Market News

Several tonnes of dangerous food found in Europe

Rancid olive oil, vinegar-smelling wine and inedible fish were also found throughout Europe, when authorities of ten countries struck on the distributors of false and dangerous foods, medical products and...

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Magazine: Nine out of ten households buy mineral water

According to GfK Hungária’s ConsumerScan survey, ninety percent of Hungarian households bought mineral water in 2010. Compared with 2009, the category’s reach expanded by 5 percentage points. Average volume purchased...

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The Tokaj wine region received historical landsape classification

Réthelyi Miklós, National Resources Minister declared Tokaqj as a historical landscape. The Tokaj wine region appears on the World Heritage list of The United Nations Educational, Scientific and Cultural Organization...

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Hungarian industry’s momentum halt in the end of the year

Industrial production was below expectations last December, but according to analysts, it cannot be drawn further far reaching conclusions from this data, because they consider the data brings a large...

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Magazine: The product fee law may change trends

According to data collected by the Hungarian Association of Packaging and Materials Handling (CSAOSZ) from the database of KSH, in terms of value the domestic packaging industry produced a 14-percent...

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Hungary is a backmarker in consumer confidence

The consumer confidence index in Hungary has dropped to 30 points from 61 points in two years. This index is the lowest in the world – states Nielsen market research...

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Ministry of Rural Development: beef exports to Turkey to be restarted

The Turks agreed the measure package of the Hungarian authorities and, therefore, re-allowed the livestock, including beef imports from Hungary – told the Ministry of Rural Development (VM) to MTI...

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Opten: a further increase in the number of liquidations and dissolutions

In January liquidation procceedings have started against 1,951 companies and dissolutions started against nearly two thousand companies. This is a 44 and 71 percent inncrease, compared to January 2011 –...

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More smart phones were sold last year than PCs

The sales of smartphones on the world market last year, overtook the sales of personal computers – shows the analysis of the Canalys market research firm. The retail trade sold...

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Ministry of Rural Development: increasing demand for domestic products

The demand for domestic products increases – said Bognár Lajos, Deputy-Secretary of State the Ministry of Rural Development (VM) responsible for food chain surveillance and agri management on Monday in...

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The excess of supply can decrease sugar prices

The world’s sugar production may exceed the demand also this year, which according to experts say can result in a reduction of sugar prices. Bloomberg quotes the European leaders of...

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The Consumer Protection Inspectorate focuses on hypermarket

The Consumer Protection Inspectorate begins the increased monitoring of the big commercial stores in Budapest. The Consumer Protection Inspectorate carries ot the inspections together with two other state offices, which...

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Hungarian-Indian agreement on fish breeding

The agreement over aquaculture, carp genetics and freshwater fish breeding programs was signed on 2 February in India, by Czerván György, Secretary of State, responsible for agri-management and Prabeer Kumar...

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This year, China may be the EU's largest export market

This year, China can be the EU's largest export market – said Markus Ederer, EU’s Chinese ambassador to Peking on Monday, referring on a forecast based on the current commercial...

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The government pays to Hungarian Sugar Ltd

The government is willing to pay the money promised to sugar beet growers within the compass of a national support regulation. The cash will be paid in advance to Hungarian...

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Hungarian-French discussions: CAP and foie gras

Among other things, duck and goose products produced with feeding stuff and Their international marketing Were the themes of the ninth meeting of the French-Hungarian Agricultural and Rural Development Working...

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The Ministry of Rural Development promotes organic farming

The Ministry of Rural Development develops an organic agricultural management program to promote to increase the organic farming area until 2020 to three hundred thousand hectares in Hungary – informed...

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The government pays the advanced support to the sugar beet factory in Kaposvár

The sugar factory in Kaposvár will receive the 800 million HUF until the end of February, which the government could not pay last year to the sugar beet producers, because...

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Garden Region program in the small region of Veszprém and Zirc

The city of Veszprém and an NGO launched a program to the production and local use of locally produced chemical-free products – informed Forgács Tamás MTI on Saturday. The project...

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Eurozone’s retail turnover decreased

In the euro zone, the volume index of retail trade decreased by 0.4 percent in a month, while in the EU a 0.3 percent increase occurred. In December 2011 the...

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Fifty-nine percent of consumers around the world indicate difficulty understanding nutritional labels

Nielsen, a leading global provider of insights and analytics around what consumers watch and buy, today released a new report indicating that 59 percent of consumers around the world have...

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S & P: the eurozone may leave the recession behind in the second half of the year

The euro zone in this year's second half is expected to gradually leave behind its “mild recession” – predicted Standard & Poor's on Thursday in London. The international credit rating...

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One million liters of illegal Italian wine was found in Bács-Kiskun county

The Food Chain Safety inspectors found one million liters of illegal Italian wine in Bács-Kiskun county – announced the Ministry of Rural Development. The official proceedings are taking place with...

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The winemakers in Somogy cannot increase their prices

The majority of the winemakers in Somogy cannot increase their prices, because the consumers are sensitive to any price changes. The great majority of the domestic wineries implemented huge improvements...

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Balatoni korona: hundred million output is planned in one and a half year

The Balatoni crown will be marketed on March 22, the issuer, th e Balatoni Korona Zrt. counts on three hundred accepting sites and hundred million output in one and a...

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GfK achieved sales increase of 6.2% in 2011 based on preliminary figures

In financial year 2011, the GfK Group achieved an increase in sales and income. Based on the preliminary figures, sales were up by 6.2% to around EUR 1,374 million in...

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The Christmas sales of SMEs stagnated

This is his second year of stagnation in the Christmas sales of the small and medium sized enterprises. Their Christmas sales apparently not changed, compared to the previous year. However,...

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Fazekas Sándor: the tenders of the Darányi Ignác Plan constantly open

This year, the applications of the Darányi Ignác Plan are being opened continuously – said Fazekas Sándor, Rural Development Minister. The Rural Development Minister pointed out that the Darányi Ignác...

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World Bank: food prices rose by one-fourth last year

The 2011 food price index was 24 percent above the 2010 value and the volatility is expected to continue – told the World Bank. Between September and December 2011, food...

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VAN foundation: “Search for the local products!”

Local producers have established a local producer database, with the public contact details of more than 2,600 domestic local producers, with the support of the European Union’s Regional Development Fund,...

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