Market News
Russian traders circumvent the ban on the import of European vegetables
Date: 2011-06-20 13:20:25
Despite the import ban, due to the diarrhea outbreak, one can find European vegetables on the Russian market – states the Monday issues of the Vedomosztyi newspaper “As expected, the...
Read more
China would significantly reduce import duties on high-category goods
Date: 2011-06-20 13:18:32
China is already the world's second largest luxury market, but soon, demand may be even greater: The Far Eastern country has plans to reduce import duties on high-category items, so...
Read more
A truckload of unmarked eggs seized by NAV
Date: 2011-06-20 13:00:33
The officers of the National Tax and Customs Administration (NAV) found a truckload of unmarked eggs near Rajka. The truck came from Slovakia. The finance officers stopped the Slovakian truck...
Read more
The U.S.A. became the country of home gardeners
Date: 2011-06-20 12:55:07
Millions of people started gardening on their own at the outbreak of the Great Depression in the United States in 2008, in order to restrain their spendings. Now it appears,...
Read more
A bit of Hungarian
Date: 2011-06-20 12:52:26
Market research makes it evident that buying Hungarian is increasingly important for shoppers. The Ministry of Rural Development has already drawn up draft legislation on regulating Hungaricum and domestic products....
Read more
Energy – Another Successfully Closed Field of the Presidency
Date: 2011-06-20 12:03:12
The energy ministers of the EU adopted Council conclusions at their meeting chaired by Minister for National Development Tamás Fellegi, held in Luxembourg on 10 June 2011 to review the...
Read more
IFK: the mall construction stop would push back the construction industry and trade
Date: 2011-06-17 12:17:42
The real estate development industry is concerned by the bill on “plaza building moratorium”. To create commercial establishments a detailed impact studies are still needed – states the statement of...
Read more
Seventeen percent of the Hungarian customers have complaints
Date: 2011-06-17 12:15:36
The Hungarian consumer complains more and much more efficiently, than the customers of other EU countries. Hungary has finished on podium in EU's Health and Consumer Protection (DG SANCO) recently...
Read more
Net earnings increased significantly
Date: 2011-06-17 12:10:41
In the first four months, gross earnings increased by 2.6 percent, the net average earnings without taking the family allowances into account increasedy by 4.5 percent, compared to the datas...
Read more
The OECD and the FAO expects sustainable high food prices
Date: 2011-06-17 12:00:33
In their joint Friday published analysis the two organizations also warn that violent fluctuations of the prices can also be typical in the period until 2020. The price level remains...
Read more
Foreign executives expect Hungary's economic to be grow from the second part of 2011
Date: 2011-06-17 12:00:06
The leaders of the international companies present in Central and Eastern Europe expect that the the economic boom will begin in Hungary in the second half of the year –...
Read more
Hungary's autumn barley harvest could reach 600,000 tons this year
Date: 2011-06-17 11:48:01
According to the Rural Development Ministry, Hungary's autumn barley harvest could reach 600,000 tons this year, state secretary György Czerván said within the compass of a press conference on Friday....
Read more
GMO-contaminated soy cleaned
Date: 2011-06-17 11:27:32
The Agricultural Office (MgSzh) ordered Pioneer Ltd. to clean the GMO-contaminated seeds from their 240 acres of land. Experts of the Agricultural Office have proven that more than 20 thousand...
Read more
The people of Provance made beer already 2500 years ago
Date: 2011-06-17 11:05:01
Provence in southern France is mostly famous of its wines, but it has also great brewing traditions: according to recent discoveries; people of Provance brewed beer already 2500 years ago....
Read more
The first FMCG company on Groupon’s website
Date: 2011-06-17 09:33:22
Formerly many experts were of the opinion that the coupon trend would not reach the world of FMCG products because of their small profit margin and wide distribution. But General...
Read more
EU-commerce, terrorism and drugs
Date: 2011-06-17 07:20:28
The EU-US Workshop on Terrorist Financing was held under the Hungarian Presidency in Budapest on June 6-7, 2011. The Workshop was opened by Roland Nátrán, Deputy State Secretary, Ministry for...
Read more
Hungarian wines classified according to EU-categories
Date: 2011-06-16 15:55:27
Hungarian wines will be classified according to a new category-sytem commensurate with European Union norms, Rural Development Minister Sándor Fazekas announced at a press conference on Thursday. All Hungarian wines...
Read more
Pálinka distilleries can obtain sources
Date: 2011-06-16 14:57:34
At the settlements with fewer than five thousand inhabitants, the supportable micro businesses will be extended with the pálinka distilleries – said V. Német Zsolt, Secretary of the Ministry of...
Read more
European supermarkets were awarded in eleven categories
Date: 2011-06-16 13:12:38
The International Council of Shopping Centers (ICSC), handed over the recognitions of the shopping centers on Wednesday at the 2011 European Shopping Centre Awards. The recognitions were handed over in...
Read more
A growing demand for luxury items
Date: 2011-06-16 12:02:56
After the crisis, last year the sales of luxury goods broke a record again, especially in the emerging countries perceived high level of interest. According to the survey of the...
Read more
The European online advertising market grew by fifteen percent
Date: 2011-06-16 12:00:02
Among the online advertising types, display advertising grew the fastest last year by 21.3 percent, while the former catalyst of the market increased by a total of 15.1 percent –...
Read more
National products in Europe
Date: 2011-06-16 11:58:07
In Hungary the transformation of new or old brands is usually carried out by large multinational companies as the costs of innovation and advertising are high. Experience is that domestic...
Read more
China is now the third most common destination for Cuban cigars
Date: 2011-06-16 11:00:14
Cuba exported six million cigars more last year than in 2009, but the industry's performance does not reach the 100 million pieces export of 2008. As a result of the...
Read more
While inflation is under four percent, food prices have risen well above the average
Date: 2011-06-15 15:00:50
The rate of inflation was substantially lower than expected in May, and all signs indicate that the rate of price inflation will slow down in the rest of the year....
Read more
The EU decision on food labeling was born
Date: 2011-06-15 14:55:39
The Hungarian Presidency agreed with the European Parliament and the European Commission about the reform of food labeling – reported Reuters. Under the new rules, the energy, the salt, sugar,...
Read more
Vegetable growers will be compensated by the end of the summer
Date: 2011-06-15 12:50:31
The Union is providing 210 million Euros for the immediate assistance of vegetable producers – announced Commissioner Dacian Cioloş. The degree of compensation will be equal to 50% of the...
Read more
The online coupon market is evolving at amazing speed
Date: 2011-06-15 12:45:18
The turnover of the community purchasing web sites dealing with bonuses and coupons is expected to be more than two billion forints this year, but can reach three billion forints....
Read more
The poultry-breeder can also be a processor
Date: 2011-06-15 12:40:29
The biggest problem for the farmers in the poultry sector is the high feed prices – said Fazekas Sándor Rural Development Minister on Tuesday, in Kunmadaras. The Minister told that...
Read more
The LMP urges a six-month network expansion moratorium
Date: 2011-06-15 12:34:54
According to the LMP party, the National Assembly should proclaim a moratorium on the network expansion of the large retail chains as soon as possible. They fear that even before...
Read more
Mineral waters under bottle pressure
Date: 2011-06-15 12:21:04
Mineral water sales had been growing for years but this positive period turned into stagnation, which after a while lead to declining sales. Last year minus 3 percent was registered...
Read more
