Market News

There will be campaign for water consumption in schools and kindergartens again

This year, the water consumption promotion campaign will be held again. This year, kindergartens may also apply for the so-called Happy Week program. According to a communication of the National...

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Magazine: The world is drinking Hungarian water

Hungary’s mineral waters perform well at national and international competitions. Many international tests prove that their price-value ratio is just as good as that of famous international brands. According to...

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More and more winemakers produce quality champagne, according to the expert

More and more wine producers produce quality champagne, because of the change in the legal environment. In Hungary high quality champagne can be bought at favorable prices – Keményné Koncz...

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NGM: Online billing may come next year

Online billing may debut next year: online data delivery will be mandatory from 1 July 2018 in case of billing programs. The taxpayers can test the system as early as...

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Hetedhét Cekker trademark for quality local products

Six villages in Csongrád county introduced the Hetedhét Cekker trademark to help the marketing of quality local products – Sánta Gizella (Independent) Mayor of Ruzsa told MTI. Ruzsa, Bordány, Öttömös,...

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FruitVeb: Major frost damages can occur in the north and north-east of the country

Major frost damages are expected in the north and north-east of the country- the Vice President of the Hungarian Fruit Vine Intergroup and Product Council (FruitVeB) said on Saturday morning...

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Consumer sentiment is on a three-month peak in the United States

The consumer sentiment reached a three-month peak in the United States in April – the regular monthly survey of Michigan University revealed. The results were published on Friday. In April...

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A breakthrough in mobile payment?

Mastercard believes that one-touch mobile payment is the next innovative payment solution to become widely used in Hungary. In a survey conducted by the payment technology company, it turned out...

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New methods, new approach, old goals

In 2017 the inspections of the National Tax and Customs Administration (NAV) aim at whitening the economy, fighting tax fraud, motivating for behaviour that complies with tax regulations and creating...

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Magazine: Familiar Flavours Reloaded!

Do you wish to eat something that can be prepared quickly, fits into a balanced diet and is tasty? We have good news for you: MAGGI Familiar Flavours Reloaded products...

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As many ‘German cuisines’ as regions

German food products have always been very popular in Hungary, because they are reliable, high-quality groceries made from the best ingredients, using the best technology. German groceries are consumed by...

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The Nébih and the Nutrition Health institute concluded a cooperation agreement

The National Food Chain Safety Agency (Nébih) and the National Institute of Pharmacy and Food Health (Ogyéi) have signed a cooperation agreement to promote an effective social understanding of food...

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(HU) A beruházások közel harmadát magyar forrásból finanszírozzák

Sorry, this entry is only available in HU....

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Economy can grow by 4 percent for this year and for the next

The Hungarian economy will expand by 4 percent this year and for next year – Kovács Árpád, Chairman of the Budgetary Council (KT) said at the conference of the Piac...

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It would not be possible to lease the local government fish management right

However, the local governments could not give fish management right to lease – Parliament’s Legislative Committee adopted an amendment with such effect. The amendment to the Act on Fisheries and...

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The Hungary’s Most Beautiful Kitchen Garden program is five years old

Last year, horticulturists of more than 300 settlements competed in the program – the Deputy Minister of State of the Ministry of Agriculture (FM) said on Thursday at a press...

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The euro area’s Economic Sentiment Indicator is at an almost ten-year peak

In April, the European Commission’s Business Climate Index in the euro area reached a six-year peak, while the Economic Sentiment Indicator (ESI) reached its nearly ten-year peak. In April, the...

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EU environmental policy makers were discussing about plastic waste in Malta

EU environmental ministers discussed the possibilities of fighting against pollution caused by plastic waste. The conference was organized by the EU Presidency in Malta on Wednesday, 26 April in Valletta....

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KSH: Prices up 2.7 percent in March

According to data from the Central Statistical Office (KSH), in March 2017 consumer prices were 2.7 percent higher on average than a year before. In comparison with March 2016, food...

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The Slovene parliament has voted the law on the rescue of the Mercator supermarket chain

The Slovene parliament approved the draft bill of the government on Tuesday to rescue the Croatian Agrokor subsidiary the Mercator retail chain that has serious financial problems. Legislation called lex...

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Significant increase in the price of vanilla

The vanilla prices rose to a record high after a cyclone caused serious damages in Madagascar, the world’s largest vanilla producer. Expansion can also affect ordinary consumers. The price of...

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Frost damage mainly affected the apple trees in Zala

In Zala County, due to the stormy wind and cold, the frost damages mainly occured at apple plantations. Rape could be damaged as well, but this might be apparent only...

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The government is launching a five billion HUF employment program

The government is launching a five-billion HUF grant program for the employment of disadvantaged groups – the Minister of State of the Ministry of Human Resources announced in Debrecen on...

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Grocery retail hit the brakes

In February 2017 retail volume sales augmented by 1 percent from the base period; adjusted for calendar effects, the sales growth was 1.2 percent. Food and food-type retail sales increased...

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Magazine: When cheese meets the price-sensitive consumer

Because of the Russian embargo that started in August 2014, an oversupply occurred in the Hungarian milk and cheese market in 2015 and 2016. Cheese prices started to decrease at...

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Three times more television ads

In February 2016 and January 2017 shops sold cheese for more than HUF 88 billion. The cheese category is the third biggest from the 90 audited by Nielsen, after processed...

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Nébih: the trappist cheeses met the food safety standards

All trappist cheeses tested by the National Food Chain Management Agency (Nébih) complied with the food safety considerations. Only minor deficiencies found especially nutrition labeling – the agency told MTI...

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Nine logistics organizations have developed a package of proposals to increase the competitiveness of the sector

More than 100 billion HUF surplus revenue can be generated by the measures that nine Hungarian logistics organizations jointly proposed in their sectoral assessment to the government – the Hungarian...

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The VSZT and the GOSZ test autumn wheat and maize in their experiments

The Seed Alliance Interprofessional Organization and Product Council (VSZT) and the National Association of Cereal Producers (GOSZ) are testing autumn wheat and maize in their experiments. The tests aim to...

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HENT: counterfeit products threaten 80 million European jobs

IPR industries continue to be the backbone of the EU economy, as almost half of the total economic power comes from the region, however, due to various types of piracy...

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