Market News
The proper digital and tax environment is the precondition of the success of the economy
Szijjártó Péter, Minister of Foreign Affairs was the guest of the Economic Summit of the Hungarian Association of Employers and Industrialists (MGYOSZ). At the event, Dr. Futó Péter, President of...
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Trading House: The Hungarian companies are competitive in the Iraqi market
In just a year, the value of total Hungarian exports to Iraq increased by 30 percent, which demonstrates that the Hungarian companies are open and competitive in the Iraqi market...
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(HU) GKI: Eddig a vártnál gyorsabb ipari és lassabb kiskereskedelmi bővülés
Sorry, this entry is only available in HU....
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Destination: Iran!
Iran is the biggest country in the Middle East (its territory is 1,648,195km²) with a population of 82.2 million. The size of irrigated land is bigger than Hungary: 95,000km². Iran’s...
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Producing quality for 125 years
The Dr. Oetker brand has stood for reliability and quality since the start in 1891. Dr. Oetker Backin Baking Powder, Vanilla Sugar and Pudding Mix have been the first products,...
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Last year’s domestic advertising spendings increased by 11 percent
Last year, the domestic advertising spending was 216 billion HUF, 11.2 percent more than a year before – according to the data published by the Hungarian Advertising Association (MRSZ) on...
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Almost 50 tons of food was seized by the Nébih in recent months
More than 47 tonnes of fake or poor quality food and 107,000 liters of other products were withdrawn from circulation by the National Food Chain Safety Office (Nébih) during the...
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KSH: the foreign trade surplus in the first quarter is close to 2.5 billion euros
In the first quarter, exports in euros increased by 12.6 percent, and imports in euros by 14.6 percent compared to the previous year. The foreign trade surplus decreased by 72...
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Gimme a five!
The Fittest Workplace Program is operating since half a decade. During this time, more than 80 companies and organizations filled over a total of over 10,000 questionnaires. Based on this,...
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The KPMG is introducing a Social Investment Program for Educational purposes
The KPMG announces its social investment program aimed at developing the economic knowledge and financial awareness of the young people between the ages of 7 and 18 through skills development...
Read moreCzech retail sales increased significantly
The Czech retail trade rose by 7.8 percent in March, in annual comparison, after the 0.6 percent of February – the Czech statistical office (CSÚ) reported on Tuesday in Prague....
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Chamber organises a pest control roadshow
The National Food Chain Safety Office (NÉBIH) and the National Council of Wine Communities (HNT) started their pest control roadshow on 21 March 2017. This series of programmes focuses on...
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There is still a two-digit growth in e-commerce
The European e-commerce continues to grow at around 12 percent per year, while the Hungarian players are expecting a somewhat higher average growth of between 15 and 20 percent –...
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Kósa submitted the advertising tax modification
Kósa Lajos, on behalf of the Parliament’s Economic Committee, has submitted a modification of the amendment to the Act on Advertising Taxes – portfolio.hu wrote. The document on a single...
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Incentive to invest is still a strong in agriculture
While the farmers are being more cautious due to several factors in farming, they continue to focus on reinforcements and efficiency over the next 12 months, according to the Takarék...
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The price of cocoa is on a ten year low
Chocolate is expensive, sweets have increased by 4.1 percent in the past year. Now the world market price of cocoa has dropped to almost ten-year low. But the price is...
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The exhibitors of OMÉK can apply for the “Preventing Food Waste Award”
The exhibitors of the 78th National Agricultural and Food Exhibition and Fair (OMÉK) can apply for the “Preventing Food Waste Award”. The 78th National Agricultural and Food Exhibition and Fair...
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MNB: the wealth of households and companies is growing
In March, households put 18.6 billion more, and companies put 5.2 billion more forints deposits into the domestic banking system than the amount of loans they borrowed, according to the...
Read moreThe first agri-rural development customer service office has opened
At the handover ceremony of the Agriculture and Rural Development Office on Friday in Hódmezővásárhely, Lázár János, Minister leading the Prime Minister’s Office said that the aim of the government...
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The mood of investors is nearly on a 10-year peak
Investor sentiment in the euro area rose to its almost 10-year high in the euro area in May after the significant improvement in April. In May, the investor mood index...
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IDC: the world market turnover of tablet PCs continued to fall
The worldwide tablet market declined for a tenth straight quarter on a year-over-year basis last quarter, according to IDC. The market research firm estimates tablet shipments totaled only 36.2 million...
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Oral care category gains momentum
Combined sales of toothpaste, toothbrush, mouth wash and electric toothbrush exceeded HUF 23 billion last year – they were worth 5 percent more than in 2015. TOOTHPASTE: last year toothpaste...
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Unproportionate fines on the motorway
The Court of Justice of the European Union (CJEU) ruled that the Hungarian regulation for punishing those who miss road toll payment is against EU law (Eurovignette directive). Two Hungarian...
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Sales increase in both value and volume
Annual deodorant sales are just below HUF 18 billion. Both value and volume sales increased by 3 percent in the February 2016 and January 2017 period. Sales are very much...
Read moreGrowth in retail sales may accelerate in the coming months
Growth in retail sales may continue to accelerate in the coming months – according to analysts interviewed by MTI. According to the first estimate released by the Central Statistical Office...
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The MLE and the MTE are protesting against the increase of advertising tax
The position of the Association of Hungarian Newspaper Publishers and the Association of Hungarian Content Providers is unchanged, and again we express our serious concerns about the expected effects of...
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FM: The sheep and goat sector performed well in recent years
The sheep and goat sector performed well in recent years and its production increased by 11 percent in volume between 2010 and 2015, rising by almost 50 percent at current...
Read moreA new grain strategy has been formulated by professionals
The further expansion of the Russian and Ukrainian production, which already dominates the cereals market, threatens the export markets of domestic farmers. In order to preserve their traditional markets and...
Read moreMoody’s: the slowdown in productivity growth is one of the major global growth risks
The persistent decline in labor productivity growth, one of the key drivers of overall economic performance, corporate profitability and the government tax base, remains among the most significant risks to...
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