Market News
Bisnode: the proportion of bills paid on time minimally increased further in the first half of the year
Although the proportion of bills paid on time minimally increased further in the first half of the year in Hungary, although the average length of delay in payment has also...
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The retail sales of electronic goods decreased in Germany
The retail sales of consumer electronics declined in the first half of the year in Germany – accoring to the CEMIX index published on Monday. In the first half of...
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Kalashnikov opens a shop at Moscow’s Sheremetyevo airport
Kalashnikov is to open a souvenir shop at Moscow airport offering t-shirts, pens and model AK-47 assault weapons. The store is part of Kalashnikov's effort to move into the world...
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Facts about the Blueberry Princess cake!
This year, the Blueberry Princess cake has become Hungary’s Sugar-free Cake by winning the Hungary’s Sugar-free Cake competition. Calculated nutritional data: A slice of cake contains 228 kcal of energy,...
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Growing gap between livestock and vegetable product prices
In April 2016 agricultural production prices increased by 0.4 percent from the level of April 2015. This rise was driven by the price of vegetable products growing by 4.2 percent....
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Back to the future with Hungary’s economy
Világgazdaság organised a conference titled ‘Hungarian Economic Summit 2016’, where experts were trying to answer the question: What will be the world like in 10 years’ time? András Inotai, a...
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POS/POP solutions from a manufacturer’s perspective
POS tools can motivate shoppers for buying and at the same time they also increase consumer consciousness and generate buying impulses. The secondary displaying of products can boost sales and...
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What influences our eating habits?
NAK participates in the international project called EATMOT, which sets out to learn more about how consumers choose food products and what shapes their eating habits. The EATMOT (Psycho-social associated...
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KSH: net earnings increased by 7.3 percent in June
In June, the gross average wage was 5.7 percent higher than a year earlier, while the net average wage increased by 7.3 percent due to changes in personal income tax...
Read moreThe new government regulation on tobacco packaging entered into force
The new government regulation on tobacco packaging entered into force on Saturday. Under the government decree, the new tobacco products will be marketed in an unified package, while the brands...
Read moreSlovenia and Hungary may become partners at the high quality and GMO-free food market
Hungary is at the forefront of GMO-free food production, while Slovenia is strong in the production of high-quality agricultural and food products – Oláh Zsanett CEO of the Hungarian National...
Read moreThe advance payment of agricultural subsidies to begin in mid-October
Similarly to last year, the advance payment of agricultural subsidies may begin in mid-October this fall – Deputy Minister of State responsible for agriculture said at a conference on Friday....
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Charge brought against a criminal organization selling food
The authorities seized more than 250 tons of expired food – said the prosecutor's office spokeswoman told MTI on Friday. Gyugyi Csilla said that the criminal organization – including four...
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Inflation increased in the euro zone and in the EU in July
Inflation continued to rise in July in the euro zone and in the European Union – EU’s statistical office, the Eurostat reports. In July, annual inflation rose to 0.2 percent,...
Read moreRecord wheat crop in Romania
This year, 8.41 million tonnes of wheat was grown in Romania, which is the best harvest in the last ten years – Achim Irimescu Romanian agriculture minister said. According to...
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Counterfeit clothes were seized at the border crossing in Beregsurány
More than 3,200 pieces, 40 million HUF worth counterfeit garments were found by the finance guardians of the National Tax and Customs Office (NAV) in six vans, preparing to leave...
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Romanian walnut exported to Western Europe in Hungarian packaging
As a result of a joint project – a 29-member cluster – by the Hajdú-Bihar County Chamber of Commerce and Industry and Enterprise Europe Network (EEN), Romanian walnut is going...
Read moreOpten: the domestic food industry is stagnating
According to Opten, the Hungarian food industry is stagnating. According to the data, the growth in the sector has stopped both in terms of revenues and the number of employees...
Read moreFood surplus remained
The export of agricultural and food products reached 2 571 million euros, while the import reached 1 684 million euros in the first four months of 2016. The agricultural foreign...
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Apricot growers may close a successful season
The harvest of apricots is close to completion. Experts expect a good crop both in quantity and quality. The apricot-growing areas were not affected by the frosts at end of...
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Dairy Product Board: A slowdown in domestic raw milk prices
According to the press release of the Dairy Product Board, there is no doubt that the loss of domestic raw milk prices continued in July, but the rate of decline...
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Price forecast for autumn cereal seeds was published
The Seed Association Interprofessional Organization and Marketing Board this year also announced the indicative price for the seeds of the winter cereal crops (winter wheat, winter barley, triticale). The price...
Read moreHENT: third of young people bought counterfeit products in the past year
The Hungarian youth consider companies that are manufacturing original products as the biggest victims of counterfeiting. However the Hungarian young people care less about the economic and social impact of...
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The market wants traceable products
In the last 1-2 years demand for reliable product data increased in logistic processes. Regulation 1169/2011 of the European Union entered into force in December 2014. It regulates how consumers...
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Reliable or not
1 May is the date when the tax authorities start the first-quarter classification of tax payers. However, only those tax payers received electronic notification who were deemed reliable or risky...
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The Hungarian population is expanding its consumption
On the basis of the retail data, consumption is expanded in the last period, but the population is also trying to repay its previous debts, loans and willing to increase...
Read moreHungarian sweet corn is popular in Europe
Half a million tons of corn will be transported to the production plants this year. As it was said at Syngenta’s event in Hajdúszoboszló: a large part of the crops...
Read moreMandatory nutrition labeling is important due to the spread of health-conscious lifestyle
The healthy diet is increasing all in the world and in Hungary as well. People are more and more conscious for on food energy content, therefore the mandatory nutrition labeling...
Read moreGVI: SME sector’s business confidence index decreased in the second quarter
According to the data of the Hungarian Trade and Industry Board (MKIK) and Economics and Business Research Institute (IEER) July survey, the business climate index in the small and medium-sized...
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