Market News

According to a survey, men spend more on Christmas gifts

Thirty percent of the European men spend over 91 thousand HUF on Christmas gifts, while only one-fifth of women will spend such a sum – Intel’s prospecting related Christmas gift...

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Successful digital campaigns – for everyone?

Nearly a hundred finalists and award-winning works have become available electronically with the publishing of the Effie 2014 Digital Yearbook , which summarizes the most effective advertising campaigns, the related...

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Three large downtown Advent Fair opened in Budapest

The three large Advent Fair of Budapest was opened on Friday at the same time: the fairs await the audience from Friday to 31 December in the City Hall park,...

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The Hungarian Food Bank collected forty percent more donations this year

The 3500 Volunteer of the Hungarian Food Bank Association collected about 195 tons of durable food products, during the food donation campaign that took place at 257 weekend locations of...

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“Black Friday” customers stormed the US stores

Tens of millions of Americans began their Christmas shopping on the season starter “Black Friday” and even on the previous day Thanksgiving eve. The first rush of customers have already...

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Location-based mobile marketing service launched

After two years of preparation work by T-Systems International, Hungary is the first country in the region where a location-based mobile marketing service becomes available. Katalin Vigné Szalontai, wholesale director...

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Hungary opens trading house in Mongolia this year

A Hungary-Mongolia business forum was held on 18 October in Budapest, where Mongolian president Tsakhiagiin Elbegdorj told that agricultural technology, the pharmaceutical industry, infrastructural development and tourism are all possible...

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Hungarian SMEs introduced themselves in Macedonia

Skopje, the capital city of Macedonia was the host of TEHNOMA, the most important trade fair in the Balkans. With the help of the Hungarian National Trading House (MNKH) several...

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2,500 billion HUF EU funds to the Hungarian agriculture until 2020

A total of around 2,500 billion HUF will flow to the Hungarian agriculture between 2015 to 2020 for the direct payments from EU funds – Czerván György Minister of State...

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There will be enough fish for Christmas

The Hungarian fish farms sell 20-25 percent of their annual volumes during the Christmas season. They promise that there will be enough fish for the Christmas holidays. In recent years,...

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KSH: 192 thousand more people had jobs in August-October than a year before

This year, in August-October 4 million 184 thousand people were working in Hungary, from the 15-74 age group, 192 thousand more than a year before – the Central Statistics Office...

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The office of the Hungarian National Trading House in Cairo has been opened

Semjén Zsolt Deputy Prime Minister opened the Hungarian National Trading House’s office in Cairo on Wednesday. The Hungarian Hungarian National Trading House’s office aims to reach new markets and new...

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Sopron mountain village: the spotted wing midge can be the “second phylloxera”

If the cure will not be found, the spotted wing midge can become the “second phylloxera” “the second filoxérává” could become the spotted wing Drosophila – the President of the...

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The EP committee of experts supports the reduction of plastic bag use

As lawmakers reached agreement this week to limit the use of plastic bags across Europe, industry voices warned that such rules will have a negative impact on trade in Europe's...

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China is the largest online market of products made of wild animals

China has become the largest market for illegal wildlife trading with a huge number of related animal products being sold online, according to a new report by a major animal...

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Hungarian trading house opens in Brazil

On 18 September the Hungarian National Trading House Zrt. (MNKH) opened its 14th trading house, which is the first in Latin America. The new trading house is in Rio de...

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KSH: the growth of consumption accelerated in September

The growth of retail sales accelerated in September, while the volume of retail sales was 4.5 percent higher in September than a year before, after the 2.5 percent increase of...

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Nielsen: strengthening consumer confidence, increasing food sales

The buying mood of the Hungarian consumers continued to increase during the last ten months. The retail sales value of food products increased by 5 percent, while in terms of...

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The range of products that can be sold in tobacco stores to expand

Hegmanné Nemes Sára Minister of State of the Ministry of National Development, responsible for assets told that due to the social needs and expectations, the retailers' indications and practical experiences,...

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The food bank is expecting Christmas donations in 257 department stores

The Hungarian Food Bank Association organizes its Christmas food collection this year again: on Friday and Saturday, donations of the population are accepted in 257 large stores of 140 settlements...

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The American Thanksgiving Day in numbers

The Thanksgiving Day will be celebrated on Thursday in the United States, which is the most important American family celebration, beside Christmas. The US Census Bureau (USCB) has some data...

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The REGIO JÁTÉK became the LEGO’s domestic wholesale partner

The Hungarian subsidiary of LEGO reorganized its wholesale business. One of the most well-known brand of the world, chose the REGIO JÁTÉK as its selective domestic wholesale partner. From the...

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Change in retail channels’ weight

Grocery retail’s revenue from butter sales was more than HUF 10 billion in the December 2013-July 2014 period. Value sales were 13 percent higher than a year before and volume...

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Butters: spreadability is in the centre of attention

Despite the strong price competition the Meggle brand does well in the butter category. Both value and volume sales have increased and among branded products Meggle is the 2nd best...

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When margarine and butter meet

Ágnes Mohácsik, brand manager with Unilever Magyarország: – We try to offer products that meet consumption demand and fit in the healthy eating trend. Consumers focus on taste when choosing...

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The revenues of Hungarian wine sales increased in Germany

The Hungarian wine sales increased by twenty-five percent in the past two years in Germany, which is the number one export market of the Hungarian wines – highlighted experts on...

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Pálinka Masters: the rules of pálinka and distillate making should be refined

According to the vice president of the National Association of Pálinka Masters, the rules of pálinka and distillate making should be refined for next year in a way that will...

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Gemius: the majority of the Hungarian Internet users are women

The recent analyzis of Gemius shows that in Hungary, one in four Internet users are between the age of 25 and 34. Also, one in four Internet users have secondary...

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The new round of the cash register exchange may come next summer

The online cash machines may be introduced next July in those service sectors, which were not involved in the first wave. The professional organizations have asked the government to give...

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Spoiled foods and hazardous electronic equipments were found

Fake branded clothes, spoiled foods and hazardous electronic equipment were found in the scope of a large-scale inspection at the Ganz plant on the Kőbányai road in Budapest. The inspectors...

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