Market News

Manpower: fewer employers planning redundancies

According to the Manpower Employment Outlook Survey, 17 percent of Hungarian employers intend to reduce their workforces during the second quarter of 2012 while only 14 percent of employers plan...

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U.S. retail sales increased

U.S. retail sales increased the fastest extent in February in the last five months; a 1.1 percent increase occurred, compared to January. As analysts expected U.S. retail sales increased seasonally...

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Chips are not responsible for the salt intake

How is it possible that in Hungary, salt intake is twice twice as much per capita than in the U.S., despite Americans consume 23 times more chips than the Hungarians?...

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Frost damage is around twenty percent in the Tokaj Wine Region

On average, 20 percent of buds has damaged, due to this year’s hard frost in the Tokaj Wine Region – states the researchers of the Vine and Wine Research Institute...

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Germans eat forty kilograms of pork annually

Last year, the revenues of the German meat distribution and event services increased by 3.2 percent. According to the Tuesday published datas of the German Meat Processors Association, consumption of...

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Weak domestic consumption continues to hold back imports

According to the preliminary datas, the foreign trade value, calculated in euros, slightly increased by 2 percent in January, compared to the previous year's high levels – the Central Statistical...

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Increasing risk of bankruptcy

According to Hungarian companies, the number of bankrupt businesses will slightly rise this year as well, following an all-time high of last year. They expect a particularly strong wave of...

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Costumers travel for special flavor vegetables and fruits

The old Hungarian fruit and vegetable varieties will reappear probably on the local and regional markets, which establish the reputation of the Hungarian horticulture. In recent decades, the old, local,...

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Warsaw is the second most attractive commercial real estate market in Europe

According to CBRE international consulting firm, Warsaw is the second most attractive commercial real estate market in Europe. The survey’s results were published in the Gazeta Wyborcza newspaper. In 2012,...

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Revenues of Somogy county merchants and restaurateurs declined

According to the survey of the Trade and Tourism Advocacy of the Entrepreneurs in Somogy County (KISOSZ), more than half of the merchants and restaurateurs of Somogy county reported about...

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Russia bans the European pork imports

From the 20th of March, Russia bans pork imports from the European Union, due to the Schmallenberg virus emerging in Europe. The Russian veterinary authorities explained on Monday that the...

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GDP forecasts for 2012

The external demand, the performance of agriculture and the lack of credit can be the biggest risks in the evolution of next year’S GDP, which according to analysts interviewed on...

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Hungarian-Russian trade close to its pre-crisis level

The Hungarian-Russian trade dynamically evolving and it is getting close to the pre-crisis levels – said Alexei Kazacskov, deputy commercial counselor of the Russian Federation at a conference in Győr...

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GM crops: still no EU compromise

The EU member states still not reached a compromise about the proposal, which would allow that individual Member States to decide to gave permission, or to ban the production of...

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Stores and the authorities to join forces against rodents

The Agricultural Office (MgSzH) and the National Public Health Chief Medical Office (OTH) developed a joint program in order to fight off of rodents. The forthcoming inspections will include the...

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Winemaker face new challenges due to the climate change

Due to effects of global warming, sugar content of wine is increasing. The team of the French scientific research institute the INRA therefore developed a method, that allows to reduce...

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The Hungarian medicinal and aromatic herbs industry is looking for opportunities

Medicinal and aromatic herbs are cultivated on about 18 thousand hectares in Hungary, contrary to the 37 – 42 thousand hectares of the 1990s –  said Mártonffy Béla, Chairman of...

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Magazine: Easter ham consumption: a shift towards quality products

There are two mains seasons for selling smoked meat and smoked-cooked meat: one is in March-April and the other is in November-December. In these periods consumption is 3-4 times bigger...

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Retail food sales in Hungary rose 5% in value terms

Retail food sales in Hungary rose 5% in value terms in the twelve months to last January from the previous twelve-month period, market research company Nielsen published in its new...

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Salt counterfeiting may reduce the foreign demand for Polish food products

The Polish food industry worries about the reduction of foreign demand, because Czech and Slovak food producer chambers called for a boycott of Polish products, due to widespread counterfeiting of...

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The fish population of the Lake Tisza will be enriched by native carps

The Lake Tisza Sport Fishing Non-Profit Ltd. provides the carp resupply, with the propagation of native carps – announced the company's managing director at a press conference in Tiszafüred-Örvény on...

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Hungary seeks for the full utilization of EU funds

Hungary seeks to reach the one hundred percent utilization of EU funds, even though the economic crisis has slowed the progress of the programs – told the National Development Agency...

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Colliers: retail area barely expands this year

According to the latest retail market report of the Hungarian office of Colliers International, domestic demand has not changed appreciably during year 2011. The retail sales stagnated between January and...

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The weak industrial production data of January surprised the analysts

Analysts are surprised by the weak industrial production data for January, because they expected higher production levels, and although they can not see clearly all processes, they consider that this...

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Ministry of Rural Development: support to the dairy farmers and rice growers

The Ministry of Rural Development (VM) announces again this year the support for dairy farmers to manage their specific disadvantages, and introduces the special rice support. With the total of...

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Women earn one-fifth less than men

In Hungary, women earn 21 percent less than men on average – shows the latest online salary  survey of fizetesek.hu, operated by the Workania job portal. The company told MTI...

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The Good CSR program is the supporter of the WWF Danube-protection program

The community of responsible companies, the Good CSR program has been renewed. Thanks to the conversion, beside the colorful and meaningful program elements, the member companies jointly support the WWF...

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German industrial orders decreased by 2.7 percent in January

German industrial orders decreased by 2.7 percent in January, calendary and seasonally adjusted, after the 1.6 percent increase of December – the German economy ministry announced on Wednesday. Analysts expected...

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Magazine: Price reductions and promotions are most sought for by women

GfK Hungária Shopping Monitor 2011–2012 shows that shopper expectations about stores change both per demographic group and with time. For many years customers have been mentioning product quality and freshness,...

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The Czechs still like to purchase abroad

More than a quarter of the Czechs regularly goes shopping abroad. The Czechs buy mostly clothing, food and consumer electronic goods in the neighboring countries, in Poland, Germany and Austria...

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