Market News
The Hungarian product draft regulation awaits for EU approval
Date: 2012-04-23 13:10:57
Gyaraky Zoltán, the ministry's head of department told MTI that with the regulation the Ministry would help to stimulate the voluntary food labeling of Hungarian products. The Rural Development Ministry...
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GKI-Erste’s economic index stagnated in April
Date: 2012-04-23 13:00:24
The seasonally adjusted value of the GKI-Erste economic index in April stayed on the level of March. According to the GKI Economic Research Co., in the business sector a minimal...
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Fake primary producers on the fruit and vegetable market
Date: 2012-04-23 12:20:25
The two priority areas of the National Food Chain Safety Office (NÉBIH) and the county government offices to filter out the fake primary producers filtering, and the investigation of the...
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MADOSZ the decline of tobacco-growing areas can stop
Date: 2012-04-23 12:05:34
According to the Hungarian Tobacco Farmers Association (MADOSZ), the decline of tobacco-growing areas can stop this year. The farmers are expected to plant 4800 hectares, such as in last year...
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China is world leader in food consumption
Date: 2012-04-23 10:08:04
According to a recent British study, food consumption in China overtook the food consumption of the United States. According to the datas of IGD, in 2011, Chinese food stores reached...
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Petition to resolve crisis after Malév grounding
Date: 2012-04-23 10:01:53
Local officials from about thirty communities around Liszt Ferenc International Airport Budapest, along with their representatives in Parliament, have signed a declaration calling for measures to resolve a crisis resulting...
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Hungarian Postal Service signing a contract with Synergon's subsidiary
Date: 2012-04-23 09:13:47
Hungarian IT company Synergon aims to raise its consolidated annual revenue to around HUF 30bn in 2-3 years and wants to expand abroad, through organic growth or with acquisitions. ynergon...
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The first shipment of Chinese cabbage from Hungary set sail to Russia
Date: 2012-04-20 13:27:48
After the successful export of Hungarian apples, the first shipment of fresh Chinese cabbage has been launched for the order of the Magnit group – informed the Ministry of Rural...
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Széchenyi Card Program: Ten years, 1,000 billion loans
Date: 2012-04-20 13:25:37
The Széchenyi Card Program that was launched to improve the financial opportunities of the micro, small and medium-sized enterprises ten years ago. Over the years, the Széchenyi Card became the...
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Demand for alcoholic beverages is reducing in Slovakia
Date: 2012-04-20 12:22:15
The sales of alcoholic drinks in Slovakia decreased continuously by 12 percent in ten years, and more than 21 percent in 20 years – reported the Hospodárské Noviny daily on...
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KSH: the gross average wage was 217,800 HUF in January and February 2012
Date: 2012-04-19 18:20:59
According to the communication of the Central Statistical Office (KSH) the average gross earnings of the full-time employees was 217,800 HUF, 225,200 HUF of people working at enterprises and 202,000...
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The Labor Code will be more flexible
Date: 2012-04-19 12:55:56
From the 1st of July the Labor Code will change in a number of points. The new law, that was adopted in December will significantly influence the labor relations after...
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Consumer confidence weakened in Europe
Date: 2012-04-19 12:53:37
Consumer confidence weakened in the euro area and throughout the European Union in April, after three consecutive months of improvement. According to the Thursday released preliminary data of the European...
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Szolnok is still collecting the downpayment to the citric acid manufacturing investment
Date: 2012-04-19 12:45:29
Szolnok’s Mayor informed Népszabadság, that the city is still working on to collect the own contribution to the Chinese backgrounded citric acid factory. They are investigating whether banks or other...
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Leading economic research institutes expect boom in the German economy
Date: 2012-04-19 12:00:40
In Germany, the economy develops vigorously in 2012 and 2013, despite the economic crisis. Unemployment will fall, wages will rise, the deficit will be getting smaller – shows the joint...
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“Bar code” was already used in ancient times
Date: 2012-04-19 10:39:03
Italian archaeologists have discovered “bar code” on the closing plugs of ancient amphoras. The recorded informations can be found on pottery used for carrying primarily oil. These artifacts can help...
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IMF: global economic outlook seems to be improving again
Date: 2012-04-18 13:30:19
After last year’s decrease, the global economic outlook gradually improved again, although the downward risks remain pronounced – shows last year’s World Economic Outlook, published on the website of the...
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FruitVeB: hard-shell plants suffered the most due to the cold Easter weather
Date: 2012-04-18 12:05:07
On the basis of the preliminary surveys, this year's Easter frost caused larger damages in the orchards of the country than last year – said Mártonffy Béla, president of the...
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Sága’s grilled sausages made of turkey meat can be the hits of the summer
Date: 2012-04-18 11:10:30
Sága starts the summer season with popular – Hungarian and cheese – flavored, turkey products: from may, the company provides spicy Hungarian style (pepper) and grilled sausages enriched with pieces...
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Beer consumption is decreasing, while wine consumption is increasing in the Czech Republic
Date: 2012-04-18 11:05:13
According to the datas of the Czech Statistical Office (CSÚ), while in 2005 the per capita beer consumption reached 164 liters, in the Czech Republic, this figure dropped back to...
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More and more tourists from Slovakia visit Hungary
Date: 2012-04-18 10:00:11
The number of guests from Slovakia is increasing from year to year, at hoilday resorts in Hungary. Last year, only at the Lake Balaton 13 thousand tourist spent their vacation...
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Several food companies among the Top 20 list of the Hungarian companies expanding abroad
Date: 2012-04-17 13:20:44
The New York-based Vale Columbia Center and the ICEG European Center examined the expansion of Hungarian companies in abroad. The foreign assets of the ranked twenty companies between 2008 and...
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Nemtudom P3 plum and Csengődi cherry in the National Species Catalogue
Date: 2012-04-17 13:02:39
The Species Certificating Committee recognized newly bred grapes and fruit varieties – told the Ministry of Rural Development (VM) to MTI on Tuesday. The Board, among others, took up the...
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Two billion HUF remains in the food industry
Date: 2012-04-17 12:45:40
The Hungarian food industry no need to pay the two billion HUF worth annual disaster protection contribution, because the parliament changed the certain provisions of the Act. The original legislation...
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Fee should be paid for the registration of recyclable packaging products
Date: 2012-04-17 12:38:46
The National Environmental Protection and Water Management Inspectorate will register the recyclable packaging, on the basis of companies and types, in the future. The registration will cost 80 thousand HUF...
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Czech-Polish food debate
Date: 2012-04-17 12:15:04
The Czech Republic will try to achieve at the competent fora of the European Union, to ban the imports of Polish food – said Petr Bendl, Czech Minister of Agriculture...
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The ZEW index indicates an improved mood in the strongest economy of Europe
Date: 2012-04-17 12:10:04
Economic sentiment further improvement in April in Germany. The ZEW index increased from 22.3 points to 23.4 points. According to the survey of the Mannheim-based ZEW, German economic sentiment improves...
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Coface: persistent credit risk in most countries
Date: 2012-04-17 10:57:10
he situation of companies in the construction sector closely reflects the world, regional and national economic trends. At a time when the world economy is characterized by divergences between countries,...
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Dissolving of the mall stop is not on agenda
Date: 2012-04-16 14:10:37
Contrary to the expectations, the dissolving of the mall stop was not the subject of last week's cabinet meeting. As they say, the retail floor space is strictly regulated in...
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The delay of investments caused a 300 billion HUF loss to the SMEs
Date: 2012-04-16 13:30:39
According to the survey of GE Capital, business activity and investment sentiment greatly reduced in the case of the small and medium-sized enterprises (SMEs) in the past two years. The...
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