Market News

The Hungarian product draft regulation awaits for EU approval

Gyaraky Zoltán, the ministry's head of department told MTI that with the regulation the Ministry would help to stimulate the voluntary food labeling of Hungarian products. The Rural Development Ministry...

Read more

GKI-Erste’s economic index stagnated in April

The seasonally adjusted value of the GKI-Erste economic index in April stayed on the level of March. According to the GKI Economic Research Co., in the business sector a minimal...

Read more

Fake primary producers on the fruit and vegetable market

The two priority areas of the National Food Chain Safety Office (NÉBIH) and the county government offices to filter out the fake primary producers filtering, and the investigation of the...

Read more

MADOSZ the decline of tobacco-growing areas can stop

According to the Hungarian Tobacco Farmers Association (MADOSZ), the decline of tobacco-growing areas can stop this year. The farmers are expected to plant 4800 hectares, such as in last year...

Read more

China is world leader in food consumption

According to a recent British study, food consumption in China overtook the food consumption of the United States. According to the datas of IGD, in 2011, Chinese food stores reached...

Read more

Petition to resolve crisis after Malév grounding

Local officials from about thirty communities around Liszt Ferenc International Airport Budapest, along with their representatives in Parliament, have signed a declaration calling for measures to resolve a crisis resulting...

Read more

Hungarian Postal Service signing a contract with Synergon's subsidiary

Hungarian IT company Synergon aims to raise its consolidated annual revenue to around HUF 30bn in 2-3 years and wants to expand abroad, through organic growth or with acquisitions. ynergon...

Read more

The first shipment of Chinese cabbage from Hungary set sail to Russia

After the successful export of Hungarian apples, the first shipment of fresh Chinese cabbage has been launched for the order of the Magnit group – informed the Ministry of Rural...

Read more

Széchenyi Card Program: Ten years, 1,000 billion loans

The Széchenyi Card Program that was launched to improve the financial opportunities of the micro, small and medium-sized enterprises ten years ago. Over the years, the Széchenyi Card became the...

Read more

Demand for alcoholic beverages is reducing in Slovakia

The sales of alcoholic drinks in Slovakia decreased continuously by 12 percent in ten years, and more than 21 percent in 20 years – reported the Hospodárské Noviny daily on...

Read more

KSH: the gross average wage was 217,800 HUF in January and February 2012

According to the communication of the Central Statistical Office (KSH) the average gross earnings of the full-time employees was 217,800 HUF, 225,200 HUF of people working at enterprises and 202,000...

Read more

The Labor Code will be more flexible

From the 1st of July the Labor Code will change in a number of points. The new law, that was adopted in December will significantly influence the labor relations after...

Read more

Consumer confidence weakened in Europe

Consumer confidence weakened in the euro area and throughout the European Union in April, after three consecutive months of improvement. According to the Thursday released preliminary data of the European...

Read more

Szolnok is still collecting the downpayment to the citric acid manufacturing investment

Szolnok’s Mayor informed Népszabadság, that the city is still working on to collect the own contribution to the Chinese backgrounded citric acid factory. They are investigating whether banks or other...

Read more

Leading economic research institutes expect boom in the German economy

In Germany, the economy develops vigorously in 2012 and 2013, despite the economic crisis. Unemployment will fall, wages will rise, the deficit will be getting smaller – shows the joint...

Read more

“Bar code” was already used in ancient times

Italian archaeologists have discovered “bar code” on the closing plugs of ancient amphoras. The recorded informations can be found on pottery used for carrying primarily oil. These artifacts can help...

Read more

IMF: global economic outlook seems to be improving again

After last year’s decrease, the global economic outlook gradually improved again, although the downward risks remain pronounced – shows last year’s World Economic Outlook, published on the website of the...

Read more

FruitVeB: hard-shell plants suffered the most due to the cold Easter weather

On the basis of the preliminary surveys, this year's Easter frost caused larger damages in the orchards of the country than last year – said Mártonffy Béla, president of the...

Read more

Sága’s grilled sausages made of turkey meat can be the hits of the summer

Sága starts the summer season with popular – Hungarian and cheese – flavored, turkey products: from may, the company provides spicy Hungarian style (pepper) and grilled sausages enriched with pieces...

Read more

Beer consumption is decreasing, while wine consumption is increasing in the Czech Republic

According to the datas of the Czech Statistical Office (CSÚ), while in 2005 the per capita beer consumption reached 164 liters, in the Czech Republic, this figure dropped back to...

Read more

More and more tourists from Slovakia visit Hungary

The number of guests from Slovakia is increasing from year to year, at hoilday resorts in Hungary. Last year, only at the Lake Balaton 13 thousand tourist spent their vacation...

Read more

Several food companies among the Top 20 list of the Hungarian companies expanding abroad

The New York-based Vale Columbia Center and the ICEG European Center examined the expansion of Hungarian companies in abroad. The foreign assets of the ranked twenty companies between 2008 and...

Read more

Nemtudom P3 plum and Csengődi cherry in the National Species Catalogue

The Species Certificating Committee  recognized newly bred grapes and fruit varieties – told the Ministry of Rural Development (VM) to MTI on Tuesday. The Board, among others, took up the...

Read more

Two billion HUF remains in the food industry

The Hungarian food industry no need to pay the two billion HUF worth annual disaster protection contribution, because the parliament changed the certain provisions of the Act. The original legislation...

Read more

Fee should be paid for the registration of recyclable packaging products

The National Environmental Protection and Water Management Inspectorate will register the recyclable packaging, on the basis of companies and types, in the future. The registration will cost 80 thousand HUF...

Read more

Czech-Polish food debate

The Czech Republic will try to achieve at the competent fora of the European Union, to ban the imports of Polish food – said Petr Bendl, Czech Minister of Agriculture...

Read more

The ZEW index indicates an improved mood in the strongest economy of Europe

Economic sentiment further improvement in April in Germany. The ZEW index increased from 22.3 points to 23.4 points. According to the survey of the Mannheim-based ZEW, German economic sentiment improves...

Read more

Coface: persistent credit risk in most countries

he situation of companies in the construction sector closely reflects the world, regional and national economic trends. At a time when the world economy is characterized by divergences between countries,...

Read more

Dissolving of the mall stop is not on agenda

Contrary to the expectations, the dissolving of the mall stop was not the subject of last week's cabinet meeting. As they say, the retail floor space is  strictly regulated in...

Read more

The delay of investments caused a 300 billion HUF loss to the SMEs

According to the survey of GE Capital, business activity and investment sentiment greatly reduced in the case of the small and medium-sized enterprises (SMEs) in the past two years. The...

Read more
Oldal