Market News

Magosz: more than 600 tons of wheat was gathered last year within the Bread of the Hungarians program

Over 600 tons of wheat was collected in the framework of the Bread of the Hungarians program – Jakab István, president of the Hungarian Farmers Association (MAGOSZ) told M1 news...

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K&H: the popularity of cash deposit ATMs increases

Cash deposit machines (ATMs) and automated cash registers are gaining popularity at K&H Bank. Rajna Gábor Sales Director at K & H Bank said at a press conference on Wednesday...

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How to choose the ideal watermelon at the time of purchase?

The NÉBIH collected what you should pay attention to when buying a watermelon – origo wrote. Finding the maturity of watermelon though requires some expertise, but not during the purchase,...

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Forty-five billion forints are waiting for the SMEs

The 45 billion HUF call for market-driven research and development and innovation projects will soon be launched – piacesprofit.hu wrote. The National Agency for Research, Development and Innovation, which offers...

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Foreign online stores are becoming increasingly competitive

Increasing purchases from foreign webshops poses a huge challenge to domestic e-commerce businesses and the economy. It is becoming increasingly difficult to be successful in the accelerating market – piacesprofit.hu...

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470 electric filling stations have been installed in Hungary

The number of electric filling stations in Hungary has been steadily expanding. The Hungarian Energy and Public Utility Regulatory Authority (MEKH) has issued a permit for the establishment of 844...

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The UK Food System needs a radical reform

The real cost of mass-produced, cheap and unhealthy food is the public health crisis and environmental degradation – the RSA British committee dealing with growing societal problems reported – privatbankar.hu...

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Euro area inflation has increased

In June, The European Union’s Statistical Office, the Eurostat reported on Wednesday that contrary to expectations, euro area inflation increased. In the euro area, inflation increased by 1.3 percent in...

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In June, retail sales increased more than expected in the United States

In June, retail sales in the United States were above market expectations, according to a report published on Tuesday by the Census Bureau of the Washington Department of Commerce. In...

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Hungarians are spending more and more, but traders are in a difficult situation

Payments are rising throughout the country. As a side effect a 10 percent increase in retail sales occured in 2018, compared to the previous year, according to the data of...

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“Today I also ate bananas because they were saved.”

In the first half of the year, the Hungarian Food Bank Association distributed more than 1,250,000 food packages. The amount of food surplus collected by the Food Bank continues to...

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Milk Product Council: the price of raw milk is in a narrow range for two and a half years

The objective of the Milk Interprofessional Organization and Product Council is to develop the Hungarian dairy sector, to ensure the effective operation of the Hungarian dairy operators, to protect the...

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AM: the European Commission also supports the Hungarian steps for long-term livestock transport

The European Commission also supports the Hungarian measures for long-term livestock transport. Hungary, like last year, has banned the launch of long-term consignments of ruminant animals from Hungary to Turkey...

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This year, the freight carrier CER private railway expects to grow strongly

The Central European Railway (CER) Hungarian Private Railway Company delivered 2.3 million tonnes of goods in the first five months of 2019. Dynamic, double-digit growth is expected for this year...

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Some edible insects are rich in antioxidants like fresh orange juice

The antioxidant level of edible insects was measured by a study for the first time, and as it turned out, grasshoppers and silkworms contain as many antioxidants as fresh orange...

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PC sales have grown

In the second quarter, 64,858 million PCs were sold worldwide, 4.7 percent more than the 61,931 million PCs sold in the previous year. According to the US International Data Corporation...

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Regional research by Mastercard

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KSH: the increase in agricultural producer prices slowed down in May

The annual increase in crop production prices decreased to 3.5 percent in May, from the 6.8 percent of April. While the increase in prices for live animals and animal products...

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Concordia Közraktár Zrt.: crop may have medium quality this year

The arable sector is expected to have a medium-quality year, the rape yield became weaker than last year’s, there were worse batches of barley, the wheat crop was good despite...

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The NAK expects sixty thousand tons of sour cherries

About twenty thousand tons of this year’s sour cherry produced in Hungary are exported to the domestic market, and the rest is exported to Germany – Mártonffy Béla, president of...

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Credit card users spend an average of 52 thousand forints a month

Debit card users spend an average of 32 thousand forints per month and credit card users spend 52 thousand forints – origo wrote, after K&H Bank. Domestic payment card purchases...

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PM: more and more Hungarian companies enter the US market

Relations between Hungary and the United States are more successful in the field of economy and finance, more and more Hungarian companies are entering the US markets – Varga Mihály,...

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Application decision-making has risen in GINOP programs

After a few dozen new winners in June, nearly 300 companies have won a total of several billions of forints in EU economic development tenders in July, mainly for on-the-job...

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The Amazon Prime Day competes with the Black Friday

This year, the US Amazon Prime Day, which is the annual discount that is so popular that it is rivaling the Black Friday as well as Cyber Monday takes place...

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Fresh domestic watermelon to arrive

Domestic, high-quality, fresh watermelons will be available all over the country from the beginning of next week – the National Agricultural Chamber’s (NAK) panorama reveals. The Hungarian melon growers have...

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Green harvesting application was submitted for only less than 8 percent of the vineyards

Grape producers applied for a grape and wine surplus market claim until 11 June to the Hungarian State Treasury (MÁK), for less than 8 percent of the vineyards for about...

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Where chocolate tasting is a requirement toward students

You can learn about chocolate, coffee and tea production on professional level at the Szent István University’s Faculty of Food Sciences at the Chocolate, Coffee and Tea Maker Masters Course...

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The market in Pécs was renovated from nearly 600 million forints

On Friday, the renovated buildings and public areas of the market in Pécs were handed over. The buildings were renovated from 580 million forints. As part of the project, the...

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Excise tax on cigarettes will increase

The excise tax rate on cigarettes rises to the EU level in three steps and the operation of sports properties becomes more favorable after the Parliament has adopted the necessary...

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Magazine: Fuel cards: Help in the palm of your hand

The fuel cards of filling station chains are very popular. Why? Because the service offers tailor-made advantages, lower costs, transparency, safety and cashless payment.   MOL cards can be personalised,...

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