Market News

Kardeván Endre: the Hungarian product regulation was necessary

There was a need and demand for the Hungarian product regulation and the associated marking system in Hungary, which can eliminate the still existing chaotic food labeling – Kardeván Endre...

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The trade professionals expect more governmental help

It is impossible to replace all cash machines until 30 June – Vámos György, General Secretary of the National Retail Federation (OKSZ) told. The industry expects the Ministry of National...

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Losses and unused facilities at pig farmers

The Tolna county farmers have 10-12 HUF per kilogram losses on the sales of live pigs, and due to the decreases of stocks EU supported facilities remain unused – the...

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The 1st of May is not the celebration of cash machine replacement

The first important deadline has expired, but the first online cash registers cannot be purchased from Wednesday yet. According to the Minister of State responsible for the cash register replacements,...

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The Romanian government would place Romania’s miccs sausage under protection against the blacklist of the EU

The Romanian government would place the miccs sausage under protection as a national dish. In opposite case, the popular food would be added to the blacklist of the EU from...

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The online cash register will choose a mobile operator on the basis of signal strength

The GSM technology will be the basic for the mobile data communications and industrial SIM chip will be installed to the online cash machines – Brasnyó Péter expert of Mobil...

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The pálinka can be a leading agricultural product

The Hungarian pálinka can become a leading agricultural product and a worldwide brand in the next ten years. Experts are examining the necessary conditions to reach this goal – V....

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Garage fairs are spreading in Hungary

More and more people are organizing garage fairs during the weekends, where the unwanted household objects can find new owners. This form of trading was spontaneously took root in Budapest,...

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The first cash register system for the new tobacco shops is ready

The ProgAdat Kft. developed a cash register system that meets the requirements of the new tobacco regulation. The ProgAdat Kft. is the member of the Laurel Group, which developed the...

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A research program started in Szeged for the dietary utilization of triticale

A research program was launched in Szeged for the dietary utilization of triticale funded by the European Union. Bóna Lajos, specialists of the Gabonakutató Nonprofit Kft. (Grain Research Nonprofit Ltd.)...

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Hungary's consumer confidence index improved, though it is still low

Hungarian consumers consider their personal financial situation much more favorably forthe next twelve months, than in the survey in first quarter carried out three months ago. As a result Hungary’s...

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Leftover food on the table

Every year residue enough for 200 million people is left on the table in China – The Chinese leadership  and the society promoted fight against the wasting on many fronts....

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IVSZ asks for a new deadline

Despite the grace period, which lasts until 30 June, the Association of Information Technology, Telecommunications and Electronics Companies (IVSZ) is already asking the government to extend the implementation deadline of...

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Hungarian apples, peaches and peppers will also be promoted this year

Promotion campaign will start to promote Hungarian melons, apples, peaches and peppers in 2013. The technical preparatory work has satred in the Ministry of Rural Development (VM) recent days –...

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One-third less barley and peas are expected

The barley and pea crops may be reduced by one-third as the result of the long winter, while the sown area of corn may be 5 percent less nationwide –...

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New shopping center to be built in the city center of Százhalombatta

The third phase of the so-called Main Square project starts in the first week of May in Százhalombatta. A shopping center will be built as the third phase of the...

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Changing of the malls

The modernization of the first generation of shopping centers, and the comformation to the changing consumer needs have become dominant trend among retail real estates – shows the joint analysis...

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Fazekas Sándor: Hungary is a bee superpower

Hungary is a bee superpower, but the stability of the sector can be maintained only with a lot of work and collaboration – Fazekas Sándor Minister of Rural Development said...

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The OKSZ opposes to expand the product range in the tobacco shops but supports the increase of price margins

The National Retail Federation (OKSZ) supports the 10 percent increase of price margins in case of tobacco products but opposes the extension of the range of products which can be...

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IDC: Smartphones overtook traditional phones

The number of smartphone sales overtook the sales of traditional (feature) mobile phones in the first quarter for the first time – shows the quarterly survey of the American International...

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The NGM reviews the exchange deadline of cash registers

The Secretary of State of the Ministry for National Economy (NGM) is confident that they can keep the deadline for the replacement of cash machines. According to Szatmáry Kristóf, the...

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Findings of the GfK Consumer Climate Europe and USA for the first quarter of 201

High unemployment and the continued slowdown in economic growth in the Southern European crisis countries in particular is still hampering economic development in the European Union (EU). While the countries...

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Vámos György: small shops are the losers of the last few years

The commercial consumption in Hungary decreased steadily between 2007 and 2012, it can remain on level this year and a growth can come in 2014 – Vámos György, general secretary...

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Price margin can be ten percent on tobacco products

The law on the reduction of juvenile smoking continues to tighten. Lázár János (Fidesz) submitted his recent amendment on Thursday as an independent MP proposal. In this context, the politician...

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NAV: they could write a hacker book on cash machine frauds

The specialists of NAV have met stunning fraud schemes in the cash registers. This fact largely contributed to the introduction of the new online cash registers that will have electronic...

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Marketing to increase the consumption of pork

Accurate records will be created over the domestic pig population – Horváth István, comissioned Minister told Világgazdaság. A marketing campaign will also be launched to clarify that the consumption of...

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Ladybugs in the shopping center

About 72,000 Ladybugs were released at a U.S. shopping center to fight against aphids — the pesky insects that feed on plants. And some 72,000 ladybugs have found a home...

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Multisense realism is what people are looking for

Part of multisense realism is a new interpretation of light. As I am not a physicist, there is no way to introduce this idea without sounding like a crackpot, but...

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KSH: monthly household expenditure decreased last year

The monthly consumption expenditure of households in Hungary was an average of 65 790 HUF per person last year. This is 2.1 percent lower than in 2011 – states the...

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Food processors: the public health product tax did not reduce the salt and sugar consumption

According to the Association of National Food Processors (ÉFOSZ) the public health product tax did not reduce the salt and sugar consumption Hungarians, whereas the loss of the affected sectors...

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