Market News
GVH: the “Hungarian quality” mark can be used in case of a enterprise-wide set of criteria system
Date: 2011-10-26 12:50:54
According to the GVH; those trading companies will be punished that previously did not establish for themselves when to use the national tricolor and product origin marking slogans. For example...
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Chinese investors can create industrial park and thousands of jobs in Debrecen
Date: 2011-10-26 12:25:30
Representative of twenty companies from China's Inner Mongolia province will arrive to Debrecen in November. It is expected that they will create ten thousand new jobs in the next few...
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More than four thousand farmers in Szabolcs asked support due to frost damages
Date: 2011-10-26 12:22:58
More than four thousand farmers in Szabolcs-Szatmár-Bereg county asked for support from the agri-compensation system, due to frost damages – said the regional government office to MTI on Wednesday. About...
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Chinese winegrower's Hungarian brand is not valid
Date: 2011-10-26 10:13:46
Four different wine-regions – Tokaj, Eger, Mátra és Villány – own the brand a Chinese winegrower wanted to possess – on 31st August 2011, the Chinese brand-name has been cancelled...
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This year's sunflower crop surpassed all expectations
Date: 2011-10-26 09:51:28
Despite the changeable weather, this year was great for the sunflower producers. Thanks to the high purchase prices and the high yield, they will close the season with a nice...
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Food manufacturers will pay inspection fee soon
Date: 2011-10-25 15:25:12
Food and agricultural companies will soon pay hundreds of millions supervision fees to the food chain supervising agency, the Agricultural Administration Office (MGSzH), if the Parliament approves the government's recent...
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Hungary has joined the Alps-Adriatic GMO-free Region
Date: 2011-10-25 13:16:20
Parliament has passed a resolution requesting that local governments ban the use of genetically modified organisms in agriculture and farming within their areas of administration, so joining a Croatian initiative....
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Consumer sentiment improved in Europe's largest economy
Date: 2011-10-25 12:58:37
According to GfK research institute; despite the gloomy economic outlook consumer sentiment has improved slightly in Germany. Consumer sentiment indicator became 5.3 points in early November in the European Union's...
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Six-language wine dictionary published
Date: 2011-10-25 12:52:16
Six-language grape and wine dictionary has been published by the Mezőgazda Kiadó. The publications contains more than five thousand word articles in Hungarian, English, French, German, Italian and Russian languages....
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Magazine: Cleaning products: hypermarket is the dominant retail channel
Date: 2011-10-25 11:10:03
In general cleaning product retail sales augmented in the first half of 2011. The biggest category was general cleaning and scrubbing products: annual sales were above HUF 11 billion in...
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GMO-laws accepted by the government
Date: 2011-10-24 17:45:51
Hungary has joined NOW the Alps-Adriatic GMO-free region, under a resolution approved by Parliament.The resolution was approved unanimously. The Alps-Adriatic GMO-free region is an initiative of Croatia....
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566.6 millionn public health tax paid so far
Date: 2011-10-24 17:36:51
A total of 566.6 million HUF had been paid in the form of public health product tax – in everyday language: chipstax – in September, for the third quarter of...
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Furder decline in business and consumer expectations
Date: 2011-10-24 14:55:37
In October the GKI-Erste economic sentiment index adjested for seasonal effects continued to deteriorate – the declining trend has been going on for eight monts. Business and consumer expectations also...
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The new industrial orders rose in the euro area, Hungary is in the forefront
Date: 2011-10-24 13:50:42
In August, the new orders in the manufacturing industry increased in the euro area and in the whole European Union, after the decline of July. According to Eurostat; monthly orders...
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Vintage to be completed soon
Date: 2011-10-24 13:40:09
At most of the wine regions, the harvest of the grapes has been finished; more than ninety percent of the plantations are harvested – said Horváth Csaba, Secretary-General of the...
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The mobile wallet is a good opportunity for coupons brokers
Date: 2011-10-24 13:35:20
The spread of mobile wallets can fundamentally affect the future of the Hungarian coupon broker firms – writes hvg.hu. On Tuesday, we arrived to a technology historical milestone: Three Hungarian...
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Frozen meat: extended public debate
Date: 2011-10-24 13:30:10
The Ministry of Rural Development extends the public debate on the public utilization of frozen meat to become acquainted with the opinions of all stakeholders – told the ministry's press...
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Slovak citizens plan a wealthier Christmas this year
Date: 2011-10-24 13:20:33
According to a survey; almost a third of the people of Slovakia, spends at least 300 euros on gifts – writes Új Szó Hungarian daily newspaper. According to the newspaper;...
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Széchenyi Cards available in Saving Banks
Date: 2011-10-24 13:17:16
The Government expects the co-operative credit institutions to take an active part in the agricultural financing. Secretary of the Ministry of Rural Development (VM) György Czerván discussed this subject matter...
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Magazine: Lemon juice brands: time separated the wheat from the chaff
Date: 2011-10-23 16:32:50
Cold months, when vitamin intake becomes more important, are slowly but steadily approaching. One accessory of tea drinking, lemon juice is an important source of vitamins and a really seasonal...
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Arthur C. Nielsen Jr., ratings entrepreneur, dies
Date: 2011-10-21 15:29:22
TV ratings pioneer Arthur C. Nielsen Jr., chairman of the A.C. Nielsen Company, from Alzheimer’s-related complications. He was 92. Nielsen’s father may have invented the system still used by the...
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Analysts say one-off effect may have increased the retail sales in August
Date: 2011-10-21 14:00:06
According to the communication of the Ministry of National Economy (NGM); the retail trade figures reflect a positive turn in August. Analysts polled by MTI explained the expansion with a...
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Hungary's competitiveness is lagging behind
Date: 2011-10-21 13:30:22
In case of competitiveness Hungary is still lagging behind in the European Union – shows the annual report of the European Commission (EC). The industrial performance of the member states...
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Workania: Czechs and Slovaks earn more than Hungarians
Date: 2011-10-21 13:20:39
In Hungary the average gross salary is 221 thousand HUF. The workers in the Czech Republic and in Slovakia earn more – shows the ''competitiveness'' comparative survey of the fizetesek.hu...
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Rekord weak grape harvest in Italy
Date: 2011-10-21 08:57:07
This year's harvest in Italy was the worst of the last more than sixty years, but according to the grape growers, the quality of the wine is promising, due to...
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The TakarékBank revised its GDP forecast downward
Date: 2011-10-20 13:50:59
The analysts of the Takarékbank expects smaller GDP growth for this year, contrary to their earlier forecast. Now they are expecting a 1.7 percent GDP growth for this year, a...
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Coface: the insolvency situation of the companies deteriorated further
Date: 2011-10-20 13:35:26
In this year's first nine months, the insolvency indicator of the companies increased by 30 percent, compared to the same period of last year – shows the most recent analysis...
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Food Labels: warranty differs from expiration date
Date: 2011-10-20 13:34:16
In Germany, every year nearly 20 million tons of food are thrown into the trash because of the expiration date. Partly why a debate started about whether it would be...
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Beer-lovers are loyal to their favourite beers
Date: 2011-10-20 10:02:15
Szomjoltóság has carried out a research project to find out the beer-preferences of the Hungarian population. They found that 94 percent of Hungarians find it important to have their favourite...
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460 farms competing for farm-development support
Date: 2011-10-20 09:07:59
A farm-development program was closed on 30th September with 460 competitions, competing for more than 2.5 billion HUF which is well beyond the original sum intended for the program (930...
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