Market News

KSH: June surplus has become nearly one billion euros

In June, the value of exports in euro was 4.5 percent higher, while the value of import was 7.2 percent higher, compared to the previous year. The trade surplus increased...

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Analysts: the spectacular growth in investments may continue

For the remainder of the year, the high growth in investments may continue, partly due to the gradual rise in the use of EU funds – market analysts commented on...

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KKM: the German farmers’ losses exceed one billion euros due to the Russian import ban

As a result of the Russian embargo, the Bavarian farmers’ losses amounted to 200 million euros, while the German farmers lost more than 1 billion euros on national level since...

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Consumer sentiment improved in the United States

The consumer sentiment improved less than expected in the United States in August – according to the regular monthly survey of the University of Michigan. The final results were published...

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Hungary’s agri-food export has passed the magical 8 billion-euro threshold once again

After a 2-year period when its performance wasn’t as good as before, in 2016 Hungary’s agri-food export went above EUR 8 billion again. Agri-food export increased by 1.6 percent to...

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2016 was a good year for Hungarian retail and for the country’s food industry

According to Nielsen, in 2016 Hungarian retail sales increased by 2.8 percent in value in the food and household chemicals market, in comparison with the previous year. This performance was...

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Oral Hygiene: there is still a lot to learn

Most of the Hungarians do the basic steps to maintain their oral health, turned out NRC Market Research Company and Rapid White tooth whitening system’s research. Half of Hungarians use...

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FruitVeB: Hungarian apple production is in a bad situation

The Hungarian apple production is in a bad situation, for example, there is a large annual fluctuation in yields, the proportion of industrial apples is large within the whole crop,...

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KSH: investments continued to grow in the second quarter

The volume of investments grew by 26.8 percent in the second quarter, compared with the low base data for the same period of last year. The growth is due to...

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The harvest has begun in the Tokaj wine region

Harvest came unusually early in the Tokaj wine region due to the warm, sunny summer; And this year aszú can be of the highest quality – the chairman of the...

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In online sales, the growing market already depends on the frequency of purchases

Increasing internet shopping frequency is a bigger factor in market expansion than attracting new customers, and in the short term there is no expectation of new massive purchasing power layers...

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Ten years, and there will not be enough food

Sara Menker, the founder of Gro Intelligence, a company dealing with agro-processing and agricultural development had an interesting presentation. At a TED conference she said that by 2027, the world...

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African swine fever has appeared near the Ukrainian-Hungarian border

Ten animals died in African swine fever (ASP) on a pig farm in Tiszaújlak near the Ukrainian-Hungarian border on 28 August. An extraordinary meeting was held in Nagyszőlős with the...

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Moody’s: Good growth prospects for the world’s largest economies, but there are event risks

The growth prospects for the world’s largest economic centers are particularly good for this year and for the next, although geopolitical risks, may heavily leverage regional credit market conditions especially...

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Inflation in the euro area has accelerated

As a result of rising energy prices and rising services, the rate of inflation growth in the euro area accelerated in August, according to the preliminary data of Eurostat. The...

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GKI

Coming soon, check back later!...

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Healthcare services fund cards are now accepted in dm stores too

From mid-July customers can also pay with their healthcare services fund card in dm stores. The drugstore chain accepts the cards issued by the following funds: Medicina, MKB, OTP, Patika and...

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Gallicoop builds new packaging plant

Szarvas-based turkey product manufacturer Gallicoop Zrt. is building a new packaging facility from a budget of HUF 1.65 billion. The new packaging plant will be up and running by the first half of...

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Áldomás products can now also be bought online

Áldomás, Hungary’s premium quality collective food product brand has reached another milestone: the products can now be purchased online and the brand is also present in social media. At the moment 32...

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‘Mini’ Auchan in China

Auchan has opened its first mini store in China. The 13m² shop is called Auchan Box, it sells 500 different products and it is open 24 hours a day, 7...

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Green Brand award for Rossmann

Rossmann’s two private label product lines, Alterra natural cosmetics and enerBIO organic food products, have won the Green Brand 2017/2018 award in Germany. This is the second time that Rossmann has...

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Rural development is impossible without subsidies

On 28 July the Hungarian Chamber of Agriculture (NAK) organised a roundtable discussion on the future of the agri-food sector at the Bálványos Summer Open University and Student Camp in...

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Energy buying tender for NAK members

In the autumn of 2017 the Hungarian Chamber of Agriculture (NAK) will announce an electrical energy buying tender for members. Chamber members will have the chance to purchase electrical energy at...

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Hungarian farmers are actively shaping the Common Agricultural Policy

Hungarian farmers were very active in the consultation process of the EU’s Common Agricultural Policy (CAP): Hungary sent the sixth most opinions for the draft reform of the CAP. It is noteworthy that almost...

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Tesco to stop selling eggs from cage-raised hens

By 2025 Tesco will stop selling eggs from cage-raised hens. This is true for both private label and branded products. The well-being of animals is very important for the retailer, so in...

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Brewing company makes efforts for a greener world

Since the start of their sustainability programme in 2010, HEINEKEN Hungária Zrt. has recycled 98 percent of the waste they produced, covered 22 percent of their energy use from renewable sources...

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Successful first half of the year for Heineken

Thanks to the hot summer and growing demand for quality beer in the Asian market, Heineken products performed much better than expected in the first half of 2017. Profit increased...

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Successful programme for developing e-commerce

The joint programme of Mastercard and BIG FISH, started in 2016, was very successful. Improving the online shopping experience was in the focus of the project. In the ‘E-commerce review’ programme 21...

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Their own KitKat for the Japanese

Nestlé will build a new KitKat factory in Japan, to serve the growing demand for the product’s special versions (wasabi, green tea, etc.) that the Japanese love so much. Takuya...

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Industrial distributors are fighting for survival

Results of the 2017 UPS Industrial Buying Dynamics survey show that the opportunities created by e-buying are changing the European industrial value chain, and traditional distribution companies must work very...

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