Market News
The international trade union is concerned about the deterioration of profitability in air freight transport
The International Air Transport Association (IATA) fears that profitability in air freight transport will continue to decline in 2020, which will lead to the failure of many companies. Andrew Matters,...
Read moreChinese retail sales increased significantly
In November, retail sales and industrial production in China increased with the highest annual growth of the past five months, according to a report from the Beijing National Bureau of...
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Professional success and major innovations at Auchan
Ildikó Balázs, head of corporate affairs and quality at Auchan was honoured with the Klauzál Gábor Certificate of Honour on Europe’s Day in Commerce. She received the prestigious prize for...
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The busiest season of the year starts in stores
The busiest season of the year will start in stores, with the biggest rush expected between 20-23 December – the MTI surveyed store chains told. Auchan expects sales growth of...
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Turkey Association: turkey meat turnover can grow by 10 percent during the holiday season
According to the Hungarian Turkey Association, the domestic trade of turkey meat will increase by about 10 percent in December compared to the other months of the year, and the...
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The agricultural ministry plans to double fish consumption
Fish consumption in Hungary has increased over the last ten years, but is still far below the EU average – Farkas Sándor, parliamentary Minister of State of the Ministry of...
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Nébih: national inspections on Christmas markets
Authorities across the country are conducting inspections at Advent and Christmas fairs because experience has shown that these are the places where most violations occur – Pleva György, director of...
Read moreOpten: 44 percent more companies were terminated in November than created
With 1,912 company registrations, 1,303 company registrations were liquidated, and 44 percent more were closed i nNovember, according to an analysis by Opten. Pertics Richárd, Opten’s corporate information expert, said...
Read moreThe representation of the Hungarian Export Development Agency in Moscow was opened
The Minister of Foreign Affairs opened a representation of the Hungarian Export Development Agency (HEPA) in Moscow on Friday. It is the job of the Hungarian government to help the...
Read moreRetail sales in the United States grew less than expected
Retail sales in the United States were lower than expected in November, according to a report released Friday by the Department of Commerce’s statistics agency Census Bureau. In November, retail...
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Magazine: More stores can now use the SuperStore logo!
Trade magazin organised the SuperStore competition in 2019 too. It was an important criterion in the store design concept competition that retailers operating an online shop only weren’t eligible for...
Read moreKSH: agricultural producer prices have increased
In October, after a three-month slowdown, the increase in agricultural purchase prices accelerated again, mainly due to the rise in fruit and pig prices. According to the data of the...
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ITM: consumer protection test for liqueurs was problem free
Twenty liquors were tested in the accredited laboratory of the Ministry of Innovation and Technology (ITM) as part of its periodic inspection series – the ministry told MTI on Saturday....
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Survey Green Christmas is more and more important to us
According to the online survey of Jófogás, compared to last year, there are more people who no longer wrap Christmas gifts, due to environmental reasons, but one in ten people...
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3 million Hungarians on the road to spend Christmas at home
According to the latest Mastercard research, over 3 million Hungarians will board a plane, bus or train to spend Christmas with their family. 15 percent of Hungarian respondents will come...
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NAV is not slowing down with digitalization improvements
Following the successful introduction of the online invoicing system, the National Tax and Customs Board (NAV) is launching technological developments in additional areas. From 1 July, 2020, companies will be...
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Four-fifths of Hungarians buy gifts 1-2 weeks before Christmas
In December last year, Hungarian consumers purchased 223 billion HUF in domestic retail trade, which is 10 percent of total annual turnover, 3 percent more than a year before. 83...
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MA-Fish expects good fish production
Domestic fish producers can close a successful year, with a 3-5 percent increase, compared to last year due to favorable hydrological conditions and summer temperatures. The increase is not due...
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Christmas chocolate bar in Millenaris park
From Friday to Sunday, confectioners dressed in leprechaun and fairy dresses will bake delicacies for the kids at Chocolate Nook, in the Millenáris Park in Budapest, the Mészáros Group told...
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The plant health regulations for the population will be tightened drom 14 December
The import of small quantities of plants and plant products for own use is also restricted by the European Union’s new phytosanitary system in force from 14 December; Henceforth, travelers...
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Blue banana with vanilla flavor
Blue bananas, which are full of potassium and fiberare gaining popularity though it has not familiar banana flavor – origo wrote after Newsner.com. Blue banana has a surprising taste, compared...
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Brexit: longer wait, more paperwork await the companies
Regardless of the scenario that will eventually occur, Brexit will have a significant impact on logistics and shipping across Europe. The key issue for the FTA is whether or not...
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Vitamin boosting in the winter with fruit juices – only naturally!
Sales increased in the fruit juice market last year, and according to Anita Pusztai, senior brand manager of Sió-Eckes Kft., the trend continues this year too. What is more, the...
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Packaging trends: With alternative solutions for the environment
Packaging is a very important thing in our lives. DS Smith offers sustainable packaging solutions to partners with which they can swiftly react to changing shopping habits, and at the...
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Magazine: Food waste conference report
On 11 September the Hungarian Association of Environmental Enterprises (KSZGYSZ)0 hosted a conference on food waste, with speakers from 10 different fields of the sector. The presentations had a connection...
Read moreKSH: production value increased by 3.1 percent this year
Due to a 0.7 percent drop in production volume and a 3.8 percent rise in producer prices, total agricultural output rose 3.1 percent this year, according to the first estimate...
Read moreThis year the premium rate of subsidized agricultural insurance increased by 16 percent
The volume of subsidized crop insurance premiums paid by farmers is expected to be close to 11.4 billion HUF this year, which is 16 percent higher than last year –...
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Minister of State launches campaign to encourage sheep, goat and dairy products
The government is launching a campaign to encourage sheep and goat meat and dairy products consumption to target products from the highly export-oriented sector to Hungarian consumers as well –...
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Intrum improved the solvency of the Hungarian population
The solvency index of the Hungarian population rose slightly again in the third quarter of this year, following a decline in the previous quarter – the Intrum Mortgage Management Company...
Read moreNext year, the irrigation system will be completely transformed
Parliament approved the Ministry of Agriculture’s bill on irrigated farming with 171 votes in favor and 17 against – origo wrote. Under the new legislation, which will come into force...
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