Market News
Hungarian milk goes to export
Date: 2011-04-04 14:06:02
Due to the expanding export, milk shortage emerged in the country, resulting in price increase of raw milk. Only in the past month, the price of raw milk increased by...
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Price increase to be postponed
Date: 2011-04-04 14:05:12
The price of bread did not increased, although the bakers obtain flour at a higher price – told the merchants to Magyar Nemzet. According to Fodor Attila, communications director of...
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How long before the recession ends?
Date: 2011-04-04 13:02:43
In the United States people start to return to restaurants. What is the view of the profession’s Hungarian representatives on the current recession? Krisztián Kiss /Head chef of Cascade/: Our...
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Five billion HUF to the development of local markets
Date: 2011-04-04 12:55:43
The government would spend five billion HUF on the development of the local markets, in order to transport the locally produced goods to the local communities without intermediaries – said...
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Sunday opening hours – Pro and con
Date: 2011-04-01 18:26:35
The proposal is intended not only to give the workers a rest day, but also to reduce the competitive disadvantage of the smaller shops against hypermarkets. Harrach Péter believes that...
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A new network of primary producers' market at living estates
Date: 2011-04-01 17:47:20
A network of market for primary producers will soon be created, mainly in the cities at living estates, if the the example shown on Saturday by the 11th district of...
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Hungary remains GM food free
Date: 2011-04-01 17:30:19
For Hungary it remains an important objective to preserve the country free from genetically modified organisms (GMO) – said Ángyán József, State Secretary of the Ministry of Rural Development, responsible...
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Common Agricultural Policy is still the way to go
Date: 2011-04-01 16:36:03
Plans to limit subsidies paid to big farms under the Common Agricultural Policy have won insufficient support in the Council of Farm Ministers. The farm commissioner thought that the proposals...
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The future of the mushroom industry can be positive
Date: 2011-04-01 13:39:47
Hungarian mushroom production can increase by up to 30-40 percent, after the previously experienced downturn stopped. If the mushroom industry can compete with its competitors it will have a great...
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E-invoicing could be resulted in 40 billion euros savings per year
Date: 2011-04-01 13:29:33
According to the previously stated intention of the European Commission, they want to achieve a 20 percent electronic bill penetration in the EU, until 2020. The expectation is not impossible,...
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Coffee, sugar, cocoa: Five-ten-fold price increase may come?
Date: 2011-04-01 13:25:22
According to the latest forecasts, by 2014 the coffee, sugar and cocoa prices will increase to their five-ten-fold. In the key production areas, production is decreasing, because it is more...
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The .hu is not necessarily a Hungarian webstore
Date: 2011-04-01 12:28:33
The Hungarian organization of the European Consumer Centre (ECC) advises to the consumers to be informed of the businesses operating the webstore, before purchasing anything. The communication of the European...
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The white wines of Eger are promoted under the brand name Egri Csillag
Date: 2011-04-01 10:53:47
To promote the white wines of Eger that received little attention, local winemakers created the Egri Csillag wine brand. The name was chosen from more than three thousand proposed names,...
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The market of retail household chemicals expanded
Date: 2011-03-31 18:11:14
Hungary's retail household chemicals and cosmetics market was worth roughly HUF 300 billion HUF in the twelve months to February, level with the previous twelve-month period, market research company Nielsen...
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New cafeteria: the Széchenyi Rest Card soon to be arrive
Date: 2011-03-31 14:37:57
The government decided on the 30th of March on issuing the Széchenyi Rest Cards, that the employers can give to the employees in a value of 300 thousand HUF, contribution...
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One-third less malls were handed over last year
Date: 2011-03-31 14:17:08
According to the study of Cushman & Wakefield; last year, such a decline occurred in the developments of the shopping center, that has not observed since 1983. 5.2 million square...
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Government submission has not prepared in connection with the hamburger tax yet
Date: 2011-03-31 14:17:01
The Secretary of State of the National Ministry of Resources, responsible for Health issues confutes Thursday morning’s press informations over the ready submission in connection with the hamburger tax. The...
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Ample supply and last year's prices are expected of Easter ham
Date: 2011-03-31 14:00:27
Although Easter is a month away, the manufacturers have already started to deliver smoked meats to the stores. This year, because of the high competition and due to the decline...
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Bread to increase with an average 8 HUF in April
Date: 2011-03-31 13:58:59
Bakeries will increase the price of bread by an average of 8 HUF in early April, because of the price increase of flour – told Varga László, Chairman of the...
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Pigkeepers may protest again
Date: 2011-03-30 17:03:11
In case no real substantive measures are taken linked to the demands of protesters in order to improve the situation of pigfarmers, then those affected by the current deplorable situation...
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The customers are interested in the price / value ratio primarily
Date: 2011-03-30 13:06:31
Surveys have shown that Hungarian customers are clearly looking for domestic products, but experience of the retail chains shows that the minimum price difference favors the foreign products. Those who...
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They were expanding relentlessly last year too
Date: 2011-03-30 12:51:36
How many more large floor space stores can the Hungarian market provide for? I have been asked this question several times recently by the heads of FMCG companies. My answer...
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GfK: decrease in consumer confidence and in willingness to purchase
Date: 2011-03-30 12:49:17
The Complex Consumer Confidence Index, the Consumer Expectations Index and the Willingness to Purchase Index have also declined in March 2011 – contains the Wednesday Communication of GfK Hungária. Nearly...
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Free-Sunday would not be mandatory twelve times per year
Date: 2011-03-30 12:23:29
Until the end of April or until early May, the government will develop its final vision over the free Sundays. On the basis of the negotiations it seems that the...
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The committee does not to discuss over the six-month ban of mall construction
Date: 2011-03-30 12:14:53
The Sustainable Development Committee of the National Assembly did not support to take the bill into subject line, which had been assigned a six-month moratorium on permiting the building of...
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EU: There are no agreements to regulate cloned meat
Date: 2011-03-30 12:01:58
The Council and the European Parliament did not agree over the regulation of foods derived from cloned animals. The Council and the European Parliament failed to agree until the prescribed...
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VHT is still against the protest of pigfarmers
Date: 2011-03-29 17:41:05
The Livestock and Meat Association and Productcouncil (VHT) does not wish to bring trade political questions to the street, so they are not going to take part in the protest...
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The price increases of flour and bread have not ended yet
Date: 2011-03-29 13:31:14
(HU) The price increases of flour and bread have not ended yet...
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What is an ideal shopping mall like?
Date: 2011-03-29 13:14:17
The joint background conversations of Futureal, Jones Lang LaSalle and GfK Custom Research were about the general market trends, the most important macroeconomic statistics and the constantly changing needs towards...
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