Market News
Czech Republic: many are afraid grocery prices will rise
Date: 2014-03-21 10:14:38
If we check what the latest consumer index is in Hungary, in the neighbouring countries (with the exception of Austria) and in Poland and the Czech Republic, what we see...
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Forum for reducing food waste
Date: 2014-03-20 11:43:21
The Ministry of Rural Development (VM) with the co-operation of the Hungarian Food Bank Association launches a forum in order to reduce food wastage and losses – Feldman Zsolt, Deputy...
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The Chamber of Agriculture and the AVHGA signed a cooperation agreement
Date: 2014-03-20 11:39:22
The National Association of Agricultural Economics (NAK) and the Ago-Business Credit Guarantee Foundation (AVHGA) signed a cooperation agreement on Wednesday in Budapest, to improve the competitiveness of the agricultural sector...
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The Balatoni Kör wants a culinary revolution
Date: 2014-03-20 11:19:01
The Balatoni Kör would llike to achieve a “gastronomic revolution” by promoting local products and initiatives and with greater collaboration on the shores of the Lake Balaton. Váli Péter winemaker,...
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The tax authority would like to see the datas of accountants online
Date: 2014-03-20 11:12:36
The tax and customs authority (NAV) would like to see the system of the accountants as well – the Magyar Nemzet wrote. The tax authority wants similar controls, that they...
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The food retail sales exceeded 1,400 billion HUF
Date: 2014-03-19 12:50:01
The food retail revenues reached 1,404 billion HUF in the ninety food categories measured by Nielsen, between February 2013 and January 2014 as a year earlier. In terms of volume,...
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GfK: the conquer of the flavored mineral waters
Date: 2014-03-19 12:40:56
While the demand for natural mineral waters decreased last year, the demand increases from year to year towards the flavored mineral waters. According to the datas of the GfK’s Household...
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Many villages do not have tobacco shops
Date: 2014-03-19 12:12:09
In the fourth round of the competition, 865 tobacco shop concessions were not filled, so certainly there will be a fifth round – vg.hu wrote. A total of 127 concessions...
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The NAV helps when the code does not work
Date: 2014-03-18 12:15:45
Those who cannot install their online cash registers properly, can ask for assistance in email, by giving their codes – can be read on the NAV’s website. According to the...
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147 billion HUF in sales from medicinal products and pharmaceutical preparations without a prescription
Date: 2014-03-18 12:07:48
The retail sales of nonprescription drugs from medicinal preparations (OTC), increased by 11 percent to approximately 147 billion HUF last year, compared to 2012 – the Nielsen consumer information and...
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Six sectors share the two-third of the online retail sales
Date: 2014-03-18 12:05:49
The bulk of the turnover is made by web stores that also have traditional shops. Among other things, this came into light at the joint press breakfast of GKI Digital...
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NAK: a guide to futures contracts
Date: 2014-03-18 12:00:26
Last year, all the participants of the grain market were adversely affected, that futures contracts fell short, due to deficiencies of the legislation. According to the new Civil Code, came...
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The poppy industry may bring twenty billion HUF revenue
Date: 2014-03-18 11:40:07
Hungary has the conditions to become a great power in the industrial poppy cultivation again; with a processing plant the sector could reach an annual 20 billion HUF in revenue,...
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Whitening economy, due to the online cash registers
Date: 2014-03-17 12:30:08
175 billion HUF more turnover was admitted from sectors, that were previously infected with VAT frauds, compared to a year ago – the compilation of the Magyar Nemzet states. According...
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Fazekas: the VM wants to help to the spice paprika sector
Date: 2014-03-17 12:10:25
The Ministry of Rural Development (VM) is willing to help to the spice paprika sector, which is in a difficult situation with 170 million HUF seed support – Fazekas Sándor...
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Cigarette smugglers were caught
Date: 2014-03-17 11:00:08
The authorities found smuggled cigarettes in Tivadar and in Debrecen. About fifty million HUF worth smuggled cigarettes were found by police officers and finance officers in a house in Tivadar...
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It is Sweden’s turn now
Date: 2014-03-17 10:20:24
As of 1 January 2014 the Swedish Chamber of Commerce in Hungary took over the rotating presidency of the European Union’s Chambers of Commerce in Hungary. János Takács, chairman of...
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Light in the Sahara
Date: 2014-03-17 09:23:47
On 21 January The Coca-Cola Company announced at the World Economic Forum in Davos which one of the Global Shapers Community’s projects they will be funding. The biggest sum, USD...
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Women and older people are more conscious customers
Date: 2014-03-14 13:10:27
GfK’s Shopping Monitor research was also prepared in 2014. The research monitored the buying habits and the chang od the buying habits over time. According to the datas of the...
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The EU tests the environmental footprint of foods and feeds
Date: 2014-03-14 12:00:35
On the markets of the EU, different national methods and procedures (ISO 14044, PAS 2050 etc.) are used, that do not allow the comparison of the performance of the products...
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There can be more online cash registers, than traditional cash registers by the end of May
Date: 2014-03-14 11:52:36
The number of installed online cash registers exceeded 59 thousand – according to the March 10 datas. It is expected that by the end of May most of the shops...
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Budapest is most attractive investment location in Eastern Europe
Date: 2014-03-14 11:52:28
According to the most recent ranking of the fDi Magazine, owned by the Financial Times group, 2014-2015 Budapest is most attractive location in Eastern Europe in terms of capital investment....
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SafeBrand for the Hungarian for products
Date: 2014-03-14 11:51:33
For today's conscious consumers, value can be a number of things when choosing a product: in addition to natural ingredients, nutritional values, allergens, much more attention is paid to the...
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Hungary's largest health and harmony center to open!
Date: 2014-03-14 11:20:30
Hungary's largest health and harmony center, called Bijó opens in March. The center awaits the health-conscious visitors on two floors, on a total area of 6,000 square meters. In a...
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Magazine: Upward trend in our agricultural trade with Russia
Date: 2014-03-14 11:07:51
In February 2013 Hungary’s Minister of Rural Development opened the Prodexpo 2013 food trade fair in Moscow. In Hungary at the 2013 OMÉK (National Agriculture and Food Exhibition) Russia was...
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Non-perishable food collection will be held next Sunday by the Catholic Church
Date: 2014-03-14 10:55:07
Non-perishable food collection will be held next Sunday in the Catholic churches. The letter of the Hungarian Catholic Bishops' Conference (MKPK) over the food collection will be read in all...
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KSH: The decline in agricultural prices continued in January
Date: 2014-03-13 12:35:48
Agricultural producer prices continued to decline in January by 13.4 percent, compared to a year earlier. In particular, the price of crop products declined by 19.6, the price of live...
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Analysts: foreign trade surplus exceeded the expectations
Date: 2014-03-13 12:20:50
The foreign trade surplus in January exceeded the expectations – analysts told MTI on Wednesday. The analysts share different views about the extent of the surplus. According to the communication...
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The VM provides a support of about 150 million HUF to the paprika producers
Date: 2014-03-13 11:05:21
The Ministry of Rural Development (VM) provides an about 150 million HUF support to the spice paprika producers in 2014 – the ministry told MTI on Thursday. The spice paprika...
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Product warranty from 15 March
Date: 2014-03-13 11:04:02
In the future the purchaser can enforce the warranty right against the manufacturer or the dealer, thanks to the new Civil Code, enters into force on 15 March. The new...
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