News and articles
Greek truffles are becoming more popular
The market for truffles is dominated by Italian and French products, but their prices have jumped into the sky recently. So, Eklekto, who had begun scrutinizing the Greek Forests last...
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Magazine: Trademark using companies at the METRO Gastro Academy
In July 2018 METRO hosted the first retail forum of HUNGARIAN PRODUCT Nonprofit Kft. at its Gastro Academy in Budaörs. The representatives of METRO and about 30 companies that manufacture...
Read moreAnalysts: retail sales growth was surprisingly slow last December
The annual growth rate of retail sales surprisingly slowed down in December last year – market analysts told MTI, commenting the data of KSH’s first estimate published today. They conclude...
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COOP was recognized with a prestigious franchise professional award
The Hungarian Franchise Association held its traditional annual gala party on 31 January, where the 2018 franchise awards were handed over. COOP proved to be the best in two of...
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Zwack’s sales and profits increased
In the first three quarters of the 2018-2019 business year, Zwack Unicum Plc. recorded gross revenue of 23.88 billion forints, which is 19.1, compared to the same period of last...
Read moreMountain Villages: the best Hungarian wines are competing in Poland
The gold and silver medalists of the National Wine Competition will take part in a wine competition in February in Warsaw – the Secretary General of the National Council of...
Read moreSeed Alliance: the area of spring barley and oats continues to decrease
In the case of spring barley, a net price of 100 thousand HUF per tonne and in case of oat a 105 thousand HUF per tonne price was published by...
Read moreThe creation of the tracking system for tobacco products could cost four billion
The ND National Tobacco Trade Nonprofit Zrt. launched a public procurement procedure for the development of a monitoring system for tobacco products, with an estimated value of 4 billion HUF....
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In the past seven years, retail sales in the euro area fell the most in December
In December, retail sales in the euro area have fallen with the largest extent in the euro area of the past seven and a half years, according to a statement...
Read moreRomanian retail sales grew by 5.4 percent last year
Last year, the volume of Romanian retail sales increased by 5.4 percent, compared to the previous year – the Romanian National Statistical Institute announced on Tuesday. According to the seasonally...
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American agriculture suffers from Arctic cold
The Arctic inflow of icy air has forced slaughterhouses and grain processors in the United States to temporarily shut down. The temperature in the Midwest region has fallen to such...
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(HU) Csökkenéssel kezdte az évet a GKI konjunktúraindexe
Sorry, this entry is only available in HU....
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Magazine: A pack of chewing gum and a box of marijuana, please!
According to a Bloomberg report, published by Convenience Store News in August, sales in the marijuana segment of FMCG products can reach USD 50 billion by 2026. In the USA...
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The new livestock law to come
It is expected that the new Animal Breeding Act will be adopted in the spring, which will enable Hungarian breeding organizations to defend their positions against their multinational competitors in...
Read moreRetail sales increased by six percent in 2018
In December last year, retail trade turnover was 3.7 percent, according to the raw data, while calendar effect adjusted it was 4.1 percent higher than a year before. At the...
Read moreThe agricultural output exceeded 2,700 billion HUF
The key issue for the development of Hungarian agriculture is to increase production, which can be achieved by improving competitiveness and efficiency – Nagy István, Minister of Agriculture said on...
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There may be a shortage of domestic seed in case of some arable crops
The Seed Association Interprofessional Organization and Product Council (VSZT) warns of the risk of domestic seed shortages in case of spring barley and oats, due to the declining crop area....
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MNB: corporate lending accelerated in 2018
According to the data of the National Bank of Hungary (MNB), corporate loan demand picked up last year. At the end of December, the debt of non-financial corporations against domestic...
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The government will spend 150 billion HUF on the Hungarian Village Program this year
This year, more and more central budget resources will be spent on settlement development in Hungary, of which 150 billion HUF will be spent on the Hungarian Village program –...
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Support is also needed in the most difficult moments of the smallest babies and their families
The multifunctional room of the premature center in Debrecen can be used for early parenting preparation and can be converted into a grace room if necessary. In Hungary, every 10th...
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Lidl sells FIAT cars online
Lidl has entered the car liesing market, and now German private clients can drive small city cars from the company – hvg.hu wrote. There is nothing else to do with...
Read moreRetail sales in the Czech Republic increased by 4.8 percent last year
Compared to last year, retail sales in the Czech Republic increased by 4.8 percent – the Czech Statistical Office (CSÚ) announced on Tuesday in Prague. A year before, in 2017,...
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Economic sentiment is on a four-year low in the euro area, according to ifo’s survey
The economic sentiment for the first quarter in the euro area fell to a four-year low, according to an analysis by the University of Munich’s Ifo Institute for Economic Research...
Read moreMagazine: Organic connections
The Hungarian Cosmetics and Household Chemicals Association (KOZMOS) is 25 years old in 2018. On 24-25 October they organised their annual conference in Visegrád. General secretary István Murányi opened the...
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VAT reduction on milk resulted in cheaper milk
As a result of the VAT reduction on milk, fresh milk is now 4-5 percent cheaper than before. The VAT reduction of the UHT and ESL milk in January this...
Read moreRaiffeisen expects 3.4 percent growth this year
This year, the economy may grow by 3.4 percent in Hungary, but in 2020-2021, the economy is expected to grow by only 2-3 percent – RaIffeisen Bank told MTI in...
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Producers have to adapt to the new challenges of fish farming
The new challenges for fish farming have to be adapted by the European Union and Hungary, and besides the economic benefits, the development of fish farming in Hungary would result...
Read moreImports increased
In November last year, the value of exports calculated in euro increased by 4.5 percent, while the value of imports calculated in euro increased by 7.3 percent – according to...
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Lédó Ferenc was elected as the agricultural professional of the year
The jury awarded the agricultural professional of the year 2018 title to Lédó Ferenc, chairman of the FruitVeb Vegetable-Fruit Interprofessional Organization – Privátbankár.hu wrote. According to the announcement of the...
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