Market News
AM Minister of State: it is important to transfer technological knowledge to the agricultural operators
In order to increase competitiveness, it is important that the technological know-how to be available in different agricultural research and educational institutions for agricultural operators, including agricultural entrepreneurs, Feldman Zsolt,...
Read moreThe consumer sentiment has fallen in the United States
The Consumer Sentiment Index of the US Michigan University became worse than expected in November. In November, the Consumer Sentiment Index of the US Michigan University dropped to 97.5 points...
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Growth in life expectancy has slowed in the EU
Life expectancy in the European Union is one of the highest in the world, but the continued growth in life expectancy has slowed down and there are still significant differences...
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Magazine: Great opportunities for the small ones
Erik Vágyi, sales director of Nielsen gave an insight into how things are in two retail channels at the Business Days conference in Tapolca, in September. He revealed that in...
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Poultry meat will be more expensive next year
It’s good news for consumers that festive dinner for this Christmas will not be more expensive, and the prices of poultry meat and preparations do not generally increase. The bad...
Read moreCoffee prices increased significantly
Arabian coffee prices rose 7.2 percent in one week in the US commodity market for the March deadline – Világgazdaság Online wrote. According to the data of Investing.com; yesterday, the...
Read moreNagy István: application for subsidies should be easy in the new CAP
Hungary will only support a new common agricultural policy (CAP), which makes the application and payment of subsidies easy for both farmers and Member States’ organizations – Nagy István Minister...
Read moreThe authorities of the region have been negotiating about the fight against counterfeit pesticides
In the spirit of counteracting the trade of counterfeit and illegal pesticides, the Taxation, Customs and Plant Protection Authorities of the Visegrád countries have been negotiating for the third time...
Read moreThe OECD indicates a slowdown in world economic growth
The Organization for Economic Co-operation and Development (OECD) indicates the slowdown in world economic growth in the next two years in its Progress Report published on Wednesday. The main driver...
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Hungarian-Ghana relations are on the rise
Hungary looks to be a special partner for Ghana and is proud of the fact that professional and diplomatic relations are on the rise – the Parliamentary Minister of State...
Read moreAfrican swine fever: so far the Romanian authorities killed 360,000 pigs
The Veterinary and Food Safety Officers of Romania have detected the pathogens of African swine fever in other Bihar settlements – the Agerpres news agency told on Monday. The Bihar...
Read more(HU) IFS & Élelmiszer-IPAR 4.0 Konferencia (2018. november 30.)
Sorry, this entry is only available in HU....
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Magazine: Growing popularity of juices with fruity bits
According to Réka Soós, category and innovation manager of Sió-Eckes Kft., in the first half of 2018 sales in the Hungarian fruit juice market jumped more than 10 percent...
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Environmental protection product fee: a raise would be exaggerated and disproportionate
At the end of September a draft of a planned amendment to the environmental protection product fee law appeared on the government’s website. According to this, from January 2019 the...
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The best stores honoured for the fourth time
The jury selected the winners of the SuperStore 2018 competition in 15 categories. This prize rewards points of sale created with the most innovative concept, honouring those solutions which meet...
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Hungarian packaging designers are among the best in the world
Miklós Nagy, secretary general of the Hungarian Association of Packaging and Materials Handling (CSAOSZ) told our magazine that packaging use had increased a little – but less than the 4-percent...
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Oilseeds dried in Nak
An agricultural logistics centre has been built in Nak with HUF 110 million provided by the Territorial and Settlement Development Operational Programme, where oilseeds are going to be processed. The...
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Special government support for the market entry of food products
Since 2014 the government has financed the food industry with HUF 230 billion from both national and EU sources. Thanks to this the level of investment increased and more processed...
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First Hungarian self-checkout system gets the green light
Laurel has been given the authorisation to market LAURA-SSC, the first self-checkout system developed by a Hungarian company. The new system runs the Laurel cash register software – which is...
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From the top online FMCG retail markets 4 will be European by 2023
According to IGD, calculating with a 20-percent annual growth, by 2023 the world’s top 10 online FMCG retail markets will produce a value of EUR 200 billion – and 4...
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Less optimistic Hungarian SMEs
According to K&H’s latest SME confidence index, small and medium-sized Hungarian businesses were 10 points less optimistic in the 3rd quarter of 2018 – the index was at 7 points....
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Cofidis: we are prepared for the Black Friday, but we do not build the castle of gifts
The Black Friday is strongly linked to Christmas: 83 percent of those, who participate in the action plan to buy Christmas gifts at that time. 40 percent of the total...
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Geo-blocking has entered into force! What shall we pay attention to?
On 3 December the EU’s Geo-blocking Regulation entered into force: it addresses unjustified online sales discrimination based on customers’ nationality, place of residence or place of establishment within the internal...
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Prices were up nearly 5 percent
In October 2018 consumer prices were 3.8 percent higher on average than a year before. In comparison with October 2017, food prices increased by 4.6 percent. Seasonal product prices (potatoes,...
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Augmented reality in retail
Kosárérték.hu Magazin has analysed how augmented reality (AR) and virtual reality (VR) can be used in retail. According to Ákos Ződi, the owner of Szeged-based company CreatIT Solutions, in the...
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Rapid growth this year, slowing down next year
While most forecasts say growth is going to be at 4-4.5 percent this year, for next year experts foresee a 3-3.5 percent growth – with the exception of the Hungarian...
Read moreTesco extends the application period for its community-building application
Tesco extends the application period for its community-building application, the “You choose, We Help” program until 23 November 2018. For the program of Tesco, such charitable organizations and informal companies...
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New support for the organic farmers
There is no time for delay: “The Switch to Organic Farming, the Maintenance of Organic Farming” application has been published. The deadline for submission is very close: the electronic support...
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The Hungarian Food Bank organizes Christmas Fundraising between 23-25 November in more than 200 stores
The Hungarian Food Bank organizes organizes traditional Christmas Fundraising again in 2018. The food donations of the population are expected in more than 200 stores in nearly 120 settlements across...
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Billion HUF traffic is expected on the toy market this Christmas
Half of the nearly 45 billion HUF toy/game market is realized during this Christmas season, when Hungarian families spend an average of 6800 HUF for store shopping and 8300 HUF...
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