Market News
International brands move to Székesfehérvár
Date: 2015-01-26 09:22:43
On 19 September National Economy Minister Mihály Varga and mayor András Cser-Palkovics were both present when Mondelez’s new production unit was inaugurated in Székesfehérvár. Milka, Cadbury TUC, LU and Ritz...
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51827.png Hundreds of million spent on laboratories and studios at the University of Kaposvár
Date: 2015-01-26 09:18:28
The University of Kaposvár spent HUF 443 million on infrastructural development, part of which was realised at the Faculty of Agriculture and Environmental Sciences. Research, development, innovation and education all...
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Rondo expands Soroksár factory
Date: 2015-01-26 09:15:21
Austrian group Rondo celebrated the 20th anniversary of establishing its Hungarian affiliate with opening a HUF 350-million factory. The company now produces corrugated board products on 10,000m² in Soroksár. Rondo...
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The prospects for agriculture are promising
Date: 2015-01-23 11:40:13
Czerván György, the Minister of State for the Ministry of Agriculture, responsible for Agri Management called the agriculture prospects encouraging this year and for the next years. Czerván George, agrárgazdaságért...
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Hungary is world leader in per capita duck meat production
Date: 2015-01-23 11:38:26
We increasingly look for products made from duck instead of goose meat and foie gras – agrarszektor.hu wrote. The duck is cheaper and many say it is tastier by many...
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One week has been left for those who are not willing to pay security risk after 1 March
Date: 2015-01-23 11:32:03
The NGM has extended the test run of the EKÁER system until 22 January, and those who are obliged do not have to pay the security risk until 28 February...
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FM: 170 million HUF support to the seasoning paprika growers
Date: 2015-01-23 11:20:40
The Ministry of Agriculture (FM) provides approximately 170 million HUF support to the seasoning paprika growers this year – the ministry published on the news site of the government on...
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The revenue of the Belgian food industry is five times bigger than the revenue of the Hungarian food industry
Date: 2015-01-23 11:13:44
Belgium’s land area is less than Hungary’s, however the output per farm is still ten times more there than in Hungary, while the revenue of the Belgian food industry is...
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Public catering should use more local products!
Date: 2015-01-23 11:12:11
The public catering should use more locally grown, healthy agricultural products at a higher proportion – Gajda Róbert, Government commissioner, leader of the Békés County Government in Sarkad, where he...
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NAV: Seventy-five tons of unmarked potatoes were found in Szabolcs-Szatmár-Bereg county
Date: 2015-01-23 11:02:27
The members of the regional electric road freight control system (ekáer) of the National Tax and Customs Authority (NAV) found seventy-five tons of unmarked Polish potatoes in Szabolcs-Szatmár-Bereg county. Dávid...
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SMEs can modernise the technology they use from a bigger budget
Date: 2015-01-23 09:14:22
From the recently started European Union funding schemes, those enterprises can profit the most which plan to invest in technological modernisation: instead of the originally declared HUF 5 billion they...
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Today’s youth is spoiled!
Date: 2015-01-23 08:39:28
At a conference held on 20 November in Budapest, Dr Mária Törőcsik, a professor at the University of Pécs, presented the results of a survey on the so-called Generation Z....
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The ekáer’s trial run was extended until the first of March
Date: 2015-01-22 11:40:42
The government extended the trial run of the electronic control system for road freight (ekáer) until the first of March take the proposal of the operators into consideration – the...
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Hungary is preparing to produce GMO-free milk, meat and eggs
Date: 2015-01-22 11:30:24
Hungary is preparing to produce genetic manipulation-free (GMO-free), milk, meat and eggs. The necessary first steps have already been done in the case of milk. Nagy István, Parliamentary Minister of...
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KSH: a record crop occured from corn last year
Date: 2015-01-22 11:30:05
Last year, the yields of all-important autumn harvested plants were higher than in the previous year, and from corn a record crop occured. The yield increased by 42.3 percent over...
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Who will check the Sunday store closure
Date: 2015-01-22 11:28:40
The Hungarian Trade Licensing Office has published which authorities will check the compliance with the Sunday store closure regulation that will came into force on 15 March. The commercial activities...
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The Rondo Hullámkartongyártó Kft. increased its turnover in 2014
Date: 2015-01-22 11:11:54
The Rondo Hullámkartongyártó Kft. (Rondo Corrugated Manufacturer Ltd.) last year reached a 12 billion HUF turnover, and increased its sales by 5 percent this year and plans to implemend a...
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Office space is eight times cheaper in Budapest than in London's West End
Date: 2015-01-22 11:10:23
The rental cost of one square meter of an office costs 2,945 USD in London's West End a year, in Budapest you only have to pay 366 USD, the difference...
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The sales of luxury goods stopped in China
Date: 2015-01-22 11:05:21
Geopolitical troubles and anticorruption measures in China are taking their toll on the world’s luxury industry, as sales in the sector will likely fall both in China and Russia this...
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We used our bank cards the most on Fridays in December
Date: 2015-01-21 11:55:52
We loved our bellies during Christmas the most. At least we can draw the conclusions on the basis of the December 2014 traffic datas of Global Payments global market leader...
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Advertising Association: the advertising tax distorts the competition in the market
Date: 2015-01-21 11:52:28
The advertising tax distorts the competition in the Hungarian media market, it inhibits the growth and innovation, and has a negative impact on the content, quality and quantity of the...
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EKÁER: the MLSZKSZ requires a further two months grace period
Date: 2015-01-21 11:50:31
The Association of the Hungarian Logistics Service Centers (MLSZKSZ) and the Hungarian Freighting and Logistics Service Providers Association (MSZSZ) summarized the practical experiences of the road freight electronic control system...
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MNKSZ: the calculations of VOSZ are not proper
Date: 2015-01-21 11:48:22
According to the Hungarian National Trade Association (MNKSZ), the Tuesday statement of the National Association of Entrepreneurs and Employers (VOSZ) is unfounded in connection with the Sunday store closure and...
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The rate of wage growth slowed in November
Date: 2015-01-21 11:45:40
The average gross wage growth slowed in November, compared to the same period of the previous year, but in terms of regular gross earnings the trend remained positive, according to...
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Inflation may be lower, due to the persistently low oil prices
Date: 2015-01-21 11:42:24
If the price of oil remain low in 2015 on the international markets, the annual inflation may be lower than the Ministry of National Economy’s (NGM) forecast of 1.8 percent...
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The AMC welcomes the Hungarian initiative on GMOs
Date: 2015-01-21 11:05:23
The Agricultural Marketing Centre (AMC) General Directorate of the Hungarian National Tourist Office welcomes Fazekas Sándor Minister of Agriculture's announcement that Hungary initiated a cooperation for countries that are against...
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Hungarian Product partners meeting
Date: 2015-01-21 08:19:29
HUNGARIAN PRODUCT Nonprofit Kft. organised an informal partners meeting on 7 November, where participants were also playing games connected to the theme of the traditional Hungarian pig slaughter. Managing director...
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Nielsen: the buying mood of the Hungarian consumers is still huge
Date: 2015-01-20 12:00:10
The buying mood of the Hungarian consumers continues to be huge – on the basis of the trends of the recent twelve-months. The retail sales of food products increased by...
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Economists: economic growth should be made sustainable
Date: 2015-01-20 11:40:45
2014 was a successful year in the Hungarian economy, but it was also due to external factors, and Hungary in terms of innovation, and poverty is lagging behind the European...
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Demján: 200-250 billion HUF will fall out of the budget due to the Sunday store closure
Date: 2015-01-20 11:35:15
According to the executive Chairman of the National Association of Entrepreneurs and Employers (VOSZ), it is expected that 200-250 billion HUF less revenue will flow into the budget due to...
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