Market News
A weird disease healed by creamcheese
Date: 2013-07-31 10:07:46
or three-year-old Fields Taylor, cream cheese is a staple in her diet. Although this type of diet might sound disgusting to many people especially since it is for such a...
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Magazine: The most successful MagyarBrand-s of last year
Date: 2013-07-30 11:45:39
This is the 4th year that Hungarian brands can compete for the MagyarBrands award, the deadline for applications is 30 June 2013. As usual, a jury of independent experts will...
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The authority suspended the distribution rights of two tobacco shop
Date: 2013-07-30 11:40:45
Decision was born in two cases already, and nearly forty proceedings are under way, due to serving young people under age 18. In addition to the fines, the suspension of...
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The OKSZ urges the NAV registration
Date: 2013-07-30 11:40:31
According to the National Retail Federation (OKSZ), the replacement of the traditional cash registers can cost more than 40 billion HUF to the traders. The authorized dealers have started the...
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The Agricultural Széchenyi Card will ease the financing of agriculture
Date: 2013-07-30 11:10:35
The Agricultural Széchenyi Card makes the funding of the Hungarian agriculture more favorable and stable – Feldman Zsolt, Deputy Secretary of State of the Ministry of Rural Development (VM) responsible...
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VAT on bread to be reduced in Romania
Date: 2013-07-30 11:00:49
VAT will be reduced in Romania to 9 percent from the current 24 percent from September within the entire bread production chain. The deficit in the budget will be covered...
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The economic sentiment indicator of the euro zone rose in July
Date: 2013-07-30 11:00:40
The euro area’s and EU’s economic sentiment indicator increased in July and indicates less pessimistic expectations – the EU Commission announced on Tuesday. In the 17-member euro area, the Economic...
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The first laboratory bred meat stuffed burgers will be tasted this week
Date: 2013-07-30 10:55:12
The first laboratory produced stem cell cultured meat-filled burgers will be served in London this week. Production costs were about 250 thousand pounds, or more than 86 million forints. The...
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Wine Communities: A better than average grape harvest this year
Date: 2013-07-29 12:10:10
According to the current outlooks, the grape growers and wine makers can harvest more than average quantity and quality of grapes this year – Horváth Csaba, the General Secretary of...
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Six HUF loss occurs per egg
Date: 2013-07-29 12:05:23
Egg producers had to switch to EU-conform larger cages until the end of July2012, which was due to the animal protection regulations of the EU. The required substantial investments thoroughly...
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Magazine: New formats and initiatives from Chicago
Date: 2013-07-29 12:02:42
Between 16 and 18 April 2013 POPAI Global’s annual meeting for member countries’ representatives took place in Chicago’s legendary Sax Hotel. The first item on the agenda was a presentation...
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HGYSZ: pharmacies are in a competitive disadvantage, compared to the drugstores and the hypermarkets
Date: 2013-07-29 12:01:31
Pharmacies have several billion HUF losses, because the range of products that can be marketed in pharmacies is continuously narrowing – the Network Pharmacies Association (HGYSZ) told MTI on Monday....
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The NAV has carried out more than 12 thousand pálinka inspections
Date: 2013-07-29 12:00:36
The finance guards of the National Tax and Customs Administration (NAV) have carried out more than 12 thousand pálinka inspections since the beginning of the year. The staff of the...
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GKI-Erste economic index stagnated in July
Date: 2013-07-29 11:55:46
The seasonally adjusted value of the GKI-Erste economic index in July stayed on the level of May. According to the GKI Economic Research Co., in the business sector a minimal...
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90 percent of the winter wheat is already harvested in Vas county
Date: 2013-07-29 11:22:03
More than 90 percent of winter wheat is already harvested in Vas county, the average yield per hectare is more than 4.6 tons, compared to last year’s 4 tons –...
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The tobacco processing industry in Debrecen to be revived with EU support
Date: 2013-07-29 11:20:41
With the more than 2.5 billion HUF investment of the Róna Dohányfeldolgozó Kft., the tobacco processing industry in Debrecen to be revived. The company won 322.5 million HUF from the...
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Luxury petfood: 40 dollar sushi-rolls for the cat
Date: 2013-07-29 08:09:18
Store employees could not believe their eye after the store sold out their super expensive sushi rolls for cats in under an hour, according to a statement released by the...
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New form of advertisement: women's thighs
Date: 2013-07-29 08:00:48
A PR agent in Tokyo is trying to get attention in the advert-saturated capital by placing adverts on young women's thighs. Participants, who must be over 18, are recommended to...
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Cash Machines: according to the OKSZ, the price war for the dealers’ 40 billion HUF is delaying
Date: 2013-07-26 12:10:51
The replacement of the traditional cash registers can cost more than 40 billion HUF to the retailers. According to the National Retail Federation (OKSZ) the cash register vendors’ interest is...
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Transactions fees increase from 1st August
Date: 2013-07-26 12:03:20
The transactions duty on electronic transfers will increase to 0.3 percent from 0.2 percent and the duty on cash withdrawals to 0.6 percent from 0.3 percent from 1st August this...
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Mobile and smartphone sales increased further in the second quarter
Date: 2013-07-26 12:00:55
The global market growth rate of mobile phone and smartphone sales continued to accelerate in the second quarter – the International Data Corporation (IDC) U.S. IT and telecommunications market research...
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The government creates an agricultural research network
Date: 2013-07-26 11:59:52
The government decided to create an integrated agricultural research network. The government's decision was published in the Magyar Közlöny (Hungarian Official Gazette). The network will include the Szeged-based Gabonakutató Nonprofit...
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NÉBIH: the flooding of the River Danube caused 2.3 billion HUF damage to the farmers
Date: 2013-07-26 11:20:31
According to the aggregate datas of the the National Food Chain Safety Office (NÉBIH), the Danube flood in June caused damages to 565 producers in a value of 2.3 billion...
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The third of the bottled pestos have unacceptable quality in Germany
Date: 2013-07-26 11:10:22
The consumer protection controls in Germany found out, that one-third of the bottled suitable quality pestos have unacceptable quality. There were brands that were contaminated with bacterias, had bad taste...
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Vegan supermarket in Vienna
Date: 2013-07-26 09:40:39
Vegans in Vienna are now able to enjoy a supermarket whose grocery and other products caters exclusively to their dietary needs. With vegan bakeries, cafes and restaurants already well-established, the...
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OKSZ: consumption will reach last year's level in 2013
Date: 2013-07-25 13:05:36
This year, the retail consumption will reach last year's level, in the second half, in certain areas it can even exceed it. This prediction is confirmed by the datas of...
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Flour will be cheaper from this autumn
Date: 2013-07-25 13:02:11
Due to the declining wheat prices, mills also reduce their prices. Poór Zoltán, CEO of GoodMills Magyarország Malomipari Zrt. told that they plan to purchase about 300 thousand tons of...
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The flavored milk can be the key sector of the dairy industry
Date: 2013-07-25 13:00:52
Between 2012 and 2015 the market of flavored milks will grow twice as rapidly, than the market of simple milk products – shows Tetra Pak’s Dairy Outlook that is published...
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Hungary against food waste
Date: 2013-07-25 12:57:09
The Member States of the European Union supported Hungary's call to reduce food losses and food waste. 14 countries immediately joined to the initative of Fazekas Sándor Hungarian Minister for...
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GfK: the market of energy drinks is on a growth path again
Date: 2013-07-25 12:55:18
The consumers of energy drinks are getting younger and younger, and lower-income households also do not save on this kind of drinks, because they purchase increasing volumes of energy drinks...
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