Market News

Seven state secretaries at the Ministry of Agriculture

Three state secretaries will retire from their posts at the Ministry of Agriculture under the direction of Nagy István, the new Minister of Agriculture – agrarszektor.hu wrote. At the same...

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Cherry and celery are the winners of the pesticide test

At least in France. According to the results of a five-year study, 73 percent of fruits and 41 percent of vegetables contained plant protection products. However, only 2-3 percent of...

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34 applicants received seed in the Food Avalanche program

Thirty-four local governments, educational institutions and NGOs received seed in the Food Avalanche program of the Civil Compass Foundation and Syngenta. Potatoes and various vegetables have been sown on some...

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Magazine: GDPR’s influence on marketing processes

As of 25 May 2018 companies must change their data management procedures in accordance with the new rules of the General Data Protection Regulation (GDPR) of the European Union. The new...

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Magazine: Hungary’s economy at the time of the parliamentary elections

According to GKI Economic Research Zrt., GDP growth will be 3.8 percent and the investment rate will increase by 9 percent in 2018 in Hungary. The level of consumption will...

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Labor shortage makes strawberry harvest difficult

The strawberry growers are suffering from labor shortage, as the number of people working in the industry get a job in the EU – agrarszektor.hu. Even though salaries have risen...

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Russia has introduced temporary embargo on Hungarian live pigs and meat products due to swine fever

The Russian Animal Health and Plant Protection Authority has introduced a temporary restriction on the import of live pigs and pork meat products from Hungary from 7 May. The decision...

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The proportion of Internet users has grown considerably among the elderly

According to a report by the National Media and Communications Authority (NMHH), the proportion of Internet users among the elder has increased considerably over the past year, and the digital...

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British business minister: there will be a customs agreement with the EU

The head of the British business ministry says there will be a customs agreement between Britain and the European Union after the expiration of the British EU membership. Greg Clark,...

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The investor sentiment in the euro area deepened in May

As a result of uncertainties surrounding the introduction of US tariffs and due to the intensifying protectionism, the investor sentiment in the euro area continued to deteriorate in May, according...

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Retail sales increased in the Czech Republic

In March, the rate of growth of retail sales in the Czech Republic dropped to 4.4 percent in April, from the 6 percent in February – the Czech Statistical Office...

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Retail sales increased higher than expectated in the first quarter

The growth in retail sales in March surpassed the expectation of analysts, who suggest that gross domestic product could rise sharply in Q1. According to the first estimate published by...

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Baker’s Association: decisive industry leaders support the reduction of VAT on bakery products to 5 percent

The Hungarian Baker’s Association has been advocating it for years to reduce VAT on bakery products. The organization welcomes the fact that key industry representatives and leaders support the plan...

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Milk consumption promotion campaign was launched

The spring marketing campaign aimed at promoting quality domestic dairy products has been launched in collaboration with the Ministry of Agriculture, the Agricultural Marketing Center (AMC) and the Milk Interprofessional...

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Nébih: another infected wild boar was found

Another infected wild boar was found in Heves County. Since 21 April, African swine fever (ASP) has been detected in a total of five carcasses – the chief veterinarian of...

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The card acceptor network was expanded with 25 percent

The POS-support program of the Ministry of National Economy expanded the acceptance of the Hungarian bank cards – Világgazdaság Online wrote. Although it was unsuccessful to put the originally planned...

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MFB announces a 70 billion HUF SME loan program

The Hungarian Development Bank (MFB) will launch its SME loan program called MFB financial enterprise refinancing scheme II. The frame of the loan program is a total amount of 70...

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Mushroom consumption against vitamin D deficiency

Most people in our country have a low vitamin D level but mushroom consumption helps with its vitamin D intake – the National Chamber of Agriculture says. Twice of the...

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Payments have risen in the competitive sphere

The wage survey of Hays Hungary, one of the country’s leading employment agencies has been published for the eighth time. The wage survey shows that in 2017, the salaries of...

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FM: one can apply for the Farm of the Year award until 31 July

The Farm of the Year award was announced by the Ministry of Agriculture (FM) this year for the second time. Applications can be submitted by July 31 – Loránd István,...

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KSH: the Easter effect has increased retail sales

Retail sales increased by 8.5 percent in March. Calendary effect adjusted retail sales increased by 7.1 percent, compared to the same period of last year, mainly due to the Easter...

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Hungarian pork can be delivered to Hong Kong and Georgia

Hungarian pork products can be transported to Hong Kong and Georgia. None of these countries will restrict the imports of Hungarian pork meat – the National Food Chain Safety Office...

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The Nébih found only marking mistakes during the lactose-free sour cream test

Only marking errors were found by the National Food Chain Safety Office (Nébih) during the investigation of lactose-free sour creams. Nébih investigated the 20 percent fat lactose-free sour creams produced...

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Nébih: the contaminated caraway comes from Egypt

The National Food Chain Safety Office (Nébih) continues to investigate the case of the contaminated caraway. The authorities have already found that the caraway has Egyptian origin – the Nébih...

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The new report from the EP favors the Hungarian Sheep and Goat Farmers

The new report of the European Parliament adopted on Thursday is favorable for the Hungarian sheep and goat farmers. It contains almost all of the Hungarian proposals – Erdős Norbert,...

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Twelve thousand bags of seed for the Hungarian farmers in Transcarpathia

Twelve thousand bags high quality Hungarian seed maize was handed over to the Hungarian farmers in Transcarpathia by Grezsa István government commissioner within the Seed to the Framers program through...

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Food companies protest against Trump’s decision

Nestlé, Danone, Mars and Unilever have issued a joint statement calling on US President Donald Trump and his Government to keep up with the so-called energy management plan – agrarszektor.hu...

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The Romanian retail trade grew by 6.4 percent

The volume of Romanian retail sales grew by 6.4 percent in the first quarter of this year, compared to the same period of the previous year – the Romanian National...

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Agricultural Chamber: Hungarian pork is safe

The Hungarian pork is safe, even after the appereance of the African swine fever, as the strict animal health and food safety rules exclude the infection, and the virus that...

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Nielsen: Barbecue sausage is the hit product of the garden parties

The market for barbecue products is incresing significantly between May and August. The turnover of both grilled sausages and grilled cheese reached a double-digit growth in value between February 2017...

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