Market News
NAV: unknown origin food was found near Hegyeshalom
The staff of the National Tax and Customs Administration (NAV) found unknown origin food near Hegyeshalom. Kovács Mária, press officer of the West Transdanubian Regional Tax Directorate-General of NAV told...
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Regio Játék’s revenues increased by nearly 40 percent
The Net revenue of the Regio Játékkereskedelmi Kft. toy store chain was nearly 7 billion HUF last year, which is a 40 percent growth – the company told MTI. The...
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Personalised 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...
Read moreKSH: retail sales rose by 6.4 percent in February
The increase in retail sales was slightly better than expected. Compared to the previous year, retail sales rose by 6.4 percent in February – according to the Central Statistical Office...
Read moreThe government will continuously monitor the effects of the VAT reduction on pork
According to the government spokesman, the effects of the VAT reduction on pork will be continuously monitored. The datas will shop that similar steps may be introduced in other sectors....
Read moreTobacco Dealers: smoked-glass is high risk in the tobacco shops
The Hungarian Tobacco Retailers Association says that the use of the tinted glass windows should be reconsidered in tobacco shops, because the inflexible rule has extremely high security risks –...
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The School Milk Regulation has been published
In addition to milk, the children will be given yogurt, kefir and cheese, under the kindergarten and school milk program – the Minister of Agriculture Ministerial decree was published on...
Read moreThe European Commission approved the use of new GMOs
The European Commission approved the food and feed industrial use of ten new genetically modified organism (GMO) plant on Friday. In addition, the Board also extended the authorization of seven...
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Unmarked potatoes were seized with ekáer
Eighty tons of unmarked potatoes were seized in Újfehértó, Szabolcs-Szatmár-Bereg county, after checking the data of the electronic road freight system. The staff of the National Tax and Customs Administration...
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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...
Read more
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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