Market News

Two and a half tons of sponge cake was baked in Austria

Two and a half tons of sponge cake was baked in Austria. The boss of the patry team considered the dough very light. The cake monster was made in Seiersberg​​,...

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The wine market of Asia getting more popular

Hong Kong is waiting for the Hungarian winemakers and wine exporters with open doors. Hong Kong abolished all wine duties in 2008, and its annual wine import in 2011 increased...

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Europe is getting more optimistic these days

According to the index, reflecting the expectations of November, the German consumer sentiment has increased to its more than five-year peak – the GfK market research institute announced on Friday....

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Discount stop instead of mall stop

According to the summary of the Ministry of National Economy (NGM) sent to Népszabadság, since the voting of the mall stop, Fidesz has torpedoed the domestic expansion of Lidl and...

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MNB: the performance of the Hungarian economy is significantly lagging behind the region

The National Bank of Hungary (MNB) revised down this year’s and next year's GDP expectations. This year, the Hungarian economy can shrink by 1.4 percent, next year an only 0.7...

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Online shopping day comes on Thursday with significant discounts

This year, the online shopping day will be held on 8 November on Thursday. The event involving hundreds of webstores will provide significant discounts for online buyers. In 2011, almost...

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Urbanization brings an increase in consumption in China

By the end of the decade, the number of the Chinese middle class will reach 600 million. They are the key driver of economic development – predicted the Chinese Reform...

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Drought and fungal diseases affecting the chestnut crop badly

Chestnuts almost cannot be purchased in the country due to the drought, ten percent of the usual amount has grown this year. In Zengővárkony, at the country's largest production area,...

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Eastern opening is reasonable in foreign trade

Eastern opening is reasonable in the Hungarian foreign trade, as the driving force of the world economy is now outside Europe – told Hídvégi Balázs, Deputy Secretary of State at...

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KSH: the volume of exports increased by 1.7 percent in August

The volume of imports in August decreased by 0.3 percent, while the volume of exports increased by 1.7 percent compared to the same period of last year. Calculating in euro,...

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More and more Hungarians turn to the European Consumer Centre

A growing number of Hungarian citizens are turning to the European Consumer Centre (ECC), and the returned amount also increases – Kriesch Attila director of ECC told at a press...

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Hipercom: The best offers for All Saint's Day

The period prior to All Saint's Day is always linked to a wide range of promotions highlighted in special offer leaflets. With Hipercom's Monitoring System, this years offers have been...

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NGM: the public health product tax does not conflict with with the EU law

The European Commission accepted the government's argumentation and answers and closed the legal process that investigated the legal harmonization of public health product tax and EU law. The EU proposer-Executive...

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Mountain villages: this year's wine volume is under two million hectoliters

This year, about 1.8 million hectoliters of wine was transported into the cellars in Hungary, compared to the 2.5 million hectoliters of last year – Horváth Csaba, Secretary General of...

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Workania: 19 percent of the Slovaks and 34 percent of the Czechs earn more than the Hungarians

The Hungarian workers' gross monthly average wage is 221400 thousand HUF, while the Slovaks earned 19 more and the Czechs 34 percent more the last year – shows the Fizetesek.hu...

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There are not enough boxes and bags in the Santa Claus Factory

There are not enough boxes and bags in Santa's factory, in which the volunteers of the charity action could pack the gifts in – the organization told MTI on Saturday....

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Nielsen: Consumer Confidence in Hungary is in depths

Hungary has the lowest consumer confidence index for five consecutive quarters, among the worldwide tested fifty-eight countries. Although a slight improvement occurred, tthird-quarter index is 37 points, which is 7...

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Fazekas Sándor: the pig sector has future

The Hungarian pig sector can be reneved with the involvement of market participants, and can reach the production level of ten years ago in terms of employment and production –...

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Pork industry: big changes on an international level

A striking feature of thehog industry has been the rapid shift to fewer and larger operations, associated with technological change and evolving industry structure. The United States is the world's...

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More and more international companies expect Chinese consumers

If we want the global business to flourish,  we should win in China first – WARC writes after consulting several international companies. More and more brand owners consider China in...

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Economic confidence in the euro zone has slipped back to its three-year low

In October, the consumer and business sentiment index has slipped back to its three-year low, after in Germany and in France economic expectations became bad. According to the Tuesday communication...

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The SME sector may be the key to the economic growth in Hungary

According to the recently published a report of the European Commission, the stuation of the Hungarian enterprises in most of the 10 indicators of the Small Business Act (SBA) are...

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The school apple program was expanded

The Agricultural and Rural Development Agency published the list of products and product quantities that can be transported into the public educational institutions in the 2012/2013 school year. In the...

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K&H: stagnant labor market

The vast majority of domestic SMEs believe that over the next one year, the number of employees will stagnate. The majority of workplaces that are planning recruitments are only planning...

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Employees are responsible for a significant portion of shopliftings

Among the European Union (EU) member countries, Slovakian store employees steal the most – Slovak Hospodárské Noviny newspaper wrote on Wednesday referring to the datas of a survey. According to...

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The world's strongest beer was brewed in Scotland

A Scottish brewery claims to have created the world's strongest beer – a 65 percent super strength alcoholic drink called Armageddon. The appropriately named beer is likely to leave consumers...

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Hungarian-Romanian business center opens in Békéscsaba

The cross-border project amis to stimulate cooperation Nagyvárad and Békés county. At the project opening conference Hódsági Tamás, president of the Békés county Chamber of Commerce and Industry told that...

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KSH: August retail sales volume fell by 2.4 percent

In August, retail sales volumes was 2.4 percent below, while in the first eight months of the year it was 1.4 percent below the same period of the last year...

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The entrepreneurs consider the narrowing of financing as the biggest problem

The most significant problem for the Hungarian companies is the the narrowing of financing opportunities – the Roland Berger Strategy Consultant announced the results of its survey carried out with...

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This year’s maize crop fulfills the domestic demand

The Minister of State at the conference of the Livestock and Meat Interprofessional Organization and Marketing Board (VHT) told on Thursday that according to the latest figures, 95 percent of...

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