Market News
KSH: 709 million euros trade surplus in January
The volume of export was 7.4 percent higher in January this year, than in January 2014. The volume of import was 5.8 percent higher. The trade surplus increased by 202...
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The Hungarian Reformed Charity Service distributes five hundred tons of potatoes before Easter
Five hundred tons of seed and eating potatoes will be distributed by the Hungarian Reformed Charity Service nationwide before Easter. So far, the donations were distributed in about 70 settlements...
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Magazine: Breakfast cereals go functional
Last year’s winners were muesli and cereal bars – Klaudia Takács, associate marketing manager with Nestlé Hungária Kft. told Trade magazin. Both categories produced a two-digit sales growth, and the...
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They not only give energy, but great flavour experience too
Since the easing of the public health product tax (NETA) burden in 2013 the energy drinks market has been growing with dynamics of former years. The NETA has also cleansed...
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Szentkirályi nears ten billion
In 2014 Szentkirályi group realised HUF 9.6 billion in sales, performing almost 10 percent better than in 2013. The group’s market share grew to an all time high 20 percent...
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Sales remain concentrated
Mineral water is key in grocery retail: it is the fifth biggest grocery category in the 90 audited by Nielsen. Between December 2013 and November 2014 mineral water sales were...
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Small shops’ share in sales grows further
Energy and sports drinks were sold for HUF 18 billion between December 2013 and November 2014. Value sales rose 16 percent and volume sales expanded by 12 percent. Small shops...
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The Hungarian dairy sector can be the winner of the EU milk quota termination
The Hungarian dairy industry is prepared to work within the new system after the EU terminates the milk quota from 1 April. Czerván György Minister of State of the Ministry...
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Brewers’ Association: the domestic consumption of Hungarian beers increased last year
The domestic sales of the Hungarian beer industry increased by 2 percent last year. The sales of premium beers increased as well, but the expansion of nice-priced beers continued also....
Read moreNielsen: the personal relationships are increasingly being replaced by electronic tools
Nielsen’s recently released study titled “The battle for viewers all around the world where TV is available everywhere” describes the rapid development of digital technology and what the consumers mostly...
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Easter checks: irregularities became more serious
Inspectors imposed 7.5 million HUF fines during the Easter consumer controls that were launched in early March. Last year irregularities were found at 43 percent of the stores. This year...
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The Hungarian shop-assistants smile more than last year
The quality of Hungarian customer service seems to catch up to the world average in terms of smiling, greeting and related sales. Hungary is still lagging behind the leading countries...
Read moreGerman retail sales in line with the expectations
The German retail sales increased in line with analysts' expectations on a yearly basis, while compared to the previous month the volume of retail sales reduced in February. According to...
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The future of agriculture
Hungarian daily Világgazdaság organised a conference titled ‘Agriculture of the future – the future of agriculture’ on the most important issues in Hungarian agriculture. György Czerván, secretary of state at...
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No change in the certification fee
The Hungarian Chamber of Agriculture (NAK) issues about 9,000 certificates of origin a year for exporting companies. The certification fee has been the same since 2004 and NAK won’t increase...
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Payment solution – for mobile apps
Cellum announced at The App Summit conference, held in Orlando (Florida), that they had developed Plug and Pay: a mobile payment solution that can be integrated into mobile apps by...
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Hungaricum grape varieties go through a renaissance
According to Péter Gál, deputy state secretary at the Ministry of Agriculture, there is great potential in special Hungarian grape varieties. Mr Gál is convinced that Hungarian wines are unique,...
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Wildlife management conference
At the wildlife management conference organised at the FeHoVa trade fair NAK president Balázs Győrffy talked about the concept of the new hunting law. The new law will stipulate that...
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Malls: the longer opening hours will not compensate for the Sunday closure
Since the law on Sunday store closure entered into force, the Friday, Saturday traffic strenghtened at the malls, but this do not compensate for the lost Sundays – Balatoni Judit,...
Read moreCetelem: European consumers are more and more conscious
The European consumers are buying more and more conscious, especially the Hungarians, who use comparison sites when purchasing – the Cetelem Körkép 2015 (Cetelem Panorama 2015 reveals). The Cetelem Körkép...
Read moreIAB Hungary: the largest advertising market may be online this year
The largest segment of the domestic advertising market may be online this year surpassing the television advertising revenues if the trend of the recent years will not change – Novák...
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A growing number of branded food products in the shop of local products in Kaposvár
Within the Kaposvár Kincse (Treasures of Kaposvár) program more and more branded food products are added to the range of the shop of local products in Kaposvár. The program is...
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The economic sentiment improved further in the euro zone in March
According to the report of the European Union's Directorate-General for Economic and Financial Affairs (EcFin), the economic sentiment improved significantly in the euro zone in March. The analysis was released...
Read moreThe market of online industrial auctions increased dynamically
Last year, the total sales volume increased by 100 million HUF, compared to 2013. The number of registered customers has doubled in one year – told the Intergavel Aukciószervező Kft.,...
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The Nébih has no informations about the paprika tests
The ministry and the Nébih have no informations about Greenpeace’s pepper-assessment. It was said that Moroccan and Jordanian shipments contained several contaminated samples. Zsigó Róbert, Minister of State of the...
Read moreThe Romanian grape harvest fell by more than one-fifth last year
Last year, the grape harvest in Romania decreased by 20.8 percent. The planted area shrank by 0.6 percent compared to the year before – the Romanian national statistical institute announced...
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Magazine: Convenient solutions in cleaning (Part 2)
General cleaners can be found in practically all households. These products are most frequently used for large surfaces, for instance when washing the floor. According to Henkel’s expert Bernadett Vékásy,...
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Ministry of Agriculture: the food industry can become more competitive by innovating
Innovative, efficient and modern technology-using food industry enterprises can count on HUF 300 billion in funding from the European Union’s budget. The Ministry of Agriculture announced that HUF 200 billion...
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The OKSZ expects strong Easter turnover
The National Trade Association (OKSZ) is expecting similar strong commercial traffic this Easter as last year’s. Vámos György, Secretary General of the Organization told MTI that experience has shown that...
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Dairy Product Council: the dairy sector needs 40-50 billion HUF
The EU milk quota system that was established 31 years ago will be terminated within a few days. From 1 April, only the possibilities and the capabilities of the Member...
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