Market News

HITA: Hungary is the most attractive investment destination in the region

According to rankings, published in the 2012 May issue of the Site Selection magazine, Hungary is the most attractive investment destination in the Eastern European region. According to the North...

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EURO 2012 – So far, 200 thousand liters of beer was sold in the fan zone in Kiev

The football fans drank 200 thousand liters of beer in the fan zone of Kiev, since the beginning of the Ukrainian-Polish Football European Championship. Eight kilometers of sausages were sold...

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The ratio of domestic food products decreased in the Slovak stores

The ratio of domestic food products decreased to a record low level, to 46 percent, compared to last year's 50 percent in the Slovak stores –the Slovak Chamber of Food...

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Pálinka safe is planned to be established in Szabolcs

The establishment of a museum pálinka safe is planned in Szabolcs-Szatmár-Bereg County, where the region's most successful distillates will be preserved for posterity. The development of the safe was offered...

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Heat – Increasing mineral water, beer and ice-cream sales

Mineral water, beer and ice-cream retail sales are increasing during the heat. Fodor Attila, director of communications at CBA told MTI on Wednesday, that from Friday, the sales of summer...

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NÉBIH will be more stringent in the future

The Parliament adopted the modification and its implementation of the Law on the prohibition of unfair distribution behavior, which will be in the national jurisdiction of the National Food Chain...

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EP’s Agricultural Committee was opposed to the ban on foie gras

The European Parliament's Agriculture and Rural Development Committee accepted the 2012-2015 EU animal welfare strategy report, but rejected the proposal to ban foie gras – announced Glattfelder Béla MEP (Fidesz)...

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Combine harvesters started up in the heat

The the winter barley harvest has been started in the country's hottest regions in Bács-Kiskun and Baranya counties. Accoring to the informations of the village farmers, the yield is ranges...

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Magazine: Children of the millennium are the customers of the future

The Y generation – those born around the turn of the millennium – will soon dominate the world and retailers had better win this generation now – this was the...

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Mall developments continue rapidly

The global shopping mall developments continue with a rapid pace. The expansion of the middle class and the merchants leads to unprecedented constructions and the opening of new centers, especially...

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The number of pigs would be doubled from 666 billion HUF in seven years

According to the pork industry strategy of the Ministry of Rural Development (VM) a total of 666 billion HUF additional development resources would be needed beside the current funding level...

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VM: discriminatory pricing will be terminated

According to the law amendment of the Ministry of Rural Development (VM) discriminatory pricing will be terminated  in case of milk, carcass meat, poultry, vegetables and fruit products. The law...

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KSH: gross average wage was 219,400 HUF in the first four months of 2012

The average wages in the private sector grew by 6.4 percent, and decreased by 2.3 percent in the budgetary field, which caused by the increase of public employment. In the...

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Grando.hu: Internet sales may grow despite the crisis

Although retail sales in the EU Member States declined by 1.9 percent last year, due to the crisis, e-commerce grew by almost 10 percent in 2011 and a further increase...

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Watermelon crop can be similar to last year's

Despite the stormy weather of the recent days, this year's watermelon yield can be similar to last year's – told Mártonffy Béla, Chairman of the the Hungarian Fruit and Vegetable...

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Cherry harvest has begun in Szabolcs-Szatmár-Bereg County: purchase price is high

The cherry season has begun in Szabolcs-Szatmár-Bereg County, with the highest purchase prices of the recent years – told Wachal Kálmán, leader of the Agricultural Board of the regional government...

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New officials at MMSZ

The Hungarian Marketing Association (MMSZ) held its inaugural meeting in early June. One of the most important task was the election of the Vice-Presidents. Due to organizational changes the Vice-President...

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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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