Market News
Food safety is a great business in China
Date: 2011-09-27 08:27:29
Shanghai is looking to increase rewards paid to people who report breaches in food safety. The sum paid out will not be less than 500 yuan (US$78) and there is...
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ÉFOSZ: artificial flavor enhancers instead of salt
Date: 2011-09-26 15:00:42
The chips-tax may force the companies to replace the natural ingredients in the products with substitute materials. The manufacturer, that did not choose this way may risk the existence of...
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Domestic success is not a guarantee in the foreign markets
Date: 2011-09-26 13:10:13
While Hungarians feel enthusiasm towards the túró rudi, the Tokaji wine, and for other well-known, domestic products, it is not certain that these products will be succesful abroad. Tokaj: Hungarian...
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The tobacco companies will lose the liquor manufacturers gain
Date: 2011-09-26 13:01:31
Before the final vote, the government supports the increase of the cigarette tax, but removes the excise tax differentiation of natural flavor prepared beverages and other spirits, thus reducing the...
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World trade may rise slower
Date: 2011-09-26 13:00:47
The World Trade Organization reduced its earlier forecast: in its new projections a slower 5.8 percent world trade growth is expected, 0.7 percentage points less, than it was projected in...
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Medium good kékfrankos harvest in Sopron
Date: 2011-09-26 13:00:05
This year's harvest in Sopron became medium good both in quantity and quality – told Taschner István Hill Judge to MTI on Monday. The grape's stum containt is 17 degrees,...
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Digital technical solutions for companies, restaurants
Date: 2011-09-26 12:12:14
The Best Award winner from the Commercial Integrator magazine for digital signage hardware, the LG EzSign TV is an innovation in digital signage that can entertain while maximizing the impact...
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The Competition Authority allows the food industrial fusion
Date: 2011-09-26 12:00:14
The Competition Authority (GVH) gave permission to the Agrofert Holding that has many Hungarian interests to acquire control over the Czech Republic-based Mlékárna Hlinsko. The Competition Authority (GVH) initiated proceedings...
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GKI-Erste economic sentiment index reached its lowest level in the past one and half years
Date: 2011-09-26 09:37:19
In September the GKI-Erste economic sentiment index adjusted for seasonal effects continued to deteriorate. According to the empirical survey conducted by GKI with the support of the EU the declining...
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Home-made tobacco in Gyöngyös
Date: 2011-09-25 22:29:55
Individual cigarette production equipment was discovered by finance guard investigators discovered in the garage of a house in Gyöngyös – National Tax and Customs Administration (NAV) informed MTI. The machine...
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We could produce one million tonne more of vegetables and fruits
Date: 2011-09-23 12:40:38
The horticulture is the third largest sector of the Hungarian agriculture beside crop and livestock and it remains a primary concern and that Hungary should become a center of horticulture...
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Deloitte: it will be difficult to introduce the reverse VAT in the agricultural sector until January
Date: 2011-09-23 12:29:43
If we take the Romanian example as a base, it is difficult to imagine that by January Hungary can introduce the reverse VAT in the agricultural sector. In the case...
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Consumer confidence in the euro area evaporated
Date: 2011-09-23 12:21:37
On the basis of the preliminary datas, euro area's consumer confidence index decreased to-18.9 points in September 2011 instead of the forecasted -18 points. The last time the confidence index...
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Model farm and organic kitchen in Hernádszentandrás
Date: 2011-09-23 12:20:11
An organic kitchen is handed over on Friday in Hernádszentandrás, Borsod-Abaúj-Zemplén county Hernádszentandráson. In the kitchen those vegetables will be processed that were produced in previously built model garden. The...
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Ukraine is the world's fourth largest apple producer
Date: 2011-09-23 12:20:09
Ukraine becomes the world's fourth largest apple producer in 2011, and soon reaches the fifth- sixth place in tomato production – said Mykola Priszjazsnyuk Ukrainian Agricultural Minister. The Ministrer spoke...
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Hubertus BT. is an environmental threat
Date: 2011-09-23 09:32:31
The activity of Hubertus Bt is a serious threat to the aquatic life of Lake Balaton in the Great White Bereki Water Conservation Area – a recently completed study of...
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The wines of Szekszárd will be introduced in China
Date: 2011-09-23 09:25:04
A Chinese delegation arrived from the quickly evolving Dinghai region to Szekszárd. The Dinghai region is China's fourth district, that belongs to the special economic zones. This category is promises...
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FruitVeB: VAT on fruits and vegetables should be reduced!
Date: 2011-09-22 13:10:56
The Hungarian Fruit and Vegetable Inter-professional Organization and the Product Board (FruitVeB) calls for the VAT reduction of vegetables and fruits, and they willing to see that these products would...
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27 percent VAT is not conflicting with the EU rules
Date: 2011-09-22 13:10:33
There is no legal obligation in the European Union that the VAT rate should be below 25 percent, so the Hungarian 27 percent rate does not conflict with EU rules....
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Randstad: flexible solutions are needed
Date: 2011-09-22 12:46:39
According to Randstad's new publication “Bridging the Gap”, countries that have already reformed their labor markets, however, have performed substantially better than those countries still in need of restructuring. “Bridging...
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Similar to last year's average corn yield is expected in Békés county
Date: 2011-09-22 12:26:14
An average of 6 to 6.5 tons per hectare yield of corn is expected this year in Békés county – said Varjú Mónika, leader of the Agriculture Directorate of the...
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The price of pork drives up inflation in China
Date: 2011-09-22 12:25:34
The price increase of pork generates social dissatisfaction and significantly drives up inflation in China. The government will make every effort to increase stocks. Inflation has moderated somewhat in China...
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More and more SMEs enters the marketing market
Date: 2011-09-22 12:19:19
Marketing is no longer expensive for the companies, only they need to know the right tools – states the main organizer of the SME Marketing Expo. He said achieving customers...
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Wine spritzer days in Győr
Date: 2011-09-22 10:43:37
The cultural event Wine spritzer days in Győr was initiated, launched and organised by Rotary Club Győr. Our club and this popular event is united just like the sparkling water...
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KSH: retail sales decreased by 1.3 percent compared with July last year
Date: 2011-09-21 13:08:08
The retail sales volume remains virtually stagnant – shows the datas of the Central Statistical Office (KSH). The turnover of July was 0.3 percent below of the previous month's datas,...
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Retail sales will not grow substantially this and the next year
Date: 2011-09-21 13:05:10
The drop in retail sales may slow down for the end of the year, because of the base effects, but consumption is still not growing substantially, and due to next...
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Prices may grow with a higher extend than the rate of the VAT increase
Date: 2011-09-21 13:00:16
The Friday announced VAT increase would justify a 1.6 percent price increase, but previous experience has shown, that the majority of firms raises the prices higher than the rate of...
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Hong Kong is the world's freest economy Hungary is the seventeenth
Date: 2011-09-21 12:50:48
Similar to the previous years, Hong Kong proved to be the world's freest economy again. The United States is the tenth, Hungary is the seventeenth on the list of the...
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Chinese super rice broke world record
Date: 2011-09-21 10:10:15
The Chinese hybrid rice called super rice broke its own world record with 13.9 tons per hectare yield this year. The DH2525 hybrid rice brought a record amount of 13.9...
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More cereal grown on a smaller area this year
Date: 2011-09-20 13:15:24
In Hungary, 5.7 million tons of cereal was harvested in 2011, 8 percent more than in 2010, and on a 5 percent less area than last year on 1.4 million...
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