Market News

Tomato, pepper: Hungarian instead of import

It is of key importance for Hungarian tomato and pepper growers to use reliable technology and produce constant good quality – better than their international competitors – if they want...

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NGM: We need to support the spread of the new payment methods

It is an important task is to ensure the framework for the new payment methods, because these methods of payment are low-cost, fast and adjust to consumer demand – Balogh...

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The SMEs are beyond the crisis

The majority of the domestic business believe that the economic crisis that erupted six years ago, has ended and they are looking forward. The former negative mood is replaced by...

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The President signed the Law on Advertising Tax

President Áder János President signed the law on advertising tax which was approved last Wednesday by the Parliament – the Parliament's website reveals. Under the legislation passed by the Parliament...

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Gross average wage: 229,800 forints

Compared with the same period a year earlier, gross wages grew 1.8 percent at enterprises employing at least 5 people, budgetary institutions and observed non-profit organisations. In January-March 2014 the...

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Grain reserves in the market

Data from the Agricultural Economics Research Institute’s (AKI) market price information system (PÁIR) reveal that – expressed in live weight price – 5 percent more pigs were slaughtered in January-February...

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Consumer confidence is on the rise

Since Match and Profi went out of business last year, the number of major grocery retail chains fell to nine in 2013. However, this change didn’t have an influence on...

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Magazine: Yogurt brands: active communication

Last year yogurt sales declined, mainly because of lower fruit yogurt sales – as it is indicated by Nielsen data. Beáta Kiss, external corporate relations director of Danone Kft. told...

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The EU support devoted to the development of the Hungarian fish farming industry increases significantly

The freshwater fish production can expect a significant improvement over the next seven years. It is a great success of the Hungarian agricultural diplomacy that through the new Hungarian Fishery...

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KSH: transportation performance increased last year

The transportation performance measured in ton per km increased by 3.1 percent last year and exceeded 50 billion, but still remains 3 percent below the performance of 2007- the Hungary,...

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The Nébih checked the pickles

The National Food Chain Safety Office (Nébih), tested pickles as the continuation of its series of quality checking test. From the 52 random tested products, in cases of 27 products...

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Chamber of Agriculture: Carpathian Basin may become a unified region in agriculture

The Carpathian Basin should become a unified region in agriculture – Győrffy Balázs, president of the National Association of Agricultural Economics (NAK) told at a press conference following the two-day...

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The MAF Social Investment Award competition 2014 to be launched

The Hungarian companies can apply for the MAF Social Investment Award From June 2014. Nearly 100 domestic companies took part in the recognized professional competition of the Hungarian Donors Forum...

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IKSZ: the proportion of selectively collected beverage cartons has increased

The ratio of selectively collected beverage cartons is increasing from year to year in Hungary. Last year, their proportion amounted to 22 percent – according to the calculations of the...

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Super banana may improve health of millions in Africa

A genetically engineered super-enriched banana may improve the lives of millions of people in Africa will soon have its first human trial, which will test its effect on vitamin A...

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The beer teams are getting ready for kick-off

In 2013 the beer market reacted with a 5-percent decline in volume sales to the 10-percent excise duty increase. Especially mainstream brands suffered as demand shifted towards economically priced products....

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Outstanding performance from mineral waters

This year mineral waters performed superbly: between December 2013 and March 2014 sales exceeded HUF 15 billion, growing by 15 percent in value and by 10 percent in volume. The...

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Magazine: The next home preserving season may be outstanding

In Hungary a large part of home made marmalades and jams are made from fruits grown in people’s own gardens: the majority of housewives make jams and preserves because they...

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The Hungarian Association of Commerce has been formed

To represent the interests of the Hungarian Trade, the Hungarian Association of Commerce (MKSZ) has been established – Szatmáry-Jähl Angéla, president of the association told MTI on Thursday. As she...

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OKSZ: consumption can increase by 2-3 percent this year

Adjusted to real incomes, consumption is expected to increase by around 2-3 percent in Hungary, by considering the entire year – the National Retail Federation (OKSZ) told MTI on Friday....

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Bisnode: animal husbandry is riskier than plant cultivation

The bankruptcy rate is 2.5 percent on the field of livestock production, forestry and wildlife management, while in crop production and fishery the rate is lower; less than 1.5 percent...

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Foods, beverages and tobacco products gave four-tenths of the trade surplus

The food, beverage and tobacco trade balance surplus – with the exception of 2009 is increasing since 2006. Its value was 2.783 billion euros in 2013, which was four-tenths of...

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KSH: agricultural prices continued to fall in April

Agricultural producer prices were 8.9 percent lower in April than a year earlier, after the price of vegetable products decreased by 13.6 percent and the price of live animals and...

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The agriculture ministers of the V4+4 welcomed the EU decision on GM crops

The agriculture ministers of the V4+4 countries welcomed the EU decision on GM crops at the V4+4 Agriculture Ministers Meeting in Budapest on Friday. According to the decision, the Member...

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The number of food safety alerts decreased in the EU

Compared to a year earlier, the number of food safety alerts indicated by the EU Member States declined by 9 percent in 2013- the European Commission announced on Friday. In...

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All segments expanded

Home preserving supplies sales valued at HUF 2 billion in the April 2013-March 2014 period – in the previous cumulative year the Nielsen Retail Index registered HUF 1.3 billion. Sales...

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The audit process is underway

Lászlóné Menczel, secretary of the Livestock and Meat Interprofessional Organisation and Marketing Board (VHT) told that in the first round they awarded the right to use the Quality Hungarian Pork...

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Hungarian meat exports to the United States can continue

The National Food Chain Safety Office (Nébih) told MTI on Wednesday, that the Hungarian meat export to the United States can continue. According to the informations of Nébih, the final...

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Regus: exporters outperform the expectations

According to the most recent survey of Regus, the global provider of workspaces the exporting companies have reached a higher proportion of revenue and profit growth worldwide than those companies...

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OÉTI: the quality of school catering has improved

The quality of school catering has improved in many ways in recent years – the the National Food and Nutrition Institute (OÉTI) explains in its latest analysis. According to the...

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