Market News
Magazine: Trends, whys and answers – part 5
Date: 2012-10-19 10:22:07
The market share of a carbonated soft drink brand, let us call it ‘A’, started to fall in one of the country’s in our region. At the same time competitors’...
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Pricing troubles by merchants
Date: 2012-10-19 10:00:05
At RetailCustomerExperience.com Dale Furtwenger, the author of the book ‘Pricing for Profit’ analyses the pricing strategies of retailers. He underlines the importance of being consistent and value-centred but writes negatively...
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Hungaricum Committee opening discussion at the Ministry of Rural Development
Date: 2012-10-18 12:49:51
The so-called Hungaricum Commitee has opened its founding conference on Thursday, at the Ministry of Rural Development (VM). The board consists of 15 members, and the main purpose of these...
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RSM DTM: The fiscal adjustment whitens the economy, but takes the chance of growth away
Date: 2012-10-18 11:59:34
According to the RSM DTM Hungary Zrt. consulting firm, the Wednesday announced government measures on one hand will whiten the economy, but on the other hand will take away the...
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Fazekas Sándor: tobacco growing is a very important industry
Date: 2012-10-18 11:53:56
Tobacco growing is a very important sector of the Hungarian Agriculture – Fazekas Sándor, Rural Development Minister said in Budapest on Thursday at the 33rd congress of the European Association...
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Analysts: real wages may decline this year
Date: 2012-10-18 11:40:05
Gross wages can grow by 4 to 4.5 percent this year, so – because of the high rate of inflation – a fall may occur in real wages – believed...
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Hungary's Representative Plants Tree at U.N. Biodiversity Conference
Date: 2012-10-18 09:43:05
eputy State Secretary of the Ministry of Rural Development Katalin Tüth represented Hungary and planted a tree at the U.N. Convention on Biological Diversity in Hyderabad, where participants from over...
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Amazon is America’s most popular retailer
Date: 2012-10-18 09:06:15
It is now official that Amazon is the number one retailer in the USA, after Boston-based OC&C Strategy Consultants published its research results. They evaluated retailers based on nine aspects...
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NÉBIB closed an illegal green food packaking plant in Csongrád county
Date: 2012-10-18 09:04:45
The Tax and Customs Administration of Csongrád county and the Food Chain Safety and Animal Health Directorate of the county seized the content of an illegal green food packaging and...
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New Matolcsy Package to come
Date: 2012-10-17 12:55:40
According to the new Matolcsy Package, transaction tax will increase and cafeteria rules will be strenghtened The EU did not found the 400 billion HUF package announced in early October...
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Employment does not change in the SME sector for seven years
Date: 2012-10-17 12:15:35
In Hungary, employment is stagnating since 2005 at the small and medium-sized enterprises (SMEs). The number of SMEs did not increase as well. The indicators in connection with the status...
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The VM pays out the sugar support, that was not paid out in 2006
Date: 2012-10-17 12:00:31
The Ministry of Rural Development (VM) pays the 240 million HUF worth sugar support to the nearly 300 owners, who did not get the grant in 2006, due to the...
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Hungarian-British Chamber of Commerce was founded in London
Date: 2012-10-17 11:54:27
Hungarian businessmen established a Hungarian-British Chamber of Commerce in London in to boost bilateral trade and economic relations and to facilitate market access. Nagy György one of the founders living...
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Only export amount of corn has grown
Date: 2012-10-16 13:52:03
It seems that food prices will increase unstoppable until next summer, because due to the drought less grain has grown in Hungary and in the world's major grain-producing areas. Due...
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The Parliament decided over cigarette and alcohol excise tax increase
Date: 2012-10-16 13:00:25
The Parliament decided over cigarette and alcohol excise tax increase on Monday, in order to allocate extra funds to the health service. The excise tax on cigarettes will be 12,500...
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Domestic economic expectations remained pessimistic
Date: 2012-10-16 12:09:04
GKI-Erste economic confidence index adjusted for seasonal effects has been essentially unchanged since May. A modest increase at the beginning of the year was followed by a fall in May,...
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One billion HUF support for wine investments
Date: 2012-10-16 11:52:23
The Ministry of Rural Development (VM) supports wine investments with 1.1 billion HUF from 5 November. The support can be claimed for already purchased, and operating machines – the ministry...
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FAO: It is important to strengthen the small-scale producers
Date: 2012-10-16 11:48:21
Fernanda Guerrieri, European and Central Asian Regional Representative of the UN Food and Agriculture Organization (FAO) drew attention to the importance of the strenghtening of the small farmers through cooperatives....
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Webshop qualifying system at e-commerce
Date: 2012-10-16 10:57:06
Within the compass of the famous “purchase it on the net” program, Szek.org has worked out a special qualifying system in strong co-operation with the National Customer Protection Authority, in...
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An increase in the proportion of bankruptcies
Date: 2012-10-15 14:06:31
The bankruptcy rate of companies is on 4.21 percent currently. This figure one year ago was only 3.44 percent. If the current trend continues, in next July, the index is...
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Hungarian agricultural exports to Russian increases further
Date: 2012-10-15 12:17:45
The aim of the Hungarian Ministry is to to reach the early 90s level in food exports to Russia – Fazekas Sándor Minister of Rural Development said after negotiations in...
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GfK: tobacco black market started to grow again
Date: 2012-10-15 12:00:58
The previous downward trend of tobacco black market has changed. The illegal tobacco market share totaled at 5.8 percent this year, after 4.2 percent of last year – the GfK...
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Online ordering of products outside the EU are duty-free until 22 euros
Date: 2012-10-15 11:00:50
Goods oredered from, countries outside the European Union online are duty free up to 22 euro, over this amount they are taxable – the NAV draws the attention. If the...
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Analysts say that industrial production may stagnate in the next six months
Date: 2012-10-12 13:00:11
Analysts say that in next six months, industrial production may stagnate, however, recovery can not be expected next year, because economic growth slows within the main export markets and worldwide....
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The school milk program rules should be rethought
Date: 2012-10-12 11:29:23
According to the Hungarian National Association of Parents (MSZOE), the ministerial regulation in connection with the European school milk program should be rethought before the adoption of the 2013 budget...
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The drought destroyed half of the corn and one third of the sunflower in Bács-Kiskun county
Date: 2012-10-12 11:04:25
Soil preparation work significantly fell behind in Bács-Kiskun county, where drought caused serious damages in corn and sunflower crops – Pogonyi Tibor Agriculture Director of the county’s government office told...
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Wine and liquor consumption increased in the Czech Republic
Date: 2012-10-12 10:41:39
The ban on spirits with 20 percent higher alcohol content was resulted in an increase in wine, champagne and liquor consumption in the Czech Republic in September. In beer consumption...
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Here are the best of Magyar Brands!
Date: 2012-10-11 15:10:27
This was the third time outstanding, high quality Hungarian brands have been awared by a prestigous professional jury. Here are the proper toplists: Customers’ top list 2012 MB brands 2012...
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Faint optimism at the SMEs
Date: 2012-10-11 12:40:00
The K&H SME confidence index which measures the expectations of the domestic SMEs still not show a clear direction. The first quarter brought growth, than in the second quarter a...
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Ipsos: marketers are banging open doors
Date: 2012-10-11 11:30:52
In quantitative terms of the online advertising clicks, it can be concluded that it is worthwhile to use this interface. Most of the Generation Y members (born after 1980) interested...
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