Market News
Companies wait and see within the uncertain labor market position
Date: 2012-12-11 11:32:32
Hungarian employers expect uncertain labor market position for the first quarter of next year. More than three quarters of them are not planning to change the number of the staff,...
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Flight attendants refuse to smile
Date: 2012-12-11 10:56:22
The Cathay Pacific Airways Flight Attendants Union, which is demanding a five per cent salary increase from Hong Kong's flagship carrier, said the “work-to-rule” measures could also throw flight schedules...
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Positive economic sentiment in Germany
Date: 2012-12-11 10:12:24
The sentiment index of German ZEW economic research institute became positive in December – the Mannheim-based Institute announced on Tuesday. The German ZEW sentiment index became plus 6.9 points in...
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KSH: in spite of the unfavorable weather the value of agricultural output remained on level
Date: 2012-12-10 12:41:01
The agricultural output in 2012, was 0.7 percent higher, compared to the previous year, as a result of the 11 percent decline in volume and the 13 percent increase in...
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Nearly 3.5 billion HUF was spent by the consumers last year for Christmas packages containing personal care and cosmetics
Date: 2012-12-10 12:40:15
Retail sales of cosmetics and personal care products increased greatly during last pre-Christmas season last year. In fact, consumers spent 13 percent more on them during the last four months...
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Comprehensive European study: the majority of webshops do not meet consumer protection rules
Date: 2012-12-10 11:40:40
75 percent of the online shops, does not meet the European Union's consumer protection standards – the European Commission states. The European Commission announced the results of its comprehensive study...
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NAV Receives four and a half billion forints to install the cash registers
Date: 2012-12-10 11:40:11
According to the government's decision, 4.5 billion HUF resources should be provided to the National Tax and Customs Office (NAV) to the installation of cash registers that are connected to...
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OECD: Hungarian economy is over the low point
Date: 2012-12-10 11:15:09
According to the indicator of the Organisation for Economic Co-operation and Development (OECD) showing the changes of the Hungarian real economy’s business cycle, the Hungarian economy is over the nadir....
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210 million online buyers in China
Date: 2012-12-10 10:59:05
More and more people buy on the Internet in China. The East Asian country will become the world's largest e-retailer, and in the middle of the decade it may become...
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Abuse at the psychiatry
Date: 2012-12-10 10:37:24
Should you, or anybody you know suffer any kind of abuse throughout a psychiatric treatment, or if you happen to hear of any kind of wrong treatment, please let us...
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GKI: Decreasing consumption and investments
Date: 2012-12-07 13:34:57
Following the 1.5 per cent decline in 2012 the Hungarian economy will only stagnate in 2013, which will be the second weakest result in the region after Slovenia. As a...
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OKSZ: in spite of spending more, we buy less gifts due to the inflation
Date: 2012-12-07 13:05:22
The National Trade Association (OKSZ) expects higher Christmas retail spending than last year, while the volume of the purchased goods may be less. The reason is this year’s high inflation....
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Wine has become the most important export product within the Hungarian agriculture and food sector
Date: 2012-12-07 13:00:33
China became Hungary’s third largest wine export market outside the European Union. Hungarian wines were sold in China in 2011 in a value of almost 1.9 million euros, and the...
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The Pólus Center renewed from more than one billion HUF
Date: 2012-12-07 12:50:11
The largest owner, the CBRE Global Investors renewed the 1996 built Pólus Center from more than one billion HUF – Gijs Klomp said, the company's director of acquisitions announced at...
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Czerván: there will not be significant food price increase
Date: 2012-12-07 12:32:34
In recent months, food prices increased in Hungary by an average of about 6 percent. It is no need to fear from price increases, although the government keeps the issue...
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Secure online shopping for Christmas
Date: 2012-12-07 11:16:52
According to the recent survey of the G Data Antivirus manufacturer up to 2.5 million Hungarians can buy via the Internet for Christmas this year, including more than half a...
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Superbrands Gala: a gallery
Date: 2012-12-06 12:46:53
The fifth edition of the Superbrands Hungary Programme came to an end with the Superbrands Gala. The ceremony created with the purpose of rewarding exceptional brands’ performances within the Superbrands...
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Self-restriction in food advertising for children: also confirmed in Hungary
Date: 2012-12-06 12:01:24
Eight major companies in Hungary created the platform of companies that will comply to the voluntary self-restriction of the EU pledge in the presence of Szalai Annamária, President of the...
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A model project will be started to increase fish consumption in Hungary
Date: 2012-12-06 11:38:11
President of Békés County Council Zoltán Farkas and State Secretary for Rural Development Zsolt V. Németh signed a cooperation agreement on Thursday in Békéscsaba regarding the development of a model...
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NFC capability conquers on the mobile market
Date: 2012-12-06 11:00:46
The Magyar Telekom, Telenor and Vodafone mobile service providers have selected the devices that are recommended to the Mobile Wallet Service. The world's top ten mobile phone manufacturers, placed their...
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An interview with André Mohr, from Akciokatalogus.hu
Date: 2012-12-06 10:46:44
Akciokatalogus.hu collects the catalogues of various merchants in one place, and offers them based on location. Each necessary information is listed: maps, open hours, coupons, special offers etc. Besides, users...
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The vast majority of customers believe that consumer rights are stonger in shopping centers than in small shops
Date: 2012-12-05 12:13:27
Seventy percent of the consumers believe that consumer rights are stonger in shopping centers than in small individual shops – shows the research of Nielsen and the CP Contact Fogyasztóvédelmi...
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One-fifth less pálinka
Date: 2012-12-05 12:10:50
This year, about 20 percent less home-made pálinka will be brewed, because less fruit has grown due to the summer drought and spring frosts – said Mihályi László, General Secretary...
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Large decrease in the euro zone’s retail sales
Date: 2012-12-05 12:00:54
The largest decrease of the past six months occurred in the retail sales of the euro zone in October. The volume declined by an average 1.2 percent compared to September...
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The government complies on meat firms with the local governments
Date: 2012-12-05 11:40:21
The government reviewed the issues on Gyulai Húskombinát and the meat plant of Kapuvár and Pápa in the scope of its Wednesday meeting and initates consultation for next Monday with...
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Hungary’s first shopping mall library opens in Eger
Date: 2012-12-05 11:15:31
The first shopping mall library of Hungary opens in Eger, at the Agria Park Shopping Center on Friday. It will be the branch library of the Bródy Sándor County Public...
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Cafés and shops may open in the soon moving FBI headquarters
Date: 2012-12-05 10:40:17
The FBI headquarters in Washington will move from the heart of the city in a few years – The Washington Post wrote. “The FBI cannot afford to continue the status...
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Even more dynamism at the 25th LUXE PACK Monaco trade fair
Date: 2012-12-05 09:51:17
Between 24 and 26 October the Grimaldi Forum in Monte Carlo was the home of this year’s forum for luxury packaging. LUXE PACK is held in Monaco, New York and...
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GfK: the amount spent on Christmas sweets remains on last year's level
Date: 2012-12-04 13:25:33
Last year 10.2 billion HUF, the year before almost 10.5 billion HUF was paid to Christmas sweets by domestic consumers. This year it is expected that the level of spending...
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People save for Christmas at the markets – The decrease of demand leads to oversupply on the egg market
Date: 2012-12-04 13:10:23
A few weeks before Christmas, less than usual is spent on markets, compared to the recent years. The approach of Christmas has shaken up the egg market. But this year...
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