Market News
Swiss Krono’s new wood processing plant starts production
Date: 2016-12-22 10:48:10
Swiss Krono Group invested HUF 30 billion in building a factory that manufactures OSB panels in Vásárosnamény. State-of-the-art production technology is used in the new factory, where more than 100...
Read more
Changes in subsidies tied to production
Date: 2016-12-22 09:55:40
The conditions of subsidies tied to production and greening are going to change next year, so that farmers will be able to comply with the rules more easily. For instance...
Read more
State Horse and Model Farm established in Mezőhegyes
Date: 2016-12-22 09:50:23
After a government decision in November, the state bought back the Mezőhegyes State Horse Farm Zrt. for HUF 2 billion (it had been privatised in 2004) and merged it with...
Read more
Everything you wanted to know about the Christmas gift shopping
Date: 2016-12-21 11:59:16
Christmas is the most beautiful time of the year. Gift-giving is an integral part of Christmas, so the MOM Park with the contribution of GfK Hungária was searching for the...
Read more
Nielsen: 41 percent of the Hungarians believe that it is worth to by premium products
Date: 2016-12-21 11:58:15
Intense and uniquely aromatic arabica coffee, leaf tea on the highest degree of tea culture, sourdough bread made with great care or capsule washing powder. For example, most of the...
Read more
GKI expects a 3 percent growth in the economy and a 5 percent in consumption next year
Date: 2016-12-21 11:45:09
The Hungarian economy is essentially proceed along the path indicated in September. Due to the decline in EU subsidies, the 2 percent GDP growth of 2016 is one of the...
Read more
FM: the quality of bakery products can be improved, due to the amendment in the Hungarian Food Codex
Date: 2016-12-21 11:30:06
The regulation about the mandatory specifications of the Hungarian Food Codex was amended, which covers the regulations on bakery products as well. Thanks to the amendment higher-quality breads and bakery...
Read more
KSH: the rise in earnings has continued
Date: 2016-12-21 11:20:13
The gross average wage increased by 5.4 percent in a year and was 262.2 thousand HUF in October, while net earnings due to changes in the rules of personal income...
Read more
Major Christmas operation in the fish plant in Hortobágy
Date: 2016-12-21 11:15:20
Major Christmas operation has started in the plant of the Hortobágyi Halgazdaság Zrt.; ten tons of fish is processed every day – the CEO of the nation's largest fish farm...
Read more
GKI: labor shortage is the most acute at small companies
Date: 2016-12-21 11:07:21
Mostly, firms employing fewer than 20 people are looking for manpower, they could employ about a quarter more than the existing staff number – the GKI Economic Research Co. announced...
Read more
Twenty thousand new online cash register users in 2017
Date: 2016-12-21 11:05:00
The Ministry of National Economy (MNE) estimates that from January 1, the range of online cash machine users will expand by about 20 thousand enterprises. More than half of the...
Read more
The offerings of the Syngenta employees will be used to develop children
Date: 2016-12-21 11:02:45
Syngenta has organized a Christmas fundraising action. The toys and tools bought from the offerings of the company's employees will be used in the member institution of the Jász-Nagykun-Szolnok County...
Read more
A merchant from Újfehértó broke the lock of the authorities and re-tagged apples
Date: 2016-12-21 11:01:22
A merchant from Újfehértó broke into a warehouse sealed by the authorities and re-tagged 14 tons of apples that were waiting to be destroyed – the National Tax and Customs...
Read more
Hungarian consumer confidence at six-year record high
Date: 2016-12-21 10:41:40
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...
Read more
Growth rate slowing down in grocery retail
Date: 2016-12-21 10:38:23
In the first three quarters of the year the growth rate of grocery retail sales slowed down. Between January and September 2016 sales represented a value of HUF 1,200 billion...
Read more
Trade fairs: participation isn’t obligatory, but recommended
Date: 2016-12-21 10:35:11
Experts say that the international trade fair market is booming again. In general we can say that demand is the biggest for special trade shows with a well-planned concept, events...
Read more
Magazine: Business Days 2016: Facts and prescriptions (Part 2)
Date: 2016-12-21 07:31:08
On Thursday manufacturers were in the centre of attention at the Business Days conference. In the first section of the day the Branded Goods Association (BGA) was the host, with...
Read more
GKI: the consumer confidence index closed the year on its ten year peak
Date: 2016-12-20 11:26:52
The GKI economic index increased again in December. The index has been surging in a relatively narrow band for about three years and is now located at the top of...
Read more
MAGOSZ: cereals and industrial crops closed this year with a near-record harvest
Date: 2016-12-20 11:23:08
Thanks to the abundant rain, cereals and industrial crops closed this year with a near-record harvest – the chairman of the Hungarian Farmers' Societies and Co-operatives Association (MAGOSZ), told at...
Read more
FM: less hygienic problems at the Christmas fairs
Date: 2016-12-20 11:21:14
Less hygienic problems were found by the professionals at the Christmas events during this year's current winter seasonal food chain controls – the Minister of State of the Ministry of...
Read more
NGM: 3500 new cash registers were put into operation
Date: 2016-12-20 11:11:42
Until Monday noon, the enterprises installed around 3500 new cash registers. The 50 thousand HUF public support pertains to those cash registers that will be put into operation until 31...
Read more
Gardeners can apply for grants even in January
Date: 2016-12-20 11:10:20
The submision deadline of the “Modernization of Gardening – Gardening Machinery Support” application was amended to 6 January 2017. (MTI)...
Read more
The survey of Játéksziget was published
Date: 2016-12-20 11:04:11
In connection with the Christmas purchases, the staff of the Játéksziget carried out a survey, in what age the parents would buy a tablet or laptop to their children. One-third...
Read more
Inflation increased in the euro area and in the EU
Date: 2016-12-20 11:03:10
Inflation increased in the euro area and in the EU in November, both the euro area and in the European Union, compared to October, according to the data of Eurostat...
Read more
Food prices keep rising in the world market
Date: 2016-12-20 10:50:56
According to FAO, food prices continued to increase in October: the price index grew by 0.7 percent to 172.6 points. The report revealed that meat and vegetable oil prices dropped,...
Read more
The goal is to improve the situation of farmers
Date: 2016-12-20 10:16:40
In order to improve the situation of farmers, Brussels should reform the policy framework of the supply chain, fight unfair trading practices and facilitate accessing financial resources – stressed the...
Read more
Croatian companies on home soil
Date: 2016-12-20 10:16:15
Croatian retail chains will strengthen their positions further in the domestic market next year. Market leader Konzum modernised 10 stores and opens 10 new stores in 2016. In 2017 the...
Read more
The test selling of the premium category Áldomás food products has started
Date: 2016-12-19 11:55:29
The test selling combined with tasting of the premium category Áldomás food products has started in eight Prima stores in Budapest in early December – Magyar Levente Minister of State...
Read more
Turkey Association: the growth of the sector has stopped
Date: 2016-12-19 11:25:27
After the expansion of 2014 and 2015 the growth in the Turkey sector has stopped this year. This year’s production was around 102 thousand tons which is similar to last...
Read more
Good poultry export data
Date: 2016-12-19 11:24:44
According to the European Commission's latest November data, the total poultry meat output of the European Union is expected to rise 2.5 percent to 14.6 million tonnes compared to 2015....
Read more