Market News
Instead of improving, business sentiment in Germany deteriorated in January
Date: 2020-01-27 11:05:54
Despite the more favorable current environment, the business sentiment index in Germany dropped in January due to a deterioration in the outlook rather than expected improvement – according to a...
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The performance of the euro area private sector remained depressed in January
Date: 2020-01-27 11:03:40
Eurozone private sector performance has been depressed in January, but there are signs that it has surpassed the worst, as revealed by preliminary Purchasing Manager Indexes for IHS Markit’s London-based...
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GKI’s economic sentiment index started the year with a slight decrease
Date: 2020-01-27 10:34:10
To a lesser extent than in December, the GKI economic sentiment index continued to decline in January, reaching its lowest level for more than three years. The current contraction is...
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Magazine: Hungarian Grain and Seed Association: Great potential in making organic products
Date: 2020-01-27 07:00:14
According to Zsófia Pótsa, general secretary of the Hungarian Grain and Seed Association (MGTKSZ), the annual gross production value of the Hungarian milling industry is HUF 97-99 billion. Per capita...
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Last year, AM supported farmers with about 800 billion HUF
Date: 2020-01-24 11:45:51
Agriculture and rural development subsidies contributed about 800 billion HUF to the sustainable production of Hungarian farmers in 2019 – the Ministry of Agriculture (MTI) announced on Friday. According to...
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Nagy István: the number of producer markets increased by two and a half times
Date: 2020-01-24 11:30:14
Thanks to government subsidies, the number of local producer markets has increased by two and a half times between 2012 and 2019, from 117 to 298 – the Minister of...
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ÁSZ: the integrity of agricultural schools needs to be strengthened
Date: 2020-01-24 11:16:08
The integrity of agricultural schools, ie their protection against corruption, should be strengthened, according to the State Audit Office (ÁSZ), whose audits have uncovered a series of irregularities in the...
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MFB launches three new loan programs for SMEs
Date: 2020-01-24 11:13:22
The Hungarian Development Bank (MFB) Zrt. announces three new loan programs for Hungarian small and medium-sized enterprises – Sipos-Tompa Levente, President and CEO of MFB Zrt. announced at a press...
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Nébih has produced guidelines for the control of bovine tuberculosis
Date: 2020-01-24 11:13:01
The Nébih has prepared guidelines for controlling bovine tuberculosis. The guidelines are now available on the agency’s website. The development of the guides was justified by the fact that while...
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Consumer confidence in the euro area did not change in January
Date: 2020-01-24 11:02:48
Consumers’ confidence in the euro area and in the European Union remained unchanged in January -according to a survey by the European Commission’s Directorate-General for Economic and Financial Affairs (DG...
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Hungary on Two Wheels will continue
Date: 2020-01-24 10:35:19
Two young influencers (Szabina Emmer – Blogozine and Palkó Görbe – Serpenyővirtuóz) spent 13 days cycling around Hungary, visiting 13 Hungarian Product trademark users. ‘Hungary on Two Wheels’ aimed at...
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Magazine: Stable raw milk prices, worsening sales results
Date: 2020-01-24 07:44:10
Zoltán Harcz, managing director of the Dairy Board informed that in comparison with the average of 2010-2011 (1,906 million litres), Hungary’s milk production increased by 15 percent to (1,653 million...
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Analysts at the Savings Bank raised their GDP forecast for this year
Date: 2020-01-23 11:50:45
Due to easing external risks and strong FDI inflows, Savings Bank analysts have raised their GDP growth forecast from 3.7 percent to 4 percent this year, and expect 3.5 percent...
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The Milk Product Board launched a school campaign
Date: 2020-01-23 11:40:24
The Milk Product Board has launched a campaign to promote milk consumption in nearly 100 primary schools – the organization announced on Thursday. The “We’ve Got Milk at Home” campaign...
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Domestic onion growers have joined forces to continuously have Hungarian onions on the market
Date: 2020-01-23 11:38:41
Hungarian onion production has fallen significantly since the change of regime, and with the help of the National Chamber of Agriculture, producers are working together to supply domestic onions to...
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A cooperation agreement has been concluded between the Savings Bank and FruitVeb
Date: 2020-01-23 11:20:34
The Savings Bank and the Hungarian Fruit and Vegetable Interprofessional Organization and Product Board (FruitVeB) have signed a cooperation agreement at the AgroMash Expo, not only on exchanging information and...
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Employment Service: the number of job seekers has reduced on an annual basis
Date: 2020-01-23 11:08:04
The number of jobseekers decreased by 2.9 percent in December 2019, compared to the same period of last year. At the end of December, 234,900 jobseekers were registered at the...
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The European Court of Auditors is an effective but not flawed EU SME program
Date: 2020-01-23 11:02:47
The EU SME support program is effective and innovative progrma but has problems – the European Court of Auditors’ Special Report on the Instrument to support small and medium-sized enterprises...
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Mastercard and the International Ski Association work on the sustainability of winter sports
Date: 2020-01-23 11:00:19
With the help of a payment technology firm, Kitzbühel, home to the Hahnenkamm competition, will be completely cash-free, and experts say that in the next five years, many ski paradises...
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Trade marketing in 10 years from now
Date: 2020-01-23 09:57:26
Once again it was in the building of the Budapest Chamber of Commerce and Industry where the year’s last Trade Marketing Club meeting took place in November. One of the...
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Poultry should be kept indoors throughout the country
Date: 2020-01-22 11:40:47
The national chief veterinarian has ordered poultry to be kept indoors throughout Hungary in order to further reduce the chance of contact with wild birds and thus the risk of...
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Beekeeping Association: agriculture will collapse without beekeepers
Date: 2020-01-22 11:30:23
Without beekeepers, agriculture will collapse, so the European Union must provide them fair market conditions – the president of the National Hungarian Beekeeping Association told M1 news channel on Wednesday....
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Thirteen thousand children received a gift package from the Food Bank
Date: 2020-01-22 11:10:42
Thirteen thousand needy children received a gift package during the holidays at the charity program of the Hungarian Food Bank Association – the organizers told MTI. According to the announcement,...
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Last year the sales of electric cars in Hungary increased by more than 40 percent
Date: 2020-01-22 11:01:52
Last year, dealers sold 1,803 new electric cars in Hungary, which is a record. It is a 41 percent increase over the same period of last year. The majority of...
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Souvenirs depicting the princely couple have been discounted
Date: 2020-01-22 10:59:35
British shopkeepers have responded with an unprecedented drop in prices to make sure Prince Harry and Meghan Markle break the royal court almost permanently and begin to become independent, thus...
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Hair nourishing at the highest level
Date: 2020-01-22 10:30:18
According to a survey made by L’Oréal Magyarország, sales in the hair care category augmented by 3.7 percent in value but dropped 4.4 percent in volume in 2019. The company...
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Magazine: The whole world in a mug
Date: 2020-01-22 07:17:50
According to the Food and Agriculture Organisation (FAO) of the United Nations, global tea production and consumption will grow in the next 10 years. Csilla Solti, commercial manager of Mediline...
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Domestic mineral water and soft drink manufacturers are launching a plastic recycling revolution
Date: 2020-01-21 11:32:13
The Hungarian mineral water and soft drink manufacturers were the first of the Hungarian food production sectors to make sustainability commitments. The Members of the Hungarian Mineral Water, Fruit Juice...
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New resources can help modernize livestock farms
Date: 2020-01-21 11:28:14
By the end of March, the Ministry of Agriculture will reopen its rural development program tenders to support the modernization of livestock farms, and the ministry expects the measure to...
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About a hundred wineries can be found on the website of Hungarian Wine
Date: 2020-01-21 11:25:11
The data of about a hundred wineries can be found on the official website of the Hungarian Wine (bor.hu), which started in December – the wine marketing expert of the...
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