Market News
Weak domestic consumption continues to hold back imports
Date: 2012-03-12 14:00:59
According to the preliminary datas, the foreign trade value, calculated in euros, slightly increased by 2 percent in January, compared to the previous year's high levels – the Central Statistical...
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Increasing risk of bankruptcy
Date: 2012-03-12 13:45:50
According to Hungarian companies, the number of bankrupt businesses will slightly rise this year as well, following an all-time high of last year. They expect a particularly strong wave of...
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Costumers travel for special flavor vegetables and fruits
Date: 2012-03-12 13:28:48
The old Hungarian fruit and vegetable varieties will reappear probably on the local and regional markets, which establish the reputation of the Hungarian horticulture. In recent decades, the old, local,...
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Warsaw is the second most attractive commercial real estate market in Europe
Date: 2012-03-12 12:40:40
According to CBRE international consulting firm, Warsaw is the second most attractive commercial real estate market in Europe. The survey’s results were published in the Gazeta Wyborcza newspaper. In 2012,...
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Revenues of Somogy county merchants and restaurateurs declined
Date: 2012-03-12 12:06:11
According to the survey of the Trade and Tourism Advocacy of the Entrepreneurs in Somogy County (KISOSZ), more than half of the merchants and restaurateurs of Somogy county reported about...
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Russia bans the European pork imports
Date: 2012-03-12 12:05:16
From the 20th of March, Russia bans pork imports from the European Union, due to the Schmallenberg virus emerging in Europe. The Russian veterinary authorities explained on Monday that the...
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GDP forecasts for 2012
Date: 2012-03-09 13:45:26
The external demand, the performance of agriculture and the lack of credit can be the biggest risks in the evolution of next year’S GDP, which according to analysts interviewed on...
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Hungarian-Russian trade close to its pre-crisis level
Date: 2012-03-09 13:35:01
The Hungarian-Russian trade dynamically evolving and it is getting close to the pre-crisis levels – said Alexei Kazacskov, deputy commercial counselor of the Russian Federation at a conference in Győr...
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GM crops: still no EU compromise
Date: 2012-03-09 12:40:03
The EU member states still not reached a compromise about the proposal, which would allow that individual Member States to decide to gave permission, or to ban the production of...
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Stores and the authorities to join forces against rodents
Date: 2012-03-09 12:35:44
The Agricultural Office (MgSzH) and the National Public Health Chief Medical Office (OTH) developed a joint program in order to fight off of rodents. The forthcoming inspections will include the...
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Winemaker face new challenges due to the climate change
Date: 2012-03-09 12:07:57
Due to effects of global warming, sugar content of wine is increasing. The team of the French scientific research institute the INRA therefore developed a method, that allows to reduce...
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The Hungarian medicinal and aromatic herbs industry is looking for opportunities
Date: 2012-03-09 10:10:32
Medicinal and aromatic herbs are cultivated on about 18 thousand hectares in Hungary, contrary to the 37 – 42 thousand hectares of the 1990s – said Mártonffy Béla, Chairman of...
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Magazine: Easter ham consumption: a shift towards quality products
Date: 2012-03-08 17:23:26
There are two mains seasons for selling smoked meat and smoked-cooked meat: one is in March-April and the other is in November-December. In these periods consumption is 3-4 times bigger...
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Retail food sales in Hungary rose 5% in value terms
Date: 2012-03-08 12:23:19
Retail food sales in Hungary rose 5% in value terms in the twelve months to last January from the previous twelve-month period, market research company Nielsen published in its new...
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Salt counterfeiting may reduce the foreign demand for Polish food products
Date: 2012-03-08 12:00:26
The Polish food industry worries about the reduction of foreign demand, because Czech and Slovak food producer chambers called for a boycott of Polish products, due to widespread counterfeiting of...
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The fish population of the Lake Tisza will be enriched by native carps
Date: 2012-03-08 12:00:23
The Lake Tisza Sport Fishing Non-Profit Ltd. provides the carp resupply, with the propagation of native carps – announced the company's managing director at a press conference in Tiszafüred-Örvény on...
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Hungary seeks for the full utilization of EU funds
Date: 2012-03-08 11:30:10
Hungary seeks to reach the one hundred percent utilization of EU funds, even though the economic crisis has slowed the progress of the programs – told the National Development Agency...
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Colliers: retail area barely expands this year
Date: 2012-03-07 13:20:52
According to the latest retail market report of the Hungarian office of Colliers International, domestic demand has not changed appreciably during year 2011. The retail sales stagnated between January and...
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The weak industrial production data of January surprised the analysts
Date: 2012-03-07 13:10:18
Analysts are surprised by the weak industrial production data for January, because they expected higher production levels, and although they can not see clearly all processes, they consider that this...
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Ministry of Rural Development: support to the dairy farmers and rice growers
Date: 2012-03-07 12:52:39
The Ministry of Rural Development (VM) announces again this year the support for dairy farmers to manage their specific disadvantages, and introduces the special rice support. With the total of...
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Women earn one-fifth less than men
Date: 2012-03-07 12:50:56
In Hungary, women earn 21 percent less than men on average – shows the latest online salary survey of fizetesek.hu, operated by the Workania job portal. The company told MTI...
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The Good CSR program is the supporter of the WWF Danube-protection program
Date: 2012-03-07 12:30:04
The community of responsible companies, the Good CSR program has been renewed. Thanks to the conversion, beside the colorful and meaningful program elements, the member companies jointly support the WWF...
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German industrial orders decreased by 2.7 percent in January
Date: 2012-03-07 12:20:08
German industrial orders decreased by 2.7 percent in January, calendary and seasonally adjusted, after the 1.6 percent increase of December – the German economy ministry announced on Wednesday. Analysts expected...
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Magazine: Price reductions and promotions are most sought for by women
Date: 2012-03-07 12:18:28
GfK Hungária Shopping Monitor 2011–2012 shows that shopper expectations about stores change both per demographic group and with time. For many years customers have been mentioning product quality and freshness,...
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The Czechs still like to purchase abroad
Date: 2012-03-07 12:01:23
More than a quarter of the Czechs regularly goes shopping abroad. The Czechs buy mostly clothing, food and consumer electronic goods in the neighboring countries, in Poland, Germany and Austria...
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UN expert calls for junk food tax
Date: 2012-03-06 16:22:15
Unhealthy snacks and soft drinks should be taxed to fight bad eating habits in rich countries, the United Nations’ chief nutrition expert said in a report on Tuesday. At the...
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Magazine: Energy drink distributors chose the price war
Date: 2012-03-06 13:00:32
Despite the government’s decision to impose a public health product fee (NETA), the price of energy drinks did not increase yet. Instead a fierce market competition, a price war started...
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KSH: last year’s GDP was 4 percent smaller than in 2008
Date: 2012-03-06 13:00:02
According to the joint flash estimate of KSH and Ecostat, Hungary's gross domestic product (GDP) rose by 1.7 percent in 2011, but despite the growth, the performance of the economy...
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Long-term egg shortage to come?
Date: 2012-03-06 12:59:48
Eggs can be twice as expensive this year’s Easter than a year ago. No matter how incredible it is, Hungarians should prepare for a long-term egg shortage in Hungary, the...
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Agriculture is the Engine of Investments
Date: 2012-03-06 12:45:09
Agricultural investments rose significantly by 11.7 percent in 2011. Investment in the processing and food industries also increased by more than 24 percent. The increasing willingness to invest is due...
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