Market News
Easter may also be a time of fasting on the ham market
Date: 2013-03-05 20:41:00
Elevated animal feed prices and the drop in the pig stock may put manufacturers in a difficult position and increase the consumer prices of meat products. This season yet another...
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Ethical advertising
Date: 2013-03-05 20:37:23
Act 48 of 2008 on the Basic Requirements and Certain Restrictions applying to Commercial Advertising Activities regulates and in theory prohibits advertisements targeting children that would be harmful to their...
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Recommended to young people too
Date: 2013-03-05 20:29:10
The Think Healthy Programme is a non-governmental initiative with the objective of creating a safe family and institutional environment for all children in Hungary, giving them the chance to develop...
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Milks in the stores are safe
Date: 2013-03-05 12:20:38
It is safe to consume milk products marketed in Hungary. The authorities have actually found products contaminated with aflatoxin, after the Hír TV revealed that aflatoxins were found at a...
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The good potato crop and low import price may bring price decrease for the autumn
Date: 2013-03-05 12:11:41
Due to last year's drought the domestic potato crop will not last much longer, but because of the structure of imports rise is not likely to continue in the retail...
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The Hungarian sugar industry should be revitalized, at least for self-support
Date: 2013-03-05 12:08:33
According to the Minister of Rural Development’s written response to questions from MPs, the establishment of new sugar factories can be considered in the next seven years. Due to the...
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The local market in Gyula to be renewed
Date: 2013-03-05 11:00:05
The local market will be renewed in Gyula. The construction works have been started on Monday and will be finished at the end of April – Görgényi Ernő (Fidesz) mayor...
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Religious-themed Easter eggs in the British stores this year
Date: 2013-03-05 10:59:11
Tesco, Morrisons, Sainsbury’s, Waitrose and the Co-Op bowed to pressure after a three-year “pestering” campaign by figures including the Archbishop of York, Dr John Sentamu. Dr Sentamu used his Easter...
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Varied results for Technical Consumer Goods market in 2012
Date: 2013-03-05 10:34:43
The overall Technical Consumer Goods (TCG) market in Western Europe achieved a sales volume of EUR 55.9 billion in Q4 2011. This corresponds to a decrease of 4.1% compared to...
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VAT reduction: Product Advice Marketing Boards ask for the resolution of the government
Date: 2013-03-04 13:20:29
The Product Advice Marketing Boards are urging the government to decide in case of VAT reduction and called them for the disclosure of the decision. In their joint communication, the...
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KSH: trade surplus was nearly 7 billion euros in 2012
Date: 2013-03-04 12:20:08
Last year, export in euros was 0.1 percent higher than in 2011, while imports rose by 0.5 percent. The trade balance surplus was 6.8 billion euros, 237 million euros less...
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Nielsen: Costumers purchased easter sweets for about 3.3 billion HUF last year
Date: 2013-03-04 12:18:03
Hungarian food retail increased its turnover on the field of Easter sweets: almost 900 tons of chocolate bunnies, eggs and other holiday sweets were sold in teh shops in the...
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Analysts: Hungarian foreign trade performance was poor in 2012
Date: 2013-03-04 12:10:10
Analysts polled by MTI considered the performance of Hungarian foreign trade in 2012 as poor, referring to the Central Statistics Office’s flash report published on Monday. The Ministry of National...
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GKI: Falling behind more and more
Date: 2013-03-04 10:23:03
The 2012 forecast of GKI Economic Research Co. proved to be almost completely accurate: GDP fell by 1.7 per cent in Hungary. Only stagnation can be expected this year, and...
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50 m2 és kisebb
Date: 2013-03-02 20:14:24
Stores with a floor space of 50m² and below held on to their 9-percent market share from grocery value sales in the December 2011-November 2012 period – reported the Nielsen...
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Innovation: word of mouth propaganda, product sample, store shelf
Date: 2013-03-02 20:01:33
Two out of three products are doomed to fail on the market and half of innovations cannot perform as well in the second year as in the first. There is...
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Twofold oversubscribe on the National tobacco shop tender
Date: 2013-03-01 13:00:28
About twice as many applications were submitted for the tobacco shop tender than the number of licenses can be given. The picture, however is deceptive: in big cities oversubscribe was...
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The Yves Rocher and the big chain of stores are the most popular brands in France
Date: 2013-03-01 11:20:52
The Yves Rocher cosmetics company and the big chain of stores are the most popular brands in France. The long time popular major public utility companies and car manufacturers were...
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Retail sales fell further in Greece
Date: 2013-03-01 11:00:03
Greek retail sales decreased significantly in December as a result of the government's austerity measures. According to the datas of the Greek statistical office; retail sales in December fell by...
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180 hectoliters of Whisky accidentally flushed at bottling plant
Date: 2013-03-01 10:58:08
Thousands of liters of Whisky has been flushed down the drain by accident at a bottling plant in Dumbarton, Scotland. It is reported that the incident occurred during the night...
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The AEE knows everything
Date: 2013-02-28 13:07:44
The requirements of the tax control unit (AEE) were thoroughly developed at NAV. It seems that the tax officers are trying to fend off even the most devious scams. You...
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eNET: online coupon market expanded significantly last year
Date: 2013-02-28 12:10:29
The online coupon market expanded significantly by almost 45 percent last year. The online coupon market’s turnover was 6.5 billion HUF in 2012 after the 4.5 billion HUF of 2011...
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The Hungarian Quality Product Award® Application was published for the sixteenth time
Date: 2013-02-28 11:25:09
The sixteenth Hungarian Quality Product Award® application was launched with the introduction of a new category and with the establishment of a new special award. The aim of Hungary’s most...
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Horse Meat Scandal: horse meat found in another French products
Date: 2013-02-28 11:05:30
The Panzani company belonging to the Spanish Ebro group announced on Tuesday that horse meat was found in the company’s canned ravioli products marketed in France. The product was prepared...
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Budai Gyula: the government solves the problems in the meat industry
Date: 2013-02-27 13:10:01
Budai Gyula, Secretary of State of the Ministry of Rural Development (VM) was negotiating over the issues of the meat sector at the Sajó-hús Kft. on Wednesday in Felsőzsolca, where...
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Hungary also received lasagne made of horse meat
Date: 2013-02-27 12:50:36
Hungary also received lasagne made of horse meat – National Director of Food and Feed Safety department of the National Food Chain Safety Office (Nébih) told MTI. It was expected...
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It will be tough where there is no mobile data connection
Date: 2013-02-27 12:30:20
According to the release of NAV, retailers will need mobile connectivity if they want to meet the requirements of the online cashier system. In special cases, exemptions may be granted,...
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Twenty thousand packets of cigarettes were seized in Tata
Date: 2013-02-27 10:55:36
When checking an Italian shipment twenty thousand packs of cigarettes were without tax stamps – the press officer of the Mid-Transdanubian Regional Crime Directorate of the National Tax and Customs...
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POPAI Hungary Association celebrates its 10th birthday this year
Date: 2013-02-27 09:40:37
POPAI Hungary Association celebrates its 10th birthday this year. ‘Innovation around the world’ is the motto of this year’s programmes and the first event will be the ‘Trade marketing, my...
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HUF 600 billion in municipal debt consolidation on the agenda
Date: 2013-02-27 09:34:34
Easing the burden on municipalities was again on the agenda of Tuesday’s cabinet meeting. It was decided that HUF 600 billion of local council debt, including 60 per cent of...
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