Market News
HITA: Hungarian wine export has the momentum in China and in Hong Kong
Date: 2011-11-11 14:00:28
China and Hong Kong remain one of the key target for the promotion of Hungarian wines in the Asia-Pacific region, – informed the National Foreign Trade Office (HITA) MTI on...
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Russia bans German live pigs imports
Date: 2011-11-11 13:05:49
Russia, bans German live pigs imports on the basis of animal health reasons from mid-November. The Russian veterinary service announced that they ban the German live pigs imports from the...
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Pannonhalma wine region: increase in cultivated area, high yield
Date: 2011-11-11 13:00:04
After a decade of decrease, the grape grown area in the Pannonhalma wine region increased this year and this year's harvest is one of the best of the last decades...
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Demján's dream, the Hungarian hypermarket can be realized
Date: 2011-11-10 13:32:42
– We need Hungarian hypermarkets! – said Demján Sándor, the Executive National Chairman of the Association of the Entrepreneurs and Employers 10th of November last year. According to press reports;...
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Tax burden may hit the point collecting actions
Date: 2011-11-10 13:30:53
Overall, more than 50 percent tax would hit those discounts on purchases that are not actually in favor for an individual person. As the payer has no possibility for advance...
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The USA can recognize for next summerthat Hungary is free of swine fever
Date: 2011-11-10 13:30:03
The United States can recognize until the summer of 2012 that Hungary is free of swine fever, which can boost Hungarian agricultural exports overseas – told Fazekas Sándor Rural Development...
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Government spokesman: mall stop from 2012
Date: 2011-11-10 13:28:13
From next January, the construction of over 300 square meters of commercial structures will be prohibited – announced Giró-Szász András government spokesman at Thursday's press conference. Giró-Szász András said that...
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The recovery from the crisis stopped in the EU
Date: 2011-11-10 13:27:33
The recovery process from economic crisis stopped in the EU, we have to prepare for economic stagnation in Europe – told the European Commission in its comprehensive forecast published on...
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Less wine in the cellars this year
Date: 2011-11-10 13:00:41
This year's wine quantity will be less than the average – said Horváth Csaba, Secretary-General of the National Council of Mountain Villages (HNT) on Thursday, at the Parliamentary session of...
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We listen to the bank when it comes to money
Date: 2011-11-10 13:00:18
More than three-quarter of the Hungarian middle-aged population obtains information about the saving possibilities in the bank personally – shows the research of OTP. The second most popular source is...
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Winemarketing supporting smallprojects again
Date: 2011-11-10 12:20:06
Due to previous success, Hungarian smallprojects can compete for support by Winemarketing Comittee again. The project is centered around making HUngarian wine more and more popular. The framework of the...
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GKI: Deteriorating expectations
Date: 2011-11-10 11:14:14
In October 2011 the GKI Budapest Real Estate Market Index shows significant decrease compared to the previous quarter. Expectations on every real estate segments deteriorated. More...
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The food industry in the world: companies under pressure faced with price volatility
Date: 2011-11-09 19:13:39
Having weathered the 2009 crisis well, the food industry has been faced with surging markets since June 2010 which are affecting food prices throughout the world and particularly in emerging...
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Nielsen: six out of ten consumers prefer the domestic Hungarian products
Date: 2011-11-09 14:41:44
About three-quarters of the domestic consumers prefer the Hungarian products in case of processed meat, vegetables, fruit and milk. The decisions of most of the consumers are influenced by the...
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Foreign trade turnover became better than analysts expected
Date: 2011-11-09 13:00:41
Foreign trade turnover and surplus in September was well above the expectations – told analysts polled by MTI, who, however, states that it seems that this does not raise the...
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The EU tries to encourage economic growth with consumer and health protection
Date: 2011-11-09 12:20:50
European Commission keeps the encouragement of economic growth in mind, with its health and consumer protection programs after 2013. “If people remain healthy and active further, that would be positive...
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The purchase price of milk stabilizes
Date: 2011-11-09 12:15:29
The purchase price of milk seems to be stabilized, so farmers who had losses in recent years can organize their ranks, improvements may also be carried out. However, the weak...
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Chinese-Hungarian goose breeding cooperation
Date: 2011-11-09 12:11:16
Kardeván Imre, State Secretary at the Ministry of Rural Development has reported about great success at the Second International Feather Festival. According to him; the Chinese-Hungarian goose breeding cooperation is...
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Bootleg cigarettes worth 6 million HUF found
Date: 2011-11-08 14:56:19
Cigarettes with foreign seals worth 6 million GUF have been seized on Tuesday at the M3 highway near Polgár – the police informed MTI on Tuesday. The driver was in...
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Analysts: positive signs in the industrial production growth
Date: 2011-11-08 13:20:04
After the halt in June and July, the analysts of Takarékbank and Raiffeisen consider the industrial production growth of September as a good sign. They believe that this year's average...
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Investor sentiment in the euro area is on nadir
Date: 2011-11-08 13:00:40
According to the survey of Sentix economic research firm; Investor confidence is on its more than two-year lows in the euro zone. The confidence index based on the participation of...
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Varga Winery: 70 percent of the Hungarian wine market is black
Date: 2011-11-08 12:00:30
The estimated proportion of wine sold in black markets in Hungary is at least A 60-70 percent – states the Varga winery in its communication sent to MTI on Monday....
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Local Product and Trademark House opened in Zalaegerszeg
Date: 2011-11-08 11:55:29
Local Product and Trademark House opened in Zalaegerszeg on Monday; in the store one can become acquainted with the local registered branded products of Zala as well as their environmental...
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One thousands HUF more for Christmas
Date: 2011-11-07 14:25:21
According to the online survey of arukereso.hu, Hungarians plan to spend an average of 34,800 HUF for this Christmas. It is one thousand HUF more than in 2010. The analysis...
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Shopping tourism boom again
Date: 2011-11-07 14:10:00
Although most people do not appreciate forint's deep flight against the euro, but there are some sectors in our country, that are doing well with the rate of over 300...
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Cheap spirits may disappear
Date: 2011-11-07 13:22:13
The alcohol industry is preparing for response steps, due to the excise tax increase entered into force on the 1st of November. The businesses are seeking for “alternative solutions” that...
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Significant decrease in retail sales in the euro area
Date: 2011-11-07 13:20:25
After August's, moderate increase, retail sales decreased in the euro area in September – said Eurostat on Monday. The monthly retail sales in September decreased by 0.7 percent, after August's...
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A place to purchase local food in Zalaegerszeg
Date: 2011-11-07 12:55:50
A Center for Local Products and Brands has opened its gates in the city of Zalaegerszeg: visitors get to find out more about local brands and their environmental- and health...
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In the proximity of residential areas
Date: 2011-11-07 02:09:20
Alongside hypermarkets, retail chain units located in the proximity of residential areas play an increasingly significant role on the FMCG market. While a year ago 32 percent of consumers spent...
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Alimentaria 2012
Date: 2011-11-07 01:52:57
Alimentaria, one of the world’s three biggest food and Horeca trade fairs is held in Barcelona every second year. 30,000 food industry companies of Spain produce 7.6 percent of the...
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