Market News
NiT 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)....
Read moreGMO-free agriculture is a strategic issue
Hungary treats the GMO-free status of agriculture as a strategic issue and acknowledged the importance of gene preservation among the first – the Parliamentary Minister of State of the Ministry...
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Very poor apricot crops are expected
It is possible that we can harvest the poorest apricot crop of the past 10 -15 years this year – Apáti Ferenc, Vice President of the FruitVeB Hungarian Vegetables and...
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Hungarian melons are already available at most chain of stores
Domestically produced melons are available at most of the Hungarian chain of stores, according to market participants. Lidl Magyarország in its communication sent to MTI stated that from last Thursday...
Read moreThe Savings Bank has improved its GDP forecast
Takarékbank’s analysts have slightly increased their forecast for GDP growth this year, from 4.5 percent to 4.6 percent – basically on the basis of boosting investment – Suppan Gergely, senior...
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The NAV follows the turnover of food and drink automats from 1 July
Until 1 July, the companies operating the food and drink automats must install the automated control unit into their machines. In a statement sent to the MTI on Friday, the...
Read moreAgricultural exports to China can be expanded
Agricultural exports to China can be expanded, especially in the exports of high-processed products, – the Parliamentary Minister of State of the Ministry of Agriculture said at the consultation he...
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Magazine: Have a nice meal!
Hungary’s cooking oil market is still dominated by sunflower seed oils. According to Brigitta Kosaras, brand manager of the market leader Bunge Zrt., private label products have been reigning in the...
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GKI’s economic sentiment index reached a new historic peak
GKI’s economic sentiment index reached another peak in June. According to the empirical survey conducted by GKI with the support of the EU, business expectations in June were close to...
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