Market News

The price of Hungarian pork declines due to the Russian import stop

Hungarian pig farmers are in a difficult situation, because due to the Russian import stop, the price of porker declined by more than 7 percent. The price of pork decreased...

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GfK: Hungarians are optimistic before the elections as generally

The GfK’s Consumer Confidence Index rose slightly in the first quarter of this year, compared to the datas of last year’s end. The consumer expectations are on their peak, due...

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Varga Mihály: The Georgians did this better

Nowadays, the Ministry would carry out the replacement of the cash registers differently – said Varga Mihály, Minister of National Economy to Heti Válasz. As an example, Varga Mihály mentioned...

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Hundreds of Hungarian companies took part on the national export consultancy roadshow

About 650 small and medium-sized enterprises (SMEs) participated on the national export consultancy roadshow, launched by the Hungarian National Trading House Ltd. (MNKH) and the Hungarian Chamber of Commerce and...

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Revenue from venison exceeded 5 billion HUF

The venison is a “renewable resource,” and also a healthy food, however, high-quality venison can only come from conscious, professional game management – Kardeván Endre, national chief veterinarian said at...

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VAT fraud with six billion HUF worth sweets

A criminal organization was cought, with six-billion HUF worth sweets. The members of the criminal organization are suspected with fiscal fraud causing particular huge financial losses – the National Tax...

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Fewer companies but more limited partnerships were established last year

According to preliminary data from the Céginfo.hu database – operated by Wolters Kluwer Kft. and Napi.hu – 31,811 enterprises were started in Hungary last year. This is 6 percent less...

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The Central Statistical Office improved the retail datas of the half past of 2013

The Central Statistical Office (KSH) significantly improved the retail datas of the half past of 2013, in its retail sales data report released on Wednesday. So the volume of retail...

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Nielsen: more than 900 tonnes of chocolate was consumed during Easter last year

Food retail conducts more and more traffic from Easter sweets. More than 900 tons of chocolate eggs, rabbits and other festive gifts were sold in retail stores during last year’s...

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How the Hungarian consumer will decide when buying eggs?

Easter is coming! Consumers’ baskets are filled with eggs again, that are essential accessories of the holiday season. In recent years, a number of changes occurred in the domestic egg...

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The SMEs are confidently expecting the EU funds

The optimism of the domestic SMEs even increased in connection with the EU tenders, after the closed tenders of the previous application round. According to the most recent research datas...

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Internet: we can not live without you!

With the growing up of newer and newer generations, the number of those people will increase, whose lives is determined by technological advances. The digital lifestyle develops a strong bond...

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Ten thousand traders will not be given support

Those traders, who were not able to install their online cash registers until 28 February, despite they have followed and fulfilled all requirements, will lose the 50 thousand HUF state...

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FruitVeB: good harvest prospects in the orchards

The condition of the orchards is favorable, because of the mild winter weather, so harvest prospects in the orchards are good – Mártonffy Béla the president of the Hungarian Fruit...

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Hungarian sellers are short of smiles

In 93 percent of the examined cases, the customers were welcomed in the stores in Hungary, which is a better rate than the global average, but the domestic sellers still...

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The new hatchery plant of the Bábolna TETRA Kft. was handed over in Uraiújfalu

By using the 769 million HUF tender source of the Darányi Ignác Plan the nearly two billion HUF investment was implemented in a year. photo: Varga György, MTI The new...

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After a large increase a significant drop in coffee prices

The coffee commodity prices increased steadily since the end of January, due to the drought in Brazil. As the long-awaited rain has arrived to the South American coffee plantations, the...

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The local government of Tel Aviv has made the decision: many shops can open on Saturdays

The local government of Tel Aviv amended the existing provisions: the shops and kiosks beside the town's main roads can open on Saturdays and on Jewish holidays as well. However,...

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In theory Hungarians are environmentally conscious

67 percent of Hungary’s population would prefer buying groceries in environmentally friendly packaging if they don’t cost more and another 15.2 percent would pick these products even if the packaging...

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The Hungarian soft drink and fruit juice consumption declines significantly

The decline of the Hungarian alcohol-free beverage industry seems to be unstoppable. Fewer and fewer soft drinks and fruit juice is bought in Hungary. On an annual level, the producers...

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The European beer industry can help the ailing EU economies

According to the survey Regioplan and EY (formerly Ernst & Young), Europe’s beer manufacturers play an important role in job creation, contributing to the acceleration of EU's fragile economy. According...

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The Budapest Bank installs contactless technology to all of its bank cards

One in five people has a PayPass card in his pocket. Even who do not have, would try the payment without PIN code and card payments without signature – Budapest...

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The NÉBIH and the PontVelem launches a playful quiz to school students

The prizes are summer adventure camping, smartphones and digital cameras. How much the school pupils are environmentally conscious and aware of the basic rules of hygiene, healthy lifestyle and food...

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The 2013 edition of the EU Food Aid Program is approaching to its end

The food deliveries to the needy of the 2013 edition of the EU Food Aid Program will be completed on 31 March 2014. The EU Food Aid Program financed by...

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The Nébih created a prospectus about foods prepared with nanotechnology

The National Food Chain Safety Office (Nébih) created a prospectus about foods prepared with nanotechnology. Although the Hungarian stores do not sell these kind of foods, the dietary supplements advertised...

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The central bank offers loans to small-scale agricultural producers, too

From 1 January the Central Bank of Hungary (MNB) offers loans to a wide range of small-scale agricultural producers and family farms as part of its Loans for Growth (NHP)...

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More and more people are looking for Hungarian food domestically

More and more people are looking for Hungarian food domestically; more than three million consumers only willing to buy Hungarian food – Fazekas Sándor, Minister for Rural Development said on...

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The consumption of households may expand

Low inflation helps the growth of real wages so the consumption of households may grow – according to analysts polled by MTI. The Ministry of National Economy (NGM) stated that...

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New trade mark guarantees the quality of the Hungarian pork

The Ministry of Rural Development (VM) and the Livestock and Meat Marketing Board and Interprofessional Organisation (VHT), will introduce a new trademark to guarantee the quality of the Hungarian pork...

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KSH: the growth of earnings accelerated in January

The gross average earnings rose by 6.0 percent in January in the national economy after the 1.6 percent increase of December, calculated without public employment. In the private sector, wage...

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