Market News
Are made-up sales days in the off-season the new craze?
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...
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The online retail market grew by 16 percent in he first half of 2015
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 moreAnalysts: the increase in investments was a positive surprise
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 moreThis year's wine can be good and expensive
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...
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Hungary expects half of last year's apple crop, while in Europe the decline will be 5 percent
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 moreLondon analysts: slower, but “respectable” growth is expected in Central Europe
According to London financial analysts a bit slower but still a robust rate of “decent pace” increase s expected in the economies of Central and Eastern Europe, including Hungary. Morgan...
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FruitVeB: there can be problems with the transportation due to the Austrian road controls
Because of illegal immigration the Austrian police carried out checks near the Hungarian border, so there can be problems with the transportation of Hungarian goods – the president of the...
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The Nébih found food products that were expired seven years ago
The experts of the National Food Chain Safety Office (Nébih) found foods that were expired in 2008 at a restaurant near the M1 motorway, during the check sessions held near...
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Jász-Tész builds new cold storage facility
From a HUF 400-million budget fruit and vegetable wholesaler Jász-Tész Kft. is building a new cold storage facility. From this HUF 160 million is non-refundable EU money. The new unit...
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Magazine: Great wines, made in business cooperation
Two important firms in the Hungarian wine market have merged recently: Nyilas Winery (Mátra wine region) and Canter Wine House (Balaton wine region) now work under joint management. Owner Ilona...
Read moreA 30 percent growth is expected in online purchasing this year
Online shopping increases much faster than “anything else” in the sector. Compared to the previous year a roughly 30 percent increase is expected – Glattfelder Béla, Minister of State for...
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MNB: a duality characterized the corporate loans in the second quarter
A duality characterized the corporate lendings in the second quarter, the overall corporate loan portfolio decreased by 3.4 percent, compared to a year before, while the small and medium enterprise...
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TOP 500 regional companies: Hungary is in the forefront in terms of revenue growth
The Central and Eastern European region's Top 500 companies generated a turnover of 572 billion euros in 2014, which exceeds even half of the aggregated 2014 nominal GDP of those...
Read moreKSH: employment continued to increase further
In May and July this year, the number of employees was 4 million 224 thousand, 139 thousand, and 3.4 percent higher than a year before – the Central Statistical Office...
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The children will be given healthier lunches from September
The children will be given healthier and more varied breakfast, lunch and afternoon snack in nurseries, kindergartens, school canteens from September. Novák Katalin Minister of State for Family and Youth...
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Business relations between Hungary and Serbia strengthen further
There was great interest in the Hungary-Serbia business forum that the Hungarian National Trading House (MNKH) organised on 2 July. The heads of 150 Hungarian SMEs and a 50-member delegation...
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Armageddon put off
Finally Greece didn’t bring Armageddon to the financial markets, at the very last moment an agreement was reached, but let’s admit it wasn’t a big surprise because nobody wanted Europe...
Read moreMagazine: Role expansion
t the moment Tesco is the biggest wine retailer in Hungary. In the last business year we were working with 82 wine suppliers, three quarters of which were Hungarian. From...
Read moreNGM: the Hungarian retail is more than three times higher than the EU average
Retail sales are expanding in Hungary for two years. The increase in June was the fourth fastest in the European Union, and it was more than three times higher than...
Read moreLess tobacco due to the drought
Because of the drought, less tobacco has been grown this year – the President of the Hungarian National Association of Tobacco Growers (MADOSZ) told MTI on Thursday. Bényei Illés, head...
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The V4 agricultural ministers discussed about frauds in the food chain and about the dairy industry
The frauds in the food chain, the dairy industry situation and the main problems of soil management were the central themes of the V4 + 4 agricultural ministerial meeting –...
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When the cat is chasing the dog
Although dog food still has a bigger market share, cat food products are getting closer to them in the pet food market. Pet food sales in general are on the...
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The chamber guide presenting the rural development program has been published
The new handbook of the National Agricultural Chamber (NAK) is completed. The handbook gives comprehensive and credible information for potential candidates about the new Rural Development Programme. The nearly 100-page...
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142 thousand children in the free summer meal programs
The summer meal program for children ended on Friday in which about 142 thousand children received free meals during the summer vacation – the Ministry of Human Resources (Emmi) announced....
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Ministry of Agriculture opens mobile marketplace
A mobile marketplace opened in the Ministry of Agriculture’s building in Kossuth Square. Fresh vegetables and fruits, jams, syrups, honey, smoked meat products, dairy products and pickles can be bought...
Read moreAgriculture: production prices down 6.2 percent
In June 2015 agricultural production prices decreased by 6.2 percent from the level of June 2014. The price of vegetable products was down 3.6 percent and the price of livestock/products...
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Producers’ cooperatives to be surveyed
NAK and the Hungarian Academy of Sciences (MTA) are conducting a survey on whether NAK members are ready to start cooperating in various fields. One of the questionnaires is about...
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Meeting of the Visegrád Group’s Cooperation of the Chambers of Agriculture
Representatives met for the second time at the end of June, this time in Brno in the Czech Republic. They discussed the unfair market practices of retail chains and talked...
Read moreKSH: accelerated growth in retail sales in June
In June, retail sales rose by 7.2 percent in volume compared with a year before, after the previous month's 4.4 percent increase – the second estimate of the Central Statistical...
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