Market News

Chinese consumers are more and more optimistic and would spend more

The value of consumer confidence in China is stable, and the population is becoming more optimistic and willing to spend more than before – shows the latest reoprt of Nielsen...

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Closer economic and trade relations with South Africa

On Monday, the founding session of the Hungarian-South African Economic Joint Committee was held in Pretoria, South Africa. The Hungarian Co-Chairman of the Committee is Secretary of State Kristóf Szatmáry,...

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Ten percent price margin will be provided to the tobacco retailers

With the amendment of the tobacco law, the parliament provided a ten percent price margin to the tobacco retailers on Tuesday, and further expanded the range of products that can...

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Fifth Annual General Meeting of GfK SE

At today’s fifth Annual General Meeting of GfK SE, a minimum of 99.6 percent of the shareholders of GfK SE voted in favor of the resolutions proposed by the Supervisory...

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Loan can be used for online cash registers

OTP Bank has developed a construct for th e operators of the national tobacco shops. A major item of the startup costs is the purchase of the online cash tregisters...

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KSH: Average net earnings increased by 4.2 percent in January-March

In January to March 2013, the average gross earnings of full-time employees amounted to 225 600 HUF. It was 2.9 percent higher compared to the same period of last year....

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VM: the directive for beers has changed

According to change in the Hungarian Food Codex, products will not longer be marketed under the “beer” name that are added any material after aging and filtering, thus their character,...

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Hard to find reliable cash register manufacturers

The Dohánybolt Ellátó Kft., that has more than one thousand registered partners has assessed the participants of the cash register market, that are offering cash registers for tobacco shops. During...

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Health recepies are popular

The interest for healthy diet on the web has been declining since the mid 2000s – shows the Gourmet Webshop survey of Foodies.hu. This means that these days half of...

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The world's most valuable brands

Technology companies continue to dominate the ranking of the world's most valuable brands in 2013: Apple, Google and IBM can be found in the first three places. According to the...

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Rice contaminated with cadmium were found in Southern China

Higher than permitted levels were found in almost half of the tested samples. Carcinogenic cadmium were found by the authorities in south China's Guangdong province – the Chinese media reports...

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The targeted service is a new cafeteria item

The amounts paid by an employer to the voluntary mutual insurance funds will be introduced as new fringe benefits Kalocsai Zsolt, CEO of RSM DTM Hungary Zrt. told. In other...

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Nielsen: increased food retail revenues

Retail revenues rose by 2 percent in case of the sales in the ninety-food categories continuously measured by Nielsen, between December 2012 and March 2013, compared to the previous comparable...

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GKI still forecasts economic stagnation for 2013

Despite the better-than-expected first-quarter GDP figures, the GKI Gazdaságkutató Zrt. did not change its forecast and continues to forecast economic stagnation for this year. The economic researcher in its blog...

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Not the best time to replace the cash registers

The retailers and restaurateurs near the Lake Balaton should carry out the replacement of  the cash registers in the middle of the season. The National Federation of Traders and Caterers...

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More than a quarter of the Hungarian population using smart phone

29 percent of the Hungarian adults had smartphones late last year. The use of the devices is above the average among men, the youngsters, the well educated, and among those...

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German investments in Hungary are over 20 billion euros

The German companies have invested almost 21 billion euros in Hungary, making Germany the largest foreign investor in Hungary – Varga Mihály Minister for Economic Affairs told at the celebration...

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Drink champagne against forgetfulness!

The consumption of one or two glasses of champagne a week can offset memory loss associated with the aging process and can delay the degenerative brain diseases, including the development...

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Black market is a serious threat in Europe

The Union of Liquor Producers and Importers of the Czech Republic (UVDL) is urging rapid actions to restrict the alcoholic beverages black market. In its “Remember the methanol!” statement, the...

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The NAV will not punish for the delay if it is unintentional

According to the manufacturers the deadline to replace the cash registers seems to be sustainable – Pankucsi Zoltán, Deputy Secretary of the Ministry of National Economy (MNE) told in the...

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MVH: assessment of the beekeeping support is continuous

The Agricultural and Rural Development Authority (MVH) is continuously assessing the support claims that were submitted on the basis of the Hungarian National Apiary Program – MVH told MTI on...

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Ipsos: Money matters

Great consumer insights can inspire powerful product ideas, and ultimately winning concepts and successful innovations. And yet, as marketers increase their expertise at uncovering insights and truly understanding their consumers’...

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ECR, with responsible thinking

Transparency, trust, efficiency, a better yet cheaper service are the key topics of the 20 year-old ECR conference, which had been organized by EuroCommerce on 14th and 15th May 2013....

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Hungary's economy has grown compared to the previous quarter

Analysts interviewed by MTI considered the first quarter’s GDP data favorable than expected. The data was published by the Central Statistics Office (KSH) on Wednesday. Analysts forecast a positive sequel,...

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Ifo: the world economy situation improved in the second quarter

The index reflecting on the state of the world economy has improved in the second quarter – the ifo Institute for Economic Research of the University of Munich announced on...

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KPMG: Hungary is improving its position in the use of EU funds

At the end of last year, Hungary was in the middle-field among the ten Central and Eastern European countries, in connection with the usage of the 2007-2013 development funds in...

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The Ministry of Rural Development has changed the rules on organic products

In order to increase consumer confidence, the Ministry of Rural Development (VM), amended managing requirements in connection with organic products, the rules of certification, marketing, labeling and controls. According to...

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ECR Europe's annual conference – video

Senior executives from 7 retailers and 16 manufacturers attended in November ECR Europe’s first European Leaders Forum, at the head office of Carrefour. The meeting, building on ECR Europe’s new...

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The OTP launches a credit facility for tobacconists

OTP Bank has developed a credit facility for the operators of the national tobacco stores. Since than, hundreds of concessionaires inquired at the bank – the financial institution told MTI...

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KSH: inflation slowed further in April

The annual inflation rate slowed further in April to 1.7 percent, after the 2.2 percent of March. Compared to March, consumer prices rose by 0.3 percent compared with March –...

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