Market News
FM: agriculture's second quarter weakness is due to individual effects
Date: 2015-09-04 11:36:15
According to the Ministry of Agriculture, behind the second quarter’s weak agricultural performance individual effects can be found. The long-term prospects for the industry remain favorable. The Ministry of Agriculture...
Read more
Hungarian white wines are preferred more than reds abroad
Date: 2015-09-04 11:33:46
This year, Due to tightened controls on wine a change is apparent in the structure of the Hungarian wine traffic. Hungary’s wine import in the January-May 2015 period dropped by...
Read more
Analysts: faster-than-expected increase in retail trade
Date: 2015-09-04 11:30:47
Retail sales increased faster-than-expected in July, according to analysts polled by MTI, who commented on the data released on Thursday by the Central Statistical Office (KSH). According to the first...
Read more
Romania: a two step VAT reduction in next two years
Date: 2015-09-04 11:05:43
After the Senate, the Romanian Parliament also voted for the next year’s new tax bill on Thursday. According to the new bill, the Value Added Tax (VAT) will be reduced...
Read more
The chocolate pralines withdrawn from circulation can cause severe allergic reactions
Date: 2015-09-04 11:02:17
The National Food Chain Safety Office (NÉBIH) told MTI on Friday that an alert arrived on September 3 on Thursday night through the European Union’s the Rapid Alert System for...
Read more
Jam factory in Környe
Date: 2015-09-04 10:35:29
Környe will be the home of a new jam factory, where only flavouring- and preservative-free jam will be produced. A 300m² plant and a 500m² cold storage facility will be...
Read more
Biomass-processing plant inaugurated in Kaba
Date: 2015-09-04 10:23:26
At the Kaba premises of Evonik Agroferm Zrt. a new HUF 1.5-billion biomass-processing plant started working. 51.3 percent of the budget was the company’s own financial resources and the rest...
Read more
Start of the 2015 school year
Date: 2015-09-04 10:14:58
According to the National Retail Federation (NRF) of the USA, families are expected to spend USD 68 billion in the back-to-school season, from which USD 98 million will go to...
Read more
Magazine: Promotion of the year 2014 – Gold medalists and special award winners
Date: 2015-09-04 06:18:21
With help from Nielsen, Trade Marketing Club and POPAI Hungary, Trade magazine organised the ‘Promotion of the year’ competition for the 7th time. The award ceremony was a special day...
Read more
KSH: retail sales were mainly stimulated by food consumption
Date: 2015-09-03 11:51:03
The volume of retail sales rose by 7.0 percent in July – according to both the raw data and the calendar effect adjusted data, compared to the same period of...
Read more
Fruits have become more expensive in Europe despite the Russian embargo
Date: 2015-09-03 11:42:35
Much less, but better quality peaches have grown this year. The FruitVeB estimates that the volume of production can reach 42 to 45 thousand tonnes. The Hungarian apricot prices are...
Read more
Downward trend: we consume less and less milk
Date: 2015-09-03 11:40:50
We know that milk is our basic food product. The consumption of milk and dairy products is important in terms of the development of the organization, the calcium is the...
Read more
Romanian retail sales increased by nearly 8 percent
Date: 2015-09-03 10:58:53
The volume of the Romanian retail sales increased by 7.9 percent in July compared to the previous month – the Romanian national statistical institute announced on Thursday. Compared to July...
Read more
E-money in the cash register
Date: 2015-09-03 09:51:09
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...
Read more
7.2-percent increase in retail turnover
Date: 2015-09-03 09:44:35
In June 2015 retail turnover is estimated to have increased by 7.2 percent (in volume) from the same period of 2014. Adjusted for calendar effects, sales were up 6.2 percent....
Read more
Magazine: Personalised shopping
Date: 2015-09-03 07:58:13
Retailers are trying to increase sales efficiency by personalising the shopping experience. Consumers are more and more open to being contacted online, but for the time being this translates into...
Read more
Large pepper test
Date: 2015-09-02 11:45:26
We think it is good, but it is not – in fact the majority of the ground red pepper available in stores sold as hungaricums – a warns the Hungarian...
Read more
Pankucsi: Hungary protects the tobacco surtax
Date: 2015-09-02 11:34:18
Hungary would like to defend the health care contribution on the tobacco industry and the food chain supervision fee, therefore, the European Commission in Brussels will be given this the...
Read more
KSH: the trade balance surplus continued to increase
Date: 2015-09-02 11:32:50
The euro-denominated value of exports increased by 13.9 percent, while imports exceeded by 9.5 percent in June, compared to a year before. The trade balance surplus amounted to 801 million...
Read more
NFH: three out of the examined dietary supplements did not meet the requirements
Date: 2015-09-02 11:17:58
The National Consumer Protection Authority (NFH) analyzed about 54 dietary supplements. The National Consumer Protection Authority (NFH) analyzed the mineral content the vitamins, and “beneficial” bacterias. Three of the tested...
Read more
The series of conferences presenting the potential of the Rural Development Programme will start in Siófok
Date: 2015-09-02 11:10:28
The first stop of the series of conferences which focuses on the EU tenders, projects, grants and financing options will be held in Siófok on 22 September 2015. The European...
Read more
NAV: The VAT cheaters were unable to scam the ekáer system
Date: 2015-09-02 11:03:23
The organized criminal group was unable to scam the electronic road freight traffic control system (ekáer) system. The criminals imported a variety of foods to Hungary without the payment of...
Read more
Jam factory in Környe
Date: 2015-09-02 10:49:07
Környe will be the home of a new jam factory, where only flavouring- and preservative-free jam will be produced. A 300m² plant and a 500m² cold storage facility will be...
Read more
Biomass-processing plant inaugurated in Kaba
Date: 2015-09-02 10:45:18
At the Kaba premises of Evonik Agroferm Zrt. a new HUF 1.5-billion biomass-processing plant started working. 51.3 percent of the budget was the company’s own financial resources and the rest...
Read more
Magazine: Competitiveness for dinner
Date: 2015-09-02 07:51:56
At end of May Trade magazine and Chain Bridge Club organised their traditional Business Dinner. The topic was competitiveness and the guests were Ferenc Dávid, general secretary of the National...
Read more
Are made-up sales days in the off-season the new craze?
Date: 2015-09-01 21:13:05
Amazon appointed 15 July a special sales day and named it Prime Day. The e-commerce company offered special deals and huge bargains on this day, when consumers also had the...
Read more
The online retail market grew by 16 percent in he first half of 2015
Date: 2015-09-01 11:40:40
According to the third joint Online Retail Index reearch of GKI Digital and Árukereső.hu, the online retail market grew by 16 percent in he first half of 2015. OKI index:...
Read more
Analysts: the increase in investments was a positive surprise
Date: 2015-09-01 11:39:27
The analysts polled by MTI called the 5.7 percent second quarterly growth in investments as a positive surprise. According to the Central Statistical Office, investments increased by 5.7 percent in...
Read more
This year's wine can be good and expensive
Date: 2015-09-01 11:38:27
2015 can be an excellent vintage at wine-growing regions where the hail and the vine diseases did not damaged the well-developing grape harvest – the wine growers told. It is...
Read more
Hungary expects half of last year's apple crop, while in Europe the decline will be 5 percent
Date: 2015-09-01 11:32:34
Although the apple harvest has begun in the orchards and the plants started to processing the concentrates, the domestic apple varieties suitable for winter storing have barely appeared in the...
Read more