Market News
The Hungarian National Trading House Pltd. starts to buy up apples
Date: 2014-09-26 11:40:55
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
Date: 2014-09-26 11:30:33
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
Date: 2014-09-26 11:15:55
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
Date: 2014-09-26 11:06:50
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
Date: 2014-09-26 11:05:52
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
Date: 2014-09-26 10:33:27
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?
Date: 2014-09-25 12:26:22
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
Date: 2014-09-25 11:55:57
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
Date: 2014-09-25 11:45:35
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
Date: 2014-09-25 11:20:36
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
Date: 2014-09-25 11:00:07
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
Date: 2014-09-25 10:58:25
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
Date: 2014-09-25 09:33:42
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
Date: 2014-09-25 08:35:29
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
Date: 2014-09-25 08:23:41
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
Date: 2014-09-24 12:30:31
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
Date: 2014-09-24 12:10:54
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
Date: 2014-09-24 12:00:27
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
Date: 2014-09-24 11:50:24
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
Date: 2014-09-24 11:48:19
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
Date: 2014-09-24 11:04:56
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
Date: 2014-09-24 11:00:21
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
Date: 2014-09-24 08:19:26
‘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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KKM: Hungary to receive 20.56 billion euros cohesion fundings between 2014 and 2020
Date: 2014-09-23 12:20:18
In the current EU budget period, between 2014 and 2020, the total cohesion fundings for Hungary is 20.56 billion euros (approximately 6,385 billion HUF) – the Ministry of Foreign Affairs...
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Kopint-Tárki: economic growth will be around an annual 3.5 percent this year
Date: 2014-09-23 12:10:53
The experts of the Kopint-Tárki Business Climate Research Institute say that the Hungarian economy will expand by about 3.5 percent this year and 2.7 percent next year. The Institute’s projection...
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Fruit and vegetable consumption promotional program started in Northern Hungary
Date: 2014-09-23 12:05:26
The EU program promotes the consumption of fruit and vegetables, which offers cooking and nutrition advices in Poland and in two regions of Hungary in Northern Hungary and in the...
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Pankucsi: new methods against VAT frauds, aeven after the cash register replacement
Date: 2014-09-23 12:00:04
The government may take further measures to fight against VAT frauds. According to the Deputy Minister of State for tax, the exploitation of electronic options can help a lot. Pankucsi...
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A compass to white wines
Date: 2014-09-23 11:42:16
The Ministry of Agriculture has published the White Wine excellences publication for the second time, which presents Hungary’s white wines in an exclusive form. Fazekas Sándor, Minister of Agriculture highlighted...
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Increasing amount of smuggled foods in Russia
Date: 2014-09-23 11:41:57
Following the import ban, the amount of food products smuggled from the EU via Belarus to Russia has increased – the Austrian ORF TV channel reports. According to the Russian...
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