Market News
Details about the legalisation of wells
Many questions emerged in connection with the legalisation of wells dug illegally. Those concerned by this can find useful information on the NAK website....
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The Chinese market needs to be approached cautiously
It is very important to know that businesses that wish to enter the Chinese market need to be aware of how important the following things are in the country’s business...
Read moreAnalysts: retail sales growth slowed, but continues
The increase in retail sales slowed down, but continues, the decline in pace was probably only temporary – analysts commented on Friday published data of the Central Statistical Office (KSH)...
Read moreThe indication of the availability of consumer protection authority is not mandatory in the stores
The indication of the availability of consumer protection authority is still not mandatory in the stores, due to the lack of this, the authority shall not fine the traders, as...
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The Government will indemnify all the farmers due to the bird flu
The Government will indemnify the farmers for their losses, incurred due to the avian influenza; a total of more than 3 billion HUF is available for this purpose of which...
Read moreThe assessment of frost damages has started in agriculture
The assessment of frost damages has started in the orchards and fields – the leaders of the trade unions told MTI on Monday. Ledó Ferenc, chairman of the Hungarian Fruit...
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Hungary has not yet been informed of the proposed Russian banning of the poultry meat import
The Hungarian authorities have not yet received formal notification that Russia bans poultry imports from European countries hit by bird flu – the National Food Chain Safety Office (NÉBIH) told...
Read moreLázár: the country’s economic reserves are in Southern Great Plain
Due to its agricultural and food options, and due to its working force resrerves, Hungary’s economic reserves can be found in the South Plains region – the Minister leading the...
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The black diamond collection season will restart after the frosts
Million worth living treasures The success of Széll Tamás at the Bocuse d’Or contest with his vegan meals containing Hungarian truffles as well as the Hungarian mushroom record found in...
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K&H: more and more under age have a bank accounts
The number of bank accounts of people under-18 increased significantly in the past 10 years. As a result more than 30 thousand young people have bank accounts at the K&H...
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Education must be adapted to the agricultural and food industry market needs
Education must be adapted to the agricultural and food industry market needs, so the demand and supply of labor must be coordinated – was said at the roundtable discussion organized...
Read moreRomanian retail sales volumes grew 13.5 percent last year
The volume of Romanian retail sales increased by 13.5 percent last year, over the previous year – the Romanian national statistical institute announced on Friday. The increase is primarily due...
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Because of the “olive Ebola” two thousand trees had to be destroyed in the Balearic Islands
Due to the spread of the Xylella fastidiosa disease about two thousand trees had to be destroyed in the Spanish Balearic Islands, which therefore limited the export of certain plant...
Read moreComposition of Szekszárd Bull’s Blood wine changes
As of 2016-2017 the composition of the Szekszárd Bull’s Blood cuvée wine changes: in the future this cuvée will be made from four instead of three varieties, and from these...
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Home market still lead by Budapest, other areas catching up in commercial properties
In January 2017, the Budapest and the Hungarian real estate market indices of GKI-MGYOSZ stood at +4 and +2 points respectively. The index figure in Budapest was slightly up (within...
Read moreEuropean retail chains getting stronger
In Q3 2016 the sales revenue of European retail chains increased – according to a report by Moody’s Investors Service. Moody’s vice president Vincent Gusdorf told: the good performance is...
Read moreRetail sales increased by four and a half percent in 2016
The volume of retail sales increased by 4.5 percent in 2016, after the 5.8 percent of the previous year. The calendar-adjusted figures indicate a 4.6 percent increase – according to...
Read moreNGM: retail turnover increased in all three sub-sectors in 2016
Retail sales increased last year in the food, non-food and fuel retail sub-sectors – Marczinkó Zoltán István, Minister of State of the Ministry of National Economy (NGM) told M1 news...
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The food vending machine operators will be given 1.8 billion HUF support for the purchase of the monitoring device
According to the decision of the government, the Food vending machine operators will be given 1.8 billion HUF support for the purchase of the monitoring device – the Magyar Közlöny...
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Paprika mill plant was handed over in Tiszaszentimre
A paprika mill plant was handed over on Friday in Tiszaszentimre Jász-Nagykun-Szolnok county. The 64 million HUF project was implemented by the Ministry of Interior’s subsidy of 56 million HUF....
Read moreYear-round event series to promote Belgian beer culture
The Belgian Beer Master professional website announces a year-round themed beer dinner and beer tasting series from February to promote Belgian beer culture. The Belgian Beer Master’s mission is to...
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Kosher goose from Csengele
A kosher slaughter house and poultry processor is being built in Csengele, Csongrád County with a greenfield investment of approximately 2.8 billion HUF. At the end of development, the plant...
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The Széchenyi Card Program closed its most successful year in 2016
The Széchenyi Card Program closed its most successful year of its existence in 2016, when the lending was the highest in the last 15 years, 180 billion HUF – Krisán...
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Hungary exports agricultural technology into Azerbaijan
In addition to the fruit tree saplings, Hungary exports agricultural technology required for grafts into Azerbaijan – the managing director of Hungarian Horticultural Propagation Office (MKSZ) told M1 news channel...
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Closer Hungarian-Russian cooperation on heavy industry development projects
“Cooperation between Hungary and Russia on heavy industry development projects and technologically intensive sectors will be further tightened”, Minister of Foreign Affairs and Trade Péter Szijjártó announced. Following his meeting...
Read moreCandies got more natural and creative
After the years of recession and the negative effects of the public health product tax (NETA), the candy market has just started to recover. According to Mónika Bata, managing director...
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The retail chains are open to negotiations that will improve the situation of the baking industry
The National Chamber of Agricultural Economics and the Hungarian Bakers’ Association organized a meeting on the baking industry’s situation with the participation of the retail chains. At the meeting took...
Read moreFAO: World food prices rose in January
The FAO Food Price Index rose notably in January, led by sugar and cereals, even as global markets remain well supplied. The FAO Food Price Index averaged 173.8 percent in...
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Confinement housing was orered
Bognár Lajos Chief Veterinarian ordered the confinement housing of poultry in the entire territory of Hungary. The measure is justified by the fact that the avian influenza virus was detected...
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The holidays days are over
Hungaryʼs seasonally adjusted Purchasing Managersʼ Index (PMI) rose to 56.5 points in January from a revised 52.8 points in December 2016, the Hungarian Association of Logistics, Purchasing and Inventory Management...
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