Market News
Beer is popular
Hungarian brewers sold 2 percent more (in volume) beer last year and the same sales growth is expected for this year as well. According to data published by the Federation...
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Standardised EU data protection regulation planned
The European Union plans to introduce new, standardised data protection regulation. This step would foster fair competition and help businesses to profit from the advantages of the Digital Single Market....
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200m² and smaller
200m² and smaller stores sold a bit more than HUF 11 billion worth of household chemicals and cosmetics in January-April 2015. If we examine the below-50m² channel separately, we can...
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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...
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A baguette crisis is threatening Paris
In Paris, the iconic baguette is so beloved that historic laws insist upon bakers curtailing their holidays to remain open throughout the summer months. Now, those laws have been scrapped...
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FAO: food prices on a six-year low
Food prices fell to the lowest in almost six years, led by plentiful supplies of dairy products and palm and soyabean oil, according to the UN Food and Agriculture Organisation....
Read moreFM: the Italian wine remains under lock until the completion of the investigations
Until the completion of the tracking investigations the 50 thousand hectoliters of Italian wines will be blocked by the National Food Chain Safety Office (Nébih) Fazekas Sándor, Minister of Agriculture...
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FruitVeB: the effect of extreme heat affected all plant species and varieties
Ledó Ferenc, the president of the Hungarian Fruit and Vegetable Interprofessional Organisation (FruitVeB) told MTI that the effect of extreme heat affected all plant species and varieties. Ledó Ferenc reminded...
Read moreNearly 90 percent of the winter wheat was harvested in Zala County
So far, 88 percent of the winter wheat was harvested in Zala County on a more than 20 thousand hectares of area. The average yield was 5.18 tons per hectare...
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Cofidis: 40 percent of the population repay loans
Currently, 40 percent of the 18-69 year-olds are repaying loans loans, while the ratio of new borrowers has not changed since last year, compared to the entire population. While in...
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Russians destroy tons of fruits and vegetables
The destruction of products covered by the Russian food embargo begun is in accordance with the recently signed Russian presidential decree. Vladimir Putin signed the decree on the destruction of...
Read moreIllegal tobacco processing plant was found in Kékcse
The National Tax and Customs Authority’s finance guards found an Illegal tobacco processing plant in Kékcse, Szabolcs-Szatmár-Bereg county. Dávid Zoltán, press officer of the Szabolcs-Szatmár-Bereg county customs and excise directorate...
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Nitro Circus was an enormous success!
It was a breathtaking show: the Nitro Circus tour first visited Hungary this summer and the motorsport extravaganza was a once in a lifetime experience for spectators. The biggest star...
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Consumers are in a better mood, but they are still also saving money
Hungarian consumers were more willing to part with their money in Q1 2015 than in Q4 2014. This trend is reflected in the fact that the Hungarian consumer confidence index...
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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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The grape harvest starts in Europe with the Csabagyöngye grape
The grape harvest has begun in Europe with the Csabagyöngye early ripening grape variety in Ordacsehi. A good crop is expected this year. The takeover price of the the grapes...
Read moreThe winter wheat seed supply is sufficient
The Seed Association Interprofessional Organization and Marketing Board announced the indicative price for the seeds of winter cereals. For this year the price is 93,500 HUF. As President Takács Géza...
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Chamber of Agriculture: new opportunities in the support of small farmers
The CAP-Calculator has been updated with new payment options. The CAP-Calculator informs about the new possibilities of the EU's common agricultural policy, and it can be found on the website...
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Refurbished Reál Prémium store opens in Lurdy Ház
On 29 May Reál Hungária ceremonially opened its premium-category store in Budapest’s Lurdy Ház. Zsolt Feldman, deputy state secretary of the Ministry of Agriculture was also present. Reál Hungária managing...
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László Pekó receives Cooperative Award
László Pekó, the head of NYÍRZEM group, was honoured with the ‘OSZT Cooperative Award’ for his outstanding work in retail trade by the National Cooperative Council (OSZT). Mr Pekó started...
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100-year-old contour bottle inspires Hungarian designers
Coca-Cola’s iconic bottles turns 100 this year and Design Terminál asked Hungarian artists from five different fields of art to give new functions to the bottle. Many excellent designs were...
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 4.4 percent increase of the previous month. The calendar-adjusted data shows an annual...
Read moreAnalysts expect further retail sales expansion
On the basis of the June trends the retail sales growth can continue in the coming months – the analyst of the K&H and the Savings Bank believe on the...
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Forbes list of the largest Hungarian family businesses
On the list of the Hungarian family businesses compiled by the Hungarian edition of the Forbes magazine's latest issue, the Kasza-family from Jászberény overtook Csányi Sándor. The list was published...
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A decrease occured in the sales of the Euro Zone and the EU in June
Retail sales in the eurozone fell more sharply than expected in June, a fresh sign that the currency area's economic recovery remains too weak to quickly bring down very high...
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The NAK considers the transformation of the higher agricultural education necessary
The National Agricultural Economics Chamber (NAK) considers the transformation of the higher agricultural education necessary, to provide complex practical knowledge to the students, instead of the current too specialized training...
Read moreThe RMDSZ would support a two-step VAT reduction in Romania
The Democratic Union of the Hungarians in Romania (RMDSZ) would support a two-step VAT reduction in Romania – Kelemen Hunor the president of RMDSZ indicated on Wednesday in an interview...
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Automation is unavoidable
ogistics and warehousing are fields where all relevant informatics solutions are worth using if one wants to increase efficiency and retain their competitiveness. As hardware and sensor prices are going...
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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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