Market News
FruitVeB: this year’s vegetable crop may be similar to last year’s
According to preliminary estimates, farmers will be able to harvest on 82,000 hectares – Ledó Ferenc, president of the Hungarian Fruit and Vegetable Interbranch Organization and Product Council (FruitVeB) told...
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This year less apples than average will grow in Hungary
On the basis of the preliminary crop estimates, about 450,000 tons of apple crop are expected in Hungary this year, which is 25 percent below the average. In Hungary, the...
Read moreNew aid scheme for beekeepers
In order to make beekeeping more competitive and to maintain the health of bee populations, the Ministry of Agriculture has developed a new support scheme for beekeepers – Magyar Nemzet...
Read moreOpten: half of the companies are less than ten years old
The survival rate of the Hungarian companies continued to deteriorate. 28 percent of the companies are terminated within five years, and 52 percent within 10 years. According to Opten, in...
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The ambassador of one of the world’s most exclusive whiskeys visited Hungary
For the first time in July this year, the regional brand ambassador of Macallan, one of the most famous Scottish whiskeys, visited Budapest. Anna G. Metaxas’s performance filled the Black...
Read moreWe can already study pálinka tourism at the university
The Budapest Metropolitan University (METU) is launching a specialty in the field of pálinka tourism. The unique training prepares the participants for the Hungarian national drink, the pálinka to be...
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Controversial consumer trends battle for energy efficiency
What consumer trends are really happening today when buying technical consumer goods (TCG), such as smartphones, computers, televisions, or washing machines? Consumer attitudes observed by GfK Consumer Life®, as well...
Read moreITM: Member States opposing regulations that distort the transport market are acting unanimously
Member States opposing regulatory plans that distort EU transport market continue to act united – the Ministry of Innovation and Technology (ITM) told MTI. The six CEE Member States believe...
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E-commerce continues to gain ground in technical consumer goods markets
n the first half year of 2018 e-commerce accounted for approximately a third of the total value of technical consumer goods (TCG) sold globally to consumers. Across 18 European countries*...
Read moreBeekeeping Association: the number of beekeepers is reducing
In the past one or two years, the number of beekeepers has begun to decline as it becomes increasingly difficult to keep bees, the president of the National Hungarian Beekeeping...
Read moreWhy worth to order wine online?
We Hungarians may be less familiar in the online world: while many people overseas order wine online, we still consider supermarkets and wineries as our primary shopping destination. However, not...
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Nearly as much Chinese as American companies can be found on the Fortune 500 list
The Fortuna Global 500 list of the world’s top-selling companies has almost as many Chinese as American companies this year. In the top five hundred, the number of Chinese companies...
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Consumer confidence improved in the European Union in July
Consumer confidence in the euro area and in the European Union as a whole improved in July compared with the previous month, according to preliminary data released on Tuesday by...
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Five tips to reduce food waste
An average Hungarian throws 33 kg of food into the trash every year simply because they bought too much of certain products or stored them inadequately. Regardless of the diet...
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The EU can impose 35 billion USD, if US automotive protective tariffs come into force
The European Union is ready to impose import duties on some 35 billion USD US products if the US imposes protective duties on imports of motor vehicles and auto parts...
Read moreWWF: Earth’s annual resources will run out on Monday
World Overconsumption Day is July 29 this year: According to the Global Footprint Network, the Earth’s population will use up the planet’s annual resources on Monday. As the Hungarian organization...
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Insects for food use require a thorough food safety assessment
There is a strong desire in Europe to market edible insects and products as food – Magyar Nemzet Online wrote. This is already possible in some Member States, but only...
Read moreThe yield of cereals is quite good
Although the picture is mixed in quality, cereal grains produce better yields than previously expected. If the weather will be good, the wheat harvest will be finished by the end...
Read moreNagy István: countries with strong agriculture must act together to preserve CAP funds
The countries with traditionally strong agriculture need to act together to retain the resources of the Common Agricultural Policy (CAP) and to preserve farm-friendly, simple regulation – Agriculture Minister Nagy...
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Hungarian products are being cycled around by bloggers
What a cement plant can do to help to protect the environment? How can we reduce the amount of plastic packaging we use? How we can simply make healthy delicacies...
Read moreChinese pig import is increasing
China’s pork import increased significantly in June. Although the Asian country is the world’s leading producer of pork, the herd is decimated by swine fever – origo wrote. Beijing customs...
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Profession.hu: Hungarian workers find the number of days off in one year to be low
48 percent of Hungarian workers consider the number of days off a year to be low, which is an unfavorable change from 2014, when 40 percent of workers thought the...
Read moreThe IMF has downgraded its forecast for global GDP growth this year and for the next
The International Monetary Fund (IMF) has downgraded its forecast for growth in the world economy for this year and the next. The IMF said in its updated report (World Economic...
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Dietary foods can also contain magnesium
Foods can also bring enough magnesium into the body – Miháldy Kinga dietician said on M1 news channel on Tuesday. As she said, green vegetables and oilseeds contain a lot...
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A better quality diet results in higher levels of food waste
A better quality diet results in higher levels of food waste – US researchers have shown in their study. According to the study Americans throw 422 grams of food out...
Read moreNo new completions on the industrial market in Greater Budapest
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) sets out below its Q2 2019 industrial market snapshot. The second...
Read moreEY: Central and Eastern Europe is becoming more attractive to foreign investors
The world’s second most attractive investment target is Central-Eastern Europe – the EY international consulting firm told MTI on Monday on the basis of the European Attractiveness Survey, which focused...
Read moreBisnode: the number of operating companies is decreasing in Hungary
At the end of the second quarter of 2019, more than eight thousand less companies were operating in Hungary, compared to a year before – according to Bisnode Magyarország Kft....
Read moreHungary is getting closer to the average of the EU in Internet availability
In 2018, 83 percent of the Hungarian households had Internet access and 58 percent of people used their mobile phones to access the Internet – Világgazdaság Online wrote on the...
Read moreThere is a need for young people and conscious consumers in agriculture
We need young people and conscious consumers in agriculture – the Minister of State of the Ministry of Agriculture said in Székesfehérvár. Feldman Zsolt at the press conference of the...
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