Market News
The products of the High Quality Food Trademark System represent high quality
The Hungarian government has been paying special attention to the quality and safety of food for years. For example, in 2017, the decision, known as the “20-point action plan”, came...
Read moreVOSZ: the shopping habits of Hungarians are changing
The spread of online shopping is transforming the purchasing habits of one or two monthly bulk purchases in Hungary over the last 20-25 years – the president of the National...
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Consumers purchased from direct sellers for 60 billion HUF last year in Hungary
Hungarians are still looking to buy from direct sellers, with the sector closing at nearly 60 billion HUF last year, which is a 12 percent increase, compared to a year...
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Magyar Posta expanded its parcel processing areas
Magyar Posta has added another 5,500 square meters of additional two logistics logistics areas in the country to meet the ever-expanding parcel delivery needs – the Magyar Posta told MTI...
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Christmas – Domestic pine tree traffic amounts to 10-12 billion HUF annually
Every year, 2-2.2 million pines are sold in the country in a value of 10-12 billion forints – Boross Dávid, President of the Hungarian Horticultural Trade Association (Makert) told MTI....
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We are addicted to our habits: Wick surveyed drug selection habits around colds in the winter
During 2019, Wick conducted a consumer survey that sheds light on consumer behavior and factors that influence drug selection. Best practices for self-healing or pharmacist opinion are crucial in treating...
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Retail sales in the euro area declined in October
In October, retail sales in the euro area declined sharply in the highest amount of the past ten months – according to the European Union’s statistical office, Eurostat. In October,...
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Cofidis: Hugarians spend an average of 38,000 HUF for Christmas
Hungarians plan to spend an average of 38,000 forints this Christmas, according to the latest Cofidis loan monitor research. According to the statement sent to MTI on Wednesday, eight-tenths of...
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Conscious Consumers Association: less material approach and satisfaction can be teached
The Christmas spending fever could be overcome if people would less follow material values and the value shift could be learned – the conclusion of a year-long study that led...
Read moreEP’s professional committee wants more protection for bees than proposed before
In a resolution adopted on Tuesday by a European Parliament committee, the European Commission’s proposal on the protection of pollinating insects was considered inadequate. According to a resolution adopted by...
Read moreAgricultural Informatics Higher Education and Industrial Cooperation Center was established in Gödöllő
The Center for Agricultural Informatics and Industry Cooperation (AGIT FIEK) has been established by cooperation of corporate partners of the Szent István University and the National Research Development and Innovation...
Read moreJanuár közepéig lehet jelentkezni a kárpát-medencei Hungarikum vetélkedőre
Január közepéig jelentkezhetnek a Kárpát-medencei általános iskolák 7. és 8. osztályos, valamint a középfokú oktatási intézmények 9. osztályos diákjai és felkészítő tanáraik a Hungarikum vetélkedőre – közölte Lezsák Sándor, az...
Read moreKSH: fewer goods were transported for longer distances in the third quarter
Fewer goods were transported over longer distances in the third quarter, the road and rail freight performance declined while it grew on the Danube, according to the Central Statistical Offivce’s...
Read moreITM: the strengthening SMEs is a high priority
The Ministry of Innovation and Technology (ITM) gives high priority to the strengthening of small and medium-sized enterprises (SMEs) – Szepesi Balázs, ITM Deputy Minister of State responsible for Economic...
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The euro area private sector remained close to stagnation in November
Growth in the private sector in the euro area remained close to stagnation in November, following the strong recession in the manufacturing sector, both in the services sector and the...
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Logistics to miss out on digitalisation?
Logistics experts are worried that the sector will fall behind as the process of digitalisation is speeding up – revealed the Continental Mobility Study 2016. 9 percent of experts were...
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Magazine: Shares are welcome!
Hungarians do like their dessert, so it doesn’t come as a surprise that sales of chilled dairy snacks are growing. Ágnes Pataki, FrieslandCampina Hungária ZRt.’s brand manager told our magazine:...
Read moreAgribusiness researcher: fertilizer sales declined
Fertilizer distributors sold 1.4 million tons of fertilizer directly to farmers in the first three quarters, which is 3.2 percent decline, compared to a year before. Fertilizer prices rose by...
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Eat less packaging!
We consume nearly half a kilogram of food contact materials in our lives – and we are not thinking about tissue napkins, but compounds that are dissolved in food from...
Read moreAlmost 212 billion HUF agricultural support advances were paid to farmers this fall
The advance payment period for this year’s agricultural subsidies is over, and between October 16 and November 30, 2019 the Hungarian Treasury has paid out nearly 212 billion HUF support...
Read moreThe decline in the number of bees causes sevetal billion forint damages to agriculture
The decline in the number of bees causes sevetal billion forint damages to agriculture due to the lack of pollination of plants – Haász Ferenc, chairman of the Göndöcs Benedek...
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NAK: significantly less damages occured thanks to the hail damage mitigation system
The hail damage mitigation system, which has been operating in Europe for two years and is unique in Europe, has resulted in significantly less damages – the president of the...
Read moreHundreds of domestic webshops can commit infringements
It is difficult for them to comply with the law, so hundreds of domestic online shops often risk million HUF worth fines – was said at the conference of EY....
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Asian capital is entering the Hungarian economy
A subsidiary of MFB Group, the MFB Invest Zrt. and the Chi Fu Investment Group, with significant investment and management experience in Asia, are establishing a common equity fund. The...
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Magazine: Traceability system for safer food products
The National Food Tracking Platform of the Ministry of Agriculture and GS1 Magyarország has been running very successfully for 4 years. GS1 Magyarország’s business development director Krisztina Vatai told: With...
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TM: the tested chocolate Santa Clauses complied with the standards
All 22 types of chocolate Santa Clauses meet the standards tested this year at the accredited Food and Chemical Laboratory of the Ministry of Innovation and Technology (ITM) – the...
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Christmas cakes – tradition or novelty
If we have a holiday where traditions and family traditions play an important role, then it’s Christmas. This is also true for decorations, visiting of relatives, festive menus and cakes....
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Agro-economic researcher: the agricultural machinery market continues to grow
Agricultural machinery market in Hungary continues to expand: Private holdings and joint ventures bought new machinery worth about 134 billion HUF in the first three quarters, which is a 3...
Read moreKSH: exports grew even more than the first estimate
Exports grew even more than the first estimate. The euro-denominated value of exports increased by 11.7 percent and imports by 7.7 percent in the ninth month of the year –...
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MLBKT: Purchasing Manager Index rose in November
The seasonally adjusted Purchasing Manager Index (PMI) for November was 53.0 points, after October’s 52.0 points. Respondents reported overall more favorable processes than last month, the Hungarian Logistics, Purchasing and...
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