Market News

No receipt, you’ll be fined

The series of actions of the National Tax and Customs Authority’s to be continued in the Asian malls. The staff of NAV returned to two previously inspected Asian malls last...

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China is the world leader in the number of brands

The number of Chines brands is 7.61 million. It is a world record. But experts say it does not mean that the Chinese companies are innovative or the Chinese goods...

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The NAV is investigating retrospectively

After the expiry of the time limit for the cash register exchange, the traders worried that the NAV not only investigates their current activities on the basis of the cash...

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Online retail sales increased by nearly 30 percent of in the second quarter

The turnover of the six biggest online retail sector amounted to 35 billion HUF in the April to June period, 30 percent higher than the year's first quarter – according...

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Nielsen: the sales of antiobesity products without prescription have increased

The retail sales of non-prescription antiobesity products increased again, and reached 2.2 billion HUF between July 2013 and June 2014. This is 6 percent more than during the previous twelve...

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Analysts: foreign trade surplus may be lower this year

The Central Statistical Office (KSH) significantly corrected the foreign trade balance – according to analysts interviewed by MTI. The analysts agreed that foreign trade surplus may be lower this year....

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NÉBIH: German salmonella eggs did not enter Hungary

Hungary has not received salmonella infected eggs from Germany – the National Food Chain Safety Office (NÉBIH) told MTI on Tuesday. According to the news the possibility that Hungary received...

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Magazine: Brave new world

A survey conducted in the USA found that 90 percent of 18-29 year olds sleep with their mobiles next to the bed and the average person uses their mobile for...

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Tabula rasa

The political decision to grant 60 percent of European Union funding to the SME sector – instead of the previous period’s 16 percent – creates a rare opportunity for the...

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NGM: an important phase in the fight against the black economy has been completed

According to the Ministry of National Economy (NGM) after nearly two years of preparation an important phase in the fight against the black economy has been completed. The revenues of...

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2300 companies on the positive consumer list already

Already 2300 companies can be found on the positive consumer list that is recognizing the law-abiding businesses – the the Director-General of the National Consumer Protection Authority (NFH) told at...

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Cherry processing will be given support

The cherry producers can take non-refundable general support to process the surplus of cherry and for the temporarily withdrawn of the processed cherries from the market and on the basis...

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More attention should be paid to promote the preparation for the sales of fruit

Much more attention should be paid to promote the preparation for the sales of fruit in Hungary – Füredi Gábor, executive director of the Hand Trading Ltd. told MTI. The...

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The new school year starts again with fresh fruit in schools

Due to continued success, the National School Fruit Scheme starts again in the new school year. The great initiative has been in operating in Hungary since 2009. Each year more...

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HIPA: the governor of China's Hebei province of the led the business delegation during the negotiations in Budapest

The governor of Hebei Province of China, led a business delegation on Monday in Budapest – the National Investment Agency (HIPA) told MTI. According to the informations of HIPA, the...

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Magazine: A complex industry with many players

The supply chain plays a decisive role in the value chain: transporting ingredients, finished and semi-finished products in a fast, efficient and safe way constitutes great competitive advantage. Logistics has...

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Horticulture, animal husbandry and the manufacturing industry will play a key role

In the next cycle of the EU, the Hungarian government wants to give a key role to horticulture and animal husbandry, Feldman Zsolt told on Szentes on Friday, at a...

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The online cash register found illegal workers

Online cash registers busted those employers who have tried to circumvent the rules of employment. The inspectors of the National Tax and Customs Authority inspected businesses wiith more than online...

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The melon growers in South Békés had a worse-than-expected year

The melon growers in South Békés had a worse-than-expected year. The season ended in the middle of August, due to the rainy and humid weather – the president of the...

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Hungary can also use the EU support on storing the dairy products

Hungary can also use the support of the European Union, which provides support to store certain milk products to mitigate the effects of the Russian embargo – the Ministry of...

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The Bábolna TETRA Kft. bred new laying chickens

In cooperation with the University of Kaposvár, the Bábolna TETRA Kft. bred two new varieties of chicken hybrids. At the end of a two-year process, the animals soon to be...

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German retail sales fell in July

German retail sales fell in July, compared with the previous month. According to the German Federal Statistical Office’s seasonally adjusted datas, the deacline was 1.4 percent in real terms and...

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Russia may reach a record grain harvest this year

Since the breakup of the Soviet Union, Russia can expect a record grain harvest this – Bloomberg news agency’s website wrote. The Russian Grain Union, estimates this year’s cereal crop...

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Magazine: The world of spices is getting more international

The introduction of the public health product fee (NETA) last year raised spice and dry condiment average prices. Anita Pethő, commercial director of Böllér Fűszer Kft. told our magazine that...

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Randstad research: the proportion of black economy reduced in Hungary

The proportion of the black market in the gross domestic product (GDP) amounted to about 22 percent in Hungary in 2013, now a 1 percent decline occurred – according to...

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The sunflower harvest begins in Békés county

The sunflower harvest begins in Békés county. The maturation acceleration management of crops has been completed in most places, the harvesting of the plant will begin next week – the...

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Within a year mobile data traffic grew by 60 percent globally

In one year – between the second quarter of 2013 and second quarter of 2014, the the global mobile data traffic rose by 60 percent – Ericsson’s Mobility Report revealed....

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Economic sentiment deteriorated both in the EU and in the euro zone

The economic sentiment deteriorated in August in the European Union (EU) consisting of 28 Member States and in the euro zone consisting of 18 Member States – according to the...

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The corporate sector sees the greatest development potential in agriculture

A recent survey by GKI Economic Research revealed that Hungary’s EU membership has definitely had a positive influence on the corporate sector. 49 percent of companies reported positive effects and...

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KSH: favorable retail sales datas in the second estimate

The volume of retail sales increased by higher extent than expected; by 4.1 percent in June, according to calendar-adjusted and raw datas, compared to the previous year – the Central...

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