Market News
Bread price increase is not expected
Date: 2015-08-17 11:28:07
It is expected that new wheat based bread prices will not increase, because the millers will not raise the price of flour and the other cost components will not force...
Read more
Broadband Internet will be available in all of the households
Date: 2015-08-17 11:24:31
Currently 883 thousand Hungarian households do not have broadband Internet access. According to the Digital Hungary plan, until 2018 the World Wide Web will be accessible in every households. The...
Read more
The rate of GDP growth decreased in the euro zone
Date: 2015-08-17 11:22:14
According to the preliminary data, the rate of GDP growth decreased in the euro zone in the second quarter, compared to the previous quarter – Eurostat reported on Friday. According...
Read more
The NÉBIH seized relabeled melons
Date: 2015-08-17 11:20:23
The inspectors of the National Food Chain Safety Office (NÉBIH) seized relabeled melons at a farm near Nagykálló and banned the marketing of the fruits. According to the communication of...
Read more
Agricultural machinery purchases broke a record
Date: 2015-08-17 11:10:14
According to the Parliamentary Minister of State of the Ministry of Agriculture (FM), agricultural machinery purchases may break a record in Hungary. While the international trend shows a decrease of...
Read more
Security audit reveals the weaknesses
Date: 2015-08-17 10:18:19
In every phase of the logistic process there is an opportunity to steal raw material, semi-finished products or finished goods. Statistical data shows that a business may suffer 1.5-3 percent...
Read more
Companies don’t trust courts in tax matters
Date: 2015-08-17 10:13:03
Deloitte’s second survey asked companies opinion on tax matter disputes and how they are settled in court. Two thirds of companies have already had tax authority rulings which they think...
Read more
Certified products bring competitive advantage
Date: 2015-08-17 09:27:32
In the food safety process certifications can create market advantage for companies if they take audits seriously. Lajos Tánczos, senior auditor of ÉMI-TÜV SÜD Kft. told our magazine that a...
Read more
Packaging materials in circulation
Date: 2015-08-17 09:23:29
Mária Gergely, a representative of the European Pallet Association’s (EPAL) Hungarian office told our magazine that the organisation has 1,600 members all over the world. In 2014 66.3 million pallets...
Read more
Baby bonus programme welcomes its 200,000th member
Date: 2015-08-16 23:00:07
In August drugstore chain dm welcomed its baby bonus programme’s 200,000th member with a gift pack. Brigitta Magyarné Benkő registered her son Noel in Kecskemét, who is expected to be...
Read more
Nielsen: the sales of household chemicals and cosmetics increased by six percent in value
Date: 2015-08-14 11:50:53
The retail turnover of household chemical goods and cosmetics was nearly 170 billion HUF in the first half of this year, which is 6 percent more than in the January-June...
Read more
The milk will be the first Hungarian GMO-free food
Date: 2015-08-14 11:47:13
The milk will be a GMO-free food by replacing imported feed soy – Nagy István, Parliamentary Minister of State of the Ministry of Agriculture (FM) announced in Hajdúböszörmény on Friday....
Read more
KSH: GDP grew by 2.7 percent in the second quarter
Date: 2015-08-14 11:45:25
Hungary's gross domestic product (GDP) grew by 2.7 percent in the second quarter compared to the same period of 2014. The increase was primarily due to the expansion of the...
Read more
The FM will develop actions jointly with the product council to manage the dairy market situation
Date: 2015-08-14 11:42:27
The Ministry of Agriculture (FM) is aware of the difficulties experienced in the dairy market and will develop mrasures to manage the dairy market situation in cooperation with with the...
Read more
The website of the National Tobacco Store Supply Ltd. has been launched
Date: 2015-08-14 11:30:33
The website of the National Tobacco Store Supply Ltd. (Országos Dohányboltellátó, ODBE) has been launched. The site contains the condition list of tobacco shops, and the location of warehouses, among...
Read more
Poor apple harvest is expected this year
Date: 2015-08-14 11:24:29
This year, close to 500 thousand tonnes of apple crop is expected in the country, compared with the more than 900 thousand tonnes of 2014 – the president of the...
Read more
GfK: the turnover of technical durables has increased
Date: 2015-08-14 11:22:28
The sales of technical durables increased by 4.9 percent in Hungary in this year's second quarter compared to the same period of last year. The engine of growth was the...
Read more
The Savings Bank and the Hungarian Association of Animal Breeders signed a cooperation agreement
Date: 2015-08-14 11:18:02
The TakarékBank Zrt. (Savings Bank) and the Magyar Állattenyésztők Szövetsége (Hungarian Association of Animal Breeders) signed a cooperation agreement – the bank told MTI. The objective of the agreement is...
Read more
The Nébih closed down a bakery in the capital
Date: 2015-08-14 11:07:21
According to the communication of the Hungarian Baker’s Association, the closed bakery is not the member of the association. The Nébih carried out inspections at several bakeries in recent days:...
Read more
MKB: the maximum amount of the Széchenyi Card overdraft requests was doubled
Date: 2015-08-14 11:05:17
The previous ceiling was doubled. The MKB Bank receives Széchenyi Card overdraft requests up to 50 million HUF from Friday – the bank told MTI. As the bank wrote, the...
Read more
Order in the wi-fi chaos
Date: 2015-08-14 10:36:00
With its new service WifiZone, ACE Telecom intends to create order in the rather disorderly world of wi-fi connections. The service is a professional solution for hotels, restaurants, cafés, shopping...
Read more
New award for young executives
Date: 2015-08-14 09:05:21
The Young Executives Academy organised its ‘Young executive of the year – 2015’ award programme for the first time. Annamária Tóth, the head of academy operator Coaching Team told our...
Read more
Magazine: Burnout syndrome and relationships
Date: 2015-08-14 07:42:53
Basically there are two kinds of relationships: one that lifts you and another that pushes you down. Many people suffering from burnout syndrome neglect their relationships. The big question is:...
Read more
KSH: agricultural producer prices fell by 6.2 percent in June
Date: 2015-08-13 11:57:45
In June, crop products were 3.6 percent cheaper, while live animals and animal products were 10.4 percent cheaper, and the agricultural producer prices were 6.2 percent lower than a year...
Read more
Milk producer organizations ask for immediate measures
Date: 2015-08-13 11:56:19
The most affected professional associations in domestic raw milk production, the Milk Interprofessional Organization and Marketing Board, the Hungarian Animal Breeders Association the Holstein-Friesian Breeders Association the Hungarian Simmental Cattle...
Read more
The decline in producer prices calls for an improvement in efficiency
Date: 2015-08-13 11:55:22
“The agricultural prices are falling much higher than the production costs, which warns that efficiency increasing investments are needed in the sector” – Tresó István, the Head of the Division...
Read more
Food chain management fee: more than 10 billion HUF came in last year
Date: 2015-08-13 11:45:41
The amount of the food chain management fee was 10.979 billion HUF last year: the development money amounted to 1,097 billion HUF. The Nébih (National Food Chain Safety Office) spent...
Read more
Due to the heat wave, the consumption of the summer seasonal products has increased
Date: 2015-08-13 11:27:21
The turnover of the summer seasonal products – ice cream, mineral waters and beers – is outstanding due to the heat wave – trading companies told MTI on Thursday. Balogh...
Read more
Heat speeds up the aging of the beer
Date: 2015-08-13 11:23:24
The heat is good for the beer consumption, but it is not good for the beer. It is worth to pay attention to the proper storage temperature and consumption temperature...
Read more
The British waste the most food in Europe
Date: 2015-08-13 11:02:34
Britain wastes more food than any other country in Europe, with UK households throwing away 6 kilogrammes of food a week. 12 billion pounds worth food a year. For every...
Read more