Market News
Agriculture is considered to be a good debtor
Date: 2014-02-11 12:10:29
The last major agricultural bankruptcy procceding was belonged to the Bábolna-based IKR Zrt. It was carrioed out at the end of November 2013. The company itself requested the initiation of...
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SME investment mood stopped again
Date: 2014-02-11 12:04:08
The investment mood of the domestic SME dropped again. At the moment 58 percebnt of the CEOs are planning some improvements. This seems to break the steadily increasing investment activity....
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Hungarian exports to China may increase further
Date: 2014-02-11 11:40:51
The Chinese-Hungarian Joint Economic Committee held a meeting on Tuesday in Beijing. The committee’s Hungarian co-chairman Szijjártó Péter said that after last year's 10 percent growth Hungarian exports to China...
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The Czech Deputy Prime Minister rejected the criticism of the Polish food producers
Date: 2014-02-11 10:58:59
Andrej Babis Czech Deputy Prime Minister called the criticism of the Polish food producers pointless. The Polish food producers said that the owner of Agrofert holding and the Minister of...
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The Chairmanship of the EU-Chambers of Commerce in Hungary has been taken over by the Swedish Chamber of Commerce
Date: 2014-02-11 10:26:42
The Chairmanship of the EU-Chambers of Commerce in Hungary has been taken over by the Swedish Chamber of Commerce in Hungary as of January 1st 2014. Mr. János Takács, President...
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Hilton opens at least one hundred and twenty new hotels in China
Date: 2014-02-11 08:40:46
The Hilton Hotel chain plans to open at least 120 new hotels in China over the next three to four years – the Chinese media quotes Martin Rinck the chief...
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Conference on operating and safety of the cash registers
Date: 2014-02-10 12:40:08
One can order another cash registers instead of the cash registers with revoked permission until 16 February. But to gain the 50 thousand HUF support, the cash register should be...
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The beet growers' association is dissatisfied with the price quotation of the Magyar Cukor Zrt.
Date: 2014-02-10 12:00:31
The sugar beet producers are dissatisfied with the offered guaranteed purchase price of 30.09 euros per tonne – the National Association of Beet Growers (CTOSZ) told MTI. Kelemen István, general...
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VHT: the swine sector is the loser of the EU accession
Date: 2014-02-10 11:54:08
The Presidency of the Livestock and Meat Marketing Board and Interprofessional Organisation (VHT) oganized a year opening press conference to present the programs of 2014, especially to present some of...
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More and more wine is consumed in China
Date: 2014-02-10 11:02:49
Wine consumption increases significantly in China, where wine can suppress the traditionally popular national alcoholic drinks as well. According to the of January report of the Vinexpo trade association, China...
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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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