Market News
The Russians expect record grain production
According to Russian President Vladimir Putin, in Russia, this year, about 130 million tonnes of record crops are expected – origo.hu wrote. Russian Prime Minister Vladimir Putin evaluated the grain...
Read moreIrrigation alleviates the risks of extreme weather
The importance of irrigation was discussed by the Minister of Agriculture at Kisújszállás on the occasion of the Tisza Valley Conference on Saturday. Fazekas Sándor said that irrigation has a...
Read moreNGM: Hungary to protect ekáer
The government is doing its best to defend the domestic electronic road traffic control system (ekáer) that is recognized by the European Court of Auditors as well. The electronic road...
Read moreIn trade with Russia, the EU lost 30 billion euros due to the sanctions
In trade with Russia, the European Union lost 30 billion euros due to the sanctions against Russia until 2017, according to a study published on Friday by the Austrian Economic...
Read moreGrowth in retail sales in the Czech Republic accelerated in August
In August, the annual growth in retail sales increased by 4.8 percent from the 4.6 percent of July, the Czech Statistical Office announced on Friday. The number of working days...
Read moreThere has been a significant increase in global air freight and passenger traffic
The global air freight and passenger traffic increased significantly in the eighth month of the year compared to the previous year, according to the latest data of the International Air...
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The euro area PMI has grown
The September value of the composite purchasing manager index in the euro area indicates sustainable economic growth – the London-based IHS Markit Economics Research Institute revealed on Wednesday. The final...
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Magazine: Wieners and frankfurters
Pork’s price grew considerably in 2017, but despite this trend most market players don’t think that wiener and frankfurter prices will increase much in the end-of-year peak season. Zsuzsa Takácsné Rácz,...
Read moreBest FMCG Employers Excellence Awards presented
On 28 September PwC Hungary and Trade magazine presented the Best FMCG Employers Excellence Awards for the first time, as part of the programme of the Business Days conference –...
Read moreAnalysts: retail sales may increase with 4-5 percent this year
Retail sales may increase by 4-5 percent this year, and macroeconomic analysts interviewed by MTI claim that similar results are expected next year. According to the report of the Central...
Read moreThe Pénzügykutató Zrt. expects a growth of around 3.8 percent this year and for 2018
After last year’s weakening, the Hungarian economy has accelerated. This year and next year, the growth is expected to be around 3.8 percent, according to the latest forecast of the...
Read moreThe Szuro-Trade Ltd. develops a renewable energy system for crop drying
The renewable energy system for crop drying is being developed from more than 1.34 billion HUF by the Szuro-Trade Ltd largely through tender support – the Nyíregyháza-based company – dealing...
Read moreThe importance of fat and fat-soluble vitamins in our diet – Vitamin D for our immune system
Why do eating fats play an important role in our diet? What are fat-soluble vitamins and what’s worth knowing about vitamin D in these? These questions are answered by Héder...
Read moreFAO: Vegetable oils give a lift to FAO Food Price Index
Global food prices rose slightly in September, as firmer prices of vegetable oils and to a lesser extent dairy products offset declining prices for staple cereal grains. The FAO Food...
Read moreRetail sales strengthened
The growth in retail sales continued in August. Store sales were 4.6 percent higher than in the same period of last year, after the 4.2 percent growth in June and...
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The harvest of sugar beet goes well
This year’s sugar beet harvest is proceeding well, both the producers and the processors can look forward to a good season, however due to the cessation of sugar production in...
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NGM: the strengthening of non-food retail trade shows the confidence of the population
The 7.7 percent increase in non-food retail trade reflects a steady increase in public confidence, as it shows that people are buying more and more durable consumer goods – Pomázi...
Read moreFazekas: the pig sector is a strategic area of agriculture
The pig sector is a strategic area of the Hungarian agriculture, which is also indicated by the fact that the sector’s support increased from the 6 billion HUF of 2010...
Read moreThe European Commission has proposed a comprehensive reform in the EU VAT system
The European Commission has presented the most comprehensive plans of the past twenty-five years for EU VAT rules on Wednesday. The plan would reduce the possibility of VAT fraud and...
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The euro area’s retail sales fell unexpectedly in August
Instead of expected growth, the retail turnover of the euro area declined in August, according to a report by the European Union’s statistical office, published on Wednesday. Compared to the...
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Groupama: Young people say that 22 million HUF savings should be enough for a calm old age
Young people between the ages of 18 and 29 expect to retire at the age of 66 and spend an average 18 years as retirees. They estimate that savings of...
Read moreFuture belongs to triticale
The man-bred grain, the triticale, combines the qualities of wheat and rye – agrarszektor.hu wrote. The crop can be grown in economically in poorer soil quality areas and has high...
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Dynamic directions
Media planning and buying specialist New Land Media Kft. – a member of the Lounge group – has been present in the Hungarian market since 2013. The company formed a consortium with...
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60 percent of the Hungarian mushrooms are exported
The most significant cultivated mushroom species in Hungary are csiperke and laska. The mushrooms are very healthy, but the mushroom consumption per person is very low in Hungary, 1-1.5 kilograms...
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70 businesses can expand their capacity from 13.5 billion forints
In order to strengthen its competitiveness and productivity, 70 micro, small and medium-sized enterprises won 13.5 billion HUF support under the Economic Development and Innovation Operational Program (Ginop). Through the...
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Workania: Wages have risen the most in the worst paid sectors
Wage growth this year occured in the worst-paid sectors, compared to the past years, but salaries are still far behind the wages in the top industries – the online survey...
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One of the key elements of plant production is plant species experimental activity
One of the key elements of crop production is plant species experimental activity, as the biological basic is the safety of cultivation for agriculture and forestry – the Minister of...
Read moreIllegal cigarette factory operators were accused
The Metropolitan Public Prosecution has filed charges against people who operated a cigarette factory – Ibolya Tibor Attorney General told MTI. According to his report, the eight men are accused...
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Waste oil collected in Romania
Carrefour Romania has started collecting waste oil from customers, in order to reduce the chain’s ecological footprint. Shoppers can take back 1-4kg of filtered waste oil in transparent bottles. In...
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