Market News
The harvest begins
This year's harvest season has started with the winter barley harvest at the end of the week – hvg.hu wrote after Napi Gazdaság. Vancsura József, president of the National Association...
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Thirty percent of people calculate with pension salary savings
70 percent of those surveyed in 15 countries expect their pension salary from the state and from the employers and only 30 percent calculate with their own savings, the figure...
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Increased employment in the European Union
Employment increased both in the Euro Zone, both in the European Union in the first quarter of 2015. The Eurostat, the European Union's statistical office announced on Tuesday that according...
Read moreThe system of online cash registers has increased the declared revenues in Croatia
The introduction of the system of online cash registers in 2013 more than doubled the amount of revenues previously declared by the traders and entrepreneurs – Boris Lalovac Croatian Finance...
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The greatest wealth disparities are in the United States
Among OECD member countries, the most unequal distribution of wealth among the population can be found in the United States – OECD’s study reveals. According to the study of the...
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SAP’s startup programme comes to Hungary
Software company SAP launches its startup programme in Hungary too. Within the framework of the programme SAP offers its newest development platform to start-ups free of charge, so that they...
Read moreBeer sales increased by about 2 percent last year
The volume of beer sold by the Hungarian beer industry grew by about 2 percent last year, and such amount can be expected this year as well – the Association...
Read moreDomestic brewers are proud of the quality of their products
The Association of Hungarian Brewers welcomed the outcome of the examination of the National Consumer Protection Authority in a communication. The National Consumer Protection Authority (NFH) examined the quality of...
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GfK: high demand may remain for IT products and small household appliances next year
The high demand may remain for IT products and small household appliances in the coming year, as 67 percent of the Hungarians plan to buy IT and 57 percent household...
Read moreKSH: the number of Internet subscriptions continued to increase
The number of Internet subscriptions continued to increase in the first quarter 2015 and reached 7.4 million, which is 12 percent more than in the same period of the previous...
Read moreSmall abattoir in Besenyszög
Municipality-owned BES-ÁSZ Besenyszög General Service Provider Kft. starts the processing of slaughtered pig at the new facility this summer. Four or five pigs can be processed a day, which amounts...
Read moreNew food marketplace in downtown Győr
The renovation of Győr’s Dunakapu Square has been completed recently. As part of the project a food market was created: it is open every Tuesday and Friday afternoon from May...
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Eggs in the green field
Recently an egg production plant started working in Lajosmizse. The result of a HUF 1.5-billion greenfield investment is in the ownership of Mizsetáp Kft. and it is one of the...
Read moreBábolna National Stud Farm inaugurates refurbished covered riding arena
Bábolna National Stud Farm Kft. finished refurbishing its covered riding arena in Ölbő-puszta. Thanks to the HUF 210-million investment the beautiful protected old building was reborn....
Read moreFishermen can calculate with 600-million-forint in funding
The ministry has earmarked HUF 600 million for financing fisheries, aquaculture and related programmes. They will also be funding consumer educating campaigns and supporting the work of inspection authorities. n...
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Magazine: Small segments are growing fast
In 2014 the main task was doing something with the cheese surplus in the Hungarian market. Because of the Russian embargo from the second half of the year large quantities...
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Retail sales of household chemicals and cosmetics increased this year
The favorable trends continue this year in the household chemicals and cosmetics retail trade. In January-April, store sales rose by 6 percent to 110 billion HUF, compared to last year's...
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KSH: agricultural producer prices continued to decline
In April, the price of plant products was 7.4, while the price of live animals and animal products was 9.0 percent lower, than a year before. The agricultural producer prices...
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Strategic agreement to disseminate the agricultural R & D results
The National Agricultural Chamber and the National Agricultural Research and Innovation Centre (NAIK) signed a strategic agreement in Budapest for the wide range dissemination of the agricultural research and development...
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A handful of nuts a day may reduce the risk of developing deadly diseases
Snacking on just half a handful of nuts a day can cut the risk of dying from a string of major diseases, a new study reveals. Researchers found that eating...
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FM: 43 billion HUF support for the dairy sector next year
The dairy sector will receive about 43 billion HUF support in 2016, which is 20 billion HUF more than in 2010 – Nagy István, Parliamentary Minister of State of the...
Read moreQualification is not mandatory everywhere on Sundays
Those people who do not have qualifications can also sell on Sundays in some types of stores under 200 square meters, according to the national economy ministerial decree that was...
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All beers have passed the consumer protection test
The National Consumer Protection Authority tested forty different types and taste of beers. All beers have passed the consumer protection test of the food and chemical control laboratories – the...
Read moreThe World Bank reduced its growth forecast for this year
The World Bank is pessimistic in terms of the growth prospects for the world economy this year, emphasizing that the growth of the developing countries is hindered by the decrease...
Read moreA drop in foreign interest at the French wine regions
The foreign acquisition of the French wine regions decreased between 2011 and 2015, with the exception of the Bordeaux area, where by 2014 significant Chinese investments have been made –...
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USD 85-million loss caused by the sanctions
The European Union’s embargo on Russia and the Russian answer to that cause major damage to Hungary’s economy. Our agriculture loses USD 3-4 million in export revenues every day. The...
Read moreNatural soil protection favoured
In order to protect Hungary’s agricultural land, in the future the Ministry of Agriculture gives priority to using natural soil protection methods, including the use of soil bacteria. By using...
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This year OMÉK will showcase regional products
The 77th National Agriculture and Food Exhibition (OMÉK) will be organised between 23 and 27 September at the Hungexpo Budapest Fair Centre. Regional products will be in the limelight and...
Read moreEight-percent reduction in the price of pork
According to the Agricultural Economics Research Institute’s (AKI) latest report, wine production in the European Union was 167 million hectolitres in 2014, 8 percent below the level of 2013 (the...
Read moreThe further growth of online retail depends on the activity of buyers
The ratio of those who meet with online shopping for the first time is expected to decline to a single-digit by the end of the year from the current 12-14...
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