Market News
Hungarian Advertising Association: the advertising tax is harmful to the entire economy
The Hungarian Advertising Association (MRSZ) still believes that the advertising tax is not only harmful to the industry, but also to the whole economy – the association told MTI on...
Read moreMore effective action is needed in the case of non-cultivated vineyards
The wine law amendment – submitted last week to the National Assembly – will provide more effective actions in the case of non-cultivated vineyards. The wine law amendment among other...
Read more
Fazekas Sándor: we can triple the Hungarian agricultural exports to Ukraine
According to the Minister of Agriculture, due to the emerging relations the Hungarian agricultural exports can be tripled to Ukraine. Summarizing the results of his two-day visit to Kiev, Fazekas...
Read more
Japan bans Hungarian poultry
The Japanese Ministry of Agriculture forbade the importation of certain Hungarian poultry products on Saturday – index wrote. The ban on chickens, ducks, turkeys and other poultry products was brought...
Read more
Bird flu was detected at a turkey farm in Békés county
The National Food Chain Safety Office (NÉBIH) detected bird flu in a turkey farm near Tótkomlós in Békés county. The authority took the necessary measures – the Ministry of Agriculture...
Read moreAir freight and passenger traffic increased worldwide
According to the International Air Transport Association’s data, air freight and passenger traffic increased significantly worldwide in September, compared to the previous year. The International Air Transport Association (IATA) announced...
Read more
Magazine: Hungarian SMEs and business management system use
The Hungarian government supports the acquisition of enterprise resource planning (ERP) systems by SMEs in many ways. However, ERP system use is only spreading slowly, in part because firms that...
Read more
The Wholesale Market is celebrating its 25th anniversary
Hungary’s biggest wholesale market, specialized on the selling of vegetables and fruits opened its gates in the Nagykőrösi road in the summer of 1991. Now the Wholesale Market is situated...
Read more
NÉBIH can reduce the waste of food from EU funds
The European Committee supports the implementation of environmentally friendly projects from more than 220 million euros. The National Food Chain Safety Office (NÉBIH) receives 1 million euros funding to implement...
Read moreCigarettes prices will increase next year
The new excise regulations adopted by the Parliament on 7 June 2016 do not take effect on the planned date, on 1 January 2017. The proposed new date is 1...
Read more(HU) IFS Élelmiszer-biztonsági Konferencia (2016. november 10.)
Sorry, this entry is only available in HU....
Read more
Net sales of the top 100 enterprises in Vas County has continued to grow
The net sales of the hundred most successful companies in Vas County in 2015 were more than 1116 billion HUF. Compared to the previous year, net sales increased by 17.6...
Read more
Fake drugs cause 130 billion HUF damages in Hungary
Every year, the fake drugs cause about 130 billion HUF damages in Hungary. It is 13 percent of the total domestic drug traffic and 4 percent of the fake drug...
Read more
Expansion of private labels stopped in the first half of the year
Private label grocery product sales have been growing for years, but in the first half of 2016 this expansion came to a halt: like-for-like PL grocery product sales grew just...
Read more
Drugstores strengthened their position
Paper diapers: in a 6-month period paper diaper sales were realised in the value of nearly HUF 10 billion. Value sales augmented by 5 percent and volume sales were up...
Read more
Magazine: Money travelling at the speed of light
Online banking services are now present in the life of every enterprise. Tamás Győr, head of the corporate business development directorate at Erste Bank told that they plan to expand...
Read more
Hungary produced the majority of sunflowers in the European Union
In terms of sunflower production, Hungary is in first place in the European Union. The harvested volume is more than 1.8 million tons this year – Czerván György, Minister of...
Read moreThe MVH paid 60 billion HUF advance fundings to the farmers so far
So far, the Agricultural and Rural Development Agency (MVH) paid out 60 billion HUF down payment to the farmers from European Union and national agricultural support – Gyuricza Csaba, president...
Read moreIMF: Central and Eastern Europe's economy is growing solidly
Solid economic growth occured in most Central and Eastern European and South-Eastern European economies, while the shrinkage of the gross domestic product in Russia will decline and other former Soviet...
Read more
WWF: the Hungarian population’s interest decreased towards sustainability
Over the past six years, the interest and sensitivity of the Hungarian adult population reduced significantly towards local and global sustainability issues – according to a September poll of WWF...
Read more
St. Martin's Day festivities in the Village Museum of Göcsej
St. Martin Day festivities will be held on Saturday at the Village Museum of Göcsej in Zalaegerszeg: at the whole-day event traditional ensembles will perform, handicraft workshops, work presentations, including...
Read more
Looking for the best young manager
The Academy of Young Managers announced the Young Manager of the Year competition this year as well. Annamária Tóth, the head of the academy’s operator, the Coaching Team, told our...
Read more
Magazine ads still produce the best return rates
According to Nielsen Catalina Solutions (NCS), which analysed the results of nearly 1,400 campaigns implemented in the last 11 years, the best return on investment (ROI) is generated by advertising...
Read more
Hungarian companies are keen to get their money
According to Balázs Vanek, country manager of Atradius, Hungarian companies pay special attention to collect debts from the firms that owe them money. In Hungary there is less uncollectible intercorporate...
Read more
Nielsen: the retail sales of household chemicals and cosmetics grew by five percent to 253 billion HUF
The retail sales of household chemicals and cosmetics grew by five percent to 253 billion HUF in the first eight months of the year, 5 percent more than a year...
Read more
Giant TVs drones and smartphones will be the hits of Christmas
Many people will buy large TVs, smartphones and powerful drones for Christmas this year in Hungary – Extreme Digital’s sales data reveals. The statistics also show that the gaining ground...
Read more
What does your company have to do to prepare for the GDPR regulation?
ICO, and independent data protection organisation in the UK specified 12 areas where a company needs to take steps to prepare for the new regulation: 1. Awareness, 2. Information you...
Read more
Export surplus continued to increase in August
The value of exports in euros increased by 12.5 percent, while the value of imports in euros increased by 10.9 percent in August, compared to the previous year. The export...
Read moreThe golden jaundice disease endangers two more wine regions
The golden jaundice disease endangers two more wine regions in Hungary. The government agencies have begun the assessment of the level of infection and making steps necessary for the elimination...
Read more
Economic sentiment improved in Europe
Economic sentiment improved in Europe in October in the euro zone and in the EU, because optimism increased in the industrial and service sectors. The European Union's Directorate-General for Economic...
Read more
