Market News
There are no uniform EU rules for honey
Date: 2011-06-30 12:14:37
It is an untenable condition, that the Union has no common regulation of allowed antibiotics in honey. For example, the honey, that is “polluted and should be destroyed”, in Hungary...
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Instore marketing is facing great expectations
Date: 2011-06-30 11:52:51
Even though 85 percent of the decisions made by FMCG-customers are made in the store while getting the shopping done, companies only spend a bare five percent of the marketing-budget...
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FruitVeB campaign for Hungarian melon
Date: 2011-06-30 11:45:15
The Hungarian Fruit and Vegetable Interprofessional Organisation and Marketing Board (FruitVeB) launches a promotional campaign amounting to 10 million HUF in early July, to encourage the sale of the Hungarian...
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When we cannot obtain food for our money
Date: 2011-06-30 11:40:51
Each year, the production of agricultural products is short of consumption, so at the main agricultural products with the stock levels decreased to a low level. According to Jim Rogers,...
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Danube Wineregion will be re-positioned
Date: 2011-06-30 11:39:33
Hungary's greatest winegrowing area, Danube Wineregion is going to be re-positioned by Agrármarketing Centrum (AMC) soon – a press conference was centered around this opic on Thursday where joutnalists had...
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A further decline in German retail sales
Date: 2011-06-30 11:32:01
German retail sales fell sharply in May, instead of the expected modest growth, while the revised April figure showed stagnation, contrary to the previously published 0.6 percent expansion. In May,...
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Competition Office fines milling companies for cartel activity
Date: 2011-06-30 10:13:02
The Competition Office of Hungary (GVH) fined three Hungarian milling companies a combined HUF 50 million for cartel activity. The companies – H&T Kft., SIKER Malomipari Zrt., and Szecseny-Mill Kft....
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Even the European Union supports protein-rich diets
Date: 2011-06-30 07:18:49
When you're talking about trying to build lean muscle tissue or “bulk up,” you've probably heard that protein-rich diets can help you gain muscle. It's true that protein does contribute...
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Mobile solutions to boost business opportunities
Date: 2011-06-29 16:00:39
MobilCom Day, organized by GS1 proved to be a success in 35 countries of the world, in three time-zones from Japan to the USA. Hungarian TElekom was the home to...
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The petitioners of the chips-tax do not support the governmental amendments
Date: 2011-06-29 13:50:56
According to the most recent proposal of Fidesz, the public health product tax would enter into force after the approval of the European Commission (EC). Koszorús László (Fidesz) submitted his...
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KSH: unemployment decreased to 11 percent
Date: 2011-06-29 13:25:26
According to the Central Statistiical Office (KSH): the unemployment rate declined in Hungary with a further 0.4 percentage points to 11 percent, in the March-May, and the number of employees...
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Consumers are optimistic in Europe's largest economy
Date: 2011-06-29 12:50:52
German consumer confidence improved in July. The predicted July index became 5.7 points, after the 5.6 points of June. The increase on an annual basis is particularly significant: in last...
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CID income and customer index list for 2010
Date: 2011-06-29 11:20:04
CID Cég-Info Kft. has been publishing its fact-based list of income- and customer index for marketing purposes since 1998. Here is last year's list: CID list 2010...
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International FMCG-tradeshows
Date: 2011-06-29 10:46:35
EME organises a wide range of trade exhibitions and consumer events with supporting conferences, special feature areas and additional attractions for both exhibitors and visitors. It operates in a wide...
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PROFEL material to be downloaded
Date: 2011-06-29 09:08:53
The material of April 29th Brussels-based PROFEL can be downloaded here: PROFEL 2011...
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Both consumer confidence and propensity to buy increase
Date: 2011-06-28 18:30:52
Confidence Index, the Consumer Expectations Index and the Propensity to Buy Index have increased in the 2nd quarter of 2011. Slightly fewer people expect unemployment to grow, and inflationary expectations...
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An MP of Fidesz would exempt cocoa powder from the chips-tax
Date: 2011-06-28 13:35:42
A law amendment would remove the cocoa powder from the public health product tax. According to the law amendment of Koncz Ferenc (Fidesz); cocoa powder would not fallen under the...
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More and more retailers bankrupt
Date: 2011-06-28 13:20:05
3.3 percent of the domestic retail companies were closed last year, far more than in the other sectors. In the first part of 2010 and 2011 the number of bankruptcies...
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From Friday an EU regulation will make pizza and cake more expensive
Date: 2011-06-28 13:18:08
From the 1st of July a 25 percent VAT should be charged in restaurants after cakes and pizzas – published the tax authority for the request of Pénzcentrum.hu. If someone...
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Hungary can be China's Central European Gate
Date: 2011-06-28 13:15:53
Hungary can gain a prominent place in Central Europe, if the country will become China's central European logistics and trading center. Due to the Hungarian-Chinese agreements signed during the weekend,...
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Parliamentary committee set up to examine the privatization of the sugar industry
Date: 2011-06-28 13:10:40
The parliament set up a committee on Monday, in order to examine the privatization of the sugar factories. The proposal of Font Sándor, Ivanics Ferenc és Sebestyén Lászó was adopted...
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Naturalma program for organic apple-growing
Date: 2011-06-28 12:40:51
The Naturalma program promotes disease resistant dessert apple varieties in Hungary. For those who plants apples suitable for organic production it is not required to switch to organic farming, but...
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Health care businesses need more consciousness
Date: 2011-06-28 11:31:27
1st July is the day of Hungarian health care – thus it is an excellent opportunity to take a closer look at the way this sector keeps changing. THe main...
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A Stable Agricultural Market is in the Interests of the EU and Hungary
Date: 2011-06-28 11:17:13
Stable agricultural markets and predictable prices are in the interests of both the EU and Hungary – said Minister for Rural Development Sándor Fazekas, summarising the discussions held during the...
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The public health product taxes would be applied on five product groups
Date: 2011-06-27 16:40:12
According to the proposal, that was submitted to the parliament on Friday by two MPs of Fidesz; the so-called hamburger tax would be applied on five product groups. After she...
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Chocolate prices may increase by 20 percent this summer
Date: 2011-06-27 16:10:19
After the price increase of sugar, the chocolate will soon be a luxury item. Within a few weeks we have to pay more for candies. Hungarians last year consumed 60...
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So far only five countries can export vegetables to the Russian market, Hungary is not among them
Date: 2011-06-27 13:30:20
The Russian authorities permits the restarting of vegetable exports for five countries. Hungary is not among these countries yet. The Russian consumer rights supervision can permit the restarting of vegetable...
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The Ministry of Rural Development considers banning of some unhealthy food products
Date: 2011-06-27 13:10:47
Some unhealthy foods would be banned from the Hungarian market and their sale would be pushed back with economic tools – said Ángyán József, State Secretary of the Ministry of...
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Three wines won the Veszprém County's Wine recognition
Date: 2011-06-27 13:02:10
The top quality wines of Veszprém county have been selected: Among the 36 wines of 23 experts a total of 14 were found worthy for the final jury, three of...
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European Commission: the dietary food denomination should be deleted
Date: 2011-06-27 13:00:04
According to the concept of the European Commission; the dietary food denomination should be deleted to fill in the legislative gaps of the EU, and to restrict the companies' access...
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