Market News

An unlawful coffee shop and an invoice factory were closed by NAV
Date: 2013-01-03 16:32:00

The tax authority closed an illegitimate coffee shop and an invoice factory. The finance officers seized cash, property and vehicles in a total value of 820 million HUF and 23...

Still no final decision on food VAT
Date: 2013-01-02 12:59:27

There is still no final decision on the reduction of the VAT on basic foodstuffs – the National Economy Ministry (NGM) informed Népszabadság. The government not yet answered to the...

Fazekas Sándor: the agrarian economy this year can increase its positive export balance
Date: 2013-01-02 12:58:21

According to the preliminary datas, the Hungarian agriculture can increase its positive export balance this year, which is expected to exceed 3 billion euros, ie 800-900 billion euros – said...

The school milk program will receive more support in 2013
Date: 2013-01-02 12:55:01

This year, the Ministry of Rural Development (VM) provides an about 1.5 billion HUF for the continuing school milk program, 300 million HUF more than in 2012 – the ministry...

The BMI of December indicates a shrinkage
Date: 2013-01-02 12:25:42

The purchasing managers' index (BMI), indicated the shrinkage of the manufacturing industry in December. The 48.9 percent value declined by 3.2 percentage points compared with the previous month – the...

Russia banned beer sales at night
Date: 2013-01-02 12:01:07

In order to fight against alcoholism beer cannot be distributed in Russia in street stores under 50 square meters from Tuesday. At night beer cannot be sold in any stores....

Nielsen: the Hungarian consumers would buy especially food products if they would have more money
Date: 2013-01-01 14:00:22

If the Hungarian consumers could spend 10 percent more money each month, they would spend the most part of it (2.4 percent) for food and drinks, that can be consumed...

The fisheries are entirely using EU supports
Date: 2013-01-01 13:25:37

The 150 EU fishing projects’ support value excessed 7.8 billion HUF. Along with this the sector implements a total of 47 billion HUF investments, taking advantage of the full funding...

GVH: consumer affairs in focus
Date: 2013-01-01 13:23:16

The Competition Authority closed about 110 cases in 2012, and launched about the same number of legal proceedings. Consumer protection issues made up the majority of cases that were initiated...

The Balatoni Crown has lived up to the expectations
Date: 2013-01-01 13:03:43

The Balatoni Crown (Balatoni Korona) can be be used in 200 places. The local currency was introduced end of March this year – Leitold László, President and Chief Executive Officer...

MNB expects a 3.5 percent inflation and 0.5 percent economic growth for the next year
Date: 2012-12-20 12:58:20

According to MNB’s new inflation forecast, this year’s average inflation rate will be 5.7 percent. Next year it will be 3.5 percent and for 2014 a 3.2 percent is forecasted....

The price is the most important aspect at shoes and dress
Date: 2012-12-20 12:40:20

When the Hungarian consumers choose to buy, most of them, (50 percent) considers price as the most important aspect at shoes and dress. 48 percent the Hungarian consumers considers the...

In third of the test purchases problems were found during the Christmas shopping inspections
Date: 2012-12-20 11:32:45

Inspectors found problems one in three cases, during this year's pre-Christmas test purchases, while last year this rate was 55 percent – Fülöp Zsuzsanna, spokesperson of the National Consumer Protection...

Bognár Lajos: Successful Fishery Operational Program
Date: 2012-12-20 11:30:52

The Fishery Operational Program’s (HOP) commitment level is more than 68 percent, therefore Bognár Lajos, Deputy Secretary of State, of the Ministry of Rural Development (VM) responsible for food chain...

One in five people is low-paid in Hungary
Date: 2012-12-20 11:30:49

According to the datas of Eurostat, released on Thursday, the proportion of low-paid people was 17 percent in 2010 in the Member States of the EU 27. In Hungary, the...

Nébih warns to the dangers of surface-treated fruits
Date: 2012-12-20 11:05:48

A high attention should be paid when using the peel of citrus fruits, because surface treatment is carried out on fruits imported to Hungary from far away locations, so the...

The EU would tighten the indication on infant formulas
Date: 2012-12-20 10:59:24

The European Parliament's Health and Food Safety Committee in agreement with the European Council, adopted the draft law under which they would tighten rules on indicating infant formulas and nutritional...

GfK: champagne market is dominated by New Year’s Eve
Date: 2012-12-19 12:34:03

In the last month of the year – mainly due to the popularity of New Year's Eve – frankfurter and champagne purchasings increase significantly: in both categories, the chains expect...

Magazine: A haircut for special occasions every day
Date: 2012-12-19 12:03:10

When the cold weather comes, women start wearing caps, hats and hoods, which is a real nightmare for many of them as they might ruin their haircut. Obviously, in the...

eNET – Telekom: Christmas shopping fever on the Web
Date: 2012-12-19 11:22:54

While the domestic retail is still struggling with the crisis, online merchants can not complain. In the past year, 1.6 million people bought online at least for once. The turnover...

Ipsos: improving outlooks
Date: 2012-12-19 11:19:58

Half of the world's citizens (52 percent) do not mind, that the year 2012 ends, because it was a negative period in terms of their own and family’s lives. The...

Increased Pangasius controls until the end of January
Date: 2012-12-19 11:12:39

The Far Eastern pangasius breeding sites are often criticized, because in Vietnam animal health rules differ from the European rules. In Hungary, the authorities have already carried out Pangasius test...

Nébih destroyed one hundred tons of contaminated Polish potatoes
Date: 2012-12-19 10:54:48

The National Food Chain Safety Office (Nébih) destroyed one hundred tons of contaminated Polish potatoes, because the authority’s Bacteriological Laboratory found bacterias in it – Nébih informed MTI on Wednesday....

Attention! Psychiatric pills for behaviour problems?
Date: 2012-12-19 10:42:08

Should your child or any child you happen to know be treated by psychiatric pills for certain behaviour problems, or if you happen to hear of any kind of wrong...

Hungary can maintain its position in the EU agricultural subsidies
Date: 2012-12-18 13:05:10

Hungary can maintain its position in the Common Agricultural Policy (CAP) of the EU, that will enter into force after 2014. Hungary can reach the same amount from the shared...

Moscow awaiting Brazilian chicken – More poultry for more money
Date: 2012-12-18 11:43:58

Brazil’s government is making the right noises. But now for the hard part, how to revive animal spirits? In the latest move to tackle the country’s competitiveness problems, the government...

Decreasing consumption and investment
Date: 2012-12-18 11:11:53

According to the forecast of GKI Economic Research Co., following the 1.5 per cent decline in 2012 the Hungarian economy will only stagnate in 2013, which will be the second...

Rural Adventure Chosen as Europe's Best Communications Programme
Date: 2012-12-18 10:47:43

The Vidék Kaland (“Rural Adventure”) Programme has won the competition for communications programmes related to the Common Agricultural Policy (CAP) launched by the European Commission's Directorate-General for Agriculture and Rural...

FruitVeB: strategic aim is to reach 3.5 million tons
Date: 2012-12-17 13:03:49

The Hungarian fruit and vegetable sector’s strategic objective is to reach 3.5 million tons quantity until the end of the following 2014-2020 EU budget cycle – said Mártonffy Béla the...

Slow food price increase is expected
Date: 2012-12-17 12:45:09

Food price increase will not stop, but instead of massive price increase a slow increase is expected. “While wheat is expensive, the price of flour decreases, which is a rather...

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Market News

An unlawful coffee shop and an invoice factory were closed by NAV Date: 2013-01-03 16:32:00

Still no final decision on food VAT Date: 2013-01-02 12:59:27

Fazekas Sándor: the agrarian economy this year can increase its positive export balance Date: 2013-01-02 12:58:21

The school milk program will receive more support in 2013 Date: 2013-01-02 12:55:01

The BMI of December indicates a shrinkage Date: 2013-01-02 12:25:42

Russia banned beer sales at night Date: 2013-01-02 12:01:07

Nielsen: the Hungarian consumers would buy especially food products if they would have more money Date: 2013-01-01 14:00:22

The fisheries are entirely using EU supports Date: 2013-01-01 13:25:37

GVH: consumer affairs in focus Date: 2013-01-01 13:23:16

The Balatoni Crown has lived up to the expectations Date: 2013-01-01 13:03:43

MNB expects a 3.5 percent inflation and 0.5 percent economic growth for the next year Date: 2012-12-20 12:58:20

The price is the most important aspect at shoes and dress Date: 2012-12-20 12:40:20

In third of the test purchases problems were found during the Christmas shopping inspections Date: 2012-12-20 11:32:45

Bognár Lajos: Successful Fishery Operational Program Date: 2012-12-20 11:30:52

One in five people is low-paid in Hungary Date: 2012-12-20 11:30:49

Nébih warns to the dangers of surface-treated fruits Date: 2012-12-20 11:05:48

The EU would tighten the indication on infant formulas Date: 2012-12-20 10:59:24

GfK: champagne market is dominated by New Year’s Eve Date: 2012-12-19 12:34:03

Magazine: A haircut for special occasions every day Date: 2012-12-19 12:03:10

eNET – Telekom: Christmas shopping fever on the Web Date: 2012-12-19 11:22:54

Ipsos: improving outlooks Date: 2012-12-19 11:19:58

Increased Pangasius controls until the end of January Date: 2012-12-19 11:12:39

Nébih destroyed one hundred tons of contaminated Polish potatoes Date: 2012-12-19 10:54:48

Attention! Psychiatric pills for behaviour problems? Date: 2012-12-19 10:42:08

Hungary can maintain its position in the EU agricultural subsidies Date: 2012-12-18 13:05:10

Moscow awaiting Brazilian chicken – More poultry for more money Date: 2012-12-18 11:43:58

Decreasing consumption and investment Date: 2012-12-18 11:11:53

Rural Adventure Chosen as Europe's Best Communications Programme Date: 2012-12-18 10:47:43

FruitVeB: strategic aim is to reach 3.5 million tons Date: 2012-12-17 13:03:49

Slow food price increase is expected Date: 2012-12-17 12:45:09

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