Market News
Magazine: Life beyond trappist cheese
Date: 2014-08-21 10:40:41
Last year cheese volume sales dropped by a few percent but value sales improved a little. The reason of this was the increase in the price of raw milk in...
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Stricter pálinka control
Date: 2014-08-21 08:55:29
The National Food Chain Safety Authority (NÉBIH) reckons that one of the best ways to preserve the outstanding quality of Hungaricum pálinkas is performing strict product control by the authorities...
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Wanzl Hungary: online stores in focus
Date: 2014-08-21 08:50:00
Wanzl’s Logistics+Industry division established a set of services tailored to the storing, order picking, logistics and other needs of online retailers, which is now also available from Wanzl Hungary. In...
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Magazine: Risk analysts pick suspicious receipts
Date: 2014-08-20 12:47:06
The National Tax and Customs Administration’s (NAV) press office informed Trade magazin that in the days preceding and the days following the 28 February 2014 and the 30 April 2014...
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PC-based cash registers for retail chains
Date: 2014-08-20 08:50:12
Laurel’s authorised cash register systems constitute one third of PC-based online cash registers used by retail chains in Hungary. The company is involved in more than 10,000 selling points located...
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It is worth preparing for the new support strategy
Date: 2014-08-19 11:50:21
In the evolution of agricultural prices it can be clearly seen that unlike the prices of crop products, the price of live animals and animal products is gradually increasing. “This...
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The FM and the Hangya cooperative have renewed their strategic cooperation
Date: 2014-08-19 11:35:48
The Ministry of Agriculture (FM) and Hangya cooperation of cooperatives have renewed their strategic cooperation that was concluded in 2012 – Nagy István Parliamentary Minister of State announced on Monday...
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The European goods would be forwarded to Russia via Switzerland
Date: 2014-08-19 11:20:18
The European milk, meat and vegetable producers have turned to Switzerland with a formal request to transport their products via the territory of Switzerland to Russia – the Izvestiya Russian...
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The NAK and the interbranch organization proposes VAT cuts in the milk sector
Date: 2014-08-18 12:00:07
The National Agrarian Chamber of Commerce (NAK) and the Dairy Interprofessional Organization and Marketing Board (Dairy Board) suggests the decline of value added tax (VAT), from 27 percent to a...
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The agriculture is determinant in economic growth
Date: 2014-08-18 11:55:29
The role of agriculture is dominant in economic growth: the sector's total production expanded by 12.4 percent, its gross added value increased by 22 percent last year – Nagy István,...
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Problems with the service background
Date: 2014-08-18 11:32:24
The majority of the vendors have changed their cash registers into online cash machines. Cuurntly 151 thousand onmline cash registers can be found in the country. When sometimes the new...
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Apple growers can expect help
Date: 2014-08-18 11:31:22
The decree that will help the apple growers is under preparation. This year's record crop and the combined effect of the Russian embargo resulted in the record low price of...
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Chinese pork to Russia
Date: 2014-08-18 11:25:50
Russia allows the Chinese pork imports, due to replace the European imports, that was banned due to the African swine fever epidemic earlier thisyears. The Russian veterinary and phytosanitary service...
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Magazine: The store of the future at SIRHA Budapest (Part 3)
Date: 2014-08-18 11:15:45
Secondary displaying and island displays are of key importance in the stores of both the present and the future. An excellent example of this the Wanzl Possibility display. This modular...
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Harvest has begun in the Sopron wine region
Date: 2014-08-18 11:10:52
The harvest has begun in the Sopron wine region. The quality is perfevt, but the amount is lower than the low values of recent years – Taschner István mountain village...
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The Hungarian Ocimum Basilicum 'Purple' is the new king of ornamental plants
Date: 2014-08-18 10:58:28
The prestigious International Fleuroselect rewarded a gold medal to a Hungarian bred ornamental plant again, the Ocimum basilicum 'Purple' ie a a new type of basil. The staff of the...
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Self-commercials are expensive – Absurd of the day
Date: 2014-08-18 10:06:21
McDonald's Australia has been told off by the Australian Communications and Media Authority (ACMA), which polices the Spam Act across all Australian jurisdictions. The world-famous burger joint restaurant chain was...
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KSH: the decline in agricultural prices accelerated in June
Date: 2014-08-15 12:30:19
The decline in agricultural prices accelerated further in June. After the 14.9 percent decline of May it became 15.8 percent in June, compared to year earlier. The price growth of...
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Revenue from OTC products increased to 77 billion HUF in the first half of the year
Date: 2014-08-15 12:10:55
The retail sales of nonprescripted products (OTC products), increased by 7 percent to about 77 billion HUF during the first half of this year compared to last January-June – om...
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Magazine: Social media trends in the FMCG sector
Date: 2014-08-15 12:10:24
What does social media can give that digital media tools can’t? Three things: interactivity, being viral and potentially unlimited opportunities. ‘Facebook is more important than television’ – announced Nestlé in...
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Expert: the Russian import ban strenghtens the decline in prices in the Hungarian agriculture
Date: 2014-08-15 12:00:11
The Russian import ban amplifies the decline in prices on the agricultural products market in Hungary – Lukács László agricultural expert, former executive director of the Dairy Board told MTI...
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Fifteen thousand packs of cigarettes were seized in Tiszabecs
Date: 2014-08-15 11:00:12
At least fifteen thousand packs of cigarettes – presumably smuggled goods – were found in a house and in a car in Tiszabecs – the Szabolcs-Szatmár-Bereg County Police Headquarters wrore...
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Small shops’ share is above the average
Date: 2014-08-15 08:45:44
Like-for-like growth was 6 percent in spice retail value sales in December 2013-March 2014. Sales valued at approximately HUF 5 billion and volume sales were up 4 percent. The 401-2,500m²...
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Analysts: more than 3 percent annual GDP growth is expected
Date: 2014-08-14 12:20:54
The gross domestic product (GDP) increased over the expectations this year in the second quarter. According to analysts interviewed by MTI GDP can expand more than it was expected earlier....
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Europeans like the Hungarian corn
Date: 2014-08-14 12:00:28
One of the most dynamic culture of the domestic production of vegetables is corn. The largest growing area of the continent can be found in Hungary. The growing demand towards...
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This year, only fifth of the wheat was grown from controlled seed
Date: 2014-08-14 11:55:51
Good quality controlled seed was sown on only the fifth of the lands in Hungary, which according to the Gabonakutató Nonprofit Zrt. (Cereal Research Non-Profit Co.) can reduce the quantity...
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Next year, the farmers have to meet the requirements of greening
Date: 2014-08-14 11:45:36
The farmers should be prepared to meet the requirements of greening in 2015 – the Ministry of Agriculture (FM) draws the attention. The information of the Ministry of Agriculture (FM)...
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U.S. retail sales stagnated in July
Date: 2014-08-14 11:30:28
In July, retail sales in the United States have not increased compared to the previous month – the United States Commerce Department announced. Retail sales have not increased in July...
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The rainy weather badly affects the Italian wine production
Date: 2014-08-14 11:08:23
Due to the rainy weather, the Italian wine production is expected to be considerably lower than in the previous year, however, the vintage will be excellent at some wine regions...
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Online Retail Index was down
Date: 2014-08-14 09:42:39
According to the GKI Digital – arukereso.hu Online Retail Index survey, online retailers hope for a 15-percent expansion from last year’s HUF 133-billion turnover. They are optimistic despite the fact...
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