Market News

The regulation of mobile stores may be stricter

Increasing competition occurred between the convenience stores and mobile stores, due to the crisis. A regulation under construction would significantly make their operation more difficult. According to sources; the plans...

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Further decline in the German retail sales

Contrary to expectations, retail sales volume decreased in March in Germany. This was the second monthly decline in a row. Expectations were about a 0.2 percent expansion, while a 2.1...

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Free online presence even for small businesses

More and more small businesses open up for the possibility of strong online presence: since February, more than 5 thousand companies have signed up for the program titled Cégem (My...

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The companies object the compulsory chamber membership

The companies do not agree with the compulsory chamber membership. Among them, the companies that have no membership are strongly opposing to the introduction of the measure, while members of...

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We pay by credit card mostly in hypermarkets

The expansion of electronic payment continues among the Hungarian card holders, More and more people use their bank card for shopping regularly, and the share of foreign payments, and internet...

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Prince William's wedding may bring half a billion pounds revenues for UK retailers

According to the forecasts of the experts; British retail can expect more than half a billion pounds extra revenue from the wedding-related consumption. British Prince William – the eldest son...

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The world’s biggest companies joined forces (part 2)

The Consumer Goods Forum (CGF) unites 400 leading retailers, manufacturers and service providers and in the previous issue of Trade magazine we started discussing their 70-page report, Future Value Chain...

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Is internet a tool or a source of fun for Hungarians?

Even the most active internet users get online to work or get stuff done, and few of them focus on the fun part of the internet. The way consumers behave...

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An increase in economic optimism is to be seen

The Reuters/Ipsos MORI April Political Monitor shows an increase in economic optimism in the wake of official figures showing surprise drops in both unemployment and inflation. Three in ten (31%)...

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Trade Finance Magazine Copying and distributing are prohibited without permission of the publisher Coface grows wary of worldwide risk

Coface grows wary of increasingly volatile markets as it ups its perception of risk in 10 countries worldwide. Coface has re-evaluated risk in volatile markets across the world as it...

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A panorama over Sunday closure

According to a study; the supermarkets may profit from the restricting of the Sunday opening hours of shops, and although many people would be exempt from work on Sundays, it...

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Penta only needed the market?

The debate between the Penta meat industrial group and some leading government politicians threatens with EU conflict. The Penta group is “accused with market buying”. Fórián Zoltán, business director of...

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Mangalica Shop opened in Budapest

The Ministry of Rural Development creates an action plan to support the pig industry. Within a few weeks the plan will be released for public discussion – said Czerván György,...

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Demján: Hungary on the Silk Road

Hungary's economic and natural conditions are good enough that the country could be the final stage of a modern “Silk Road” – said Demján Sándor, Executive Chairman of the National...

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GKI's and Erste Bank's combined consumer and business confidence index edged up to -9.1 points in April

Economic research company GKI's and Erste Bank's combined consumer and business confidence index edged up to -9.1 points in April from -10.7 points in March. The index, prepared with European...

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In May, the Advertising Week is coming again

The Hungarian Advertising Association (MRSZ), organizes the Advertising Week for the sixth time, between the 2nd to the 8th of May 2011. According to the organization's Web site; public programs...

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The European commercial real estate market is recovering

Businesses were carried out on the European commercial real estate business market in a value of 26.7 billion euros in the first quarter, 26 percent more than a year earlier...

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Consumer confidence improved in the world's largest economy

In April, the value of Conference Board's consumer confidence index increased to 65.4 points from 63.8 points, which is a slight positive surprise, because the analysts' consensus was 64.4 points....

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99 percent of Hungarian companies may find the new online portal helpful

The website kkvguru.hu is an online center where leaders of small and medium-sized enterprises can get practical advice and up-to- date information. In the European Union, 99.8 percent of enterprises...

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KSH: retail trade stagnated in January and February

According to analysts polled by MTI, significant improvement in retail sales in the forthcoming months is not expected. According to the datas of the Central Statistical Office (KSH); retail sales...

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Improved food security before Easter, compared to last year's results

On the basis of the preliminary results, situation continued to improve, compared to the last year by approximately three to four percent – said Kardeván Endre, Secretary of the Ministry...

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Inspection fee would be applied only on animal origin foods

Kardeván Endre, Secretary of the Ministry of Rural Development (VM) responsible for food surveillance and agricultural management said: “We do not want to restructure the system itself, but the side...

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Bulgaria turns to the European Commission

Bulgaria urges the Commission to declare, that the multinational companies deliver lower quality food to the new EU member states – reports the EurActiv news agency. The debate broke out...

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Annually one billion tons of food spoils, due to deficiencies in transport and packaging

While all over the world, food is getting increasingly scarce and expensive, tons of goods are spoiling, due to improper packaging and shipping – quotes Handelsblatt, the expert of FAO....

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Coface: the wholesale and retail trade continue to be among the most hazardous industries

According to the most recent analysis of Coface Hungary; in the first quarter of the year,  compared to the similar period of 2010, the number of bankruptcy procedures increased by...

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Revolutionary innovation: Webstore on Facebook

It is the start of a new era; Hungary's first Facebook webstore, the viragneked.hu started to operate. The solution is so new, that even in the world, only a few...

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Brands: say something good about them or do not say anything at all?

Several marketing experts are convinced that consumers share their negative experiences with greater zeal and with more people than positive ones. This is the biggest concern when it comes to...

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Public debate of law on agricultural chambers begins

A first draft of the law on agriculture chamber has been completed and will be the subject of public debate until May 15, Rural Development Minister Sándor Fazekas informed the...

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Regus Business Confidence Index

Global business optimism, having undergone a slight decline in 2010, has now surged ahead, according to the latest half-yearly Regus Business Confidence Index. This regular global survey shows a significant...

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Before Easter: the price of eggs decreased the lamb and sheep meat prices increased

Since last year the supply price of eggs decreased by 45 percent, bull and lamb prices increased by almost 20 percent. Industry experts say: it is worth to watch out...

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