Market News
FM: The food traceability is a precondition for competitiveness
The food traceability is a precondition for competitiveness, because the consumer wants to buy guaranteed safe food products – the Minister of State of the Ministry of Agriculture (FM) said...
Read moreNielsen: sales strategies to encourage the purchase without borders
The online commerce is extending towards the mobile Internet, and the new technologies create unprecedented access to different products. The demand in local stores will no longer limit the consumers'...
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Budai Gyula expects the lifting of the Russian embargo
Among the EU Member States, more and more people believe that the maintaining of the Russian embargo is useless, so chances are good that the issue will be solved in...
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Soybean production is ramping up by the EU’s direct subsidies
One of the biggest challenge for crop producers last year was the convertion to the European Union’s direct aid. Among the new support conditions soybeans have become hit products, while...
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Russian shopping centers on a roller coaster
According to the practice of the recent years, New Year’s Eve brought the the highest retail sales in Russia, because the Orthodox Christmas begins on January 7. According to the...
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Prices in the EU and in the euro zone increased slightly
Inflation rose slightly in December in the euro zone and in the European Union – the EU's statistical office, the Eurostat announced on Tuesday. Compared to the previous year, consumer...
Read moreThe Hungarian companies issue invoice abroad more than the European average
In Hungary, significantly more invoices are issued to the companies' foreign partners than at the European average. In the last two years, this occured mostly in retail and wholesale trade,...
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Ukraine imposed a ban on imports of Russian vodka and tobacco
The Ukrainian government banned seventy types of Russian products on Wednesday in Kiev – Arszenyij Jacenyuk prime minister announced. The disposal of Ukrainian Cabinet of Ministers to impose an embargo...
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European Commission to implement ‘digital’ VAT reform
In the European Union the biggest challenge ahead of e-commerce businesses that deliver abroad is the different VAT systems of various countries. The European Commission (EC) started a dialogue with...
Read moreThe NAV has published the list of the pork products falling under the 5 percent VAT
The information on the list of the pork products falling under the 5 percent VAT has been released on the website of the National Tax and Customs Authority. The half-carcases,...
Read moreThe Nébih and the beekeepers together for the Hungarian honey
The beekeepers and the food safety authority will protect the quality Hungarian honey together in the future – the National Food Chain Safety Office (Nébih) told MTI on Tuesday. According...
Read moreThe local government of Gyula plans to build a huge swine processing plant
The local government of Gyula is working on the plans of a huge swine processing plant that would be capable to cut and process nearly one million pigs. Such a...
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GINOP: more than 1,000 billion HUF for economic development
More than 1,000 billion HUF new source will be available for economic development and innovation, research and development in 2016 – the Ministry of National Economy (NGM) informed on Tuesday....
Read moreIMF: global economic growth accelerates slower than expected
The International Monetary Fund (IMF) once again cut its outlook for the world economy, warning Tuesday that economic turmoil in China and financial contagion throughout emerging markets threaten to curb...
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The Hungarian National Trading House provided the participation of two Hungarian startup companies in Las Vegas
The Hungarian National Trading House (MNKH) provided the participation of two Hungarian startup companies for the first time at the innovative technologies exhibition in Las Vegas. Ducsai-Oláh Zsanett CEO of...
Read moreGerman and eurozone economic sentiment worsened at the beginning of the year
The German economic sentiment deteriorated less than expected in January, underlining optimism over the health of the euro zone's largest economy, industry data showed on Tuesday. In a report, the...
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Magazine: Trade marketing in the digital world
The physical and virtual worlds seem to be merging in the field of marketing too. On 5 November the members of Trade Marketing Club met to discuss the pros and...
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Apples and pears from the EU can be transported to the U.S.
Apple and pear exports became available from European Union to the United States. Thus, the European producers may get a new sales opportunity after they lost a substantial part of...
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The weight of agriculture need to be increased in bank lending
The agricultural sector can be the break out point of the banking world in the coming years, therefore, to increase the share of agricultural companies need to be increased in...
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Nébih: Hungarian consumers are safe
The National Food Chain Safety Office (Nébih) will do everything possible to provide adequate quality Hungarian products to the consumers – Barátossy Gábor, the deputy director of Nébih’s wine and...
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Farm from a Box
The Farm from a Box helps the Third World communities, or natural disaster hit villages to produce the most important products – agraszektor.hu wrote after blog.syngenta.hu. The Farm from a...
Read moreNGM: new applications appear supporting the public service and startup businesses
On Monday two applications will appear that will support public service and startup businesses to enter into the market. The applications will be published within the Economic Development and Innovation...
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NHS would introduce sugar tax in hospitals to tackle UK obesity crisis
The NHS plans to impose its own sugar tax in hospitals to help tackle the “national sugar high” increasingly ruining people’s health, the service’s boss reveals. Hospitals across England will...
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The bird flu is attacking again
The federal agriculture ministry registered bird-flu disease in the United States in Indiana – agrarszektor.hu wrote. They warn that only rapid response may prevent from larger outbreak. Since the spring...
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Income differences: deepening gap
Global economic inequality is deepening, with only 62 individuals owning as much wealth as the 3.5 billion people in the bottom half of the world's distribution of wealth. That calculation...
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Robots may make millions unemployed
isruptive labor market changes, including the rise of robots and artificial intelligence, will result in a net loss of 5.1 million jobs over the next five years in 15 leading...
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The simplest way to get your own solar panel system
MVM Partner Zrt. offers companies consulting, system planning, implementation, funding opportunity search and maintenance services in a single package if they wish to build a solar panel system. Energy trader...
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200 m² and smaller
Sales trends in the category of 200m² and smaller shops took two different directions between December 2014 and September 2015: in the 51-200m² channel grocery sales grew 1 percentage point...
Read moreThe price of crops increased
Last November, the agricultural producer prices increased by 5.5 percent, compared to the same period of the previous year. The increase is related to the 13.7 percent the increase in...
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Nébih: the winter seasonal food chain control in 2015 ended with positive experiences
With a few glaring cases, the winter seasonal food chain controls ended with positive experiences in 2015. During the winter seasonal food chain control carried out in December 2015, the...
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