Market News
In Bulgaria, they defend against swine fever by shooting wild boars
The mass shootout of wild boars was ordered in Dobric County, North Bulgaria, after having identified the 15 points of African swine fever (ASP) in the neighboring Tulcea County, Romania....
Read more
FAO and UNHCR launch new tool to save forests in displacement-affected areas
he United Nations’ Food and Agriculture Organization (FAO) and Refugee Agency (UNHCR) launched today a new handbook to help restore forests in displacement-affected areas, where heavy reliance on woodfuel puts...
Read more
Artificial meat is here soon
In the United States and the Netherlands, scientists are close to create artificial meat, as evidenced by the fact that the US Congress is already addressing this issue – agrarszektor.hu...
Read more
Magazine: Trust is the most important!
The baby care product category is driving sales with continuous innovation and promotional activities. Dorottya Póder, junior brand manager of Unilever Magyarország Kft. told our magazine that diaper buyers are open...
Read moreGfK: retail sales may increase by 6 percent this year
Retail retail sales can grow by 6 percent this year in Hungary, while in the EU-28, the average growth will be 2.1 percent, according to a study of GfK’s market...
Read more
AMC launched a campaign promoting domestic melons
A campaign to promote the consumption of domestic melons was launched on Monday by the Ministry of Agriculture (AM), the Agrármarketing Centrum (AMC) and the National Chamber of Agriculture (NAK)....
Read moreGMO-free agriculture is a strategic issue
Hungary treats the GMO-free status of agriculture as a strategic issue and acknowledged the importance of gene preservation among the first – the Parliamentary Minister of State of the Ministry...
Read more
Very poor apricot crops are expected
It is possible that we can harvest the poorest apricot crop of the past 10 -15 years this year – Apáti Ferenc, Vice President of the FruitVeB Hungarian Vegetables and...
Read more
Hungarian melons are already available at most chain of stores
Domestically produced melons are available at most of the Hungarian chain of stores, according to market participants. Lidl Magyarország in its communication sent to MTI stated that from last Thursday...
Read moreThe Savings Bank has improved its GDP forecast
Takarékbank’s analysts have slightly increased their forecast for GDP growth this year, from 4.5 percent to 4.6 percent – basically on the basis of boosting investment – Suppan Gergely, senior...
Read more
The NAV follows the turnover of food and drink automats from 1 July
Until 1 July, the companies operating the food and drink automats must install the automated control unit into their machines. In a statement sent to the MTI on Friday, the...
Read moreAgricultural exports to China can be expanded
Agricultural exports to China can be expanded, especially in the exports of high-processed products, – the Parliamentary Minister of State of the Ministry of Agriculture said at the consultation he...
Read more
Magazine: Have a nice meal!
Hungary’s cooking oil market is still dominated by sunflower seed oils. According to Brigitta Kosaras, brand manager of the market leader Bunge Zrt., private label products have been reigning in the...
Read more
GKI’s economic sentiment index reached a new historic peak
GKI’s economic sentiment index reached another peak in June. According to the empirical survey conducted by GKI with the support of the EU, business expectations in June were close to...
Read moreHungary is the fourth cheapest country in the EU
In 2017, Denmark was the most expensive country in the European Union and Bulgaria was the cheapest. Hungary was the fourth cheapest country on the list after Poland, Romania and...
Read moreAnalysts: growth can be higher than expected all year
The growth of Hungary’s GDP in the first quarter was slightly higher than expected. As a result the Takarékbank and ING Bank have already upgraded their growth expectations for the...
Read more
Milk fat grew by more than a quarter in a year
Industry analysts have warned for this trend for months, but they did not even expect such a change. The fat value of milk grew by be 27 percent, while its...
Read more
The FruitVeb and the Budapest Wholesale Market renewed their cooperation
Házi Zoltán, Chief Executive Officer of the Budapest Wholesale Market emphasized the development of infrastructure and the importance of the flow of information at the press conference of the Second...
Read moreThousands of boxes of cigarettes were found in a Serbian smuggler’s car in Zala county
Three thousand boxes of cigarettes were found hidden in Zala county in a Serbian citizen’s car – the press officer of the NAV’s Zala county directorate told MTI. Joó Hilda...
Read more
Magazine: Premium care, widening category
Both the toilet paper and the facial tissue segment realised a one-digit sales growth in value – 2017 was a successful year for brand manufacturers. Among toilet paper products 3-ply, scented...
Read more
KSH: growth in earnings continued to accelerate
In April 2018, the gross average earnings reached 340,600 forints, which is 12.6 percent higher than a year before. In the fourth month of the year, the rise in earnings...
Read more
Hungarians purchase safe Hungarian eggs
Eggs from abroad can carry health risks, so the Hungarian Chicken Hybrids-Breeders and Egg Producers Association recommends to buy Hungarian eggs from controlled production sources. According to the Association’s announcement...
Read more
Labor shortage affects Hungarian vegetable production
The lack of labor force is a growing problem in the fruit and vegetable sector, which can now have a negative impact on the quality of crops as well –...
Read more
Nébih’s latest product test identified markup errors
The Gluten-Free Spaghetti Test of the National Food Chain Safety Office (Nébih) found the 9 controlled products adequate, but initiated regulatory proceedings against the responsible entrepreneurs of 3 products for...
Read more
The regulation of units without automatic monitoring unit can be changed
On the basis of the rules currently in force, units that can not be connected to the AFE system can not be operated after 30 June 2018. The National Chamber...
Read more
Consumer sentiment in the euro area and in the EU also fell in June
Consumer confidence in the euro area and in the European Union has also deteriorated in June, according to a preliminary estimate published by the European Commission on Thursday. The consumer...
Read moreIrrigation would cost hundreds of billions, but it would generate serious extra income
A 180-page study was conducted by the Agricultural Research Institute on the development of irrigation. Researchers took into account the water needs of plants, soil conditions and water resources, and...
Read more
Last year was a good one for wholesalers too
In 2017 not only retailers had a good year, but also the wholesalers that serve both the retail and the Horeca segments. Wholesalers sold products for HUF 1,000-1,200 billion to Horeca...
Read moreKSH: the growth of retail sales continues
Retail sales, calculated on unchanged price increased by 4.3 percent in April, compared to the data of a year before. Seasonally adjusted retail sales – mainly due to the Easter...
Read more
The Ministry of Finance proposes decreasing milk VAT and increasing public health product tax
The Ministry of Finance has submitted its bill on tax changes for next year – Varga Mihály Finance Minister informs. In line with the government’s goal of charging the most...
Read more
