Market News
Magazine: A long, hot summer…
…and profitable as well, as based on data from Trafik.hu partners we think that tobacco shops realised higher sales than in the summer months of 2014. In the first half...
Read moreThe winemakers are satisfied with 2015
In spite of the summer heat wave, a good vintage took place this year in Hungary. For further steps brand building is necessary – the vg.hu wrote. “2015 will be...
Read moreThe distilleries produced the one-fifth of last year's volume
The country's distilleries produced the one-fifth of last year's volume, only two million liters, after the EU eliminated the tax exemption on cooking earlier this year – index.hu wrote after...
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The Hungarian chestnut trees could be saved within a public work programme
October started with a professional meeting in Nagymaros. The main objective of the professional meeting was the preservation and restoration of the chestnut gardens in the Carpathian Basin. The sponsor,...
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The EU funds affect the SME investments
The significant number of the domestic SMEs would implement their investment plans if the EU funds would be available within a short period of time. However, under the current proposals,...
Read moreHENT: Two-third of the Hungarians would punish counterfeiters more severely
According to nearly two-third of the Hungarian population, the distribution of any counterfeit products is a crime. The two-third of the Hungarians would punish those who counterfeit sports goods, medicine,...
Read moreThe CIB this year expects a 2.8 percent growth and a 0.2 percent inflation
The analysts of CIB Bank expect an economic growth of 2.8 percent this year, and a 0.2 percent average annual inflation – Trippon Mariann, the bank's chief analyst said at...
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Myths about cholesterol
Hungary’s Comprehensive Health Screening Programme carried out nearly one hundred thousand free cholesterol measurements between 2010-2014 across the country: cholesterol levels above the limit were measured at 39 percent of...
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Pioneering results in the European eel reproduction
European eel larvaes were artificially aroused to life by the staff of the Szent István University Department of Fish in Gödöllő. The researchers used female fish from Lake Balaton as...
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Hungary’s FMCG retail is in the top three
Retail sales grew above the European average in the second quarter of the year in Hungary: value sales rose 3.9 percent and volume sales improved by 1.2 percent. Our value...
Read moreSmall shops’ bigger market share
In the first half of 2015 fabric softener retail sales were worth more than HUF 8 billion. This makes the category the 4th biggest from the 70 household chemicals and...
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Sales remained concentrated
Laundry detergents were sold for HUF 19 billion in the first six months of the year. Like-for-like value sales rose 7 percent but volume sales decreased by 4 percent. Sales...
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Magazine: Our five neighbours
Ukraine: in the December 2014-April 2015 period FMCG retail sales soared by 16 percent. Prices elevated by 28.6 percent, so in terms of volume sales dropped by 12.6 percent. In...
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The NAV assumes the preparation of income tax returns
The government amends the law on taxation. You do not have to prepare income tax returns from 2017 and those who do not avail of benefits do not have to...
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The ÉFOSZ and the Association of Confectionery Manufacturers proposed a partnership
A paradigm shift is needed in public health – was said at the professional conference of the National Institute for Health Development (NEFI). Although in the last five years, several...
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Four new products among the Hungaricums
The list of Hungaricums was expanded with four Hungarian products, the paired sausage from Debrecen, the spritzer, the Bajai fish soup and the chamomile inflorescence from the Plains – was...
Read moreBisnode: less Hungarian companies were terminated
The ratio of winding up and liquidation processes against the Hungarian companies steadily declined in the first nine months of 2015, while the proportion of the bankrupted Hungarian enterprises also...
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Export Expressz: a complex professional program will bring new impetus to the exports of the domestic SMEs
The Hungarian National Trading House (MNKH) launches a professional program called Export Expressz based on three pillars to expand the export activities of the domestic small and medium-sized enterprises (SMEs)....
Read moreInvestigation against a cigarette smuggling crime organization
The NAV is implementing an investigation against a criminal organization. The charge is money laundering and receiving stolen goods. The suspects were arrested within a nationwide action of the National...
Read moreThe beer market increased by nearly 4 percent in Romania
In the first half of the year, the beer market increased by 3.8 percent in Romania, compared to the same period of last year – the Romanian Brewers Association announced...
Read moreBuilders of Stonehenge really loved pork
The builders of Stonehenge's builders were big fans of meat. Chemical analysis of the several hundred pot fragments discovered indicate the containers were used for preparing and cooking meat such...
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Positive trends in grocery retail
FMCG retail sales amounted to more than HUF 1,000 billion in December 2014-July 2015. Values sales increased by 4 percent and volume sales grew by 3 percent. The 7-percent sales...
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Household chemicals and cosmetics: lower sales concentration
In the first half of 2015 value sales of household chemicals and cosmetics grew 6 percent to HUF 170 billion, while volume sales stayed put. Stores with a floor space...
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Hungary’s credit rating getting better
According to a forecast by GKI Economic Research Zrt., after the 3.6-percent growth in 2014 and the 3.5-percent expansion in Q1 2015, this year a 2.7-percent economic growth will be...
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Magazine: A drop in our agri-food export to Russia
Hungary’s agri-food export to Russia decreased by 14 percent in 2014, from EUR 267 million to 230 million in value. In part this was caused by the crisis in the...
Read moreThe amount of the food chain supervision fee may decrease
No compromise has been born with Brussels about the degree of the food chain supervision fee, but the new public duty is expected to be lower than the previous –...
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KSH: agricultural producer prices decreased by 3.8 percent in August
Agricultural producer prices fell by 3.8 percent in August, compared to the same period of the previous year. The price of crop products increased by 0.9 percent, while the price...
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The Ministry of Agriculture (FM) would tighten the rules on the marketing of potatoes
The Ministry of Agriculture (FM) would tighten the rules on the marketing of potatoes – the agrarszektor.hu wrote. The goal is to provide only appropriate quality, sorted potatoes to the...
Read moreThe sale of state lands has begun
The Ministry of Agriculture told MTI that the sale of a portion of the state lands has begun on Tuesday with the announcing of the lands, less than 3 hectares....
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