Market News
Cigarettes prices will increase next year
The new excise regulations adopted by the Parliament on 7 June 2016 do not take effect on the planned date, on 1 January 2017. The proposed new date is 1...
Read more(HU) IFS Élelmiszer-biztonsági Konferencia (2016. november 10.)
Sorry, this entry is only available in HU....
Read more
Net sales of the top 100 enterprises in Vas County has continued to grow
The net sales of the hundred most successful companies in Vas County in 2015 were more than 1116 billion HUF. Compared to the previous year, net sales increased by 17.6...
Read more
Fake drugs cause 130 billion HUF damages in Hungary
Every year, the fake drugs cause about 130 billion HUF damages in Hungary. It is 13 percent of the total domestic drug traffic and 4 percent of the fake drug...
Read more
Expansion of private labels stopped in the first half of the year
Private label grocery product sales have been growing for years, but in the first half of 2016 this expansion came to a halt: like-for-like PL grocery product sales grew just...
Read more
Drugstores strengthened their position
Paper diapers: in a 6-month period paper diaper sales were realised in the value of nearly HUF 10 billion. Value sales augmented by 5 percent and volume sales were up...
Read more
Magazine: Money travelling at the speed of light
Online banking services are now present in the life of every enterprise. Tamás Győr, head of the corporate business development directorate at Erste Bank told that they plan to expand...
Read more
Hungary produced the majority of sunflowers in the European Union
In terms of sunflower production, Hungary is in first place in the European Union. The harvested volume is more than 1.8 million tons this year – Czerván György, Minister of...
Read moreThe MVH paid 60 billion HUF advance fundings to the farmers so far
So far, the Agricultural and Rural Development Agency (MVH) paid out 60 billion HUF down payment to the farmers from European Union and national agricultural support – Gyuricza Csaba, president...
Read moreIMF: Central and Eastern Europe's economy is growing solidly
Solid economic growth occured in most Central and Eastern European and South-Eastern European economies, while the shrinkage of the gross domestic product in Russia will decline and other former Soviet...
Read more
WWF: the Hungarian population’s interest decreased towards sustainability
Over the past six years, the interest and sensitivity of the Hungarian adult population reduced significantly towards local and global sustainability issues – according to a September poll of WWF...
Read more
St. Martin's Day festivities in the Village Museum of Göcsej
St. Martin Day festivities will be held on Saturday at the Village Museum of Göcsej in Zalaegerszeg: at the whole-day event traditional ensembles will perform, handicraft workshops, work presentations, including...
Read more
Looking for the best young manager
The Academy of Young Managers announced the Young Manager of the Year competition this year as well. Annamária Tóth, the head of the academy’s operator, the Coaching Team, told our...
Read more
Magazine ads still produce the best return rates
According to Nielsen Catalina Solutions (NCS), which analysed the results of nearly 1,400 campaigns implemented in the last 11 years, the best return on investment (ROI) is generated by advertising...
Read more
Hungarian companies are keen to get their money
According to Balázs Vanek, country manager of Atradius, Hungarian companies pay special attention to collect debts from the firms that owe them money. In Hungary there is less uncollectible intercorporate...
Read more
Nielsen: the retail sales of household chemicals and cosmetics grew by five percent to 253 billion HUF
The retail sales of household chemicals and cosmetics grew by five percent to 253 billion HUF in the first eight months of the year, 5 percent more than a year...
Read more
Giant TVs drones and smartphones will be the hits of Christmas
Many people will buy large TVs, smartphones and powerful drones for Christmas this year in Hungary – Extreme Digital’s sales data reveals. The statistics also show that the gaining ground...
Read more
What does your company have to do to prepare for the GDPR regulation?
ICO, and independent data protection organisation in the UK specified 12 areas where a company needs to take steps to prepare for the new regulation: 1. Awareness, 2. Information you...
Read more
Export surplus continued to increase in August
The value of exports in euros increased by 12.5 percent, while the value of imports in euros increased by 10.9 percent in August, compared to the previous year. The export...
Read moreThe golden jaundice disease endangers two more wine regions
The golden jaundice disease endangers two more wine regions in Hungary. The government agencies have begun the assessment of the level of infection and making steps necessary for the elimination...
Read more
Economic sentiment improved in Europe
Economic sentiment improved in Europe in October in the euro zone and in the EU, because optimism increased in the industrial and service sectors. The European Union's Directorate-General for Economic...
Read moreThe NAV found cigarette smugglers in Szabolcs
The National Tax and Customs Office (NAV) caught a fifteen membered cigarette smuggling criminal organization in the region of Tiszakóród and Szatmárcseke. Simon Béla, press officer of the tax authority...
Read more
ABB Kft. appoints new managing director
Early September Taira-Julia Lammi was appointed managing director of ABB Kft. Ms Lammi has been with the company since 1997 and has already worked in several managerial positions, from quality...
Read more
ABC Data: rapid growth
IT and consumer electronics distributor ABC Data realised an outstanding 325-percent growth in the Hungarian market in the first half 2016. Managing director Gábor Poros told that the company is...
Read more
The Poultry Marketing Board encourages the purchase of Hungarian eggs and poultry products
The Hungarian eggs have good quality and are safe to eat – the Poultry Product Council (BTT) underlines. According to the organization, the Polish eggs infected with salmonella also highlights...
Read more
Promotional campaign to buy quality domestic apples
The Agricultural Marketing Centre, the Ministry of Agriculture, the FruitVeB Hungarian Fruit and Vegetable Interprofessional Organization and Marketing Board, the National Agricultural Association, the National Food Chain Safety Office and...
Read more
The “MAGYAR TERMÉK” Nonprofit Kft. is celebrating its 10th anniversary
The “MAGYAR TERMÉK” Nonprofit Kft. (“HUNGARIAN PRODUCT” Nonprofit Ltd.) is celebrating its 10th anniversary this year. The organization started with the collaboration of 13 companies. Until now, more than 150...
Read moreTwenty tonnes of adulterated honey was withdrawn from circulation by the NÉBIH
The inspectors of the National Food Chain Safety Office (NÉBIH) seized twenty tonnes of adulterated honey that contained unknown sugar. The National Food Chain Safety Office (NÉBIH) told MTI on...
Read more
Trade relations are strengthening with the wholesale market in Padua
The Hungarian partners have a turnover of 15 million euros with the wholesale market in Padua. The largest wholesale market in Italy further strengthening its ties with Hungary – the...
Read moreKSH: employment increased in the third quarter
The number of employees increased by 126 thousand over the year and reached 4 million 390 thousand in the third quarter – the Central Statistical Office (KSH) announced on Thursday....
Read more