Market News
MAGOSZ encourages public storage
Date: 2011-07-15 13:05:22
The amount of wheat is moderate, but quality is high this year in Hungary – states the MAGOSZ. According to the agricultural organization; prices are depressed currently, but on the...
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Customers prefer air-conditioned stores in the heat
Date: 2011-07-15 13:01:37
A large part of the customers prefer air-conditioned hypermarkets and malls more in the heat wave than smaller shops – shows the online survey of Népszabadság Online. In the heat,...
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Advertising is more effective on thematic channels
Date: 2011-07-15 12:59:41
In the future, the expansion of thematic channels may continue, over the commercial TV channels, and their viewers are still holding untapped potential for advertisers. According to the recent joint...
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The parliamentary committee investigating the privatization of the sugar industry has been formed
Date: 2011-07-15 12:57:40
The parliamentary committee investigating the privatization of the sugar factories held its first inaugural meeting. The 16-member committee will meet weekly and in 180 days will compile a report on...
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The Slovak Parliament said no on Sunday store closure
Date: 2011-07-15 12:48:10
The Slovakian shops will be open on Sundays and on most of the holidays. The Slovak parliament voted down the Sunday closure proposal of the Christian Democratic Movement (KDH), this...
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Magazine: Grill sausage sales are highly concentrated
Date: 2011-07-15 11:41:24
Hungarians spend about HUF 1 billion on grill sausage a year. The Nielsen Retail Index registered minus 26 percent in both value and volume from one year to another. Volume...
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Price-to-value ratio is the most important for Hungarians when purchasing food
Date: 2011-07-14 15:36:30
The most important factor for Hungarians when purchasing food is without doubt the price-to-value ratio, a suvey by market research company NIelsen published today. In the survey, 47% of respondents...
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The Seed Association proposes professional consultation in GMO case
Date: 2011-07-14 14:51:38
The Seed Association proposes professional consultation with the participation of the legislature, the authority and the representatives of the companies to review the legislative, jurisdictional and practical problems – announced...
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The insolvency of the firms affects trade and the construction industry the most
Date: 2011-07-14 13:50:02
The insolvency index of the Hungarian companies increased by 21 percent in the first half of 2011, compared to the same period of the previous year. Proceedings were initiated against...
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Will the Hungarian fruit win on the chips-tax?
Date: 2011-07-14 13:30:50
According to the Ministry of Rural Development; one of the winners of the public health product tax, the so-called chips-tax may be domestic agriculture, because it will help local production...
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Analysts have different views over the 7.6 percent growth of the industrial production
Date: 2011-07-14 13:12:22
The analysts of the banks polled by MTI have different views over the slowdown of May. Some of them consider it temporary some believe it is a sign of a...
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The new melon market regulation enters into force on Thursday
Date: 2011-07-14 13:08:26
The new melon market regulations enters into force on Thursday, that according to the ministry will strengthen the market position of the Hungarian melon. Czerván György, State Secretary of the...
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Minimal growth in U.S. retail
Date: 2011-07-14 12:35:04
Compared to May, U.S. retail trade increased by 0.1 percent in June, instead of the expected stagnation. Moreover, the U.S. Commerce Department decreased the value of the May decline from...
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Consultation on Rural Development Co-operation in the Carpathian Basin
Date: 2011-07-14 10:14:11
As part of the National Rural Strategy – 2020 consultation series, discussions were held for the first time today regarding the national Carpathian Basin Rural Development Co-operation programme. Experts and...
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KSH: grain prices increased over 90 percent, fruit prices over 70 percent
Date: 2011-07-13 13:50:32
The agricultural producer price level in May 2011 was 37.6 percent higher than a year ago – reports the Central Statistical Office (KSH). In particular, the price level of plant...
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Is the Chips-tax unconstitutional?
Date: 2011-07-13 13:10:48
The public health product tax, raises various legal issues – emphasizes Torsten Braner community lawyer, associate of the e|n|w|c Natlacen Walderdorff Cancola international law firm. The new law determines the...
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Dairy support: the EU approved the payment of the deposit
Date: 2011-07-13 12:52:39
Brussels approved the advance payment of SAPS and the special dairy support. The Hungarian farmers can receive the deposit of SAPS from the second half of October. The European Commission...
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The KöKi Terminal opens in September
Date: 2011-07-13 12:50:50
Approximately 1,500 new jobs will be established in the capital's newest shopping and business center in the KöKi Terminal in Kispest. Visualization of the KöKi Terminal The KöKi Terminal seeks...
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Health labels on Australian drinks
Date: 2011-07-13 12:45:53
The Australian liquor manufacturers have launched their volunteer program, under they label their products with health warnings, presumably in order to avoid future criticism, namely that they contribute to the...
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The operators of the Internet markets can be make responsible for violations
Date: 2011-07-13 12:42:38
The operators of Internet market businesses, including eBay can be responsible for the trade mark violations of their users – states the European Court in its judgments on Tuesday. In...
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Asia is heading for Europe
Date: 2011-07-13 11:42:33
On 10 May 2011 a large-scale conference was held at the Ministry of Rural Development, as part of the ‘Our future is in our hands’ series of programmes. The event’s...
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Electronic cops against online frauds
Date: 2011-07-13 08:44:13
The allegroup.hu Ltd. has gifted the police with a useful guide, in order to help prevent and investigate online crimes. The book was created by one of the country's largest...
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Hungarian Tobacco Producers against unemployment
Date: 2011-07-13 08:30:42
A well balanced new EU Tobacco Products Directive is needed which takes in account health, employment and budgetary considerations. Also a new EU position is required for the amendment of...
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IDEA: an average 10 percent price increase is expected from the chips-tax
Date: 2011-07-12 13:15:21
The National Assembly approved the law on public health product fee. According to a recent analysis, the burden can cause an average 10 percent price increase in case of the...
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Lower than expected inflation in June
Date: 2011-07-12 13:14:28
According to the experts, interviewed by MTI; inflation in June was significantly lower-than-expected. They believe that seasonal food and fuel prices brought down the prices. According to the Central Statistical...
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VM: fruit production may accelerate in the wake of the chips-tax
Date: 2011-07-12 13:09:38
According to the Ministry of Rural Development (VM); the public health products tax may result a boom in the Hungarian fruit production boom. According to the VM communication sent to...
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It is expected that at least one hundred of Hungarian companies will export vegetables and fruits to the Russian market
Date: 2011-07-12 13:07:19
The Hungarian fruit and vegetable export restarted to Russia from the middle of last week, after the Kardeván Endre State Secretary, responisble for food chain surveillance and agri management successfully...
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GOSZ expects a minimum wheat cropof four million tons
Date: 2011-07-12 13:06:36
Currently it seems that the amount of wheat harvest will be around or above four million tons – said Vancsura József, the President of the National Association of Cereal Growers...
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Elderberry cultivation is profitable
Date: 2011-07-12 12:58:20
Elderberry cultivation is profitable, if someone does it professionally and with care. Demand is growing towards the fruit used as a food colourant, so the domestic area can be increased,...
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New Norbi-update book for those with diabetes
Date: 2011-07-12 09:31:40
A new book by fitness-health guru Norbert Schobert has signed his freshly published book “Norbi secret reloaded” within the compass og a special Update-bakery opening ceremony in Westend. Now people...
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