Market News
Agricultural trade surplus was over three thousand million euros
Date: 2016-03-30 11:40:01
Horticulture is a strong, stable branch of the Hungarian agriculture. Horticulture gave about one-sixth of the annual agricultural output last year – Fazekas Sándor, Minister of Agriculture said at the...
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FM: the national economy can also produce a reduction in VAT for other food industries
Date: 2016-03-30 11:28:16
The Ministry of Agriculture (FM) hopes that the national economy will produce a reduction in VAT for the products of other food industries. Feldman Zsolt Minister of State of the...
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Further support for the grape growers
Date: 2016-03-30 11:25:45
The Agriculture and Rural Development Office awaits the support claims for vineyard restructuring and transformation from April. According to the 142/2012. (27 Dec) Ministry of Rural Development (VM) decree, support...
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The National Pálinka Council was transformed into a public body
Date: 2016-03-30 11:22:15
The National Pálinka Council (PNT) was transformed into a public body – the Minister of Agriculture announced at the inaugural meeting in Budapest on Wednesday. Fazekas Sándor reminded that the...
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Declining economic sentiment in Europe
Date: 2016-03-30 11:14:00
Economic sentiment declined in the euro zone and in the European Union in March for the third consecutive month. According to the report issued by the European Union’s Economic and...
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Romania is also struggling with the Chinese honey
Date: 2016-03-30 11:12:28
Honey falsification occurs in Romania at an industrial pace, so the local beekeepesr suffer serious loses, however, the health of consumers is at risk as well – the Magyar Nemzet...
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Strategic agreement was reached on raising up the countryside
Date: 2016-03-30 11:00:46
The Ministry of Human Resources (Emmi), the Agricultural and Rural Development Agency (MVH), and the National Association of Agricultural Economics (NAK) signed a strategic cooperation agreement to strengthen agriculture and...
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MLSZKSZ: strong logistics industry is the basis of the economic development
Date: 2016-03-30 11:00:02
The competitive and strong logistics industry is the basis of Hungarian economy’s development, without it there is no industrial development – the Association of the Hungarian Logistics Service Centers (MLSZKSZ)...
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Shops are closed on Sundays for a year now
Date: 2016-03-30 10:23:10
It was in March 2015 that the regulation, according to which stores must stay closed on Sundays, entered into force. Today the majority of shoppers would still like to go...
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Magazine: Demand keeps growing for dark chocolate
Date: 2016-03-30 08:15:37
The chocolate bar market is characterised by increased demand for branded products with a good price-value ratio, while the market share of private label products keeps shrinking. Korinna Kozma, marketing...
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Coffee prices are increasing on the Hungarian market
Date: 2016-03-29 11:50:38
The world market coffee prices are on the lowest levels of the past two years, due to favorable harvest prospects in Brazil, but due to the supply that is lagging...
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The pork campaign continues
Date: 2016-03-29 11:43:55
The promotion of the high-quality branded pork products continues after the Easter store tasting – Feldman Zsolt, Deputy Minister of State of the Ministry of Agriculture (FM) said on Tuesday...
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The production financing of the seal will be unified
Date: 2016-03-29 11:42:52
The government is considering amendments in the excise tax rules, in order to unify them, to reduce administration and to increase the efficiency of tax collection. The production cost of...
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The GKI sentiment index continued to decline in March
Date: 2016-03-29 11:42:14
The seasonally adjusted value of the GKI sentiment index continued to decline in March, after the fall in February. The business expectations have not changed, while the consumers’ expectations noticeably...
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Savings Bank: economic growth will slow this year, but will accelerate in 2017
Date: 2016-03-29 11:40:03
Economic growth will slow to 2.5 percent this year, however in 2017 it may accelerate to 3.1 percent – the analysts of the Savings Bank (Takarékbank) say. The bank's first...
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KSH: the number of employees continued to increase
Date: 2016-03-29 11:35:05
The average number of employees was 4.241 million in the period between December last year and February this year. It is 117 thousand more than in the previous year –...
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Fertilizers became much more expensive
Date: 2016-03-29 11:16:37
The fertilizer distributors sold 1.5 million tons of fertilizers directly to farmers in 2015. The sales volume was eight percent higher than a year before. The fertiliser prices have risen...
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The European Commission rewards the most inspiring businesses
Date: 2016-03-29 11:00:23
The European Commission rewards the most inspiring businesses again this year. The European Commission’s (EC) Award for the inspiring of European businesses will be organized in Hungary for the first...
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Magazine: Oat’s renaissance
Date: 2016-03-29 09:01:16
Thanks to an excellent sales performance from mueslis and muesli bars, cereal sales have increased by 8 percent recently. Klaudia Takács, associate marketing manager of Nestlé Hungária Kft. told our...
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POPAI Global Award has a Hungarian winner again!
Date: 2016-03-25 15:10:18
A.R.E | POPAI The New Association announced the 2016 Global Awards Winners at GlobalShop in Las Vegas on March 23, 2016. Each year, the POPAI Global Awards recognize excellence in...
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Call for Tenders for the Innovation Product Competition of Sirha Budapest
Date: 2016-03-25 12:37:47
For the second time, Hungexpo Zrt. and Trade magazine will be jointly hosting the Sirha Budapest international Innovation Product Competition. The goal of the competition is to use the exhibition...
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Heavy traffic is expected in the chain of stores
Date: 2016-03-25 11:55:09
The domestic retail chains expect a strong Easter traffic. The most popular products remain ham, eggs, chocolates, and alcoholic beverages; However, the consumers are increasingly turning to higher-quality products –...
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Trade Association: Easter brings 40-50 billion HUF additional revenues
Date: 2016-03-25 11:45:57
During the pre-Easter holiday shoppings retail sales jump with 40-50 billion HUF – the secretary general of the National Retail Federation told M1 news channel on Sunday. Vámos György described...
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The Marketing Board would facilitate the efficiency of the pig sector with integration
Date: 2016-03-25 11:22:08
The Livestock and Meat Interprofessional Organization and Marketing Board (VHT) would facilitate the efficiency and competitiveness of the pig sector with integration, in order to achieve the government's pork strategy....
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The Bull's Blood of Eger may be Hungarikum
Date: 2016-03-25 11:20:35
Nyitrai Zsolt (Fidesz), MP of Eger and region initiates to declare the Bull's Blood of Eger as a Hungarikum. The Ministerial Commissioner announced this on Thursday at a viticulturist board...
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Competition to select the Pálinka of Békés County
Date: 2016-03-25 11:12:10
Békés County ‘s local government is looking for the pálinka of the county again this year. The announcement of results will be at the 17th Gyulai Pálinka Festival – Zalai...
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Five new table grape varieties were bred at the University of Nyíregyháza
Date: 2016-03-25 11:10:27
Five new table grape varieties were given state-recognized variety ratings that were bred at the University of Nyíregyháza – the institution told MTI on Friday. The Adria, the Bíró kékje,...
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Finance guards seized one and a half tons of tobacco leaves in Révleányvár
Date: 2016-03-25 11:05:22
One and a half tons, about 15 million HUF worth dried tobacco leaves were seized by the finance guards of the National Tax and Customs Office (NAV). The dried tobacco...
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Partnership with BrandTrend results in Hungarian winners at World CSR Day
Date: 2016-03-25 10:07:37
BrandTrend opened new horizons for companies in Hungary that take CSR activities seriously. Those who cooperated with the brand consulting firm came home with awards from the World CSR Day...
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Bravos is 25 years old: From small manufacture to major player in the coffee market
Date: 2016-03-24 13:13:20
In the last 25 years Bravos went through many exciting changes. The Bravos story started in 1991 with roasted coffee packaging and distribution. At the end of the 1990s the...
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