Market News
The winners of the fifth tobacco shop tender were announced
Date: 2014-08-13 11:40:52
The results of the May 13 tobacco shop tender were announced. A total of 70 concessions were sold. Originally 88 concession rights were announced for 20 years and 659 applications...
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Tax inspectors stormed the pubs
Date: 2014-08-13 11:38:35
Large-scale, coordinated inspections were carried out by the National Tax and Customs Authorities in the capital. At the end of last week, the inspectors visited 32 frequented restaurants at the...
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The Chinese companies can benefit from the Russian food bans imposed on the West
Date: 2014-08-13 11:35:46
Some Chinese companies deliver food products directly to Russia which may benefit tremendously from the export ban imposed on the Western countries by Moscow. The China Daily reports that the...
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The NÉBIH continues the summer food inspections
Date: 2014-08-13 11:32:23
During the almost 4000 controls, the National Food Chain Safety Office (NÉBIH) imposed 37 million HUF fines in the first stage of the summer inspections. The monitoring will continue until...
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Magazine: It is a digital world
Date: 2014-08-12 12:54:07
The Ericsson Mobility Report forecasts that by 2015 there will be more mobile phone subscriptions then the population of the Earth. In the last twelve months the number of subscriptions...
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KSH: the decline in consumer prices has stopped
Date: 2014-08-12 12:00:42
In July, the inflation rate was 0.1 percent, after in the previous three months consumer prices declined, compared with a year earlier. Compared to June, the prices rose by 0.2...
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NAK: the warm, humid weather differently affected the crops
Date: 2014-08-12 11:55:14
The hot and humid summer weather differently affected the crops. It had a unfavorable affect on winter wheat, while on maize and sunflowers it had a positive impact – the...
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More than 145 thousand cash registers were installed to the system of the NAV
Date: 2014-08-12 11:45:27
The Ministry of National Economy (NGM) is not working on a proposal to extend the deadline of the support of the cash register replacement currently. The Ministry of National Economy...
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The VIMOSZ agrees with the postponing of the catering regulation
Date: 2014-08-12 11:35:05
The Federation of the Travel and Tourism Employers (VIMOSZ) agrees with the delaying of the new catering regulation. Gál Pál Zoltán, the president of the organization in his communication sent...
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MAGOSZ: the new support system helps the family farm
Date: 2014-08-12 11:30:24
The changes in the support system was occurred in favor to increase the competitiveness of the small, medium sized family farms – Jakab István, the president of the Hungarian Farmers'...
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A good year in agriculture
Date: 2014-08-12 09:40:19
According to the latest market report of the Agricultural Economics Research Institute (AKI), beef production in the European Union is expected to rise by 1 percent to 7.45 million tons...
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It is free to accept Euros, but it is not easy
Date: 2014-08-11 12:50:20
No special permission is required to accept euros in a retail shop, but certain tax policy regulations had to be kept – the expert of adózóna.hu warns. It is important...
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Moody's: economic growth is accelerating next year
Date: 2014-08-11 11:50:40
Year 2014 is expected to be below the average in terms of world economic growth, but the outlooks for the next year are better – Moody's Investors Service predicted in...
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The harvest begins on 11 August in Sopron
Date: 2014-08-11 11:30:16
Thanks to the good weather the harvest of the Irsai Olivér grapes will start in the hottest vineyards near the Fertő Lake in Sopron on Monday. The Taschner Bor- és...
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Ukrainian grain is invading the markets
Date: 2014-08-11 11:25:25
In recent weeks the grain exports of Ukraine has accelerated. This is partly due to the record harvest and the earlier than usual started harvest, but the fact that because...
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USD to be dropped off from Russian-Chinese trade
Date: 2014-08-11 11:10:53
The Russian and the Chinese central banks have developed a draft agreement on foreign exchange transactions in the accounts of the foreign trade turnover between the two countries, and to...
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The food prices can decline by 10-15 percent in the Czech Republic
Date: 2014-08-11 11:00:54
10-15 percent reduction in average food prices is expected in the Czech Republic, if the food excesses of the EU countries reach the Czech market, ue to the Russian embargo...
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Dairy Product Council: the Russian embargo may bring temporary price reductions
Date: 2014-08-08 12:00:00
The Russian ban on imports of the European Union may temporarily reduce the price of dairy products, because the merchants will ty to sell the products at at dumped prices...
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FM: the livestock breeding will be the winner of the 2014-2020 budgetary cycle
Date: 2014-08-08 11:35:13
The small and medium-sized livestock farms will be one of the biggest winners of the European Union’s budgetary cycle for between 2014-2020 and will contribute to the emergence of the...
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Békés County would increase the number of pigs to one million
Date: 2014-08-08 11:34:46
The second chapter of the swine strategy Békés County has been completed. – was announced by Farkas Zoltán, the Chairman of the Békés County Local Government. The Local Government of...
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Palóc Linzer to be manufactured in Érsekvadkert from September
Date: 2014-08-08 11:20:15
Palóc Linzer will be manufactured from September in Érsekvadkert, Nógrád county. In the supported program, nine employees will be given work for 28 months – Percsina Norbert informed MTI on...
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EU has only negotiated over the compensation of the apple growers
Date: 2014-08-08 11:18:59
The European has only negotiated over the compensation of the Polish apple growers’ losses due to the Russian embargo on exports. The other fruit and vegetable growers were mentioned only...
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They NÉBIH raided successfully
Date: 2014-08-08 11:04:00
The authorities seized five and a half tons of fruits and vegetables during a control at the Budapest Wholesale Market. In the action the inspectors ordered the sales restrictions of...
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Cheese up!
Date: 2014-08-08 08:34:26
For the 39th time, World Milk Day took place on 2 June with many programmes and professional forums in Kaposvár. Recently per capita milk consumption dropped 2-3 percent in Hungary,...
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Magazine: Price-value ratio matters more in salami and sausage buying
Date: 2014-08-07 12:38:18
According to market data courtesy of Pick Szeged Zrt., last year sausage and salami performed differently: salami volume sales remained relatively stable and values sales grew, while sausage volume and...
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The Hungarian breweries produced 130 billion HUF worth beers last year
Date: 2014-08-07 12:00:39
According to the Céginfo.hu database, operated by the Wolters Kluwer Kft. and Napi.hu, there are more than seventy companies in Hungary that carry out beer cooking as main profile. The...
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Bread prices may jump from September
Date: 2014-08-07 11:55:07
Due to the more expensive flour and due to the weak forint bread prices are expected to grow by 25-30 percent. Septe József, president of the Hungarian Baker’s Association told...
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A cooperation agreement between the FHB Bank and the NAK
Date: 2014-08-07 11:52:07
The main objective of the strategic agreement that was signed on 7 August 2014 in Budapest, to create a cooperation based on mutual benefits, which allows the agricultural and food...
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The import ban will have no significant impact on the Hungarian economy
Date: 2014-08-07 11:50:51
According to macroeconomic analysts, interviewed by MTI, the Russian import ban will have no significant impact on the economic growth of Hungary. According to Németh Dávid, senior analyst of the...
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Foreign trade surplus in June has become higher-than-expected
Date: 2014-08-07 11:40:14
The foreign trade surplus in June 2014 became higher-than-expected – macroeconomic analysts told MTI. According to the Thursday released datas of the Central Statistical Office (KSH), the value of exports...
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