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Market News

New version of NAK’s smartphone app launched
Date: 2017-12-01 16:41:44

As a result of the first phase of the NAK APP 2.0 project, the services which were formerly only available on the NAK website can now also be used on...

Magosz wins chamber elections
Date: 2017-12-01 16:32:39

At the end of November the members of the Hungarian Chamber of Agriculture (NAK) were voting: from the approximately 360,000 NAK members 47,696 turned up. No less than 88.3 percent...

The year of breaking records
Date: 2017-12-01 14:52:26

From many points of view, this year was about breaking records in Hungary: the consumer confidence index reached the level where it had been before the recession – 76 points...

Nielsen: chocolate Santa Clauses brought the two-thirds of the turnover
Date: 2017-12-01 11:59:26

Chocolates are the biggest favorites of the Christmas holiday season: over 400 million tonnes ie over eight million was sold in October-December 2016, according to the 90 food category of...

KSH: foreign trade surplus was 937 million euros in September
Date: 2017-12-01 11:40:47

In September, the value of exports increased by 5.6, while imports increased by 6.7 percent compared to a year before. Foreign trade sales amounted to 937 million euros, 28 million...

Retail giants sign strategic agreement in China
Date: 2017-12-01 11:33:23

Alibaba Group Holding Limited, Auchan Retail S.A. and Ruentex Group have signed a strategic agreement: they decided to share the experience they have in traditional (offline) and digital (online) retail, in...

This year’s Lidl cookbook published
Date: 2017-12-01 11:25:55

‘A Flavour Trip around Hungary’ is the title of Lidl Hungary’s third cookbook. Zsófi Mautner and Tamás Széll wrote the book, which introduces the traditional and modern sides of Hungarian gastronomy. Lidl...

FM: winemakers no need to issue a stock report in December in the future
Date: 2017-12-01 11:14:36

According to the new excise law that entered into force this year, winemakers do not have to prepare the December stock report – Gál Péter, deputy minister of state of...

Exim expects to lend to half of Hungarian exporting companies by 2021
Date: 2017-12-01 11:13:40

In its medium-term strategy, Eximbank has set itself the goal of achieving half of the Hungarian export companies with its products by 2021, Urbán Zoltán, Chief Financial Officer said on...

A growth in the November Purchasing Manager Index
Date: 2017-12-01 11:12:49

The seasonally adjusted Purchasing Manager Index (BMI) for November was 58.6 points, slightly more than the 58.3 points of September. Compared with previous Novembers, this year’s value exceeds the long-term...

This year, Nébih imposed more than 8 million HUF fish protection fines
Date: 2017-12-01 11:03:37

This year, as compared to last year, the amount of fishery fines imposed by the State Fishery Service (ÁHSZ) on illegal fishing increased by 8 percent. The number of fines...

FM: The ornamental plant sector’s turnover exceeds 120 billion HUF annually
Date: 2017-12-01 11:00:44

The ornamental plant sector’s revenue exceeds 120 billion forints annually and provides the livelihood of almost 25 thousand families – Nagy István, the Parliamentary Minister of State of the Ministry...

VAT cut – reloaded
Date: 2017-12-01 10:57:27

In the last 2 years the VAT on basic food products such as eggs, pork and poultry was reduced, but internet service’s VAT also became lower than the earlier flat rate of 27 percent....

FM: Hungarian milk exports can start to China
Date: 2017-12-01 09:45:06

Thanks to several years of discussions of the Ministry of Agriculture (FM), 13 Hungarian establishments have been allowed to deliver milk and dairy products to the People’s Republic of China...

More from less in the packaging industry
Date: 2017-12-01 09:16:15

Márta Enyedi, Sealed Air’s food care business development leader told our magazine that they manufacture and sell flexible plastic packaging materials (films, vacuum and vacuum shrink bags) in every part...

Paving the way for online FMCG sales growth
Date: 2017-12-01 09:15:43

According to Nielsen’ ‘What’s Next in E-commerce’ study, which analyses the latest online consumption trends in the FMCG sector, while total FMCG sales are increasing by 4 percent a year,...

World-class packaging solutions
Date: 2017-12-01 09:11:50

Miklós Nagy, general secretary of the Hungarian Association of Packaging and Materials Handling (CSAOSZ) told our magazine: the packaging industry realised HUF 588-billion sales in 2016 – the sector’s output...

Global brands in good position
Date: 2017-12-01 09:04:41

Nielsen’s annual brand origin report analyses consumer preferences and emotions in 34 product categories when it comes to buying local or global brands. In former years there was some kind...

Changes in transfer pricing rules from next year
Date: 2017-12-01 09:00:58

In the case of associated companies, the Ministry for National Economy plans to introduce a more complex and complicated registry form instead of the present one. This change will affect not...

Stricter audit systems in quality assurance
Date: 2017-12-01 08:59:38

According to Balázs Bóza, business manager – CRS of SGS Hungária Kft., it is more and more frequent that a company’s owner – in basically all industries – initiates the...

Hungarian retail trade was the second best in Europe in the third quarter
Date: 2017-12-01 08:56:58

In Q3 2017 Hungarian FMCG retail sales grew by 5.3 percent in comparison with Q3 2016. The European average was a 2.8-percent sales growth and only Turkish retail trade outperformed...

Domestic internet users intend to spend 35,000 forints for Christmas gifts this year
Date: 2017-11-30 11:40:22

Domestic internet users intend to spend almost 35,000 HUF on average for gifts this Christmas, about 14 percent more than last year, according to a survey conducted by GÉG Digital....

Growth in retail sales may accelerate further
Date: 2017-11-30 11:30:08

Growth in retail sales may continue to accelerate in the coming months, according to analysts interviewed by MTI. According to the Central Statistical Office, the volume of retail sales in...

The State Treasury paid 254 billion forints to the farmers
Date: 2017-11-30 11:25:56

The Hungarian State Treasury paid 254 billion forints grant to the farmers this year during the prepayment period of direct subsidies – the Hungarian State Treasury (MÁK) told MTI on...

Santa Claus Factory – This year, they are waiting the donations with longer opening hours
Date: 2017-11-30 11:13:23

This year, the Santa Claus Factory receives donations for 22 days in Budapest. The donation center – set up near the Heroes Square – will be open from 9 am...

The döner may be endangered because of a planned EU rule
Date: 2017-11-30 11:10:36

The Turkish fast food developed in the former West Berlin may be endangered because of a planned EU rule – the German newspaper Bild wrote. According to the report, the...

The world’s best wine producing areas are in the greatest trouble
Date: 2017-11-30 11:10:08

This year as little wine was produced in the world as in 1961 – the Paris-based Organization of Vine and Wine (OIV) announced. The downturn is mainly due to bad...

Hungarian proposals should also be included in the EP report on sheep and goat farming
Date: 2017-11-30 11:07:08

The proposals of the Hungarian sheep and goat farmers, including the lump sum support of small pet keepers, the extension of national animal welfare support and the enlargement of pasture...

Hungarian National Trading House: cross-border economic development programs are promoting the development in the homeland
Date: 2017-11-30 11:05:21

“The activity of the trading house is an important complementary tool for economic development programs in foreign areas” – Oláh Zsanett Chief Executive Officer of Magyar Nemzeti Kereskedőház, on Wednesday...

Magazine: Fruit juices rich in fruits and vitamins
Date: 2017-11-30 07:38:48

Coca-Cola Hungary’s experience is that the fruit juice market continued to grow this year. Commercial excellence leader Gábor Ivády told that in the summer fruit juices with a lower fruit content...

Oldal

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New version of NAK’s smartphone app launched Date: 2017-12-01 16:41:44

Magosz wins chamber elections Date: 2017-12-01 16:32:39

The year of breaking records Date: 2017-12-01 14:52:26

Nielsen: chocolate Santa Clauses brought the two-thirds of the turnover Date: 2017-12-01 11:59:26

KSH: foreign trade surplus was 937 million euros in September Date: 2017-12-01 11:40:47

Retail giants sign strategic agreement in China Date: 2017-12-01 11:33:23

This year’s Lidl cookbook published Date: 2017-12-01 11:25:55

FM: winemakers no need to issue a stock report in December in the future Date: 2017-12-01 11:14:36

Exim expects to lend to half of Hungarian exporting companies by 2021 Date: 2017-12-01 11:13:40

A growth in the November Purchasing Manager Index Date: 2017-12-01 11:12:49

This year, Nébih imposed more than 8 million HUF fish protection fines Date: 2017-12-01 11:03:37

FM: The ornamental plant sector’s turnover exceeds 120 billion HUF annually Date: 2017-12-01 11:00:44

VAT cut – reloaded Date: 2017-12-01 10:57:27

FM: Hungarian milk exports can start to China Date: 2017-12-01 09:45:06

More from less in the packaging industry Date: 2017-12-01 09:16:15

Paving the way for online FMCG sales growth Date: 2017-12-01 09:15:43

World-class packaging solutions Date: 2017-12-01 09:11:50

Global brands in good position Date: 2017-12-01 09:04:41

Changes in transfer pricing rules from next year Date: 2017-12-01 09:00:58

Stricter audit systems in quality assurance Date: 2017-12-01 08:59:38

Hungarian retail trade was the second best in Europe in the third quarter Date: 2017-12-01 08:56:58

Domestic internet users intend to spend 35,000 forints for Christmas gifts this year Date: 2017-11-30 11:40:22

Growth in retail sales may accelerate further Date: 2017-11-30 11:30:08

The State Treasury paid 254 billion forints to the farmers Date: 2017-11-30 11:25:56

Santa Claus Factory – This year, they are waiting the donations with longer opening hours Date: 2017-11-30 11:13:23

The döner may be endangered because of a planned EU rule Date: 2017-11-30 11:10:36

The world’s best wine producing areas are in the greatest trouble Date: 2017-11-30 11:10:08

Hungarian proposals should also be included in the EP report on sheep and goat farming Date: 2017-11-30 11:07:08

Hungarian National Trading House: cross-border economic development programs are promoting the development in the homeland Date: 2017-11-30 11:05:21

Magazine: Fruit juices rich in fruits and vitamins Date: 2017-11-30 07:38:48