Market News

Fazekas Sándor: the pig sector has future

The Hungarian pig sector can be reneved with the involvement of market participants, and can reach the production level of ten years ago in terms of employment and production –...

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Pork industry: big changes on an international level

A striking feature of thehog industry has been the rapid shift to fewer and larger operations, associated with technological change and evolving industry structure. The United States is the world's...

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More and more international companies expect Chinese consumers

If we want the global business to flourish,  we should win in China first – WARC writes after consulting several international companies. More and more brand owners consider China in...

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Economic confidence in the euro zone has slipped back to its three-year low

In October, the consumer and business sentiment index has slipped back to its three-year low, after in Germany and in France economic expectations became bad. According to the Tuesday communication...

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The SME sector may be the key to the economic growth in Hungary

According to the recently published a report of the European Commission, the stuation of the Hungarian enterprises in most of the 10 indicators of the Small Business Act (SBA) are...

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The school apple program was expanded

The Agricultural and Rural Development Agency published the list of products and product quantities that can be transported into the public educational institutions in the 2012/2013 school year. In the...

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K&H: stagnant labor market

The vast majority of domestic SMEs believe that over the next one year, the number of employees will stagnate. The majority of workplaces that are planning recruitments are only planning...

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Employees are responsible for a significant portion of shopliftings

Among the European Union (EU) member countries, Slovakian store employees steal the most – Slovak Hospodárské Noviny newspaper wrote on Wednesday referring to the datas of a survey. According to...

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The world's strongest beer was brewed in Scotland

A Scottish brewery claims to have created the world's strongest beer – a 65 percent super strength alcoholic drink called Armageddon. The appropriately named beer is likely to leave consumers...

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Hungarian-Romanian business center opens in Békéscsaba

The cross-border project amis to stimulate cooperation Nagyvárad and Békés county. At the project opening conference Hódsági Tamás, president of the Békés county Chamber of Commerce and Industry told that...

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KSH: August retail sales volume fell by 2.4 percent

In August, retail sales volumes was 2.4 percent below, while in the first eight months of the year it was 1.4 percent below the same period of the last year...

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The entrepreneurs consider the narrowing of financing as the biggest problem

The most significant problem for the Hungarian companies is the the narrowing of financing opportunities – the Roland Berger Strategy Consultant announced the results of its survey carried out with...

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This year’s maize crop fulfills the domestic demand

The Minister of State at the conference of the Livestock and Meat Interprofessional Organization and Marketing Board (VHT) told on Thursday that according to the latest figures, 95 percent of...

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Shopping center operators are confident

According to analysts, domestic consumption boost is not expected. The National Trade Association (OKSZ) expects a decline of about 1-2 percent on the consumer market in 2012. The Ministry of...

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The consumption of apple has increased

According to Budai Gyula, domestic consumption of apple has increased, thanks to the sales campaign launched by the Ministry of Rural Development (VM), the Agricultural Marketing Center, the FruitVeB and...

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A five percent decline in the packaging industry

An about 5 percent drop was measured in the first half of this year in the Hungarian packaging industry. The main problem beside the general economic problems is the unfavorable...

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S&P: recession is expected in the Euro zone

This year, recession is expected in the Euro zone and it is not granted that economic growth will occur the next year – Standard & Poor's announced on Wednesday in...

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The Bolgheri Sassicaia 2009 of Tuscany became Italy's best red wine

According to the recently published edition of Gambero Rosso wine guide, this year’s best Italian red wine is from Tuscany, while the best white wine is bottled in Friuli. Three...

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Hungarian origin colored pork found in Slovakia

The inspectors of the Slovak Food and Veterinary Authority (SVaPS) found Hungarian origin, colored frozen pork in Slovakia at a reseller’s warehouse premises in Bratislava – confirmed Paulína Komárová, the...

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GfK Purchasing Power: Hungary backlogs the region

According to the Purchasing Power Study of GfK study in Hungary the per capita annual disposable annual income is 4,884 euros, the quarter of the Austrian value. The wealthiest country...

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Food prices may increase by ten percent

The Agricultural Economics Research Institute (AKI) expect a smaller, about 10 percent food price  increase in the next six months – MTI writes. This announcement may easen the already tense...

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Nielsen: dairy products’ retail sales increased both in value and volume in the first eight months

There is an expanding demand for dairy products. In terms of value, retail sales of the fourteen different categories increased by 5 percent during January-August this year, compared to the...

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Success of Hungarian wines in Stockholm

Hungarian wines were introduced in Sweden in the scope of a large-scale demonstration. The event organized by the National Foreign Trade Office (HITA) was accompanied by high attention both from...

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GKI: Domestic economic expectations remained pessimistic

GKI-Erste economic confidence index adjusted for seasonal effects has been essentially unchanged since May. A modest increase at the beginning of the year was followed by a fall in May,...

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Magazine: Trends, whys and answers – part 5

The market share of a carbonated soft drink brand, let us call it ‘A’, started to fall in one of the country’s in our region. At the same time competitors’...

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Pricing troubles by merchants

At RetailCustomerExperience.com Dale Furtwenger, the author of the book ‘Pricing for Profit’ analyses the pricing strategies of retailers. He underlines the importance of being consistent and value-centred but writes negatively...

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Hungaricum Committee opening discussion at the Ministry of Rural Development

The so-called Hungaricum Commitee has opened its founding conference on Thursday, at the Ministry of Rural Development (VM). The board consists of 15 members, and the main purpose of these...

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RSM DTM: The fiscal adjustment whitens the economy, but takes the chance of growth away

According to the RSM DTM Hungary Zrt. consulting firm, the Wednesday announced government measures on one hand will whiten the economy, but on the other hand will take away the...

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Fazekas Sándor: tobacco growing is a very important industry

Tobacco growing is a very important sector of the Hungarian Agriculture – Fazekas Sándor, Rural Development Minister said in Budapest on Thursday at the 33rd congress of the European Association...

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Analysts: real wages may decline this year

Gross wages can grow by 4 to 4.5 percent this year, so – because of the high rate of inflation – a fall may occur in real wages – believed...

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