Market News
New spice factory opens in Nagytarcsa
Hungarian company Innovofoods Zrt. has built a spice factory in Nagytarcsa. The factory’s production capacity is 10 tons per shift. It cost HUF 500 million to build the new production...
Read moreKSH: growth in retail sales continued in June
In June, retail sales increased by 5.5 percent in year-on-year comparision and calendar effect adjusted increased by 6.0 percent. In the first half of the year, the turnover grew by...
Read moreBeer Association: this year’s beer consumption rises, but it has not yet reached its peak
The hot summer has its impact on the Hungarian beer market, this year beer consumption rises, but it has not yet broke the average consumer peak of the nineties –...
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Heat Wave Fruit: The peach is the favorite in the hot
If there is a heat wave then it’s peach. The warm weather has a strong impact on quality. Excellent flavored fruits are produced this year – the panorama of the...
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Retail sales increased in the European Union
The pace of retail growth in June accelerated both the euro area and in the EU – Eurostat’s figures show. Eurostat estimated that the volume of retail sales, compared to...
Read moreMKIK GVI: Businesses are more positive about their situation
Businesses more positively assess their current profitability, order stock and business position than a quarter earlier, according to the July data survey of MKIK and GVI. The business climate index...
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A bakery in Budapest was closed by Nébih
Because of severe hygiene problems, a bakery in Budapest was closed down immediately by the National Food Chain Safety Office (Nébih). At the on-site inspection of the National Food Chain...
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Growers are ready for the melon season
On 15 June 2017 the Hungarian Association of Melon Growers and the representatives of retail chains met in Dunaharaszti, to discuss the forthcoming melon season. Balázs Győrffy, president of the Hungarian...
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Magazine: Consumer protection: people know less than they think
I know, I have seen it, I have heard it – practically every retailer has already heard these words from complaining customers. What customers tend to forget about is that...
Read more5 million tons of winter wheat was produced this year
The summer harvesting works have been completed in the country. The winter wheat production reached about 5 million tons – the Minister of State of the Ministry of Agriculture told...
Read moreThis year the winegrowers expect more wine and excellent vintage
The Hungarian winemakers expect grape harvest and winemaking exceeding the quality and the quantity of the average of the last five years, thanks to the favorable weather conditions – the...
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MLBKT: BMI declined in July but continues to grow
The seasonally adjusted purchasing manager index (BMI) in July was 54.2 points, meaning that respondents reported more favorable processes than in the previous month – the Hungarian Logistics Purchasing and...
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Italy is the largest ice cream maker in the EU
Among the 28 Member States of the European Union the most ice cream was made in Italy last year. Hungary is ranked 12th – Eurostat statistics show. According to the...
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Melon Day in Ópusztaszer
A Melon Day to be held on Saturday in the Ópusztaszer National Historical Memorial Park, where the guests can taste the fruits. Kodácz Csengele, marketing manager of the institution told...
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Election eligibility can be verified on the portal of the National Chamber of Agriculture
The NAK has compiled a list of electoral constituencies based on the chamber list of 30 June 2017, which is available in searchable form on the public at www.nak.hu. The...
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The Farm of the Year application was announced
The Ministry of Agriculture (FM) has announced a tender for the “Farm of the Year” award, which can be submitted by 31 August, V. Németh Zsolt Minister of State responsible...
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The Agricultural Chamber is launching a tender for energy procurement
The National Chamber of Agriculture (NAK) will launch a tender for energy procurement in the autumn of 2017. The members can get electricity at a lower price and with more...
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Magazine: Fruit syrup: a constant favourite
According to the experts of Ital Magyarország Kft., fruit syrup will always be popular in Hungary: it brings back childhood memories and offers special new moments too. Head of the...
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Nébih: gamay rosés meet the food safety standards
All of the dry gamay rosés, complied with food safety and nutrition criterias of the National Food Chain Safety Office (Nébih). Experts found only marking inaccuracies – the office told...
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KSH: surplus in May was 959 million euros
Following the swing in April, exports and imports again reached double-digit growth in May. The value of exports in euros was 19.7, and imports were 18.7 percent higher than in...
Read moreBisnode: The number of newly established companies has increased slightly
The number of newly founded companies in Hungary rose by a minimum of 147 in the first half of the year, compared to the same period of last year –...
Read moreWhat do you fear most when shopping online?
What happens to our data, can we safely use the credit card payment, how long can we return the product – these are the most common issues in one of...
Read moreAfrican swine fever has appeared in Romania near the Hungarian border
African swine fever has been reported in Romania. The infectious disease was discovered by the authorities near Szatmárnémeti near the Hungarian-Romanian border in a backyard farm, the Romanian Veterinary and...
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The European Commission launches a school program for healthy nutrition
The European Commission launches a new EU School Fruits, School Vegetables and School Milk Scheme on 1 August. The program aims to promote and widespread healthy nutrition and to support...
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Inflation stagnated in the euro area in July
As expected, annual inflation stagnated in July in the euro area. According to preliminary data released by the European Union’s Statistical Office (Eurostat) on Monday, in July, according to preliminary...
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Safe, unique and sustainable – already during production
DS Smith Packaging Hungary is present in the Hungarian packaging market with a wide range of shelf-ready and industrial packaging solutions and display bases. The company believes that it is important...
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GKI: Budgetary advance payment of EU transfers increased sharply
n Hungary, the faster than expected GDP growth in the first quarter of 2017 was followed by a slight slowdown in April and a pick-up in May. GDP growth is...
Read moreHNT: The new regulation of wine grape sales aims to stabilize the income level of vine-growers
One of the aims of the new regulation of grape sales is to stabilize the income level of vine-growers – the secretary general of the National Council of Hunters (HNT)...
Read moreGrain growers: the harvest of autumn wheat has been completed
The harvest of winter wheat in the country was completed according to the plans – the chairman of the National Association of Grain-Growers (GOSZ) told MTI on Monday. Vancsura József...
Read moreFM: Hungary is committed to protect GMO-free agriculture
Gyuricza Csaba, Director-General of the National Agricultural Research and Innovation Center (NAIK), in his speech at the China-Europe Soya Symposium in Beijing told that Hungary is committed to protect GMO-free...
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