Market News
Nielsen: Europe faces slow growth
Amid great political and economic change around the world, global consumer confidence moved modestly in 2016, rising three points between the first and fourth quarter to 101. Confidence scores in...
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KSH: gross average earnings increased to over 305 thousand HUF in December
Last December, gross average earnings increased by 5.7 percent of gross earnings, while net average earnings were 7.3 percent higher than a year before. Excluding the wages of public employees,...
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The Financial Directive of 2018 revolutionizes mobile banking
The online and mobile banking have become everyday part of life for the majority of users. But if the customers want to gain complete control over their financial information belongs...
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There is no powerful Hungarian economy without agriculture and food industry
There is no powerful Hungarian economy without agriculture and food industry – the Minister of National Economy underlined at a forum in Budapest, organized for young agricultural professionals. Varga Mihály...
Read moreMountain Villages: fewer grapes this year
Fewer grapes will be harvested this year because of the frost – Brazsil Dávid, Secretary-General of the National Council of Wine Communities told M1 news channel on Saturday. The Secretary-General...
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MNB: household wealth increases continuously
The net savings of households increased by 522 billion HUF in the fourth quarter of 2016, while in the total year by 1574 billion HUF. In the proportion of the...
Read moreThe government launches a supplier development program
The government launches a two-year development program for suppliers: The total amount of the program for 2017-2018 will be 14 billion HUF- Varga Mihály, Minister for Economic Affairs said at...
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EU’s energy consumption fell below its 1990 level
Energy consumption in the European Union in 2015 was below its 1990 level the EU’s statistical agency Eurostat announced on 20 February. EU dependency on imports of fossil fuel imports...
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Deterioration in consumer confidence in the euro zone
Consumer confidence deteriorated larger-than-expected in the eurozone in February. The flash reading for Euro-zone consumer confidence indicator declined to -6.2 for February from a final -4.9 in January and compared...
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Agrárkamara: a piaci igényekhez kell igazítani az agrár-felsőoktatást
A munkaerőpiac igényeihez kell igazítani az agrár-felsőoktatást, egyebek mellett a kereslet és a kínálat hatékony összeegyeztetésével, valamint jelentős kutatásfejlesztési tevékenység támogatásával, mert a képzési problémák már az ágazat versenyképességét veszélyeztetik...
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Magazine: A more premium ham market
Market research data showed that less smoked and smoked-cooked meat was sold last Easter than in the same period a year before. Market players say premium quality products are pushing...
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The food brands also respond to the different tastes of consumers
The same brands are sometimes marketed with different contents – the investigations of the Hungarian Food Safety Authority (Nébih) suggest. But the manufacturers of brands mentioned in the news coverage...
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According to a processing company, poultry production in Hungary might be restored by May
According to a processing company, poultry production in Hungary might be restored by as early as May – the CEO of the Pannon Fine Food Kft. told MTI on Wednesday....
Read morePioneer: a growth of around 4 percent is expected in Hungary
In the next two years the economic growth can be around 4 percent in Hungary and the CEE region has also have favorable prospects – Forián-Szabó Gergely, chief investment officer...
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Hungarian foie gras export has almost stopped
The Hungarian foie gras and duck liver export has almost stopped completely, due to the avian influenza. Deliveries to the Asian-Pacific markets essentially ceased to exist, and faltering significantly in...
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Lego overtook Google
Lego has become the most powerful brand in 2017, according to the list of Brand Finance. The toy manufacturer overtook Google, Nike and Ferrari – mfor.hu wrote. The Brand Finance...
Read moreWine producers have to issue a report until 10 March
From January a new law introduced the small wine-producer category, which allows easier administration. The wineries producing less than 1,000 hectoliters can choose this category. These producers can only process...
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MNB: the new 2000 and 5000 HUF banknotes will be available from March
The new 2000 and 5000 HUF banknotes will be available from March. The security features of the new banknotes will be more modern than before, and their design will also...
Read moreRobots will cultivate a farm
We are at the beginning of a new industrial revolution that will transform agriculture radically. Automatic disconnectors, autopilots and drones are only the beginning, because the first parcel of land...
Read moreDeadline modification in tenders supporting agri-environmental management and organic farming
The Prime Minister’s Office implemented important changes in the Rural Development Programme’s tenders supporting agri-environmental management and organic farming. If the farmer eligible for support cannot verify the legitimate land...
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A brewery in Scotland gives one week paid to leave to employees with new dog
A brewery called BrewDog – is giving new puppy parents a paid week of “paw-rental leave.” And if you’ve ever gotten a rambunctious puppy for yourself, you might see why...
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ÖRT: New and old president
BGA SecGen is re-elected as ÖRT VP for another three year term....
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Policy-makers not to over-regulate the market
Fresh survey shows one euro ad spend generates seven euro GDP growth – BGA takes this opportunity to urge local policy-makers not to over-regulate the market....
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WHO plans to tax HFSS
BGA Hungary opposed WHO plans to tax HFSS and to ban M2K (marketing to children)....
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Az immoral campaign
BGA Hungary successfully combats illicit Asia Center ad campaign misusing prestigious FMCG-brands....
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Volkswagen Crafter in Hungary now
The all-new Volkswagen Crafter has been voted International Van of the Year 2017. The award was announced at the 2016 IAA Commercial Vehicle Show in Hanover, where conventional versions of...
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Avian flu: restrictions may end in early March
Since the end of January no evidence of avian influenza infection was detected in poultry and if this trend stays, at the beginning of March all the protection and surveillance...
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The European Commission launched infringement proceeding against Hungary
The European Commission has launched infringement proceeding against Hungary on Wednesday, in order to ensure the free movement of retail, agricultural and food industrial goods. The European Commission has informed...
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Infocommunication explosion in agriculture
The mobile technology is now also available in agriculture. In fact, without precision farming based on data transfer technologies, the production of quality agricultural products is difficult. The agricultural use...
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The local government of Hajdúböszörmény establishes a meat processing plant
The local government of Hajdúböszörmény establishes a meat processing plant to serve the public catering needs – the deputy mayor of the city announced on Thursday at a press conference....
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