Market News

Cigarette smuggler crashed

A cigarette smuggler crashed after a chase near Apagy with a twenty-seven million HUF worth cigarette shipment. Magyar Norbert, press officer of the Nationmal Tax and Customs Authority’s Szabolcs-Szatmár-Bereg county...

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NAK: the new site of the chamber will be available soon

The National Agricultural Chamber’s (NAK) new customer-friendly website serving all needs will be available within weeks – the NAK told MTI on Tuesday. According to the Communication, the site is...

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The reduced VAT would be beneficial to other sectors

The price of pork spectacularly declined in recent weeks, in addition that live pig prices also fell, the VAT reduction came into force on 1 January seems to be successfull....

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Hungary offset the Russian embargo with new markets

Hungary successfully offset the Russian embargo on the Hungarian agricultural and food products by exploring new markets – Budai Gyula, Ministerial Commissioner of the Ministry of Foreign Trade and Foreign...

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A decrease in the Hungarian banana exports, domestic demand increased

Consumers prefer bananas after apples in Hungary. According to the data of the Central Statistical Office (KSH) Hungary’s banana imports has increased by 32 percent to 56.3 thousand tonnes between...

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Nébih: the amount of food seized in the markets decreased

The amount of food seized at wholesale markets dropped significantly in recent years – Helik Ferenc, leader of the Board of Directors of the National Food Chain Safety Office (Nébih)...

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MVH: the versatile use of EU funds for rural development

Local governments, nonprofit organizations and even churches are eligible to apply for EU rural development funds in a wide variety of sectors such as the food industry, irrigation development and...

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Pig farm managers are trained at the University of Debrecen

Two years after the start of the shepherd training, the four-week training for pig farm managers has begun on Monday at the University of Debrecen (DE) – the organizers told...

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The purchasing managers' index is over 50 points again

After a month of decline the seasonally adjusted value of the purchasing managers' index (PMI) increased to 53.0 points in January from the 49.9 points of December – the Hungarian...

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The WHO would give adult rating to films that showing smoking

Films that show smoking should be given an adult rating to protect children from the 'last frontier' of tobacco advertising, world health chiefs have urged. The World Health Organisation has...

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Air freshener and dehumidifier season

When the winter comes and we close the windows, air fresheners and dehumidifiers start working more. Air freshener sales are growing by two-digit numbers. Not only aerosol products but also...

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Magazine: Marketing: the next generation

This year one of the speakers at the two-day BrandFestival was Thomas Gad, one of the most famous brand strategists and advisors in the world. Mr Gad, an advisor to...

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GKI: the fuel price change has no significant impact on food prices

The change in fuel prices has no significant impact on food prices, because its development is affected mainly by completely different processes. It is affected primarily by the price increase...

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Hungarian wines are promoted in China

According to the winner of the 25 thousand euros tender announced for the promotion of Hungarian wines in China, the support of the Ministry of Agriculture is essential to promote...

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Tightenings due to fake primary producers

Those market players who act like primary producers are selling products without a bill. Such and similar abuses have led to a tightening of the rules, which allow the inspectors...

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The Food Avalanche Program awaits the applications of active communities

The Food Avalanche Program of the Hungarian Food Bank Association and the Syngenta Food Programme expects the applications of local governments, educational institutions and non-governmental organizations until 18 February. The...

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The Nébih destroyed four tonnes of goods at the wholesale market

About four tons of vegetables and fruits, especially oranges were destroyed in the wholesale market of Budapest, where the National Food Chain Safety Office (Nébih) and the National Tax and...

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German beer consumption on its quarter-century low

Last year, 79.5 million hectoliters of beer was sold in Germany, this is the lowest datain the last twenty-five years – index wrote after the Thelocal.de. Since 1991, when data...

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Four million HUF worth tobacco was seized in Oroszlány

The police found 160 kilograms of unknown origin cut tobacco in a car of two local men on Thursday in a value of more than four million HUF. According to...

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Retail sales grew in Germany in December

In December, German retail sales rose, compared to the previous year, while last year’s data was the highest annual growth of the past more than twenty years – the German...

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Magazine: I would like to be András Stohl

A few days ago my book, Krizsó, 10 Confidential Conversations came out and in one of the conversations actor Andás Stohl revealed that there had been a period in his...

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FM: the output of agriculture increased last year

The output of the Hungarian agriculture is around 2400-2500 billion HUF each year. Last year's initial estimate of 2,457 billion HUF is exceeding the previous year’s level by 0.4 percent...

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The price swing of lemon

We might think that lemon prices are relatively balanced among the tropical fruits, but during the year, it may vary with even fifty percent in value. Last year, the average...

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PayPal extends redelivery refund

PayPal will extend its Refunded Returns service until the end of the year in the Central and Eastern European countries including Hungary. As a result, the full cost of the...

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Economic sentiment improved in Hungary and deteriorated in the EU in January

The economic sentiment index of the eurozone and the European Union deteriorated in January, while improved in Hungary and in the Central and Eastern European countries – it the European...

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The number of employees has increased

The number of employees amounted to 4 million 259 thousand in the fourth quarter of 2015, 118 thousand and 2.8 percent more than in the same period of the previous...

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Garantiqa: 41 percent of micro companies, 57 percent of small business would apply for EU funds

41 percent of the micro-enterprises and 57 percent of the small businesses would apply for EU funds, in the current EU budgetary cycle – according to Garantiqa’s a survey taken...

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Record sales of smartphones in the world market last year

More than 1.4 billion smartphones were shipped worldwide in 2015, which is a new record for the the sector with Chinese handset makers racking up the biggest gains, an industry...

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Pécs: the General Assembly voted to purchase the necessary land to build a new market hall

At its Thursday session, the General Assembly of Pécs voted for the submissions for the land acquisition of the new market hall in Pécs. To buy the about 14 thousand...

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Sales concentration

Between December 2014 and July 2015 praline sales exceeded HUF 14 billion, growing by 3 percent from the base period; volume sales stayed put. From confectionery sales pralines’ is the...

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