Market News

Chamber of Agriculture: new opportunities in the support of small farmers

The CAP-Calculator has been updated with new payment options. The CAP-Calculator informs about the new possibilities of the EU's common agricultural policy, and it can be found on the website...

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Refurbished Reál Prémium store opens in Lurdy Ház

On 29 May Reál Hungária ceremonially opened its premium-category store in Budapest’s Lurdy Ház. Zsolt Feldman, deputy state secretary of the Ministry of Agriculture was also present. Reál Hungária managing...

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László Pekó receives Cooperative Award

László Pekó, the head of NYÍRZEM group, was honoured with the ‘OSZT Cooperative Award’ for his outstanding work in retail trade by the National Cooperative Council (OSZT). Mr Pekó started...

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100-year-old contour bottle inspires Hungarian designers

Coca-Cola’s iconic bottles turns 100 this year and Design Terminál asked Hungarian artists from five different fields of art to give new functions to the bottle. Many excellent designs were...

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KSH: accelerated growth in retail sales in June

In June, retail sales rose by 7.2 percent in volume compared with a year before, after the 4.4 percent increase of the previous month. The calendar-adjusted data shows an annual...

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Analysts expect further retail sales expansion

On the basis of the June trends the retail sales growth can continue in the coming months – the analyst of the K&H and the Savings Bank believe on the...

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Forbes list of the largest Hungarian family businesses

On the list of the Hungarian family businesses compiled by the Hungarian edition of the Forbes magazine's latest issue, the Kasza-family from Jászberény overtook Csányi Sándor. The list was published...

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A decrease occured in the sales of the Euro Zone and the EU in June

Retail sales in the eurozone fell more sharply than expected in June, a fresh sign that the currency area's economic recovery remains too weak to quickly bring down very high...

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The NAK considers the transformation of the higher agricultural education necessary

The National Agricultural Economics Chamber (NAK) considers the transformation of the higher agricultural education necessary, to provide complex practical knowledge to the students, instead of the current too specialized training...

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The RMDSZ would support a two-step VAT reduction in Romania

The Democratic Union of the Hungarians in Romania (RMDSZ) would support a two-step VAT reduction in Romania – Kelemen Hunor the president of RMDSZ indicated on Wednesday in an interview...

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Replanned

According to Dr György Karmazin, vice president of the Hungarian Association of Logistics, Purchasing and Inventory Management (MLBKT), three key factors influence the logistics market. In 2015, due to low...

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Automation is unavoidable

ogistics and warehousing are fields where all relevant informatics solutions are worth using if one wants to increase efficiency and retain their competitiveness. As hardware and sensor prices are going...

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Security audit reveals the weaknesses

In every phase of the logistic process there is an opportunity to steal raw material, semi-finished products or finished goods. Statistical data shows that a business may suffer 1.5-3 percent...

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FM: high-level consultation on the blocking of Italian imported wines

A high-level consultation is going on, on the blocking of Italian imported wines – the Ministry of Agriculture (FM) told MTI on Tuesday. Fazekas Sándor, Minister of Agriculture announced on...

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FruitVeB: the use of post harvest processes is a market pressure

The use of post harvest processes that are facilitating consumption should be used to acquire new markets and to retain the existing ones, in case of domestic vegetables and fruits....

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According to the beer price index of the GoEuro website beer is the cheapest in Krakow

According to the 2015 beer price index of the GoEuro website, beer is the cheapest in Krakow, Kiev and Bratislava and the the most expensive in Geneva, Hong Kong and...

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Ownership changed at MOM Park, Westend and EMKE

A large international investment consortium acquired the real estate portfolio consisting of the MOM Park Shopping Center, the corresponding MOM Park Offices, the Westend Business Center Office Building and the...

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The SZTE and the Biomed Kft. developed a new dietary supplement jointly

The University of Szeged (SZTE) and the Biomed Kft. developed a new plant-based dietary supplement jointly. The product is available in the pharmacies and shops for two months. Hohmann Judit,...

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Pear against hangover

Drinking pear juice before a night of heavy drinking could reduce the effects of a hangover – a research suggests. Australian government scientists found that for those who suffering from...

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Romanian retail sales increased by 4.8 percent in the first half of the year

The volume of retail sales grew by 4.8 percent in Romania in the first half of the year, compared to the same period of last year – the Romanian National...

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A KKV-knak kedveznek az új uniós pályázatok

– Jelentős változásokra kell számítani az utolsó uniós támogatási ciklusban, amelynek nyertesei a hazai kis- és középvállalkozások lehetnek. A KKV-k számára legfontosabb Gazdaságfejlesztési és Innovációs Operatív Programban leginkább a komplex,...

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Accounting 2.0 – changes in the financial institutions sector

At a seminar Deloitte organised for the financial sector on the latest developments, important legislative changes and new opportunities. Experts spoke about the positive influence the Lending for Growth Programme...

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Magazine: Budget approved in the spirit of stability and predictability

The Hungarian parliament has given the green light to the 2016 budget, the main objectives of which are the protection of jobs, tax reduction and creating a stable and predictable...

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GKI: On slowing trajectory

According to the forecast of GKI Economic Research Co., the growth rate of the Hungarian GDP will drop to 2.7 per cent in 2015, after its temporarily extremely fast rate...

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Less but better quality wheat than last year

Farmers expect the wheat harvest to be around 4.5 million tons – less than the usual quantity but better quality. Experts of the Grain Producer’s Association – Hungary (GOSZ) reported...

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The dairy sector can calculate with 43 billion forints

Next year the dairy sector will receive HUF 43 billion in funding, HUF 20 billion more than in 2010. In 2016 the sector will get transitional funds worth of HUF...

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The mountain village leader expects a similar grape yield to last year

Tornai Tamás President of the Mountain Village Wine Communities told Kossuth radio on Sunday that accurate estimation data will be communicated early next week. The mountain village leader about the...

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It is worth to invest into quality wines

Investing in high-quality wines in Hungary is still a rarity, although a close to 30 percent yield can be achieved with it, which is higher than the annual yield of...

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The inflation of the Euro Zone and Germany was 0.2 percent in July

Euro Zone's annual inflation held steady at 0.2 percent in July, far below the European Central Bank (ECB)'s target and disappointing those who hoped monetary stimulus would provide a quick...

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NÉBIH: herbal tea bags were withdrawn from circulation

Due to its high content of senna, herbal tea bags they were withdrawn from the markets of fifteen EU member states, including Hungary – the National Food Chain Safety Office...

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