Market News
Producing quality for 125 years
The Dr. Oetker brand has stood for reliability and quality since the start in 1891. Dr. Oetker Backin Baking Powder, Vanilla Sugar and Pudding Mix have been the first products,...
Read more
Magazine: NÉBIH starts using an INTELligent solution
The National Food Chain Safety Office (NÉBIH) has started using a new data analytics system, which helps the authority to monitor the whole supply chain: the Intelligent Food Chain Safety...
Read more
Raw milk’s price rising again
In January 2017 agricultural production prices were down 2.6 percent in comparison with January 2016. This drop was the result of the price of vegetable products decreasing by 8.9 percent...
Read more
Magazine: The many roles of oil
Cooking oil is one of the ‘magnet’ products of retail chains: there is constant demand for them and they are sold in large quantities. It isn’t easy for manufacturer brands...
Read more
The salaries at the food chains will be increased this year again
The food chains will increase the salaries again this year, but recruitment does not take palce at every chains – companies told MTI. The in-store and warehouse manual workers of...
Read more
The store of chains help the National Bank to develop financial awareness
The Hungarian National Bank (MNB) signed a cooperation agreement with five store of chains – the kamaraonline.hu wrote. The customers therefore have access to informations, developing financial awareness in a...
Read moreCIB Bank: GDP in Hungary could grow around 3 percent this year
This year the Hungarian GDP could grow around 3 percent, according to CIB Bank analysts, mainly due to the increase in domestic demand and the use of EU funds –...
Read more
The Hungarian fish farming can be developed from sixteen billion HUF
According to the information the Prime Minister’s Office announced all Mahop tenders within the required time limit, in accordance with the government’s objective. The Prime Minister’s Office published the last...
Read more
There is a need for a National protein feed program
Hungary covers its livestock protein requirement mainly from US imports. There is a need for a National protein feed program to induce genetically modified (GMO) foods – Fazekas Sándor Minister...
Read more
Food production consumes underground water reserves with a dramatic pace
Food production consumes underground water reserves in many parts of the world, such as the pace of nature could replace it – BBC reported the findings of a new study....
Read more
The Magyar Posta expects further expansion in package logistics
The Magyar Posta handled 17.7 million packages in 2016, which is 1.96 million pieces and 12.4 percent more than in 2015. The Magyar Posta expects a 12.5 percent increase package...
Read moreMKB Group and the Megfosz signed a cooperation agreement
Balog Ádám, CEO of the MKB Bank Zrt. and Harsányi Zsolt, CEO and owner of Axiál Kft., chairman of the National Agricultural Tool and Machine Dealers Association (Megfosz) signed a...
Read more
Specific markets
Günther Ahmed Rusznak, CEO of the Islamic Information, Documentation and Certification GmbH (IIDZ) told our magazine that there are about 1.5 billion Muslim people all over the world and food...
Read more
Only factual information about products
The global battle against counterfeit products, the protection of brands and the tracking of valuable products are increasingly important in international trade. Besides traditional product information indicated on the packaging,...
Read more
Prices augmented by 2.9 percent in February
According to data from the Central Statistical Office (KSH), in February 2017 consumer prices were 2.9 percent higher on average than a year before. In comparison with February 2016, food...
Read more
Opportunities in Canada
In mid-February the plenary session of the European Parliament voted in favour of the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada. It is now the parliaments...
Read more
It is still EU law that is in effect in the United Kingdom
While the United Kingdom is a member of the European Union, the EU’s legal system needs to be respected – concluded a discussion in the European Commission in early March....
Read more
Risky EKÁER
The modification of the Electronic Public Road Trade Control System (EKÁER) has entered into force: in the new system even those must pay a risk warrant who transport non-risky goods....
Read more
Magazine: Packed in safety
The original task of packaging was to make the safe transport of goods possible, but today packaging materials must also be stylish and environmental. Zsolt Miklós, managing director of Rondo...
Read more
Food processors: There was no differences in the majority of the products tested
After an investigation of the National Food Chain Safety Office (NÉBIH) it can be concluded that no compositional or sensory differences were found between the vast majority of products purchased...
Read more
Chamber of Agriculture: the Hungarian primeur vegetables to arrive earlier to the stores
From early April the Hungarian primeur vegetables will be available in the stores and markets throughout the country – the National Association of Agricultural Economics (NAK) told MTI on Thursday....
Read more
DPDgroup: Internet shopping habits in Europe and in Hungary
On behalf of the DPD Group, 23 450 citizens of 21 European countries were interviewed between 19 and 7 October 2016 about their online shopping habits. Hungary also took part...
Read more
Euro-zone’s business sentiment index is on top
In March, the European zone’s business sentiment index (ESI) stagnated on its five and a half year peak, however, the economic sentiment index has deteriorated somewhat. In March the business...
Read more
Electric vehicle market about to undergo a boom
Strategic investors are finding new areas for their investments, and one of these is electromobility. The message conveyed by development projects is that the S Curve of electric vehicles will...
Read more
Premium category food products made using Hungarian technology on four continents
The story of Hagyó Kft. started as a small business in Miskolc, but today their distilling machinery is already used overseas, with help from the Hungarian National Trading House (MNKH)....
Read more
Good export opportunities in Iran
On 7 February 2017 the Hungarian National Trading House (MNKH) organised a Hungary-Iran Business Forum in Budapest. There were almost 60 Hungarian and Iranian companies present. In 2015 the value...
Read more
Magazine: Content and shape: mineral water bottles do dress up the products
According to Kata Bányi, trade marketing director of Coca-Cola HBC Magyarország Kft., the distributor of NaturAqua mineral waters, after two years of sales decline the mineral water category expanded again...
Read more
Magazine: Oat is the new star
Oat is the star ingredient of the growing cereal product market. All three segments – muesli, breakfast cereal, cereal bar – contributed to the sales growth of last year. According...
Read more
The Magyar Termék has launched an online campaign
The “We Love the Hungarian Products” marketing campaign was launched on 22 March with a short film made in the Castle Garden Bazaar. Almost 300 actors took part in the...
Read more
According to the Advertising Association and its co-associations the advertising tax should be eliminated
According to the Hungarian Advertising Association (MRSZ) and its co-associations, the government declared war on the domestic media industry with the increase of the advertising tax to 9 percent. The...
Read more