Market News
The Amazon Prime Day competes with the Black Friday
This year, the US Amazon Prime Day, which is the annual discount that is so popular that it is rivaling the Black Friday as well as Cyber Monday takes place...
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Fresh domestic watermelon to arrive
Domestic, high-quality, fresh watermelons will be available all over the country from the beginning of next week – the National Agricultural Chamber’s (NAK) panorama reveals. The Hungarian melon growers have...
Read moreGreen harvesting application was submitted for only less than 8 percent of the vineyards
Grape producers applied for a grape and wine surplus market claim until 11 June to the Hungarian State Treasury (MÁK), for less than 8 percent of the vineyards for about...
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Where chocolate tasting is a requirement toward students
You can learn about chocolate, coffee and tea production on professional level at the Szent István University’s Faculty of Food Sciences at the Chocolate, Coffee and Tea Maker Masters Course...
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The market in Pécs was renovated from nearly 600 million forints
On Friday, the renovated buildings and public areas of the market in Pécs were handed over. The buildings were renovated from 580 million forints. As part of the project, the...
Read moreExcise tax on cigarettes will increase
The excise tax rate on cigarettes rises to the EU level in three steps and the operation of sports properties becomes more favorable after the Parliament has adopted the necessary...
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Magazine: Fuel cards: Help in the palm of your hand
The fuel cards of filling station chains are very popular. Why? Because the service offers tailor-made advantages, lower costs, transparency, safety and cashless payment. MOL cards can be personalised,...
Read moreNAK: sweet corn harvest may start next week
If weather allows, harvesting of sweet corn can begin next week. An average of 500 – 600 thousand tonnes are grown annually in Hungary on an average of 30-34,000 hectares...
Read moreThe barley harvest to be finished soon
90 percent of the 218,000 hectares of arable land of autumn barley has been harvested, and although the yield of 5.5 tonnes per hectare is slightly below last year’s level,...
Read moreSeasonal work attracts department store workers
In addition to the general shortage of labor in the stores, the summer seasonal job opportunities drain the trade workers because they can earn more money in tourist jobs and...
Read moreAnalysts expect annual inflation of around 3.5 percent
This year, analysts interviewed by MTI are expecting 3.3-3.5 percent inflation based on the latest KSH data and do not expect significant monetary tightening from the central bank in 2019....
Read moreThe European Commission has further improved its growth forecast for Hungary
This year’s economic growth forecast for Hungary has been improved further – the European Commission published its summer forecast on Wednesday. Experts from the Brussels-based Economic and Financial Directorate-General (Ecfin)...
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The top list of the domestic Instagram brand pages with the most followers was released
Launched in May, the iStory.com website once again published the top list of domestic Instagram brand pages with the most followers. For the first time, a survey was conducted to...
Read moreThe agricultural chamber updated its irrigation guide
The National Agrarian Economy Chamber (NAK) updated its guide to watering licensing procedures for irrigation, making it more transparent for the administration – the NAK announced on Wednesday. The Guide...
Read moreDeloitte: the summer tax package may bring significant relief to exporters outside the EU
The summer tax package for exporters outside the European Union can bring significant administrative simplification – Deloitte points out. The advisory firm outlines in its announcement that at the moment,...
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EU court: Internet merchants do not necessarily have to provide a telephone number for the consumers
Electronic commerce platforms such as Amazon do not always have to provide a telephone number prior to the conclusion of a contract, but there is a communication channel that allows...
Read moreKPMG: international executives worry the most about climate change
Managers of global large companies consider climate change to be the most serious challenge in the years to come, but they do not worry about an economic crisis – according...
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Nestlé launches 100% recycled plastic bottle in Belgium
It’s a first for Valvert, our Belgian natural mineral water, and a European first for Nestlé Waters. A sustainable water in a more sustainable bottle: Valvert launches today its new...
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GEFCO acquires Chronotruck to take digitalization to the next level for shippers and carriers
GEFCO Group announced today the acquisition of Chronotruck, a company that connects shippers and carriers through an innovative digital platform. This acquisition supports GEFCO’s strategy of leveraging new technologies to...
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Magazine: Tracking: Credible data at every moment
It is an everyday phenomenon with logistics and parcel delivery companies that companies are unabele to keep track of delays. WebEye Telematics Zrt. has developed a system that increases efficiency...
Read moreKSH: the price of alcoholic beverages, tobacco and food products is at the forefront in inflation
Consumer prices were on average 3.4 percent higher in June than a year before. Compared with May an average of 0.2 percent decrese in prices occured – the Central Statistical...
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More than a million people saw the Choose Domestic! video
The community pages of Hungarian Product Trademark Users have also benefited from the Choose Domestic! campaign. 1.2 million people watched the video on Youtube by the end of June. The...
Read moreExports grew stronger than imports
In May this year, a surplus of 678 million euros was recorded for product and foreign trade, 285 million euros more than in May of the previous year, the Central...
Read moreAverage yield is expected in Jász-Nagykun-Szolnok county
Average yields are expected in autumn sowing crops, which are the largest part of the sowing area, in Jász-Nagykun-Szolnok county – the county president of the National Agricultural Chamber (NAK)...
Read moreThe growth of retail sales decreased in the Czech Republic in May
In May, the retail sales growth in the Czech Republic dropped to 2.7 percent, while rose by 6.9 percent in April – the Czech Statistical Office announced on Tuesday in...
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Nébih: Fressnapf calls contaminated dog food back
Fressnapf calls back dog food contaminated with salmonella – the National Food Chain Safety Office (Nébih) told referring to the chain store. According to the information published on the Nébih...
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Magazine: Technology brings major transformation to the Hungarian financial services market
At the end of April more than 400 experts gathered at the FinTechShow conference, where Hungary’s fintech strategy and the fintech programme of the Central Bank of Hungary (MNB) were...
Read moreAnalysts: growth in retail sales is lower than expected
The slower than expected retail sales of May surprised the analysts. Most of them expect further downturns in the second half of the year, compared to what they saw in...
Read moreThere is plenty of Hungarian grain for export
Similarly to last year, five million tons of wheat production is expected in Hungary this year, and not only the supply of the country is secured, but there is also...
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