Market News

Two-digit sales growth

There has been significant growth in grill sausage sales: value sales grew 14 percent and volume sales increased by 18 percent between March 2013 and February 2014. Annual market value...

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NAK and the IPOSZ sign strategic agreement

NAK and the Hungarian Association of Craftsmen’s Corporations (IPOSZ) signed a strategic agreement on improving the situation of individual, family and micro-enterprises. The two organisations will do their best to...

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Advertising Tax: the professional associations are protesting

The affected professional associations unanimously reject the submitted draft of the advertising tax. The fourteen signatories of the communication including the Hungarian Advertising Association, the National Association of Local Radios,...

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We must reach the the Hungarian agriculture’s 1990 level of production

In the new government cycle, the Ministry of Agriculture has classified among the main tasks to reach the the Hungarian agriculture’s 1990 level of production. Fazekas Sándor Minister for Rural...

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A strong medium autumn wheat crop is expected

A strong medium autumn wheat harvest is expected in Hungary. The prices are not expected to increase – Győrffy Balázs, president of the National Agricultural Chamber told on Tuesday in...

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National Company Database: 98 percent of the Hungarian firms are micro enterprises

The sales revenues of 98 percent of the Hungarian companies is less than 2 million euros per year. According to the EU definition it is the small business limit, so...

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hirty thousand bottles of Brunello di Montalcino was forged in Italy

It is not sure that there is quality Italian red wine in the bottles – turned out from a consumer protection action of which thirty thousand bottles of counterfeit wine...

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The second flowering of the frozen yogurt

The frozen yogurt or also known as yogurt ice cream has become a real success story over the past three decades. The frozen yogurts, unlike to the traditional ice creams...

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The Romanian retail increased by more than 7 percent in the first four months

The Romanian retail sales increased by more than 7 percent in the first four months this year – the Romanian National Institute of Statistics announced on Tuesday. According to the...

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China, the land of opportunities

Hungarian companies are more and more interested in doing business in China. This is well indicated by the fact that more than 120 Hungarian businesspersons travelled to Beijing early this...

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Production price drop

In March 2014 domestic industrial production prices dropped by 0.6 percent on average from the level of the previous month. Domestic industrial sales prices reduced 0.6 percent. In the processing...

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NGM: there will not be a final deadline fo the installation of cash registers

The Ministry of National Economy told onlinekassza.hu that they do not plan to set a final deadline fo the installation of cash registers . So traders can play up to...

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“Eat Cheese” – Movement for the development of the domestic cheese culture

The World Milk Day took place for the 39th time, this year in Kaposvár. The festival was rich in professional programs and in the professional performances as well. Each year,...

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The Raben Group appeared on the Baltic logistics market 10 years ago

Lithuania, Latvia and Estonia joined to the Eeoropean Union in May 2004. At the same time, the Raben Group began its activities in the region. There are currently three Raben...

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Every day has to be a children’s a day!

This year, the children will receive the greatest gift in the Bethesda Hospital: a large-scale social cooperation was launched for the implementation of a Mother’s Home beside the National Children's...

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GKI: Temporary improvement

GKI Economic Research Co. predicts that in 2014 economic growth will be significantly higher and inflation lower than previously anticipated owing to extensive government involvement. More...

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Better mood, changing retail

Ever since the beginning of the economic recession consumer sentiment improved in Europe for the first time: in 8 out of 12 countries people are more optimistic than last year...

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The tobacconists consider to form a class action

Those tobacconists that were forced to move to an another location, due to a new regulation are considering to form a class action – Magyar Nemzet wrote. Those tobacco shops...

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NAV: tobacconists can not open their tobacco shops at gas stations and the malls from 31 May

From 31 May National Tobacco Shops cannot be opened at gas stations and in the shopping centers, which operates larger than 2,500 square meters of retail space – according to...

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The OKSZ requests unified judging from the government

Those who were not able to install their online cash registers in time, due to the fault of the dealer will receive the 50 thousand HUF state support on the...

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The NFH created a Consumer Protection Application

By using the application of the Consumer Protection Authority, the customers can find immediate informations about expired or harmful food products – the Consumer Protection Authority (NFH)told MTI on Thursday....

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Sales exceed 55 billion forints a year

Carbonated soft drinks’ retail value sales were down 2 percent in the February 2013-January 2014 period if compared with twelve months earlier, while the Nielsen Retail Index registered minus 5...

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Less egg, lower price

Data from the Agricultural Economics Research Institute’s (AKI) market price information system (PÁIR) reveal that in Hungary volume sales of M and L sized eggs dropped 13 percent on weeks...

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The domestic cantaloupe melon season starts in early June

The domestic melon season starts with the cantaloupe melon. During the first week of June, it can be purchased in commercial quantities in the markets – cantaloupe melon president of...

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The Hungarian livestock breeding is stagnating

Despite the supports of the European Union and Hungary, the livestock breeding is stagnating, and certain sectors are shrinking – the chairman of the of the Hungarian Association of Animal...

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A record crop may be harvested this year in the country’s cherry garden

Thanks to the favorable weather, a better than average harvest – both in terms of quality and quantity – in Nagykörű, Szolnok county, that is also called the cherry garden...

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A hundred hectares of vines were damaged by hail in the Tokaj-Hegyalja region

The hail damaged a hundred hectares of vines on Tuesday afternoon in the Tokaj-Hegyalja region. The damages can cost several tens of million HUFs to the farmers – Csoma Ernő,...

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The 401-2,500m² retail channel is the most important

Processed meat is the highest-turnover category from the 90 food products audited by Nielsen. Between March 2013 and February 2014 sales reached the HUF 235 billion level. BOLOGNA: sales valued...

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KSH: retail sales continued to accelerate

In March, retail sales adjusted by the calendar effect increased by 8.5 percent compared to a year before. According to the seasonally adjusted and raw datas, the increase was 6.4...

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Online Cash Registers: 100 million HUF fines 10 closed stores due to omissions

Problems were found at more than one tenth of the tested stores when the staff of the National Tax and Customs Authority (NAV) carried out targeted checks in connection with...

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