Market News

Szijjártó Péter agreed with the Chinese Foreign Minister on a five-point development plan

Szijjártó Péter, Foreign Minister and Vang Ji, Foreign Minister of China agreed on a five-point plan for the further development of the Hungarian-Chinese relations on Saturday. After the meeting, Szijjártó...

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Package delivery increased by ten percent in the first quarter

A significant part of the packages containing goods arrive from abroad to Hungary. This year, an increase of more than 10 percent was registered in the first quarter – Magyar...

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Tons of suspicious meat was found in a truck in Békés County

The 12-ton truck loaded with meat products of unknown origin was found by NAV’s staff in Békés County – Index wrote after Beol.hu and NAV. The financial officers carried out...

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In April, the economic climate in the euro area continued to deteriorate

More than expected, the economic sentiment in the euro area declined to its lowest level in two and a half years on the basis of a statement of the European...

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Brugal 1988 arrived to Hungary

Brugal is the market-leading rum in the Dominican Republic and is now a familiar sight in bars up and down in Hungary after being taken on by Coca-Cola HBC. If...

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GKI: Good start, uncertain continuation

In the first two months of 2019, the growth rates of the most important sectors of the Hungarian economy accelerated compared to last year. However, domestic economic expectations reached their...

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Concordia Közraktár Zrt.: the profitability of grain production Is uncertain due to drought

Due to the drought, the profitability of cereal production has become uncertain this year. In addition to the expected 15 percent loss of crop, the irrigation of wheat fields has...

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FruitVeb: domestic vegetables will be cheaper from May

Home-grown vegetables will be cheaper from May, after the warm weather has accelerated the ripening of plants grown in foil and greenhouses. Cabbage, radish, early carrot, lettuce, peppers, tomatoes, snake...

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Feldman: the number of small producers has tripled

The government is doing a lot to provide more and more opportunities to the small producers. Due to these efforts, the number of small farmers has tripled since 2010 –...

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AM: the position of apple and sour cherry growers is strengthened by the compulsory purchase in the acquisition contract

The creation of predictable sales environment for apple and sour cherry farmers has a paramount importance for the Ministry of Agriculture (AM), therefore the introduction of a binding contract to...

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The price of new potatoes fell by half unexpectedly

On the 16th week the most common price of domestic new potatoes fell to 700 forints at the wholesale market of Budapest, from the 1300 forints of the 13th week...

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The bananas controlled by Nébih were in compliance with the standards

Both the safety and quality aspects and the traceability and labeling requirements were met in case of the 1 “baby”, 3 bio and 10 traditional bananas of 10 chain stores...

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The new hall of the Békásmegyer market was handed over

The new hall building of the Békásmegyer market and its underground garage, the first phase of the development of the 3rd district market and community space were realized from over...

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London analysts: the Central European EU economies are resistant to the German slowdown

London financial analysts say that EU economies in Central Europe have been resistant in recent months against the slowdown of the German economy. At the same time, the risk of...

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Employment in the European Union increased to a fifteen year peak last year

Employment in the European Union increased to a fifteen year peak last year, and thirteen of the twenty-eight Member States have reached their national target for 2020 – according to...

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The American consumer sentiment deteriorated in April

The US consumer sentiment deteriorated sharply in April – the Michigan University’s usual monthly survey reveals. The final result was published on Friday. The consumer sentiment index stood at 97.2...

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Magazine: Competition between manufacturer brands and private label products

Christoph Knoke, managing director of IRI in Germany has been interviewed by Lebensmittel Zeitung. He told: although private label (PL) products started out as the imitators of manufacturer brands, today they...

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KSH: record pice increases agricultural prices has not seen for six years

After the 8.3 percent in January, the purchase price of agricultural products increased by 7.7 percent in February than a year before, so the producer price of agricultural products rose...

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The Takarék Group and the Hungarian Animal Breeders Association extended cooperation

The Takarék Group and the Hungarian Animal Breeders Association extended cooperation (MÁSZ) renewed their cooperation agreement. According to the Communication of the Takarék Group sent to MTI on Wednesday, the...

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The analysts of Raiffeisen raised their domestic growth forecast to 3.7 percent this year

Raiffeisen Bank’s analysts raised their forecast for this year’s economic growth from 3.4 percent to 3.7 percent – Török Zoltán, chief analyst of the bank told on Thursday at a...

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The European food fraud report was published

The 2018 report of the European Food Fraud Network (EU Network for Food Fraud), which provides insight into information exchange through the Administrative Assistance and Cooperation System (AAC) was published...

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Deloitte: domestic companies rather focus on traditional factors

While domestic business leaders and owners are more focused on cost efficiency and market coverage, leaders of the international companies prefer to explore and exploit the potential of subversive technological...

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AM Minister of State: The goal is to intensify lawn management

One of the goals of the Hungarian agriculture is to increase the intensity of lawn management with the help of nutrient supply and irrigation Farkas Sándor, Parliamentary Minister of State...

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Stores ran out of domestic potatoes

Stores almost ran out of Hungarian potatoes, so they have to be imported. If we buy potatoes, it is probably French or imported from Africa – penzcentrum.hu wrote. Hungarian potatoes...

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The National Association of Food Processors has changed its name

The National Association of Food Processors (ÉFOSZ) has changed its name to the Association of Responsible Food Manufacturers (FÉSZ) – the professional organization of about 500 domestic food companies told...

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The Hungarian Product has launched a campaign

The Hungarian Product’s new “Collect and Win!” campaign was prepared by Tricky Communications. Considering the great interest of the trademark companies, the Hungarian Product Nonprofit Kft. organizes two national community...

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Ministerial Commissioner: Hungarian Agricultural Companies are increasingly successful on the Russian market

It is great that, despite the embargo, Hungarian companies are successful in Russian state tenders that allow economic cooperation with EU countries – Budai Gyula, Ministerial Commissioner of the Ministry...

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More and more bakeries and meat shops are closing in Germany

More and more bakeries and meat and butcher’s shops are closing in Germany according to the report of the National Association of Craftsmen (ZDH). According to the data of interest...

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Ifo’s German business sentiment index was weaker than expected in April

Instead of the expected modest improvement, the German business sentiment index of the ifo economic research institute at the University of Munich deteriorated in April. In April, the business sentiment...

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Hungarian start-ups reached a great result in Europe

Last year, the start-up market in Europe broke records both in the number of investments and in value – the latest EY Start-Up Barometer revealed. The proportion of capital investments...

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