Market News
Russian embargo: The EU can mobilize non-agricultural sources
Date: 2014-09-08 11:40:45
Because the European Russian import ban’s affects are not from agricultural sources, the European Union considers to mobilize in order to mitigate the effects – Maurizio Marina, Italian Minister of...
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THe ULT Magyarország Zrt. is starting the purchasing of tobacco
Date: 2014-09-08 11:30:50
ULT Magyarország Zrt. begins to purchase tobacco on 8 September – the CEO of the Nyíregyháza subsidiary of the U.S. Universal Corporation told MTI. Bittner Imre told that the company...
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Canned food is undergoing a stylistic change
Date: 2014-09-08 09:45:29
Retail sales of canned food haven’t changed for years. The reasons: a growing selection of fresh products in modern retail channels and a change in consumption habits. Convenience, practicality and...
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Only one fifth of this year’s wheat harvest originates from controlled, metal sealed seeds
Date: 2014-09-08 07:30:30
Official data prove that metal sealed seeds were sown only on 20 percent of Hungary’s agricultural land this year – this average is 50 percent in Western Europe. László Szilágyi,...
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The purchase price of wheat decreased, while the price of baerley increased in August
Date: 2014-09-05 11:35:25
The Magro Grain Index (MGX) showing the joint price movement of the Hungarian grains remained stable in August compared to the previous month. It is on 10,140.6 points at the...
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To possess or to enjoy? Social economy 2.0
Date: 2014-09-05 11:30:34
The broadband Internet has extended the opportunity to share our possessions with others or borrow objects, devices which we do not have ownership, but we need to use. Today, well...
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The NAV found boxes of tobacco and hidden cash registers
Date: 2014-09-05 11:15:10
A company did not pay the 217 million HUF excise tax after tobacco to be processed. The financial officers of the NAV found nearly 17.5 tonnes of cut tobacco, and...
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The meeting of historical traditions and modern business success at the Múltidéző Piactér
Date: 2014-09-05 11:03:36
In the first weekend of September, the Budapest Chamber of Commerce and Industry (BKIK) organized a free, three-day family festival – along with the innovators of the SzeptEmber Feszt –...
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Baidu presented smart chopsticks
Date: 2014-09-05 11:00:31
China's biggest search engine may have an ingenious way of helping consumers avoid food poisoning and tainted water while also improving their diets. Baidu, like its Silicon Valley counterpart Google,...
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Magazine: Which direction is the wheat market taking?
Date: 2014-09-05 10:22:28
Unfortunately heavy rains hit the wheat in the fields at the worse time possible, just before harvest started, in many parts of the country. Wet weather seems to have done...
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NESCAFÉ: building on innovation
Date: 2014-09-05 08:55:17
NESCAFÉ’s history has been one of innovation as well ever since the company’s beginnings. Their instant coffee debuted in 1938 and became the world’s most popular coffee brand and the...
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More commercials, more coffee sold
Date: 2014-09-05 08:49:45
Coffee retail sales reached HUF 26 billion in the December 2013-May 2014 period. Value sales grew 4 percent and volume sales rose 2 percent. Coffee is the 5th biggest-turnover grocery...
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The KSH has confirmed a GDP growth of 3.9 percent in the second quarter
Date: 2014-09-04 11:42:21
The gross domestic product (GDP) grew by 3.9 percent in the second quarter, compared to the previous quarter growth of the economy was 0.8 percent, according to seasonally adjusted datas...
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On the spot invoicing
Date: 2014-09-04 09:03:25
– ProgAdat’s wholesale system supports inventory management and it is capable of managing excise-duty goods and monitoring expiration dates. The new features of the system are dynamic invoicing and stock...
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KSH: retail sales in July rose by 2.3 percent
Date: 2014-09-03 12:20:48
The volume of retail sales increased by 2.3 percent in July both according to the calendary adjusted and the raw datas – the Central Statistical Office (KSH) announced on Wednesday....
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Retail sales declined in the EU
Date: 2014-09-03 12:00:18
On a monthly basis, the retail sales in the 28 member European Union (EU) declined by 0.4 percent in July, in the euro zone that ha 18 member states the...
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Every year the vendors have to check the cash registers: the responsibility of traders has increased
Date: 2014-09-03 11:55:29
To operate online retailers cash registers bgrought a number of changes in the life of the traders. This not only applies to daily use, but the maintenance, service rules. We...
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No receipt, you’ll be fined
Date: 2014-09-03 11:32:12
The series of actions of the National Tax and Customs Authority’s to be continued in the Asian malls. The staff of NAV returned to two previously inspected Asian malls last...
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China is the world leader in the number of brands
Date: 2014-09-03 11:08:15
The number of Chines brands is 7.61 million. It is a world record. But experts say it does not mean that the Chinese companies are innovative or the Chinese goods...
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The NAV is investigating retrospectively
Date: 2014-09-02 12:20:48
After the expiry of the time limit for the cash register exchange, the traders worried that the NAV not only investigates their current activities on the basis of the cash...
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Online retail sales increased by nearly 30 percent of in the second quarter
Date: 2014-09-02 12:12:23
The turnover of the six biggest online retail sector amounted to 35 billion HUF in the April to June period, 30 percent higher than the year's first quarter – according...
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Nielsen: the sales of antiobesity products without prescription have increased
Date: 2014-09-02 12:10:41
The retail sales of non-prescription antiobesity products increased again, and reached 2.2 billion HUF between July 2013 and June 2014. This is 6 percent more than during the previous twelve...
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Analysts: foreign trade surplus may be lower this year
Date: 2014-09-02 12:01:46
The Central Statistical Office (KSH) significantly corrected the foreign trade balance – according to analysts interviewed by MTI. The analysts agreed that foreign trade surplus may be lower this year....
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NÉBIH: German salmonella eggs did not enter Hungary
Date: 2014-09-02 11:18:21
Hungary has not received salmonella infected eggs from Germany – the National Food Chain Safety Office (NÉBIH) told MTI on Tuesday. According to the news the possibility that Hungary received...
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Magazine: Brave new world
Date: 2014-09-02 10:34:51
A survey conducted in the USA found that 90 percent of 18-29 year olds sleep with their mobiles next to the bed and the average person uses their mobile for...
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Tabula rasa
Date: 2014-09-02 00:11:34
The political decision to grant 60 percent of European Union funding to the SME sector – instead of the previous period’s 16 percent – creates a rare opportunity for the...
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NGM: an important phase in the fight against the black economy has been completed
Date: 2014-09-01 12:10:10
According to the Ministry of National Economy (NGM) after nearly two years of preparation an important phase in the fight against the black economy has been completed. The revenues of...
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2300 companies on the positive consumer list already
Date: 2014-09-01 12:00:04
Already 2300 companies can be found on the positive consumer list that is recognizing the law-abiding businesses – the the Director-General of the National Consumer Protection Authority (NFH) told at...
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Cherry processing will be given support
Date: 2014-09-01 11:59:19
The cherry producers can take non-refundable general support to process the surplus of cherry and for the temporarily withdrawn of the processed cherries from the market and on the basis...
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More attention should be paid to promote the preparation for the sales of fruit
Date: 2014-09-01 11:50:27
Much more attention should be paid to promote the preparation for the sales of fruit in Hungary – Füredi Gábor, executive director of the Hand Trading Ltd. told MTI. The...
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