Market News
Neolithic Europeans ate roasted rodents
Date: 2016-10-21 11:00:30
Neolithic Europeans ate roasted rodents about five thousand years ago – Scottish researchers revealed. A recently published report by Scottish researches claims that ancient Europeans feasted on rodents around 5,000...
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NAV’s summer inspections
Date: 2016-10-21 10:58:30
In the summer the National Tax and Customs Administration (NAV) imposed fines as a result of 7,600 check-ups, one third of which revealed some kind of irregularity. NAV’s nationwide summer...
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Grant programme for preserving local and regional values
Date: 2016-10-21 10:28:10
There were 122 winning projects in the Ministry of Agriculture’s grant programme, which was announced in June with a budget of HUF 250 million, for preserving local and regional values....
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Surjány-Hús Kft.’s assets are for sale
Date: 2016-10-21 10:26:12
Törökszentmiklós-seated meat company Surjány-Hús Kft. is under liquidation and the National Reorganisation Nonprofit Kft. announced that the company’s assets are up for sale, at the price of HUF 1.7 billion...
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NGM: the government supports the whitening of the vending machine market
Date: 2016-10-20 11:30:40
The government supports the entrepreneurs dealing with food and drinks vending machine market by HUF 1.5 billion HUF. The amount is expected to fully cover the acquisition of the automated...
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FM: the Hungarian-Egyptian food industrial relations continued to expand further
Date: 2016-10-20 11:02:12
The Hungarian-Egyptian food industrial relations continue to expand further with newer products: thanks to several years of preparatory work – the Ministry of Agriculture (FM) told MTI on Thursday. They...
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Atradius: China's exports and e-commerce is a great opportunity for the Hungarian companies, but also poses a lot of risks
Date: 2016-10-20 11:01:29
According to the study of the market leader credit insurance, consumption will gradually become the engine of China's economy, instead of investment, and this changing environment would further increase the...
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Peanuts and millet balls were withdrawn from circulation
Date: 2016-10-20 11:00:29
The National Food Chain Safety Office (NÉBIH) withdrew extruded peanuts, lightly salted or flavored Tesco Organic bio millet balls from circulation, because their atropine and scopolamine content is high, which...
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Five thousand chickens died in the fire
Date: 2016-10-20 11:00:17
About five thousand chickens died after a foil tent caught fire on Wednesday in Győr, in a plant in Sági Road – the deputy spokesman of the Győr-Moson-Sopron County Disaster...
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Swiss trade surplus in September increased to highest level since decades
Date: 2016-10-20 10:59:39
Thanks to the strong growth of chemicals and pharmaceutical exports, Swiss trade balance surplus reached a 29 year record level in September. According to the working-day adjusted data of the...
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New markings on potato products
Date: 2016-10-20 10:22:19
New markings (A,B,C) inform shoppers about how to use the potatoes they are about to buy, whether they are best for making boiled potatoes, fries, mashed potatoes or something else....
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Mohács abattoir to start test period
Date: 2016-10-20 10:18:23
The test run will start in October in the new Mohács abattoir, built from more than HUF 21 billion by MCS Zrt. Production will commence in early 2017, employing more...
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Livestock farming and the greenhouse gas effect
Date: 2016-10-20 08:21:02
Livestock farming is responsible for 14 percent of the planet’s total greenhouse gas emission. This emission level could be reduced by 30 percent if the right methods were used –...
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Magazine: Hungarian Product Grand Prize: 2016 is the year of changes
Date: 2016-10-20 07:14:22
The winners of the Hungarian Product Grand Prize (HPGP) competition were announced for the 19th time in 2016. On 6 September, in the Parliament building 66 products of 60 companies...
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The milk price increase is inevitable
Date: 2016-10-19 11:41:12
The purchase price of dairy products were increased at all chains in recent times virtually, because a price increase has occured at the international markets. While in Hungary the price...
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Three-month campaign to promote honey
Date: 2016-10-19 11:40:58
The Hungarian National Beekeeping Association promotes honey within a three-month campaign. The association also provides guidance to consumers when buying quality Hungarian honey: the beekeepers who undertake that they can...
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The Advertising Association stresses the importance of reconciliation in poster case
Date: 2016-10-19 11:39:22
The Hungarian Advertising Association (MRSZ) and the companies advertising in public places support the aim of the draft law, the reduction of advertising noise. However, they draw the legislator's attention...
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The Hungarian consumer awareness is low according to a survey
Date: 2016-10-19 11:35:45
The Hungarian consumer awareness is low according to a survey. In more than half of the quality complaint cases the customers do not complain. In case of unsuccessful complaint, only...
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KSH: the rise in earnings accelerated in August
Date: 2016-10-19 11:33:50
According to the most recent data of the Central Statistical Office (KSH) the increase in earnings accelerated in August. Average gross earnings increased by 6.9 percent in August, while net...
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Raiffeisen: 2.3 percent GDP growth for this year and 2.7 percent for the next year
Date: 2016-10-19 11:30:59
Raiffeisen Bank’s analysts say that this year 2.3 percent, for next year 2.7 economic growth is expected in Hungary – Török Zoltán, senior analyst of the financial institution said at...
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The NAV sold 45 tons of seized fruits
Date: 2016-10-19 11:10:20
The National Tax and Customs Office (NAV) found 251 million HUF fiscal deficit at a fruit and vegetable wholesaler at the Budapest Wholesale Market. Due to unpaid public debts, 45...
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The Romanian parliament introduces measures aimed at reducing food waste
Date: 2016-10-19 10:59:45
On Tuesday, the Romanian parliament voted measures aimed at reducing food waste, making food donating easier to the social institutions. The act was initiated by a representative of the Social...
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Agricultural production prices: +1.2 percent
Date: 2016-10-19 10:07:52
In July 2016 agricultural production prices increased by 1.2 percent from the level of July 2015. This rise was driven by the price of vegetable products growing by 1.2 percent...
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Agriculture’s increased profitability
Date: 2016-10-19 10:02:33
Agriculture’s output has been increasing since 2011 and 2015 brought a record performance. Due to this fact and as a result of growing state funding, the sector’s profitability improved, the...
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Watermelon consumption promoted efficiently
Date: 2016-10-19 10:00:55
The programme for popularising watermelon consumption was successful: it directly reached 70,000 consumers in one month. Six retail chains joined this year’s campaign as opposed to only one last year...
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Magazine: What do Hungarian winemakers need?
Date: 2016-10-19 07:10:44
The National Council of Wine Communities (HNT) signed an agreement with the Ministry of Agriculture, stating that the organisation undertakes developing a strategy for the viticulture and oenology sector. They...
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This year, about 2.7 million hectoliters of new wines were transported into the cellars
Date: 2016-10-18 11:30:42
This year, about 2.7 million hectoliters new wines were transported into the cellars, according to the pre-harvest estimates of the National Council of Wine Communities (HNT) – the Deputy Minister...
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Seed Association: the European seed industry is at the forefront in breeding
Date: 2016-10-18 11:25:58
The European seed industry has a leading role in the breeding of varieties and annual yield could be increased by 15 percent to 22 million tons with breedings and developments...
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KAVOSZ: the enterprises of the milk and pig sector can also receive costless and interest-free loan
Date: 2016-10-18 11:22:31
The Ministry of Agriculture (FM) provides cost-free interest rate-free credits to the small and medium-sized enterprises dealing with dairy cow and pig breeding through the Agricultural Széchenyi Cards – the...
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The NAK signed agreements that promote healthy diet
Date: 2016-10-18 11:20:43
The Chamber of the National Agricultural Economics (NAK) signed agreements with the Hungarian Dietetic Association (MDOSZ) and the Diet, Lifestyle and Physical Activity (TÉT ) Platform Association. Photo: Gyulai Tóth...
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