Market News
Winemakers can apply for developments for four more days until now
Date: 2011-12-12 13:00:11
Wine producers can submit their applications until December 16 for non-refundable technology developments – said the Ministry of Rural Development (VM) on Monday. The Ministry draws the attention in itscommunication...
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The healing effect of white tea, miraclenut, and of rose was justified
Date: 2011-12-12 12:10:40
British researchers found while analyzing the antioxidant impact of plants used in folk medicine for thousands of years that white tea, miraclenut and rose are containing a lot of anti-inflammatory,...
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No pay rise for those who make more than the minimum wage
Date: 2011-12-12 10:29:50
According to a new survey by GKI, about 79% of Hungarian companies with annual net revenue over 250 million HUF plan to use the increase in the minimum wage as...
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Online shopping is taking the world over
Date: 2011-12-12 10:07:58
The Internet has transformed many aspects of life, but perhaps none more so than how we shop for goods and services. While it’s still nice to stop by a store...
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European finance policy: criticism of crisis management dominates
Date: 2011-12-12 08:33:17
Despite the crisis, private investors in Europe still believe in their currency. The majority believe in the continued existence of the euro. This confidence is only crumbling in the crisis...
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KSH: The Hungarian economy rose by 1.4 percent in the third quarter
Date: 2011-12-09 14:00:31
Hungary's gross domestic product (GDP) grew by 1.4 percent in the third quarter of 2011, compared to the same period of the last year. According to the seasonally and calendar...
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The small markets help the market access of the local farmers
Date: 2011-12-09 13:55:12
The Ministry of Rural Development seeks that the local farmers' products to reach consumers in the shortest possible way – said V. Németh Zsolt, State Secretary at the Ministry of...
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FAO reports about decreasing food prices
Date: 2011-12-09 13:50:11
According to the fresh analysis of UN's Food and Agriculture Organization, global food prices have slowed a decline in November. The FAO food price index was 215 points in November....
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Santa Claus Factory – Twice as many gifts on the first day, compared to the previous years
Date: 2011-12-09 12:18:31
Gifts donors brought twice as many gifts on the first day of the Santa Claus Factory, compared to the previous years – told the organizers to MTI. The Santa Claus...
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The horticultural sector provides new workplaces
Date: 2011-12-09 12:03:11
In Hungary, the circumstances are fine for the horticultural sector development, Zsolt V. Németh, secretary of the Rural Development pointed out on Thursday within the compass of FruitVeb's annual conference....
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PannonMill is closing a successful year due to high wheat-prices
Date: 2011-12-09 10:29:02
PannonMill Ltd is closing the fiscal year with an impressive 19.1 billion HUF net revenue on 30th September, which is a significant step ahead compared to last year's 11.5 billion...
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Cows kept on marc give more milk
Date: 2011-12-09 08:58:54
The milk yield of cattle, feed with marc significantly improved, in addition the amount of methane emitted by animals reduced greatly – Australian scientists told on Thursday. The amount of...
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Several tons of counterfeit foodstuffs were seized in the EU
Date: 2011-12-08 10:03:59
Europol agents confiscated hundreds of tons of counterfeit or poor-quality food during coordinated raids in recent days. As the European Police annonced the raids were carried out in Bulgaria, Denmark,...
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The Minister has decided on this year's farm development program applications
Date: 2011-12-08 09:00:43
Fazekas Sándor, Rural Development has approved the winning farm proposals: a total of 201 applicants won state support from the announced 930 million HUF national source support – told the...
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KSH: industrial production grew by 3.0 percent in October
Date: 2011-12-07 15:00:01
In October, the volume of industrial output grew by 3.0 percent,compared to the same month of last year – reports the Central Statistics Office (KSH) on the basis of preliminary...
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Hungarian bakers must compete with Albanian bakeries
Date: 2011-12-07 13:37:39
In the first place, Hungarian bakers need to compete with Albanian bakers, there are at least 300 of these bakeries in the country, and they have been getting more and...
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EU consumers have spent with half a percent more
Date: 2011-12-07 13:20:22
According to the Visa Europe EU barometer of consumer spendings; in the EU countries the average consumer spending rose by 0.5 percent in the third quarter of 2011, compared to...
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Four Paws now attacks on the egg front
Date: 2011-12-07 13:10:15
Csorbai Attila told in the Chain Bridge Radio that the Austrian organization's activities are meaning an another blow to the already ailing sector. The Municipal Public Prosecutor received the questionnaire...
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More effective consumer protection in the conciliation boards
Date: 2011-12-07 13:08:47
More and more effective consumer protection is realized in the conciliation boards – stressed Baranovszky György,, president of the Conciliation Board of Budapest on Wednesday, at press conference. He said...
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CandyKing enters the Hungarian market
Date: 2011-12-07 12:30:47
The basic idea of Candyking is that the consumer puts together his own candy bag according to need, taste and occasion. The assortment is of the highest quality and contains...
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GKIeNET: Online shopping is mainly done in November and December
Date: 2011-12-07 12:04:34
Hungarian shoppers usually spend a total of 14 thousand HUF on the worldwide web, and most online shopping is done during November and December – GKIeNET's latest data shows. There...
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SB Award: Superbrands Hungary is turning 7
Date: 2011-12-07 12:00:37
This was the seventh time independent jury members consisting of experts sat together in Hungary to list the best Hungarian products winning the title Superbrands and Business Superbrands. The prestious...
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Christmas preparations: we are getting more and more conscious
Date: 2011-12-06 18:04:27
The population is getting prepared for this year's Christmas in a rather modest way – a new survey carried out by Budapest Bank pointed out. The money spent on presents...
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How green are consumers really?
Date: 2011-12-06 17:35:02
When it comes to sustainable consumption, considerations of cost and use generally outweigh concern for the environment. However, in other areas, such as the national energy supply or waste disposal/recycling,...
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SzEK: the fifth of the annual online spending is during the Christmas season
Date: 2011-12-06 13:10:50
People purchasing for Christmas for an average of 14,000 forints on the web, spending the most online in the November-December period – told the Association for E-commerce Non-Profit Association (SzEK)...
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Turkey suspended the imports of Hungarian cattle
Date: 2011-12-06 13:00:25
Turkey has suspended the imports of Hungarian cattle – confirmed the information Wagenhoffer Zsombor, Executive Director of the Hungarian National Association of Hungarian Stockbreeders (MÁSZ). According to Wagenhoffer Zsombor, the...
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Foil producing can save the production of paprika
Date: 2011-12-06 12:58:53
The increasing awareness for PDO products and the growing spread of lead foil producing can result in an increase of pepper growing areas – was said at the Renaissance of...
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RSM DTM: The VAT traps of coupon purchasing
Date: 2011-12-06 12:55:06
On the domestic market of community shopping portals, that have a 3 to 3.5 billion net sales such services and products have starded to be distributed in the recent past,...
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The EU VAT system may be transformed
Date: 2011-12-06 12:35:19
The European Commission is trying to renew the obsolete European Union VAT system. Brussels proposed a reform on the EU VAT system. “More than 20 percent of the national incomes...
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Hungarians prefer to discuss health issues with the pharmacist
Date: 2011-12-06 10:32:57
Hungarians tend to discuss their health-problems with their pharmacist way more often than the European average would. Most people turn to the pharmacist for advice due to nasal congestion, cough,...
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