Market News

FM: the list of meat products to the United States is extended

The list of meat products that can be exported to the United States is extended – the Ministry of Agriculture (FM) told MTI on Tuesday. According to the information, the...

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Glattfelder: the government is looking for an opportunity to maintain the production of tobacco

The government is looking for an opportunity to maintain the Hungarian tobacco production among the European Union’s circumstances, in order to preserve the jobs of 20 thousand people – Glattfelder...

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NÉBIH: tens of thousands of liters of mineral waters were withdrawn from circulation

The National Food Chain Safety Office (NÉBIH) prohibited the distribution of tens of thousands of liters of twelve different types of mineral waters and ordered the manufacturers to recall the...

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The Economic Performance of Rural Hungary Depends on SMEs

The economic performance of rural Hungary depends fundamentally on micro, small and medium-sized enterprises, the Ministry of National Development’s Parliamentary State Secretary said on Friday in Hajdúdorog. In his speech...

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Opten: company eliminating record in July

A total of 5,082 firms were terminated in Hungary in July. It is almost 27 percent more than the worst data of October 2013 – the Opten company information service...

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The mildew has not attacked the grapes so early as this year

The specially mild short winter, the 3-4 degrees warmer year start was favorable for pests and diseases – was said at the professional events of Syngenta that were organized in...

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The first Bitcoin Exchange ATM was put into operation in Hungary

The first Bitcoin Exchange ATM machine, which is suitable for the exchange of the digital currency called Bitcoin was presented in the downtown Anker Club in Budapest on Monday. MTI...

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232,300-forint average wage

Compared with the same period a year earlier, gross wages rose 2.4 percent at enterprises employing at least 5 people, budgetary institutions and observed non-profit organisations. In January-April 2014 the...

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Zsolt Gyulay: the tobacco shop system is working well

According to Zsolt Gyulay, CEO of NDN Tobacco Trade Non-profit Zrt., the government achieved their goal with the new tobacco product retail system: before 1 July 2013 58 percent of...

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GKI: business expectations improved, consumer expectations declined

Compared to the July lows, the business expectations improved, while the consumer confidence index continued to decline in August, – GKI Economic Research Company’s survey shows. The survey was conducted...

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The Exim offers insurance due to the Russian embargo

A distrust can be seen towards the Russian market. The Hungarian exporters protect themselves from the deteriorated economic relations between the EU and Russia with insurance – Nátrán Roland, Exim’s...

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Only online cash registers can be used from September

The businesses can use only online cash registers from 1 September. If a company fails to repkplace the online cash register it can be fined up to 1 million HUF,...

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The SMEs count on EU funds

Although the available EU funds in the 2007-2013 application cycle has been all tied up, and the new call for proposals have not yet appeared, the domestic SMEs are still...

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Chinese spend tens of billions on their pets each year

According to the latest study of the Euromonitor research firm, the Chinese pet keepers spend tens of billions each year, and the market will grow significantly in the coming years....

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Wanzl Hungary: online stores in focus

Wanzl’s Logistics+Industry division established a set of services tailored to the storing, order picking, logistics and other needs of online retailers, which is now also available from Wanzl Hungary. In...

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Nielsen: more and more people are watching the TV advertisements of food products

The TV spots of food, household chemicals and cosmetics, the first half of they year reached 2 percent more GRP (Gross Rating Point) than in the January-June period of 2103...

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An analyst interviewed by MTI expects a further increase in real wages and consumption

Due to the low inflation, the increase in real wages can continue in Hungary, which supports the expansion of consumption this year – told the analyst interviewed by MTI on...

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The NFM strengthens the ties between the state and the consumers

The Hungarian Ministry of National Development (NFM) uses a new approach in consumer protection. Koszorús László, the Deputy Head of the State Secretariat at the ministry told MTI: that the...

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The FM is looking for a market for the Hungarian apples

The government seeks to minimize the losses of the Hungarian apple growers, appeared due to the Russian export ban – Nagy István the Minister of State of the Ministry of...

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A regulation to be prepared for the easier identification of imported wines

A regulation to be prepared for the easier identification of imported wines. It is expected that all necessary signatures to be put on the regulation these days – Font Sándor...

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The Hungarian SMEs are discussing about Kazakh business opportunities

About 60 companies took part at the Kazakh-Hungarian businessmen meeting organized by the Hungarian National Trading House Plc. (MNKH). At the Kazakh-Hungarian businessmen meeting, the businessmen could mutually acquainted the...

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Digital Hungary

We asked Sándor Bagdi, managing director of restaurant and hotel informatics system distributor UCS RKeepeR Kft., about current trends. Recent past and the present – Handheld order taking devices are...

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PayPal: the foreign sales of the Hungarian webshops increased by 21 percent

In the first half of this year, foreign PayPal sales of the Hungarian webshops increased by 21 percent, compared to the same period of last year – the online financial...

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The Austrian apple producers are feeling the impact of the Russian import ban

The Austrian apple producers are feeling the impact of the Russian embargo. The export about 500 tonnes of high quality Austrian apples to Russia have failed yet – the President...

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Magazine: Life beyond trappist cheese

Last year cheese volume sales dropped by a few percent but value sales improved a little. The reason of this was the increase in the price of raw milk in...

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Stricter pálinka control

The National Food Chain Safety Authority (NÉBIH) reckons that one of the best ways to preserve the outstanding quality of Hungaricum pálinkas is performing strict product control by the authorities...

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Wanzl Hungary: online stores in focus

Wanzl’s Logistics+Industry division established a set of services tailored to the storing, order picking, logistics and other needs of online retailers, which is now also available from Wanzl Hungary. In...

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Magazine: Risk analysts pick suspicious receipts

The National Tax and Customs Administration’s (NAV) press office informed Trade magazin that in the days preceding and the days following the 28 February 2014 and the 30 April 2014...

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PC-based cash registers for retail chains

Laurel’s authorised cash register systems constitute one third of PC-based online cash registers used by retail chains in Hungary. The company is involved in more than 10,000 selling points located...

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It is worth preparing for the new support strategy

In the evolution of agricultural prices it can be clearly seen that unlike the prices of crop products, the price of live animals and animal products is gradually increasing. “This...

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