Market News
These are the most attractive companies for employees this year
According to the Hungarian results of the Randstad Award, the world's largest employer brand research, among the largest employers, Audi Hungaria and Mercedes continue to be the two most attractive...
Read moreFazekas Sándor: Hungarian winemaking is before a quality change
The Hungarian winemaking industry is experiencing a quality change of era. In the past few years the possibility of a quantitative and qualitative move forward in the industry – said...
Read moreA record amount of beer was brewed in the Czech breweries last year
A record volume of 20.076 million hectoliters of beer was brewed in the Czech Republic last year, which compared in an annual comparision is a rise of 2.2 percent. The...
Read moreThe Romanian retail sales expanded by 18.7 percent
In the first two months of this year, the Romanian retail sales volume rose 18.7 percent, compared to the same period of last year. According to the calendar-adjusted index the...
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Spar: Garfield returns with animal records
The world's laziest cat went on holiday for a year, but now returns with SPAR’s sticker album that features animal records. SPAR has a real success serie, as in 2011...
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EU about to rethink tax systems
The European Commission have shared the contents of their Anti-Tax Avoidance Package (ATAP) with the public. There are three main courses of action: introducing a common consolidated corporate tax base;...
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Certified service in the cloud
Invitel’s IaaS cloud service is the first in the Hungarian market to have earned the internationally recognised Cisco Powered IaaS certification. At the same time the company has also acquired...
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FAO: Robust outlook for global cereal supplies in 2016
World cereal production in 2016 is set to amount to 2 521 million tonnes, just 0.2 percent off last year's large output and the third-highest global performance on record, according...
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Food industry also joins the dual training programme
Szent István University’s (SZIE) Faculty of Food Science will cooperate with many food processing and retail trade companies from 2016-2017 to start a dual training programme. As part of the...
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Businesses and fields of activity NAV pays special attention to
The National Tax and Customs Administration (NAV) has identified those fields of activities and businesses to which the tax authorities will pay special attention this year. An analysis by Deloitte...
Read moreNGM: retail trade may grow by 6-8 percent this year
This year, retail sales can increase by a pace similar to last year, by an average of 6-8 percent, according to the calculations of the Ministry of National Economy (NGM)...
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FruitVeB: the current weather does not cause major problems for a while
The current relatively warm weather does not cause problem for a while in the cultivation of vegetables or orchards – the Chairman of the Hungarian Fruit and Vegetable Interprofessional Organisation...
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The dairy producers can get temporary emergency support
The dairy farmers can get temporary support on the basis of the Regulation of the Minister of Agriculture. According to the latest issue of the Hungarian Official Gazette (Magyar Közlöny)...
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Nielsen: cleaning habits
The dust and dirt remain the enemy consumers of worldwide. It is not surprising that we spend lot of time to clean our homes and keep our clothes clean. According...
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Retail sales rose in the euro zone in February
The European Union's statistics office Eurostat said retail sales in the 19 countries sharing the euro rose 0.2 percent month-on-month for a 2.4 percent year-on-year gain. Eurostat data showed retail...
Read moreThe beer market increased by 6.5 percent in Romania last year
Last year, 15.8 million hectoliters of beer was consumed in Romania, which is a 6.5 percent increase compared to the previous year – the Romanian Brewers Association announced on Tuesday....
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The Chamber of Agriculture helps the farmers to fill the farmers’ log with a software
The National Agricultural Economics Association (NAK) helps the farmers with a free software to fill in the farmers’ log – the NAK told MTI on Wednesday. The program, which is...
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A bush of”golden tea” worth more than gold in China
Next year's entire harvest from a 410-year-old tea tree was bought for 600,000 yuan (92,000 USD) at an auction in Hunan Province on Wednesday. The tree is 4.5 meters high...
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The Mafia has infiltrated the food industry
The Mafia has infiltrated to the Italian agriculture and food industry. the mafia’s last year's revenue from the Italian agriculture and food industry was more than 16 billion euros –...
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Forum for farmers about transporting chemicals and motor fuels
NAK’s Tolna County branch and the Tolna County Directorate for Disaster Management organised a forum for farmers about how to comply with the regulations for the road transportation of chemicals...
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Farmers already got half of the subsidies
This year there is HUF 400 billion worth of EU funding available to enterprises in the agri-food sector, from which HUF 270 billion has already been paid to successful applicants....
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New name for Italian Riesling
Balaton Circle, Csopak Codex and Riesling Generation announced a competition for finding a new name for the Italian Riesling grape variety. Ideas can be sent in until 30 August and...
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Business relations keep strengthening between Hungary and Romania
The Hungarian National Trading House (MNKH) and the Romanian Chamber of Commerce and Industry have organised a business forum in Bucharest, where more than 40 Hungarian and Romanian companies were...
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Magazine: How to advertise online efficiently
Just like in the case of all forms of advertising, the big question about online ads is: How efficient are they? IPG Media Labs, Cadreon and Integral Ad Science prepared...
Read moreRetail sales momentum is back in February
After the halt in January, the momentum in consumption returned in February. The volume of retail sales increased by 6.5 percent, while according to the calendar-adjusted data, a 6.4 percent...
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Nébih: national dairy inspection to start
Zsigó Róbert, Minister of State of the Ministry of Agriculture ordered the nationwide inspection of milk products, in the wake of the milk producers’s Monday demonstration in Budapest – the...
Read moreAnalysts expect a growth of around 4-5 percent in retail this year
The retail data in February significantly exceeded the analysts' expectations, according to experts interviewed by MTI. According to experts interviewed by MTI, the turnover growth may accelerate later in the...
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The “free” labeled foods met the standards
Based on the results of this year's consumer protection testings the labeling practices of “free” food products has improved. All of the products tested by the National Consumer Protection Authority...
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A producer organization was established that covers 10 percent of the milk production
A new, producer organization was established that covers 10 percent of the domestic dairy production. Four dairy producer groups formed a “producer organization” that will seek to reach the best...
Read moreThe performance of the agricultural sector can be increased by 30 percent
With the maximum utilization of the European Union and domestic resources, the performance of the agricultural sector can be increased by 30 percent. The performance of the agricultural sector last...
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