole chickens dropped 6pc year-on-year in January.

Hungary farm minister meets with Israeli counterpart

uaHungarian farm minister Sandor Fazekas met with his Israeli counterpart Uri Ariel in Budapest, the Agriculture Ministry said. The sides agreed on cooperation in the area of research and development, including the exchange of experts and a partnership between institutes in Hungary and the Volcani Centre, a farm research facility in Israel.