Market News
Hungary is self-sustainable from wine
Date: 2011-06-02 13:35:02
This year is expected to be better for the wine sector than last year, but more forecasts cannot be given, because there is still a lot of time left until...
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2011 could be the breakthrough year for the online coupon sites
Date: 2011-06-02 13:20:36
Although the first Hungarian sites offering bonuses and coupons are less than a year old, in April this year, 1.5 percent of the population between the age of 14-74 have...
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U.S. companies spent more than ever on online advertising
Date: 2011-06-02 12:10:58
The value spent on online advertising increased by almost one-quarter, by 23 percent, to 7.3 billion USD in the first quarter in the United States – shows the recently published...
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Food safety is more important than political interests
Date: 2011-06-02 12:00:45
The protection of customers is the most important key element of the food safety politics of the European Union, and the same applies to Hungary, too. This safety is far...
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The first three months of the New Széchenyi Plan proved to be successful
Date: 2011-06-02 09:50:55
A significant change of attitude needs to take place in order to be able to handle sources in a more efficient way – Ágnes Molnár, secretary in charge of the...
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Sales are concentrated to hypermarkets and drugstores
Date: 2011-06-02 09:43:26
Retail sales of deodorants are still highly concentrated: from value sales hypermarkets had a 42 percent share and drugstores were at 38, informs the Nielsen Retail Index about the March...
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Government wants entrepreneurs to take part in the decrease of bureaucracy
Date: 2011-06-02 09:40:07
The government would like to involve entrepreneurs in the process of decreasing the number of employees working in administration field – Zoltán Cséfalvay, secretary of economics strategies pointed out on...
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The Ministry of Rural Development will market two million kilograms of sugar
Date: 2011-06-01 12:35:16
The Ministry of Rural Development (VM) will market its strategic sugar stocks in the Hungarian-owned CBA Co-op chains. According to the informations of Agromonitor.hu, Fazekas Sándor, Rural Development Minister has...
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We consume more and more home produced milk
Date: 2011-06-01 12:28:44
Although the dairy market is dominated by the hypermarkets, now 4,500 domestic enterprises produce home produced cheese and dairy products. Every year, approximately 150 million liters of home produced milk...
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The wages of the doctors may increase from the hamburger tax
Date: 2011-06-01 12:20:03
According to Hírszerző; Szócska Miklós Secretary of State, responsible for Health issues told that the Ministry is modelling the forms of the public health product charges. The professional concept of...
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The EU can ban the aspartame sweetener
Date: 2011-06-01 12:08:58
The European Commission called on the EU's food safety control organization, the EFSA to re-evaluate the effects of using aspartame in the scope of a comprehensive study. The studies showing...
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The world’s biggest companies joined forces (part 3)
Date: 2011-06-01 11:26:31
Our introduction of the 70-page Future Value Chain 2020 report has come to an end. In the last part we focus on what companies do to realise the goals and...
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World STAR awards for four Hungarian companies
Date: 2011-06-01 10:09:58
THe world's greatest packagaging trade-show, Düsseldorf-based interpack has awared four Hungarian companies with the famous World Star award issued by World Packaging Organization. Here are the winners: DR-PAck Csomagolóanyag Gyártó...
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Cost of living became higher for pensioners
Date: 2011-06-01 09:17:22
In March 2011 the average consumer price increased by 1.1 percent from the previous month; compared with March 2010 it was up 4.5 percent. The pensioner consumer price index was...
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Vocational training with an EU-support within the agricultural sector
Date: 2011-06-01 09:12:06
There are two significant competitions supported by an EU-source led by the Ministry of Rural DEevelopment at VM Central HUngarian Agrarian Trade School. Project manager Veronika Osgyáni-Székely pointed out that...
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The Prime Minister temporarily supports the Sunday opening hours
Date: 2011-05-31 15:33:40
I will support the elimination of Sunday opening hours, when it will be possible to live in Hungary from five days of work. But not until then – said Prime...
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Is the Spanish cucumber innocent?
Date: 2011-05-31 15:25:20
The E. Coli bacteria was identified on cucumbers from two Grossmarks of Hamburg. The results are surprising: the agent is not the same with the 0104 type number bacteria, which...
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Nielsen: Household chemicals, cosmetics market stagnates
Date: 2011-05-31 13:49:59
The retail household chemicals and cosmetics market was worth about HUF 300 billion in the twelve months to April, unchanged in both volume and value terms, market research company Nielsen...
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The big chains are selling hungarian vegetables
Date: 2011-05-31 13:19:43
In Hungary, the bacteria, which is believed to be infected a spanish cucumber cargo and caused ten deaths in northern Germany, has not been detected in Hungary. Hungary received a...
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We need to increase the competitiveness of the dairy sector
Date: 2011-05-31 12:40:53
We need to increase the competitiveness of the dairy sector. The tighter collaboration of the sector's participants and to increase the added value is essential for the industry – said...
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Russia bans the Spanish and German fruit and vegetable imports
Date: 2011-05-31 12:39:55
The outbreak of the diarrheal disease in Germany causes the Spanish economy a weekly 200 million euros damage, while Russia banned the Spanish and German fruit and vegetable imports. Because...
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The price of food can be doubled in the next 20 years
Date: 2011-05-31 12:38:48
While a few forints price increase causes serious revulsion among the traders, which can sometimes lead to demonstrations, according to economic experts, it became inevitable that in 2030, food prices...
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Polish economy is soaring because of the domestic consumption
Date: 2011-05-31 12:00:38
In this year's first quarter, Polish economy grew by 4.4 percent, compared to the previous year, just like in the previous quarter. The datas of the Polish statistics office are...
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No trust in the financial sector
Date: 2011-05-31 10:18:41
As a result of the crisis, people are losing their trust in the players of the financial segment – B&P Braun & Partners' new 2011 research Reputation Rating pointed out....
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Agricultural development needs a new direction
Date: 2011-05-30 13:22:31
The 21st century needs to be the era when agriculture comes to a crossroad because current setting are unsustainable – this is the main conclusion of the research project carried...
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FruitVeb: the cucumber season starts, dealers only purchase domestic products
Date: 2011-05-30 12:53:54
Last week, the Spanish cucumber essentially disappeared from the shelves of the Hungarian stores. In mid-May the domestic cucumber season started, and since then, traders have purchased only domestic prioducts...
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Hungarian food is unreasonably expensive
Date: 2011-05-30 12:45:58
Two-third of the Hungarian food products are offered more expensive than it would be justifiable – refers the Magyar Nemzet to the survey of the Agricultural Economics Research Institute. Kertész...
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The domestic wheat crop can be less than 2 million tonnes, compared to the usual
Date: 2011-05-30 12:40:04
In addition, less wheat and maize crop is expected this season. After these news hit the exchanges, the price of grain increased. Worldwide yields are also worse, than expected. The...
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Good melon crop is expected in the Ormánság this year
Date: 2011-05-30 12:10:46
After last year, which was the worst season of melon cultivation in 30 years, this year, a good harvest is expected in the Ormánság – said Kovács István, producer. As...
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Innovations and promotions drive deodorant sales
Date: 2011-05-30 11:46:43
Deodorants sell best in the summer period but they do well in the Christmas season too, because they are an integral part of gift packages – we learn from Dávid...
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