Market News
OKSZ: the amount of the decline in retail is worrisome
Date: 2012-11-26 12:50:51
The analyst of the Savings Bank and the National Trade Association (OKSZ) calculates with an average of 1.7 to 2 percent downturn in retail for this year. According to the...
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Coop is the second in the rankings after Tesco
Date: 2012-11-26 12:50:18
Relentless price competition and market restructuring taking place on the declining retail market among the retail chains – Heti Válasz writes. Earlier this year, the French Auchan took over the...
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More than 90 tons of non-perishable food donations were collected by the Hungarian Food Bank Association
Date: 2012-11-26 10:52:49
In the scope of the Hungarian Food Bank Association customers donated ninety-three tons of long-term food to families in need at the collection points set up in food stores. The...
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Potatoe prices are increasing unstoppable
Date: 2012-11-23 14:31:34
From potatoes half of the amount has grown this year. According to the estimates of the National Association of Potato Marketing Board, domestic potatoes will run out of stocks in...
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The advantages of retailers
Date: 2012-11-23 13:19:18
The advantages of the small businesses are in fresh and specialty products. They have preserved their importance in small towns, providing work for hundreds of thousands of people. The small...
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Entrepreneurs seek for budgetary resources to replace cash registers
Date: 2012-11-23 12:01:10
The IVSZ (IT, Telecommunications and Electronics Enterprises Association) and the KISOSZ (National Federation of Traders and Caterers) are expecting government subsidies for the building out of the cash register system...
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U.S. consumers will spend 586 billion USD for Christmas shopping
Date: 2012-11-23 11:30:35
The Christmas shopping season in the U.S. starts sfter Thanksgiving with the so-called Black Friday. The NRF predicts that in the next one month a total of 586 billion USD...
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Forty-six million turkeys will be eaten on Thanksgiving Day
Date: 2012-11-23 10:45:35
CNN U.S. news televison summarized interesting informations related to Thanksgiving Day. In the United States, the modern Thanksgiving holiday tradition is commonly, but not universally, traced to the1621 celebration at...
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EU enlargement a “two-way street” benefiting both parties
Date: 2012-11-23 08:50:07
Internal stability and values shared by member states are what the European Union should “export” in exchange for “importing” diversity, natural resources, innovation potential and the prospect of economic growth,...
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Trade mark has been introduced to guarantee the high quality of Pálinka
Date: 2012-11-22 11:25:58
From now, the high quality of Hungarian pálinka will be guaranteed by a Pálinka trade mark system, which was the initiative of the Pálinka Céh Egyesület and was jointly developed...
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Interests doubled towards 'Black Friday' in Romania
Date: 2012-11-22 10:58:08
Interests doubled towards 'Black Friday' in Romania, compared to last year. 2.4 million people are preparing to take advantage of the significant discounts of the traders – shows a survey,...
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In Europe, SMEs are creating most of the new jobs
Date: 2012-11-21 14:04:09
The European Commission has found that small and medium-sized businesses are creating 85 percent of the new jobs in the EU. 67 percent of employees are employed by SMEs by...
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From kindergarten kitchens to Coca-Cola – gardeners found new markets
Date: 2012-11-21 12:50:29
“From now on, the Coca-Cola bottling plant in Dunaharaszti will produce its apple juice using Hungarian apples instead of imported ones”, announced the Minister for Rural Development in Dunaharaszti, while...
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In Hungary the price of food products household chemicals and cosmetics in the third quarter increased by an average 6 percent,
Date: 2012-11-20 13:02:11
In Hungary the price of food products household chemicals and cosmetics in the third quarter increased by an average 6 percent, compared to last year's comparable period. This is the...
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Illegal sugar packages were found
Date: 2012-11-20 11:10:31
The National Tax and Customs Office (NAV) and the National Food Chain Safety Office (NÉBIH) found 25 tons of French and Polish origin sugar that were filled into 1 kg...
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Beverage carton collection reloaded
Date: 2012-11-20 10:53:49
In this school year, 20 cities and 60 small settlements, 300 educational institutions and more than 68,500 children will participate in the Beverage Carton Environmental Association’s (IKSZ) beverage carton collection...
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The citizens of Sződliget bulid their settlement’s facsimile from gingerbread
Date: 2012-11-20 10:50:18
The baking of the molds has been started, the income of the exhibition combined with a charity fair will be given to the development of the IT network of the...
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Cartel rules for agricultural products will be easened
Date: 2012-11-19 13:40:22
The National Assembly easened the cartel rules for agricultural products on Monday. The agreement will not restrict the competition that will be carried out with the participation of industrial advocacy...
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Concession stores can come in alcohol trade
Date: 2012-11-19 13:15:27
The government is considering that similar to the tobacco products, the alcoholic goods that have a 15-20 percent higher alcohol content to be sold in stores with only concession –...
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The excise tax of particular tobacco goods will increase on 1 December
Date: 2012-11-19 11:15:51
The NAV presents: the cigarette excise tax of cigarettes will increase from 1 December from 11,900 HUF to 12,500 HUF per thousand pieces and it will be and 31 percent...
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Retail sales declined in Slovakia
Date: 2012-11-19 11:04:12
Retail sales decreased by nearly 3 percent in Slovakia in 2011 to 17,500 million euros – shows the analysis of Postová Banká. The decline was detected in almost all segments...
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Collection started in Vienna and Bratislava for the Santa Claus Factory
Date: 2012-11-19 11:02:28
The Hungarian National Tourist Office also assists in the work of the Santa Claus Factory. The staff working in Vienna and Bratislava are compiling a package to help the children...
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KSH: industrial production decreased by 3.8 percent in September
Date: 2012-11-16 12:00:29
The volume of industrial production decreased by 3.8 percent in September, compared to the same month of last year. In September this year, there were two less working days than...
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The President of the European Council proposes drastic cutbacks in agricultural subsidies
Date: 2012-11-16 11:48:12
The President of the European Council submitted a proposal to the Member States, which could result in 573 million euros reduction for Hungary's agricultural subsidies in seven years. Beside the...
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Sugar and coffee remain weak at the commodity exchanges
Date: 2012-11-16 11:35:39
The weak demand, the large stocks and good yields all contribute to this trend. The production of sugar in the past years always exceeded consumption, the excess was manifested in...
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Lázár: Let the tobacco shops to sell lotto and lottery tickets
Date: 2012-11-16 11:28:55
The leader of the Prime Minister’s Office proposes to let the tobacco shops to sell lotto and lottery tickets. Lázár János initiated the amendment of the tobbacco shop law on...
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Europe's highest rents can be found at Champs-Élysées in Paris
Date: 2012-11-16 11:25:06
Cushman & Wakefield has compiled this year’s list of shopping street with the world's highest rents. Among the 326 locations of sixty-two countries rising rents were measures in 147 cases...
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Hungary joins to the European waste reduction week
Date: 2012-11-16 11:10:28
This year, for the first time Hungary joins the European Waste Reduction Week, that will be held between 17 and 25 November – the National Waste Management Agency (OHÜ) announced....
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Greenpeace: Say no to genetic engineering
Date: 2012-11-16 09:46:42
While scientific progress on molecular biology has a great potential to increase our understanding of nature and provide new medical tools, it should not be used as justification to turn...
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GDP decreased by one and a half percent in the third quarter
Date: 2012-11-15 13:07:30
Hungary's gross domestic product (GDP) decreased by 1.5 percent in the third quarter of 2012, while with seasonally and calendary effects adjusted a 1.6 percent decrease occurred, compared to the...
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