Market News
Entrepreneurs seek for budgetary resources to replace cash registers
Date: 2012-11-23 12:01:10
The IVSZ (IT, Telecommunications and Electronics Enterprises Association) and the KISOSZ (National Federation of Traders and Caterers) are expecting government subsidies for the building out of the cash register system...
Read more
U.S. consumers will spend 586 billion USD for Christmas shopping
Date: 2012-11-23 11:30:35
The Christmas shopping season in the U.S. starts sfter Thanksgiving with the so-called Black Friday. The NRF predicts that in the next one month a total of 586 billion USD...
Read more
Forty-six million turkeys will be eaten on Thanksgiving Day
Date: 2012-11-23 10:45:35
CNN U.S. news televison summarized interesting informations related to Thanksgiving Day. In the United States, the modern Thanksgiving holiday tradition is commonly, but not universally, traced to the1621 celebration at...
Read more
EU enlargement a “two-way street” benefiting both parties
Date: 2012-11-23 08:50:07
Internal stability and values shared by member states are what the European Union should “export” in exchange for “importing” diversity, natural resources, innovation potential and the prospect of economic growth,...
Read more
Trade mark has been introduced to guarantee the high quality of Pálinka
Date: 2012-11-22 11:25:58
From now, the high quality of Hungarian pálinka will be guaranteed by a Pálinka trade mark system, which was the initiative of the Pálinka Céh Egyesület and was jointly developed...
Read more
Interests doubled towards 'Black Friday' in Romania
Date: 2012-11-22 10:58:08
Interests doubled towards 'Black Friday' in Romania, compared to last year. 2.4 million people are preparing to take advantage of the significant discounts of the traders – shows a survey,...
Read more
In Europe, SMEs are creating most of the new jobs
Date: 2012-11-21 14:04:09
The European Commission has found that small and medium-sized businesses are creating 85 percent of the new jobs in the EU. 67 percent of employees are employed by SMEs by...
Read more
From kindergarten kitchens to Coca-Cola – gardeners found new markets
Date: 2012-11-21 12:50:29
“From now on, the Coca-Cola bottling plant in Dunaharaszti will produce its apple juice using Hungarian apples instead of imported ones”, announced the Minister for Rural Development in Dunaharaszti, while...
Read more
In Hungary the price of food products household chemicals and cosmetics in the third quarter increased by an average 6 percent,
Date: 2012-11-20 13:02:11
In Hungary the price of food products household chemicals and cosmetics in the third quarter increased by an average 6 percent, compared to last year's comparable period. This is the...
Read more
Illegal sugar packages were found
Date: 2012-11-20 11:10:31
The National Tax and Customs Office (NAV) and the National Food Chain Safety Office (NÉBIH) found 25 tons of French and Polish origin sugar that were filled into 1 kg...
Read more
Beverage carton collection reloaded
Date: 2012-11-20 10:53:49
In this school year, 20 cities and 60 small settlements, 300 educational institutions and more than 68,500 children will participate in the Beverage Carton Environmental Association’s (IKSZ) beverage carton collection...
Read more
The citizens of Sződliget bulid their settlement’s facsimile from gingerbread
Date: 2012-11-20 10:50:18
The baking of the molds has been started, the income of the exhibition combined with a charity fair will be given to the development of the IT network of the...
Read more
Cartel rules for agricultural products will be easened
Date: 2012-11-19 13:40:22
The National Assembly easened the cartel rules for agricultural products on Monday. The agreement will not restrict the competition that will be carried out with the participation of industrial advocacy...
Read more
Concession stores can come in alcohol trade
Date: 2012-11-19 13:15:27
The government is considering that similar to the tobacco products, the alcoholic goods that have a 15-20 percent higher alcohol content to be sold in stores with only concession –...
Read more
The excise tax of particular tobacco goods will increase on 1 December
Date: 2012-11-19 11:15:51
The NAV presents: the cigarette excise tax of cigarettes will increase from 1 December from 11,900 HUF to 12,500 HUF per thousand pieces and it will be and 31 percent...
Read more
Retail sales declined in Slovakia
Date: 2012-11-19 11:04:12
Retail sales decreased by nearly 3 percent in Slovakia in 2011 to 17,500 million euros – shows the analysis of Postová Banká. The decline was detected in almost all segments...
Read more
Collection started in Vienna and Bratislava for the Santa Claus Factory
Date: 2012-11-19 11:02:28
The Hungarian National Tourist Office also assists in the work of the Santa Claus Factory. The staff working in Vienna and Bratislava are compiling a package to help the children...
Read more
KSH: industrial production decreased by 3.8 percent in September
Date: 2012-11-16 12:00:29
The volume of industrial production decreased by 3.8 percent in September, compared to the same month of last year. In September this year, there were two less working days than...
Read more
The President of the European Council proposes drastic cutbacks in agricultural subsidies
Date: 2012-11-16 11:48:12
The President of the European Council submitted a proposal to the Member States, which could result in 573 million euros reduction for Hungary's agricultural subsidies in seven years. Beside the...
Read more
Sugar and coffee remain weak at the commodity exchanges
Date: 2012-11-16 11:35:39
The weak demand, the large stocks and good yields all contribute to this trend. The production of sugar in the past years always exceeded consumption, the excess was manifested in...
Read more
Lázár: Let the tobacco shops to sell lotto and lottery tickets
Date: 2012-11-16 11:28:55
The leader of the Prime Minister’s Office proposes to let the tobacco shops to sell lotto and lottery tickets. Lázár János initiated the amendment of the tobbacco shop law on...
Read more
Europe's highest rents can be found at Champs-Élysées in Paris
Date: 2012-11-16 11:25:06
Cushman & Wakefield has compiled this year’s list of shopping street with the world's highest rents. Among the 326 locations of sixty-two countries rising rents were measures in 147 cases...
Read more
Hungary joins to the European waste reduction week
Date: 2012-11-16 11:10:28
This year, for the first time Hungary joins the European Waste Reduction Week, that will be held between 17 and 25 November – the National Waste Management Agency (OHÜ) announced....
Read more
Greenpeace: Say no to genetic engineering
Date: 2012-11-16 09:46:42
While scientific progress on molecular biology has a great potential to increase our understanding of nature and provide new medical tools, it should not be used as justification to turn...
Read more
GDP decreased by one and a half percent in the third quarter
Date: 2012-11-15 13:07:30
Hungary's gross domestic product (GDP) decreased by 1.5 percent in the third quarter of 2012, while with seasonally and calendary effects adjusted a 1.6 percent decrease occurred, compared to the...
Read more
Consumer climate remains constant
Date: 2012-11-15 12:59:27
The variable development of the consumer mood once again continued in July. On the whole, income expectations and willingness to buy remained at very good levels. The latter improved slightly...
Read more
National tobacco shop applications have been published
Date: 2012-11-15 12:37:45
The National Development Minister published the details of the tender on Thursday. According to the tender, published on the government’s website, the concession fee in settlements, with less than two...
Read more
The VM conducts a survey on local farmers markets
Date: 2012-11-15 11:44:27
The Ministry of Rural Development (VM) conducts a survey on the local farmers markets. The goal of the ministry is to create a national market system, and to provide legal...
Read more
The proportion of Christmas gift trade decreased in Austrian trade
Date: 2012-11-15 11:41:13
The significance of giving Christmas gifts has been reduced in the past few decades in the Austrian retail market – Austrian economy newspaper, the Wirtschaftsblatt wrote in its Thursday issue,...
Read more
KSH: agricultural producer prices rose by 20.7 percent in September
Date: 2012-11-14 12:41:32
In September, the producer prices of agricultural products rose by 20.7 percent compared to the same period of the previous year. Increase from January to September was 10.9 percent, while...
Read more