Market News

A program will be launched to strengthen the authenticity of the Hungarian wines

A program will be launched to strengthen the authenticity of the Hungarian wines. With the help of a modern method, the origin map of the Hungarian wines will be created,...

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Bank lending may accelerate

London Financial Analysts predict on Wednesday that the pace of bank lending in Hungary is expected to accelerate in the next two years. The BMI Research financial and economic analyst,...

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Food vending machines: the government provides extra source for purchasing the supervisory unit

The Government has approved a further 1.44 billion HUF funding to support food vending machine automation supervisory units, according to a Government Decree published Wednesday in the Hungarian Gazette (Magyar...

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What you should know about margarine in a nutshell

Dietary fat is a vital part of balanced nutrition. Margarine is one of its widely spread source. Margarine is often discriminated, compared to butter but it is important to point...

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By the end of June, 238 billion HUF loans were requested at the MFB Points

According to the communication of the 4-member consortium – Takarékbank Zrt., B3 Takarék Szövetkezet, FHB Bank Zrt. and the Budapest Bank Zrt., 77.6 billion HUF worth requests were positively evaluated...

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Money can be saved on commercial vehicles

Tibor Szilveszter, sales and marketing director for vans at Mercedes Benz told Trade magazin that thanks to the engineering innovations of Mercedes-Benz, drivers can bring the most out of their...

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Safety depends on the quality of tyres

The fleet sector is of strategic importance for market leader Abroncs Trade House. Sales director Árpád Tiszay told Trade magazin that Hungary’s most modern tyre service centres, a large stock...

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Cocoa has not been so cheap for ten years

Global cocoa prices reached near historically low levels for ten years with continuous decline. The decline was caused by the fact that the increase in Chinese demand is less than...

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Production of poultry can be restored until October

Following the nearly 10 percent decline in poultry due to avian influenza in October, the production of poultry can be restored until October – Origo wrote after Világgazdaság. Csorbai Attila,...

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Export can pull the corporate sector up

Over the next year, the domestic large companies expect a 2.2 percent increase in sales and a 1.4 percent profit increase. This is a downturn compared to last year’s forecasts,...

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The perception of the euro area economy has improved

Although the July economic sentiment index of the German ZEW Economic Research Institute was weaker than expected, the economic situation in Germany remained unchanged among the investors, and the perception...

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Eastern Europe’s carriers oppose the new Western European rules

The representatives of carriers from Eastern European countries protested att he EU Transport Commissioner due to the new Western European rules which, in their view, hinder the free services and...

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Dairy product board: dairy products can only be purely of animal origin

Only products of animal origin can be called dairy products and can be marketed according to the decision of the European Court of Justice – Harcz Zoltán, Chairman of the...

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Grain growers: there is a large difference in crop yields at mid-harvest

There are large differences in cereal yields at half-time of the harvest; The quality of the crops is good, but the volume may fall short of last year – the...

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Budapest Bank: investment mood in agriculture is growing

Investments may continue to grow this year: after 23 percent last year, 35 percent of the companies would increase their total investment, on average, by doubleing them, according to an...

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Credit card purchase is becoming more and more popular

The consumers are becoming more and more conscious of the use of credit card purchases and the use of the card – Gergely Péter, analyst ofBankRáció.hu told M1 news channel....

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The European Soybean Declaration was signed in Brussels

On Monday, the Agriculture Ministers of fourteen EU countries signed the European Soybean Declaration to encourage the cultivation of GMO-free products, including soybean for food and feed. Fazekas Sándor, Minister...

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A quarter of bees have died in recent months

A quarter of the bee stock has died in recent months due to viruses spread by the Asian bee mite. Domestic honey supply is assured, but it is possible that...

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The sales of cigarette accelerates during the festival season

In June, more than 16,000 Hungarians lit a cigarette per minute – origo wrote in the wake of Világgazdaság. The tobacco market accelerates during the festival season. According to the...

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The price increases in Europe slow down

The annual comparative consumer prices in the euro area and in the European Union rose at a slowing pace in June. According to the data released on Monday by the...

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Cattle is fed with sweets

Mount Gambier lies almost halfway between the cities of Melbourne and Adelaide, Australia It’s the biggest town around for more than 200 miles but has a population of fewer than...

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The EU’s unemployment rate is at a low point

Employment has been rising over the past few years in the European Union and unemployment has been the lowest since the economic crisis in 2008, according to the European Commission’s...

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Milk’s price climbed back

In April 2017 agricultural production prices increased by 4.1 percent from the level of April 2016 – reported the Central Statistical Office (KSH). This rise was the result of the...

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LG battling food waste

LG has joined forces with the London Vegetable Orchestra (LVO) to raise awareness of the issue of food waste, and to show how consumers can preserve fresh food days or...

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Global food import bill on the rise despite stable markets

Global food commodity markets are well-balanced, buoyed by ample supplies of wheat and maize and rebounding production of oilseed products. However, rising shipping costs and larger import volumes are set...

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Despite the VAT cuts, the price of pork increased

Pork has been significantly cheaper over the last year, so more and more people hear that there is nothing to do with VAT cuts because they can not lower the...

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The Nébih tested Caucasian kefirs

The National Food Chain Security Office (Nébih) tested Caucasian kefirs. Serious problems were not found during the investigations – the agency told MTI on Friday. According to Nébih’s announcement, 17...

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A quarter of autumn wheat is already in the storages

A quarter of the nearly one million hectares of winter wheat in the country are already in the storehouses; This year’s average yield will be around 5.2 tonnes per hectare...

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The number of women is increasing in agriculture

The proportion of women working in agriculture in the world is growing steadily, not only in the labor force, but also among the owners and managers of the farms –...

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