News and articles
Hungarian presence continued to expand at the world's largest fruit and vegetable trade show
In addition to the Hungarian national stand, this year the Hungarian sour cherry producers, tomatoes, pepper and horse-radish producers have a separate booth at the fruit and vegetable sector’s largest...
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The BI-KA Logisztika Kft. reached nearly 6 billion HUF in revenue last year
The net revenue of the BI-KA Logisztika Kft. increased by 620 million HUF (11 percent increase) to 5.9 billion HUF, compared to the previous year, thus the company further strengthened...
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EasyJet opened a discount store
A mega-discount shop has been launched by easyJet founder Stelios Haji-Ioannou, who aims to take on the budget supermarkets Aldi and Lidl. The Easy shops offers a range of basic...
Read moreRetail sales grew rapidly last year in the Czech Republic
Last year, retail sales rose by 5.9 percent in the Czech Republic. Sales growth was so high as in 2008 – the Czech Statistical Office announced on Thursday in Prague....
Read moreIncrease in air freight and passenger traffic in 2015
The International Air Transport Association (IATA) announced global passenger traffic results for 2015 showing demand (revenue passenger kilometers or RPKs) rose 6.5 percent for the full year compared to 2014....
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VHT takes steps to raise meat consumption
The Livestock and Meat Interprofessional Organisation and Marketing Board’s (VHT) objective is to increase per capita pork consumption by 5kg by 2020. Conditions are given as due to the Russian...
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AKG calculator
The environmental management for agriculture (AKG) calculator is already working on the NAK website. As part of the Rural Development Programme (VP), farmers could apply for AKG funding between 7...
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Food safety guaranteed
There were almost 400 participants at the IFS Food Safety Conference in Budapest at the Corvinus University on 5 November. Before the speakers took the floor IFS business development consultant...
Read moreKSH: retail sales rose by 5.5 percent in 2015
Together with the 5.0 percent increase in December 2015, the annual retail trade turnover growth was 5.5 percent higher than in the previous year, when it was 5.2 percent. The...
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Nébih and the Dairy Product Council signed a cooperation agreement
In order to protect the high-quality Hungarian dairy products, the National Food Chain Safety Office (Nébih) and the Milk Interprofessional Organization and Marketing Board signed a long-term cooperation agreement –...
Read moreCellars may overflow
According to the International Organisation of Vine and Wine (OIV), the world's wine production was about 275.7 million hectoliters in 2015. World wine production increased by two percent in 2015,...
Read moreThe gap is closing between the US and European prices
The futures price of corn gets closer and closer on commodity exchanges in the US and Europe in January. The decline lasting for months has continued in Europe and in...
Read morePublic Workers into the trade!
The National Economy Ministry launched its Public Workers into the Private Sector program on 1 February. According to the plans 20-25 thousand public workers will switch to the primary labor...
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The dm renewed some of its shops
Thanks to the expansion policy of the dm, last year dozens of businessess were renewed, and this will be continued this year as well: the drugstore started the year with...
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Hungarian seed market trends
The price of the seeds of the spring cereal crops is a net 97 thousand HUF per tonne price – the Seed Association Interprofessional Organization and Marketing Board published for...
Read moreNearly 50 Hungarian wines are competing at the Berlin Wein Trophy competition
Nearly 50 Hungarian wines are competing at the Berlin Wein Trophy (BWT) competition of the International Organisation of Vine and Wine. The biggest wine competition begins on Thursday in the...
Read moreRomanian retail sales grew by 8.9 percent last year
Romanian retail sales volume grew by 8.9 percent last year , compared to the previous year – the Romanian national statistical institute announced on Wednesday. The increase is mainly due...
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Chinese may buy Syngenta
China National Chemical Corp. is nearing an agreement to buy Swiss pesticide-and-seeds-maker Syngenta AG for about 43.7 billion francs ($42.8 billion) as the state-backed company extends its buying spree with...
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Nourishing Hand Creams
The key ingredients of Nourishing Hand Cream are Lavender and Kokum Butter that provide nourishment and long lasting hydration to leave your hands soft and smooth. Age Defying Hand Cream...
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Stress resistant stock markets
After the 13 November terror attack in Paris many analysts say stock markets may fall sharply should the attacks continue. Due to the constant threat people might stay at home...
Read moreGKI: Deceleration continues in 2016
After a number of weak years, the development of the Hungarian economy in 2014 was the second fastest in the EU. GDP growth was above-average in 2015 as well; however,...
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In the European top three once again
Like-for-like FMCG value sales improved by 5.8 percent in Q3 2015 in Hungary. This performance was the third best in Europe, behind Turkey’s 12.4 percent and Austria’s 5.9 percent. According...
Read moreKSH: food exports in November increased by 7.7 percent
Hungary’s external trade surplus decreased by €22 million in year-on-year terms in November, to €687 mln, with the export volume growing by 8.4% and the import volume increasing by 11.2%,...
Read moreVHT: the impact of the VAT reduction appeared in the pork prices
According to Németh Antal, chairman of the Livestock and Meat Marketing Board and Interprofessional Organization (VHT), the impact of the VAT reduction appeared in the pork prices, but not to...
Read moreHungary sees another customer confidence index growth, though terrorism is considered to be a threat
Hungarian customer confidence index has seen a serious growth in the fourth quarter. Nielsenʼs consumer confidence index rose 6 points to 61 from the previous quarter, Nielsen said. The index...
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Free WiFi for the dm customers
From February, the dm drugstores will provide free wi-fi in all of its stores to help the customers in obtaining information. The customers can use the free wifi for an...
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Heineken: these are the best clubs of Budapest!
The Heineken Budapest Nightlife Awards – the competition of entertainment venues, clubs, pubs and bar in Budapest – was organized for the first time. The competition involved a total of...
Read moreBisnode: The number of liquidations was record low last year
The number of liquidations was record low last year in the Hungarian company world: while in 2014, more than 17,500 proceedings were initiated, last year only less than 10 thousand:...
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