Market News
Fifteen thousand bottles of fake perfumes were seized in Northern Hungary
Fifteen thousand bottles of fake branded perfumes were seized by the National Tax and Customs Administration’s (NAV) finance guards on Friday night on the M3 motorway’s north-Hungarian section – the...
Read moreBeer 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...
Read more
Magazine: The cloud is growing
The cloud is basically turning the most modern info-communication capabilities into public utilities – says Péter Budai, cloud and enterprise business group lead at Microsoft Hungary. Broadband internet connection is...
Read moreNAV: road toll cameras serves EKÁER well
With using road toll cameras in EKÁER (Electronic trade and transport Control System) it is now possible to detect if trucks which – based on transport documents – should carry...
Read more
Nébih: consuming vegetables and fruits sold by public roads do not pose risk to health
Nébih (National Food Chain Safety Office) has been testing vegatables and fruits sold by busy public roads. According to their laboratory tests the products do not or hardly contain any...
Read more
Decreasing price rises during June in European Union
Annual inflation has been decreased in both the euro area and the entire EU – based on results of June compared to May; on monthly basis there was no change....
Read more
Are prices really increasing or is it just how we feel like?
While statistics show minimal inflation for the time being daily impression of people shows harsh price rising – hvg.hu managed to find the root of this symptom. Apparently we pay...
Read more500 years old wine-grape re-naturalised in France
Vine-pest in the 19th century perished all vineyards in France – except one in Soings-en-Sologne, 35 kilometres from Château de Chambord. At this only vineyard they have preserved some grapevines...
Read more
Carlsberg targets the point of purchase
Priyadarshini Sharma, Carlsberg’s international director of premium brands talked to Marketing magazine about the importance of the point of purchase. In his view most campaigns fail when it comes to...
Read more
Investment by SMEs may grow by one third this year
A survey conducted by Budapest Bank found that more than half of Hungarian SMEs realised sales growth in 2014. They implemented 56 percent of the investments they had planned. This...
Read moreBrussels is investigating food chain supervision fee and healthcare contribution of tobacco companies
European Commission has initiated an investigation regarding supervision fee required to pay by food chains and also regarding healthcare contribution fee affecting trade of tobacco products in order to find...
Read moreNielsen: Retail food sales has grown in terms of value and volume
Retail food sales has reached nearly 750 billion HUF between December 2014 – May 2015 amongst the 90 product categories measured by Nielsen. This means 4 percent increase compared to...
Read moreHungarian Trade Association (OKSZ) appointed officers
Hungarian Trade Association (Országos Kereskedelmi Szövetség) has appointed officers at its general assembly – wrote napi.hu. This organisation is involved in one third the entire national retail sales and also...
Read more
Syngenta: it would be worth to brand the Hungarian watermelons
It would be useful to brand the Hungarian watermelons to make it easier for consumers to recognize high-quality products – Antal Gyula, the professional manager of the Vegetables business at...
Read more
Scientists from Debrecen to analyse Tokaji wines
As per the agreement between village Mád and University of Debrecen (DE) concluded on Wednesday scientists from Debrecen will be analysing Tokaji wines. During the press conference after signing the...
Read moreMore than 5000 packs of smuggled cigarettes found in a garage in Szeged
Customs police found more than 5000 packs of untaxed cigarettes and 2,5 kgs of fine cut tobacco in Szeged in a garage and a vehicle parking in front of it...
Read more
A banana tree in Nagykanizsa bears fruit
The banana is ripening in Nagykanizsa. A local couple has planted a banana tree, which after 8 years of waiting – turned to bear fruit. MTI Photo: Varga György The...
Read moreChinese economic growth is 7.0 percent again in Q2
Similarly to Q1 results Chinese GDP has grown 7.0 percent between April and June – Hungarian Central Statistical Office informed on Wednesday. Growth of the world's second largest economy slightly...
Read more
What consumers think or feel
In a 60-country study Nielsen asked consumers to finish the following sentence: ‘When you think about buying groceries and personal care products…’ The table contains five types of answers given...
Read more
KSH: agricultural producer prices continued to decline
In May, the price of plant products was 6.7, the price of live animals and animal products was 10.4 percent cheaper, and the agricultural producer prices were 8.1 percent lower...
Read moreEKÁER: problems with the amendment
The EKÁER (Electronic Road Transportation Control System) regulation changed at a relevant point in terms. From June, EKÁER number should be requested in case when the transportation is carried out...
Read more
Hungary is a major beneficiary of EU funds
In terms of funding Hungary remains one of the largest net beneficiary of the EU, over the next seven years – Szűcs Tamás, the Head of European Commission’s Representation in...
Read moreThe negotiations can start in the EU about the GMO exemption
The European Union negotiations on genetically modified-free organisms (GMO free) food and feed will begin – the Ministry of Agriculture (FM) told MTI on Tuesday. According to the communication, Nagy...
Read more
The Spanish shipment arrived to Hungary instead of Romania
According to the transport documents, the truckload of Spanish fruit and vegetables should have been transported to Romania, not to Hungary. The ekáer Working Group of the National Tax and...
Read moreThe German business sentiment index declined in July
The German business sentiment index declined from the previous month's 31.5 points to 29.7 points in July – the Mannheim-based ZEW economic research institute announced on Tuesday. The long-term average...
Read moreThe inter-professional organization is promoting the development of the grape and wine sector
The inter-professional organization is a good tool to promote the development of the grape and wine industry – the Deputy Minister of State of the Ministry of Agriculture (FM), told...
Read more
A drop in US retail sales
The US retail trade turnover suffered an unexpected setback in June – portfolio.hu wrote. While the market expected a 0.2 percent expansion on a month per month basis, according to...
Read moreFM: the US authorities are satisfied with the Hungarian Food Safety Authority System
The US authority (FSIS) are satisfied with the Hungarian Food Safety Authority System, so the companies producing and distributing pork and pork products may find additional US export opportunuities. The...
Read more
The producer cooperatives to be assessed
The National Agricultural Economics Association (NAK) in cooperation with the Hungarian Academy of Sciences (MTA) will carry out a survey on the economic and social conditions of producers' cooperatives –...
Read moreThe amount of the cherry crop is below expectations
One thousand tons were expected, but the amount of cherries is slightly below 900 tons – Pusztai József executive director of Hunapfel Kft., Békés county’s largest cherry producer told MTI...
Read more
