Market News

Four wheels in large numbers

Péter Erdélyi, the president of the Hungarian Vehicle Importers Association told Trade magazin that already one car can qualify as a fleet. Company cars are better be grouped based on...

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If no horse, donkey will do it, too

Romanian authorities, initiated an investigation against three Romanian men who sold donkey meat as beef. According to the communication of the police of Constanta county, South-East Romania, three men stole...

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The market of organic fruits is virtually limitless

Organic farming takes place in Hungary currently on about 124 thousand hectares. 80 percent of the area has been reclassified as suitable land for organic farming, the reclassification of the...

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Varga: the government would accelerate the exchange of the cash registers

The government is ready to accelerate the manufacturing and distribution process in the replacement of cash machines, so negotiations have started with the affected – Varga Mihály, the Minister of...

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The consumer protection authority intensify checks on tobacco shops

The National Consumer Protection Authority (NFH) examines that are people served with tobacco product under the age of 18 in the national tobacco stores. The authority in its communication sent...

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The Hungarikum club has been established

Fazekas Sándor Rural Development, president of the Hungarikum Committee at the press conference following the meeting stressed, that the aim of the club is to create a forum, where the...

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The market in Gyula was renewed with the help of the Farm Development Program

The markets that are selling locally manufactured products have raison d'etre in Hungary, because it is important for the communities again, to obtain locally produced agricultural products and good quality...

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Half of the wheat for the Bread of the Hungarians will be provided by the agricultural chamber

Half of the planned 50 tons of wheat will be provided by the National Agricultural Chamber (NAK) for this year's Bread of the Hungarians charity action. The NAK in its...

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The major part of the domestic melons will be sold in Hungary

This year’s domestic melon promotional campaign will be launched on Friday at the CBA Corvin Shopping Centre. The Ministry of Rural Development has been working together with the chain of...

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More than seven hundred grant applications were rejected

According to informations of NAV, 6794 applications were received until 4 July. The authorities had to reject more than seven hundred grant applications because of errors, so the NAV encourages...

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Ministry of Rural Development: there will be enough food and feed grains in the country this year

The domestic cereal harvest will be plentiful this year and it will cover the country's needs of food and feed. From wheat and barley, the significant quantities will be enough...

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GfK: expanding refrigerators sales on stagnating prices

The sales of refrigerators increases beside stagnant prices: during the summer months the demand for large household appliances has expanded, so the main season (July-August) has promising prospects – the...

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The debate on the cooperative law will last until the end of the month

The Fidesz has sent the draft of the new cooperative law to a public debate, that will last until the end of July. The aim of the law that was...

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What Helps Organic Soils Store More Carbon?

Boosters of organic food often say the practice, which rejects synthetic fertilizers and pesticides, is a good method for curbing climate change because it stores more carbon in the soil....

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Retail: 660 billion HUF revenues from food in half year

The retail trade turnover has remained stable in Nielsen’s continuously measured 90 food categories between December 2012 and May 2013, compared to the previous similar period. During the period, the...

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Coface: The meat industry’s situation is worse than the average

The Hungarian meat industry is facing serious problems, including especially the pig industry, which has a worse than average risk rating in term of credit insurance – shows the fresh...

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Ipsos F&F: How much coffee do young people drink these days?

The quarter of young people are drinking a cup of coffee every day, a third of them can be considered as regular coffee consumers (at least 2-3 coffees per day)....

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Opten: The tobacco shop law can ruin thousands of small firms

The tobacco shop law can ruin thousands of retailers, because the profit of small shops is so small, that only a little loss in turnover can make them lossmaking –...

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Most of the tobacconists requested five million HUF loans

According to the feedbacks, national tobacco shop operators used OTP bank’s credit package that was set up specifically for them. The sources are used by the entrepreneurs for buying online...

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The MDKE ojects the referendum initiative of OVB

The Association of Hungarian Tobacco Retailers submitted an objection to the Supreme Court on Friday, because the Association considers the adoption of the referendum unlawful. The association has put the...

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Croats like the online cash register system

According to a recent survey, the vast majority of Croatians supports the use of online cash registers linked directly to the tax authorities – the Glas Slavonije Croatian daily reported...

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The Hungarian economy has been let out of the excessive deficit procedure

The Hungarian economy essentially follows trends predicted by GKI. Although Hungary has been let out of the excessive deficit procedure, election-related spending would require further austerity measures. The latest Varga...

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The proven strategies are the drivers of growth on the consumer markets

The traditional strategies ie. the increase of sales, product development and the cost reduction programs can be the tools of profitability in the next two years for the consumer companies...

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Animal breeders are afraid of meet price increase and a reduction in consumption

The Livestock and Meat Marketing Board Interprofessional Organisation (VHT) states that pork prices will be higher, due to the increasing shipping costs. Szpisják Imre’s swine called Béla (weight: 530 kilograms)...

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The toplist of the most bizarre corporate gifts

The global Regus survey, which quizzed 26,000 respondents from over 90 countries about the strangest corporate gifts that they have ever received, found bizarre items such as coffin, sandbags, breathalyser,...

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Strategic partnership between the government and the logistics profession

The Ministry of National Development (MFM) and the Logistics Coordination Forum (LEF) that represents the entire Hungarian logistics profession signed a strategic partnership agreement on 11 July 2013. The purpose...

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Hungarians hardly consume the healthy sheep meat

The sheep population continue to grow this year. Due to the impact of the supports given to the sector the breeding mood somewhat increased – Hajduk Péter executive director of...

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KSH: a slowdown in the rise of agricultural prices

The producer price of agricultural products was 9.2 percent higher in May, compared to a year earlier, after the 11.5 percent increase of April – the Central Statistical Office (KSH)...

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OKSZ: The price of online cash registers can be 150-200 thousand HUF

According to the National Retail Federation (OKSZ) The price of traditional kind of online cash registers can be 150-200 thousand HUF. The Hungarian Trade Licensing Office approved three types of...

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The aggrieved demanding the annulment of the tobacco shop concessions

The Movement of Tobacco Shop Tender Aggrieved demand the destruction of the result of tobacco shop applications and a new tender. The Movement’s representative gave twenty thousand signatures supporting the...

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