Market News

Grocery retail in top form

In the December 2014-May 2015 period grocery retail sales amounted to HUF 750 billion in the 90 categories audited by Nielsen. In value sales were 4 percent higher than in...

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Nobilis: premises development in Mátészalka

Mostly from EU and state funding Mátészalka company Nobilis Zrt. realised a HUF 141-million premises development project. The company specialises in producing and selling dried fruits and nuts. The project...

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Magazine: Documents, seals

It is the task of Dr Ádám Ruszinkó, deputy secretary of state responsible for the tourism sector, to survey how the administrative burden on Horeca businesses can be reduced. The...

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Hungary urges to support the dairy farmers in the EU

In order to help the dairy farmers Hungary will initiate to increase the direct support advances at the Ministerial Summit to be held in Brussels on Monday – the Ministry...

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MVH: 500-600 billion HUF flows into animal breeding

The government defined goals for the coming years that will make Hungary’s agriculture more competitive and more sustainable until 2020. By 2020, 500-600 billion HUF will flow into animal breeding...

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About 2.8 million hectoliters of new wine will be made this year

This year, 10 percent more than last year, about 2.8 million hectoliters of new wine will be made in the cellars – the president of the National Council of Wine...

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An increase in the Euro Zone’s and the EU’s retail sales in July

The volume of retail sales increased in the Euro Zone and in the European Union in July. The EU's statistical office (Eurostat) on Thursday reported that according to the seasonally...

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NBH: nearly 950 billion HUF worth contract in the second phase of the NHP

The participating banks in the second phase of the Central Bank's loan growth Programme (NHP) submitted data to the Hungarian National Bank (MNB) about services worth 947.2 billion HUF, of...

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The high-tech firms place the production close to the consumers

The European high technology (hi-tech) companies place the manufacturing base closer to their users from the growth in demand is increasingly put into – according to a global survey conducted...

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New-generation canned food packaging from Tetra Pak

Tetra Pak inaugurated its improved and expanded packaging material factory in Budaörs. The HUF 14-billion development project started back in 2012. In the modernised production facility the company can manufacture...

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Cereal crop processing investment project in Tiszapüspöki

A new greenfield investment in Tiszapüspöki: Tisza-TK Projekt Kft. is going to build a cereal crop processing plant. The project’s budget will be HUF 45 billion, with HUF 9.2-billion coming...

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Magazine: Competitiveness for dinner

At end of May Trade magazine and Chain Bridge Club organised their traditional Business Dinner. The topic was competitiveness and the guests were Ferenc Dávid, general secretary of the National...

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Nielsen: food retail increased both in value and volume

The turnover in the food retail trade achieved more than 1,000 billion HUF between December 2014, and July 2015 in the ninety product categories measured by Nielsen; 4 percent more...

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FM: agriculture's second quarter weakness is due to individual effects

According to the Ministry of Agriculture, behind the second quarter’s weak agricultural performance individual effects can be found. The long-term prospects for the industry remain favorable. The Ministry of Agriculture...

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Hungarian white wines are preferred more than reds abroad

This year, Due to tightened controls on wine a change is apparent in the structure of the Hungarian wine traffic. Hungary’s wine import in the January-May 2015 period dropped by...

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Analysts: faster-than-expected increase in retail trade

Retail sales increased faster-than-expected in July, according to analysts polled by MTI, who commented on the data released on Thursday by the Central Statistical Office (KSH). According to the first...

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Romania: a two step VAT reduction in next two years

After the Senate, the Romanian Parliament also voted for the next year’s new tax bill on Thursday. According to the new bill, the Value Added Tax (VAT) will be reduced...

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The chocolate pralines withdrawn from circulation can cause severe allergic reactions

The National Food Chain Safety Office (NÉBIH) told MTI on Friday that an alert arrived on September 3 on Thursday night through the European Union’s the Rapid Alert System for...

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Jam factory in Környe

Környe will be the home of a new jam factory, where only flavouring- and preservative-free jam will be produced. A 300m² plant and a 500m² cold storage facility will be...

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Biomass-processing plant inaugurated in Kaba

At the Kaba premises of Evonik Agroferm Zrt. a new HUF 1.5-billion biomass-processing plant started working. 51.3 percent of the budget was the company’s own financial resources and the rest...

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Start of the 2015 school year

According to the National Retail Federation (NRF) of the USA, families are expected to spend USD 68 billion in the back-to-school season, from which USD 98 million will go to...

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Magazine: Promotion of the year 2014 – Gold medalists and special award winners

With help from Nielsen, Trade Marketing Club and POPAI Hungary, Trade magazine organised the ‘Promotion of the year’ competition for the 7th time. The award ceremony was a special day...

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KSH: retail sales were mainly stimulated by food consumption

The volume of retail sales rose by 7.0 percent in July – according to both the raw data and the calendar effect adjusted data, compared to the same period of...

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Fruits have become more expensive in Europe despite the Russian embargo

Much less, but better quality peaches have grown this year. The FruitVeB estimates that the volume of production can reach 42 to 45 thousand tonnes. The Hungarian apricot prices are...

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Downward trend: we consume less and less milk

We know that milk is our basic food product. The consumption of milk and dairy products is important in terms of the development of the organization, the calcium is the...

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Romanian retail sales increased by nearly 8 percent

The volume of the Romanian retail sales increased by 7.9 percent in July compared to the previous month – the Romanian national statistical institute announced on Thursday. Compared to July...

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E-money in the cash register

More than a thousand, NAV-approved cash registers can now be used to accept payment in e-money. Barion’s e-payment solution is featured in 1,200 large and 100 small cash registers manufactured...

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7.2-percent increase in retail turnover

In June 2015 retail turnover is estimated to have increased by 7.2 percent (in volume) from the same period of 2014. Adjusted for calendar effects, sales were up 6.2 percent....

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Magazine: Personalised shopping

Retailers are trying to increase sales efficiency by personalising the shopping experience. Consumers are more and more open to being contacted online, but for the time being this translates into...

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Large pepper test

We think it is good, but it is not – in fact the majority of the ground red pepper available in stores sold as hungaricums – a warns the Hungarian...

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