Market News
The 120-year old pálpusztai cheese is applying for the Hungaricum title
Date: 2012-07-20 12:40:52
The pálpusztai cheese celebrates its 120th birthday this year. The old cheese specialty can still compete with the world-famous Dutch and French products on the domestic market. The “odor” feature...
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The European food safety alert is effective
Date: 2012-07-20 12:12:39
The report of the European Commission highlights that thanks to the EU food and feed safety alert system (RASFF) a number of food safety risks were resolved or eased –...
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Meteorite flavored wine
Date: 2012-07-20 10:55:29
Thanks to Ian Hutcheon, owner of the observatory Centro Astronomico Tagua Tagua, in Chile, you might one day see “meteorite” join these enological flavors. The Englishman, who also owns a...
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The Hungarian government adopted the Hungarian Product Regulation
Date: 2012-07-19 13:00:20
The government adopted the Hungarian Product Regulation on Wednesday – announced Fazekas Sándor, Rural Development Minister in Thursday morning's 180 perc show of MR1 Kossuth Radio. The Minister summarized the...
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The number of Internet users increasing slower than before
Date: 2012-07-19 12:55:38
In Hungary, 62 percent of the population aged 15-69, almost 4.6 million people uses the internet at least monthly. Although Internet penetration has not stopped, the pace slowed down considerably,...
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KSH: average gross wage was 220,700 in the first five months
Date: 2012-07-19 12:50:20
In the first five months of 2012 the gross average wages increased by 4.4 percent, the net average wages without taking the family allowances into account rose by 1.7 percent...
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Magazine: Consumer demand targets quality paper products
Date: 2012-07-19 12:34:55
The household paper market is stable, with a small restructuring taking place. Experts agree that the crisis is not over yet, consumers are price-conscious and promotion-sensitive. According to Judit Tóth,...
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QR-code payments before a break-through in Hungary
Date: 2012-07-19 12:20:48
Until the end of next year the number of buyers who are able to pay with QR code can reach the critical threshold of about 200 thousand smart phone users....
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OKSZ: trade’s position can improve
Date: 2012-07-18 13:20:57
The most important elements of the job protection action plan is expected to contribute those sectors that have diverse employment structure, such as the trade – told the National Trade...
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Melon Market: cooperation with the trading companies
Date: 2012-07-18 12:40:05
To reach success in the Hungarian agriculture, including the watermelon sector cooperation is essential – emphasized Fazekas Sándor Rural Development Minister on Wednesday in Budapest, at the opening event of...
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HENT: every seventh Hungarian bought fake products in the past year
Date: 2012-07-18 12:35:29
In the past year, 14 percent of the population purchased fake products at least once, while in the previous year this figure was 13 percent – the National Board Against...
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NÉBIH: most of the wheat, barley and canola has been harvested
Date: 2012-07-18 12:20:08
Most of the wheat, barley and canola has been harvested. Harvest is completed on 81 percent of the arable land of the three plants on more than 1.4 million acres...
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Magazine: Western trends in Hungarian grill product counters
Date: 2012-07-18 11:48:57
Grill product importer Landhof Hungária Kft. is also working on bringing international innovations to Hungary. Key account manager Péter Gnám told us that demand for new products is growing. This...
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Extreme pizzas are popular
Date: 2012-07-18 08:20:27
The health authorities of Zurich banned pizzas that contain spider,- scorpion, and snake poisons. Poisonous pizzas only contain non-lethal, only a small dose of poison. “My poisonous pizzas were very...
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More than Two-thirds of global consumers surveyed changed spending habits to save money
Date: 2012-07-17 14:04:08
Global consumer confidence declined three index points to 91 in Q2 2012, and is up two index points from the same period the previous year (Q2 2011), according to global...
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GfK: sports events can increase the beer and snacks sales
Date: 2012-07-17 13:30:15
The major sport events can increase the sales of beer and snacks, but the general economic situation and the weather significantly affect the turnover as well. According to the household...
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KSH: growing cattle, decreasing pig population
Date: 2012-07-17 13:10:39
In the past six months, the number of cattle and sheep increased, while the number of pigs decreased – announced the Central Statistical Office (KSH) on Tuesday. The number of...
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Bread prices will increase significantly in the autumn
Date: 2012-07-17 13:00:26
According to the grain-milling industry participants, bread prices may increase significantly by as much as 15 percent in the autumn. Retailers, consider that a more moderate, single-digit price increase will...
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The dairy farmers can be the big losers of the land law
Date: 2012-07-17 12:10:28
The agricultural companies could only have the right to lease lands with the pre-employment of a certain number of employees – can be read in the land law submitted to...
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The removal of wine by-products and distillation will be simplified
Date: 2012-07-17 11:50:28
The Ministry of Rural Development (VM) simplifies the procedures related to the removal of wine by-products (marc and lees) and the procedures related to distillation will be more simple as...
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Samsung leads on the market of smart phones
Date: 2012-07-17 11:42:49
Samsung increased its lead in front of Apple and Nokia on the global smartphone market – states the analysts of the Reuters news agency. Samsung, thanks to its new top...
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EC is not willing to get involved in the issues of the milk-market
Date: 2012-07-16 21:28:31
Since the beginning of 2012, a drop in the demand for dairy products on world markets has led to a significant decrease in market prices for these products between January...
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Black grain trade decreased by more than 50 percent
Date: 2012-07-16 13:10:02
Black grain trade in Hungary decreased by more than 50 percent, following the 1 July introduction of the reverse VAT – Vancsura József, Chairman of the National Association of Cereal...
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Magazine: Preferential Sourcing System: economising and market opportunities
Date: 2012-07-16 12:43:42
VOSZ-BESZ Zrt. was founded by the National Association of Entrepreneurs and Employers (VOSZ). It worked out a Preferential Sourcing System (KBSZ): those companies that join the system provide SMEs with...
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In Europe we are the champions in price increases
Date: 2012-07-16 12:10:10
In the EU Member States, the harmonized consumer price index was 2.6 percent, in the euro zone it was lower: 2.4 percent. The EU’s statistics show that in Hungary this...
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Company establishments are weakening due to coupon offers
Date: 2012-07-16 11:55:28
The demand for company establishments are weakening for years: while before 2008 the number of businesses increased generally by 5-6 percent annually, it has fallen below 2 percent nowadays –...
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Melon exports started in Eastern Hungary
Date: 2012-07-16 11:40:23
Melon exports have started from the East-Hungarian region. The region's largest exporter company, the Nyíregyháza-based Rádium Kft. has shipped about 50 trucks of melons to the Northern European countries until...
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U.S. retail sales further declined in June
Date: 2012-07-16 11:00:02
Instead of the expected rise, the U.S. retail sales continued to decline in June – announced the United States Department of Commerce. After the 0.2 percent drop in May, sales...
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Is wine really the new energy drink?
Date: 2012-07-16 09:00:32
The active ingredient of red wine, the resveratrol increases physical performance, so Canadian researchers hope to use the ingredient in the form of stamina tablets. Resveratrol discovered long time ago...
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TV Eaters – IPTV on the Rise
Date: 2012-07-16 08:36:48
In Hungary leisure time at home has become synonymous with television viewing in the last 25-30 years. Watching TV is a typically passive activity for which content providers found no...
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