Market News
FM: the list of meat products to the United States is extended
Date: 2014-08-26 11:58:12
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
Date: 2014-08-26 11:50:30
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NÉBIH: tens of thousands of liters of mineral waters were withdrawn from circulation
Date: 2014-08-26 11:42:44
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
Date: 2014-08-26 11:40:24
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
Date: 2014-08-26 11:32:01
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
Date: 2014-08-26 11:30:21
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
Date: 2014-08-26 10:55:32
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
Date: 2014-08-26 08:24:40
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
Date: 2014-08-26 08:22:12
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
Date: 2014-08-25 12:00:10
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
Date: 2014-08-25 11:52:06
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
Date: 2014-08-25 11:50:32
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
Date: 2014-08-25 11:40:26
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
Date: 2014-08-25 10:58:24
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
Date: 2014-08-25 09:03:51
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
Date: 2014-08-22 12:10:30
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
Date: 2014-08-22 12:00:30
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
Date: 2014-08-22 11:52:46
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
Date: 2014-08-22 11:50:30
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
Date: 2014-08-22 11:22:42
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
Date: 2014-08-22 11:10:50
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
Date: 2014-08-22 08:42:46
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
Date: 2014-08-21 12:00:58
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
Date: 2014-08-21 11:14:41
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
Date: 2014-08-21 10:40:41
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
Date: 2014-08-21 08:55:29
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
Date: 2014-08-21 08:50:00
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
Date: 2014-08-20 12:47:06
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
Date: 2014-08-20 08:50:12
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
Date: 2014-08-19 11:50:21
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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