Market News
The share of local products increased to 10-12 percent in food distribution
Date: 2013-02-04 13:00:37
The distribution of local food production has increased to about 10 to 12 percent, while the internal sales of Hungarian food products increased from 70 to 75 percent – Fazekas...
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Alcohol, coffee and newspapers in the tobacco shops
Date: 2013-02-04 12:35:12
The National Tobacco Shops can sell alcoholic drinks, energy drinks, coffee, mineral water, as well as soft drinks and newspapers and may start as early as May. The government would...
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Hungary is on the 26th place on the innovation list
Date: 2013-02-04 12:15:18
Hungary is the 26th on Bloomberg’s innovation list. The United States leads the list, followed by South Korea, Germany, Finland and Sweden. Im terms of R&D intensity (R&D spendings in...
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Euro area annual inflation down to 2.0%
Date: 2013-02-04 12:14:02
Euro area annual inflation is expected to be 2.0% in January 2013, down from 2.2% in December 20123, according to a flash estimate4 from Eurostat, the statistical office of the...
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Regular fair of farm products started in Szeged
Date: 2013-02-04 11:43:36
Farmers of Csongrád county offer their quality food products from Monday twice a week in the great hall in the Mars-square market in Szeged. the valuable products of the farmers...
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The value of mergers and acquisitions decreased in Hungary last year
Date: 2013-02-04 11:42:36
The value of Hungarian corporate mergers and acquisitions (M&A) decreased by 69 percent last year to an estimated 550 million USD – Dezse Margaret, managing partner of Ernst and Young...
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15 million pizzas consumed in the U.S. during the Super Bowl
Date: 2013-02-04 11:20:39
More than 15 million pizzas and more than one billion chicken wings will be consumed during the Super Bowl. An average ticket costs one and a half million HUF into...
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The trade balance may improve if exports starts to grow
Date: 2013-02-01 12:00:26
Due to the decline in domestic demand, import growth is expected to remain below the growth of export. Export in favorable conditions can recover for the end of the year,...
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The domestic manufacturing industry starts the year well
Date: 2013-02-01 11:57:13
In January, the output of the manufacturing industry has increased the most significantly in Hungary, in the Central and Eastern European region and in contrast with the euro zone the...
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The online advertising market has increased further
Date: 2013-02-01 11:56:12
In the last quarter of 2012 the positive trend in the domestic online and mobile advertising market has continued. The advertising revenue of companies in the IAB NORI index achieved...
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The U.S. Ambassador gave recognition to the Hungarian Food Bank Association
Date: 2013-02-01 11:00:13
Eleni Tsakopoulos Kounalakis U.S. Ambassador awarded the Hungarian Food Bank Association with Active Citizenship diploma in Budapest on Thursday, recognizing the organization's food donations collection and distribution and the support...
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Seventy percent of the agricultural production is bought by the domestic food industry
Date: 2013-01-31 12:53:35
Seventy percent of the agricultural production in Hungary is purchased by the Hungarian food industry – Fazekas Sándor Rural Development Minister said on Wednesday in Budapest, at a meeting organized...
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Solid price drop on the cereal market
Date: 2013-01-31 12:37:31
The declining price trend in world grain trade continues. Good news arived from the Hungarian fields. According to the agrometeorologists, the ground’s water supplies are rapidly growing after a long...
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PwC: Family business survey
Date: 2013-01-31 12:09:32
Two thirds of family firms around the world have grown their sales in 2011, and even more are confident that their ambitious growth targets for the next five years will...
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The Nébih has banned the distribution of foods and pesticides from the Far East
Date: 2013-01-31 12:01:00
The National Food Chain Safety Office (Nébih) banned the distribution of 5000 kilograms of food from the Far East, as well as 72,000 liters of pesticides – the agency told...
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Atradius: Late payments and non-payments in the corporate sector increased worldwide
Date: 2013-01-31 12:00:02
The survey of Atradius Collections, carried out in 29 countries, with the involvement of 6000 companies, shows that despite the dangerous trends, only 30 percent of the companies were using...
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DHL: Success lies in international possibilities
Date: 2013-01-30 13:46:54
In an exacting economic environment, small and medium sized enterprises (SMEs) have been presented with a challenge. A challenge to grow and increase the profitability of their businesses against a...
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The retail sales of household chemicals and cosmetics increased by 2 percent in value and decreased by four percent in volume
Date: 2013-01-30 13:24:23
Retail sales of household chemicals and cosmetics in 2012 amounted to about 313 billion HUF in revenues, 2 percent more than the year before. In terms of volume, turnover fell...
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GfK: a further reduction in the number of magazines that draw attention to discounts
Date: 2013-01-30 12:25:48
According to the datas of the GfK Hungária Leaflet Monitor, the number of magazines that draw attention to discounts continued to decline, in the largest extent among discount retailers. The...
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Retailplaza webstore – where speed and convenience are cheaper!
Date: 2013-01-30 12:22:27
The Retailplaza, a store that is specialized for consumables has been opened. You can order quickly and easy from thewebstore, in addition the consumables are delivered home on a great...
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FEOSZ: media campaign on consumer rights
Date: 2013-01-30 11:55:59
The National Federation of Consumer Associations (FEOSZ) launches an information campaign on consumer rights from the end of January – the organization stated. From 30 January 2013, FEOSZ with its...
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Horsemeat row: Offcuts in burgers came from Poland, says FSA
Date: 2013-01-30 10:52:22
Food standards authorities in the Irish Republic are certain that horsemeat found in beefburgers came from Poland, the UK Food Standards Agency has said. FSA boss Catherine Brown told the...
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The Germans are willing to buy more
Date: 2013-01-29 11:11:00
The German consumer willingness seems to be revived, after the weakness of Europe's largest economy will soon to be ended – N24.German news television reported. The consumer willingnes index increased...
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DHL Global Connectedness Index is out
Date: 2013-01-29 09:16:45
The DHL Global Connectedness Index ranks 125 countries according to the depth and breadth of their integration into the world economy and also examines the relationship between global connectedness and...
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Takarékbank: the demand of SMEs can increase towards short-term sources
Date: 2013-01-28 12:29:23
Bank lendings of the small and medium enterprises can increase in the first half of this year. Significant demand can occur towards application sources and short-term loans as well –...
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The monitoring wholesale markets starts again in February
Date: 2013-01-28 12:26:48
The Government accepted the report on wholesale markets and, consequently, revitalized the monitoring of the wholesale markets – Budai Gyula, Parliamentary Minister of State of the Ministry of Rural Development...
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The books of the library of Nagykanizsa are available in the shopping center
Date: 2013-01-28 11:00:14
The books of the Nagykanizsa library can be found at a local Shopping Center two days a week as a mobile library service. Since the end of last week on...
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Shanghai builds a unique free-trade zone
Date: 2013-01-28 10:56:16
A Free Trade Zone is being built in Shanghai this year. This can help the metropolis to became a center of world trade – the city officials announced over the...
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Problems in the milk sector
Date: 2013-01-28 10:00:47
Major milking developments would be needed in the cattle sector in Vas county, to provide high quality raw materials, but there is not enough money to invest – Lukács Zoltán,...
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GKI: Stagnation after recession
Date: 2013-01-28 09:35:50
After a recession of about 1.5 per cent in 2012, no growth can be expected in Hungary in 2013 either. Inflation will slow down significantly. The main purpose of the...
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