Market News
75 thousand pounds for a bottle of white wine
Date: 2011-07-27 11:50:06
A 200 years old 1811 vintage Chateau d'Yquem white wine was sold for seventy-five thousand pounds – 22.5 million HUF – in London at an auction. The buyer is a...
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The ability to adapt to ever-changing needs: EIPA’s first 30 years
Date: 2011-07-27 11:12:24
The National Institute of Public Administration and the European Institute of Public Administration (EIPA) jointly organised the meeting of the EIPA Board of Governors, on 6-7 June 2011, in the...
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John Dalli to push full smoking ban across European Union
Date: 2011-07-27 10:33:03
The European Commission announces it is preparing to introduce legislation in 2011 to ban smoking in public places right across the union. Euobserver.com reports that European Commissioner for health and...
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Hungary will penalize planting, distribution of GMO seeds
Date: 2011-07-26 14:45:05
The Hungarian goverment is going to penalize planting and distribution of genetically modified seeds with fines of up to 2 billion HUF, government spokesman Zoltán Kovács pointed out at a...
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Women are better at shopping than man according to Hungarians
Date: 2011-07-26 14:18:41
The average Hungarian person is convinced that women are the most suitable persons in charge when it comes to shopping and purchasing items necessary to do household chores – the...
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Retail turnover rose in May
Date: 2011-07-26 14:00:53
In May, retail sales turned out to be better than expected, but there is no reason for joy: the Swiss franc has started to soar, and the pension fund real...
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The majority of the population does not trust in the social impact of the chips-tax
Date: 2011-07-26 13:50:04
Although two-third of the population supports the introduction of the new public health product fee, called chips-tax, the majority of the respondents still skeptical of its social impact – shows...
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The commercial property sector is beyond the nadir
Date: 2011-07-26 13:40:00
The Hungarian commercial real estate sector commercial shows a varied figure, hovewer it can be stated at all segments that the market is beyond the low point and entered into...
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(HU) Hazai tejtermékek kerülhetnek be az uniós segélyprogramba
Date: 2011-07-26 13:30:29
Domestically produced dairy products can be included to the EU's food aid program in Hungary in the next year. The(UHT) milk and cheeses, that do not require cooling, will be...
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What is the size of the Slovakian Tokaj wine region?
Date: 2011-07-26 13:20:42
The representatives of seven villages in the eastern Slovakian Tokaj wine region called the government in Pozsony to immediately close the negotiations with Hungary and mark out the region's borders....
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More than three million tonnes of wheat are in the warehouses
Date: 2011-07-25 14:31:45
More than three million tons of high quality wheat was transported into the warehouses. This year's harvest covers the 2.5 million tonnes annual needs of the country of which 1.2...
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Fruit growers may receive a good price
Date: 2011-07-25 14:20:08
This year there are almost no amount of volume that could not be sold from cherry, sour cherry, apricot and raspberry. Noone can complain about the prices; cherry, raspberry can...
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GKI’s economic index also decreased in June
Date: 2011-07-25 14:00:42
The seasonally adjusted value of the GKI economic index continued to decrease in July. The downward trend continues for months and the business and consumer confidence is also on the...
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The situation of the civil consumer protection organizations in the EU is deteriorating
Date: 2011-07-25 13:50:53
The situation of the civil consumer protection organizations is difficult, indeed, in some cases deteriorating in the European Union and in the Central and Eastern European Member States – states...
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More than 4,000 kilograms of radiant meat was transported to the Japanese stores
Date: 2011-07-25 13:40:41
After the disaster Fukushima, the cesium contamination is an increasing challenge for the Japanese food trade. 58 farms are involved. The Japanese Agriculture Ministry reported that 58 farms, and 2,600...
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World trade regained its April decline in May
Date: 2011-07-25 12:38:12
According to the Monday published datas of the Dutch CPB Economic Analysis Center; world trade rose in May in terms of volume after the decline of April, after the exports...
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Google Chrome accelerates
Date: 2011-07-25 12:10:54
However the Internet Explorer can be found on more than half of the computers Google Chrome increases its share at a faster pace than any other browsers The Google+ Community...
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Hungarian apricot is facing a successful year
Date: 2011-07-25 11:57:49
Hungarian apricot is facing a successful season this year: the season's has produced 30 percent more, namely around 50 tons of apricots this year in Hungary, while Europe is facing...
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Community portals are expensive spots for advertising
Date: 2011-07-25 08:09:44
As more and more major brands start spending the money they previously spent on TV and print advertising on online ads, Facebook ads price soar by 74% compared to last...
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Forklift mishap destroys $1m of shiraz wine
Date: 2011-07-25 07:45:24
More than A$1m ($1.07m; £664,000) of wine has been destroyed in a forklift accident in Australia. The 2010 Mollydooker Velvet Glove shiraz sells for A$185 a bottle ($199; £122), the...
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Hungary can export Vegetables to Russia from Monday
Date: 2011-07-22 14:10:39
The Russian Chief Medical Officer approved the renewal of Hungarian Vegetable exports to Russia on Monday. Moscow banned the EU imports in early July, due to the diarrhea epidemic. Also...
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The majority of soy comes from genetically modified seed
Date: 2011-07-22 14:00:25
Not only the union, but the experts cannot develop an unified view on the GMO issue. According to one side; it can be an effective solution for the growing food...
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Beer in Russia has been classified as alcoholic beverages instead of food
Date: 2011-07-22 12:59:21
Beer consumption is getting increasingly popular in Russia, while the beer has been included in the food category until now. After the legislative amendment will came into force, the authority...
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Russia wants leading grain exporter role again
Date: 2011-07-22 12:57:40
Russia expects to regain its leading grain exporter role in this season, thanks to its good harvest, after forced to introduce export bans due to last year’s severe drought. According...
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High demand for the Hungarian cattle in Turkey
Date: 2011-07-22 11:50:24
If the increased Turkish demand for Hungarian cattle remains, that can cause prosperity in domestic cattle breeding. The Turkish market was previously closed for animal health reasons. Until last year,...
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GKI-Erste index falling
Date: 2011-07-22 11:48:11
The recently published medium-term forecast of GKI reveals, among others, that following an average annual decrease of 1.6 per cent in the 2008-2010 crisis period, GDP will return to the...
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Hungarians get info about health problems online
Date: 2011-07-22 09:24:02
Hungarians tend to gain more information with the help of the internet than the rest of Europe. In the first place, people are searching for information about diabetes, prostate problems,...
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New technologies in engineering are the way to move forward
Date: 2011-07-22 07:28:08
Engineering is one of the few industries in Hungary which has managed to remain relatively successful throughout the years of the recession, however only those companies managed to move forward...
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GfK: discount stores gained market share
Date: 2011-07-21 14:40:44
In the first five months of the year, major changes can be observed in the market part of the commercial channels. The Hungarian households spent considerably more at the discount...
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The Ministry of National Economy would easen the organizing of local fairs
Date: 2011-07-21 14:32:35
The government would easen the organizing of local fairs and markets. According to the draft legislation of the Ministry of National Economy it would be enough to report the event,...
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