Market News
Consumers became more informed in the second quarter according to a survey
Consumers became more informed in the second quarter as the number of respondents who reported that they knew the shelf life of food and certain products, such as shoes, increased...
Read moreThe number of corporate bank cards is increasing
The number of business bank cards issued in Hungary has increased dramatically over the past two years, while the total market has virtually stagnated in terms of the number of...
Read moreThe Latin American agricultural market opens
The South American Common Market (Mercosur) negotiated on the Free Trade Agreement with the European Union at its summit – Világgazdaság Online wrote. At the Argentine Summit of South America’s...
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Nearly 50 percent increase in the support for children’s meals
According to the Parliamentary State Secretary of the Ministry of Human Resources, the amount spent on one-day summer meal for a child increased by nearly 50 percent, from 370 HUF...
Read moreLess wheat and rape were produced this year in Tolna
Last year, five percent less winter wheat was harvested in Tolna County, while rapeseed production decreased by 10 percent, compared to the 2016 average; Producers explain the loss in crop...
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Euro area growth lost momentum in July
In July, the preliminary value of the Manufacturing Industry’s Purchasing Manager Index (PMI) decreased to 56.8 points, to its three months nadir from the 57.4 points of June in the...
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Artificial intelligence tells you what foods are made from which raw materials on the basis of photographs
US scientists have developed an artificial intelligence that explores what kind of raw materials are used to study a food photo. The aim of the Massachusetts Institute of Technology’s (MIT)...
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MGYOSZ for vocational education
On 31 May 2017 the Confederation of Hungarian Employers and Industrialists (MGYOSZ) announced at a press conference: in the autumn they will organise a series of programmes in every county,...
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A melon trade mark is planned to be introduced
The introduction of the melon trade aims to make consumers distinguish the Hungarian melons from foreign melons easier – Horváth Zoltán, Baranya county government commissioner told M1 news channel on...
Read moreThere is no rural development without subsidies
European farmers can not operate profitable without subsidies and support. But these must be spent on increasing competitiveness and income must be generated – Győrffy Balázs, president of the National...
Read moreThe first unified packed cigarette pack was released
The first unified packed cigarette pack was released at the tobacco shops in Hungary – Demjén Tibor, of the Ministry of Human Resources (EMMI) told MTI. According to the regulation...
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MNB: Vending machines should be upgraded to accept the new banknotes
The National Bank of Hungary has called the attention of the operators of parking, ticket machines, beverage and vending machines that after one can pay with the old 2000 and...
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Waste management: an obligation that has turned into a value
Nowadays it is trendy for companies to be green, but in addition to this changes in legislation have also contributed to making firms manage their waste in a more conscious...
Read moreK&H: agrarian companies do not exploit the opportunities to increase efficiency
The agrarian companies do not exploit the opportunities to increase efficiency, most of them are cutting costs and increasing production, but at the same time little attention is given to...
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NGM: the government continues the program to expand the number of credit card acceptance points
The government decided to support another 30,000 credit card acceptance points, with the help of the government program announced in December 2016. The government program will allow you to pay...
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KSH: the average earnings reached a double digit growth in May
In May, gross and net average earnings were 12.9 percent higher than in the same period of the last year, after the 14.6 percent growth of April and the 12.8...
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Emmi: the government is supporting fundraising NGOs
The government is supporting the operation of NGOs with an application that was announced on Thursday. From the 185.5 million forints fund, foundations, associations and associations could receive money that...
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Consumer sentiment in the euro area deteriorated somewhat
In July, consumer confidence in the euro area and in the EU as a whole lagged behind the previous 16-month peak of the previous month, according to preliminary data published...
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More than 41 million counterfeit goods were seized across the EU last year
More than 41 million counterfeit products were seized by the customs authorities of the member states of the European Union (EU) last year at the EU’s external borders. The total...
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Operative lease is a better choice
Kálmán Tekse, vice president of the Hungarian Leasing Association is of the opinion that the SME sector is more and more interested in operative leasing schemes, which is one of...
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On the right track
iData Kft. pays special attention to solving the problems of customers from the FMCG sector and their partners. They focus on freight transport companies and firms with vehicle fleets. iData...
Read moreTobacco harvest has begun in Eastern Hungary
The tobacco harvest has began in East-Hungary. The weather is favorable for arable crops, so producers are hoping for outstanding tobacco production this year. Bényei Illés, President of the Hungarian...
Read moreA program will be launched to strengthen the authenticity of the Hungarian wines
A program will be launched to strengthen the authenticity of the Hungarian wines. With the help of a modern method, the origin map of the Hungarian wines will be created,...
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Bank lending may accelerate
London Financial Analysts predict on Wednesday that the pace of bank lending in Hungary is expected to accelerate in the next two years. The BMI Research financial and economic analyst,...
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Food vending machines: the government provides extra source for purchasing the supervisory unit
The Government has approved a further 1.44 billion HUF funding to support food vending machine automation supervisory units, according to a Government Decree published Wednesday in the Hungarian Gazette (Magyar...
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What you should know about margarine in a nutshell
Dietary fat is a vital part of balanced nutrition. Margarine is one of its widely spread source. Margarine is often discriminated, compared to butter but it is important to point...
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By the end of June, 238 billion HUF loans were requested at the MFB Points
According to the communication of the 4-member consortium – Takarékbank Zrt., B3 Takarék Szövetkezet, FHB Bank Zrt. and the Budapest Bank Zrt., 77.6 billion HUF worth requests were positively evaluated...
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Money can be saved on commercial vehicles
Tibor Szilveszter, sales and marketing director for vans at Mercedes Benz told Trade magazin that thanks to the engineering innovations of Mercedes-Benz, drivers can bring the most out of their...
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Safety depends on the quality of tyres
The fleet sector is of strategic importance for market leader Abroncs Trade House. Sales director Árpád Tiszay told Trade magazin that Hungary’s most modern tyre service centres, a large stock...
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Cocoa has not been so cheap for ten years
Global cocoa prices reached near historically low levels for ten years with continuous decline. The decline was caused by the fact that the increase in Chinese demand is less than...
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