Market News
Hungary exports horticultural propagating material to Tatarstan
The state-owned Hungarian Gardening Propagation Office (MKSZ) is exporting horticultural propagating material to Tatarstan – the company told MTI According to the information, several hundred thousands of Hungarian seed grafts...
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Women are more open to new technologies, according to a survey
Women are more interested in the new technologies. In Hungary, 32 percent of them were interested in innovations, while in case of males this proportion is 26 percent in most...
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FTA negotiations in a dead end street?
Despite the dobts voiced for a few days the Free Trade Agreement (TTIP) discussion have not come to a dead end. The goal remains to make an agreement before the...
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Several supports help school start
This year, several kinds of supports will help school start – the deputy chairman of the National Association of Large Families (NOE) told M1 news channel. Joó Kinga explained that...
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The British traders would return to the ” traditional” units of measurement
More and more grocers and butchers across Britain are demanding the right to go back to using traditional British units of measurement after Brexit. The British Weights and Measures Association...
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Meat export aims the Far East
The Far East exports will take over the role of the lost Russian market and low buying prices also helped the manufacturing companies – Világgazdaság Online wrote. The EU’s meat...
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The bad weather damaged the nuts
The walnut harvest begins soon. Nuts are grown on nearly six thousand hectares in Hungary. The Hungarian walnut exports are mainly directed to Germany – magyarhirlap.hu wrote. In recent years...
Read moreCorn prices are low
A downward trend occured in the price of corn. Corn prices only reached 165 euros in Paris – Magro.hu told Privátbankár.hu. The exchange rate decreased by 5.5 percent overseas, while...
Read moreFree trade negotiations stalled
Negotiations on the free trade agreement between the European Union and the United States (TTIP) have failed – German economy minister Sigmar Gabriel’s statement was quoted by Népszabadság Online. Negotiations...
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The MNB created a credit risk model from the data of two hundred thousand companies
The Hungarian National Bank (MNB) created a credit risk model from the data of about two hundred thousand companies – Banai Ádám, head of the department of the Hungarian National...
Read moreThe excise tax on tobacco products will increase from 1 September
The excise tax on tobacco products will increase from 1 September based on the new Law on Excise Duties approved by parliament in June – portfolio.hu wrote. The cigarette’s tax...
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Finances managed well
Wyze.me is an application that makes it possible to manage our finances in a well-arranged fashion. The app connects directly to our bank account, getting spending data from there, which...
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Protected pálinka
The Hungarian government does everything they can for Hungarian pálinka, and the results include the public body National Pálinka Council, pálinka becoming a Hungaricum product and having a protected designation...
Read moreRetail sales may increase further
The growth in retail sales may remain, if the trends of the last four years continue – the Deputy Minister of State of the Ministry of National Economy (NGM) told...
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Sweet paprika growers closed a good year
This year, the not too much heat favored the pepper gardeners, while outdoor pepper producers closed only a moderate year, due to the rains. Ledó Ferenc Chairman of the FruitVeB...
Read morePrivate consumption growth is stimulating the economy
The public's attitude is changing to the situation of the Hungarian economy, which has a positive effect on economic growth – Németh Dávid, senior analyst of K&H toldd M1 news...
Read moreFM: Russia illegally banned pork from the European Union
Russia illegally banned pork from the European Union. The Russian pork import ban was not based on the relevant international laws – according to the World Trade Organization (WTO) –...
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MNB: SME lendings grew in the second quarter by 5 percent
Improving trends occured in the lendings of the credit institutions to the private sector. In this year's second quarter the loans to the small and medium-sized enterprises (SME sector) grew...
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A new green program for the selective collection aluminum cans
The “Throw Yourself in” new environmental program was launched to promote the separate collection of aluminum cans. 6390 tonnes of aluminum is recycled per year About 450 million pieces of...
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Fazekas: determining changes have started in the game management
The Minister of Agriculture considered the changes in the game management act as unprecedented in the last decades. Fazekas Sándor spoke in Kaszó, Somogy County on Saturday. Fazekas Sándor told...
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NGM: more than 68 billion HUF in EU the development sources
Recent sponsorship decisions were born within the framework of the Economic Development and Innovation Operational Programme (GINOP). 247 projects won more than 68 billion HUF EU development funds – the...
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Back to school: Ongoing actions at the retail chains
The large retail chains can significantly increase their turnover in the school starting season. The most important factor for the families is price – Világgazdaság Online wrote. “Although fewer children...
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With the focus on self-development
At the June meeting of Trade Marketing Club speakers were presenting new ideas and solutions that can help us plan and conduct talks more effectively. Members met in the Fortuna...
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Magazine: I like to give
In Hungary 1.8 million tons of food ends up in the waste bin every year, while more than 200,000 people don’t have enough to eat. In 2015 the Hungarian Food...
Read moreKSH: retail sales increased by 5.7 percent in June
According to the raw data and the calendar adjusted data, the volume of retail sales in June increased by 5.7 percent, compared to the same period of the previous year...
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Food retailing: a 2.5 percent increase was enough to the forefront
In terms of value, food retail sales in Hungary increased by 2.5 percent during the second quarter of this year, compared to last year's first three months. This is the...
Read moreThe pig sector calls for further VAT rate cut
The Livestock and Meat Interprofessional Organization and Marketing Board (VHT) considers a further reduction in the value added tax (VAT) necessary in the pig sector – the President of the...
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The GfK market research company may have a new owner
German market research firm GfK named an executive from its main shareholder as its chairman on Thursday, on the same day a magazine reported the shareholder was considering a sale...
Read moreWine production may decrease by ten percent in France
Due to wild storms which hit France in April wine production may decrease by almost 10 percent this year – the ministry of agriculture announced on Thursday. The unseasonably cool...
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