Market News
There is less wheat, but the supply is guaranteed
Because of the damage caused by the extreme weather, 10 to 20 percent less grain will be harvested. About 4 million tonnes of wheat can be expected after last year’s...
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The government gives support to food vending machine operators
According to the draft of the NGM’s decree for the support of the food and drink vending machine supervisors, the government provides 120,000 HUF for the purchase of the so-called...
Read moreAgrarian Chamber: drought can cause 100 billion HUF damage to maize production
Drought can cause damage to 100 billion HUF in terms of maize production, and the National Chamber of Agriculture (NAK) requested from the Minister of Interior Pintér Sándor to proclaim...
Read moreRaiffeisen analysts have raised their growth forecast this year to 3.8 percent
Raiffeisen Bank analysts have upgraded their expectations for the GDP growth to 3.8 percent from the previous 3.2 percent for 2017 – Török Zoltán, senior analyst at Raiffeisen Bank said...
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KSH: the number of employees has increased
The average number of employees was 4 million 393 thousand in March-May, 79 thousand more than a year before, while the employment rate of the 15-64 year-olds increased by 1.6...
Read moreAn online marketplace and free advertising site helps the Hungarian small-scale farmers in the Uplands
An online marketplace for Hungarian small-scale farmers and their customers, and a free advertiser site was launched by the Libertate Civil Association to help the local Hungarian farmers and to...
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Euro area’s growth prospects improved significantly
London’s financial analysts say that the growth prospects for the euro area as a whole will improve significantly, but the euro area periphery may suffer if the euro central bank...
Read moreIfo’s business sentiment index in Germany has risen to a historic peak
Ifo’s business sentiment index in Germany has risen to a historic peak in June, indicating that the euro area’s largest economy remained strong in the second half of the year....
Read moreHungary’s first agriculture and rural development customer service
In Hódmezővásárhely farmers can manage their agriculture and rural development related affairs at the same place – these matters originally belong to two authorities: the government office and the Hungarian...
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Nielsen: Sun protector products’ turnover grew by 10 percent
The sales of sun protectors increased by 10 percent in volume and by 1 percent in value, between June 2016 and May 2017, compared to the same period of the...
Read moreGOSZ expects low prices on the wheat market
Cereal producers may hope for a good-average crop this year, but still some precipitation is needed to reach this goal – Vancsura József, Chairman of the National Association of Cereal...
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The market for health-enhancing baking products can grow to several billion HUF a year
The health-promoting “smart” foods market can reach billions of HUF annually domestically, primarily on the field of baking and confectionery industry, according to the expectations of the Hajdúsági Sütödék- csoport...
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A new sour cherry variety can fulfill our daily vitamin C intake
We can fulfill our daily vitamin C intake with a recently introduced Hungarian sour cherry variety, the Pipacs 1. The breed of the Hungarian Horticultural Propagation Material Nonprofit Ltd. is...
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The new program of Nébih would reduce the waste of food
The National Food Chain Safety Office’s (Nébih), program, the Without a Residue – implemented with EU support draws attention to avoid food waste. Within the program, the government will also...
Read moreThe future may belong to the special diet trends
According to the Hungarian population, the difficulties caused by the weather may be the biggest challenge for agrarians in the coming years, but the lack of technological modernization and supply...
Read moreWorld Bank: the Hungarian cities are better than the EU average in many segments of the business environment
According to the World Bank’s survey, the Hungarian cities are better than the EU average in many segments of the business environment – Thomas Bender, European Commission group leader said...
Read moreThe Anonymus Restaurant and Hungaricum Shop were opened
Hungaricums are the most appreciated values of Hungarians for everyone – the Minister of Agriculture said on Tuesday at the opening of the Anonymus Café and Hungaricum store in the...
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NAV detected a cooking oil dealer criminal organization
The cooking oil dealer criminal organization caused more than 300 million forints damage to the budget. The members of the organization were detained by the investigators of the National Tax...
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A genetic selection was caused by milk
Today it is well-known that milk consumption causes unpleasant symptoms (inflammation, abdominal cramps, diarrhea) in the absence of lactose-decompensation. According to the geneticists, once everybody was lactose-sensitive, the question is...
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The consumption of mineral water, juice and soft drinks increases by one third in the heat
The heat always has a positive impact on non-alcoholic beverages, the heat increases consumption by one third – the secretary of the Hungarian Mineral Water, Juice and Soft DrinkAssociation told...
Read moreNGM: Non-food retailing grew at the fastest pace
The biggest increase was in non-food retailing in April, which can be explained by the vibrant activity of digital commerce and packet delivery services – Pomázi Gyula, Deputy Minister of...
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The watermelon harvest begins early July
The watermelon harvest is expected to begin in the first week of July, five to ten days earlier than last year, if the weather remains favorable – the Hungarian Vegetables...
Read moreBisnode: the decline in the number of operating companies has stopped
After almost four years the decline in the number of the operating companies has stopped in Hungary. Most of the new companies are established in the construction industry – the...
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K&H: The large companies are confident that growth will continue
75 percent of the Hungarian large companies expect short-term and medium-term growth and that the current favorable growth rate will remain in the performance of the economy. It is noted...
Read moreThe winemakers initiated a moratorium on construction to protect the vineyards near the Lake Balaton
In order to preserve vineyards, a moratorium on construction was initiated by the winemakers at the outskirts of the northern shore of Lake Balaton on Monday. The call was made...
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HD Group – a bridge that connects generations
Who would have thought that in the 21st century, when technological development mainly serves the purpose of connecting us, one of the biggest challenges in the world of labour will...
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GDSN-based B2B service from Brandbank!
Brandbank started their GDSN-based B2B portal service in Hungary as well. Those suppliers who subscribe to the Brandsync service get the chance to supplement B2C data produced by Brandbank with...
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