Market News

The characteristics of food products must be indicated with a larger font size

The mandatory included datas will be indicated with a bigger font size and more noticeable place on the packagings of pre-packaged food products in the future. This will help the...

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The Hungarian developed Laura cash program is used at more than 4000 points already

For now the Laura cash register software is used at more than four thousand points after the Hungarian food franchise chain stores also switched to the program – Szabó Ervin,...

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The European Commission announced to restrict the usage of preservatives containing allergens in cosmetic products

The European Commission announced to restrict the usage of preservatives containing allergens in cosmetic products. The Board took its decision after the Scientific Committee on Consumer Safety (SCCS) proposed prohibition...

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The NAV seized an illegal cigarette storage in Miskolc

Hundreds of Ukrainian packs of cigarettes and cut tobacco boxes were found by the finance officers in Miskolc, at the first-floor flat of a block of flats, which is essentially...

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Market hall built in Gyula

As part of the government’s farm development programme, the municipality of Gyula built a new 500m² market hall at the town’s marketplace. They received HUF 43 million in funding for...

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State companies’ screening will be completed before the end of summer

The Ministry of National Development (NFM) is busy screening state-owned companies under its supervision in order to see whether their operation could be made more efficient. If everything goes according...

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The Hungarian National Trading House Pltd. starts to buy up apples

In order to help the apple farmers the Hungarian National Trading House Pltd. starts to buy up apples – Kurucz Éva government spokeswoman informed MTI on Saturday. The state-owned company...

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The grape growers count on sugar help

The National Council of Wine Communities initiated that Hungary should ask the European Commission that the domestic wine producers to increase the natural alcohol content of their wines. In other...

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Agricultural products can be dried at a discount gas price

Due to the wet autumn the harvest of corn, sugar beets, soybeans, sunflowers are still at the beginning, almost half of the potatoes were harvested – according to the informations...

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A new shopping center was opened at the site of the legendary Wertheim Department Store in Berlin

A new shopping center was opened in Berlin, at the former site of the world famous Wertheim Department Store. According to the investors, the Mall of Berlin will be a...

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Observation zone in Hungary due to the spread of the bluetongue disease

On 23 September, the Romanian veterinary authorities registered bluetongue outbreaks 120 kilometers south from the Hungarian border. The observation zone set up due to the disease affects certain areas of...

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Data for companies’ decisions today and tomorrow

The importance of high-volume data – Big Data – available at companies may lose from its importance in the next period. These days more information is available than ever before...

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Magazine: How can likes be turned into forints on Facebook?

Several major FMCG brands already use Facebook’s advertising solutions in Hungary as well. Gábor Kéri, sales director of Thinkdigital spoke to us about Facebook trends in Hungary’s FMCG sector. According...

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The Pick and the Rába are the best domestic brands

The best Hungarian-related brands were given MagyarBrands recognitions for the fifth time. In the business sector, Rába was given the superbrands again, while in the consumer sector Pick became the...

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EY: The Hungarian GDP may grow by more than 3 percent this year

The economic outlooks in Hungary have improved further. The Hungarian GDP growth can be more than 3 percent this year, while inthe euro zone, however, a slower growth is expected...

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The town council of Debrecen supports the Debreceni Sausage to be declared as a Hungaricum

On Thursday, the town council of Debrecen decided to support the famous pair sausage of Debrecen to be declared as a Hungaricum. Kósa Lajos Mayor of Debrecen in his submission...

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Brazil removed from the World Hunger Map

Brazil this week made a major step forward to be recognized as independent economic force. The Brazilian government Tuesday hailed a new United Nations report that for the first time...

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France introduces plain packaging of cigarettes

France plans to mandate plain packaging of cigarettes as part of an effort to reduce one of the highest rates of smoking among major European countries. Plain packaging will be...

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Successful Hungaricum festival in Szeged

The 7th Hungaricum festival in Szeged was a great success: quality Hungarian groceries, traditional artisan products and our cultural values were introduced to participants, who also had the chance to...

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Private label products with Quality Food From Hungary marking

Thanks to changes in the Quality Food From Hungary (KMÉ) trademark system, retail chains’ own products can also be recognised with the marking. On 7 August the Tesco store in...

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MobileWallet: the test period has finished

Gábor Pukler, president of the Hungarian Mobile Wallet Association announced that the 1-year test period was completed and the MobileWallet service is expected to be launched in retail at the...

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KSH: retail sales in July increased more than projected

The Central Statistical Office improved the July retail sales growth from previously projected 2.3 percent to 2.5 percent in its second estimate published on Wednesday. The raw and calendar-adjusted datas...

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Analysts: the positive trend in trade has continued

The Secretary-General of the National Trade Association (OKSZ) called the growth in the retail positive and the extent of its as substantial, while the Ministry of National Economy drew attention...

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More and more consumers are always available on the Internet

More and more Hungarian consumers who are always available via the Internet, they carry out their affairs through the internet and according to a research they e are significantly different...

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MNB: an amount more than 3 percent of GDP has been used in the framework of the increase loan program

The Central Bank’s increase loan program (NHP) contributed substantively to the lending revolution. The amount used until now is more than 1,080 billion HUF, 3.1 percent of the gross domestic...

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Brussels has stopped the support for the storage of cheese

The European Commission stopped the support for the storage of cheese with immediate effect on Wednesday. The support was introduced at the end of August, due to the Russian embargo...

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The spirit mafia caused billions worth damages to the Czech state

The so-called spirit mafia caused about 6.7 billion crowns – 75 billion HUF – financial damages to the Czech state with not paying taxes. This is the largest tax fraud...

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A boom in training courses about luxury brand recognition in China

Although these trainings helping to recognize the luxury brands are very expensive, the courses have enormous popularity in China, where the demand for these products is increasing. A private school...

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The demands of the elderly are a wake-up call

‘Do store equipment and the services offered serve the needs of elderly customers?’ – Nielsen asked consumers in 60 countries, including Hungary, examining 15 factors. In Hungary participants viewed lighting...

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And the Gundel-award goes to…

...

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