Market News
The Széll Kálmán Plan 2.0 calculates with reverse VAT
Date: 2012-04-25 13:50:25
The Széll Kálmán Plan 2.0 program mostly affects the food economy with the introduction of reverse taxation, beyond the planned rule changes The reserse VAT is designed to be introduced...
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No GMO food found
Date: 2012-04-25 13:40:15
The authorities tested 146, mainly rice, corn, soy and flax containing products, but could not find any food that does not meet the GM specifications. The laboratories of the National...
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We buy more with less credit cards
Date: 2012-04-25 13:30:15
The number of credit cards issued in Hungary declined by almost nine percent last year, due to the difficult macroeconomic environment and the public indebtedness. However, the purchase turnover has...
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Milk misconceptions
Date: 2012-04-25 13:21:35
Despite the fact that households with children consume 30 percent more milk, and they consume 5-6 times more often and occasionally one liter more milk than the, average, according to...
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The contribution of compensation should be paid on the basis of the decision of MVH
Date: 2012-04-25 13:20:00
The farmers should pay the contribution of compensation until the 15th of September to the mitigation account of the Agricultural and Rural Development (MVH). The MVH will send the exact...
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Special milk support can be claimed until May 15
Date: 2012-04-25 12:40:22
Those dairy farmers whose farms are situated in economically vulnerable or environmentally sensitive areas can apply for special milk support associated with special treatment of the disadvantages from the Agriculture...
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Hungarian ideas for environment-friendly transport
Date: 2012-04-24 12:48:08
Alternative fuelled vehicles constructed by Hungarian university teams were presented on 23 April, 2012 in the driving technology centre of Hungaroring. The apparatuses that were available for on-site testing will...
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KSH: retail sales decreased in February
Date: 2012-04-24 12:40:20
After the slight increase of January (0.6 percent), retail sales in February fell by 1.4 percent, so in the first two monthsof the year, retail sales were 0.4 percent lower,...
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Active agricultural diplomacy can help the Hungarian agriculture
Date: 2012-04-24 12:36:07
The active agricultural diplomacy can help the Hungarian agriculture to strengthen its position – stated the lecturers of the Sector Challenges of the Hungarian Foreign Policy – Agriculture conference in...
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Eurostat: online retailing is expanding steadily
Date: 2012-04-24 12:35:44
According to the latest Eurostat datas, consumers increasingly trust in internet purchasing. More than a third of the EU's population purchased via the Internet last year in the three months...
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The Árkád will be the largest shopping center
Date: 2012-04-24 12:34:28
The Árkád will be the largest Hungarian shopping center, after a 20 thousand square meters enlargement. The Árkád 2 shopping center will be completed next March, while the Árkád 1...
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A Chinese food certification company may be created in Hungary
Date: 2012-04-24 12:30:16
A regional Chinese food certification company can be created in Hungary, and a joint procurement and cultivation company may also come – informed Fazekas Sándor, Rural Development Minister MTI on...
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Polish beer exports broke record
Date: 2012-04-24 12:06:40
According to the forecats of the Polish Statistical Office (GUS) the value of exports last year reached 76.7 million euros, of which more than 16 percent of sales comes from...
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The Hungarian product draft regulation awaits for EU approval
Date: 2012-04-23 13:10:57
Gyaraky Zoltán, the ministry's head of department told MTI that with the regulation the Ministry would help to stimulate the voluntary food labeling of Hungarian products. The Rural Development Ministry...
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GKI-Erste’s economic index stagnated in April
Date: 2012-04-23 13:00:24
The seasonally adjusted value of the GKI-Erste economic index in April stayed on the level of March. According to the GKI Economic Research Co., in the business sector a minimal...
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Fake primary producers on the fruit and vegetable market
Date: 2012-04-23 12:20:25
The two priority areas of the National Food Chain Safety Office (NÉBIH) and the county government offices to filter out the fake primary producers filtering, and the investigation of the...
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MADOSZ the decline of tobacco-growing areas can stop
Date: 2012-04-23 12:05:34
According to the Hungarian Tobacco Farmers Association (MADOSZ), the decline of tobacco-growing areas can stop this year. The farmers are expected to plant 4800 hectares, such as in last year...
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China is world leader in food consumption
Date: 2012-04-23 10:08:04
According to a recent British study, food consumption in China overtook the food consumption of the United States. According to the datas of IGD, in 2011, Chinese food stores reached...
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Petition to resolve crisis after Malév grounding
Date: 2012-04-23 10:01:53
Local officials from about thirty communities around Liszt Ferenc International Airport Budapest, along with their representatives in Parliament, have signed a declaration calling for measures to resolve a crisis resulting...
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Hungarian Postal Service signing a contract with Synergon's subsidiary
Date: 2012-04-23 09:13:47
Hungarian IT company Synergon aims to raise its consolidated annual revenue to around HUF 30bn in 2-3 years and wants to expand abroad, through organic growth or with acquisitions. ynergon...
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The first shipment of Chinese cabbage from Hungary set sail to Russia
Date: 2012-04-20 13:27:48
After the successful export of Hungarian apples, the first shipment of fresh Chinese cabbage has been launched for the order of the Magnit group – informed the Ministry of Rural...
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Széchenyi Card Program: Ten years, 1,000 billion loans
Date: 2012-04-20 13:25:37
The Széchenyi Card Program that was launched to improve the financial opportunities of the micro, small and medium-sized enterprises ten years ago. Over the years, the Széchenyi Card became the...
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Demand for alcoholic beverages is reducing in Slovakia
Date: 2012-04-20 12:22:15
The sales of alcoholic drinks in Slovakia decreased continuously by 12 percent in ten years, and more than 21 percent in 20 years – reported the Hospodárské Noviny daily on...
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KSH: the gross average wage was 217,800 HUF in January and February 2012
Date: 2012-04-19 18:20:59
According to the communication of the Central Statistical Office (KSH) the average gross earnings of the full-time employees was 217,800 HUF, 225,200 HUF of people working at enterprises and 202,000...
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The Labor Code will be more flexible
Date: 2012-04-19 12:55:56
From the 1st of July the Labor Code will change in a number of points. The new law, that was adopted in December will significantly influence the labor relations after...
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Consumer confidence weakened in Europe
Date: 2012-04-19 12:53:37
Consumer confidence weakened in the euro area and throughout the European Union in April, after three consecutive months of improvement. According to the Thursday released preliminary data of the European...
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Szolnok is still collecting the downpayment to the citric acid manufacturing investment
Date: 2012-04-19 12:45:29
Szolnok’s Mayor informed Népszabadság, that the city is still working on to collect the own contribution to the Chinese backgrounded citric acid factory. They are investigating whether banks or other...
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Leading economic research institutes expect boom in the German economy
Date: 2012-04-19 12:00:40
In Germany, the economy develops vigorously in 2012 and 2013, despite the economic crisis. Unemployment will fall, wages will rise, the deficit will be getting smaller – shows the joint...
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“Bar code” was already used in ancient times
Date: 2012-04-19 10:39:03
Italian archaeologists have discovered “bar code” on the closing plugs of ancient amphoras. The recorded informations can be found on pottery used for carrying primarily oil. These artifacts can help...
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IMF: global economic outlook seems to be improving again
Date: 2012-04-18 13:30:19
After last year’s decrease, the global economic outlook gradually improved again, although the downward risks remain pronounced – shows last year’s World Economic Outlook, published on the website of the...
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