Market News

Six sectors share the two-third of the online retail sales

The bulk of the turnover is made by web stores that also have traditional shops. Among other things, this came into light at the joint press breakfast of GKI Digital...

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NAK: a guide to futures contracts

Last year, all the participants of the grain market were adversely affected, that futures contracts fell short, due to deficiencies of the legislation. According to the new Civil Code, came...

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The poppy industry may bring twenty billion HUF revenue

Hungary has the conditions to become a great power in the industrial poppy cultivation again; with a processing plant the sector could reach an annual 20 billion HUF in revenue,...

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Whitening economy, due to the online cash registers

175 billion HUF more turnover was admitted from sectors, that were previously infected with VAT frauds, compared to a year ago – the compilation of the Magyar Nemzet states. According...

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Fazekas: the VM wants to help to the spice paprika sector

The Ministry of Rural Development (VM) is willing to help to the spice paprika sector, which is in a difficult situation with 170 million HUF seed support – Fazekas Sándor...

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Cigarette smugglers were caught

The authorities found smuggled cigarettes in Tivadar and in Debrecen. About fifty million HUF worth smuggled cigarettes were found by police officers and finance officers in a house in Tivadar...

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It is Sweden’s turn now

As of 1 January 2014 the Swedish Chamber of Commerce in Hungary took over the rotating presidency of the European Union’s Chambers of Commerce in Hungary. János Takács, chairman of...

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Light in the Sahara

On 21 January The Coca-Cola Company announced at the World Economic Forum in Davos which one of the Global Shapers Community’s projects they will be funding. The biggest sum, USD...

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Women and older people are more conscious customers

GfK’s Shopping Monitor research was also prepared in 2014. The research monitored the buying habits and the chang od the buying habits over time. According to the datas of the...

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The EU tests the environmental footprint of foods and feeds

On the markets of the EU, different national methods and procedures (ISO 14044, PAS 2050 etc.) are used, that do not allow the comparison of the performance of the products...

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There can be more online cash registers, than traditional cash registers by the end of May

The number of installed online cash registers exceeded 59 thousand – according to the March 10 datas. It is expected that by the end of May most of the shops...

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Budapest is most attractive investment location in Eastern Europe

According to the most recent ranking of the fDi Magazine, owned by the Financial Times group, 2014-2015 Budapest is most attractive location in Eastern Europe in terms of capital investment....

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SafeBrand for the Hungarian for products

For today's conscious consumers, value can be a number of things when choosing a product: in addition to natural ingredients, nutritional values, allergens, much more attention is paid to the...

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Hungary's largest health and harmony center to open!

Hungary's largest health and harmony center, called Bijó opens in March. The center awaits the health-conscious visitors on two floors, on a total area of 6,000 square meters. In a...

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Magazine: Upward trend in our agricultural trade with Russia

In February 2013 Hungary’s Minister of Rural Development opened the Prodexpo 2013 food trade fair in Moscow. In Hungary at the 2013 OMÉK (National Agriculture and Food Exhibition) Russia was...

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Non-perishable food collection will be held next Sunday by the Catholic Church

Non-perishable food collection will be held next Sunday in the Catholic churches. The letter of the Hungarian Catholic Bishops' Conference (MKPK) over the food collection will be read in all...

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KSH: The decline in agricultural prices continued in January

Agricultural producer prices continued to decline in January by 13.4 percent, compared to a year earlier. In particular, the price of crop products declined by 19.6, the price of live...

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Analysts: foreign trade surplus exceeded the expectations

The foreign trade surplus in January exceeded the expectations – analysts told MTI on Wednesday. The analysts share different views about the extent of the surplus. According to the communication...

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The VM provides a support of about 150 million HUF to the paprika producers

The Ministry of Rural Development (VM) provides an about 150 million HUF support to the spice paprika producers in 2014 – the ministry told MTI on Thursday. The spice paprika...

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Product warranty from 15 March

In the future the purchaser can enforce the warranty right against the manufacturer or the dealer, thanks to the new Civil Code, enters into force on 15 March. The new...

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The number of mini-breweries doubled in the Czech Republic

The number of mini-breweries doubled in the Czech Republic over the last three years. There are currently 215 mini breweries in the country – Jan Surán, President of the Czech-Moravian...

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Those who threw the cash registers to the forest can be sentenced for three years

The Police has opened an investigation because of the dozens of cash registers, that were thrown into the woods of the Mecsek. The culprit can be sentenced for up to...

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A record in the Hungarian agri exports

The Hungarian agricultural exports continued to grow last year, to 8.093 billion euros. It is 18 million euros (0.2 percent) higher than the level of 2012 – Czerván György, Minister...

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KSH: Industrial production increased strongly in January

According to seasonally and working-day adjusted datas, the volume of industrial production rose by 6.1 percent in January, compared to a year earlier, and was 3.1 percent higher than in...

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Manpower: Hungarian employers are characterized by cautious optimism

Cautious optimism characterizes the Hungarian employers: According to the most recent survey of the Manpower labor market operator, in the second quarter of 2014, 15 percent of the employers expect...

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The Romanian miccs was saved

The Romanian food industry entrepreneurs are glad because the competent committee of the European Union has approved the traditional recipe of the traditional Roman meat product, known as miccs. The...

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Seven out of ten Hungarian shoppers appreciate if a retail chain rewards their loyalty with a loyalty programme

In Hungary 46 percent of consumers shop in stores that offer a loyalty programme to customers. Seven out of ten Hungarians prefer to do their shopping where their loyalty is...

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0.1 percent inflation rate in February, food prices remained unchanged

Consumer prices were 0.1 percent higher this February than in February 2012. Compared with the previous month, consumer prices increased by 0.1 percent – the Central Statistics Office (KSH) announced...

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The condition of the autumn-sown cereals is promising

The condition of the autumn-sown cereals is promising – Vancsura József, president of the National Association of Grain Producers (GOSZ) told MTI on Tuesday. He added, however, that in many...

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Kotányi grows pepper in Mórahalom again

The local government of Mórahalom and the Kotányi spice trade company and the Fűszermalom Kft. (Spice Mill Ltd.) have signed a cooperation agreement in order to boost paprika production in...

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