Market News

The Russian embargo may cause chain debts in the Hungarian food industry

The Hungarian food companies are already vulnerable, because of the significant black economy. The Russian embargo imposed on EU foods will cause further difficulties. Due to the Russian embargo chain...

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Czerván: we must prepare for new global challenges in crop production

Thanks to the world-class Hungarian agricultural research,. Hungary is at the forefront in efficient and economical crop production and in quality food production, such as dealing with global problems –...

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A Hungarian merchant house opens in Rio de Janeiro

The first Hungarian merchant house opens in South America in Rio de Janeiro within days. Later an another merchant house is expected to open in Mexico – MTI wrote referring...

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Tax frauds declined in the Romanian bakery industry due to reduced VAT

According to the datas of the Romanian bakery producers tax frauds declined by about 20 percent in the sector due to the reduced VAT on bakeyr products, that was introduced...

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Top level cleaning

According to Dalma Kiss, trade marketing manager of Unilever, sales in the chemical cleaner category have been growing in 2014. As for the various sub-categories, wet wipes, sprays and toilet...

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Restructuring in the pet food market

The growth rate of the pet food market is slowing down this year. Zsolt Forczek, marketing manager with Nestlé Purina told Trade magazin that single-portion wet cat food and treats...

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FM: the government immediately helps the apple producers

The government provides immediate financial assistance to apple growers; can not wait for Brussels, and launches a program to deal with the situation in an amount of 3.16 billion HUF...

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Agreement between the CO-OP Hungary Zrt. and the Dairy Product Board

The CO-OP Hungary Zrt. – after becoming a member of the Council dated – signed a cooperation agreement with the Dairy Interprofessional Product Board. The CO-OP is the fourth among...

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Opten: the number of liquidations is reducing

The number of liquidations was as low as in Agust 2014 almost a year ago, in September 2013. The registry court deleted 2309 companiey in August 2014, while the indicator...

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Milk farmers demonstrate for better market conditions

This summer farmers demonstrated on the roads to call attention to the import dumping of dairy products – many of which are imported illegally and sold at very low prices....

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60 billion HUF a year can be spent on agricultural subsidies linked to production

From the next year unil 2020, an annual 60 billion HUF can be spent on the production of specified crops, on the support of horticulture and for protein crops –...

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The harvest begins in the Tokaj wine region

Despite the rainy weather the harvest is expected to be started in the Tokaj-hegyalja historic wine region on Monday – the Tokaj Kereskedőház Zrt. told MTI. The company told that...

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The tenth of the sunflower was harvested in Komárom-Esztergom county

Only 1,300 hectares of sunflower was harvested from the planted 11 thousand hectares of sunflower in Komárom-Esztergom county. The rainy weather is an obstacle in harvesting the rape as well...

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Nearly 16 tons of fish to be planted to the lakes and watercourses of Vas county

Nearly 16 tons of fish to be planted to the lakes and watercourses of Vas county during the autumn. On Thursday, about 2.7 tonnes of carp and grass carp to...

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A supermarket was opened in China without staff

The supermarket is equipped with vending machines. No staff is required in the supermarket opened in Qingdao Northeast China – the sina.com news portal reported. China's first ever shop without...

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Mushroom production may double

By 2020 Hungary’s mushroom production may double, from the current 25,000-30,000 tons/year to 50,000-70,000 tons. Information from FruitVeB’s mushroom branch reveals that production value may rise to HUF 30-40 billion...

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Changing price level

The Agricultural Economics Research Institute (AKI) keeps monitoring and publishing the world’s agri-food prices and trends. Their latest report reveals that at the Budapest Wholesales Market on week 31 the...

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KSH: Agricultural producer prices fell 5.1 percent in July

In 2014, the agricultural producer prices declined by 5.1 percent, compared to the same period of 2013- the Central Statistical Office (KSH) reported on Friday. The price of plant products...

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Cash register raid: the NAV closed restaurants and a café

The National Tax and Customs Authority closed two restaurants and a café, due to irregularities in several occasions. The inspectors of the tax authority held raids with an intensity never...

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Only a few farmers have have checked in for the temporary support

The European Commission opened extraordinary and temporary support measures to the producers of some kind of fruits and vegetables with a budget of 125 million euros in order to help...

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More livestock

In the first half of 2014 Hungary’s pig stock improved by 82,000 and the cattle stock increased by 5,000 – reported the Central Statistical Office (KSH). In the middle of...

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FruitVeB plans cooperation with Milan wholesale market

Hungary’s Interprofessional Organisation for Fruit and Vegetable (FruitVeB) and Milan wholesale market Sogemi are negotiating the conditions of a future cooperation. Hungary’s fruit and vegetable sector aims at increasing production...

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Hungary’s favorite fish is the carp

The carp is the clear winner of the fish popularity contest – Hungarians like carp the most among the fish. The survey on the domestic fish consumption also revealed that...

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The EU applications can get the green light

“After the new finalized EU partnership agreement, the next step will be the adoption of the operational programs. The specific call for applications is expected to be released in the...

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The NAV is welcomed as a regular in the patisserie

It is a beautiful tradition that the regulars get their mug at restaurants. In the Auguszt patisserie in Budapest a new name was painnted on the mug: the NAV also...

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The environmental burden of the households decreased by a quarter in the ÖkoKör

The household water and energy consumption, as well as the waste production of the 650 households that are taking part in the ÖkoKör reduced by about a quarter since 2010....

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This year’s wheat is at a safe place

Farmers just about completed the harvest by 1 August all over Hungary. Data by the Grain Producer’s Association – Hungary (GOSZ) show that average yields were as forecasted in the...

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Fruit harvest may be 1 million tons

This year’s fruit harvest may reach 1 million tons – according to a survey conducted by Hungary’s Interprofessional Organisation for Fruit and Vegetable (FruitVeB). The reasons behind this are the...

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Supply chain management and technology share a common future

A global IBM survey asked logistics and supply chain managers about how technology is changing their work. The study has been conducted with the participation of more than 200 managers...

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Developments may make rural tourism competitive

Géza Szabó, vice president of the National Association for Village and Farm Tourism (FATOSZ) has called attention to the importance of development projects, thematic routes and training programmes in order...

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