Market News
The European Commission has suspended the payments
The European Commission (EC) has suspended the payments of the first three priorities of the Economic Development Operational Programme. The European Commission has suspended part of the interim payments from...
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The DélKerTész has taken measures to guarantee food safety
The Board of Directors of the Cooperative of the Gardeners of the South Plains (DélKerTész) took several measures to guarantee food safety standards at its meeting last – Ledó Ferenc,...
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The Bread of the Hungarians: the last meal donation was started off to Transcarpathia
The truck carrying the last flour donation was set off to Transcarpathia last Tuesday under the Bread of the Hungarians program. The 20 tonnes of flour donations will be transported...
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Satisfied exhibitors, satisfied visitors
According to survey results, 9 out of 10 Fruit Logistica exhibitors were of the opinion that from a commercial point of view their participation was successful. 45 percent of them...
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Successful innovations – Part 2
What makes certain innovations successful and why do others disappear from stores? According to a global study conducted by Nielsen, those who want to put a new product on the...
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Greening online too
The Greening Manual for Farmers can now be downloaded from the chamber’s website. It is a well-known fact that the conditions for receiving agricultural subsidy change as of 2015. Meeting...
Read moreGfK: households spent more on consumer goods last year than before
According to the Retail Analyses research of GfK, the households spent more on consumer goods last year than before. According to the summary sent to MTI on Tuesday, the population’s...
Read moreMorgan Stanley: household consumption is the engine of the Hungarian economy
The GDP can grow by 3.5 percent this year in Hungary, after last year's 3.6 percent, Morgan Stanley’s recent analyst predicts that the increase is mainly supported by the domestic...
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KSH: the agricultural producer prices fell by 8.1 percent in February
Due to the 7.9 percent deline in the price of vegetable products and the 8.5 percent price decline of live animals and animal products, the agricultural producer prices prices were...
Read moreWomen purchase more in webshops than men
The webshops are never close, you do not have to stand in line and shop assistants do not give a weird look when we go back to see the chosen...
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750 billion HUF EU research and development funds for Hungary until 2020
It is scheduled that 750 billion HUF will come to Hungary directly to innovation, research and development until 2020 – Pálinkás József, Head of the National Office for Research, Development...
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Commercial fishing to be ceased in natural waters
Commercial large-scale fishing to be ceased in natural waters. From 2016 commercial fishing licenses cannot be extended – the Parliament decided on Tuesday. The law expands the definition of fishing...
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The agricultural support decree for small producers has been published
The decree of the Minister of Agriculture on the agricultural support for small farmers was published – the Ministry of Agriculture (FM) told. Those farmers are eligible for support, who...
Read moreBeer production increased last year in the Czech Republic, due to the growing export
The Czech breweries brewed 19.65 million hectoliters of beer last year, 2.3 percent more than in 2013 – the Association of the Czech Brewers announced on Tuesday in Prague. While...
Read moreA pair of spotlessly mangoes were sold for 300,000 yen in Japan
A deep pocketed Japanese department store shelled out an eye-watering 300,000 yen (2,500 USD) Monday for a pair of mangoes, a record price for the second year in a row....
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Sales of household chemicals and cosmetics rose
Last year sales of household chemicals and cosmetics rose 13 percent in value and 8 percent in volume in stores with a floor space between 201 and 400m². There were...
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An optimised product assortment can increase sales
Product selection is a key element of every retailer and manufacturer’s strategy: it influences many important decisions from price to promotions, from innovation to consumers’ store choice. To illustrate this,...
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Salary replaced job security as the top priority
For Hungarian employees salary was the most important job choice factor already in 2014 – reports Randstad, but if current international trends prevail this can become even more dominant in...
Read moreMore than ever possibilities to prohibit the cultivation of products containing GMO
The Member States of the European Union will be given more than ever unprecedented legal opportunities to prohibit the cultivation of plants containing genetically modified organisms (GMO) in their own...
Read moreApiary is one of the most successful sectors of the Hungarian agriculture
Hungary is well-known and recognized worldwide, due to its outstanding honeys, thanks to the work of twenty thousand Hungarian beekeepers. Apiary is one of the most successful sectors of the...
Read moreThe EU Parliament's Health Committee would indicate the nutritional value on alcoholic beverages
The European Parliament took a first step last month when it called on the European Commission to draw up legislation requiring such labelling by 2016. Adopted by 63 of the...
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The expectations of the domestic SME are almost the same
The business confidence literally stagnated in the first quarter of the year. The K&H SME confidence index that is indicating the domestic SMEs' expectations for one year is currently -14...
Read morePwC Global Economy Watch: employment increasing worldwide
The economic recovery prospects are still uncertain about seven years after the outbreak of the global financial crisis. However, it can be a reason for optimism, that one of the...
Read moreMagazine: Sundays without shopping
As of 15 March most stores have to remain closed in Hungary. This measure will inevitably lead to changes in both the market and shopping habits. According to György Vámos,...
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GS1 standard elements and the EKÁER system
Several elements in the GS1 system of retail standards have already proved their cost- and process-efficiency in practice. This is the reason why GS1 Hungary and the Electronic Freight Goods...
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Changes in the excise regulations of alcohol products
As of 1 January 2015 the excise duty on alcohol products is a standard HUF 333,385 as calculated for the tax base. The basis of the tax remains to be...
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The ekáer detected several irregularities
A number of irregularities have been revealed by the Road Freight Control System (ekáer) – the National Tax and Customs Administration (NAV) told MTI. According to the communication, the system...
Read moreHungary is prepared for the new EU regulation on grape planting
Hungary is prepared for the new EU regulation on grape planting that would make it possible to increase the grape growing areas in the Member States – the Ministry of...
Read moreAn increase in legal pálinka sales
The monthly legal pálinka sales have increased spectacularly, at some commercial distilleries by more than 80 percent since the beginning of the year, after a 50 percent excise tax was...
Read more380 billion HUF for agricultural water management and irrigation development
About 380 billion HUF will be spent on the development of agricultural water management and irrigation until 2020, by the end of the current EU budget period – the Prime...
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