Market News
Poultry meat export gains momentum
Date: 2019-05-15 07:18:04
According to the Research Institute of Agricultural Economics (AKI), in April the European Commission published a short-term forecast that says: in 2019 the EU’s beef production will represent a volume...
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Chamber of Agriculture: the Hungarian food industry supplies more than ten million people
Date: 2019-05-14 11:50:46
Currently, the Hungarian food industry is serving more than ten million people, but with technological and other developments, it could provide reliable, healthy food to as many as twenty million...
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Corns are tested at ten places
Date: 2019-05-14 11:30:25
The post-registration trial of maize of the Seed Association Interprofessional Organization and Product Board, the National Association of Cereal Producers and the National Agrarian Chamber of Agriculture has been launched...
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Nagy István: we need to keep the level of EU agricultural subsidies
Date: 2019-05-14 11:20:49
In order to maintain the current level of subsidies, the right framework and simple conditions are needed in the European Union’s agricultural policy – Nagy István, Minister of Agriculture said...
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Hungarians eat breakfast too fast
Date: 2019-05-14 11:17:54
Breakfast is especially important for the Hungarians, but the lack of time characterizes their everyday lives. This means, on the one hand, that most families can spend much less time...
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VAT on organic food was reduced to five percent in Romania
Date: 2019-05-14 11:00:01
In Romania, the minimum VAT rate on food products classified as traditional products and organic foods and on traditional non-alcoholic beverages is reduced to 5 percent. According to Prime Minister...
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Huge growth about the corner when it comes to e-commerce
Date: 2019-05-14 10:14:25
Change is upon us, and it’s time to embrace it. We’re all on the hunt for every growth opportunity abound in our industry, but finding them requires a scientific guide...
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CEO confidence in growth dips dramatically
Date: 2019-05-14 09:52:19
What a difference a year makes. Nearly 30% of business leaders believe that global economic growth will decline in the next 12 months, approximately six times the level of 5%...
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Magazine: More days, more sausages
Date: 2019-05-14 07:58:14
Zoltán Szántó, senior product manager of PICK Szeged Zrt. told Trade magazine that the two biggest segments in the grill product market are grill sausages and meat prepared for the...
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MNB: the six month increase of core inflation stopped in April
Date: 2019-05-13 11:40:12
Seasonally adjusted annual core inflation remained unchanged in April, remained 3.8 percent as in the previous month, hence the increase of the indicator lasted for more than half a year...
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AM: 8.6 billion support HUF for breeding sows this year
Date: 2019-05-13 11:38:48
In 2019, the government earmarked 8.6 billion forints for breeding sows and 10.5 billion forints for animal welfare in the budget – Nagy István, Minister of Agriculture said on Monday...
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Mazars: investors consider Central and Eastern Europe as a reliable target
Date: 2019-05-13 11:25:09
Central and Eastern Europe is an attractive investment area in a global comparison, with Hungary closing a successful year in terms of transaction value – according to Mazars’ investment report....
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ITM: decisive steps are needed to reduce disposable plastic products
Date: 2019-05-13 11:08:05
Decisive steps are needed to curb the use of disposable plastic products – the Ministry of Innovation and Technology (ITM) told MTI. The ministry emphasizes in its statement that they...
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NAV detected an illegal tobacco factory in Szabolcs county
Date: 2019-05-13 11:02:57
Industry-scale manufactured, cut and dried tobacco products worth 25 million HUF were found in the illegally operating tobacco plant in one of the towns of Szabolcs, by the financial investigators...
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Magazine: Practicality is more important than product looks
Date: 2019-05-13 07:00:46
According to Réka Forgách, Essity Hungary Kft.’s Zewa brand manager, sales of household towels grew by 9.5 percent in 2018. Private label products are important in the paper towel category,...
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This year’s beer season started with premium beers
Date: 2019-05-10 11:58:45
The Hungarian Beer Manufacturers Association and the Kraft Beer Association officially launched the 2019 beer season. Beer consumption has renaissance in our country. According to last year’s report, 70,000 hectoliters...
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In one year the price of potatoes and vegetables increased significantly
Date: 2019-05-10 11:52:14
Portfolio.hu looked at the inflation data of the Central Statistical Office (KSH) in March, highlighting the sharp rise in food prices. In the consumer basket of KSH, foods have a...
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IKSZ: the population collects beverage cartons with renewed vigor
Date: 2019-05-10 11:51:32
The population selects beverage cartons with a renewed momentum. Following the stagnating results of recent years, the recollection of carton boxes of dairy and fruit soup which is a valuable...
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Nearly half of the Hungarians are willing to pay more for environmentally friendly services
Date: 2019-05-10 11:29:16
42 percent of Hungarians say that they are willing to pay more for eco-friendly products, most of them up to 10-30 percent more than for a traditional product. Although the...
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NAV detected a tax evading vegetable dealer network
Date: 2019-05-10 11:10:11
The criminal organization dealing with vegetable trade caused more than six hundred million forints damage to the budget – the press officer of the Central Transdanubian Criminal Directorate of the...
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IT company directors lead the way in going digital
Date: 2019-05-10 10:19:11
Switching to digital technology requires drastic changes not only in the systems customers get in touch with directly, but also in the domains of support technologies, the culture of informatics,...
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The Lactalis dairy producer increased its market share in Romania
Date: 2019-05-10 09:02:38
The Lactalis dairy producer increased its market share in Romania. The company bought the Covalact firm from the US investor SigmaBleyzer – the Ziarul Financiar economic and financial newspaper reported...
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KSH: consumer prices increased by 3.9 percent in April
Date: 2019-05-09 11:40:31
In April, consumer prices were on average 3.9 percent higher than a year before, with prices rising 0.9 percent on average in March – the Central Statistical Office (KSH) announced...
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Palvin Barbi, the beers of the Hungarian small breweries and the glassy packaging are the most wanted
Date: 2019-05-09 11:38:07
Hungarians like to drink beer anywhere, anytime, because of the taste and the good company – the survey of Beerbox revealed. Only one is a woman out of ten regular...
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Survey on the state of the digitization of the food industry
Date: 2019-05-09 11:31:01
The mapping of the digitization situation of the domestic food industry companies is taking place. The survey can be completed until 17 May, 2019, and the results can contribute to...
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The government supports animal husbandry
Date: 2019-05-09 11:30:14
Livestock farmers can rely on the help of the government and the Ministry of Agriculture – the Parliamentary Minister of State of the Ministry of Agriculture told in Hódmezővásárhely. Farkas...
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The NAK melon working group was established
Date: 2019-05-09 11:28:58
Several tasks and goals have been set by the National Chamber of Agrarian Economics, a newly formed working group of melon-growing members. Among other things, they support this year’s campaign...
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NMHH: the share of advertisings promote domestic products and services is low
Date: 2019-05-09 11:25:57
There is still very little television advertising to promote domestic products and services, but the accessibility of TV shows remains at 99.9 percent – the National Media and Communications Authority...
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KSH: 677 million euros export surplus in March
Date: 2019-05-09 11:20:31
In March, the value of commodity exports in euro rose by 4.9 percent and imports by 5.6 percent, compared to the same period of last year. The commodity turnover surplus...
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