Market News
Magazine: Nationwide ‘store census’ from January until the end of March
Date: 2012-01-24 17:54:56
The colleagues from Nielsen will personally visit all food shops and HoReCa units in every town with a population above 10,000, where the managers or their representatives will fill out...
Read more
The government would consolidate the Hungarian companies that are in difficult position
Date: 2012-01-24 12:40:40
According to the Government, if it is necessary, a state help should be provided to those companies in trouble, that have prominent role in the domestic supply chain, purchasing agricultural...
Read more
MAGOSZ discussing the person of the new Secretary of State
Date: 2012-01-24 12:28:03
The Hungarian Federation of Farmers (MAGOSZ) initiate consultation with Prime Minister Viktor Orban and Minister Sándor Fazekas, in order to identify the person of the new Parliamentary Secretary of the...
Read more
Sándor Fazekas: active agricultural diplomacy is needed to regain the lost markets
Date: 2012-01-24 12:20:39
Only proactive actions will help to regain the markets, that were lost by the previous government. Therefore the Hungarian agricultural diplomacy in the forthcoming months will appear in several countries,...
Read more
Central Europe: Poland is the cheapest, the most expensive is Slovakia
Date: 2012-01-24 12:17:13
The journalists of the Világgazdaság have calculated how much one should pay in case of a family shopping in neighboring countries. Poland is the cheapest: the family shopping list was...
Read more
OTP Bank was down
Date: 2012-01-24 12:16:15
The Budapest Stock Exchange’s blue-chip BUX index opened Tuesday trade down 0.50% at 18,924.60. BSE blue-chips stood as follows at Tuesday’s opening bell: OTP Bank was down 0.99% at HUF...
Read more
Ipsos: Telework is minimal in Hungary
Date: 2012-01-24 12:14:16
In Hungary, 8 percent of employees work regularly or occasionally in telework, while a third of them are willing to work full time in this form – shows the international...
Read more
High proportion of fake food in China
Date: 2012-01-24 12:04:40
According to the report of China's quality control authority; more than 100 thousands cases were investigated in China over fake or substandard products last year. The total value of the...
Read more
The fall of GKI-Erste economic sentiment continued this year as well
Date: 2012-01-23 14:10:15
Consumer expectations have been declining for more than 15 months, whereas business expectations stagnated in the last quarter of 2011 following sharp deterioration lasting for eight months, but they fell...
Read more
MKIK: mandatory chamber registration
Date: 2012-01-23 12:45:34
At the special meeting of the Hungarian Chamber of Commerce and Industry (MKIK), the amendment need for the introduction of the mandatory chamber registration system. Parragh László, president of MKIK...
Read more
Beekeepers expecting favourable world market prices
Date: 2012-01-23 12:44:04
The demand and the world market price of honey is favourable: so in the case of adequate rainfall Hungarian beekeepers can expect a good year; currently the biggest problem is...
Read more
Magazine: Typically only one kind of dressing ends up in the basket
Date: 2012-01-23 12:33:20
GfK Hungária’s Consumer Scan reports that 90 percent of households bought some kind of dressing in September 2010-August 2011: 70-70 percent bought mustard and mayonnaise, while ketchup can be found...
Read more
About 300 billion allocated to Darányi Ignác Plan
Date: 2012-01-23 12:21:05
This year and next year, about 300 billion HUF will be given to the implementation of the Darányi Ignác Plan. Of this amount the development and launch of the EU...
Read more
The increase of cocoa at the commodity exchanges may continue in long-terms
Date: 2012-01-23 12:20:46
The European and American chocolate consumption decline visualization fears again interrupted the increase of cocoa in the commodity exchanges, while the fall of euro zone continues to be a threat....
Read more
Shops on wheels in the Czech Republic
Date: 2012-01-23 12:06:45
The rural shops on wheels are enjoying theirrenaissance in the Czech Republic: the rolling shops that were launched due to the once-erratic food supply are became the target of the...
Read more
The distillery of Győr expects higher revenues than last year
Date: 2012-01-23 12:05:13
The Győri Szeszgyár és Finomító Zrt. Expects a 10 percent increase in revenue. Last year revenue was 7.5 billion HUF – told Folláth György Chairman of the Board to MTI....
Read more
Shopping tourism in Hungary shows a mixed picture
Date: 2012-01-23 11:20:38
The shopping-tourism in the counties near the border showed a mixed picture over the past few weeks. The foreigners and Hungarians mainly go shopping to the other side of the...
Read more
Winery training at the college of Eger
Date: 2012-01-23 09:12:29
Eger’s well-known wineries developed e-learning winery materials for the Eszterházy Károly College in Eger with the support of the New Széchenyi Plan – informs the media referee of the institution....
Read more
Meat Processors afraid of Hungarian meat market collapse
Date: 2012-01-20 13:00:04
Due to the loss of the meat processors many companies can get into bankruptcy, the Hungarian meat market can even collapse – said Fazekas József, head of the Kelet-magyarországi Húsosok...
Read more
Wages increased higher than expected a slowdown can come this year
Date: 2012-01-20 12:58:37
Earnings increased higher than expected in November, but according to analysts; the growth dynamics will slow down this year, while the big question is, how will the employment develop. The...
Read more
KSH: the quantity of harvested maize and sunflower increased significantly last year
Date: 2012-01-20 12:40:50
Last year, the cereal yield was 1 million 493 thousand tonnes more than in the previous year, a total of 13.8 million tons of grain has grown – reports the...
Read more
The European Commission will review the planting rights
Date: 2012-01-20 12:11:32
The European Commission will establish a high-level advisory group in order to revise the system of the vineyard replanting rights to – announced Dacian Ciolos, Agriculture Commissioner in Berlin at...
Read more
Czech authorities banned Polish eggs, due to animal welfare reasons
Date: 2012-01-20 12:10:46
The Czech health authorities have banned the marketing of 420 thousand Polish eggs. In Prague, the Ministry of Agriculture spokesman said that the eggs came from farms that do not...
Read more
The consumer protection authority introduces the national consumer product basket
Date: 2012-01-19 13:02:52
After the positive list of businesses, the National Consumer Protection Authority (NFH) supports the dissemination of quality-conscious consumption with the introduction of national consumer goods basket – told Pintér István,...
Read more
The number of new legal jobs significantly increased in last December
Date: 2012-01-19 13:00:11
In last December, more than 10 thousand employers announced almost 33 thousand new jobs in Hungary, so compared to Novemberm, the number of new legal jobs increased by 11.1, compared...
Read more
The IMF changed its world economic growth forecast
Date: 2012-01-19 12:56:21
The International Monetary Fund (IMF) has reduced this year and next year's world economic growth forecast referring to the negative effects of the eurozone’s debt crisis,. According to the IMF...
Read more
Malt production stopped in Nagykanizsa
Date: 2012-01-19 12:55:57
Malt production has stopped in Nagykanizsa on the ruins of the Kanizsa Brewery ruins – writes the Zalai Hírlap. Three years ago the representatives of the Fidesz were talking about...
Read more
A Pálinka distilerry will be established in Somlóvásárhely
Date: 2012-01-19 12:32:34
A Pálinka distilerry will be established in Somlóvásárhely with a nearly 800 million HUF investment. The facility is scheduled to be handed over in May this year – informed the...
Read more
Magazine: Average price was up five percent
Date: 2012-01-19 11:53:22
The chaotic economic environment made European consumers more reserved. In the third quarter less food and household chemicals and cosmetics were sold in Hungary and in other 12 developed European...
Read more
Email Print JPMorgan Chase reports fourth-quarter 2011 earnings
Date: 2012-01-19 10:06:47
JPMorgan Chase reported net income of $3.7 billion for the fourth quarter of 2011, compared with $4.8 billion for the fourth quarter of 2010. Earnings per share were $0.90 for...
Read more
