Market News

Typical blue grape varieties are harvested in Villány at the end of August

Some farmers may begin harvesting blue grapes in the Villány wine region in the last days of August, the secretary of the 2,500-hectare vineyard council told MTI. Nagy Gergely said...

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Nagy István: grants and programs help increase the competitiveness of beekeeping

The Hungarian beekeeping program, the honey promotion campaigns, and the Year of Pollinators announced this year are all intended to boost the competitiveness of the sector and increase the efficiency...

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Consumer confidence in the euro area deteriorated in August

Consumers confidence in the euro area and in the European Union deteriorated in August, according to a survey by the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN)....

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German farmers closed another poor harvest season

The summer harvest season in Germany has again been poor and workers have been hard to find, according to a report by the National Association of Farmers (DBV) published on...

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The richest family businesses

For many people, family businesses are small, friendly shops. However, there are families that run mega-billion dollar companies. Bloomberg has compiled a list of the richest families in the world...

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Aviation fuel from household waste

Shell, British Airways and Velocys are building together a huge facility that will be able to recycle household, commercial and production waste by turning it into fuel for aircraft. It...

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KKM: a discussion took place in Budapest about the export of Hungarian pork to Thailand

Representatives of the Thai Ministry of Agriculture and the Ministry of Foreign Affairs (KKM) were discussing licensing of Hungarian pork in Thailand and successful Hungarian measures against swine fever in...

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Cigarette prices in Hungary are moderate

In the Czech Republic, a pack of 20-fiber cigarettes costs an average of 3.88 euros (1270 forints), while in Hungary it costs 3.82 euros (1250 forints) – boon.hu wrote. The...

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Foods in the heat

Why do foods get worse in the heat? What can we use to determine if they can still be consumed? How do we store food in the heat? Why shouldn’t...

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The development of the online grocery shopping market in Germany is below expectations

The market for fresh food on the Internet in Germany has failed to live up to the hopes of service providers – German news portals wrote on Wednesday that DHL’s...

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Nébih is helping the wood trade companies with a guide

The National Food Chain Safety Authority (NABIH) is providing an online guide to help wood traders to operate in compliance with Hungarian and EU legislation, the office’s head of department...

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German mobile companies make online shopping easier

Leading German mobile companies are launching a joint service called Mobile Connect, which allows you to connect to portals with a phone number without entering an email address or password,...

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Economic activity in the euro area improved

Economic activity in the euro area improved somewhat in August, as manufacturing performance decreased at a slightly slower pace, although concerns about global trade sentiment further worsened business sentiment among...

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The National Council of Mountain Communities: 2019 vintage can be a very good year

According to responses of the winemakers, we are ahead of a very good vintage – Brazsil Dávid, Secretary General of the National Council of Mountain Communities told M1 news channel...

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Chamber of Agriculture: less pears to be produced this year

According to preliminary data, this year the domestic pear crop may be up to 20-25 percent less than in the average years, according to preliminary data, while the quality is...

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Lidl is expanding its Hungarian products

Lidl Magyarország is further expanding the range of its own branded product line called Hungarian Treasures, which are products exclusively from Hungarian suppliers – origo wrote. Lidl Magyarország within the...

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A special Hungarian cake is conquering India

An Indian couple, Saira and Mohammed Shafi, have decided to introduce the famous hungaricum, the chimney cake in their home country – origo wrote. Initial experience shows that the locals...

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Gyopáros: many successful applicants prove the success of the Hungarian Village Program

Many applicants and many winners prove the success of the Hungarian Village Program and the fact that applications tailored to real needs have emerged – the government commissioner responsible for...

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Magyar Posta upgrades package delivery

Magyar Posta will modernize package delivery from tens of billions of forints in three years – penzcentrum.hu wrote. Hungarian Post (Magyar Posta) increases the processing and delivering of packages from...

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The rate of increase in consumer prices in the euro area slowed down in July

The rate of increase in consumer prices in the euro area slowed to one percent in July. The European Union Bureau of Statistics (Eurostat) announced on Monday that consumer prices...

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British convenience foods are the healthiest

According to a global survey of more than four hundred thousand convenience foods surveyed in 12 countries around the world, prepared, semi-finished and finished products made in the UK contain...

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Self-driving small cars ship goods purchased online in East China

Self-driving fifth-generation (5G) technology cars have been deployed in eastern China to streamline online orders, according to an article published on Monday in the China Daily website. Nearly half a...

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Alibaba postpones its share issue

China’s largest e-commerce company, Alibaba Group, is postponing its planned issuance of shares to Hong Kong amid rising political tensions over the Asian financial center – insiders told Reuters news...

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Palastic sushi attracts guests in Japan

Most of the restaurants in Japan have plastic food models of many of their dishes outside the restaurant or in their windows. There are some incredible models which look convincing...

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The irrigated area in Hungary should be fivefolded

To keep competitiveness of Hungarian plant production, the irrigated area in Hungary should be increased fivefold. Currently there is 100 thousand hectares of irrigated area in Hungary. According to Ligetvári...

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Magazine: Familiar flavours, new looks

Both sausage and salami sales increased in 2018: 1.4 percent more sausage and 1.5 percent more salami were sold than in 2017. Value-wise sausage sales were up 6.5 percent and...

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Felismerni a fontos és győztes kategóriákat

„Az eladáshelyi marketing forradalma” című nemzetközi sikert aratott könyv társszerzője, Toby Desforges angol kereskedelmi szakértő Közép-Európában először tartott előadást a szlovák kereskedelmi kongresszuson néhány hete, amelyről előző számunkban tudósítottunk. A...

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Spar Austria is now ahead of its Germans competitors

Spar Austria has a stable second position in the top 5 ranking of grocery retailers. LZ Retailytics forecasts that Spar will continue the dynamic growth....

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International food prices are slowly decreasing

On 1 August the Food and Agriculture Organisation (FAO) of the United Nations reported that in July the price index of the most important produce sold in international trade had...

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Optimistic statistics, pessimistic expectations

Data from April and May indicates that a slowdown occurred in the Hungarian economy in the second quarter, in comparison with the first quarter of 2019. However, the loss of...

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