Market News

Magazine: Brandformance – brand building and sales support at the highest level

MITTE Communications and ADDICT Interactive prepared a study with the participation of 36 marketing and communication managers of 32 companies from 11 sectors. According to this, branding lays the foundation for...

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Nielsen: annual turnover of sunscreens is over two billion

More than half of the adult Hungarians use sunscreen at least occasionally; one third use them only on holiday and nearly one-fifth of them when they feel the sun is...

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Mineral water and ice cream sales have jumped in the heat

Mineral water sales have tripled at several chain of stores, due to the heat wave of the last few days – Világgazdaság Online wrote. The effects of the heat wave...

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Older milk automats do not have to be connected to the NAV

The decree modified by the initiative of the National Chamber of Agriculture (NAK) can help to retain hundreds of old milk automats. Where the installment of the management system is...

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The Consumer Protection Authority has withdrawn 15 dangerous childrens toys

The Ministry of Innovation and Technology (ITM) tested more than fifty different kinds of wooden toys, inflatable water games and plastic dolls for the safety of children. The consumer protection...

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Retail sales in Germany increased more than expected

Retail sales in Germany increased much more than expected in June. According to preliminary data published by the German Federal Statistical Office (Destatis) on Tuesday, retail turnover, by eliminating price...

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The German Government plans to tighten rules on online retail

The German Government would tighten the rules of online retail sales to curb tax evasion. It is planned that the operators of the marketplaces will be responsible for making traders...

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Economic growth slowed down in the euro area

The performance of economic growth in the second quarter in the euro area has been slower than in the first quarter – according to Eurostat’s preliminary estimate. At Eurostat’s first...

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Genetic engineering can help arable crops

According to domestic experts, genetic engineering seems to be the only solution to increase the productivity and profit of arable crop production by improving crop yields – agrarszektor.hu wrote. The...

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The Tokaj Mountain Council encourages sustainable grape production and winemaking

The Mountain Council of the Tokaj Wine Region consciously builds the future of the wine region based on a strong community thinking for sustainable grape growing and winemaking – Molnár...

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Analysts: increasein retail sales may continue

The growth in retail sales in May exceeded the expectations of analysts; according to experts interviewed by MTI, a further growth is expected, which may slow down in the second...

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GKI: The growth of the Hungarian economy is at peak

The Hungarian economy grew by 4.4 percent in the first quarter of 2017 and in the first quarter of 2018, with the highest fourth-fifth highest rate in the region reaching...

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Ministry of Agriculture: rural development tenders are popular

Rural development tenders are popular; further calls for proposals are expected this year – Kis Miklós Zsolt, Minister of State of the Ministry of Agriculture (AM) told M1 news channel...

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The Agricultural Ministry announced a tender to carry out gene conservation tasks

Recognizing the importance of gene conservation activities, the Minister of Agriculture has issued an open call for proposals under the 2018 central budget, the main objective of the grant is...

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The agrarian chamber and Magosz considers the research of mutagenesis

The National Chamber of Agriculture (NAK) and the Hungarian Association of Hungarian Farmers and Cooperatives (Magosz) consider it necessary to conduct scientific studies and risk assessments of mutagenesis as soon...

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Nébih: 31 July is the payment deadline for the first installment of the food chain management fee

Food chain producers, distributors, farmers, livestock farmers, food producers and distributors have to complete the food chain monitoring fee return by the end of May. The amount set at this...

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The GfK German consumer sentiment index declined a bit in July

Instead of expected stagnation, GfK’s consumer sentiment index declined slightly in July in Germany. The Nürnberg-based Economic Research Institute’s consumer sentiment index in Germany was 10.6 points after the 10.7...

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Agricultural advisors can help food export at Polish embassies

Poland strongly intends to stimulate food exports. The Minister of Rural Development urges to hire agricultural advisors to embassies – agrarszektor.hu wrote after syngenta.blog.hu. Jan Krzysztof Ardanowski, Minister of Rural...

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Harvesting has begun earlier than ever in Germany

The harvesting of grapes has begun earlier than ever in Germany. The work will begin on 6 August – the German Wine Institute (DWI) announced on Monday. Due to climate...

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More than a hundred million smartphones were sold in China in one quarter

After a strong halt in the first quarter, over 100 million smartphones were sold in China during the three months ended on 30 June. According to the Canalys Market Research...

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Good cereal production is expected

Based on the preliminary data, good grain production is expected this year – agrarszektor.hu wrote. Based on the samples analyzed so far, it is also possible to say that the...

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Magazine: Brand loyalty: similarities between the generations of grandparents and grandchildren

Brand loyalty isn’t age-dependent – revealed an online survey conducted by Budapest Metropolitan University (METU) and Darwin’s Marketing Evolution in March, with more than 1,000 participants belonging to 4 generations....

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Technological development helps competitiveness, but does not replace workers in agriculture

The National Agricultural Chamber organized a Roundtable discussion on the effect of the modernization of agriculture on the countryside at the XXIX. Bálványosi Summer Free University and Student Camp. Participants...

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Rapeseed prices are expected to be good

The price of rape was full of hope since the end of April this year, as the droughts of spring brought news of a decline in crops. Unfortunately, Hungarian farmers...

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80 percent of the wheat has already been harvested in Zala County

Almost 80 percent of the wheat has been harvested in Zala County, the average yield per hectare is 5.1 tons, and the quality of the crop is worse than usual...

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AM: the Ukrainian veterinarian easened the ban on the import of Hungarian pork meat

Ukraine is now only prohibiting the import of pig products originating from Heves and Szabolcs-Szatmár-Bereg counties affected by African swine fever (ASP) disease – the Ministry of Agriculture (AM) told...

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KSH: The number of employees increased further in the second quarter

The average number of employees was 4 million 475 thousand in the April-June period, ie in the second quarter, 55 thousand more than a year before. The employment rate of...

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Retail trade in the euro area was lower than expected in May

According to the seasonally adjusted data, the European Union’s Statistical Office (Eurostat) announced on Tuesday that retail sales increased by 1.4 percent in the Euro Zone in an annual comparision,...

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The number of nylon bags sold in England has dropped by eighty-six percent since 2015

The number of nylon bags sold in the seven largest supermarket chain stores has fallen by eighty percent since 2015 in England, but still over one billion a year. England...

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The volume of retail sales grew by 6.4 percent in the first five months in Romania

In Romania, the volume of retail sales grew by 6.4 percent in the first five months of the year, compared to the same period of last year – the National...

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