Market News
China Mobile is China's most valuable brand this year
Date: 2013-07-23 11:00:04
China Mobile is the most valuable brand this year in China again – among the Top 200 Chinese companies, the proportion of private companies is higher than the state-owned companies...
Read more
Businesses forecast more revenues and profits
Date: 2013-07-22 12:45:00
The revenues and profit expectations of the domestic SME managers for the forthcoming year show an increase over the previous quarter. Businesses forecast a close to 5 percent sales in...
Read more
Memory cards can be installed into the cash registers without royalties
Date: 2013-07-22 12:40:00
Memory cards installed into the cash registers will be exempted from royalties – the Ministry and the Artisjus took a commitment. But nobody will automatically receive the exemption so it...
Read more
KAVOSZ: the interest subsidies on the Agricultural Széchenyi Card has doubled
Date: 2013-07-22 12:10:17
The Ministry of Rural Development raised the interest subsidies on the Agricultural Széchenyi Card from the former two percent to four percent – from their own financial resources – the...
Read more
British Tesco head expects increasing food prices
Date: 2013-07-22 12:02:05
The demand increases, therefore food will become more expensive – Philip Clarke the CEO of Tesco says. The majority of British people are willing to pay more, but only to...
Read more
The Coca-Cola and WWF to expand their global cooperation
Date: 2013-07-22 12:00:29
The Coca-Cola Company and the World Wildlife Fund (WWF) today announced the expansion of global cooperation to set ambitious new targets to global environmental protection work together to promote sustainable...
Read more
Bee mortality: the use of fipronil was already tightened in Hungary
Date: 2013-07-22 11:14:20
The National Food Chain Safety Office (Nébih) – as a pesticide licensing authority – tightened the use of fipronil because of its danger on bees and from 31 August 2008...
Read more
Nielsen survey: Retailers and suppliers, expectations and satisfaction
Date: 2013-07-19 12:40:04
The suppliers of the trading companies consider the most important matter to deliver the ordered goods on time and in full. Right after this, the total profitability of the collaboration...
Read more
Half of the wheat is harvested, yield is 25-30 percent more than in the last year
Date: 2013-07-19 12:23:53
The crop has been harvested from half of the wheat-growing area. The yield per hectare is around 4.6 tons so far, it is more than 25-30 percent more than the...
Read more
VM: Hungarian agriculture is on world-class level in many areas
Date: 2013-07-19 12:21:17
Hungary’s performance is on world-class level in several areas of agriculture – the Ministry of Rural Development (VM) announced on Friday, on the basis of the compilation of the Agricultural...
Read more
The promotion of Hungarian melon has been launched
Date: 2013-07-19 12:20:49
The promotion of Hungarian melon has begun in a CBA shop in Budapest on Friday, where the customers could buy the fruit on a 125 HUF per kilo price. Budai...
Read more
Telenor entered to the market of online cash registers
Date: 2013-07-19 12:20:21
Telenor enters to the market of online cash registers. They are ready to transport large quantities of SIM chips quickly. These chips create constant data connections between the cash registers...
Read more
Sunday opening hours and restaurant VAT cut in Greece
Date: 2013-07-19 11:00:53
The Greek government fights to reach a boom in the Greek economy: the restaurant operators were glad after week's bill about reducing the VAT on restaurants, however, the idea of...
Read more
Four wheels in large numbers
Date: 2013-07-19 10:33:21
Péter Erdélyi, the president of the Hungarian Vehicle Importers Association told Trade magazin that already one car can qualify as a fleet. Company cars are better be grouped based on...
Read more
If no horse, donkey will do it, too
Date: 2013-07-19 08:59:15
Romanian authorities, initiated an investigation against three Romanian men who sold donkey meat as beef. According to the communication of the police of Constanta county, South-East Romania, three men stole...
Read more
The market of organic fruits is virtually limitless
Date: 2013-07-18 12:20:32
Organic farming takes place in Hungary currently on about 124 thousand hectares. 80 percent of the area has been reclassified as suitable land for organic farming, the reclassification of the...
Read more
Varga: the government would accelerate the exchange of the cash registers
Date: 2013-07-18 12:11:34
The government is ready to accelerate the manufacturing and distribution process in the replacement of cash machines, so negotiations have started with the affected – Varga Mihály, the Minister of...
Read more
The consumer protection authority intensify checks on tobacco shops
Date: 2013-07-18 12:10:21
The National Consumer Protection Authority (NFH) examines that are people served with tobacco product under the age of 18 in the national tobacco stores. The authority in its communication sent...
Read more
The Hungarikum club has been established
Date: 2013-07-18 12:00:41
Fazekas Sándor Rural Development, president of the Hungarikum Committee at the press conference following the meeting stressed, that the aim of the club is to create a forum, where the...
Read more
The market in Gyula was renewed with the help of the Farm Development Program
Date: 2013-07-18 11:02:56
The markets that are selling locally manufactured products have raison d'etre in Hungary, because it is important for the communities again, to obtain locally produced agricultural products and good quality...
Read more
Half of the wheat for the Bread of the Hungarians will be provided by the agricultural chamber
Date: 2013-07-18 11:00:30
Half of the planned 50 tons of wheat will be provided by the National Agricultural Chamber (NAK) for this year's Bread of the Hungarians charity action. The NAK in its...
Read more
The major part of the domestic melons will be sold in Hungary
Date: 2013-07-17 12:30:48
This year’s domestic melon promotional campaign will be launched on Friday at the CBA Corvin Shopping Centre. The Ministry of Rural Development has been working together with the chain of...
Read more
More than seven hundred grant applications were rejected
Date: 2013-07-17 12:25:23
According to informations of NAV, 6794 applications were received until 4 July. The authorities had to reject more than seven hundred grant applications because of errors, so the NAV encourages...
Read more
Ministry of Rural Development: there will be enough food and feed grains in the country this year
Date: 2013-07-17 12:20:16
The domestic cereal harvest will be plentiful this year and it will cover the country's needs of food and feed. From wheat and barley, the significant quantities will be enough...
Read more
GfK: expanding refrigerators sales on stagnating prices
Date: 2013-07-17 12:10:58
The sales of refrigerators increases beside stagnant prices: during the summer months the demand for large household appliances has expanded, so the main season (July-August) has promising prospects – the...
Read more
The debate on the cooperative law will last until the end of the month
Date: 2013-07-17 11:55:58
The Fidesz has sent the draft of the new cooperative law to a public debate, that will last until the end of July. The aim of the law that was...
Read more
What Helps Organic Soils Store More Carbon?
Date: 2013-07-17 09:09:37
Boosters of organic food often say the practice, which rejects synthetic fertilizers and pesticides, is a good method for curbing climate change because it stores more carbon in the soil....
Read more
Retail: 660 billion HUF revenues from food in half year
Date: 2013-07-16 13:00:57
The retail trade turnover has remained stable in Nielsen’s continuously measured 90 food categories between December 2012 and May 2013, compared to the previous similar period. During the period, the...
Read more
Coface: The meat industry’s situation is worse than the average
Date: 2013-07-16 12:12:23
The Hungarian meat industry is facing serious problems, including especially the pig industry, which has a worse than average risk rating in term of credit insurance – shows the fresh...
Read more
Ipsos F&F: How much coffee do young people drink these days?
Date: 2013-07-16 12:10:52
The quarter of young people are drinking a cup of coffee every day, a third of them can be considered as regular coffee consumers (at least 2-3 coffees per day)....
Read more
