Market News
ITM: 1,200 schools are expected to attend in the Money7 Week
This year, 1,200 schools are expected to attend with hundreds of thousands of students in the Money7 theme week, trying to make young people aware of the world of money...
Read moreRents continue to grow on the retail real estate market in Budapest
The retail real estate market has a positive outlook, the growth of consumption and the increase in the number of tourists in Budapest help the development of the sector, especially...
Read moreOpten: The number of animal health businesses has increased
More and more companies are providing veterinary services, while in 2015, 866 businesses were providers of veterinary care, last year their number reached 881 – according to Opten company information...
Read moreITM: climate financing helps the foreign market access of the Hungarian companies
The Ministry of Innovation and Technology (ITM) provides unique support to innovative Hungarian businesses in the environmental sector. The purpose of the non-refundable grant is to reduce the adverse effects...
Read moreTwo thirds of the distillers are not used by private cookers
Only one third of the reported distillers are used by private pálinka makers – the National Tax and Customs Administration (NAV) told according to last year’s figures – the Pálinka...
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The new program of the MNB calls for environmentally conscious banking
The Green Program of the Hungarian National Bank (MNB) encourages environmentally conscious “Banking” – Binder István, MNB’s spokesman told M1 news channel on Tuesday. He added that the MNB would...
Read moreBritish food exports to the EU cannot be guaranteed without agreement
In case of a Brexit without agreement, there would be no full guarantee that Britain could continue to export food to the markets of the European Union – the head...
Read moreForeign trade restrictions caused 6.3 billion USD loss to Russia
There are 159 trade restrictions in 62 countries against Russia, which resulted in a 6.3 billion USD loss in exports in 2018 – the Russian Ministry of Economic Development announced...
Read moreMore beer was sold on the domestic market last year
Seventy-six thousand hectoliters, 15 million bottles more, a total of 6.29 million hectoliters of beer was sold last year, compared to the previous year by the leading breweries on the...
Read moreAgricultural researchers: the output of agriculture can be increased with precision farming
Precision farming is needed in Hungary to substantially increase the output of agriculture. The PREGA (Precision Farming) Conference and Exhibition, which will start in Budapest on Tuesday, will help us...
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MNB: Hungarian households increased their savings with 5.9 percent of last year’s GDP
Hungarian households increased their savings by 2500 billion HUF, equivalent to 5.9 percent of GDP in 2018, of which 735 billion HUF was realized in the fourth quarter, which is...
Read moreAM: The application for aid against grape pests to be simplified
The Ministry of Agriculture (AM) will announce a tender against pests in vineyards with a budget of 240 million HUF this year, and the application for support will be simplified...
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Domestic startups may gain new momentum
According to experts, startups can really accelerate in the FMCG and medical technology sectors. That is why the Start it @ K & H Incubator is constantly expanding its mentor...
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AM: Hungary and Slovakia support each otherat the EU agricultural negotiations
The importance and role of Hungarian-Slovakian agricultural relations goes beyond bilateral relations. An intensive joint work is also taking place within the framework of the Visegrád four cooperation, and in...
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Scottish whiskey exports on peak
Scottish whiskey exports have also reached a peak in quantity and value last year, index quotes the communication of the Scottish Whiskey Association (SWA). Last year, Scottish whiskey was exported...
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Magazine: Smart technological solutions: What can be achieved?
The 5th Innovation Food Conference was part of the programme at the Anuga trade fair in Cologne. There were approximately 200 participants and Hanni Rützler, the founder of Vienna-based futurefoodstudio...
Read moreAgricultural producer prices increased by 2.7 percent last year
Last year, agricultural producer prices increased by 2.7 percent. The prices for plant products increased by 5.8 percent, but live animals and animal products increased by 2.2 percent, compared to...
Read moreThere is a great opportunity for the Hungarian food and wine sector
The recently opened rural development EU proposal – which provides 50 billion HUF support to help to increase the added value and to increase competitiveness – is beneficial for both...
Read moreUS consumer sentiment improved significantly in February
The US consumer sentiment was much better than expected in February, according to the Michigan University’s regular monthly survey, which was published on Friday. The consumer sentiment index stood at...
Read moreKSH: GDP grew by 4.8 percent last year
According to the raw data, Hungary’s gross domestic product (GDP) grew by 4.8 percent, according to the raw data. Seasonally and calendar effect adjusted the growth was 4.9 percent in...
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Healthy nutrition has the same importance as taste
GfK Hungária has measured domestic eating and cooking habits and novelties related to kitchen technology in a comprehensive research. Our research conducted since 1989 is unique in our country, and...
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Nébih: the number of food-related diseases has moderately reduced in Europe
According to the report of the European Food Safety Authority (EFSA), the number of food-related diseases has moderately reduced in Europe. The European Food Safety Authority (EFSA) prepares its report...
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Sunflower yields of more than four tons per hectare can be achieved in Hungary
According to the experts of the leading agricultural company of the sunflower seed market, the rate of high-oil sunflower will increase this year due to the more favorable purchase price....
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We spend more and more on Valentine’s Day
According to Mastercard data, the proportion of spending on loved ones has increased by 3 percent in the past 3 years, and the majority (30 percent) bought Valentine’s Day gift...
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The agricultural chamber reorganizes the village consultant network
The National Agricultural Chamber (NAK) is reorganizing the village consultant network Darabos Tamás, Director General of the Chamber told M1 news channel on Thursday. The village consultants will visit the...
Read moreRetail sales in the United States declined in December
Retail sales in the United States declined in December, with the highest extent of the past nine years – according to the a report of the Census Bureau of the...
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Japanese women give chocolate on Valentine’s Day
Giving chocolate or other occasional sweets on Valentine’s Day is considered to be a romantic gesture around the world. In most cultures it is common that men give gifts to...
Read moreInflation was 3.3 percent in Romania in January
In January, the annual inflation rate stood at 3.32 percent in Romania after the 3.27 percent, measured in December – the Romanian National Statistical Institute announced on Wednesday. Mostly, food...
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American women like Glenlivet whiskey
Pernod Ricard, producer of Chivas and Glenlivet announced that half of the new Scottish malt whiskey sales came from American women’s purchases after the company reduced the price and simplified...
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