Market News
Coca-Cola to launch an alcoholic drink in Japan
Jorge Garduno, president of Coca-Cola’s Japanese division has revealed that they plan to enter the market with Chu-Hi alcopops. Chu-Hi is a canned alcoholic drink traditionally made from a distilled...
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Amazon Key to revolutionise home delivery
Amazon has announced that they will extend the Amazon Key service to all US customers. Amazon Key is an in-home offering that allows delivery people to drop off packages inside...
Read moreThe IMF has improved the Hungarian GDP growth forecast
The International Monetary Fund (IMF) has improved the Hungarian GDP growth forecast for this and the next year in its spring forecast for the world economy. According to the World...
Read moreAgricultural Chamber: autumn sowings are in good condition
Autumn sowings are in good condition due to this year’s mild winter, without snowfall. According to the survey of the National Chamber of Agriculture (NAK), 90 percent of the 1.6...
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The ÖRT checks the industry commitments
The Self-regulatory Advertising Board (ÖRT) does the industry-by-industry monitoring of the implementation of pledges made. For instance the examination of the EU Pledge commitments –voluntary limiting advertising to children – showed...
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Education of conscious consumers in Schools
The purpose of the National Chamber of Agriculture is to strengthen the trust in domestic products at quite a young age. Local producers and products were introduced in schools and...
Read moreThe number of Hungarian SMEs that are able to export has increased multiple over four years
The number of Hungarian small and medium-sized enterprises (SMEs) that are able to export has increased several times between 2014 and 2018, Magyar Levente, Minister of State Secretary of the...
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The vegetable sector calls for price reductions
The VAT on fruits and vegetables is only 3 percent in Spain and 6 percent in the Netherlands. However, the domestic producers have to face a 27 percent VAT in...
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Hungary produces soy well below the demand
Hungary produces soy well below the demand – Gyuricza Csaba, Director-General of the National Center for Agricultural Research and Innovation told M1 news channel on Monday. He said that the...
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Million-dollar developments at the Tokaj-Hegyalja World Heritage Sites
Castles, monuments, religious sites and historic streets are also being renewed in the framework of the “Development of the World Heritage Sites of Tokaj-Hegyalja Historical Wine Region” project. With its...
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ÁSZ: labor market indicators improved between 2006 and 2016
Labor market indicators improved significantly between 2006 and 2016 in Hungary: the number of employed increased by 10.7 percent, while the number of unemployed decreased by 26.3 percent, and the...
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Vodafone: significant progress is expected in the digitalisation of SMEs
Although the telecommunications development in Hungary started in the 1990s, small and medium-sized enterprises (SMEs) started to integrate digital technologies only slowly in the sector, but the process can be...
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The EU would allow higher import duties to be imposed on dumped goods
EU foreign ministers have adopted a position on the modernization of EU trade defense instruments, which would allow higher import duties to be imposed on dumped goods – the Council...
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The country’s largest clothing collection action was launched
The charity action called “Give-and-get-days” is the biggest g cloth collection of the country, whereby the organizers are waiting for the unnecessary, but good-quality clothes until 6 May at the...
Read moreGrowth in retail sales in the United States
In March, primarily due to car sales, retail sales in the United States increased more than expected – according to U.S. Census Bureau’s report published on Monday. In March, retail...
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A statue was set for the English giant cow
A statue was set for the English giant cow in the United Kingdom. The statue is made of steel and it is almost two meters high – agrarszektor.hu wrote. Source:...
Read moreUS retail sales declined further
Instead of the expected growth, retail sales decreased for the third month in February, compared to the previous month in the United States, according to the report of the Census...
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(HU) Valós verseny és további áremelkedés várható az ingatlanpiacon
Sorry, this entry is only available in HU....
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EU money also contributed to last year’s investment record
According to a report by the Central Statistical Office (KSH), the level of investment was up a never-before-seen 16.7 percent in 2017, after the 16-percent decline in 2016. However, in the processing...
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Hungarian grey cattle promoted from 90 million forints
The Association of Hungarian Grey Cattle Breeders successfully applied for HUF 90-million funding from the European Union for promoting meat products in third countries. Products made from the meat of Hungarian...
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Ministry of Agriculture cooperates with bee keepers
The Ministry of Agriculture and the association of Hungarian bee keepers have signed a strategic cooperation agreement. Within the framework of a development programme that started in 2010, the apiculture sector...
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Magazine: The ‘past 8 years’ and the ‘8 years which have almost passed’
Between 2002 and 2016 the consumption level of Hungarian households increased by 14 percent – reported GKI Economic Research Zrt. This was the slowest growth rate if the Visegrád Four...
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Drought prediction system to be launched soon
From mid-April the national drought prediction system is operational. The General Directorate of Water Management (OVF) runs the system that aims at preventing damages in agricultural production caused by extremely dry...
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Nielsen chart of the month
Market share (in value) of the Top 10 best-selling household chemicals and cosmetics across the regions, from the 90 categories audited by Nielsen, in the February 2017 and January 2018 period...
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The European Commission has proposed the strengthening of EU consumer rights
The European Commission has submitted a package of measures to strengthen European consumer rights – the EU commission said. As it has been said, despite the strict consumer protection rules,...
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Protein Program: 6 reasonable moves to spend 8 billion forints
Almost everyone has heard about the National Protein Feed Program in the sector, and in the days it was also found that the framework for the “five-year plan” approaches nearly...
Read moreThe volume of bottled wines may increase in the Szekszárd wine region
With the support of the Rural Development Program (VP), the wineries of the Szekszárd wine region will implemend a nearly two and a half billion forints worth development, with investments...
Read moreThe US consumer sentiment has deteriorated
The US consumer mood index in April deteriorated more than the analysts expected, according to the regular monthly survey of the Michigan University, whose preliminary results were announced. The consumer...
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Vegetable experiment in Antarctica
Antarctica’s nonstop winters make it impossible to grow food outdoors. Fruits and vegetables are instead shipped long distances from overseas, just a few times per year -businessinsider.com wrote. But in...
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