Market News
Hungary opens trading house in Mongolia this year
Date: 2014-11-28 10:10:42
A Hungary-Mongolia business forum was held on 18 October in Budapest, where Mongolian president Tsakhiagiin Elbegdorj told that agricultural technology, the pharmaceutical industry, infrastructural development and tourism are all possible...
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Hungarian SMEs introduced themselves in Macedonia
Date: 2014-11-28 10:08:01
Skopje, the capital city of Macedonia was the host of TEHNOMA, the most important trade fair in the Balkans. With the help of the Hungarian National Trading House (MNKH) several...
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2,500 billion HUF EU funds to the Hungarian agriculture until 2020
Date: 2014-11-27 11:50:36
A total of around 2,500 billion HUF will flow to the Hungarian agriculture between 2015 to 2020 for the direct payments from EU funds – Czerván György Minister of State...
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There will be enough fish for Christmas
Date: 2014-11-27 11:40:21
The Hungarian fish farms sell 20-25 percent of their annual volumes during the Christmas season. They promise that there will be enough fish for the Christmas holidays. In recent years,...
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KSH: 192 thousand more people had jobs in August-October than a year before
Date: 2014-11-27 11:12:01
This year, in August-October 4 million 184 thousand people were working in Hungary, from the 15-74 age group, 192 thousand more than a year before – the Central Statistics Office...
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The office of the Hungarian National Trading House in Cairo has been opened
Date: 2014-11-27 11:10:38
Semjén Zsolt Deputy Prime Minister opened the Hungarian National Trading House’s office in Cairo on Wednesday. The Hungarian Hungarian National Trading House’s office aims to reach new markets and new...
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Sopron mountain village: the spotted wing midge can be the “second phylloxera”
Date: 2014-11-27 11:08:25
If the cure will not be found, the spotted wing midge can become the “second phylloxera” “the second filoxérává” could become the spotted wing Drosophila – the President of the...
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The EP committee of experts supports the reduction of plastic bag use
Date: 2014-11-27 11:05:28
As lawmakers reached agreement this week to limit the use of plastic bags across Europe, industry voices warned that such rules will have a negative impact on trade in Europe's...
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China is the largest online market of products made of wild animals
Date: 2014-11-27 10:59:55
China has become the largest market for illegal wildlife trading with a huge number of related animal products being sold online, according to a new report by a major animal...
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Hungarian trading house opens in Brazil
Date: 2014-11-27 09:34:16
On 18 September the Hungarian National Trading House Zrt. (MNKH) opened its 14th trading house, which is the first in Latin America. The new trading house is in Rio de...
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KSH: the growth of consumption accelerated in September
Date: 2014-11-26 12:00:16
The growth of retail sales accelerated in September, while the volume of retail sales was 4.5 percent higher in September than a year before, after the 2.5 percent increase of...
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Nielsen: strengthening consumer confidence, increasing food sales
Date: 2014-11-26 11:58:38
The buying mood of the Hungarian consumers continued to increase during the last ten months. The retail sales value of food products increased by 5 percent, while in terms of...
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The range of products that can be sold in tobacco stores to expand
Date: 2014-11-26 11:25:06
Hegmanné Nemes Sára Minister of State of the Ministry of National Development, responsible for assets told that due to the social needs and expectations, the retailers' indications and practical experiences,...
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The food bank is expecting Christmas donations in 257 department stores
Date: 2014-11-26 11:09:10
The Hungarian Food Bank Association organizes its Christmas food collection this year again: on Friday and Saturday, donations of the population are accepted in 257 large stores of 140 settlements...
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The American Thanksgiving Day in numbers
Date: 2014-11-26 11:07:06
The Thanksgiving Day will be celebrated on Thursday in the United States, which is the most important American family celebration, beside Christmas. The US Census Bureau (USCB) has some data...
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The REGIO JÁTÉK became the LEGO’s domestic wholesale partner
Date: 2014-11-26 11:03:25
The Hungarian subsidiary of LEGO reorganized its wholesale business. One of the most well-known brand of the world, chose the REGIO JÁTÉK as its selective domestic wholesale partner. From the...
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Change in retail channels’ weight
Date: 2014-11-26 10:31:42
Grocery retail’s revenue from butter sales was more than HUF 10 billion in the December 2013-July 2014 period. Value sales were 13 percent higher than a year before and volume...
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Butters: spreadability is in the centre of attention
Date: 2014-11-26 10:29:45
Despite the strong price competition the Meggle brand does well in the butter category. Both value and volume sales have increased and among branded products Meggle is the 2nd best...
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When margarine and butter meet
Date: 2014-11-26 09:33:41
Ágnes Mohácsik, brand manager with Unilever Magyarország: – We try to offer products that meet consumption demand and fit in the healthy eating trend. Consumers focus on taste when choosing...
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The revenues of Hungarian wine sales increased in Germany
Date: 2014-11-25 12:00:52
The Hungarian wine sales increased by twenty-five percent in the past two years in Germany, which is the number one export market of the Hungarian wines – highlighted experts on...
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Pálinka Masters: the rules of pálinka and distillate making should be refined
Date: 2014-11-25 11:20:24
According to the vice president of the National Association of Pálinka Masters, the rules of pálinka and distillate making should be refined for next year in a way that will...
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Gemius: the majority of the Hungarian Internet users are women
Date: 2014-11-25 11:19:20
The recent analyzis of Gemius shows that in Hungary, one in four Internet users are between the age of 25 and 34. Also, one in four Internet users have secondary...
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The new round of the cash register exchange may come next summer
Date: 2014-11-25 11:13:09
The online cash machines may be introduced next July in those service sectors, which were not involved in the first wave. The professional organizations have asked the government to give...
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Spoiled foods and hazardous electronic equipments were found
Date: 2014-11-25 11:12:10
Fake branded clothes, spoiled foods and hazardous electronic equipment were found in the scope of a large-scale inspection at the Ganz plant on the Kőbányai road in Budapest. The inspectors...
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The Formatex Kft. expects a more than one billion HUF Christmas turnover
Date: 2014-11-25 11:05:27
This year, the Formatex Kft. plans to reach a net sales of 1.06 billion HUF during this year’s Christmas season. Compared to 2013 it is an increase of 13 percent....
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Pécs completes the building of industrial park
Date: 2014-11-25 09:58:03
Pécs completed the building of the 85-hectare Southern Industrial Park. The new industrial park is the result of a HUF 1.5-billion investment, from which HUF 460 million was financed by...
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New packaging plant in Tóalmás
Date: 2014-11-25 09:56:04
Húscsarnok Kft. invested HUF 300 million in building its new packaging plant in Tóalmás. The plant employs 60 people who make 25 tons of meat products a year. Last year...
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Mészáros Wine House opens hotel
Date: 2014-11-25 09:50:59
Mészáros Wine House offers complex wine-themed services. The 3-star hotel was built from HUF 694 million and can receive 44 guests. There is a 70-seat restaurant and a 150-seat conference...
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The GKI-Erste sentiment index declined slightly in November
Date: 2014-11-24 11:50:55
The seasonally adjusted value of the GKI-Erste sentiment index decreased slightly in November, compared to the very high value of October. According to a survey of GKI (www.gki.hu) carried out...
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Capital is continuously flowing into the European retail properties
Date: 2014-11-24 11:30:29
Thirty-three billion euros arrived to the European retail property market in the first nine months of 2014, which is the highest level since 2007. Hungary's share is 168 million euros...
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