Market News
Growing Hungarian wine support in the Common Agricultural Policy
Date: 2012-05-25 13:02:56
Hungarian wineries will receive 29 million euros – more than 8.5 billion HUF in the next financial period of the Common Agricultural Policy (KAP), that will begin in 2014 –...
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Coffee and tea is leading the list of soft drinks
Date: 2012-05-25 12:20:13
Nearly 60 percent of the adult population consumes coffee on a daily basis in order to enhance wakefulness and another 10 percent does it in every 2-3 days – shows...
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Retail park can be built from eight to ten billion forints in Győr
Date: 2012-05-25 11:40:26
The retail park, can be built from eight to ten billion forints in the south-south-west edge of Győr. It can create about three to four hundred jobs – said major...
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The analysts are surprised by the positive retail sales of March
Date: 2012-05-24 13:40:43
Analysts said that the positive trend in March retail sales caused a surprise. In March this year the retail sales volume was 0.9 percent higher, compared to the previous year,...
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KSH: an increase occiured in the retail sales of March
Date: 2012-05-24 13:35:17
The volume of retail sales in March this year was 0.9 percent higher than in February. In the first quarter a stagnation could be observed – the Central Statistical Office...
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3,300 billion HUF worth food products on the Hungarian market
Date: 2012-05-24 12:50:53
Annually, about 3,300 billion HUF worth food and food related products are distributed on the Hungarian market – said Feldman Zsolt, Deputy Secretary of State at the Ministry of Rural...
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Hungarians use fewer cell phone functions than the European average
Date: 2012-05-24 12:48:03
Hungarians use cell phones – in addition to phone calls – mostly to send SMS messages (72 percent), to take photographs (58 percent), or to leave messages (52 percent) –...
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Five billion forints for food businesses
Date: 2012-05-24 12:30:57
The Ministry of Rural Development (VM) told MTI on Wednesday, that the application to develop agricultural and food processing plants has been published. Farmers can apply for 3, the the...
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The Food Bank has received a honorary degree
Date: 2012-05-24 12:02:06
The Food Bank (Élelmiszerbank) was received a honorary degree signed by György Habsburg, president of the Hungarian Red Cross. In the letter, György Habsburg expresses the recognition and appreciation on...
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Czechs boycott Polish food
Date: 2012-05-24 11:54:30
The Czechs significantly limited the purchase of Polish food products, because they are frightened by the news that Polish manufacturers preserved several food products with industrial salt. According to the...
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Hungarians Pushing More Online Shopping Carts
Date: 2012-05-23 14:57:22
Few areas of the economy show growth to the extent produced by internet commerce in 2011, says GKIeNET – T-Mobile’s research survey titled “Report on the Internet Economy” and published...
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NÉBIH: brochure on the marking of eggs
Date: 2012-05-23 12:40:07
The National Food Chain Safety Office (NÉBIH) has published a brochure on the key informations on the marking of eggs – told NÉBIH on Wednesday to MTI. At the newest...
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The middle class of the emerging markets represents a huge buying power
Date: 2012-05-23 12:38:37
According to the Retail Market View study of Cushman & Wakefield, the retail world is a boundary-free global market. The developed retail markets are the base of this market, while...
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A good yield is expected in case of autumn sown crops
Date: 2012-05-23 11:55:09
According to Czerván György, State Secretary of the Ministry of Rural Development (VM), responsible for agri-management in case of sunflower and corn a good yield is expected. In case of...
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VAT increase in the Czech Republic
Date: 2012-05-23 11:40:24
The two keys of VAT will be increased by one-one percentage points to 15 and 21 percent – from January in the Czech Republic. The Czech government accepted the Finance...
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Grana Padano: blood pressure lowering Italian cheese
Date: 2012-05-23 11:35:33
According to an Italian study, the Italian Grana Padano Parmesan cheese, has reduced blood pressure at people do not taking ACE inhibitors. Among the inhabitants of the European Union every...
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Retail food prices in the first quarter increased by five percent in Europe, six percent in Hungary
Date: 2012-05-22 13:40:50
The average Hungarian food retail prices have risen by 6 percent in the first quarter of this year, compared to last year's comparable period. This is the second highest inflation...
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Oversupply reduces milk prices
Date: 2012-05-22 13:10:17
In Hungary, the average producers price of raw milk was 87.57 HUF per kilo in April 2012, which is a 4 percent decrease compared to March – announced the Agricultural...
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The turnover of webstores increases from year to year
Date: 2012-05-22 13:05:34
Last year, the retail sales of web stores increased to 155 -160 billion HUF, from the 133 billion HUF of 2010. 50 percent of the growth was achieved by new...
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End to upward trend of consumer climate
Date: 2012-05-22 12:13:34
The largely stable development of the mood among German consumers continued in spring this year. Economic expectations improved slightly once again and willingness to buy almost remained at the same...
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100 million bags of instant noodles are sold in China each day
Date: 2012-05-22 11:45:31
China is the world's largest instant noodles consumer, the Chinese are buying more than 100 million bags a day – said industry's experts at their international conference, held during the...
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Invitel: six percent growth is expected on the IT market
Date: 2012-05-21 12:50:56
It is projected that the value of the IT services will increase by about 6 percent annually in the next 6-7 years on the Hungarian market, while the system integration...
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Exploding consumer confidence in China
Date: 2012-05-21 11:42:14
Consumer confidence in the first quarter in China rose to heights, has not seen since seven years – shows the survey of Nielsen international market research firm. The consumer confidence...
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Red wine, fruit compound could help block fat cell formation
Date: 2012-05-21 11:40:08
The newly discovered component of grape juice inhibits the development of fat cells, thereby preventing obesity – U.S. researchers found. Fat subsides mostly on the hips and is primarily on...
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Work-Life balance improves
Date: 2012-05-21 10:07:02
Workers across the UK declare that the balance between their work and personal life has improved since 2010, according to a new Work-Life Balance Index based on the views of...
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OKSZ: it would be a mistake to close recidivist multinationals
Date: 2012-05-18 13:15:21
In recent days, a statement was said that the consumer protection authority is ready to close the recidivist multinationals. The intention is understandably, but it is questionable that, does the...
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The decline of real wages may further tighten the internal demand
Date: 2012-05-18 13:10:12
According to the communication of the Central Statistical Office, the average gross earnings exceeded the level of last year by 4.4 percent, at businesses with at least five employees, at...
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In Hungary, 59 percent of the companies does not pay on time
Date: 2012-05-18 12:58:42
In Europe the smallest proportion of Portugese companies pay their bills on time, while the best performance of the payment deadline can be found in Germany- shows th analysis of...
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FruitVeB: frost damages are smaller than initially seemed
Date: 2012-05-18 12:55:00
The damage caused by the frost is smaller, than it was expected, however, the Hungarian fruit growers can expect worse year than last year in terms of the value of...
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