Market News
Golden jaundice appeared in Pécs
Plant healthcare closure has been ordered in Pécs because of the appearance of the golden yellow jaundice of the vine – the MTI was informed on Wednesday. According to Lovász...
Read moreOnline payment will be safer
The European Commission has adopted new rules to make transactions with credit cards safer and to make electronic payments made online more secure, to reduce the scale of payment fraud...
Read moreThe Hungarian economy grew by four percent last year
According to the raw data, the gross domestic product (GDP) rose by 4.4 percent in the fourth quarter of last year, compared to the same period of last year. According...
Read moreAnalysts: consumer prices may grew slightly
In January, consumer prices were 2.1 percent higher than in the previous year and 0.3 percent higher than in December. Analysts interviewed by MTI expect a slow increase in consumer...
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Nielsen: plush heart and praline on Valentine’s Day
The sale of praliné was close to 2 billion HUF in February 2017, which is a 14 percent increase in value and a 10 percent increase in volume, compared to...
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The FOME and the Magyar Termék Kft. work together to strengthen the Magyar Termék trademarks
The Hungarian Association of Consumer Protection (FOME) and the Magyar Termék Nonprofit Kft. (Hungarian Product Nonprofit Ltd.) have signed a cooperation agreement to strengthen the reliability of the Magyar Termék...
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Agricultural exports last year amounted to nine billion euros
Agricultural export last year reached a historical record of about 9 billion euros, while in 2010 it was only 5.2 billion euros – Fazekas Sándor, Agriculture Minister told M1 news...
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GKI Digital: Sex, Romance or Little Gifts – How to Celebrate Valentine’s Day?
The flipping around the Valentine’s Day in Hungary is growing bigger and bigger every year. The question then arises whether the “holiday of love” has been justified in Hungary as...
Read more8 seconds and the Z generation is no longer listening to you
Generational challenges in the world of economy and marketing The Z generation is able to listen for less than ever, they are always available online, but reject the ads they...
Read moreHungarian National Trading House: Subcarpathian successes
The successful operation of the Magyar Nemzeti Kereskedőház (MNKH) in Transcarpathia is well demonstrated by the fact that the MNKH has established a day-to-day cooperation with about 500 Transcarpathian companies,...
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The export of French wines reached a record
The export of French wines and spirits reached a record last year. Sales increased by 8.5 percent, with more than one billion euros, primarily due to Chinese and American interest...
Read moreThe goal is to further increase honey consumption
Although more than doubled (to 70 dkgs a year for each person) honey consumption in Hungary is still far below the EU average of 1.7 kilograms – the Minister of...
Read moreKSH: Cigarette, alcohol and food prices have risen the most
In January, consumer prices were 2.1 percent higher than in the previous year and were 0.3 percent higher than in December – the Central Statistical Office (KSH) announced on Tuesday....
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Strategic cooperation between the Agricultural Chamber and MÉDOSZ
The National Chamber of Agriculture (NAK) concluded a strategic cooperation with the Agricultural, Forestry, Food and Water Workers’ Trade Union (MÉDOSZ) on Tuesday, in order to increase the retaining power...
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“The long forgotten plant” has risen
The Szarvaskerep loves the country’s rainy climate. But researchers of the University of Debrecen do not let it extinct. Seeds available in Hungary are now largely from Western Europe, where...
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Chinese-Hungarian agrarian relations may be expanded
The delegation from the Chinese Autonomous Province of Ningxia-Huj was informed about the results of the grape wine and the grain results in Hungary and the possibilities of professional cooperation...
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Magazin: More land used to grow wheat on the Northern Hemisphere
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that farmers will soon finish sowing wheat seeds on the Northern Hemisphere. According to...
Read moreThirty Hungarian wines were included in this year’s wine selection of the Ministry of Foreign Affairs
This year’s wine selection of the Ministry of Foreign Affairs (KKM) includes 30 high quality Hungarian wines, representing the Hungarian wine culture at foreign missions and KKM diplomatic events. Wines...
Read moreNébih punishes with grant-deduction
Approximately 3,000 farmers can count on the deduction of subsidy due to the fact that they have not submitted electronic business report (webGN) to the National Food Chain Safety Office...
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Employees with a changed ability to work are good for the companies
This year, a company with more than 25 employees who does not employ a sufficient number of people with reduced working capacity has to pay 1,242,000 HUF rehabilitation allowance –...
Read moreNew bacterial strain in organic farming
Scientists from the University of Szeged (SZTE) found a new bacterial strain that can be used in organic farming. The patented strain is naturalized by one of the largest biocontrollers...
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Fake cow registrations in the Netherlands
Signs of fraud in the registering of dairy cows were found at 2,100 cattle farms, Minister Carola Schouten of Agriculture, Nature and Food Quality announced in a letter to the...
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World food prices fell in November
World food prices declined. The food price index calculated by the United Nations Food and Agriculture Organization (FAO) dropped by 0.5 percent, to 175.8 points from the previous 176.6 points....
Read moreThe low-grade Chinese honey will be controlled more strictly
In the future, the Hungarian National Beekeeping Association (OMME) and the National Food Chain Safety Office (Nébih) will pay more attention to the quality control of honeys sold in Hungary...
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Magazine: Strong Swedish presence in Hungary
At the moment there are about 180 Swedish companies present in Hungary and they employ approximately 17,000 people. Márta Böddi, the office manager of Business Sweden in Budapest told our magazine...
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Experience, personalised shopping, technological innovations
Analysts say online sales will become 2-3 times bigger in Hungary in just 5 years’ time. In addition to technological innovations, it is also important that online retailers can now...
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Members of Generation Y use gadgets 11 hours a day
The so-called Millennials – members of Generation Y – use various digital devices 11 hours a day, revealed a survey conducted by Nielsen in the United States. It turned out...
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Hungarian consumer confidence at a 10-year peak
In the 3rd quarter of 2017 the Hungarian consumer confidence index reached another record height with 76 points. The European average was 87 points – revealed a 63-country online survey...
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CEOs are optimistic all over the world
Between August and November 2017 PwC interviewed 1,293 CEOs in 85 countries, within the framework of the company’s 21st Global CEO Survey. Results were revealed at the World Economic Forum in...
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