Market News
Magazine: Big tax changes
Date: 2016-07-14 07:29:11
There will be great changes in tax rules as of next year. The Hungarian parliament voted with yes to Minister of National Economy Mihály Varga’s proposal to amend the tax...
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Forty billion HUF for the development of the wine industry
Date: 2016-07-13 11:40:46
The Prime Minister's Office published a forty billion HUF call for proposals to support the wine industry – the Minister of State of the Prime Minister's Office announced on Tuesday...
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The Kopint-Tárki expects 2.2 percent growth for this year, and a 2.7 percent growth for next year
Date: 2016-07-13 11:33:59
The Kopint-Tárki decreased its Hungarian economic growth forecasts (forecasted in April) from 2.4 per cent to 2.2 per cent, while next year’s forecast from 2.9 to 2.7 per cent –...
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The ULT does not process more tobacco in Nyíregyháza
Date: 2016-07-13 11:27:18
The processing plant of the Universal Leaf Tobacco (ULT) Magyarország Zrt. in Nyíregyháza will terminate its tobacco processing activities. The processing of the Virginia and Burley tobaccos will be transferred...
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Fazekas: the Hungarian watermelon is popular abroad
Date: 2016-07-13 11:26:57
The Hungarian watermelon and seedless watermelon is also popular on the export markets. Hungary mainly transports them to Germany, Poland, the Czech Republic, Slovakia and to the Nordic countries –...
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The Chamber of Agriculture launches an energy efficiency audit service
Date: 2016-07-13 11:25:24
The National Chamber of Agriculture launches an energy audit service to its large corporate members. The National Chamber of Agriculture developed a service and an online system. The service is...
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The per hectare wheat yield is six and a half tonnes in Tolna County
Date: 2016-07-13 11:22:27
Approaching to the half of the harvest, the per hectare winter wheat yield is six and a half tonnes in Tolna County, where winter barley and canola also have outstanding...
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Eight times more contraband cigarettes were seized in the first five months of 2016 than in the first five months of 2015
Date: 2016-07-13 11:10:31
In the first five months of this year, eight times more contraband cigarettes were seized, compared to the same period of last year, according to the data of the National...
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This year's PET Cup cleansed the Tisza from forty-five thousand plastic bottles
Date: 2016-07-13 11:04:17
The participants of the PET Cup gathered this record amount of plastic bottles in the Upper Tisza region. The self-built fleet of plastic bottle vessels collected this huge amount of...
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Magazine: Multifunctional expectations in hair care
Date: 2016-07-13 07:50:13
In the last few years consumers started economising a little in buying cosmetic products, too. Before the economic recession they were using 2-3 different products for the same purpose, but...
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KSH: producer prices increased by 2.4 percent in May
Date: 2016-07-12 11:55:04
Agricultural producer prices increased by 2.4 percent in May, compared to the same month of the previous year – the Central Statistical Office (KSH) announced on Tuesday. The price of...
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GfK: the market share of private label products has increased
Date: 2016-07-12 11:50:07
Last year, after five years of stagnation, the market share of private label products of the retail chains increased by 1 percentage point to 24 percent on the fast moving...
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The sales of domestic webshops continued to grow, according to a survey
Date: 2016-07-12 11:38:30
77 percent of the Hungarian web stores increased their sales last year, and only 4 percent reported a decrease in turnover – the latest survey of WebShop Experts revealed. According...
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FruitVeB: this year more watermelon will be harvested than last year
Date: 2016-07-12 11:35:33
This year 235-240 thousand tons of watermelon is expected to be produced in Hungary, which is 25-30 thousand tons more than last year – the President of the Hungarian Fruit...
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Analysts: export growth may remain
Date: 2016-07-12 11:33:46
Export growth may remain sustained and record levels of foreign trade surplus is expected this year – analysts told MTI on Friday. According to the first estimate of the Central...
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EU’s common agricultural policy does not favor livestock production
Date: 2016-07-12 11:30:32
The Union's common agricultural policy does not favor livestock production. This means that these sectors are not eligible for EU funds, therefore the role of national subsidies aree appreciated in...
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Nébih: more than two tonnes of products were destroyed in the wholesale fruit and vegetable market in Budapest
Date: 2016-07-12 11:10:24
The National Food Chain Safety Office (Nébih) carried out an inspection at the wholesale fruit and vegetable market in Budapest. During the action, more than two tons of deteriorated or...
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The law on the increase of the mandatory distribution of Romanian food in the hypermarkets was announced
Date: 2016-07-12 11:02:44
President Klaus Iohannis signed the law amendment – the Romanian President’s Office announced on Monday. According to the amendment, the retail chains achieving more than 2 million euros in sales...
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Old-new ECR SecGen
Date: 2016-07-12 10:48:36
BGA established ECR Hungary back in 2000, as a joint supplier-retailer forum dealing with EDI and Logistics. The recent ECR Annual Meeting elected BGA SecGen Zoltan Fekete to become ECR...
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Italian food products in the international market
Date: 2016-07-12 10:36:17
Coop Italia has created a new company that will try to match Italian food manufacturers with international buyers. Coop Italian Food intends to appear with Italian specialties – all of...
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Renewable energy at Tetra Pak
Date: 2016-07-12 10:32:22
Tetra Pak plans to gradually rely fully on renewable energy: they intend to reach this goal by 2030 – at the moment 20 percent of the energy they use comes...
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GFK: the properly used trade mark causes sales growth in the FMCG sector
Date: 2016-07-11 12:00:08
The number of brands awarded in the Product of the Year Competition grew by more than 60 percent. This year the products competed in 23 categories. The range of categories...
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The Hungarian melons are available in several supermarket chains
Date: 2016-07-11 11:55:49
The Hungarian melons have appeared in the stores of several supermarket chains. Sales grew from other seasonal products as well: from mineral water, soft drinks and ice cream – the...
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European pigs are popular
Date: 2016-07-11 11:24:34
According to the European Commission, the European Union sold 35 percent more pork (1.3 million tons) in the international markets in 2016 in the first four months, compared to a...
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There is still no inflationary pressure in the economy
Date: 2016-07-11 11:22:44
There is still no inflationary pressures in the economy, so throughout the year an average of 0.6-0.7 percent price increase can be expected. Analysts told MTI that according to the...
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The British agriculture after the Brexit
Date: 2016-07-11 11:05:19
Cheap labor may lost, but regulations will be more permissive. For the time being only guessing is taking place about the future of the British farmer after the Brexit. The...
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No more bird flu in Northern Italy
Date: 2016-07-11 11:04:38
The Ministry of Health in Italy at the end of June withdrew the stict measures in the Emilia Romagna region. The first suspected case was in La Nuova Ferrara at...
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Special vadas sauce for the elderly
Date: 2016-07-11 10:50:17
Within the framework of the NU-AGE project, which is supported by the European Commission, the specific dietary needs of the elderly population are addressed. MIRELITE MIRSA Zrt. developed its new...
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Neta lobby reloaded
Date: 2016-07-11 10:45:40
Requesting Neta tax decrease options, BGA recently submitted two amendment proposals to the 2017 tax changes act. Before the final voting, both were rejected therefore a new round of BGA...
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SPAR and P&G campaign for gym refurbishment
Date: 2016-07-11 09:21:19
This year Procter&Gamble works with SPAR Hungary in a campaign offering the chance to primary and secondary schools to refurbish their gym. Until 20 July shoppers who purchase P&G products...
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