Market News

eNENET-Telekom: a report on Internet Economy

The gaining ground of smart phones is in momentum in Hungary – the service providers have exceeded last years 800 thousand sales already until October 2012, and thanks to the...

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Sopron’s wine-growing area increased last year

Sopron’s wine-growing area increased by more than eighty hectares last year. Two hectares were cut off, while ninety-seven hectares were planted in 2011. Beside a medium yield, year 2011 was...

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Cetelem: Christmas Tablets on easy terms

Although the businesses are ready since November, we start getting Christmas gifts later an later. We buy the chosen products in the last weeks of December on easy terms and...

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Ministry of Rural Development: there will be no food price explosion

The Ministry of Rural Development (VM) believes on the basis of the study of the Agricultural Economics Research Institute (AKI) that there will be no food price boom in the...

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Four hundred million USD investment for sustainable cocoa production

The world's largest chocolate company the Mondelēz that belongs to Kraft Foods launches its “Cocoa Life” sustainability effort. The company plans to invest 400 million USD in the next ten...

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Gift sets for all ages

Unilever, the market leading cosmetics gift set producer, compiles most of its sets from ‘bestsellers’ and novelty products this year. In addition to well-established gift sets, the company also prepares...

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Demonstration for the Hungarian meat industry

The Union of Meat Industry Employees (HDSZ) organizes a nationwide demonstration in the next week. They will protest to protect the jobs in the meat industry – HDSZ told MTI...

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The market of Kolosy square was handed over in Óbuda

The Kolosy square market was re-opened in the 3rd district of Budapest – the local government informed MTI on Wednesday. The market – that kept its former tavern, inn, stables...

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GfK Hungária expects more conscious gift purchasing

The experts of GfK Hungária’s Retail and Technology area expect more conscious gift purchasing this Christmas from the buyers. Properly to the trends of the previous years, increase in demand...

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NGM: retail sales are stagnating or decreasing throughout Europe

The unfavorable retail data is not only a Hungarian phenomenon, the trend is typical in many other countries and regions of Europe – the Ministry of National Economy (NGM) told...

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The Milk Marketing board would consult with the Ministry on the draft of the land law again

The Milk Marketing Board Interprofessional Organization requests the Rural Development Ministry to consult again over the draft of the land law again with the Milk Marketing Board, because they are...

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K&H SME confidence index: liquidity is drying out

According to the latest K&H SME confidence index carried out among domestic SME managers, the deadline of customer accounts increases again also accompanied by worsening expectations. In parallel, the execution...

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The local government of Kapuvár opens a meat store

The local government of Kapuvár opens a meat Store, because due to the liquidation of the Kapuvár Meat Co. the closure of the company’s store caused meat supply problems in...

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U.S. “Black Friday” More customers with smaller wallet

This year, more customers were purchasing during the “Black Friday” action in the United States. However, they spent less than last year – shows the first summary, published during the...

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Having a mobile phone will access internet – maybe

More than half (55 percent) of the people use their mobile or smart phone devices at least once a week for online activities – shows the survey of Ipsos. If...

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Retail sales fell by 3.1 percent in September

In September, the volume of retail sales decreased by 3.1 percent, compared to last September and in the first nine months of the year it was 1.5 percent below the...

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GfK: decreasing overspending in December

In December, households are spending more on fast moving consumer goods, than in the other months of the year, but this difference is decreasing year after year – shows the...

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OKSZ: the amount of the decline in retail is worrisome

The analyst of the Savings Bank and the National Trade Association (OKSZ) calculates with an average of 1.7 to 2 percent downturn in retail for this year. According to the...

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Coop is the second in the rankings after Tesco

Relentless price competition and market restructuring taking place on the declining retail market among the retail chains – Heti Válasz writes. Earlier this year, the French Auchan took over the...

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More than 90 tons of non-perishable food donations were collected by the Hungarian Food Bank Association

In the scope of the Hungarian Food Bank Association customers donated ninety-three tons of long-term food to families in need at the collection points set up in food stores. The...

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Potatoe prices are increasing unstoppable

From potatoes half of the amount has grown this year. According to the estimates of the National Association of Potato Marketing Board, domestic potatoes will run out of stocks in...

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The advantages of retailers

The advantages of the small businesses are in fresh and specialty products. They have preserved their importance in small towns, providing work for hundreds of thousands of people. The small...

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Entrepreneurs seek for budgetary resources to replace cash registers

The IVSZ (IT, Telecommunications and Electronics Enterprises Association) and the KISOSZ (National Federation of Traders and Caterers) are expecting government subsidies for the building out of the cash register system...

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U.S. consumers will spend 586 billion USD for Christmas shopping

The Christmas shopping season in the U.S. starts sfter Thanksgiving with the so-called Black Friday. The NRF predicts that in the next one month a total of 586 billion USD...

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Forty-six million turkeys will be eaten on Thanksgiving Day

CNN U.S. news televison summarized interesting informations related to Thanksgiving Day. In the United States, the modern Thanksgiving holiday tradition is commonly, but not universally, traced to the1621 celebration at...

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EU enlargement a “two-way street” benefiting both parties

Internal stability and values shared by member states are what the European Union should “export” in exchange for “importing” diversity, natural resources, innovation potential and the prospect of economic growth,...

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Trade mark has been introduced to guarantee the high quality of Pálinka

From now, the high quality of Hungarian pálinka will be guaranteed by a Pálinka trade mark system, which was the initiative of the Pálinka Céh Egyesület and was jointly developed...

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Interests doubled towards 'Black Friday' in Romania

Interests doubled towards 'Black Friday' in Romania, compared to last year. 2.4 million people are preparing to take advantage of the significant discounts of the traders – shows a survey,...

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In Europe, SMEs are creating most of the new jobs

The European Commission has found that small and medium-sized businesses are creating 85 percent of the new jobs in the EU. 67 percent of employees are employed by SMEs by...

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From kindergarten kitchens to Coca-Cola – gardeners found new markets

“From now on, the Coca-Cola bottling plant in Dunaharaszti will produce its apple juice using Hungarian apples instead of imported ones”, announced the Minister for Rural Development in Dunaharaszti, while...

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