Market News
Western European firms have become wiser
Date: 2014-07-21 09:59:36
According to the 2014 edition of the Atradius Payment Practices Barometer, in Western Europe in the first quarter of 2014 only 42.4 percent of sales realised by companies were on...
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Mobile use doubled
Date: 2014-07-21 09:54:10
Research conducted by POPAI North America found that 15 percent of consumers were using their mobiles when buying FMCG products in 2012, but by 2014 this ratio reached 31 percent....
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Farmers are more pessimistic
Date: 2014-07-21 09:35:16
Usually optimistic enterprises in the agricultural sector have rather reserved expectations about 2014, they are more pessimistic than the SME average – reveal the latest data from K&H’s SME confidence...
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Fazekas Sándor: the first results of the pig strategy are visible
Date: 2014-07-18 12:55:19
The first results of the swine strategy are starting to deliver. The number of pigs exceed 3 million in Hungary again – Fazekas Sándor, Minister of Agriculture told at a...
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Hungarian mushroom production can be doubled until 2020
Date: 2014-07-18 11:35:03
The current annual Hungarian mushroom production of 25 to 30 thousand tonnes can be doubled until 2020. The current annual Hungarian mushroom production – util the end of the current...
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KSH: earnings grew by 4.0 percent in May
Date: 2014-07-18 11:30:02
Earnings grew by 4.0 per cent in May calculated without public workers, compared to a year before. The wage increase in the private sector was 4.1 percent and in the...
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More than 140 million tonnes of wheat yield is expected in the EU
Date: 2014-07-18 11:20:52
The Strategie Grains, the leading French cereal industry analyst company has raised its forecast about this year's soft wheat yields in the EU. The Strategie Grains expects that in the...
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European Commission: healthy school meals are important for the Member States
Date: 2014-07-18 11:14:56
Almost one in three children are overweight or obese in Europe, but the countries are aware of the importance of healthy school meals and to grant the children's healthy growth,...
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Chinese cognac sales declined
Date: 2014-07-18 11:00:31
The revenue of the French Rémy Cointreau spirits manufacturer declined in the first fiscal quarter that lasted until the end of June. The company explains the decline with the Chinese...
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Positive changes in the meat sector
Date: 2014-07-18 09:29:57
The European Union’s new budget period starts with positive signs from the meat industry’s perspective, so the task is to make use of available funding with the greatest efficiency –...
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The Carpathian Basin becomes a unified agricultural area
Date: 2014-07-18 09:27:44
The Hungarian Chamber of Agriculture (NAK) amended its statutes to make it possible for farmers’ organisations beyond Hungary’s borders to participate in the chamber’s work. NAK president Balázs Győrffy told...
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KSH: an increase in pig and cattle population
Date: 2014-07-17 11:50:21
In the first half of the year, the pig population increased by 82 thousand, while the cattle population increased by 5 thousand – the Central Statistics Office (KSH) reported on...
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The FruitVeB and the wholesale market in Milan are planning a co-operation
Date: 2014-07-17 11:40:13
A cooperation can take place between the Hungarian Fruit and Vegetable Interprofessional Organization (FruitVeB) and between the Wholesale Market in MIlan – Fazekas Sándor Minister of Agriculture informed MTI on...
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GKI: There is a growth potential in personal loans
Date: 2014-07-17 11:30:59
Even under more stringent state regulations, there is a growth potential on the personal loans market – the analysis of GKI Economic Research Co. states. The analysis was presented on...
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The gastro tourist park in Békéscsaba is ready
Date: 2014-07-17 11:06:35
The CsabaPark gastro tourist park is completed. The local government implemented the facility that aims to preserve the traditions of the Csabai Sausage from 1.35 billion HUF and with EU...
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Significant mildew infection in the Szekszárd wine region
Date: 2014-07-17 11:05:06
The powdery mildew infection has appeared at almost all plantations in Szekszárd wine region, where the vineyards should calulate withsignificant yield losses and increasing crop protection costs. Heimann Zoltán, chairman...
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No more intermediaries
Date: 2014-07-17 09:19:04
So far the Hungarian government has approved 8 operative programmes for the use of European Union funding in the 2014-2020 period. The government plans to start publishing calls for tenders...
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Nielsen: the retail sales of food products has increased
Date: 2014-07-16 12:30:59
During the last six months the purchasing mood of the Hungarian consumers has increased further. The food retail sales in terms of both value and volume increased by 5 percent...
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Almost 140 thousand online cash registers are operating
Date: 2014-07-16 12:00:04
According to the informations of NAV those who were obliged to the transition installed 139,466 online cash registers. The majority of them used state support. The tax authority also said...
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EU import levy on maize, rye and sorghum
Date: 2014-07-16 11:08:26
The European Union puts 5.32 euros per tonne, approximately 1,645 HUF import levy on maize, rye and sorghum – the European Commission announced on Wednesday. The European Commission justified the...
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The German competition authority strikes back
Date: 2014-07-16 11:07:20
The German Federal Competition Authority imposed a fine of 338 million euros on 21 meat processing companies and their leaders, due to cartelling – MTI wrote. The fine affects the...
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Gophers stormed the melon fields
Date: 2014-07-16 11:04:38
The harvest of the early ripening melon has started in the Jászság. The rain was good for the harvest, but the gophers caused enormous havoc. The szoljon.hu reported that the...
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The “blood drink” is the new craze of the Chinese youth
Date: 2014-07-16 10:59:42
The Chinese Food and Drug Administration (CFDA) has warned Chinese citizens that certain “Vampire Blood” drinks are potentially dangerous, poorly labelled, and should be immediately pulled from shop shelves. It...
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NAK is lobbying for lower egg VAT
Date: 2014-07-16 09:55:03
NAK vice president Miklós Zsolt Kis stated at EUWEP’s (the representative body in the European Union for egg packers, traders and processors) annual conference in Győr that each member state...
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The Hungarians are ready to drive a longer time to shopping
Date: 2014-07-15 12:03:05
40 percent of the Hungarian customers are ready to drive 15 minutes, 25 percent of them are ready to drive more than half an hour in order to reach a...
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The GfK expects slow European retail sales growth
Date: 2014-07-15 11:57:34
Europe's economy in 2013 was characterized by slowing trends – the latest study of GfK Geomarketing states. On the basis of the research carried out in 28 countries of the...
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Not worth it, yet we pay with cash
Date: 2014-07-15 11:55:25
The number of contactless credit cards has crossed one million pieces last year. Two out of three still feel, that they should pay with cash. According to the NRC Market...
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NAV: North Hungarian action to check the cash registers
Date: 2014-07-15 11:50:26
The National Tax and Customs Administration (NAV) focuses on the control of cash registers in the coming weeks in Northern Hungary – the North Hungarian Regional Tax Directorate of NAV...
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Only half the amount apricot has grown this year at the plantation of the Danubia-Frucht
Date: 2014-07-15 11:20:47
Compared with last year, only half the amount apricot yield has grown at the Danubia-Frucht Cooperative, which is Tolna county's largest apricot plantation – the chairman of the Danubia-Frucht told...
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The pharmacies lost the fifty thousand HUF support
Date: 2014-07-15 11:13:55
The pharmacies spent approximately one billion HUF on the installation of the online cash registers. This is about one percent of the total annual price margin – Világgazdaság wrote. Many...
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