Market News

The owner of the largest Polish mall has changed

The German Union Investment Real Estate purchased the Manufaktura shopping center in Lodz, Poland – informs PropertyEU. The Hamburg-based real estate fund bought the shopping center from the Fonciere Euris...

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Mall construction fever in Iraq: consumer society from oil revenues?

Shopping centers are under construction all over in Baghdad. In the largest mall a five-star hotel and a hospital will also be installed. “Iraq essentially aims to create a consumer...

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Illegal meat packaging plant was found in Kőbánya

The experts of the Pest county animal health authority found an illegal meat packaging plant in Kőbánya on Monday – announced Bognár Lajos, Deputy Secretary of State at the Ministry...

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Hungarian-Irish Agreement on Future of CAP

“We have held extremely successful talks with the Irish Minister on the future of the Common Agricultural Policy; the two countries are in agreement on most issues”, said Minister for...

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GKI: Stop-go policies

GKI Economic Research Co. forecasts that a recession can be expected in Hungary in 2012, a decline of about 1.5 per cent just like in the first quarter of the...

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A boost in local farmers' markets

The Ministry of Agriculture helps the establishment of farmers' markets, by simplifying the bureaucracy, with the financial support of operation and with the amendments of laws. As a result, farmers'...

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The population of caged laying hens is not expected to be reduced due to EU standards

The population of the 4.2 million caged laying hens is not expected to be reduced in Hungary next year. More than 90 percent of the farmers have started to expand...

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Now the French goose breeders may suffer because of animal right organizations

The foie gras trade is fined in California since July. The decision hurts the French producers, Hungarian producers are not directly affected by it now, not like a few years...

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Big Mac index: forint is undervalued

The currency of Venezuela is almost 80 percent overvalued, while the yen is undervalued by 40 percent, at least when we consider how much a Big Mac costs in these...

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Food safety informations on the website of Nébih

Food safety informations in connection to preservation were published by the National Food Chain Safety Office (Nébih) on its website. In the document that can be read on the website...

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Country risk assessments review : The crisis worsens

Because of the worsening economic situation in Southern Europe, Coface has placed the A4 assessments of Spain and Italy under negative watch and downgraded that of Cyprus, where the situation...

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Ipsos: We are looking forward to the Olympics

Almost three-quarters (72 percent) of the international public and two-thirds of the Hungarians will take a glimpse to the Olympic broadcasts. Most people (65 percent) will follow the events by...

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Test costumers in online shops

The olcsobbat.hu price comparison page tested 117 Hungarian webshops recently with secret test costumers. At the end of the research, despite the strict criterias encouraging results have born: almost 89...

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This year, Hungary will need wine imports

The spring frosts caused large destruction almost everywhere in the orchards. Only the wine-growers can hope in a good yield, but the 22 wine regions are not uniformly observed in...

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EBRD: Hungarian recession could be over 1 percent

The European Bank for Reconstruction and Development (EBRD) forecasts a larger than expected recession for Hungary this year. According to the bank's latest forecast for the region the whole region's...

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Magazine: Discount stores are pushing forward on the grill product market

Last year grill sausage sales were given a boost – but let’s not forget that this happened after a considerable decline in previous years. This sales decline was so big...

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MOSZ: the dairy sector is in difficult situation due to the extreme heat

The extremely warm weather of the recent weeks brought a difficult situation to the dairy industry. Due to the heat, domestic milk production decreased by daily one million liter –...

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The MSZP urges to reduce the VAT on food

The MSZP urges to reduce the VAT on food as soon as possible, after the Romanian government announced to plan the introduction of a 9 percent VAT on agricultural food...

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Hungarian companies are lagging behind in new applications

Only a portion of the latest IT trends reaches Hungary. A few of the innovations that are being used by the companies of the Western countries, are used by Hungarian...

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Tobacco industry investors are concerned due to the excise tax increase

According to the Association of Hungarian Tobacco Industry Investors, the Tuesday submitted proposal in connection with the tobacco excise tax increase is risky in many ways, and may bring negative...

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Online shopping: a question of trust?

Only a few places allow payment by ATM cards, and the product range is not always up-to-date everywhere, but most webshops are rather reliable when it comes to delivery, and...

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Hipercom: Trends on promotional leaflets market – less, but longer leaflets in 2012

The research, which is based on Hipercom Monitoring database shows the changement of trends on promotional leaflet market. It compares the first semesters of year 2011 and year 2012. Two...

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Cheese can reduce the risk of diabetes

Scientists say the chances of developing type two diabetes could be 12 percent lower for cheese lovers. The authors of the study published in the American Journal of Clinical Nutrition...

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Poisonous infant formula on the shelves again in China

Carcinogens were found in more than 30 tons of Chinese infant formula in China. The production was suspended, the product recall and the investigation began, the producer apologized – the...

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More and more spas in Hungary

Three bath facilities in Nyíregyháza- Sóstógyógyfürdő were classified as spas: the park bath the pools and the bathhouse of the holiday resort can use the designation from now. Kovács Ferenc...

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Experts expect a half percent decline in retail this year

Experts do not expect a deepening recession in retail trade, nor recovery. Forecast is an annual decline of 1.5 percent. According to the Tuesday report of the Central Statistical Office...

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The price per kilogram of eggs should be indicated from August

From August, prices should be indicated also in kilograms in the stores. The Poultry Product Council lobbied for the regulation, in order to repel against black economy. The economy minister’s...

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Consultation over the Hungarian product regulation

A consultation was held over the Hungarian product regulation that will come into force in September with the participation of traders and producers in the Ministry of Rural Development (VM)...

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The largest revenue remains at Mol, Tesco is at the forefront

Mol continues to lead the list of the 100 largest Hungarian companies. Only smaller changes have occurred in the first 10 places. Compared to last year's ranking only minor rearrangements...

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NÉBIH tested ice creams

The National Food Chain Safety Office (NÉBIH) tested ice creams in June and July. The experts found no glaring irregularities – NÉBIH informed MTI on Tuesday. The Authority reminded that...

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