Market News
The HIPA is expanding its support system
Date: 2016-12-14 11:20:08
The support system of the National Investment Agency (HIPA) is extended with new elements from the beginning of next year. As a result the proportion of high value-added projects in...
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Agriculture’s environmental opportunities are expanding
Date: 2016-12-14 11:03:52
The Hungary’s Environmental Status in 2015 publication was published, which deals with issues including soil quality, water status, the use of water resources, wildlife and landscapes status, changing climate, agriculture...
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Budapest Bank: the domestic companies are cautiously optimistic
Date: 2016-12-14 11:03:23
Most the Hungarian CEOs are cautiously optimistic in terms of economic prospects. As the result of the increased orders close to 90 thousand new jobs may be created in the...
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Free water
Date: 2016-12-14 11:00:53
The wells dag without permission secretly or not secretly will give meager “paper work” for the Winter. Due to a legislative amendment, the wells dag without permission before 4 June...
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Zagreb won the title for the most beautiful Christmas market in Europe again
Date: 2016-12-14 10:59:08
After last year, Zagreb once again won the title for the most beautiful Christmas market in Europe, on the basis of the assessment of the online voters of the European...
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Obligation to report the address of the accounting firm used
Date: 2016-12-14 10:48:37
As a new requirement of the tax authorities, businesses must report the address of the accounting firm they use if the company’s books are only kept on the computer of...
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NAK Services Centre wants to give more
Date: 2016-12-14 10:22:31
NAK wishes to expand the range of services offered by the Services Centre in Hajdúböszörmény. The chamber would like seed, fertiliser and pesticide companies, plus banks with loan products targeting...
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Vocational education conference in Békés County
Date: 2016-12-14 09:21:15
NAK’s Békés County directorate organised a vocational education conference in Békéscsaba in the middle of November. There were about 30 participants at the very successful event, from the representatives of...
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New small-scale farmer IDs from January
Date: 2016-12-14 09:18:44
From January only the new type small-scale farmer IDs are going to be valid. The Hungarian Chamber of Agriculture (NAK) informed that already 190,000 small-scale farmers had received their new,...
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Not all types of eggs will be under the five percent VAT rate
Date: 2016-12-13 11:50:01
According to the parliament's decision, on 1 January 2017 the VAT on eggs and milk to be reduced. But not all types of eggs will be under the five percent...
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Workania: retailing has become the largest labor recruiter in Hungary
Date: 2016-12-13 11:40:30
The demand towards sellers and salesmen, cashiers and warehouse laborers increased significantly in the retail trade so this industry has become one of the biggest recruiter in Hungary – according...
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Despite the Sunday store closure has ended, the significance of Sunday decreased in case of card users
Date: 2016-12-13 11:40:19
The Sunday store closure thoroughly reorganized the consumer habits of the card users: half a year after the lifting of the ban on Sunday working far fewer people are paying...
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Advertising Association: the government undermines the outdoor advertising market
Date: 2016-12-13 11:35:41
According to the Hungarian Advertising Association (MRSZ), the surtax on outdoor advertisings is not compatible with the EU law and kills the advertising market. They believe that the combined effect...
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Declining wine exports
Date: 2016-12-13 11:32:19
Hungary’s wine trade balance (excluding sparkling wine and champagne) was positive both in volume and value, however, decreased by 20 percent in volume and by 7 percent in value in...
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The farmers affected by frost and ice can expect generous compensation
Date: 2016-12-13 11:00:03
Until the November deadline 5005 compensation applications were submitted by farmers to the Agricultural and Rural Development Agency. Proportionately, the most compensation applications (2014 and 800) arrived from Szabolcs-Szatmár-Bereg and...
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Artificial intelligence built in the washing machine
Date: 2016-12-13 10:26:43
An artificial intelligence solution developed by IBM Watson is built in Whirlpool washing machines. Thanks to this, the Whirlpool washing machine can communicate directly with the Whirlpool tumble dryer, informing...
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Where to invest in 2017
Date: 2016-12-13 10:24:41
Amid a dense fog of uncertainty, an aging bull will have to find its footing in 2017. Rarely has the way forward been so obscured by the murky policies of...
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Nielsen: Packaging is a dark horse in case of the new hit products
Date: 2016-12-12 11:50:45
Packaging design is one of the least mentioned tool of marketing, despite it contributes significantly to the success of the new products in the last two years. Nielsen’s “Breakthrough Innovations”...
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Six tons of apples were sold in the apple consumption promotion campaign
Date: 2016-12-12 11:45:01
Sorry, this entry is only available in HU....
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There will there be enough meat on our tables
Date: 2016-12-12 11:40:21
The increase in population and in standard of living both increase the consumption of animal protein, while sustainable development calls for efficiency gains from the livestock breeders. This is a...
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There is a growing shortage of labor in trade
Date: 2016-12-12 11:38:10
In the third quarter of 2016, labor shortages continued to increase in trade by almost 30 percent in one year. Now there are 4,800 vacant jobs in trade, which is...
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There is still no inflationary pressure in the economy
Date: 2016-12-12 11:32:30
The November inflation data did not cause a surprise – according to the analysts interviewed by MTI. Despite the wage increases there is still no inflationary pressures in the economy....
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More companies were established in 2016 than in 2015
Date: 2016-12-12 11:27:52
While it is not the end of the year, the company incorporation numbers of 2015 seem to manage to surpass the numbers of 2016. “Year 2016 was balanced both in...
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Beekeeping cooperatives should be created
Date: 2016-12-12 11:20:37
The Hungarian apiary society should think about to create cooperatives, the beekeepers can not individually show sufficient strength – the Parliamentary Minister of State of the Ministry of Agriculture (FM)...
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The land use regulation of the vine and fruit tree nurseries has become more favorable
Date: 2016-12-12 11:00:22
For the initiative of the National Association of Agricultural Economics (NAK) – and on the basis of the decision of the National Assembly – the land use regulation of the...
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Considerable expansion in the sheep and goat sector in the last five years
Date: 2016-12-12 10:49:23
Between 2010 and 2015 the output of the sheep and goat sector increased by nearly 50 percent. In 2015 the sector produced a value of HUF 20.8 billion (0.8 percent...
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72905.pngAgri-man of the Year competition reaches second stage
Date: 2016-12-12 10:47:32
Nominations for Agri-man of the Year were accepted until 20 November. In this competition the organisers reward those – in several categories – who not only do an excellent job...
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Eating is an experience
Date: 2016-12-12 08:58:22
Shoppers want to buy an experience, not just food. According to a recent survey by Euromonitor, in the next few years demand will surge for ready meals and ready-to-cook meals....
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Slight decline in global food prices
Date: 2016-12-09 11:50:48
FAO's Food Price Index declined slightly in November, marking a mild departure from its steady rise over the course of 2016. The Index decreased by 0.4 percent from October, averaging...
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The vine and wine sector strategy is complete
Date: 2016-12-09 11:41:21
The National Council of Wine Communities (HNT) is celebrating the twentieth anniversary of its existence. A further cause for celebration is that the vine and wine sector strategy has been...
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