Market News

An increase in the proportion of bankruptcies

The bankruptcy rate of companies is on 4.21 percent currently. This figure one year ago was only 3.44 percent. If the current trend continues, in next July, the index is...

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Hungarian agricultural exports to Russian increases further

The aim of the Hungarian Ministry is to to reach the early 90s level in food exports to Russia – Fazekas Sándor Minister of Rural Development said after negotiations in...

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GfK: tobacco black market started to grow again

The previous downward trend of tobacco black market has changed. The illegal tobacco market share totaled at  5.8 percent this year, after 4.2 percent of last year – the GfK...

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Online ordering of products outside the EU are duty-free until 22 euros

Goods oredered from, countries outside the European Union online are duty free up to 22 euro, over this amount they are taxable – the NAV draws the attention. If the...

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Analysts say that industrial production may stagnate in the next six months

Analysts say that in next six months, industrial production may stagnate, however, recovery can not be expected next year, because economic growth slows within the main export markets and worldwide....

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The school milk program rules should be rethought

According to the Hungarian National Association of Parents (MSZOE), the ministerial regulation in connection with the European school milk program should be rethought before the adoption of the  2013 budget...

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The drought destroyed half of the corn and one third of the sunflower in Bács-Kiskun county

Soil preparation work significantly fell behind in Bács-Kiskun county, where drought caused serious damages in corn and sunflower crops – Pogonyi Tibor Agriculture Director of the county’s government office told...

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Wine and liquor consumption increased in the Czech Republic

The ban on spirits with 20 percent higher alcohol content was resulted in an increase in wine, champagne and liquor consumption in the Czech Republic in September. In beer consumption...

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Here are the best of Magyar Brands!

This was the third time outstanding, high quality Hungarian brands have been awared by a prestigous professional jury. Here are the proper toplists: Customers’ top list 2012 MB brands 2012...

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Faint optimism at the SMEs

The K&H SME confidence index which measures the expectations of the domestic SMEs still not show a clear direction. The first quarter brought growth, than in the second quarter a...

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Ipsos: marketers are banging open doors

In quantitative terms of the online advertising clicks, it can be concluded that it is worthwhile to use this interface. Most of the Generation Y members (born after 1980) interested...

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Payments: one third of Italians ready to use e-money for amounts under 50 euros

Presented today in Milan on the occasion of “SIA EXPO 2012”, the next payment generation event, the results of the SIA survey on “Italians and their desire for cash”, carried...

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Study shows chocolate reduces blood pressure and risk of heart disease

Researchers in Germany followed 19,357 people, aged between 35 and 65, for at least ten years and found that those who ate the most amount of chocolate – an average...

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GfK: consumption has stagnated in the first half of the year

The first half of this year was characterized by the stagnation of the economy and consumption. Further rationalization of the purchasing behavior can be detected in many areas. The purchasing...

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MOSZ would fight against cheating meat importers

The Agricultural Cooperatives and Farmers Association (MOSZ) protested again against the introduction of the reverse VAT. From the measure, the government expects revenue growth of tens of billions of forints....

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Hungarian labor market efficiency is tail-ender

Hungarian labor market efficiency is lower in Hungary, than in Chile – turned out at the professional event of Randstad. In addition,on the basis of international forecasts, more than one...

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May be a shortage of good quality cabbage

Because of the drought less was grown of cabbage types. By the end of the summer the market demand has been developed and the high prices partly compensate the loss...

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Summer consumer protection control: there were many irregularities

The consumer protection inspectors of Budapest and Pest county found a high proportion of irregularities during the summer action controls in the units of the chain of stores: objections were...

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Cosmetics and chemical products brought a two hundred billion HUF revenue in January-August

Retail reached about 200 billion HUF in revenue of retail cosmetics and household chemical products from January to August this year, compared to last year's comparable period. This means a...

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Cooperation for the Internet customers

The National Consumer Protection Authority (NFH) and the Association of Public Electronic Trade Association (SzEK.org) signed a cooperative agreement in order to the development of the domestic e-commerce market and...

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Everything linked to modern technology

György Mészáros, president of the National Innovation Authority (NIH) has talked about success and favourable results in terms of the Chinese workshops. This current Hungarian-Chinese workshop session on food safety...

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Counterfeit pálinkas were withdrawn from trade

The Animal Health Directorate of the Bács-Kiskun county Government Office withdrew counterfeit pálinkas from the market. The counterfeit pálinkas were produced by the Kecskeméti Likőripari Zrt. – the Ministry of...

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Malls are also losing on the prohibition of slot machines

The ban on slot machines can cause losses to the malls – portfolio.hu writes. Although the new law has not published yet in the Magyar Közlöny, but according to the...

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VM: the population keep the control of the markets useful

According to the 92 percent of the population, it is important to enforce the traders to comply with the food safety regulations. The same amount of respondents consider the importance...

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A continent goes shopping

The African consumers are served poorly and pay too much – Frank Braeken head of Unilever Africa states. Until recently, those South Africans, who desired for shampoo or cosmetics, that...

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NAV cash registers against black economy

Matolcsy György would reduce the black and grey economy by third at domestic retail, hospitality and at services, where cash registers are in operation. According to the idea of ​​the...

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Giving more space to enterprises at national and international levels

In the next two weeks expansion plans will be announced by two of the large American corporations with which State Secretary for Foreign Affairs and External Economic Relations had meetings...

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VM: The promotion of the Hungarian apple continues

Budai Gyula, Minister of State of the Ministry of Rural Development has continued the apple promotion campaign at the Váci Street Tesco Store in Budapest on Friday – the Ministry...

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The Meat Association has become a member of the VHT

The Livestock and Meat Interprofessional Organization and Marketing Board (VHT) became the member of the Meat Association from the 1st of October –VHT told MTI on Thursday. The Meat Association...

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Hungarian inflation reached its top in September

Inflation continued to accelerate, and it is likely peaked in September in Hungary – analysts in London iterated their forecast. The economists of Goldman Sachs (GS) forecast a 6.3 percent...

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