Market News

How to become a personal brand?

Trade Marketing Club welcomed summer with a barbecue party in La Perle Noire restaurant (a place recommended by the Michelin Restaurant Guide). Zsuzsanna Hermann welcomed participants and members of the...

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The Hungarian melon production has strengthened in recent years

The Hungarian melon production became stronger in the past years. Nowadays watermelons are produced on about six thousand hectares instead of the former about five thousand hectares – the Minister...

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Cherry market tensions are getting more intense

The purchasing of the freshly grown cherries for industrial use has stopped, because the processors are speculating on state aid – agrarszektor.hu. wrote after Magyar Nemzet. Nagy István, Parliamentary Minister...

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More than seventy thousand counterfeit products were seized in an EU action

More than seventy thousand counterfeit goods were seized by the customs authorities of the EU Member States under the ERMIS coordinated action – the European Commission announced on Monday. The...

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The future expectations of the companies is stagnating

The expectations of the domestic enterprises for the coming year have not changed substantially, compared to the first quarter of the year. The K&H SME confidence index is currently -10...

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1.2 million HUF for a bunch of grapes

A bunch of special quality, fresh and juicy red grapes were sold for 550 thousand yens (1 million 230 thousand HUF) at an auction on Saturday, in Ishikawa Prefecture, Japan....

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Alcohol and cigarette prices increased significantly in Egypt

As part of the austerity measures, the alcohol and cigarette prices were increased significantly in Egypt, two days after the fuel prices increased by close to 80 percent – the...

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Advertising Tax: stricter conditions for the reduction of the tax base

The advertising tax base can only be reduced this year, if the taxpayer's pre-tax profit is zero or negative in the financial year of 2013. The National Assembly accepted the...

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This year's bread grain harvest is encouraging

On the basis of the experience of the harvesting process this year's bread grain harvest is encouraging – Fazekas Sándor, Minister of Agriculture told in Kunhegyes on Saturday. The minister...

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Cocoa may become more expensive

Because of the huge Asian chocolate demand, the price of cocoa beans is in heights have not seen for three years, 3,133 USD per tonne. The expected long-term supply crunch...

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KSH: the foreign trade surplus was 629 million euros in April

In April 2014, exports increased in euros by 3.1 percent, while imports calculated in euro increased by 4.2 percent. The export surplus was 629 million euros, 44 million less than...

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Imported melons can cause losses to the producers

The below market price sales of the lower quality Greek watermelon poses a threat to the Hungarian producers – the pesticide and seed distributor Syngenta Magyarország told to MTI on...

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Raben Group: present in the Baltic countries’ logistics market for 10 years

Raben Group celebrates ten years in the Baltic sates. Currently there are three Raben companies and five offices in the region, located in Vilnius, Riga, Tallinn, Kaunas and Klaipeda. Raben’s...

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Consumption, confidence, worries

Besides purchasing power, consumer confidence and buying willingness also have big influence on demand, and therefore on retail turnover. From this point of view it is good news that in...

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Experts: retail sale is clearer, but increased slower

The retail expansion slowed in May,, but it can be seen that the introduction of the online cash register system launched processes in the sector – experts told MTI. The...

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KSH: retail sales rose in May

The volume of retail sales increased by 5.1 percent in May, compared with a year earlier, according to the raw data and working day adjusted datas – the Central Statistical...

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GfK: stagnant consumer confidence, the willingness to buy increases

According to the analysis of the GfK Consumer Confidence Index, consumer confidence has remained virtually unchanged in this year's second quarter, to the high mood during the parliamentary elections in...

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The testing of the Mobile Wallet has ended

We work in full swing to introduce the trade Mobile Wallet service, Pukler Gábor, president of the Hungarian Mobile Wallet Association announced after the test operation of the Mobile Wallet...

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The average price of wheat significantly declined in June

The value of the Magro Grain Index (MGX), that is indicating the joint price movings of the Hungarian grain types declined by 2 percent in June, breaking the previous upward...

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The government spends three hundred billion HUF for food industrial developments

In the following years, the government will spend about three hundred billion HUF for Hungarian food industrial developments – Prime Minister Orbán Viktor said on Wednesday in Maklár, at the...

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NAV: It is a misunderstanding that the deadline the cash register replacement has expired

The old-type cash registers cannot be operated since 1 July, the National Tax and Customs Authority (NAV) only receives receipts issued by the new cash machines – Magyar Nemzet wrote....

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The watermelon season starts this weekend

The watermelon season starts this weekend in Hungary, the arable fruit is continuously ripening and within a few days will appear in the domestic market – the president of the...

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The responsible alcohol consumption campaign continues

The Never Drink When You're Driving! campaign will be organized in Hungary for the eighth time this year. The organizers aim to promote the responsible consumption of alcohol, and they...

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OKSZ: smaller amount discount actions can be expected this summer

According to the National Retail Federation (OKSZ) during this year's summer sales smaller extent price falls are expected and the range of items can be narrower than in the past....

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EuroShop 2014: brands in new light (Part 2)

Düsseldorf hosted the EuroShop trade fair between 16 and 20 February: more than 100,000 visitors came to see 2,226 exhibitors (9 were from Hungary) from 57 countries showcasing their products...

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Retailers benefit from the exchange of cash registers

The online connection with the National Tax and Customs Authority can bring tangible benefits not only to the budget, but to the traders – experts interviewed by az onlinekassza.hu call...

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A rebuttable taboo

Most mothers are treating urinary difficulties during pregnancy and after the birth as taboo, despite urinary incontinence is a temporary syndrome, during pregnancy and can be treated easily. In Hungary,...

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They buy the same goods they used to purchase back home

In Canada major retailers and multinational companies discovered that immigrants are looking for the same brands they used to buy back home, because they make them feel more at home....

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Nielsen: the real business live closely with the World Wide Web

When thinking about the purchase of food and beverages, one-third of the Hungarian Internet using consumers intend to use online tools in the next six months, to inquire or purchase...

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Russian pork embargo: The EC calls for the decision of WTO

The European Commission calls for the decision of World Trade Organization (WTO) to establish that is it legal that Moscow prohibits the pork and live animals entering into Russia –...

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