Market News
The Year of the Horse has arrived in China
Date: 2014-02-03 11:01:39
The first day of the 2014 Chinese New Year is on January 31, 2014 in China's time zone. This day is a new moon day, and is the first day...
Read more
Ten million HUF worth smuggled cigarettes were found in Szabolcs county
Date: 2014-02-03 11:00:59
More than ten million HUF worth smuggled cigarettes were found in backpacks of four men from Tuzsér in Szabolcs county. Fehérvári Marietta, press officer of the Szabolcs-Szatmár-Bereg County Police told...
Read more
Pokorny Lia, Rákóczi Feri and Szilágyi Áron were searching for the secret of the good bread
Date: 2014-01-31 12:20:50
Pokorny Lia, Rákóczi Feri and Szilágyi Áron, who are the ambassadors of the National Food Chain Safety Office (NÉBIH) became a baker for a day. The ambassadors of NÉBIH get...
Read more
KSH: export surplus increased further in November
Date: 2014-01-31 12:15:07
The value of export in November 2013 was 7.424 billion euros (2,205 billion HUF), while the value of import was 6.599 billion euros (1,959 billion HUF), while the foreign trade...
Read more
EC: the Russian ban on pork imports is an excessive measure
Date: 2014-01-31 12:12:04
Russia has stopped imports of pork from EU countries following an outbreak of African swine fever virus in Lithuania, Prime business news agency reported Thursday. On Saturday Russia restricted pork...
Read more
Two and a half billion HUF was seized at a meat company, due to VAT fraud
Date: 2014-01-31 11:35:45
The National Tax and Customs Administration (NAV) has seized two and a half billion HUF at a hypermarket chain’s meat supplier, because despite its significant turnover the company filed VAT...
Read more
A drop in retail sales in Germany
Date: 2014-01-31 11:30:30
German retail sales dropped in December, according to the data of the German Federal Statistical Office (Destatis). In December 2013, on an annual basis retail sales decreased by 1.4 percent...
Read more
Declining German beer consumption
Date: 2014-01-31 11:20:11
Less beer is consumed in Germany. According to the report of the Federal Statistics Office, quoted by the Süddeutsche Zeitung, the German brewers sold 94.6 million hectoliters of beer in...
Read more
Increase in the number of credit card holders
Date: 2014-01-30 12:10:27
The proportion of credit card holders between age 15-69 increased steadily by the end of last year, reaching 7 percent – the GfK Hungária described the datas of its surveys...
Read more
Céginfo.hu: almost 32 thousand companies were founded last year
Date: 2014-01-30 12:00:39
According to Céginfo.hu’s preliminary datas, a total of 31,811 firms started operations in Hungary in 2013, 6 percent less than in 2012. The Céginfo.hu is operated by the Wolters Kluwer...
Read more
The government would direct 100 billion HUF to the development of the Tokaj-Hegyalja wine region
Date: 2014-01-30 11:58:57
The government's aim is to direct about 100 billion HUF between 2014 and 2020 to the development of the Tokaj-Hegyalja wine region. The local governments and the local farmers can...
Read more
The welfare support for poultry breeders to be doubled
Date: 2014-01-30 11:55:20
The welfare support for poultry breeders will be doubled to 8 billion HUF – Czerván György, Minister of State of the Ministry of Rural Development (VM), told during the meeting...
Read more
The Russian veterinary authorities would visit the Hungarian companies in February and March
Date: 2014-01-30 11:42:44
The Russian veterinary authorities wish to audit the Hungarian companies producing animal products, that transports to the Customs Union member countries. The exact dates and the list of the companies...
Read more
KSH: accelerated growth in retail sales in November
Date: 2014-01-29 13:00:53
The volume of retail sales was 4.3 percent higher in November 2013, than in November 2012. The calendar- adjusted datas show a 4.8 percent increase. These datas indicate a significant...
Read more
Nielsen’s consumer confidence index is on its three-year peak
Date: 2014-01-29 12:45:39
Nielsen’s consumer confidence index has reached a three-year record high level in Hungary. During the last, fourth quarter survey, Nielsen’s consumer confidence index increased by another 6 points compared to...
Read more
Another four food industrial companies do not advertise for children
Date: 2014-01-29 12:40:46
The representatives of the four companies signed their intention on Wednesday in Budapest. in the presence of Karas Monika, President of the National Media and Communications Authority (NMHH). The four...
Read more
Azerbaijan would buy tens of thousands of Hungarian cattle
Date: 2014-01-29 12:30:52
Still agriculture can be the flagship of the Hungarian-Azerbaijani economic relations. The Azerbaijani government approved the budget resources needed to purchase ten thousand Hungarian cattle – Szijjártó Péter, Minister of...
Read more
Cash registers: OKSZ proposes to wait for a few days
Date: 2014-01-29 12:10:01
The National Retail Federation (OKSZ) recommends to the traders, who ordered revoked permission online cash registers to wait for a few days to resolution of the Ministry of National Economy...
Read more
Nébih withdrew fifteen tons of kiwifruit from circulation
Date: 2014-01-29 11:22:04
Fifteen tons of kiwifruit, worth more than four million HUF were withdrawn from circulation, after test were initated at the metropolitan wholesale market – the National Food Chain Safety Office...
Read more
Magazine: Bulgaria – Many retailers, several store types
Date: 2014-01-28 12:10:09
Thirty-seven Bulgarian FMCG companies sent more than 100 representatives to Nielsen’s Shopper Trends workshop, held in Novotel Sofia. Jacques Vandenheede, retail insights director of Nielsen in Europe, told participants that...
Read more
Tricking with the state support
Date: 2014-01-28 12:00:16
The Secretary-General of the National Retail Federation (OKSZ) considers it a common scam, that there are companies selling online cash registers, that when the traders are paying the sum for...
Read more
Consumers protection: most detergents have appropriate efficiency
Date: 2014-01-28 11:55:16
The majority of the detergents distributed in Hungary have appropriate efficiency – a test revealed. The National Consumer Protection Authority (NFH) told MTI on Tuesday, that only three of the...
Read more
Ipsos: happy and unhappy
Date: 2014-01-28 11:40:12
The economic situation has an effect on people's daily moods, but it is not the only factor that affects their mood. Worldwide, only 37 percent of the respondents consider their...
Read more
The purple tomato juice is waiting for permission
Date: 2014-01-28 11:11:21
British scientists developed genetically modified purple tomato varieties that are very rich in antioxidants, are anti-inflammatory and have anti-cancer effects. If the official permits will be obtained, the purple tomato...
Read more
Low corn export level is expected
Date: 2014-01-28 10:07:17
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that Hungarian producers were selling mill quality wheat for HUF 44,000 a ton, fodder...
Read more
Cash Registers replacement: support deadline may change
Date: 2014-01-27 12:40:27
The state support deadline may change the Magyar Nemzet Online wrote on the basis of an unofficial source. According to the source, the National Economy Ministry was searching for the...
Read more
NAV: state support will not be lost
Date: 2014-01-27 12:22:51
The state support of those traders who requested orders to authorized but later banned cash registers is not in danger. The onlinekassza.hu learned that the NAV has freed-up the startup...
Read more
Expanding economic relations with the South Caucasus region
Date: 2014-01-27 12:14:04
The National Foreign Trade Office (HITA) organized a business forum, together with its partner, the he Azerbaijani Export and Investment Promotion Fund (AZPROMO). At the business forum, that was in...
Read more
Euromonitor International: The Top 10 Global Consumer Trends for 2014
Date: 2014-01-27 12:08:22
Trends include an overwhelming desire globally to indulge in luxury goods, download more apps and document experiences visually through social media. However, consumers are also struggling with work-life balance, maintaining...
Read more
VM: the swine VAT reduction has launcehed positive processes
Date: 2014-01-27 12:02:42
Positive processes have started since the beginning of the year, as the result of the 5 percent VATreduction on living and carcassed pigs – the Ministry of Rural Development (VM)...
Read more
