Market News
Complies with religious laws
If a company wishes to export to the Arab world, Indonesia, Malaysia, Singapore or Dubai, it has to have special Halal certification. As a matter of fact, it is also...
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Magazine: The death of information
Recently I have been contacted by the head of a big company who is often asked to do interviews on the radio. He wanted me to help him and the...
Read moreNGM: Retail trade is constantly expanding for two years
The retail sector is growing continuously for two years. Retail trade in June increased by more than 6 percent, compared to a year before, but the first half-year figures also...
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The NAK is an important partner of the Ministry of Agriculture
The National Chamber of Agriculture (NAK) is an important partner in the sector work carried out by the Ministry of Agriculture (FM) – the Minister of Agriculture underlined on Monday...
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Bread price increase is not expected
It is expected that new wheat based bread prices will not increase, because the millers will not raise the price of flour and the other cost components will not force...
Read moreBroadband Internet will be available in all of the households
Currently 883 thousand Hungarian households do not have broadband Internet access. According to the Digital Hungary plan, until 2018 the World Wide Web will be accessible in every households. The...
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The rate of GDP growth decreased in the euro zone
According to the preliminary data, the rate of GDP growth decreased in the euro zone in the second quarter, compared to the previous quarter – Eurostat reported on Friday. According...
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The NÉBIH seized relabeled melons
The inspectors of the National Food Chain Safety Office (NÉBIH) seized relabeled melons at a farm near Nagykálló and banned the marketing of the fruits. According to the communication of...
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Agricultural machinery purchases broke a record
According to the Parliamentary Minister of State of the Ministry of Agriculture (FM), agricultural machinery purchases may break a record in Hungary. While the international trend shows a decrease of...
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Security audit reveals the weaknesses
In every phase of the logistic process there is an opportunity to steal raw material, semi-finished products or finished goods. Statistical data shows that a business may suffer 1.5-3 percent...
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Companies don’t trust courts in tax matters
Deloitte’s second survey asked companies opinion on tax matter disputes and how they are settled in court. Two thirds of companies have already had tax authority rulings which they think...
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Certified products bring competitive advantage
In the food safety process certifications can create market advantage for companies if they take audits seriously. Lajos Tánczos, senior auditor of ÉMI-TÜV SÜD Kft. told our magazine that a...
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Packaging materials in circulation
Mária Gergely, a representative of the European Pallet Association’s (EPAL) Hungarian office told our magazine that the organisation has 1,600 members all over the world. In 2014 66.3 million pallets...
Read moreBaby bonus programme welcomes its 200,000th member
In August drugstore chain dm welcomed its baby bonus programme’s 200,000th member with a gift pack. Brigitta Magyarné Benkő registered her son Noel in Kecskemét, who is expected to be...
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Nielsen: the sales of household chemicals and cosmetics increased by six percent in value
The retail turnover of household chemical goods and cosmetics was nearly 170 billion HUF in the first half of this year, which is 6 percent more than in the January-June...
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The milk will be the first Hungarian GMO-free food
The milk will be a GMO-free food by replacing imported feed soy – Nagy István, Parliamentary Minister of State of the Ministry of Agriculture (FM) announced in Hajdúböszörmény on Friday....
Read moreKSH: GDP grew by 2.7 percent in the second quarter
Hungary's gross domestic product (GDP) grew by 2.7 percent in the second quarter compared to the same period of 2014. The increase was primarily due to the expansion of the...
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The FM will develop actions jointly with the product council to manage the dairy market situation
The Ministry of Agriculture (FM) is aware of the difficulties experienced in the dairy market and will develop mrasures to manage the dairy market situation in cooperation with with the...
Read moreThe website of the National Tobacco Store Supply Ltd. has been launched
The website of the National Tobacco Store Supply Ltd. (Országos Dohányboltellátó, ODBE) has been launched. The site contains the condition list of tobacco shops, and the location of warehouses, among...
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Poor apple harvest is expected this year
This year, close to 500 thousand tonnes of apple crop is expected in the country, compared with the more than 900 thousand tonnes of 2014 – the president of the...
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GfK: the turnover of technical durables has increased
The sales of technical durables increased by 4.9 percent in Hungary in this year's second quarter compared to the same period of last year. The engine of growth was the...
Read moreThe Savings Bank and the Hungarian Association of Animal Breeders signed a cooperation agreement
The TakarékBank Zrt. (Savings Bank) and the Magyar Állattenyésztők Szövetsége (Hungarian Association of Animal Breeders) signed a cooperation agreement – the bank told MTI. The objective of the agreement is...
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The Nébih closed down a bakery in the capital
According to the communication of the Hungarian Baker’s Association, the closed bakery is not the member of the association. The Nébih carried out inspections at several bakeries in recent days:...
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MKB: the maximum amount of the Széchenyi Card overdraft requests was doubled
The previous ceiling was doubled. The MKB Bank receives Széchenyi Card overdraft requests up to 50 million HUF from Friday – the bank told MTI. As the bank wrote, the...
Read moreOrder in the wi-fi chaos
With its new service WifiZone, ACE Telecom intends to create order in the rather disorderly world of wi-fi connections. The service is a professional solution for hotels, restaurants, cafés, shopping...
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New award for young executives
The Young Executives Academy organised its ‘Young executive of the year – 2015’ award programme for the first time. Annamária Tóth, the head of academy operator Coaching Team told our...
Read moreMagazine: Burnout syndrome and relationships
Basically there are two kinds of relationships: one that lifts you and another that pushes you down. Many people suffering from burnout syndrome neglect their relationships. The big question is:...
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KSH: agricultural producer prices fell by 6.2 percent in June
In June, crop products were 3.6 percent cheaper, while live animals and animal products were 10.4 percent cheaper, and the agricultural producer prices were 6.2 percent lower than a year...
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Milk producer organizations ask for immediate measures
The most affected professional associations in domestic raw milk production, the Milk Interprofessional Organization and Marketing Board, the Hungarian Animal Breeders Association the Holstein-Friesian Breeders Association the Hungarian Simmental Cattle...
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The decline in producer prices calls for an improvement in efficiency
“The agricultural prices are falling much higher than the production costs, which warns that efficiency increasing investments are needed in the sector” – Tresó István, the Head of the Division...
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