Market News

Randstad: eight out of ten Hungarians are preparing for recession

In Hungary, 78 percent of workers expect a further worsening of the economic situation – shows the survey of Randstad labor market service provider. The survey also shows that after...

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London analysts: the November industrial production data forecasts a deepening recession

The Hungarian industrial production datas of November, suggest that in the fourth quarter of last year the Hungarian economy’s recession  has continued to deepen the, however, this year, the automotive...

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The Carpathian Region Business Network has expanded with a new office

The development office of the Carpathian Region Business Network was opened on Tuesday in Dunaszerdahely. At the opening ceremony, Szatmáry Kristóf Minister of State at the National Economy Ministry responsible...

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Food inspecting is on

The consumer protection actions before the holidays will be announced. Locked vegetable shipments, several tons of destroyed potatoes, beet coming from Germany, but sold with Hungarian tricolor, Polish eggs with...

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The meat industrial bomb is still ticking

According to the plans announced on Monday in Gyula, a local governmental-owned meat company will be formed, that will purchase the bankrupt and beyond redemption Gyulai Húskombinát’s assets and can...

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Ipsos: Money, That’s What I Want

Ipsos Open Thinking Exchange (Ipsos OTX) and Ipsos Global @dvisor are pleased to share the latest proprietary global infographic and commentary on the trends and behaviors that define people’s lives...

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Workania: 12 percent of the workers received 13th monthly wage

The proportion of Hungarian workers who received 13th monthly wage decreased from 14 percent (2011 data) to 12 percent last year – shows the most recent survey of fizetesek.hu operated...

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The direct sales of processed products have become increasingly popular in villages

According to the Young Farmers Association, villagers have returned to livestock, after the regulation of the direct sales of processed products became softer. The affected farmers need to use stricter...

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The Slovak economy almost caught up with the performance of the Czech Republic

Twenty years after the establishment of the Slovak Republic, at end of last year, the performance of the Slovak economy almost caught up with the performance of the Czech economy...

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The Italians do not purchase even during winter price reductions

Italian households purchase the half the amount during winter price reductions as the economic crisis began. Experts say the government's austerity measures have led to a reduction in consumption. According...

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Magazine: Canned fish: swimming upstream

Although fish consumption in Hungary is still way below the European average, the slow conquest of health trends had a favourable effect on fish and canned fish sales in the...

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Global survey about how FMCG-customers get information about certain products

Twenty-nine percent of Hungarian customers get information of food and beverages at the venue of the purchase, while another 21 percent finds out useful stuff about sales via friends, family...

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Troubled meat plants would be saved from billions of forints

According to the informations of Magyar Nemzet, approximately five and a half billion forints would be spent by the affected municipalities to the recapitalization of the meat plants of Kaposvár,...

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Matolcsy: the deadline for the introduction of new type cash registers may be extended

It is possible that the 1 April deadline for the introduction of new type cash registers may be extended and the introduction will take place later. Matolcsy announced the introduction...

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Price increases and closures may come to the meat market

In case of pork and poultry products, a further price increases can be expected – writes Világgazdaság.  The producers of the sector – especially those who are dealing with chicken...

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KSH: Unemployment rate unchanged

In September–November 2012, the number of unemployed people was 468 thousand resulting in an unemployment rate of 10.6%. The number of unemployed people was 468 thousand, 8 thousand (1.6%) more...

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VM: disease detected in case of only one ruminating animal in Hungary

Disease detected in case of only one ruminating animal in Hungary – the press office of the Ministry of Rural Development (VM) responded to the Saturday news that Belarus introduced...

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Goverment cuts utilities prices further

The government could reduce retail gas, electricity and district heating prices again this year after cutting them by 10% from 1st January, a new annoucment on kormany.hu tells us. The...

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Last year one and a half percent more beer was brewed in the Czech Republic

One and a half percent more beer was brewed in the Czech Republic last year, the preliminary datas show  – Jan Vesely, president of the Czech brewers association said on...

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NFH: still a lot of offenses at product presentations

There are still many infringements occur at product demonstrations, although some improvement can be detected compared to the previous years – shows the report of the National Consumer Protection Authority...

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Rural Adventure Chosen as Europe's Best Communications Programme

The Vidék Kaland (“Rural Adventure”) Programme has won the competition for communications programmes related to the Common Agricultural Policy (CAP) launched by the European Commission's Directorate-General for Agriculture and Rural...

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New Waste Management Regulations

Some of the implementation regulations of the new Waste Management Act that came into force on January 1 have been issued. Among others, the new regulations concern the distribution of...

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Opten: 28,305 companies were terminated last year

Last year, 28,305 companies were terminated in Hungary, around 4000 more than in 2011 – Opten Informatics Ltd. announced on Thursday. The firm founding mood was skyrocketing in the first...

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A newer food scandal in China: carcinogen materials in cooking oil

A recent food abuse have come to light in China: During a national inspection, ten percent of the products did not meet the standards – the sina.com news portal reports....

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An unlawful coffee shop and an invoice factory were closed by NAV

The tax authority closed an illegitimate coffee shop and an invoice factory. The finance officers seized cash, property and vehicles in a total value of 820 million HUF and 23...

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Still no final decision on food VAT

There is still no final decision on the reduction of the VAT on basic foodstuffs – the National Economy Ministry (NGM) informed Népszabadság. The government not yet answered to the...

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Fazekas Sándor: the agrarian economy this year can increase its positive export balance

According to the preliminary datas, the Hungarian agriculture can increase its positive export balance this year, which is expected to exceed 3 billion euros, ie 800-900 billion euros – said...

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The school milk program will receive more support in 2013

This year, the Ministry of Rural Development (VM) provides an about 1.5 billion HUF for the continuing school milk program, 300 million HUF more than in 2012 – the ministry...

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The BMI of December indicates a shrinkage

The purchasing managers' index (BMI), indicated the shrinkage of the manufacturing industry in December. The 48.9 percent value declined by 3.2 percentage points compared with the previous month – the...

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Russia banned beer sales at night

In order to fight against alcoholism beer cannot be distributed in Russia in street stores under 50 square meters from Tuesday. At night beer cannot be sold in any stores....

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