Market News
The blending ratio of the wine should be indicated on the bottle
According to a forthcoming regulation amendment, it will be mandatory to indicate the blending ratio of the wine on the wine bottle – Gál Péter, Deputy Minister of State of...
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The government announces all European Union tenders by mid-2017
The government announces all tenders of the 2014-2020 European Union development cycle until 30 June 2017, in a total of 12 trillion HUF sum – Simon Róbert Balázs Ministerial Commissioner,...
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The sales of tablets decreased globally
According to the most recent projections of the International Data Corporation (IDC) IT and telecommunications market research company, the world market of tablets is shrinking higher than previously projected. Separately,...
Read moreLower chamber membership fees
NAK introduces new discounts in membership fees. This year the basis for calculating members’ fees had to be reported by the end of June and fees have to be paid...
Read moreJoining forces to support the exporting of Hungarian agri-food products
The Hungarian National Trading House Zrt. (MNKH) signed a strategic cooperation agreement with the Hungarian Chamber of Agriculture (NAK) and the Agricultural Informatics Cluster: the goal is to increase to...
Read moreSárospatak hosted discussions on the EU’s wine sector reform
The meeting was held to discuss the new vine planting rules that enter into force in January 2016. Results of the wine sector reform achieved so far were also evaluated....
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Half of agri-businesses are liquidated
There are three times more companies in Hungary than in neighbouring countries, but they exist for a shorter period of time and they go out of business in a couple...
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Brussels rejects the re-introduction of milk quotas
The European Commission in Brussels rejects the idea to introduce the milk quota sytem again in the EU – Phil Hogan EU Commissioner responsible for agricultural affairs said on Wednesday....
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We eat chips for more than 160 years
Some people considers chips as a manufactured food product, but the potato slices are more than 160 years old, and they are really made of potatoes. The chips celebrated its...
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From September, 90 percent of the nursery, kindergarten children can eat for free
From 1 September, 90 percent of the nursery, kindergarten children ie 321 thousand children will receive free meals, compared to the current 27 percent – the press officer of the...
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Mfor.hu: an international comparison about the lowest earnings
In Hungary, the proportion of workers who work for less money than the poverty threshold, (ie 50 percent of the average income) was 7.2 percent, while in Austria 7.8 percent,...
Read moreThe growth of smartphone sales is slowing globally
The growth of smartphone sales will slow globally in the coming years – the U.S. International Data Corporation (IDC) IT and telecommunications market research company announced on Tuesday. The International...
Read moreTen thousand bees were equipped with tracking sensors in a global research program
Miniscule sensors have been glued to the backs of 10,000 healthy honey bees around the world to help understand why huge numbers of bees are dying. Like electronic tags that...
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Whisky found in time capsule from the nineteenth century
Construction workers found time capsule that was buried in the 1800s in the Scottish Highlands. The shoe box-sized capsule was found buried deep inside part of the Ruthven road bridge...
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Milk’s production price dropped by the quarter
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that the production price of Hungarian broiler chicken was HUF 264/kg in May 2015....
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EXIMBANK lending programmes in the limelight
Loan products offered by state-owned Magyar Export-Import Bank Zrt. (EXIMBANK) can be of great help to Hungarian enterprises in financing export activities. EXIMBANK’s goal is to raise the number of...
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Knowledge park to be built in Debrecen
The University of Debrecen successfully tendered for HUF 583 million to build a knowledge park for the rapid practical utilisation of the results of innovative research projects (pharmaceutical, food, electronics...
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Lips that brave the weather
Lip care product sales are characterised by seasonality because the autumn and winter periods make lips more vulnerable – we learned from Viktória Tantics, brand manager with Beiersdorf Kft. Szilvia...
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We spend more and more despite the Sunday store closure
Expanding sales, outstanding results: the Sunday store closure did not break the year-long success story of the Arena Plaza – the latest GfK Hungária Exit Survey reveals. Although one can...
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The Sunday store closure affected the advertising market
The introduction of the Sunday store closure moved the commercial chains’ advertising spendings as well – vg.hu wrote. In the first half of this year the retail chains operating in...
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Chamber of Agriculture: the support of the farmers' markets is a priority area
Papp Gergely, technical deputy director general of the National Agricultural Chamber (NAK) told M1 news channel on Tuesday that the support of the short supply chains, farmers' markets is a...
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The apple harvest has begun
The apple harvest has begun in the orchards and the concentrate maker factories are also operating – the Chairman of the Apple Marketing Board told MTI on Tuesday. Takács Ferenc,...
Read moreThe consumer protection authority will launch a series of events to develop environmental awareness
The National Consumer Protection Authority (NFH) to launch a nationwide series of events to develop environmentally conscious customers approach – NFH’s Director General said at a press conference in Budapest...
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Analysts say that the increase of earnings is stable
According to the senior analyst of ING, regular wages grew in accordance with the current trends in the private sector. The analyst of the Savings Bank pointed out that real...
Read moreThe new rural development program offers more opportunities for the farmers
The new rural development program, provide more opportunities for the farmers – the Vice President of the National Agricultural Chamber (NAK) told M1 news channel. Hubai Imre told that the...
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Manufacturer brands improved their position
In January-April 2015 toothbrush sales were worth more than HUF 1 billion. Value sales stayed put but volume sales fell 3 percent. Drugstores’ share from value sales was even higher...
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Efficient oral care every day
In the last few years the oral care category was growing above the average in terms of value sales. According to Beatrix Károly, consumer shopper activation mass market manager of...
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A wifi network that works well for everyone
With WifiZone’s professional wifi network restaurants, cafés, hotels and other busy public spaces can offer such wireless internet access to guests which is comfortable and safe for both sides. In...
Read moreIncreased share for drugstores
In the first four months of 2015 Hungarian consumers spent HUF 4 billion on toothpaste, 3 percent more than in the same period of 2014. Volume sales didn’t change if...
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GKI-Erste economic sentiment index at its peak this year
In August the GKI-Erste economic sentiment index adjusted for seasonal effects increased slightly over July and reached this year’s peak. The previously measured positive sentiment prevailed among companies and households,...
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