Market News
Hundeola Stahl goes to Tatabánya
Date: 2014-07-14 09:24:12
Hundeola Stahl Kft. leaves Tata and goes Tatabánya, where the company is going to invest HUF 180 million in building a new production hall. The company manufactures stainless steel tanks...
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Wine ‘fingerprints’ are being taken
Date: 2014-07-14 09:21:54
A consortium led by Data-Press Kft. was granted HUF 670 million from the Research and Technological Innovation Fund for oenology quality control development. Within the framework of a HUF 880-million...
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Which conditions are necessary for sustainable growth?
Date: 2014-07-14 08:30:06
Trade magazin and Chain Bridge Club’s first Business Dinner of the year was organised on 29 May. This time the guests were Márton Nagy, managing director of the Central Bank...
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The government supports the Bonafarm group with 1.46 billion HUF
Date: 2014-07-11 11:47:20
The government, on the basis of an individual decision, supports the construction of Bonafarm Group’s new slaughterhouse with 1.46 billion HUF in Mohács. The total cost of the project is...
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According to the president of the Pálinka National Council, a more efficient marketing would be needed to increase the awareness of pálinka abroad
Date: 2014-07-11 11:46:01
A more efficient marketing would be needed to increase the awareness of pálinka abroad in order to increase exports, because pálinka is only widely known in the neighboring countries –...
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KSH: consumer prices fell by 0.3 percent in June
Date: 2014-07-11 11:45:55
In June this year, consumer prices fell by 0.3 percent, compared to a year before, while compared with the previous month increased by 0.1 percent – the Central Statistics Office...
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Hungarians are eating healthier
Date: 2014-07-11 11:38:58
The Hungarian population consumes much less sugar and fat now than seven years ago. A slow, gradual shift can be experienced in the Hungarian food consumption in the direction towards...
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Save the Hungarian sheeps!
Date: 2014-07-11 10:55:53
The Gödöllő-based National Agricultural Research and Innovation Centre has won the public procurement of the Hungarian Sheep and Goat Breeder Association entitled “Preservation of native animal species. The value of...
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Győr Liqueur Company turns to premium pálinkas
Date: 2014-07-11 09:24:45
Having invested HUF 150 million in technological development in the last few years, Győri Likőripari Zrt. now focuses on product and brand development. The company will come out with special...
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Hundreds of millions for agricultural education
Date: 2014-07-11 09:22:31
The Agricultural and Rural Development Agency (MVH) confirmed the payment of more than HUF 685 million supporting educational programmes financed from the European Agricultural Fund for Rural Development (EAFRD). Financial...
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Leader support from a 607 million forint budget
Date: 2014-07-11 09:19:58
The Agricultural and Rural Development Agency (MVH) has already given green light to financing 214 applicants with HUF 607 million within the framework of the Leader programme. In the 2007-2013...
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The Nébih pays particular attention to watermelon
Date: 2014-07-10 11:40:25
The Hungarian melon is available in the domestic stores since the beginning of July. The National Food Chain Safety Office (Nébih) pays special attention to the check of summer seasonal...
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The NAK supports the Hungarian milk
Date: 2014-07-10 11:35:17
The National Association of Agricultural Economics (NAK) agrees with the aims of the dairy farmers, to create fair market conditions on the dairy market. It is not acceptable that imported...
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Cofidis: More and more people would use loans
Date: 2014-07-10 11:30:24
The negative attitude towards lending has been reduced, compared to last year – the first-quarterly results of the Cofidis Credit Monitor reveals. More and more people consider the loan as...
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VinCE Balaton: Wines, tastings and concerts for four days
Date: 2014-07-10 11:25:38
The VinCE Balaton Wine Festival awaits its guests with the wines of dozens of wineries, quality gastronomic exhibitors and free concerts. The VinCE Balaton Wine Festival that is the accompanying...
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The highest average yield of autumn wheat is expected in Tolna county
Date: 2014-07-10 11:20:05
According to the datas of the Ministry of Agriculture, the highest expected average yield of autumn wheat and rapeseed will be in Tolna county. In Tolna the quarter of the...
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More than one billion forints for winemakers’ technological development
Date: 2014-07-10 09:23:43
The Agricultural and Rural Development Agency (MVH) has earmarked more than HUF 1.32 billion for subsidising winemaking facilities’ technological modernisation, in order to preserve the competitiveness of Hungarian wines in...
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Agricultural investment speeding up
Date: 2014-07-10 09:21:43
Negyedik negyedéve folytatódott a beruházások növekedése az idei első három hónapban – állítja a KSH. Az eddigi legnagyobb, előző negyedévi 14,9 százalékos növekedés ütemét is jelentősen túllépve a beruházások volumene...
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FruitVeb: This year's fruit crop can be one million tonnes
Date: 2014-07-09 12:20:24
This year's fruit crop in Hungary can reach one million tonnes – Mártonffy Béla, president of the Hungarian Fruit and Vegetable Interprofessional Organisation (FruitVeB) told MTI on Wednesday. He added...
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We love fish but rarely buy
Date: 2014-07-09 12:12:35
Healthy, light, protein-rich – these come to mind about fish to the majority of Hungarians, 32 percent of them specially fond of fish dishes. However, the most recent survey on...
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The Ministry of Agriculture developed measures to treat the sour market surpluses
Date: 2014-07-09 12:10:22
The Ministry of Agriculture (FM) by involving the participants of the sector has developed the necessary measures to manage the sour market tensions. The Ministry of Agriculture redeployed the additional...
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Economic growth may be close to three percent in Hungary this year
Date: 2014-07-09 12:05:08
Hungary's economic growth can reach three percent this year, which will significantly above the average for the euro zone’s GDP growth of 1.1 percent. The basis of the domestic recovery,...
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NGM: the share of SMEs increased in export sales
Date: 2014-07-09 11:30:46
The share of small and medium-sized enterprises (SMEs) in the Hungarian export sales increased by three percent over three years – turns out from the report on the situation of...
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The KSH reported 419 million euros export surplus
Date: 2014-07-09 11:20:02
The value of exports, calculated in euros increased by 2.4 percent, while the value of imports increased by 3.8 percent in May, compared with a year earlier. The export surplus...
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The market hall in Gyula has been completed
Date: 2014-07-09 11:10:05
The local government of the city of Gyula built a market hall, with the support of the farm development program. The about five hundred square meters modern facility was opened...
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Opten: a new firm deleting record in the second quarter
Date: 2014-07-09 11:02:08
In the second quarter of this year, 10,297 companies were terminated in Hungary. It is an all time negative record – the Opten company information service provider told MTI on...
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The 20 percent VAT remains in Slovakia
Date: 2014-07-09 10:55:57
The Slovak Parliament in Pozsony (Bratislava) approved the amendment the VAT law’s amendment. According to the amendment the government does not need to decrease the currnet 20 percent VAT to...
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The triumph of promotions
Date: 2014-07-09 10:08:29
Trade magazin organised ‘The most successful promotion of the year’ competition for the sixth time in 2013. The award ceremony was held on 10 April 2014 in the Királyok Room...
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Brands treat Facebook users like schoolchildren?
Date: 2014-07-09 09:47:37
According to a study conducted by Track Maven (USA), brands treat Facebook users like they were 7-11 year old. Two thirds of their Facebook posts are written at a 5th...
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The Russian pork embargo remains: breeders have to look for new markets
Date: 2014-07-08 12:10:20
New markets will be required if the Russian pork embargo lasts longer. The action over the past few months has caused a loss of 580 million euros in exports to...
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