Market News
Hungarian apricot is facing a successful year
Date: 2011-07-25 11:57:49
Hungarian apricot is facing a successful season this year: the season's has produced 30 percent more, namely around 50 tons of apricots this year in Hungary, while Europe is facing...
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Community portals are expensive spots for advertising
Date: 2011-07-25 08:09:44
As more and more major brands start spending the money they previously spent on TV and print advertising on online ads, Facebook ads price soar by 74% compared to last...
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Forklift mishap destroys $1m of shiraz wine
Date: 2011-07-25 07:45:24
More than A$1m ($1.07m; £664,000) of wine has been destroyed in a forklift accident in Australia. The 2010 Mollydooker Velvet Glove shiraz sells for A$185 a bottle ($199; £122), the...
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Hungary can export Vegetables to Russia from Monday
Date: 2011-07-22 14:10:39
The Russian Chief Medical Officer approved the renewal of Hungarian Vegetable exports to Russia on Monday. Moscow banned the EU imports in early July, due to the diarrhea epidemic. Also...
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The majority of soy comes from genetically modified seed
Date: 2011-07-22 14:00:25
Not only the union, but the experts cannot develop an unified view on the GMO issue. According to one side; it can be an effective solution for the growing food...
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Beer in Russia has been classified as alcoholic beverages instead of food
Date: 2011-07-22 12:59:21
Beer consumption is getting increasingly popular in Russia, while the beer has been included in the food category until now. After the legislative amendment will came into force, the authority...
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Russia wants leading grain exporter role again
Date: 2011-07-22 12:57:40
Russia expects to regain its leading grain exporter role in this season, thanks to its good harvest, after forced to introduce export bans due to last year’s severe drought. According...
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High demand for the Hungarian cattle in Turkey
Date: 2011-07-22 11:50:24
If the increased Turkish demand for Hungarian cattle remains, that can cause prosperity in domestic cattle breeding. The Turkish market was previously closed for animal health reasons. Until last year,...
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GKI-Erste index falling
Date: 2011-07-22 11:48:11
The recently published medium-term forecast of GKI reveals, among others, that following an average annual decrease of 1.6 per cent in the 2008-2010 crisis period, GDP will return to the...
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Hungarians get info about health problems online
Date: 2011-07-22 09:24:02
Hungarians tend to gain more information with the help of the internet than the rest of Europe. In the first place, people are searching for information about diabetes, prostate problems,...
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New technologies in engineering are the way to move forward
Date: 2011-07-22 07:28:08
Engineering is one of the few industries in Hungary which has managed to remain relatively successful throughout the years of the recession, however only those companies managed to move forward...
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GfK: discount stores gained market share
Date: 2011-07-21 14:40:44
In the first five months of the year, major changes can be observed in the market part of the commercial channels. The Hungarian households spent considerably more at the discount...
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The Ministry of National Economy would easen the organizing of local fairs
Date: 2011-07-21 14:32:35
The government would easen the organizing of local fairs and markets. According to the draft legislation of the Ministry of National Economy it would be enough to report the event,...
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Superbrands is fifteen years old
Date: 2011-07-21 14:30:27
Superbrands began to conquer the world 15 years ago starting from in Great Britain. The Superbrands, consist of a recognized a group of marketing professionals awarded the first very best...
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Better quality products in Austria, than in Slovakia?
Date: 2011-07-21 13:30:45
On the basis of a survey of a financial newspaper in Pozsony, carried out in Billa and Lidl stores in Austria and Slovakia: the quality of most products are better...
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Hail hit the grapes of Villány
Date: 2011-07-21 12:43:32
Hail caused such damages have not seen for years in the area of Villány mountain village and Nagyharsány on Tuesday, where the grape growers, therefore, can expect an average of...
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A drop in the British purchasing mood in the market of malls
Date: 2011-07-21 11:43:29
Recently, more than 20, around 1.5 billion pounds of combined capital value shopping centers entered the UK investment market. Nevertheless, the investment activity declined in the second quarter of 2011,...
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EIPA trend: More emphasis on smaller and newer Member States
Date: 2011-07-21 11:31:00
The National Institute of Public Administration and the European Institute of Public Administration (EIPA) jointly organised the meeting of the EIPA Board of Governors, on 6-7 June 2011, in the...
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EU deems 400 million HUF compensation justifiable
Date: 2011-07-20 15:05:34
One and a half million euros, or about 400 million HUF compensation was deemed as justifiable by the EU. Hungarian gardeners can receive roughly 400 million HUF support. These gardeners...
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Union campaign for fruit and vegetable consumption
Date: 2011-07-20 14:20:11
The European Commission launched an advertising campaign in order to fully recover the confidence shaken by the diarrhea epidemic broke out during the spring in Germany. The Commission justified its...
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Budapest is the second most attractive office market of the region
Date: 2011-07-20 12:50:56
According to the most recent survey of CB Richard Ellis (CBRE); many emerging cities attract such a high number of international companies, as advanced business centers in the world. The...
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The payment moral of companies slightly improved
Date: 2011-07-20 12:45:07
The payment moral has improved slightly, even almost every second bill payed late by the companies – states Dun & Bradstreet Hungaria Ltd. 55 percent of the invoices are paid...
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The wholesale market in Szeged and Temesvár will be developed from EU funds
Date: 2011-07-20 12:30:57
In the scope of a joint EU tender, the municipalities of Szeged and Temesvár have won a one million euros support for mass-market development. Both the Hungarian and Romanian primary...
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Chinese-Hungarian business forum in Budapest
Date: 2011-07-20 12:11:52
The National Foreign Trade Office hosted the seminar and partner meeting that presented the Central China Investment and Trade Fair on the 18th of July 2011. The event was organized...
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Napi Gazdaság, GfK launched SME investment index
Date: 2011-07-20 11:59:05
Newspaper Napi Gazdaság, in cooperation with market-research company GfK, published its first survey measuring the investment sentiment of Hungarian SMEs this Wednesday. At the moment, the index stands at -5.5...
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More wheat has grown than last year, even on a smaller area
Date: 2011-07-19 14:10:01
The Agriculture Ministry spends a total of, more than 13 billion HUF to moderate the frost damages of the spring. Food and feed wheat will be also enogh to supply...
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The county towns help the primary producers by designate the watermelon selling sites
Date: 2011-07-19 14:00:48
The municipalities designate discounted selling sites for melon growers in the county towns – said the Ministry of Rural Development (VM) on Tuesday. Fazekas Sándor, Rural Development Minister agreed with...
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KSH: increase in net earnings
Date: 2011-07-19 13:40:51
In May, the gross earnings increased by 6.7 percent, in the first five months by 3.4 percent, over the same period of last year – reports the Central Statistical Office...
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The SMEs are using the tools of online and direct marketing
Date: 2011-07-19 13:25:09
The SME sector plans to reach potential buyers customers and partners primarily with online advertising and direct marketing. 44 percent of the respondents indicated online advertising, 42 percent direct marketing...
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More and more popular and more expensive to advertise on Facebook
Date: 2011-07-19 12:50:19
The advertising costs on Facebook increased by almost three-quarters, by 74 percent, as more and more big brands retire from TV and print media and palce their ads on the...
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