Market News
The EU issued more than two thousand alerts for dangerous products last year
The EU issued more than two thousand alerts for dangerous products (consumer protection) last year. Nearly two-third of the products came from China – the European Commission announced on its...
Read moreGerman business sentiment deteriorated
The Ifo Business Climate indicator decreased to 106.6 points in April, while economists expected an increase to 107 points from March’s 106.7 points. The current situation measure of the survey...
Read moreVillage May Day and Mother's Day on 1 May at the Sóstó Museum Village
On 1 May, Village May Day and Mother's Day programs will await the guests in the Sóstó Museum Village, where in addition to special children's cart exhibition, pálinka tours and...
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Consumer protection: 22 percent of the hotels mislead the guests
22 percent of the studied hotels, 38 out of 173 misleads the guests, ie their grade levels does not meet the requirements, or as a pension, wrongly called themselves as...
Read morePowered fixed vending shelf system
FFR Merchandising developed a new, powered fixed vending shelf system that not only guarantees that valuable products such as razor blades aren’t stolen, but also gives shoppers easy access to...
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Companies and applicants don’t speak the same language
It is more and more difficult for service centres to recruit well-trained workforce that also speaks more languages fluently. According to the Hungarian Outsourcing Organisation (HOA), which unites the most...
Read moreKSH: retail sales increased more in February than the preliminary data indicated
Retail sales in February reached an even greater momentum than the preliminary data indicated. Retail sales in February increased by 6.7 percent, compared to a year before and by 6.6...
Read moreNGM: retail trade grew due to increasing employment, personal income tax reduction and low inflation
Retail sales increased by 6.6 percent in February, compared with the similar period of 2015, due to the record-high employment, the one percentage point reduction in personal income tax (PIT),...
Read moreThe Growth Loan Program is the engine of agriculture
The Hungarian National Bank’s (NBH) Growth Loan Programme (NHP) is behind the growth of Hungarian agriculture – according to the analysis of the Atradius credit insurance company. The market leader...
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Grain Association : the VAT on flour and feeds should be reduced as well
The Grain Association suggests the Minister of National Economy to reduce VAT on flour as a basic food and on feeds. The Association of Hungarian Grain Processors Manufacturers and Traders...
Read moreThe rain came at the right time for the autumn sowings
The rain came at the right time for the autumn sowings, because at thinner areas the signs of drought have appeared – the President of the National Grain Producers Association...
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Czerván: the sheep and goat sector has a high importance in Hungary
The importance of the sheep and goat sector goes beyond the agricultural sector's role in Hungary. In addition to its economic significance, the social impact also has to kept in...
Read moreThe Nébih controls maize seeds
The National Food Chain Safety Office (Nébih) tested the GMO contamination (genetic modification) of 110 sweet corn seeds and 21 popcorn seeds this year. The authority found genetic modification in...
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Powered fixed vending shelf system
FFR Merchandising developed a new, powered fixed vending shelf system that not only guarantees that valuable products such as razor blades aren’t stolen, but also gives shoppers easy access to...
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Magazine: Faith in loans
According to the Deloitte-Scale BankIndex survey, Hungarian consumers’ attitude towards the banking system and banking services kept improving last year. Deloitte Zrt. partner Ákos Demeter told that the level of...
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The NAV is looking for a solution to cure the problems of the apple market
The National Agricultural Economics Chamber (NAK) carried out consultation with the Ministry of Agriculture and several food trading companies to solve the sales problems on the apple market. As the...
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Fazekas Sándor would reduce the VAT on fish as well
The Minister of Agriculture considers the reduction on fish VAT appropriate. <a href=”https://trademagazin.hu/wp-content/uploads/2016/02/hal.jpg”><img src=”https://trademagazin.hu/wp-content/uploads/2016/02/hal-600×358.jpg” alt=”hal” width=”600″ height=”358″ /></a> Fazekas Sándor emphasized that, like other products in the VAT on fish...
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Nébih: the freshly squeezed orange juices meet the standards
The National Food Chain Safety Office (Nébih) tested the production and quality of the freshly squeezed orange juices in ten catering units. The products have met the food safety standards...
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Turnover via online cash registers increased significantly
Compared to last year the turnover of online cash registers showed a very significant increase: 16.9 percent in January and 12.9 percent in February – Népszabadság wrote on the basis...
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Webstores can deliver the ordered goods on Sundays
The webstores can also remove the closed table, as the abolition of Sunday store closure also concerns them – Origo wrote. Last year the online retail increased by 16 percent...
Read moreThe international chains controls more than two third of Czech food traffic
Large international retail chains control more than two-third of the food trade in the Czech Republic. In Central Europe, this rate is even higher – Zdenek Juracka, president of the...
Read morePwC: digital switchover can reduce the costs of companies with more than 400 billion dollars a year
The digital industrial revolution may bring more than 900 billionUSD to the companies around the world – according to PwC business consulting firm’s study. The PwC surveyed more than 2,000...
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Nébih found a piece of metal in a 7days croissant
A piece of metal was found in the Polish-produced 7days croissants. The National Food Chain Safety Office (Nébih) received an alarm on Friday on the case. The Nébih told MTI:...
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Online ad costs
The price of a given ad depends on what we want to achieve with it. Advertisements that strengthen a brand work like billboards, they are generally used on well-known, busy...
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Munkatarsaim.hu is one year old
It was more than a year ago that Munkatársaim.hu – a community website for Hungarian employees and companies – was launched. The website’s goal is to give job seekers a...
Read moreVarga Mihály: 25 percent VAT is the long-term goal
According to the Minister of National Economy, the 27 percent VAT rate is high, but there is no free resources available to reduce it in next year's budget. The government's...
Read moreThe highly successful swine campaign continues
The Magyar Turizmus Zrt., The Ministry of Agriculture and the Livestock and Meat Interprofessional Organization and Marketing Board (VHT) draws attention to the domestic quality pork products from 20 to...
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Analysts expect further real earnings growth
Analysts interviewed by MTI expect the accelerating growth of real wages and say that the labor shortages in several sectors and low inflation also help the growth. The Central Statistical...
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Budai Gyula: Hungary interested in relieving the Russian embargo
Hungary interested in relieving the Russian embargo, in partial releases of the embargo involving agricultural products – Budai Gyula said on Wednesday in Szentes. Budai Gyula Ministerial Commissioner told at...
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Nébih: a large amount of cabbage and potatoes were withdrawn from circulation
Eight tons of potatoes with Polish origin and 450 kilograms of cabbage with rot bacterial infection of unknown origin were found in Heves county. Both items were destroyed – the...
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