Market News

The number of mini-breweries doubled in the Czech Republic

The number of mini-breweries doubled in the Czech Republic over the last three years. There are currently 215 mini breweries in the country – Jan Surán, President of the Czech-Moravian...

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Those who threw the cash registers to the forest can be sentenced for three years

The Police has opened an investigation because of the dozens of cash registers, that were thrown into the woods of the Mecsek. The culprit can be sentenced for up to...

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A record in the Hungarian agri exports

The Hungarian agricultural exports continued to grow last year, to 8.093 billion euros. It is 18 million euros (0.2 percent) higher than the level of 2012 – Czerván György, Minister...

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KSH: Industrial production increased strongly in January

According to seasonally and working-day adjusted datas, the volume of industrial production rose by 6.1 percent in January, compared to a year earlier, and was 3.1 percent higher than in...

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Manpower: Hungarian employers are characterized by cautious optimism

Cautious optimism characterizes the Hungarian employers: According to the most recent survey of the Manpower labor market operator, in the second quarter of 2014, 15 percent of the employers expect...

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The Romanian miccs was saved

The Romanian food industry entrepreneurs are glad because the competent committee of the European Union has approved the traditional recipe of the traditional Roman meat product, known as miccs. The...

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Seven out of ten Hungarian shoppers appreciate if a retail chain rewards their loyalty with a loyalty programme

In Hungary 46 percent of consumers shop in stores that offer a loyalty programme to customers. Seven out of ten Hungarians prefer to do their shopping where their loyalty is...

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0.1 percent inflation rate in February, food prices remained unchanged

Consumer prices were 0.1 percent higher this February than in February 2012. Compared with the previous month, consumer prices increased by 0.1 percent – the Central Statistics Office (KSH) announced...

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The condition of the autumn-sown cereals is promising

The condition of the autumn-sown cereals is promising – Vancsura József, president of the National Association of Grain Producers (GOSZ) told MTI on Tuesday. He added, however, that in many...

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Kotányi grows pepper in Mórahalom again

The local government of Mórahalom and the Kotányi spice trade company and the Fűszermalom Kft. (Spice Mill Ltd.) have signed a cooperation agreement in order to boost paprika production in...

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Old cash registers were thrown into the woods

Old cash registers were found under the trees of the Mecseki Parkerdő, (Park Forest of Mecsek). The bama.hu wrote that local tourists found the hazardous waste. The retailers must comission...

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Five things retailers can do to please customers

In the shops of the 21st century excellent service, good price-value ratio and efficient advertising are only necessary prerequisites of success but they don’t guarantee it. Customer opinion is much...

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Fazekas: the consumption of foods produced in Hungary has increased

The consumption of foods produced in Hungary has increased significantly, from 70 to 75 percent – Fazekas Sándor Rural Development Minister for said on Monday in Budapest, at the opening...

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Hungarian exports may grow by 2 to 2.4 percent this year

The Hungarian exports will expand with 2 to 2.4 percent this year – the Minister of National Economy announced in Budapest on Monday, in the scope of a press conference....

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Reversed VAT against fraudsters

Twice as much tax is cheated in the European Union annually, as Hungary's total GDP. In Hungary, three hundred billion HUF more losses in the budget occurred in 2012, due...

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The price of corn is on a semi-annual peak

The price of corn increased to a six-month peak on Friday, after due to the Russian-Ukrainian conflict the demand for exported U.S. corn has significantly increased – Bloomberg writes. A...

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New support scheme to help sugar beet production

The Ministry of Rural Development (VM) developed a support scheme to assist sugar beet production. The new support scheme provides the necessary budget for the conditions for the safe management...

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The Ministry of Agriculture is lobbying for acacia in Brussels

Fazekas Sándor Minister of Rural Development wrote a letter to Environmental Commissioner last week, in order not to include white acacia on the list, that contains the non-native animal and...

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Entering the Russian market – with help from HITA

In the Russian market HITA (Hungarian Investment and Trade Agency) offers various platforms to Hungarian enterprises that wish to find Russian partners. For instance we organise business meetings and trade...

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The Nébih seized counterfeit products

The Nébih seized “excellent quality domestic” products made of meat from Slovakia and Chinese pepper. A registered a small producer was selling its products made of meat from Slovakia and...

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Monetary world

In the first weeks of 2014 the Fed announced that it would reduce its bond purchases from USD 75 billion to USD 65 billion. The financial universe is about to...

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MOSZ: The Hungarian agriculture performs under its production potential

The Hungarian agriculture performs under its production potential and still did not reach the level of 1989. It is about 80 percent of it. – Nagy Tamás, President of the...

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Breakfast with honey strengthens the importance of local products

The family farming economic form needs government support all over the world: such stimulus measures are needed, such as infrastructure development, to create positive support system and to develop local...

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VM: there is no African swine fever epidemic in Hungary

Currently there is no African swine fever epidemic in Hungary and the authorities are doing everything they can to keep the epidemic away – Kardeván Endre, chief veterinarian and Minister...

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The price of online cash registers was too high for the Romanians

The Romanian entrepreneurs are upset, because they believe that a price increase will come after the installation of online cash registers. The Ministry of Finance estimates that installing the online...

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Sporty Friday after the Gluttonous Thursday

Across the country, about a hundred gyms, exercise centers, swimming pools and other sports institutions are involved in the Sporty Friday action, in which the services are available on half...

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The retail momentum can remain this year

Analysts expect stable growth in retail trade – Napi Gazdaság wrote. Compared to the previous months, the retail index has increased significantly in January. According to the datas of the...

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KSH: an increase in trade surplus last year

Last year, exports amounted to 81.7 billion euros (24,244 billion HUF), while imports became 74.7 billion euros (22,154 billion HUF), so the trade balance surplus was 7 billion euros (2,090...

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The Most Attractive Employers of Hungary: one Hungarian owned company in the Top 10

According to the joint research of Aon Hewitt and AIESEC Audi, Mercedes, Bosch, Microsoft, MOL, Coca Cola, Nestlé, IKEA, IBM, L' Oréal are the Most Attractive Employers in Hungary. The...

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FAO Director-General: 90 percent of the world’s food production is given by family farms

Ninety percent of world’s food production is provided by family farms – José Graziano da Silva, the Director-General of UN’s Food and Agriculture Organization (FAO) told MTI on Wednesday in...

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