Market News
The climate change can redraw the world's “wine map”
Date: 2011-10-07 12:49:38
Over the next three decades, wine production may be reduced into its half in Napa Valley, which is one of the largest wine region of the United States. According to...
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Magazine: Demand is shifting towards wet pet food
Date: 2011-10-07 12:16:02
In the past 12 months the pet food market contracted, albeit in the last six month the negative value sales trend slowed down – informs Adrienn Földi, MARS Hungary Kft.’s...
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Bokros Lajos stood beside for the privatization of the Hungarian sugar factories
Date: 2011-10-07 12:15:38
Bokros Lajos, Board member of the the former State Property Agency former Finance Minister stood in for the privatization of the Hungarian sugar factories on Friday in Budapest, in front...
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Finance officers seized nearly one thousand liters of alcohol products
Date: 2011-10-07 12:08:22
Nearly one thousand liters of alcohol products were seized by finance officers at two properties of one owner in Mélykút, Bács-Kiskun County – told the Customs and Finance Directorate to...
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Micro- small and medium-sized confidence index scored low
Date: 2011-10-06 18:10:25
Confidence index based on the survey of K&H pointed out that Hungarian micro, small and medium-sized business leaders are more pessimistic than ever: the confidence index stopped decreasing in the...
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Analysts expected better industrial production results
Date: 2011-10-06 13:10:21
On the basis of the preliminary datas; the volume of industrial production increased by 4.4 percent in August 2011, compared to the same period of last year, while working-adjusted decreased...
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Foreign currency loans can absorb the Christmas shopping mood
Date: 2011-10-06 13:00:01
This year can also bring a minus turnover, if the government cannot ease the burden of those who have foreign currency loans – believe the traders. There is a high...
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The increase in transport costs, does not increase bread prices
Date: 2011-10-06 12:21:33
At vehicles less than 7.5 tonnes, the gasoline excise tax increase, increases the total transport costs by 2 percent. This may mean a 0.02 percent increase in retail prices –...
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Agriculture committee calls for EU-wide action to save bees
Date: 2011-10-06 11:59:48
Rising bee mortality could devastate EU food production and environmental stability, Agriculture Committee MEPs warned on Thursday. An estimated 84% of plant species and 76% of food production in Europe...
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Accidents involving dangerous substances: more inspections, better information
Date: 2011-10-06 11:02:11
The EU has had legislation in place to prevent and control major accidents in the chemical industry since 1976, following an accident at a pesticides and herbicides plant in Seveso,...
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Kopint-Tárki: Hungary's GDP may rise between 0 to 1 percent next year
Date: 2011-10-05 13:20:37
Kopint-Tárki Economic Research Institute Inc. changed its 2012 growth forecast: after the 1.5 percent GDP growth this year, the previously forecasted 3.0 percent growth is expected to be be only...
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Ipsos: McDonald's and Coca-Cola are the best-known brands among young adults
Date: 2011-10-05 13:11:41
In the national survey , called “Young Adults” (F & F) Ipsos surveyed 585 youngsters between age 15-25 years. The research themes were the fast-food restaurants, the awareness of soft...
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Policy Agenda-Ipsos: the expectations of the SMEs worsened
Date: 2011-10-05 13:10:07
According to the survey of Policy Agenda-Ipsos survey, the expectations of the small and medium enterprises (SME) are on their lowest point. Company managers expect tougher crisis than in 2008....
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Euro zone retail sales fell in August
Date: 2011-10-05 12:41:51
The retail sales volume fell by 0.3 percent in the euro area in August, compared to the previous month, and is 1 percent below, compared to the same period of...
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Counterfeited food products in Hungary
Date: 2011-10-05 12:25:03
Honey, cream, milk – these products are considered to be the most counterfeited foodstuffs in Hungary. In general, we can find these products in the commodity markets, however the detection...
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The Mountain Centre may be open in autumn 2012
Date: 2011-10-05 12:20:40
The construction of Budapest's first environment conscious business center goes according to the plans. It can open its doors to the public in autumn 2012 in the 12th District of...
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Hungarian companies are willing to hire more people
Date: 2011-10-05 12:13:08
According to a new survey by Regus, most HUngarian companies are willing to hire more people, although their prospects for economic growth is no longer considered to be as positive...
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Hungarian mushroom production may be greatly increased
Date: 2011-10-05 11:34:31
Current Hungarian mushroom production can be increased significantly, in a favorable case it can even be doubled if technological devices used are being more up-to-date, and the traditionally used technologies...
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New tax by the Parliament
Date: 2011-10-04 15:55:52
Parliament has approved a sharp rise of taxes on gambling machines as of 1st NOVEMBER, and the introduction of a tax on online gambling as of January 1, 2012. The...
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Egg Association: feed prices are high, consumption decreases
Date: 2011-10-04 14:40:58
The rise in feed prices, the fall in consumption, overproduction, dumped imports are making the situation of egg production and egg market more difficult – said Thury Attila, Vice-Chairman of...
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NAV: zero-tolerance against VAT fraud
Date: 2011-10-04 14:15:46
The number of fiscal controls have increased at the big supermarket chains, but experts say most of the VAT disappears at small retailers. The number of official investigations significantly increased...
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Several professional organizations protest against the mall stop
Date: 2011-10-04 14:00:59
The Real Estate Developers Roundtable Association (IFK), the Hungarian Association of Shopping Centres (HBA) and the Federation of Employers and Industrialists (MGYOSZ) protest against the planned mall stop, because the...
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Szabolcs apple harvest decreased to its fifth due to the frost
Date: 2011-10-04 13:59:50
Last year, 232 thousand tons of apples was harvested in Szabolcs, this year the expected yield is only 46 thousand tons. Szabolcs-Szatmár-Bereg county gives two-thirds of the country's apple crop....
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Super broccoli that strenghtenes the immune system added to the British store shelves
Date: 2011-10-04 12:56:30
Super broccoli that protects against heart diseases and some cancers effectively was added to the store shelves of a leading British chain, from Tuesday. The miracle vegetable was deceloped by...
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VM: food chain, supervision fees will be simplified
Date: 2011-10-04 12:55:36
Instead of the former five-regulations the new ministerial decree will determinate the food chain administrative supervision service fees. With this, supervision becomes simpler and more coherent – told the Ministry...
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Customer trust is getting worse
Date: 2011-10-04 12:29:38
Whereas the FMCG market witnessed a significant decline in terms of volume in the first half of the year, clothing items sold quite well, the latest data from market research...
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The Árkád Szeged Shopping Centre opens today
Date: 2011-10-04 12:20:09
After one and a half year of construction the 100 million euros development of the Árkád Shopping Centre in Szeged opens today. More than 95 percent of the useful floor...
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Producers' market might have an easier time now
Date: 2011-10-04 11:38:06
According to a new survey by the Ministry of Rural Development, it is highly possible that manufacturers and producers will have an easier time opening their own market, and the...
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NGM: the trade surplus continues to grow
Date: 2011-10-03 13:30:31
The Ministry of National Economy expects a further, slow balance improvement and foreign trade surplus significantly higher than in the last year. The analysts polled by MTI agreed with the...
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German sugar prices may increase by one-third
Date: 2011-10-03 13:01:24
In Germany, the largest discount retail chain increased the price of sugar by 31 percent at the same time. The competitors will likely to follow the move as well, so...
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