Market News
Hungary produced the majority of sunflowers in the European Union
Date: 2016-11-02 11:50:22
In terms of sunflower production, Hungary is in first place in the European Union. The harvested volume is more than 1.8 million tons this year – Czerván György, Minister of...
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The MVH paid 60 billion HUF advance fundings to the farmers so far
Date: 2016-11-02 11:15:27
So far, the Agricultural and Rural Development Agency (MVH) paid out 60 billion HUF down payment to the farmers from European Union and national agricultural support – Gyuricza Csaba, president...
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IMF: Central and Eastern Europe's economy is growing solidly
Date: 2016-11-02 11:05:46
Solid economic growth occured in most Central and Eastern European and South-Eastern European economies, while the shrinkage of the gross domestic product in Russia will decline and other former Soviet...
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WWF: the Hungarian population’s interest decreased towards sustainability
Date: 2016-11-02 11:03:42
Over the past six years, the interest and sensitivity of the Hungarian adult population reduced significantly towards local and global sustainability issues – according to a September poll of WWF...
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St. Martin's Day festivities in the Village Museum of Göcsej
Date: 2016-11-02 11:01:30
St. Martin Day festivities will be held on Saturday at the Village Museum of Göcsej in Zalaegerszeg: at the whole-day event traditional ensembles will perform, handicraft workshops, work presentations, including...
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Looking for the best young manager
Date: 2016-11-02 10:24:02
The Academy of Young Managers announced the Young Manager of the Year competition this year as well. Annamária Tóth, the head of the academy’s operator, the Coaching Team, told our...
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Magazine ads still produce the best return rates
Date: 2016-11-02 10:23:14
According to Nielsen Catalina Solutions (NCS), which analysed the results of nearly 1,400 campaigns implemented in the last 11 years, the best return on investment (ROI) is generated by advertising...
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Hungarian companies are keen to get their money
Date: 2016-11-02 10:21:21
According to Balázs Vanek, country manager of Atradius, Hungarian companies pay special attention to collect debts from the firms that owe them money. In Hungary there is less uncollectible intercorporate...
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Nielsen: the retail sales of household chemicals and cosmetics grew by five percent to 253 billion HUF
Date: 2016-10-28 11:55:09
The retail sales of household chemicals and cosmetics grew by five percent to 253 billion HUF in the first eight months of the year, 5 percent more than a year...
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Giant TVs drones and smartphones will be the hits of Christmas
Date: 2016-10-28 11:18:10
Many people will buy large TVs, smartphones and powerful drones for Christmas this year in Hungary – Extreme Digital’s sales data reveals. The statistics also show that the gaining ground...
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What does your company have to do to prepare for the GDPR regulation?
Date: 2016-10-28 11:14:36
ICO, and independent data protection organisation in the UK specified 12 areas where a company needs to take steps to prepare for the new regulation: 1. Awareness, 2. Information you...
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Export surplus continued to increase in August
Date: 2016-10-28 11:07:37
The value of exports in euros increased by 12.5 percent, while the value of imports in euros increased by 10.9 percent in August, compared to the previous year. The export...
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The golden jaundice disease endangers two more wine regions
Date: 2016-10-28 11:03:47
The golden jaundice disease endangers two more wine regions in Hungary. The government agencies have begun the assessment of the level of infection and making steps necessary for the elimination...
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Economic sentiment improved in Europe
Date: 2016-10-28 11:02:31
Economic sentiment improved in Europe in October in the euro zone and in the EU, because optimism increased in the industrial and service sectors. The European Union's Directorate-General for Economic...
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The NAV found cigarette smugglers in Szabolcs
Date: 2016-10-28 11:00:00
The National Tax and Customs Office (NAV) caught a fifteen membered cigarette smuggling criminal organization in the region of Tiszakóród and Szatmárcseke. Simon Béla, press officer of the tax authority...
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ABB Kft. appoints new managing director
Date: 2016-10-28 10:22:18
Early September Taira-Julia Lammi was appointed managing director of ABB Kft. Ms Lammi has been with the company since 1997 and has already worked in several managerial positions, from quality...
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ABC Data: rapid growth
Date: 2016-10-28 10:18:17
IT and consumer electronics distributor ABC Data realised an outstanding 325-percent growth in the Hungarian market in the first half 2016. Managing director Gábor Poros told that the company is...
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The Poultry Marketing Board encourages the purchase of Hungarian eggs and poultry products
Date: 2016-10-27 11:58:37
The Hungarian eggs have good quality and are safe to eat – the Poultry Product Council (BTT) underlines. According to the organization, the Polish eggs infected with salmonella also highlights...
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Promotional campaign to buy quality domestic apples
Date: 2016-10-27 11:45:23
The Agricultural Marketing Centre, the Ministry of Agriculture, the FruitVeB Hungarian Fruit and Vegetable Interprofessional Organization and Marketing Board, the National Agricultural Association, the National Food Chain Safety Office and...
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The “MAGYAR TERMÉK” Nonprofit Kft. is celebrating its 10th anniversary
Date: 2016-10-27 11:40:51
The “MAGYAR TERMÉK” Nonprofit Kft. (“HUNGARIAN PRODUCT” Nonprofit Ltd.) is celebrating its 10th anniversary this year. The organization started with the collaboration of 13 companies. Until now, more than 150...
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Twenty tonnes of adulterated honey was withdrawn from circulation by the NÉBIH
Date: 2016-10-27 11:20:14
The inspectors of the National Food Chain Safety Office (NÉBIH) seized twenty tonnes of adulterated honey that contained unknown sugar. The National Food Chain Safety Office (NÉBIH) told MTI on...
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Trade relations are strengthening with the wholesale market in Padua
Date: 2016-10-27 11:15:49
The Hungarian partners have a turnover of 15 million euros with the wholesale market in Padua. The largest wholesale market in Italy further strengthening its ties with Hungary – the...
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KSH: employment increased in the third quarter
Date: 2016-10-27 11:10:09
The number of employees increased by 126 thousand over the year and reached 4 million 390 thousand in the third quarter – the Central Statistical Office (KSH) announced on Thursday....
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Fazekas: the '56 Tokaji aszú is the pride of the nation
Date: 2016-10-27 11:03:56
The 1956 vintage Tokaji aszú wine is the pride of the nation. In the coming decades it will worthily represent the values of the revolution and the values and performance...
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Herb gardens and processor will be created in Ópusztaszer
Date: 2016-10-27 11:02:05
The visitors can get acquainted with the traditions of medieval herb cultivation and processing at the garden center which will be created in the next spring in the Ópusztaszer National...
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Hungarian product Sport Pasta qualifies for international final
Date: 2016-10-27 10:52:49
The Sport Pasta products of Famíliatészta Kft.’s Vitale range qualified for the final of the international innovation competition World Tour by SIAL 2016. Vitale pastas contain 50 percent (Sport Pasta)...
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Agricultural chamber urges the introduction of lower employer contributions
Date: 2016-10-27 10:10:01
According to the Hungarian Chamber of Agriculture (NAK), in addition to agriculture, the programme for cutting employer contributions, recently announced by the government, should be extended to other sectors such...
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More balanced lemon juice market
Date: 2016-10-27 09:59:38
The Olympos brand has been the strongest player in the lemon juice market for many years. Vilmos Várkonyi, group brand manager of Maspex Olympos Kft. told that the company’s most...
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Magazine: Sailing on the endless sea of flavours
Date: 2016-10-27 08:01:40
In comparison with last year’s exceptionally positive trends, this year the Hungarian fruit juice market came to a bit of a halt. According to Nielsen, in the first half of...
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OKSZ: retail sales this year may grow by around 5 percent
Date: 2016-10-26 11:53:46
The August expansion of retail sales was outstanding, the data shows that this year will be the third year in the sector, when growth reached or exceeded 5 percent –...
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