Market News
Four million HUF of contraband cigarettes were found in Barabás
Date: 2014-10-22 11:05:10
Finance officers found four million HUF worth contraband cigarettes in Barabás Szabolcs-Szatmár-Bereg county. Dávid Zoltán financial officer of customs and immigration department head of the Board of Directors, and press...
Read more
Are shop assistants selling?
Date: 2014-10-22 00:06:04
I think that neither retailers nor manufacturers concentrate on the psychological aspects of shopping as much as they should. The human factor has been pushed aside while in stores there...
Read more
KSH: the rise of earnings accelerated in August
Date: 2014-10-21 11:50:53
In August, the gross and net wages rose by 4.4 percent in in the private sector after the 3.4 percent rise of the previous month and increased yb 2.3 percent...
Read more
The VHT welcomes the extension of the VAT cut for an another circle of animals
Date: 2014-10-21 11:45:10
The Livestock and Meat Interprofessional Organization and Marketing Board (VHT) welcomes the extension of the reduction of the value added tax (VAT), to a new range of animals – Menczel...
Read more
Fish producers has partnered with NAV
Date: 2014-10-21 11:32:00
The main objective of the cooperation is to launch the dramatically low domestic fish consumption. to a growing path. “This reach this goal it is essential to develop fish farming...
Read more
Russia is limiting the importation of another animal products
Date: 2014-10-21 11:31:42
In addition to the import ban of the secondary beef products Moscow prohibits the importation of other animal products too from the EU Member States to Russia – the Russian...
Read more
The Puskás beer soon to be introduced
Date: 2014-10-21 11:31:40
The Puskás beer named after the legendary Puskás Ferenc will be available in the stores after the national holiday on 23 October. According to the PUSKAS.COM Kft. the product will...
Read more
Rising cocoa prices, reducing production volume
Date: 2014-10-21 11:30:24
The cyclic changes in the price of cocoa are serious threats to the West African small farmers, but the sweet industry seeks to nake the production more efficient and sustainable...
Read more
The NAV struck in Békés
Date: 2014-10-21 11:20:57
The finance inspectors of the National Tax and Customs Authority (NAV) seized four illegal distillery equipments, thousands of liters of pálinka and 121 kilograms of dried tobacco leaves at two...
Read more
Two-digit sales growth in both value and volume
Date: 2014-10-21 08:50:50
In November-December 2013 retail units – calculated without butcher’s shops – had a nearly HUF 6-billion revenue from wiener sales. Value sales were up 12 percent from the level of...
Read more
The NÉBIH is increasingly investigating the autumn seasonal products
Date: 2014-10-20 12:00:13
The National Food Chain Safety Office (NÉBIH) highly examines the quality and traceability of autumn seasonal vegetables and fruits at the markets as well as importers activities. According to the...
Read more
4.145 billion euros for rural development program in Hungary
Date: 2014-10-20 11:55:39
4.145 billion euros – more than 1200 billion HUF will be available in the scope of the rural development program during the current fiscal period lasts until 2020 – Kis...
Read more
NGM: No obstacles to organize Advent fairs
Date: 2014-10-20 11:22:09
Thanks to two government amendments to fairs can be held in public areas before Advent can so the obstacle has been removed from several Advent Fairs – such as in...
Read more
The NAV seized a considerable amount of cigarettes and tobacco in Borsod
Date: 2014-10-20 10:37:04
Two thousand five hundred boxes of contraband, mainly Ukrainian cigarettes and more than a hundred kilograms of cut tobacco were seized in Borsod-Abaúj-Zemplén county by the finance officers of NAV...
Read more
The record truffle was exhibited at the Hungarian Agricultural Museum
Date: 2014-10-20 10:36:51
Hungary’s largest truffle was transported to the Hungarian Agricultural Museum. The 1.28-kgs heavy truffle found in the Jászság was handed over to the museum by Fazekas Sándor, Minister of Agriculture...
Read more
New product from lemon juice maker Olympos
Date: 2014-10-20 10:16:25
Tea market trends influence lemon juice sales too. According to Vilmos Várkonyi, Maspex Olympos Kft.’s group brand manager, the spreading of fruit teas had negative influence onlemon juice sales because...
Read more
EU proceeding was initated in the case of the “pretended” land contracts
Date: 2014-10-17 11:55:22
The European Commission launched infringement proceedings on Thursday, due to the Hungarian act terminating the usufruct right of foreign investors on the Hungarian agricultural lands. The act came into force...
Read more
Interest subsidy to the producers' organizations
Date: 2014-10-17 11:23:30
The producers' organizations taking part in the Working Capital Loan Program will receive interest subsidy – according to the government's decision. According to the regulation, published Hungarian Official Gazette the...
Read more
Record quantity of corn is harvested in Békés county
Date: 2014-10-17 11:23:01
A record volume of corn is harvested Békés county. The average yield per hectare is expected to exceed 7 tons – the Secretary of the Békés county Agricultural Association informed...
Read more
Surge in television ad spending
Date: 2014-10-17 09:47:37
The annual tea market was bigger than HUF 12 billion between June 2013 and May 2014. Sales contracted 1 percent in both value and volume. Stores with a floor space...
Read more
Magazine: Pampering cosmetics for Christmas
Date: 2014-10-16 13:01:52
Melinda Jáger, Beiersdoft Kft.’s shopper & customer marketing manager told our magazine that the company pays special attention to supporting families, since in the last 100 years Nivea has become...
Read more
Beekeepers may notify a force majeure
Date: 2014-10-16 11:35:27
This year, the Hungarian agriculture faced different weather conditions, in particular the effects of the Yvette cyclone in May has caused serious damages to the domestic colonies, so the Ministry...
Read more
The rules of the agricultural insurance premium subsidy are changing
Date: 2014-10-16 11:32:35
Due to changes of the EU rules, the rules of agricultural insurance premium subsidy are changing. The most important change is that from November 2014 exclusively the micro, small and...
Read more
The Food Bank Association’s Donation Convoy to carry 50 tons of food for the needy
Date: 2014-10-16 11:20:37
The Hungarian Food Bank Association launches its Donation Convoy every year on 16 October on the World Food Day jointly with the FAO. The initative would like to draw your...
Read more
Discontent in Israel, due to cheaper chocolate pudding from Berlin
Date: 2014-10-16 11:00:03
A bill of a young man emigrated to Israel has triggered a wave of serious dissatisfaction, which proves that chocolate pudding costs three times more in Israel than in Germany....
Read more
Christmas gift packs much more popular than before
Date: 2014-10-16 09:06:15
In November-December 2013 Hungarian consumers spent nearly HUF 4 billion on 2.5 million gift packs – in value 18 percent more and in volume 21 percent more than in the...
Read more
At the starting line of a category management project
Date: 2014-10-15 21:50:00
After the years of recession, in category management it is becoming more and more realistic a goal once again to achieve a sales increase. Nielsen contributes to this by organising...
Read more
Loyalty across channels (Part 1)
Date: 2014-10-15 21:46:48
Customer loyalty specialist ICLP has recently published their latest study on customers who are active in several channels. Consumer behaviour is changing at breakneck speed, thanks to rapid technological development...
Read more
Let’s bargain!
Date: 2014-10-15 21:43:51
PriceWaiter (USA) developed an app called ‘Name Your Price’, with the help of which potential buyers can bargain for products. Andrew Scarbrough, one of PriceWaiter’s founders reckons that the internet...
Read more
