Market News
KSH: the number of employees has increased
In February-April this year, the average number of employees was 4 million 492 thousand, 47 thousand more than a year before. The employment rate of 15-64 year-olds increased with 1.0...
Read moreAgricultural Research Center: precision technologies in agriculture represent hundreds of billions of reserves
The annual output of Hungarian agriculture can be increased by 300-350 billion forints annually (10-15 percent) by using a wide range of precision technologies – Gyuricza Csaba, Director General of...
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Rapidly expanding German market
According to forecasts, by 2021 the German food market will be worth EUR 259 billion as the sector is expanding by 10.5 percent a year. IGD’s analysis has revealed that...
Read moreStrawberries are expensive
Although the strwberry season started well in the middle of April, the cool weather slowed the ripening of the fruit, and the prices are also higher than usual – Világgazdaság...
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FruitVeB: special attention has to be paid to the protection of vegetables and orchards due to the rainy weather
The amount of rain that has fallen in the previous days has been good for both vegetables and fruits, and helped their growth, but the cool and rainy weather favors...
Read moreMazars: the collection of consumption taxes to be tightened in the CEE region
Consumption-type taxes remain the most important, and therefore their collection to be tightened in the Central and Eastern Europe region, and recovery in Hungary is sufficiently effective – Mazars International...
Read moreThe tobacco product tracking system was put into operation before the EU deadline
Hungary fulfilled its EU tobacco product monitoring obligation before the deadline. The ND National Tobacco Trade Nonprofit Zrt. fully implemented the identification and registration of all actors in the sales...
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Vocational training can be the solution to regional inequalities
Increasing world-wide employment would give room for faster development, but regional disparities deter countries from achieving their goals – according to the recently published OECD study conducted with the assistance...
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The eMAG became Hungary’s largest online store in 2018
The eMAG became the largest webshop in Hungary, followed by Extreme Digital on second and Media Markt on third in 2018 – GKI Digital told MTI on Tuesday. After four...
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The NAV seized counterfeit perfumes in a value of forty-five million forints
The National Tax and Customs Office (NAV) seized counterfeit perfumes in a value of forty-five million forints when checking a Slovak truck in Budapest. NAV wrote to MTI on Tuesday...
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The economic climate in the euro area improved slightly in May
In the euro area, economic sentiment has improved in May, and the economic sentiment in the EU as a whole has been more subdued, according to a survey published by...
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Home delivery is a new breakthrough for retail
The pizza delivery services, the Internet menu delivery have long been a common thing, but today most of the grocery stores have launched their online ordering interface. Recently, the delivery...
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Now or never, we must respond to the situation in agriculture
The development of effective size economies is the key to the sustainable development of Hungarian agriculture. The older farmer generation sees this as a problem to be solved in the...
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The Agroverzum Science Experience Center has been opened
Agricultural research in Martonvásár is not about the ambition of the researchers, but about us and tomorrow’s bread – Áder János President of Hungary said after he handed over the...
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Nébih: companiesl have to prepare the 2019 food chain monitoring fee return by 31 May
This year, the participants of the food chain, including animal husbandry and plant breeders, food producers and distributors, as well as public caterers, will be able to prepare their food...
Read moreThe EU would encourage global e-commerce
The European Union (EU) seeks to introduce international rules that would encourage global e-commerce, making it easier for businesses in the sector – especially for small and medium-sized enterprises (SMEs)...
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The green wave has also reached the domestic fashion industry
Hungarians are interested in sustainable fashion and domestic brands, but they have little information about them – mmonline.hu quotes GLAMI’s second Fashion (Re)search research. Most people are looking for environmentally...
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Nagy István: greenhouse is a serious resource for domestic vegetable production
Greenhouse is a serious resource for domestic vegetable production, and through the Rural Development Program and other subsidies, nearly ninety-one hectares of greenhouses will be built by the end of...
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A promotional campaign is launched to promote rabbit meat
The campaign to stimulate the consumption of rabbit meat organized by the Ministry of Agriculture (AM), the Agrarian Marketing Center (AMC) and the Rabbit Inter-Trade Organization and Product Council was...
Read moreChina is Hungary’s most important non-European foreign trade partner
China is Hungary’s most important non-European foreign trade partner. According to the estimates of the Ministry of Foreign Affairs in 2018 foreign trade between the two countries was close to...
Read moreITM: successful Hungarian stand for domestic carriers
The firm action of the Hungarian delegation prevented the increase of the quota of carriers from countries outside the European Union at the Annual Transport Summit of the International Transport...
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Israeli scientists brewed beer from five thousand years old yeast
Israeli scientists brewed beer from five thousand years old dried yeast residues, found by archaeologists in pots – The Jerusalem Post reported. The relatively low alcohol content beer was a...
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Magazine: Fewer holes in the cheese market
The cheese market became a bit less hectic last year: the price of milk didn’t change as often as before. Thanks to the rather constant cheese prices, consumer demand was...
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The development of Etele Plaza and Budapest ONE reached a milestone
The realization of South Buda’s future commercial and business driving force, Etele Plaza and Budapest ONE office park entered into the next phase. The Futureal Group will soon be ready...
Read moreThe loan portfolio of agricultural enterprises grew
According to a research, the loan portfolio of agricultural holdings of agri-food enterprises grew by 0.57 percent, compared to the end of the last quarter of 2018, while compared to...
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More than 10,000 children receive a candy package on children’s day
The last Sunday of May is a children’s day, and the Hungarian Food Bank Association is preparing a special competition for this event. Not all children are fortunate enough to...
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MNB: the shock resilience ability of the Hungarian banking system remains strong
The shock resilience of the Hungarian banking system remains strong, and the institutions of the domestic banking system would meet regulatory expectations even in the event of a significant negative...
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Parents spend 2-6 thousand forints on toys on children’s day
Hungarian parents spend 2-6 thousand forints on toys and games on children’s day. Most of them buy outdoor or development toys and sports equipment – according to the survey sent...
Read moreThe German business sentiment has deteriorated
In May, the German business sentiment index of the Ifo Institute for Economic Research of the University of Munich deteriorated with a greater extent than expected. According to a survey...
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