Market News

Sample webstore and online research lab helps the consumer protection authority

The project supporting the development of consumer protection will be completed in late September. The EU contributed with 350 million HUF to the project – Szente István, Director-General of the...

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Green energy use should be doubled by 2020

About 6.6 percent of the Hungarian energy consumption comes from green energy. Hungary has to double its performance in the next five years to approach the National Reform Programme’s 14.65...

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The EU can provide guidance for carriers to the situation due to the border closures within weeks

The European Union is expected to provide guidance to member countries and international carriers to treat the increased driving time, due to the grievous border crossings – Pencz Zoltán, Secretary-General...

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The sector is waiting for steps to be taken

The Federation of Hungarian Food Industries (ÉFOSZ) published a statement that welcomes the new development strategy for the food industry, but at the same time warns that small and medium-sized...

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Promotions for an optimal sales performance

In July 2014-June 2015, from every HUF 100 spent in the 10 highest-turnover grocery categories 45 were used to buy products in promotion. This means that the value of promotional...

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Magazine: A life lived with boreout symptoms turns again itself after a while!

Ági is 27 years old and she is suffering from burnout. She is an economist and a corporate management expert. She speaks German, English and French and she has been...

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Magazine: Always aiming higher!

Hilltop Neszmély Zrt. adapts to changing market demand very well. The winery is always leading the way in innovation and we asked co-owner Ákos Kamocsay about the secret behind their...

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A decline in grain prices from August

A significant price decrease was observed in the past month in case of this year's domestic wheat and corn yields – and at all the other arable crops in general...

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Six million tonnes of corn crop is expected

This year's corn harvest will be about six million tonnes because of the summer heat has significantly reduced the volume of the crop – the Minister of Agriculture said in...

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Thousands of visitors are expected to the Honey Festival in Kaposvár

The organizers of the 9th Honey Festival in Kaposvár expect thousands of visitors. The two-day honey festival begins on Friday. In addition to the traditional parade honey producers professional performances,...

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Significantly expanding resources in children nutrition

In next year's budget the children's meals support will increase to 71.7 billion HUF from this year's 58 billion HUF – the Parliamentary Minister of State of the Ministry of...

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KSH: We spend 30 HUF per day on statistics

Every day around the same price for a smaller egg, 30 HUF is spent by the people in Hungary on statistics – the Deputy Chairman of the Central Statistical Office...

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The 2015 Milk Campaign is on

In July 2015 Hungarian Tourism Zrt. started a campaign to promote the consumption of Hungarian milk and dairy products. The Dairy Interprofessional Organisation and Product Council is also partner to...

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Feketelista.hu: more than fifth of Hungary's GDP is by the black economy

The ratio of the black economy is 22.1 percent in the gross domestic product (GDP) of Hungary, which corresponds to the average of the Central European countries – the feketelista.hu...

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KSH: 7.5 million tons of cereals grown this year

This year’s 5.284 million tons of wheat is 0.4 percent more than in 2014 and 19.1 percent higher than the average yield of the past five years. The barley harvest...

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FM: almost 4 billion HUF to support dairy farmers

The dairy farmers receive nearly four billion HUF support this year. In addition to the extraordinary, 2.9 billion HUF EU agricultural subsidies, the government gives more than one billion HUF...

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Association of Grain Producers: this year was favorable to the winter cereals

This year's autumn favored the cultivation of cereals – the President of the National Association of Grain Producers (GOSZ) told MTI on Thursday. Vancsura József by commenting the 2015 data...

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Winter wheat world record with Syngenta

Lincolnshire farmer Tim Lamyman has beaten the world winter wheat yield record by harvesting a whopping 16.5 t/ha from a brand new variety in his first year growing it. Farming...

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The Nébih withdrew rice flour containing gluten

The National Food Chain Safety Office (Nébih) ordered the withdrawal of three rice flour produced by the Szarvasi Agrár Zrt. – the Nébih told MTI on Thursday. The health risk...

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The freighters request the restoration of the 18 years age limit from the European Commission

The National Freighters’ Industrial Corporation of Private Entrepreneurs (NiT Hungary) turned to the European Commission (EC) and requested the restoration of the 18 years age limit in order to eliminate...

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Knorr XXL – family bases

Between 10 and 23 July 2014, after the success of Knorr Bolognese XXL, Knorr decided to create new XXL products and to launch a new range called Knorr XXL Family...

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Magazine: Groupama Arena – stadium experience with extras

Budapest’s one-year-old hypermodern Groupama Arena is a spectacular building and a venue that offers many experiences. It isn’t only the home pitch of football club FTC and the Hungarian national...

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Nébih: almost half of the check of the fish vendors have failed on Nébih’s test

The National Food Chain Safety Office (Nébih) found irregularities at 43 percent of the examined 81 fish vendors and caterers – the Nébih informed MTI on Wednesday. According to the...

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Savings Bank: 3.1 percent GDP growth is expected this year

According to the analysts of the Savings Bank, this year3.1 percent gross domestic product (GDP) growth is expected, while 2.5 percent expansion is expected for the next year – Oszlay...

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OECD: Global economic prospects have deteriorated

Deterioration occured in the global economic outlook in recent months, especially due to China’s and Brazil's economic slowdown – the Organization for Economic Cooperation and Development (OECD) announced its economic...

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Potato Days in Gyenesdiás

At the Potato Days in Gyenesdiás the Keszthely-based Potato Research Centre will showcase its own bred varieties, there will be professional advisory services as well, potato dishes will be cooked...

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EuroZone’s inflation fell in August

Inflation across the eurozone unexpectedly weakened in August, raising hopes among economists that the European Central Bank will eventually expand its already massive bond-buying program to combat the economic risks...

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Nébih: bluetongue disease appeared in Somogy county

Bluetongue virus-infected cattle was found in Hajmás, Somogy County after last week's incident in Tolna county – the National Food Chain Safety Office (Nébih) told MTI on Wednesday. According to...

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Russian taxes vs. brewers

Several large breweries asked the Russian government not to increase the tax on beer any further. This step would contribute to a growth in production. For instance Anheuser-Busch InBev also...

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FM: autumn harvest works have begun

The autumn harvest works have begun in Hungary – the Ministry of Agriculture (FM) announced. Czerván György Minister of State of the Ministry of Agriculture responsible for agri management told...

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