Market News
Ipsos Health Minutes: Diet trends in Hungary
Date: 2014-09-10 11:20:55
The three-quarters of the Hungarian adult respondents are not suffering from any chronic diseases (or not aware of it), which would require special diets. Behind the changing of a diet...
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How to trade successfully in the agricultural sector?
Date: 2014-09-10 09:56:25
On 2 September the Rich Farmer Roadshow starts, the goal of which is to educate agricultural businesses about selling online and agricultural marketing. The conferences are organised by Magro.hu in...
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FHB Bank and Hungarian Chamber of Agriculture sign cooperation agreement
Date: 2014-09-10 09:52:21
The main objective of the strategic agreement signed on 7 August is to start a cooperation that is mutually beneficial and to use European Union and national funding in the...
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Salty sticks are tastier if made from Hungarian wheat
Date: 2014-09-10 08:54:07
Intersnack Hungary, the manufacturer of Chio products, makes snacks from Hungarian wheat in its Győr factory, which are exported to Kuwait, China and the USA. The company purchases and processes...
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KSH : the foreign trade surplus continued to increase in July
Date: 2014-09-09 11:50:11
In July, the exports calculated in euros increased by 8.4 percent, while imports increased by 7.9 percent in euros. The export surplus was 498 million euros, 66 million HUF more...
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MLSZKSZ: the Russian embargo may reshape Europe’s logistic map
Date: 2014-09-09 11:32:22
The biggest losers of the sanction war between the European Union and Russia are the logistics service providers, in addition to the companies that are exporting to Russia. The damage...
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The control in the City Park was disguised as a picnic
Date: 2014-09-09 11:31:54
The NAV inspectors disguised themselves as members of a group of friends on picnic who ordered food and drink from 6th and 7th District restaurants to the City Park lake....
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The MNKH and the VOSZ have signed a cooperation agreement
Date: 2014-09-09 11:31:06
The Magyar Nemzeti Kereskedőház Zrt. (MNKH) and the VOSZ have signed a cooperation agreement to help the the small and medium sized businesses to find new business opportunities. The goal...
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Increased market share for fruit juice
Date: 2014-09-09 10:19:34
Between December 2013 and May 2014 the fruit juice market expanded by 12 percent from the base period and sales reached HUF 21 billion; volume sales rose 7 percent. Orange...
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Bakers are afraid that the best wheat will be exported
Date: 2014-09-09 08:13:59
Tamás Éder, food industry vice president of the National Chamber of Agriculture (NAK) told our magazine that due to bad weather conditions during the harvest wheat quality deteriorated considerably –...
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Czerván György: the pig population grows again
Date: 2014-09-08 11:55:58
The decline in the pig population lasts for several years has stopped and the population of pigs has started to increase. According to the latest figures published in June 2014,...
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NAV: Research about the the state of the tobacco market soon to be ready
Date: 2014-09-08 11:50:56
The research about the the state of the tobacco market soon to be completed – the National Tax and Customs Office (NAV) told MTI on Saturday MTI. Suller György of...
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FM: It is important that goose breeding to regain its former importance
Date: 2014-09-08 11:48:36
The Ministry of Agriculture (FM) believes that the foie gras opened on Friday also helps to ensure that the Hungarian waterfowl- sector, including geese breeding to regain its former importance....
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Russian embargo: The EU can mobilize non-agricultural sources
Date: 2014-09-08 11:40:45
Because the European Russian import ban’s affects are not from agricultural sources, the European Union considers to mobilize in order to mitigate the effects – Maurizio Marina, Italian Minister of...
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THe ULT Magyarország Zrt. is starting the purchasing of tobacco
Date: 2014-09-08 11:30:50
ULT Magyarország Zrt. begins to purchase tobacco on 8 September – the CEO of the Nyíregyháza subsidiary of the U.S. Universal Corporation told MTI. Bittner Imre told that the company...
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Canned food is undergoing a stylistic change
Date: 2014-09-08 09:45:29
Retail sales of canned food haven’t changed for years. The reasons: a growing selection of fresh products in modern retail channels and a change in consumption habits. Convenience, practicality and...
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Only one fifth of this year’s wheat harvest originates from controlled, metal sealed seeds
Date: 2014-09-08 07:30:30
Official data prove that metal sealed seeds were sown only on 20 percent of Hungary’s agricultural land this year – this average is 50 percent in Western Europe. László Szilágyi,...
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The purchase price of wheat decreased, while the price of baerley increased in August
Date: 2014-09-05 11:35:25
The Magro Grain Index (MGX) showing the joint price movement of the Hungarian grains remained stable in August compared to the previous month. It is on 10,140.6 points at the...
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To possess or to enjoy? Social economy 2.0
Date: 2014-09-05 11:30:34
The broadband Internet has extended the opportunity to share our possessions with others or borrow objects, devices which we do not have ownership, but we need to use. Today, well...
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The NAV found boxes of tobacco and hidden cash registers
Date: 2014-09-05 11:15:10
A company did not pay the 217 million HUF excise tax after tobacco to be processed. The financial officers of the NAV found nearly 17.5 tonnes of cut tobacco, and...
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The meeting of historical traditions and modern business success at the Múltidéző Piactér
Date: 2014-09-05 11:03:36
In the first weekend of September, the Budapest Chamber of Commerce and Industry (BKIK) organized a free, three-day family festival – along with the innovators of the SzeptEmber Feszt –...
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Baidu presented smart chopsticks
Date: 2014-09-05 11:00:31
China's biggest search engine may have an ingenious way of helping consumers avoid food poisoning and tainted water while also improving their diets. Baidu, like its Silicon Valley counterpart Google,...
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Magazine: Which direction is the wheat market taking?
Date: 2014-09-05 10:22:28
Unfortunately heavy rains hit the wheat in the fields at the worse time possible, just before harvest started, in many parts of the country. Wet weather seems to have done...
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NESCAFÉ: building on innovation
Date: 2014-09-05 08:55:17
NESCAFÉ’s history has been one of innovation as well ever since the company’s beginnings. Their instant coffee debuted in 1938 and became the world’s most popular coffee brand and the...
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More commercials, more coffee sold
Date: 2014-09-05 08:49:45
Coffee retail sales reached HUF 26 billion in the December 2013-May 2014 period. Value sales grew 4 percent and volume sales rose 2 percent. Coffee is the 5th biggest-turnover grocery...
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The KSH has confirmed a GDP growth of 3.9 percent in the second quarter
Date: 2014-09-04 11:42:21
The gross domestic product (GDP) grew by 3.9 percent in the second quarter, compared to the previous quarter growth of the economy was 0.8 percent, according to seasonally adjusted datas...
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On the spot invoicing
Date: 2014-09-04 09:03:25
– ProgAdat’s wholesale system supports inventory management and it is capable of managing excise-duty goods and monitoring expiration dates. The new features of the system are dynamic invoicing and stock...
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KSH: retail sales in July rose by 2.3 percent
Date: 2014-09-03 12:20:48
The volume of retail sales increased by 2.3 percent in July both according to the calendary adjusted and the raw datas – the Central Statistical Office (KSH) announced on Wednesday....
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Retail sales declined in the EU
Date: 2014-09-03 12:00:18
On a monthly basis, the retail sales in the 28 member European Union (EU) declined by 0.4 percent in July, in the euro zone that ha 18 member states the...
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Every year the vendors have to check the cash registers: the responsibility of traders has increased
Date: 2014-09-03 11:55:29
To operate online retailers cash registers bgrought a number of changes in the life of the traders. This not only applies to daily use, but the maintenance, service rules. We...
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