Market News
KSH: employment increased further
The number of employees increased further in the first quarter and 145 thousand more peple are working than a year before – the Central Statistical Office (KSH) announced on Thursday....
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Hungary sent the second highest proportion of alerts about dangerous products into the EU’s system
Hungary sent 238 alerts, due to dangerous or unidentified products into the European Union's rapid alert system (RAPEX) last year, just one less than Spain on the first place. 195...
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Direct Supports Manual has been published
The National Agricultural Economics Chamber supports the work of its members with a handbook again. The publication aims to help the farmers to familiarize with the direct supports that were...
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Czerván György: the frost damages to be mitigated from the 24 billion HUF of the compensation fund
24 billion HUF can be found in this year’s compensation fund – Czerván György, Minister of State of the Ministry of Agriculture told M1 news channel on Thursday. The farmers...
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The Free Trade Agreement may potentially jeopardize European agriculture
The Transatlantic Trade and Investment Partnership (TTIP) can have a major impact on farming and food production in the European Union – the Friends of the Earth Europe and the...
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The Nébih suspended the operation of a tofu plant in Budapest
The National Food Chain Safety Office (Nébih) suspended the operation of a tofu plant in Budapest, due to hygiene and traceability problems. Due to hygiene and traceability problems nearly 600...
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The first months of 2016 produced an unexpected sales growth for retailers 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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Magazine: The barbecue season is about to start – there are unanswered questions, though
Although sales are growing in the grill product market year after year, major manufacturers are missing from the Hungarian market, while others have decided to narrow the selection of products...
Read moreGfK: a boom may come in domestic retail
The annual conference of the Hungarian Association of Shopping Centers (MBSZ) was held on 25-26 April 2016. The 170 representatives of the domestic retail analyzed the developments of the past...
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The dairy market balance must be restored
The market needs to find a balance between supply and demand, which will require radical ruthless measures – Agroinform.hu wrote. According to the German Wochenblatt für Landwirtschaft und Landleben, urgent...
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Hungarians consume domestic melons
Ninety percent of the domestic melon consumption are Hungarian melons – the Minister of State of the Ministry of Agriculture said at the Fifth National Melon Forum on Wednesday in...
Read moreA 4 percent decline in live cattle exports
According to the data of the Central Statistical Office (KSH), a 4 percent decline occured in January 2016 compared to January of 2015 – agroinform.hu wrote. The main partners were...
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Nébih: low-fat milks were withdrawn from circulation
Several 1.5 % UHT milk with Slovak and Czech origin were withdrawn from circulation, because according to the laboratory tests, their fat content was lower than indicated – the National...
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MNKH: expanding relations in the Carpathian region
The reginal offices of the Hungarian National Trading House (MNKH) achieved a considerable success since last December in Arad and in Nagyvárad. During the nearly half a year of operation,...
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We do not mind overtime if it is paid
Although typically everyone works overtime, but for extra money we would take even more – according to a research by Randstad Award. Among the Hungarian workers only the majority of...
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It is worth to make economic ties with Pakistan closer
Hungary should make economic ties closer with Pakistan – Magyar Levente Minister of State responsible for economic diplomacy told M1 news channel, after negotiations in Islamabad, Pakistan, on Tuesday. The...
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Great success for Hungarian wines in the USA
Altogether 8 Hungarian wineries were rewarded at the Finger Lakes International Wine Competition, the most prestigious wine contest in the USA. Matias Winery’s Hárslevelű ice wine came home with a...
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Magazine: MagyarBrands 2015: Hungarian brand, international value
The MagyarBrands Committee of Experts has been rewarding brands with a Hungarian connection for six years. Seven criteria are considered in brands’ evaluation: traditions, employment, ownership structure, reputation, identity, how...
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The April cooling caused havoc in the orchards
Due to the past few weeks’ morning cool downs a massive damage have occurred in the orchards. Mostly strawberries have suffered in the frost. The bad weather at the end...
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NGM: 300 billion HUF more on GINOP this year
The government increased the framework of the Economic Development and Innovation Operational Programme (GINOP) with 300 billion HUF this year – the Deputy Minister of State of the National Economy...
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A new supporter behind the Hungarian Paralympic team
The WestEnd City Center signed a supporter contract with the Hungarian Paralympic Committee (MPB) for the Paralympics in Rio. Szabó László, chairman of the MPB told at a press conference...
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Nébih: fake pálinka was sold at a club in Budapest
Fake pálinka was offered at a popular club in Budapest; the National Food Chain Safety Office (Nébih) held a control at the club – the authority responsible for food chain...
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Employment increased in the European Union
Last year employment increased in the European Union and rose to a record level among women and people over the age of 55, from the peak measured in 2005 –...
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The EU issued more than two thousand alerts for dangerous products last year
The EU issued more than two thousand alerts for dangerous products (consumer protection) last year. Nearly two-third of the products came from China – the European Commission announced on its...
Read moreGerman business sentiment deteriorated
The Ifo Business Climate indicator decreased to 106.6 points in April, while economists expected an increase to 107 points from March’s 106.7 points. The current situation measure of the survey...
Read moreVillage May Day and Mother's Day on 1 May at the Sóstó Museum Village
On 1 May, Village May Day and Mother's Day programs will await the guests in the Sóstó Museum Village, where in addition to special children's cart exhibition, pálinka tours and...
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Consumer protection: 22 percent of the hotels mislead the guests
22 percent of the studied hotels, 38 out of 173 misleads the guests, ie their grade levels does not meet the requirements, or as a pension, wrongly called themselves as...
Read morePowered fixed vending shelf system
FFR Merchandising developed a new, powered fixed vending shelf system that not only guarantees that valuable products such as razor blades aren’t stolen, but also gives shoppers easy access to...
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Companies and applicants don’t speak the same language
It is more and more difficult for service centres to recruit well-trained workforce that also speaks more languages fluently. According to the Hungarian Outsourcing Organisation (HOA), which unites the most...
Read moreKSH: retail sales increased more in February than the preliminary data indicated
Retail sales in February reached an even greater momentum than the preliminary data indicated. Retail sales in February increased by 6.7 percent, compared to a year before and by 6.6...
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