Market News

(HU) A KAP jövőjéről tanácskoznak az agrárkamarai vezetők Budapesten

The leaders of a number of the recently joined EU countries discuss over the European Union Common Agricultural Policy (CAP) between 2014-2020 in Budapest, at the 43rd Agricultural Chamber meeting...

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State monopoly on tobacco sales?

A Fidesz representative's motion would considerably tighten tobacco retailing from 2013, inter alia, a state monopoly would be undertaken. According to the proposal; the retail trade in tobacco products would...

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Consumer confidence improved in Europe's largest economy

Consumer confidence improved in Germany. The forward-looking, sentiment index for December became 5.6 points after the 5.4 points of November. (It was 5.5 points in October). Analysts expected a 5.2...

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GKI-Erste economic sentiment index stopped deteriorating in November

In November the GKI-Erste economic sentiment index adjusted for seasonal effects stopped to deteriorate after more than half a year long decline. Both business and consumer expectations improved slightly, within...

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Magazine: Average prices are likely to keep increasing on the biscuit market

There has been a drastic increase in flour prices recently, making the life of biscuit distributors harder. Retail was very unwilling to accept increased prices. Now flour prices are decreasing...

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Slovakia may lose the Tokaj denotation of origin

There is a growing probability that Slovakia will lose the Tokaj protected designation of origin. As it is known, Hungary sued the European Commission at the European Court of Justice...

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The Australian government approved the 11 billion beer industrial acquisition

The Australian government approved the acquisition of Foster's Group Ltd.. The SABMiller buys the brewery for 11.5 billion Australian dollars. However, the government has set certain conditions, such as the...

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Retail sales decreasing for five month in Italy

Retail sales in September.decreased for the fifth consecutive month in Italy, that is Europe's third largest economy. The retail sales declined by 0.4 percent in September, seasonally adjusted, compared with...

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KSH: retail sales on the same level in September

The retail sales volume in September 2011 and in the first nine months of the year remained on the level of the previous year's – announced the Central Statistical Office...

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Experts say that the low volume of consumption is due to credit repayments

The public household consumption is low and retail trade turnover is stagnant, due to the consumer credit debts analyzed the National Economy Ministry (NGM), the datas of the Central Statistical...

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Panorama Before Christmas

There is only one month until Christmas: the dealers have been preparing for the peak shopping season for weeks, months, the shops are full of potential gifts. Customers do not...

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Agricultiural chambers coordinate their views on the future of the Common Agricultural Policy

Next week, agricultural chamber leaders of nine Central European countries will gather in Budapest to coordinate their positions over the EU's Common Agricultural Policy, between 2014 and 2020 – told...

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Ministry of Rural Development: tax increase on jam imitations

The parliament supported the tax increase on jam imitations. Because of the initiative of the Ministry of Rural Development (VM) in the future the tax on jams with low fruit...

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Workania: companies offer the most jobs in Budapest

Almost a third of the advertised online jobs were offered in Budapest offered in the first ten months of the year, most job opportunities are from the areas of sales...

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Pre-Christmas food safety control series in Heves

The Food Chain and Animal Health Safety Directorate of the Heves County Government Office will carry out a series of food security controls until the 31st of December in Heves...

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More smartphones sold in China than in the U.S.A.

In the third quarter more smartphones were sold in China than in the U.S. – shows the Thursday published datas of Strategy Analytics a market research institute. In the third...

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Ministry of Rural Development: the new EU regulation on food labeling has been published

The new EU regulation on food labeling has been published, which was agreed under the Hungarian Presidency, and which is intended to provide consumers to find healthier foods easier. The...

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Arteries need milk and sunshine

The arteries of those children do not develop intact, who can not get enough vitamin D in their body. The surprising and novel result was presented by Kansas City Children's...

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Industrial orders fell in the euro area

Industrial orders fell significantly in the euro area in September, the highest rate since 2008 – said the European Union's statistical office the Eurostat on Wednesday. According to the organization;...

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China can be the world's largest e-commerce market in the middle of the decade

China's e-commerce market is rapidly increasing e and the East Asian country in 2015 can overtake the current leader, the United States – predicts the Boston Consulting Group (BCG). The...

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FAO: 2014 will be the year of family farming

The First Workshop of Experts on Family Agriculture was held between 3 and November 4. This meeting was organized by the FAO through Latin America and the Caribbean without Hunger...

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Strategic co-operation between Hungary and India

Exim Bank of India and Exim Bank of Hungary have signed reciprocal Lines of Credit (LOCs) Agreements of US$ 10 million each in New Delhi on Friday, November 3, 2006....

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Environment: Major expansion of Europe's protected natural areas

Natura 2000, the EU's network of protected areas, has undergone a significant expansion. Nearly 18 800 square kilometres have been added, including a major addition of marine areas covering 17...

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Professional Associations: the plaza stop will be the final strike on the construction industry

Four professional organizations concern about the bill amendment on “mall-stop”, because they think it brings a huge threat on economic growth and employment. According to them, it will deepen the...

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Mall Stop: The chains may already have the building permit

It is rumored that the large supermarket chains have their building permits for years, despite the parliament adopted the law on mall stop. Apparently, the government and the large retail...

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BusinessEurope: employment should be increased in Europe

According to BusinessEurope, European employers' advocacy organization; the continuous loss of employment in Europe needs an urgent intervention. Currently, nearly 23 million unemployed can be found in the European Union...

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The Four Paws Foundation violates laws

The Municipal Public Prosecutor's Office has finished the investigation in connection with the Four Paws Animal Foundation's legality of operation. During the investigation several violations of law and omissions were...

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Dotcommerce Day: huge online discounts

The Dotcommerce Day online shopping day will be held on the 24th of November. This day is about conscious online shopping and about amazing online discounts in the whole country....

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The establishment of a purchasing department was initiated in the e-commerce alliance

The associated community shopping sites will lay down strict ethical code the latest e-commerce business model rules. The aim of the self-regulation is to determinate fair and safe market rules...

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Magazine: Demand is growing for both sophisticated and cheaper packaging materials

Zsolt Krajcár, owner of Krajcár Packaging Industry Kft. is of the opinion that the strengthening of multinational retail chains has considerable influence over the domestic packaging material market: packaging costs...

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