Market News
Nestlé focuses on suppliers
Date: 2014-04-03 02:10:00
The majority of Nestlé Hungária Kft.’s external suppliers are Hungarian. Each year nearly more than 1,700 Hungarian SMEs provide the company with goods or services. In order to become Nestlé’s...
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Ham sales surged in both value and volume in the Easter period
Date: 2014-04-03 01:40:02
Hungarian consumers spent approximately HUF 6 billion on ham and smoked meat around Easter last year. For 88 percent of this sum they purchased high quality cooked ham last March-April....
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Khadi – a present from the plants
Date: 2014-04-03 01:21:27
Demand for natural hair colours made from plants keeps growing. Khadi herbal hair colours exclusively contain natural ingredients, relying on the effect of henna and indigo. A wide range of...
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GfK: no significant change occurred in shopping habits last year
Date: 2014-04-02 12:20:47
There has been no significant change in domestic shopping habits last year. The families bought slightly less daily consumer goods than in the previous year, while the amount of money...
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Bite off our ears! The chocolate bunnies handed over a manifesto
Date: 2014-04-02 12:10:03
Bunny and Friends, together with the Hungarian Confectionery Manufacturers Association handed over a manifesto, to the members of the press on the occasion of the upcoming Easter. The document called...
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The HANGYA COOP has been established
Date: 2014-04-02 11:52:15
The HANGYA COOP (ANT COOP) has been established in Budapest on Wednesday. The union intends to deal with the wholesale trade of agricultural products – the Cooperation of HANGYA Unions...
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KSH: an increase in trade surplus in January
Date: 2014-04-02 11:22:30
The exports in euro rose by 3.1 percent, while imports fell by 0.2 percent in January, compared with a year earlier. The export surplus rose to 482 million euros from...
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Ruiny cellars were rescued on Somló hill
Date: 2014-04-02 11:20:39
So far, 24 ruiny cellars were rescued from decay by volunteers and winemakers on the Somló hill. The ruiny cellars will be kept clean by the adoptive wineries from now...
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More than twenty thousand people visited the Open Day of EU Developments
Date: 2014-04-01 11:00:11
More than twenty thousand people visited nationwide the sites of the cultural, recreational and scientific investments held under the program of the Open Day of EU Developments – the Prime...
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This year’s edition of the Full Belly to All Children Foundation has started
Date: 2014-04-01 10:58:20
The Full Belly to All Children Foundation has launched this year's seed and animal distribution action on Tuesday. As the first step of the action, this year the needy were...
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Rural development against environmental protection?
Date: 2014-04-01 10:55:28
It can be seen in an increasing number of cases that the nature conservation sector is not able to function properly within the framework of the Ministry of Rural Development....
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A strategic year in the pig sector
Date: 2014-04-01 09:07:03
Dr Antal Németh, the president of the Livestock and Meat Interprofessional Organisation and Marketing Board (VHT) told at a year-starting press conference that Hungary’s pig stock had reduced to half...
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Infringement proceeding in the special tax case has been terminated
Date: 2014-03-31 13:00:09
The European Commission has announced that they closed the infringement proceeding started in 2011 and will not initate the condemnation of Hungary by the European Court of Justice – the...
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Domestic producers do not expect an increase in egg prices
Date: 2014-03-31 12:50:42
Domestic producers do not expect an increase in egg prices as Easter approaches. As the result of the European overproduction, the cheap imports and the black market the season started...
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The tobacco store openings have increased the number of enterprises
Date: 2014-03-31 12:30:37
According to the datas of the Central Statistics Office (KSH), by the end of 2013, 688 thousand businesses were in Hungary, nearly 22 thousand more than a year earlier. The...
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The Hungarian pig sector’s competitiveness is unimaginable without the research background
Date: 2014-03-31 12:10:25
This institute is one of the most important institutes, that will facilitate the Hungarian pig strategy – Fazekas Sándor said at the handover ceremony of the pig performance test lab...
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European regulation on organic products
Date: 2014-03-31 12:00:40
The demand for organic products in the EU is increasing significantly, therefore the European Commission created a new draft on organic production and on the labeling of the products. In...
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Retail sales improved further in Germany
Date: 2014-03-31 11:08:42
Despite the expectations, retail sales improved further in February in Europe's largest economy. After the 1.3 percent increase of January, retail sales in Germany continued to grow by 1.3 percent...
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Russian grain exports may decline
Date: 2014-03-31 11:03:05
Russia during the financial year beginning in July, can export less grain, because the grain yields will be lower than last year's. Russia is the world's third-largest grain producer, about...
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The Japanese government to raise VAT
Date: 2014-03-31 11:00:01
The Japanese government raises the VAT from 5 to 8 percent from 1 April. It is the first time, since 1997, that the VAT will increase in Japan. The measure...
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FELIR identification: one year for acquiring it
Date: 2014-03-31 10:01:09
As of 1 January 2015 only those enterprises will have the right to sell goods falling under the scope of Act 46 of 2008 which have a FELIR identification; the...
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Index: the financial optimism of the Hungarians has strengthened further
Date: 2014-03-28 11:20:34
The Hungarian population's mood in connection with the daily finances improved further compared to the previous year – the recent survey of Deloitte-Scale BankIndex shows. Not only people see the...
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HITA awarded the most significant investments in 2013
Date: 2014-03-28 11:15:22
The National Foreign Trade Agency (HITA) handed over the “Investor of the Year” awards on March 27 in the Museum of Fine Arts in eight categories. In the scope of...
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NFH: the Hungarian consumer protection is at the forefront in screening out dangerous products
Date: 2014-03-28 11:05:42
Last year, Hungary sent the most signals to the EU alert system for non-food products. The system aims to identify hazardous products. The National Consumer Protection Authority (NFH) in 2013...
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The price of Hungarian pork declines due to the Russian import stop
Date: 2014-03-27 12:25:31
Hungarian pig farmers are in a difficult situation, because due to the Russian import stop, the price of porker declined by more than 7 percent. The price of pork decreased...
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GfK: Hungarians are optimistic before the elections as generally
Date: 2014-03-27 12:15:57
The GfK’s Consumer Confidence Index rose slightly in the first quarter of this year, compared to the datas of last year’s end. The consumer expectations are on their peak, due...
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Varga Mihály: The Georgians did this better
Date: 2014-03-27 12:03:30
Nowadays, the Ministry would carry out the replacement of the cash registers differently – said Varga Mihály, Minister of National Economy to Heti Válasz. As an example, Varga Mihály mentioned...
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Hundreds of Hungarian companies took part on the national export consultancy roadshow
Date: 2014-03-27 12:00:26
About 650 small and medium-sized enterprises (SMEs) participated on the national export consultancy roadshow, launched by the Hungarian National Trading House Ltd. (MNKH) and the Hungarian Chamber of Commerce and...
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Revenue from venison exceeded 5 billion HUF
Date: 2014-03-27 11:59:38
The venison is a “renewable resource,” and also a healthy food, however, high-quality venison can only come from conscious, professional game management – Kardeván Endre, national chief veterinarian said at...
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VAT fraud with six billion HUF worth sweets
Date: 2014-03-27 11:01:09
A criminal organization was cought, with six-billion HUF worth sweets. The members of the criminal organization are suspected with fiscal fraud causing particular huge financial losses – the National Tax...
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