Market News
OECD-FAO: medium-term outlook for agriculture between 2016-2025
The OECD-FAO Agricultural Outlook 2016-2025, published today, is a collaborative effort between the two organizations. It brings together the commodity, policy and country expertise of both organizations and input from...
Read more
Retail sales grew in Europe
In May, retail sales increased by 0.4 percent, compared to the previous month in the euro zone and in the European Union – the European Union's statistical office, the Eurostat...
Read more
MNB: SMEs applied for 125 billion HUF in the third stage of the growth loan program
In the third stage of the growth loan program (NHP), so far 4600 domestic micro, small and medium-sized enterprises were granted fundings in the amount of approximately 125 billion HUF...
Read more
According to a new research, pasta is not fattening, quite the opposite
In recent years pasta gained a bad reputation: it will fatten you. This led lots of people to limit its consumption, often as part of some aggressive “do it yourself”...
Read more
The Nébih seized more than 10 tons of meat in a meat shop in Dunavarsány
The National Food Chain Safety Office (Nébih), seized more than 10 tons of meat in a meat shop in Dunavarsány and ordered the destruction of the products. The inspectors found...
Read more
Golden jackals cause nearly one billion HUF damage to the sheep breeders every year
Golden jackals, stray dogs and thefts cause nearly one billion HUF damage to the sheep breeders every year. According to the sheep breeders a law amendment would be necessary to...
Read moreRetail sales decreased in Romania
The volume of retail sales decreased by 4.7 percent in May, compared to the previous month – the Romanian national statistical institute told on Tuesday. According to the seasonal and...
Read more
Managing labour shortage with outsourcing
In the last few months labour shortages occurred in many sectors in Hungary: by the end of 2015 almost 60,000 positions were unfilled. The Hungarian Outsourcing Association (HOA) is of...
Read more
Manufacturer brands got stronger
Combined sales of sanitary pads, tampons and pantyliners exceeded HUF 14 billion last year, with like-for-like value sales having grown 4 percent. Sanitary pad: the annual market was above HUF...
Read more
Special Prize: ‘Most attractive workplace’ – FMCG category, Nestlé Hungária
Nestlé Hungary’s head of HR Ms Verő told that they are proud to have made it to the top of the list of the most attractive workplaces in the FMCG...
Read moreEC: the food chain supervision fee and the tax on tobacco sales are irregular
According to the European Commission (EC) the food chain supervision fee and the tax on tobacco sales are irregular. According to the European Commission (EC) the the two tax measures...
Read moreGlobal food demand may decline
Global demand for food is growing slower over the next decade, while thanks to the increase of the agricultural productivity and the slight increase of agricultural areas the needs to...
Read more
FM: the summer food supply chain control has begun
The summer food supply chain control has begun: between 1 July and 31 August the experts of the National Food Chain Safety Office (Nébih) and county government agencies jointly control...
Read moreDigital technology would impove agricultural output
The agricultural activity is changing fundamentally in the near future: traditions will be replaced by a variety of data processing systems and objective metrics – agrarszektor.hu wrote. For efficient production,...
Read moreThe irrigation development tender of the Rural Development Programme to be amended
In order to the effective implement of the increase of the irrigated land, the irrigation development tender of the Rural Development Programme will be amended – the Prime Minister's Office...
Read more
10 percent of the cooking oil sales is affected by VAT frauds
The ten percent of the cooking oil sales in Hungary is affected by Value Added Tax (VAT) frauds. In the region, only Slovakia and the Czech Republic is infected in...
Read moreK&H: expectations of the domestic SMEs barely changed
The confidence of the domestic small and medium-sized enterprises (SMEs) is stagnating. The K&H’s confidence index expectations for the next year virtually did not change. Compared to the minus 7...
Read moreThe French said goodbye to the plastic bags
From the first day of July disposable plastic bags are prohibited in France – Local’s French edition wrote. France’s efforts to reduce the number of plastic bags in distribution comes...
Read more
Sales growth – in both value and volume
FACIAL AND ANTI-WRINKLE CREAM: retail sales exceeded HUF 6 billion in the last two years. Last year Nielsen measured a 9-percent growth in value sales and volume sales increased by...
Read more
Magazine: From the ‘hobby’ of a privileged few to a matter of life and death: employer branding
In just one year the No.1 concern of Hungarian company directors became finding, keeping and motivating workers, this category finishing first in the ranking ahead of market problems and the...
Read more
The export of the Áldomás premium category food products starts this year
In the first round, a total of 30 products of 17 producers received the right to use the Áldomás brand name. In the second half of this year, the exports...
Read moreFM: The role of producer organizations in the agricultural sector should be increased
The role of producer organizations in the agricultural sector should be increased with at least 40 percent. It can be achieved mainly due to the entry of new members and...
Read moreThe e-toll system could be improved further
Idata’s E-toll Working Group developed a package of proposals. The e-toll system entered into force in July 2013, exactly three years ago. The e-toll system brought radical changes in the...
Read moreDifference increased in consumption
According to the Central Statistical Office’s data on consumption, the difference between the citizens of Budapest and the rural people has increased enormously in the beginning of the year –...
Read moreThe wheat harvest begins next week
Farmers expect a good wheat harvest both in quantity and quality. The wheat harvest begins next week. However, the optimistic expectations is overshadowed by the low price levels: purchasers only...
Read moreThe 2016 Wine Selection of the Ministry of Foreign Affairs and Foreign Trade was presented
The 2016 Wine Selection of the Ministry of Foreign Affairs and Foreign Trade (KKM) was presented: 23 types of high-quality Hungarian wines of three selected categories will represent the Hungarian...
Read more
Jakab István: the conditions are given for the production of quality food
The country has all the conditions for the production of quality food – the Vice President of the National Assembly said on Friday. Jakab István, Vice President of the Hungarian...
Read moreMLBKT: the purchasing managers’ index in June indicates a slowdown in growth
The purchasing managers’ index (PMI) in June was 1.3 percentage points lower than in May and became 50.9 percent. The purchasing managers’ index (PMI) is indicating an expansion for the...
Read more
The Médiaunió launched a campaign for the selective collection of plastic bottles
The Médiaunió Alapítvány (Media Union Foundation) launched its It Is Not Hard campaign for the selective collection of plastic (PET) bottles – the organization told MTI on Friday. In Hungary...
Read more
Retail sales decreased in Switzerland
In May, a further decline occured in retail sales in Switzerland – the Swiss Federal Statistical Office (FSO) announced on Friday. Retail sales in Switzerland declined by 2.3 percent in...
Read more
