Market News

Volume sales also started to grow this year

In the 2nd quarter of 2015 the consumer confidence index grew 5 points to 88 in the Czech Republic. The index is way above the continent’s 79-point average. As for...

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KSH: agricultural producer prices decreased by 5.6 percent

Agricultural producer prices fell by 5.6 percent in July compared to the same period of the previous year. The price of plant products decreased by 1.9 percent, while the price...

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Agriculture can not be effective without agricultural research

Agriculture can not be effective without agricultural research, therefore the Hungarian state supports the work taking place in the Karcag Research Institute – the Minister of Agriculture said in his...

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Internet of Things: the netizens are getting acquainted with it

Although the Internet of Things (IoT) is one of today's most used expression, many people still do not know exactly what it actually covers. This is also true to the...

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GMO ban: the U.S. will not give up

It seems that the American and Canadian corporations dealing with genetic engineering do not resign themselves into the much more stringent European GMO consumer protection regulations, and would like to...

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A medium-sunflower yield is expected

Half of the sunflowers have been harvested in Békés County. The General Vice President of the National Chamber of Agriculture in Békés County expects a moderate yield. Kozsuch Kornél after...

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Most of the big companies decide on a global level on choosing banks

59 percent of the largest companies decide which bank they prefer on a global level. At 20 percent of them by the parent company appoints the choice of banks, but...

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Fake sports equipments caused 850 million euros losses in the EU last year

The sale of fake sports equipment, such as footballs, sports helmets, tennis rackets, skis, gym equipment and skateboards, costs legitimate EU manufacturers 850 million euros last year. A new study...

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Food prices at a six-year low

According to a FAO survey, at global level the last time the price of food was this low was in September 2009. The biggest drop, 7.2 percent was measured in...

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Five-billion-forint development project by TU-PLAST

Debrecen tube manufacturer TU-PLAST Kft. inaugurated a new, 6,600m² production hall. Thanks to the development 59 new jobs have been created. In 2014 the company had 110 employees and manufactured...

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Three times more resources to support organic farming

Compared to the previous EU budgetary cycle three times more, 60 billion HUF support will be allocated to support organic farming. The support of organic farming can increase employment as...

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FM: the players of the sour cherry industry should join forces

The Deputy Minister of State of the Ministry of Agriculture (FM) urged the cooperation of the producers, processors and traders on Friday, in Hajdúböszörmény, at the first national sour cherry...

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KSH: The number of Internet and mobile phone subscriptions has increased

The number of Internet subscriptions increased by 13 percent to nearly 7.7 million, while the number of mobile phone subscriptions expanded by 1.6 percent to 181 thousand in the second...

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NAV: hundreds of millions HUF fines due to shipments without ekáer number

The National Tax and Customs Authority (NAV) is expected to impose a fine of more than one hundred million HUF on two companies in Budapest. The two companies did not...

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Two tons of dried tobacco leaves were stolen Kékcse

Two tons of dried tobacco leaves were stolen from the dryer in Kékcse. The perpetrators were caught by the police – the Szabolcs-Moson-Sopron County Police press officer told MTI. Fehérvári...

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GSS GROUP creates new position: commercial and marketing director

GSS Group Hungary Kft. is well-known in the world of FMCG, thanks to their SFA sales support system, outsourced team of representatives and training programmes. From May 2015 the company...

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Two important international jobs for the GfK group

The Media Development Authority of Singapore (MDA) commissioned GfK with implementing an audiovisual media audience measurement. This will be the first time an integrated system is used in Singapore for...

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Drugstore chain dm uses a new system for selling pharmaceutical products

Starting this spring, dm is using a new, simpler method in selling drugs. The good old cabinets have disappeared from the 234 dm stores, and shoppers can now choose the...

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Tesco home delivery service arrives at Győr and Csepel

After Budapest, Szeged and Székesfehérvár, Tesco’s Online Shopping service is now available in new places. From 15 June Csepel dwellers can also shop in Tesco’s online store, while Győr residents...

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FAO: Food prices are falling

In August, almost all basic food raw materials became cheaper on the world market, so the FAO food price index decreased by 5.2 percent in August, compared to July, which...

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FM: the regulation on the support of the tobacco sector will be published within days

It is expected that the regulation on the support for the tobacco sector will be published in the next few days in the Magyar Közlöny (Hungarian Official Gazette). MTI photo:...

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0.2 percent annual average inflation is expected in 2015

Inflation can accelerate gradually in Hungary. On the basis of the new data – that consumer prices remained unchanged in August compared to the previous year – basic processes did...

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The government would create jobs in agriculture and in tourism

In the 2020 EU budgetary cycle, the government would create jobs mainly in agriculture and tourism – Csepreghy Nándor, Deputy Minister of State of the Prime Minister's office told at...

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Nébih: bluetongue disease detected in Tolna County

Bluetongue disease was detected in case of two animals in Tolna County within a cattle of 350 heifers. The animal health authority has taken all the necessary measures without delay...

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China contributed to the world's economic growth with 30 percent in the first half of the year

According to the Premier of the State Council of the People's Republic of China, China contributed to the world's economic growth with 30 percent in the first half of 2015....

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Online auctions work well for Tesco

Tesco Hungary auctioned off more than HUF 150 million worth of equipment online. The company has been selling discarded equipment this way for many years. Generally 85-90 percent of items...

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Milk processing plants should be modernized

The Hungarian milk processing plants should be modernized so the dairy sector will be able fulfill the domestic demand. Mélykuti Tibor the chairman of the Milk Interprofessional Organization and Marketing...

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KSH: 674 million euros export surplus in July

The euro-denominated value of exports increased by 5.4 percent, while the value imports rose by 2.3 percent, compared to a year before. The trade balance surplus amounted to 674 million...

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Deloitte: 66 Hungarian companies among the region's largest firms

This year 66 Hungarian companies were able to be included to Deloitte’s Top 500 list, 3 more than last year. The consolidated sales revenue of the 66 Hungarian companies 89.6...

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Internet Hungary: digitization can eliminate 40 percent of the companies within five years

Within three years super-fast internet will operate all over Hungary. This is vital for social and economic development, because the IT industrial revolution permeates all areas of our lives. Those...

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