Market News
Significant mildew infection in the Szekszárd wine region
Date: 2014-07-17 11:05:06
The powdery mildew infection has appeared at almost all plantations in Szekszárd wine region, where the vineyards should calulate withsignificant yield losses and increasing crop protection costs. Heimann Zoltán, chairman...
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No more intermediaries
Date: 2014-07-17 09:19:04
So far the Hungarian government has approved 8 operative programmes for the use of European Union funding in the 2014-2020 period. The government plans to start publishing calls for tenders...
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Nielsen: the retail sales of food products has increased
Date: 2014-07-16 12:30:59
During the last six months the purchasing mood of the Hungarian consumers has increased further. The food retail sales in terms of both value and volume increased by 5 percent...
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Almost 140 thousand online cash registers are operating
Date: 2014-07-16 12:00:04
According to the informations of NAV those who were obliged to the transition installed 139,466 online cash registers. The majority of them used state support. The tax authority also said...
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EU import levy on maize, rye and sorghum
Date: 2014-07-16 11:08:26
The European Union puts 5.32 euros per tonne, approximately 1,645 HUF import levy on maize, rye and sorghum – the European Commission announced on Wednesday. The European Commission justified the...
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The German competition authority strikes back
Date: 2014-07-16 11:07:20
The German Federal Competition Authority imposed a fine of 338 million euros on 21 meat processing companies and their leaders, due to cartelling – MTI wrote. The fine affects the...
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Gophers stormed the melon fields
Date: 2014-07-16 11:04:38
The harvest of the early ripening melon has started in the Jászság. The rain was good for the harvest, but the gophers caused enormous havoc. The szoljon.hu reported that the...
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The “blood drink” is the new craze of the Chinese youth
Date: 2014-07-16 10:59:42
The Chinese Food and Drug Administration (CFDA) has warned Chinese citizens that certain “Vampire Blood” drinks are potentially dangerous, poorly labelled, and should be immediately pulled from shop shelves. It...
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NAK is lobbying for lower egg VAT
Date: 2014-07-16 09:55:03
NAK vice president Miklós Zsolt Kis stated at EUWEP’s (the representative body in the European Union for egg packers, traders and processors) annual conference in Győr that each member state...
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The Hungarians are ready to drive a longer time to shopping
Date: 2014-07-15 12:03:05
40 percent of the Hungarian customers are ready to drive 15 minutes, 25 percent of them are ready to drive more than half an hour in order to reach a...
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The GfK expects slow European retail sales growth
Date: 2014-07-15 11:57:34
Europe's economy in 2013 was characterized by slowing trends – the latest study of GfK Geomarketing states. On the basis of the research carried out in 28 countries of the...
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Not worth it, yet we pay with cash
Date: 2014-07-15 11:55:25
The number of contactless credit cards has crossed one million pieces last year. Two out of three still feel, that they should pay with cash. According to the NRC Market...
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NAV: North Hungarian action to check the cash registers
Date: 2014-07-15 11:50:26
The National Tax and Customs Administration (NAV) focuses on the control of cash registers in the coming weeks in Northern Hungary – the North Hungarian Regional Tax Directorate of NAV...
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Only half the amount apricot has grown this year at the plantation of the Danubia-Frucht
Date: 2014-07-15 11:20:47
Compared with last year, only half the amount apricot yield has grown at the Danubia-Frucht Cooperative, which is Tolna county's largest apricot plantation – the chairman of the Danubia-Frucht told...
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The pharmacies lost the fifty thousand HUF support
Date: 2014-07-15 11:13:55
The pharmacies spent approximately one billion HUF on the installation of the online cash registers. This is about one percent of the total annual price margin – Világgazdaság wrote. Many...
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The world's oldest edible ham is more than a century old
Date: 2014-07-15 11:00:56
The world's oldest edible ham “celebrated” its 112th anniversary at the end of the week. The culinary “miracle” that is guarded in Isle Of Wight County Museum inSmithfield, Virginia was...
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Worth paying more for it
Date: 2014-07-15 10:51:24
In Q1 2014 Nielsen asked consumers in 60 countries: ‘For which product category would you pay more than the average because it is worth more?’ From the 33 categories the...
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Magazine: Vajda Paper’s capacity expansion
Date: 2014-07-14 13:26:15
On 11 June Vajda Paper Kft. inaugurated two high-capacity production lines. The development – which cost HUF 1.8 billon – increases the company’s production capacity by 10 percent to more...
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KSH: producer prices decreased by 9.2 percent in May
Date: 2014-07-14 12:00:48
Agricultural producer prices fell by 9.2 percent in May, compared to the same period of the previous year. The price of vegetable products decreased by 14.8 percent, the price of...
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The emerging markets and the crafted beers improve the beer market
Date: 2014-07-14 11:58:10
The growth in developed countries became increasingly challenging for the beer manufacturers in recent years; the largest companies have turned to emerging markets – portfolio.hu wrote. Following the consolidation wave...
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The Eximbank is setting up a rural network
Date: 2014-07-14 11:28:24
The Eximbank is setting up a rural representation network. The Eximbank supports the Hungarian exporters. Its first rural office opens in Győr in the summer – the Parliamentary Minister of...
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The NAK and the MDOSZ both support the voluntary commitments of the food industry
Date: 2014-07-14 11:20:16
The dietetics of MDOSZ and the National Association of Agricultural Economics will give professional support to ÉFOSZ’s call to promote healthy nutrition. The framework and the website of the initiative...
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Ministry of Agriculture: fish destruction declines at the Lake Balaton
Date: 2014-07-14 11:10:50
The mass destruction of fish in the Lake Balaton can be traced back to complex causes and its rate declines steadily. The pathogens detected in the fish are not dangerous...
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Illegal tobacco factory was found in Nyírbogdány
Date: 2014-07-14 10:55:18
Illegal tobacco factory was uncovered by the National Tax and Customs Authority (NAV) in Nyírbogdány, where a man in addition enriched the goods with oak leaves that is a significant...
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This year may bring record wheat harvest
Date: 2014-07-14 09:33:21
Syngenta hosted its traditional plant health solutions show in Dalmand and Hajdúböszörmény with more than 1,000 farmer participants, this time focusing on corn, spiciferous plants, sunflower and rapeseed. Managing director...
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Hundeola Stahl goes to Tatabánya
Date: 2014-07-14 09:24:12
Hundeola Stahl Kft. leaves Tata and goes Tatabánya, where the company is going to invest HUF 180 million in building a new production hall. The company manufactures stainless steel tanks...
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Wine ‘fingerprints’ are being taken
Date: 2014-07-14 09:21:54
A consortium led by Data-Press Kft. was granted HUF 670 million from the Research and Technological Innovation Fund for oenology quality control development. Within the framework of a HUF 880-million...
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Which conditions are necessary for sustainable growth?
Date: 2014-07-14 08:30:06
Trade magazin and Chain Bridge Club’s first Business Dinner of the year was organised on 29 May. This time the guests were Márton Nagy, managing director of the Central Bank...
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The government supports the Bonafarm group with 1.46 billion HUF
Date: 2014-07-11 11:47:20
The government, on the basis of an individual decision, supports the construction of Bonafarm Group’s new slaughterhouse with 1.46 billion HUF in Mohács. The total cost of the project is...
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According to the president of the Pálinka National Council, a more efficient marketing would be needed to increase the awareness of pálinka abroad
Date: 2014-07-11 11:46:01
A more efficient marketing would be needed to increase the awareness of pálinka abroad in order to increase exports, because pálinka is only widely known in the neighboring countries –...
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