Market News

MNB: the NHP contributed to Hungary's GDP growth with more than 1 percent

The NHP is the growth credit program of the National Bank of Hungary (MNB). The NHP is supporting micro, small and medium-sized companies to access credit, to expand investments and...

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Hopefully there will not be yield losses in case of corn

Hopefully there will be yield losses in case of corn as heat has stopped – the president of the National Association of Grain Producers (GOSZ) told MTI on Thursday. Vancsura...

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The growth of the Czech retail sales continued in May

The data of the retail index indicated an annual increase of 5.4 percent after the 6 percent of April – the Czech Statistical Office (CSU) announced in Prague on Tuesday....

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Children posters to raise awareness to road safety

The Mercedes-Benz factory in Kecskemét announced a road safety poster competition within the company’s MobileKids Program. The best works were exhibited in the town at 10 busy points to drawn...

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Forbes Top 2,000 global companies

On 6 May Forbes published its latest ranking of the world’s biggest companies. Instead of the former 3 now we find 4 Chinese banks at the top of the list....

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The Kopint- Tárki expects a 3.2 percent growth and 0.5 percent inflation

The Kopint-Tárki Konjunktúrakutató Intézet Zrt. business climate research institute is expecting a 3.2 percent GDP growth and 0.5 percent inflation in its latest projection. Palócz Éva, chief executive of Kopint-Tárki...

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The price of food and alcoholic beverages have risen

In June, consumer prices were on average 0.6 percent higher than a year earlier, while compared with May consumer prices rose by 0.2 percent – the Central Statistical Office (KSH)...

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GKI Digital: the turnover of the 10 largest web stores exceeded 50 billion HUF in Hungary

The turnover of the 10 largest web stores operating in Hungary exceeded 50 billion HUF, with nearly 3 million purchases – according to GKI Digital’s research which ranked the e-retailers...

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If summer, then melon: the melon season has started without scandals

If summer, then melon: if melon, then melon campaign. The Agricultural Marketing Directorate of the Hungarian National Tourist Office launched a promotional campaign again this year to promote fresh, domestic...

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The dairy market is constantly changing

In the final, 2014/2015. milk quota year (1 April 2014 to 31 March 2015), the purchase of dairy products increased by three percent in the EU, compared to the previous...

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The new catering system helps the parents

The new catering system coming into force from the autumn helps families living in difficult financial circumstances and parents fostering children as well – Rétvári Bence, Parliamentary Minister of State...

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To realise the opportunity

The people who turn to me for advice can usually realise the opportunities in business but they tend to not notice them when they manifest in their private life. In...

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GfK: Consumer expectations improved in the second quarter

The consumer expectations improved and the propensity to buy index also increased in the second quarter in Hungary – the GfK Hungária told MTI on Tuesday. The GfK Compley Consumer...

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The MSZP has re-submitted its referendum initiative

The Socialist Party (MSZP) re-submitted its referendum on the termination of the Sunday Store Closure initiative unchanged on Tuesday to the National Election Office (NVI). The step of the Socialists...

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According to the Association of Hungarian Brewers, a significant increase in demand to occur for beer

Because of the heat, the demand for beer can increase significantly this summer – according to the Association of Hungarian Brewers. The organization in its Tuesday statement describes that last...

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Harvest started in Tolna County with a six-ton average yield

According to the data of the National Association of Agricultural Economics (NAK) after the harvest of the ten percent of the sown area of the winter wheat in Tolna county,...

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The results of Hungarian researchers promotes the development of cheaper and more reliable Internet

The researchers of the Hungarian Academy of Sciences and Budapest University of Technology and Economics promotes the development of cheaper and more reliable Internet. The researchers published their findings in...

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The volume of retail sales in Romania increased by four percent

The volume of Romanian retail sales increased by 4 percent in the first five months of the year, compared to the same period of last year – the Romanian National...

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NFH: almost all of the swimsuit have passed the tests

The National Consumer Protection Authority (NFH) tested swimsuits this year for the first time. The professionals did not find swimsuits containing dangerous substances,only one product had misleading information written on...

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NGM: savings and consumption are expanding in long-terms

Balogh László, Deputy Minister of State of the Ministry of National Economy (NGM), responsible for Finance Policy told that savings and consumption turned into the right direction in Hungary, their...

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The Dairy Product Board calls for tighter regulatory controls

The Dairy Product Board Interprofessional Organization and Marketing Board calls for stricter official controls in order to protect the Hungarian dairy sector’s participants – Hartz Zoltán, executive director of the...

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KSH: imports grew faster than exports in April

The value of exports calculated in euros increased by 8.8 percent in April, while the value of imports increased by 9.7 percent. The export surplus was 497 million euros, 16...

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OKI: you should pay attention to the proper storage of foods

You should pay attention to the proper storage of foods in the heat, because there are bacteria that like warm – Páldy Anna, Deputy Director General of the National Environmental...

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The leaders of one hundred and fifty Hungarian SMEs discussed with companies in Serbia

The Hungarian-Serbian business forum was surrounded by a high interest. It was organized by the Hungarian National Trading House. At the event, took place with the participation of 150 Hungarian...

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The wine regions of Burgundy and Champagne were added to the list of UNESCO

The United Nations Educational, Scientific and Cultural Organization's (UNESCO) competent committee declared the Burgundy wine region as well as the cellars of the Champagne region as World Heritage at a...

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Fake perfumes and pálinkas without tax stamps were found in a Romanian bus

Hundreds of boxes of fake branded perfumes and twenty-five liters of unverified pálinkas without tax stamps were seized by the finance officers on the M7 motorway. The value of the...

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Famíliatészta is certified to be stable

Famíliatészta Kft. earned Bisnode’s AA certification – only 1.75 percent of companies have it in Hungary. Unbiased expert Bisnode attests that the Mezőberény-seated, Hungarian-owned pasta manufacturer and distributor is a...

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Retail sales increased above 5 percent in May

In May, the volume of retail sales increased by 5.2 percent according to the calendar-adjusted data, while by 4.2 percent, according to the unadjusted data – the first estimate of...

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The turnover of seasonal products increases significantly during the summer heat wave

Due to the heat, the retail sales of mineral waters, beers, ice-creams can significantly increase in the following days. Fodor Attila, communications director of the CBA told MTI on Friday...

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MLSZKSZ: Russian embargo, conserved Hungarian market loss

Business exporting to Russia and logistics companies are the biggest losers of the sanctions. The question now is not whether how much the EU is losing with the Russian embargo,...

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