Market News

NAK campaign in the apple season

This year NAK will start a campaign promoting apple consumption. The one and a half month campaign will start in mid-October, in cooperation with 6 retail chains and the Agricultural Marketing...

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VAT cut and financial support

The Hungarian Chamber of Agriculture (NAK) and the Ministry for National Economy are in talks about which food and agricultural products will be added to the list of 5-percent VAT...

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International demand for high-quality Hungarian cereal crops

At the moment the average purchasing price is HUF 42,000-43,000/ton. Secretary of state Dr István Nagy revealed that there is great demand for GMO-free, high-quality Hungarian wheat in Europe. Nestlé is an...

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Tesco: Measurable things can be managed too!

Tesco Europe has published its report on the quantity of food and other waste produced during its operations in the 2016/2017 fiscal year: Tesco stores in the Czech Republic, Poland,...

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Pöttyös fans voted for the sour cherry-poppy seed Túró Rudi

Pöttyös asked its 1 million Facebook followers to decide which formerly popular Túró Rudi flavours to bring back to store shelves. After more than 30,000 votes were cast in one week,...

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Once again Unilever named as the most sustainable company in the industry

Scoring 89 points from the possible 100, in 2017 Unilever performed the best once again in the household and personal products industry group of the Dow Jones Sustainability Index (DJSI). Unilever...

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Coca-Cola HBC Magyarország’s new warehouse has a 12,000-pallet capacity

Coca-Cola HBC Magyarország sells products to 25 European countries, which has made it necessary to enlarge their Dunaharaszti premises. The company invested HUF 2 billion in building a 6,500m² warehouse with...

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‘How do you spend your money having paid your utility bills?’

Nielsen has asked Hungarian consumers how they use the money they have left, having paid the monthly utility costs and bought food. 27 percent of Hungarians said they put the money...

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New cakes in Szamos shops

Szamos’ new cakes– designed for weddings and special occasions – have been first showcased in the Szépkilátás confectionery in Buda. There are 17 new and 4 classic cakes in the updated...

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How loyal are we to our favourite grocery stores?

According to a nationwide representative study by Kantar Hoffmann (March 2017, 18-64 year old consumers), when buying FMCG products, most people visit stores located close to where they live. Half of...

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Primavera is now also available at the airport

Since early summer Primavera mineral water has been available in the Heinemann Duty Free shops of Budapest Airport. The brand will be the official sponsor of the airport’s Runway Run 5.0...

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250,000th Széchenyi Card issued

On 7 September the 250,000th Széchenyi Card was ceremonially handed over to its owner in Budapest. In the last 15 years 258,000 contracts were signed and HUF 1,841 billion worth of...

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A chocolaterie with great plans

Artisan chocolaterie Chocofacture opened on Kende Street in Budapest on 12 September. Those who visit the shop can buy special products and get an insight into how they are made. Dr Katalin...

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Refurbished COOP store in Gödöllő

Gödöllő COOP Zrt. continues its store modernisation programme. In August the retailer reopened its popular 250m² grocery store on Egyetem Square in Gödöllő. The shop went through an overhaul in just 3 weeks...

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Retail sales increased by 4.2 percent in July

In July, retail sales grew by 4.2 percent year-on-year, according to raw and calendar-adjusted data, according to the second estimate of the Central Statistical Office (KSH) published on Friday. The...

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FM: new export opportunities for the Hungarian meat companies

Hungarian businesses can export rabbit meat, beef and buffalo meat, or derived products to Singapore – the Ministry of Agriculture (FM) told MTI on Thursday. The delegation of the Agrarian...

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Czerván: a turnaround in the financing of agriculture

There is growing evidence that there has been a turning point in the financing of agriculture, credit growth continues to grow in the sector – the Minister of State of...

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Collaboration to increase protein crop production

Strategic agreements were signed by organizations interested in agricultural research to make soy and other protein crops more efficient, in the framework of the National Agricultural Exhibition and Fair (OMÉK)...

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MNB Director: Sustainable achievement of the inflation target is expected a quarter later, in mid-2019

According to the latest Inflation report of the Central Bank, the sustainable achievement of the inflation target is likely to be achieved by one quarter later in mid-2019. The investments...

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The French farmers are protesting against the ban on the most popular herbicide

Approximately three hundred French farmers protested on Friday in Paris on the Champs-Elysées Boulevard against the planned ban on glyphosate herbicides. Emmanuel Macron head of state had promised in the...

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(HU) Szeptemberben újabb csúcsot döntött a GKI konjunktúraindexe

Sorry, this entry is only available in HU....

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Biopolymer-based packaging designs

DS Smith Packaging Hungary Kft, the Budapest University of Technology and Economics and Polifoam Plastic Processing Kft. have been granted HUF 552.21-million funding for developing a multifunctional biopolymer-based packaging system....

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GfK: Seven out of ten people would buy more online in exchange for free home delivery

Every second online order is delivered by a courier service. The first five incentive factors for online shopping focus on the discounts. Among them, home delivery has an utmost importance,...

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A comprehensive disease control test to be launched at poultry holders

The National Food Chain Safety Office (Nébih) launches a comprehensive and unified disease control investigation as the initiative of the Poultry Product Council (BTT) at Hungarian poultry holders. The autumn...

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Sunflower production is good, but it is worth to store the crop, due to the low prices

In the second week of September, the harvesting of sunflower seeds has begun. According to the data so far, crops will not be outstanding because of drought, but due to...

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40 billion HUF for detergents, 20 billion HUF for fabric softener

The retail sales of detergents were below average, while the retail sales of fabric softeners showed an above the average growth in domestic retail trade between August 2016 and July...

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Agrarian expert: new impetus for agricultural investments

Agricultural investments have been further boosted: in the first half of the year the value of agricultural investments grew by 30 percent – Fórián Zoltán, senior agricultural expert of the...

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KSH: gross gross earnings grew in July by 13.1 percent

In July, gross average earnings grew by 13.1 percent, compared to the same period of the previous year. The growth rate of earnings slowed a slight decrease after the 14.4...

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The large state company has started to buy grapes in Tokaj

This year’s grape purchasing was started at the state-owned Grand Tokaj Zrt, which is the largest recipient of the Tokaj wine region – agrarszektor.hu wrote. The company pays 100 HUF...

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The Takarékbank has raised its economic growth forecast this year

The Takarékbank (Savings Bank) is expecting a further boost in investment, raising this year’s GDP growth forecast from 3.9 percent to 4 percent, and next year forecasting 4.2 percent instead...

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