Market News
The Hungarian Product Packages to reach the families of seventy-five thousand newborn babies
The Magyar Termék Csomag (Hungarian Product Package) is the joint project of the MAGYAR TERMÉK Nonprofit Kft. and the PromoBox Kft. The project aim to reach the young families with...
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The government concluded a strategic co-operation with the diabetes organizations
The government concluded a strategic co-operation with two organizations representing people with diabetes in order to easen the lives of people with diabetes as well as to launch different trainings...
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TF: major reserves in the use of dietary supplements
According to Martos Éva, head of the Sports Nutrition Science Center at the University of Physical Education, there are still significant reserves in the field of the usage of nutrition...
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The financial expectations of large companies increased sharply
The sales revenue and profit expectations of the largest companies have increased sharply: an average of 3.2 percent higher sales revenue and 2.2 percent higher profit growth is estimated for...
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CCTV can be installed into slaughterhouses In England
According to professional opinions, there are no brutal conditions in the Hungarian slaughterhouses, so it is not planned to introduce CCTV in them – agrarszektor.hu wrote. In England, however, the...
Read moreRetail started the year well
According to the raw and calendar adjusted data, retail sales at unchanged prices increased by 7.5 percent year-on-year in January – according to the first estimate of the Central Statistical...
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February’s food basket for the cheapest shopping
The February food basket analysis of the Hipercom.Hungary blog again shows at which merchant was worthy to do the big shopping, if we compare the best promotional leaflet offers per...
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KSH’s exports rose again above 10 percent in January
Foreign trade surplus increased by 135 million euros to 698 million euros, according to the second estimate of the Hungarian Central Statistical Office (KSH). In the first estimate released on...
Read moreThe MKB Group and the Association of Agricultural Machinery Distributors signed a co-operation agreement
The MKB Bank Zrt. and the Association of Agricultural Machinery Distributors (Megfosz) signed a strategic co-operation agreement for one-year in Budapest on Wednesday. The MKB Group supports the promotion of...
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NFM: Easter hams, scones and Chocolates were tested by the Consumer Protection Authority
The National Consumer Protection Survey screened inadequate quality of Easter hams and scones – the National Development Ministry (NFM) informed on Thursday. In the Communication, it was recalled that the...
Read more76 billion forints were allocated to support young farmers
The Rural Development Program has allocated 76 billion HUF to support young farmers – Kis Miklós Zsolt, Minister of State responsible for Agriculture and Rural Development said at the Young...
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Five tons of unmarked vegetables were found by the financiers in Makó
Approximately five tons of vegetables with unknown origin were found by the financiers in a lorry in the Makó region – the National Tax and Customs Administration (NAV) informed MTI....
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The economic sentiment deteriorated in the euro area and in the EU
The economic sentiment deteriorated in the euro area and in the European Union higher than expected in March. According to the report released on Tuesday by the European Economic and...
Read moreThis year’s pork campaign continued with the “Where the Pig sector is Heading?” conference
The “Where the Pig sector is Heading?” conference is organized as a part of the Consumer Promotion Campaign by the Agricultural Marketing Center (AMC). Daróczi László, Managing Director of Agrármarketing...
Read moreThe Takarékbank raised its GDP growth forecast to 4.5 percent this year
Partly due to the projected effects and partly due to the further improving outlooks for the economy, the growth rate of the Hungarian economy may continue to accelerate this year,...
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Magazine: New segments becoming more important in the cereal product market
After the spectacular expansion of the last few years, the sales growth slowed down a little in the market of cereal products in 2017. At the same time the restructuring process...
Read moreAgriculture is a driving force of the Hungarian economy
Despite the challenges that the sector is facing, the performance of agriculture is a driving force of the Hungarian economy – Fazekas Sándor, Minister of Agriculture emphasized on Tuesday at...
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The Nébih imposed a fine of more than 7.3 million forints in the first period of the Spring Control Series
During the first period of seasonal food chain control, between 1 March and 18 March, the staff of the National Food Chain Safety Office (Nébih) visited 1958 facilities. As a...
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Hungarian enterprises are at the gateway of international export successes
On the basis of last year’s success and the feedbacks from Hungarian entrepreneurs and company executives, the Hungarian National Chamber of Commerce has organized the Masters of Business Budapest professional...
Read moreThe vineyards did not deteriorate in the March frosts
The unusual winter, with its unusually warm months and then the frosty springtime, did not cause damage to the vineyards in the Mátra and Eger wine regions, and even the...
Read morePoland would raise a fence on its eastern border due to African swine pest
The Polish government would build a fence along Poland’s eastern borders to prevent further spread of African swine pest (ASP) – Krzysztof Jurgiel Polish Minister announced at Press Conference in...
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Eurostat: half of the unemployed young people would leave their their homes if they could find jobs elsewhere
In the European Union (EU), about half of the unemployed between the ages of 20 and 34 would leave their homes if they were able to work elsewhere, while the...
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HENT: fake perfumes can be dangerous
Fake perfumes can be dangerous. They can cause serious allergic reactions and infectious diseases – the National Anti-Counterfeit Agency (HENT) warned in its statement sent to MTI on Tuesday. According...
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Magazine: I like the system!
According to Wolfgang Wallisch, member of the board of directors at BENU Magyarország, the franchise system is already widely used in Hungary. Typically the franchise system targets small businesses, but the...
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Hungarians spent 22 billion HUF on detergents
The Hungarians’ desire to clean up is growing: Between March 2017 and February 2018, we spent more than 33 billion HUF for detergents and cleaning products – according to Nielsen’s...
Read moreSzázadvég: inflation can be 2.6 percent this year
The Századvég foundation predicts that inflation will be 2.6 percent this year – Regős Gábor, the analyst of the foundation told M1 news channel on Saturday. The analyst said that...
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We eat less import salads
Hungary’s salad imports decreased significantly last year – Magyar Idők Online wrote. According to the data of the Central Statistical Office, last year a total of 1367 tonnes, 37 percent...
Read moreFazekas Sándor: net average earnings in agriculture increased to one and a half times higher
In the seven years since 2010, 72,000 new jobs have been created, net average earnings in agriculture increased to one and a half times higher, and the sector is on...
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Lamb exports may decrease due to the early Easter and the change in Italian demand
Lamb exports may be 10-15 percent less this year, (compared to 2017, when lamb exports amounted to 120 thousand) because the weight of the lambs were low, due to the...
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More than 1300 kilograms of products were withdrawn from the market by Nébih
More than 1,300 kilograms of products were seized and withdrawn from circulation by the National Food Chain Security Office (Nébih) during investigations in commercial units in Kállósemjén and Nagykálló. According...
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