Market News

Fair at the Hungarian-Croatian border

A fair of local products will be held at the Hungarian-Croatian border near Letenye on both part of the Mura river in early September. The fair will be held between...

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Watermelon Day in Ópusztaszer

Those who visit the National Historical Memorial Park of Ópusztaszer on Saturday can become acquainted with the traditional methods and tools of melon cultivation. At the yard of the open-air...

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Magazine: Short-term product advertisements replace brand building messages

Al Reis, owner-managing director of Atlanta-based strategic marketing agency Reis&Reis wrote on AdAge’s website that these days big manufacturers are only riding the waves of product images they established with...

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NFH: National risk map is necessary in the field of consumer protection

National risk map is necessary in the field of consumer protection in order to carry out more effective preventive work – toldPintér István, Director General of the National Consumer Protection...

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The school milk program continues

The long-time ago established school milk program continues. Currently only every seventh child reaches milk. With the EU and national support about 760 thousand primary school students could consume 2...

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The ATM network is expanding

According to the Brink's C.L. Hungary Zrt. value and cash logistics service company; following the expected expansion of the Hungarian ATM network a market worth of 3-5 billion will open...

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Wine marketing in late

After the non-transparent operation of the previous years, the major wine-marketing campaigns could not start in time even in the new organizational system. The popular musician and TV personality, Hajós...

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Magazine: Tesco holds on to their market leading position and keeps investing in Hungary

Since April Gerry Gray has been Tesco Hungary’s new CEO. He joined the Tesco team in 1988 as a shelf-replenisher and kept climbing up the corporate ladder in the following...

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Development Ministry on the Achievements of the Hungarian Presidency

Hungary will benefit from it’s successful presidency in the long term, as stated during the press conference organised by the Ministry of National Development to give account of the activities...

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Hungarians are the most pessimistic in terms of financial situation improvement

Hungary has the highest proportion of people who do not expect that their financial situation will improve – shows the latest Mood of the World 2011 study of GfK Roper...

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Campaign for the consumption of the Hungarian melon

The Hungarian Melon Association and the FruitVeb with the support of the Agricultural Marketing Centre spends more than 20 million HUF, to stimulate the consumption of Hungarian melon domestically –...

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Chemicals and cosmetics market sales slightly decreased in both volume and value terms

Hungary's retail household chemicals and cosmetics market was worth about 300 billion HUF in the first half of 2011, while sales slightly decreased in both volume and value terms, market...

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The Ministry of Rural Development easens the situation of slaughterhouses

In order to encourage local production, the Ministry of Rural Development will make the food safety standards clearer and more transparent. The ministry's regulation raises the number of animals that...

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The Christmas fair has already started in London

The Christmas fair has already started in London's Harrods and Selfridges department stores -record early. London, Harrods A Harrods spokesman explained the very early start with the number of foreign...

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The German Testbiotech Institute protests against the licensing of GM maize

The Munich-based Testbiotech Institute called on the Commission to reconsider the marketing permission of a genetically modified maize variety. According to the German Institute; the EU announced the licensing of...

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New EU rules for wine-makers

While the EU may finally deliver its overdue decision addressing use of “traditional terms” of winemaking, U.S. corporations must remain vigilant for violations of product labeling: Severe penalties can be...

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The wine and soda bus departs

If summer, than wine and soda and wine and soda bus. This year's wine and soda campaign of the Agricultural Marketing Centre's (AMC) starts again. This year's campaign beside the...

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The Government’s work plan for the second half of this year

Government decision-making does not stop during the summer: ‘The pace is maintained’. The Cabinet's agenda for the rest of the year comprises 164 laws, decisions and decrees, including decisions related...

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Dumping-like production and acquisitions before the introduction of the chips-tax

Before the introduction of the chips-tax, the affected food manufacturers and retailers started a dumping-like production and acquisition, although the increase may not be long delayed. The food manufacturers want...

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Export sectors create jobs

The number of employees between age 15-74 increased by 29,900  from 3,778,900 to 3,808,800 in one year (0.8 percent), which is the most dynamic growth of the past seven months...

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Wage supplement and Sunday opening hours

According to the proposed modification of the Labour Code; the employers should pay fifty percent salary bonus to their employers working on Sundays, except for those part time workers, who...

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VAT-decision – The goverment accepts EU ruling

Hungary is sticking to its 2011 and 2012 budget deficit targets and a European Court ruling on value added tax (VAT) refunds has no impact on the budget goals, spokespeople...

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The capsule coffee is getting increasingly popular in Hungary

Its market share within the total market is still minimal, but the sold in capsules and the number of devices more than doubled in a year. The number of market...

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2,500 tons of melon exported from the eastern part of the country

So far, the Nyíregyháza-based Rádium Kft. exported about 2,500 tons of from three counties (Békés, Jász-Nagykun-Szolnok and Szabolcs-Szatmár-Bereg) of the eastern part of the country – told the company's CEO...

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The number of domestic corporate mergers and acquisitions increased

The number of domestic corporate mergers and acquisitions increased in the first half of 2011 compared to the same period of last year – shows the latest survey of Ernst...

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The Ministry of Rural Development helps chicken farmers

The farmers breeding laying hens can apply for 5 to 200 million HUF support to create EU standard conditions for the animals from early September until the end of the...

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Improved consumer confidence in the world's largest economy

The consumer confidence index of the U.S. Conference Board economic research institute increased in July. The index increased to 59.5 points from the revised 57.6 points of June. The experts...

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Coface: the number of liquidation procedures grew

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. Liquidation procedures were...

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Hungarians do not want to work over the retirement age even for more money

Two-third of the Hungarian workers would not work after retirement age, even if their salary would be raised – shows the latest datas of Randstad Work Monitor. According to the...

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The plantations of the Somló Wine Region escaped from the red sludge

Scientific studies have shown that last year's red sludge disaster did not cause any damage to the vineyards of the Somló Wine Region – told Somogyi Lajos Hill Judge over...

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