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Retail sales growth slowed, but still strong
Compared to the previous months, the growth of retail sales slowed, but remained strong in August, according to experts who also added that the cheaper fuel continue to pull the...
Read more150 billion HUF for the development of animal husbandry
150 billion HUF will be spent on the the development of the livestock sector in the Hungarian agriculture between 2014 and 2020. Nagy István, Parliamentary Minister of State of the...
Read moreDangerous pathogens are attacking the vines
The National Food Chain Safety Office (NÉBIH) told MTI on Monday that the gold vine jaundice disease appeared again in the Hungarian wineyards. The Plant Protector Inspector General ordered a...
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KSH: retail sales increased by 4.7 percent in August
The volume of retail sales increased by 4.7 percent, compared to a year before in August – according to both the raw and calendar adjusted data – the Central Statistics...
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Every year, more and more Hungarian nuts are consumed in the world market
This year Hungary can conduct more than ever nut graft sales, including the Magyar Kertészeti Szaporítóanyag Nonprofit Kft. (MKSZN), one of the major distributor of Eastern Europe, which sold approximately...
Read moreTobacco farmers should hurry if they want support
The tobacco producers have the opportunity to log in into the Agriculture and Rural Development Office’s new restructuring program until 7 October 2015. It is important for the tobacco producers...
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The greening time limit expires this week
The European Commission decided after a number of Member States' proposals that further amendments will be made to the greening system in the spirit of simplification. So at the end...
Read moreRomanian retail grew over six percent
In the first eight months the Romanian retail sales grew by 6.2 percent, compared to the same period of the last year – the Romanian national statistical institute announced on...
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Magazine: Tobacco products from a single distributor
Tabán Trafik Zrt.’s consortium has been given the rights for operating the new central tobacco product supply system in controversial circumstances. This story may continue in Brussels, but at the...
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Soproni ‘It is more fun to drink it together’ summer promotion – Own Beer Festival 2015
This promotion was realised between 15 June and 20 August 2015 to support sales of Soproni beer’s classic bottle version in the retail and Horeca channels. Those who purchased the...
Read moreTokaj Trading House builds bottling plant
State-owned wine company Tokaj Trading House is building a cutting edge bottling plant. In the first stage of the project they built a 66,000-hectolitre capacity tank hall from HUF 2.5...
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MNKH: flagships sailing towards new horizons
Zsanett Ducsai-Oláh has been the CEO of the Hungarian National Trading House Zrt. (MNKH) since this spring. She told Trade magazin that MNKH’s primary objective is to assist internationally competitive...
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The renovated Klauzál square Market Hall opened its doors
On 2 October the renovated Klauzál square Market Hall opened its doors. The Market Hall aims to supply the population of the 7th District as well as to improve the...
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The Hungarian cabbage is increasingly popular in Europe
More and more European countries are looking for quality Hungarian brassicas. Experts expect an increase in domestic – health conscious – consumption as well as the incentive effect of the...
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NGM: the expansion of the food industry also contributed to foreign trade
Vehicle exports, as well as the performance expansion of the pharmaceutical and food industries also helped the foreign trade dynamics in the first seven months of 2015 – Marczinkó Zoltán...
Read moreDeutsch Tamás proposes to reduce the VAT on Internet to 18 percent
Deutsch Tamás proposes to reduce the VAT on Internet from 27 percent to 18 percent, on the basis of the data of the results of national consultations on the Internet...
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Food Avalanche won the first prize for the most successful partnership cooperation
The Food Avalanche program of the Hungarian Food Bank Association and the Syngenta received the first prize in the category of the most successful partnerships at the Social Investment Awards...
Read moreThe Pécsi Cuvée and the Szekszárdi Bull's Blood have become the wines of the University of Pécs
The 2014 vintage “Pécsi cuvée” white wine of the Batthyány Cellar and the 2012 vintage ” Tüke Szekszárdi Bull's Blood” red wine of the Eszterbauer Kft. won this year's competition...
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Eight trucks of milk and four trucks of sugar were seized by the NAV
According to the data gathered so far the members of chain of groups cheated more than 700 million HUF VAT with trading milk, sugar and cooking oil. The finance officers...
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Heineken continues its expansion in India
Heineken has acquired a 3.21-percent share for USD 138 million in Indian company United Breweries Ltd. This brewery is the manufacturer of Kingfisher. The group now owns 42 percent of...
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Grocery retail in top form
In the December 2014-May 2015 period grocery retail sales amounted to HUF 750 billion in the 90 categories audited by Nielsen. In value sales were 4 percent higher than in...
Read moreMagazine: What we are proud of
Cserszegi Fűszeres Made using reductive technology, this is a fragrant wine with characteristics similar to those made from Irsai Olivér grapes. A spicy, light and elegant wine, with harmonic acidity....
Read moreHungarian pork exports continue to grow in China
The Certification and Accreditation Administration of the People's Republic of China gave permission for another two Hungarian companies to deliver pork to China. The two companies are the Pick Szeged...
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The Nébih tested special salts
The National Food Chain Safety Office (Nébih) tested special salts – for example, iodinated, fluorinated or reduced sodium content salts. As the result of the investigation public proceedings were initated...
Read moreGfK: the mobile internet is spreading rapidly
Internet usage on phone or tablet is increasingly shifting towards mobile internet technology; Last year, 23 percent of users have used most of this modality, and the stationary wifi hotspots...
Read moreIncreasing Purchasing Managers' Index
The seasonally adjusted value of the Purchasing Managers' Index (PMI) was 55.8 points in September, 4.8 percentage points higher than in August. The respondents evaluated the economic processes more favorable...
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Consumer protection fines may decrease if the company is trying to comply with the law
The Competition Authority (GVH) can soften the fines in consumer protection cases, if the business justify its substantive efforts to ensure regulatory compliance – the Hungarian Competition Authority (GVH) on...
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