Market News

More than two-thirds of the world's seized counterfeit products are from China

Fake eggs, fake iPhones, fake IKEA store – almost everything is copied in China. 67 percent of the world’s counterfeit goods derives from there – South China Morning Post writes....

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Denmark abolishes the tax on soft drinks

Denmark abolishes the special tax on soft drinks. According to the expectations of the Danish government by introducing the measure new jobs will be created in the country and an...

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GMO-free soybean cultivation against import dependence

Hungary aims to provide high quality, domestic non-GMO soy, reducing the country's import dependence – Czerván György, Minister of State at the Ministry of Rural Development responsible for agri-management told...

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The government would help the pig sector with unspent EU funds

The government would help the pig sector with unspent EU funds until the end of the year, in order to support the doubling of the current pig population – Font...

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Nébih: nighttime inspections continued at the wholesale markets

The inspectors of the National Food Chain Safety Office (Nébih) carried out an another inspection at the wholesale market in Budapest. The authorities destroyed a total of 21 tons of...

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The Ministry of Rural Development is considering the introduction of the five percent VAT in the pig sector

The Ministry of Rural Development proposes the introduction of the five percent VAT in the pig sector, after the reverse VAT veto in Brussels. The ministry's proposal is being discussed...

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Almond and apricot trees fell into bloom

The most popular Hungarian fruits blossomed with the advent of the late spring. According to Dr. Apostol János, head-reseracher of the State Pomology Scientific Research Institute an excellent year is...

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Common brand strategy for the downtown shops

The local government of the 5th district develops a common brand strategy in order to boost the sales of the downtown businesses. Puskás András (Fidesz-KDNP), the district's deputy mayor told...

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Nébih: increased control on vegetables and fruits

The National Food Chain Safety Office (Nébih) tests the vegetables and fruits came from abroad. In recent weeks, five shipments, more than 60 tons of products were confiscated during the...

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The Atradius draws attention to the risks of the changing tobacco market

The retail units that are currently selling tobacco products almost certainly face a drop in income, while the tobacco wholesalers can get thousands of risky buyers, when the tobacco shop...

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These will be suspicious for NAV

The online cashiers will reveal a number of behavior, which we does not even think to give rise to suspicion at the tax authorities. Not only the specific traffic datas...

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A classic icy delicacy from Vienna

What can be more pleasant on a hot summer day than a cup of coffee with milk, served ice cold? MARESI Vienna iced coffee with cream perfectly meets these expectations:...

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Stable place in the top 20 and two-digit growth

Ice cream value sales were up 19 percent in February 2012-January 2013 if compared with the base period; in volume sales the Nielsen Retail Index registered plus 11 percent. The...

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Ice cream on a stick conquers, mainly because of its price

The summer of 2012 was very hot, so ice cream sales were soaring. Dr Ildikó Murányi, business development manager with Nestlé & Mövenpick Ice Cream told our magazine that private...

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GlobalShop, the intruductory day – our collegue's report

Seventeen countries' POPAI-district have been represented in the famous Tokio room of Sax Hotel, in order to discuss the current events of the organization, the various local challanges and express...

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95 products of 41 producers bear the HÍR trademark

300 traditional agricultural products and food products of 7 regions of Hungary can be found in the Traditions-Tastes-Regions (HÍR) collection including various spices, plants and animals, beverages, fruits and vegetables....

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Budai Gyula: unlimited opportunities for the beef sector

The beef sector has unlimited market potential practically if the sector produces high-quality products – Budai Gyula, Minister of State at the Ministry of Rural Development (VM) responsible for Parliamentary...

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The crisis has given impetus to the webstores

Customers turned towards webstores after the crisis in 2008. Currently the number of webstores with Hungarian websites are around 5-6 thousand – Madar Norbert, consulting advisor of eNET Kft. said...

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The authorities banned unfair bakeries

The staff of the Directorate-General of NAV and the staff of the Food Chain Safety Board of the County Government Offices carried out investigations in bakeries that are in the...

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British researchers created a disease resistance pig

Scientists who created Dolly the sheep clone bring GM food a step closer by producing a pig that is immune to disease – The Daily Telegraph wrote. The piglet, known...

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Diminishing profit margin characterises the pasta market

Volume sales didn’t decrease significantly on the domestic pasta market, but manufacturers’ experience is that sales have moved in the direction of cheaper varieties made with fewer or no eggs,...

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Airport ground-handling: EP adds staff safeguards to competition boost plan

Plans to open up ground-handling services at major EU airports to more competition by increasing the minimum number of service providers were backed by Parliament in a vote on Tuesday....

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Spring barley and sunflower sowing has started

Agricultural works started with full capacity in Vas county. The sowing of barley and sunflower has also begun – Lukács Zoltán, General for Agriculture inspector of theVas County Government Office...

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The construction industy worry of the new cash registers

The group of construction material traders can become the biggest loosers of the online caahier system connected to the NAV. According to experts, only the sales without invoice or the...

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KSH: slowdown in the rise of agricultural producer prices

The rise of agricultural producer prices slowed down slightly in February – the Central Statistics Office (KSH) reported on Friday. The agricultural producer prices rose yb 17.0 percent in February...

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Retail sales of oral care products are expanding

Consumers spent nearly 20 billion HUF for toothpaste, toothbrush and mouth water between March 2012 and February 2013. Hungarian consumers are open to the novelties: Most of them tried at...

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Mystery Shopping survey: Mammut is the best

According to the Mystery Shopping survey, Mammut is the best shopping center. The second best organized shopping center is Europark. The INTERNATIONAL SERVICE CHECK cattied out a Mystery Shopping survey...

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Eight out of ten cash registers were manipulated

Therefore, in the future the AEE will indicate such illegal activities to the center of the Hungarian Tax and Customs Authority (NAV). Linczmayer Szilvia spokesperson of NAV told that all...

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