Market News
Climate change: the science will rescue the wine-growing regions
Date: 2016-02-08 11:35:16
Without Merlot, the Bordeaux wine region would be like Tokaj without Furmint. How the world's best-known wine regions will adapt to the impacts of the climate change without losing their...
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Three hundred tons of carp is deployed into the Lake Balaton each year
Date: 2016-02-08 11:07:07
The Balaton Fish Management Company begins the spring fish domiciliations into the Lake Balaton. Now 60 tons of carps are leaking into the lake. Every year 300 tons of carp...
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Mobile devices used more frequently in job seeking
Date: 2016-02-08 10:46:48
According to the 2015 Adecco Work Trend Study, conducted with the participation of 4,100 employers and 31,000 job seekers in 26 countries, in job seeking the use of company websites...
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Informatics development is necessary
Date: 2016-02-08 10:02:36
Parcel vending machine use can only become more frequent if online shops improve their IT systems: the machines can only hold relatively small parcels but online shops sell big objects...
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The fish may be cheaper as well
Date: 2016-02-05 11:59:16
According to the operators of the sectors, the VAT should be reduced not only on pork, but also on dairy products and fish. Lévai Ferenc former president of the National...
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Hungarian premium beef is already available in the Chinese shops
Date: 2016-02-05 11:45:01
The sales of the Hungarian premium quality beef has begun in Shanghai and the surrounding area, in ten stores of the Chinese Greenland Group supermarket chain on 1 February –...
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Fazekas Sándor: the decline in the pig population has stopped
Date: 2016-02-05 11:31:51
The decline in the pig population has stopped in Hungary in the past few years, now the pig population is around 3.2 million again – the Minister of Agriculture said...
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The EC expects 2.1 percent growth in Hungary this year and 2.5 percent next year
Date: 2016-02-05 11:20:16
This year the European Commission (EC) expects 2.1 percent economic growth in Hungary and 2.5 percent for the next year. The European Commission (EC) published its winter economic forecast in...
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We produce nearly 2 million tonnes of food surplus each year
Date: 2016-02-05 11:19:47
In Hungary, we throw away nearly 2 million tonnes of food each year. The Food Bank aims to save the food surplus and deliver it to people in need. The...
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IKEA increased its sales in Hungary by nearly 15 percent
Date: 2016-02-05 11:05:50
Compared to the previous fiscal year, the IKEA increased its sales revenues in Hungary by 14.6 percent to 47.01 billion HUF in 2015 – Marek Feltl, leader of the company...
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Italian cigarette smuggler was caught
Date: 2016-02-05 11:02:50
An Italian man tried to smuggle over 14 million forints worth cigarettes from Hungary, but was caught by finance guards at the Hungarian-Croatian border crossing at Letenye. Joó Hilda, press...
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Leasing companies to join the financing scheme
Date: 2016-02-05 10:53:05
Leasing companies can also join the agri-business financing programme in the EU budgetary period that lasts until 2020. Until 2020 there will be an annual budget of HUF 628 billion...
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NGM: retail sales growth of around 5 percent is sustainable
Date: 2016-02-04 11:55:11
Hungarian retail closed an exceptionally good year in 2015. Such an increase has not seen for more than 10 years – Lenner Áron Márk, Deputy Ministerof State of the National...
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The fruit and vegetable sector is waiting for the VAT reduction
Date: 2016-02-04 11:50:20
Many market players think that about 60 billion HUF falls out of the budget annually because of VAT frauds – Magyar Nemzet Online wrote. The Vice President of the interbranch...
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Czerván: the Russian embargo re- organized the markets
Date: 2016-02-04 11:45:57
The Russian embargo on food re- organized the markets. The European exports to Asian countries moved towards Japan, China, Hong Kong and South Korea – Czerván György, Minister of State...
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Retail sales grew rapidly last year in the Czech Republic
Date: 2016-02-04 11:07:56
Last year, retail sales rose by 5.9 percent in the Czech Republic. Sales growth was so high as in 2008 – the Czech Statistical Office announced on Thursday in Prague....
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Increase in air freight and passenger traffic in 2015
Date: 2016-02-04 11:05:19
The International Air Transport Association (IATA) announced global passenger traffic results for 2015 showing demand (revenue passenger kilometers or RPKs) rose 6.5 percent for the full year compared to 2014....
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VHT takes steps to raise meat consumption
Date: 2016-02-04 10:45:24
The Livestock and Meat Interprofessional Organisation and Marketing Board’s (VHT) objective is to increase per capita pork consumption by 5kg by 2020. Conditions are given as due to the Russian...
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AKG calculator
Date: 2016-02-04 10:01:28
The environmental management for agriculture (AKG) calculator is already working on the NAK website. As part of the Rural Development Programme (VP), farmers could apply for AKG funding between 7...
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Food safety guaranteed
Date: 2016-02-04 09:40:29
There were almost 400 participants at the IFS Food Safety Conference in Budapest at the Corvinus University on 5 November. Before the speakers took the floor IFS business development consultant...
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KSH: retail sales rose by 5.5 percent in 2015
Date: 2016-02-03 11:59:56
Together with the 5.0 percent increase in December 2015, the annual retail trade turnover growth was 5.5 percent higher than in the previous year, when it was 5.2 percent. The...
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Nébih and the Dairy Product Council signed a cooperation agreement
Date: 2016-02-03 11:50:59
In order to protect the high-quality Hungarian dairy products, the National Food Chain Safety Office (Nébih) and the Milk Interprofessional Organization and Marketing Board signed a long-term cooperation agreement –...
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Cellars may overflow
Date: 2016-02-03 11:40:40
According to the International Organisation of Vine and Wine (OIV), the world's wine production was about 275.7 million hectoliters in 2015. World wine production increased by two percent in 2015,...
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The gap is closing between the US and European prices
Date: 2016-02-03 11:35:38
The futures price of corn gets closer and closer on commodity exchanges in the US and Europe in January. The decline lasting for months has continued in Europe and in...
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Public Workers into the trade!
Date: 2016-02-03 11:32:33
The National Economy Ministry launched its Public Workers into the Private Sector program on 1 February. According to the plans 20-25 thousand public workers will switch to the primary labor...
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Hungarian seed market trends
Date: 2016-02-03 11:25:15
The price of the seeds of the spring cereal crops is a net 97 thousand HUF per tonne price – the Seed Association Interprofessional Organization and Marketing Board published for...
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Romanian retail sales grew by 8.9 percent last year
Date: 2016-02-03 11:11:44
Romanian retail sales volume grew by 8.9 percent last year , compared to the previous year – the Romanian national statistical institute announced on Wednesday. The increase is mainly due...
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Stress resistant stock markets
Date: 2016-02-03 10:15:19
After the 13 November terror attack in Paris many analysts say stock markets may fall sharply should the attacks continue. Due to the constant threat people might stay at home...
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GKI: Deceleration continues in 2016
Date: 2016-02-03 09:57:57
After a number of weak years, the development of the Hungarian economy in 2014 was the second fastest in the EU. GDP growth was above-average in 2015 as well; however,...
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In the European top three once again
Date: 2016-02-03 09:50:50
Like-for-like FMCG value sales improved by 5.8 percent in Q3 2015 in Hungary. This performance was the third best in Europe, behind Turkey’s 12.4 percent and Austria’s 5.9 percent. According...
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