Market News
Robotized vegetable production to come
An American company establishes a “vegetable factory” in a settlement of California’s Silicon Valley, where they will produce salad and herbs under the supervision of a robot system. The robot...
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Bank lending in the euro area has slowed
The growth in companies’ bank lending outside the financial sector slowed down in the euro area in December and retail lending stagnated, according to the monthly report of the European...
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The larger the seed mass, the smaller the spread
The larger the seed of a plant species, the narrower the area of distribution – this hypothesis was confirmed by the staff of the MTA-DE Impact Functional and Restoration Ecological...
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Magazine: Robots are the new steam engines: industrial revolution reloaded
We are living in the age of the fourth industrial revolution and this will result in major changes in the FMCG market as well. According to Balázs Tordai, head of Industry...
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Nébih: all pork bolognas have met the requirements
The National Food Safety Authority (Nébih) tested thirty kinds of pork bolognas, during its latest product test. All of the tested products met the criteria from a food safety point...
Read moreBeer consumption increased last year
Beer consumption in Hungary is usually influenced by weather. However, this year’s football world championship can increase the quantity and value of beer consumed by Hungarians. Craft and premium beers...
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Censuses in the orchards again
There will be orchard census in Hungary between 14 February and 16 April. Compared with previous censuses, the list of fruit species is expanding – agrarszektor.hu wrote. According to the...
Read moreThere is a need for a strong EU common agricultural policy with adequate resources
The EU’s common agricultural policy must serve quality, natural and healthy food production. Hungary supports GMO-free production, while the farming policy must also help ensure the livelihood of the rural...
Read moreRetail sales rose in Russia last year
Last December, retail sales growth was higher than expected, while unemployment stagnated as expected. In December last year, the country’s retail sales grew by 3.1 percent year-on-year after the 2.7...
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Fuel consumption increased by more than 3 percent last year
Last year, fuel consumption grew by 3.3 percent, to almost 3 billion 469 million liters, including gasoline demand by 3.4 percent and petrol by 3.2 percent year-on-year. According to the...
Read moreMany Americans spend more on coffee or on a gift than investing
Last year, three Americans spent more on coffee than on investment – according to the Acorns financial application. According to the survey – that involved 3,000 adults aged 18-44 –...
Read moreThe growth of the Chinese smartphone market has stopped
After eight years of continuous expansion, the sales of smartphones declined in China last year, but the sales of some domestic manufacturers have been growing steadily. Sales of mobile phones...
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Eurostat: 2.03 percent of the EU’s GDP was spent on research and development last year
The Member States spent 2.03 percent of the European Union’s gross domestic product (GDP) on research and development (R & D) last year, just as in the previous two years....
Read moreSmaller yields caused one hundred billion HUF reduction in revenue to the cereal producers
Last year about 13 million tons of grain were produced in Hungary, which is 2 million tons less than in the previous year, and the loss of yield caused about...
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It is strategically important for the Takarék Group to finance agriculture
The financing of agriculture is strategically important for the Takarék Group. The Takarék Group would raise its market share of 22-23 percent to 27-28 percent by 2021 in this area....
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NGM: The demand for industrial goods increases retail turnover
As the result of investments from household savings, the trade of non-food products continues to grow further this year – the Deputy Minister of State of the Ministry of National...
Read moreFM: wages need to be increased in the gardening sector
Wages need to be increased in the horticultural sector, which is only possible through the increase of productivity and investment willingness – the Deputy Minister of State of the Ministry...
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The agricultural ministers of the V4 countries and Croatia adopted a joint declaration on the new agricultural policy
A joint statement was adopted by the Visegrád countries’ Ministers of Agriculture (Czech Republic, Poland, Hungary and Slovakia) and the Minister of Agriculture of Croatia on the Common Agricultural Policy...
Read moreIndustry and government experts in logistics also call for improved competitiveness
To improve the competitiveness of the logistics sector and counteracting market protection measures of the Western European countries are essential for Hungarian players in the sector to retain their market...
Read moreYou can save significant amounts with optimized crop drying
Farmers can save up to 10 to 40 percent of their costs by optimizing grain drying with the precision method – Speiser Ferenc, Chief Executive Officer of the RS Kereskedelemi...
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Czechs are unbeatable in beer drinking
When it comes to beer drinking, the Czechs are unbeatable. A new study explored how much beer is consumed by people in each country in 2017. Last year an average...
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The new 1,000 HUF bank note comes from March
The National Bank of Hungary started the renewal of the forint banknotes in 2014. Within the framework of the program, four of the six denominations have been renewed in recent...
Read moreConsumer confidence increased in Germany
Experts expected stagnaton, but the German consumer confidence has risen, according to a survey published by GfK on Thursday. The Nuremberg Market Research Institute’s consumer mood index in February was...
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Magazine: Private labels are working hard to offer high quality
Private label products can now be found in basically all categories, from fresh and frozen foods to cosmetics and cleaning products. In Hungary the increase in real wages had a positive...
Read moreThe Future Store returns at the SIRHA trade show – join us!
Trade magazine – the market leading trade magazine of the FMCG sector – is the official journal of the SIRHA Budapest 2018 trade fair. Trade magazine is always present at...
Read moreKSH: Retail sales increased even higher than previously indicated
In November last year, retail sales were 6.7 percent higher than in the previous year, according to both the raw and calendar adjusted data, according to a second estimate of...
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(HU) GKI: Az „elmúlt 8 év” és a „majdnem elmúlt 8 év”
Sorry, this entry is only available in HU....
Read moreEquilor: 3.5 percent GDP growth is expected for 2018 and 3.3 percent for 2019
The Hungarian economy is still in a good state and the factors supporting GDP growth provide a favorable environment, so the analysts of the Equilor Investment Ltd. expect a 3.5...
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The Hangya wants a more favorable environment for agrarian associations
The Hangya Co-operatives Cooperation (Hangya) initiates the creation of a more favorable business environment for the agricultural cooperatives at the government. Last December, Patay Vilmos, the president of the organization,...
Read moreOnly half of the Hungarian SMEs are active digitally
Only half of Hungarian SMEs are active digitally. Only every second business has its own website, and nearly every third company tries to survive without marketing – was said at...
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