Market News

Winemakers protect themselves against the hail with soil generators at the Eger Wine Region

The Mountain Village Council of the Eger Wine Region (EBHT) installed soil generators in early May to protect the vineyards against hail – the Chairman of the EBHT told MTI....

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Magazin: Ambitious plans in Hungary’s ecological farming

The National Action Plan for the Development of Ecological Farming is valid until 2020 and its main goals are to increase the size of land used for organic farming and...

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Wrinkles being smoothed out

In the last few years a couple of wrinkles were smoothed out in the Hungarian market. One euro now ‘only’ costs 305.71 forints and the BUX index was at 17,990...

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Bisnode: Hungarian enterprises to improve payment discipline

The payment discipline of the Hungarian enterprises improves, but in case of delay the bill issuer has to wait an average of 45 days to get the money – Bisnode...

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The proportion of mobile phone customers has increased, development continuous in the domestic e-commerce

The commerce survey of UNAS and Olcsóbbat.hu is completed. The favorites of the domestic market launched a joint research with the intent to exactly know the current state of web...

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A cooperation between the Chinese and Hungarian Consumer Protection Authority

After three years of joint work the National Consumer Protection Authority (NFH) and the Chinese State Industrial and Commercial Directorate (SAIC) signed a cooperation agreement on Monday in Budapest –...

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The responsibility of company heads: new and old provisions

The parts of Hungary’s new Civil Code that regulate corporate and contractual law entered into force on 15 March 2014. Already before this date there have been great debates about...

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ÉFOSZ makes voluntary undertakes in order to improve public health

Salt, fat, calories, trans fat, responsible advertising, labeling and nutritional informations. The National Food Processors Association (ÉFOSZ) suggests not only the industry players to contribute in these areas with their...

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What is in your wine? A wine awareness campaign was launched by the Terra Hungarica

The Terra Hungarica Movement has launched a wine awareness campaign entitled What is in your wine? The Terra Hungarica Movement organizes a tasting on Friday in Budapest for those who...

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Only good or average yield is expected in the orchards

Instead of the previously indicated record yield, just good or average crop is expected in the Hungarian orchards, mainly due to last week's weather – Mártonffy Béla, FruitVeB president told...

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Fazekas: The expansion of trademark use is a common interest

Fazekas Minister for Rural Development told at a professional event on Tuesday in Budapest, that the expansion of Hungarian products’ trademark use is a common interest of the agricultural government,...

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The trading house system to be strenghtened

In order to increase the share ratio of the small and medium-sized enterprises (SMEs) from the Hungarian exports significantly, the Government strenghtens the trading house system. The Hungarian Trading House...

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46 percent of the agricultural producers have not been paid for at least once

At 46 percent of the plant growers and animal breeders it was occurred at least once that the buyer did not pay for the received crop or animals, so the...

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GVH survey: the safeguarding of competition brings savings to the consumers

The fact that the Hungarian Competition Authority (GVH) was safeguarding over the competition in the market, the consumers saved at least 58 billion HUF between 2008 and 2012 – Juhász...

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GfK: the technical products market accelarates

A boom occurred on the Hungarian market for technical products in the first quarter. The sales of durable technical goods increased by 14.9 percent, compared to the same period of...

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The online cashier is better than receipt lottery

The Slovak government has launched a receipt lottery. The initiative has a great success, two draws are held every month. The main prize is 10,000 euros. This game did not...

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Brand Foodprint: Coca-Cola leads

Coca-Cola remains the world's most-chosen FMCG brand for the second year in Kantar Worldpanel's Brand Footprint ranking. The No 1 beverages manufacturer was chosen 5.8 billion times by global consumers...

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The Minister presented the Book of Excellent Pálinkas

The pálinka is a national treasure and a national drink, which is an increasingly catchy product in Hungary and abroad – Fazekas Sándor, Minister for Rural Development said on Monday...

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China expects a better wheat yield than in 2013

China is the world's largest consumer and producer of wheat. This year, 122.6 million tonnes of wheat will be harvested, 0.78 percent more than in 2013 – a Chinese economy...

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The market of “damaged goods” is blooming in Serbia

Due to the bad economic situation, more and more people are buying household appliances which are damaged during delivery, because these can be purchased at half price – the Blic...

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The volume of food retail sales increased for the first time this year

After the downward trends of the past six years the volume of food retail sales increased for the first time this year. Between December 2013 and March 2014 the stores...

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Eggs by kilos?

The new regulation entered into force on 21 April can bring a breakthrough in the Hungarian egg market. The new regulation prescribes to indicate the unified price of eggs per...

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The acacia tree and acacia honey declared as Hungarikums

The Hungarian acacia tree and the Hungarian acacia honey was declared as Hungarikum s – the Hungarikum Committee's decision was announced by Fazekas Sándor Minister for Rural Development on Friday....

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The purchasing power of the households also supported the higher-than-expected economic growth

In the light of the surprisingly high 3.5 percent GDP growth in this year's first quarter, the analysts say that the Hungarian economy may expand by 2.5-3 percent in 2014....

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Encouraging results in the retail property market

The European retail property investment market has gained momentum; Following the increasing investment activity in the second half of last year, good results were achieved in the first quarter of...

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The first market selling farm products in the capital was handed over

The market is open six days every week, and selling farm products. The market was handed over on Wednesday, in the Hold utca, Budapest. The renovated market hall was handed...

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The disgruntled customer sued the star of the advertising

A dissatisfied customer in China sued not only the manufacturer of the product, but also the celebrity who promoted the product in the ad – sina.com news portal wrote. The...

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A fairshow of used and showrrom devices by Coninvest

a Coninvest ....

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Fruits of old times in the Fairy Garden

In the last 100 years 75 percent of plants grown in agriculture became extinct in the Carpathian Basin. The Fairy Garden programme aims at preserving fruit varieties indigenous to the...

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KSH: agricultural producer prices declined further

The price of vegetable products declined by 14.7 percent, while the price of live animals and animal products were 1.0 percent cheaper, so the agricultural producer prices were 10.2 percent...

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