Market News

The chairman of the Fiscal Council expects a two-three percent increase in the future

The GDP growth can be close to 3 percent this year, in the future 2-3 percent annual economic expansion can be expected – Kovács Árpád, chairman of the Fiscal Council...

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The Hungarian National Merchant House has 35 offices already

The Hungarian National Merchant House (MNKH), has offices in 35 countries, backed by the Central European network, which will have 22 members – Ducsai-Oláh Zsanett, CEO of the Hungarian National...

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Nébih: delivery of animals susceptible to bluetongue to be simplified

The National Food Chain Safety Office (Nébih) told MTI on Thursday that the delivery of animals susceptible to bluetongue diesase is authorized temporarily to disease-free or low-risk areas without previous...

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Nearly sixty percent of the light garlands are faulty

This year, 58.8 percent of the tested christmas light garlands did not meet the product safety requirements which is almost 30 percent less than last year's 87.5 percent – Vermes...

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Less food wasted

According to a survey conducted by The British Retail Consortium, while in 2013 British retail chains produced 200,000 tons of food waste, in 2014 they only generated 180,000 tons. Data...

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Magazine: Something natural, prepared quickly and simply

The price of frozen vegetables and fruits depends on vegetable and fruit prices, which are shaped by weather conditions. This year the summer was very hot and dry, therefore in...

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Nielsen: seven percent increase in the household chemicals and cosmetics retail

Compared to January-October 2014, the retail sales of household chemicals and cosmetics increased by 7 percent to 290 billion HUF in the first ten months of the year. In terms...

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The Kopint-Tárki expects a 2.9 percent growth for this year

The Kopint-Tárki modified its growth forecast for this year to 2.9 percent from the previously forecasted 3 percent. For next year, a slightly lower 2.4 percent of gross domestic product...

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The Romanian Parliament adopted the smoking ban

Smoking is completely banned in Romania at enclosed public areas, after the House of Representatives adopted a law on this issue on Tuesday. The bill was also voted by the...

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LeasePlan is an international market leader with its 1.5-million-vehicle fleet

LeasePlan’s Dutch parent company, LeasePlan Corporation announced that the size of its international fleet reached 1.5 million vehicles. This is a record number in the market that strengthens the company’s...

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GfK: households spend 20 percent more on fast moving consumer goods in December

An average household spent 74 thousand HUF on food and household chemical goods in December last year, which was 20 percent more than the monthly average of 61,500 HUF –...

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The agricultural ministry initiated the stricter monitoring of imported honeys into the 0EU

Hungary has Initiated the stricter monitoring and a more accurate indication of the origin of imported honeys into the European Union, at the Agriculture and Fisheries Council meeting in Brussels...

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In the future, the electronic cigarettes can be bought in the national tobacco stores

The National Assembly set the same rules on electronic cigarettes as traditional tobacco products on Tuesday. These products can only be purchased in the national tobacco stores in the future....

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Net: the proportion of smartphone users grew by 20 percent in the last two years

Compared to the 47 percent of 2013, 20 percent more people, 3.3 million people use smart phones, which is 67 percent of the Hungarian adult Internet users – according to...

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Mothers’ House opens with support from FMCG companies

SCA Hygiene Products Kft., Hungaropharma Zrt., SPAR Hungary, Rossmann Hungary and the Tork brand were among the sponsors of creating the Mothers’ House that opened on 19 November. A building...

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KSH: agricultural producer prices grew by 4.8 percent

Agricultural producer prices increased by 4.8 percent in October, compared to the same period last year. The increase is related to the 12.2 percent increase in the prices of crop...

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Cooperation agreement between the Savings Bank and the Dairy Product Board

The aim of the Cooperation Agreement between the Savings Bank and the Dairy Product Board to facilitate the achievement of the objectives set out in the Strategy for Agriculture and...

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The third of SMEs would finance their investments via EU tenders

In the new EU support cycle, the third of the small and medium enterprises (SMEs) would finance their investments from EU supports; the companies in the industrial-sector are the most...

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MNB: there are substantial differences at the banks’ Christmas credit costs

In addition to the credit interest rates, the mandatory related financial products, the additional services and late payments may result in significant additional costs at the small Christmas consumer loans...

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Hungary wants the chimney cake to be declared as a traditional specialty in the EU

It is expected that Hungary will submit the application in which Hungary wants the chimney cake to be declared as a traditional specialty in the European Union by the end...

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Peparations began for the construction works of the new IKEA store in Soroksár

Peparations for the construction works of the new IKEA store in Soroksár have begun, after the archaeological excavation of the area ended – the company informed MTI on Monday. According...

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OKSZ: the largest shopping fever may be between 12 to 20 December

Retail sales may grow by 5-6 percent in December, compared to a year ago, the turnover can reach a value of 940-950 billion HUF in December this year – the...

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Most of the online stores are well prepared

Most of the online stores are well prepared for the purchases, the ordering is simple, the payment is secure and shipping is easy to track, but in terms of the...

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The dangers of online shopping

In addition to traditional channels, more and more people use the Internet to purchase Christmas gifts, however, the online shopping security experts, draw attention to the dangers. The Hungarian Representation...

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Wines are tested with cellphone

The culture of wine consumption was popularized at the Corvinus University of Budapest at this year's Great University Wine Test event on Thursday. A new mobile applications was also presented...

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SuperStore 2015 logo already in use

2015 was the first year when Trade magazin and Trade Marketing Club organised the SuperStore competition for points of sale. Only brick and mortar store could enter the competition, but...

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Agricultural production declined prices increased

The gross added value of the agricultural sector in 2015 declined by 8.0 percent on the previous year's prices and remained unchanged at current prices. The 3.1 percent drop in...

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Milk Campaign: Reloaded

The marketing campaign of the dairy products started in the summer, under which the government intends to provide help to the domestic milk producers and processors. The Ministry of Agriculture,...

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The GKI raised its GDP forecast for next year

The GKI Gazdaságkutató Zrt. raised its DDP growth forecast for 2016 by 0.3 percentage points, from 2 to 2.3 percent, compared to its September forecast. Investments will decline by 5...

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