Market News
The product board would help the consumption of poultry meat with a marketing campaign
Date: 2019-01-28 11:55:14
Hungary’s poultry exports increased by twenty percent, compared to last year’s same period – Magyar Hírlap wrote. Csorbai Attila, Director of the Poultry Product Council, said that it would also...
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Large companies start the year with confidence
Date: 2019-01-28 11:45:07
Companies are optimistic about 2019 – this is shown by the K&H corporate growth index, which has broken the downward trend of the past year and is now standing at...
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Pork export can be restarted to Singapore
Date: 2019-01-28 11:28:54
Due to African swine fever cases, the full delivery was interrupted, but thanks to the new agreement, only infected areas are now banned – mfor.hu wrote. Thanks to an agreement...
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The Hungarian Post handled a record number of packages
Date: 2019-01-28 11:25:10
Last year, Magyar Posta handled over 41 million packages, of which 30 percent in the fourth quarter. Since the commitments made before the holidays were fulfilled, the number of complaints...
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Uncertainty on the cereal market
Date: 2019-01-28 11:21:36
The price of vegetable oils and milk fats decreased in the past two to three months, while grain prices are stagnant, after last year’s growth, and the price depends on...
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The key to Hungarian competitiveness is better innovation performance
Date: 2019-01-28 11:12:44
The key to Hungarian competitiveness is better innovation performance – Palkovics László, Minister of Innovation and Technology said in Budapest. At the signing of the strategic cooperation between Magyar Telekom...
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Retail alliance: Brexit without agreement may cause food shortages and price increases
Date: 2019-01-28 11:10:55
The British Retail Federation (BRC) said it could lead to food shortages and price increases if Britain would exit the European Union without agreement. In a Monday letter from the...
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Russia’s caviar production increased with seventy percent
Date: 2019-01-28 11:07:19
Russia has increased its red and black caviar production last year – mfor.hu wrote. According to the Russian statistical office, in 2018, 22.2 thousand tons of red salmon caviars were...
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With more fruit and less sugar!
Date: 2019-01-28 10:35:02
In 2018 sales of various drinks containing fruit juice represented 11 percent of total non-alcoholic drink sales – 280 million litres in volume. More than 5 percent of this were...
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Y generation to outnumber X soon
Date: 2019-01-28 10:20:08
A huge change to come in the labor market within a couple of years: the X-generation workers currently represent the largest proportion on the labor market, but after 2025, their...
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Magazine: Germany: Will wholesale be Amazon’s next victim?
Date: 2019-01-28 07:26:09
In Germany Amazon is intensifying its efforts in the B2B channel by courting wholesalers for cooperations. The wholesale sector is experiencing consolidation and Amazon’s move can speed this up; offering...
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The net surplus of EU funds to Hungary exceeds 11 thousand billion forints
Date: 2019-01-25 11:32:32
Since joining the EU, Hungary has received more than 11,000 billion forints as EU support by 2017, as it has paid into the community – the head of the European...
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You can still apply for the “Consumer Protection Expert of the Year 2018” award
Date: 2019-01-25 11:25:13
One week and the deadline for submitting “Consumer Protection Expert of the Year 2018” award applications will be completed. For the purpose of recognizing the work of thousands of consumer...
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Bónusz Brigád reached record turnover at Christmas
Date: 2019-01-25 11:20:30
Bónusz Brigád, the largest Hungarian bonus-coupon site, has outperformed all expectations during last year’s Christmas period. In December, with a 50 million HUF rise its turnover reached a total of...
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Fitch: the growth of the Central and Eastern European EU economies is slowing down
Date: 2019-01-25 11:15:33
The cyclical growth of the Central and Eastern European EU economies is likely to have peaked last year, but will remain relatively robust over the next two years, with exceeding...
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Common Agricultural Policy resources must also be kept at their current level during the upcoming EU multiannual financial framework
Date: 2019-01-25 11:12:29
At the high-level Brussels conference on the European Union budget for the 2021-2027 period, held with the participation of the European Commission’s Vice-President and Commissioner for Budget, Minister of State...
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The number of workplace accidents continued to decline in agriculture
Date: 2019-01-25 11:06:41
The employers in agriculture reported 837 accidents at work in 2016 and 654 in 2017, and according to the preliminary data, the number of work accidents continued to decrease last...
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ITM Minister of State: 119,000 applications were received for household appliance replacement
Date: 2019-01-25 11:06:19
The home warmth household appliance replacement program has received 119,000 applications, of which 40,000 have been criticized and all have received support – Weingartner Balázs, Minister of State of the...
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Business atmosphere is at a three years nadir in Germany
Date: 2019-01-25 11:02:37
In January, the business sentiment index of the ifo economic research institute at the University of Munich in Germany fell to a three-year low. In January, the Ifo Institute for...
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Equilor expects slower economic growth
Date: 2019-01-24 11:37:55
Equilor expects a slowdown in economic growth in Hungary this year, and expects the forint to turn into a weakening path after the beginning of the year and to reach...
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The EU has brought an action against Hungary due to the restriction of retail margins
Date: 2019-01-24 11:30:30
The European Commission has brought an action against Hungary at the Court of Justice of the European Union for limited margins on the retail sale of agricultural and food products...
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The government provides tens of billions of forints for irrigation development
Date: 2019-01-24 11:29:44
The government provides additional resources of 34.8 billion HUF for the operation of water irrigation infrastructure by 2024 and 17 billion HUF annually for the development of state irrigation-related state...
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This year’s kitchen garden and pet social program was announced
Date: 2019-01-24 11:20:58
The 2019 kitchen garden and pet social land program was announced, the application can be submitted by the end of January – the Deputy Minister of State of the Ministry...
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The support documents of the home appliance replacement program to arrive until March
Date: 2019-01-24 11:12:28
Until the beginning of March, all applicants will receive the support documents for the Home Appliance Replacement subprogram of the Home Heat Program – the Minister of State of the...
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European Commission: 99 percent of intervention stocks of skimmed milk powder are sold out
Date: 2019-01-24 11:10:11
In the latest tender-based sales, 18,514 tonnes of skimmed-milk powder was sold by the European Commission through public intervention which is 99 percent of the stocks – Phil Hogan, Commissioner...
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Magazine: Discount supermarkets are flourishing even in the hardest markets
Date: 2019-01-24 07:11:15
By opening new stores and increasing their share in people’s FMCG spending, discount supermarket chains are expanding all over Europe. Multinational discounters can compete with leading national retail chains thanks...
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PM: companies intend to increase wages by 10 percent this year
Date: 2019-01-23 11:40:03
According to the feedbacks, the companies are trying to increase their wages by around 10 percent or a little more this year – Marczinkó Zoltán, Deputy Minister of State of...
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African swine fever: Nébih launched online epidemic training for hunters
Date: 2019-01-23 11:20:10
Only those certified hunters can carry on individual and social hunting at African swine fever (ASP) infected areas who completed epidemiological training, passed a successful exam and who can now...
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NAV monitors the compliance with the online account information obligation
Date: 2019-01-23 11:10:29
From 21 January, the county (capital) directorates of the tax authority carry out audits based on risk analysis for taxpayers who are required to provide online account information and who,...
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400 food and catering companies in Spain are making their products healthier
Date: 2019-01-23 11:05:08
400 food and catering companies in Spain made a commitment to make their products healthier, reducing the sugar, fat, and salt content by an average of 10 percent – the...
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