Market News
MNB: household savings are growing slower
The financial savings of households steadily decreased in recent quarters: in the third quarter amounted to 201 billion HUF, which is 2.2 percent of the quarterly GDP. In the previous...
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Consumer prices increased in the euro area and in the EU
Annual consumer prices in October increased for the fifth month in the euro area and in the European Union. According to the data published on Thursday by the statistical office...
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Polish biscuit giant attempts to conquer the Hungarian market
Poland’s biggest biscuit manufacturer Dr Gerard started an affiliate in Hungary. Dr Gerard is also present in the Czech Republic, Romania and Slovakia. In the last few years their annual...
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Having a cup of coffee together with the world
NESCAFÉ decided to celebrate the International Coffee Day together with consumers in 60 countries. On 1 October coffee lovers could upload selfie-type videos of themselves, receiving and passing on a...
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Serving partners for twenty years
Hungarian-owned Lead System Hungary was established in 1996, and it has been developing and selling SFA data collection and sales systems ever since. IT business unit manager Zoltán Titonelli told...
Read moreA good vintage is expected
This year’s vintage is likely to be good in terms of quality, but it could be better as regards quantity. HNT’s estimation is that approximately 385,000 tons of grapes will...
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Stricter international tax rules
A two-year negotiation process came to an end in September, when upon the initiative of the G20 group OECD completed its action plan for addressing the problems of base erosion...
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OKSZ: retail sales in December may exceed 1000 billion HUF
Traders expect a huge Christmas rush. The National Retail Federation (OKSZ) expects total retail sales to be approximately 50 billion HUF more in December than in the last month of...
Read moreFazekas: the government will have to fight hard for the agricultural subsidies of the farmers
The government will have to fight hard for the agricultural subsidies of the farmers in the new EU budget period starting in 2020 – Fazekas Sándor, Minister of Agriculture said...
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(HU) Az elmúlt tíz év legkiemelkedőbb eredményei várhatók az ingatlanfejlesztési ágazatban
The most outstanding results of the last ten years are expected in the real estate development sector The most significant results of the past 10 years is projected in the...
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Young people are easier to achieve with “cool, trendy, innovative” consumer accolades
The manufacturers are in renewal compulsion not only in connection with their products but also in connection with the related recognitions as well. A consumer fee can significantly increase the...
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Production-linked subsidies and the terms of greening will change in 2017
Production-linked subsidies and the terms of greening will change in 2017 to make them easier and more transparent – the Deputy Minister of State for of the Ministry of Agriculture...
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The NÉBIH closed a meat shop in Tolna County
The National Food Chain Safety Office (NÉBIH) held controls simultaneously in two counties. The inspectors seized 1150 kilograms of food in a Tolna County meat shop and withdrawn it from...
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Food industry renewal about to start
István Jakab, deputy speaker of the Hungarian Parliament told at a farmers’ forum in Székesfehérvár that a support scheme is about to be launched for the renewal of Hungary’s food...
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Another conference in the series introducing Central European regions
For the third time this year the Hungarian National Trading House (MNKH) organised a conference about export opportunities in Central Europe. Realised in cooperation with the county chambers of industry...
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Premium quality Hungarian wines and groceries in Washington
Feedback from businessmen, distributors and food industry enterprises was positive, so there is a good chance that orders will be placed by US partners. MNKH CEO Zsanett Oláh told that...
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Positive trends, optimistic consumers
Poland is the sixth biggest export market for Hungarian food products. In the first half of 2016 Hungarian companies sold EUR 181.5 million worth of food in Poland. This performance...
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Nielsen: Hungarians prefer to buy in shops with loyalty program
Almost 75 percent of Hungarians prefer to buy in shops where you loyalty programs are offered – the Nielsen international market researcher reveals in its survey. According to the summary...
Read moreGDP grew by two percent in the third quarter
The gross domestic product (GDP) grew by 2.0 percent in the third quarter, compared to the same period of last year – the Central Statistical Office (KSH) announced its first...
Read moreFM: the protected geographical indications represent market value
The number of protected geographical indications – designations of origin and geographical indication should be increased in Hungary, because they represent market value. Czerván György Minister of State for the...
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The local government of Badacsonytomaj: closure is an overreaction
The local government of Badacsonytomaj, the viticultural professional organizations around the Badacsony hill and the entrepreneurs of the business sector told that the communication of the National Food Chain Safety...
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GfK: the sales of technical products increased in the 3rd quarter
The sales of durable technical goods increased by 4.9 percent in the third quarter of 2016, compared to the same period of last year, while the total turnover amounted to...
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The chief veterinarian ordered the confinement housing of poultry in three counties
The national chief veterinary ordered the confinement housing of poultry in Békés, Bács-Kiskun and Csongrád counties – the Ministry of Agriculture (FM) told MTI on Tuesday. The regulations aim to...
Read moreDiscount chains grew in the UK market
Tesco has not seen such an increase in the past three years as in the three months ended on November 8 – portfolio.hu wrote, after Kantar. Although the German discount...
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The population borrows more and more consumer loan in Slovakia
The consumer loan portfolio continued to rise by approximately 14.1 percent on an annual basis by the end of September in Slovakia and the pace of indebtedness continued to accelerate...
Read moreThe economic sentiment improved further in November in Germany
In November, the economic sentiment in Germany improved further for the second consecutive month – according to the survey of the Mannheim-based ZEW economic research institute. The survey was published...
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The telecoms network market will decrease in 2017 and will start to grow again in 2018
The Finnish telecommunications company Nokia predicts that in 2017 the network market is shrinking as a result of reduced sales of around 2 percent, while in 2018 a moderate growth...
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In search of the best HR projects
A legjobb HR-es projekteket keresi egy új regionális verseny, a HR Transformation Challenge. A megmérettetésen bármilyen szervezet és magánszemély részt vehet, amely olyan innovatív HR-es gyakorlatot valósított meg, mely jelentős...
Read moreKSH: agricultural producer prices decreased by 3.8 percent in September
The agricultural producer prices decreased by 3.8 percent in September, compared to the same period of the previous year. The 3.8 percent decline is due to the 7.3 percent decline...
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The consumption of eggs may increase
The nutritional content of table eggs have improved significantly in recent decades – agrarszektor.hu wrote. Improved housing and feeding conditions contributed mainly to the changes. The Takarék Agrár Központ prepared...
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