Market News

GKI: economic growth can be around 3 percent this year

This year the GDP growth can be about 3 percent or slightly higher in Hungary – GKI Economic Research Co. told in its latest forecasts. In their communication sent to...

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FM: the horticultural sector should be developed

The fruit and vegetable production should be developed and the proportion of producer organizations should be increased in the horticultural sector to 40 percent – Nagy István, Minister of State...

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The majority of the SMEs spend less than one percent of the turnover on information technology equipment

The Hungarian small and medium-sized companies consider Internet use important: 84 percent of them have their own website, operated by professionals, but most of them spend less than one percent...

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FM: grants and favorable credits also help the farmers

Nearly 400 billion HUF European Union and about 100 billion HUF national support will flow into the Hungarian agriculture this year, contributing to farmers’ income stabilization – Czerván György Minister...

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(HU) GKI: Tavaly több mint 60%-kal estek a költségvetési szektor beruházásai

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

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The draft of the revised climate change strategy is complete

The draft of the second national climate change strategy for the 2017-2030 period providing outlook up to 2050 is ready. According to the document published on the government’s website by...

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Coordinated wine marketing: Cooperation between the state and the profession

The National Council of Wine Communities (HNT) signed a cooperation agreement with the Hungarian Tourism Agency (MTÜ) in order to ensure the coordinated and effective supply of community wine marketing...

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January retail sales in the eurozone

Eurozone’s retail sales increased by 1.2 percent year-on-year in January 2017, following an upwardly revised 1.2 percent growth in December and missing market expectations of an 1.6 percent gain. Retail...

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Logistics to miss out on digitalisation?

Logistics experts are worried that the sector will fall behind as the process of digitalisation is speeding up – revealed the Continental Mobility Study 2016. 9 percent of experts were...

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A big gun enters the Hungarian market

n November 2016 Spain-based Natur House, one of the most dynamically growing European franchise networks entered the Hungarian market. In Hungary NaturDiet Zrt. represents the healthy and weight loss diet...

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Magazine: Rapid beauty solutions are popular

Last year sales in the hair care category increased by 6.9 percent in value. The premium and natural hair care product segments were growing especially fast. According to Bianka Perge,...

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The number of employees broke a record in the EU and in the euro area again

In July-September, the number of employees in the European Union and the euro area has risen to a new record for the third consecutive quarter, indicating that the labor market...

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Coca-Cola Hungary starts dual trade education programmes at four universities

On 20 January 2017 Coca-Cola Hungary signed an agreement with four Hungarian universities to start dual trade education programmes. Thanks to the new type of cooperation the soft drink company...

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Januárban 4,7 százalékkal nőtt az üzletek forgalma

Januárban a kiskereskedelmi üzletek forgalmának volumene a nyers adat szerint 4,7, naptárhatástól megtisztítva 3,7 százalékkal nőtt az előző év azonos időszakához képest – jelentette pénteken első becslése alapján a Központi...

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FruitVeB: the fruit and vegetable sector is less affected by the frost damage

The frost damage affected the fruit and vegetable sector less – Ledó Ferenc Chairman of theFruitVeB Hungarian Fruit and Vegetable Interprofessional Organisation and Product Board told M1 news channel on...

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KSH: last year’s export surplus reached almost 10 billion euros

In December, exports were 7.6 percent, while imports were 9.3 percent higher than a year before, the monthly export surplus was 579 million euros, 58 million less than a year...

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The University of Sopron was given 424 million HUF for biomass research

The Forest Engineering Faculty of the University of Sopron received 424 million HUF for the researching of the conditions of the cultivation of woody biomass feedstock within the framework of...

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German retail sales fell in January

German retail sales fell unexpectedly in January, data showed on Friday. The volatile indicator, which is often subject to revision, showed retail sales fell by 0.8 percent on the month...

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Special Golden Chocolate Egg

Golden Chocolate Egg is a special product because inside each chocolate egg there is certified jewellery. Gold jewellery is 9-, 14- and 18-carat and silver jewellery is 925 sterling quality....

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Online shopping is comfortable and offers good prices

The most important reasons why consumers decide to buy online are comfortable shopping and good prices – reveals a survey conducted every year since 2001 by eNET. In 2015 Hungarians...

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Half a billion forints paid to hackers because of ransomware attacks

According to antivirus software manufacturer G Data, Hungarian companies pay. HUF 180,000 on average to hackers, so that they get back the access to the data on their computers. Having...

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Weekday shopping more important than before

Six months after the ban on Sunday trading was abolished, much fewer card payments are realised on the seventh day of the week than before. The latest data from Mastercard...

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Magazine: The world’s food industry until 2021

According to a study conducted by IGD Retail Analysis on the trends that will shape food retail trade in 2016-2021, purchasing power will grow, but retailers can only benefit from...

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FM: Hungarian farmers lost twice

The crisis on the pork and dairy market highlighted the fact that the Hungarian agriculture does not have enough storage and processing capacity, which is why the Hungarian farmers lost...

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FAO: World food prices rose in February

FAO’s food price index increased in February for the seventh consecutive month, this time led by increasing wheat and maize prices. The FAO Food Price Index averaged 175.5 points in...

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The conditions of several rural development tenders to be tightened

The application conditions of several rural development tenders to be tightened – the Minister of State of the Prime Minister’s Office, responsible for Agriculture and Rural Development announced at the...

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Tender to be launched for the marketing of fisheries products

A non-refundable tender resource will be opened for the marketing of fishery products with a budget of 400 million HUF – the Prime Minister’s Office told MTI on Wednesday. According...

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The Ficsak and the Emmi call for to make school canteens healthier

The Club of Young Families (Ficsak) and the Ministry of Human Resources (Emmi) call for to make school canteens healthier canteens. Király Nóra, founder of the Ficsak at a press...

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Carp installment has begun at the Lake Balaton

Balaton Fishery Management Company (BHN) started the spring carp installation into the Lake Balaton. Nagy Gábor, the company’s fishing industry leader told MTI on Thursday that 25-30 tons of carps...

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Young Entrepreneurs Association: only 27 percent of Hungarian entrepreneurs can be considered young

Twenty-seven percent of the Hungarian entrepreneurs belong to the age group under 40 years, only they can be considered as young entrepreneurs, however, there are 19 thousand companies can be...

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