Market News

Flavored beers are becoming more and more popular

The sales of soft drinks have decreased, while beer sales are growing. Lemon and orange flavors are the most popular. Beers mixed with juice are mostly consumed by women. Those...

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The global advertising market may expand this year

Another prediction was published on the global advertising market. According to the projection of the Magna Global, this segment may grow by 3 percent this year, however a 6 percent...

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The NAK is willing to increase the lobby strength of the Hungarian agriculture in Brussels

The National Association of Agricultural Economics (NAK) is determined to increase the lobby strength of the Hungarian agriculture in Brussels – Győrffy Balázs, the President of the NAK said at...

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The toplist of the year of changes

Tesco remains on top among the largest food retail chains with its 709 billion HUF turnover, achieved in 2012. Chains with Hungarian ownership follow Tesco: The CBA chain, with 578.5...

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Randstad launches report on flexible labor and employment

Modifications to the needs and desires of the global labor force mean that the demand for flexible employment is growing, but new research from Randstad reveals that availability of flexible...

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Nielsen: Tesco remains the market leader in food retailing

Spar was ranked fourth in with an annual turnover of 421.2 billion HUF, followed by Reál with 370 billion HUF. Tesco remains on top among the largest food retail chains...

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KPMG: the Hungarian wineries have successfully applied for EU fundings

The twenty most profitable domestic companies have won a total of 5.8 billion HUF in the seven years of the EU’s programming cycle ending this year – the KPMG consulting...

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Bisnode: the number of bankrupted companies decreased in January-March compared to the previous year as a whole

The ratio of the bankrupted companies decreased in the January-March period to 3.79 percent compared from the 4.08 percent of the previous year as a whole – Bisnode business information...

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Sour cherry crops may be less than in 2012

The experts of the State Research Institute of Pomology expect 5-10 thousand tons less sour cherries this year on national level, compared to 2012 – the agency told MTI. The...

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Mass food poisonings throughout China

More than 500 adults and children were hospitalized with suspected food poisoning in recent days in China – the local national media reported on Sunday. Over the weekend more than...

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The new tea by Britsh Airways is a success

British Airways and tea group Twinings have teamed up to promise a “transformation” of tea drinking in the air after research showed that its taste can be reduced by 30pc...

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The demand for fruits and vegetables has decreased

The Hungarian households spend almost a tenth of their annual food expenditure on fruit and vegetables. Although the customer base remains the same, because of the difficulties of the recent...

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Two months respite was given to the SMEs

SMEs should connect their online cash machines to the National Tax and Customs Administration until 1 September instead of the previous deadline of 30 June – Giró-Szász András, government spokesman...

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KSH: a further slowdown in the growth of agricultural producer prices

The rate of growth in the agricultural output prices was further slowing in April. The purchase prices were 11.5 percent above the level of a year earlier, after the 14.6...

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FAO: the good grain harvest may reduce food prices

This year, the FAO, expects a higher grain crop. It is expected that more wheat will grow this year than in 2012, and in the United States corn is grown...

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The tobacco market players have signed a joint memorandum of understanding

The representatives of the tobacco market have signed a Joint Memorandum of Understanding – the Nemzeti Dohánykereskedelmi Nonprofit Zrt. (National Tobacco Trading Company Nonprofit Zrt.) told MTI on Thursday. According...

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Czerván: flood damages on more than 10 thousand hectares of agricultural land

According to the informations of the Ministry of Agriculture, more than 10 thousand hectares of agricultural land was damaged by flooding so far – the Minister of State responible for...

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Magazine: Strengthening consumer confidence increases willingness to purchase

In 2012 retail revenue in the grocery, household chemical and cosmetics categories audited by Nielsen increased by 4 percent from the previous year. The average of the surveyed 21 European...

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Nearly one hundred tons of suspicious syrup was seized in Hungary

The National Agency for Food Safety seized 98 tons of unknown origin fruit syrup concentrate – Fazekas Sándor, Minister for Rural Development announced. Most of the concentrate, (78 tons) was...

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The Americans waste 40 percent of the food

The U.S. Department of Agriculture announced a program for the suppression of food wastage, because in the United States 40 percent of the produced food goes to waste. According to...

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The mangalica conquers in Japan

The Hungarian Mangalitsa conquers the Japanese market. Started in Michelin-starred restaurants, it is considered more prominent than the world's coolest meat products. The Hungarian Mangalitsa targets Korea, Hong Kong and...

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Excellent sour cherry and cherry crop is expected at the Elvira major

Professionals were gathering to a sour cherry and cherry meeting that took place at the Elvira major, which is the Experimental Station of the State Research Institute of Pomology Photo:...

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Competition in food retailing

Although the rule was introduced in the protection of competition that food products can not be sold below the price that included in the purchase invoice, it has brought the...

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The focus should be put on quality in the case of Hungarian wheat

The Hungarian wheat-growing industry needs to move toward a specific, high-quality varieties rather than towards quantity – Bedő Zoltán, Diector of the research center of the Agricultural Sciences Research Centre...

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Magazine: The happy days of our agricultural foreign trade

The beginning of the year is traditionally rather slow in international trade if compared with the end of the year. However, the processes in January 2013 didn’t follow this trend....

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New pálinkas acquired trademarks

Another 19 pálinkas have acqired the right to use the Pálinka trademark, so we have a total of 35 products with a sticker – Wessling Hungary Kft. pálinka rating company...

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EU alert system for food safety

The report on the annual food and feed safety alarm system has been released. The annual report on the EU food and feed safety alert system (RASFF system) was published...

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An average of one hundred thousand HUF per person on health care products

The Hungarian population between age 18-69 spent an average of one hundred thousand HUF per person on health care products last year – shows the research of Cofidis. According to...

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TerraCycle to recycle in Hungary, too

TerraCycle is a private U.S. small business headquartered in Trenton, New Jersey. It makes consumer products from pre- and post-consumer waste (“upcycling”) and reusing other waste materials TerraCycle began with...

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The market of premises is in change

Area needs became maller, rents are stagnant and the tenants are looking for flexible terms in the trade retail property market – the OTP Real Estate Fund Management Company and...

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