Market News
The digital agricultural strategy can bring ten billions
Date: 2018-03-07 11:33:17
The professional draft of the digital agricultural strategy of Hungary was completed – agrarszektor.hu wrote. The document can be submitted to the government in the spring, and the amount of...
Read more
Twenty thousand hectares of vineyards have been renewed since 2010
Date: 2018-03-07 11:30:20
Since 2010, 20 thousand hectares of vineyards have been renewed in Hungary, with a growing area of 1500-2000 hectares. The area actually planted is 80 thousand hectares, Fazekas Sándor Minister...
Read more
The KSH has started an annual survey on the living conditions of households
Date: 2018-03-07 11:10:22
The Central Statistical Office (KSH) measures households’ budget and living conditions in approximately 10,000 households between 1 March 2018 and 10 May 2018, the agency announced on Tuesday. According to...
Read more
EY: the Hungarian buying-in market closed a successful year last year
Date: 2018-03-07 11:09:19
According to the survey of EY, the estimated size of the Hungarian acquisition market exceeded 4 billion USD last year with an annual growth of 150 percent, which is the...
Read more
The Hungarian Post expects 20 percent more packages this Easter compared to last year
Date: 2018-03-07 11:02:19
Hungarian Post (Magyar Posta) expects an average 20 percent more packages this Easter compared to last year. The Hungarian Post delivered 40 million units in 2017, the company told MTI....
Read more
METRO’s private label products
Date: 2018-03-07 10:18:42
At the moment METRO Hungary is the only Horeca wholesaler in the country which offers a large and ever-growing selection of private label products in more categories. Director of purchasing and...
Read more
FAO: New tools for reporting on world’s forest resources launched
Date: 2018-03-07 10:08:16
FAO has launched today a new online platform for reporting on the status and trends of the world’s forest resources. The platform enables countries to increase the efficiency of their...
Read more
The economy grew by four percent last year
Date: 2018-03-06 11:50:26
Hungary’s gross domestic product (GDP) increased by 4.0 percent in 2017 after the 2.2 percent of the previous year. The calendar-effect adjusted data doubled from 2.1 percent to 4.2 percent....
Read more
The Product of the Year awards were handed over
Date: 2018-03-06 11:47:51
This year, the Product of the Year awards were handed over for the seventh time on Monday. The Hungarian consumers have evaluated the products in 21 categories – Vágvölgyi Mihály,...
Read more
Analysts: the rise in retail sales is higher than expected
Date: 2018-03-06 11:45:07
The pace of retail turnover in January exceeded the expectations. The increase of real wages and the demand for durable consumer goods generate strong growth this year, which could only...
Read more
MNB: a bankrendszer több mint kétszeresen teljesítette kkv-hitelezési vállalását
Date: 2018-03-06 11:18:12
Az MNB piaci hitelprogramjában részt vevő bankok 2017-re vállalták, hogy közel 230 milliárd forinttal növelik kkv-hitelezésüket, a vállalását minden bank teljesítette, ennek eredményeként szektorszinten az egy évvel korábbit is meghaladó,...
Read more
The confidence of the American consumers is growing
Date: 2018-03-06 11:00:16
Compared to January, the consumer confidence in the United States strengthened in February. The University of Michigan announced on Friday that the monthly consumer sentiment index reached 99.7 points, which...
Read more
Coca-Cola HBC Magyarország: We aren’t stopping, we continue the expansion!
Date: 2018-03-06 10:42:35
In the last five years Coca-Cola HBC Magyarország became one of the Coca-Cola HBC group’s regional production centres. The company also added many new products to its portfolio, offering something to...
Read more
Carpathian Basin cooperation for the development of wine regions and wine culture
Date: 2018-03-06 09:20:51
Hungarian and cross-border Hungarian winemakers confirmed their intention to cooperate. They signed the II. Carpathian Basin Wine Agreement for the development of wine regions and wine culture on Saturday in...
Read more
Magazine: Trends that will shape retail in 2018
Date: 2018-03-06 07:09:19
International research organisation IGD – who focus on the retail sector – identified five important trends that will be influential in the FMCG sector in 2018. 1. Premium category private label...
Read more
A brand new Vitara from two hundred forints
Date: 2018-03-05 11:15:31
Reversing camera, built-in navigation, adaptive cruise control, downhill assistance and emergency brake assist make driving easier, seat heating, automatic air conditioning and leather upholstery provide comfort. The main prize of...
Read more
Iran is interested in Hungarian vegetables and fruits
Date: 2018-03-05 11:14:17
Hungarian companies are mainly supplying pharmaceutical and paper products to Iran, but the Middle East is also very interested in Hungarian vegetables and fruits – Varga Mihály, Minister of National...
Read more
Retail sales declined in the euro area and in the EU in January
Date: 2018-03-05 11:03:40
The retail sales of the euro area and the EU declined in January, contrary to the market expectations – according to Eurostat. In Hungary, retail sales in January reached the...
Read more
The Schwarzkopf mission
Date: 2018-03-05 10:44:14
This year Schwarzkopf celebrates 120 years of being present in the hair care market. On this occasion our magazine interviewed Ottó Németh, general manager (Henkel Beauty Care) of Henkel Magyarország Kft....
Read more
Magazine: Consumer expectations for 2018: it won’t get better, it won’t get worse
Date: 2018-03-05 07:48:22
In January 2018 Kantar Hoffmann conducted a representative survey in Hungary, with the participation of 1,100 adults, about what consumers expect in 2018. It matters a lot whether a country’s population...
Read more
Hungary exported nearly 6,000 tons of chocolates in 2016-2017
Date: 2018-03-02 11:45:52
Chocolate production in Hungary has shifted towards quality, more and more high-cocoa content products and handicraft products are being made – Fazekas Sándor Minister of Agriculture said on Friday in...
Read more
FAO: world food prices increased
Date: 2018-03-02 11:36:35
In February, FAO’s food price index increased by 1.1 percent. The five basic food price indices monitored by the Food and Agriculture Organization of the United Nations (FAO) grew to...
Read more
Agricultural Chamber: the production value of horticulture can be doubled
Date: 2018-03-02 11:33:21
The production value of the Hungarian horticultural industry is about 400 billion HUF annually, which can be increased by up to 800 billion HUF through modernization, rationalization of regulation and...
Read more
The European Parliament voted on the report on honey
Date: 2018-03-02 11:30:35
The most important result of the European Parliament’s resolution adopted taking into account the views of all interested parties is the focus of attention on honey counterfeiting – Erdős Norbert,...
Read more
NGM: Nearly 6,500 billion HUF investments have been implemented in Hungary in 2017
Date: 2018-03-02 11:25:12
Last year, nearly 6,500 billion HUF worth of development was made in Hungary, which represents an increase of almost 17 percent, compared to the previous year, considering the volume of...
Read more
Nébih: The tested wheat flours met the standards
Date: 2018-03-02 11:12:59
The 24 wheat flour products met the food safety requirements at the Szupermenta test of the National Food Chain Safety Office (Nébih) in February – the authority told MTI on...
Read more
The sales of smartphones declined globally last year for the first time
Date: 2018-03-02 11:01:37
Last year, the sales of smartphones in the world market dropped by 0.5 percent, causing a downturn for the first time. According to the data of the American International Data...
Read more
Eurofins Group is now present in more markets of the region
Date: 2018-03-02 10:40:28
On 11 January 2018 Gyula-based Food Analytica Kft. joined Eurofins Group, the world leader food laboratory testing network, seated in Luxembourg. Eurofins was established in France in 1987 and today it is...
Read more
91 percent of Romanians living abroad regularly buy Romanian products
Date: 2018-03-02 09:02:11
Nintety-one percent of Romanians living abroad regularly buy Romanian products, and 61 percent popularize Romanian brands among their acquaintances, according to a recent survey of the MKOR Consulting market research...
Read more
Magazine: GfK Hungária Market Research Institute forecasts growth for 2018
Date: 2018-03-02 07:10:53
According to Ákos Kozák, managing director of GfK Hungária, Hungarian FMCG sales and consumption have been growing continuously since 2015. The 3-4 percent consumption growth and the 4-5 percent expansion in...
Read more