Market News
Analysts: better-than-expected increase in industrial production and foreign trade surplus in April
Date: 2013-06-07 12:00:55
According to analysts surveyed by MTI, the industrial production expanded stronger than expected and foreign trade indicators also improved. According to the preliminary datas of the Central Statistical Office (KSH)...
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Never seen separate waste collection success
Date: 2013-06-07 11:10:22
More than ever, a total of 125 tons of beverage cartons were collected by kindergarten and -school-aged children, in the scope of the environmental program of the Beverage Carton Environment...
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Analysts say that agriculture has a key importance in terms of growth
Date: 2013-06-06 12:20:36
According to Buda-Cash and Raiffeisen analysts, this year's economic growth hihly depends on the performance of agriculture. The analysts believe that to reach long-term growth track an investment revolution would...
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FAO: higher food prices to come in the forthcoming years
Date: 2013-06-06 12:11:43
Consumers can expect globally higher food prices in the next ten years. The UN reports that due to the increase of the population and higher incomes demand will grow in...
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Comprehensive monitoring due to GMO suspicion
Date: 2013-06-06 12:02:04
Comprehensive seed and crop monitoring was initiated by the Minister for Rural Development, due to the suspicion that genetically modified corn seeds have arrived to Hungary illegally, through the eastern...
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Nébih: food safety tips during flooding
Date: 2013-06-06 11:55:48
The contamination of food products during floods has high public health risk – the National Food Chain Safety Office (Nébih) calls attention. According to the communication of the Food Chain...
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The sales of smartphones increase by nearly one-third this year
Date: 2013-06-06 11:50:55
The world market turnover of smartphones increases by nearly one-third this year, thanks to the price decline and due to the rapid demand growth of the emerging regions, and exceeds...
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KSH: the volume of retail sales increased in April by 3.4 percent
Date: 2013-06-05 12:20:17
On the basis of the calendary effect adjusted datas, the volume of retail sales in April increased by 3.4 percent, compared with a year earlier – the Central Statistics Office...
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Retail sales grew beyond the expectations of experts
Date: 2013-06-05 12:12:06
April retail sales growth have surpassed the expectations. According to experts annual growth can exceed last year's sales. According to the communication of the Central Statistics Office (KSH) released on...
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GfK: the Hungarian market has a huge potential for the direct banks
Date: 2013-06-05 11:55:03
Although the Hungarian banking market has not yet going toward the direction of the direct business model, based on foreign experience it is only a matter of time that the...
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Magazin: Every fourth forint spent on groceries goes to private labels
Date: 2013-06-05 11:44:46
From total domestic grocery retail sales the value share of private label products grew to 25 percent in 2012 from the 24 percent of 2011. As regards volume sales, their...
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Coface: deterioration in the region's solvency
Date: 2013-06-05 11:22:59
After the improvement of 2011, the economic environment in the Central and Eastern European region became less favorable last year. Insolvency index increased everywhere except Latvia, Estonia and Ukraine –...
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Experts expect high cereal and corn crop for this year
Date: 2013-06-05 11:22:17
Cereal crops are in a very good condition on the fields. This year’s yield can far exceed the average of the last five years. This is true in the case...
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China may levy punitive toll on European wines
Date: 2013-06-05 11:10:09
China launched the investigation a day after the EU imposed anti-dumping levies on Chinese solar panel imports. Dumping refers to firms selling goods below their fair value, which the EU...
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EU retail sales momentum has been broken
Date: 2013-06-05 10:20:32
The momentum of retail sales broke in the European Union in February. According to the figures of Eurostat published on Friday sales volume declined by 0.3 percent in the euro...
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Positive discrimnation for Balaton-wines
Date: 2013-06-05 09:48:03
The two most famous winemakers’ association of the lake have announced a campaign entitled “Balaton wines to the Lake Balaton!” They want to achieve that the lake-shore restaurants, hotels to...
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The decline in retail sales accelerated
Date: 2013-06-05 09:40:42
The decline in retail sales in February accelerated in the Czech Republic. While in January the decline was 0.5 percent on an annual basis, it was 1.7 percent in February...
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NFC-based communication is reaching higher numbers
Date: 2013-06-05 09:05:00
The NFC (non-contact) technology-based mobile wallet services integrate the functions of plastic cards into a single smart phone. The solution of the Hungarian Mobile Wallet Association can be tested by...
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The country where tourists spend the most money on tourism
Date: 2013-06-05 08:38:40
Last year, Chinese tourists spent 102 billion USD for foreign tourist trips. This is 40 percent more than the data of 2011, so China overtook Germany and the United States...
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Fifty thousand HUF grant can be claimed from now for online cash registers
Date: 2013-06-04 11:20:37
Entrepreneurs can claim 50 thousand HUF per cash register non-refundable support until 15 December for the cash register replacements – the regulation of the national economy minister contains. The regulation...
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An annual 100 billion HUF loss in agriculture due to weather
Date: 2013-06-04 11:17:06
The bad weather causes an approximately 100 billion HUF loss in turnover to the Hungarian agriculture per year – Poprády Géza, Minister of State told at the Ministry of Rural...
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SMEs are still unsure in connection with the SME tax and the free enterprise zones
Date: 2013-06-04 11:15:13
Although, most of the businesses knows the SME tax the actual number of registered SMEs is under the of expectations. Since more than half of the companies have not thought...
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Community honey – urban apiary in the heart of Budapest
Date: 2013-06-03 11:05:35
A German creatives are creating urban apiary this summer in Budapest. Anyone can join to the social and artistic experiment who is interested in apiary and at the end of...
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Polish agriculture and agri-food trade
Date: 2013-06-03 08:55:15
In 2010 an agricultural census was implemented in Poland, which revealed that the number of farms reduced by more than 300,000 in the last eight years. Farms with land smaller...
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5-10 percent growth to be expected in the milk industry
Date: 2013-05-31 12:30:10
Similarly to the previous year, another 5-10 percent growth is to be expected at the milk-industry this year – László Lukács, executive director of Dairy Professional Association pointed out on...
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The pig industry needs more premium products
Date: 2013-05-31 12:10:53
The main goal of the big-industry is to produce high quality, premium items, instead of focusing on quantity – state secretary of the Rural Development Ministry (VM) Endre Kardeván pointed...
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The Széchenyi Card Program loans for EU tenders are available in the MKB bank
Date: 2013-05-31 11:12:52
From the beginning of July 2013, the MKB Bank starts the distribution of the Széchenyi Önerő Kiegészítő Hitel and Széchenyi Támogatást Megelőlegező Hitel that can be claimed for EU tenders....
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Immediate inspecion ordered due to GMO-infected maize seeds
Date: 2013-05-31 11:10:11
A global seed and crop inspection has been ordered by the Minister of Rural Development, ias it was found that a certain amount of GMO-infected maize seed has been found...
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Public catering might get 70 percent more expensive from January
Date: 2013-05-31 11:04:08
The Hungarian Association of Public Catering (MKSZ) is discussing oppotunities with the Department of Human Resources (EMMI). According to MKSZ, if the regulation of the ministry will enter into force...
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Four companies in co-operation with MNV
Date: 2013-05-31 09:34:13
MNV has signed an agreement of cooperation with Magyar Posta Zrt., MVM Magyar Villamos Művek Zrt., Szerencsejáték Zrt. and Hungaroring Sport Zrt. in order to strenghten professional relations and set...
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