Market News

So far, 6.4 million HUF fines were imposed during the winter seasonal inspections

So far, 6.4 million HUF fines were imposed during the winter seasonal inspections in 62 cases, and more than 15 tons of food products were withdrawn from circulation – Zsigó...

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The Kopint- Tárki improved its growth forecast for next year

The Kopint-Tárki Konjunktúrakutató Intézet Zrt. (Kopint- Tárki Business Climate Research Institute Plc.) has improved its forecast for next year's GDP growth from the 2.7 percent forecasted in October to 3.2...

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Give a name to the wine! A name contest to promote gamay

Eight wine bars in Budapest, a cellar from Szekszárd a wine shop and a wine-media collaborated to give birth to a Gamay wine. With the initiative, the participants wish to...

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Paper product buyers are hungry for innovations

Basket value is on the rise in the paper product market – this is especially true in the facial tissue category. When buying paper towel, consumers are looking for 1-2...

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Companies want customised stands

Partners of trade exhibition organiser and stand builder companies show growing demand for a 360-degree service. For instance in addition to building the stand, customers want them to help in...

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Useful and practical promotional gifts

Absolut Gift’s experience is that companies try to spend their gift budget in a well-planned manner. They tend to choose small products in large numbers, which are easy to put...

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Hostess services market: higher expectations

Edit Szabó, director of Wonderduck Agency Zrt. told our magazine that they believe in high-level services and transparent operation. This is the reason why they have customers that plan for...

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OKSZ: busiest week of the year to start

The week before Christmas is the year's strongest period in the shops. The traders are expecting more traffic during the golden weekend and in the coming days – the National...

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Retail sales may be over 1,000 billion HUF in December

On the basis of the October data, experts would not be surprised if retail sales would exceed 1,000 billion HUF in December – Marczinkó Zoltán, Deputy Minister of State of...

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KSH: retail sales rose in October

The volume of retail turnover increased by 2.6 percent in October, compared to the same period of last year – according to calendar adjusted and raw data – the Central...

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Less was consumed from more expensive wines

In the first 11 months of the year, the demand towards white wines decreased by five percent in Hungary, while towards red and rosé wines by 1 percent. The selling...

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Kürt: the dangers of online shopping can be avoided with everyday actions

The known Hungarian online stores maintain appropriate levels of safety. With preparedness and everyday steps the dangers of Internet shopping can be avoided – the KÜRT Információbiztonsági és Adatmentő Zrt....

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Purpose-checks from NAV before the holidays

The National Tax and Customs Office (NAV) checks the marketed products from imports to the shelves at the end of the year. The National Tax and Customs Office (NAV) also...

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NAK’s first Service Center was opened in Hajdúböszörmény

The National Agricultural Chamber (NAK) opened its first Service Center in Hajdúböszörmény on Thursday; after the evaluation of the experiences, the organization plans to establish a number of similar centers...

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Don’t forget to submit the poultry and pig animal welfare grant applications!

The poultry and pig animal welfare grant applications should be submitted between 7 and 31 December 2016. On the basis of the 139/2007 (XI. 28.) FVM regulation on the conditions...

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More beer sold

According to Heineken’s report, in the 3rd quarter 0.6 percent more beer was sold in Europe than in the 2nd quarter. The company did best in Spain, the Netherlands, France...

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A slowdown in US growth

Now that the end of the year is approaching, US consumers are spending less on food than at the beginning of the year. Still, retail sales are on the rise...

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Coffee, with a little alcohol

British company Costa Coffee opened its first store that also serves alcohol in the evening hours. The company introduced three new flavours as well: 100-percent Arabica coffees from Sumatra, Kenya...

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Vegeta: the salt of the Adriatic region

According to an Ipsos survey, Vegeta is the strongest local brand in the Adriatic region – in Croatia, Slovenia, Bosnia and Herzegovina and Serbia. This popularity is the result of...

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Hungarians spend 40 thousand HUF on average for Christmas

The amount for Christmas spending is 40 thousand forints this year, half of the population spends less than 25 thousand HUF for Christmas this year – according to the representative...

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Takarékbank: economic growth may be 2.1 percent this year and 3.6 percent next year

According to the analysts of the Takarékbank (Savings Bank), the economic growth of Hungary may be 2.1 percent this year and 3.6 percent next year and 4 percent in 2018....

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The productivity of the domestic firms is improving but still far from the EU

Although there are some positive trends, there are major differences depending on company size and sector, but the productivity of only 1-2 percent of the domestic companies can be considered...

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Bird flu: state compensation on the basis of market value

After the disease control measures imposed in connection with the bird flu, the breeders can request for state compensation on the basis of market value of the livestock. The first...

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Beer and More

Beer can be associated with all festive courses from cabbage to sweets. The basics of the beer-food pairing can be easily learned. The beer gastronomer of Beer and More Vásárhelyi...

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Utility bill payment machines in retail units

Hungarian Post Zrt. started cooperation with CBA and Rossmann Hungary: utility bill payment machines will be installed in 91 drugstores and grocery stores all over Hungary. Rossmann hopes that thanks...

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Online shops getting ready for the end-of-year season

In the first half of 2016 online retail sales expanded by 18 percent to HUF 131 billion. Demand was the biggest for consumer electronics: these products were sold online in...

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FAO promotes healthy diets through nutrition education training

FAO’s needs assessment conducted in 2010 in seven African countries revealed a lack of suitable approaches and relevant trainings to promote nutrition behavior change. Two years later FAO launched the...

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Hungary is an important market for Italian products

The demand for Italian products keeps growing in Hungary: in 2015 Italian export to Hungary grew by 7.7 percent and in the first five months of 2016 the growth rate...

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FM: the EU Agriculture Ministers urged to strengthen the bargaining power of producers

The agriculture ministers of the EU Member States have adopted a political resolution on Monday, inter alia, about the suppress of unfair distribution practices – the Ministry of Agriculture (FM)...

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