Market News
New EU-rule: no wine-delivery documents needed
Date: 2011-04-13 11:19:03
Within the framework of the new legistal norms of the EU, winegrowers face several new rules to make their life easier when it comes to administration. There are certain new...
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Meat consumption has been declining for years
Date: 2011-04-12 17:00:31
It is necessary to admit: 2010 was not a succesful year for the meat industry, according to Tamás Éder, head of the Hungarian Meat Industry Association (MHSz) who summarized the...
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Increae of food prices led to an inflation
Date: 2011-04-12 13:25:34
In March 2011 consumer prices increased by 1.1% compared to the previous month and rose by 4.5% compared to March 2010. In the first three months of 2011 the average...
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More and more potatoes need to be imported
Date: 2011-04-12 13:01:42
Hungary does not have a sufficient number of potatoes at the moment: according to the president of the Potato Product Council, the country needs to import a significant amount of...
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Always check the pricetag of Easter-ham
Date: 2011-04-12 13:00:25
The most important thing to look at when purchasing Easter-ham should be the price-tag – FÉBÉSZ (Customers' Rights Association) warned customers this season In the heat of the Easter ham-business,...
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Payvment launches Facebook Shopping Mall
Date: 2011-04-12 13:00:00
Popular Facebook e-commerce platform Payvment announced the launch of its latest endeavor: the first-ever Facebook Shopping Mall. The new project is marvelously simple: like any other mall, the Payvment Shopping...
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German investor-expectations getting worse
Date: 2011-04-12 12:20:55
he ZEW German investor-expectations index declined more sharply than forecast in April to 7.6 from 14.1 in March, the Mannheim-based Center for European Economic Research, or ZEW, reported Tuesday. Economists...
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Coface: risky companies already closed
Date: 2011-04-12 12:00:04
The percentage of the Hungarian companies classified as risky is still above the regional average, but the latest figures from Coface Hungary show an improvement, with the figure falling to...
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KSH: The producer price level of agricultural products increased by almost half
Date: 2011-04-11 14:21:15
The level of agricultural output prices in February 2011 was 47.5 percent higher than a year ago – reports the Central Statistical Office. The price level of plant products increased...
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OECD: Hungary’s growth may continue to accelerate
Date: 2011-04-11 14:14:50
Hungary’s growth may accelerate further, the France expansion can also be started, while the UK continues to be slow, but still on a stable expansion path – shows the February...
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Sunday opening hours: the government will not decide without impact studies
Date: 2011-04-11 14:12:37
The government needs impact studies to decide over the Sunday opening hours of the retail scetor – said Nagy Anna government spokesperson on Sunday, in response to the questions of...
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MNB: local currency is risky
Date: 2011-04-11 14:01:42
It is easier to forge, it is not clear what will be happen with the forints given in exchange and does not support the local economy either – states the...
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Ipsos: the most popular leisure activity for young people is hanging at the mall
Date: 2011-04-11 13:58:57
Ipsos carried out a nationwide research, with a participation of 500 youngsters between age 15-25. The personal survey took place in the first quarter of 2011 covered three areas: music...
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WTO: This year world trade can increase by six and a half percent
Date: 2011-04-08 13:54:21
World trade this year will increase by 6.5 percent – predicts the World Trade Organization (WTO) in its report published in Geneva. This value, however, is smaller than the 14.5...
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Diabetic products from KKT
Date: 2011-04-08 13:35:16
Fekete and Bákonyi KKT was established seven years ago as a family enterprise. They produce diabetic products, especially wafers but they also distribute liquid sweeteners. Their products can be consumed...
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New tasting house promotes the pálinka of Gyula
Date: 2011-04-08 12:57:55
The new tasting house of the Gyulai Pálinka Manufaktúra was handed over, which will promote Hungarian gastronomy and will show the details of the producing of the Hungarian pálinka, in...
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U.S. retail performance is better-than-expected
Date: 2011-04-08 12:50:28
U.S. retail performance was not so bad in March as it was expected. The rising fuel prices not yet decreased the buying mood of people. The Thomson Reuters’ analysts consensus...
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Hungary’s watermelon producing area should be doubled
Date: 2011-04-08 12:41:57
Over the past ten years, the watermelon producing area never had been so small, as this year. Since the EU accession, seven years ago, the watermelon producing area decreased by...
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Eighteen companies from Csongrád County had been added to the positive list
Date: 2011-04-08 12:38:13
So far, 18 companies from Csongrád County entered into the recently created positive list of Consumer Protection Authority. The representatives of corporate and individual businesses took over the documentary evidence...
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Retro-feeling: Geszti Eszti, Kislángos and Baba
Date: 2011-04-08 11:17:11
All evidence indicates, that the retro-business is unstoppable rumbling Hungary. According to the most recent news; the Príma Maroni Kft. bought the trademark of Geszti Eszti, which was the nostalgic...
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Startmobil: smartphone, as we see it now
Date: 2011-04-08 08:19:44
Nearly a quarter of adult internet users keep a smartphone in their pockets – Róbert Pintér's lecture informed us at the Startmobil 2011 conference. The expert got into details about...
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Reduction in global food prices
Date: 2011-04-07 18:37:12
After eight months of continuous increase, global food prices fell slightly in March – announced UN’s Food and Agriculture Organisation, the FAO on Thursday. The FAO price index – which...
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The Association of Confectionery Manufacturers are optimistic before Easter
Date: 2011-04-07 13:47:42
This year the consumption decline is expected to be halt in the Easter confectionary markets and according to the general trend, there will be a 3-4 percent growth in this...
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Industrial production is on double-digit on an annual level
Date: 2011-04-07 13:12:25
On monthly basis, and with seasonally and working day effect adjusted the volume of industrial production in Hungary, increased by 0.9 percent in February – reports the Central Statistical Office...
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Horseradish fever in the Hajdúság
Date: 2011-04-07 12:48:11
Horseradish fever broke out in the Hajdúság. The price of horseradish has rached unrealistical highs. The reason of the high prices is that Polish merchants bought almost the whole export....
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Humusz Alliance: The Hungarian biobags do not decompose down naturally
Date: 2011-04-07 11:37:54
The biobags marketed in Hungary are based on trickery, almost without exception: in addition to the usual plastics, they contain different catalyst materials, that cause the plastic chains quickly fall...
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Summer in winter – the English way
Date: 2011-04-07 10:46:11
Summer in winter – this could be the slogan, meaning that the English know how to create a positive mood for potential shoppers – in London Christmas trees and African...
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Employees use social media mainly to present themselves personally
Date: 2011-04-07 08:33:27
In most countries more than 50% of the employees have a social media profile according to findings covered in the latest Randstad Workmonitor. Countries where usage of social media is...
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GFK: Consolidation process in the retail sphere began
Date: 2011-04-06 16:27:15
Following the worst downfall of the crisis of 2009, a rather slow process of consolidation began last year in the retail sphere of Hungary – GFK's new survey revealed today....
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The Hungarian Association of Shopping Centers opposes the restriction of Sunday opening hours
Date: 2011-04-06 15:32:08
Thirty-five thousand people is adversely affected (due to the layoffs or declining revenues), also the state will receive less revenue: limiting the Sunday opening hours is not actual in the...
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