Market News
The PayPal.Me was launched in Hungary as well
Date: 2017-02-02 11:25:43
According to the statement of PayPal sent to MTI, with the new PayPal.Me service anyone can send and receive money with a unique link, which can be sent to the...
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The Government declared 2017 as the year of Furmint
Date: 2017-02-02 11:16:36
The Government declared 2017 as the year of Furmint, with the aim to raise the attention of the international and domestic markets and the consumers on one of the most...
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KSH: export growth continues further
Date: 2017-02-02 11:12:06
Last November, export value in euros increased by 5.8, while the value of imports increased by 5.1 percent, compared to the same month of the previous year. The trade surplus...
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New tenders are available for farm development and natural disasters prevention
Date: 2017-02-02 11:05:22
Two new combined 10 billion HUF worth proposals appeared under the Rural Development Programme: support for infrastructure development of the farms and investments for the prevention of hailstorms – the...
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Deterioration in consumer confidence in the United States in January
Date: 2017-02-02 11:02:57
The Conference Board Consumer Confidence Index, which had increased in December, retreated in January. The Index now stands at 111.8 points, down from 113.3 in December. The Present Situation Index...
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Air cargo and passenger traffic increased in 2016
Date: 2017-02-02 11:00:36
According to the data of the International Air Transport Association (IATA), air freight grew by 3.8 percent, while passenger traffic increased by 6.3 percent in 2016 compared to the previous...
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Annual packaging barometer
Date: 2017-02-02 10:44:20
Hungary’s packaging industry is an important one in Europe and it keeps developing. This year’s preliminary data are also positive, but the growth rate seems to have slowed down a...
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Sales remain concentrated when it comes to creames
Date: 2017-02-02 10:27:17
Cream retail sales were realised in the value of HUF 7 billion in January-September 2016. Like-for-like value sales rose 3 percent and volume sales got 4 percent better. Cream sales...
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Better-than-average trends
Date: 2017-02-02 10:19:02
In the first three quarters of the year 200m² and smaller shops had a 27-percent share in the retail value sales of grocery categories audited by Nielsen. However, from candy...
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In the same team as Messi
Date: 2017-02-02 09:30:38
Nestlé cooperates with Lionel Messi in popularising a healthy lifestyle among young people. A four-year contract has been signed, making the Milo brand FC Barcelona’s ‘tonic food drink’ product. In...
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Nielsen: an increase in the weight of large stores in food-retailing
Date: 2017-02-01 11:55:44
Food retail trade reached an around 1620 billion HUF turnover between December 2015 and November 2016, 2 percent more than during the same period of the previous year. Nielsen’s Retail...
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The NGM turns to the competition office if the effect of the VAT reduction fails
Date: 2017-02-01 11:45:47
The National Economy Ministry (NGM) will turn to the competition office if the market operators violate of the competition rules and affect the market processes in a way that the...
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The Italian-led cheese manufactory will launch a training
Date: 2017-02-01 11:35:46
The CBA opened a cheese manufactory in Veresegyháza in order to ensure quality cheese consumption in Hungary – Fodor Attila, Director of Communications of the Hungarian chain told MTI at...
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Workania: the average salary increased slightly last year in Hungary
Date: 2017-02-01 11:28:16
Gross salaries increased last year, compared to the previous year. The earnings continue to be the highest in Budapest, but wages are also affected by educational attainment, the job and...
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The long-lasting cold caused damages in the autumn crop
Date: 2017-02-01 11:23:57
Because of the bad weather most of the autumn sowings developed poorly in Hajdú-Bihar county, due to continuous cold the situation deteriorated further – the regional president of the National...
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Economic growth accelerated in Europe
Date: 2017-02-01 11:09:41
Economic growth accelerated in Europe both in the European Union as a whole and in the euro area in the last quarter of last year – according to the first...
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Europe’s unique soil quality research center will be established
Date: 2017-02-01 11:08:14
The internationally recognized researchers of the Eötvös Loránd University’s Faculty of Sciences (ELTE TTK) and the Hungarian Academy’sf Agricultural Sciences Research Centre (MTA ATK) will create a new strategic R...
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Euro area inflation strengthened in January
Date: 2017-02-01 11:01:04
According to the preliminary data of the European Union’s statistical office (Eurostat), euro zone’s inflation became 1.8 percent in January, after the 1.1 percent of December. The 8.1 percent annual...
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Modernised Lipica horse equestrian centre
Date: 2017-02-01 10:45:51
As part of a modernisation project, from HUF 1.8 billion a new, roof-covered equestrian centre was built in Szilvásvárad. The buildings serving the centre are also refurbished – works will...
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Mohács abattoir nears completion
Date: 2017-02-01 10:30:31
The test run of the new, HUF 20-billion Mohács abattoir – built by Market Építő Zrt. for MCS Vágóhíd – started in November. Production will commence in the first quarter...
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Quality Innovation 2016 competition winners announced
Date: 2017-02-01 10:26:06
The president of Finland started the Quality Innovation programme in 2007 in cooperation with quality assurance organisation Excellence Finland. In the National Prize category Pick Szeged Zrt. was one of...
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Honey falsification: EU needs to take actions against honey adulteration
Date: 2017-01-31 11:34:07
If the beekeepers would sell their honey at current price it would mean bankruptcy for them – Nagyernyei Attila, president of the Tolna County Apiary Association told. The purchasers offer...
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The appropriate use of the digital economy would create more than 100 thousand new jobs in Europe
Date: 2017-01-31 11:31:14
The start-up technology companies increasingly go to Asia or to America and Europe seems to lag behind the developments in the digital market. If a Franco-German Valley would be established...
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Seklerland would also use the pálinka product name
Date: 2017-01-31 11:25:44
Kovászna, Hargita and Maros counties in Székelyföld asks for the amendment of the pálinka law from the Hungarian government. They also want to use the pálinka product name. The Hargita...
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Firms and households saved huge amounts in December last year
Date: 2017-01-31 11:12:58
The population and the companies both increased the amount of their deposits in the last month of last year – according to the recent data of MNB, published on the...
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A tender to prevent of hail damages
Date: 2017-01-31 11:05:09
The Prime Minister’s Office published an application that supports investments for the prevention from hail damages – agrarszektor.hu wrote. The applications can be submitted between 14 March 2017 and 13...
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German retail sales declined
Date: 2017-01-31 11:02:40
Retail sales in Germany declined unexpectedly in December, provisional data from Destatis revealed Tuesday. Retail sales fell 0.9 percent in December from November, confounding expectations for an increase of 0.6...
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Economic sentiment improved in the euro area and declined in the EU
Date: 2017-01-31 11:01:30
In January, the economic sentiment improved slightly in the euro area and deteriorated somewhat in the EU – according to the communication of the European Commission Directorate-General for Economic and...
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More than 8 billion HUF for farm development
Date: 2017-01-31 11:01:21
The Prime Minister’s Office announced a grant for farm infrastructure development. A total of 8.2 billion HUF is allocated in the Rural Development Program for tghis purpose – agrarszektor.hu wrote....
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Hungarian consumer confidence at six-year record high
Date: 2017-01-31 10:18:12
The confidence index of Hungarian consumers increased by 7 points from Q2 to Q3 2016 and reached 64 points – the highest level since 2010. In Europe the average of...
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