Market News

Nébih withdrew fifteen tons of kiwifruit from circulation

Fifteen tons of kiwifruit, worth more than four million HUF were withdrawn from circulation, after test were initated at the metropolitan wholesale market – the National Food Chain Safety Office...

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Magazine: Bulgaria – Many retailers, several store types

Thirty-seven Bulgarian FMCG companies sent more than 100 representatives to Nielsen’s Shopper Trends workshop, held in Novotel Sofia. Jacques Vandenheede, retail insights director of Nielsen in Europe, told participants that...

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Tricking with the state support

The Secretary-General of the National Retail Federation (OKSZ) considers it a common scam, that there are companies selling online cash registers, that when the traders are paying the sum for...

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Consumers protection: most detergents have appropriate efficiency

The majority of the detergents distributed in Hungary have appropriate efficiency – a test revealed. The National Consumer Protection Authority (NFH) told MTI on Tuesday, that only three of the...

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Ipsos: happy and unhappy

The economic situation has an effect on people's daily moods, but it is not the only factor that affects their mood. Worldwide, only 37 percent of the respondents consider their...

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The purple tomato juice is waiting for permission

British scientists developed genetically modified purple tomato varieties that are very rich in antioxidants, are anti-inflammatory and have anti-cancer effects. If the official permits will be obtained, the purple tomato...

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Low corn export level is expected

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that Hungarian producers were selling mill quality wheat for HUF 44,000 a ton, fodder...

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Cash Registers replacement: support deadline may change

The state support deadline may change the Magyar Nemzet Online wrote on the basis of an unofficial source. According to the source, the National Economy Ministry was searching for the...

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NAV: state support will not be lost

The state support of those traders who requested orders to authorized but later banned cash registers is not in danger. The onlinekassza.hu learned that the NAV has freed-up the startup...

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Expanding economic relations with the South Caucasus region

The National Foreign Trade Office (HITA) organized a business forum, together with its partner, the he Azerbaijani Export and Investment Promotion Fund (AZPROMO). At the business forum, that was in...

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Euromonitor International: The Top 10 Global Consumer Trends for 2014

Trends include an overwhelming desire globally to indulge in luxury goods, download more apps and document experiences visually through social media. However, consumers are also struggling with work-life balance, maintaining...

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VM: the swine VAT reduction has launcehed positive processes

Positive processes have started since the beginning of the year, as the result of the 5 percent VATreduction on living and carcassed pigs – the Ministry of Rural Development (VM)...

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Videoton passes the responsibility

Videoton's leadership expressed its astonishment, about the explanation of the MKEH, after the Hungarian Trade Licensing Office (MKEH) withdrew the license of the online cash registers, distributed by the Alt...

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Acacia coalition formed for the protection and recognition of the acacia and acacia honey

An Acacia coalition was formed for the protection and for the recognition of the acacia and acacia honey, with the participation of several agro and forestry professional organizations – Glattfelder...

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Magazine: OTC drug sales are growing dynamically

Retail sales of OTC drugs augmented by 10 percent in the first nine months of 2013 from the same period of 2012 (sales of pharmacies and retail stores combined). Sales...

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We spend almost the third of our income on food

The majority of economically active adults in Hungary spend the most of their salaries on daily expenditure, they can save just 4 percent of their salary – the Generali Biztosító...

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The withdrawal of the license was unexpected

The Hungarian Trade Licensing Office (MKEH) has withdrawn the license of the SAM4S NR-300 ONLINE online cash register of the Alt Cash Kft. and the S&E NR-300 ONLINE online cash...

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The new Czech Minister of Agriculture wants more Czech foods in the stores

According to Marian Jurecka, new Czech Minister of Agriculture, they would make it mandatory for the foreign international chains to sell more Czech origin food products. Currently there is no...

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GKI: Consumer expectations continued to soar in January

In January, GKI-Erste economic sentiment index adjusted for seasonal effects continued to go up. The index has been on the rise for almost a year. According to the empirical survey...

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28 February is the deadline for the support

The regulation has been published. The main rule is to install the online cash registers, not later than 31 January 2014, to be eligible for the 50 thousand HUF state...

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Seven out of ten Hungarians have changed their shopping habits in case of non-prescription medicines and medicinal preparations

In Europe, 88 percent of the Greeks, 79 percent of the Portuguese and 75 percent of the Italians believe that the crisis will affeced the quantity and type of the...

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KSH: the yield of wheat and corn increased last year

Last year, the yield of wheat increased by 25 percent, while the the yield of maize increased by 41 percent, compared to 2012 – the Central Statistics Office (KSH) announced...

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Czerván György: 1.6 billion HUF for the pig sector program this year

1.6 billion HUF will be available for the pig sector program this year, just like in 2013 – Czerván György announced on Thursday, at the heralding press conference of the...

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Increased revenue and profit from wildlife management

In the 2012 /2013 hunting year, the industry’s total revenue was 20.3 billion HUF, of which the amount of game meat was 5.3 billion HUF – the Ministry of Rural...

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Bisnode: the number of firms can decrease further this year

According to Bisnode business information provider, the number of companies can reduce further in 2014, due to the low number of start-ups and forced terminations Hungary. The business information provider...

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Online cash registers to come in Romania

Online cash registers to be introduced in Romania as well. The conversion will be carried out in three steps – Magyar Nemzet wrote. The goal is the same as in...

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Inflation may decline further

In January, inflation may decline further according to analysts polled by MTI and until the end of 2014 it may remain below the 3 percent inflation target. According to the...

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Magazine: Hungarian flavours in Cologne (Part 2)

General world trends – high quality, exciting flavours and quick preparation – were palpable in the products they brought. Krisztián Sándor Papp, sales director of PA-COMP Kft. told us that...

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Czerván: the performance of agriculture increased substantially last year

Agriculture played a significant role in the growing performance of the Hungarian economy last year. In the first three quarters, agriculture showed a 22 percent growth, and reached a record...

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Egg prices should be legible in the stores

The retail chains cannot indicate the egg price per kilogram with small barely visible, almost unreadable letters – the recently published regulation of the Minister of National Economy says. The...

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