Market News
GMO-free trademark for alternative trade supply
The GMO-free Hungary Association seeks to the introduction of GMO-free trademarked products. The association hopes that by the end of the year, early next year, these GMO-free trademarks may appear...
Read moreHungary’s bread is provided
Hungary’s bread is provided. The harvest of winter wheat ended on one million hectares. 5 million tonnes has been harvested thanks to the hard work – the Minister of Agriculture...
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Euro Zone’s PMI decreased in July
Business activity in the 19-member euro zone eased in July, suggesting the recovery lost momentum at the start of the second half of the year, a survey released on Friday...
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Mobile payment on Android too
Google has announced the launch of its own mobile payment system. Android Pay can be used when buying online or in a physical store. Visa, MasterCard, American Express or Discover...
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Giving consumers real experiences
Róbert Pintér, a trend researcher with eNet told at a business forum organised by Samsung that the relationship between brands and consumers keeps evolving. In his view the most important...
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Confusion about the VAT payment date rules
It is not the payment deadline as contained in 58. § (1) of the VAT Act but the last day of the settlement or payment period that shall apply for...
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Client-side encryption
Tresorit Kft. specialises in secure cloud storage with client-side encryption. Company founder and managing director István Lám told us: the problem with server-side encryption is that users lose control of...
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Magazine: Hair care products enhanced with oils and oxygen
Global beauty care trends influence the hare care category too. Debóra Blaumann, Unilever’s junior brand manager informed our magazine that a premiumisation process is taking place: brands formerly targeting masses...
Read moreKSH: retail sales rose by 4.4 percent in May
The volume of retail sales in May 2015 increased by 4.4 percent, according to the raw data, while calendar effect adjusted the growth was 5.4 percent, compared to the same...
Read moreThe deferred purchases have increased retail sales
The deferred purchases of recent years increased retail sales -according to analysts polled by MTI, who responded to the data of the Central Statistical Office (KSH) that was published on...
Read moreNébih: Hungary’s food security level remains good
The level of food safety in Hungary continues to be good, because less than 0.9 percent of the notifications in the EU’s rapid alert system were related to products produced...
Read moreWheat harvest is expected to be completed in the country by the end of the week
The wheat harvest is expected to be completed by the end of the week in Hungary, because the weather was favorable during the time of the harvest – the president...
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Melon growers are complaining about too low purchase prices
The melon growers of Medgyesegyházam, Békés County are talking about tragically low purchase prices. Many of them told that they are thinking about the termination of their activities for the...
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The fruit and vegetable producer organizations will receive additional national support
Additional national support will be given to the fruit and vegetable producer organizations – the Ministry of Agriculture (FM) told MTI on Thursday. According to the notice, the committee approved...
Read moreShocking images on the cigarette packs in Slovakia
From the next year, Slovakia also introduces the shocking images on the cigarette packagings – the Slovak TASR news agency wrote on Wednesday, referring to the information provided by the...
Read moreBioenergy has great potential
K&H and Agrár Európa Kft.’s Agriculture Club invited Heinz Kopetz, president of the World Bioenergy Association to talk about Hungary’s great bioenergy potential by comparing our situation to other countries’....
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About WUWM
The World Union of Wholesale Markets (WUWM) was established in Germany in 1958 and its objectives include sharing experiences and emphasising the role marketplaces play in the retail trade system...
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Consumer confidence index above the European average
In Austria the consumer confidence index (CCI) is 82 points, which is a higher score then the European average of 77 points. 53 percent of Austrians think positively of their...
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Successful municipality-owned meat plant in Gyula
After the former financial troubles the now 100-percent municipality-owned Gyulahús Kft. is stable and generates profit. In December 2012 the municipality got HUF 1.8 billion from the government to save...
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The Tokaj Trading House has increased its grape buying prices
This year, the state-owned Tokaj Trading House Ltd., pays more for grapes to the farmers. Major technological developments began at the company, and the unique soil site and plantation mensuration...
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SMEs have not expected such a profit for a long time
The domestic SME sales and profit expectations grew with a huge pace, has not seen for a long time. A price income of 5.7 percent and a revenue growth of...
Read moreMost people plan to buy mobile, cleaning machines and TV-sets
Most of the Hungarians (23 percent) plan to buy a mobile phone in the next three months, 14 percent of them some kind of cleaning equipments, 13 percent of them...
Read moreThe rules on smoking to be tightened further in Italy
According to the announcement of the Italian Ministry of Health, smoking will be tightened in Italy, as well as the rules of packaging: shocking images to be placed on the...
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Traditional jam from Környe
They are building a jam factory in Környe, where traditional jams – containing no flavouring or preservatives – are going to be made. Owner Zsolt Kiprich told that the investment...
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Hortobágy geese in Russia
Hortobágy Goose Breeding Zrt. established a EUR 2-million joint venture with Kazan-seated company Ekoferma Zvenigovo. In three years EUR 12-15 million will be invested in the new firm and 1,500-1,700...
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Cattle farms built in Felsőkelecsény
Szuhamenti Agrár Kft. and Szuha-Fauna Kft. built cattle farms in Felsőkelecsény and Ragály from HUF 800 million. 300 cows can be kept at the new farms and as the result...
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One-billion-forint development in Herbro’s hatchery
One billion forints were invested in doubling the production capacity of Herbro Kft.’s hatchery in Hernád. HUF 400 million came from the company, HUF 245 million was from the rural...
Read moreStaff reduction and overtime in retail trade
The number of retail workers further decreased in May, although the rate of decline is far less than in April, which was the first full month after the Sunday store...
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Marketing Campaign to purchase Hungarian dairy products
The government would encourage the consumers with a marketing campaign to purchase Hungarian dairy products. The government aims to help the Hungarian dairy farmers who are in a difficult situation,...
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Hungarian melon consumption increased by twenty percent during the campaign
Melon consumption in Hungary increased by twenty percent during the four-week campaign aimed at the promotion of melon – the Minister of State of the Ministry of Agriculture told on...
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