Market News
Product of the Year: the Hungarian jury is set
Date: 2011-11-17 12:24:38
The recognition based on the votes of consumers was handed over 25 years ago in France and now it is present in 29 countries, and reaches nearly three billion buyers.The...
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Nielsen: Consumers buy less in third quarter
Date: 2011-11-16 18:13:49
European consumers are not very courageous and experimental at the moment, due to the strange situations in economy. Besides Hungary, 12 more countries sold less food, cosmetical products in the...
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Agriculture is making the national GDP increase
Date: 2011-11-16 18:06:37
Agricultural GDP has seen a 9.8 percent growth last year. Due to the more favourable production this year, a higher increase is to be seen this year – the Ministry...
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The Budget Committee has supported the mall stop and the ban on consumer groups
Date: 2011-11-16 15:10:22
In parallel with the construction ban on more than 300 square meters stores, the parliamentary body would prohibit the organization of consumer groups from the next year. The Court of...
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Hungary initiates the extension of the European Union's sugar quota system
Date: 2011-11-16 13:10:14
On Monday Hungary proposed that the sugar quota system, that is planned to be terminated from 2015 in the European Union should be maintained until at least 2020 – said...
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Mall construction is accelerating in Romania
Date: 2011-11-16 12:22:53
New shopping centers are opened throughout Romania, despite the fact that Romania's economic situation is not so good, and real estate developers plan to build more malls – wrote Krónika...
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Hungarian cattle can go to China
Date: 2011-11-15 13:28:03
Hungary is free of Mad Cow Disease, therefore it can be one of the first countries to deliver cattle to the Chinese market – Endre Kardeván, state of secretary of...
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GDP on an annual basis grew by close to 1.5 percent in the third quarter
Date: 2011-11-15 13:20:54
The third quarterly data of the gross domestic product (GDP) was roughly equal to the analysts' expectations. On the basis of the quick assessment of the Central Statistical Office (KSH)...
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Even pork prices rises
Date: 2011-11-15 13:10:59
According to the Central Statistical Office; the producer price of slaughtered animals was 13.1 percent higher in this September, compared to the same period of the previous year. Wheat and...
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The EU worries of egg shortages
Date: 2011-11-15 13:05:56
There will be a grace period in the changing of old laying hen cages into EU standard cages, but the eggs of hens raised in the old cages can be...
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Fruit and vegetable growers can apply for one billion HUF
Date: 2011-11-15 13:01:24
The fruit and vegetable producer organizations can apply for support one billion HUF, after the European Union approved the additional domestic funding. The European Union approved the additional domestic funding...
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The Democratic Coalition turns to the competition authority due to the mall stop
Date: 2011-11-15 12:50:02
The Democratic Coalition considers the mall stop antisocial and competition limiting, therefore the Democratic Coalition turns to the Economy Competition Authority. Government spokesman Giró-Szász András announced last Thursday that a...
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Several trucks with unidentifiable food were seized in Kőbánya
Date: 2011-11-15 12:20:19
Several trucks with unidentifiable animal and plant origin of foods were seized in Kőbánya – announced the press office of the Ministry of Rural Development on Tuesday. According to the...
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The Product of the Year Award will be handed over in Hungary for the first time
Date: 2011-11-14 13:25:46
The Product of the Year recognition will be handed over for the first time in Hungary. The manufacturers or distributors can nominate their daily consumpted, innovative products which are on...
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Industrial production decreased in the EU
Date: 2011-11-14 13:20:19
Industrial production declined in the euro area in September, compared with the previous month – published European Union's statistical office on Monday. In the seventeen countries of the eurozone industrial...
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Agricultural prices increased by 17 percent in one year
Date: 2011-11-14 13:00:30
The agricultural producer price level in September was 16.9 percent higher than a year ago, the producer price of plant products increased by 19.2, live animals and animal products by...
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The simple business tax (EVA) remains in 2012
Date: 2011-11-14 12:58:58
The simple business tax (EVA) will remain in 2012, however its amount limit and tax rate will rise – said Lázár János Fidesz parliamentary group leader to MTI. About the...
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Pre-Christmas consumer protection checks concentrating on large chains
Date: 2011-11-14 12:40:40
The National Consumer Protection Authority and the county government offices begin their pre-Christmas consumer protection checks on Monday, which aims to ensure safe conditions for Christmas shopping – the authorities...
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Negotiations over the Tokaji wine region
Date: 2011-11-14 12:25:58
Slovakia must apply to the European Commission to use the Tokaj wine brand, until the end of the year and must specify the parameters of the Slovakian Tokaj wine region....
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VM: date mark of foods will be unified
Date: 2011-11-11 14:50:31
Food manufacturers from the next year should indicate the date of durability in a day / month / year order on the products – called the attention the Ministry of...
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KSH: 12-month inflation was 3.9 percent in October
Date: 2011-11-11 14:40:30
In October, consumer prices rose by 0.7 percent monthly and were 3.9 percent higher than a year ago – said the Central Statistical Office (KSH) on Friday. Analysts expected 3.4...
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Magazine: Packaging communicates better and better
Date: 2011-11-11 14:38:33
Retailers often underestimate the significance of packaging – this was one of the conclusions drawn at the Interpack trade fair, held in Düsseldorf this May. Sebastian Pflügge, press director of...
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HITA: Hungarian wine export has the momentum in China and in Hong Kong
Date: 2011-11-11 14:00:28
China and Hong Kong remain one of the key target for the promotion of Hungarian wines in the Asia-Pacific region, – informed the National Foreign Trade Office (HITA) MTI on...
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Russia bans German live pigs imports
Date: 2011-11-11 13:05:49
Russia, bans German live pigs imports on the basis of animal health reasons from mid-November. The Russian veterinary service announced that they ban the German live pigs imports from the...
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Pannonhalma wine region: increase in cultivated area, high yield
Date: 2011-11-11 13:00:04
After a decade of decrease, the grape grown area in the Pannonhalma wine region increased this year and this year's harvest is one of the best of the last decades...
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Demján's dream, the Hungarian hypermarket can be realized
Date: 2011-11-10 13:32:42
– We need Hungarian hypermarkets! – said Demján Sándor, the Executive National Chairman of the Association of the Entrepreneurs and Employers 10th of November last year. According to press reports;...
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Tax burden may hit the point collecting actions
Date: 2011-11-10 13:30:53
Overall, more than 50 percent tax would hit those discounts on purchases that are not actually in favor for an individual person. As the payer has no possibility for advance...
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The USA can recognize for next summerthat Hungary is free of swine fever
Date: 2011-11-10 13:30:03
The United States can recognize until the summer of 2012 that Hungary is free of swine fever, which can boost Hungarian agricultural exports overseas – told Fazekas Sándor Rural Development...
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Government spokesman: mall stop from 2012
Date: 2011-11-10 13:28:13
From next January, the construction of over 300 square meters of commercial structures will be prohibited – announced Giró-Szász András government spokesman at Thursday's press conference. Giró-Szász András said that...
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The recovery from the crisis stopped in the EU
Date: 2011-11-10 13:27:33
The recovery process from economic crisis stopped in the EU, we have to prepare for economic stagnation in Europe – told the European Commission in its comprehensive forecast published on...
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