Market News
The closed garden revitalization program will start again this year
This year, the Ministry of Agriculture (AM) announces a closed garden revitalization program. The municipal governments and their consortias may apply for a non-refundable grant within the 2 billion HUF...
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ÖRT – series of presentations for prevention
With the presentations held at advertising industry companies, the ÖRT leaders bring information on the legal and ethical issues of advertising to the first level of advertising creators. Prevention is...
Read moreBeekeeping Association: heat is bad for apiculture
Extreme heat is not conducive to apiculture because plants are blossoming for a shorter period of time, and bees have to deal with the cooling of the hive as well...
Read moreThe June Purchasing Manager Index decreased
The Purchasing Manager Index (PMI) shows a slowdown in growth, its seasonally adjusted vakue in June was 54.4 points, compared with the 57.9 points in May – the Hungarian Logistics,...
Read moreRail Cargo Hungaria is ready to transport grain exports
Rail Cargo Hungaria (RHC) is prepared for the rail transport of Hungarian grain exports, and the company estimates that this year, approximately 825 thousand tons of grain will be exported...
Read moreGerman retail sales decreased
Retail sales declined in May on the basis of a report from the German Federal Statistical Office, Destatis, compared to the previous month. In May, retail sales in Germany fell...
Read moreThe rate of rise in consumer prices slowed down in the OECD countries in May
The rate of increase in consumer prices in the member states of the Organization for Economic Co-operation and Development (OECD) slowed down in May. In May, average annual inflation in...
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Magazine: Hungarian beer drinkers are sophisticated and like trying new products
According to a survey conducted by the Association of Hungarian Brewers, in 2018 beer sales were up 1.3 percent at 6.29 million hectolitres in Hungary. The top five brewers in...
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The summer check has started
A series of summer check-ups that have been regularly organized between July 1 and August 20 have begun, with one of the top priorities being that Hungarian families get safe,...
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NAK: a good apricot harvest is expected
Countrywide, apricot harvesting is under way. According to the survey of the National Agricultural Chamber (NAK), growers expect a good harvest this year after the very bad harvest of last...
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The National Agricultural Advisory Committee was established
The National Agricultural Advisory Committee (NATAB) was set up in Parliament on Monday to inform the farmers, to facilitate administration and to inform young people about the potential of agriculture...
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The membership of MNKSZ continued to expand
In the first half of 2019, the Hungarian National Trade Association has two new major members. The Norbi Update Lowcarb and BiotechUSA dynamically growing domestic commercial networks have also voted...
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ITM: the UV filtering of all sunglasses met the consumer protection standards
The UV filtering of all sunglasses tested complied with the requirements for consumer protection control – the Ministry of Innovation and Technology (ITM) told MTI on Monday. According to the...
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Retail sales fell in May in Switzerland
Retail sales in Switzerland continued to decline in May. The Swiss Federal Statistical Office (FSO) announced on Monday that retail sales had fallen by 1.6 percent in nominal terms, compared...
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The virtual pillars of warehouses
SSI Schäfer’s experience is that in the last few years competition was getting stronger in the market of logistics service providers. It is more and more important to make the...
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Biopolymer-based packaging designs
DS Smith Packaging Hungary Kft, the Budapest University of Technology and Economics and Polifoam Plastic Processing Kft. have been granted HUF 552.21-million funding for developing a multifunctional biopolymer-based packaging system....
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Magazine: A trendy drink: smoothie
SIÓ-Eckes Kft. is the Hungarian market leader fruit juice company. They define smoothie as a product made from fruits, vegetables, purées or fruit juices, either from concentrate or not, which...
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KSH: earnings increased by 9 percent in April
In April, the average gross earnings of full-time employees reached 371,100 HUF. By excluding public employees, the increase was 381,100 HUF which is an increase of 9.0 and 7.9 percent,...
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20,000 melon and 200,000 tons of watermelon yields are expected
Around 20,000 tons of Hungarian melons are expected to be harvested in about 500 hectares of production area in the days of harvesting – was said on a press conference...
Read moreNagy István: Hungarian hop can receive production for 100 million HUF
The Ministry of Agriculture transfers 100 million HUF support for the installment of new hop plantations – the ministerial decree on the issue will soon be published – Nagy István,...
Read moreLondon analysts: the growth of EU economies in Central Europe are robust, but may slow down later
According to London financial analysts, the growth momentum of the Central and Eastern European economies was likely to remain robust in the second quarter, but due to euro area problems,...
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Beach games spin the summer game market
Typically 2-6 thousand forints are spent on beach games by Hungarian parents during the shopping, most of them are looking for water guns, rubber mattresses and standballs, according to the...
Read moreConsumer sentiment worsened in the US in June
The consumer sentiment index of the University of Michigan decreased, compared to the previous month, but became slightly better than expected in June. In June, the final value of the...
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Euro area inflation was 1.2 percent in June
The rate of inflation expected by analysts was 1.2 percent in June in the euro area, based on a report by Eurostat on Friday, based on preliminary data. In May,...
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Magazine: FMCG brands and sports: Brand building and mission (Part 3)
Szentkirályi Magyarország launched the Szentkirályi Talent Programme in 2016, giving financial support to professional athletes who can use it for buying sports equipment, going to training camps or paying competition...
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KSH: the number of employed is over 4.5 million again
The number of employees was again over 4.5 million, averaged over the March-May three-month period. Last time, the number of employees was so high in August-October last year. The number...
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Nébih: all the bitter liqueurs tested met the standards
From a food safety point of view, every bitter liqueur was in compliance with the requirements of the National Food Chain Safety Authority (Nébih). The authority had to take action...
Read moreAM: good harvest is expected
Harvest has begun with harvesting autumn barley. The preliminary estimates suggest that, despite weather conditions, over-than-average yields of 7.7 million tons of field crops are expected from 1.6 million hectares...
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The World Sustainability Organization is launching an information campaign in Hungary
One of the world’s leading sustainable water and agricultural certificates already helps Hungarian food companies to match market needs with environmental protection. The World Sustainability Organization (WSO) today announced that...
Read moreThe Ministry of Agriculture is waiting for beekeepers to report cases of bee destruction
The Ministry of Agriculture (AM) has asked the beekeepers to report the death of bees immediately on the Green Line of the Food Chain Authority (Nébih) (06-80 / 263-244) for...
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