Market News
The extreme weather may cause great damages to agriculture again this year
The effects of climate change also increase the sensitivity of the plants. In this context, only last year, Generali paid for nearly 1,500 agricultural damages: for example, the insurance company...
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Japanese love edible shelled bananas
Consumers from all over the country have traveled to the southwest of Okayama specifically for edible shelled bananas. And although a special banana’s costs 6 USD (1,500 HUF) a piece,...
Read moreDynamic growth in retail sales continues
Retail sales will increase in the next few months at a rate similar to last year, according to analysts interviewed by MTI. On the basis of the data released by...
Read moreAnalysts: Foreign trade impoves
Although the surplus of the foreign trade balance declined in October, the turnover grew significantly, according to macroeconomic analysts interviewed by MTI. Suppan Gergely, analyst of Takarékbank pointed out that...
Read moreNébih: No swine fever virus has been detected in Hungary so far
The presence of the virus of the African swine fever (ASP) has not been detected so far in Hungary – the National Food Chain Safety Office (Nébih) confirmed it to...
Read moreFM: The success of agriculture depends on adaptation
The success of Hungarian agriculture depends on whether digitalisation can be used, how quickly it applies the most up-to-date computing techniques and precision management – the Parliamentary Minister of State...
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The Food Bank saved more than 9,000 tons of food last year
Almost 400 trucks, 9300 tons, and 5.2 billion HUF worth foods were saved by the Hungarian Food Bank Association last year, helping to more than 300,000 needy people. In its...
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EBay expects that in the first months of 2018, more businesses will start trading online
New Year is often a period of new beginnings. This is true even if we plan to launch an online business – according to eBay’s survey. The data shows that...
Read moreConsumers to be free to order online
In the future, consumers will have the freedom to choose where they can order via the net, because online retailers can not refuse their purchase intention on the basis of...
Read moreRomanian retail sales volume grew by 10.7 percent last year
Last year, the volume of retail sales grew by 10.7 percent compared to the previous year in Romania – the Romanian National Statistical Institute announced on Monday. Sales of non-food...
Read moreMost executives are optimistic, but IT developments may stagnate
The Rentasystem has released its fourth annual survey on IT investments and financing background of the domestic SMEs and large companies. This year, the survey also covered production equipment and...
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Magazine: Swedish cuisine has its own treasures
Although Scandinavian cuisine isn’t the best-know in European gastronomy, we get the chance to try some typical Swedish dishes in the restaurants of IKEA stores. The Swedish like meat very much...
Read moreKSH: retail sales increased by 4.8 percent last year
Together with the 4.7 percent increase in December, retail sales grew by 4.7 percent last year as a whole, compared to the previous year. According to the calendar effect adjusted...
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NMHH: the number of product placements has increased significantly
According to the National Media and Communications Authority (NMHH), the number of product placements increased by 75 percent in the first half of 2017, compared to the same period of...
Read moreThe Seed Association published a 92,000 HUF net price per tonne for sealed seed of spring cereals
The Seed Association Interprofessional Organization and the Board of Products has published a net price of 92,000 HUF per tonne for sealed seed of spring cereals. According to the interbranch...
Read moreBisnode: The most risky industry is the food industry
Last year, the number of termination procedures affecting business companies fell by 9.3 percent, thus initiating one-seventh fewer payment procedures – according to Bisnode Magyarország Kft.’s latest analysis of last...
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Special Hungarian fruit varieties to be promoted
The vote initiated by the Hungarian Horticultural Propagating Material Nonprofit Kft. (MKSZN) promotes special Hungarian fruit varieties – was said on M1 news channel on Sunday. Kasztovszky Zoltán, Managing Director...
Read moreA village economist office was opened in Mezőcsát
The Hungarian National Agricultural Chamber (NAK) has opened a village economist office in Mezőcsát, Borsod-Abaúj-Zemplén county. At the event, Tállai András, Minister of State of the Ministry of National Economy,...
Read moreCIB Fund Manager: Economic growth will be around 3.8 percent this year
In Hungary, the CIB Fund Manager is expecting a recurring growth of 3.8 percent in 2018. According to the company’s expectations, global GDP could grow by 4.1 percent, after the...
Read moreGMO-free products are a competitive advantage for Hungary
It is a competitive advantage for Hungary to produce GMO-free products that can be sold at a higher price on the world market Gyuricza Csaba, Director-General of the National Agricultural...
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Flour price increase to come again
The costs in the mill industry increased significantly, since the average 5 percent increase occured after the 2017 harvest, so it is not possible to delay the further increase in...
Read moreKSH: foreign trade surplus has decreased
Last November, the euro-denominated exports grew by 6.4 percent, imports increased by 8.1 percent year-on-year, and foreign trade surplus was 84 million euros less: 713 million euros, according to the...
Read moreThe Y generation consume a variety of digital devices 11 hours a day
The members of the Y generation (also known as the Millennium Generation) spend up to 11 hours a day with a variety of digital devices – according to the survey...
Read moreThe National Agricultural Research and Innovation Center has received funding for climate change research
The National Agrarian Research and Innovation Center (NAIK) won 635.61 million HUF EU funding for climate change research. The NAIK told MTI on Thursday that research has been conducted at...
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The Service Center of the Agricultural Chamber was handed over in Karcag
The National Chamber of Agriculture (NAK) opened its sixth NAK Service Center in Karcag providing information and consulting services to farmers, businesses with the involvement of external professional partners. The...
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Magazine: Data protection deadline
Although the General Data Protection Regulation (GDPR) of the European Union entered into force in May 2016, companies have time until 25 May 2018 to change their data management procedures...
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New beverages at the selection of Future Store – We invite you to take a closer look at it!
Within the compass of SIRHA Budapest 2018, the meeting point of Future Store is about to introduce a wide range of product developments. Now it’s time to call your attention...
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FruitVeB: the Hungarian fruits and vegetables will be promoted again this year
The fruits and vegetables promotion campaigns of the Hungarian Vegetables and Fruit Interprofessional Organization and Product Council (FruitVeB) will continue this year. Within the campaign, one of the most important...
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