Market News
A good season for sour cherry
Date: 2017-07-03 11:42:53
The sour cherry harvest has begun at the largest Békés County grower. Pusztai József, Managing Director of the Hunapfel Kft. is expecting a good season. Pusztai József told MTI on...
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The FruitVeB is expecting an outstanding melon yield
Date: 2017-07-03 11:40:50
The melon yield is expected to be very good, according to the FruitVeB Hungarian Vegetable Fruit Interprofessional Organization and Product Council. Domján Erika told M1 news channel on Saturday that...
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Chamber of Agriculture: the long-term water shortage period was announced
Date: 2017-07-03 11:33:46
The Minister of Interior promulgated the long-term water shortage period on the initiative of the National Chamber of Agriculture (NAK) on the territory of the whole country from the 1st...
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The Purchasing Manager Index has increased slightly
Date: 2017-07-03 11:08:57
The seasonally adjusted purchasing manager index (PMI) in June was 57.2, according to which the respondents reported more favorable processes than the previous month – the Hungarian Logistics, Purchasing and...
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Dried goji berries containing 18 pesticide residues on the shelves of Hungarian stores
Date: 2017-07-03 11:07:21
Hungary also received dried goji berries containing 18 pesticide residues. Products originating in China have been brought to the domestic stores through the Czech Republic – the homepage of Nébih...
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A record volume of grain was exported by Ukraine in the past one year
Date: 2017-07-03 11:05:34
Ukraine exported 43.8 million tons of grain between July 2016 and June 2017, the largest volume ever since the country became independent in 1991 – the press release of the...
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Nielsen: Stronger position for drugstores
Date: 2017-07-03 10:26:14
PAPER DIAPERS: between March 2016 and February 2017 paper diaper sales were realised in the value of more than HUF 19 billion. Value sales augmented by 4 percent and volume...
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Billa’s expansion in the Czech Republic
Date: 2017-07-03 10:09:59
The Austrian retailer’s sales grew by 6 percent to EUR 968 million in 2016. Last year Billa opened 10 new supermarkets in the country and now operates 213 stores. The...
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Everything depends on trust
Date: 2017-07-01 17:30:42
Several dynamics can be observed in the intimate hygiene category, as in terms of value sales pantyliners perform better, while in volume sales menstruation products develop faster. In the summer months...
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Farmers’ market opens in Hűvösvölgy
Date: 2017-07-01 17:13:35
On 10 June 2017 a farmers’ market ceremonially opened in Hűvösvölgy. Those who were there had the opportunity to taste and buy the delicious products of many farmers. // ...
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Free online services
Date: 2017-07-01 17:04:27
The INNO-4-AGRIFOOD platform provides businesses and innovations consultants with counselling, free smart devices and online training programmes in the agri-food sector. This service strengthens national and international cooperation, and contributes to...
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Iced tea: two-digit sales growth in the last two years
Date: 2017-07-01 17:01:02
Every household buys some kind of cold drink in a one-year period. However, while 8-9 families from 10 purchase carbonated soft drink, bottled water or fruit juice, hardly 5 buy iced...
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First county-level agreement on agricultural vocational education signed in Tolna County
Date: 2017-07-01 16:50:31
In the middle of June the first county-level agreement on agricultural vocational education was signed in Tolna County, by the representatives of the Ministry of Agriculture and NAK. The ministry has...
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GfK: online shoppers expect free delivery
Date: 2017-07-01 16:34:11
According to GfK’s Digital Connected Consumer survey, today Hungarians are completely aware of the advantages of online shopping: 87 percent of respondents in the survey have already purchased something online,...
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Another 1 billion forints for raising wages
Date: 2017-07-01 15:51:35
Early June Tesco announced another HUF 1-billion wage increase in Hungary. About 70 percent of Tesco employees – the majority of store and warehouse staff – will earn more than before. Since...
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Hungary’s first Ziaja for You shop opens
Date: 2017-07-01 15:47:17
On 30 May the first Ziaja for You store ceremonially opened in Budapest mall Campona. Superio Kft. has been the Hungarian representative of the Polish brand Ziaja for 8 years. More than 400...
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Where do Hungarian shoppers gather information about beauty products before buying?
Date: 2017-07-01 15:40:59
As buying habits are changing, brick and mortar stores are gradually strengthening their online presence. At the same time online shops are opening physical stores. Hungarian shoppers rely on the following sources...
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Food Bank collection point at the Budapest Wholesale Market
Date: 2017-07-01 15:01:23
Budapest Wholesale Market has joined forces with the Hungarian Food Bank Association: from 21 June 2017 growers selling their produce at the market can give unsold produce to the association’s...
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Green is this year’s hottest colour in the iced tea market
Date: 2017-07-01 14:09:15
Hungary’s iced tea market expanded in terms of both value and volume last year. Although sales dropped in the first months of 2017 in comparison with December 2016, they were still...
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Thirteen new stores have joined the SPAR franchise
Date: 2017-07-01 13:59:12
There are already 129 shops in the SPAR franchise, which give work to almost 1,500 people and generate HUF 30-billion sales – announced SPAR Hungary in a press release on 31...
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No bread will be broken
Date: 2017-07-01 13:50:51
Early summer certain rules changed in the Hungarian Food Book, for instance the proportion of more expensive ingredients increases in breads. The big question is, will breads cost more for consumers?...
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Chinese investments
Date: 2017-07-01 08:59:46
According to a study by Baker McKenzie, the value of Chinese acquisitions and greenfield investments doubled in Europe and North America in 2016. The Chinese invested USD 94.2 billion in Europe and North...
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Unilever acquires another company
Date: 2017-07-01 08:55:07
Unilever has made public the acquisition of luxury cosmetics manufacturer Hourglass. Alan Jope, the president of Unilever’s personal care business told: they are very happy to have such a prestige...
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Tesco is back in the game
Date: 2017-07-01 08:39:27
Tesco is becoming a key player in the UK again. This May they reported a 2.3-percent sales growth in Britain – the biggest increase in 7 years. The company’s spokesperson...
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Rapidly expanding German market
Date: 2017-07-01 08:37:01
According to forecasts, by 2021 the German food market will be worth EUR 259 billion as the sector is expanding by 10.5 percent a year. IGD’s analysis has revealed that...
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Waste oil collected in Romania
Date: 2017-07-01 08:26:50
Carrefour Romania has started collecting waste oil from customers, in order to reduce the chain’s ecological footprint. Shoppers can take back 1-4kg of filtered waste oil in transparent bottles. In...
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Online retailer to open brick and mortar stores
Date: 2017-07-01 08:22:38
While retail chains are starting their online shops, e-commerce giant Amazon has bought its first brick and mortar grocery store network: the company acquired Whole Foods – which consists of...
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Hungarian Treasury: more than 440 billion HUF subsidies were paid to the farmers
Date: 2017-06-30 11:58:06
On the basis of the single payment applications submitted by the farmers last year, 200 billion HUF was paid and the amount together with the advances was more than 440...
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The European Commission has extended its measures to assist fruit and vegetable producers
Date: 2017-06-30 11:37:40
The European Commission has extended its extraordinary support for European fruit and vegetable producers who suffer due to the disadvantageous economic sanctions against Russia and has decided to secure another...
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Excise tax on tobacco products has increased
Date: 2017-06-30 11:34:33
The excise tax on tobacco products has increased: the minimum tax rate for cigarettes increased from 28,800 HUF to 29,200 HUF per thousand, while the minimum tax rate for cigars...
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