Market News
Hungary's largest health and harmony center to open!
Date: 2014-03-14 11:20:30
Hungary's largest health and harmony center, called Bijó opens in March. The center awaits the health-conscious visitors on two floors, on a total area of 6,000 square meters. In a...
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Magazine: Upward trend in our agricultural trade with Russia
Date: 2014-03-14 11:07:51
In February 2013 Hungary’s Minister of Rural Development opened the Prodexpo 2013 food trade fair in Moscow. In Hungary at the 2013 OMÉK (National Agriculture and Food Exhibition) Russia was...
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Non-perishable food collection will be held next Sunday by the Catholic Church
Date: 2014-03-14 10:55:07
Non-perishable food collection will be held next Sunday in the Catholic churches. The letter of the Hungarian Catholic Bishops' Conference (MKPK) over the food collection will be read in all...
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KSH: The decline in agricultural prices continued in January
Date: 2014-03-13 12:35:48
Agricultural producer prices continued to decline in January by 13.4 percent, compared to a year earlier. In particular, the price of crop products declined by 19.6, the price of live...
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Analysts: foreign trade surplus exceeded the expectations
Date: 2014-03-13 12:20:50
The foreign trade surplus in January exceeded the expectations – analysts told MTI on Wednesday. The analysts share different views about the extent of the surplus. According to the communication...
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The VM provides a support of about 150 million HUF to the paprika producers
Date: 2014-03-13 11:05:21
The Ministry of Rural Development (VM) provides an about 150 million HUF support to the spice paprika producers in 2014 – the ministry told MTI on Thursday. The spice paprika...
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Product warranty from 15 March
Date: 2014-03-13 11:04:02
In the future the purchaser can enforce the warranty right against the manufacturer or the dealer, thanks to the new Civil Code, enters into force on 15 March. The new...
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The number of mini-breweries doubled in the Czech Republic
Date: 2014-03-13 11:02:21
The number of mini-breweries doubled in the Czech Republic over the last three years. There are currently 215 mini breweries in the country – Jan Surán, President of the Czech-Moravian...
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Those who threw the cash registers to the forest can be sentenced for three years
Date: 2014-03-13 11:01:17
The Police has opened an investigation because of the dozens of cash registers, that were thrown into the woods of the Mecsek. The culprit can be sentenced for up to...
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A record in the Hungarian agri exports
Date: 2014-03-12 12:25:23
The Hungarian agricultural exports continued to grow last year, to 8.093 billion euros. It is 18 million euros (0.2 percent) higher than the level of 2012 – Czerván György, Minister...
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KSH: Industrial production increased strongly in January
Date: 2014-03-12 12:20:31
According to seasonally and working-day adjusted datas, the volume of industrial production rose by 6.1 percent in January, compared to a year earlier, and was 3.1 percent higher than in...
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Manpower: Hungarian employers are characterized by cautious optimism
Date: 2014-03-12 11:10:14
Cautious optimism characterizes the Hungarian employers: According to the most recent survey of the Manpower labor market operator, in the second quarter of 2014, 15 percent of the employers expect...
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The Romanian miccs was saved
Date: 2014-03-12 10:59:28
The Romanian food industry entrepreneurs are glad because the competent committee of the European Union has approved the traditional recipe of the traditional Roman meat product, known as miccs. The...
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Seven out of ten Hungarian shoppers appreciate if a retail chain rewards their loyalty with a loyalty programme
Date: 2014-03-12 10:24:02
In Hungary 46 percent of consumers shop in stores that offer a loyalty programme to customers. Seven out of ten Hungarians prefer to do their shopping where their loyalty is...
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0.1 percent inflation rate in February, food prices remained unchanged
Date: 2014-03-11 12:30:04
Consumer prices were 0.1 percent higher this February than in February 2012. Compared with the previous month, consumer prices increased by 0.1 percent – the Central Statistics Office (KSH) announced...
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The condition of the autumn-sown cereals is promising
Date: 2014-03-11 12:00:17
The condition of the autumn-sown cereals is promising – Vancsura József, president of the National Association of Grain Producers (GOSZ) told MTI on Tuesday. He added, however, that in many...
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Kotányi grows pepper in Mórahalom again
Date: 2014-03-11 11:52:32
The local government of Mórahalom and the Kotányi spice trade company and the Fűszermalom Kft. (Spice Mill Ltd.) have signed a cooperation agreement in order to boost paprika production in...
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Old cash registers were thrown into the woods
Date: 2014-03-11 11:51:01
Old cash registers were found under the trees of the Mecseki Parkerdő, (Park Forest of Mecsek). The bama.hu wrote that local tourists found the hazardous waste. The retailers must comission...
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Five things retailers can do to please customers
Date: 2014-03-11 10:46:32
In the shops of the 21st century excellent service, good price-value ratio and efficient advertising are only necessary prerequisites of success but they don’t guarantee it. Customer opinion is much...
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Fazekas: the consumption of foods produced in Hungary has increased
Date: 2014-03-10 12:20:48
The consumption of foods produced in Hungary has increased significantly, from 70 to 75 percent – Fazekas Sándor Rural Development Minister for said on Monday in Budapest, at the opening...
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Hungarian exports may grow by 2 to 2.4 percent this year
Date: 2014-03-10 12:11:46
The Hungarian exports will expand with 2 to 2.4 percent this year – the Minister of National Economy announced in Budapest on Monday, in the scope of a press conference....
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Reversed VAT against fraudsters
Date: 2014-03-10 12:00:45
Twice as much tax is cheated in the European Union annually, as Hungary's total GDP. In Hungary, three hundred billion HUF more losses in the budget occurred in 2012, due...
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The price of corn is on a semi-annual peak
Date: 2014-03-10 11:41:44
The price of corn increased to a six-month peak on Friday, after due to the Russian-Ukrainian conflict the demand for exported U.S. corn has significantly increased – Bloomberg writes. A...
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New support scheme to help sugar beet production
Date: 2014-03-10 11:40:44
The Ministry of Rural Development (VM) developed a support scheme to assist sugar beet production. The new support scheme provides the necessary budget for the conditions for the safe management...
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The Ministry of Agriculture is lobbying for acacia in Brussels
Date: 2014-03-10 11:20:21
Fazekas Sándor Minister of Rural Development wrote a letter to Environmental Commissioner last week, in order not to include white acacia on the list, that contains the non-native animal and...
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Entering the Russian market – with help from HITA
Date: 2014-03-10 11:15:22
In the Russian market HITA (Hungarian Investment and Trade Agency) offers various platforms to Hungarian enterprises that wish to find Russian partners. For instance we organise business meetings and trade...
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The Nébih seized counterfeit products
Date: 2014-03-10 11:00:02
The Nébih seized “excellent quality domestic” products made of meat from Slovakia and Chinese pepper. A registered a small producer was selling its products made of meat from Slovakia and...
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Monetary world
Date: 2014-03-10 10:03:27
In the first weeks of 2014 the Fed announced that it would reduce its bond purchases from USD 75 billion to USD 65 billion. The financial universe is about to...
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MOSZ: The Hungarian agriculture performs under its production potential
Date: 2014-03-07 12:00:34
The Hungarian agriculture performs under its production potential and still did not reach the level of 1989. It is about 80 percent of it. – Nagy Tamás, President of the...
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Breakfast with honey strengthens the importance of local products
Date: 2014-03-07 11:30:36
The family farming economic form needs government support all over the world: such stimulus measures are needed, such as infrastructure development, to create positive support system and to develop local...
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