Market News
Trade Association: more and more businesses join to the Black Friday special action
More and more businesses join to the Black Friday special action in Hungary. However there are no nationwide totals about the domestic shops involved in the Black Friday. Vámos György,...
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Hungarian Export Day: another record may come this year
On the basis of the current informations, the Hungarian economy is expected to be able to show the highest export figures of its history – Szijjártó Péter Foreign Economic Relations...
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SME lending may expand after the closure of the National Bank’s credit growth program
In the three stages of the credit growth program (NHP) 36 103 enterprises received fundings worth 2459 billion HUF. The program has contributed significantly to economic growth and employment expansion....
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The food chain safety agency closed down a bakery in Budapest
Severe hygiene problems and insects contaminated ingredients were found in a bakery in Budapest by the inspectors of the National Food Chain Safety Office (NÉBIH). During the action, more than...
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Sales growth continues
Between February 2015 and January 2016 wiener sales represented a value of nearly HUF 37 billion, with the category realising 15 percent of total processed meat product sales in value....
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What to invest in?
In a period when central banks keep interest rates low and try to make the level of inflation higher, in order to speed up the economy, the question emerges: What...
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Hungary exports more poultry meat
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that on the 39th week of the year Hungarian Vilmos pear cost HUF 355/kg...
Read moreFazekas Sándor: the Hungarian agriculture reached a historic record this year
The production of the Hungarian agriculture in 2016 reached a historical record – Fazekas Sándor, Minister of Agriculture told M1 news channel on Wednesday. As an example he mentioned that...
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Gross wage increase can be double-digit next year
Next year with the realization of the contribution reduction agreement and wage increases the increase of gross wages can be up to double-digit on average – analysts told MTI. According...
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Macfrut could be turned into an innovative fruit and vegetable farming trade show
György Csizmadia, vice president of the Interprofessional Organisation for Fruit and Vegetable (FruitVeB), is of the opinion that Macfrut could be turned into a trade fair that presents new ideas...
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An agreement was born on next year's wages
On Tuesday, the government agreed with the social partners over the next two years’, minimum wage increase and contribution reduction. Due to the agreement, the Minister of National Economy expects...
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The termination of the sugar beet quota creates sharp competition
The termination of the sugar beet quota on 30 September 2017 will create a very sharp competition – the Minister of State of the Ministry of Rural Development said in...
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FM: The public discussion of national food industry strategy was closed
The public discussion of the national food industry strategy that will be valid until 2050 was closed – the Ministry of Agriculture (FM) told MTI on Tuesday. According to the...
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Workania: young people prefer high wages, while the elderly seek security
People around age 40 earns the most money, while people over 55 and school leavers earn the least money in Hungary. Young people prefer high wages, while security is more...
Read moreKSH: the number of farmer organizations has increased
According to the preliminary data of the Agrárium 2016 (Agriculture in 2016) economic structural survey, 9 thousand agricultural enterprises and 416 thousand private farms carried out agricultural activities in 2016...
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NGM: another one billion HUF for kindergarten kitchen improvement
The Minister for Economic Affairs decided to grant a further one billion HUF support to improve the technical conditions of children’s nutrition. Thanks to this additional amount, the kitchens of...
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The National Stud Farm and Educational Farm was established in Mezőhegyes
On the basis of the government’s decision, the government repurchased the Mezőhegyesi Ménesbirtok Zrt. (Mezőhegyesi-based Stud Farm Ltd.) that was privatized in 2004. The government paid more than 2 billion...
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European consumers are confident
Consumer confidence strengthened appreciably in the euro zone in November, while in the European Union a slightly less improvement occured – according to the European Commission's preliminary flash estimate that...
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(HU) Milliós támogatást is érhet az informatikai audit
Sorry, this entry is only available in HU....
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Parcel delivery across borders
Domestic CEP market leader Hungarian Post now offers a new international parcel delivery service, called MPL Europe Standard. The new service is provided at a better price, it is faster...
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K&H: an agrotechnological change is necessary
According to K&H’s agricultural sector development division, due to high yields in the world market and the large volume of stocks, farmers have to prepare for low product prices for...
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Beauty care product sales above the average
In the first half of 2016 retail sales of household chemicals and cosmetics valued at HUF 186 billion. Like-for-like value sale were up 5 percent but volume reduced by 2...
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Poultry sector gains momentum
In 2015 the poultry sector was responsible for 13.3 percent of the country’s agricultural output. The sector’s poultry breeding performance improved by 8 percent last year. 50,000-60,000 people work in...
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Ingredients that guarantee success
Housewives prefer those baking ingredients that guarantee success, even if they cost more than other products. Eszter Varga, trade marketing and category manager of Dr. Oetker Hungary told that the...
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Magazine: Japan, you are so sweet
Cake from water – only the Japanese can make something like this. It looks a bit like traditional Japanese sweet mochi and it is served with a sugar syrup and...
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Nielsen: 432 tonnes of chocolate Santas was sold last year
The food retail sector broke a record again last year in terms of season seasonal sweetness sales during the Christmas holidays. The stores achieved a more than ever, 3.4 billion...
Read moreThere is a lack of medium-sized breweries
The domestic beer producers’s revenues increased steadily over the past three years, but among the market participants there is an extremely lack for medium-sized plants – the analysis of the...
Read moreHungarian National Retail Federation: the minimum wage increase may cause problems to the SME sector
The government’s planned minimum wage increase may cause serious problems to the small and medium enterprises (SME) sector in 2017 – the Hungarian National Retail Federation called attention on Friday....
Read moreGKI: business and consumer expectations have improved
In November – after the three year nadir in October – the GKI economic index has strengthened to the levels of Spring. According to the survey of GKI (www.gki.hu), conducted...
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We might drink from 80 years old aluminum cans
Unbelievable but true: 75% of the aluminum cans produced and marketed ever are still in circulation, because it is constantly being recycled. So in the raw material of the cans...
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