Market News
Bisnode: fewer new companies have founded, but less companies have became insolvent in the first half of the year
Date: 2013-07-31 13:10:21
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 –...
Read more
Shopkeepers expect more trickery
Date: 2013-07-31 13:00:09
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...
Read more
Good quality grape harvest is expected in Tokaj-Hegyalja
Date: 2013-07-31 12:50:47
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...
Read more
Magazine: Mom, please buy that one!
Date: 2013-07-31 12:41:04
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...
Read more
The referenda initiative aimed at restricting tobacco sales has been rejected
Date: 2013-07-31 12:35:59
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...
Read more
A weird disease healed by creamcheese
Date: 2013-07-31 10:07:46
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...
Read more
Magazine: The most successful MagyarBrand-s of last year
Date: 2013-07-30 11:45:39
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...
Read more
The authority suspended the distribution rights of two tobacco shop
Date: 2013-07-30 11:40:45
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...
Read more
The OKSZ urges the NAV registration
Date: 2013-07-30 11:40:31
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...
Read more
The Agricultural Széchenyi Card will ease the financing of agriculture
Date: 2013-07-30 11:10:35
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...
Read more
VAT on bread to be reduced in Romania
Date: 2013-07-30 11:00:49
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...
Read more
The economic sentiment indicator of the euro zone rose in July
Date: 2013-07-30 11:00:40
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...
Read more
The first laboratory bred meat stuffed burgers will be tasted this week
Date: 2013-07-30 10:55:12
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...
Read more
Wine Communities: A better than average grape harvest this year
Date: 2013-07-29 12:10:10
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...
Read more
Six HUF loss occurs per egg
Date: 2013-07-29 12:05:23
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...
Read more
Magazine: New formats and initiatives from Chicago
Date: 2013-07-29 12:02:42
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...
Read more
HGYSZ: pharmacies are in a competitive disadvantage, compared to the drugstores and the hypermarkets
Date: 2013-07-29 12:01:31
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....
Read more
The NAV has carried out more than 12 thousand pálinka inspections
Date: 2013-07-29 12:00:36
The finance guards of the National Tax and Customs Administration (NAV) have carried out more than 12 thousand pálinka inspections since the beginning of the year. The staff of the...
Read more
GKI-Erste economic index stagnated in July
Date: 2013-07-29 11:55:46
The seasonally adjusted value of the GKI-Erste economic index in July stayed on the level of May. According to the GKI Economic Research Co., in the business sector a minimal...
Read more
90 percent of the winter wheat is already harvested in Vas county
Date: 2013-07-29 11:22:03
More than 90 percent of winter wheat is already harvested in Vas county, the average yield per hectare is more than 4.6 tons, compared to last year’s 4 tons –...
Read more
The tobacco processing industry in Debrecen to be revived with EU support
Date: 2013-07-29 11:20:41
With the more than 2.5 billion HUF investment of the Róna Dohányfeldolgozó Kft., the tobacco processing industry in Debrecen to be revived. The company won 322.5 million HUF from the...
Read more
Luxury petfood: 40 dollar sushi-rolls for the cat
Date: 2013-07-29 08:09:18
Store employees could not believe their eye after the store sold out their super expensive sushi rolls for cats in under an hour, according to a statement released by the...
Read more
New form of advertisement: women's thighs
Date: 2013-07-29 08:00:48
A PR agent in Tokyo is trying to get attention in the advert-saturated capital by placing adverts on young women's thighs. Participants, who must be over 18, are recommended to...
Read more
Cash Machines: according to the OKSZ, the price war for the dealers’ 40 billion HUF is delaying
Date: 2013-07-26 12:10:51
The replacement of the traditional cash registers can cost more than 40 billion HUF to the retailers. According to the National Retail Federation (OKSZ) the cash register vendors’ interest is...
Read more
Transactions fees increase from 1st August
Date: 2013-07-26 12:03:20
The transactions duty on electronic transfers will increase to 0.3 percent from 0.2 percent and the duty on cash withdrawals to 0.6 percent from 0.3 percent from 1st August this...
Read more
Mobile and smartphone sales increased further in the second quarter
Date: 2013-07-26 12:00:55
The global market growth rate of mobile phone and smartphone sales continued to accelerate in the second quarter – the International Data Corporation (IDC) U.S. IT and telecommunications market research...
Read more
The government creates an agricultural research network
Date: 2013-07-26 11:59:52
The government decided to create an integrated agricultural research network. The government's decision was published in the Magyar Közlöny (Hungarian Official Gazette). The network will include the Szeged-based Gabonakutató Nonprofit...
Read more
NÉBIH: the flooding of the River Danube caused 2.3 billion HUF damage to the farmers
Date: 2013-07-26 11:20:31
According to the aggregate datas of the the National Food Chain Safety Office (NÉBIH), the Danube flood in June caused damages to 565 producers in a value of 2.3 billion...
Read more
The third of the bottled pestos have unacceptable quality in Germany
Date: 2013-07-26 11:10:22
The consumer protection controls in Germany found out, that one-third of the bottled suitable quality pestos have unacceptable quality. There were brands that were contaminated with bacterias, had bad taste...
Read more
Vegan supermarket in Vienna
Date: 2013-07-26 09:40:39
Vegans in Vienna are now able to enjoy a supermarket whose grocery and other products caters exclusively to their dietary needs. With vegan bakeries, cafes and restaurants already well-established, the...
Read more
