Market News

The agricultural insurance application has been extended

Support for agricultural insurance can be applied by 23 May. The deadline was extended from 17 May – the Groupama Biztosító Zrt. told in its communication. The subsidy can reach...

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The Nébih withdrew expired meat

The staff of the National Food Chain Safety Office (Nébih) seized about 13 tonnes of unlabeled, expired meat in Szabolcs-Szatmár-Bereg county. According to the communication of the National Food Chain...

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The share of domestic food stop signs should be removed in Slovakia

According to a European Union (EU) provision, the practice that indicates the proportion of Slovakian food should be abolished by the end of the year – the Új Szó wrote...

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(HU) Minden a mobilra vándorol – vagy mégsem? Hol találhatók az új vásárlók?

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Hungarian economy slowed

In the first quarter gross domestic product (GDP) increased by 0.9 percent compared to the same period of the previous year – was based on an initial estimate by the...

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There will be enough Hungarian tomatoes and peppers on the market this year

Hungarian tomatoes and peppers are available for weeks. As it was said at the professional day of Syngenta and the Árpád Agrár Zrt. in Szentes: according to forecasts a sufficient...

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The Hungarian-Slovak trade relations are expanding

The regional office network of the Magyar Nemzeti Kereskedőház Zrt. (Hungarian National Trading House Plc.) is successful. The office of the Hungarian National Trading House (MNKH) is outstandingly successful in...

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Mihály Varga: sound economic policy increases the trust of investors

The government’s sound economic policy creates better conditions for investments by domestic and multinational companies in Hungary – Minister for National Economy Mihály Varga told when Nestlé Hungary’s HUF 20-billion...

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Meat products preserved naturally in Törökszentmiklós

Natural Meat Kft. in Törökszentmiklós developed frozen poultry and pork meat products that harmonise with the needs of consumers following the healthy eating trend, as they contain no artificial additive...

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Parcel from a vending machine in just a few seconds

Ádám Bengyel, managing director of parcel vending machine operator Foxpost told our magazine that such machines – if set up in busy places – can be the competitors of delivery...

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Magazine: E-commerce up-close

There were nearly 1,500 participants and more than 40 exhibitors at the very first eCommerce Expo, held on 24 March in Budapest. The event’s main sponsor was Shoprenter and participants...

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(HU) Átvették a hatalmat a vásárlók

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The diabetic indication disappears from the foods from 20 July

From 20 July the “diabetic”, the ” diabetics can consumed it” and the orange circle marking on foods, will not be used, because such markings can be misleading – origo...

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GfK: the sales of technical products decreased by 1.2 percent in the first quarter

The sales of durable technical goods decreased by 1.2 percent in the first quarter, compared to the same period of the last year, while the total turnover amounted to 121.4...

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One billion HUF fraud with rapeseed oil

A company in Budapest cheated nearly one billion HUF VAT with rapeseed oil purchasing. The suspicion was confirmed by the data of the electronic control system for road freight –...

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Social farms in Hungary?

Hungary may launch its own social farm programme in the second half of the year. The objective of the programme is to give work to people in a disadvantageous situation...

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Foundation stone laid for the cereal processing plant in Tiszapüspöki

Tisza-TK Projekt Kft. is building a cereal processing plant from a HUF 45-billion budget in Tiszapüspöki. The government finances the biggest food industry investment since 1990 with HUF 9.2 billion....

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What does Sunday re-opening bring about?

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Nielsen: trade advertisings have increased

Trade advertising increased significantly, after the stores can remain open again on Sundays. While in case of spots promoting trade, the Nielsen Közönségmérés Kft. (Nielsen Audience Measurement Ltd.) registered a...

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The government expects a GDP growth above 3 percent until 2020

In its fiscal outlook for the years 2018-2020, the government expects a GDP growth over 3 percent and 0.9 percent inflation in 2017. The government expects 2.4 percent inflation in...

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Beer consumption increased in Hungary

Hungarians drank more beer last year than in the previous year: the consumption increased by 4 percent – the Association of Hungarian Brewers (AHB) told MTI on Wednesday. The non-alcoholic...

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VAT reduction may continue next year

The general debate of the 2017 annual budget bill began in the parliament on Wednesday. Varga Mihály Minister of National Economy said in connection with next year's budget that he...

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The Rural Development Programme supports the development of irrigation

The call for proposals to support irrigation development was published by the Rural Development Programme (VP) – the Prime Minister's Office told MTI on Wednesday. According to the information thanks...

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From 20 May the use of e-cigarettes will also be limitated

The regulation, restricting the use of electronic cigarette enters into force on 20 May. The use of e-cigarettes will be prohibited at work places and playgrounds; the rule violators can...

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The Nébih found pesticide residue in Egyptian pepper

The National Food Chain Safety Office (Nébih) found insecticides pesticide residue in Egyptian sweet peppers at a company's premises in Kaposvár – the authority told MTI on Wednesday. According to...

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German exports increased significantly

Germany’s trade surplus grew to record heights in March, after exports increased higher than expected, while imports decreased. According to the preliminary data of the German Statistical Office (Destatis) published...

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The Chinese police caught jellyfish counterfeiters

Jellyfish counterfeiters were caught by the police in eastern China, after they sold about 10 tons of artificially produced jellyfish on the market – the local mediareported on Wednesday. The...

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Changes in customs practices

On 31 March 2016 the Hungarian parliament passed the law on the implementation of the new EU customs law, which in accordance with the rules of the EU Customs Code...

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Ever-faster market expansion

Fruit yogurt value sales were up 7 percent and volume sales expanded by 2 percent in the February 2015-January 2016 period. The size of the market neared HUF 37 billion...

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Straight to the court with NAV

From the beginning of next year the new regulation for seeking legal remedy against the rulings of tax authorities enters into force. In the new system enterprises don’t need to...

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