Market News
Nielsen: Household chemicals, cosmetics market stagnates
Date: 2011-05-31 13:49:59
The retail household chemicals and cosmetics market was worth about HUF 300 billion in the twelve months to April, unchanged in both volume and value terms, market research company Nielsen...
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The big chains are selling hungarian vegetables
Date: 2011-05-31 13:19:43
In Hungary, the bacteria, which is believed to be infected a spanish cucumber cargo and caused ten deaths in northern Germany, has not been detected in Hungary. Hungary received a...
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We need to increase the competitiveness of the dairy sector
Date: 2011-05-31 12:40:53
We need to increase the competitiveness of the dairy sector. The tighter collaboration of the sector's participants and to increase the added value is essential for the industry – said...
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Russia bans the Spanish and German fruit and vegetable imports
Date: 2011-05-31 12:39:55
The outbreak of the diarrheal disease in Germany causes the Spanish economy a weekly 200 million euros damage, while Russia banned the Spanish and German fruit and vegetable imports. Because...
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The price of food can be doubled in the next 20 years
Date: 2011-05-31 12:38:48
While a few forints price increase causes serious revulsion among the traders, which can sometimes lead to demonstrations, according to economic experts, it became inevitable that in 2030, food prices...
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Polish economy is soaring because of the domestic consumption
Date: 2011-05-31 12:00:38
In this year's first quarter, Polish economy grew by 4.4 percent, compared to the previous year, just like in the previous quarter. The datas of the Polish statistics office are...
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No trust in the financial sector
Date: 2011-05-31 10:18:41
As a result of the crisis, people are losing their trust in the players of the financial segment – B&P Braun & Partners' new 2011 research Reputation Rating pointed out....
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Agricultural development needs a new direction
Date: 2011-05-30 13:22:31
The 21st century needs to be the era when agriculture comes to a crossroad because current setting are unsustainable – this is the main conclusion of the research project carried...
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FruitVeb: the cucumber season starts, dealers only purchase domestic products
Date: 2011-05-30 12:53:54
Last week, the Spanish cucumber essentially disappeared from the shelves of the Hungarian stores. In mid-May the domestic cucumber season started, and since then, traders have purchased only domestic prioducts...
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Hungarian food is unreasonably expensive
Date: 2011-05-30 12:45:58
Two-third of the Hungarian food products are offered more expensive than it would be justifiable – refers the Magyar Nemzet to the survey of the Agricultural Economics Research Institute. Kertész...
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The domestic wheat crop can be less than 2 million tonnes, compared to the usual
Date: 2011-05-30 12:40:04
In addition, less wheat and maize crop is expected this season. After these news hit the exchanges, the price of grain increased. Worldwide yields are also worse, than expected. The...
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Good melon crop is expected in the Ormánság this year
Date: 2011-05-30 12:10:46
After last year, which was the worst season of melon cultivation in 30 years, this year, a good harvest is expected in the Ormánság – said Kovács István, producer. As...
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Innovations and promotions drive deodorant sales
Date: 2011-05-30 11:46:43
Deodorants sell best in the summer period but they do well in the Christmas season too, because they are an integral part of gift packages – we learn from Dávid...
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Only the exports seem to increase
Date: 2011-05-30 11:33:20
According to the forecast of GKI Economic Research Co., in 2011 external demand has been somewhat better than expected, however, uncertainty in the global economy has been greater than usual....
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Venison for private purposes without much administration
Date: 2011-05-30 10:47:21
Hunters will have to go through a simplified form of administration from now on, and if they only use venison for private purposes, the rules of small entreprenours will apply...
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Disabled people working in agriculture
Date: 2011-05-30 10:05:26
Hard work will be honoured again – MIklós Soltész secretary in charge of social, family, and youth issues said on Monday in Karácsond, Heves county. The village signed a contract...
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No decrease in quantity when it comes to FMCG-products
Date: 2011-05-27 15:49:46
“The Nielsen Company ended 2010 with strong fourth quarter performance. We continue to see high growth in developing markets and have accelerated investments in our portfolio of products and services....
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Rising food prices draws back retail
Date: 2011-05-27 13:15:03
The slowly rising consumer food prices already draw back the retail traffic – even though analysts expected expansion. The retail prices, due to the strong price competition and weak purchasing...
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Animal breeders will receive 20 billion HUF support this year
Date: 2011-05-27 13:10:18
In 2011 the swine and poultry sector will receive a total of 20 billion HUF from the Hungarian state -said Feldman Zsolt, Deputy Secretary of State, of the Ministry of...
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Few people familiar with the Hungarian Mangalica, Tokaji wine and goose liver in China
Date: 2011-05-27 13:08:41
According to the Chinese ambassador; the value of investments have also increased both in China and Hungary, and cooperation increasingly shifted from the traditional areas towards the dierction of green...
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Spanish vegatables checked in Hungary
Date: 2011-05-27 12:33:18
Hungarian rural development minister Sandor Fazekas has ordered the imediate strict control of groceries of Spanish origin, in order to protect the rights of Hungarian customers – the MInistry of...
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IT revolution in retail
Date: 2011-05-27 12:31:42
Currently one of the busiest branch of IT is the retail trade, where there is a constant need for business motivating solutions. Beside the developments within the retail space, such...
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The sugar beet growers will receive two billion forints
Date: 2011-05-27 12:30:02
The government provides 1.98 billion forints from the budget to support the sugar beet growers – states the communication of the Ministry of Rural Development on Friday. According to the...
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To what extent does income influence consumers’ store choice?
Date: 2011-05-27 11:02:55
Krisztina Kovács, sector manager, Consumer Tracking: GfK Hungária’s Retail Analysis 2010 helps us in answering the question in the title. Nearly nine out of ten households bought something in a...
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Member States are discussing standardisation of their environmental legislation in Budapest
Date: 2011-05-27 10:43:00
Hungary, with the environmental provisions of its new Constitution, is providing strong background support for the operation of organisations such as IMPEL (the European Union Network for the Implementation and...
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Hungary is at the forefront of volunteerism
Date: 2011-05-27 09:08:46
At the opening event of the ‘TeSzedd! Volunteer for a clean Hungary!’ action on Saturday, Sándor Fazekas said that this was a very important date in the European Year of...
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Győri: The spirit of the Presidency is manifest in volunteering
Date: 2011-05-27 08:00:33
There are few things that express the spirit of the Hungarian Presidency as well as volunteering does – Enikő Győri, Minister of State for EU Affairs of the Foreign Ministry,...
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Font Sándor: The entire food industry privatization should be reviewed
Date: 2011-05-26 13:24:46
The committee will primarily review the spontaneous and state privatization of the early '90s, the latter factory closures. The parliamentary committee will be formed within two weeks, and will be...
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Austrian-Hungarian cooperation will create the Center for Poultry Excellence
Date: 2011-05-26 13:20:41
The Vienna University of Veterinary and the Georgikon Faculty of the Pannon University signed a three-year cooperative agreement – announced by the cooperating parties. One of the world's leading university...
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Patagonia can be a famous wine growing region
Date: 2011-05-26 12:05:11
Argentine winemakers are trying to turn Patagonia as a famous wine-growing area. The task is a challenge, since the land is more a fertile land, the area has a very...
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