Market News

The product board would help the consumption of poultry meat with a marketing campaign

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...

Read more

Large companies start the year with confidence

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...

Read more

Pork export can be restarted to Singapore

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...

Read more

The Hungarian Post handled a record number of packages

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...

Read more

Uncertainty on the cereal market

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...

Read more

The key to Hungarian competitiveness is better innovation performance

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...

Read more

Retail alliance: Brexit without agreement may cause food shortages and price increases

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...

Read more

Russia’s caviar production increased with seventy percent

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...

Read more

With more fruit and less sugar!

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...

Read more

Y generation to outnumber X soon

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...

Read more

Magazine: Germany: Will wholesale be Amazon’s next victim?

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...

Read more

The net surplus of EU funds to Hungary exceeds 11 thousand billion forints

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...

Read more

You can still apply for the “Consumer Protection Expert of the Year 2018” award

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...

Read more

Bónusz Brigád reached record turnover at Christmas

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...

Read more

Fitch: the growth of the Central and Eastern European EU economies is slowing down

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...

Read more

Common Agricultural Policy resources must also be kept at their current level during the upcoming EU multiannual financial framework

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...

Read more

The number of workplace accidents continued to decline in agriculture

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...

Read more

ITM Minister of State: 119,000 applications were received for household appliance replacement

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...

Read more

Business atmosphere is at a three years nadir in Germany

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...

Read more

Equilor expects slower economic growth

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...

Read more

The EU has brought an action against Hungary due to the restriction of retail margins

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...

Read more

The government provides tens of billions of forints for irrigation development

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...

Read more

This year’s kitchen garden and pet social program was announced

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...

Read more

The support documents of the home appliance replacement program to arrive until March

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...

Read more

European Commission: 99 percent of intervention stocks of skimmed milk powder are sold out

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...

Read more

Magazine: Discount supermarkets are flourishing even in the hardest markets

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...

Read more

PM: companies intend to increase wages by 10 percent this year

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...

Read more

African swine fever: Nébih launched online epidemic training for hunters

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...

Read more

NAV monitors the compliance with the online account information obligation

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,...

Read more

400 food and catering companies in Spain are making their products healthier

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...

Read more
Oldal