Market News
GKI-Erste economic sentiment index stagnant for four months
The GKI-Erste economic sentiment index adjusted for seasonal effects moved upwards slightly in April, reaching its level of January. According to the empirical survey conducted by GKI with the support...
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The Poultry Product Council asks for same judgment as the pig sector in taxation
The Poultry Product Council (BBT) asks for same judgment as the pig sector in taxation. According to the Poultry Product Council there is no technical reason that while the Value...
Read moreSeveral million inspections are performed for secure food supply every year
Only the comprehensive and proactive monitoring of the entire food chain can guarantee the sales of safe food products, therefore millions of tests are carried out in laboratories across the...
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The sugar manufactory in Kaposvár spent one hundreds million HUF on development
The Kaposvár-based 1. Magyar Cukor Manufaktúra (MCM) Kft. (1st first Hungarian Sugar Manufactory (MCM) Ltd.) built new powdered sugar plant and a solar panel system. The facilities were handed over...
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Hungarikum, of which we can not drink enough
The soda water is a real Hungarikum, and it bears the “guaranteed traditional and special food product” trademark for 10 years. Its consumption decreased for a couple of decades, but...
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The users of dubious origin seed may suffer a huge loss
Only the exclusively produced, controlled seed with certification guarantees the seed varietal purity and utility value. The seed counterfeiting cause significant damages to farmers. The counterfeit seed is usually cheaper...
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The diet is more important than exercises
According to researchers,diet is more important than exercise for people who want to lose weight. The study revealed that it was time to bust the myth of physical inactivity and...
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Analysts: encouraging earnings growth
According to analysts interwieved by MTI, the growth in earnings is encouraging. The Savings Bank expects a 4 percent, while the K&H expects a 3.5 percent growth in real wages...
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The Food Avalanche gave “nets instead of fish” to fifty-three settlements
Spring works started in fifty-three settlements on a total of 110 hectares of land in the Food Avalanche program of the Hungarian Food Bank Association and Syngenta. The healthy vegetables...
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The government announced a tender to improve the conditions of children's nutrition
The government announced a tender for the local governments to improve the conditions of children's nutrition in a value of 1 billion HUF. Novák Katalin, Minister of State of the...
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The NAK has amended its charter
The National Agricultural Economics Chamber (NAK) held its national board meeting on 21 April 2015 in Gödöllő. The Chamber had a busy year: last year’s most important result was the...
Read moreFive tonnes of unmarked chicken meat was found in a Polish truck
The finance guards of NAV found five tons of unknown origin chicken meat worth 6 million HUF in a Polish lorry. The goods will be destroyed – the organization's press...
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Hop on hop off service in the vineyard
Ruszinkó Ádám Deputy Minister of State of the Ministry of National Economy (NGM) suggested to launch a hop on hop off service in the wine growing regions at a professional...
Read morePersonalised offers which annoy no one
In the age of Big Data personalised offers are very important in marketing. At the same time these can violate privacy rights and annoy people in general. A new tool...
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Drones to be used in retail?
In the March issue of STORES Magazine there was an article on how drones would be used in retail soon. It was Amazon who first considered using them in home...
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Nielsen: the turnover of household chemicals and cosmetics has increased
335 billion HUF worth household chemicals and cosmetics were sold in food retailing between March 2014 and February 2015; 6 percent more than a year earlier. In terms of quantity,...
Read moreThe VAT on pig carcass will be reduced to five percent
The proposal causes debates among the domestic players of the meat sector. It proposes to decrease the VAT on pig carcass from 2016 to 5 percent from the current VAT...
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Snack market: the Hungarians have turned towards Exotic flavors
Hungarians are not noshery people. Only slightly more than half of the population consumes the most popular types of snacks, the potato-chips and salty breadsticks. The ratio of those who...
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The Cash Register Association asks for the service sector’s patience
The Hungarian Cash Register Association draws the attention of the users of the service sector, not to buy cash registers that does not fully meet their needs, before the appearance...
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KSH: average earnings rose by 3.4 percent in February
Average earnings increased by 3.4 percent in February, compared to a year before, at firms employing at least five employees and in the Non-Profit sector – the Central Statistical Office...
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More than 40 million tons of e-waste was generated globally in 2014
Old kitchen and bathroom equipments, office equipment make up the 41.8 million tons of electronic waste generated globally in 2014 – according to the report of the United Nations University...
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Thousands of square meters of wall can be renewed within a national competition
The Let's Colour City Beautification Society announces its national competition again. This year, the competitors can win paint enough to 800 square meters of wall to the renewal of community...
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Another important date is getting closer
From 1 January 2016 invoicing software can only be used if it has a ‘data providing for tax authority control’ function. Márta Siklós, senior consultant at LeitnerLeitner thinks eight months...
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IT is a part of business operations
According to László Tátrai, head of IT at SPAR Hungary, at the moment there is no peculiar trend which is likely to become dominant in the near future. Still, international...
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Consumers’ favourites
The Product of the Year project started in Hungary in 2012. It is one of the world’s most important consumer-voted award schemes for innovative products. FMCG manufacturers and distributors can...
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The state supports the purchase of the new cash registers
Those businesses can rely on State aid that should by online cash registers soon – the Napi Gazdaság wrote on Monday. tax államtitkárára. Pankucsi Zoltán, the National Economic Ministry’s Deputy...
Read moreThe Russians started the inspections at Hungarian and Greek meat processing companies
On Monday, the specialists of the Russian Federal Veterinary and Plant Protection Service (Rosszelhoznadzor) started the inspections of the Hungarian and Greek meat processing companies that are exporting to Russia...
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MVH: the submission of the single agricultural grant applications is underway
The submission of the single agricultural grant applications began on 1 April. Now applications were submitted to about 900 thousand – 1 million hectares – Gyuricza Csaba, president of the...
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The rate of decline slowed in the European Union
The rates of decline slowed in March in the European Union – the Eurostat announced. According to the data of the EU’s statistical office of consumer prices on an annual...
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