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Market News

The GKI-Erste sentiment index started the year with a decline
Date: 2015-01-26 12:10:20

The (seasonally adjusted) value of the GKI-Erste economic index significantly decreased in January, but from a high level. According to a survey of GKI (www.gki.hu) made with the support of...

Budai: The Hungarian companies meet all the Russian food safety standards
Date: 2015-01-26 12:00:47

An examination revealed that the Hungarian companies meet all the Russian food safety standards, so deliveries can start immediately after the Russian decision – Budai Gyula, Ministerial Commissioner told M1...

Such good grain harvest occurs only in every tenth year
Date: 2015-01-26 12:00:22

Such good grain harvest occurs omly in every tenth year as in 2014, but it is even rarer that yield results of winter wheat and maize are simultaneously outstanding –...

Three and a half tons of meat products were seized at a wholesaler in Budapest
Date: 2015-01-26 11:20:09

Over three and a half tons of expired and unknown origin meat products were seized at a wholesale store in Budapest. The fine is expected to be several millions of...

The stolen Romanée-Conti wines were found
Date: 2015-01-26 10:55:23

Investigators have recovered the bulk of the premium wine bottles stolen from The French Laundry on Christmas Day, according to the Napa County Sheriff’s Office. No arrests have been made....

Magazine: Being stylish but spending just a thousand forints
Date: 2015-01-26 10:05:51

The Hungarian decorative cosmetics and perfume market is growing dynamically, so market players are kind of optimistic. Beáta Lakatos, country manager with Coty Hungary Kft. informed Trade magazin that a...

Body care when it is cold outside
Date: 2015-01-26 10:00:23

Economic recession and changing consumption trends made great changes in the body care market in the last few years – Katalin Rosta, junior shopper & customer marketing manager of Unilever...

Partly European Union-funded tobacco plant opens in Debrecen
Date: 2015-01-26 09:53:42

Róna Tobacco Trade Kft.’s new plant was built from a budget of HUF 3.1 billion and it now employs 440 people – told Marc Wagner, managing director of majority owner...

Temperament and passion from Mexico
Date: 2015-01-26 09:26:05

According to the Aztecs, Tequila is a gift from the gods. The Aztecs had made a fermented beverage from the agave plant, which the Spanish conquerors later distilled – this...

International brands move to Székesfehérvár
Date: 2015-01-26 09:22:43

On 19 September National Economy Minister Mihály Varga and mayor András Cser-Palkovics were both present when Mondelez’s new production unit was inaugurated in Székesfehérvár. Milka, Cadbury TUC, LU and Ritz...

51827.png Hundreds of million spent on laboratories and studios at the University of Kaposvár
Date: 2015-01-26 09:18:28

The University of Kaposvár spent HUF 443 million on infrastructural development, part of which was realised at the Faculty of Agriculture and Environmental Sciences. Research, development, innovation and education all...

Rondo expands Soroksár factory
Date: 2015-01-26 09:15:21

Austrian group Rondo celebrated the 20th anniversary of establishing its Hungarian affiliate with opening a HUF 350-million factory. The company now produces corrugated board products on 10,000m² in Soroksár. Rondo...

The prospects for agriculture are promising
Date: 2015-01-23 11:40:13

Czerván György, the Minister of State for the Ministry of Agriculture, responsible for Agri Management called the agriculture prospects encouraging this year and for the next years. Czerván George, agrárgazdaságért...

Hungary is world leader in per capita duck meat production
Date: 2015-01-23 11:38:26

We increasingly look for products made from duck instead of goose meat and foie gras – agrarszektor.hu wrote. The duck is cheaper and many say it is tastier by many...

One week has been left for those who are not willing to pay security risk after 1 March
Date: 2015-01-23 11:32:03

The NGM has extended the test run of the EKÁER system until 22 January, and those who are obliged do not have to pay the security risk until 28 February...

FM: 170 million HUF support to the seasoning paprika growers
Date: 2015-01-23 11:20:40

The Ministry of Agriculture (FM) provides approximately 170 million HUF support to the seasoning paprika growers this year – the ministry published on the news site of the government on...

The revenue of the Belgian food industry is five times bigger than the revenue of the Hungarian food industry
Date: 2015-01-23 11:13:44

Belgium’s land area is less than Hungary’s, however the output per farm is still ten times more there than in Hungary, while the revenue of the Belgian food industry is...

Public catering should use more local products!
Date: 2015-01-23 11:12:11

The public catering should use more locally grown, healthy agricultural products at a higher proportion – Gajda Róbert, Government commissioner, leader of the Békés County Government in Sarkad, where he...

NAV: Seventy-five tons of unmarked potatoes were found in Szabolcs-Szatmár-Bereg county
Date: 2015-01-23 11:02:27

The members of the regional electric road freight control system (ekáer) of the National Tax and Customs Authority (NAV) found seventy-five tons of unmarked Polish potatoes in Szabolcs-Szatmár-Bereg county. Dávid...

SMEs can modernise the technology they use from a bigger budget
Date: 2015-01-23 09:14:22

From the recently started European Union funding schemes, those enterprises can profit the most which plan to invest in technological modernisation: instead of the originally declared HUF 5 billion they...

Today’s youth is spoiled!
Date: 2015-01-23 08:39:28

At a conference held on 20 November in Budapest, Dr Mária Törőcsik, a professor at the University of Pécs, presented the results of a survey on the so-called Generation Z....

The ekáer’s trial run was extended until the first of March
Date: 2015-01-22 11:40:42

The government extended the trial run of the electronic control system for road freight (ekáer) until the first of March take the proposal of the operators into consideration – the...

Hungary is preparing to produce GMO-free milk, meat and eggs
Date: 2015-01-22 11:30:24

Hungary is preparing to produce genetic manipulation-free (GMO-free), milk, meat and eggs. The necessary first steps have already been done in the case of milk. Nagy István, Parliamentary Minister of...

KSH: a record crop occured from corn last year
Date: 2015-01-22 11:30:05

Last year, the yields of all-important autumn harvested plants were higher than in the previous year, and from corn a record crop occured. The yield increased by 42.3 percent over...

Who will check the Sunday store closure
Date: 2015-01-22 11:28:40

The Hungarian Trade Licensing Office has published which authorities will check the compliance with the Sunday store closure regulation that will came into force on 15 March. The commercial activities...

The Rondo Hullámkartongyártó Kft. increased its turnover in 2014
Date: 2015-01-22 11:11:54

The Rondo Hullámkartongyártó Kft. (Rondo Corrugated Manufacturer Ltd.) last year reached a 12 billion HUF turnover, and increased its sales by 5 percent this year and plans to implemend a...

Office space is eight times cheaper in Budapest than in London's West End
Date: 2015-01-22 11:10:23

The rental cost of one square meter of an office costs 2,945 USD in London's West End a year, in Budapest you only have to pay 366 USD, the difference...

The sales of luxury goods stopped in China
Date: 2015-01-22 11:05:21

Geopolitical troubles and anticorruption measures in China are taking their toll on the world’s luxury industry, as sales in the sector will likely fall both in China and Russia this...

We used our bank cards the most on Fridays in December
Date: 2015-01-21 11:55:52

We loved our bellies during Christmas the most. At least we can draw the conclusions on the basis of the December 2014 traffic datas of Global Payments global market leader...

Advertising Association: the advertising tax distorts the competition in the market
Date: 2015-01-21 11:52:28

The advertising tax distorts the competition in the Hungarian media market, it inhibits the growth and innovation, and has a negative impact on the content, quality and quantity of the...

Oldal

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The GKI-Erste sentiment index started the year with a decline Date: 2015-01-26 12:10:20

Budai: The Hungarian companies meet all the Russian food safety standards Date: 2015-01-26 12:00:47

Such good grain harvest occurs only in every tenth year Date: 2015-01-26 12:00:22

Three and a half tons of meat products were seized at a wholesaler in Budapest Date: 2015-01-26 11:20:09

The stolen Romanée-Conti wines were found Date: 2015-01-26 10:55:23

Magazine: Being stylish but spending just a thousand forints Date: 2015-01-26 10:05:51

Body care when it is cold outside Date: 2015-01-26 10:00:23

Partly European Union-funded tobacco plant opens in Debrecen Date: 2015-01-26 09:53:42

Temperament and passion from Mexico Date: 2015-01-26 09:26:05

International brands move to Székesfehérvár Date: 2015-01-26 09:22:43

51827.png Hundreds of million spent on laboratories and studios at the University of Kaposvár Date: 2015-01-26 09:18:28

Rondo expands Soroksár factory Date: 2015-01-26 09:15:21

The prospects for agriculture are promising Date: 2015-01-23 11:40:13

Hungary is world leader in per capita duck meat production Date: 2015-01-23 11:38:26

One week has been left for those who are not willing to pay security risk after 1 March Date: 2015-01-23 11:32:03

FM: 170 million HUF support to the seasoning paprika growers Date: 2015-01-23 11:20:40

The revenue of the Belgian food industry is five times bigger than the revenue of the Hungarian food industry Date: 2015-01-23 11:13:44

Public catering should use more local products! Date: 2015-01-23 11:12:11

NAV: Seventy-five tons of unmarked potatoes were found in Szabolcs-Szatmár-Bereg county Date: 2015-01-23 11:02:27

SMEs can modernise the technology they use from a bigger budget Date: 2015-01-23 09:14:22

Today’s youth is spoiled! Date: 2015-01-23 08:39:28

The ekáer’s trial run was extended until the first of March Date: 2015-01-22 11:40:42

Hungary is preparing to produce GMO-free milk, meat and eggs Date: 2015-01-22 11:30:24

KSH: a record crop occured from corn last year Date: 2015-01-22 11:30:05

Who will check the Sunday store closure Date: 2015-01-22 11:28:40

The Rondo Hullámkartongyártó Kft. increased its turnover in 2014 Date: 2015-01-22 11:11:54

Office space is eight times cheaper in Budapest than in London's West End Date: 2015-01-22 11:10:23

The sales of luxury goods stopped in China Date: 2015-01-22 11:05:21

We used our bank cards the most on Fridays in December Date: 2015-01-21 11:55:52

Advertising Association: the advertising tax distorts the competition in the market Date: 2015-01-21 11:52:28