Market News
Only 10 percent of Hungarians drink wine daily
Date: 2014-01-03 13:00:22
Today, only 10 percent of Hungarians consider themselves as regular daily wine consumers, while 10 years ago this figure was 19.1 percent – the recent survey of Varga Winery shows....
Read more
Bisnode: the bill payment discipline of the companies improved in 2013
Date: 2014-01-03 12:25:56
Bill payment discipline improved in 2013 among the Hungarian companies. Currently they pay 62 percent of their bills on time, while a year earlier the rate was only 56 percent...
Read more
Cash registers – NGM: the official price of data transfer is lower than the market price
Date: 2014-01-03 12:21:09
The official price of data transfer announced on the online cash registers is lower than the market price – the Ministry of National Economy (MNE) told MTI on Thursday. According...
Read more
According to the Hungarian entrepreneurs, the way out is collaboration
Date: 2014-01-03 12:20:44
The National Association of Entrepreneurs and Employers (VOSZ), the Üzleti Klinika (Business Clinic) and the Nagykermarketing (Wholesale Marketing) carried out a survey in November 2013, with the involvement of 6300...
Read more
Trips organized to product presentations is notifiable from January
Date: 2014-01-03 12:17:17
The dealer is required to report trips organized with the aim of product distributions from January – the government decree was published on Monday in the Magyar Közlöny (Hungarian Official...
Read more
Pintér István: the consumer protection authority performed well last year
Date: 2014-01-03 12:15:41
The National Consumer Protection Authority (NFH) was able to carry out all of the necessary checks in all sectors this year – Pintér István, the Director of the National Consumer...
Read more
The NAV checks postal packages containing tobacco products
Date: 2014-01-03 12:01:27
According to the communication of the National Tax and Customs Administration (NAV), the finance officers of NAV have seized more than one and a half tons of untaxed tobacco products...
Read more
Paper product sales speed up in the holiday season
Date: 2014-01-03 09:47:40
Despite the protracted recession the household hygiene paper products market stagnates and value sales are growing a bit. Réka Nagy, marketing manager with SCA Hygiene Products Kft. told Trade magazin...
Read more
Vámos György: increase occured in trade this year
Date: 2013-12-29 12:00:58
According to Vámos György, 2013 brought a turnaround in trade. A smaller expansion started in the industry, but the Secretary-General of the National Retail Federation (OKSZ) does not expect a...
Read more
OKSZ: retail sales in December may expand by 2 percent
Date: 2013-12-27 13:00:09
Retail sales in December may expand with a greater extent, than it was predicted in the previous forecast. It may expand by up to 2 percent, compared to the previous...
Read more
Four hundred tons of Hortobágyi fish were sold in December
Date: 2013-12-27 12:00:57
The Hortobágyi Halgazdaság Zrt. sold four hundred tons of fish in December – Lupsán Róbert CEO informed MTI. Traditionally, most of the fish is sold in December. Domestic consumers purchase...
Read more
Less companies were founded with much less capital
Date: 2013-12-27 11:52:49
This year until the end of November, a total of 29,224 firms have started to operate in Hungary, almost two thousand less than in the first eleven months of last...
Read more
Growing demand for branded products in the praline market
Date: 2013-12-27 10:26:04
Half of Hungarian households purchased some kind of praline in January-September 2013. The number of buyers has been rather stable in the last few years. In the first nine months...
Read more
Six major department store chains can change to online cash registers
Date: 2013-12-20 12:32:14
The Hungarian chains have achived great steps to meet the requirements of the terms of the wiring of the online cash registers. The approval process of further six online cash...
Read more
The turnover of nonprescription products related to the digestive system grew by five percent
Date: 2013-12-20 12:10:53
The retail sales of nonprescription products related to the digestive system (gastroenterology), between November 2012 and October 2013 increased by 12 billion HUF, which is five percent increase, compared with...
Read more
Agricultural statistics to be renewed
Date: 2013-12-20 12:00:12
From January, a modern unified agricultural statistical online information system replaces the former paper-based one. The new system works in coordination with the Piaci Árinformációs Rendszerrel (PÁIR) Market Price Information...
Read more
Half of the consumed fish is imported
Date: 2013-12-20 11:59:25
The per capita fish consumption in Hungary has reached 4 kilogrammes. Half of this amount comes from imports – Kardeván Endre, Chief Veterinarian, Minister of State of the Ministry of...
Read more
EU slap to the Hungarian VAT Act
Date: 2013-12-20 11:58:10
The European Court of Justice told on Thursday in its judgment, that the Hungarian VAT act, regulating the conditions of the tax exemption of the export sales is contrary to...
Read more
Most Hungarian brands are successful by chance
Date: 2013-12-20 11:26:09
Hungarian brand owners are often proud of their positions in various rankings, but in many cases the excellent performance isn’t the result of conscious brand building. Few Hungarian firms start...
Read more
GKI-Erste economic sentiment index at its decade peak
Date: 2013-12-20 10:05:17
In December the GKI-Erste economic sentiment index adjusted for seasonal effects continued its spectacular rise, after doing similarly almost constantly throughout the year. According to the empirical survey conducted by...
Read more
The business confidence of the Hungarian entrepreneurs has increased towards the international and domestic economy
Date: 2013-12-19 12:22:35
Hungarian CEOs are more optimistic than the international and regional average. Domestic companies are evaluating the international and Hungarian economic situation more and more positively. They place a great emphasis...
Read more
VM: frozen sea fish to be to be controlled nationwide
Date: 2013-12-19 12:02:09
Fazekas Sándor Minister for Rural Development ordered the controls of frozen sea fish across the country – the Ministry of Rural Development (VM) told MTI. The inspectors will check the...
Read more
The tobacco retail concession tender has been published
Date: 2013-12-19 12:01:09
The public concession tender has been published over the tobacco selling entitlement in 992 settlements – the ND Nonprofit Zrt. announced. The deadline for the submission of the applications is...
Read more
The Dairy Product Board has not changed its basic price projections
Date: 2013-12-19 11:59:06
The presidency of the Dairy Product Board has not changed its basic price projections. The projection for the annual average price for the basic price is still 99 forints per...
Read more
Shops will close in early 2014 only as a last resort
Date: 2013-12-18 12:20:00
It is not expected, that shops will be closed at the beginning of the year, due to lack of online cash registers. Vágújhelyi Ferenc, IT vice president of NAV told...
Read more
The energy-conscious companies’ savings can be spent on invest
Date: 2013-12-18 12:03:09
For the third of the Hungarian economy participants energy awareness is not an integral part of the in the corporate culture – the survey of MVM Partner Zrt. shows. According...
Read more
We know it is counterfeited but we buy it
Date: 2013-12-18 12:01:27
The latest survey of brands.hu reveals that in the wardobes of men the ratio of branded products is higher than in the wardrobes of women. The latest survey of brands.hu...
Read more
Research on the most popular domestic games
Date: 2013-12-18 12:00:11
The Formatex has carried out its Family Playing Great research, which presents the most popular playing habits and most popular game types of the domestic families. The survey aims to...
Read more
The growth rate of luxury spendings declined in China
Date: 2013-12-18 11:00:31
The growth rate of luxury spendings declined to such depths, have not seen for more than a decade in China, because the wealthy Chinese are increasingly buying luxury goods abroad...
Read more
Hungary performing better than EU average in many areas
Date: 2013-12-18 10:40:44
Central Europe has been successfully renewed and has a competitive economy, making it is a good destination for foreign investors, Prime Minister Viktor Orbán said in a lecture held at...
Read more
