Market News
Less wine in the cellars this year
Date: 2011-11-10 13:00:41
This year's wine quantity will be less than the average – said Horváth Csaba, Secretary-General of the National Council of Mountain Villages (HNT) on Thursday, at the Parliamentary session of...
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We listen to the bank when it comes to money
Date: 2011-11-10 13:00:18
More than three-quarter of the Hungarian middle-aged population obtains information about the saving possibilities in the bank personally – shows the research of OTP. The second most popular source is...
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Winemarketing supporting smallprojects again
Date: 2011-11-10 12:20:06
Due to previous success, Hungarian smallprojects can compete for support by Winemarketing Comittee again. The project is centered around making HUngarian wine more and more popular. The framework of the...
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GKI: Deteriorating expectations
Date: 2011-11-10 11:14:14
In October 2011 the GKI Budapest Real Estate Market Index shows significant decrease compared to the previous quarter. Expectations on every real estate segments deteriorated. More...
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The food industry in the world: companies under pressure faced with price volatility
Date: 2011-11-09 19:13:39
Having weathered the 2009 crisis well, the food industry has been faced with surging markets since June 2010 which are affecting food prices throughout the world and particularly in emerging...
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Nielsen: six out of ten consumers prefer the domestic Hungarian products
Date: 2011-11-09 14:41:44
About three-quarters of the domestic consumers prefer the Hungarian products in case of processed meat, vegetables, fruit and milk. The decisions of most of the consumers are influenced by the...
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Foreign trade turnover became better than analysts expected
Date: 2011-11-09 13:00:41
Foreign trade turnover and surplus in September was well above the expectations – told analysts polled by MTI, who, however, states that it seems that this does not raise the...
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The EU tries to encourage economic growth with consumer and health protection
Date: 2011-11-09 12:20:50
European Commission keeps the encouragement of economic growth in mind, with its health and consumer protection programs after 2013. “If people remain healthy and active further, that would be positive...
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The purchase price of milk stabilizes
Date: 2011-11-09 12:15:29
The purchase price of milk seems to be stabilized, so farmers who had losses in recent years can organize their ranks, improvements may also be carried out. However, the weak...
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Chinese-Hungarian goose breeding cooperation
Date: 2011-11-09 12:11:16
Kardeván Imre, State Secretary at the Ministry of Rural Development has reported about great success at the Second International Feather Festival. According to him; the Chinese-Hungarian goose breeding cooperation is...
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Bootleg cigarettes worth 6 million HUF found
Date: 2011-11-08 14:56:19
Cigarettes with foreign seals worth 6 million GUF have been seized on Tuesday at the M3 highway near Polgár – the police informed MTI on Tuesday. The driver was in...
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Analysts: positive signs in the industrial production growth
Date: 2011-11-08 13:20:04
After the halt in June and July, the analysts of Takarékbank and Raiffeisen consider the industrial production growth of September as a good sign. They believe that this year's average...
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Investor sentiment in the euro area is on nadir
Date: 2011-11-08 13:00:40
According to the survey of Sentix economic research firm; Investor confidence is on its more than two-year lows in the euro zone. The confidence index based on the participation of...
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Varga Winery: 70 percent of the Hungarian wine market is black
Date: 2011-11-08 12:00:30
The estimated proportion of wine sold in black markets in Hungary is at least A 60-70 percent – states the Varga winery in its communication sent to MTI on Monday....
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Local Product and Trademark House opened in Zalaegerszeg
Date: 2011-11-08 11:55:29
Local Product and Trademark House opened in Zalaegerszeg on Monday; in the store one can become acquainted with the local registered branded products of Zala as well as their environmental...
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One thousands HUF more for Christmas
Date: 2011-11-07 14:25:21
According to the online survey of arukereso.hu, Hungarians plan to spend an average of 34,800 HUF for this Christmas. It is one thousand HUF more than in 2010. The analysis...
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Shopping tourism boom again
Date: 2011-11-07 14:10:00
Although most people do not appreciate forint's deep flight against the euro, but there are some sectors in our country, that are doing well with the rate of over 300...
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Cheap spirits may disappear
Date: 2011-11-07 13:22:13
The alcohol industry is preparing for response steps, due to the excise tax increase entered into force on the 1st of November. The businesses are seeking for “alternative solutions” that...
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Significant decrease in retail sales in the euro area
Date: 2011-11-07 13:20:25
After August's, moderate increase, retail sales decreased in the euro area in September – said Eurostat on Monday. The monthly retail sales in September decreased by 0.7 percent, after August's...
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A place to purchase local food in Zalaegerszeg
Date: 2011-11-07 12:55:50
A Center for Local Products and Brands has opened its gates in the city of Zalaegerszeg: visitors get to find out more about local brands and their environmental- and health...
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In the proximity of residential areas
Date: 2011-11-07 02:09:20
Alongside hypermarkets, retail chain units located in the proximity of residential areas play an increasingly significant role on the FMCG market. While a year ago 32 percent of consumers spent...
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Alimentaria 2012
Date: 2011-11-07 01:52:57
Alimentaria, one of the world’s three biggest food and Horeca trade fairs is held in Barcelona every second year. 30,000 food industry companies of Spain produce 7.6 percent of the...
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Postcard from Turkey
Date: 2011-11-07 01:48:59
This was the fifth time that we went on holiday to the Turkish seaside. What we saw was that the 8-percent annual growth of the economy also manifests in the...
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Tesco Mobile: the first virtual mobile service provider will be launched soon
Date: 2011-11-07 01:03:22
Tesco Hungary and Vodafone Hungary established Tesco Mobile, their joint – 50-50% ownership – independent mobile service provider. The company will offer its services in Tesco stores, using the technology...
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Americans economise on basic products but spend on indulgence products
Date: 2011-11-07 00:49:15
According to sales statistics, US consumers pay attention to what they buy after the crisis is over, but they are more willing to spend on indulgence products. Data from SymphonyIRI...
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POPAI-news from Hungary
Date: 2011-11-07 00:39:49
After the summer holiday there was a great interest about the first POPAI meeting on 15 September. Presenters came from Nielsen and the topic was ‘Measuring the efficiency of in-store...
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Hungarian companies with competitive ideas and products
Date: 2011-11-06 22:27:01
Márta Kakuk, the fair’s representative in Hungary was happy that 38 Hungarian companies exhibited at Anuga. The companies used a 579m² area to present competitive ideas and products for the...
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Raw materials are becoming more expensive, prices remain moderate
Date: 2011-11-06 22:24:04
Anuga attracted 150,000 professional visitors from 180 countries from 8 until 12 October in Cologne, who had a chance to see the stands of 6,600 exhibitors – including 38 Hungarian...
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The 75th OMÉK was really popular
Date: 2011-11-06 22:08:19
More than 85,000 visitors went to the 75th National Agriculture and Food Exhibition (OMÉK), held in the Hungexpo Budapest Fair Center until 2 October. There were more than 400 exhibitors,...
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