Market News
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...
Read more
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...
Read moreNébih: 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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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,...
Read moreKSH: 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...
Read moreHungarian 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...
Read more
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...
Read more
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...
Read more
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,...
Read more
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...
Read more
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...
Read moreThe 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...
Read moreAgricultural 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...
Read more
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...
Read moreOrbán Viktor has completed consultations on the formation of his new government
In accordance with a request from President of the Republic Áder János, Prime Minister Orbán Viktor has been holding consultations on the formation of his new government in the past...
Read moreHNT: wine prices can grow
The National Council of Mountain Villages (HNT) expects wine price increase, due to the rising foreign demand and rising production costs. According to the organization’s announcement published on Thursday, last...
Read moreEuropean Commission: the growth of the Hungarian economy will remain strong in 2018
The growth of the Hungarian economy will remain strong in 2018, but it is expected to slow down in 2019, as the construction industry’s opportunities will be more limited and...
Read more
Kibérelem.hu – Fill it with business!
A brand-new, innovative entrepreneur and community-friendly website started to operate in the partnership of the Budapest Municipality and the Budapest Chamber of Commerce and Industry. In Budapest, it is a...
Read more
Eurozone’s inflation was lower than expected in April
Eurozone’s inflation was worse than expected in April, according to the preliminary figures published by the European Union’s statistical office (Eurostat), published on Thursday. Consumer prices increased by 1.2 percent...
Read more
The Indonesians replace beef with import buffalos
Indonesia has set an ambitious economic goal. The South East Asian country wants to be completely self-sufficient from cattle – origo wrote. However, the issues of cattle breeding are causing...
Read more
Alcohol prices jump in Scotland
Due to the law – adopted by the Parliament in Edinburgh six years ago, but introduced only on Tuesday, due to lengthy legal encumbrances – on the minimum price of...
Read moreEuler Hermes: prosperity continues in food retailing
Growth in consumer demand drives the growing sales of retail chains, but a number of risk factors are gaining momentum in the Hungarian market – the latest industry analysis of...
Read more
PayPal – in Hungarian
PayPal is a global online payment, sending and receiving platform. Since its launch in Hungary, PayPal has launched a number of innovative payment solutions that make online payments easier and...
Read more
BalatonBor: more than ever wineries have joined to the regional wine brand this year
With the participation of 28 wineries from the North and South Balaton, the third vintage of the BalatonBor (BalatonWine) the wine community brand of the region was prepared. The BalatonBor...
Read more
MLBKT: the April Purchasing Manager Index continued to increase but slowed somewhat
The seasonally adjusted value of the Purchasing Manager Index (PMI) in April was 53.3 points, lower than the 57.0 points of March and the seventh highest April value – the...
Read more
When to apply the minimum tax
In recent years there has been a significant increase in the number of companies that may be affected by the so- using minimum income (profit) rules. What exactly is the...
Read more
