Market News

Sugary soft drinks kill 180 thousand people a year

Sugar-sweetened sodas, sports drinks and fruit drinks may be associated with about 180,000 deaths around the world each year, according to research presented at the American Heart Association’s Epidemiology and...

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Food retail sales in the last 12 months increased in value, decreased in volume

In the sales of the 90 food categories measured by Nielsen, the food retail revenue increased by 4 percent, and excessed 1,370 billion HUF between Febrary 2012 and January 2013,...

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Árkád 2 opens tomorrow

After one and a half years of construction, the Árkád 2 Budapest shopping centre opens tomorrow. MTI photo: Földi Imre The new wing completes the existing Árkád 1 shopping centre...

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The government examines the possible alternatives to the establishment of the Agricultural Bank

According to a written response of the Rural Development Minister, the government is currently examining the possibilities of setting up an Agricultural Bank and conditions for implementation. The government also...

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BBOX will meet the deadline

The BBOX Informatics considers that it is able to obtain the authorization of online cashiers production before the deadline. It is planned they will be ready with the appropriate solution...

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Forbidden mutton was found at the French company that is involved in the horse meat scandal

The French health authorities have found 57 tons British mutton at the Spanghero company in Castelnaudary, southwestern France. The company is the same where the European horse meat scandal had...

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Opportunities for social inclusion for those living in deep poverty, and in segregation

The Hungarian Government is launching a comprehensive 4.7 billion-forint settlement rehabilitation programme using EU funds, for which local governments may submit their applications by 31 March 2012. The sub-measure coded...

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Magazin: Housewives dream about faster and more efficient cleaning

Experts agree that efficiency, comfort and speed are still important factors in deciding which cleaning products to put in the basket. According to Renáta Rabóczki, Unilever Magyarország Kft.’s junior brand...

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Consumers would pay more for safety

More than three-quarters of the consumers would willing to pay a premium for products that are produced according to the strictest safety standards – the research of the TÜV SÜD...

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We save on technical products masterly

We are getting more and more ably in saving money: with larger technical equipments we are waiting for the seasonal fall of prices and we are taking advantage of the...

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Cash registers: calendar to avoid a penalty

Who wants to avoid the punishment of NAV should comply with many deadlines. In order to enhance the transparency of what you need to improve and how to meet the...

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German export breaks new peaks

The German economy may export more than ever this year. The value of export may be 3.5 percent higher than in 2012 – the projection of the Federation of German...

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The Western-European advertising market is on slope

The advertising spendings in Western Europe are expected to decline by 1 percent this year, which is a worse data as of last December’s -0.3 percent – the study of...

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Horse Meat Scandal – Suspicious canned beef in Romania

The marketing of the “Ardealul” beef cans was halted in Romania for the request of the manufacturer. It is suspicious that horse meat was among the ingredients – the Romanian...

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Variations on VAT cut

The government will discuss the issue of reducing VAT on food products on 27 March. It seems tha the Minister for Rural Development, insists to the referral that was jointly...

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Tax exemption on the home distillation of pálinka was filed at the European Court of Justice

Tax exemption on the home distillation of pálinka was registered at the European Court of Justice. In the case, the European Commission has launched infringement proceedings against Hungary – the...

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Fruit trees are pruned at Tedej Group’s dairy farm

The prune of apple trees is completed, and the prune of sour cherry began at Tedej Group’s dairy farm – Bódi László, Tedej Group’s CEO told MTI. He told that...

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The Ukrainians spend more on alcohol, cigarettes and illegal drugs than on clothing and shoes

According to the datas of the Ukrainian State Statistics Office published on Wednesday, the Ukrainians spent more on alcoholic beverages, tobacco and illegal drugs last year, than on clothes and...

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15th March is the international day of consumers

World Consumer Rights Day (WCRD) is an annual international occasion. The day aims to enhance solidarity within the international consumer movement. March 15 gives us an opportunity to promote the...

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How long may the fast winds blow for the Hungarian meat industry?

Is this the nadir, or is it possible to screw more on the machine pressing the sector? – Éder Tamás president of the Meat Association gave this title of his...

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KSH: agri producer prices rose by 18.1 percent in January

In January, the agricultural producer prices rose by 18.1 percent, compared to the same period of last year – the Central Statistics Office announced on Wednesday. The data corresponds to...

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Fierce competition and a steep increase in e-commerce

More and more people choose online shopping instead of classical in Hungary – shows the comprehensive market analysis of Olcsóbbat.hu and UNAS involving more than 2,000 partners of webshops. 68...

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The Hungarians like schnitzel and fried potatoes the most

Cottage cheese, stew, schnitzel and fried potatoes or pancakes? These are foods that the Hungarian housewives like to prepare. But which meal is on the table of the Hungarian families...

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Agricultural Conference: irrigation could increase grain yield

The annual 15 – 16 million domestic cereal production can be increased to 20 million tons per year with proper irrigation – Jakab István, Vice President of the National Assembly...

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Budapest Bank: 14 percent of the small businesses have loans

Currently, only 14 percent of the micro and small enterprises have loans. 46 percent of them has overdraft loans, 19 percent have Széchenyi Card Overdraft Loan, and 10 percent have...

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U.S. retail sales rose in February

U.S. retail sales rose by 1.1 percent in February, above the expected 0.7 percent – the Ministry of Commerce announced. The owners of websops and construction department stores have experienced...

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Investigation was launched in Romania, due to contaminated turkey meat

Romanian authorities have initiated an investigation after turkey meat treated with antibiotics from Romania was found by German authorities in Germany. Vladimir Manastireanu, vice president of the Romanian Animal Health...

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GKI: An economic recovery plan, apart from a fairy tale

A blueprint of the government's actions for the 2014-2018 period. You can download the report from here....

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Hungarians purchase milk and bread more often than the European average

Most people considers the favorable price / performance ratio as the most important factor when buying milk, meat, poultry, and deli goods. The majority of the Hungarian costumers purchase meat,...

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GfK: mineral water is still a good business

The Hungarian population consumes mineral water several times a week, in practice it has become part of the daily diet. An average household is purchasing about 330 liters a year,...

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