Market News

The toplist of the most bizarre corporate gifts

The global Regus survey, which quizzed 26,000 respondents from over 90 countries about the strangest corporate gifts that they have ever received, found bizarre items such as coffin, sandbags, breathalyser,...

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Strategic partnership between the government and the logistics profession

The Ministry of National Development (MFM) and the Logistics Coordination Forum (LEF) that represents the entire Hungarian logistics profession signed a strategic partnership agreement on 11 July 2013. The purpose...

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Hungarians hardly consume the healthy sheep meat

The sheep population continue to grow this year. Due to the impact of the supports given to the sector the breeding mood somewhat increased – Hajduk Péter executive director of...

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KSH: a slowdown in the rise of agricultural prices

The producer price of agricultural products was 9.2 percent higher in May, compared to a year earlier, after the 11.5 percent increase of April – the Central Statistical Office (KSH)...

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OKSZ: The price of online cash registers can be 150-200 thousand HUF

According to the National Retail Federation (OKSZ) The price of traditional kind of online cash registers can be 150-200 thousand HUF. The Hungarian Trade Licensing Office approved three types of...

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The aggrieved demanding the annulment of the tobacco shop concessions

The Movement of Tobacco Shop Tender Aggrieved demand the destruction of the result of tobacco shop applications and a new tender. The Movement’s representative gave twenty thousand signatures supporting the...

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Most of the Pannon Wines came from in Villány

In the last five years, the most of the wines with Pannon wine region marks were marketed in the Villány wine region. From the four wine regions of the region,...

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Hungary will be at the forefront in the restriction of the trans fatty acid content of food products

If the regulation on trans fatty acids in food products comes into force in the autumn, Hungary will be the third country within the European Union, where this harmful ingredient...

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The wine culture in Békéscsaba to be revived

The local wine culture in Békéscsaba to be revived; the city established two hectares of wineyards with 9 thousand grapevines. In 2010, the local government of the city decided to...

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KSH: inflation in June was 1.9 percent

The annual consumer price inflation rate, accelerated to 1.9 percent in June, from the 1.8 percent of May. Compared to May, consumer prices rose by 0.2 percent – the Central...

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The world’s grain harvest may break a record

The world’s grain harvest in the 2013-14 season will increase by 7.2 percent and will reach a record 2.479 billion tons – the FAO estimates in its report released on...

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The tobacconists to sell alcohol at night

In several districts of Budapest it is prohibited to sell alcohol after 10 pm. However, this regulation does not apply to the national tobacco shops. Formerly the National Assembly excluded...

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GfK: every fifth bank customer uses online banking services

The use of online banking is considered as advanced in Hungary – one in five bank customers use online banking services – but in comparision, Hungary is lagging behind the...

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New EU regulations on cosmetics

The New EU regulations on cosmetics adopted by the EU in 2009, came into force on Thursday. The new policy aims to make the cosmetic products from toothpaste to sunscreen...

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The manufacturers of milk powder under investigation reduce their prices in China

The world's largest milk formula manufacturer, the U.S. Mead Johnson Nutrition announced a price reduction in the Chinese market, after the Chinese authorities initated proccess against foreign manufacturers and distributors...

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Samurai principles and methods in 21st-century company management

The latest event in the Career and Style series bore the above title and was held on Margaret Island on 13 May. The first presentation of the conference was by...

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Not only Hungarian tourists are visiting Hévíz

With the re-creation of the direct flights between the two countries, the number of tourists from China to Hungary would significant increase – Xiao Tsien China's ambassador said in Budapest....

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The chains said no for the unified melon prices

The supermarket chains said no for the unified melon prices at the meeting of the Ministry of Rural Development, the producers and the supermarket chains – Népszabadság was informed by...

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Cofidis: loaning openness has increased, but still low

According to the second quarter survey of the Cofidis Credit Monitor, the ratio of new borrowers is still low, although the loaning openness has increased, it is still low. The...

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The government has to decide: new toll or expensive food

Almost the only option for reducing food prices if the participants of the food chain will be exempted from the payment of the increased toll. In spite of low inflation,...

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OVB: referendum may be held on the price margin of tobacco products

A referendum may be held on the price margin of tobacco products, after the National Election Committee (OVB) endorsed the initiative at its Wednesday session. Under the proposal the statutory...

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The losses of the pig sector increases further due to the e-toll

The introduction of e-toll increases the costs of pig transportation by 20-30 percent, which will increase the sector's losses further, as the farmers are not able to pass it on...

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Nébih seized unmarked and illegally frozen meat

The National Food Chain Safety Office (Nébih) seized about 1.4 tonnes of unmarked and illegally ie. locally frozen meat products in Nagykanizsa – the Nébih informed MTI on Wednesday. During...

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Meatless fast food restaurants are catching in

McDonald's, known worldwide as the “standard-bearer of the hamburger,” will be opening its first two vegetarian restaurants in India in 2013, BBC reports. The fast food giant will be setting...

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Price is one of the most important matter for 54 percent of the Hungarian customers

When Hungarians are purchasing, 54 percent of them considers the price as the most important aspect. This rate is slightly lower than the European average of 65 percent. 46 percent...

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OKSZ: small grocery stores in the shadow of bankruptcy

Several thousands of grocery stores can bankrupt in small communities after the opening of the tobacco shops. On the declining food market, the smallest loss of sales could be fatal...

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The honeydew melon was harvested before the watermelon

The domestic green flesh honeydew melon is available at the markets. As in previous years it has a higher producer price than the yellow honeydew melon – the Agricultural Economics...

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The NAV is counting the traffic

The National Tax and Customs Administration (NAV) carried out traffic counting at taxpayers in Baranya county. It appeared that they concealed an average of 60 percent of their income –...

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Analysts: trade surplus in May became smaller than expected

The trade surplus in May became smaller than the expectations of the analysts, but experts believe that the decline in the balance will be temporary. According to the datas of...

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A scone-record will be attempted in Zánka

A Scone-record will be attempted in Zánka: they plan to fry the world's biggest scone. Its diameter will exceed 210 centimeters. The current Guinness record for a scone is 12.7...

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