Market News
MNB proposals to boost credit card use
Date: 2013-04-23 12:05:28
The National Bank of Hungary (NBH) has developed a three plus one-piece package of proposals to boost the domestic debit card use for expansion of the credit card market –...
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NAV: Customs authority permit is needed to the retail trade of tobacco products
Date: 2013-04-23 12:04:20
Retail trade of tobacco products can be carried out only with customs authority permission. It is not enough to conclude the concession contract after 1 July – National Tax and...
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The new rules of the CAP will enter into force in 2015
Date: 2013-04-23 11:59:24
The final agreement over the main rules of the Common Agricultural Policy (CAP) affecting agriculture is expected by the end of June – Czerván György, Minister of State at the...
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Euro zone’s compound PMI remained unchanged in April
Date: 2013-04-23 11:16:18
Euro zone’s compound purchasing managers index in April has not changed compared to the final datas of March; the index of the service sector improved slightly, while the index of...
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Magazine: FMCG retail closed a difficult year
Date: 2013-04-23 11:04:12
In 2012 households hardly spent 1 percent more on FMCG products in terms of value than in the previous year. Only few categories were able to produce real growth in...
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More than two-thirds of the world's seized counterfeit products are from China
Date: 2013-04-23 11:02:27
Fake eggs, fake iPhones, fake IKEA store – almost everything is copied in China. 67 percent of the world’s counterfeit goods derives from there – South China Morning Post writes....
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Denmark abolishes the tax on soft drinks
Date: 2013-04-23 11:02:18
Denmark abolishes the special tax on soft drinks. According to the expectations of the Danish government by introducing the measure new jobs will be created in the country and an...
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GMO-free soybean cultivation against import dependence
Date: 2013-04-19 12:29:25
Hungary aims to provide high quality, domestic non-GMO soy, reducing the country's import dependence – Czerván György, Minister of State at the Ministry of Rural Development responsible for agri-management told...
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The government would help the pig sector with unspent EU funds
Date: 2013-04-19 12:25:28
The government would help the pig sector with unspent EU funds until the end of the year, in order to support the doubling of the current pig population – Font...
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Nébih: nighttime inspections continued at the wholesale markets
Date: 2013-04-19 12:20:15
The inspectors of the National Food Chain Safety Office (Nébih) carried out an another inspection at the wholesale market in Budapest. The authorities destroyed a total of 21 tons of...
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(HU) Közös sertésstratégiát dolgoznak ki Békésben az ágazat megyei szereplői
Date: 2013-04-19 11:11:12
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The Ministry of Rural Development is considering the introduction of the five percent VAT in the pig sector
Date: 2013-04-18 12:40:52
The Ministry of Rural Development proposes the introduction of the five percent VAT in the pig sector, after the reverse VAT veto in Brussels. The ministry's proposal is being discussed...
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Almond and apricot trees fell into bloom
Date: 2013-04-18 11:16:48
The most popular Hungarian fruits blossomed with the advent of the late spring. According to Dr. Apostol János, head-reseracher of the State Pomology Scientific Research Institute an excellent year is...
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Common brand strategy for the downtown shops
Date: 2013-04-17 12:10:24
The local government of the 5th district develops a common brand strategy in order to boost the sales of the downtown businesses. Puskás András (Fidesz-KDNP), the district's deputy mayor told...
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Nébih: increased control on vegetables and fruits
Date: 2013-04-17 12:04:15
The National Food Chain Safety Office (Nébih) tests the vegetables and fruits came from abroad. In recent weeks, five shipments, more than 60 tons of products were confiscated during the...
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The Atradius draws attention to the risks of the changing tobacco market
Date: 2013-04-17 12:02:39
The retail units that are currently selling tobacco products almost certainly face a drop in income, while the tobacco wholesalers can get thousands of risky buyers, when the tobacco shop...
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These will be suspicious for NAV
Date: 2013-04-17 12:00:43
The online cashiers will reveal a number of behavior, which we does not even think to give rise to suspicion at the tax authorities. Not only the specific traffic datas...
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A classic icy delicacy from Vienna
Date: 2013-04-16 18:50:46
What can be more pleasant on a hot summer day than a cup of coffee with milk, served ice cold? MARESI Vienna iced coffee with cream perfectly meets these expectations:...
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Stable place in the top 20 and two-digit growth
Date: 2013-04-16 18:47:32
Ice cream value sales were up 19 percent in February 2012-January 2013 if compared with the base period; in volume sales the Nielsen Retail Index registered plus 11 percent. The...
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Ice cream on a stick conquers, mainly because of its price
Date: 2013-04-16 18:42:41
The summer of 2012 was very hot, so ice cream sales were soaring. Dr Ildikó Murányi, business development manager with Nestlé & Mövenpick Ice Cream told our magazine that private...
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GlobalShop, the intruductory day – our collegue's report
Date: 2013-04-16 12:58:08
Seventeen countries' POPAI-district have been represented in the famous Tokio room of Sax Hotel, in order to discuss the current events of the organization, the various local challanges and express...
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95 products of 41 producers bear the HÍR trademark
Date: 2013-04-16 12:25:14
300 traditional agricultural products and food products of 7 regions of Hungary can be found in the Traditions-Tastes-Regions (HÍR) collection including various spices, plants and animals, beverages, fruits and vegetables....
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Budai Gyula: unlimited opportunities for the beef sector
Date: 2013-04-16 12:10:55
The beef sector has unlimited market potential practically if the sector produces high-quality products – Budai Gyula, Minister of State at the Ministry of Rural Development (VM) responsible for Parliamentary...
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The crisis has given impetus to the webstores
Date: 2013-04-16 12:02:43
Customers turned towards webstores after the crisis in 2008. Currently the number of webstores with Hungarian websites are around 5-6 thousand – Madar Norbert, consulting advisor of eNET Kft. said...
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The authorities banned unfair bakeries
Date: 2013-04-16 11:10:33
The staff of the Directorate-General of NAV and the staff of the Food Chain Safety Board of the County Government Offices carried out investigations in bakeries that are in the...
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British researchers created a disease resistance pig
Date: 2013-04-16 11:00:44
Scientists who created Dolly the sheep clone bring GM food a step closer by producing a pig that is immune to disease – The Daily Telegraph wrote. The piglet, known...
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Diminishing profit margin characterises the pasta market
Date: 2013-04-16 10:29:58
Volume sales didn’t decrease significantly on the domestic pasta market, but manufacturers’ experience is that sales have moved in the direction of cheaper varieties made with fewer or no eggs,...
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Airport ground-handling: EP adds staff safeguards to competition boost plan
Date: 2013-04-16 10:10:44
Plans to open up ground-handling services at major EU airports to more competition by increasing the minimum number of service providers were backed by Parliament in a vote on Tuesday....
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Spring barley and sunflower sowing has started
Date: 2013-04-15 11:18:54
Agricultural works started with full capacity in Vas county. The sowing of barley and sunflower has also begun – Lukács Zoltán, General for Agriculture inspector of theVas County Government Office...
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