Market News

GVH’s eyes set on cartels

The Hungarian Competition Authority (GVH) organised a press conference to introduce Cartel Chat, an online service that can be used anonymously and safely to get in touch with GVH about...

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Food industrial applications from mid-February

The food industrial applications can be submitted from 15 February. The supports aim to facilitate improvements in an amount of 151 billion HUF – Kis Miklós Zsolt, Minister of State...

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Speculation and overproduction move the grain prices

Nearly 70 percent of world’s cereal production will be wheat and corn this year. Because of the previous high prices many people interested towards the grain section of the commodity...

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The Tokaj Trading House may become profitable

The four-year development plan of the Tokaj Trading House will be brought to the government in these days. On the basis of the plan, the company will be profitable by...

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Free mobile app shows the sugar content of meals and drinks

A new free app by Public Health England and National Health Service can track how much sugar a drink, food or dessert contains. They urge parents to use the new...

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Agricultural primary producer cards to be renewed

The agricultural primary producer cards will be renewed. Instead of the paper cards card-based ID cards will be introduced, the new system has been successfully launched – the president of...

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MNB study: external capital involvement is not popular among the Hungarian SMEs

The Hungarian and European small and medium-sized enterprises (SMEs) are reluctant to involve external capital and new joint owners, despite they obtain funds increasingly difficult, after due to the crisis...

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Hungarian chimney cake conquers Florida

The foreign newspapers wrote about an another Hungarian gastronomic venture; after the sconery in New York and San Francisco, the Hungarian chimney cake conquers Florida – hvg.hu wrote. Gulyás Anikó...

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KSH: employment indicators continued to improveme

In September-November 2015, the number of employees increased by an average of 118 thousand to 4 million 273 thousand. Compared to the previous year, it is a 2.8 percent increase...

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Milk shortage may occur in Texas

After recent storms, fifteen thousand cows have died, the others weren't able to be milked. A milk shortage is expected in Texas. Dairy farmers in West Texas were hit hard,...

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0.2 percent euro area inflation in December

Consumer prices in the Eurozone are expected to edge up 0.2 percent year-on-year in December of 2015, the same as in the previous month but below market expectations, preliminary estimates...

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Who buy online and how do they do it?

A survey by GKI and Árukereső reveals that the popularity of online shopping is growing in Hungary. By the end of the year the number of online buyers will exceed...

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Environmental protection product fee modified

Those who decide to manage waste themselves can pay the fee in a simpler way, vehicle manufacturers and distributors can play a flat rate and foreign companies that sell products...

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More confident consumers at our Balkan neighbours

Nielsen’s GrowthReporter follows FMCG sales trends every three months in 21 countries. Let’s see what the situation is at our neighbours in the Balkans. Romania: FMCG volume sales grew 6...

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Excellent results in online retail

The Hungarian e-commerce increased by twenty percent this year, compared to the previous year – tozsdeforum.hu quotes the compilation of Világgazdaság. Among the companies surveyed by Világgazdaság, the online sales...

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EU fruit and vegetable applications to come

In the next few months several EU fruit and vegetable applications to will be released that can increase the productivity of the agriculture sector further – Tresó István, Agricultural Development...

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The Hortobágy fish farm increased its production

The Hortobágyi Halgazdaság Zrt. increased its production and sales this year – the CEO of the company told MTI on Tuesday. Simon Károly told that this year about 1,500 tons...

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The season preparations may start earlier for the tobacco producers

The season preparations may start earlier this year for the tobacco producers, compared to last year mainly in the eastern Hungarian region – the president of the Hungarian Tobacco Farmers...

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US companies dominate the Top 100 rankings of Handelsblatt

US companies dominate the world's one hundred most valuable companies ranking list, compiled and published by the German financial newspaper Handelsblatt traditionally at the end of the year. In this...

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German GfK consumer sentiment index improved in January

The GfK economic research institute’s German consumer sentiment index for January increased compared to the previous month. According to GfK, the consumer sentiment index for January increased by 9.4 points...

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Constitutional protest was issued against the draft law restricting smoking in Romania

33 senators issued a constitutional protest against the draft law that would ban smoking in enclosed public areas in Romania – the Mediafax news agency published. Though earlier Klaus Iohannis...

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Association of Hungarian Brewers: new members

The Association of Hungarian Brewers modified its articles of association in the second half of October, so that small and medium-sized Hungarian breweries can also become members. Heineken, Borsodi and...

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Magazine: It started this year and continues next year

After 32 grants this year another 40 funding opportunities will be announced next year by the Prime Minister’s Office, within the framework of the HUF 1,300-billion new Rural Development Programme...

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The OKSZ expects an increase in retail sales this year

According to the data released so far it is clear that a retail trade closed a favorable year last year, and the upward trend will continue in 2016 as well...

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Horticulture closed an up and down year

Sour cherry rotting on the trees, less apples, new horticultural subsidies and the downsides of the public employment program characterized year 2015 for horticulture. The sector closed an up and...

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Sausages and champagne were the two most popular products during New Year's Eve

Sausages and champagne remained the two most popular products during New Year's Eve in Hungary –the supermarket chains informed MTI. In the stores of Tesco, a significant part of the...

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Nébih: quality champagnes on the domestic shelves comply with the regulations

The quality champagnes on the shelves of the domestic stores complied with the regulations – the National Food Chain Safety Office (Nébih) announced the results of its investigation. The professionals...

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Production prices in September: +1.2 percent

According to the Central Statistical Office (KSH), in September 2015 agricultural production prices increased by 1.2 percent from the level of September 2014. The price of vegetable products increased 8.5...

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Cooperation between NAK and the government

Minister of Interior Sándor Pintér and NAK president Balázs Győrffy signed a cooperation agreement in the domains of public employment and water resources management. The two parties will focus more...

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NGM: an additional 30-40 billion HUF EU support is expected by the end of this year

The Ministry of National Economy announced before that the evaluation of the first round ended in August. During the first round nearly 400 projects won by 57.7 billion HUF support....

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