Market News
Procedure against pig diseases developed by Hungarians
A diagnostic procedure that was developed by Galen Bio Diagnostic and Biotechnology Kft. from HUF 553.87 million with EU support has been granted HUF 337.44 million from the Széchenyi 2020...
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Government efforts to make horticulture successful
Last year vegetables were grown on 3,400 hectares in Hungary: pepper was grown on 1,550 hectares, 370 hectares were used for tomato growing and salads were grown on 350 hectares...
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Priority given to developing the viticulture and winemaking sector
Currently there are more than 40,000 people living from grape growing and winemaking in Hungary. The ministry created a HUF 50-billion budget for the food and wine sectors for grants....
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More funding for seasoning pepper growers
This year the seasoning pepper sector will receive more than HUF 500 million funding, because the size of the growing area reduced from 10,000 hectares to 1,700 hectares by now....
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New marketplace is now open in Nagykőrös
The building of the new marketplace has been completed in Nagykőrös. On 1,000m² there are 31 seller’s stalls in the building that was constructed from a HUF 600-million state funding....
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This year’s ‘Consumer protection manager of the year’ awards were presented
On 21 February the award ceremony of the Consumer Protection Manager Association (FORE) was held in the main hall of Benczúr Palace. Nikoletta Keszthelyi, secretary of state at the Ministry...
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Plant-based innovations in the washing and cleaning product category
Plant-based washing and cleaning product range Seventh Generation is now available in Hungary too. The products are marketed by Unilever and they contain no synthetic fragrance, colouring, optical bleach, chlorine-based...
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Environmental recognition for L’Oréal
Once again L’Oréal has been honoured in Brussels for its actions on climate change, deforestation and water security: CDP gave the company an ‘AAA’ score for the third year in a...
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Record sales and production capacity increase at Szentkirályi-Kékkúti
Mineral water company Szentkirályi-Kékkúti Ásványvíz Kft. increased sales by 6 percent in Hungary and in the neighbouring countries last year. Compared with 2017, the company’s sales revenue was up 10...
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ÖRT’s new guide focuses on the environment
The Self-regulatory Advertising Board (ÖRT) has collected its recommendations for making advertisements that foster environmental consciousness. Ildikó Fazekas, general secretary of ÖRT told: they haven’t categorised the products, instead they...
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Mobile app for sales reps
From the 2nd quarter of the year GfK Performance Pulse will be available for television sets and mobile/smartphones in Hungary too. This digital mobile app can be used to monitor...
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Ideas for greener beer drinking
HEINEKEN Hungária has organised a competition called Throw Away the C!: they are waiting for ideas from college and university students about how to cut water use in beer production...
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NESQUIK cocoa powder launched in recyclable packaging
On 4 March Nestlé announced the launch of cocoa powder NESQUIK All Natural, which only contains five natural ingredients. What is more, the product – that is made in Szerencs...
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Lidl: focusing on health consciousness
Lidl will cut the salt and sugar content of private label products by 20 percenrt until 2025. In order to raise awareness of the discount supermarket chain’s healthe efforts, on...
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Top quality pork products on store shelves
The Bonafarm Group announced in a press release on 19 March that as result of many years of development work, the products that leave the Mohács abattoir – a strategic...
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New meat products in the spirit of purity
Hungarian Lidl stores have started selling a new, additive-, colouring- and preservative-free meat product range. The 12 Pikok Pure products are characterised by very high, 94-percent meat content and they...
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Alpro products in Danone’s portfolio
This year Danone starts distributing Alpro products in Hungary – Alpro offers plant-based drinks and foods. The Danone Group acquired US company WhiteWave, the manufacturer of Alpro, in April 2017....
Read moreOKSZ expects the revival of retail in March
Consumption growth will start in March: the more than 800 billion HUF retail sales of January will be exceeded with at least 100 billion HUF in March – Vámos György,...
Read moreKSH: consumer prices increased by 3.1 percent in February
In February, consumer prices were on average 3.1 percent higher than a year before, while the market expected 2.9 percent – the Central Statistical Office (KSH) announced on Friday. Within...
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More than 17,000 people have already signed the petition of Magosz and the Chamber of Agriculture
More than 17,000 people have signed the petition of the National Agricultural Chamber (NAK) and the Association of Hungarian Farmers (Magosz) to raise awareness of the European Union’s Common Agricultural...
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Nébih’s campaign promotes responsible animal husbandry
Responsible animal husbandry is promoted in the campaign of the National Food Chain Safety Agency (Nébih) – Pallós László, National Chief Inspector of Animal Protection at Nébih told M1 news...
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The European Investment Bank Group financed the developments in Hungary last year with 891 million euros
The European Investment Bank Group (EIB) financed the developments in Hungary last year with 891 million euros – Vice President of EIB said at a press conference in Budapest. Vazil...
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Nearly every third Hungarian company has female managers
On March 8th, today, we surprise our female acquaintances with flowers, chocolates and compliments, although this was originally the day of the women’s equality and free movement movement. Since then,...
Read moreRetail sales in Romania grew by 6.6 percent in January
In January, the volume of retail sales increased by 6.6 percent compared to the same period of the previous year – the Romanian National Statistical Institute announced on Tuesday. According...
Read moreThe volume of air freight has decreased, air passenger traffic has grown above average
According to the International Air Transport Association (IATA), air freight has reached a three-year low since the sector’s performance in January dropped by nearly 2 percent, compared to the previous...
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Magazine: With us or without us
The popularity of franchises is growing rapidly in Hungary. Katalin Mandel, general secretary of the Hungarian Franchise Association told our magazine that approximately 25-30 percent of franchise networks active in...
Read moreAnalysts: retail performed surprisingly well in January
Analysts interwieved by MTI were surprised by the growth rate of retail sales in January, but they do not count a trend change after the previous fluctuating data. This year,...
Read moreInnovation on the Hungarian Beer Market
From March, a new bridge opens that will connect the beers of small breweries and beer lovers: the Beerbox arrives to reform the sales side of the beer market. Beerbox...
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The government is helping the success of the horticultural sector
The government will do its utmost to ensure that the agricultural sector and horticulture in this area can be successful – the Minister of State of the Ministry of Agriculture...
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