Market News
The Russian pork embargo remains: breeders have to look for new markets
Date: 2014-07-08 12:10:20
New markets will be required if the Russian pork embargo lasts longer. The action over the past few months has caused a loss of 580 million euros in exports to...
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COOP, the oldest partner of the Hungarian dairy farmers
Date: 2014-07-08 11:14:25
It is unworthy to attack a purely Hungarian-owned store chain that is a reliable, stable partner of the Hungarian milk producers and domestic customers for decades – the COOP Gazdasági...
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South-East Asian export recovery programs to the Hungarian enterprises
Date: 2014-07-08 11:10:04
Those Hungarian companies that are operating in environmentally friendly technology industry can sign up to the export stimulus program that is helping to access the South-East Asian markets until 11...
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Dairy producers are demonstrating for more favorable market
Date: 2014-07-08 11:05:21
The dairy producers are demonstrating for more favorable market with half-track road closure in three places on Tuesday. In Budaörs Nagytarcsa and Pécs – Hegedűs Imre, head of the demonstrating...
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Anthrax has been detected in a beef in Heves county
Date: 2014-07-08 11:00:25
On Saturday, the Veterinary Diagnostic Directorate of the National Food Chain Safety Office (Nébih) found anthrax in beef at a slaughter house in Heves county – the Nébih informed MTI...
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Retail sales increased in the Czech Republic
Date: 2014-07-08 10:28:32
On an annual basis, the retail sales in the Czech Republic increased by 1.1 percent in May. In a monthly comparison, however, the decline was 1.5 percent – the Czech...
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How to become a personal brand?
Date: 2014-07-08 09:56:19
Trade Marketing Club welcomed summer with a barbecue party in La Perle Noire restaurant (a place recommended by the Michelin Restaurant Guide). Zsuzsanna Hermann welcomed participants and members of the...
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The Hungarian melon production has strengthened in recent years
Date: 2014-07-07 11:50:54
The Hungarian melon production became stronger in the past years. Nowadays watermelons are produced on about six thousand hectares instead of the former about five thousand hectares – the Minister...
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Cherry market tensions are getting more intense
Date: 2014-07-07 11:12:09
The purchasing of the freshly grown cherries for industrial use has stopped, because the processors are speculating on state aid – agrarszektor.hu. wrote after Magyar Nemzet. Nagy István, Parliamentary Minister...
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More than seventy thousand counterfeit products were seized in an EU action
Date: 2014-07-07 11:11:24
More than seventy thousand counterfeit goods were seized by the customs authorities of the EU Member States under the ERMIS coordinated action – the European Commission announced on Monday. The...
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The future expectations of the companies is stagnating
Date: 2014-07-07 11:08:57
The expectations of the domestic enterprises for the coming year have not changed substantially, compared to the first quarter of the year. The K&H SME confidence index is currently -10...
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1.2 million HUF for a bunch of grapes
Date: 2014-07-07 10:51:32
A bunch of special quality, fresh and juicy red grapes were sold for 550 thousand yens (1 million 230 thousand HUF) at an auction on Saturday, in Ishikawa Prefecture, Japan....
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Alcohol and cigarette prices increased significantly in Egypt
Date: 2014-07-07 10:30:06
As part of the austerity measures, the alcohol and cigarette prices were increased significantly in Egypt, two days after the fuel prices increased by close to 80 percent – the...
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Advertising Tax: stricter conditions for the reduction of the tax base
Date: 2014-07-04 12:00:50
The advertising tax base can only be reduced this year, if the taxpayer's pre-tax profit is zero or negative in the financial year of 2013. The National Assembly accepted the...
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This year's bread grain harvest is encouraging
Date: 2014-07-04 11:55:31
On the basis of the experience of the harvesting process this year's bread grain harvest is encouraging – Fazekas Sándor, Minister of Agriculture told in Kunhegyes on Saturday. The minister...
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Cocoa may become more expensive
Date: 2014-07-04 11:40:18
Because of the huge Asian chocolate demand, the price of cocoa beans is in heights have not seen for three years, 3,133 USD per tonne. The expected long-term supply crunch...
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KSH: the foreign trade surplus was 629 million euros in April
Date: 2014-07-04 11:23:18
In April 2014, exports increased in euros by 3.1 percent, while imports calculated in euro increased by 4.2 percent. The export surplus was 629 million euros, 44 million less than...
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Imported melons can cause losses to the producers
Date: 2014-07-04 11:13:44
The below market price sales of the lower quality Greek watermelon poses a threat to the Hungarian producers – the pesticide and seed distributor Syngenta Magyarország told to MTI on...
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Raben Group: present in the Baltic countries’ logistics market for 10 years
Date: 2014-07-04 09:27:46
Raben Group celebrates ten years in the Baltic sates. Currently there are three Raben companies and five offices in the region, located in Vilnius, Riga, Tallinn, Kaunas and Klaipeda. Raben’s...
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Consumption, confidence, worries
Date: 2014-07-04 09:05:16
Besides purchasing power, consumer confidence and buying willingness also have big influence on demand, and therefore on retail turnover. From this point of view it is good news that in...
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Experts: retail sale is clearer, but increased slower
Date: 2014-07-03 12:20:06
The retail expansion slowed in May,, but it can be seen that the introduction of the online cash register system launched processes in the sector – experts told MTI. The...
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KSH: retail sales rose in May
Date: 2014-07-03 12:05:53
The volume of retail sales increased by 5.1 percent in May, compared with a year earlier, according to the raw data and working day adjusted datas – the Central Statistical...
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GfK: stagnant consumer confidence, the willingness to buy increases
Date: 2014-07-03 12:00:02
According to the analysis of the GfK Consumer Confidence Index, consumer confidence has remained virtually unchanged in this year's second quarter, to the high mood during the parliamentary elections in...
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The testing of the Mobile Wallet has ended
Date: 2014-07-03 11:30:59
We work in full swing to introduce the trade Mobile Wallet service, Pukler Gábor, president of the Hungarian Mobile Wallet Association announced after the test operation of the Mobile Wallet...
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The average price of wheat significantly declined in June
Date: 2014-07-03 10:55:03
The value of the Magro Grain Index (MGX), that is indicating the joint price movings of the Hungarian grain types declined by 2 percent in June, breaking the previous upward...
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The government spends three hundred billion HUF for food industrial developments
Date: 2014-07-02 11:50:26
In the following years, the government will spend about three hundred billion HUF for Hungarian food industrial developments – Prime Minister Orbán Viktor said on Wednesday in Maklár, at the...
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NAV: It is a misunderstanding that the deadline the cash register replacement has expired
Date: 2014-07-02 11:45:04
The old-type cash registers cannot be operated since 1 July, the National Tax and Customs Authority (NAV) only receives receipts issued by the new cash machines – Magyar Nemzet wrote....
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The watermelon season starts this weekend
Date: 2014-07-02 11:35:11
The watermelon season starts this weekend in Hungary, the arable fruit is continuously ripening and within a few days will appear in the domestic market – the president of the...
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The responsible alcohol consumption campaign continues
Date: 2014-07-02 11:12:45
The Never Drink When You're Driving! campaign will be organized in Hungary for the eighth time this year. The organizers aim to promote the responsible consumption of alcohol, and they...
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OKSZ: smaller amount discount actions can be expected this summer
Date: 2014-07-02 11:10:53
According to the National Retail Federation (OKSZ) during this year's summer sales smaller extent price falls are expected and the range of items can be narrower than in the past....
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