Market News

Successful municipality-owned meat plant in Gyula

After the former financial troubles the now 100-percent municipality-owned Gyulahús Kft. is stable and generates profit. In December 2012 the municipality got HUF 1.8 billion from the government to save...

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The Tokaj Trading House has increased its grape buying prices

This year, the state-owned Tokaj Trading House Ltd., pays more for grapes to the farmers. Major technological developments began at the company, and the unique soil site and plantation mensuration...

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SMEs have not expected such a profit for a long time

The domestic SME sales and profit expectations grew with a huge pace, has not seen for a long time. A price income of 5.7 percent and a revenue growth of...

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Most people plan to buy mobile, cleaning machines and TV-sets

Most of the Hungarians (23 percent) plan to buy a mobile phone in the next three months, 14 percent of them some kind of cleaning equipments, 13 percent of them...

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The rules on smoking to be tightened further in Italy

According to the announcement of the Italian Ministry of Health, smoking will be tightened in Italy, as well as the rules of packaging: shocking images to be placed on the...

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Traditional jam from Környe

They are building a jam factory in Környe, where traditional jams – containing no flavouring or preservatives – are going to be made. Owner Zsolt Kiprich told that the investment...

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Hortobágy geese in Russia

Hortobágy Goose Breeding Zrt. established a EUR 2-million joint venture with Kazan-seated company Ekoferma Zvenigovo. In three years EUR 12-15 million will be invested in the new firm and 1,500-1,700...

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Cattle farms built in Felsőkelecsény

Szuhamenti Agrár Kft. and Szuha-Fauna Kft. built cattle farms in Felsőkelecsény and Ragály from HUF 800 million. 300 cows can be kept at the new farms and as the result...

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One-billion-forint development in Herbro’s hatchery

One billion forints were invested in doubling the production capacity of Herbro Kft.’s hatchery in Hernád. HUF 400 million came from the company, HUF 245 million was from the rural...

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Staff reduction and overtime in retail trade

The number of retail workers further decreased in May, although the rate of decline is far less than in April, which was the first full month after the Sunday store...

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Marketing Campaign to purchase Hungarian dairy products

The government would encourage the consumers with a marketing campaign to purchase Hungarian dairy products. The government aims to help the Hungarian dairy farmers who are in a difficult situation,...

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Hungarian melon consumption increased by twenty percent during the campaign

Melon consumption in Hungary increased by twenty percent during the four-week campaign aimed at the promotion of melon – the Minister of State of the Ministry of Agriculture told on...

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KSH: average earnings rose by 1.5 percent in May

The average earnings increased by 1.5 percent in May, compared to a year before. Without counting the wage of public workers, the increase was 4 percent – the Central Statistical...

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5 percent VAT not only in the swine sector

The Livestock and Meat Marketing Board and Interprofessional Organisation (VHT) considers the reduction of VAT to 5 percent in the pig sector not only as a sectoral advantage but as...

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There will not be a referendum on the Sunday store closure soon

The NVB made a decision over three referendum questions related to the authentication of the Sunday store closure. The National Electoral Commission (NVB) decided to recognize the question of Wodicska...

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Analysts: real wages will rise slower due to inflation

According to analysts polled by MTI, the real wages will increase slower, due to the rising inflation. According to the data of the Central Statistical Office (KSH) published on Tuesday,...

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The Nébih checks beef products according to the EU quota

The check of beef products should be implemented according to the EU quota, to explore any horse meat contamination. This could mean hundreds of examination a year – Helik Ferenc,...

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Strategic agreement for disseminating the results of agricultural R&D work

The Hungarian Chamber of Agriculture (NAK) and the National Agricultural Research and Innovation Centre (NAIK) signed a cooperation agreement on disseminating the results of agricultural research and development work; the...

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Budapest Wholesale Market: the heart of Hungary’s fruit and vegetable sector

The Budapest Wholesale Market is the place where the products of farmers and wholesalers are presented to serve consumer demand six days a week. It was in 1991 that the...

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17th International Cheese and Curd Festival in Gyomaendrőd

The annual Cheese and Curd Festival in Gyomaendrőd has been one of the main events for manufacturers for many years. Not only they but also winemakers, honey traders and the...

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Magazine: More funds needed for development in the fruit and vegetable sector

According to interprofessional organisation FruitVeb, it is good news for consumers that there will be no major increase in the price of watermelon this season. Last year 90,000 tons of...

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Fazekas Sándor: a campaign will be launched for the consumption of Hungarian dairy products

Fazekas Sándor at a press conference on Monday, that the Ministry of Agriculture launches a campaign to promote the consumption of Hungarian dairy products. The Minister of Agriculture underlined that...

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The Association for GMO-free Hungary has been formed

Nagy István, Parliamentary Minister of State of the Ministry of Agriculture considered that the formation of the Association for GMO-free Hungary has historical significance. The Association for GMO-free Hungary has...

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The NAK calls for the sales of state land to farmers

The National Agricultural Economics Chamber (NAK) would like to see the government take the necessary steps to grant farmers land from the state land property – Győrffy Balázs, president of...

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Wine Communities: the blocking of import wines was an established decision

According to the National Council of Wine Communities (HNT), the Ministry of Agriculture (FM) made an established decision when ordered the blocking of certain imported wines – the HNT told...

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The winemakers of Szekszárd gave their blood and their Bull’s blood

Give blood and pass it! – the Hungarian Red Cross has launched its unconventional community blood donation campaign on Friday with this slogan. Fourteen winemakers of Szekszárd also joined to...

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80 percent of the Hungarian internet users have a smartphone

More than 80 percent of the Hungarian internet user population use smartphones and nearly 10 percent plan to buy smartphone in the future – the research of the Ipsos Zrt....

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New wildlife management act is needed

The old wildlife management is outdated, and therefore it is is necessary to create a new wildlife management law. Bitay Márton, the Minister of State of the Ministry of Agriculture...

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A consumer protection mobile app helps travelers going abroad

A consumer protection mobile app will help travelers going abroad: The ECC-Net: Travel is available in 25 languages and helps in consumer protection problems that may occur abroad. Kriesch Attila...

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Basically, they got stronger: hair dye, lacquer and conditioner

The combined value share of the six hair care categories was 4 percent higher in January-April 2015 than in the first four months of 2014. In the 4-month period sales...

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