Market News
‘Diabetic’ indication can’t be used any more
Date: 2016-09-30 10:32:22
As of 20 July 2016 the ‘diabetic’ indication isn’t allowed to be used on food products in the European Union. The new regulation only makes it possible for manufacturers to...
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More and more lactose-free products, lower prices
Date: 2016-09-30 10:28:59
Experts say there are about 3 million lactose-sensitive people living in Hungary and every tenth child is affected by this problem. No wonder that demand for lactose-free products has been...
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Stricter tracking rules
Date: 2016-09-30 10:23:43
In October 2015 the Ministry of Agriculture and GS1 Hungary signed a cooperation agreement on establishing the National Food Tracking Platform. The platform’s objective is to help enterprises in their...
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KSH: 7.9 million tons of cereals grown this year
Date: 2016-09-29 11:50:14
This year, 5.1 percent more, a total of 7.9 million tons of cereals grown, compared to last year, on a 0.4 percent less area – the Central Statistical Office (KSH)...
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The Chamber of Agriculture does not support the transfer of EU funds
Date: 2016-09-29 11:35:49
The National Association of Agricultural Economics (NAK) does not support the transfer of EU agricultural funds – the public body told MTI on Wednesday. According to the information, the NAK...
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The growing area of leguminous plants has increased
Date: 2016-09-29 11:32:45
The growing area of leguminous plants has increased significantly in recent years in Hungary, but continues to provide only a small part of domestic arable crop production. The Ministry of...
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Rural Development Agency: farmers will receive a higher amount of advances this year
Date: 2016-09-29 11:30:31
This year, the Hungarian farmers will receive a higher amount of advances this year from the EU agricultural supports in the rest of the year – the president of the...
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The national trading house launches further trainings for businesses preparing to enter foreign markets
Date: 2016-09-29 11:10:57
The Hungarian National Trading House (MNKH) Ltd. is organizing the “export academy” for the ninth time. Companies can apply to the training until 10 October – the company told MTI...
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Economic sentiment in the euro zone and in the EU improved in September
Date: 2016-09-29 11:10:09
Economic sentiment in the euro zone and in the European Union improved as well in September. According to the report, issued by the European Union Economic and Financial Affairs (ECFIN)...
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The NAV foun an illegal cigarette factory in Budapest
Date: 2016-09-29 11:03:31
The finance officers of the National Tax and Customs Authority (NAV) unveiled another cigarette factory of an international criminal organization with the help of the Bulgarian authorities and Europol. Tóth...
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Cheaper small-scale farmer IDs
Date: 2016-09-29 10:46:14
The new, card-format small-scale farmer IDs will take more time to make, but manufacturing them will cost only half the sum originally planned. Almost 190,000 cards need to be manufactured....
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Baker association wants VAT cut
Date: 2016-09-29 10:42:30
The Hungarian Baker Association urges a VAT cut and wants fair market conditions in the baking industry. President József Septe is of the opinion that prices need to be increased...
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Watermelon oversupply in Europe
Date: 2016-09-29 10:38:48
This year’s watermelon season was characterised by low purchasing prices and oversupply, not only in Hungary but in the whole of Europe. This year Spanish and Italian watermelon was still...
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From now on there will be more meat in the sausages
Date: 2016-09-28 11:35:02
Sausages and parisians should contain more meat, because the regulations of the Hungarian Food Code will change. The use of mechanically separated meat was tightened as well. New quality requirements...
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GKI: Hungary's GDP may expand by 2 percent this year and by 2.7 percent in 2017
Date: 2016-09-28 11:30:56
According to the most recent forecast of the GKI Gazdaságkutató Zrt. ( GKI Economic Research Co.), Hungary's GDP may expand by 2 percent this year and by 2.7 percent in...
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The NAK supports the agriculture and the food industry training with market survey
Date: 2016-09-28 11:27:17
The National Agricultural Economics Association (NAK) in collaboration with the Agricultural Economics Research Institute (AKI) launches a complex labor market research to assist the market-oriented vocational training, suitable for the...
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Fazekas: Increase in milk procurement prices can be felt less in Hungary
Date: 2016-09-28 11:25:11
The increase in milk procurement prices have already begun in the European countries, in Hungary, however, this is not very noticeable – the Minister of Agriculture told M1 news channel....
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The little self-sufficient local farms are looking for local production facilities
Date: 2016-09-28 11:04:42
It is vital to have employment in small communities, which provides a livelihood for the local people, and helps to keep populations to retain themselves. The government supports the creation...
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Consumer sentiment reached its nine-year peak in the world's largest economy
Date: 2016-09-28 11:03:38
The Conference Board Consumer Confidence Index Increased in September The Conference Board Consumer Confidence Index®, which had increased in August, improved further in September. The Index now stands at 104.1...
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Autumn fish stocking has started at the Lake Balaton
Date: 2016-09-28 11:03:00
Fifteen tons of carps were put into the Lake Balaton near Balatonlelle and Siófok on Monday. Szári Zsolt, CEO of the Balatoni Halgazdálkodási Nonprofit Zrt. (Lake Balaton Fish Management Company)...
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VAT fraud is Europe’s third biggest problem
Date: 2016-09-28 10:52:33
Three quarters of European think that fighting VAT fraud is the third most important priority for the European Union, right after battling terrorism and reducing the level of unemployment –...
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New changes in the EKÁER system
Date: 2016-09-28 10:48:38
Having an Electronic Public Road Trade Control (EKÁER) number is obligatory even if the total weight of a vehicle only becomes more than 3.5 tons when it is loaded over...
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Fazekas Sándor: quality Hungarian wines are more and more recognized
Date: 2016-09-27 11:30:41
The quality Hungarian wines are more and more recognized among consumers in Hungary and abroad, as their quality is constantly renewed, and they combine tradition with innovation – the Minister...
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Foreign webshops are more and more popular
Date: 2016-09-27 11:26:56
According to a recent research, the foreign-based webshops are more and more popular among the Hungarian customers – portfolio.hu wrote. Those who regularly purchase on the Internet in Hungary, are...
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New rural development projects to appear later during the fall
Date: 2016-09-27 11:25:19
Further applications are expected during the fall in the Rural Development Programme. By the end of the year applications will be published in a value of around 200 billion HUF....
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KSH: the number of employees increased in June-August
Date: 2016-09-27 11:22:23
In June-August, the number of employees was 4 million 386 thousand, 135 thousand more than the year before. The employment rate for the 15-64 age group increased by 2.5 percentage...
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eNet-Telekom: the number of mobile Internet users is 2.6 million
Date: 2016-09-27 11:20:03
98 percent of the more than 3.5 million smartphone and tablet users are using wifi, 72 percent of them, 2.6 million have mobile internet – the report of eNet and...
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The third of the world's population could be obese by 2030
Date: 2016-09-27 11:15:46
Poor diet poses a threat to the health of half of the world's population – warns an independent committee of nutrition experts. By 2030 a third of the planet's population...
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The most popular French brands are from the car industry and beauty care
Date: 2016-09-27 11:00:10
The tire manufacturer Michelin, the Peugeot car factory and the Yves Rocher cosmetics company are leading the list of the most popular brands in France – Le Figaro wrote. According...
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More than seven hundred bottles of compotes were donated to the large families in Kecskemét
Date: 2016-09-27 11:00:05
About seven hundred bottles of home-made compotes were handed over by pensioners of Kecskemét, Hetényegyháza and Városföld to the Association of Large Families within the Nourishing Love program on Monday...
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