Market News

Hungarian apples, peaches and peppers will also be promoted this year

Promotion campaign will start to promote Hungarian melons, apples, peaches and peppers in 2013. The technical preparatory work has satred in the Ministry of Rural Development (VM) recent days –...

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One-third less barley and peas are expected

The barley and pea crops may be reduced by one-third as the result of the long winter, while the sown area of corn may be 5 percent less nationwide –...

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New shopping center to be built in the city center of Százhalombatta

The third phase of the so-called Main Square project starts in the first week of May in Százhalombatta. A shopping center will be built as the third phase of the...

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Changing of the malls

The modernization of the first generation of shopping centers, and the comformation to the changing consumer needs have become dominant trend among retail real estates – shows the joint analysis...

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Fazekas Sándor: Hungary is a bee superpower

Hungary is a bee superpower, but the stability of the sector can be maintained only with a lot of work and collaboration – Fazekas Sándor Minister of Rural Development said...

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The OKSZ opposes to expand the product range in the tobacco shops but supports the increase of price margins

The National Retail Federation (OKSZ) supports the 10 percent increase of price margins in case of tobacco products but opposes the extension of the range of products which can be...

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IDC: Smartphones overtook traditional phones

The number of smartphone sales overtook the sales of traditional (feature) mobile phones in the first quarter for the first time – shows the quarterly survey of the American International...

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The NGM reviews the exchange deadline of cash registers

The Secretary of State of the Ministry for National Economy (NGM) is confident that they can keep the deadline for the replacement of cash machines. According to Szatmáry Kristóf, the...

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Findings of the GfK Consumer Climate Europe and USA for the first quarter of 201

High unemployment and the continued slowdown in economic growth in the Southern European crisis countries in particular is still hampering economic development in the European Union (EU). While the countries...

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Vámos György: small shops are the losers of the last few years

The commercial consumption in Hungary decreased steadily between 2007 and 2012, it can remain on level this year and a growth can come in 2014 – Vámos György, general secretary...

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Price margin can be ten percent on tobacco products

The law on the reduction of juvenile smoking continues to tighten. Lázár János (Fidesz) submitted his recent amendment on Thursday as an independent MP proposal. In this context, the politician...

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NAV: they could write a hacker book on cash machine frauds

The specialists of NAV have met stunning fraud schemes in the cash registers. This fact largely contributed to the introduction of the new online cash registers that will have electronic...

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Marketing to increase the consumption of pork

Accurate records will be created over the domestic pig population – Horváth István, comissioned Minister told Világgazdaság. A marketing campaign will also be launched to clarify that the consumption of...

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Ladybugs in the shopping center

About 72,000 Ladybugs were released at a U.S. shopping center to fight against aphids — the pesky insects that feed on plants. And some 72,000 ladybugs have found a home...

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Multisense realism is what people are looking for

Part of multisense realism is a new interpretation of light. As I am not a physicist, there is no way to introduce this idea without sounding like a crackpot, but...

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KSH: monthly household expenditure decreased last year

The monthly consumption expenditure of households in Hungary was an average of 65 790 HUF per person last year. This is 2.1 percent lower than in 2011 – states the...

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Food processors: the public health product tax did not reduce the salt and sugar consumption

According to the Association of National Food Processors (ÉFOSZ) the public health product tax did not reduce the salt and sugar consumption Hungarians, whereas the loss of the affected sectors...

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DHL Express: SMEs that are open to foreign markets are more successful

DHL’s research covered the small and medium-sized enterprises (SMEs) of 12 countries as part of its global strategy. In its research, DHL investigated the potential business success of globalization and...

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The first operating online cash register is ready

The Hungarian Laurel Számítástechnikai Kft. submitted the marketing authorization application to the Hungarian Trade Licensing Office (MKEH). The representatives of NAV, experts and business leaders could see at today's Trading...

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Mediameter: 78 percent of the Hungarian adults has a mobile phone

Approximately 6.3 million adults have cell phones in Hungary over age 18. This is 78 percent of the population, which indicates a 6 percentage point increase in a year –...

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Four higher education institutions have launched a food security cooperation

The two-year long joint food safety research was launched by four higher education institutions and is led by the University of Debrecen (DE). During the research EU fundings of 1.6...

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Meowing vending machine for dogs

Dog Food vending machine was developed by a doog food producing company in Great Britain. While their owners can just pull out some loose change in exchange a sugary treat,...

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KSH: retail sales fell by 2.3 percent in February

The volume of retail sales decreased by 2.3 percent in February 2013, compared to the same period of the previous year. The working day adjusted volume index indicates a 1.1...

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Fazekas Sándor: pig population will be doubled in seven years

On the basis of the pig strategy adopted by the government, the current pig population of 3 million will be doubled until 2020. 2.6 billion HUF will be spent to...

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The OTP bank offers a special loan for tobacco shop opening

The OTP bank offers a special financial package for the starters of the national tobacco shops. According to the financial institution, the concession owners will need several million forints to...

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Magazin: New concept: forced consciousness

We have to familiarise ourselves with a new concept used for shoppers: forced consciousness. At its latest press conference GfK analysed the recent past of the FMCG market and introduced...

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Policy Agenda: recovery has not been started in the SME sector

The Policy Agenda’s SME growth index continues to reflect the difficult situation of the SME sector. The SME growth index is still far from the results of the beginning of ...

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GfK: the machine tool market is changing

According to the survey of GfK Hungária published on Tuesday, the electric machine tool market declined last year, due to the ongoing economic crisis. In addition, the weight of the...

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German business sentiment declined more-than-expected

German business sentiment declined more than expected in April – shows the Wednesday statement of the German Ifo Research of Institute. The sentiment index based on interviews with 7,000 company...

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The winners of the tobacco shop concession tenders have been announced

The results of the tobacco shop concession tender have been announced. 5415 tobacco shops can be opened from the 1st of  July – Gyulay Zsolt, CEO of the National Tobacco...

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