Market News

Europeans’ mood improved since the outbreak of the economic crisis for the first time

The mood of the European citizens improved for the first time, since the outbreak of the economic crisis. In 8 out of 12 countries, people feel more confident than last...

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The NAV warns: beware of fake inspectors when changing cash registers

Fake inspectors are pretending as real inspectors of the National Tax and Customs authority (NAV). According to the communication of the National Tax and Customs Authority (NAV), in recent days,...

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It turns out how conscious consumers are the kids

The education of consumer awareness can not be started early enough, so the National Food Chain Safety Office (NÉBIH) in collaboration with the team of PontVelem.hu launched a series of...

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Cash Register Replacement: state support was claimed for 68 thousand cash registers

State support was claimed to 68 thousand cash registers amounting to more than 2.8 billion – tax authority told MTI. The Hungarian Trade Licensing Office ( MKEH ) announced on...

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France is no longer the world's largest wine market

France has lost its first place on the world’s wine market. In 2013, the most wine in the world was consumed in the United States – the International Organisation of...

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Kardeván Endre: the past year was determinative for the hungaricums

Last year was determinative for the hungaricum movement, as the collection of the national values and hungaricums actually started – Kardeván Endre, Minister of State of the Ministry of Rural...

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Atradius: German economy gives hope to Hungarian exporters

After the moderate performance of the last two years Germany’s economy may gain momentum in 2014 and the GDP may grow by as much as 1.8 percent. According to Balázs...

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More wine goes to Germany and they are of better quality, too

Germany is Hungary’s most important trading partner with a share around 25 percent in both our export and import. As for the most important states, more than half of Hungary’s...

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Private label products are becoming more and more popular

Private label products are becoming more and more popular on the domestic market. In addition to the private label goods, discounted products that are not avalable elsewhere are gaining a...

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The Paypal expects an increase in online purchases

The PayPal Ltd. expects a strong growth on the m-commerce market in Hungary this year – the online financial services company informed MTI on Monday. The entire Hungarian m-commerce market...

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One can enter into agricultural insurance at four companies this year

This year, in addition to the three current players – Allianz, Generali and Groupama insurance companies agricultural insurance can be bought at the Első Magyar Agrárbiztosítási Ügynökség (First Hungarian Agricultural...

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Hungary opens a trading house in Singapore

The Hungarian National Trading House Zrt., the Hungarian Foreign Economy Association, and Hungary’s ambassador in Singapore held a joint press conference on 12 Mayin Budapest. At the informal meeting they...

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Deloitte: investor confidence is on its pre- crisis level

Investor confidence in the region increased in the spring of 2014 to the levels of the 2003-2007 period. Deloitte’s investor confidence index shows a positive trend for the third consecutive...

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Newer machines have received marketing authorization

The Hungarian Trade Licensing Office (MKEH) issued marketing authorizations for another six cash machines in recent days – turns out the news published on the agency's website. The Optima QMP50...

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Nébih: it is important to enrich the children’s knowledge of food safety

To enrich the children’s knowledge of food safety is an important element of the Food safety Strategy adopted last year, as it is the only way to become conscious consumers...

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Are red wine and dark chocolate really health care products?

Researchers doubt in the health care effect of the resveratrol which is an antioxidant component of red wine, after they tracked the inhabitants of an Italian wine region for for...

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More than half a billion HUF worth smuggled cigarettes were found by the staff of NAV

More than half a billion HUF worth, presumably smuggled cigarettes were seized by the staff of the National Tax and Customs Administration (NAV) in Nyíregyháza and in Váncsod, Hajdú-Bihar County...

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The Russian meat ban can affect the Hungarian companies badly

The Russian meat ban is a major problem for the Hungarian meat companies, who were interviewed by the MTI. From May 14 Russia temporarily prohibited meat imports. Several companies complained...

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Slovak wine producers welcome the tightening in the production of Tokaji aszú

The wine producers in Slovakia are happy, because thanks to the decision of the Mountain Village Council of the Tokaji Wine Region, in the future only 5 and 6 butt...

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The Chamber of Agriculture and the National Commercial House signed a cooperation agreement

The cooperation agreement was signed in Budapest on 8 May 2014. The document states that the agricultural sector is a strategic sector. The improvement of the sector is a common...

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The e-toll unveils VAT frauds

The system of e-toll, facilitates the the catching of VAT frauders. The NAV obtains the informations, on which they can follow the path of shipments. So it turns out if...

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The special rice subsidy payment has begun

The Agricultural and Rural Development Agency (MVH) has started to pay out the special rice subsidies to payments 60 rice producers in a value of more than 380 million HUF...

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Import tomatoes are traveling thousands of kilometers, despite we have the delicious Hungarian tomatoes

The key to the livelihood of the domestic tomato and pepper growers if they continuously produce better quality goods than foreign competitors with reliable technology. Another break point is to...

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KAVOSZ Zrt.: the Széchenyi Card Program stimulates investments

The domestic small businesses instead of solving the short term business problems are thinking about increasing investments. These investments programs are stimulated by the Hungarian National Bank’s growth credit programs...

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New sampling rules apply from March

London-seated Gain and Feed Trade Association’s new sampling rules (GAFTA 124) are already in effect in the case of contracts signed after 1 March 2014. The first change in sampling...

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GfK: the share of private labels in the fast moving consumer goods market increase slightly again

After the slight decrease of 2012 the private label products were able to achieve a greater share again. On the basis of the annual volume datas the private label products...

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The victims of the cash register exchange to unite

The Érvek (Arguments) Pros advocacy group urges the victims of the cash register exchange to carry out concerted actions. Tens of thousands have been left without state support of those...

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The Mangalitsa became an anime hero in Japan

The main character of the comics, based on Mangalitsas is Tóth Péter, president of the Mangalitsa Breeders ' Association who saved the Hungarian bred Mangalitsas 20 years ago. The Mangalitsa...

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Palm oil consumption grows all over the world rapidly

Today, 35 percent of the vegetable oil production and consumption in foods, cosmetics, medicines, lubricants and in biodiesel is palm oil – the Conclude Investment Ltd. informed MTI. Nearly 35...

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SMEs are using but do not really understand the Facebook

Hungarian small and medium-sized enterprises (SMEs) are using but do not really understand the Facebook. According to Joanelli Tamás, Managing Director of the Be Social community marketing company in Hungary...

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