Market News
The Hungarian Highlands Depository has been established
With the support of the Ministry of Agriculture, the Civic Association of Farmers organized a conference titled Hungarikum and the Hungarian values of the Hungarian Highlands in Fülekpüspöki. At the...
Read moreCloser agriculture ties between Kazakhstan and Hungary
Nagy István, Parliamentary Minister of State of the Ministry of Agriculture (FM) negotiated with Szaparhan Keszikbajevics Omarov Kazakhstan’s Deputy Minister of the Agricultural Ministry to tighten agriculture ties between Kazakhstan...
Read moreRetail sales rose by 5.5 percent in the Czech Republic in September
Retail sales rose by 5.5 percent in the Czech Republic in September on an annual level. The index was 3.3 percent in August – the Czech Statistical Office announced on...
Read more
Another big growth in television advertising spending
Between December 2014 and July 2015 tea sales were above HUF 8 billion in value. Value sales rose 1 percent but volume sales fell 2 percent. Manufacturer brands realised 84...
Read morePork is their trademark
On 2 September György Osvay, the CEO of Szerencs Agriculture Zrt. and Dr Antal Németh, the president of the Livestock and Meat Interprofessional Organisation and Marketing Board (VHT) ceremonially signed...
Read more
Interpreting the advertising law
As of 4 July 2014 the Hungarian parliament amended the Advertisement Act (Act 48 of 2008) with Act 72 of 2015 (Budget Act). In order to see clearly in the...
Read more
Magazine: Trendy new gifts and evergreens
The advertising, promotional and business gift industry keeps evolving and innovating, so there is no shortage of new products in the market. Economic recession has consolidated the market and now...
Read more
Analysts: retail trade may grow by 5-6 percent this year
The macro-analysts of the Savings Bank and the K & H banks expect for a further sustained growth in retail sales. For the whole year a 5-6 percent growth is...
Read moreNot every store will be obliged to increase the number of staff
The mandatory staff number requirement would be iintroduced only in supermarkets selling food and daily consumer goods – the Magyar Idők wrote. So the malls do not have to expand...
Read more
NGM: retail sales became clearer thanks to the introduction of the online cash registers
The effect of the introduction of the online cash registers in last September could be only felt moderately, but this year retail sales became clearer as well as the economy...
Read more
The public media plans to increase its advertising revenues
The public media will sell its television, radio and online advertising surfaces within a public procurement procedure. The winner became the Média Services Company Magyarország Kft.. The aim of the...
Read moreAdministration facilitation for wine producers
The electronic cellar diary is expected to be introduced at the larger wine cellars, while the smaller producers, producing less than one thousand hectoliters per year are exempted from the...
Read more
Nébih: minor deficiencies in case of garlic creams
The National Food Chain Safety Office (Nébih) carried out the official investigations of five garlic creams. During the tests, minor deficiencies were found – the agency told MTI on Thursday....
Read moreThe young farmers were given support for more than 150 thousand hectares this year
This year, the young farmers claimed supports for about 154,000 thousand hectares, for an average of 15 hectares – Czerván György said on Thursday at the ceremonial handover of the...
Read more
Retail sales of the Eurozone decreased, while the retail sales of the EU increased in September
The volume of retail sales of the Eurozone declined, while the retail sales of the European Union increased in September on a monthly basis. The EU's statistical office (Eurostat) reported...
Read more
The European Union forecasts a modest economic growth
Despite the drop in oil prices and the relatively weak euro, a moderate economic growth can be expected in all countries of the European Union – according to the autumn...
Read more
Legislation should be modified
According to the Hungarian Cash Register Association, the legislation on online cash registers should be modified. At the moment online cash registers mustn’t be sold, so if a shop goes...
Read more
E-money in the cash register
More than a thousand, NAV-approved cash registers can now be used to accept payment in e-money. Barion’s e-payment solution is featured in 1,200 large and 100 small cash registers manufactured...
Read more
Discussions on the opening hours near the Lake Balaton
The Lake Balaton Association (BSZ) consits of municipalities near the lake would like to achieve the shops to be open on Sunday for a few occassions during the summer instead...
Read moreSignificantly increase in the sales of Hungarian craft beer
Szűcs László, CEO of the Főzdefeszt told MTI on Tuesday, that the sales of Hungarian craft beer increases significantly both domestically and abroad. He told that the sales of Hungarian...
Read moreThe Chief veterinarian defends the quality Hungarian honey
We must stand by the quality Hungarian honey – the Deputy Minister of State in charge of the food chain surveillance, and national chief veterinary told M1 news channel on...
Read more
Hungarian commercial center opens in Milan
The Hungarian Investment and Trade Centre opens in Milan on Wednesday. The Hungarian Investment and Trade Centre will help the expansion of Hungarian exports to Lombardy, and to draw more...
Read more
Counterfeiters would be punished more severely
The distribution of any counterfeit product is a crime – according to that nearly two-thirds of the Hungarian population. The same proportion of the Hungarians also consider that they would...
Read moreIllegal tobacco processing plant was found in Borsod-Abaúj-Zemplén county
The finance guards of the National Tax and Customs Administration (NAV) found an illegal tobacco processing plant near Sátoraljaújhely in Borsod-Abaúj-Zemplén county. At a site in a settlement near Sátoraljaújhely...
Read more
Sikér introduces new grinding technology
Tatabánya-seated milling company Sikér Zrt. started using new technology in its Szekszárd plant. The change took 2.5 years to implement and cost HUF 464 million, from which HUF 286 million...
Read more
Nógrádi snacks
‘UNIÓ COOP Zrt. shapes its product selection in a way that priority is given to products made in Hungary. We have had fruitful business relationships with regional SMEs such as...
Read more
Nielsen: Hungarian consumer confidence is on a five-year peak
The confidence index of the the Hungarian consumers increased by six points to 61 points. It is one of the greatest improvement among the surveyed sixty-one countries worldwide. The confidence...
Read more
NGM: foreign trade growth has a healthier structure
In addition to the export of machinery and transport equipment the pharmaceutical industry’s exports also contributed significantly to the healthy growth structure – the Ministry of National Economy (NGM) calls...
Read more