Market News

The buffet trucks reached 250 million HUF turnover during the season

Food Truck Show Hungary Kft. achieved a turnover of 250 million HUF between March-September2017, which is a 35 percent increase compared to 2016 – the company told MTI. Growth in...

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The number of employees is close to four and half million

In the three months last September-November, the average number of employees was 4 million 450 thousand, 36 thousand more than a year before. The employment rate of the 15-64 year-olds...

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Agricultural Chamber: Farmers do not have to worry about the unusually hot January weather

Farmers are worried about the warm weather in January, but according to the National Agricultural Chamber (NAK), the warm weather has no negative impact on most plants, because nature is...

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FAO: do good, save food!

FAO has collected nine easy-to-learn tips in an info-graph, that would prevent from increase, but rather reduce the amount of food waste through our everyday decisions. It is worth re-think...

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The European Commission proposes more transparent and predictable working conditions

The European Commission has adopted a new proposal for a directive on more transparent and predictable working conditions, which supplements and updates existing obligations under which workers should be informed...

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Retail sales increased in Romania

In November, the volume of retail sales grew by 11.4 percent, compared to the same period of the previous year – the Romanian National Statistical Institute announced on Monday. The...

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A daily dose of green lettuce can keep the brain young

A daily dose of green lettuce can help keep memory and keep the brain fresh from age, according to the authors of a US study. Researchers of the Health Center...

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Swine fever appeared again in the Czech Republic

African swine fever was detedted again in the eastern Moravian Zlín region. The Czech authorities have imposed further strict measures. In recent days, the local population found at least seven...

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Magazine: NAV’s online eyes can watch 50,000 billion forints worth of transactions

The test period for online invoicing has already started: with the invoicing software of companies being connected online to the system of the National Tax and Customs Administration (NAV), the...

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FM: The year starts with a VAT reduction in the food industry

From January, a further VAT reduction is taking place in the food industry. Nagy István, the Parliamentary Minister of State of the Ministry of Agriculture (FM) told M1 news channel...

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Vámos György: online retail sales could expand by 20 percent in 2017

The turnover of online commerce has grown to tenfold in ten years, by the end of 2016, reaching 300 billion forints and increased by 20 percent in 2017 – Vámos...

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Bisnode: The number of operating companies fell by 1.22 percent last year

The number of company establishments have increased slightly and the number of company cancellations has decreased considerably. The number of operating companies decreased by 1.22 percent last year in Hungary...

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The world’s most expensive vodka was stolen from a Copenhagen bar

The world’s most expensive bottle of vodka recently disappeared from a bar in Copenhagen. The bar in question, Cafe 33, has over 1,200 different vodka bottles. The missing bottle was...

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FAO: Global tea consumption and production driven by robust demand in China and India

Emelkedni fog globálisan a teafogyasztás és –termelés a következő évtizedben a fejlődő országok erős kereslete miatt. Ez új munkalehetőségeket teremt a vidéken élők számára és javítja az élelmezésbiztonságot a teatermelő...

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Fish producers are preparing for the festive season with a wide fish offer

Fish producers are preparing for the festive season with a wide fish offer, but market prices have risen slightly, compared to last year – the president of the Hungarian Aquaculture...

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The Prime Minister’s Office granted 38 billion forints support for the development of grain storages so far

So far, 838 farmers have been given a grant of 38 billion forints by the Prime Minister’s Office for the construction and upgrading of grain storages and dryers. According to...

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Analysts: the increase of average earnings may be over 12 percent this year

The October growth in average earnings was not a surprise, according to macroeconomic analysts interviewed by MTI, who are expecting an average 12-13 percent wage growth this year. According to...

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13 percent of the Hungarian workers get a 13. monthly salary

13 percent of Hungarian workers receive a 13. monthly salary, and almost every fourth domestic worker receives a Christmas bonus – Világgazdaság Online quotes the latest international survey of the...

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Rétvári: nearly 80 billion HUF will be available for children nutrition next year

Against to the 29 billion HUF of 2010, next year 79 billion HUF can be used for children nutrition – Rétvári Bence, Parliamentary Minister of State of the Ministry of...

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NGM: gross average salary can reach 300,000 forints this year

The gross average salary can reach 300,000 forints even this year and in January it can exceed 310,000 forints – Simon Attila, Deputy Minister of State of the Ministry of...

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FM: traceability has improved in the food chain

According to the experiences of the winter seasonal food chain checks, the food distributors improved their compliance, most of the problems remained with hygiene conditions, but the traceability gap was...

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Turkey Association: stable situation in the sector, reduced buying price

The position of the turkey sector is stable, sudden price movements are unlikely. The price of live turkey was lowered by 8-10 forints per tonne, compared to last year to...

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KSH: earnings grew by 12.8 percent in October

In October, gross average earnings were 295,800 forints, 12.8 percent more than a year before – the Central Statistical Office (KSH) reported on Wednesday. The average net earnings without family...

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“Catch it” flashmob at St. Stephen’s Basilica

The Agrármarketing Centrum and the Ministry of Agriculture popularized the fish consumption with fishy delicacies and with a real curiosity, the flashmob of the Kodály Zoltán Art School at the...

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The anti-counterfeiting panel warns of the dangers of buying counterfeit products

In the last week of the Christmas shopping season, the appearance of counterfeit and uncontrolled sources is particularly risky, so it is worth to buy cautiously – the National Anti-Counterfeiting...

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More than 3.2 tonnes of meat products were withdrawn from the market by Nébih at a market in Budapest

The destruction of more than 3.2 tonnes of expired, unmarked, moldy, heavily polluted and irregularly produced meat products were ordered by the National Food Chain Safety Office (Nébih) in the...

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Orbán: We will not be anybody’s forecourt

Hungary will not be the forecourt of any other country – said Prime Minister Orbán Viktor, referring to the importance of keeping the land in Hungarian ownership at the delegate...

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Századvég: the increase in wages explains the increase in retail turnover

October’s retail trade shows a significant increase, which can be explained by the increase in wages – Regős Gábor, economist of the Századvég Economic Researcher told M1 news channel on...

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Fazekas: 2.6 billion HUF can be used to improve the conditions of fish processing

2.6 billion HUF can be spent to improve the conditions of fish processing from the about 15 billion HUF, resources of the Hungarian Fisheries Operational Program (MAHOP) – the Minister...

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