Market News

Innovation gives momentum to chilled dairy snacks

Chilled milk pudding was one of the most dynamically developing categories in 2014. Eszter Varga, trade marketing and category manager of Dr. Oetker Hungary told our magazine that the category...

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Bless you!

People are most likely to catch a cold in the October-April period – this is the high season for OTC cough and cold remedies. Judit Török, sales director of Naturprodukt...

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FAO: facts of the world food situation

The Agricultural Outlook, 2015-2024, is a collaborative effort of the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. It brings...

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There is a demand for processed food products in Hungary

There is a demand for processed food products in Hungary as well as abroad – Kis Miklós Zsolt Minister of State of the Prime Minister's Office told M1 news channel....

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Bread regulation to come

The government would regulate what can be sold in the stores as bread – the index wrote. The tightening of rules included in the Food Guide directly affects everyone, because...

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How much pork prices will decline?

Due to the VAT reduction, the retail price of pork dropped by 17 percent from 27 to 5 percent from January 1. The trade association predicts that an annual 25...

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MNB: the SMEs were given more than two thousand billion HUF in the loan growth program

In the first and second stages of the loan growth program (NHP) a total of 31 thousand enterprises were given advanced financing in a value of more than 2,126 billion...

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The public employees can find jobs in the commercial sector the most easily

The trade is the area of the competitive sector, where the public employees can position themselves the most easily – the Minister of State of the Ministry of National Economy...

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Ipsos: Hungarians assessed last year positive

Hungarians assessed their personal lives, the events of their immediate environment mainly positively in 2015. However they classify the events occured in the country mainly negatively – according to the...

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Kavosz: the loan amount Széchenyi Cards was increased to 50 million HUF

The loan amount in the Széchenyi Card Program was increased to 50 million HUF from the former 25 million HUF – Krisán László, . Chief Executive Officer of the Kavosz...

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Government amends tax legislation

One of the most important changes is that in its new form the law differentiates between reliable and risky tax payers. Those companies which qualify as reliable get a VAT...

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Single-rate food chain supervision fee returns

The Hungarian parliament has amended the legislation on the food chain supervision fee: in the future even those companies will have to pay 0.1 percent of their sales revenue which...

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GVH’s eyes set on cartels

The Hungarian Competition Authority (GVH) organised a press conference to introduce Cartel Chat, an online service that can be used anonymously and safely to get in touch with GVH about...

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Food industrial applications from mid-February

The food industrial applications can be submitted from 15 February. The supports aim to facilitate improvements in an amount of 151 billion HUF – Kis Miklós Zsolt, Minister of State...

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Speculation and overproduction move the grain prices

Nearly 70 percent of world’s cereal production will be wheat and corn this year. Because of the previous high prices many people interested towards the grain section of the commodity...

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The Tokaj Trading House may become profitable

The four-year development plan of the Tokaj Trading House will be brought to the government in these days. On the basis of the plan, the company will be profitable by...

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Free mobile app shows the sugar content of meals and drinks

A new free app by Public Health England and National Health Service can track how much sugar a drink, food or dessert contains. They urge parents to use the new...

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Agricultural primary producer cards to be renewed

The agricultural primary producer cards will be renewed. Instead of the paper cards card-based ID cards will be introduced, the new system has been successfully launched – the president of...

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MNB study: external capital involvement is not popular among the Hungarian SMEs

The Hungarian and European small and medium-sized enterprises (SMEs) are reluctant to involve external capital and new joint owners, despite they obtain funds increasingly difficult, after due to the crisis...

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Hungarian chimney cake conquers Florida

The foreign newspapers wrote about an another Hungarian gastronomic venture; after the sconery in New York and San Francisco, the Hungarian chimney cake conquers Florida – hvg.hu wrote. Gulyás Anikó...

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KSH: employment indicators continued to improveme

In September-November 2015, the number of employees increased by an average of 118 thousand to 4 million 273 thousand. Compared to the previous year, it is a 2.8 percent increase...

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Milk shortage may occur in Texas

After recent storms, fifteen thousand cows have died, the others weren't able to be milked. A milk shortage is expected in Texas. Dairy farmers in West Texas were hit hard,...

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0.2 percent euro area inflation in December

Consumer prices in the Eurozone are expected to edge up 0.2 percent year-on-year in December of 2015, the same as in the previous month but below market expectations, preliminary estimates...

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Who buy online and how do they do it?

A survey by GKI and Árukereső reveals that the popularity of online shopping is growing in Hungary. By the end of the year the number of online buyers will exceed...

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Environmental protection product fee modified

Those who decide to manage waste themselves can pay the fee in a simpler way, vehicle manufacturers and distributors can play a flat rate and foreign companies that sell products...

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More confident consumers at our Balkan neighbours

Nielsen’s GrowthReporter follows FMCG sales trends every three months in 21 countries. Let’s see what the situation is at our neighbours in the Balkans. Romania: FMCG volume sales grew 6...

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Excellent results in online retail

The Hungarian e-commerce increased by twenty percent this year, compared to the previous year – tozsdeforum.hu quotes the compilation of Világgazdaság. Among the companies surveyed by Világgazdaság, the online sales...

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EU fruit and vegetable applications to come

In the next few months several EU fruit and vegetable applications to will be released that can increase the productivity of the agriculture sector further – Tresó István, Agricultural Development...

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The Hortobágy fish farm increased its production

The Hortobágyi Halgazdaság Zrt. increased its production and sales this year – the CEO of the company told MTI on Tuesday. Simon Károly told that this year about 1,500 tons...

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The season preparations may start earlier for the tobacco producers

The season preparations may start earlier this year for the tobacco producers, compared to last year mainly in the eastern Hungarian region – the president of the Hungarian Tobacco Farmers...

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