Market News
The agricultural ministry focuses on drought prevention tasks
Instead of dealing with drought damage, after the damage happened, the focus should be on prevention-related tasks – emphasized Feldman Zsolt, Minister of State of the Ministry of Agriculture at...
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EOS: Hungarians pay 78 percent of the bills on time
78 percent of bills are paid on time by Hungarian clients, 18 percent are settled late and 4 percent are never paid at all, which is consistent with last year’s...
Read moreChina buys American agricultural products
Chinese companies have bought agricultural products from the United States, and Beijing is in talks with Washington to prepare for the next round of bilateral trade talks in October –...
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The Milk Product Council launches a TV campaign: Choose domestic and reduce your ecological footprint
Hungarian milk and dairy products are known to be of high quality, yet, according to the calculations of the Milk Product Council, Hungary imports milk with about 12,000 trucks a...
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Mastercard: adventure gifts gaining popularity for Christmas
According to a Mastercard’s survey, 8 percent of the Hungarians start Christmas shopping in September, with nearly one in two adults shopping for the holidays in November. This is due,...
Read moreITM: action against product presentations that were misleading the customers was successful
Action against misleading product presentations was successful; As a result, the number of complaints has fallen to a fraction: only two were received, compared with an average monthly 43 in...
Read moreGfK: German consumer sentiment index improved
Instead of the expected stagnation, the Nuremberg-based GfK Economic Research Institute’s German consumer sentiment index rose slightly in October, while consumers’ willingness to buy and economic expectations improved, but their...
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GKI: Forecast for 2019-2020
The Hungarian economy grew by 4.9 per cent in the second quarter of 2019, faster than expected. This was the highest growth rate in the EU. However, the slowdown, if...
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Magazine: Sustainability in business and everyday life
According to a recent online survey by Nielsen, consumers all over the world are the most concerned about air and water pollution. At a global level, 73 percent of consumers would...
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New brands testify the excellence and environmental friendliness of the products
The Hungarian Product Nonprofit Ltd. has created new trademarks to certify product excellence and eco-friendliness, while Hungarian manufacturers can apply for the Excellent Product and Eco-labels – MTI announced on...
Read moreFinancial research may continue to hold the momentum of the economy next year
According to the latest analysis of the Pénzügykutató Zrt., the momentum of the economy may continue next year, but the growth rate will decline from the 4.7 percent of this...
Read moreMinister of Agriculture: farmers must be supported to be able to handle climate change well
Minister of Agriculture Nagy István pointed out at the meeting of EU agriculture ministers that farmers should be protected and supported in order to be able to respond adequately to...
Read moreThe NAIK invites young agricultural researchers to apply
The National Center for Agricultural Research and Innovation (NAIK) is announcing a call for PhD students and young researchers in the field of agriculture, known as the National Agricultural Talent...
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Employment Service: the number of job seekers fall in August
The number of jobseekers dropped by 2.4 percent in August, compared to the same period of the previous year and by 1.1 percent, compared to July. At the end of...
Read moreThe government will continue to take action to exempt the distillation of pálinka
The government is taking action in every forum of the European Union (EU) to re-exempt the production of pálinka – Tállai András told Magyar Nemzet. The parliamentary Minister of State...
Read moreConsumer confidence in the United States deteriorated more than expected in September
Consumer confidence in the United States decreased in September, much more than analysts had expected. The Conference Board Economic Research Institute said on Tuesday that the consumer confidence index fell...
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New industrial site to be built in Medgyesegyháza from almost half a billion forints
About eight hectares of new industrial space will be created in the inner city of Medgyesegyháza – the Medgyesegyháza Industrial Park Investment and Development Nonprofit Ltd. announced on Tuesday. Within...
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Magazin: Emberszámban
Két számjegyű az állateledelpiac bővülése, ezen belül látványos a diszkontok előretörése. A csatorna jó lehetőséget lát a kategóriában, folyamatosan fejleszti, így növekszik a modern, kényelmes eledelek penetrációja. Ami viszont csatornafüggetlen: egyre...
Read moreGKI: economy is growing at an annual average of 4.3 percent this year
GKI Economic Research Co. has raised its forecast for economic growth this year, expecting 4.3 percent instead of the 4 percent forecasted in June – Vértes András, GKI’s president said...
Read moreMachines are behind the growth of the commercial sector
The turnover of domestic stores is constantly breaking records: according to the latest data of the Hungarian Central Statistical Office (KSH), the volume of retail trade is 6.4 percent higher...
Read moreNAK: 150-200 thousand hectares are irrigated in Hungary
Irrigation is practiced in Hungary on about 150-200 thousand hectares, which is comparatively small compared to the Hungarian possibilities, because there would be a demand for irrigation on 400 thousand...
Read moreNébih found everything all right when examining VinAgora’s medalist wines
The National Food Chain Safety Authority (Nébih) found everything okay when examining VinAgora International Wine Competition’s medalist wines – the Magyar Szőlő- és Borkultúra Nonprofit Kft. (Hungarian Wine Culture Nonprofit...
Read moreOpten: the company establishing practice is changing
Only one in four start-ups starts with a clean slate, 75 percent of fresh start-ups are still linked to previous companies, but changes to come in the Hungarian company formation...
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Between 2013 and 2017, almost 12 billion euros of counterfeit goods were seized in the European Union
About 438 million counterfeit goods were seized in the European Union between 2013 and 2017, with an estimated value of nearly 12 billion euros – the European Union Intellectual Property...
Read moreThe ifo German business sentiment index strengthened slightly
The business sentiment index of the Ifo Economic Research Institute in Germany increased more than expected in September; economic opinion on the current situation has improved, but the index of...
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Magazin: A fenntarthatósági törekvésekben mindenkinek részt kell vennie
Ma már a csapból is a fenntarthatóság folyik, ám nagyon fontos, hogy időnként benézzünk a hangzatos, zöld mondatok mögé. Vajon létezik-e valódi fenntarthatóság, vagy egyelőre csak a felszínt kapargatjuk? A...
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Újabb boltok használhatják a SuperStore logót!
A Trade magazin ismét versenyezni hívta a Magyarországon bejegyzett székhellyel rendelkező értékesítési pontokat. A SuperStore versenyen olyan helyek indultak eséllyel, ahol az értékesítési koncepciónak leginkább megfelelő a dizájn, a célcsoport...
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The Milk Product Council launches a campaign to encourage the consumption of Hungarian milk
The Milk Product Council is launching a television campaign to help consumers choose domestically produced milk and dairy products over imported goods – the Milk Product Council told MTI on...
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This year’s apple production might be worrse than estimated before
This year’s apple harvest may be under 400,000 tonnes, which is 15-20 percent lower than the previous pessimistic estimate, and up to 35 percent below the long-term average of around...
Read moreSzázadvég: GDP may grow by 4.8 percent this year
The Századvég Economic Researcher revised its GDP growth forecast to 4.8 percent this year and expects a growth of 3.9 percent by 2020, but notes that weakness in the German...
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