Market News
Magazine: Dairy sector plans to introduce a standardised system
At the last Agriculture Club meeting, organisers K&H Group and Agrár Európa Kft. urged important actors of the diary sector to develop a standardised system for calculating production costs, which...
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Shops may be open on Sundays in the next four weeks
The stores can remain open on the four Advent Sundays, on 29 November and 6, 13, and 20 December. The parliament voted the introduction of the Sunday rest day on...
Read moreFazekas Sándor: twofold increase in domestic consumption of honey
Thanks to the Honey Breakfast campaign launched last year, the domestic consumption of honey more than doubled in the past years in Hungary. In 2010, 30 decagrammes were measured per...
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KSH: earnings increased by over 5 percent in September
The average gross earnings increased by 5.1 percent in the national economy in September. Without calculating the wages of the public workers, the growth was 5.3 percent compared to the...
Read moreHigher-than-expected wheat output in the European Union
French market analyst Tallage calculates with 147.5 million tons of wheat at EU level. In the second half of September the production price of milling quality wheat was HUF 48,900/ton...
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What do the Hungarian families think about waste avoidance?
Unilever conducted a survey of the way of life of the Hungarian families, and compiled the list of favorite waste-prevention tips. The company examined how the Hungarian families are trying...
Read moreThe cultivation of Hungarian vegetable gardens is extending more and more dynamically
The cultivation of Hungarian vegetable gardens is a dynamically spreading movement. Within three years, the number of vegetable gardens competing at the most beautiful vegetable gardens competition increased to 230...
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Consumer prices down 0.4 percent in September
Compared with September 2014, consumer prices decreased by 0.4 percent in September 2015. Grocery prices elevated 0.8 percent. Seasonal product prices augmented: potato, fresh vegetables and fruits cost 16.3 percent...
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40 companies have joined to the action for Sustainable Development the Action 2020 program already
In Hungary, 40 CEOs signed the Action 2020 program developed by the Hungarian Business Council Public Association for Sustainable Development (BCSDH). The 2020 Action program, summarizes the tasks for sustainable...
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Economy slowing down in 2015-2016
By the end of summer Hungary’s economy slowed down a little and risks started to grow. After last year’s 3.6-percent GDP growth this year will bring plus 2.7 percent; GDP...
Read moreForeigners are founding less companies Hungary
The number of the formation of foreign-owned, offshore companies decreased by a quarter in the past six years. The majority of the foreign companies registered in Hungary have Ukrainian owners...
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One can apply to 400 million HUF from the previous allocation of the fishery program
Those who deal with freshwater aquaculture in Hungary can apply to 400 million HUF from the previous allocation of the fishery programme. Kis Miklós Zsolt, Minister of State for Agriculture...
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The IMF would strengthen the role of consumption type taxes
It is important that the center of fiscal policy would be turned into consumption type taxes from income taxes, because, among other factors, this will help the long-term growth of...
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Unverified vegetables and fruits were seized by the Nébih in Nyíregyháza
Food chain security specialists checked a fruit and vegetable merchant checked in Nyíregyháza, Szabolcs-Szatmár-Bereg county. At the roadside selling place a total of about 10 tons of potatoes, onions and...
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Optimistic Brits
In Q2 2015 grocery retail sales only fell more in Greece, Finland and Switzerland than in the United Kingdom, where value sales dropped 0.8 percent and volume sales reduced by...
Read moreDemand for Hungarian wine in foreign markets
In the first half of 2015 Hungarian wineries exported 349,000 hectolitres of wine, 5.2 percent more than a year earlier. This represents a EUR 40-million value, which is 9 percent...
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The Consumer Protection Authority started the nationwide pre-Christmas consumer checks
The National Consumer Protection Authority (NFH) has begun its national pre-Christmas consumer checks that aims to filter unsafe products and to review legality – announced Perger Mónika, the Deputy Head...
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Entrepreneurship is stable despite the challenges in Hungary
The entrepreneurship around the world, including Hungary plays an increasingly important role in stimulating the economy and increasing employment. International and national data show that entrepreneurship both in Hungary and...
Read moreMany big brands did not make a deal with the state tobacco supplier
Marlboro, Multifilter, Philip Morris, Benson & Hedges, Golden Gate, Symphonia, Mustang, Főnix, West, Gauloises, Davidoff – all these brands will soon disappear from the shelves of the tobacco shops, because...
Read moreConference for the GMO-free Europe
A Hungarian and an Austrian People's Party MEP organized a conference titled Fotr the GMO-free Europe, in the European Parliament's József Antall building. Before Wednesday's conference Hölvényi György, MEP one...
Read moreThe organizations using and distributing e-cigarettes turned to the social welfare committee
The organizations of the electronic cigarette users and distributors turned to the social welfare committee of the Parliament in an open letter to include them in the legislative process –...
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National Council of Pálinka becomes a public body
Based on the amendments to the law on pálinka, grape marc pálinka and the National Council of Pálinka, the National Council of Pálinka becomes a legal entity. The council will...
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FM: the chimney cake is a Szekler Transylvanian and Hungarian cake at the same time
Achim Irimescu, candidate for the Romanian Minister for Agriculture in the parliamentary committee hearing on Monday talked that he would register the chimney cake as a traditional Romanian product in...
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“The House of Mothers” has been opened in the Bethesda Children's Hospital
The worthy placement of the parents of the children has arrived to a milestone in the Bethesda Children's Hospital: The House of Mothers was handed over The project in the...
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Opening the door for Hungarian innovations
One of the Hungarian National Trading House’s (MNKH) goals is to support Hungarian startups and innovative SMEs, assisting them in entering foreign markets. CEO Zsanett Ducsai-Oláh and Kata Pál, director...
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The good news is that there is no bad news
In October the six-month negative trend came to an end in the financial markets. The good news was that there was no bad news – although none of the dangers...
Read moreDemand for Hungarian wine in foreign markets
In the first half of 2015 Hungarian wineries exported 349,000 hectolitres of wine, 5.2 percent more than a year earlier. This represents a EUR 40-million value, which is 9 percent...
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EU restarts payment
After 5 months of debates the European Commission decided to restart payment in the first three priorities of the Economic Development Operative Programme (GOP). Hungary received HUF 210 billion for...
Read moreThe state can win 20 billion, while the chains can lose 40
The state can achieve at least twenty billion HUF tax revenue, if the large supermarket chains would be required to employ vendors to every seventy square meters, regardless of whether...
Read moreA double-digit growth in the online advertising market
The domestic digital advertising market achieved a double-digit growth in the third quarter – the IAB Hungary told MTI. According to IAB Hungary, between early July and late September, the...
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