Hungary's wheat wheat harvest might fall to 3.5mn tones in 2011, MTI news agency reported, quoting the head of the domestic farming association, Istvan Jakab. Jakab pointed out that the area of arable land, used for wheat growing this year, was decreased by 200,000 hectares this year. According to statistics office data, the cereals output declined by 12% y/y to 12.3mn tonnes from 2.6mn hectares of land (down by 11% y/y) in 2010. The production of wheat in particular narrowed by 15% to 3.8mn tonnes, while the land area for wheat production declined by 12% y/ to 1.011mn ha. The average yield was 3,720 kg/ha. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more