Market News

The Balatoni Crown voucher has been introduced

Navracsics Tibor Deputy Prime Minister, Minister of Justice and Public Administration placed the voucher that is replacing money on the market. The Balatoni Crown is the first system, which operates...

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Food trade and drugstores also benefited from the OTC turnover in Germany

The retail sales of nonprescription drugs and medicinal preparations (OTC) reached 8 billion euros in Germany last year. According to Nielsen market research company; this is a  2 percent increase...

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Third of the Easter meat comes from SMEs

About a third of the meat products marketed during the Easter holidays are from Hungarian small and medium sized enterprises – said Babati Zoltán, board member of the the Livestock...

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Consumer and business confidence improved in Hungary

In March the GKI-Erste economic sentiment index adjusted for seasonal effects rose to its 2011 late summer level following a continuous decline of almost one year (except the last two...

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150 billion HUF spent on domestic advertising last year

One hundred and fifty billion HUF was the domestic advertising cake in 2011 – was said at the Media Market and Research 2012 conference in Tapolca. On the forum of...

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Food controls from farm to fork

A new authority, the National Food Chain Safety Office controls the Hungarian food from farm to fork from the middle of this month – Fazekas Sándor, rural development minister announced...

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The construction works of the Hegyvidék Center are completed

The implementation of the Hegyvidék Center in the 12th district soon to be finished. This year’s only new and modern retail development is scheduled to open its doors in mid-October....

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Beer production increased again after three years in the Czech Republic

Last year, beer production increased again in the Czech Republic after three years of decline. The annual increase was 2.7 percent, compared to 2010  – the Czech Brewers Association announced...

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Only 13 percent of the domestic SMEs are operating a webshop

Only 42 percent of the domestic small and medium-sized enterprises have internet sites. Only 13 percent of them are running a webshop. Since more than half of the domestic consumers...

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Water is one of the safest type of food

There are 7 billion people to feed on the planet today and another 2 billion are expected to join by 2050. Statistics say that each of us drinks from 2...

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Application for consumer protection logos

The consumer protection authority announces the consumer-friendly logo, in order to promote quality conscious purchasing: the trademark can be won under strict conditions, in the scope of a competition –...

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Program for the revitalisation of the onion production in Makó

The Ministry of Rural Development with the involvement of the producers develops a Makói Onion Program in order to revitalise the worldwide known and high value onion production in Makó....

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Fruits and vegetables also beautifies you

The vegetables and fruits are not only health guards, but also beautifies you – by using them “internally”, for example not as packing cucumber on your skin. British researchers at...

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Twenty-four thousand hectares of wheat is in critical condition in Békés county

Winter wheat is in critical condition on about 24 thousand hectares in Békés county. This is 25 percent of the county’s sown area. The crop is poorly developed, and because...

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MGYOSZ: the environmental product fee does not point towards simplification

The Federation of Employers and Industrialists (MGYOSZ) has recently received several indications that the environmental product fee – introduced in 2011- puts excessive administrative burden on domestic companies in its...

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Poultry meat prices is expected to increase in three steps

Poultry production and processing costs have significantly increased since 2006, while consumer prices grew in a much lesser extent – shows the analysis of the Poultry Product Council. Therefore, due...

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The food chain surveillance fee can disadvantage the domestic products

The regulation that controls the food chain surveillance fee is expected to enter into force from late March, early April – the experts of PricewaterhouseCoopers (PwC) Ltd. published at a...

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AmCham: innovation is a key determinant of a country's competitiveness

Research&Development&Innovation (R&D&I) are the key factors that basically determinate a country's competitiveness – emphasized Havas István, chairman of the American Chamber of Commerce (AmCham) operating in Hungary at Tuesday’s press...

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More money in circulation with less debit cards

Hungarians are trying to use their debit cards more and more economically – shows the datas of the Hungarian National Bank. Less cards were used but more money was taken...

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At the beginning of the year gross average salary was 219 000HUF in Hungary

In the first month of 2012 gross average salaries rose in the national economy by 4.3 percent, whereas net salaries excluding family tax benefits rose by 1.4 percent in comparison...

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KSH: average gross wage changed

The average gross earnings of the full-time employees were 219,100 HUF in January. The wage of those who are working in enterprises was 225,000 HUF, while employees at the budgetary...

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Russia bans imports of live animals

Cattle – sheep – goat and pork imports to Russia are prohibited from Tuesday – confirmed the Russian animal health authority on Monday. According to the communication, the action is...

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China: three billion debit cards

Late last year, the Chinese people owned a total of 2 billion 950 million debit cards, an average of two cards per one Chinese resident – the Chinese central bank...

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Magazine: Mouth care: consumers look twice at every penny

According to Dr Mária Magdolna Dima, a Teva (Elmex) consultation partner and head of the preventive dentistry department at the Heim Pál Children’s Hospital, only less than 1 percent of...

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The world's leading brands are keeping off Hungary

London, Paris and Moscow attract most of the top brands, these brands are only appearing at outstanding locations, which cannot be found in Hungary currently – told Jones Lang LaSalle...

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Egg prices are increasing throughout Europe

Czechs are buying large quantities of eggs from German stores near the border, because eggs are much more cheaper there than in the Czech Republic. Therefore, German stores strict the...

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Additional restrictions to preserve the GMO-free status of the Hungarian agriculture

In order to preserve the GMO-free (genetically modified organisms-free) status of the Hungarian agriculture, the rural development minister introduces additional restrictive measures. The regulation was published on Monday in the...

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Plastic shopping bags may be banned

According to a study, the European Commission is considering to regulate the use of plastic shopping bags similar to the carbon dioxide emissions, to protect the environment, but does not...

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Wages increased the most in Fejér, decreased the most in Nógrád county

According to the salary survey of Fizetesek.hu, operated by the Workania job portal, the national average gross salary in 2011 was 212,600 HUF. The average wage was the highest in...

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Magazine: Good housewives keep their home clean

– Although most housewives are not particularly keen on cleaning, a clean home is important for the majority of them because a clean or dirty home reveals a lot about...

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