Events
36.53 billion HUF for the development of animal husbandry
The Prime Minister's Office opens another tender for the animal breeders. The dairy restructuring welfare support will be 36.53 billion HUF – the Prime Minister's Office told MTI on Thursday....
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Several billion HUF to be allocated to agricultural marketing
The agricultural marketing program for the next three years is ready. The government would allocate the program with a total of about 6-7 billion HUF from domestic and EU funds....
Read moreGKI: a 2.3 percent growth is expected this year
The GKI Economic Research Co. expects a 2.3 percent economic growth and a 0.8 percent inflation this year – Vértes András, CEO of the GKI Economic Research Company announced on...
Read moreSlight increase in retail sales in Slovakia last year
Retail sales in Slovakia increased by 1.4 percent on an annual basis – the analysis of the Poštová Banka reveals. Retail sales in Slovakia in 2015 amounted to 19.139 billion...
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NÉBIH inspections in the dairy market
The National Food Chain Safety Office (NÉBIH) examined unfair market practices by retailers against suppliers in selling 1.5-percent fat UHT milk. NÉBIH performed 41 inspections and in more than 30...
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Magazine: Skin care and freshness when standing in the shower
After the stagnation of recent years 2015 brought a sales explosion in the shower gel market. This very positive trend was the result of the hot weather and the increased...
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Wine import halved
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that domestic sales of wines without geographical indication and wines with protected geographical indication...
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Agricultural trade surplus was over three thousand million euros
Horticulture is a strong, stable branch of the Hungarian agriculture. Horticulture gave about one-sixth of the annual agricultural output last year – Fazekas Sándor, Minister of Agriculture said at the...
Read moreFM: the national economy can also produce a reduction in VAT for other food industries
The Ministry of Agriculture (FM) hopes that the national economy will produce a reduction in VAT for the products of other food industries. Feldman Zsolt Minister of State of the...
Read moreFurther support for the grape growers
The Agriculture and Rural Development Office awaits the support claims for vineyard restructuring and transformation from April. According to the 142/2012. (27 Dec) Ministry of Rural Development (VM) decree, support...
Read moreThe National Pálinka Council was transformed into a public body
The National Pálinka Council (PNT) was transformed into a public body – the Minister of Agriculture announced at the inaugural meeting in Budapest on Wednesday. Fazekas Sándor reminded that the...
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Declining economic sentiment in Europe
Economic sentiment declined in the euro zone and in the European Union in March for the third consecutive month. According to the report issued by the European Union’s Economic and...
Read moreRomania is also struggling with the Chinese honey
Honey falsification occurs in Romania at an industrial pace, so the local beekeepesr suffer serious loses, however, the health of consumers is at risk as well – the Magyar Nemzet...
Read moreStrategic agreement was reached on raising up the countryside
The Ministry of Human Resources (Emmi), the Agricultural and Rural Development Agency (MVH), and the National Association of Agricultural Economics (NAK) signed a strategic cooperation agreement to strengthen agriculture and...
Read moreMLSZKSZ: strong logistics industry is the basis of the economic development
The competitive and strong logistics industry is the basis of Hungarian economy’s development, without it there is no industrial development – the Association of the Hungarian Logistics Service Centers (MLSZKSZ)...
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Shops are closed on Sundays for a year now
It was in March 2015 that the regulation, according to which stores must stay closed on Sundays, entered into force. Today the majority of shoppers would still like to go...
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Magazine: Demand keeps growing for dark chocolate
The chocolate bar market is characterised by increased demand for branded products with a good price-value ratio, while the market share of private label products keeps shrinking. Korinna Kozma, marketing...
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Coffee prices are increasing on the Hungarian market
The world market coffee prices are on the lowest levels of the past two years, due to favorable harvest prospects in Brazil, but due to the supply that is lagging...
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The pork campaign continues
The promotion of the high-quality branded pork products continues after the Easter store tasting – Feldman Zsolt, Deputy Minister of State of the Ministry of Agriculture (FM) said on Tuesday...
Read moreThe production financing of the seal will be unified
The government is considering amendments in the excise tax rules, in order to unify them, to reduce administration and to increase the efficiency of tax collection. The production cost of...
Read moreThe GKI sentiment index continued to decline in March
The seasonally adjusted value of the GKI sentiment index continued to decline in March, after the fall in February. The business expectations have not changed, while the consumers’ expectations noticeably...
Read moreSavings Bank: economic growth will slow this year, but will accelerate in 2017
Economic growth will slow to 2.5 percent this year, however in 2017 it may accelerate to 3.1 percent – the analysts of the Savings Bank (Takarékbank) say. The bank's first...
Read moreKSH: the number of employees continued to increase
The average number of employees was 4.241 million in the period between December last year and February this year. It is 117 thousand more than in the previous year –...
Read moreFertilizers became much more expensive
The fertilizer distributors sold 1.5 million tons of fertilizers directly to farmers in 2015. The sales volume was eight percent higher than a year before. The fertiliser prices have risen...
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The European Commission rewards the most inspiring businesses
The European Commission rewards the most inspiring businesses again this year. The European Commission’s (EC) Award for the inspiring of European businesses will be organized in Hungary for the first...
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Magazine: Oat’s renaissance
Thanks to an excellent sales performance from mueslis and muesli bars, cereal sales have increased by 8 percent recently. Klaudia Takács, associate marketing manager of Nestlé Hungária Kft. told our...
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POPAI Global Award has a Hungarian winner again!
A.R.E | POPAI The New Association announced the 2016 Global Awards Winners at GlobalShop in Las Vegas on March 23, 2016. Each year, the POPAI Global Awards recognize excellence in...
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Call for Tenders for the Innovation Product Competition of Sirha Budapest
For the second time, Hungexpo Zrt. and Trade magazine will be jointly hosting the Sirha Budapest international Innovation Product Competition. The goal of the competition is to use the exhibition...
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Heavy traffic is expected in the chain of stores
The domestic retail chains expect a strong Easter traffic. The most popular products remain ham, eggs, chocolates, and alcoholic beverages; However, the consumers are increasingly turning to higher-quality products –...
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Trade Association: Easter brings 40-50 billion HUF additional revenues
During the pre-Easter holiday shoppings retail sales jump with 40-50 billion HUF – the secretary general of the National Retail Federation told M1 news channel on Sunday. Vámos György described...
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