Market News

NAK’s first Service Center was opened in Hajdúböszörmény

The National Agricultural Chamber (NAK) opened its first Service Center in Hajdúböszörmény on Thursday; after the evaluation of the experiences, the organization plans to establish a number of similar centers...

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Don’t forget to submit the poultry and pig animal welfare grant applications!

The poultry and pig animal welfare grant applications should be submitted between 7 and 31 December 2016. On the basis of the 139/2007 (XI. 28.) FVM regulation on the conditions...

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More beer sold

According to Heineken’s report, in the 3rd quarter 0.6 percent more beer was sold in Europe than in the 2nd quarter. The company did best in Spain, the Netherlands, France...

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A slowdown in US growth

Now that the end of the year is approaching, US consumers are spending less on food than at the beginning of the year. Still, retail sales are on the rise...

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Coffee, with a little alcohol

British company Costa Coffee opened its first store that also serves alcohol in the evening hours. The company introduced three new flavours as well: 100-percent Arabica coffees from Sumatra, Kenya...

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Vegeta: the salt of the Adriatic region

According to an Ipsos survey, Vegeta is the strongest local brand in the Adriatic region – in Croatia, Slovenia, Bosnia and Herzegovina and Serbia. This popularity is the result of...

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Hungarians spend 40 thousand HUF on average for Christmas

The amount for Christmas spending is 40 thousand forints this year, half of the population spends less than 25 thousand HUF for Christmas this year – according to the representative...

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Takarékbank: economic growth may be 2.1 percent this year and 3.6 percent next year

According to the analysts of the Takarékbank (Savings Bank), the economic growth of Hungary may be 2.1 percent this year and 3.6 percent next year and 4 percent in 2018....

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The productivity of the domestic firms is improving but still far from the EU

Although there are some positive trends, there are major differences depending on company size and sector, but the productivity of only 1-2 percent of the domestic companies can be considered...

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Bird flu: state compensation on the basis of market value

After the disease control measures imposed in connection with the bird flu, the breeders can request for state compensation on the basis of market value of the livestock. The first...

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Beer and More

Beer can be associated with all festive courses from cabbage to sweets. The basics of the beer-food pairing can be easily learned. The beer gastronomer of Beer and More Vásárhelyi...

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Utility bill payment machines in retail units

Hungarian Post Zrt. started cooperation with CBA and Rossmann Hungary: utility bill payment machines will be installed in 91 drugstores and grocery stores all over Hungary. Rossmann hopes that thanks...

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Online shops getting ready for the end-of-year season

In the first half of 2016 online retail sales expanded by 18 percent to HUF 131 billion. Demand was the biggest for consumer electronics: these products were sold online in...

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FAO promotes healthy diets through nutrition education training

FAO’s needs assessment conducted in 2010 in seven African countries revealed a lack of suitable approaches and relevant trainings to promote nutrition behavior change. Two years later FAO launched the...

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Hungary is an important market for Italian products

The demand for Italian products keeps growing in Hungary: in 2015 Italian export to Hungary grew by 7.7 percent and in the first five months of 2016 the growth rate...

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FM: the EU Agriculture Ministers urged to strengthen the bargaining power of producers

The agriculture ministers of the EU Member States have adopted a political resolution on Monday, inter alia, about the suppress of unfair distribution practices – the Ministry of Agriculture (FM)...

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The HIPA is expanding its support system

The support system of the National Investment Agency (HIPA) is extended with new elements from the beginning of next year. As a result the proportion of high value-added projects in...

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Agriculture’s environmental opportunities are expanding

The Hungary’s Environmental Status in 2015 publication was published, which deals with issues including soil quality, water status, the use of water resources, wildlife and landscapes status, changing climate, agriculture...

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Budapest Bank: the domestic companies are cautiously optimistic

Most the Hungarian CEOs are cautiously optimistic in terms of economic prospects. As the result of the increased orders close to 90 thousand new jobs may be created in the...

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Free water

The wells dag without permission secretly or not secretly will give meager “paper work” for the Winter. Due to a legislative amendment, the wells dag without permission before 4 June...

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Zagreb won the title for the most beautiful Christmas market in Europe again

After last year, Zagreb once again won the title for the most beautiful Christmas market in Europe, on the basis of the assessment of the online voters of the European...

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Obligation to report the address of the accounting firm used

As a new requirement of the tax authorities, businesses must report the address of the accounting firm they use if the company’s books are only kept on the computer of...

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NAK Services Centre wants to give more

NAK wishes to expand the range of services offered by the Services Centre in Hajdúböszörmény. The chamber would like seed, fertiliser and pesticide companies, plus banks with loan products targeting...

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Vocational education conference in Békés County

NAK’s Békés County directorate organised a vocational education conference in Békéscsaba in the middle of November. There were about 30 participants at the very successful event, from the representatives of...

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New small-scale farmer IDs from January

From January only the new type small-scale farmer IDs are going to be valid. The Hungarian Chamber of Agriculture (NAK) informed that already 190,000 small-scale farmers had received their new,...

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Not all types of eggs will be under the five percent VAT rate

According to the parliament's decision, on 1 January 2017 the VAT on eggs and milk to be reduced. But not all types of eggs will be under the five percent...

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Workania: retailing has become the largest labor recruiter in Hungary

The demand towards sellers and salesmen, cashiers and warehouse laborers increased significantly in the retail trade so this industry has become one of the biggest recruiter in Hungary – according...

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Despite the Sunday store closure has ended, the significance of Sunday decreased in case of card users

The Sunday store closure thoroughly reorganized the consumer habits of the card users: half a year after the lifting of the ban on Sunday working far fewer people are paying...

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Advertising Association: the government undermines the outdoor advertising market

According to the Hungarian Advertising Association (MRSZ), the surtax on outdoor advertisings is not compatible with the EU law and kills the advertising market. They believe that the combined effect...

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