Market News
Billions could be saved with the production of domestic cultivar potatoes
Date: 2012-09-26 11:55:22
According to the leader of the Keszthely-based potato cultivar working group, if the domestic potatoe producers would turn to the breeding of domestic cultivated potatoes, the sector could save billions...
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Scotch whisky industry unaffected by recession
Date: 2012-09-26 11:02:30
The whisky industry in Scotland, one of the most popular in the world, has not been affected by the economic downturn because of developing overseas markets, especially in India, China...
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The luxury goods market is changing in China
Date: 2012-09-26 10:58:07
Chinese no more buy tired and worn luxury brands for thousands of dollars without thinking, but the segment in the country will surely continue to spin for many years only...
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American farmers feed cattle with sweets
Date: 2012-09-26 10:55:04
The destructive dryness of the recent years made American cattle, sweet lover: due to the increased feed prices, more and more farmers find alternative in sweets. Mike Yoder, farmer who...
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VAT rate will increase to twenty percent in Serbia
Date: 2012-09-26 10:38:14
From 1 October the rate of Value Added Tax will increase to 20 percent in Serbia, from the current 18 percent. The Serbian parliament decided beside the increase on Tuesday...
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The food price increase can reach seven percent within a few months
Date: 2012-09-25 19:41:14
Up to 7 percent food price increases may come by the end of the year. According to the industry: without raising there is no future in the industry, and the...
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The domestic egg production covers only the three-quarters of the demand
Date: 2012-09-25 12:50:29
A year ago, no one expected that the European Commission will carry out a decision within two months to ban the use of conventional cages – was said at the...
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The state will not buy a meat factory
Date: 2012-09-25 12:10:25
The government has no plans to purchase state ownership to help meat companies in trouble – Budai Gyula. State Secretary of the Ministry of Rural Development told Magyar Nemzet. Budai...
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Boy, a skunk please!
Date: 2012-09-25 09:06:08
A guest has asked for a living skunk at his hotel room, while others have requested coffins, dead roses or even a ghost. Metro magazin in Britain put together the...
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OKSZ: annual decline in retail sales can be 1-2 percent
Date: 2012-09-24 13:00:52
The International Trade Association and the analyst of Savings Bank calculate with a 1-2 percent retail sales decline this year. According to the Ministry of National Economy, the sales decline...
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KSH: volume of retail sales declined by 2.6 percent in July
Date: 2012-09-24 12:58:21
In July, the volume of retail sales declined by 2.6 percent, while in the first seven months of the year declined by 1.3 percent compared to the same period of...
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Domestic economic expectations remained pessimistic in September
Date: 2012-09-24 12:27:53
GKI-Erste economic confidence index adjusted for seasonal effects has been essentially unchanged since May. A modest increase at the beginning of the year was followed by a fall in May,...
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The big supermarket chains are preparing to online market entry in Hungary
Date: 2012-09-24 12:20:02
Hungary is lagging behind the neighboring countries in the field of e-commerce in connection with the online shops of the big chains. Among the reasons we can find mainly the...
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High feed prices cause difficulties to the livestock breeders in Zala county
Date: 2012-09-24 12:00:48
Because of the high feed prices, the livestock breeders in Zala county are in a difficult situation. Another problem is that the price of the imported high-protein imported soybean increases,...
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Czech police found the sources of the toxic alcohol
Date: 2012-09-24 11:00:45
Czech police found the sources of the toxic alcohol. The Czech police initated prosecution procceedings against two person who are the main suspects in the case – Martin Cervícek national...
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German business sentiment deteriorated further
Date: 2012-09-24 10:10:33
Business sentiment is deteriorating for five months in Germany – announced the Munich-based ifo Economic Research Institute. In contrast with market expectations, the German business confidence index has not improved,...
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Action began to increase the bucket sales of Hungarian apple
Date: 2012-09-21 11:58:44
Fazekas Sándor Rural Development Minister, Mártonffy Béla, president of FruitVeB and Dominique Ducoux, CEO of Auchan Magyarország Kft. jointly promoted the bucket sales of Hungarian apples in a department store...
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Nielsen: the sales of nonprescription drugs and medicinal products increased by seven percent
Date: 2012-09-21 11:11:06
Retail reached 7 percent more in case of non-prescription and non-prescription drugs and medicinal products in the first half of this year, compared to the same period of last year....
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Beer survives nuclear strike
Date: 2012-09-21 10:25:22
A Cold War-era study was found recently, prepared by the U.S. Army. The documents were discovered by Alex Wellerstein of Restricted Data. The documents show that the American researchers were...
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Magro.hu: online product sales in agriculture
Date: 2012-09-20 11:55:52
The datas of Magro.hu market researcher show that there is a considerable layer in agriculture, who choose internet trading to sell crops. It is an interesting fact when market disorders...
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KSH: cereal grains – growing area, decreasing yield
Date: 2012-09-20 11:35:29
This year’s cereal grain yield was 2 percent less, than in last year. 5.5 million tons was planted on an eight percent more area, compared to the results of the...
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The Fórum calls for VAT reduction on the basis of the study by Ernst&Young
Date: 2012-09-19 13:09:20
According to a recent study published in Hungary, the large-scale VAT fraud in connection with basic food products paralyzes the industry and deprives the budget from a more than 128...
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Dairy Product Board: reverse VAT is not an alternative to VAT rate cut
Date: 2012-09-19 12:30:28
The Milk Interprofessional Organization and Marketing Board does not consider the application of reverse VAT in agriculture and in the food industry as a good solution, since it is not...
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The poultry industry is facing misbelief
Date: 2012-09-19 12:10:09
The 2012 poultry campaign of the Hungarian National Tourist Office and the General Directorate of Agricultural Marketing Center (AMC) began on 1 September. “Our goal is to strenghten confidence in...
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MLSZKSZ: Hungary’s logistics competitiveness is in threat
Date: 2012-09-19 12:00:30
According to the resolution of the Hungarian Association of Logistics Service Centres (MLSZKSZ) the targeted logistics sector development is essential to strengthen and retain Hungary’s competitiveness in the region. The...
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Hungarian paprika is still popular
Date: 2012-09-19 09:00:27
Hungarian paprika producers could have excellent opportunities, but industry sources, easier application possibilities would be required and the range of goods should be increased as well – Fodor Zoltán, Executive...
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France would limit the utilization of biofuels
Date: 2012-09-18 12:45:11
France will call international and European forums to limit the utilization of biofuels, due to the increasingly rising grain prices – competent cabinet spokesman said on Wednesday. The French government...
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The Nébih tests the imported wine products
Date: 2012-09-18 12:25:54
The National Food Chain Safety Office (Nébih) tests the imported wine products especially from 17 September. The organization presents in its communication on Monday, that the volume of the grapes...
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The Czech methyl alcohol does not poisons in Hungary, but the NÉBIH controls increasingly
Date: 2012-09-18 12:11:51
The Czech authorities informed the Member States via the rapid alert system on feed and food safety (RASFF) that unknown toxic methyl alcohol alcoholic beverages have been marketed. The counterfeit...
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Business sentiment improved in Europe's largest economy
Date: 2012-09-18 10:29:54
In September, business sentiment improved in Germany, after four months – shows the datas of the ZEW economic research institute, published on Tuesday. The next half-year expectations index has improved...
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