Market News
A third of the Hungarians attend festivals
A third of the Hungarians are going to festivals. The most popular festivals are pop-music, gastronomy and city festivals – according to the research of Kutatópont Kft. published on Wednesday....
Read moreAfrican swine fever is spreading in Romania
African swine fever is spreading wide in Romania, where more than 450 infectious points have been identified. The pathogen most affected the north-west and west part and the south-eastern part...
Read moreConsumer incomes and expenditures rose in the world’s largest economy
Consumers’ incomes and expenditures in the United States increased in June, but annual consumer price indices excluding consumer and non-food prices remained below 2 percent. The Washington Department of Commerce...
Read moreThe sowing area of the malting barley was halved in the past 5 years
The sowing area of the malting barley was halved during the past five years, while the sowing area of fodder rose by one fifth – agrarszektor.hu wrote. “These lands in...
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The Grand Tokaj Zrt., has begun contracting with the Tokaj-Hegyalja vine growers
As the biggest purchaser and winemaker of the Tokaj-Hegyalja wine region, the Grand Tokaj Zrt., like in previous years, has started to conclude contracts for the purchase of grapes with...
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Magazine: Brandformance – brand building and sales support at the highest level
MITTE Communications and ADDICT Interactive prepared a study with the participation of 36 marketing and communication managers of 32 companies from 11 sectors. According to this, branding lays the foundation for...
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Nielsen: annual turnover of sunscreens is over two billion
More than half of the adult Hungarians use sunscreen at least occasionally; one third use them only on holiday and nearly one-fifth of them when they feel the sun is...
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Mineral water and ice cream sales have jumped in the heat
Mineral water sales have tripled at several chain of stores, due to the heat wave of the last few days – Világgazdaság Online wrote. The effects of the heat wave...
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Older milk automats do not have to be connected to the NAV
The decree modified by the initiative of the National Chamber of Agriculture (NAK) can help to retain hundreds of old milk automats. Where the installment of the management system is...
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The Consumer Protection Authority has withdrawn 15 dangerous childrens toys
The Ministry of Innovation and Technology (ITM) tested more than fifty different kinds of wooden toys, inflatable water games and plastic dolls for the safety of children. The consumer protection...
Read moreRetail sales in Germany increased more than expected
Retail sales in Germany increased much more than expected in June. According to preliminary data published by the German Federal Statistical Office (Destatis) on Tuesday, retail turnover, by eliminating price...
Read moreThe German Government plans to tighten rules on online retail
The German Government would tighten the rules of online retail sales to curb tax evasion. It is planned that the operators of the marketplaces will be responsible for making traders...
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Economic growth slowed down in the euro area
The performance of economic growth in the second quarter in the euro area has been slower than in the first quarter – according to Eurostat’s preliminary estimate. At Eurostat’s first...
Read moreGenetic engineering can help arable crops
According to domestic experts, genetic engineering seems to be the only solution to increase the productivity and profit of arable crop production by improving crop yields – agrarszektor.hu wrote. The...
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The Tokaj Mountain Council encourages sustainable grape production and winemaking
The Mountain Council of the Tokaj Wine Region consciously builds the future of the wine region based on a strong community thinking for sustainable grape growing and winemaking – Molnár...
Read moreAnalysts: increasein retail sales may continue
The growth in retail sales in May exceeded the expectations of analysts; according to experts interviewed by MTI, a further growth is expected, which may slow down in the second...
Read moreGKI: The growth of the Hungarian economy is at peak
The Hungarian economy grew by 4.4 percent in the first quarter of 2017 and in the first quarter of 2018, with the highest fourth-fifth highest rate in the region reaching...
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Ministry of Agriculture: rural development tenders are popular
Rural development tenders are popular; further calls for proposals are expected this year – Kis Miklós Zsolt, Minister of State of the Ministry of Agriculture (AM) told M1 news channel...
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The Agricultural Ministry announced a tender to carry out gene conservation tasks
Recognizing the importance of gene conservation activities, the Minister of Agriculture has issued an open call for proposals under the 2018 central budget, the main objective of the grant is...
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The agrarian chamber and Magosz considers the research of mutagenesis
The National Chamber of Agriculture (NAK) and the Hungarian Association of Hungarian Farmers and Cooperatives (Magosz) consider it necessary to conduct scientific studies and risk assessments of mutagenesis as soon...
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Nébih: 31 July is the payment deadline for the first installment of the food chain management fee
Food chain producers, distributors, farmers, livestock farmers, food producers and distributors have to complete the food chain monitoring fee return by the end of May. The amount set at this...
Read moreThe GfK German consumer sentiment index declined a bit in July
Instead of expected stagnation, GfK’s consumer sentiment index declined slightly in July in Germany. The Nürnberg-based Economic Research Institute’s consumer sentiment index in Germany was 10.6 points after the 10.7...
Read moreAgricultural advisors can help food export at Polish embassies
Poland strongly intends to stimulate food exports. The Minister of Rural Development urges to hire agricultural advisors to embassies – agrarszektor.hu wrote after syngenta.blog.hu. Jan Krzysztof Ardanowski, Minister of Rural...
Read moreHarvesting has begun earlier than ever in Germany
The harvesting of grapes has begun earlier than ever in Germany. The work will begin on 6 August – the German Wine Institute (DWI) announced on Monday. Due to climate...
Read moreMore than a hundred million smartphones were sold in China in one quarter
After a strong halt in the first quarter, over 100 million smartphones were sold in China during the three months ended on 30 June. According to the Canalys Market Research...
Read moreGood cereal production is expected
Based on the preliminary data, good grain production is expected this year – agrarszektor.hu wrote. Based on the samples analyzed so far, it is also possible to say that the...
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Magazine: Brand loyalty: similarities between the generations of grandparents and grandchildren
Brand loyalty isn’t age-dependent – revealed an online survey conducted by Budapest Metropolitan University (METU) and Darwin’s Marketing Evolution in March, with more than 1,000 participants belonging to 4 generations....
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Technological development helps competitiveness, but does not replace workers in agriculture
The National Agricultural Chamber organized a Roundtable discussion on the effect of the modernization of agriculture on the countryside at the XXIX. Bálványosi Summer Free University and Student Camp. Participants...
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Rapeseed prices are expected to be good
The price of rape was full of hope since the end of April this year, as the droughts of spring brought news of a decline in crops. Unfortunately, Hungarian farmers...
Read more80 percent of the wheat has already been harvested in Zala County
Almost 80 percent of the wheat has been harvested in Zala County, the average yield per hectare is 5.1 tons, and the quality of the crop is worse than usual...
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