Market News
The Budaörs peach received EU protection
On Monday, the European Commission protected the name Budaörs peach (Budaörsi őszibarack), bringing the number of Hungarian geographical indications protected in the EU to 67. The use of geographical indications...
Read moreFreight traffic at the Liszt Ferenc Airport was at a record level in the first quarter
Between January and March, the Liszt Ferenc International Airport handled 39.5 thousand tons of cargo, which is a 19 percent increase, compared to the same period of the previous year...
Read moreMTSZ: Hungarian signatures for European initiative to save bees have been gathered
A sufficient number of 15,750 signatures have been collected from Hungary wthin the Save the bees and farmers! European Citizens’ Initiative – the Hungarian Association of Nature Conservationists told MTI...
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Trademark is the best indicator for being Hungarian-made
According to a 500-respondent representative survey conducted by InnoFood Marketing at the end of January 2021, for 84.2 percent of consumers it is trademarks that help to identify the Hungarian...
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Less impulse buying, but the trends continue
Chocolate, wafer and biscuit sales were affected very much by the COVID-19 pandemic. According to Sándor Sánta, president of Hunbisco, the Association of Hungarian Confectionery Manufacturers, sweets basically disappeared from...
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Sydney to create ‘world-class boulevard’
Sydney is to invest $43.5 million converting the city’s downtown retail destination George Street into what it hopes will become a ‘world-class pedestrian boulevard’. New Italian style grocery comes here...
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The traditional Hungarian flavours are still popular
Hungarian, high-quality ingredients are gaining ground when buying food, and according to the latest trend, traditional methods of preparation are also being rediscovered. We are also culturally connected to Hungarian...
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GVH draws attention to fraudulent websites
The Competition And Markets Authority (GVH) has recently received an increasing number of consumer signals about substandard websites advertising various health products. The websites on the competition authority’s horizons first...
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The Hungarian labour hire market is cleaning up
As provided for by the European Union, the Hungarian VAT Act was amended from 1 April 2021. In this sense, the VAT treatment rules for temporary agency services have also...
Read moreAfter the weak first quarter, the Beer Association is confident in the recovery of the domestic beer industry
The Hungarian beer industry closed a weak first quarter, but the largest producers are confident that the turnover will pick up for the rest of the year, said Sándor Kántor...
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GKI’s consumer confidence index jumped to a one-year high in April
The GKI consumer confidence index jumped to a one-year high of minus 24.5 points in April, but is still significantly below the level of minus 12.1 points in March 2020...
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Meat exports to Singapore can continue on exceptionally favorable terms
From now on, Hungary can supply pork and meat products to Singapore on more favorable terms than before, domestic producers do not have to meet any additional requirements for exports...
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Beekeepers are in big trouble this year
The wintry weather of the past few days, the frosts in the morning and the cold days not only made the nightmare of fruit growers a reality, but also put...
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Waves coming and going in the fruit juice sea
In the 1st quarter of 2020 the experts of Sió-Eckes Kft. observed dynamically growing value and volume sales in the FJND market. Sales were also increasing in the June-September period,...
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Magazine: Discounters are conquering Europe
According to the E-Scanner newsletter of the Private Label Manufacturers Association (PLMA), discount supermarkets have increased their market share and they are playing a very important role in European retail...
Read moreNAK: a significant amount of Hungarian asparagus arrives in stores this week
Hungarian asparagus will hit stores later this year, but this week customers can expect a significant amount – the National Chamber of Agriculture said to MTI. This year’s delay was...
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NAK: The alarm period for the hail damage mitigation control system has started
The protection period of the hail damage mitigation control system, which has been in operation since 2018, began on Wednesday – the National Chamber of Agriculture (NAK) told MTI on...
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Indigenous fruit trees are planted in Rákóczifalva
More than thirty different fruit trees native to Hungary will be planted on Thursday in the yard of one of the primary schools in Rákóczifalva, Jász-Nagykun-Szolnok County, in the area...
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(HU) Amit az elmúlt 15 hónapról tudni érdemes
Sorry, this entry is only available in HU....
Read moreOECD: The world economy needs to be rebuilt on new foundations
In view of the coronavirus pandemic and its dramatic consequences, the OECD recommends rebuilding the economy on a new foundation in order to strengthen resilience to crisis situations. OECD Secretary-General...
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AM: pig sector is an important strategic area
The pig sector is an important strategic area, so the future goal is to further develop the sector to play a key role in the development of Hungarian agriculture and...
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10 billion HUF food industry investment begins in Kiskunfélegyháza
A 10 billion HUF food industry investment will start in Kiskunfélegyháza with state support – the Minister of Foreign Affairs and Trade announced the investment of the Kiskunfélegyháza NT Kft....
Read moreAccording to a study, precision agriculture can bring 269 million euros to Hungary
In countries that rely heavily on agriculture, the spread of 5G networks and the agricultural solutions based on them can represent an outstandingly high added value in terms of investment....
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This is what people plan to the spend a lot on this year
38 percent of those surveyed believe that they can breathe a sigh of relief about their finances as early as this year and even afford higher expenses, according to research...
Read moreSlovakia will ease restrictions
Restrictions on the spread of the coronavirus in Slovakia from Monday will be eased, shops may be opened under certain conditions and church services may be visited, according to a...
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Documentary shows the social enterprises of the Hungarian Maltese Charity
The well-known saying is that it is not necessary to give fish to the hungry, but to teach them how to fish. In this spirit, the Hungarian Maltese Charity launched...
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P&G inks multiyear MLS sponsorship
Procter & Gamble signed a multiyear sponsorship of Major League Soccer (MLS) that aims to bring greater equity and inclusion to the sport while broadening the CPG giant’s reach with...
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Employers will be monitored more rigorously by the Employment Authority from March
In the course of official labour inspections starting after day 1 of the AP, employers will be monitored by the employment supervisory authority with slightly new, one shade, or rather...
Read moreNAV found a criminal gang involved in the illegal tobacco trade
More than three hundred million forints of damage was caused by a criminal association dealing with the illegal tobacco trade, which was recently liquidated by the National Tax and Customs...
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