Market News

The cross-border training program of the Hungarian National Trading House continues in Szabadka

The Hungarian National Trading House’s cross-border training program series – aim to provide professional training for the Hungarian entrepreneurs accross the border – to continue in Vojvodina. At the MNKH...

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The dietary supplement market players reacted favorably to the self-regulation

The dietary supplement market industry welcomed the self-regulation that helps the legal and safe products to gain ground – Ilku Lívia, director of the Hungarian Pharmaceutical Manufacturers Association said on...

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Working together

In October customers had the chance to taste Hungarian apples in 30 Tesco stores. The retail chain realised this campaign in cooperation with Szatmárkert-Hodász Cooperative. Almost 90 percent of the...

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New farmers’ market opens in Szolnok-Szandaszőlős

The new farmers’ market is the result of cooperation by NAK’s Jász-Nagykun-Szolnok County Directorate and the Szandaszőlős House of Culture. At the opening shoppers were happy to buy premium category...

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It is everyone’s interest to sell Hungarian milk in the domestic market

After harmonisation talks with retail chains, dairy farmers and processing companies, NAK announced that it is everyone’s interest to sell Hungarian milk in the domestic market. Stakeholders agreed that they...

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NAK member among Europe’s best women agri-innovators

A NAK member farmer, Olga Cser won a prize in the European Parliament’s innovation competition: from the 33 entries her project made it to the top 5. Ms Cser established...

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KSH: growth in retail sales accelerated in September

The volume of retail sales increased by 5.1 percent in September, compared to the same period of last year, according to both the raw and calendar effect adjusted data –...

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Strong investment activity among the agri businesses

The majority of the agricultural business decision-makers expects an improvement in their management environment in the next 12 months – according to the Savings Group’s Savings Agricultural Economy Mood index...

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FM: the harvest results are very favorable

This year's summer harvest and autumn harvest results are outstanding in case of a number of crops, such as corn – the Minister of State of the Ministry of Agriculture...

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European Commission: the EU dairy sector package will improve the position of dairy farmers in the supply chain

The situation of the dairy farmers within the supply chain can be improved with EU-wide measures – Phil Hogan European Agriculture Commissioner said in Brussels on Thursday. It is more...

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Trade Association: more and more businesses join to the Black Friday special action

More and more businesses join to the Black Friday special action in Hungary. However there are no nationwide totals about the domestic shops involved in the Black Friday. Vámos György,...

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Hungarian Export Day: another record may come this year

On the basis of the current informations, the Hungarian economy is expected to be able to show the highest export figures of its history – Szijjártó Péter Foreign Economic Relations...

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SME lending may expand after the closure of the National Bank’s credit growth program

In the three stages of the credit growth program (NHP) 36 103 enterprises received fundings worth 2459 billion HUF. The program has contributed significantly to economic growth and employment expansion....

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The food chain safety agency closed down a bakery in Budapest

Severe hygiene problems and insects contaminated ingredients were found in a bakery in Budapest by the inspectors of the National Food Chain Safety Office (NÉBIH). During the action, more than...

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Sales growth continues

Between February 2015 and January 2016 wiener sales represented a value of nearly HUF 37 billion, with the category realising 15 percent of total processed meat product sales in value....

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What to invest in?

In a period when central banks keep interest rates low and try to make the level of inflation higher, in order to speed up the economy, the question emerges: What...

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Hungary exports more poultry meat

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that on the 39th week of the year Hungarian Vilmos pear cost HUF 355/kg...

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Fazekas Sándor: the Hungarian agriculture reached a historic record this year

The production of the Hungarian agriculture in 2016 reached a historical record – Fazekas Sándor, Minister of Agriculture told M1 news channel on Wednesday. As an example he mentioned that...

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Gross wage increase can be double-digit next year

Next year with the realization of the contribution reduction agreement and wage increases the increase of gross wages can be up to double-digit on average – analysts told MTI. According...

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Macfrut could be turned into an innovative fruit and vegetable farming trade show

György Csizmadia, vice president of the Interprofessional Organisation for Fruit and Vegetable (FruitVeB), is of the opinion that Macfrut could be turned into a trade fair that presents new ideas...

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An agreement was born on next year's wages

On Tuesday, the government agreed with the social partners over the next two years’, minimum wage increase and contribution reduction. Due to the agreement, the Minister of National Economy expects...

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The termination of the sugar beet quota creates sharp competition

The termination of the sugar beet quota on 30 September 2017 will create a very sharp competition – the Minister of State of the Ministry of Rural Development said in...

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FM: The public discussion of national food industry strategy was closed

The public discussion of the national food industry strategy that will be valid until 2050 was closed – the Ministry of Agriculture (FM) told MTI on Tuesday. According to the...

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Workania: young people prefer high wages, while the elderly seek security

People around age 40 earns the most money, while people over 55 and school leavers earn the least money in Hungary. Young people prefer high wages, while security is more...

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KSH: the number of farmer organizations has increased

According to the preliminary data of the Agrárium 2016 (Agriculture in 2016) economic structural survey, 9 thousand agricultural enterprises and 416 thousand private farms carried out agricultural activities in 2016...

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NGM: another one billion HUF for kindergarten kitchen improvement

The Minister for Economic Affairs decided to grant a further one billion HUF support to improve the technical conditions of children’s nutrition. Thanks to this additional amount, the kitchens of...

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The National Stud Farm and Educational Farm was established in Mezőhegyes

On the basis of the government’s decision, the government repurchased the Mezőhegyesi Ménesbirtok Zrt. (Mezőhegyesi-based Stud Farm Ltd.) that was privatized in 2004. The government paid more than 2 billion...

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European consumers are confident

Consumer confidence strengthened appreciably in the euro zone in November, while in the European Union a slightly less improvement occured – according to the European Commission's preliminary flash estimate that...

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(HU) Milliós támogatást is érhet az informatikai audit

Sorry, this entry is only available in HU....

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Parcel delivery across borders

Domestic CEP market leader Hungarian Post now offers a new international parcel delivery service, called MPL Europe Standard. The new service is provided at a better price, it is faster...

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