Events
Food products were the most frequently advertised in May
In May 2016 television commercials for groceries reached the most 18-49 year old viewers, as their GRP was 30,813 points, 6 percent higher than in last May. The GRP shows...
Read moreAnalysts: retail sales growth remains in the long-term
Among other things, due the growth of real wages, the increase in employment and the strengthening of consumption, retail sales growth may remain long-lasting for the remainding part of the...
Read more
Watermelon floods Europe
The purchase price of watermelon is low not only in Hungary, but all over Europe. There is an oversupply on the markets – the National Association of Agricultural Economics (NAK)...
Read moreFM: conscious management and control in the wine sector
The Hungarian wine sector needs conscious management and control, this could be a long-term guarantee of success – the Deputy Minister of State of the Ministry of Agriculture announced on...
Read moreThe number of employees continued to increase in the agricultural sector
The number of employees continued to increase in the agricultural sector this year; in the first three months, the sector has employed more than 211 thousand people – the Minister...
Read more
Illegal wells may become legal
A legislative change appeared recently that will legalize the illegally created wells. The legislative change was initiated by the National Agricultural Chamber and will allow the owners of the wells...
Read more
Retail sales decreased in the EU
Eurostat announced that retail trade volume in June in the Eurozone was unchanged from the previous month, while sales decreased by 0.2 percent in the whole European Union. In a...
Read more
Euro zone’s economic growth has accelerated
Euro zone’s economic performance increased with a slightly faster pace in July. It seems that the region got over quickly over Brexit – the Purchasing Manager Index (PMI) of the...
Read more
NAK membership registry complete
The Hungarian Chamber of Agriculture (NAK) has approximately 400,000 members, from primary producers to sole traders to family farms and food industry enterprises. This year the revenue from membership fees...
Read moreWinemakers allowed to use more grapes for vin de pays
Sorry, this entry is only available in HU....
Read moreKSH: retail sales increased by 5.7 percent in June
The volume of retail sales in June, increased by 5.7 percent according to both the raw data and calendar effect adjusted data, compared to the same period of the previous...
Read more
The Bakers’ Association suggests VAT rate cuts and clear market conditions
The Hungarian Bakers’ Association suggests a reduction of Value Added Tax (VAT) and to create fair market conditions, in the baking industry – Septe József, president of the association told...
Read moreWheat beers did well in a food safety test
Wheat beers did well in the test of the food chain safety authority; 18 products were checked by the staff of the authority and no deficiencies were found – the...
Read moreThe tobacco supplier does not infringe EU competition laws
The European Commission will not initiate a procedure on the central tobacco supplier – MTI was informed from sources in Brussels. The European Commission has accepted the Hungarian Government's argument...
Read moreNGM: retail is expanding for three years continuously
The retail sales are continuously growing for thirty-six months. In the past year, except in January, growth was 4-5 percent each month, compared to the same period of the last...
Read moreThe National Council of Wine Communities prepared a comprehensive sector strategy
The National Council of Wine Communities (HNT) – in accordance with the cooperation agreement with the Ministry of Agriculture (FM) – prepared a comprehensive sector strategy for the whole Hungarian...
Read more
Red pepper growers should remember that an important deadline will expire
The 37/2014 (IV. 4) agricultural de minimis decree of the Ministry of Rural Development (VM) on the support of paprika growers was released. The producers can apply for non-refundable agricultural...
Read moreBisnode: company liquidations at the low point
The number of forced cancellation decreased by over thirty percent, while the number of liquidations decreased by almost twenty percent in the first half of the year, compared to the...
Read moreThe irrigation development tender of the Rural Development Programme to be amended
In order to effectively implement projects aimed at increasing the irrigated land, the Rural Development Programme’s rural water sector applications to be amended. The submission of grant applications will be...
Read moreSupport to easen grape cicada damages
Support claims for the spraying of US grape cicada pesticide can be submitted until 15 August. 50 percent support can be claimed after spraying within the 1 May to 31...
Read more
Trends in neighbouring countries: a mixed picture
FMCG value and volume sales were up in Romania, Serbia, Slovakia and Slovenia. Volume sales practically stayed put in Austria and Croatia. Average prices dropped in Romania, Slovakia and Slovenia,...
Read more
Nielsen: the Hungarian consumer confidence fell in the second quarter
The consumer confidence index in Hungary decreased: the second quarter’s 57 points is 4 points less than the first quarter’s 61 points. However, if we compare it with the 55...
Read moreAgricultural producers expect favorable market turnaround this year
The agricultural producers expect favorable market turnaround this year. Mild optimism can be experienced in the agricultural sector – the survey of the Agribusiness Index reveals. The Agribusiness Index which...
Read more
KSH: foreign trade surplus was 730 million euros in May
In May, exports increased by 6.3 percent, while imports increased by 2.9 percent calculated in euros, compared to a year before. The export surplus of 730 million euros is 259...
Read morePreferential loans can save farmers
The preferential land loan program may represent the major driving force in agricultural lending in the coming period. The loan portfolio of the food industrial businesses has increased in the...
Read more
The irrigation and kind development can bring changes in onion cultivation
The irrigation and kind development, quality assurance and avoiding illegal import can reverse the declining trend in onion production – Süle Katalin, spokeswoman of the National Agricultural Chamber told. The...
Read moreDepressed cereal prices
This year's wheat harvest is virtually completed in Hungary. Due to bad weather, farmers are still working on the fraction of the harvested area. However, the producers are dissatisfied with...
Read moreWho violatesthe labor rules cannot get subsidy
The Prime Minister’s Office points out that only those clients will benefit from development support, those who carry out their activities in accordance with the labor standards, so they can...
Read more
New directions ahead of the FMCG industry
Manufacturers, distributors and retailers gathered in Budapest to chart a new path for the FMCG industry. The 2016 Stamegna Network – All Food and Confectionery event was held at the...
Read more