Market News

The reduced VAT is expected to be introduced in the Romanian meat industry

The reduced 9 percent VAT is expected to be introduced in the Romanian meat industry -Achim Irimescu Minister of State for Agriculture announced on Wednesday. The Minister of State said,...

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Men prefer buying cosmetics online

More and more men buy and use cosmetics, but because of stereotypes they purchase hair dye or anti-aging cream online. According to market research company Mintel, when buying online men...

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Mazars: CFO study

Reviewing the performance of peers and comparing oneself to that benchmark is a powerful tool that leaders can use to identify performance gaps within both the Finance department and the...

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Tobacconists are reporting online to the tobacco company

The online registration system of tobacco shops has started at the NDN Zrt. Until now 5503 stores have registered in the system, of which 4615 are forwarding to the datas...

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KSH: the value of exports calculated in euros increased by 0.9, the value of imports increased by 1.1 percent in January-August

According to preliminary datas, exports amounted to 53.5 million euros (15 850 billion HUF), in January-August this year , while imports of to 49.0 million euros (14 485 million HUF)....

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Higher yields, higher purchase prices at the Szekszárdi wine region

Grape yields are expected to be higher with higher acidity content at the Szekszárdi wine region, where the farmers have finished with half of the harvest. Winemakers interviewed by MTI...

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Cattle exports soon to be restarted to Belarus

Cattle exports can soon to be restarted to Belarus, and there is a hope that cooperation starts between the Rába and the Belarusian mechanical engineering flagship company the MTZ –...

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Fish festival will be held in Siófok for the first time

A fish festival will be held in Siófok for the first time. Fish dishes will play the main role at the event, but entertainment programs will also await the audience...

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The ratio of the Slovak national foods are declining in the Slovakian outlets

The proportion of domestic food products steadily declining in the Slovakian stores since the country's accession to the EU, currently it is 39 percent – the survey of the Slovak...

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Magazine: PET bottle caught up with carton among fruit juices

Just like in previous years, the fruit juice market was contracting last year and so far 2013 doesn’t look good either. Balázs Bogár, junior trade marketing manager with Sió Eckes...

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There is a need for more pigs to make sausage

The domestic population of heavy pigs used for sausage-making is still significantly less than what would be needed to make this kind of food product from meat, exclusively from Hungary....

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The consumer protection authority examined the quality of dry pastas

According to the targeted study of the National Consumer Protection Authority (NFH), approximately 20 percent of the dry pastas does not meet the requirements , in terms of acid degree,...

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Sentix: no improvement in investor sentiment in the euro zone

According to the latest sentiment index of the Berlin-based Sentix Economic Research Institute, Euro zone’s investors are moderately optimistic. The indicator carried out by using the six-month projections of nearly...

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Wine is too cheap

China's wine producers ask the government to review European imports, claiming that European wines are marketed on a dumped price on the Chinese market. In recent years, the EU’s wine...

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A wave of pessimism rises in China

China’s interest-rate traders are the most pessimistic on economic growth in 21 months, as Fitch Ratings says policy makers are focused on fixing the nation’s banks to avert an industry...

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Starting contractors can not receive support

It is a bad news for those entrepreneurs who wanted to get the 50 thousand HUF support to change their cash machines. The Government’s order does not support the exchange,...

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Szijjártó: a program based on four pillars helps the access of SMEs to foreign markets

The Program, in the scope of the cooperation of the Hungarian National Trading House, the National Foreign Trade Office, the Association of Hungarian Investment and Trade Cooperation helps the Hungarian...

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Tobacco industrial investors: the cigarette market has one of the highest tax burden

According to the Hungarian Association of the Tobacco Industry Investors (DBMSZ) the cigarette market has one of the highest tax burden in Hungary, the total tax content of cigarettes is...

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Retail sales increased in the EU

Retail sales increased by 0.7 percent in the euro zone and grew by 0.4 percent in the European Union in August, compared with the previous month – the Eurostat announced...

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Cabbage farmers trust in conscious consumers

Hungarians cabbage farmers closed an up and down year. While the first half of the year was good for the industry, in recent times the demand as well as the...

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The European Council calls for improvements in food safety

The Parliamentary Assembly of the European Council urged to improve food security in Europe in its resolution adopted on Thursday night. According to the document, beside the increased monitoring of...

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Czech retail sales fell in August

In August, the annual retail sales fell by 0.3 percent in the Czech Republic – the Czech Statistical Office announced on Friday. According to the the Czech Statistical Office, the...

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KSH: the volume of retail sales increased by 1.5 percent in August

The calendar-adjusted volume of retail sales increased by 1.5 percent in August, compared to the same period of last year – the Thursday released flash estimate of the Central Statistics...

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Analysts, the NGM and the OKSZ also expect a continuous expansion in retail sales

Because of the overhead reduction and the increase of wages above the inflation rate, retail sales continue to rise further, but the terms of the growth can be questioned in...

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Vámos György: a company does not fulfill its commitment to the NGM

It is a shame, that there is a company, which does not fulfill its commitment to the NGM. The company signed an agreement with the NGM, that they will sell...

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The domestic dairy industry expects EU funds to increase its competitiveness

The expected termination of the milk production quota in January 2015 will cause a new situation on the dairy market. The Hungarian dairy industry must prepare for increasing competitiveness –...

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KSH: trade surplus rose to 448 million euros in July

In July, exports increased by 4.8 percent and imports increased by 4.0 percent compared to the previous year. Calculated in euros, trade surplus rose by 68 million to 448 million...

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Price is the most important for the Czechs when shopping food products

According to a national survey, carried out by STEM/MARK polling institute, the price is the most important for 82 percent for the Czechs when shopping food products. According to sociologists,...

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Codes in several dimensions

Having become accustomed to the fruits of digital technology, it is hard to imagine how we had managed to live without them in the past. Retail has never been a...

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Purchasing with a bank card would be tax free from 2014

According to the informations of origo.hu, the financial sector has to pay the bank tax again next year, but it seems that the state will give up its transaction tax...

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