Market News
The use of pesticides fell last year
Last year the use of pesticides dropped: the Agrarian Economics Research Institute (AKI) measured an 11 percent decrease in volume and 8 percent in value. According to the institute’s analysis,...
Read moreThe causes of the summer bee deaths are investigated by Nébih
The National Food Chain Safety Agency (Nébih) continues to investigate the causes of last year’s mass bee deaths – the President of the National Hungarian Beekeeping Association (OMME) told M1...
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Global IPO trends: Q1 2019 | Page 3Global IPO trends: Q1 2019 | Page 3Global IPO marketGlobal IPO momentum slows but Q2 2019 set to rebound
Global IPO trends: Q1 2019 | Page 3Global IPO trends: Q1 2019 | Page 3Global IPO marketGlobal IPO momentum slows but Q2 2019 set to reboundWhile Q1 is usually a...
Read moreSzijjártó Péter agreed with the Chinese Foreign Minister on a five-point development plan
Szijjártó Péter, Foreign Minister and Vang Ji, Foreign Minister of China agreed on a five-point plan for the further development of the Hungarian-Chinese relations on Saturday. After the meeting, Szijjártó...
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Package delivery increased by ten percent in the first quarter
A significant part of the packages containing goods arrive from abroad to Hungary. This year, an increase of more than 10 percent was registered in the first quarter – Magyar...
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Tons of suspicious meat was found in a truck in Békés County
The 12-ton truck loaded with meat products of unknown origin was found by NAV’s staff in Békés County – Index wrote after Beol.hu and NAV. The financial officers carried out...
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In April, the economic climate in the euro area continued to deteriorate
More than expected, the economic sentiment in the euro area declined to its lowest level in two and a half years on the basis of a statement of the European...
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Brugal 1988 arrived to Hungary
Brugal is the market-leading rum in the Dominican Republic and is now a familiar sight in bars up and down in Hungary after being taken on by Coca-Cola HBC. If...
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GKI: Good start, uncertain continuation
In the first two months of 2019, the growth rates of the most important sectors of the Hungarian economy accelerated compared to last year. However, domestic economic expectations reached their...
Read moreConcordia Közraktár Zrt.: the profitability of grain production Is uncertain due to drought
Due to the drought, the profitability of cereal production has become uncertain this year. In addition to the expected 15 percent loss of crop, the irrigation of wheat fields has...
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FruitVeb: domestic vegetables will be cheaper from May
Home-grown vegetables will be cheaper from May, after the warm weather has accelerated the ripening of plants grown in foil and greenhouses. Cabbage, radish, early carrot, lettuce, peppers, tomatoes, snake...
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Feldman: the number of small producers has tripled
The government is doing a lot to provide more and more opportunities to the small producers. Due to these efforts, the number of small farmers has tripled since 2010 –...
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AM: the position of apple and sour cherry growers is strengthened by the compulsory purchase in the acquisition contract
The creation of predictable sales environment for apple and sour cherry farmers has a paramount importance for the Ministry of Agriculture (AM), therefore the introduction of a binding contract to...
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The price of new potatoes fell by half unexpectedly
On the 16th week the most common price of domestic new potatoes fell to 700 forints at the wholesale market of Budapest, from the 1300 forints of the 13th week...
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The bananas controlled by Nébih were in compliance with the standards
Both the safety and quality aspects and the traceability and labeling requirements were met in case of the 1 “baby”, 3 bio and 10 traditional bananas of 10 chain stores...
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The new hall of the Békásmegyer market was handed over
The new hall building of the Békásmegyer market and its underground garage, the first phase of the development of the 3rd district market and community space were realized from over...
Read moreLondon analysts: the Central European EU economies are resistant to the German slowdown
London financial analysts say that EU economies in Central Europe have been resistant in recent months against the slowdown of the German economy. At the same time, the risk of...
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Employment in the European Union increased to a fifteen year peak last year
Employment in the European Union increased to a fifteen year peak last year, and thirteen of the twenty-eight Member States have reached their national target for 2020 – according to...
Read moreThe American consumer sentiment deteriorated in April
The US consumer sentiment deteriorated sharply in April – the Michigan University’s usual monthly survey reveals. The final result was published on Friday. The consumer sentiment index stood at 97.2...
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Magazine: Competition between manufacturer brands and private label products
Christoph Knoke, managing director of IRI in Germany has been interviewed by Lebensmittel Zeitung. He told: although private label (PL) products started out as the imitators of manufacturer brands, today they...
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KSH: record pice increases agricultural prices has not seen for six years
After the 8.3 percent in January, the purchase price of agricultural products increased by 7.7 percent in February than a year before, so the producer price of agricultural products rose...
Read moreThe Takarék Group and the Hungarian Animal Breeders Association extended cooperation
The Takarék Group and the Hungarian Animal Breeders Association extended cooperation (MÁSZ) renewed their cooperation agreement. According to the Communication of the Takarék Group sent to MTI on Wednesday, the...
Read moreThe analysts of Raiffeisen raised their domestic growth forecast to 3.7 percent this year
Raiffeisen Bank’s analysts raised their forecast for this year’s economic growth from 3.4 percent to 3.7 percent – Török Zoltán, chief analyst of the bank told on Thursday at a...
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The European food fraud report was published
The 2018 report of the European Food Fraud Network (EU Network for Food Fraud), which provides insight into information exchange through the Administrative Assistance and Cooperation System (AAC) was published...
Read moreDeloitte: domestic companies rather focus on traditional factors
While domestic business leaders and owners are more focused on cost efficiency and market coverage, leaders of the international companies prefer to explore and exploit the potential of subversive technological...
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AM Minister of State: The goal is to intensify lawn management
One of the goals of the Hungarian agriculture is to increase the intensity of lawn management with the help of nutrient supply and irrigation Farkas Sándor, Parliamentary Minister of State...
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Stores ran out of domestic potatoes
Stores almost ran out of Hungarian potatoes, so they have to be imported. If we buy potatoes, it is probably French or imported from Africa – penzcentrum.hu wrote. Hungarian potatoes...
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The National Association of Food Processors has changed its name
The National Association of Food Processors (ÉFOSZ) has changed its name to the Association of Responsible Food Manufacturers (FÉSZ) – the professional organization of about 500 domestic food companies told...
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The Hungarian Product has launched a campaign
The Hungarian Product’s new “Collect and Win!” campaign was prepared by Tricky Communications. Considering the great interest of the trademark companies, the Hungarian Product Nonprofit Kft. organizes two national community...
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