Market News
Harvest began weeks earlier this year
The harvest of arable crops this year has started more than a few weeks earlier because of the extremely hot weather – the Minister of State of the Ministry of...
Read moreRetail has been growing steadily for 58 months
Retail sales have been growing steadily for 58 months – Pomázi Gyula, the Deputy Minister of State of the Ministry of Innovation and Technology (ITM) told M1 news channel on...
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KSH: employment continued to increase
In the March-May period, the average number of employees was 4 million 457 thousand, 64 thousand more than a year before. The employment rate of the 15-64 year olds grew...
Read moreGVI: business confidence set a record
The level of business confidence in Hungary has slightly improved in the second quarter, compared to the first quarter, according to a survey conducted by the Hungarian Institute of Economics...
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Brexit will affect the Hungarian pet food production
Britain is the 10th most important export partner for Hungary, especially for pet food manufacturers. Fodder, pet treats and other products made for pets are almost one-fifth of our agricultural...
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Domestic watermelons will be on the market by the end of June
The spring warmth resulted in the beginning of each product’s ripening two weeks earlier, so the domestic watermelons will be on the market by the end of June. The expected...
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Nielsen: hungarians drank 40 thousand hectoliters of cider over a year
Hungarians drank nearly 40 thousand hectoliters of cider between May 2017 and May 2018: 15 percent more than in the same period of the previous year. During the period under...
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The terms of the TÉSZ subsidies will change
The FM regulation on complementary national support for fruit and vegetable producer organizations has recently been amended, which also affects the level of subsidies and conditions of use – agrarszektor.hu...
Read moreNiT Hungary: Hungarian carriers can exclude from the EU markets
According to NiT Hungary, Hungarian carriers may be forced out of the EU markets if the posting directive on the mobility package presented by the European Parliament (EP) to be...
Read moreThe Swedes have been brewing beer since the Iron Age
The Swedes have been brewing beer since the Iron Age, as evidenced by the carbonized remains of those germinated seeds that Swedish archaeologists have discovered – origo.hu wrote. Seedlings excavated...
Read moreReal estates for pigs are uder construction in China
A complete block of flats has been built in China to fatten pigs there – agrarszektor.hu wrote. In the blocks of buildings it is planned to grow up to 800,000...
Read moreThe German economic mood is on nadir
The German economic confidence index of the ZEW Economic Research Institute stagnated in May at a five and a half year low. The Mannheim-based ZEW Institute of Economics announced on...
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Magazine: Home preservation of fruits and vegetables
The market of home preserving supplies is influenced by the weather: if conditions are normal and the fruit harvest is good, sales increase. According to Eszter Varga, trade marketing and category...
Read moreThe price of pigs is decreasing in Europe
Domestic purchase prices follow the European trend, but are at a higher level than the EU average or even the German price – agrarszektor.hu wrote. It is no wonder that...
Read moreGrain is the main commodity of Hungarian agroexport
Wheat and corn are Hungary’s two main commodities within the agricultural export. In the first three months of 2018, 1.2 million tonnes of the two crops were exported. After last...
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Nagy István: the Ministry of Agriculture prepares a multi-year contractual arrangement for the next fruit season
Based on this year’s experience, to facilitate the survival among more difficult market times, the Ministry of Agriculture will develop a multi-annual contractual arrangement for the following year’s fruit season....
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Nébih takes the fight against food misuses
The National Food Chain Security Office (Nébih) will create a central laboratory base with a nearly eight billion forints investment in the following years – agrarszektor.hu wrote. In addition, several...
Read moreVarga: it is a priority is to strengthen competitiveness
The government continues to emphasize its task of effectively helping to strengthen the competitiveness of Hungarian businesses – the Minister of Finance said at a press conference held after the...
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The NAV helps you to comply with the rules from 1 July with a billing software
The National Tax and Customs Office (NAV) helps to comply with the rules from 1 July with a free billing software – NAV informed MTI on Tuesday. The National Tax...
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Carbon dioxide shortage plagues the British economy
There is a growing carbon shortage in Great Britain. Some producers of soft drinks, beer and meat processing companies have already reduced their production. Market participants are urging government intervention...
Read moreEU protective tariff makes US products more expensive
Domestic companies importing American goods do not have to submit any additional declarations or documents, despite the 25 percent EU protective tariff, but have to pay higher customs tariffs during...
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China spent the most on advertising during the World Cup
Though the Chinese national team did not qualify for the World Cup, the Chinese companies pay huge amounts of money on commercials. The event is a great opportunity for the...
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British scientists have developed an anti-aging chocolate
A daily 7.5g bar of the chocolate can change the underlying skin stucture of a 50 year old to that of someone in their 30s, say developers Its makers say...
Read moreIn Bulgaria, they defend against swine fever by shooting wild boars
The mass shootout of wild boars was ordered in Dobric County, North Bulgaria, after having identified the 15 points of African swine fever (ASP) in the neighboring Tulcea County, Romania....
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FAO and UNHCR launch new tool to save forests in displacement-affected areas
he United Nations’ Food and Agriculture Organization (FAO) and Refugee Agency (UNHCR) launched today a new handbook to help restore forests in displacement-affected areas, where heavy reliance on woodfuel puts...
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Artificial meat is here soon
In the United States and the Netherlands, scientists are close to create artificial meat, as evidenced by the fact that the US Congress is already addressing this issue – agrarszektor.hu...
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Magazine: Trust is the most important!
The baby care product category is driving sales with continuous innovation and promotional activities. Dorottya Póder, junior brand manager of Unilever Magyarország Kft. told our magazine that diaper buyers are open...
Read moreGfK: retail sales may increase by 6 percent this year
Retail retail sales can grow by 6 percent this year in Hungary, while in the EU-28, the average growth will be 2.1 percent, according to a study of GfK’s market...
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AMC launched a campaign promoting domestic melons
A campaign to promote the consumption of domestic melons was launched on Monday by the Ministry of Agriculture (AM), the Agrármarketing Centrum (AMC) and the National Chamber of Agriculture (NAK)....
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