Market News
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...
Read morePrimavera 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...
Read moreRetail 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...
Read moreCzerván: 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)...
Read moreMNB 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...
Read more(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....
Read moreGfK: 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...
Read moreAgrarian 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...
Read moreThe 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...
Read moreThe 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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Fazekas Sándor discussed about the further expansion of agricultural relations with his Japanese counterpart
The further enlargement of agricultural relations was discussed between Fazekas Sándor Minister of Agriculture and his Japanese counterpart Taniai Maszaaki, Minister of State of Japan’s Ministry of Agriculture, Forestry and...
Read moreNGM: 45 SMEs received 5 billion forints development support
In order to improve its competitiveness and research and development 4.5 billion HUF were given as research and development support to 15 small and medium-sized enterprises (SMEs) in Pest county....
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The government is also helping the SMEs entering the stock market
The government supports the companies interested in entering the stock market with two initiatives – Rákossy Balázs, Minister of State of the Ministry of National Economy said at the meeting...
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Magazine: The Netherlands is one of the driving forces of the world market
The Netherlands is the world’s 5th biggest product exporter and in 2016 the country exported goods in the value of nearly USD 668 billion – this sum represents 3.5 percent...
Read moreOutstanding quality wine yield is expected this year
About 2.8 million hectoliters wine yield is expected in Hungary this year, which is similar to last year’s harvest – Kiss Eliza, Ministerial Commissioner for special oenological tasks at the...
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MNB: Card payment transactions grew by 25 percent in the second quarter
Payment card purchase turnover increased by 25 percent in the second quarter of this year, exceeding all previous growth rates – the National Bank of Hungary (MNB) announced on Monday....
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MGYOSZ: lack of specialist means the biggest limit for growth of companies
According to the survey of MGYOSZ, 92 percent of the company executives indicated the lack of specialists as the biggest obstacle of growth. The National Association of Employers and Industrialists...
Read moreFazekas: Far East markets are promising
Relationships with the Far East markets are promising – Fazekas Sándor, Minister of Agriculture told M1 news channel on Tuesday. The Minister drew attention: Japan is the guest of Honor...
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