Market News

French wine strength measurements: the Spaniards are lagging behind the U.S. won new positions

The FranceAgriMer (National Office of Agricultural Products) examines the strengths and weaknesses of the wine sector in 15 countries since 1998. On the basis of the FranceAgriMer’s competitive factor, based...

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Magazine: Optimistic mood at ECR Europe’s conference (part 1)

ECR Europe’s 17th annual conference was organised in cooperation with EuroCommerce and took place on 14-15 May in Brusssels. The optimistic title ‘The Future is Bright’ was reflected in the...

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European tourism expanding in the first half year of 2013

“As 2012 was a strong year for tourism, Europe’s modest upward trend confirms the health of its tourism sector against overall economic turmoil,” according to the European Travel Commission. The...

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Bizarr luxury services for pet favourites

Vienna’s Sacher hotel, responsible for the world-famous “Sachertorte” is now targeting a new type of guest…dogs! The hotel, situated behind the state opera in the city's prestigious first district, is...

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Charity “ice-cream factory” for disadvantaged kids

The charity “ice-cream factory” was opened on Thursday in Budapest, in Balatonlelle and in Sárvár; the organizers support the holidays of disadvantaged children from the accumulated income that comes from...

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Fake honey in Northeast China

60-70 percent of the honey in Jinan, which is a north-eastern Chinese city with seven million inhabitants can be fake – according to a local newspaper, the phenomenon is specific...

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Retail sales keep rising in the US

Retail sales probably rose at a faster pace in June and the U.S. housing market strengthened as the economy began to emerge from a slowdown tied to higher taxes and...

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Investment mood is increasing steadily

According to the datas of the K&H SME confidence index conducted by interviewing SME managers, the investment intention of the companies passed the low point, and steadily increasing for a...

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GfK: growing wealth inequality

The ratio of those who have savings still not growing among the domestic population. We measured the lowest ratio since 2004 in the first half of 2013 – GfK Hungária...

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Almost the quarter of the smokers changed their habits due to the tobacco law

13 percent of the smokers think that the tobacco law will affect their smoking habits, while 11 percent of them stated that the tobacco law will have a significant impact...

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The number of accidents can be reduced

90 percent of the traffic accidents happen because of the drivers' carelessness and irresponsibility – KSH’s annual accident statistics show, as well as the experiences of the LeasePlan Hungária Zrt....

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French cheese was recalled in Japan, due to metal fragments

About 60,000 boxes of “Kiri” cheese have been recalled in Japan, after metal fragments were found in the popular brand, its importer said. The fragments, which were visible when customers...

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Ipsos: we are searching for informations on the Internet

According to the international survey of Ipsos, conducted among netizens, we mainly get the requested informations on the Internet, if we want to know more about new brands and products....

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Bisnode: fewer new companies have founded, but less companies have became insolvent in the first half of the year

The first half of 2013 brought an improvement in the Hungarian company world: although a the number of new companies was less, the number of insolvent companies also decreased –...

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Shopkeepers expect more trickery

Tricks may continue after the introduction of the new online cash machines, or at least the shopkeepers interviewed by Index stated. The NAV believes that the number and the value...

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Good quality grape harvest is expected in Tokaj-Hegyalja

Grape growers expect a good quality grape harvest in Tokaj-Hegyalja this year – the Észak-Magyarország wrote on Wednesday. Prácser Miklós, president of the Tokaj Wine Village Community told the newspaper...

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Magazine: Mom, please buy that one!

According to Péter Hellner, regional director of the Walt Disney Company, who is responsible for 13 countries, growth can be achieved even when it is recession time. Licensed products stand...

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The referenda initiative aimed at restricting tobacco sales has been rejected

The National Election Committee (OVB) at its Wednesday meeting in Budapest rejected a referenda initiative aimed at restricting tobacco sales. According to the majority of the board members, the questions...

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A weird disease healed by creamcheese

or three-year-old Fields Taylor, cream cheese is a staple in her diet. Although this type of diet might sound disgusting to many people especially since it is for such a...

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Magazine: The most successful MagyarBrand-s of last year

This is the 4th year that Hungarian brands can compete for the MagyarBrands award, the deadline for applications is 30 June 2013. As usual, a jury of independent experts will...

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The authority suspended the distribution rights of two tobacco shop

Decision was born in two cases already, and nearly forty proceedings are under way, due to serving young people under age 18. In addition to the fines, the suspension of...

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The OKSZ urges the NAV registration

According to the National Retail Federation (OKSZ), the replacement of the traditional cash registers can cost more than 40 billion HUF to the traders. The authorized dealers have started the...

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The Agricultural Széchenyi Card will ease the financing of agriculture

The Agricultural Széchenyi Card makes the funding of the Hungarian agriculture more favorable and stable – Feldman Zsolt, Deputy Secretary of State of the Ministry of Rural Development (VM) responsible...

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VAT on bread to be reduced in Romania

VAT will be reduced in Romania to 9 percent from the current 24 percent from September within the entire bread production chain. The deficit in the budget will be covered...

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The economic sentiment indicator of the euro zone rose in July

The euro area’s and EU’s economic sentiment indicator increased in July and indicates less pessimistic expectations – the EU Commission announced on Tuesday. In the 17-member euro area, the Economic...

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The first laboratory bred meat stuffed burgers will be tasted this week

The first laboratory produced stem cell cultured meat-filled burgers will be served in London this week. Production costs were about 250 thousand pounds, or more than 86 million forints. The...

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Wine Communities: A better than average grape harvest this year

According to the current outlooks, the grape growers and wine makers can harvest more than average quantity and quality of grapes this year – Horváth Csaba, the General Secretary of...

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Six HUF loss occurs per egg

Egg producers had to switch to EU-conform larger cages until the end of July2012, which was due to the animal protection regulations of the EU. The required substantial investments thoroughly...

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Magazine: New formats and initiatives from Chicago

Between 16 and 18 April 2013 POPAI Global’s annual meeting for member countries’ representatives took place in Chicago’s legendary Sax Hotel. The first item on the agenda was a presentation...

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HGYSZ: pharmacies are in a competitive disadvantage, compared to the drugstores and the hypermarkets

Pharmacies have several billion HUF losses, because the range of products that can be marketed in pharmacies is continuously narrowing – the Network Pharmacies Association (HGYSZ) told MTI on Monday....

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