Market News
53 billion HUF for water management until 2020
Date: 2015-07-13 11:34:31
In the new EU budget period Hungary can spend 53 billion HUF on water management tasks – Mezei Dávid, Deputy Minister of State of the Prime Minister’s Office The Deputy...
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The harvest of autumn barley and rapeseed has ended in Békés County
Date: 2015-07-13 11:33:14
Outstanding autumn barley yield occured this year in Békés County – Barabás Béla, secretary of the Békés County Farmers' Federation told MTI on Monday. The average yield per hectare in...
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One glass of red wine is equivalent to an hour at the gym
Date: 2015-07-13 11:10:29
According to researchers of the University of Alberta in Canada the resveratrol, a compound found in red wine has health benefits similar to those we get from exercise. According to...
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The HNT asks its members to block Italian origin wines
Date: 2015-07-13 11:05:39
The National Council of Wine Communities (HNT) draws the attention of its members to block their Italian origin wine stocks and withdraw the already delivered Italian wines from the shelves,...
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More money for the Bocuse d’Or competition
Date: 2015-07-13 10:45:29
The government doubled the sum for supporting the Bocuse d’Or chef competition from the central budget: next year the contest’s European final will take place in Budapest and the organisers...
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Five a day is OK
Date: 2015-07-13 09:57:11
The European Food Safety Authority conducted a study with 66,531 participants on the food safety aspects of caffeine consumption. They found that a maximum 400mg daily caffeine intake is perfectly...
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Manufacturer brands stayed strong
Date: 2015-07-13 09:11:03
Shower gel is in the top 10 of the 70 household chemical and cosmetics categories audited by Nielsen. Sales were worth HUF 15 billion in the March 2014-February 2015 period,...
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When times are hard, product selection and prices become more important
Date: 2015-07-13 08:22:59
In Q1 2015 consumer confidence dropped further in Russia: it was at 72 points (Q3 2014: 87 points, Q4 2014: 79 points). At the end of last year the rouble’s...
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E-money in the cash registers
Date: 2015-07-10 11:55:33
More than a thousand cash machines authorized by the NAV were transformed into machines that accept e-money. Soon we can pay with e-money in public kiosks and tobacco shops. The...
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Better than medium quality wheat crop is expected this year
Date: 2015-07-10 11:40:53
This year, better than medium quality wheat crop is expected, according to the preliminary estimates. About twenty percent of the winter wheat sown on one million hectares has been harvested...
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Lawsuits may also take place due to the GMO ban
Date: 2015-07-10 11:31:16
Neither the Constitution nor the recent amendment of the genetic engineering law is not capable to prevent from the Hungarian appearance of the genetically modified organisms (GMOs) – Darvas Béla...
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Brussels is optimistic about the agricultural markets
Date: 2015-07-10 11:30:31
The European Commission published its short-term forecast on the the agricultural markets on Friday. The forecast projects a positive image of production and the meat industry. Brussels notes that last...
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The climate change is a threat to the survival of bumblebees
Date: 2015-07-10 11:07:07
Bumblebees already have to contend with lethal infections, deadly pesticides and habitat loss due to agriculture and urban development. A new study shows they have another cause for worry: climate...
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A shipment of illegal cloths was detected with ekáer
Date: 2015-07-10 11:05:17
On the basis of the data of the ekáer road toll cams, the National Tax and Customs Administration (NAV) detected shipment of illegal cloths – the NAV told MTI. The...
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Promising start of the year in grocery retail
Date: 2015-07-10 10:33:58
Grocery retail sales improved once again: sales were up 5 percent in value and grew 4 percent in volume between December 2014 and March 2015 in the 90 categories audited...
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Beer season
Date: 2015-07-10 10:24:29
Beer sales expanded once again last year, despite that the weather wasn’t always ideal for drinking beer. Zita Szederkényi, senior corporate affairs specialist at Dreher Breweries Zrt. told our magazine...
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L’Oréal growth despite the market uncertainty
Date: 2015-07-10 09:34:34
Despite the slow growth in Western Europe L’Oréal’s sales expanded by 14 percent in Q1 2015. Sales amounted to EUR 6.44 billion. Luxury products and active cosmetics were the driving...
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KSH: exports grew and imports declined in May
Date: 2015-07-09 11:50:20
The euro-denominated value of exports increased by 2.5 percent in May, while imports were 0.7 percent lower than in May 2014 – the first estimate of the Central Statistical Office...
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Hungarian-Russian cattle breeding negotiations
Date: 2015-07-09 11:48:02
Budai Gyula, the Ministerial Commissioner of the Ministry of Foreign Affairs and Foreign Trade Relations negotiated with Sergei Levin, Deputy Minister of Agriculture about the foundation of a Hungarian-Russian joint...
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The Ministry of National Economy does not expect serious inflation
Date: 2015-07-09 11:47:37
The consumer price trend is in line with the estimate of the Ministry of National Economy (NGM). The Ministry does not expect serious inflation in the rest of the year....
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Analysts: foreign trade continues to perform at a high level
Date: 2015-07-09 11:45:38
The Hungarian foreign trade continued to perform at a high level, the dynamics of growth in the longer term will depend on the evolution of export capacities – according to...
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MNB: the NHP contributed to Hungary's GDP growth with more than 1 percent
Date: 2015-07-09 11:35:18
The NHP is the growth credit program of the National Bank of Hungary (MNB). The NHP is supporting micro, small and medium-sized companies to access credit, to expand investments and...
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Hopefully there will not be yield losses in case of corn
Date: 2015-07-09 11:30:52
Hopefully there will be yield losses in case of corn as heat has stopped – the president of the National Association of Grain Producers (GOSZ) told MTI on Thursday. Vancsura...
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The growth of the Czech retail sales continued in May
Date: 2015-07-09 11:05:02
The data of the retail index indicated an annual increase of 5.4 percent after the 6 percent of April – the Czech Statistical Office (CSU) announced in Prague on Tuesday....
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Children posters to raise awareness to road safety
Date: 2015-07-09 11:03:10
The Mercedes-Benz factory in Kecskemét announced a road safety poster competition within the company’s MobileKids Program. The best works were exhibited in the town at 10 busy points to drawn...
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Forbes Top 2,000 global companies
Date: 2015-07-09 10:43:57
On 6 May Forbes published its latest ranking of the world’s biggest companies. Instead of the former 3 now we find 4 Chinese banks at the top of the list....
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The Kopint- Tárki expects a 3.2 percent growth and 0.5 percent inflation
Date: 2015-07-08 11:55:17
The Kopint-Tárki Konjunktúrakutató Intézet Zrt. business climate research institute is expecting a 3.2 percent GDP growth and 0.5 percent inflation in its latest projection. Palócz Éva, chief executive of Kopint-Tárki...
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The price of food and alcoholic beverages have risen
Date: 2015-07-08 11:53:18
In June, consumer prices were on average 0.6 percent higher than a year earlier, while compared with May consumer prices rose by 0.2 percent – the Central Statistical Office (KSH)...
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GKI Digital: the turnover of the 10 largest web stores exceeded 50 billion HUF in Hungary
Date: 2015-07-08 11:50:22
The turnover of the 10 largest web stores operating in Hungary exceeded 50 billion HUF, with nearly 3 million purchases – according to GKI Digital’s research which ranked the e-retailers...
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If summer, then melon: the melon season has started without scandals
Date: 2015-07-08 11:33:16
If summer, then melon: if melon, then melon campaign. The Agricultural Marketing Directorate of the Hungarian National Tourist Office launched a promotional campaign again this year to promote fresh, domestic...
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