Market News
(HU) Nincs változás a dobogón: Tesco, Coop, CBA
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Read moreFM: this year's harvest prospects are favorable
Czerván György, Minister of State for the Ministry of Agriculture (FM) called this year's crop prospects favorable at a professional event in Cegléd – the Ministry of Agriculture (FM) informed...
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Hungarian food exports to China reaches 100 million USD this year
Szijjártó Péter concluded a number of agreements in Ningpo, East China, which aims to increase exports to China over 100 million HUF. MTI Photo: KKM Szijjártó Péter Minister of Foreign...
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Syngenta: now farmers need to pay attention to the arable crops
Wheat, corn and sunflowers are all in promising developmental stages. It is projected that colza will also be promising this year. But the farmers really need to pay attention now,...
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Breads were baked surrounded by cockroaches in a bakery in the Capital
The professionals of the National Food Chain Safety Office (NÉBIH) found cockroaches at a bakery in Budapest. After checking the bakery, more than 480 kilograms of food products were withdrawn...
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Smartphone app runs store
In a small Swedish town called Viker there is a grocery store where no employee works: it is run by a smartphone app. Customers are required to register for the...
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Increased market share for drugstores
Last year almost HUF 38 billion worth of laundry detergents were sold by Hungarian shops. Value sales grew 4 percent but volume sales reduced by 2 percent. Laundry detergent is...
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(HU) Selyemút az üzleti sikerekhez Interjú Tóth Sándorral a China Smart Expo marketing igazgatójával
http://www.chinasmartexpo.com/registration.php...
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FM: the Hungarian milk is competitive
The Hungarian milk is competitive, the problems are due to the oversupply in the world market, not only in Hungary but also in several countries – the Ministry of Agriculture...
Read moreKSH: falling consumer prices stagnating food prices
In May, consumer prices were on average 0.2 percent lower than a year before, while compared to April rose by an average of 0.3 percent – the Central Statistical Office...
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Export surplus continued to increase in April
The euro-denominated value of exports increased by 5.1 percent, while imports fell 1.9 percent in April, compared with a year before, the trade surplus increased by 527 million euros to...
Read moreThe Online Dealer of the Year 2016 awards were handed over
The Online Dealer of the Year 2016 awards were handed over. At the competition held for the tenth time, winners were announced in small and medium-sized businesses and in the...
Read moreThe Agricultural Marketing Centre Nonprofit Kft. was established
The tasks of the collective marketing activities will be performed by the newly established Agrármarketing Centrum Nonprofit Kft. (Agricultural Marketing Centre Office) from 15 June instead of the Hungarian Tourism...
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MNB: the popularity of the growth loan program justified the increase in allocations
The product of the growth loan program (NHP) has become very popular among the small and medium-sized enterprises (SMEs), as well as among the banks. Therefore the National Bank of...
Read moreWorld Bank lowers its growth forecasts
The World Bank downgraded its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January. The move is due to sluggish growth in advanced economies,...
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Hungarian companies will set up the food industry’s system in Laos
Sixty Hungarian small and medium-sized enterprises will “set up the food industryial and food security system of Laos” within the framework of 10 billion HUF investment program – Szijjártó Péter...
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Hungarian shop assistants were smiling less last year
In 2015 Hungarian shop assistants were smiling a bit less – a 77 percent ratio was measured – that in the previous year (81 percent), but they welcomed customers in...
Read moreKSH: trade and catering increased the GDP in the first quarter
The volume of gross domestic product in the first quarter was 0.9 percent higher than in the previous year. The market services increased slightly, while the industry slightly reduced and...
Read moreDomestic tomato production area increased sevenfold
The domestic industrial tomato growing area increased almost sevenfold in recent years – magyaridok.hu wrote. In the early 2010s the sector was at the edge of extinction. Now tomato has...
Read moreHungarians purchased online in a value of more than 300 billion HUF last year
Last year, net sales in online retail totaled at 319 billion HUF, 17 percent more than in the previous year, reaching 4.1 percent of total retail sales in Hungary –...
Read moreSME sector’s business confidence improved in the first quarter
The business confidence in the small and medium-sized enterprise sector continued to improve in the first quarter, compared to the previous quarter – the Economic and Enterprise Research Institute (GVI)...
Read moreThe excise duties on fuels and tobacco products will increase
The MPs adopted Varga Mihály, Minister of National Economy’s proposal with 124 votes in favor, 37 against and 29 abstentions. Under the proposal adopted, excise duties on fuels will increase...
Read moreAnother forty billion HUF for agri-environmental program
The framework of the agri-environmental program will be expanded with forty billion HUF. Viticulturists and fruit growers can apply for 15 billion HUF, while animal breeders can apply for 25...
Read moreIllegal distillery was found in Szabolcs
The finance guards found an illegal distillery at one of the settlements in Szabolcs-Szatmár-Bereg County. Magyar Norbert, Press Officer of the Szabolcs-Szatmár-Bereg County National Tax and Customs Authority told MTI...
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NAV auctioneers chocolates
The starting price of 500 chocolates is 50 thousand forints. The products will expire in mid-September. The National Tax and Customs Authority (NAV) regularly advertises different products, real estates, that...
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Miracle in Brazil
The first months of 2016 produced an unexpected sales growth for retailers in Brazil. Sales were up 1.2 percent in February – the biggest growth since July 2013. There has...
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More funding available in more areas
The annual framework budget of the Economic Development and Innovation Operative Programme (GINOP) got HUF 300 billion bigger. This means that until the end of 2016 businesses can apply for...
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Magazine: Business travel abroad is what Hungarians want
Young Hungarian workers, especially men, are very much attracted by international opportunities. The latest findings of the Randstad Workmonitor show that 79 percent of Hungarian men younger than 34 years...
Read moreAnalysts: the increase in retail sales may continue throughout the year
The growth in retail sales continues during the year – according to analysts interviewed by MTI, who mentioned the increase in net real wages as the main reason. The Central...
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