Market News
Christmas season can bring revenue record in the German stores
Date: 2012-11-08 11:20:00
In Germany, the turnover of stores may exceed 80 billion euros for the first time this year during the Christmas season. Due to the expected consumer rush several ten thousand...
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European Court of Justice: the listing of the Slovakian Tokaji wine region cannot be challenged
Date: 2012-11-08 11:12:53
European Court of Justice dismissed the action of Hungary, which appealed against the decision of the committee which listed the Slovakian “Vinohradnícka oblast' Tokaj” wine region designation to the E-Bacchus...
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Japan increases whale meat sales
Date: 2012-11-08 11:11:04
The Japanese fisheries agency extends and enhances its whale meat sales to finance the much-criticized whaling program, that is producing more and more losses every year. According to the Mainicsi...
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Coface CEE TOP 500 has arrived!
Date: 2012-11-07 16:55:20
The largest companies in each of the above countries (revenues ≥ EUR 120 million) were listed, whereby financial service providers such as banks, insurance companies, leasing firms and brokers were...
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The pig strategy would double the pig stocks in seven years
Date: 2012-11-07 13:12:55
The pig strategy adopted in the summer would double the number of pigs in seven years, which is less than 3 million at the moment. For the implementation mainly private...
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Buying online is comfortable
Date: 2012-11-07 12:10:27
The Kupon Világ carried out a survey – on the occasion of the Hungarian Dotcommerce Day – among its customer community on their online shopping experience. At nearly half of...
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Retail sales increased in the EU and declined in the euro zone in September
Date: 2012-11-07 12:03:40
The increase of the retail sales in the Euro zone, experienced in the previous months has stopped in: the volume delined by an average 0.2 percent compared to August –...
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Polish recognition to the Eger wine region and to the Tokaj Aszú
Date: 2012-11-07 11:18:37
The Polish Wino (Wine) professional magazine gave the Best Wine Region of the Year to the Eger wine region. In addition, among the category of sweet wines the 1999 vintage...
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Magazine: Hungarian women are faithful to intimate hygiene products
Date: 2012-11-07 10:56:45
Ildikó Kardos, marketing manager of Libresse distributor SCA Hygiene Products Kft. told Trade magazin that the Hungarian sanitary napkin, tampon and pantyliner market is stable, in terms of both segment...
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2.5 billion HUF was spent on chocolate last year during Santa Claus and Christmas
Date: 2012-11-06 13:05:08
Consumers bought approximately 700 tons of seasonal candies for about two and a half billion forints between November 2011 and January 2012. Compared to the same period of the previous...
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Kuwait is interested in Hungarian poultry
Date: 2012-11-06 11:50:18
Domestic construction industrial companies can also take part in the infrastructural investments of the five-year national development plan of Kuwait, that was launched in 2010 – Szijjártó Péter told Világgazdaság...
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VM: 4 million euros support to the wineries
Date: 2012-11-06 11:43:10
The total of 4 million euros (about 1.1 billion HUF) support will be available again from the beginning of this week, for the purchasing of new winemaking equipments and technological...
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Hungarian poultry is competing in the Far East
Date: 2012-11-06 11:42:46
Kardeván Endre Minister of State is negotiating on the expansion of the Hungarian food exports in Hanoi Secretary at the meeting of the Hungarian-Vietnamese Economic Cooperation Committee – the Ministry...
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Two and a half tons of sponge cake was baked in Austria
Date: 2012-11-06 10:47:46
Two and a half tons of sponge cake was baked in Austria. The boss of the patry team considered the dough very light. The cake monster was made in Seiersberg,...
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The wine market of Asia getting more popular
Date: 2012-11-06 09:15:43
Hong Kong is waiting for the Hungarian winemakers and wine exporters with open doors. Hong Kong abolished all wine duties in 2008, and its annual wine import in 2011 increased...
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Europe is getting more optimistic these days
Date: 2012-11-06 09:00:49
According to the index, reflecting the expectations of November, the German consumer sentiment has increased to its more than five-year peak – the GfK market research institute announced on Friday....
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Discount stop instead of mall stop
Date: 2012-11-05 12:20:33
According to the summary of the Ministry of National Economy (NGM) sent to Népszabadság, since the voting of the mall stop, Fidesz has torpedoed the domestic expansion of Lidl and...
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MNB: the performance of the Hungarian economy is significantly lagging behind the region
Date: 2012-11-05 12:00:00
The National Bank of Hungary (MNB) revised down this year’s and next year's GDP expectations. This year, the Hungarian economy can shrink by 1.4 percent, next year an only 0.7...
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Online shopping day comes on Thursday with significant discounts
Date: 2012-11-05 11:59:24
This year, the online shopping day will be held on 8 November on Thursday. The event involving hundreds of webstores will provide significant discounts for online buyers. In 2011, almost...
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Urbanization brings an increase in consumption in China
Date: 2012-11-05 11:10:39
By the end of the decade, the number of the Chinese middle class will reach 600 million. They are the key driver of economic development – predicted the Chinese Reform...
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Drought and fungal diseases affecting the chestnut crop badly
Date: 2012-11-05 11:07:25
Chestnuts almost cannot be purchased in the country due to the drought, ten percent of the usual amount has grown this year. In Zengővárkony, at the country's largest production area,...
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Eastern opening is reasonable in foreign trade
Date: 2012-11-05 08:00:02
Eastern opening is reasonable in the Hungarian foreign trade, as the driving force of the world economy is now outside Europe – told Hídvégi Balázs, Deputy Secretary of State at...
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KSH: the volume of exports increased by 1.7 percent in August
Date: 2012-11-02 12:50:45
The volume of imports in August decreased by 0.3 percent, while the volume of exports increased by 1.7 percent compared to the same period of last year. Calculating in euro,...
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More and more Hungarians turn to the European Consumer Centre
Date: 2012-11-02 11:45:04
A growing number of Hungarian citizens are turning to the European Consumer Centre (ECC), and the returned amount also increases – Kriesch Attila director of ECC told at a press...
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Hipercom: The best offers for All Saint's Day
Date: 2012-11-01 10:34:53
The period prior to All Saint's Day is always linked to a wide range of promotions highlighted in special offer leaflets. With Hipercom's Monitoring System, this years offers have been...
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NGM: the public health product tax does not conflict with with the EU law
Date: 2012-10-31 13:50:53
The European Commission accepted the government's argumentation and answers and closed the legal process that investigated the legal harmonization of public health product tax and EU law. The EU proposer-Executive...
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Mountain villages: this year's wine volume is under two million hectoliters
Date: 2012-10-31 12:00:09
This year, about 1.8 million hectoliters of wine was transported into the cellars in Hungary, compared to the 2.5 million hectoliters of last year – Horváth Csaba, Secretary General of...
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Workania: 19 percent of the Slovaks and 34 percent of the Czechs earn more than the Hungarians
Date: 2012-10-31 11:11:09
The Hungarian workers' gross monthly average wage is 221400 thousand HUF, while the Slovaks earned 19 more and the Czechs 34 percent more the last year – shows the Fizetesek.hu...
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There are not enough boxes and bags in the Santa Claus Factory
Date: 2012-10-31 10:59:50
There are not enough boxes and bags in Santa's factory, in which the volunteers of the charity action could pack the gifts in – the organization told MTI on Saturday....
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Nielsen: Consumer Confidence in Hungary is in depths
Date: 2012-10-30 13:00:22
Hungary has the lowest consumer confidence index for five consecutive quarters, among the worldwide tested fifty-eight countries. Although a slight improvement occurred, tthird-quarter index is 37 points, which is 7...
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