Market News
Humans produce 300 million tons of meat every year
Date: 2013-01-11 12:10:00
The human kind’s “hunger for meat”has reached a record high level – a German report states. According to the reports, the consumption rate of beef, pork and poultry meat products...
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The price of poultry products may increase by 10 percent in the spring
Date: 2013-01-11 12:00:55
According to the informations of the Magyar Hírlap, an annual 40-50 million chickens are slaughtered illegally in Hungary. In March a 10 percent increase may occur in the price of...
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Several countries have joined to the action against the Four Paws
Date: 2013-01-11 11:25:12
The European Fatty Liver Association is exploring the possibility of how to act together against the Four Paws. The organization's actions caused losses to consumers, so senseless animal protection must...
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Slovakia prepares to introduce the “VAT Lottery”
Date: 2013-01-11 10:59:12
The Slovak Finance Ministry plans to launch”VAT Lottery” later this year. The ministry would like to increase the VAT income of the state – Bratislava Pravda reported on Friday. According...
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Wine culture center opens in Tokaj- Hegyalja
Date: 2013-01-11 10:55:02
The Basilicus Szőlőbirtok opens a Wine culture center in the first half of this year in Tokaj- Hegyalja. The facility aims to present the past and present of the historical...
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Food price increase may slow
Date: 2013-01-10 13:12:06
Usually the year starts with a drop in prices. But the food prices fall lasted only for a week. In the second week of January prices became higher. According to...
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China buys wheat from America again
Date: 2013-01-10 11:15:22
China buys wheat from the United States and from Canada again after domestic product prices have risen to a record high level, while wheat prices on the global markets became...
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GfK: Consumer sentiment has improved slightly
Date: 2013-01-09 13:12:15
The value of GfK Hungária’s Complex Consumer Confidence Index as well as the value of its Propensity to Buy Index increased slightly in the last quarter of 2012, while the...
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Analysts: foreign trade surplus remains high
Date: 2013-01-09 11:50:26
Due to the low domestic demand, foreign trade surplus remains high this year – analysts told MTI. According to the preliminary datas of the Central Statistics Office (KSH) published on...
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KIK: the school milk program continues in the public schools
Date: 2013-01-09 11:45:24
This year, the school milk program continues in the educational institutions, operated by the state – the Klebelsberg Intézményfenntartó Központ (KIK) (Klebelsberg Institution Maintenance Center) told MTI on Wednesday. As...
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Cooperation in order to develop the Chinese-Hungarian economic relations
Date: 2013-01-09 11:25:34
The National Foreign Trade Office (HITA) and the Hungarian-Chinese Chamber of Commerce (ChinaCham Hungary) signed an agreement on January 8. The HITA and the ChinaCham Hungary wants to help the...
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The tobacco industry will nor recover from EU's proposed new tightening measures, says a German weekly newspaper
Date: 2013-01-09 11:20:32
The European Commission's recently announced anti-smoking measures influenced real bad by the tobacco industry and will hardly to be able to recover from the shock of December – Der Spiegel...
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Oregon beer lover makes brew for dogs: Dawg Grog
Date: 2013-01-09 10:42:46
An Oregon man who loves beer and loves his dog has concocted some hooch for the pooch. Daniel Keeton works at Bend's Boneyard Brewery tasting room and calls his canine...
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Budai Gyula: no reason to combine meat plants
Date: 2013-01-08 13:58:59
The domestic meat plants have their own products, brands and markets, so it is not appropriate that the state-municipally owned companies to deliver closer cooperation – Budai Gyula Minister of...
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Magazine: Gift trends and POPAI awards
Date: 2013-01-08 13:14:38
Business and promotional gifts were on the agenda of the year’s last Trade Marketing Club meeting that took place in the BKIK building. One of the club’s founders Zsuzsanna Hermann...
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Hungary is unlikely to help the Russian grain shortage
Date: 2013-01-08 12:50:28
It is unlikely that Hungary can win on the grain shortage in Russia. The Russian animal farmers have to buy 1.5 million tons of feed grain, because last year’s crop...
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EU retail turnover decreased on an annual basis
Date: 2013-01-08 11:42:50
On a monthly comparision the volume of retail turnover increased compared to the previous year in November 2012 in the eurozone and in the EU – Eurostat announced on Tuesday....
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Randstad: eight out of ten Hungarians are preparing for recession
Date: 2013-01-08 11:40:45
In Hungary, 78 percent of workers expect a further worsening of the economic situation – shows the survey of Randstad labor market service provider. The survey also shows that after...
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London analysts: the November industrial production data forecasts a deepening recession
Date: 2013-01-08 11:35:21
The Hungarian industrial production datas of November, suggest that in the fourth quarter of last year the Hungarian economy’s recession has continued to deepen the, however, this year, the automotive...
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The Carpathian Region Business Network has expanded with a new office
Date: 2013-01-08 11:22:55
The development office of the Carpathian Region Business Network was opened on Tuesday in Dunaszerdahely. At the opening ceremony, Szatmáry Kristóf Minister of State at the National Economy Ministry responsible...
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Food inspecting is on
Date: 2013-01-08 09:48:13
The consumer protection actions before the holidays will be announced. Locked vegetable shipments, several tons of destroyed potatoes, beet coming from Germany, but sold with Hungarian tricolor, Polish eggs with...
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The meat industrial bomb is still ticking
Date: 2013-01-07 13:15:16
According to the plans announced on Monday in Gyula, a local governmental-owned meat company will be formed, that will purchase the bankrupt and beyond redemption Gyulai Húskombinát’s assets and can...
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Ipsos: Money, That’s What I Want
Date: 2013-01-07 11:37:43
Ipsos Open Thinking Exchange (Ipsos OTX) and Ipsos Global @dvisor are pleased to share the latest proprietary global infographic and commentary on the trends and behaviors that define people’s lives...
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Workania: 12 percent of the workers received 13th monthly wage
Date: 2013-01-07 11:25:15
The proportion of Hungarian workers who received 13th monthly wage decreased from 14 percent (2011 data) to 12 percent last year – shows the most recent survey of fizetesek.hu operated...
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The direct sales of processed products have become increasingly popular in villages
Date: 2013-01-07 11:24:48
According to the Young Farmers Association, villagers have returned to livestock, after the regulation of the direct sales of processed products became softer. The affected farmers need to use stricter...
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The Slovak economy almost caught up with the performance of the Czech Republic
Date: 2013-01-07 11:00:53
Twenty years after the establishment of the Slovak Republic, at end of last year, the performance of the Slovak economy almost caught up with the performance of the Czech economy...
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The Italians do not purchase even during winter price reductions
Date: 2013-01-07 10:48:06
Italian households purchase the half the amount during winter price reductions as the economic crisis began. Experts say the government's austerity measures have led to a reduction in consumption. According...
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Magazine: Canned fish: swimming upstream
Date: 2013-01-04 16:15:35
Although fish consumption in Hungary is still way below the European average, the slow conquest of health trends had a favourable effect on fish and canned fish sales in the...
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Global survey about how FMCG-customers get information about certain products
Date: 2013-01-04 15:30:50
Twenty-nine percent of Hungarian customers get information of food and beverages at the venue of the purchase, while another 21 percent finds out useful stuff about sales via friends, family...
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Troubled meat plants would be saved from billions of forints
Date: 2013-01-04 14:10:03
According to the informations of Magyar Nemzet, approximately five and a half billion forints would be spent by the affected municipalities to the recapitalization of the meat plants of Kaposvár,...
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