Market News
This year will not be a record year in agriculture
Date: 2012-06-27 13:35:28
The fruits were decimated by the frost, grain by the drought, and much depends on the future development of the weather. It is certain: this year we can not expect...
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This year's grain will be marketed with reverse tax from July
Date: 2012-06-27 12:55:56
The domestic grain, oilseeds and protein crops can be sold with reverse tax in 2012. The law will come into force on the 1st of July. The new system eliminates...
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Czerván György: harvest is going on, 4 million tons are expected from winter wheat
Date: 2012-06-27 12:40:15
After the harvest of the winter barley, the harvest of the winter wheat has also started in the country. 4 million tons are expected similar amount as last year –...
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The number of insolvency proceedings increased significantly in the first quarter
Date: 2012-06-27 12:00:16
The number of insolvency proceedings increased exceptionally, by 33 percent in the first quarter in Hungary, compared to the datas of the previous year – states the comparative analysis of...
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Food plays an important role in health care
Date: 2012-06-27 10:45:07
Healthy Food in Health Care is a national initiative to encourage healthy & sustainable food purchasing in hospital cafeterias and patient meals. In Washington state, approximately 15 hospitals have signed...
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PwC: “Multi-channel shoppers' pose challenges to the retail sector
Date: 2012-06-26 12:50:42
Retail stores have to completely re-interpret the concept and the role of the costumers in the sales process, due to the appearance of the new generation of consumers, the “multi-channel...
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European Food Aid after 2013
Date: 2012-06-26 12:15:31
Important decisions have been taken at European level, at the end of 2011, to ensure the financing of the European Food Aid Programme till the end of 2013. But the...
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Nielsen measures the effect of TV advertising in four countries
Date: 2012-06-26 12:15:16
Nielsen has started to measure the impact of television advertising on consumers beside the U.S. and Britain in Germany and in China – announced the company in New York on...
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The forecast of GKI Economic Research Co. for 2012
Date: 2012-06-26 12:09:55
Hungary is lagging behind the EU in economic terms and is becoming isolated politically from the EU. According the latest figures GDP trends are the most unfavourable in Hungary following...
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Watermelon harvest started in South Békés
Date: 2012-06-26 11:20:38
Watermelon harvest started in the south of Békés county. High-volume sales will begin in the first week of July on the domestic and export markets – Lipták László, company manager...
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The more than expected decline in retail sales surprised the analysts
Date: 2012-06-25 13:10:23
Retail sales in April decreased much larger-than-expected – say analysts who expected a decline of over 1 percent in 2012. According to the Monday communication of the Central Statistical Office...
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KSH: April retail sales volume decreased
Date: 2012-06-25 13:00:21
The volume of retail sales in April declined by 2.7 percent, compared to the same period of the previous year. The sales decrease of food, food related retail stores, petrol...
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Money or jobs?
Date: 2012-06-25 12:00:58
According to the datas of Randstad Workmonitor, while more than half of the Spaniards or the Greeks would sacrifice a portion of their salary, only the third of the Hungarians...
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E-commerce: New digital platform
Date: 2012-06-25 11:55:18
MyBank is the EBA Clearing solution that permits Internet payments to be made using one's current account in a simple and totally safe manner. This new payment instrument goes to...
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Excise tax on cigarettes may increase next year
Date: 2012-06-25 11:50:37
On the basis of the 2013 budget proposal, excise tax on cigarettes may increase further next year. Although the draft of the budget calculates with 913.1 billion HUF revenue from...
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Profession.hu: many vacancies in the commercial sector
Date: 2012-06-25 11:48:35
The companies are mostly seeking for engineers, IT professionals, accountants in the past six months, but there were many vacancies in the fields of customer services and commerce – the...
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GDP and consumption: Hungary is far below the EU average
Date: 2012-06-22 14:17:43
Hungary’s per capita GDP in term of purchasing power parity is worse than in the Czech Republic or in Slovakia, and compared to Poland, the indicator is only a bit...
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GKI-Erste economic sentiment index stagnated in June
Date: 2012-06-22 13:33:07
Following the plunge in May GKI-Erste economic sentiment index (adjusted for seasonal factors) was close to stagnation in June. According to the survey prepared by GKI with the sponsorship of...
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There is no strong animal husbandry without stong agriculture
Date: 2012-06-22 12:25:07
There is no strong animal husbandry without stong agriculture. In this spirit, 2.6 billion HUF additional financing will be provided in next year's budget, in order to strengthen the pork...
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Hungary will finish the modernization of hen cages for time
Date: 2012-06-22 12:20:06
Hungary finishes the modernization of hen cages until the July 31 deadline – the Ministry of Rural Development (VM) informed MTI. 14 EU member states including Hungary could not meet...
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World trade is declining for the second month
Date: 2012-06-22 12:18:45
According to the datas of the Dutch CPB Economy Analysis Center, world trade declined in volume for the second consecutive month in April, due to the slowdown of global activity....
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New shopping mall opened in Siófok
Date: 2012-06-22 12:00:58
The Sió Pláza entertainment and shopping center opened on Thursday in Siófok. The mall was built with a 5 billion HUF investment, implemented by the Sió Ingatlan Invest Kft., which...
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Fish stocking: Catfish spawns will be stocked in place of pikeperches into the Tisza-lake
Date: 2012-06-22 11:20:19
The artificial pikeperch stocking of the Tisza-tavi Sporthorgász Közhasznú Nonprofit Kft. failed due to the unfavorable weather this year, but from catfish they will stock double volume to the reservoir....
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The Hungarian beer market increases again
Date: 2012-06-21 12:28:47
The decline of the domestic beer market lasting since 2006 seems to be reversed: last year sales grew by 3.8 percent. The Association of Hungarian Brewers explains the good results...
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The EU does not like the Hungarian taxation of pálinka
Date: 2012-06-21 12:10:40
The European Commission on Thursday called on Hungary to terminate the partial excise tax exemption of pálinka, ban the traditional hen cages as soon as possible and strongly requested to...
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HITA: Hungary is the most attractive investment destination in the region
Date: 2012-06-21 12:03:50
According to rankings, published in the 2012 May issue of the Site Selection magazine, Hungary is the most attractive investment destination in the Eastern European region. According to the North...
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EURO 2012 – So far, 200 thousand liters of beer was sold in the fan zone in Kiev
Date: 2012-06-21 12:01:18
The football fans drank 200 thousand liters of beer in the fan zone of Kiev, since the beginning of the Ukrainian-Polish Football European Championship. Eight kilometers of sausages were sold...
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The ratio of domestic food products decreased in the Slovak stores
Date: 2012-06-21 11:20:46
The ratio of domestic food products decreased to a record low level, to 46 percent, compared to last year's 50 percent in the Slovak stores –the Slovak Chamber of Food...
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Pálinka safe is planned to be established in Szabolcs
Date: 2012-06-21 10:00:36
The establishment of a museum pálinka safe is planned in Szabolcs-Szatmár-Bereg County, where the region's most successful distillates will be preserved for posterity. The development of the safe was offered...
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Heat – Increasing mineral water, beer and ice-cream sales
Date: 2012-06-20 13:15:50
Mineral water, beer and ice-cream retail sales are increasing during the heat. Fodor Attila, director of communications at CBA told MTI on Wednesday, that from Friday, the sales of summer...
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