Market News

Carniolan sausages can be only Slovenian products

Slovenia and Austria agreed in a gastronomic name dispute, and Carniolan sausages can be only Slovenian products – writes Delo daily newspaper of Ljubljana. According to the agreement Austria does...

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Magazine: Here in, here out!

Drinkwel is a super-functional drink combines a high number of ingredients (vitamins, minerals, extract from liver-protecting plants, amino acid, etc.) that mitigate the negative effects of alcohol....

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The development momentum of the dairy sector may stop

The high feed prices, the increase in production costs, the reduction in the price of milk, the lack of development resources may cause a slowdown in the development of the...

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Hungarian companies expect the dynamic expansion of e-commerce

The Hungarian companies are expecting the dynamic growth of e-commerce and the online services market in the next five years – shows the online survey of RSM DTM Hungary Zrt....

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Wine management act to be changed

The wine management act's amendment was submitted to the National Assembly by the government on Friday, in order to reduce the business costs and administration of the entrepreneur and to...

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A lack of domestic fruits

Only the the earliest domestic summer fruits have appeared on the domestic market, therefore, the high prices can not be a major factor. According to Mártonffy Béla, President of FruitVeB...

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Fruit prices go down

In April, the producer prices level of agricultural products decreased by 2.9 percent, compared to the prices of the previous year. The price of crop products fell by 8.7 percent,...

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Olcsóbbat.hu’s compilation from the most popular of summer products

Digital cameras are still the most popular products among the online purchased products, but this year interest is smaller than last year, while twice as many clicks occurs on air-conditioners...

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Magazine: Future Store at FOODAPEST (part 3)

‘We have reached the Unilever Dosmestos, Cif and Flóraszept chemical product section. We recommend Domestos General cleaner to those who like chlorine-free cleaning and disinfecting. For toilets DomestosDoublePower is the...

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U.S. retail sales decreasing

According to the government’s datas, published on Wednesday, U.S. retail sales are decreasing for the second consecutive month in May. On a monthly basis, retail sales in May decreased by...

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Employers see the labor market situation unstable

Employers in Hungary, see labor market situation precarious in the next quarter. 71 percent of them are not planning any redundancies nor recruitment by the end of September. According to...

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New regulations of the Hungarian Food Book published

As we know, the new law concerning foodchains and authorities following the foodlaw of 2008/XLVI, puts a greater emphasis on the role of the Hungarian Food Book. It is not...

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Coface: less food firms can handle the burdens

The number of insolvency proceedings increased by more than thirty percent in the first quarter of 2011 among the food companies, compared to the same period of last year, while...

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Easier food safety requirements on the local markets

The Ministry of Rural Development (VM) sets up requirements that can be complied easier. The decree, entered into force on the 11th of June. The mitigation is designed to improve...

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Magazin: Most successful promotions in 2011 – Trade Day and Award Ceremony

Trade magazin organised the ‘Most successful promotion of the year’ competition for the fourth time. The jury had a difficult task when evaluating the works because there were so many...

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NÉBIH: “You are what you eat …” Show us what you are!

The National Food Chain Safety Office (NÉBIH) announces a game on its community site. During the game, the NÉBIH awaits photomontages showing food ingredients. The aim of the authority to...

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NAV: the number of offenses increased in the pálinka business

The number of offenses increased, when the distilling of home pálinkas became legal – told the Customs and Excise spokesman of the National Tax and Customs Administration (NAV), to MTI...

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MOSZ: less winter wheat will grow this year

This year, 3.7 to 4 million tons of winter wheat yield is expected by the National Association of Agricultural Cooperatives and Producers (MOSZ), compared to last year’s 4.5 million tons....

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The EU would cooperate with China to increase food security

According to Dacian Cioloş, EU Agriculture Commissioner’s communication, Brussels tries to keep the accelerating pace of European agricultural product exports to China  therefore offering a cooperation to China in order...

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Coffee and snack machines on the GYSEV-trains

The Győr-Sopron-Ebenfurt Railway (GYSEV) places coffee and snack vending machines on its trains – the railway company announced on Wednesday in Sopron. Kövesdi Szilárd CEO at the press conference told...

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GfK: chicken and pork are the favourites of the Hungarians

GfK Hungária surveyed last year's trends of the meat consuming and meat-buying habits of the Hungarian households on behalf of the Lohmann Animal Health Hungaria poultry vaccines and feed supplements...

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Significant increase in the income of agricultural production

According to the recent preliminary datas of the Agricultural Research Institute (AKI), the per hectare income of the individual farmers and primary producers increased by 47 percent in 2011, over...

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MFB: domestic enterprises expect a prolonged stagnation

The domestic entrepreneurs expect a prolonged stagnation. In the spring survey of the Hungarian Development Bank (MFB) the adaptation to survival can be observed. The MFB indicator is still below...

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GDSN – master data sharing to increase business efficiency

The cooperation between retailers and manufacturers has reached another important milestone with the active use of GDSN (Global Data Synchronization Network), thereby significantly increasing the business efficiency of the supply...

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Food VAT reducing forum was established

The key players of the basic food production industry, at their meeting set up an ad hoc coalition that aims to reduce the VAT on basic food products under ten...

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Soft drink and fruit juice producers: deteriorating competitiveness and dismissals

Shrinkage, deteriorating competitiveness and dismissals are characterizing the soft drinks and fruit juice production in Hungary – according to the communication of the Association of the Hungarian Soft Drinks, Fruit...

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Tobacco Producers: WHO’s proposal threatens the living of twenty thousand Hungarians

The Hungarian tobacco growers are concerned about WHO's recent proposal that is calling for a reduction in tobacco production, because they see that the proposal threatens the living of twenty...

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IT developments are in the focus of the SME investments

A small increase occurred in the domestic business investment willingness, however, a major expansion in investment is not expected. IT investments continue to be the top on the list of...

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KSH: GDP decreased by 0.7 percent in the first quarter

Hungary's gross domestic product (GDP) decreased by 0.7 percent in the first quarter of 2012, compared to the same period of last year – announced the Central Statistical Office (KSH)...

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Csányi Sándor proposes VAT reduction and reverse taxation

The Hungarian government should reduce the rate of VAT on basic food items and could introduce reverse taxation in the whole sector to fight against tax fraud that costs billions...

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