Market News
The taxation of unhealthy foods is not the solution
Date: 2011-08-15 13:20:23
Nutrition specialists, tax experts, food industry personalities and politicians all over the world are arguing over, can they influence the consumption of unhealthy foods, thereby fighting obesity, diabetes, and the...
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We cannot be more pessimistic
Date: 2011-08-15 13:18:10
The opinion of the Hungarians is so negative over the situation of their own and the economy that – regardless of the real processes – it can not get worse...
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Exchange rate fixing: foreign currency loan borrowers still await
Date: 2011-08-15 13:17:23
The exchange rate fixing program is available since Friday, but the expected rush delays, despite some of the banks have extended their opening hours. According to the market leader OTP;...
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K&H: Half of the SMEs expect share from EU funds
Date: 2011-08-15 13:10:07
The EU co-funded aid applications remain important sources for businesses. An average of every second small and medium-sized enterprises (SMEs) consider it realistic, that they will receive this type of...
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China is flooded with fake French wines
Date: 2011-08-15 12:25:23
Although it is more difficult to counterfeit branded wines, than luxury bags and watches, however, China is flooded by the famous – mostly French – wine brand imitations. The first...
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Red wine against sunburn
Date: 2011-08-15 12:24:31
According to Spanish researchers; grapes and wine protect against sunburn. Marta Cascante, biochemist and her team at the University of Barcelona demonstrated that the flavonoids in grapes may reduce the...
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The domestic and European industry pushed their brakes
Date: 2011-08-12 13:20:42
Instead of the expected growth, industrial production declined in June in the eurozone and in the European Union as well – shows Eurostat's Friday published datas. The Hungarian industry shifted...
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The crop destruction ordered because of the GM contamination affects8.5 to 9 thousand hectares
Date: 2011-08-12 13:15:49
The crop destruction affects approximately 8.5 to 9 hectares, about 4,500 hectares of GM contaminated seeds and about 4,000 hectares of buffer zones – said Czerván György, Secretary for the...
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Consumer confidence has fallen dramatically in the United States
Date: 2011-08-12 13:01:33
According to the consumer confidence index published by Reuters / University of Michigan; a brutal deterioration occurred in consumer sentiment in the United States in August. On the basis of...
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Hungarians prefer advertisements sent in e-mail
Date: 2011-08-12 12:06:18
Hungarian citizens prefer commercials being sent to their e-mail address more than any other nation does. If a company or an institute send information in e-mail, using the clients real...
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French monks grow organic wine
Date: 2011-08-12 12:00:49
An ancient French monastery's monks preach water, but produce wine for more than 1,600 years for a pretty good price: one bottle costs 15 thousand HUF. But much of the...
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Magazine: We like to go shopping on Sundays
Date: 2011-08-12 11:40:29
A nationwide survey conducted by TNS Hoffmann revealed that 48 percent of Hungarians, 1.9 million families go shopping on Sundays. On average they spend HUF 12,500-15,000 per occasion, which means...
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Analysts expect lower economic growth
Date: 2011-08-11 15:55:36
The analysts polled by MTI, expect a slower 1.4 to 3.0 percent economic growth than before, because of the exchange rate movements of the past days and weeks. Others will...
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KSH: consumer prices rose by 3 percent
Date: 2011-08-11 15:00:26
The consumer prices were 0.3% lower in July 2011, than in June. The rates, compared to last July grew by 3.1% – shows the latest flash report of the Central...
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Is Europe's largest economy out of breath ?
Date: 2011-08-11 14:00:58
In June, the industrial production was stagnated, while foreign demand fell by 0.1 percent. Even engineering increased its output by just one percent. 62 percent of German exports tends to...
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Normative funding available for the sheep and goat chips
Date: 2011-08-11 13:59:46
The ministerial decree, which provides several hundred millions HUF support to the electronic marking of sheep and goats was published – told the Hungarian Chamber of Agriculture (MA). The normative...
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EU strictness: Polish vodka can be made of only potatoes and grain
Date: 2011-08-11 13:22:25
The Polish government has strengthened the production rules of spirits, including the Polish vodka, in line with EU standards. Producers are protesting against the new standards. According to the Polska...
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Number of liquidation procedures keeps growing
Date: 2011-08-11 12:00:03
The number of liquidation procedures in Hungary rose 21% in the first half from the same period a year earlier, credit insurance company Coface Hungary told MTI on Thursday. Liquidation...
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OTP: self-care should be improved
Date: 2011-08-10 14:40:27
The vast majority of Hungarian population are planning their finances in just short-terms, their expectations for the future are gloomy, and expect that the government will help them after retirement...
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Research center: the conquest of community shopping
Date: 2011-08-10 14:10:22
In the past one year, the proportion of online shoppers increased significantly – shows the E-Shopping Report survey of KutatóCentrum (ResearchCentre). While in 2010, only 48 percent of the users...
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The proportion of false purchases is reducing
Date: 2011-08-10 13:10:04
According to the representative survey of the National Board Against Counterfeiting (HENT); compared to the past year, the proportion of those consumers who purchase false products decreased in almost all...
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Vegetable-growers get a compensation for not being able to see due to German epidemic
Date: 2011-08-10 11:33:29
The Agricultural and Rurual Development Authority (MVH) has bega the payment of compensation for farmers who have not been able to sell their products because of the German E-Coli epidemic...
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Customer protection controls at Sziget every day
Date: 2011-08-10 10:35:04
Sziget is going to face daily customer protection controls in order to ensure food safety – a press conference by National Customer Protection Authority and European Customer's Center pointed out...
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Weakening Hungarian exports, growth may slow down
Date: 2011-08-09 14:38:30
Compared to the previous month, Hungarian exports have decreased significantly which can forecast a slowdown in GDP growth. According to the preliminary datas of the Central Statistical Office (KSH); export...
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Russia resolved the ban on fresh vegetable imports
Date: 2011-08-09 13:15:34
Russia resolved the ban on fresh vegetable imports today – announced the office of the chief medical officer in Moscow. Russia imposed restrictions fom the 9th of August 2011, due...
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The consumer credit market reduced by nearly one-fifth
Date: 2011-08-09 13:10:23
According to the datas of the central bank; the financial service providers placed out nearly 20 percent less, almost 120 billion HUF consumer loans in the first half of the...
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OECD: the economic growth of the G7s has reached its peak
Date: 2011-08-09 12:27:57
Probably the economic growth has reached its peak in the world's seven largest economies after the growth began after the global economic crisis started in 2008 – shows the study...
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Fake milk powder was found by inspectors
Date: 2011-08-09 12:10:47
According to the communication of the Ministry of Rural Development; vegetable fat adulterated milk powder was found by the Food Chain Safety and Animal Health Directorates of the county government...
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Further controls of the sugar industry privatization
Date: 2011-08-09 12:00:15
The National Sugar Beet Growers Association (CTOSZ) is convinced that the privatization of Hungary's sugar industry was not entirely well thought out. Most professional investors brought their money to Hungary...
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Where is traditional television heading?
Date: 2011-08-09 11:34:42
The future of traditional television consumption is still bright – the speeches given at the TAM conference held in Vienna in June celebrating the 20th anniversary of Austrian television audience...
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