Market News
Shower gels grow big
Date: 2014-02-10 10:55:07
According to Dorottya Tóth, junior brand manager of Sarantis Hungary Kft., the majority of Hungarian consumers are still very price-sensitive when buying shower gel, therefore economy size products (400ml, 750ml)...
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Chocolate and sugary soft drinks help to detect cancer
Date: 2014-02-10 10:00:21
Scientists have developed a technique that identifies the disease by tracking how sugar is absorbed by the body. Malignant tumours consume much more glucose – a simple sugar – than...
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The trader must report to NAV in case of only incvoicing
Date: 2014-02-07 12:50:34
Those use taxable persons who have complied their obligation by issuing a bill, is mandatory to report to the National Tax Authoritry (NAV). Those who are starting their activities now...
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VM: the pig welfare support to be increased to 8.5 billion HUF
Date: 2014-02-07 12:40:33
The pig welfare support will be increased significantly, to 8.5 billion HUF – Czerván György, Minister of State responsible for agri-management announced at the official opening of the 7th Mangalitsa...
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KSH: export surplus was 7.3 billion euros in 2013
Date: 2014-02-07 12:35:16
In 2013 the export increased by 2.5 percent, while import by 1.8 percent. The foreign trade balance surplus became 7.271 billion euros, 617 million euros more than in 2012 –...
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The Acacia-Coalition initiates the declaration the Hungarian acacia and acacia honey to be Hungaricum
Date: 2014-02-07 12:15:59
The members of the Acacia-Coalition signed a document initiating the declaration the Hungarian acacia and acacia honey to be Hungaricum at the Szent István University (SZIE) in Gödöllő, on Friday....
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British scientists would print groceries from insect flour
Date: 2014-02-07 12:10:54
Dung beetles and ants may represent a solution to the problems of food supply in the future – said British scientists who have developed a special three-dimensional printing process to...
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Magazine: Hungarian FMCG experts abroad (Part 2)
Date: 2014-02-07 10:48:14
Péter Kerekes’ career started at Unilever back in the golden age of marketing, in the middle of the 1990s. Later he moved on to Reckitt Benckiser and then to Dreher,...
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Weekly gas prices: mixed changes
Date: 2014-02-07 10:28:51
After the political changes in the 90’s the Hungarian economy underwent a significant structural change which was characterised by the gradual decline of energy-intensive industries, activities. As a result since...
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Nasa to send seeds to Moon to grow lunar salad
Date: 2014-02-07 10:00:16
It might make a more appetising soup than a salad. Nasa is to send turnip, cress and basil seeds to the Moon in an attempt to grow them. The experiment...
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FAO: a decline in global food prices
Date: 2014-02-06 12:55:47
The average food prices fell globally in January, compared to December 2013 – the Thursday released analysis of the UN Food and Agriculture Organization (FAO) shows. The organization calculates the...
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This is how the online cash registers are manufactured
Date: 2014-02-06 12:50:48
A few journalists could take a glimpse into the manufaturing processes of the online cash registers at the manufacturing bases of the Polish Comp group. Nearly one-third, about 60 thousand...
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The winemakers would like to win on the domestic market
Date: 2014-02-06 12:22:25
Hungary is not on the world wine map – Kiss Eliza, Ministerial Commissioner described the current situation of the Hungarian wineries at the press conference of the National Council of...
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European Commission calls for cooperation against VAT fraud
Date: 2014-02-06 12:20:08
The European Commission calls for closer cooperation with countries outside the EU, in order to curb VAT fraud, so the European Commission turned to the Member States for authorization on...
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The Chinese luxury market will not be given impetus this year
Date: 2014-02-06 11:08:30
Similarly to previous years, the luxury market grows only slightly in China this year, however the Chinese remain the dominant players of the global market – the study of Bain...
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Cégér: the wine label design application was written out again
Date: 2014-02-06 11:05:03
The Cégér – (Trade sign – Design vignette for the good winewine label) competition was announced for the third time. The competition aims to help young graphic artists and winemakers...
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A Chinese city became famous for its fake branded shops
Date: 2014-02-06 10:58:19
A street in Vuhsi, East-China became famous for its fake branded shops, lining up next to each other. The street now serves as a tourist attraction, instead of a shopping...
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Difficult year in agricultural pest and disease control
Date: 2014-02-06 08:52:11
NAK considers the Hungarian Chamber of Agricultural Pest Control Engineers and Plant Pathologists to be a strategic partner. One of the most important areas where the two partners cooperate is...
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On an interest rate rollercoaster
Date: 2014-02-06 08:06:07
According to a forecast by GKI Economic Research Zrt., after last year’s recession this year brings growth just above the stagnation level and growth in 2014 will be around 1.3...
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NGM: retail surtax does not conflict with the EU law
Date: 2014-02-05 15:42:49
According to the Ministry of National Economy (NGM), the decision of the European Court of Justice confirms the Hungarian position that the retail surtax was not a discrimination between various...
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Analysts expect an upturn in retail sales
Date: 2014-02-05 13:10:36
Although last December’s retail sales growth decelerated, after the outstanding increase of November, but analysts polled by MTI expect a further upturn in sales this year. According to the Wednesday...
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We spent an average of 34,700 HUF on Christmas gifts
Date: 2014-02-05 12:45:53
The most popular gifts were clothing, accessories, beauty care products books, games and toys. According to the first-quarter survey of the Cofidis Credit Monitor, Hungarians spent an average of 34,700...
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Special retail tax: the EU decided in the NAV vs. Hervis case
Date: 2014-02-05 12:42:11
The special retail tax on ventures, that are connected to companies, that have their seats in another Member States was considered to be indirect discrimination – the Court of Justice...
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Camera Eye Research reverals our shopping habits
Date: 2014-02-05 12:35:51
Shopping is not an enjoyable pastime, when it is part of the daily routine. Searching after around promotions, compare prices and find the best offer is not as easy as...
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18 percent of the European Agricultural Fund was spent on rural development bewteen 2006-2013
Date: 2014-02-05 12:25:14
18 percent of the European Agricultural Fund for Rural Development (EAFRD), was spent on non-agricultural sectoral rural development bewteen 2006-2013 in the last budgetary period of the EU – V....
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Retail sales decreased in the EU
Date: 2014-02-05 11:15:03
Retail sales declined in the European Union (EU 28) and in the Euro Zone in December 2013, compared to the datas of the previous month – the Eurostat announced. According...
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Michelin-starred food distribution trucks in Paris
Date: 2014-02-05 10:59:22
Marc Veyrat, one of the most creative Michelin-starred French chef launches food trucks in Paris on Thursday: the multi-course healthy organic lunches can be purchased in pre-heated jars, especially in...
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The champagne and sparkling wine market is waiting to be shaken up
Date: 2014-02-05 10:40:26
Ever since the recession period started volume sales in the champagne and sparkling wine market have been lowering. Last year the decline was 9 percent in terms of volume and...
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Snow is good for autumn sowings
Date: 2014-02-05 09:44:15
About 80 percent of the autumn sowings in the country is blanketed with 5 to 30 centimeters snow, creating ideal environment for plants and this is what the farmers have...
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The trade urges harmonisation and a long-term strategy
Date: 2014-02-05 09:16:03
Europe’s Day in Commerce has become one of retail’s most important forums. At the 11 November event not only prizes were awarded but important information was also shared. Minister of...
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