Market News
The number of employees increased further
In the February-April period, the average number of employees was 4 million 378 thousand, 84 thousand, or 2.0 percent more than a year earlier. The employment rate for people aged...
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Parents spend on average 2 to 5 thousand HUF on children’s day surprises
In nine out of ten Hungarian families, children’s day is celebrated. The parents spend on average 2 to 5 thousand HUF on children’s day surprises – according to the researches...
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The doping-free dietary supplements have been listed
Hundreds of dietary supplements were collected that certainly do not include the 85 most problematic doping drugs. The tested substances were also included on a website – agrarszektor.hu wrote. From...
Read moreThe World Organisation for Animal Health declared Romania as a swine-fever free country
The World Organisation for Animal Health (OIE) declared Romania as a swine-fever free country. The official certificate – that was voted at the 85th session of the OIE General Assembly...
Read moreNinety million cigarettes were seized in the port of Antwerp
The Belgian customs authorities seized nearly 90 million cigarettes in the port of Antwerp last week – one of the largest ever catch in the port. The shipment came from...
Read moreUS consumer mood is on a four month peak
The consumer sentiment in the United States is on its four month peak in May, according to the regular monthly survey of the University of Michigan. The results were published...
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Duna House Q1 sales jump
Real estate company Duna Houseʼs first-quarter after-tax profit edged down 9% year-on-year to HUF 266 million, an earnings report released early today shows, according to Hungarian news agency MTI. Sales...
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Hungary is relying on its own domestic resources
“It is important to stress with relation to the current migration crisis that Hungary is relying on its own domestic resources; the Government would like to support the Hungarian people...
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Number of jobs on the primary labour market up by more than 100 thousand year-on-year
In February-April 2017, the number of people employed in the private sector increased by 105 thousand year-on-year, the latest data show. Compared to the corresponding period of 2010, the number...
Read moreA huge part of Hungary’s EU funds are due to the common agricultural policy
More than 36 percent of the European Union’s funds coming to Hungary by 2020 are due to the Common Agricultural Policy (CAP) of the European Union, Feldman Zsolt, Deputy Minister...
Read moreClimate change must be coupled with cost-effective water management
Climate change is a test for European agriculture, and requires modern, cost-effective water management, water use, and the breeding and spreading of drought-tolerant crops – the Minister of Agriculture told...
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Hungarians consider their labor market situation more and more favorable
Hungarian workers consider their labor market situation more and more favorable. More people feel their job position stable, but if they lose it, they would find a new job easily...
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Iran and Hungary negotiated on the expansion of agricultural trade relations
Iran and Hungary agreed on the expansion of agricultural trade relations and the possible common forms of research and development. Hungary offers a good opportunity for agricultural exports to the...
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The Nébih seized nine tonnes of meat
Almost nine tons of unmarked, irregularly stored or expired meat was seized by the National Food Chain Safety Office (Nébih) at a Komárom-Esztergom county wholesaler. According to the statement, the...
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Magazine: MagyarBrands: innovation from brands and in how they are evaluated
The MagyarBrands programme has been rewarding high-quality, Hungary-related brands for 7 years. Since 2016 in three categories: consumer brands, business brands and innovative brands. Brands can apply for participation but...
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The AsiaCenter is expanding with thousands of square meters
The retail space in the AsiaCenter shopping mall is expanding with more than 4,000 square meters in the 15th District of Budapest – magyaridok.hu wrote. The new stores will be...
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FM: The Philippine market was opened for three Hungarian meat factories
The Philippine market was opened for three Hungarian meat factories. Emmanuel Pinol, Minister of Agriculture of the Philippines handed the certificate of their individual accreditation over to Fazekas Sándor Minister...
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In cooperation for the strenghtening of the Hungarian wine-growing sector
Two significant public bodies in Hungary are making their relationship closer: the National Chamber of Agriculture (NAK) and the National Council of Mountain Villages (HNT) have signed a strategic cooperation...
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Expanding export opportunities in Europe for Hungarian companies
The new representation of the Central European Trade Development Network of the Hungarian National Chamber of Commerce (MNKH) was opened on Tuesday in Kismarton (Eisenstadt), Austria. The network is operating...
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79 billion HUF for children’s meals next year
In next year’s budget, more than 79 billion HUF will be spent on children’s meals, which is three times more than in 2010 – the Minister of State of the...
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Nébih: a week was left to submit the inspection fee
The participants of the food chain have to submit their inspection fee return by 31 May – the National Food Chain Security Agency (NÉBIH) told. The supervisory fee shall be...
Read moreGfK: consumer sentiment is on a 16 year peak in Germany
German consumers were in their best mood for almost 16 years heading into June, a survey showed on Wednesday, adding to expectations that private consumption will again drive growth in...
Read moreInvestor interest towards Czech and Slovak commercial real estates is great
Last year, investor interest towards Czech and Slovak commercial real estates grew significantly, and this year’s Q1 did not disappoint as well. According to a statement released on Monday by...
Read moreKSH: retail sales accelerated
According to raw data, retail sales grew by 3.3 percent, calendar effects adjusted – mainly due to Easter – increased by 5.4 percent in March, compared to the same period...
Read moreThe revenue of the store sellers increased by 20 percent, but the number of employees did not increase
The shopkeepers raised wages over the year by one-fifth, the, but there was no increase in staff numbers – blokkk.com wrote. In the first quarter of 2017, 361,000 people was...
Read moreRSM: additional contribution reduction is needed to increase competitiveness
Compared to the Visegrád countries, the domestic companies are still at a disadvantage due to the tax and contribution burden on employment. A further reduction would be needed – RSM...
Read moreFM: The strategic goal is to support agricultural machinery production
The strategic objective is to support agricultural machinery production, as it has significant potential in its development. Therefore, the Irinyi plan deals with a special strategy within the priority areas...
Read moreThe highest VAT is in Hungary in the region
All countries in the Central and Eastern European region focus on traffic and consumption taxes. While VAT is the highest in Hungary, but at the same time the corporate income...
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The giants of the beauty industry
A total of 182 beauty companies and brands are part of those seven corporate brands that dominate the beauty industry around the world – penzcentrum.hu wrote. This seven mega companies...
Read moreIVSZ is committed to the development of the digital economy
The annual meeting of the Informatics, Telecommunication and Electronic Enterprise Association (IVSZ) – which was held on Tuesday in Budapest – designated the development of the digital economy, the change...
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