Market News
Lower grape yields, lower prices at the Szekszárd wine region
Date: 2014-09-23 11:10:47
Experts expect lower quality and less grape harvest at the Szekszárd wine region than in previous years, where the harvest of Gamay has been started recent days. According to winemakers...
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Closer to Africa
Date: 2014-09-23 09:27:05
nnovation for Africa is a programme organised by the Foundation for Africa and INNOVATIO Management Kft., the goal of which is to lay the groundwork for mutually beneficial and sustainable...
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Hungary’s first trading house in Africa opens in Ghana
Date: 2014-09-23 09:23:26
At the end of July Hungary’s first trading house on the African continent opened in Accra, the capital city of Ghana. The Hungarian National Trading House Zrt. (MNKH) already has...
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The GKI has improved this year's growth forecast
Date: 2014-09-22 12:00:29
The GKI Economic Research Co. has improved this year's economic growth forecast. According to its most recent forecast the GDP in 2014 will increase by 3 percent, and the next...
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Union did not support the Hungarian applicants to withdraw the fruit and vegetable surplus
Date: 2014-09-22 11:50:33
The Hungarian applicants will not receive EU support to withdraw their fruit and vegetable surplus from the markets, because the 125 million euros support amount ran out, so the proposal...
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Constantly expanding lendings to the SMEs
Date: 2014-09-22 11:40:22
The loans are continuously grow at the K&H since the beginning of the year, while growth remains unstable on the overall market. The Growth Loan Program and the long term...
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So far, 150 tonnes of vegetables have grown in 37 settlements in the scope of the Food Avalanche action
Date: 2014-09-22 11:10:13
The local governments that joined to the Food Avalanche Programme have collected 150 tonnes of vegetables in in 37 settlements so far. The collection continues, the crops will be transported...
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The MVH in Csongrád county moves to an another location
Date: 2014-09-22 11:02:50
The new address of the Csongrád county Agriculture and Rural Development Office (MVH) will be Fő fasor 16-20, szeged from 29 September 2014. According to the information received from the...
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A twenty-eight-million HUF contraband cigarette shipment was seized by the NAV
Date: 2014-09-22 11:00:06
A policeman noticed a 28 million HUF worth contraband cigarette shipment in the outskirts of Nagyhódos – the Szabolcs-Szatmár-Bereg County Police press officer told MTI on Saturday. He saw cars’...
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Stronger Hungarian presence in the Balkans
Date: 2014-09-22 09:16:07
From the Balkan states Slovenia, Bulgaria and Croatia are already members of the European Union and Serbia has started accession talks. In 2012 Hungary’s agricultural export to the Balkan countries...
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Rattling bones
Date: 2014-09-22 08:13:16
The summer of 2014 brought major changes in the world’s financial markets and from scenarios envisaged earlier the negative ones seem to have started to be realised. The European Union...
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Livestock breeders can expect job creation support as well
Date: 2014-09-19 11:45:57
Until 2020, the Ministry of Agriculture in provides a total of 212 billion HUF – 180 billion HUF from national sources – plus support to create jobs in the livestock...
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Credit card payment: soon at the vending machines
Date: 2014-09-19 11:42:09
The Ingenico Group, the global market leader for easy and secure payment solutions, presented its payment solution designed for vending machines the iSelf product group on 12 September 2014 at...
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The missing eggs of Donetsk can be replaced from Hungary
Date: 2014-09-19 11:32:50
The Myronivsky Hliboproduct Ukraine’s largest, poultry plant stopped to operate its plants in the Donetsk region, because of the continuous combat operations in August. Incidentally, this is the region, where...
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The construction of the Hungarian pavilion at the Expo Milano 2015 begins
Date: 2014-09-19 10:55:12
The contract of the land and foundation works of the Hungarian Pavilion at the Milan World Expo Milano 2015 was signed on Wednesday in Milan, so the construction of the...
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Hungarian trading house opens in Skopje too
Date: 2014-09-19 10:02:41
On 21 July the Hungarian National Trading House Zrt. (MNKH) opened its 12th trading house in the Macedonian capital, Skopje. At the opening ceremony state secretary for external economic relations...
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KSH: the yields of cereal crops increased by 6.1 percent
Date: 2014-09-18 11:50:54
7.2 million tonnes of cereal grain was grown in 2014, 6.1 percent more than in the previous year, on a 3.1 percent larger area – the Central Statistical Office (KSH)...
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FruitVeB has proposals to increase the average apple consumption
Date: 2014-09-18 11:45:13
The Hungarian Fruit and Vegetable Interprofessional Organisation (FruitVeB) has several proposals to increase apple sales. According to Mártonffy Béla, president of the organization in the short term the amount of...
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Gloss and care – not only for the ladies
Date: 2014-09-18 09:05:29
In the lip care category Creative World Kft. put two new Himalaya Herbals products on the market n the middle of last year – we learned from commercial director Zoltán...
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Changing weight of store types
Date: 2014-09-18 09:00:55
The six-month market of general cleaners is between HUF 5 and 6 billion. In the examined period value sales rose 4 percent but volume sales reduced by 2 percent from...
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Savings Bank: the GDP growth may be 3.5 percent this year and 2.9 percent in 2015
Date: 2014-09-17 12:00:31
The analysts of the Savings Bank increased the expected GDP growth for this year to 3.5 percent, from the previously estimated 3.1 percent. The analsts expect a 2.9 percent growth...
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Apple consumption promotional campaign has been launched
Date: 2014-09-17 11:59:46
This year a record harvest is expected of apples. The sales have became more difficult, due to the Russian embargo, so the Ministry of Agriculture (FM) helps the promotion of...
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GKI: Procurement? Innovatively?
Date: 2014-09-17 11:55:12
The essence of the phenomenon that is called European paradox is that excellent academic results born in the union, but very few novelties are created, that will be marketed as...
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The Russian embargo may cause chain debts in the Hungarian food industry
Date: 2014-09-17 11:48:49
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
Date: 2014-09-17 11:40:48
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
Date: 2014-09-17 11:25:51
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
Date: 2014-09-17 11:20:31
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
Date: 2014-09-17 10:01:59
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
Date: 2014-09-17 08:57:04
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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