Market News

The oily products are taxed in Denmark

From Saturday, all foods that contain harmful fatty acids are more expensive in Denmark. Before the introduction of the new tax Danes began to shopping in panic. It is the...

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The NAV against illegal spirits

The National Tax and Customs Administration (NAV) carries out special checks in October and November to prevent the illegal trade of privately cooked spirits – annpunced the spokesman of the...

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Ipsos Global @dvisory: The Economic Pulse of the World

major analysis of world public opinion was released today by Ipsos— one of the world’s largest market and opinion research companies. The report, titled “Ipsos Global @dvisory: The Economic Pulse...

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The plaza stop proposal will soon to be decided

LMP's plaza stop proposal will be continued to be discussed next Tuesday in the parliament. According to the idea, in the settlements under 100 thousand inhabitants it would be prohibited...

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Government Office: the multinationals often market low quality products in Hungary

According to the Government Office of Budapest; the multinationals companies often market low quality products in Hungary, than in Western Europe. At some of the products, including baby food and...

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Cereals and oilseeds may be taken under the reverse VAT

It is expected that cereals and oilseeds will be inserted into the reserved VAT category – announced the Ministry of Rural Development. The Communication recalls that within the cereal sector...

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Fish production on a developmental trail

In recent years, the Hungarian fish production is on a developmental track, after Hungary received significant funds from the resources of the Fisheries Operational Program. Bognár Lajos, Deputy Secretary of...

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Hundred thousands of pigs in Hungary

The government’s pork sector strategy is based on the doubling of the pig population with 6000-800 thousand pigs. The first step of the strategy is to increase the domestic pig...

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August retail sales fell in Germany with almost three percent

German retail turnover in August decreased by a much higher rate than expected. On the basis of the calendar effects adjusted index the decrease was 2.9 percent compared to the...

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Male managers earn a third more than their female colleagues

The male managers and executives earn an average gross of 700 thousand HUF per month, 33 percent more than their female colleagues with an average salary of 526 thousand HUF...

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Where Hungarian food industry is leading to

Sorry, this entry is only available in HU....

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Food industry: the aim is higher added value

The Hungarian food industry can become more competitive in both the domestic and in the foreign markets with the increase of the ratio and supply of the higher value-added products-...

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1.2 billion HUF for the School Milk Program in 2012

National unity was launched with the participation of civil society organizations, local governments, famous public figures, school directors, athletes and artists for the further development of the free School Milk...

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The Ministry of Rural Development collaborates with the Dairy Products Council

The Ministry of Rural Development and the Dairy Products Council and Inter-Professional Organization signed a cooperation agreement in Budapest on Thursday at the National Agriculture and Food Fair (OMÉK). The...

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London analysts: next year recession can be in the euro area and in the U.S.A.

The euro area and with a significant chance the U.S. economy may be going through another period of recession next year – predicted London's financial analysts in their forecast on...

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Agri economy: the eastern markets can have an income stabilizing role

The appearance in the eastern markets can have an income stabilizing effect for the Hungarian agriculture – said Feldman Zsolt, Deputy Secretary of State at the Ministry of Rural Development...

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Magazine: Meat product brands are willing to fight for their buyers

The meat industry has not overcome the biggest difficulties yet: base material prices keep rising and manufacturers cannot or only minimally offset this by increasing sales prices. Anikó Vasvári, Kométa...

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Walley-season begins, controllers spread at Lake Balaton

Walleye-season begins at Lake Balaton in mid-September, when the water turns a bit colder. Thus, the Balaton Fishery Management Ltd. is going to enchance checks in collaboration with water-police and...

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GfK Trust Index: The fire service continues to enjoy the highest levels of trust

The fire service continues to enjoy the highest levels of trust nationally. In addition to them, it is postmen and teachers who people have the biggest trust in. There has...

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Unhealthy diet is associated with dysfunctions

A new study published in The Journal of Sexual Medicine reveals that several unhealthy lifestyle factors, such as weight problems, physical inactivity, high alcohol consumption, tobacco smoking, and hard drugs...

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The Milk Marketing Board to take action against discriminatory pricing

The Milk Marketing Board calls on the retail units, that not to use discriminatory pricing against milk product in the future – said the trade organization. The advocacy organization considers...

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KSH: the number of employees expanded

According to analysts; the June-August trend of the unemployment rate was not surprising. The Ministry of National Economy (NGM) has pointed out that the dynamic growth in the number of...

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GKI predicts a tough 2012

Economic research company GKIpointed out it changed its GDP projections for Hungary to 1.5% growth in 2011 and a 1% contraction in 2012. GKI saw Hungary's economy expanding 1.5-2.0% in...

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GMO-contaminated area halved

According to the he authority; the GMO-contaminated area  decreased to only 4.7 thousand hectares, from the previous 8.5 to 9 thousand hectares, as it turned out that the contamination level...

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NAV confiscated chewing gum

Due to tax debts, the tax authorities confiscated several tons of chewing gum in Fejér county, at a  company. The registration system showed a 66 million HUF tax liability at...

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Magazine: A supermarket chain sits on top of the retail ranking

With its 47-million inhabitants, Spain’s population is the fifth highest in Europe. Although the economy showed signs of improvement after the recession, the level of unemployment was still above 20...

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Half of Europe is already buying more

According to a quick estimate by Eurostat, retail sales dropped in May 2011: by 1.4 percent in the EU-27 and by 1.9 percent in the eurozone, compared to the same...

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Europe's first test store soon to be opened in Budapest

Europe's first test store, the Central Sample. soon to be opened in Budapest. MTI In this kind of network, which is wide spread in the Far East and in South...

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Ideal shopping malls are within a spitting distance

According to a GfK Hungária's latest survey centered around shopping centers from the survey show that the majority of buyers are not willing to travel more than 30 minutes to...

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