Market News

The young farmers were given support for more than 150 thousand hectares this year

This year, the young farmers claimed supports for about 154,000 thousand hectares, for an average of 15 hectares – Czerván György said on Thursday at the ceremonial handover of the...

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Retail sales of the Eurozone decreased, while the retail sales of the EU increased in September

The volume of retail sales of the Eurozone declined, while the retail sales of the European Union increased in September on a monthly basis. The EU's statistical office (Eurostat) reported...

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The European Union forecasts a modest economic growth

Despite the drop in oil prices and the relatively weak euro, a moderate economic growth can be expected in all countries of the European Union – according to the autumn...

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Legislation should be modified

According to the Hungarian Cash Register Association, the legislation on online cash registers should be modified. At the moment online cash registers mustn’t be sold, so if a shop goes...

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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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4 reasons to look for

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Discussions on the opening hours near the Lake Balaton

The Lake Balaton Association (BSZ) consits of municipalities near the lake would like to achieve the shops to be open on Sunday for a few occassions during the summer instead...

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Significantly increase in the sales of Hungarian craft beer

Szűcs László, CEO of the Főzdefeszt told MTI on Tuesday, that the sales of Hungarian craft beer increases significantly both domestically and abroad. He told that the sales of Hungarian...

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The Chief veterinarian defends the quality Hungarian honey

We must stand by the quality Hungarian honey – the Deputy Minister of State in charge of the food chain surveillance, and national chief veterinary told M1 news channel on...

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Hungarian commercial center opens in Milan

The Hungarian Investment and Trade Centre opens in Milan on Wednesday. The Hungarian Investment and Trade Centre will help the expansion of Hungarian exports to Lombardy, and to draw more...

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Counterfeiters would be punished more severely

The distribution of any counterfeit product is a crime – according to that nearly two-thirds of the Hungarian population. The same proportion of the Hungarians also consider that they would...

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Illegal tobacco processing plant was found in Borsod-Abaúj-Zemplén county

The finance guards of the National Tax and Customs Administration (NAV) found an illegal tobacco processing plant near Sátoraljaújhely in Borsod-Abaúj-Zemplén county. At a site in a settlement near Sátoraljaújhely...

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Sikér introduces new grinding technology

Tatabánya-seated milling company Sikér Zrt. started using new technology in its Szekszárd plant. The change took 2.5 years to implement and cost HUF 464 million, from which HUF 286 million...

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Nógrádi snacks

‘UNIÓ COOP Zrt. shapes its product selection in a way that priority is given to products made in Hungary. We have had fruitful business relationships with regional SMEs such as...

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Nielsen: Hungarian consumer confidence is on a five-year peak

The confidence index of the the Hungarian consumers increased by six points to 61 points. It is one of the greatest improvement among the surveyed sixty-one countries worldwide. The confidence...

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NGM: foreign trade growth has a healthier structure

In addition to the export of machinery and transport equipment the pharmaceutical industry’s exports also contributed significantly to the healthy growth structure – the Ministry of National Economy (NGM) calls...

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The majority of the tested soy, lactose and gluten-free foods passed the consumer protection test

The National Consumer Protection Authority (NFH) tested soy, lactose and gluten-free foods. Among the 49 samples, only two did not meet the requirements. According to the communication of the National...

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Retail sales grew in Romania

The volume of retail sales grew by 6.9 percent in Romania in the first nine months of the year, compared to the same period of the last year – the...

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Contraband cigarettes were found in a car that fell into a ditch

Nearly eleven million HUF worth smuggled cigarettes were found in a car that fell into a ditch on the M1 highway on Monday – the criminal press office of the...

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Hungarian startups to take off at international level

Two Hungarian enterprises managed to be present at the DLD Innovation Festival in Tel Aviv between 7 and 10 September. EDMdesigner is a tool for creating sophisticated newsletters and marketing...

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The success of the school cafteria system depends on the parents, too!

hat people eat in all places and times depends upon who they are (religion, ethnic background), where they live (North side of Boston? Rural Nebraska?) and how much money they...

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New services in audience measurement

DKT-Gemius subscribers can now get daily updates of mobile website, network and application traffic data at ola.dkt.hu. In addition to this, Gemius continues preparing for multiplatform measurement, e.g. in the...

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Magazine: Tablet solutions will be the biggest hit among online cash registers

2013 and 2014 were all about the introduction of online cash registers and the related problems, from authorisation to the subsidies given to retailers. The biggest winners were the companies...

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GKI: economic growth is gradually slowing down

The slow down of the Hungarian economy started to in the second quarter of 2015 will continue – according to the GKI, especially as a result of the temporary decline...

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The NGM expects a retail sales expansion by the end of the year

According to the expectations of the Ministry of National Economy (NGM), retail sales in November and December will be higher than in the same period of the previous year. Lenner...

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Grape Growers Association: a slight increase may occur in wine prices

According to the president of the Hungarian Grape and Wine-Growers Association the purchase price of grapes has grown, so a slight increase may occur in wine prices. Kiss István told...

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KSH: foreign trade reached a surplus of 455 million euros in August

In August, the volume of exports increased by 6.6 percent, while the volume of imports increased by 7.0 percent, compared to the same month of the previous year. The surplus...

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An almond orchard of one and a half hectares was handed over in Balatonakali

The Hungarian economy needs outstanding premium products. The almond orchard of one and a half hectares create also create premium products – the Deputy Minister of State of the Ministry...

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The Pálinka National Council will be a public body

Fazekas Sándor, Minister of Agriculture submitted the law amendment that will make the Pálinka National Council a public body to the parliament. According to the law amendment the tasks of...

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Sales remained stable last year

In November-December 2014 retail sales of Christmas gift packs containing body care products valued at about HUF 4 billion, with 2.4 million such packs sold. In the same period of...

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