Market News

Strategic alliance with rural enterprises

Deputy state secretary Nándor Csepreghy recently told at a forum in Kiskunmajsa that in the period ending in 2020 HUF 12,000 billion would be available for Hungary to finance projects...

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First round of the TiJöttök! innovation competition is over

There were more than 50 entries in the TiJöttök! Innovation Project Competition and the first round was a real success. One of the categories was the agri-food industry. EVH Enterprise...

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One and only chance

This is a one and only chance for horticulture! In the 2014-2020 EU budgetary period the sector is one of the areas entitled to receive special support. Despite this it...

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Magazine: Former students can foster Vietnamese-Hungarian relations

In the 1970s and 1980s there were many Vietnamese students studying at Hungarian universities. By now they have become decision-makers in the Vietnamese business sector and in public administration, and...

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No egg price increase before Easter

Sufficient quantities of good quality eggs can be found on the Hungarian market before Easter. Prices are also balanced. Molnár Györgyi of the Poultry Product Council told that the Crown...

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NGM: the Hungarians have more purchasing power

The January retail sales increased by 8.7 percent, compared to the same period of the previous year, which shows that the the Hungarian consumer purchasing power became higher. The growth...

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The Liga and the VOSZ turned to the Constitutional Court because of the Sunday store closure

The Liga Trade Union and the National Association of Entrepreneurs and Employers (VOSZ) turned to the Constitutional Court (Ab) because of the Sunday store closure. According to the Liga and...

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The Hungarian Easter lamb prices are higher than in 2014

The price of a kilogramm of a Hungarian Easter lamb is about 15-20 euro cents higher than a year before, while the export shipments may reach the level of the...

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2015 is the year of local products

The Hungarian customers’ interest is steadily growing towards the locally produced, controlled products. The Ministry of Agriculture (FM) aims to strengthen this positive trend and declared 2015 as the year...

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The bus will stop at malls open on Sunday

The buses will stop at shopping centers that will remain open on open Sunday – the Budapest Transport Centre (BKK) told MTI on Friday. According to the notice, on the...

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“Madár” will promote Hungarian pork

Erdei Zsolt (“Madár”) European and World champion boxer will be the campaign face of the Hungarian National Tourist Office’s program, which promotes the Hungarian pork – agrarszektor.hu wrote. The Hungarian...

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The risk of Alzheimer's disease can be reduced with diet

According to the study published in the Alzheimer's & Dementia magazine, a proper diet can significantly reduce the risk of Alzheimer's disease. The study was based on the ten year...

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The Catholic Caritas collected one hundred and eighty tonnes of foods for the needy

More than 180 tonnes of food products arrived to the Lenten permanent food collection of action of the Catholic Caritas. The organization will also make Easter gift packs to the...

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This year 830 billion forints are available for economic development from the EU

Within the framework of the Economic Development and Innovation Operative Programme (GINOP), the Ministry for National Economy publishes nearly 70 calls for tender in the value of HUF 830 billion....

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Declining retail sales, job troubles

FMCG retail sales hit a 2-year nadir in Greece: value sales dropped 5 percent and volume sales diminished by 4 percent in Q4 2014. These indicators are the worse in...

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The brokerage scandal doesn’t jeopardise EU-financed projects

According to a statement by the Prime Minister’s Office (PMO), those who are unable to meet deadlines or make payments due to the brokerage scandal will get special treatment if...

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Central heating

In the first 2 months of the year central banks continued their ‘competition’ to weaken their own currency, in order to speed up their economies by means of liquidity expansion...

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Magazine: New markets, new opportunities

According to an evaluation by the Ministry of Agriculture, between 2010 and 2014 agriculture’s output increased by 30 percent. The processing industry also made progress and agriculture’s weight grew in...

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KSH: the retail sales in January increased more than it was predicted in the preliminary estimates

In its second estimate, the Central Statistical Office (KSH) improved the growth rate of the retail sales in January from the forecasted 7.7 percent to 8.2 percent. The Central Statistical...

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The Nébih has checked 1,500 tons of food since the start of ekáer

The experts of the government agencies and the National Food Chain Safety Office (Nébih) carried out the controls of 1,500 tons of food products at more than 100 consignments, since...

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The Hungarian Dairy Industrial Association signed an agreement with the Dairy Interprofessional Organization and Marketing Board

The Dairy Interprofessional Organization and Marketing Board and the Hungarian Dairy Industrial Association have signed a cooperation agreement on 20 March 2015. Under the agreement, the Hungarian Dairy Industrial Association...

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Fish shopping smart guide: pay attention while purchasing

Fish foods contain essential unsaturated fatty acids, proteins, and vitamins as well. In addition fish is easily digestible, it is not a threat to our lines and delicious. However, in...

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British Trade Center: deals were made in a value of more than two hundred thousand pounds

Hungarian and British companies carried out deals in a value of more than two hundred thousand pounds (£ 1 = HUF 406.64) in the past one year with the contribution...

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Trans fatty acid use limited

From the middle of February no food product with trans fatty acid content higher than the limit is allowed to be sold. This refers to oils, fats and fat emulsion...

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Three SMEs won the ‘Exporter of 2014’ prize

Three SMEs won the ‘Exporter of 2014’ prize of the Hungarian National Trading House Zrt. (MNKH): pump technology firm Elpumps Kft., sweets manufacturer Stühmer Kft. and wool trader Hungarowool Kft....

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Hungarian firms passed the Russian exam

At a recent examination all Hungarian firms met the Russian food safety requirements, so when the ban is lifted we can start exporting to the Russian market straight away. Moscow...

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Hungarian white acacia left off the list of alien invasive species

Hungarian white acacia tree (one of the so-called Hungaricums) will most probably be left off the list of alien invasive species, compiled by the European Union – informed the Ministry...

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Men are more loyal to their favourite deodorant

As the temperature keeps rising, unpleasant body odour and sweating are becoming a problem to many. Viktória Tantics, brand activation manager with Beiersdorf Kft. told our magazine that the company’s...

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The sales of higher than average quality ham expanded last year

The retail sales of ham and smoked meat products reached revenues of approximately 7 billion HUF in the two months of the Easter period in 2014. That's 15 percent more...

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GfK: a further boost in willingness to buy

The GfK Consumer Confidence Index remained virtually unchanged in March 2015, compared to the end of last year. The GfK Consumer Confidence Index is standing on 164.8 points in March...

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