Market News
The Nébih closed down a bakery in the capital
According to the communication of the Hungarian Baker’s Association, the closed bakery is not the member of the association. The Nébih carried out inspections at several bakeries in recent days:...
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MKB: the maximum amount of the Széchenyi Card overdraft requests was doubled
The previous ceiling was doubled. The MKB Bank receives Széchenyi Card overdraft requests up to 50 million HUF from Friday – the bank told MTI. As the bank wrote, the...
Read moreOrder in the wi-fi chaos
With its new service WifiZone, ACE Telecom intends to create order in the rather disorderly world of wi-fi connections. The service is a professional solution for hotels, restaurants, cafés, shopping...
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New award for young executives
The Young Executives Academy organised its ‘Young executive of the year – 2015’ award programme for the first time. Annamária Tóth, the head of academy operator Coaching Team told our...
Read moreMagazine: Burnout syndrome and relationships
Basically there are two kinds of relationships: one that lifts you and another that pushes you down. Many people suffering from burnout syndrome neglect their relationships. The big question is:...
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KSH: agricultural producer prices fell by 6.2 percent in June
In June, crop products were 3.6 percent cheaper, while live animals and animal products were 10.4 percent cheaper, and the agricultural producer prices were 6.2 percent lower than a year...
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Milk producer organizations ask for immediate measures
The most affected professional associations in domestic raw milk production, the Milk Interprofessional Organization and Marketing Board, the Hungarian Animal Breeders Association the Holstein-Friesian Breeders Association the Hungarian Simmental Cattle...
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The decline in producer prices calls for an improvement in efficiency
“The agricultural prices are falling much higher than the production costs, which warns that efficiency increasing investments are needed in the sector” – Tresó István, the Head of the Division...
Read moreFood chain management fee: more than 10 billion HUF came in last year
The amount of the food chain management fee was 10.979 billion HUF last year: the development money amounted to 1,097 billion HUF. The Nébih (National Food Chain Safety Office) spent...
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Due to the heat wave, the consumption of the summer seasonal products has increased
The turnover of the summer seasonal products – ice cream, mineral waters and beers – is outstanding due to the heat wave – trading companies told MTI on Thursday. Balogh...
Read moreHeat speeds up the aging of the beer
The heat is good for the beer consumption, but it is not good for the beer. It is worth to pay attention to the proper storage temperature and consumption temperature...
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The British waste the most food in Europe
Britain wastes more food than any other country in Europe, with UK households throwing away 6 kilogrammes of food a week. 12 billion pounds worth food a year. For every...
Read moreThe heat causes fish mortality and agricultural damages in Austria
The Austrian Die Presse daily reported about heat-related agricultural damages and fish mortality in Austrian rivers on Wednesday. Because of the high temperatures and low oxygen content, fish mortality is...
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Private label products becoming more popular
PLMA’s 2015 year book analyses the state of play in the field of private label products. In 14 from the 20 countries surveyed PL products’ market share increased. In the...
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Coffee in the warehouses
This year farmers in Vietnam stockpiled more coffee in their warehouses than ever before since 2010. A record harvest is expected in 2015 so prices won’t increase. Vietnamese farmers mostly...
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Our personal finances from East to West
How do you think your personal finances will develop in the next 12 months? – in the 1st quarter of 2015 Nielsen asked consumers this question in 60 countries all...
Read moreGrape growers are expecting better protection from the Nébih
The protesters who demonstrated on Wednesday in front of the National Food Chain Safety Authority’s (Nébih) Wine and Alcoholic Beverages Board of Directors, asked for stricter controls more than ever...
Read moreAnalysts: it was expected that inflation will slow down in July
It was expected that inflation will slow down in July. On the basis of the recent data (consumer prices were 0.4 percent higher than a year earlier), however, the basic...
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Brussels to support the little ones
The EU accepted the Hungarian rural development program. The large estates lost against the small estates, after such an agri-rural development can take place, which reflects the government's desire to...
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42 percent of the Hungarian families throw out food regularly
42 percent of the Hungarian families regularly throw out food, in 8 out of 10 cases due to change in quality, in one-fifth of the cases, due to the expiration...
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Gemius: online ordering to be fun!
In 2015, 2,803,000 Hungarian net users have purchased from domestic portals, while 833,000 persons have chosen products from foreign sites . This is a clear increase,l compared to last year's...
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Omega-3s may prevent from the development of schizophrenia
Omega-3 fatty acids may prevent the development of full-blown schizophrenia in people who are at high risk of the disease, new research suggests. What's more, omega-3s seemed to prevent the...
Read moreGrocery retail on a growth path
Value sales soared 4.9 percent and volume sales improved by 3 percent in Q1 2015 if compared with the performance of Q1 2014. Both indicators are above the European average....
Read moreInflation was 0.4 percent in July, while the price of food rose above the average
In July, consumer prices increased by an average of 0.4 percent, compared to a year before, while compared with June have not changed on average – the Central Statistical Office...
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Analysts: trade surplus exceeded the expectations in June
The growth of the trade surplus in June exceeded the expectations of the analysts. The annual export surplus according to the analysts of the Erste and ING Banks is likely...
Read moreOECD: a recovery in the euro zone and a slowdown in the US and China
THe Composite Leading Indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to stable growth momentum in the OECD area as a whole. Stable growth...
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Visa: Hungarians use their bank cards more regularly
Card usage increases in Hungary, compared with cash use. According to the survey of the Visa Europe examining the Balaton region, the number of POS transactions grew by 17 percent...
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The DHL signed official logistics partnership deal with MotoGP
DHL announced a new three-year partnership with the world's premier motorcycle racing championship, MotoGPTM. The partnership will see DHL support the logistics needs of MotoGPTM and its sister championships, Moto2TM...
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