Market News
The National Council of Wine Communities rejects the system of wine tickets
Date: 2011-03-07 13:23:09
The National Council of Wine Communities (HNT) does not support the reintroduction of the system of wine tickets and refuses to support any proposals that would increase the administrative burdens...
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Additional loans by the Ministry of Rural Development to support farmers
Date: 2011-03-04 17:35:09
According to plans made by the Ministry of Rural Development , the deplorable situation of farmers struggling to raise capital position, can be remedied by allowing the recruitment-loans – György...
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In 2010, exports exceeded imports by 1,517 billion HUF
Date: 2011-03-04 13:27:45
Last year, Hungary's foreign trade turnover increased significantly. The value of exports was much higher than the value imports. Hungary’s trade balance shows an asset of more than 1500 billion...
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Meat prices may increase without govermnental help
Date: 2011-03-04 12:46:21
The govermnental help would cost at least 20-30 billion HUF to the government, which the representatives of the pig and poultry sector are asking for. The sector was also affected...
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The Poultry Product Council calls for VAT reduction
Date: 2011-03-04 12:36:14
According to the Poultry Product Council (BTT), the drastic feed price increase threatens the market participants of the sector. The organization believes, that without government measures the poultry sector will...
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Why sugar is getting more expensive?
Date: 2011-03-04 12:26:44
What could be the reason, that sugar has became a scarce in Hungary and in Europe? How is it possible that Hungary, which had seven sugar factories a few years...
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The legislation to ensure the safety of consumers has started
Date: 2011-03-04 12:21:08
The legislation over the conditions of food catering products and the Regulation over conditions of the collectable fungis in the nature. Also the Hungaricum Law amendment will also be refined....
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Europe will run out of sugar until autumn
Date: 2011-03-03 13:23:25
The European Union allowed the extra import of half a million tonnes of sugar from the developing countries, above the usual quota. In addition duty-free import quotas were determined for...
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The lack of resources is the biggest problem of the pig breeders
Date: 2011-03-03 13:18:19
In these difficult months, the lack of resources hardens the situation of the pig breeders. Because of the lack of funds, the animal breeders cannot buy feeds on high prices...
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Euro zone: growing economy and buoyant retail
Date: 2011-03-03 13:00:08
According to Eurostat; the GDP of the Euro-zone grew by 0.3 percent, while in the area of the 27 Member States increased by 0.2 percent in the fourth quarter of...
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The number of liquidations increased in February
Date: 2011-03-03 13:00:02
Although in the past two months, the companies showed a more favorable image than before, Opten company information service provider published the sobering datas of the processes of February. The...
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2010 proved to be an outstanding year for 2010
Date: 2011-03-03 10:32:28
Gfk Group has seen an incredible profit throughout the fiscal year 2010. According to fresh data, sales has seen a 11.1 percent increase, reaching a number of 1,294 euros, whereas...
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Third of our time spent online is associated with portable devices
Date: 2011-03-03 08:50:54
Those who use internet on a weekly basis, usually spend 3 hours and nine minutes online. Thirty percent of this time is linked to portable devices. Using these devices is...
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Weather, riots and biofuels: further food price increase may come?
Date: 2011-03-02 13:22:18
In the latter period, the rise in food prices seems to be unstoppable. According to the communication of OTP Fund Management – which was published by the portfolio.hu – this...
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Hungarian-Ukrainian trade balance is over two billion dollars again
Date: 2011-03-02 13:17:20
The amount of the Hungarian-Ukrainian trade balance is over two billion dollars again – said Yuri Mushka, Ukraine’s Extraordinary and Plenipotentiary Ambassador in Nyíregyháza on Wednesday. According to the Ukrainian...
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The list of best companies for entry level jobs
Date: 2011-03-02 12:18:45
Figyelő, Aon Hewitt and AIESEC Hungary has put together a list of the best companies youngsters can work at as the first path of entry level jobs. The survey focuses...
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Ambitious plans, with omly a few concrete yet
Date: 2011-03-01 17:47:32
The analysts, polled by mfor.hu. described the package of the government positive. The planned 900 billion stabilization until 2013 sounds good, however, they see risk in its implementation. The market...
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Online trade may expand by an average of 10 percent in the following years
Date: 2011-03-01 15:01:40
According to the prediction of the Forrester research company; the Internet sales will continue to grow strongly in the developed countries. Forrester Research expects double-digit expansion of the online trade...
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“Sugar tourists” in Slovakia
Date: 2011-03-01 13:18:58
Sugar is cheaper in Slovakia with 30-70 HUF per kilo, therefore, growing number of the residents of the Hungarian-Slovak border are going to buy granulated sugar in Slovakian stores –...
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Six-tenth of the net users dissatisfied with the online adverts
Date: 2011-03-01 12:32:35
More than six-tenth of the Hungarian Internet users think that they receiving too many uninteresting promotions from the companies, that they have connections with. According to the opinion of the...
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Bread prices increases by 10 percent
Date: 2011-03-01 12:30:24
From today, bread prices will be increased by about 10 percent – confirmed several companies to agromonitor.hu. This is the third major increasing wave since last year’s wheat harvests, so...
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Euro zone’s manufacturing industry accelerated
Date: 2011-03-01 12:19:34
The performance of the euro area’ manufacturing industry increased by nearly to its ten-year peak in February. According to the datas of the purchasing manager index (PMI) of Markit; the...
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U.S. personal spendings below expectations
Date: 2011-03-01 12:15:33
The U.S. personal spendings increased in a smaller extent during January, than it was expected, while the households rebuilt their savings. Expenditures increased by 0.2 percent, after the 0.5 percent...
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The Agrarian-Chamber’s New Law is Ready for Presentation
Date: 2011-03-01 11:35:13
Mr. Sándor Fazekas Minister of Rural Development had a meeting with Mr. István Jakab. The meeting took place in order to inform the President of MAGOSZ (National Association of Hungarian...
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Belgians had to face serious questions
Date: 2011-03-01 11:18:18
In one of Europe’s richest countries food retail is much more concentrated than in Hungary. Ten and a half million people live in Belgium and Nielsen counted 7,800 food stores...
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GKI: thoughts on the changes
Date: 2011-03-01 10:19:45
GKI’s survey shows that more companies are planning to raise prices. Although the government is trying to use administrative measures to prevent this, the crisis taxes and the planned “hamburger...
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IDEA: a hamburger tax would not only hit the food industry, but also the poor
Date: 2011-02-28 14:05:37
According to IDEA, the Institute for the Democratic Alternative; the health aspects of the hamburger tax are unsuitable to reach public health issues. The idea of hamburger tax may soon...
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Social shop network needs to be reorganized
Date: 2011-02-28 14:00:37
The Social shop network of MAGOSZ struggles with the lack of customers, that wanted to give a better position for the domestic food producers., and offer cheaper products to the...
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The food samples travel abroad
Date: 2011-02-28 13:54:39
Sending abroad cost 150-200 thousand HUF for a piece of sample for the Hungarian food safety authorities. The specialized accreditation of national laboratories, has expired since the end of November,...
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Great Britain may quit from funding the FAO
Date: 2011-02-28 13:32:40
If the starving millions of India will go rebellious, the Arab revolutions will only seem as a prelude. This is London’s opinion of the current food crisis situation, and also...
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