Market News
The performance of the livestock sector has increased
Czerván György, Minister of State for the Ministry of Agriculture spoke about the production capacity expansion of livestock in 2014 at M1 news channel’s agricultural show on Saturday. He told...
Read moreAlmost 6 billion HUF EU support to develop domestic logistics
Fifteen companies won almost 6 billion HUF EU support within the Economic Development Operational Programme (GOP) – Rákossy Balázs Minister of State responsible for the use of EU funds told...
Read moreThe proportion of smokers decreased in the EU
The proportion of smokers decreased by two percentage points, from 28 to 26 percent, compared to 2012 in the European Union – according to the lastest Eurobarometer survey. According to...
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Asia is the favorite of the international retailers
The Japanese capital is the most attractive for the international companies entering a new market. 63 new brands arrived new last year to Tokyo, followed by Singapore with 58 new...
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Nébih: About half of the nutrients does not meet the standards
The National Food Chain Safety Office (Nébih) tested nutrients during its latest product test session. During the comprehensive test involving 50 products, some problems occured at nearly every second product....
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All the face primers met the requirements at the consumer protection test
The National Consumer Protection Authority (NFH) tested face primers. All of the 19 products met the requirements. The National Consumer Protection Authority (NFH) announced on Tuesday that on the basis...
Read moreGrowth in the beer market
On 1 April the Federation of Hungarian Breweries reported that beer sales expanded by 2 percent last year. Altogether 6.2 million hectolitres of beer were sold by the big four:...
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Magazine: Meeting for the first time
The first impression is very important when meeting someone for the first time: only if both parties are attracted to one another will they be motivated to meet for a...
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Nielsen: Hungarian grocery store turnover increased above the average
The domestic food stores sold 4.9 percent more products in terms of value, while 3.0 percent more in terms of volume, during the first quarter of this year than during...
Read moreThe GKI expects a two and a half percent economic growth
According to the forecast of the GKI Gazdaságkutató Zrt. economy research company, the Hungarian economy will increase more rapidly even after 2014 than the EU average. The EU average is...
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KSH: the quarterly trade surplus is close to 2.5 billion euros
In this year's first quarter exports were 7.7 percent higher, while imports were 5.7 percent higher than a year before. The quarterly export surplus increased by 531 million euros to...
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Two Rossmanns were re-opened on the first day of summer
On 1 June two Rossmann drugstores were re-opened after renovations in two different parts of the country. The store in Dombóvár and Csorna are waiting for the customers with extra...
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Although it is more expensive, the majority of the small companies say it is worth to advertise on Facebook
Although the number of the free advertising opportunities are decreasing on the Facebook pages, the majority of firms say it is worth to advertise on Facebook – the latest research...
Read moreVAT on food decreased by 9 percent in Romania
The government decree on the extension of the reduced VAT rate entered into force in Romania on Monday. The manufacturer and distributor companies should use a 9 percent VAT rate...
Read moreCharity football tournament to help sick children
Drugstore chain dm organised a charity football tournament for the first time on 14 March. Cewe Hungary, Colgate–Palmolive Hungary, Primőr Cosmetics Kft., Forest Paper, Prestige Products Hungary, Johnson & Johnson,...
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The positive trend in grocery retail continues
Between February 2014 and January 2015 grocery stores’ sales neared HUF 1,480 billion – 5 percent more than in the base period. At the same time volume sales increased by...
Read more400 billion HUF will be given to the farmers under the unified agricultural subsidies
The Hungarian farmers can be given 400 billion HUF under the unified agricultural subsidies. Application deadline is 9 June. Gyuricza Csaba the president of the Agricultural and Rural Development Agency...
Read moreThe annual output of the Hangya Cooperative is around 300-350 billion HUF
The annual output of the members of the Hangya Cooperative (Hangya Szövetkezeti Együttműködés) is around 300-350 billion HUF – Patay Vilmos, co-chairman of the cooperation said in Budapest at a...
Read moreHalf of the world's population will go online by 2019 Cisco predicts
Cisco’s latest Visual Networking Index (VNI) forecast has claimed that about half of the world’s population (3.9 billion people) will use Internet by 2019. This is despite the number of...
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The Nébih seized hundreds of illegally sold yield enhancing substances
The Nébih seized several hundreds, illegally sold yield enhancing substances, in a value of 61 million HUF during last week's actions. the NÉBIH told MTI on Friday . The inspectors...
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Plant production in space may start
The German BASF chemical company is backing a student-led research project that aims to examine how food crops can be grown on the international space station – the agrarszektor.hu wrote....
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Scientist found the oldest tea in Britain
The discovery of the oldest known specimen of the nation's favourite drink has proved Britons' love affair with tea dates as far back as the 1700s. The dried green tea...
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Personalised cosmetics from Yamuna
A new service from natural cosmetics company Yamuna Kft. in their online shop: from 20 April body butters and premium, cold-pressed soaps can be ordered with a customised label. Names,...
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Information is power – on product labels too
In the case of special products many manufacturers advertise their products with its composition – ingredients they have or don’t have. László Kun, head of industrial sales with Bizerba Scales...
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CD enters the market
Traditional German cosmetics brand CD enters the Hungarian beauty product market. The CD Reinheitsgebot marking they use on products guarantees that these cosmetics are free from parabens, silicone, mineral oil,...
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Information is power – on product labels too
In the case of special products many manufacturers advertise their products with its composition – ingredients they have or don’t have. László Kun, head of industrial sales with Bizerba Scales...
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The ministry is committed in the promotion of the Hungarian milk
After the termination of the milk quota system, the Ministry considers to stimulate the demand for healthy high-quality Hungarian milk and dairy products as the main task – Czerván György...
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The Parliament adopted the amendments to the advertising tax
The rate on advertising tax remains zero percent after no more than 100 million HUF tax base. But above, every firms will have to pay 5.3 percent tax. The changes...
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The National Trading House would reduce the milk supply by 15 million liters
The state-owned Hungarian National Trading House Inc. is expected to buy 15 million liters of milk powder and butter milk in June and July – agrarszektor.hu wrote. With the transaction,...
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