Market News
The OKSZ opposes to expand the product range in the tobacco shops but supports the increase of price margins
Date: 2013-04-29 17:19:42
The National Retail Federation (OKSZ) supports the 10 percent increase of price margins in case of tobacco products but opposes the extension of the range of products which can be...
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IDC: Smartphones overtook traditional phones
Date: 2013-04-29 17:12:48
The number of smartphone sales overtook the sales of traditional (feature) mobile phones in the first quarter for the first time – shows the quarterly survey of the American International...
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The NGM reviews the exchange deadline of cash registers
Date: 2013-04-29 17:11:33
The Secretary of State of the Ministry for National Economy (NGM) is confident that they can keep the deadline for the replacement of cash machines. According to Szatmáry Kristóf, the...
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Findings of the GfK Consumer Climate Europe and USA for the first quarter of 201
Date: 2013-04-29 10:47:07
High unemployment and the continued slowdown in economic growth in the Southern European crisis countries in particular is still hampering economic development in the European Union (EU). While the countries...
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Vámos György: small shops are the losers of the last few years
Date: 2013-04-26 12:20:59
The commercial consumption in Hungary decreased steadily between 2007 and 2012, it can remain on level this year and a growth can come in 2014 – Vámos György, general secretary...
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Price margin can be ten percent on tobacco products
Date: 2013-04-26 11:55:24
The law on the reduction of juvenile smoking continues to tighten. Lázár János (Fidesz) submitted his recent amendment on Thursday as an independent MP proposal. In this context, the politician...
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NAV: they could write a hacker book on cash machine frauds
Date: 2013-04-26 11:47:25
The specialists of NAV have met stunning fraud schemes in the cash registers. This fact largely contributed to the introduction of the new online cash registers that will have electronic...
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Marketing to increase the consumption of pork
Date: 2013-04-26 11:11:16
Accurate records will be created over the domestic pig population – Horváth István, comissioned Minister told Világgazdaság. A marketing campaign will also be launched to clarify that the consumption of...
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Ladybugs in the shopping center
Date: 2013-04-26 10:42:47
About 72,000 Ladybugs were released at a U.S. shopping center to fight against aphids — the pesky insects that feed on plants. And some 72,000 ladybugs have found a home...
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Multisense realism is what people are looking for
Date: 2013-04-26 09:17:41
Part of multisense realism is a new interpretation of light. As I am not a physicist, there is no way to introduce this idea without sounding like a crackpot, but...
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KSH: monthly household expenditure decreased last year
Date: 2013-04-25 12:10:46
The monthly consumption expenditure of households in Hungary was an average of 65 790 HUF per person last year. This is 2.1 percent lower than in 2011 – states the...
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Food processors: the public health product tax did not reduce the salt and sugar consumption
Date: 2013-04-25 12:00:09
According to the Association of National Food Processors (ÉFOSZ) the public health product tax did not reduce the salt and sugar consumption Hungarians, whereas the loss of the affected sectors...
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DHL Express: SMEs that are open to foreign markets are more successful
Date: 2013-04-25 11:45:18
DHL’s research covered the small and medium-sized enterprises (SMEs) of 12 countries as part of its global strategy. In its research, DHL investigated the potential business success of globalization and...
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The first operating online cash register is ready
Date: 2013-04-25 11:14:34
The Hungarian Laurel Számítástechnikai Kft. submitted the marketing authorization application to the Hungarian Trade Licensing Office (MKEH). The representatives of NAV, experts and business leaders could see at today's Trading...
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Mediameter: 78 percent of the Hungarian adults has a mobile phone
Date: 2013-04-25 11:12:08
Approximately 6.3 million adults have cell phones in Hungary over age 18. This is 78 percent of the population, which indicates a 6 percentage point increase in a year –...
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Four higher education institutions have launched a food security cooperation
Date: 2013-04-25 11:00:47
The two-year long joint food safety research was launched by four higher education institutions and is led by the University of Debrecen (DE). During the research EU fundings of 1.6...
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Meowing vending machine for dogs
Date: 2013-04-25 10:40:04
Dog Food vending machine was developed by a doog food producing company in Great Britain. While their owners can just pull out some loose change in exchange a sugary treat,...
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KSH: retail sales fell by 2.3 percent in February
Date: 2013-04-24 13:11:39
The volume of retail sales decreased by 2.3 percent in February 2013, compared to the same period of the previous year. The working day adjusted volume index indicates a 1.1...
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Fazekas Sándor: pig population will be doubled in seven years
Date: 2013-04-24 12:20:08
On the basis of the pig strategy adopted by the government, the current pig population of 3 million will be doubled until 2020. 2.6 billion HUF will be spent to...
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The OTP bank offers a special loan for tobacco shop opening
Date: 2013-04-24 12:05:40
The OTP bank offers a special financial package for the starters of the national tobacco shops. According to the financial institution, the concession owners will need several million forints to...
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Magazin: New concept: forced consciousness
Date: 2013-04-24 12:01:59
We have to familiarise ourselves with a new concept used for shoppers: forced consciousness. At its latest press conference GfK analysed the recent past of the FMCG market and introduced...
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Policy Agenda: recovery has not been started in the SME sector
Date: 2013-04-24 12:00:58
The Policy Agenda’s SME growth index continues to reflect the difficult situation of the SME sector. The SME growth index is still far from the results of the beginning of ...
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GfK: the machine tool market is changing
Date: 2013-04-24 11:58:09
According to the survey of GfK Hungária published on Tuesday, the electric machine tool market declined last year, due to the ongoing economic crisis. In addition, the weight of the...
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German business sentiment declined more-than-expected
Date: 2013-04-24 11:52:00
German business sentiment declined more than expected in April – shows the Wednesday statement of the German Ifo Research of Institute. The sentiment index based on interviews with 7,000 company...
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The winners of the tobacco shop concession tenders have been announced
Date: 2013-04-23 12:21:30
The results of the tobacco shop concession tender have been announced. 5415 tobacco shops can be opened from the 1st of July – Gyulay Zsolt, CEO of the National Tobacco...
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MNB proposals to boost credit card use
Date: 2013-04-23 12:05:28
The National Bank of Hungary (NBH) has developed a three plus one-piece package of proposals to boost the domestic debit card use for expansion of the credit card market –...
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NAV: Customs authority permit is needed to the retail trade of tobacco products
Date: 2013-04-23 12:04:20
Retail trade of tobacco products can be carried out only with customs authority permission. It is not enough to conclude the concession contract after 1 July – National Tax and...
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The new rules of the CAP will enter into force in 2015
Date: 2013-04-23 11:59:24
The final agreement over the main rules of the Common Agricultural Policy (CAP) affecting agriculture is expected by the end of June – Czerván György, Minister of State at the...
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Euro zone’s compound PMI remained unchanged in April
Date: 2013-04-23 11:16:18
Euro zone’s compound purchasing managers index in April has not changed compared to the final datas of March; the index of the service sector improved slightly, while the index of...
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Magazine: FMCG retail closed a difficult year
Date: 2013-04-23 11:04:12
In 2012 households hardly spent 1 percent more on FMCG products in terms of value than in the previous year. Only few categories were able to produce real growth in...
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